Africa Business Emerging Markets Headlines International Morocco

Managem to increase revenue thanks to gold, copper projects – CEO

Morocco’s largest mining company Managem plans to increase its revenue by 50% from 9 billion dirhams currently, as it plans to increase gold and copper production starting from 2025, the company CEO Imad Toumi said. The company has resumed gold production in Sudan which represents 15% of its revenue, Toumi told Medias24. He said the […]

Africa Business Headlines International Morocco

Morocco’s Managem targets 50% gold portfolio, CEO Says

Managem plans to expand the share of gold in its portfolio from 20% to 50% as it expects an increase in production from the mine it operates in Sudan, CEO Imad Toumi said. Managem also plans to start production in its Tri-K gold mine in Guinea in the second half of this year, Toumi told […]