Does anyone know why Freehold disappeared from here and the crapper around the time the suspension started?I so wanna tell Hoots that Freehold is busy with he’s EX WIFE….
I know he’s grudge with DRC but FFS….
GLTAH
AVZ Discussion 2022
- Thread starter GazDix
- Start date
DRC is a member of ICC
A ruling by the ICC in favour of AVZ what put pressure on FT to abide by the decision .
Politically and International reputation at stake .
He follows the ICC decision without the fall out with his ministers.
Carlos Danger
Top 20
My initial thought was that there was some sort of legal reason the MoM did this. If Cominiere did accept Zijin's offer then the DRC is faced with delivering on one of the outcomes in the offer or facing a breach of contract against a public company. The MoM would have an obligation to try and minimise the potential damages against the state.
The timing of Cominiere's complaints against AVZ being in early December looks to me like the first act of trying to fulfil their part of the deal. Those complaints were within the 60 day window given by Zijin and are what the MoM cited in the new decrees. If her intention was to take everything from us or give us all of PE13359 it would have already happened.
Clearly there is something that the DRC government wants to adjust about the project. The favourable opinions deadlines mean nothing at this point. I think that when it boils down to it the MoM believes AVZ can be pushed around into accepting Zijin in Dathcom or losing the north. That's why Nigel reacted the way he did imo. Shows we won't take any shit and if there are to be negotiations they begin from the strongest position possible for AVZ.
Zijin's 2021 annual report notes that it owns the PE12453 and PE13427 greenfield exploration and mining rights project at the periphery of the Manono Lithium Mine in the DR Congo.
For those who are familiar with the Manono tenements and their locations, where are these tenements in relation to AVZ's RD and CDL tenements?
Interestingly, Zijin's 2022 interim report does not mention tenements PE12453 and PE13427 as assets of the company.
Cheers
F
For those who are familiar with the Manono tenements and their locations, where are these tenements in relation to AVZ's RD and CDL tenements?
Interestingly, Zijin's 2022 interim report does not mention tenements PE12453 and PE13427 as assets of the company.
Cheers
F
MoneyBags1348
Top 20
I’m pretty sure they are new PE numbers…. Not listed before
Maybe it's just wishful thinking by Zijin, or another reporting fiction.
Oh, and the 2022 interim report also notes a payment of 100,000,000 Congolese francs ($US 2.4m approx) referencing 15% of Dathcom but no further detail. No mention of payment date or what it's about. It's possibly bribe money since the explanatory note says nothing.
Cheers
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cruiser51
Top 20
~40 km wsw of 13359
Freehold was complaining that there was too much "off topic " chat here from memory, wanted us all to be fully focused on talking about stock and other stock opportunities.
I disagreed with him , mentioned it was vitally important a bit of humour / venting was required or we would all go fucking nuts !!!
Pooof.......
Then he was gone.
Freehold was a good poster, but i for one aint losing any sleep in his absence........
imo
MoneyBags1348
Top 20
Sorry Flight…. The 12453 PE used to be a PR for COMFORCE and the 13247 was a PE for COMFORCE.
The 13 number is slightly different here though…. there is no 13427 listed
The two tenements you refer to are the big dark orange block on the left (and the smaller area inside) in this photo
La Cominière SA
cominiere.cd
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Thanks mate. Excellent work.Sorry Flight…. The 12453 PE used to be a PR for COMFORCE and the 13247 was a PE for COMFORCE.
The 13 number is slightly different here though…. there is no 13427 listed
The two tenements you refer to are the big dark orange block on the left (and the smaller area inside) in this photo
View attachment 30712
La Cominière SA
Cheers
cruiser51
Top 20
Jus noticed an article from 31/1/2023...
electricity
Creation date: January 31, 2023 11:08
(Agence Ecofin) - With more than 800,000 ounces of gold produced each year, Kibali is the largest gold mine in Africa. It is currently supplied with energy by three hydroelectric power stations with a combined capacity of 44 MW.
In the DRC, the share of renewable energies in the energy mix of the Kibali gold mine will reach 93% in 2025, compared to 81% currently. This was indicated Monday, January 30 Mark Bristow, CEO of Canadian Barrick Gold, the world's second largest gold producer and co-owner of the largest gold mine in Africa.
The company will indeed build a 17 MW solar power plant in addition to the three hydroelectric power plants that currently supply Kibali. These are Nzoro-1 and 2 and the Azambi hydroelectric plant, with a total capacity of 44 MW.
Kibali is therefore a successful example of how the immense hydroelectric potential of the DRC can support the exploitation of its equally immense mineral potential, to the point of inspiring other mining companies.
