** Shares of Australia's Canyon Resources CAY.AX rise as much as 11.4% to A$0.245, their highest level since October 15
** The bauxite explorer says mining operations at Minim Martap are scheduled to start in February 2026
** Minim Martap is co's flagship bauxite mine in Cameroon
** CAY stock down 2.8% in 2025
(Reporting by Aamir Sheik Khalid in Bengaluru)
((Aamir.SheikKhalid@thomsonreuters.com))