Gold mining has a long history in Ethiopia. Historical accounts and local traditions associate gold from the region with ancient trade routes, including links to Egypt and the Horn of Africa. Alluvial gold mining has been practiced in various forms for centuries, and parts of the Asosa zone are considered among the oldest reported gold‑mining areas in the country.
Predecessors to Akobo Minerals explored the Akobo area in 1998–1999, including regional soil sampling and identification of gold‑bearing quartz veins. Systematic exploration expanded from 2010 when Akobo Minerals was granted an exploration permit covering the region.
Over the past decade, Akobo Minerals has defined two exploration focus areas: Segele and Joru. Segele is a smaller area with higher gold concentrations, while Joru covers a larger area with lower average grades.
Akobo Minerals AB (publ) is a Sweden‑registered gold exploration and mining company, headquartered in Oslo, and listed on Euronext Growth Oslo under the ticker AKOBO. The Company holds exploration and mining licences in Ethiopia and continues to advance mine development and exploration activities in the Gambela region and Dima Woreda, southwest Ethiopia.
The Company has reported drill results and Mineral Resource estimates in accordance with applicable reporting standards (e.g., JORC 2012) and continues to progress technical studies and exploration programmes.
Akobo Minerals seeks to conduct its activities responsibly and in accordance with applicable laws and regulations, and engages with local communities and relevant authorities as part of its ongoing ESG work.
