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ANOTHER STORM ON THE GO for AVZ SH, or another CHAPTER...!
It will be recalled that on 16 January 2024, the ICSID tribunal made interim orders, pursuant to Procedural Order no. 3 (PO3), to the effect that GDRC take necessary steps to reflect that Dathcom is the holder of PR 13359, and to protect the AVZ Parties rights during the pendency of the proceedings.
Specifically, PO3 required that Dathcom be re-established as holder of PR 13359, currently being converted into an operating permit, on the perimeter mentioned in article 2 of ministerial order no. 0921/CAB.MIN/MINES/01/2016 of December 28, 2016, but excluding the perimeter covered by PR 15775 and reflects the same area purported to be developed under the GDRC Kobold Agreement.
On 24 June 2025, the AVZ Parties and Dathcom filed a supplemental application seeking a new order against GDRC with respect to their continued non compliance with PO3, and on 18 July 2025, informed the ICSID Tribunal of the GDRC Kobold Agreement which is a breach of PO3.