Canada’s Aya Company to expand Moroccan silver mine of Zgounder

Canadian mining company Aya Gold & Silver has launched lately the feasibility study for the expansion of the Moroccan Zgounder Silver Mine, near Ouarzazate. AYA says the expansion of its operations in the Moroccan mine will help the company increase its production targeting 2,000tpd. “The strong silver fundamentals as well as our planned drilling exploration […]

Morocco: Pensions Fund RCAR acquires 16 million equities of Maroc Telecom

The Moroccan retirement pensions fund, Régime Collectif d’Allocation de Retraite, (RCAR) has acquired 16,229,447 shares of Maroc Telecom, which has floated 8 per cent of the company’s shares. The operation took place on June 17. RCAR with this acquisition has increased its share in the company to 5.81 per cent, the Moroccan Capital Market Authority […]

Libya: Russia adds weight to calls for political solution to crisis

Russian Foreign Minister Thursday told an international gathering that only a political statement would end the military crisis that has engulfed Libya early this month after eastern military commander Khalifa Haftar launched an offensive to take Tripoli. “We need to put an end to the ongoing internal conflict in Libya,” Sergei Lavrov said in his […]