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Akobo Minerals reports operational update

Published by , Editorial Assistant
Global Mining Review,


Akobo Minerals AB, a Scandinavian-based Ethiopian gold producer, provides an operational update for March 2025.

Highlights

  • Mining operations progressed well in March, starting with lower-grade ore and reaching higher-grade material toward month-end.
  • Smelting has been temporarily delayed due to a critical part failure with the electrowinning unit. Ore continues to be mined and stockpiled, and replacement panels are being shipped and will be installed shortly.
  • The high-grade ore body at the 575 level, previously referred to as Stope 01, was reached in the final days of March, with an estimated average grade of 75 g/t.
  • Work is ongoing to improve camp and site water logistics by connecting wells via pipeline to the water systems at both locations.
  • Gold is trading at all-time highs, providing a favourable market backdrop and supporting strong future cash flow.
  • While global markets face uncertainty due to tariffs and trade tensions, the gold price remains resilient.

Read the article online at: https://www.globalminingreview.com/mining/16042025/akobo-minerals-reports-operational-update/

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Gold mining news European mining news