Key Minerals in Africa: As Cameroon Bauxite Project Advances, Australia's Canyon Seeks New CEO
¬ Peter Martap, CEO of Canyon Resources, resigns; global leadership succession process launched
¬ Secker to remain in interim role; Minim Martap Bauxite Project in Cameroon set for 2026 commissioning
¬ New CEO to oversee production ramp-up and alumina refinery feasibility study
Canyon Resources announced on Monday that CEO Peter Secker has resigned, adding that the Australian company has launched a global search for his successor.
The company stated that Secker will continue to serve in an interim capacity over the coming months, overseeing the transition while the Minim Martap bauxite project in Cameroon moves toward commissioning.
Peter Martap stepped down for personal reasons, just weeks before the project’s expected second-quarter 2026 startup. He will continue to oversee construction of the project, which, upon completion, will become Cameroon’s first bauxite mine. Since taking office in July 2025, he has been focused on accelerating project delivery.
Depending on the length of the transition period, his successor will be responsible for driving full-scale project commissioning and ultimately finalizing negotiations with potential buyers. The new CEO will also oversee the feasibility study for an alumina refining plant, which is currently 45% complete as of January 2026.
"We fully understand and respect Peter’s decision, and we have initiated a global recruitment process to identify a senior executive with extensive experience in bauxite and alumina operations," said non-executive chairman Mark Hohnen.
The Martap Bauxite Project holds over 1.1 billion tons of bauxite reserves, including 144 million tons of ore with an alumina content of 51.2% and silica content of 1.7%. First shipments are expected in the third quarter of 2026.
Source: ecofinagency
Original article: toutiao.com/article/1862360519038044/
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