KoBold Metals announced the discovery of potentially the largest copper deposit in Zambia’s history, per Bloomberg's report. The Mingomba asset, located in Zambia, is expected to play a significant role in the country’s economy and aligns with President Hakainde Hichilema‘s vision to boost copper production.
The California-based startup, supported by a consortium of billionaires including Bill Gates and Jeff Bezos, revealed the groundbreaking discovery at the ongoing mining Indaba in Cape Town. Utilizing AI, KoBold collects and analyzes multiple streams of data with the goal of mapping the Earth's crust. The focus is not only on copper but on all the minerals and metals necessary for the energy transition.
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According to KoBold ...