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Keywords: Mining
In a remarkable display of resilience, Morocco's OCP Group has emerged as a beacon of strength in the face of economic challenges, recording a robust revenue of MAD 43.5 billion (approximately $4.35 billion) as of June 2024. This significant rebound, amidst a global economic landscape marked by uncertainty,......
As the Pacific Islands Forum (Pif) convenes in Tonga this week, UN Secretary General António Guterres is set to join Pacific leaders in addressing the pressing issues facing one of the world's most climate-vulnerable regions. The summit, commencing on Monday, brings together 18 member nations......
In a story that reads like a modern fairy tale, a destitute laborer from the central Indian state of Madhya Pradesh has uncovered a diamond worth millions, potentially altering the course of his life and that of his family. Raju Gound, who has spent over a decade leasing mines in Panna city, unearthed......
Critical Mineral Resources (CMR), a UK-based mining company, has announced an exclusive option to acquire the Igli project, a high-grade silver and copper venture situated in the Anti-Atlas region of Morocco. This strategic acquisition marks a significant step for CMR as it expands its portfolio in one......
In a significant move aimed at bolstering their economic and strategic ties, Morocco and Turkey have signed two pivotal agreements focusing on energy, earth sciences, and mining. The signing ceremony took place on Thursday in Rabat and featured Morocco’s Minister of Energy Transition and Sustainable......
A series of mysterious mass animal deaths has prompted authorities in Niger to close several gold mines. The fatalities, suspected to be caused by contaminated water released from mining operations, have had a profound impact on local herding communities. In over a dozen villages surrounding the town......
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......
Canadian mining powerhouse, Aya Gold & Silver, stands on the brink of securing a substantial infusion of capital to drive its Moroccan operations to new heights. On Tuesday, the company unveiled a pivotal agreement with multiple partners for the acquisition of 6.6 million common shares at $10.25......
Representatives from the Kingdom of Morocco and Saudi Arabia convened this week to formalize an agreement aimed at boosting cooperation between the two nations in the mining sector. On Tuesday, Moroccan Minister of Energy Transition and Sustainable Development Leila Benali and Saudi Minister of......