Waiting for this one to come public:
KoBold Metals® is privately held and backed by long-term investors committed to the discovery and development of new battery metal resources.
Posted By: Cecilia Jamasmie February 5, 2024
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 that it plans to fast-track its development.
The California-based startup has been drilling at its Zambian permit for a little over a year. During this time, KoBold president Josh Goldman said they have confirmed the “huge” size of the deposit.
Mingomba is shaping up to be “extraordinary,” he said, adding that the potential of the discovery compares to that of the Kamoa-Kakula mine, owned by Ivanhoe Mines and China’s Zijin Mining. This operation, located just across the border in Democratic Republic of Congo (DRC), produced almost 400,000 tonnes of copper last year.
The Dog that doesn't bark is the one to pay attention to
