Mining

Cameroon: Minim Martap Bauxite Output Soon Transported by Rail

Cameroon: Minim Martap Bauxite Output Soon Transported by Rail
Thursday, 06 February 2025 11:21

With over 100 million tonnes of ore reserves, the Minim Martap project is poised to become Cameroon's first bauxite mine. The project's owner, Canyon Resources, plans to use the existing rail infrastructure to move the mine’s output

Canyon Resources secured the Cameroonian government’s approval for the location of its inland rail facility. In a press release dated February 4, 2025, the company announced that the bauxite produced at the Minim Martap mine will be loaded at the facility, before being moved by rail to the port of Douala.

Minim Martap is recognized as Cameroon's leading bauxite mine, with proven reserves of 109 million tonnes. In recent years, Canyon has intensified efforts to ensure that future bauxite production can be exported via rail. Alongside the recent government approval, the company disclosed last month that it secured a loan from one of its shareholders, Eagle Eye Asset (EEA), to acquire 22 locomotives and 550 railcars for transportation.

“The approval for the location of the IRF is a timely achievement for the company following the recently announced underwriting agreement with EEA to finance the purchase of rolling stock. Key details from these agreements are being factored into the ongoing DFS and the increased oversight of logistics provides Canyon stability in progressing our project,” Canyon Resources CEO Jean Sebastien Boutet said.

Besides the feasibility study, which is expected to be completed in the second quarter of 2025, additional work is required for the mine to commence production. The company must also finalize negotiations with Camrail and the Port of Douala regarding operational agreements for rail and port infrastructure. 

The next step will involve securing financing to construct the mine, as a mining convention already exists between Cameroon and Canyon. The government has also granted a mining permit for Minim Martap.

Emiliano Tossou

On the same topic
BHP confirms it has permanently withdrawn its pursuit of Anglo American after reports of a last-minute offer. Anglo American advances its $53...
EFKO begins a scouting mission to identify a site for a cocoa and shea processing plant in Guinea. Guinea earned $492.7 million from cocoa...
Senate advances the Electric Vehicle Transition and Green Mobility Bill. Draft law requires foreign automakers to partner locally and assemble in...
Global installed renewable capacity has multiplied 2.4 times since the Paris Agreement. Liberia has raised the renewable share of its electricity mix...
Most Read
01

(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...

MCB deploys strategic financing to Invictus Investment to scale up its agro-food operations in Africa
02

MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...

Africa HealthTech Bootcamp Opens in Benin With Focus on Regulation and Startup Growth
03

Public Eye claims over 90% of Cerelac samples in Africa contain added sugar, averaging 6 g per por...

Nestlé Faces New Claims of Excess Sugar in African Baby Cereals
04

Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims ...

Chad Reports Second Vandalism Attack on Key Internet Cable in Two Weeks
05

China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...

South Africa Loses More Support as Xi Jinping Also Skips the G20 Summit
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.