Managem Group completes acquisition of Karita Gold Exploration Project in Guinea to strengthen its position in the mining sector
Acquiring Company
Managem Group
Acquired Company
IAMGOLD Corporation
Casablanca
TorontoEnergyOil And GasMiningMiningMineralMining TechnologyData MiningDescription
Moroccan mining company Managem Group has successfully acquired the Karita gold exploration project in Guinea from the Canadian company IAMGOLD. This strategic acquisition reinforces Managem's position as a major player in the mining sector in Guinea and expands its development potential in the region, further demonstrating its commitment to sustainable development and strategic growth in West Africa.
Quick answer
Managem Group is acquiring IAMGOLD Corporation, announced December 26, 2024. Managem Group is based in Casablanca, Casablanca Settat, Morocco.
- How much did Managem Group pay for IAMGOLD Corporation?
- The deal value was not disclosed.
- What does Managem Group do?
- Managem Group is a leading Moroccan mining company with a strong focus on sustainable development and strategic acquisitions in the mining sector.
- Where are Managem Group and IAMGOLD Corporation based?
- Managem Group is based in Casablanca, Casablanca Settat, Morocco. IAMGOLD Corporation is based in Toronto, Ontario, Canada.
- Who are the decision-makers at Managem Group?
- Fundz holds 2 contacts at Managem Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired IAMGOLD Corporation?
IAMGOLD Corporation was acquired by Managem Group, based in Casablanca. The deal was reported on December 26, 2024. Managem Group is a leading Moroccan mining company with a strong focus on sustainable development and strategic acquisitions in the mining sector. Managem Group is privately held and operates in Energy.
When did Managem Group acquire IAMGOLD Corporation?
Managem Group's acquisition of IAMGOLD Corporation was reported on December 26, 2024. Moroccan mining company Managem Group has successfully acquired the Karita gold exploration project in Guinea from the Canadian company IAMGOLD. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does IAMGOLD Corporation do?
IAMGOLD Corporation is a mid-tier gold mining company engaged in the exploration, acquisition, development, and operation of mining properties in North America and West Africa. It is publicly traded (IAG), operating in Mining, and is based in Toronto.
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