Akobo Minerals announces results for the second quarter of 2023
OSLO, 07 September 2023: Akobo Minerals AB (publ) (ticker: AKOBO), the Scandinavian-based Ethiopian gold exploration and boutique mining company, today reported its second quarter 2023 results. As the company is still in the project development phase prior to production start-up, there was no income during the second quarter of the year. The net loss for the quarter was SEK 31.1 million with a cash position of SEK 25.1 million. IMPORTANT EVENTS Second quarter of 2023 · Construction of the main processing plant began · The small pilot plant was made fully