Akka mine
The AKKA mining site is located in the Copper Belt of the Western Anti-Atlas in Morocco, 280 km southeast of the city of Agadir. This metallogenic province, with a strong mining vocation, has since antiquity attracted the interest of the Phoenicians and then the Carthaginians for precious metals, and the Portuguese for copper in the 16th century. Managem's history in the province dates back to 2001 when its subsidiary AGM was created to exploit the Inlioua gold deposit in the same site. With the depletion of the gold deposit reserves in 2007, and in order to maintain activity in the region, Managem initiated an ambitious exploration program supported by R&D projects to develop innovative processes for treating slag from 16th-century artisanal foundries and dumps from semi-industrial operations of the early last century. The success of these efforts and the discovery of new Cu and Ag deposits allowed Managem to convert the gold processing plant to valorize the entire spectrum of copper-silver ores of the province and to sustain mining activity in the region.
Owned by AGM, a subsidiary of the Managem Group, which holds more than tow thounsand sqrKm of exploration permits and mining licenses. Following an integrated mineral system approach, the group has invested in multidisciplinary exploration programs that led to the discovery of a world-class Cu-Ag deposit in the construction phase. This Tizert project and the additional mineral resources discovered after the feasibility study fuel the Group's ambition to create a hub for copper production and silver as a by-product in the region.