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Keywords: Moroccan mining
Wednesday 27 August 2025 - 14:50
Moroccan mining powerhouse Managem Group has finalized the sale of its Oumejrane mining subsidiary to Purple Hedge Resources Morocco for USD 30 million. The agreement, announced on Wednesday, includes potential additional payments of over USD 2 million, subject to conditions, payable after a 12-month......
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......