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Keywords: Mining


Indebted Indian Worker Unearths $95,000 Diamond

In a story that reads like a modern fairy tale, a destitute laborer from the central Indian state of Madhya Pradesh has uncovered a diamond worth millions, potentially altering the course of his life and that of his family. Raju Gound, who has spent over a decade leasing mines in Panna city, unearthed......

UK Mining Firm CMR Secures Promising Silver and Copper Project in Morocco

Critical Mineral Resources (CMR), a UK-based mining company, has announced an exclusive option to acquire the Igli project, a high-grade silver and copper venture situated in the Anti-Atlas region of Morocco. This strategic acquisition marks a significant step for CMR as it expands its portfolio in one......

Morocco and Turkey Forge Strategic Energy and Mining Partnerships

In a significant move aimed at bolstering their economic and strategic ties, Morocco and Turkey have signed two pivotal agreements focusing on energy, earth sciences, and mining. The signing ceremony took place on Thursday in Rabat and featured Morocco’s Minister of Energy Transition and Sustainable......

Gold Mines in Niger Temporarily Closed After Mass Animal Deaths Linked to Contaminated Water

A series of mysterious mass animal deaths has prompted authorities in Niger to close several gold mines. The fatalities, suspected to be caused by contaminated water released from mining operations, have had a profound impact on local herding communities. In over a dozen villages surrounding the town......

Managem Successfully Concludes Capital Increase Amid High Investor Demand

Managem, a leading Moroccan mining company, has announced the successful closure of its recent capital increase through a combination of cash contributions and debt conversions. The operation involved the allocation of 1,873,368 new shares, resulting in a total capital raise of nearly 3 billion Moroccan......

Aya Gold Nears $67 Million Funding Deal to Propel Moroccan Mining Ventures

Canadian mining powerhouse, Aya Gold & Silver, stands on the brink of securing a substantial infusion of capital to drive its Moroccan operations to new heights. On Tuesday, the company unveiled a pivotal agreement with multiple partners for the acquisition of 6.6 million common shares at $10.25......

Mining for a Brighter Future: Morocco and Saudi Arabia Sign Agreement to Strengthen Cooperation

Representatives from the Kingdom of Morocco and Saudi Arabia convened this week to formalize an agreement aimed at boosting cooperation between the two nations in the mining sector.  On Tuesday, Moroccan Minister of Energy Transition and Sustainable Development Leila Benali and Saudi Minister of......

Discovery of a Significant Copper Deposit in Morocco

In a groundbreaking announcement, Moroccan mining company Red Rock Mining has recently revealed a momentous discovery that has sent shockwaves through the global copper industry. Following two years of rigorous exploration in Morocco's Atlas Mountain range, the company has struck gold—or rather......

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