We'll see if KoBold is everything it is touted to be or just hype.
From Reuters via Arctic Today, March 24:
KoBold Metals is hunting for large deposits of nickel, copper, cobalt and platinum group metals.
COPENHAGEN — Mineral exploration company KoBold Metals, backed by billionaires including Jeff Bezos and Bill Gates, said on Thursday it would begin drilling in Greenland for critical materials used in electric vehicles.
KoBold, which uses artificial intelligence and machine learning to hunt for raw materials, last year secured a 51 percent stake in the Disko-Nuussuaq project on Greenland’s west coast, which is operated by London-listed Bluejay Mining.
The joint venture will use drones to make a high-resolution magnetic survey of the area and plans to drill a total of 3,000 meters this year to depths of between 150 and 400 meters where the metals are located.
“The objective is to target massive nickel, copper, cobalt and platinum group metals,” Bluejay Mining Chief Executive Bo Steensgaard told Reuters....
....MUCH MORE
One of the reasons for the dubiosity is the fact the company has been talking about doing something for years. Here's a post from March 2019:
Cobalt: Bill Gates, Bezos, Dalio Are On the Hunt for New Underground Supply
Bezos, Andreessen and Gates Looking For Cobalt In Canada
Not them personally, can you imagine? Tramping around northern Saskatchewan?
Jeff: Bill, does this rock look blue to you?No, it's a company they're invested in....
Bill: I can't see it, let me get my glasses.
Marc: Guys, have I told you all the things I've wanted to tweet since I quit Twitter?
Jeff and Bill: Oh Gawd
And November 2021:
"Greenland bans uranium mining, blocking vast rare earths project"
The ban seems to be aimed at just the radioactive stuff so shouldn't shut down Bill Gates' exploration for cobalt.*
