First gold mover advantage in Ethiopia

“Our maiden resource estimate done by SRK Consulting indicates 52 000 oz at 20.9 g/t on average, which is fairly astonishing.” Jørgen Evjen, CEO Akobo Minerals Another interesting article about Akobo Minerals in Mining Review Africa. Read the original article here. This is a copy oft the original article from Mining Review January 2022. It […]

Gearing up for gold production start-up with opening of rural airstrip

New major civil engineering project will benefit both the company’s mine infrastructure and the local community OSLO, 2 February 2022: The first ever flight landed at a new airstrip which Akobo Minerals has funded and built in Dima. The Super King Air 350 twin-turboprop aircraft carried representatives from Akobo Minerals and the Ethiopian Civil Aviation […]

A new golden age: inside Ethiopian mining

Mine Magazine just published an excellent feature article concerning gold mining in Ethiopia – along with input from our CEO Jørgen Evjen. Follow this link to read the full article in Mine Magazine We have also added a text version below. A new golden age: inside Ethiopian mining Driven by gold and supported by Canada, […]

More Gold the Deeper We Go

Recent drilling has intersected visible gold at 205 meter. This result indicates that the high-grade gold mineralisation continues 50m further down dip than previously known. In addition to the visible gold previously reported on the extension drilling program at Segele, these latest results underpin the company’s belief that the Segele project can sustain a significant […]

Akobo Minerals feature in Business Enquirer magazine

Enjoy reading the Akobo story in the latest issue of Business Enquirer. People around the world are noticing our activity and, with Business Enquirers reach, we believe this will get the word out even further. “The new license gives us future-proofed flexibility and options and fuels our capability to be a leading player in the […]

2021 – What a Golden Year!

We have concluded yet another transformative year for Akobo Minerals and would like to send special thanks to all our supporters – not least employees, shareholders, advisers, the Ministry of Mines, and more. Moving from an exploration company to mining gold is a dream come true for all of us. The long journey started back in […]

Increasing drilling capacity at low cost.

OSLO, 20 December 2021: Akobo Minerals (Euronext Oslo – “AKOBO”) announces that it has acquired 3 drill rigs from Protek Norr AB. The agreed tender is 400 000 SEK, including following items: Three Diamec 262 core drill rigs – two which are operational and one to be upgraded Three electrically powered hydraulic units Several spare […]

Shortlisted for prestigious ESG award for Ethiopian gold exploration project

Akobo Minerals is delighted to announce it was shortlisted as ESG (Environmental, Social, and Governance) Explorer/Developer Mining Company of the Year at this week’s Mines & Money London, the premier European forum for mining investment and capital raising. Every employee can be proud of the part they have played in helping to build our world […]

Q3 2021 report – Another transformative quarter for the company

THU, NOV 25, 2021 08:42 CET Akobo Minerals AB (publ) (EURONEXT: AKOBO) today reported its third quarter 2021 results. Akobo Minerals is in a project development phase and consequently had no income in the third quarter. The net loss for the period was SEK 5.1 million, and SEK 10,1 million for the first three quarters. […]

A Break Trough Milestone – License to Mining Gold in Ethiopia

As part of our strategy to start mining gold in addition to the successful exploring business, Akobo Minerals paves the way for a resurgent Ethiopian mining industry clearing a major hurdle for investors being granted the right to hold and repatriate foreign currency from offshore accounts. On the 30th of September, Akobo Minerals and the Ministry […]

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