KoBold Metals to Begin Drilling on Zambia’s Dumbwa Copper Prospect in 2025
Critical minerals startup KoBold Metals is set to commence drilling at Zambia’s Dumbwa copper prospect in early 2025, marking a strategic expansion in Africa’s critical minerals sector.
CEO Mfikeyi Makayi shared the company’s plans with Energy Capital & Power at the recent Critical Minerals Africa Forum.
Makayi highlighted that Dumbwa, located in northwestern Zambia, is one of KoBold’s prioritized exploration sites in the region. “We are leveraging machine learning and predictive analytics to reduce uncertainty and accelerate drilling at Dumbwa, moving beyond traditional geological methods,” Makayi stated.
KoBold Metals is collaborating with African governments to combine modern technology with Africa’s mining expertise, driving critical mineral development across the continent.
Alongside Zambia, KoBold is actively exploring critical mineral projects in South Africa, Namibia, and Botswana, focusing on copper, cobalt, lithium, and nickel.
Makayi noted the company’s additional advancements in Zambia at the Konkola West Project, a partnership with Tertiary Minerals, where over 2,000 meters have been drilled to better understand Copperbelt geology.
KoBold is also preparing infrastructure for copper production at its Mingomba copper project in Zambia, including mine shafts, dewatering systems, and processing facilities, with plans to bring it into operation by the early 2030s.
