Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Akobo Minerals AB ( (DE:643) ) has issued an update.
Akobo Minerals reported its strongest quarter to date in Q4 2025, with December gold production of about 8kg contributing to approximately 21.5kg of doré output for the quarter and 73kg cumulatively, supported by stable underground operations at the Segele mine and robust gold prices. The company has decided to accelerate and complete the Segele vertical shaft to its full depth of around 120 metres in a single phase, a move backed by key partners and shareholders that is intended to enhance long-term mine flexibility, enable earlier access to deeper ore and potential resource expansion, and secure a more efficient production ramp-up from late 2026, while positioning the shaft as a reference model for small-scale underground developments in Ethiopia and supporting ongoing dialogue on training and knowledge transfer with the country’s mining authorities.
More about Akobo Minerals AB
Akobo Minerals AB is a Scandinavian-based gold producer and explorer focused on Ethiopia’s Gambela region and Dima Woreda, where it holds both exploration and mining licenses. The company operates the high-grade Segele gold mine, which hosts an Inferred and Indicated Mineral Resource of 69,000 ounces at 22.7 g/ton and remains open at depth, underpinning potential future resource growth. With more than 15 years on the ground, Akobo has built strong relations with local communities and authorities, emphasizes ESG and shared-value programs, and is listed on Euronext Growth Oslo, the Frankfurt Stock Exchange, and traded OTC in the US.
Average Trading Volume: 442,806
Current Market Cap: NOK491.2M
Learn more about 643 stock on TipRanks’ Stock Analysis page.