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Keywords: Mining


Morocco’s rising appeal for mining investment in Africa

Morocco is emerging as a prominent destination for mining investments, securing the fourth position among African nations. This achievement positions Morocco ahead of countries like the Democratic Republic of Congo and Zambia, showcasing its growing attractiveness in the sector. Several factors contribute......

Tragedy in South Africa: 87 Dead in Illegal Mining Standoff

A prolonged confrontation between South African authorities and illegal miners at the Buffelsfontein Gold Mine has claimed at least 87 lives. The tragedy underscores the severe humanitarian and legal challenges surrounding illicit mining in the country. South African police confirmed on Thursday that......

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......

Pakistan's USD 2.8 Billion Gold Discovery Promises Economic Transformation

Pakistan has unveiled a significant gold discovery in the Attock district, with reserves estimated at 32.64 tons valued at approximately 800 billion Pakistani rupees (USD 2.87 billion). The announcement came from former Punjab Mining Minister Ibrahim Hasan Murad, following extensive geological surveys......

Moroccan Mining Firm Seals USD 30 Million Oumejrane Mine Deal

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......

Canadian Mining Firm Achieves Major Silver Production Milestone in Morocco with $50M Growth Plan

Montreal-based Aya Gold & Silver Inc. has marked a significant achievement by reaching commercial production at its expanded Zgounder silver mine in Morocco, while announcing plans for an additional $50 million investment in the country. The company's new processing plant, which began construction......

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......

Argentina at a Crossroads One Year Under a Climate-Skeptic President

Argentina has undergone a profound transformation under President Javier Milei’s leadership, marked by significant shifts in environmental policy and economic priorities. While his administration has sought to address the country’s severe economic crisis, critics argue that these changes......

Morocco's Sustainable Mining Industry Takes Center Stage at IMC Morocco 2024

Morocco’s Minister of Energy Transition and Sustainable Development, Leila Benali, underscored the Kingdom’s commitment to fostering a sustainable mining industry during her speech at the first International Mining Congress of Morocco (IMC Morocco 2024) in Marrakech on Tuesday, according......