Morocco continues to solidify its reputation as a prime destination for major mining players, with the latest move coming from Australia’s Zeus Resources Limited. The company has entered into a five-year strategic agreement with Newmont Venture Limited, a subsidiary of the U.S.-based Newmont Corporation, giving it access to an extensive geological database covering Morocco’s Anti-Atlas and Central Meseta regions.
The partnership builds on scientific research conducted by Newmont in a wide-ranging exploration program and grants Zeus immediate access to high-resolution geological, geochemical, and structural data. This access dramatically shortens exploration timelines and cuts associated costs, offering Zeus a significant head start in identifying viable mining targets.
Zeus is already active in Morocco through an antimony extraction project near Casablanca, where ore grades have reached as high as 46.5%—a remarkably high concentration by global standards. The new deal marks a deepening of the company’s involvement in a country that has rapidly become a strategic focus for mining firms seeking new opportunities and diversification.
The decision to expand into the Anti-Atlas and Central Meseta is no coincidence. These regions are known for their rich deposits of gold, base metals, and critical resources such as antimony—a metal designated as strategically important by the United States, the European Union, Australia, and Japan. Its uses in batteries, electronics, and defense systems have driven global demand, especially as supply chains face increasing pressure.
Morocco’s appeal to the mining sector goes beyond its geological wealth. A stable political environment, an increasingly modern legal framework, expanding infrastructure, and a skilled local workforce make it one of the most attractive emerging markets for resource exploration.
For Zeus, the agreement provides not just access to critical data but also a clearer path to unlocking high-potential zones. It includes a 1% royalty on any future projects developed using Newmont’s data, as well as a 15-year right of first refusal if Zeus ever decides to sell off any of the resulting assets. These terms point to a carefully structured alliance aimed at long-term, sustainable development.
With its eyes set on becoming a key player in the extraction of critical minerals, Zeus is positioning itself for rapid growth in Morocco. Backed by valuable data, strong local prospects, and rising global demand for metals like antimony, the company is betting on Morocco as a cornerstone of its future expansion strategy.
