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An announcement from Canyon Resources Limited ( (AU:CAY) ) is now available.
Canyon Resources Limited has announced a leadership transition with Peter Secker appointed as the new CEO, effective from July 1, 2025. This change is aimed at propelling the company toward its next phase of growth, focusing on the development of its Minim Martap Project. Secker brings over 40 years of experience in the mining industry, including successful project development and significant shareholder value creation. This strategic move is expected to strengthen Canyon’s position as a key player in the bauxite market, leveraging the growing global demand for this resource.
More about Canyon Resources Limited
Canyon Resources Limited is a leading bauxite developer focused on the rapid development of the Minim Martap Project in Cameroon. The company has successfully grown under the leadership of its previous CEO, achieving significant milestones such as the completion of a Bankable Feasibility Study and securing key investments and licenses.
YTD Price Performance: 33.33%
Average Trading Volume: 1,189,382
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$340.1M
Find detailed analytics on CAY stock on TipRanks’ Stock Analysis page.
