Oslo, 2 July 2025 - Akobo Minerals AB (Euronext Growth Oslo - AKOBO), the
Scandinavian-based gold exploration and mining company with operations in
Ethiopia, has today published its Official Annual Report for 2024. The report is
now available on the company's website:
Download the Annual Report 2024 (PDF) (https://akobominerals.com/wp
-content/uploads/2025/06/Akobo-Minerals-Annual-Report-2024.pdf)
While we await the results from the second batch of smelting related to June and
May production, readers are invited to review our freshly released Annual
Report. This upcoming smelting will add to the 7.1 kilograms of doré gold
already produced from mid-May, and the 0.9 kilograms from the first half of May.
Currently a total of 8 kilograms.
The 2024 report highlights a pivotal year for Akobo Minerals, marking our
successful transition from exploration to gold production. Key developments
include:
· First commercial gold production and sales from the Segele mine
· Formal mine opening by the Prime Minister of Ethiopia
· Ongoing underground development and infrastructure investment
· Strengthening of the team with key technical and operational hires
· Continued progress in ESG performance and community relations
Akobo Minerals remains focused on scaling up production and looks forward to
sharing further results as smelting and processing continue.
For more information, contact
Jørgen Evjen, CEO, Akobo Minerals
Mob: (+47) 92 80 40 14
Mail: jorgen@akobominerals.com
LinkedIn:
www.linkedin.com/company/akobominerals (https://protect.checkpoint.com/v2/___http
://www.linkedin.com/company/akobominerals___.YzJlOnNjaGpkdGFzOmM6bzoxMGRjOGE2MTZm
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GI4ZmJmZTZjZmUzNGM0OTM4NDRlMjNkMTQ5OTQzZmRmOTpwOlQ6Tg)
Web:
www.akobominerals.com (https://protect.checkpoint.com/v2/___http://www.akobominer
als.com/___.YzJlOnNjaGpkdGFzOmM6bzoxMGRjOGE2MTZmMDIwYTc1M2VhODk0MjA0YzI4NGU2MTo2O
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Q2ZDFmZTA3MDpwOlQ6Tg)
About Akobo Minerals
Akobo Minerals is a Scandinavian-based gold producer, currently holding an
exploration license covering 182 km2 and a mining license covering 16 km2 in the
Gambela region and Dima Woreda, Ethiopia. With over 15 years of active
operations on the ground, the company has established a strong foothold in
Ethiopian mining industry.
Akobo Minerals' Segele mine has an Inferred and Indicated Mineral Resource of
68,000 ounces, yielding a world-class gold grade of 22.7 g/ton The mineralized
zone remains open at depth, supporting future resource estimates and extending
the mine's life. The exploration license holds numerous promising exploration
resource-building prospects in both the vicinity of Segele and in the wider
license area.
Akobo Minerals maintains strong relationships with local communities and
government authorities, placing ESG principles at the core of its operations.
The company's commitment to sound ethics, transparency, and stakeholder
engagement is evident through its industry-leading extended shared value
program.
Akobo Minerals is ready to take on new opportunities and ventures as they arise.
The company is uniquely positioned to become a major player in the future
development of the very promising Ethiopian mining industry.
The company is headquartered in Oslo and is publicly listed on the Euronext
Growth Oslo Exchange and the Frankfurt Stock Exchange under the ticker symbol
AKOBO. For US investors, Akobo Minerals
AB (https://protect.checkpoint.com/v2/___https://www.otcmarkets.com/stock/AKOBF/q
uote?utm_source=Press+Release&utm_medium=Press+Release&utm_campaign=New+OTCQX+Com
pany___.YzJlOnNjaGpkdGFzOmM6bzoxMGRjOGE2MTZmMDIwYTc1M2VhODk0MjA0YzI4NGU2MTo2OjliN
TA6MTZjMmNiOWJlYTU0NWNiMTVlZDY2NzhiOWNkYThiNDUyM2ZlNWRhYjdkYWRiZjIyYWMyODgxM2NlNj
NkNmNiNjpwOlQ6Tg) (OTC: AKOBF) is traded on the OTC Pink Market.
Akobo Minerals places great emphasis on meeting and exceeding industry
standards, fully complying with all aspects of the JORC code, 2012. For detailed
information on their adherence to this code, please refer to
https://www.jorc.org/.