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Morocco’s Managem starts gold production at its Guinea mine
The Casablanca-listed company posted a profit of 225 million dirhams ($61.2m) last year. (Image: Managem)

Moroccan mining company Managem said it had started gold production on Wednesday at its mine in Guinea, opened as part of its expansion plan in Africa.

The company said it plans to produce 130,000 ounces of gold a year at the Tri-K mine, where reserves are estimated at 1.5 million ounces.

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The Casablanca-listed company posted a profit of 225 million dirhams ($61.2m) last year. (Image: Managem)

Moroccan mining company Managem said it had started gold production on Wednesday at its mine in Guinea, opened as part of its expansion plan in Africa.

The company said it plans to produce 130,000 ounces of gold a year at the Tri-K mine, where reserves are estimated at 1.5 million ounces.

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