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Canyon Resources
Canyon Resources (CAY) investor relations material
Canyon Resources Q2 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 TU earnings summary26 Jan, 2026
Executive summary
Construction of ore haulage access road and IRF access completed, with mining set to commence in February 2026 and first bauxite shipment targeted for mid-2026, subject to equipment delivery schedules.
Engineering for the IRF and port site completed, with key infrastructure components ordered and on track for Q1–Q2 2026 delivery and commissioning.
All major project milestones, including rail and port upgrades, remain on schedule, with trial shipments and full shipping operations planned for mid to late 2026.
Financial highlights
Cash position at 31 December 2025 was A$86 million, with a strong pro-forma balance sheet and ~US$95 million in undrawn debt.
Tranche 1 of a strategic funding package raised A$35.6 million; total equity funding package to reach approximately A$205 million upon completion of Tranche 2.
Second drawdown of ~US$19 million from a US$140 million credit facility completed, bringing total drawdowns to ~US$45 million.
Net cash from financing activities for the quarter was A$71.6 million, with total available funding of A$237.2 million at quarter end.
Outlook and guidance
First mining operations scheduled for February 2026, with maiden bauxite shipment expected mid-2026 and full shipping schedule commencing Q4 2026.
Alumina refinery feasibility study completion targeted for Q3 2026.
Rail transport capacity initially targeting 2 Mtpa in 2027, with studies underway to increase to 10–15 Mtpa.
Specific measures countering unrest delays?
Contingency for unapproved EEA A$100M placement?
What drives the Camrail investment increase?
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Next Canyon Resources earnings date
H1 202612 Mar, 2026
Canyon Resources
Next Canyon Resources earnings date
H1 202612 Mar, 2026
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Frequently asked questions
Canyon Resources Limited is an Australian mining company focused on the exploration and development of bauxite resources in West Africa. The company’s primary project is the Minim Martap Bauxite Project in Cameroon, which targets high-grade bauxite deposits essential for aluminum production. Canyon Resources is involved in exploration, feasibility studies, and project planning to advance Minim Martap towards production, aiming to supply global markets with a reliable source of bauxite. Canyon Resources Limited is headquartered in West Perth, Australia, and its shares are listed on the ASX.
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