- Canyon Resources to invest $5 billion in developing Cameroon’s bauxite industry
- Cameroon stands to gain 5% of annual production under the deal
Australian mining company Canyon Resources Limited has been awarded a 20-year mining license to develop the Minim-Martap bauxite deposit in Cameroon’s Adamaoua region, the government announced. The project represents a $5 billion investment in the country’s mining sector, according to the Ministry of Mines, Industry and Technical Development.
This article is free to read.
Sign up for free or sign in to continue reading.
Unlike our competitors, we don't force you to pay to read the news but we do need your email address to make your experience better.
Create your free account or sign in
