Akobo Minerals AB (publ), the Scandinavian-based Ethiopian gold exploration and boutique mining company, today published its 2022 Group Annual Report. The report is available on the company’s website at: Akobo Minerals Group annual report 2022.
Commenting on the company’s performance for the year, Jørgen Evjen, CEO of Akobo Minerals, stated: “2022 was an incredibly important and productive year for the company. We managed to put in place all the necessary operational elements – including breaking ground on our mine, securing the necessary processing plant, adding significant numbers of employees and pushing ahead with our leading ESG program – to prepare us for first gold, and with it cashflow, in 2023.
“The road to becoming Ethiopia’s first operating gold mine in a generation has been a real challenge for us, but we retained our focus, showed incredible flexibility and determination and the groundwork is done.”
He concluded: “I thank every employee for their hard work, in getting to where we are today. Their efforts will help to bring success in 2023 to all our stakeholders – including the local communities in which we operate, the Ethiopian government, partners and shareholders, who have all supported us along our journey.”