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Mauritania’s MCM Seeks New License to Extend Copper Mine Life

Mining company Mauritania Copper Mines (MCM) is seeking new exploration and exploitation licenses in coordination with Mauritania’s government authorities. In parallel, MCM is carrying out an investment program to extend the life of the mine and increase production capacity. These investments have supported the development and diversification of its products, enabling the mine’s operational life to be extended until 2029. The current exploitation permit remains valid until 2026.
MCM operates the Akjoujt copper-gold mine in central Mauritania and l holds two additional exploration concessions covering some 1,628 km² in the same region. MCM has invested in projects aimed at diversifying products and prolonging mine life until at least 2029. Additional licenses under consideration would allow it to secure future reserves and reinforce the long-term sustainability of its operations.
Copper production plays a growing role in Mauritania’s mining industry, with an annual production of around 120,000 tons of copper concentrate. Geological surveys indicate promising reserves across regions such as Inchiri and Adrar, supporting government plans to expand the mining sector beyond gold and iron ore.
Mauritania’s Ministry of Petroleum, Mines, and Energy</a> has encouraged private operators to pursue new investments, highlighting copper as a priority mineral for the country’s diversification strategy. Several foreign firms are currently conducting exploration projects alongside MCM, positioning copper as a key component of Mauritania’s future mineral exports.