Welcome to our dedicated page for Akobo Minerals news (Ticker: AKOBF), a resource for investors and traders seeking the latest updates and insights on Akobo Minerals stock.
Akobo Minerals AB (OTCQX: AKOBF) is a Scandinavian-based gold exploration and boutique mining company positioned prominently in the Ethiopian mining sector. The company's exploration license covers 182 km2 and its mining license spans 16 km2 in the Gambela region and Dima Woreda, Ethiopia. With over 13 years of on-the-ground activity, Akobo Minerals has established itself as a leading gold exploration entity in the region.
The company's flagship project, the Segele mine, boasts an Inferred and Indicated Mineral Resource of 68,000 ounces, featuring a world-class gold grade of 22.7 g/ton. The gold mineralized zone is still open to depth, indicating potential for further resource expansion, which will positively impact future resource estimates and extend the mine's life expectancy. Akobo Minerals' exploration license includes numerous promising prospects for building exploration resources both near the Segele mine and within the wider license area.
One of Akobo Minerals' standout qualities is its exceptional relationship with local communities and national authorities. The company prioritizes environmental and social governance (ESG), as evidenced by its planned industry-leading extended shared value program. Akobo Minerals adheres to the principles of sound ethics, transparency, and effective communication, establishing a strong local foothold.
Headquartered in Oslo, Akobo Minerals is publicly listed on the Euronext Growth Oslo Exchange and the Frankfurt Stock Exchange under the ticker symbol AKOBO. For U.S. investors, the company is traded on the OTCQX Best Market under the symbol AKOBF, meeting high financial standards and adhering to best practice corporate governance and U.S. securities laws. Investors can access current financial disclosures and Real-Time Level 2 quotes on www.otcmarkets.com.
Akobo Minerals is committed to complying with all aspects of the JORC code, 2012, underscoring its dedication to ethical practices, community engagement, and environmental responsibility. This commitment solidifies the company's position as a significant player in the evolving Ethiopian mining sector and its readiness to explore new opportunities and ventures.
Visit www.akobominerals.com for more information about Akobo Minerals and their ongoing projects.