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Akobo Minerals AB ( (DE:643) ) has issued an update.
Akobo Minerals AB has successfully completed its first smelting operation with a new gravity setup at the Segele mine, producing 7.1 kilograms of doré with an improved purity level of 83%. The upgraded gravity recovery system, enhanced by Sutton Global, is now fully operational, supporting consistent production and optimization of operations. This development positions Akobo Minerals for continued growth and strengthens its standing in the Ethiopian mining sector.
More about Akobo Minerals AB
Akobo Minerals AB is a Scandinavian-based gold producer with a strong presence in the Ethiopian mining industry. The company holds exploration and mining licenses in the Gambela region and Dima Woreda, Ethiopia, and has been active for over 15 years. Akobo Minerals’ Segele mine is notable for its high-grade gold resources, and the company is committed to ESG principles and stakeholder engagement.
Average Trading Volume: 304,153
Current Market Cap: NOK244.6M
See more data about 643 stock on TipRanks’ Stock Analysis page.