Addis Standard
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An independent Ethiopia based online media focusing on current affairs. Original content+daily gist of media monitoring
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Business: Major landmark for Akobo Minerals as it begins excavation on #Segele Gold Mine

Akobo Minerals, the Scandinavian-based #Ethiopian gold exploration and boutique mining company, today announced that it has broken ground at its Segele gold mine, marking an “important milestone on the path to gold production in early 2023.”

“When excavation began today to remove the overburden at our mining site in south-west Ethiopia, it was the culmination of over a decade of tireless work for the company,” Jørgen Evjen, CEO of Akobo Minerals, said in a statement sent to #AddisStandard.

https://addisstandard.com/business-akobo-minerals-marks-landmark-moment-as-it-begins-excavation-on-segele-gold-mine/
#Ethiopia: Akobo Minerals hits gold ore body at #Segele mine in #Gambella, set to start pilot production

#Akobo_Minerals has announced a major milestone in its history with the discovery of a gold ore body at the Segele mine in Gambella region after 13 years of exploration.

The Scandinavian-based Ethiopian gold exploration and boutique mining company revealed that the mine has one of the world's highest concentrations of gold resources, with an average grade of 22.7 grams of gold per ton of ore.

The company is set to begin production from the pilot plant and commission the main plant soon. CEO Jørgen Evjen described the discovery as a significant moment for the organization and its supporters. In March, the company also intersected visible gold at 282 meters vertical depth. This achievement marks Akobo Minerals as one of the few mining companies to successfully transition from exploration to mining.

https://addisstandard.com/news-akobo-minerals-hits-gold-ore-body-at-segele-mine-in-gambella-set-to-start-pilot-production/