King Mohammed VI's Managem invests $750 million to double gold production to 500k oz
Billionaires Africa | 02.04.2026 17:10
Morocco's Managem Group, the mining company owned by Al Mada, the family office of King Mohammed VI, plans to invest $750 million to raise gold production by 134% to 500,000 ounces by the end of the decade, after a surge in gold prices drove net profit up 384% to more than $322 million in 2025.
