Tag: Morocco’s Managem
Africa Business Emerging Markets Headlines International Morocco

Morocco’s Managem to start production at Senegal’s Boto gold mine

North Africa PostComments Off on Morocco’s Managem to start production at Senegal’s Boto gold mine

Moroccan leading mining company Managem plans to start commercial production at its Tizert copper project in Morocco and Boto gold mine in Senegal in the second half this year. The company had spent 65% of its first quarter investments on the two projects, it said, noting that total investment in the first three months this […]
Africa Business Emerging Markets Headlines International Morocco

Morocco’s Managem to raise capital to finance expansion plans

North Africa PostComments Off on Morocco’s Managem to raise capital to finance expansion plans

Morocco’s biggest mining company Managem plans to raise 3 billion dirhams (300 million dollars) to finance its expansion plans in Morocco and Africa. The company said the capital increase will take place between March 14 and April 2 as it braces to start production at a gold project in West Africa known as Tri-K, with […]