Keywords: Mining Sector


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......