KoBold Metals Launches Construction of Zambia’s Largest Copper Mine
KoBold Metals Breaks Ground on $2.3 Billion Mingomba Copper Mine in Zambia, Boosting Output Ambitions KoBold Metals, a U.S.-based exploration company backed by investors including Bill Gates and Sam Altman, has officially begun construction of the Mingomba copper mine in Zambia, marking one of the largest mining investments in the country’s history. The project, valued at more than $2.3 billion, is expected to become Zambia’s largest copper mine. Once fully operational, Mingomba is projected to produce over 300,000 tonnes of copper per year, placing it among the top producers on…
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