Kolbold Metals has announced that it will commence copper production in 2031, stating that it is currently focused on exploration activities.
Speaking at state house today when Kolbold Metals team paid a courtesy call on President Hakainde Hichilema, Kolbold Metals Chief Executive Officer, Mfikeyi Makayi said that the company aims to secure 300,000 metric tons of copper before beginning production.
Ms. Makayi disclosed that under the Mingomba license, approximately 75,000 cumulative meters of drilling have already been completed.
“The shafts to be sunk measuring 15 meters in width at the mine will be largest and modern in Africa, in two years of its explorations, it has beaten the 75years record that ZCCM-IH and Mingomba achieved”, said Ms Makayi.
And President Hichilema commended Kobold metals for the progress made on explorations at Mingomba mine.
The President further urged the company to accelerate its operations and ensure that all aspects of the project proceed without unnecessary delays.
Christabel Kamunu
