In 2022, 40% of the Gécamines district was taken over by a cobalt and copper mining quarry and 209 s left in a controversial relocation process. Image by Eric Cibamba.
KoBold Metals, backed by a coalition of billionaires including Bill Gates and Jeff Bezos, said on Monday its Mingomba asset in Zambia is the country's largest copper deposit in a century and ...
Community members reported losing communal land, farmland and homes, which miners literally dug up in order to extract cobalt. Without farmland, Congolese people were sometimes forced to cross international borders into Zambia just to purchase food. "You might think of mining as just digging something up," Young said.
The MINGOMBA Mine in Chililabombwe on the Copperbelt has achieved a significant milestone by generating a total of 250 job opportunities. KoBOLD Metals' Chief Executive Officer and Co-founder, KURT HOUSE, has underscored the project's prominence, hailing it as the most progressive endeavor in Zambia's mining sector.
According to GlobalData, Zambia is the world's fourteenth-largest producer of cobalt in 2023, with output flat growth by 0% on 2022. Over the five years to 2022, …
KoBold still plans to have the $2 billion underground copper mine in Zambia built within the decade, with first production in the early 2030s, but it needs to update resource estimate and complete ...
KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, has committed $150 million to developing the Mingomba copper-cobalt mine in Zambia, said to...
KoBold Metals, an AI-powered mineral exploration company backed by billionaires Bill Gates and Jeff Bezos, is planning to commission the Mingomba copper and cobalt mine in Zambia within ten years, reported Reuters. The California-based exploration company plans to invest roughly $150m to accelerate exploration work at the …
KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, has committed $150 million to developing the Mingomba copper-cobalt mine in Zambia.
The Zambian government has undertaken numerous policy changes in the mining taxation system aimed at large-scale mining firms that have inadvertently negatively affected ASM miners. For instance, …
KoBold Metals, the Bill Gates-backed mining exploration company, could spend $2.3 billion to build a major new copper mine in Zambia, President Hakainde Hichilema said, citing figures from the ...
As Africa's second-largest producer of copper, Zambia is highly dependent on mining. Mingomba copper-cobalt mine project is based in Chililabombwe on the Copperbelt. the project will be a joint venture with Australian private equity firm EMR Capital and Zambia's state-backed mining company ZCCM-IH, and has the potential to …
Anglo American is in the early stages of exploring for copper and cobalt in Zambia's North-Western province, its Chief Executive Officer Duncan Wanblad said on Monday.
Jubilee Metals Group PLC, a leader in metals processing with operations in Africa (AIM: JLP/Altx: JBL), is pleased to announce an update at its Zambian operations where the integration of the Sable Copper and Cobalt refinery with the newly constructed copper concentrator, Project Roan, continues as part of Jubilee's Southern Refining …
Zambia's Mopani Copper Mines (MCM) plans to resume cobalt production that was halted more than a decade ago after international prices collapsed, an executive at state-owned ZCCM-IH said on Tuesday.
The remote sensing work, which uses imagery from satellites like WorldView-2, WorldView-3, and GeoEye-1, will initially focus on determining mine, smelter, and storage depot locations in four cobalt-mining hotspots in the DRC (centered around Kolwezi, Likasi, and Lubumbashi) and Zambia (centered around Kitwe).
Currently, cobalt prices on the global market are trading at around US$34,180 per ton, and Zambia may only benefit if the production of this metal, which is used in the manufacturing of EV batteries, is increased. Cobalt is a hard, lustrous, grey metal with a high melting point of 1493°C.
KoBold Metals, backed by a coalition of billionaires including Bill Gates and Jeff Bezos, said on Monday that aims at opening a new copper-cobalt mine in Zambia within 10 years.
Child labor, sexual assault, birth defects, abject poverty, workers buried alive: A new exposé on artisanal cobalt mining in the Democratic Republic of the Congo lifts the curtain on a ...
The company now holds about a dozen exploration properties in various locations, including Zambia, Quebec, Saskatchewan, Ontario, and Western Australia, primarily established through joint …
US-based artificial intelligence exploration firm KoBold Metals has reportedly pledged a $150m investment to own, explore, and develop the Mingomba copper-cobalt …
Look out for Part 2 of our interview with KoBold's President and co-founder, Josh Goldman, in which he tells Mining For Zambia about the contribution that KoBold's project will make to Zambia, and what Zambia brings to the project. Header image: Mingomba site at night (Courtesy KoBold Metals) See also: Open for business
Caledonia Mining rallied 9.5% after results from its 2011 exploration program at its Nama copper-cobalt project in Zambia pleased investors.
KoBold Metals, backed by a coalition of billionaires including Bill Gates and Jeff Bezos, said on Monday that aims at opening a new copper-cobalt mine in Zambia within 10 years.
The giant Kamoa-Kakula copper mine is situated just across Zambia's northern border in the Democratic Republic of the Congo. Ivanhoe Mines, a Canadian mining company founded by billionaire...
'Cobalt Red' describes the 'horror show' of mining the element in the DRC : Goats and Soda Phone and electric car batteries are made with cobalt mined in the Democratic Republic of Congo.
Mfikeyi is an engineer and seasoned mining professional with over 15 years experience in industry. She worked on one of Zambia & Africa's largest copper mines, First Quantum's Kansanshi Copper-Gold mine in …
The journey from mining to refining . Little of the cobalt mined in the DRC is processed domestically or on the continent. Instead, the raw material is shipped to China for refining. The journey between these mining and refining hubs is lengthy and expensive, particularly across the land segment in southern Africa.
In 2016, China Molybdenum paid the U.S. company Freeport-McMoRan $2.65 billion for a controlling stake in Tenke Fungurume, a giant copper-and-cobalt mine about two hours east of Kolwezi; three ...
KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, has committed $150 million to developing the Mingomba copper-cobalt mine in Zambia, said to be the world's highest-grade undeveloped large deposit of the orange metal.
Global cobalt mine production 2023, by leading country; Global distribution of mined cobalt supply 2022, by country; Global year-over-year growth in cobalt supply from 2021-2022, by country
Mining in Zambia Battery Metals Cobalt Copper Lithium New Mining Projects Nickel ZCCM-IH and Kobold Mingomba JV Unveils Zambia's Biggest Copper Find in a Century February 6, 2024 February 6, 2024 Constance
The monumental copper discovery at Mingomba has the potential to significantly boost Zambia's standing in the global mining industry. As Zambia positions itself as a key player in meeting the ...
