No 1 source of global mining news and opinion
KoBold Metals, backed by a coalition of billionaires including Bill Gates and Jeff Bezos, is expanding its footprint in Zambia after inking a deal with Midnight Sun Mining toThe US-based startup aims to earn a 75% interest in the Dumbwa portion of Solwezi, which it could achieve by spending $15 million in exploration and making cash payments totalling $500,000 over four and a half years.
KoBold Metals Africa CEO Mfikeyi Makayi said the Dumbwa target hosted “intriguing” copper-in-soil anomalies and a structural setting comparable to other major deposits in the region. KoBold has an established presence in Zambia, including its flagship Mingomba project for which it is currently completing resource definition drilling and a pre- feasibility study. , according to KoBold president Josh Goldman. He added that the potential of the discovery compared to that of the Kamoa-Kakula mine, owned by Ivanhoe Mines and China’s Zijin Mining.
It collects and analyzes multiple streams of data — from old drilling results to satellite imagery — to better understand where new deposits might be found.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bexar County sets record for number of couples married at midnight on Valentine’s DayThe midnight ceremony was the first of three mass wedding ceremonies outside Bexar County Courthouse on Valentine's Day.
Read more »
The Best Late Night Food Available After MidnightFrom French dips and gyros to fries loaded with chicken masala, these places will satisfy your late night cravings.
Read more »
A Psychologist Offers 3 Ways Out Of A ‘Midnight Meltdown’Mark Travers, Ph.D., is an American psychologist with degrees from Cornell University and the University of Colorado Boulder. He is the lead psychologist at Awake Therapy, a telehealth company that provides video and telephone psychotherapy, counseling, and coaching to individuals in over 40 countries worldwide.
Read more »
Kwon Nara Is A Righteous Lawyer With Ghost Clients In “Midnight Studio”Kwon Nara Is A Righteous Lawyer With Ghost Clients In “Midnight Studio”
Read more »
I've Dried Dozens Of CBD Brands & This Is The Best Bang For Your BuckPlus, it's 20% off until midnight.
Read more »
4.7-magnitude earthquake reported near Falls City, strongest of several this monthThe earthquake was felt around San Antonio early Saturday morning, shortly after midnight
Read more »