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  • Jørgen Evjen

    CEO


    +4792804014

    • Quotes

    I am proud that Akobo Minerals is living up to its conviction to place the interests of the local community at its heart and to do things right
    Cathryn MacCallum, head of ESG at Akobo Minerals
    We have consistently delivered on all the important milestones of recent years, but this is the most important so far. With this agreement, I am confident that we will be produce gold from the Segele mine for many years to come, and that with a solid cash flow
    Jørgen Evjen, CEO Akobo Minerals
    We are pleased to have been recognized and appointed as the partners for Akobo Minerals. The relationship with Akobo Minerals to date has been professional and cooperative, and we are confident the management of Akobo will deliver for their shareholders. We look forward to a mutually beneficial project.
    Craig Naude, CEO of Solo Resource Pty
    We are thrilled about the latest resource estimate update, and look very much forward to start the production.
    Jørgen Evjen, CEO Akobo Minerals AB
    This is a major next step in the development of our mining operation towards pouring of first gold by the end of the year.
    Jørgen Evjen, CEO at Akobo Minerals AB
    We are proud to have met all of our scheduled strategic milestones since the company went public on the Euronext Growth Oslo in June 2021, the latest of which was the laying of the foundation stone for our mine in early March 2022.
    Jørgen Evjen, CEO at Akobo Minerals AB
    We have created relationships, but also partnerships. We believe in a local and national presence.
    Jørgen Evjen, CEO Akobo Minerals
    These latest results represent a remarkable success for us
    Jørgen Evjen, CEO Akobo Minerals
    Advanced structural techniques hits gold mineralization depths never before seen in Southwestern Ethiopia.
    Dr Matt Jackson BSc PhD MAusIMM, COO Akobo Minerals
    All preparations for safe and sound mining operations are underway and we are all very eager to move the project forward.
    Jørgen Evjen, CEO Akobo Minerals AB
    The metallurgical test work looked very good with a gold recovery grade expected to be around 97.2%
    Jørgen Evjen, CEO Akobo Minerals AB
    The engineering design within our scoping study showed that the Segele mine should be a high margins operation with an all-in production cost of $243 per ounce.
    Jørgen Evjen, CEO at Akobo Minerals
    Our maiden resource estimate done by SRK Consulting indicates 52 000 oz at 20.9 g/t on average, which is fairly astonishing.
    Jørgen Evjen, CEO Akobo Minerals
    The airstrip is a significant part of our ESG program as it will mean access for the local community to important services that the region has never seen before.
    Jørgen Evjen
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    Akobo Minerals reports Q4 gold production and unveils accelerated mine development plan

    Oslo, Norway – 14.01.25 – Akobo Minerals AB (publ) (“Akobo” or the “Company”) (Euronext Growth Oslo: AKOBO), a Scandinavian-based Ethiopian gold exploration and mining company, today provides an operational update for December and the fourth quarter of 2024, while introducing a new mine development plan designed to accelerate production. Q4 2024 highlights · Robust gold production: Approximately 15 kg of gold produced during Q4 2024, marking a significant milestone as full-scale operations commenced. This production was primarily achieved from the mine’s development activities

    Akobo Minerals announces third quarter results 2024

    OSLO, 10 December 2024: Akobo Minerals AB (publ), (Euronext and Frankfurt: AKOBO, OTCQX: AKOBF), the Scandinavian-based Ethiopian gold exploration and mining company, today reported its third quarter results 2024. As the company is still in the project development phase prior to production start-up, there was no income during the third quarter of the year. The net loss for the period was SEK 48.4 million with a cash position of SEK 6.5 million.   LATEST KEY EVENTS · Record-high gold prices, improving the value of the Segele resource and revenue potential · Strengthened the

    Invitation to presentation of Akobo Minerals’ third quarter 2024 results Tuesday 10.12.2024 at 10:00 CET

