OUR NEWS

We are proud to announce the first gold pour at the Boto mine, located in the Kédougou region.

This major milestone marks the start of production, culminating more than two years of work and confirming our gold strategy in West Africa.

- 1.8 million ounces of estimated reserves
- An open pit mine with a capacity of 35 Mt/year
- A 2.75 Mt/year processing plant incorporating state-of-the-art processes
- Strategic infrastructure: 23 MW power plant, dam, dyke, base camp, airstrip, road network, etc.
- More than 2,500 jobs created during construction, 90% of which were filled by local resources
- Ultimately, more than 1,500 direct and indirect jobs created

With an expected production of 160,000 ounces/year over the first three years and a projected lifespan of 12 years, Boto is establishing itself as one of Senegal's most important mining projects.

Boto, was designed as a real lever for sustainable development, contributes to access to drinking water, the strengthening of health infrastructure, the training of young people and women, and the deployment of income-generating programmes for the benefit of local communities.

A big thank you to all the teams involved for their rigour, commitment and determination. 

For more information, click on the press release link.

A few days before the launch of the Tizert site, our CEO M.Imad TOUMI visited the site in the evening to share a special moment with the teams who, day and night, are putting their energy and expertise into this major project.

His presence embodies the vision and determination that drives us all: to make Tizert not only an industrial success, but also a strategic milestone in the history of the Managem Group.

As the final phases of testing and preparation get underway, every action and every effort brings us closer to this key moment.

More than just a start, this project marks a major step forward in our ambition to become a key player in the energy transition, combining innovation, responsibility, and collective commitment.

More than 2,000 children of employees from all regions of the Kingdom gathered in Bouznika for a series of sessions to enjoy a fun and meaningful human adventure under the theme: ‘The children of the Managem Group, from all regions, committed to a sustainable environment’.
Several activities were organised and designed to bring this edition to life in a spirit of fun and knowledge sharing:

• Environmental awareness workshops and planting activities
• Artistic, sporting and cultural competitions
• Launch of a radio station and podcast designed and run entirely by the children
• Cultural visits to Rabat's iconic monuments
• A welcome day marked by safety induction and the distribution of kits and supplies

An initiative that promotes values, combining learning, living together and commitment to a better world.

As of March 31, 2025, Managem Group reports a 20% increase in its consolidated revenue.
At the same time, the Group is actively advancing the rollout of its strategy, with major progress on projects under construction and the establishment of strategic partnerships.

Read the full press release at the following link :https://www.managemgroup.com/sites/default/files/2025-05/CP%20MNG%20T1_2025%200526.pdf

The Boto project is continuing to build momentum, with strategic infrastructure already finalised and the entire site making good progress, thanks to the unfailing commitment of our teams.

The target is to start production this summer, driven by the Group's collective commitment and expertise.

With Boto, Managem Group is building the future of a responsible mining industry, integrating the highest standards of safety, performance and positive impact for local communities.