Managem Reports 13.7B DH Revenue, Driven by Prices and Projects

Moroccan mining group Managem reported 2025 revenue of 13.7 billion dirhams, a 12% increase driven by higher metal prices and new project ramp-ups.

Managem Reports 13.7B DH Revenue, Driven by Prices and Projects

Image: fr.le360.ma

Moroccan mining group Managem reported consolidated revenue of 13.7 billion Moroccan dirhams (approximately $1.36 billion) for the full year 2025, according to its financial results. This represents a 12% increase compared to the previous year's revenue of 12.2 billion dirhams.

The growth was primarily attributed to a favorable price effect for key metals, particularly copper and cobalt, alongside the contribution from new mining projects that reached production. The group's performance was supported by its diversified portfolio across several African countries.

Managem, a key player in the African mining sector, is listed on the Casablanca Stock Exchange and is controlled by Al Mada, a Moroccan investment holding company. The company operates mines for gold, silver, copper, cobalt, and zinc.

The reported financial figures are based on the company's official communications regarding its 2025 annual results. The group's strategy continues to focus on exploration and development to sustain its production pipeline.

πŸ“° Source:
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