Yaoundé - 20 January 2022 -

Minim Martap Project: Canyon Resources partners with Belgian Vecturis to improve transport process

Minim Martap Project: Canyon Resources partners with Belgian Vecturis to improve transport process
  • Comments   -   Friday, 12 March 2021 12:03

(Business in Cameroon) - On March 9, Canyon Resources announced the conclusion of a service agreement with Belgian rail engineering expert Vecturis for the Minim Martap bauxite project.

Per the terms of the said agreement, Vecturis will provide its expertise to the Bankable Feasibility Study (BFS) currently underway on the project. Specifically, the company will ensure that the process being elaborated for the transport of bauxite from the production site to the port of Douala are as efficient as possible. It will particularly focus on the ore loading and unloading processes, which will have a significant impact on the volume of ore transported yearly, we learn.

"It is a unique situation where senior Vecturis executives previously run the Camrail business and know the rail line and the operation well. The appointment of Vecturis complements the BFS team and will ensure an optimal solution for the critical rail section of the project logistics," commented James Durrant, Canyon’s Director of Projects.

Let’s note that in November 2020, Canyon Resources signed a memorandum of understanding with Camrail for the transportation of 5 million tons of bauxite from Minim Martap to the port of Douala every year. The Minim Martap deposit contains 1 billion tons of mineral resources grading 45.2% alumina.

Emiliano Tossou

In 2021, the volume of interbank borrowings through the repo agreement rose by almost 100% in the CEMAC, a recent report by the central bank BEAC...
On January 18, 2022, Cameroonian customs authorities issued a release concerning rumors that claim the social rights of some twenty private agents have...
Incumbent operator CAMTEL recently launched “Blue” sim cards for its mobile subscribers five months after the creation of its new commercial brand...
Every year, Cameroon Real Estate Corporation (SIC) loses money because it fails to add VAT taxes to the rent collected from clients. This is the...

Mags frontpage

Business in Cameroon n106-107: December 2021-January 2022

Nine projects and innovations that demonstrate Cameroonians’ genius

This is how Gozem plans to revolutionize the transport sector in Cameroon

Investir au Cameroun n116-117: Decembre 2021-Janvier 2022

La preuve par 9 du génie camerounais

Comment Gozem veut révolutionner le transport urbain au Cameroun