Canyon secures $140m credit for Cameroon bauxite project
Australia-listed Canyon Resources on Monday announced a $140-million credit facility to advance its Minim Martap bauxite project in Cameroon. The funding, arranged through AFG Bank Cameroon, will support infrastructure development for Stage 1 operations, including the acquisition of locomotives and wagons, as well as the development of rail and port facilities.
Australia-listed Canyon Resources on Monday announced a $140-million credit facility to advance its Minim Martap bauxite project in Cameroon.
The funding, arranged through AFG Bank Cameroon, will support infrastructure development for Stage 1 operations, including the acquisition of locomotives and wagons, as well as the development of rail and port facilities.
