KoBold President Josh Goldman, EMR Capital EMR Executive Chairman Owen Hegarty, U.S. Commerce Secretary Gina Raimondo, Zambian Minister for Mines and Minerals Development Paul C. Kabuswe, and His Excellency Hakainde Hichilema, President of the Republic of Zambia joined together to announce KoBold’s $150 million Mingomba Deposit investment during the Biden Administration’s 2022 African Leader’s Summit.
The news was well received and widely covered in:
Reuters: Billionaire-backed KoBold Metals to invest in Zambia copper mine
Bloomberg: Gates-Backed Start-Up Seeks Zambia Copper for Green-Energy Shift