Moroccan Mining Boom: Managem, SMI, and CMT Surge on Metal Price Rally

The Casablanca Stock Exchange has witnessed an extraordinary performance from its mining giants in the first half of 2026, driven by a powerful rally in precious and base metal prices. Managem, SMI, and CMT have all reported spectacular profit growth, with Managem leading the pack by posting net profits exceeding the entirety of 2025's figures. While operational challenges at some sites persist, the soaring valuations of gold, silver, and copper have acted as a powerful catalyst, reshaping the investment landscape for Moroccan miners.

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