https://www.engineeringnews.co.za

Morocco's Managem acquires Canada’s Iamgold assets in Senegal, Mali and Guinea

20th December 2022

By: Reuters

  

Font size: - +

Moroccan mining company Managem said on Tuesday it bought the assets of Canada's Iamgold in Senegal, Mali and Guinea, known as Bamouk, for $282-million.

The total resource portfolio of the Bamouk assets exceeds five-million ounces of gold, Managem said in a statement.

Casablanca-listed Managem, which operates in six African countries, is controlled by the royal family holding company Al Mada.

Managem reported a revenue of 7.376-billion dirhams in the first nine months this year, up 45%, on the back of higher precious and base metal prices.

Edited by Reuters

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Rosond
Rosond

ROSOND provides fast, efficient, safe, and cost-effective drilling and grouting services to mining and exploration industries throughout Africa.

VISIT SHOWROOM 
AirNox Pty Ltd
AirNox Pty Ltd

AirNox (Pty) Ltd is a level 1 BBBEE manufacturer of complete AdBlue® solutions for operators of SCR diesel engines and AUS40 across South Africa...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.1 0.796s - 224pq - 2rq
Subscribe Now