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Moroccan miner Managem lowers cobalt production due to plummeting prices
Managem, a Moroccan mining company, said it lowered cobalt production at its Bou Azzer mine due to falling prices, as it reports a drop in first quarter revenue. The company opted for “preserving resources” in this low prices context, it said in a statement, noting a 13% drop in first quarter revenue. Cobalt is a […]
Mauritania reinforces military presence on its northern borders
Mauritania whose economy has been hit by Polisario’s banditry is set to reinforce its military presence in its northern borders in a move that signals Nouakchott’s determination to avert the Polisario’s incursions into its territories. The Algeria-backed Polisario separatists have blocked a critical border passage linking Morocco to Mauritania for three weeks. The passage which […]
Election of Parliament Speaker Complicates Benkirane’s Bid to Form Coalition
Leftist MP Habib El Malki of the USFP party was elected Monday Speaker of the Lower House of Parliament amid fears that such a decision may further complicate the stalling formation of a coalition government by Abdelilah Benkirane, Secretary General of the Islamist PJD party. Benkirane was appointed Head of Government by King Mohammed VI […]