    Akobo Minerals AB (publ) will release its third quarter results on Tuesday 10.12.2024. The report and presentation will be available from 08:30 CET that morning on the company’s homepage https://akobominerals.com and at https://newsweb.oslobors.no   The results will be presented in a webcast with CEO, Jørgen Evjen and Head of Mining Operations, Helge Rushfeldt at 10:00 CET. The presentation and subsequent Q&A session will be held in English and may be viewed live at: Akobo Minerals Webcast Q3 2024    If you

    Akobo Minerals reports final November gold production of 10 kg

    OSLO, 5 December 2024: Akobo Minerals AB (publ) (Euronext and Frankfurt: AKOBO), a Scandinavian-based Ethiopian gold exploration and mining company, is pleased to announce final gold production of 10 kg for November 2024, surpassing the earlier estimate of 8 kg. This follows the completion of all smelting operations for the month. Combined with October's production of 2.8 kg, the total for the past two months is 12.8 kg.     Updated production highlights · November production: 10 kg of gold smelted · October production: 2.8 kg of gold smelted   · First gold bar sale:

    Akobo Minerals reports November gold production of 8 kg, covering costs

    OSLO, 3 December 2024: Akobo Minerals AB (publ) (Euronext and Frankfurt: AKOBO), a Scandinavian-based Ethiopian gold exploration and mining company, is pleased to announce an estimated total production of 8 kg of gold in November. This includes 6.5 kg of gold already smelted and approximately 1.5 kg of additional gold processed but not yet smelted. Combined with October’s production, the estimated total for the past two months reaches close to 11 kg.   November month marks a significant milestone as the company has successfully covered its operational expenses for the first time.

    Akobo Minerals and Ethiopian Prime Minister Abiy Ahmed inaugurate the Segele Mine

    OSLO, 20 November 2024 — Akobo Minerals AB (publ) (Euronext and Frankfurt: AKOBO) a Scandinavian-based Ethiopian gold exploration and mining company, in collaboration with the Ethiopian government, proudly announces the official inauguration of the Segele mine by His Excellency Prime Minister Abiy Ahmed. Adding to the excitement of the day was the gold pour, a symbolic act overseen by Prime Minister Abiy. The gold pour yielded an impressive 6.5 kilograms, a shining example of the mine's high-grade ore and production capabilities.     The inauguration ceremony brought

    Akobo Minerals announces minor adjustment to convertible loan amount

    OSLO, 13 November 2024: With reference to the press release issued on 05 November 2024 regarding the issuance of a NOK 25.3 million unsecured convertible loan, Akobo Minerals AB (publ) (Euronext and Frankfurt: AKOBO) (the "Company") announces a minor adjustment to the total loan amount where an additional NOK 200,000 has been added to the loan. As a result, the total convertible loan now stands at NOK 25.5 million. The terms and conditions of the loan, including interest rate, conversion options, and maturity, remain unchanged as previously communicated. For further information, please

    Akobo Minerals secures NOK 25.3 million in new funding through a convertible loan

    OSLO, 05 November 2024: Akobo Minerals AB (publ) (Euronext and Frankfurt: AKOBO) (the "Company"), a Scandinavian-based Ethiopian gold exploration and mining company, today announced that it has issued an unsecured convertible loan (the "Loan") of NOK 25.3 million with existing and new investors as lenders and the Company as borrower. The board of directors and management of Akobo Minerals contributed with NOK 3.6 million of the funds.     The Loan has a term of 24 months with an interest rate of 20% p.a. The Loan may be converted into shares of the Company at the discretion of each

    Akobo Minerals reports nearly 3 kg of gold produced in October

    OSLO, 28 October 2024: Akobo Minerals AB (publ) (Euronext and Frankfurt: AKOBO), a Scandinavian-based Ethiopian gold exploration and mining company, is pleased to announce a total production of 2,833 grams of gold in October. This achievement marks a significant milestone in ramp-up and commissioning activities, underscoring our operational capabilities. [Et bilde som inneholder klokke, Måleinstrument, vekt Automatisk generert beskrivelse] Second gold bar produced from the Segele mine This month’s production includes our second gold bar, weighing approximately 1.5 kg with an

