Chililabombwe, Zambia – The Min’gomba Copper Mining Project is fast emerging as a potential game-changer for both Zambia and the global copper industry, with early estimates suggesting it could rank among the richest underground copper deposits in the world.
Zambian President Hakainde Hichilema expressed optimism about the project’s transformative potential following progress updates from KoBold Metals and ZCCM Investments Holdings (ZCCM-IH).
“With KoBold’s cutting-edge technology and Zambia’s stake through ZCCM-IH, Min’gomba has the potential to become a globally competitive, world-class mine,” President Hichilema stated.
Driving Innovation and Economic Transformation
The project represents a landmark partnership between KoBold Metals, a U.S.-based mining technology firm renowned for its use of artificial intelligence in mineral exploration, and ZCCM-IH, Zambia’s state mining company.
By integrating advanced exploration and data-driven extraction techniques, the collaboration is set to enhance efficiency, improve safety, and promote sustainability in mining operations.
The economic ripple effects are expected to be far-reaching — from job creation and skills development to increased local procurement and business opportunities for Zambian enterprises.
“This project is not only about extracting copper; it is about transforming lives through value addition, empowering local participation, and creating jobs, skills, and opportunities for our communities,” President Hichilema added.
Supporting Zambia’s 3-Million-Tonne Copper Vision
The Min’gomba development aligns with Zambia’s strategic goal to produce 3 million tonnes of copper annually by 2030, reinforcing its position as one of the world’s top copper producers.
Through projects like Min’gomba, the government aims to unlock new sources of investment while ensuring that Zambians remain central to the mining value chain — from exploration to beneficiation and export.
A Model for Sustainable and Responsible Mining
President Hichilema reaffirmed his administration’s commitment to legal, safe, and environmentally responsible mining, emphasizing that sustainable growth and community well-being remain top priorities.
“As Government, our commitment to legal, safe, formal, and security-oriented mining remains paramount as we pursue sustainable growth for our people and our nation,” he said.
The Min’gomba Copper Mining Project stands as a powerful symbol of Zambia’s determination to harness its mineral wealth responsibly and strategically, paving the way for economic transformation, industrial development, and long-term national prosperity.
