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An announcement from Akobo Minerals AB ( (DE:643) ) is now available.
Akobo Minerals AB has reported a significant operational update for July 2025, showcasing a world-class average gold grade of 45 g/t and a contribution of approximately USD 750,000 from 8 kilograms of gold. The company remains cash flow positive and anticipates further improvements in mining efficiency as the rainy season ends. Additionally, Ethiopian Investment Holdings has made a USD 3 million investment in Akobo, marking its first international investment and underscoring confidence in the company’s growth potential.
More about Akobo Minerals AB
Akobo Minerals is a Scandinavian-based gold producer operating in Ethiopia, 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 is known for its high-grade gold production. Akobo Minerals emphasizes ESG principles and maintains strong relationships with local communities and government authorities. It is publicly listed on the Euronext Growth Oslo Exchange and the Frankfurt Stock Exchange.
Average Trading Volume: 275,628
Current Market Cap: NOK370.6M
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