Akobo Minerals begins application process to trade on the US based OTC Markets Platform  

OSLO, 21 August 2023: Akobo Minerals AB (publ) (Euronext and Frankfurt: AKOBO), the Scandinavian-based Ethiopian gold exploration and boutique mining company, today announced that it has decided to apply for trading on the OTC Markets platform in the United States. While Akobo Minerals already has a full listing on two markets in Europe, there are several […]

Akobo Minerals nominated for major ESG award for second successive year

Akobo Minerals has announced that it has been nominated for the 2022 Environment, Sustainability and Governance (ESG) Explorer and Developer of the Year by Mines and Money. The successful company will be announced at the Mines and Money London conference – Europe’s leading mining investment event – taking place 29th November to 1st December. This […]

New in depth interview with our CEO

Saturday may 11, Investornytt released an in depth interview with Jørgen Evjen, our CEO. We believe it is a good reed for our investors and followers. The interview is in Norwegian. Click on the image to read.

New report showing spectacular gold mineralization at Segele

As we have reported the key numbers earlier, our high grade mining project in Segele is moving on as planned. Now the complete 3rd party Gold Deposit Mineral Resource report from SRK Consulting is avaliable for you to read. At the Q1 presentation may 23, our CEO, Jørgen Evjen, informed that the 100th hole at […]

Akobo Minerals sets a new standard for community engagement program

Extending shared values through transparency, communication and engagement are the watchwords for Akobo in building strong local ties, as practiced in our recent successful multi-stakeholder meeting in Dimma Town, Ethiopia, with federal and local government to artisanal miners, NGOs and Annuak Elders. I am proud that Akobo Minerals is living up to its conviction to […]

A fundamental milestone on the way to gold production

We have reached an agreement with the South African company Solo Resources (Pty) Ltd for delivery of a processing plant for production of gold at the Segele Mine. An important milestone for our mining operation and targeted cash flow. With this agreement, I am confident that we will be produce gold from the Segele mine […]

New gold mineralisation zone at Segele with visible gold intersection

Our ongoing exploration activities unveil new encouraging findings as we drill tested two new targets around Segele within 500m distance. Our exploration team has discovered a new gold mineralisation zone including a visible gold intersection. Moving on, we are preparing for a soil geochemical sampling program between Segele and Joru, and for a ground geophysical […]

We have appointed Sparebank1 Markets AS as financial adviser for our planned mining operations

Today we have appointed SpareBank 1 Markets AS (SB1) to advise on project financing for our upcoming gold mining operation for the Segele deposit. As financial adviser, SB1 will work closely with the Company to explore relevant funding opportunities such as equity, bank debt and offtake agreements, along with other strategic options that are available […]

Renewed exploration and mining license securing our long term gold operation.

Today we renewed our existing exploration license of 182 km2 in the Akobo region. This will secure a strong long-term position for both mining and exploration activities for the company.  The renewal is a result of many years of positive relationships with the Ministry of Mines, and the continued efforts to develop and progress our […]

A Golden Partnership with Oromia Bank

We have signed a memorandum of understanding (MOU) with the Ethiopian commercial bank, Oromia Bank. A cooperation aimed to develop domestic services related to financing new exploration and mining projects with international standards. Together, these services can support the advancement of Ethiopia’s domestic mining industry. With this collaboration, we aim to become the leading industry […]

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