Mining News

Canyon signs strategic parntership deal for Cameroon project

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ASX-listed Canyon Resources has inked a strategic partnership agreement and memorandum of understanding (MoU) with he mining engineering division of global mining giant Metallurgical Corporation of China (MCC) for the development of the Minim Martap bauxite project, in Cameroon.

MCC, through Zhongye Changtian International Engineering Corporation of MCC (MCC-CIE) would offer necessary assistance to Canyon in facilitating the off-taking and financing for the Project in China. MCC will also provide all necessary support to assist Canyon in technical, business off- taking and financial related issues.

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