Moroccan mining firm, Managem, announced, Tuesday, that it acquired the remaining 30% stake in the joint venture with West African-focused gold mining and exploration company Avocet Mining, for $21 million. In 2016, Managem acquired 40% of this project in partnership with Avocet Mining before increasing this share to 70% in 2018. With this […]
As rescue and relief efforts continue unabated in the earthquake-hit areas, King Mohammed VI ordered that children who lost their parents to be given status of adoptees of the nation, in a gesture of national solidarity. The earthquake that struck a week ago was the deadliest since 1960 killing nearly 3000 people, destroying villages in […]
Moroccan security forces Saturday announced the arrest of a suspect connected to a terrorist cell arrested in France last month, reports say. The cell, affiliated to the Islamic State group (IS), was dismantled in Strasbourg, north-eastern France, mid-November. The five-man cell made of four French citizens and a Moroccan was planning to stage attacks in […]
