By Ruth Chayinda
KoBold Metals says it will invest 300 million U.S dollars to develop Mingomba Mine in Chililabombwe by 2025.
Kobold Metals Africa Chief Executive Officer MFIKEYI MAKAYI says the company is optimistic that it will sink a shaft at the mine by 2026.
Ms MAKAYI says so far 200 million dollars has been invested in developing the Copper Mine which is expected to be the largest in the country.
She says preliminary works have already started and 2-hundred and 71 people have been employed.
Ms. MAKAYI adds that the mine expects to employ about 700 Zambians.
She said this when a KoBold Metals team led by its Co-founders and presidents JOSH GOLDMAN and KURT HOUSE paid a courtesy call on President HAKAINDE HICHILEMA at State House.
