Metals
Gold$4,338.54+0.00%|
Silver$70.24+0.00%|
Platinum$1,810.68+0.00%|
Palladium$1,358.42+0.00%|
Gold$4,338.54+0.00%|
Silver$70.24+0.00%|
Platinum$1,810.68+0.00%|
Palladium$1,358.42+0.00%|
Latest News
Critical Metals starts drilling on Tanbreez rare earths project in Greenland|China exchange to open lithium futures to overseas traders from July 3|China's copper smelters band together to strengthen hand in talks with miners|Warsh’s focus on price stability sends gold prices lower|Victory Metals inaugurates rare earths pilot plant in Perth|Gold's bull market has room to run as inflation risks, fiscal deficits support prices - Wells Fargo|Gold retreats as Fed signals rate hike ahead, dollar strengthens|Iron-ore industry sees a bright future, but green steel fades|Coinbase launches GOLD-PERP and SILVER-PERP futures offering 24/7/365 metals trading and price discovery with 25x leverage|Arizona Gold & Silver Reports Multiple High-Grade Intercepts Including 3.35m of 15.07 gpt Gold and 19.6 gpt Silver – Expands High-Grade Philadelphia Zone|Critical Metals starts drilling on Tanbreez rare earths project in Greenland|China exchange to open lithium futures to overseas traders from July 3|China's copper smelters band together to strengthen hand in talks with miners|Warsh’s focus on price stability sends gold prices lower|Victory Metals inaugurates rare earths pilot plant in Perth|Gold's bull market has room to run as inflation risks, fiscal deficits support prices - Wells Fargo|Gold retreats as Fed signals rate hike ahead, dollar strengthens|Iron-ore industry sees a bright future, but green steel fades|Coinbase launches GOLD-PERP and SILVER-PERP futures offering 24/7/365 metals trading and price discovery with 25x leverage|Arizona Gold & Silver Reports Multiple High-Grade Intercepts Including 3.35m of 15.07 gpt Gold and 19.6 gpt Silver – Expands High-Grade Philadelphia Zone|
Back to News
Latest News

Akobo’s Ethiopian operations normalise following fuel supply disruptions

Akobo’s Ethiopian operations normalise following fuel supply disruptions
10 June 20265 Mins read

Following the fuel supply disruptions that temporarily impacted its Ethiopia operations during April, gold producer Akobo Minerals says key activities progressively resumed during May as diesel availability improved.

The company, in a media release, notes that this enabled a phased restart of mining, processing and development activities. By the end of May, operations had largely returned to normal levels and the company entered June on a business-as-usual basis.


The company says it currently maintains sufficient fuel inventories on site, with additional deliveries in transit to support ongoing operations.

While fuel availability has stabilised, Akobo explains that regional supply constraints may still affect future deliveries, adding that the company continues to monitor the situation closely.


The company reports that gold in production in May was 0 kg, noting that processing of newly mined ore will begin in June. Cumulative doré production to date is about 124 kg, while the available stockpile of lower-grade material for processing is about 300 t.

Mining activities resumed towards the end of May following successful dewatering of the underground workings.

Development of the vertical shaft continued in parallel. Following completion of the remaining collar works and advancement of the shaft into competent hard rock, blasting activities resumed during May.

Akobo says shaft sinking is expected to accelerate as development now progresses below the collar section.

The company notes that the operational disruption in April and early May resulted in a temporary loss of momentum.

However, Akobo says the site team managed the situation effectively, maintaining control of critical activities and minimising the overall impact on production and development.

With all core activities now fully resumed, the company says it entered June under normal operating conditions.

Meanwhile, Akobo notes that a small inauguration ceremony was held for the Shama village water project, which provides access to clean and reliable freshwater for the nearest local village and surrounding community.

The company says the project is expected to improve access to safe drinking water, reduce reliance on bottled water and contribute to a reduction in associated plastic waste, with positive health and broader community benefits.

Our Trusted Brands

Arras MineralsAfrikorArizona Gold & SilverAstra ExplorationAurion ResourcesBluenergiesBactechDigipower XGold Hunter ResourcesGolkorGuanajuatoHarfangHe CapitalKodiak Copper
Arras MineralsAfrikorArizona Gold & SilverAstra ExplorationAurion ResourcesBluenergiesBactechDigipower XGold Hunter ResourcesGolkorGuanajuatoHarfangHe CapitalKodiak Copper
LeviathanLoyalistMining Investment EventNoble PlainsPan GlobalPhenom ResourcesPower MetallicSilverWolfSpacekorUS GoldUSDCVivio PowerWest Red Lake
LeviathanLoyalistMining Investment EventNoble PlainsPan GlobalPhenom ResourcesPower MetallicSilverWolfSpacekorUS GoldUSDCVivio PowerWest Red Lake

News & Updates

Subscribe to Our Latest News & Updates