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Gold production in Senegal: Managem ready to open its first gold mine by the end of 2025

27/05/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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The Moroccan group Managem confirmed on Monday, May 26, the commissioning of its first gold mine in Senegal in the second half of 2025. This is the Boto Project, which is intended to become the country's third industrial gold mine, with 1.6 million ounces of mineral reserves

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The gold production of the Moroccan group Managem is currently supported by the Tri-K gold mine in Guinea. The start of production in Boto is part of Managem's growth strategy, which aims for gold production of 500 to 000 onces par an style="font-family: "Bookman Old Style”, serif"> l ' horizon 2028. 900 onces, principalement gr ce In comparison, the company produced 5326 kg in 2024, or 187 kg la mine Tri-K en Guin É,000 e (125 ounces) and a more modest contribution from his op é Ration in Sudan. Boto, 90% controlled, other Senegalese gold projects are likely to support the growth of Managem's gold production in the long term. When buying the assets of Canadian Iamgold, the Moroccan group also acquired a 100% interest in AGEM Exploration Senegal, a company that owns the exploration projects of Boto West, Senala West, Daorala and a stake in the Senala license, in partnership with Oriole Resources

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