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Akobo Minerals AB ( (DE:643) ) has shared an announcement.
Akobo Minerals AB has announced an operational update for its Segele mine in Ethiopia, highlighting increased production momentum and the commissioning of a new chemical-free gravity processing setup. This development is expected to enhance gold purity and recovery while reducing environmental impact and deferring the need for a new tailings storage facility. The company anticipates producing 10 kg of gold for May and June, covering operating costs and positioning itself for future growth 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 operational for over 15 years. Akobo Minerals is known for its high-grade gold resources and commitment to ESG principles, transparency, and stakeholder engagement. It is publicly listed on the Euronext Growth Oslo Exchange and the Frankfurt Stock Exchange.
Average Trading Volume: 246,392
Current Market Cap: NOK172.3M
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