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  • Canyon invests further $5.6 million into Minim Martap bauxite project

    2021-08-19 12:10:43   [Print]
    Australian-based Canyon Recourses invests a further $5.Asian Metal Copyright3% aluminium oxide and 2.Asian Metal Copyright6 million into its Minim Martap bauxite project after completing the first phase of its $6.Asian Metal CopyrightAustralian-based Canyon Recourses invests a further $5.Asian Metal Copyright2 million placement.

    The company has announced it has raised more than $5.6 million from the issue of 70.Asian Metal Copyright6 million into its Minim Martap bauxite project after completing the first phase of its $6.Asian Metal Copyright48 million new shares.

    Besides funding the feasibility study, Canyon Recourses have announced it will also use the proceeds to advance strategic projects and offtake discussions.

    The Minim Martap project in central Cameroon has a resource of 1 billion tonnes grading 45.3% aluminium oxide and 2.Asian Metal Copyright The company has announced it has raised more than $5.Asian Metal Copyright7% silica dioxide that includes an ore reserve of 99Mt at 51.Asian Metal Copyright The company has announced it has raised more than $5.Asian Metal Copyright6% aluminium oxide and 2.Asian Metal Copyright48 million new shares.Asian Metal Copyright4% silica dioxide.
    .Asian Metal Copyright3% aluminium oxide and 2Asian Metal Copyright
    Alumina 98.5%min EXW China
    Unit:RMB/mt
    Alumina 98.5%min EXW China RMB/mt
    China alumina producers' inventory statistics by province by month
    Unit: mt
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