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KoBold Metals Mingomba Copper Mine

Sector: Metal • Location: Zambia

Source: Discovery Alert

Project
Under Construction

The Mingomba project is a planned deep underground copper mine in Zambia's Copperbelt region. It involves a capital-intensive development with major underground infrastructure needs, including shafts, pumping, ventilation, and cost control. The project aims to produce more than 300,000 tonnes of copper per year at a depth of about 1,700 metres. As of April 29, 2026, shaft sinking has formally star

Status
Under Construction
Sector
Metal
Location
Zambia
Updated
22 Jul 2026
Source
Discovery Alert

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The project “KoBold Metals Mingomba Copper Mine” is an infrastructure initiative in the Metal sector, located in Zambia. Taiyo aggregates data on it from Discovery Alert.

Participants

Not available for this record.

Status

Original status

under construction

Taiyo status

Under Construction

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The Mingomba project is a planned deep underground copper mine in Zambia's Copperbelt region. It involves a capital-intensive development with major underground infrastructure needs, including shafts, pumping, ventilation, and cost control. The project aims to produce more than 300,000 tonnes of copper per year at a depth of about 1,700 metres. As of April 29, 2026, shaft sinking has formally started, with engineering work progressing and a full engineering study expected by early 2027. The project cost is estimated at more than $2.3 billion, with production targeted for the early 2030s.

Original sector

Mining

Budget

Location

Country

Zambia

Source

Source

Discovery Alert

URL

More Details

Record type

Project

Sector

Metal

Article published date

2026-05-02

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