Mauritania: First Quantum to close Guelb Moghrein in 2025
The metals producer, with annual revenues of around $7.6 billion (2022), expects to operate for under three more years at its copper site in Akjoujt, 250 km northeast of Nouakchott.
Someone shares this article with you
▪ Mauritania: First Quantum to close Guelb Moghrein in 2025
▪ The metals producer, with annual revenues of around $7.6 billion (2022), expects to operate for under three more years at its copper site in Akjoujt, 250 km northeast of Nouakchott.
▪ https://www.africabusinessplus.com/en/815329/mauritania-first-quantum-to-close-guelb-moghrein-in-2025/
This is First Quantum‘s other operating jurisdiction on the African continent, alongside its operations in Zambia. Akjoujt is one of Mauritania’s largest private mining operations, alongside Kinross‘ giant Tasiast gold mine further north. Mauritania is first and foremost know for its iron ore deposits developed by the state-owned SNIM in Zouerate.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Mineral resources
10/01/2024 at 16h55, by Africa Business+, updated 11/01/2024
Fortescue builds its Zambian copper exploration team
The Australian iron giant has sought mining and hydrogen opportunities in Africa for several years.
Mines
13/10/2023 at 15h48, by Africa Business+
US State Department spotlights Premium Nickel Resources in Botswana
With the support of the Washington embassy in Gaborone, the Canadian company will present American investors...
Mines
05/10/2023 at 12h17, by Africa Business+
Ivanhoe Mines in discussions with SNEL and Zambia for electricity supply
The copper and cobalt producer, led by co-chair Robert Friedland and president Marna Cloete, continues...
Mines
15/02/2023 at 19h20, by Africa Business+
First Quantum: Baba Salihi, MCM’s new country manager in Mauritania
Following the amicable settlement of its tax dispute with Nouakchott, MCM, the Mauritanian subsidiary...
Law firm
31/01/2023 at 18h39, by Africa Business+
Nouakchott, advised by Gide, settles out-of-court with First Quantum’s MCM
Mauritania again selected the French business law firm and opted for a settlement in its Cirdi case...
Mines
18/01/2023 at 15h56, by Africa Business+
First Quantum negotiates with unions in Zambia and Mauritania amid soaring costs
This has been a busy start to 2023 for the Canadian company listed on the Toronto Stock Exchange (capitalisation...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.