Moroccan mining company Managem acquires assets of Canada’s Iamgold in Senegal, Mali and Guinea

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.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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Ottawa pressed to sanction Russian steel magnate Alexei Mordashov and his investment in Canadian gold mineWorth an estimated US $29-billion, Mr. Mordashov has been blacklisted and subject to asset freezes by the United States, the European Union and Australia but not Canada Don't hold your breath.
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Moroccan mining company Managem acquires assets of Canada’s Iamgold in Senegal, Mali and GuineaManagem said it purchased the Iamgold assets in the three African countries for a total cost of $282-million
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