Altus vends Cameroon bauxite JV to Canyon

Dual-listed, Africa-focused Altus Strategies has signed a joint venture (JV) termination agreement and a sale and purchase agreement with its JV partner in Cameroon, ASX-listed Canyon Resources. Under the terms of the agreements, Canyon will take ownership of Altus’ Aucam Resources subsidiary, which holds the Birsok and Mandoum licences in Cameroon.