According to Al-Sharq Al-Awsat newspaper (December 26, 2005), the Morocco mining company, Managem, announced selling 40% of its stakes in the Canadian gold mining company, Semafo, to Georesources Exploration Company Ltd. Managem, ONA's mining subsidiary which is listed on the Casablanca Stock Exchange, continues to hold 10% stakes in Semafo. Morocco's largest privately owned mining group, Managem, has been active in that country's mining sector since 1928, and from its base in ...