PRESIDENT HICHILEMA SAYS MINGOMBA MINE SIGNALS ZAMBIA’S RETURN TO GLOBAL COPPER STAGE

Gates-backed KoBold breaks ground on $2.5bn Zambia copper mine

KoBold Metals, the American exploration company backed by Bill Gates, Jeff Bezos and Sam Altman, has broken ground at the Mingomba copper project in Zambia, committing to a mine that will require more than $2.5 billion to build and is expected to produce more than 300,000 tonnes of copper per year at full capacity.The groundbreaking comes weeks after the company announced plans to spend at least $50 million on lithium exploration in the Democrat…

PRESIDENT HICHILEMA SAYS MINGOMBA MINE SIGNALS ZAMBIA’S RETURN TO GLOBAL COPPER STAGE

PRESIDENT HICHILEMA SAYS MINGOMBA MINE SIGNALS ZAMBIA’S RETURN TO GLOBAL COPPER STAGE By Constance Shilengwe President Hakainde Hichilema has said the development of the Mingomba Mine signals Zambia’s steady progress towards reclaiming its rightful position on the global stage as a leading copper producer. The Head of State noted that copper remains one of the […] The post PRESIDENT HICHILEMA SAYS MINGOMBA MINE SIGNALS ZAMBIA’S RETURN TO GLOBAL …

Zambia : President Hichilema Commissions Mingomba Shaft construction project

President Hakainde Hichilema has said that the Commissioning of the Mingomba Shaft Construction project in Chililabombwe District on the Copperbelt Province is symbolic of the country taking up its original position in copper production worldwide. President said this when he Commissioned the Mingomba Shaft Project groundbreaking ceremony this afternoon. President Hichilema said the groundbreaking ceremony […]

Shaft-sinking project at Mingomba mine kicks off

President Hakainde Hichilema has launched works to sink a 1.7 kilometres shaft at Mingomba Mine in Chililabombwe on the Copperbelt. The project is the largest single American capital investment into Zambia’s mining sector, with an initial investment of US$430 million. President Hichilema, who has described the investment as a new chapter in Zambia’s mining, has …