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OSEAD was a holding company specialising in the prospecting, exploration and mining of mineral deposits.

At the time of exit, OSEAD had more than 98% of its assets in Africa, where it was active in several countries including a producing asset in Morocco and exploration assets elsewhere. OSEAD’s main asset was CMT, the second largest private mining operator in Morocco, which mined primarily lead and silver with some zinc.

CMT was listed on the Casablanca Stock Exchange in 2008.