Company: Compagnie Minière de Touissit
Country: Morocco
Sector: Other Metals/Minerals
CEO: Abdellah Mouttaqi (Directeur Général)
Website: https://www.cmt.ma
Careers Page: Not publicly listed
LinkedIn: Not publicly listed
Email: Not publicly listed
Headquarters: Casablanca, Morocco
Founded: Not publicly listed
Valuation/Revenue: $63.4m revenue; $340.4m market value (African Business Top 250, 2025); consolidated revenue up 18% in 2025 (AllAfrica, February 2026)
Compagnie Minière de Touissit (CMT) is a Moroccan mining company specialising in the exploration, extraction and processing of silver-bearing lead and zinc ore, historically centred on deposits in eastern Morocco and, more recently, the Tighza mine in the Middle Atlas region. It is listed on the Casablanca Stock Exchange and describes itself as a Moroccan leader in silver-bearing lead and zinc concentrate production.
What Does CMT Do?
CMT explores for, mines and processes galena (lead sulphide) and blende/sphalerite (zinc sulphide) ore bodies that also carry significant silver content, producing lead and zinc concentrates for sale to industrial and metals-trading customers. Its operations, which the company describes as spanning “more than 50 years of expertise,” originated in eastern Morocco before expanding to the Middle Atlas region with the Tighza mine, reflecting the depletion and renewal cycle typical of hard-rock base metals mining.
Is CMT Legit?
Yes. CMT is a long-established, publicly listed Moroccan mining company regulated by Morocco’s securities authority (AMMC) and listed on the Casablanca Stock Exchange, with a multi-decade operating track record in the country’s mining sector. Recent reporting indicates consolidated revenue growth of around 18% in 2025, suggesting continued operational momentum.
How Big Is CMT?
According to African Business magazine’s Top 250 companies in Africa list for 2025, CMT generated revenue of approximately $63.4 million and carried a market value of about $340.4 million, ranking 195th among Africa’s largest companies — a relatively high market value-to-revenue ratio typical of mining companies valued partly on reserve life and metals price exposure. Moroccan press reported further consolidated revenue growth of roughly 18% for 2025, published in February 2026.
Who Is the CEO of CMT?
Abdellah Mouttaqi serves as Directeur Général (General Manager/CEO) of Compagnie Minière de Touissit, overseeing the company’s mining operations and its regulatory relationship with the AMMC as a listed issuer.
Is CMT Publicly Traded?
Yes. CMT is listed on the Casablanca Stock Exchange (BVC: CMT) and is one of the exchange’s few pure-play metals and mining stocks, making it a bellwether for Moroccan base-metals mining sentiment.
How Old Is CMT?
While an exact founding date could not be independently confirmed, the company describes over 50 years of operating history in Morocco’s mining sector, suggesting origins in the early-to-mid 1970s or earlier, with operations initially in eastern Morocco before later expansion to the Middle Atlas.
How Does CMT Compare to Its Competitors?
CMT operates in a narrower niche than Morocco’s largest diversified mining group, Managem (part of the Al Mada/ONA holding structure), which mines a broader range of metals including cobalt, gold, copper and silver across multiple African countries. CMT is smaller and more focused, concentrating specifically on lead-zinc-silver production, which has made it a distinct, closely tracked pure-play option for investors seeking exposure to base-metals and silver price movements through the Casablanca Stock Exchange rather than Managem’s more diversified, larger-cap profile.
What Has CMT Been in the News For Recently?
Moroccan financial press reported in February 2026 that CMT’s consolidated revenue grew by around 18% during 2025, a strong result attributed to favourable metals pricing and continued output from its Tighza mine operations in the Middle Atlas, reinforcing the company’s positioning as one of the more consistently performing smaller-cap names on the Casablanca exchange.
How Do I Contact CMT?
CMT publishes investor relations materials, press releases and contact information on its official website, cmt.ma, including dedicated “Communiqués de presse” and “Investisseurs” sections used for shareholder and market communications; the company’s registered head office is in Casablanca, with its mining and processing operations located separately at its eastern Morocco and Middle Atlas mine sites.
Links
Website: https://www.cmt.ma
Careers Page: Not found
LinkedIn: Not found
Email: Not publicly listed
FAQ
Is CMT a real company? Yes, it is a long-established, publicly listed Moroccan lead-zinc-silver mining company.
Who is the CEO of CMT? Abdellah Mouttaqi, Directeur Général.
Where is CMT headquartered? In Casablanca, Morocco, with mining operations in eastern Morocco and the Middle Atlas.
Is CMT publicly traded? Yes, on the Casablanca Stock Exchange under ticker CMT.
How old is CMT? The company cites more than 50 years of operating history, though an exact founding year is not publicly confirmed.
What does CMT mine? Silver-bearing lead and zinc ore, processed into concentrates for industrial sale.