Akobo breaks ground on Ethiopia project

27th October 2022 By: Tasneem Bulbulia - Creamer Media Reporter

Scandinavia-based Akobo Minerals has broken ground at its Segele gold mine, in Ethiopia, which it says marks an important milestone on the path to gold production in early 2023.

“When excavation began today to remove the overburden at our mining site in south-west Ethiopia, it was the culmination of over a decade of tireless work for the company.

“The next steps will be to undertake a short geotechnical evaluation, after which the ground supports will be set in place to allow for the safe establishment of a portal and the subsequent start of underground mining of gold in the first quarter of 2023 – marking a true landmark moment in the development of Akobo Minerals,” acclaims CEO Jørgen Evjen.

In addition to ongoing mining development activities, the coming weeks will see the progression of civil engineering and the construction of support facilities.

The company also expects major equipment for the processing plant to be received shortly.

The primary short-term tasks for the newly arrived contract mining staff from IW Mining will be to work with Akobo’s engineers to develop the boxcut for the incline shaft. The boxcut is a small opencut built to supply a secure and safe entrance as access to a slope at an underground mine.

In addition, the contract staff will be recruiting and training local staff to join the company as the mine advances towards production.

Securing positions for those living in the local community is noted to be a key element in Akobo’s environmental, social and governance programme.