Akobo Minerals Signs Refinery Agreement with Swiss-Based MKS PAMP

Akobo Minerals AB (AKOBO), the Scandinavian-based Ethiopian gold exploration and boutique mining company, today announced that it has signed an agreement with MKS PAMP for a range of gold refinery-related services. The company - one of the most respected precious metals industry players - is an independently operated precious metals refining and fabricating company and part of the MKS PAMP GROUP.

MKS PAMP will provide turnkey refining solutions to Akobo Minerals, from collection of the doré - the semi-pure alloy of gold, produced at Akobo’s Minerals’ mine in southwest Ethiopia - managing the transportation of the gold through Addis Ababa and all the way to MKS PAMP’s refinery in Switzerland for further purification. Other MKS PAMP services include assaying, hedging and delivery of metal bars to customers around the world.

Akobo Minerals carefully selected MKS PAMP as its partner due to the company's strong commitment to Environmental, Social, and Governance (ESG) principles. Among all refineries, MKS PAMP stood out as the sole refinery dedicated to reducing its carbon footprint, a commitment that has been independently verified and confirmed by the Science based initiative (SBTI), an independent body.