The activity of the Touissit mining company (CMT) in 2024 was brought through a favorable development of the cash prize (+35 %) and zinc (+22 %) compared to 2023. This economy made it possible to compensate for the effects of an operational environment, which is characterized by selective challenges. In this context, sales are 587 million DH, which has decreased slightly by 0.9% in the annual shift.
The operating result is 286 million DH, a decrease of 5% compared to 2023, while the operating margin is stopped in a context of supported investments for the development of new mining projects in the context of supported investments. “Thanks to the continuous improvement of the processing costs, the optimization of production operations and the performance gain for the treated production, this service was made possible,” said mining in a press release. In this context, the social net income is -14 million DH due to an exceptional provision of 199 million DH in order to cover identified risks.
CMT continued its development projects with considerable progress. On the historical site of Tighza, new usable resources were discovered on several structures (especially Ighrem Aousse and Sidi Ahmed) e. The CUPRIFère de Tabarouche project Online With the CMT diversification strategy, the CMT also has also made an important progress for completion of the environmental impact study and the update of the feasibility study.
After the recent change in management and improving its governance, CMT has implemented the measures that are necessary to clean his financial situation and cover the identified risks. This approach concentrated in particular on the assessment of certain participation, risks associated with trade relationships, and on legal disputes at the exchange office. In addition, the company confirms the impending exploitation of its new borehole and the progress in the future exploitation of other promising copper and gold deposits, which strengthens the growth street and long-term.
