The total resource portfolio of the Bamouk assets exceeds 5 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 per cent, on the back of higher precious and base metal prices.
France Dernières Nouvelles, France Actualités
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