Business
Canyon Resources Limited - Commencement of Chief Executive Officer
Canyon Resources Limited - Commencement of Chief Executive
About this update from Canyon Resources Limited
[{"type":"text","content":"PERTH, Australia - Canyon Resources Limited (ASX: CAY) ('Canyon' or the 'Company') is pleased to announce that Mr Peter Secker has officially commenced his role as Chief Executive Officer (CEO), effective 1 July 2025.\nCanyon announced the leadership transition for Mr Secker and former CEO Mr Jean Sebastien Boutet on February 5, 2025, when Peter joined the Company as a strategic advisor.\nDuring this time, Peter has played an instrumental role in supporting the management team and Board, with a focus on optimising the development schedule for the flagship Minim Martap Bauxite Project ('Minim Martap' or 'the Project'), helping advance and secure key regulatory approvals, finalise the Company's strategic stake in CAMRAIL and progress funding initiatives to place the Company in a strong position to start production in early 2026 and make the first bauxite shipment from Minim Martap in H1, 2026.Mr Secker brings more than 40 years of global mining experience, with a proven track record of successfully leading mining projects from exploration through to production. His appointment comes at a pivotal time for Canyon, as the Company focuses on transitioning from development into construction and ultimately production.\nAs previously announced, Mr Boutet has now transitioned into the role of Chief Commercial and Corporate Development Officer, where he will continue to play a critical role in building strategic relationships and advancing commercial initiatives to support Canyon's development path.\nMr Peter Secker, Canyon Chief Executive Officer commented: 'Over the past several months I have had the opportunity to work closely with the Canyon team and gain a deep understanding of the Minim Martap Project and its significant potential. I'm pleased to now formally step into the role of Chief Executive Officer and lead the Company through this next phase of project development and first bauxite production in H1, 2026.\n'I would also like to acknowledge and thank Jean Sebastien for his support throughout this transition. His leadership, hard work and vision has been instrumental in positioning Canyon to where it is today, and I look forward to continuing to work alongside him in his role as Chief Commercial and Corporate Development Officer.\n'Canyon is exceptionally well positioned for the future and I look forward to working with the team...