Aug 24, 2026 – 8.59amIt will be the moment of truth for ASX-listed bauxite hopeful Canyon Resources on Monday when the company is slated to exit a voluntary share suspension with an update on its flagship Minim Martap project in Africa’s Cameroon.Among those watching closely will be Dubai-headquartered mining investment group A2MP, which owns 55.6 per cent of Canyon and on July 29 made an off-market takeover bid to acquire the rest. Canyon Resources shares haven’t traded since August 18.Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Angira Bharadwaj is a co-editor of Street Talk. She covers IPOs, capital raises, mergers and acquisitions and other breaking news in Australia’s capital markets. Previously, she covered financial services, state, and federal politics. Send tips to @angirab.60 on encrypted messaging platform Signal.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?
Canyon Resources to show its hand at bauxite project after low-ball bid
The ASX-listed bauxite explorer is slated to provide an update on its Minim Martap come Monday. One investor is watching closely and hoping for vindication.
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