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The Economic Times
The Economic Times
Trending Desk

Why Africa's richest king is betting big on gold 47 years after 'Gold River' victory

Gold Africa Mohammed VI Mining Morocco

Morocco's King Mohammed VI is making a major push into Africa's gold industry as his family-owned investment group backs a $750 million expansion of gold mining operations. The move comes as Morocco marks 47 years since the event referred to as the “Gold River” victory, while rising gold prices are making African mining projects increasingly attractive, a Business Insider Africa report stated.

From 'Gold River' victory to Africa's gold rush

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