OSLO, NORWAY: Akobo Minerals AB has appointed SpareBank 1 Markets AS to advise on project financing for the company’s boutique gold mining operation for the Segele deposit in Ethiopia. As financial adviser, SpareBank 1 Markets AS (the Manager) will work closely with Akobo Minerals to explore relevant funding opportunities such as equity, bank debt and offtake…
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Akobo Minerals lay the foundation stone for its Segele mine in Ethiopia
OSLO, NORWAY: Akobo Minerals 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. Initial production is expected to commence by the end of 2022, ramping-up into 2023. Once fully operational, the company estimates an annual…