Reuters Middle East
by Aziz El Yaakoubi
Morocco’s biggest mining company Managem posted a 7 percent drop in first-half net profit to 140 million Moroccan dirham ($14.5 million) on lower global commodities prices, the company said on Monday.
Managem said in a statement it was hit by a 17 percent drop in silver prices, a 14 percent fall in copper prices and a 7 percent drop in gold during the first six months of 2015.
($1 = 9.6260 Moroccan dirham)
(Reporting by Aziz El Yaakoubi; editing by David Clarke)
