Akobo Minerals has successfully raised 20mSEK securing funding for current work program

Akobo Minerals has successfully raised 20mSEK in new equity from both existing and new shareholders. The share issue was significantly oversubscribed and upsized from the initial target of raising 10mSEK.   “We are grateful for the continued support from existing shareholders, and welcome new shareholders on board. We look forward to an exciting 2021 that will establish our highly anticipated first maiden resource estimate.”, says Jørgen Evjen, CEO of Akobo Minerals.  The newly raised capital will be used to fund the current […]

Akobo Minerals names dr. Matt Jackson as Chief Operating Officer

Akobo Minerals today announced that Dr. Matt Jackson will join the company as Chief Operating Officer on the 1st of December. Matt was most recently a Director for Mining and Exploration with BluestoneGeo, where he worked on discovery and review of investment opportunities and liaison with partners in Europe and Asia. Matt was also responsible […]

New investment guide to Ethiopian mining

The Ethiopian Ministry of Mining and Petroleum has released a very informative investment guide for those interested in learning more. The guide is designed to provide a clear picture of Ethiopia’s mineral resources, their geology, and the nature of the opportunity for each commodity. It sets out clearly the legal and regulatory framework for Ethiopian […]

Akobo Minerals featured in GEO365.no

GEO365.no has written an interesting and informative article about Akobo Minerals (in Norwegian).

Akobo Minerals resumes core drilling in Segele to follow up recent high-grade results

Akobo Minerals, a Norway-based gold exploration company with operations inEthiopia, has resumed drilling after 3 months of stop in activity due to the COVID-19 situation. Our crew has again been mobilized for the resumption of drilling in Segele, and the first hole has alreadybeen drilled. Visible gold is occurring through 3.5m in the core, continuing […]

Competent persons report for the Akobo Gold projects

Akobo Minerals have today published a Competent Persons Report (CPR) for the Akobo Gold Projects. The CPR has been compiled by Dr Matt Jackson BSc Ph.D FAusIMM(CP) who is a Competent Person registered with FAusIMM in Australia. Dr Jackson is employed by the independent consultancy group BluestoneGEO.  The report can be found here. 

Assay results from Joru

Akobo Minerals have the pleasure to anounce assay results from trenching at the Joru gold prospect.Please refer to our press release (in Swedish)

Akobo Minerals engages advisers for a public listing

Akobo Minerals (the “Company”), a Norway-based gold exploration company with operations in Ethiopia, has commenced preparations for an initial public listing of the Company on Merkur Market, a multilateral trading facility (MTF) part of the Euronext owned Oslo Stock Exchange in Norway. After ten years of extensive field work, and lately with a highly successful […]

Stunning gold intersections at Segele

The ongoing drill program at the Segele gold deposit has intersected spectacular gold mineralisation in the third drill hole of the current campaign. The first intersection is at 44m hole depth and over a metre-wide interval several lenses/veins with coarse grained gold has been observed. A second zone was noted further down in the hole […]

Extremely high gold content in Segele

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