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Keywords: Mining Sector


Canadian mining firm expands its footprint in Morocco's mineral-rich region

Aya Gold & Silver Inc. has significantly expanded its Boumadine exploration project in Morocco, acquiring four new mining licenses that increase its operational area by 28.3% to 271.5 square kilometers. The company's strategic expansion, announced on February 5, 2025, marks a substantial development......

Morocco Unveils Innovative OTC Mining Framework at Global Summit

Morocco's Minister of Energy Transition and Sustainable Development, Leila Benali, presented an ambitious new sustainable mining initiative at the 4th International Mining Ministers Meeting in Riyadh. The proposal, dubbed the "OTC Corridor" (Origin, Transit, and Certification), aims to......

Failed Funding Derails Major Moroccan Mining Acquisition

Atlas Metals Group has announced the termination of its planned acquisition of Compagnie Minière de Oumejrane (CMO), a Moroccan mining subsidiary owned by Managem. The cancellation comes after the company failed to secure the necessary funding of MAD 183 million from institutional investors within......

Managem Successfully Concludes Capital Increase Amid High Investor Demand

Managem, a leading Moroccan mining company, has announced the successful closure of its recent capital increase through a combination of cash contributions and debt conversions. The operation involved the allocation of 1,873,368 new shares, resulting in a total capital raise of nearly 3 billion Moroccan......