Akobo Gold District

The Akobo Gold District is an extensive placer gold region located in southwest Ethiopia and is characterised by a belt of Precambrian to Neoproterozoic metamorphic rocks. These rocks form the southernmost part of the Western Ethiopian Shield, a southern extension of the Arabian–Nubian Shield, which is well known for hosting numerous gold deposits across the region.

The geology of the Akobo area is dominated by both large and small bodies of ultramafic rocks. Similar geological settings occur along the same belt further north, including at Yubdo, Tulu Kapi, Tulu Dimtu, Baruda and Asosa. Gold mineralisation in western Ethiopia is broadly associated with areas of higher concentrations of ultramafic bodies, and gold has historically been produced from placer deposits across these regions.

The Akobo Basin, where Akobo Minerals’ licences are located, lies in a remote part of far southwest Ethiopia. While western Ethiopia has long been recognised for placer gold occurrences, systematic exploration of the southernmost part of the belt has been limited until recent decades. Historic artisanal mining activities, together with anomalous gold concentrations identified in rock, soil and stream‑sediment samples, indicate the presence of potentially significant primary gold mineralisation within the district.

The Akobo area is a lowland region characterised by gently undulating, tree‑covered savannah terrain. The climate is semi‑arid, with a defined rainy season typically between June and November, followed by hot and dry periods. Akobo Minerals’ operations are located approximately 700 kilometres by road from Addis Ababa, with all but the final section of access served by paved roads.