Moroccan miner Managem reports 20% rise in Q1 revenue
Morocco's largest mining group Managem reported on Monday a 20% rise in its first-quarter revenue to 2.32-billion dirhams ($250-million), driven by higher gold, silver, copper, and cobalt prices. The Casablanca-listed firm invested 1.5-billion dirhams in the first three months of 2025, with 65% allocated to its Tizert copper mine in Morocco and the Boto gold project in Senegal, Managem said in a statement.
Morocco's largest mining group Managem reported on Monday a 20% rise in its first-quarter revenue to 2.32-billion dirhams ($250-million), driven by higher gold, silver, copper, and cobalt prices. The Casablanca-listed firm invested 1.5-billion dirhams in the first three months of 2025, with 65% allocated to its Tizert copper mine in Morocco and the Boto gold project in Senegal, Managem said in a statement.
