"KoBold Discovers Largest Copper Find in Zambia in 100 Years"

1 min read
Source: MINING.com
"KoBold Discovers Largest Copper Find in Zambia in 100 Years"
Photo: MINING.com
TL;DR Summary

KoBold, a mineral exploration company, has announced a significant copper find in Zambia, potentially one of the largest in a century. The project, named Mingomba, is compared to the successful Kamoa-Kakula mine in the DRC and is expected to be a high-grade underground mine. KoBold, which aims to create a comprehensive map of the Earth's crust using AI, has exploration activities in various countries and is also focused on battery metals for the energy transition. The company plans to build the $2 billion underground copper mine in Zambia within the decade, aligning with Zambia's goal to increase copper production.

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