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Keywords: Gold
The Moroccan mining group Managem announced that its revenue reached 4.42 billion dirhams (MMDH) in the first half of 2025, showing near stability compared to the same period in 2024. According to its financial communication, the second quarter revenue stood at 2.09 billion dirhams, down from 2.47 billion......
The Nasdaq Composite reached an all-time high on Monday, while gold prices surged beyond $3,600 per ounce for the first time, as investors bet heavily on Federal Reserve interest rate cuts following disappointing U.S. employment data. The tech-heavy Nasdaq gained 0.45% to close at 21,798.70, surpassing......
A significant gold deposit has been uncovered near Guelmim in southern Morocco, marking a historic milestone for the country’s mining sector. OLAH Palace Trading, a mining exploration firm, announced highly promising results from recent fieldwork, uncovering an extensive network of 34 hydrothermal......
The price of gold surged to an unprecedented $3,516 per ounce on Tuesday, propelled by mounting economic uncertainty that drove investors away from equities. The precious metal briefly hit $3,516.31 during Asian trading before settling near $3,508.50, marking a significant milestone in its continued......
The discovery of high-grade gold veins in Guelmim, southern Morocco, marks a significant milestone in the country’s mining sector. Fieldwork has identified 34 quartz veins with exceptional gold content, positioning Guelmim as a potential hub for one of North Africa’s most promising gold deposits. High-grade......
The European Bank for Reconstruction and Development (EBRD) has announced a $25 million loan to Canadian mining company Aya Gold & Silver Inc., aimed at advancing the exploration of the Boumadine polymetallic mine in Morocco’s Drâa-Tafilalet region. This marks a significant step in the......
In a global landscape marked by economic and geopolitical uncertainty, gold has emerged as a pivotal strategic asset for many nations. Traditionally regarded as a safe haven, this precious metal plays a fundamental role in the financial stability of countries. Gold reserves enable central banks to support......
Aya Gold & Silver has secured final approval from the European Bank for Reconstruction and Development (EBRD) for a $25 million secured credit facility. This funding will be directed towards the development of the Boumadine polymetallic project, enhancing the company's financial flexibility as......
Aya Gold & Silver is gaining remarkable traction at its Zgounder silver mine in Morocco. The Canadian mining company has reported significantly enhanced operational results for April, underscoring the growing strength of its primary mining site. Silver production at the Zgounder mine has surged......