Rachidia-Nador route for $10.9B mineral exports
Canadian company Aya Gold & Silver has released a recent economic study on the "Boumden" mining project in the Rissani region. The project requires an initial investment of approximately $463 million. It is expected to generate total revenues of around $11 billion over the 14-year lifespan of the mine. The goal is to process about 8,000 tons of mineral materials daily, producing approximately 3.9 million ounces of gold and silver, along with zinc and lead metals. The project involves constructing infrastructure such as an electric power line and a substation, with an estimated cost of $18 million, and the construction is planned to take two years. Exporting the minerals will rely on land transportation over 640 kilometers to the Nador port. The project forecasts an internal rate of return (IRR) of up to 93%, with a net present value (NPV) estimated at $3.537 billion.
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