Canyon Resources, an Australia-based minerals miner, announced that it has completed the latest ore reserve estimate for its Minim Martap bauxite project in Cameroon.
The ore reserve estimate was calculated based on the 2020 PFS2 and the recently updated mineral resource estimate.
The timetable was based on the annual output of 4 million tons per year, which will last for two years. The bauxite output will be up to 5 million tons per year during the remaining 20-year modeling period.