Moroccan Miner Managem Turns to Copper

Reuters reported that Managem, Morroco’s biggest mining company, has plans to turn its attention to copper following decreased gold reserves at its Akka gold mines. The reserve levels are no longer viable at the Akka mine, and the company is working to transfer as many workers as possible to other locations, according to Reuters.

As quoted in the publication:

General manager Ismail Akalay said the company would increasingly focus on copper, following the discovery two years ago of a copper deposit of around 1.15 million tonnes in the same area, increasing total copper reserves to 8 million tonnes.

Click here to read the full Reuters article.