Akobo Minerals lays foundation stone as new mine development gathers pace
Akobo Minerals (Euronext Oslo - “AKOBO”) today announced that it has performed a ceremony to lay the foundation stone for its Segele mine in Ethiopia. This marks the start of the company's next phase towards mining and gold production.(Laying down foundation stone: Jørgen Evjen, Minister of Mines Takele Uma, Gambella President Omod Ojulu, State Minister Alemitu Umod, Member of Parliament Ashinie Astine, General Manager Etno Mining Tesfaye Medhane)
Initial production is expected to commence by the end of 2022, ramping-up into 2023. Once fully operational, the company estimates an