Morocco’s Managem acquires Iamgold assets in Senegal, Mali and Guinea

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Casablanca-listed Managem, which operates in six African countries, is controlled by the royal family holding company Al Mada.

Managem reported a revenue of 7.376 billion dirhams ($700 million) in the first nine months this year, up 45%, on the back of higher precious and base metal prices.

(By Ahmed Eljechtimi; Editing by Louise Heavens)

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