Akobo Minerals AB, a Scandinavian-based Ethiopian gold exploration and mining company, has announced a total production of 2833 g of gold in October. This achievement marks a significant milestone in ramp-up and commissioning activities, underscoring the company’s operational capabilities.
This month’s production includes a second gold bar, weighing approximately 1.5 kg with an estimated grade of 15 g/t, highlighting the potential of Akobo’s Segele operations in Ethiopia as it transitions to regular production.
Moving into November, the company anticipates increased throughput, drawing it closer to covering operational costs. Akobo’s Head of Mining Operations, Helge Rushfeldt, has been on-site to guide efforts, reporting a highly focused and efficient team. With a robust optimisation strategy in place, the team is committed to maximising both tonnage and production.
Additionally, the company has strengthened its team by bringing specialists in mining operations and supply chain and support services on board. Akobo believes that this will translate into higher efficiencies supporting production goals. In this matter the company is supported by Sutton Global, an internationally recognised mining and processing services provider.
