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warrenatk

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23/01/18

02:37

Post #: 30484756
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Originally posted by warrenatk ↑

even though this writeup is very old, thought it was very interesting that all the rail lines have been inspected for future transporting Birsok bauxite deposit in Cameroon.

"(Business in Cameroon) - Fledgling Australian mining company, Canyon Resources Ltd, has signed a memorandum of understanding with Bolloré Africa Logistics Cameroun SA and Camrail SA for a complete logistical assessment of the Douala port and railway network prior to starting production at the Birsok bauxite deposit in Cameroon.
Camrail and the Bolloré group, which respectively operate the railway and the port, will be “important partners” for Canyon in the project’s development and functioning.
The Birsok project covers 1462 km2 in the Adamoua region in the country’s northern region and possesses a bauxite rich area of 3.5 km by 40 metres with an average thickness of 4 metres and aluminium oxide levels ranging between 40 and 45%."

"(Business in Cameroon) - Specialising in rail maintenance vehicle manufacturing, Austrian company, Plasser & Theurer, delivered a “geometric parameter control autorail,” for 2.31 billion FCFA. This was announced on December 3, 2014 in Yaoundé at the official service launch of the new equipment.
This specialised railcar with a barrage of electronic equipment, will allow the rail concessionaire “to gather information on the geometric quality of the railway, data on rail profiles, the wear on the tracks, inclination and surface flaws.” According to Camrail officials, the monitoring autorail “will help to improve the annual maintenance” of the national railway as well as “quickly check all work done on the track.”
The launch of this maintenance equipment comes only days after the Cameroonian rail service was declared to be good and able to transport the bauxite mined by Canyon Resources on the Birsok project in Adamaoua.
Indeed, on November 26, 2014, the above-mentioned mining company announced that it was certain about the quality of the Cameroonian railway network after data provided by Camrail were examined. This second opinion was provided by Clarendon Irving Ltd and Andrew Neal & Associates."

http://www.businessincameroon.com/liste-articles/articles?filterTitle=canyon

http://www.businessincameroon.com/m...u-with-bollore-and-camrail-for-birsok-bauxite

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good reference post

CAY Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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