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Canyon Resources Appoints New CFO to Propel Bauxite Project
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Canyon Resources Appoints New CFO to Propel Bauxite Project

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Canyon Resources Limited ( (AU:CAY) ) has issued an update.

Canyon Resources Limited has appointed Mr. Kudzai Mtsambiwa as Chief Financial Officer and Company Secretary, effective January 15, 2025. This strategic appointment occurs as Canyon progresses its Minim Martap Bauxite Project toward the development stage, with Mr. Mtsambiwa expected to play a crucial role in financing negotiations, feasibility study completion, and potential offtake discussions. His extensive experience in African jurisdictions is anticipated to significantly benefit the company’s operations at a pivotal time, enhancing its industry positioning and contributing to its continued success.

More about Canyon Resources Limited

Canyon Resources Limited is a company focused on advancing its Minim Martap Bauxite Project in Cameroon. The company operates within the mining industry and is primarily engaged in the exploration and development of bauxite resources.

YTD Price Performance: 2.78%

Average Trading Volume: 1,116,957

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$262.1M

Find detailed analytics on CAY stock on TipRanks’ Stock Analysis page.

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