Canyon Resources Limited
CYRWF
Other OTC0.06
USD
- -
- -
ISIN
AU000000CAY9
Return %
Stock
S&P500
1Y
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26.57
3Y
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76.60
5Y
- -
78.48
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Jean-Sebastien Boutet
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 945 Wellington Street West Perth WA Australia 6005
- IPO Date
- May 12, 2020
- Website
- canyonresources.com.au
- Similar Companies
- Business
- Canyon Resources Limited is an Australian bauxite resource development and exploration company focused on advancing the world-class Minim Martap Bauxite Project located in central Cameroon. The company’s core products include the mining and production of high-grade bauxite, characterized by low reactive silica content suitable for both low and high-temperature alumina refining technologies. The Minim Martap project, held through its wholly owned Camalco subsidiary, encompasses over one billion tonnes of bauxite reserves and is positioned near critical infrastructure, including the main rail line linking to the Atlantic port of Douala. Canyon aims to produce up to 6.4 million metric tons of bauxite annually from this tier-one asset. Besides minimizing Martap, the company holds exploration projects in Burkina Faso including Tao, Pinarello, Taparko North, Derosa, Konkolikan, and Birsok. Recent major company developments include securing a A$24.5 million investment from major shareholder Eagle Eye Asset Holdings to advance project development, including completion of the definitive feasibility study (DFS) expected in late 2025. In 2024, Canyon Resources obtained a critical mining license for the Minim Martap project and has since progressed significant capital raisings to fund infrastructure, including acquiring locomotives and rail wagons with deliveries scheduled for the first quarter of 2026. Canyon also expanded its logistics capabilities through Camalco's strategic acquisition of a 9.1% stake in Camrail, Cameroon's principal rail operator, securing a key position on the Camrail board and supporting mine-to-port logistics. The company expects to commence bauxite shipments from Minim Martap in the second quarter of 2026 and maintains a strong focus on sustainable community engagement and economic development in host regions. Founded in 2006 and headquartered in Perth, Australia, Canyon Resources operates primarily in the bauxite mining and alumina sectors with strategic exploration and development activities in Central and West Africa. Its operations primarily target industrial and commodity markets requiring high-grade bauxite for aluminum production globally. The company continues to leverage partnerships and equity investments to support its transition from development to production, establishing itself as a significant emerging player in the global bauxite mining industry.