Tizert project
Located in the Western Anti Atlas, 65 km from Taroudant City, Tizert Deposit is among exploration success stories of Managem as a Cu-Ag world Class deposits discovery.
Exploration initiated in 1969 by BRPM (Bureau de Recherche et de Participations Menieres), led to identification of the Cu-Ag mineralizing system and potential for a copper deposits in the district.
Since 2016, Managem has undertaken sustainable exploration works that consist of airborne and ground-based geophysics, geochemistry, hyperspectral and more than 200,000 m of core drill holes. This multidisciplinary approach supported by new technologies of exploration deliver successive resources and reserves growth. Currently, Measured and Indicated Mineral Resources are estimated at 100 million tons, with an additional 30 million tons classified as Inferred Mineral Resources with a very prospective Brownfield targets for sustaining growth.
For the project's feasibility studies, expertise was sought from globally recognized engineering firms alongside Reminex Engineering, a subsidiary of Managem. These studies estimated the reserves to hold 590,000 tons of copper metal and 1,190 tons of silver metal, with a projected phase 1 annual production of 120,000 tons of copper concentrate over a 17-year operational lifespan.
Additionally, Industrial Valorization Plan (IVP) studies were carried out, aiming to position the project as a benchmark in technological and digital advancement within the industry.
In terms of infrastructure, the project plans include the construction of:
• 148 km of pipelines and 8 pumping stations
• 70 km of new 60kV power lines
• 40 km of new 22kV power lines
Imiter mine
The Société Métallurgique d’Imiter (SMI) is a subsidiary of Managem, which works the silver deposit at Imiter, situated in the eastern Saghro, 150 km from Ouarzazate. The silver deposit at Imiter stands out in the quality of its ore and is among the few mines in the world where silver occurs in its free elemental form and it produces ingots of Silver metal with a purity of 99.5%
Le gisement argentifère d’Imiter se distingue particulièrement par les qualités de son minerai et compte parmi les rares mines au monde où l’argent peut s’exprimer sous sa forme native et produit des lingots d’Argent métal d’une pureté de 99,5%
In late 2017, Managem completed work to extend the Imiter silver production plant, boosting the annual processing capacity by 30%. This new investment aims to prolong our mining activities and support our industrial production.
In 2018, Managem invested in the project to recycle the Imiter mine processing waste, thus promoting the environmental responsibility of its subsidiary and improving its operational performance with an 18% increase in silver production capacity as of 2019.
- Type of mine : Underground mine
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Product : Silver
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Geology of the deposit : Epithermal veins deposit
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Working : By fully mechanised cut-and-fill stoping .
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Processing : The rock is processed by gravimetric concentration
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production
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222 Tonnes metal in 2017
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Certifications:
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The SMI is certified compliant with ISO 14001 standards.
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The SMI is among the “Best Performers Emerging Markets” of the Vigeo Eiris ranking, in recognition of our commitment to social responsibility.
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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.