    Akobo Minerals initiates process to raise up to NOK 30 million in a convertible loan

    OSLO, 21 October 2024: Akobo Minerals AB (publ) (Euronext and Frankfurt: AKOBO), a Scandinavian-based Ethiopian gold exploration and mining company, has initiated a process to secure a convertible loan of up to NOK 30 million. The loan already has strong interest from major shareholders, underscoring the continued support for Akobo Minerals. The company has now entered a new phase, actively producing gold. The first gold bar has already been produced, and the company is well positioned to increase daily production as it approaches some of the richest sections of the Segele deposit, which

    Akobo Minerals announces first gold bar produced from the Segele mine

    OSLO, 08 October 2024: Akobo Minerals AB  (Euronext and Frankfurt: AKOBO) (OTCQX:AKOBF).  Akobo Minerals, a Scandinavian-based gold exploration and mining company with operations in Ethiopia, is pleased to announce the successful production of the first gold bar from its Segele Mine. This significant milestone marks the beginning of gold production as the company moves forward with its operational plans.     First Segele gold bar   The

    Akobo Minerals announces half year results 2024

    OSLO, 27 September 2024: Akobo Minerals AB (publ), (Euronext and Frankfurt: AKOBO, OTCQX: AKOBF), the Scandinavian-based Ethiopian gold exploration and mining company, today reported its half year results 2024. As the company was still in the project development phase prior to production start-up, there was no income during the first half of the year. The net loss for the period was SEK 80.3 million with an end of period cash balance of SEK 19.4 million.    KEY EVENTS · Successfully commissioned the processing plant at Segele · Produced the first gold from the Segele ore body

    Invitation to presentation of Akobo Minerals’ second quarter 2024 results Friday 27.09.2024 at 10:00 CET

    Akobo Minerals AB (publ) will release its second quarter results on Friday 27.09.2024. The report and presentation will be available from 08:30 CET that morning on the company’s homepage https://akobominerals.com and at https://newsweb.oslobors.no   The results will be presented in a webcast with CEO, Jørgen Evjen, COO, Matt Jackson, and Head of Mining Operations, Helge Rushfeldt at 10:00 CET. The presentation and subsequent Q&A session will be held in English and may be viewed live at: Akobo Minerals Webcast Q2 2024 

    Akobo Minerals reports good progress in the Segele mine development

    OSLO, 19 September 2024: Akobo Minerals AB  (Euronext and Frankfurt: AKOBO) (OTCQX:AKOBF). Akobo Minerals, a prominent gold exploration and mining company based in Scandinavia with operations in Ethiopia, is pleased to announce significant progress in the development of the Segele mine. The completion of the crosscut between the Western and Eastern tunnels marks a major milestone, paving the way for the commencement of first stoping activities into the richest

    Akobo Minerals provides operational update from the Segele mine

    OSLO, 02 September 2024: Akobo Minerals AB  (Euronext and Frankfurt: AKOBO) (OTCQX:AKOBF). Akobo Minerals, a prominent gold exploration and mining company based in Scandinavia with operations in Ethiopia, is pleased to provide an operational update from its Segele mining activities, reporting that the company has reached several critical milestones.   Daily ore production has commenced at the Segele mine. Since intersecting the ore body in the second tunnel

    Akobo Minerals achieves milestone in Eastern Winze underground operations

    OSLO, 15 August 2024: Akobo Minerals AB  (Euronext and Frankfurt: AKOBO) (OTCQX:AKOBF). Akobo Minerals, a prominent gold exploration and mining company based in Scandinavia with operations in Ethiopia, is pleased to announce a significant development in its underground operations at the Segele mine in Ethiopia. The company has successfully intersected the ore body in the prospect drive just off the Eastern Winze, marking an important milestone in its strategic

