Managem Group to expand its gold mining portfolio to 50% after expansion

MOROCCO – Managem Group, a mining company, has announced that it is aiming to expand the share of gold in its portfolio, from 20% to 50%, in line with growing production in its Sudan mine. According to the company’s CEO, Imad Toumi, the expansion of the Gabgaba mine in Sudan, as well the launch of Managem’s Tri-K gold mine in Guinea later this year, are both contributing factors to the mining company’s growing gold portfolio. While gold currently accounts for 20% of the mining giant’s turnover, Managem hopes to increase…

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