New discoveries in the Anti-Atlas reveal rich deposits of copper and gold

Discoveries in the Anti-Atlas reveal rich deposits of copper and gold

The discoveries of copper and gold in the Anti-Atlas illustrate Morocco's ability to attract international investors and develop a competitive mining sector on a global scale. In this already geologically rich region, new deposits promise to strengthen Morocco's position as a major player in the global mining industry. The British company Aterian, specializing in mineral exploration, has announced very encouraging results from its Azrar project, located about 155 kilometers southeast of Agadir. These findings not only confirm the untapped potential of the region but also highlight the strategic importance of this sector for the Moroccan economy.

The Azrar site benefits from a strategic location with a well-developed road network, facilitating access to the necessary infrastructure for mineral extraction and transportation. These favorable conditions reduce logistical costs and pave the way for rapid and efficient development of the identified deposits. Furthermore, the Anti-Atlas is a region rich in mineral resources, long sought after by international companies for its subsurface filled with precious and industrial metals.

 According to Charles Bray, chairman of Aterian, these discoveries illustrate Morocco's considerable mining potential. "These results only confirm what we already knew: Morocco is a land of opportunities in the exploration of critical metals like copper and gold. These are essential resources to meet the challenges of the global energy transition," he stated.

Copper, often dubbed "the electrification metal," is crucial for electrical infrastructure, electric vehicles, and renewable technologies. Gold's economic value and its strategic role as a safe-haven asset also place it at the center of global economic interests. By capitalizing on these resources, Morocco positions itself within an international dynamic where demand for these metals continues to grow. Indeed, the global energy transition places increased pressure on raw material supply chains. Green technologies, such as solar panels, wind turbines, and batteries, require growing volumes of copper and other strategic metals. By enhancing its production, Morocco could establish itself as an indispensable supplier, attracting foreign investments and consolidating its role in the international market.

 Morocco: An Emerging Mining Power?

 The mining sector already represents an important pillar of the Moroccan economy, significantly contributing to the country's GDP and exports. With some of the world's largest phosphate reserves and diversified mining production, Morocco is well-positioned to expand its influence. The new copper and gold deposits discovered by Aterian could enhance this momentum, boosting not only the country's tax revenues but also its attractiveness as a destination for investors.

 In addition to the Azrar project, Aterian is exploring other sites in Morocco for metals such as silver and zinc. These initiatives are part of a comprehensive strategy aimed at maximizing the geological potential of the country. Authorities are actively supporting investments in this sector through incentive policies, including clear regulatory frameworks and public-private partnerships.

 The benefits of these projects extend far beyond economic aspects. The development of these deposits could generate thousands of direct and indirect jobs, particularly in rural areas like the Anti-Atlas. Moreover, these projects promote skill transfer and technology sharing, thus enhancing local capacities. Improvements in local infrastructure—such as roads and energy facilities—could also benefit other economic sectors, contributing to the overall development of these regions.