Akobo Minerals AB (DE:643) has released an update.
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Akobo Minerals AB has reported a net loss of SEK 48.4 million for Q3 2024, with no income as it remains in the project development phase. The company achieved notable milestones, including gold production exceeding expectations in November, securing a NOK 25.5 million convertible loan, and preparing for its first gold export. With record-high gold prices boosting the value of its Segele resource, Akobo Minerals continues to strengthen its financial flexibility and management team.
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