{"id":471074,"date":"2021-05-07T10:58:37","date_gmt":"2021-05-07T10:58:37","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=471074"},"modified":"2021-05-07T11:00:08","modified_gmt":"2021-05-07T11:00:08","slug":"mauritania-snim-doubles-its-profit-in-2020","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2021\/05\/07\/mauritania-snim-doubles-its-profit-in-2020\/","title":{"rendered":"Mauritania: SNIM doubles its profit in 2020"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The flagship of the Mauritanian economy, the Industrial Mining Company (SNIM) made a profit of 579 million USD in 2020, against 288 million USD in 2019. This is what emerges from a note published a few days ago by the company .<\/p>\n<p>For its part, turnover stood at 1.2 billion USD, up 39% from 2019 (880 million USD). This improvement will have enabled SNIM to improve its contribution to the Mauritanian economy. In 2020, 10% of the Mauritanian state\u2019s budget revenue comes from the sale of iron ore from the company, which alone provided 43% of the country\u2019s exports.<\/p>\n<p>Created in 1974, SNIM is 78.35% state-controlled, and specializes in operating iron mines in the Zouerate region.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The flagship of the Mauritanian economy, the Industrial Mining Company (SNIM) made a profit of 579 million USD in 2020, against 288 million USD in 2019. This is what emerges from a note published a few days ago by the company . For its part, turnover stood at 1.2 billion USD, up 39% from 2019<\/p>\n","protected":false},"author":536282,"featured_media":471075,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12032,12036],"tags":[16631,12289,18166,18164,520,18165],"class_list":{"0":"post-471074","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-commodities-en","8":"category-sectors","9":"tag-16631","10":"tag-mauritania-en","11":"tag-mauritanian-economy","12":"tag-profit","13":"tag-snim","14":"tag-the-flagship","15":"post_format-post-format-aside","16":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Mauritania: SNIM doubles its profit in 2020 - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2021\/05\/07\/mauritania-snim-doubles-its-profit-in-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mauritania: SNIM doubles its profit in 2020\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2021\/05\/07\/mauritania-snim-doubles-its-profit-in-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-07T10:58:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-07T11:00:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2021\/05\/SNIM-RIM-200x1603-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"200\" \/>\n\t<meta property=\"og:image:height\" content=\"160\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Albert Savana\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Albert Savana\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/05\\\/07\\\/mauritania-snim-doubles-its-profit-in-2020\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/05\\\/07\\\/mauritania-snim-doubles-its-profit-in-2020\\\/\"},\"author\":{\"name\":\"Albert Savana\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/12e2e10e56f65df0540cb842b7b0ce22\"},\"headline\":\"Mauritania: SNIM doubles its profit in 2020\",\"datePublished\":\"2021-05-07T10:58:37+00:00\",\"dateModified\":\"2021-05-07T11:00:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/05\\\/07\\\/mauritania-snim-doubles-its-profit-in-2020\\\/\"},\"wordCount\":110,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/05\\\/07\\\/mauritania-snim-doubles-its-profit-in-2020\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/SNIM-RIM-200x1603-1.jpg\",\"keywords\":[\"2020\",\"Mauritania\",\"Mauritanian economy\",\"profit\",\"SNIM\",\"The flagship\"],\"articleSection\":[\"Commodities\",\"Sectors\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/05\\\/07\\\/mauritania-snim-doubles-its-profit-in-2020\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/05\\\/07\\\/mauritania-snim-doubles-its-profit-in-2020\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/05\\\/07\\\/mauritania-snim-doubles-its-profit-in-2020\\\/\",\"name\":\"Mauritania: SNIM doubles its profit in 2020 - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/05\\\/07\\\/mauritania-snim-doubles-its-profit-in-2020\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/05\\\/07\\\/mauritania-snim-doubles-its-profit-in-2020\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/SNIM-RIM-200x1603-1.jpg\",\"datePublished\":\"2021-05-07T10:58:37+00:00\",\"dateModified\":\"2021-05-07T11:00:08+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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