Africorp Mining wins Naour tender, plans over 230 million dirhams investment
Africorp Mining has won an international tender from the National Office of Hydrocarbons and Mines (ONHYM) for the Naour deposit, with an investment exceeding 200 million dirhams (MDH) and more than 30 MDH for acquiring the exploitation license.
«Merija Mining, a subsidiary of Africorp Mining, the mines and quarries division of Africorp Consortium, chaired by Mr. Saad Berrada Sounni, the majority shareholder, – takes a new strategic step by winning an international tender launched by ONHYM for the exploitation of the Naour deposit located in the province of Beni Mellal, near Ksiba,» stated a press release from Africorp Consortium.
This new project, which will mobilize an investment of over 230 MDH, is part of Merija's development momentum, following the success of its initial mining operations in copper ore beneficiation through flotation, which began in 2019 in the Bouarfa (Talsint) region, now fully operational.
The deposit has a potential estimated at over 1.5 million tonnes of resources, with an average concentration estimated at 1.5% copper. It represents a significant growth lever for the company, with a projected turnover of 250 MDH by 2027.
Already recognized for its concrete actions in social responsibility at its operational sites – notably through local employment, equipping villages with solar pumps, and creating local services – Merija strengthens its role as an industrial and territorial catalyst through this new project.
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