AI-driven copper mine in Zambia breaks ground

AI-driven copper mine in Zambia breaks ground

Work began on a $2.3 billion copper mine in Zambia backed by tech billionaires, including Bill Gates and Sam Altman. The Mingomba mine will be among the largest copper mines in the world and will eventually produce 300,000 tons of copper a year. AI is involved in every level of the project: The demand for copper is being driven up by data center construction and the need to diversify global supply chains away from China. KoBold, the Silicon Vall…

KoBold breaks ground on giant Zambia copper mine

KOBOLD Metals has broken ground on what will be Zambia’s largest copper mine, a $2.3bn project that ranks among the biggest investment programmes in the southern African country’s history, said Bloomberg News. The Mingomba mine, located near Zambia’s border with the Democratic Republic of Congo, will eventually produce more than 300,000 tons of copper a year, placing it among the continent’s top sources of the metal. Silicon Valley-based KoBold,…