    Akobo Minerals successfully processes first low-grade ore through Segele processing plant

    OSLO, 02 August 2024: Akobo Minerals AB  (Euronext and Frankfurt: AKOBO) (OTCQX:AKOBF). Akobo Minerals, a leading gold exploration and mining company based in Scandinavia with operations in Ethiopia, is pleased to announce the successful processing of the first low-grade ore through the Segele processing plant, resulting in the production of the initial gold concentrate. This achievement marks the final phase of commissioning for the processing plant,

    Akobo Minerals reports successful commissioning of Segele gold processing plant

    OSLO, 23 July 2024: Akobo Minerals AB  (Euronext and Frankfurt: AKOBO) (OTCQX:AKOBF). Akobo Minerals, a leading gold exploration and mining company based in Scandinavia with operations in Ethiopia, is pleased to announce that the Segele processing plant is now operational. This milestone represents a significant advancement for the company’s operations in Ethiopia. [Et bilde som inneholder himmel, utendørs, vann, svømmebasseng Automatisk generert beskrivelse]

    Akobo Minerals announces completion of processing plant and commencement of commissioning

    OSLO, 27 June 2024, Akobo Minerals AB (publ), (Euronext and Frankfurt: AKOBO, OTCQX: AKOBF), the Scandinavian-based Ethiopian gold exploration and mining company, today provided an operational update marking the successful completion of its processing plant construction and the commencement of commissioning activities.   OPERATIONAL HIGHLIGHTS · Completion of Tailings Storage Facility (TSF), diesel infrastructure, electrical work, and piping · Phased commissioning initiated at site in collaboration with Universal Power Africa and Solo Resources · Successful synchronisation,

    Bulletin from the annual general meeting 2024 in Akobo Minerals AB (publ)

    Today, on 25 June 2024, the annual general meeting in Akobo Minerals AB (publ) ("Akobo Minerals" or the "Company") was held in Gothenburg. Below is a summary of the most important resolutions from the annual general meeting of the Company. Resolution on adoption of accounts and allocation of the Company's resultsThe annual general resolved to adopt the income statement and balance sheet, and the consolidated income statement and consolidated balance sheet. The annual general meeting further resolved to allocate the Company's result in accordance with the proposal from the board of

    Invitation to operational update for Q1 Thursday 27.06.2024 at 10:00 CET

    Akobo Minerals AB (publ) will release an operational update for Q1 on Thursday 27.06.2024 at 10:00 CET. The update will not include Q1 financials. The presentation will be available from 08:30 CET that morning on the company’s homepage https://akobominerals.com and at https://newsweb.oslobors.no   The update will be presented in a webcast with CEO, Jørgen Evjen, COO, Matt Jackson, and Head of Mining Operations, Helge Rushfeldt at 10:00 CET. The presentation and subsequent Q&A session will be held in English and may be viewed live at: Akobo Minerals Webcast Q1 2024 

    Akobo Minerals reports good progress with the Segele processing plant

    OSLO, 6 June 2024: Akobo Minerals AB  (Euronext and Frankfurt: AKOBO) (OTCQX:AKOBF). Akobo Minerals, a leading gold exploration and mining company based in Scandinavia with operations in Ethiopia, today provided an operational update highlighting good progress with finalising remaining works on the processing plant. In addition, the company has started a cooperation with an international mining engineering company to assess potential for accelerating mining

    Akobo Minerals Annual report 2023

    OSLO, 31 May 2024: Akobo Minerals AB  Reference is made to the financial calendar published on 13 May 2024, where the Company scheduled the publication of its consolidated financial statements for 2023 today, 31 May 2024. The Company hereby announces that it is unable to publish its consolidated financial statements as scheduled today, and that it has applied to the Oslo Stock Exchange (Nw: "Oslo Børs") for an extension of up to 14 days, until 14 June 2024, to disclose the financial statements for 2023. The delay is due to late receipt of necessary information from the Company's

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