Uglybob
Regular
More likely they will sit down and swap notes to see if they can learn something from each other. Both are grifters in it to get whatever they can with no regard for the people who elected them.
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Probably true but in this case it's in Trump's interest that DRC and Rwanda sign the peace treaty so that Trump can deliver on the minerals for security deal. It also makes him look weak and ineffective when these third world crooks have him running around after them.
Dave Evans
Regular
Here’s a video footage from Al Jazeera today of a bridge collapse killing dozens of mine workers in the DRC.
At the 1:40 mark, one miner mentions how local miners mined there freely before Tshisekedi’s family and Chinese mining companies got involved. The video goes on to mention the poor working conditions, corruption, child labour and how DRC troops shoot at miners to secure mining sites
Seems like a good time to remind people of China’s other violations of artisanal miners in the DRC
thestockexchange.com.au
And Zijin’s violations in mining operations around the world
thestockexchange.com.au
At the 1:40 mark, one miner mentions how local miners mined there freely before Tshisekedi’s family and Chinese mining companies got involved. The video goes on to mention the poor working conditions, corruption, child labour and how DRC troops shoot at miners to secure mining sites
Seems like a good time to remind people of China’s other violations of artisanal miners in the DRC
Artisanal Mining And Chinese Companies In The DRC
On top of forced evictions and serious human rights abuses by Chinese companies operating in the DRC, up to 2000 people per year die in Chinese owned artisanal mines every year...
thestockexchange.com.au
And Zijin’s violations in mining operations around the world
Reports On Zijin Mining’s Violations
Read multiple reports on Zijin Mining’s violations Non fiction journalists reports on Zijin Mining 👇 Zijin’s poisoned legacy A toxic spill last year blackened the name of Chinese metals giant Zijin Mining. But, in Fujian, its broken promises and environmental failures have a longer history...
thestockexchange.com.au
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It's sad but when a mining company moves in to exploit a resource after proving it up the artisanal miners get displaced. In this case it appears government troops may be deployed to keep them away. It's a problem we too would face if our permit had been awarded in accordance with the law, and solving that problem is not easy.
Prior to AVZ our own John Clarke worked for another company with a DRC gold project. They tried to solve the problem by promising jobs at the mine to local artisanal miners. However once the mine was built many thousands turned up hoping to get those jobs. Some who'd worked the area for many years before being displaced missed out on those jobs. This fact was exploited by militants to stir trouble and the project ultimately failed.
About 5 or 6 years ago I spoke with Graeme Johnston on the phone. AVZ had planned to approach the problem by building a processing plant for the artisanal miners. They would offer a local buyer paying top dollar for the ore, but to use the plant all miners and their sites would have to be registered and meet certain conditions.
These conditions included things like ensuring their children attended school and their sites were operated according to strict safety standards. They would effectively become guardians of their site in a similar way to how poachers have been converted to rangers protecting the very animals they once hunted. It was an intelligent idea and I'd looked forward to seeing it tested.
Despite what some may say of our board we have good people there. They followed the law, had innovative ideas to tackle problems we would face, and have not sold us out.
I hope many others remember that.
Sammy_da_Smile
Regular
Whoops, I missed this Tweet from the Bureau of African Affairs 4 days ago
Bureau of African Affairs
https://x.com/AsstSecStateAF
@AsstSecStateAF The devastating mine spill in the DRC by CDM, a Chinese mining company, highlights its negligence and disregard for the Congolese people. This same company's workers recently kidnapped and assaulted @Rendeavour COO and U.S. citizen Preston Mendenhall in September.
These actions contrast with U.S. companies who follow environmental regulations, create jobs, transfer skills, and expand opportunities for the Congolese people, underscoring the importance of the U.S.-DRC partnership. We commend Minister Watum for suspending CDM’s license and look forward to working with the DRC government to attract more responsible investment that drives mutually beneficial growth.
7:29 AM · Nov 14, 2025
57.7K Views
…. So Chinese mining companies in the DRC are bribing officials and violating human rights
And the US say they are coming to the rescue
…. Meanwhile this is what the Congolese President’s family think when they read these reports
As for us, we’ve heard it all before. Might be time to go on a quiet relaxing holiday and unwind for a week ahead of the AGM, somewhere where I can find some peace
…. I know just the place
"https://www.msn.com/en-ca/news/worl...ooting-off-the-runway-in-dr-congo/ar-AA1QBzVR"
Plane crash in DRC with the Minster of Mines on board.
TheGermanOne
Member
ICSID update available!
Longunvest
Member
Case Details | ICSID
Longunvest
Member
February? So we are expecting something to eventuate by then? There were some rumors/hearsay on the crapper about something being done by EOY, but I’m so used to being disappointed that I refuse to believe we’re close to the end.
We literally just waited from April for our rescheduled hearing to occur after the last suspension. There wouldn't be an immediate ruling after the hearing in any case, so why not just let it ride? Surely that would apply more pressure to get a result. And even if they couldn't get a deal done and the ICSID award came first, this would provide a price guide to negotiate from, and give an impetus to the DRC to remove the stain hanging over their 'open for business' mantra.February? So we are expecting something to eventuate by then? There were some rumors/hearsay on the crapper about something being done by EOY, but I’m so used to being disappointed that I refuse to believe we’re close to the end.
Though it seems an encouraging signal, I'm going to be fuming if February rolls around again and we have to restart the ICSID Proceedings without any headway towards a resolution, and have to wait again for another rescheduled hearing after wasting more time.
But hopefully this means that our management believe we are nearly across the line.
Schnitzelfresser
Regular
If Nigel falls for the DRC's tricks again, I'm slowly losing my patience...By February, everything should really be settled.
Skar
Regular
At the AGM the new ICSID suspension will need to be addressed and why it is different from that last one. I believe AVZ said the DRC refused to even talk to AVZ over the course of the last one, so why the delay again (at claimant request)?
We obviously wont get details of ongoing legal proceedings but body language and vibe, why they feel more confident now and are not just repeating the same mistakes of the past, might yield answers.
Skar
Regular
This is exactly it... its in our detractors interests to stall and kick the can down the road to bleed our legal funding dry. Why is our own management doing it now over going full steam on litigation resolution. Thats what needs answering at AGM.
... that said one week out from AGM and suspending ICSID, is it even remotely possible Christmas might come early?
Here's $25m to put towards a new jet...
DRC • $25m missing from coffers of copyright society
A report by the Inspectorate General of Finance has revealed the details of an opaque scheme involving funds intended for artists. Only $35,882 actually reached the intended recipients, while the
A report by the Inspectorate General of Finance has revealed the details of an opaque scheme involving funds intended for artists. Only $35,882 actually reached the intended recipients, while the rest of the money disappeared through cash withdrawals and questionable transfers. [...]
Why am I not surprised.
Cheers
F
Thinking timelines and a possible best case scenario to justify this: When Rio bought Arcadia in October 2024, it took 3 months before approval could be gained by Rio shareholders (approval gained in December 2024).
Remove the players (only used as an example) timeline scenario is still valid.
we would be laughing for joy if we'll get another AGM resolution for a deal tabled just before the AGM.
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