OUR NEWS

Managem and Barrick Gold Corporation announce a strategic alliance to boost gold exploration in Senegal, across three permits covering 820 km². Barrick will invest $7.5 million over two years, followed by $15 million between the third and seventh year, with an ambitious goal: confirming a potential of 2 million ounces of gold.

The team on-site was honored to welcome Imad TOUMI, the chairman and CEO of Groupe Managem, who took the opportunity to thoroughly engage with the progress made at the location. His visit was followed by a comprehensive tour of the construction site. The project is making great strides as it moves toward first LNG production.

Here are some key milestones in Phase 1 development:

• Gas Wells Ready: TE-6 and TE-7 are recompleted and ready to tie back to the processing facility.
• LNG Storage Tank Advancing: Inner tank complete, with steady progress on the outer tank and lid.
• Processing Facility Prepped: Pads are ready for units like gas separation systems and the cold box for LNG production.
• Community Support: Initiatives include water supplies for schools and improved mobile connectivity.

The site infrastructure highlights the project’s steady progression, with Phase 1 developments laying a strong foundation for future success. The Tendrara Micro-LNG Project stands out as a model of innovation, sustainability, and local impact.

 

On the occasion of the International Day of Young Talent, the Managem Group is proud to present a new episode of our podcast series "Les Voies de l'Excellence"!

Discover "The Perception of the Mining Sector by Generation Z." As a leading pan-African player in the mining industry, the Managem Group is committed to giving a voice to the younger generation and exploring their perspectives on the mining sector.

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As part of the strategic partnership between ONHYM and the Managem Group, and in accordance with the ONHYM-MANAGEM cooperation framework agreement, a seminar was organized on July 15, 2024, in Dakhla, with the presence of a multidisciplinary team from BRGM (Bureau of Geological and Mining Research - France). Their expertise provides an integrated external perspective for the development of our key projects in strategic metals necessary for the energy transition and Morocco's industrial sovereignty. The discussions focused on the current state of knowledge, the work done, and the next steps in the program for the main projects in partnership, particularly those concerning rare earths and copper. A new exploration model based on intelligent systems and machine learning was at the heart of the debates. This workshop marks an important milestone in our collaboration, reinforcing our shared commitment to ambitious and innovative goals.