Australian AVZ Minerals has signed a memorandum of understanding to renovate the Mpiana-Mwanga hydroelectric power station for its future Manono lithium mine.
Canada's Ivanhoe Mines has also launched two renovation projects involving turbine 5 of the Inga II hydroelectric complex and the Mwadingusha hydroelectric power station, to supply 240 MW of renewable electricity to its large Kamoa-Kakula copper complex.
Emiliano Tossou
I don't know if this is a new MOU.
electricity
DRC: renewable energies will represent 93% of the energy mix at the Kibali gold mine by 2025
Creation date: January 31, 2023 11:08
(Agence Ecofin) - With more than 800,000 ounces of gold produced each year, Kibali is the largest gold mine in Africa. It is currently supplied with energy by three hydroelectric power stations with a combined capacity of 44 MW.
In the DRC, the share of renewable energies in the energy mix of the Kibali gold mine will reach 93% in 2025, compared to 81% currently. This was indicated Monday, January 30 Mark Bristow, CEO of Canadian Barrick Gold, the world's second largest gold producer and co-owner of the largest gold mine in Africa.
The company will indeed build a 17 MW solar power plant in addition to the three hydroelectric power plants that currently supply Kibali. These are Nzoro-1 and 2 and the Azambi hydroelectric plant, with a total capacity of 44 MW.
Kibali is therefore a successful example of how the immense hydroelectric potential of the DRC can support the exploitation of its equally immense mineral potential, to the point of inspiring other mining companies.
Australian AVZ Minerals has signed a memorandum of understanding to renovate the Mpiana-Mwanga hydroelectric power station for its future Manono lithium mine.
Canada's Ivanhoe Mines has also launched two renovation projects involving turbine 5 of the Inga II hydroelectric complex and the Mwadingusha hydroelectric power station, to supply 240 MW of renewable electricity to its large Kamoa-Kakula copper complex.
Emiliano Tossou
I don't know if this is a new MOU.
https://zoom-eco.net/developpement/...-separer-lintox-de-la-reflexion-constructive/
The pure aggression by the Chinese in this article is incredible to the point of threatening. They blame the Congolese for being ripped off in their mining contracts because China saved them from going broke back in the day.
The pure aggression by the Chinese in this article is incredible to the point of threatening. They blame the Congolese for being ripped off in their mining contracts because China saved them from going broke back in the day.
TDITD
Top 20
Jus noticed an article from 31/1/2023...
electricity
DRC: renewable energies will represent 93% of the energy mix at the Kibali gold mine by 2025
Creation date: January 31, 2023 11:08
(Agence Ecofin) - With more than 800,000 ounces of gold produced each year, Kibali is the largest gold mine in Africa. It is currently supplied with energy by three hydroelectric power stations with a combined capacity of 44 MW.
In the DRC, the share of renewable energies in the energy mix of the Kibali gold mine will reach 93% in 2025, compared to 81% currently. This was indicated Monday, January 30 Mark Bristow, CEO of Canadian Barrick Gold, the world's second largest gold producer and co-owner of the largest gold mine in Africa.
The company will indeed build a 17 MW solar power plant in addition to the three hydroelectric power plants that currently supply Kibali. These are Nzoro-1 and 2 and the Azambi hydroelectric plant, with a total capacity of 44 MW.
Kibali is therefore a successful example of how the immense hydroelectric potential of the DRC can support the exploitation of its equally immense mineral potential, to the point of inspiring other mining companies.
Australian AVZ Minerals has signed a memorandum of understanding to renovate the Mpiana-Mwanga hydroelectric power station for its future Manono lithium mine.
Canada's Ivanhoe Mines has also launched two renovation projects involving turbine 5 of the Inga II hydroelectric complex and the Mwadingusha hydroelectric power station, to supply 240 MW of renewable electricity to its large Kamoa-Kakula copper complex.
Emiliano Tossou
I don't know if this is a new MOU.
Not new, but even if it was Zijin would do as they did before and roll in with the snack wagon, throw mars bars at everything that moves aaaaaaaan hey presto another shitstorm.
TDITD
Top 20
Its slightly arousing isn't it, got a semi reading those tears masquerading as shit journalism
However its worse than Chinese rage, its a DRC citizen puppet in a rage, a fit of passionate defence of his lover and master, Chyna
check out the bottom of the page, Daniel Makila.
MoneyBags1348
Top 20
Poor old corrupt Chinese companies like Zigin getting desperate again after our recent campaigning. They are once again paying off the same corrupt media sources and anyone else they can to try and defend their indefensible fraudulent actions like the intended rip off of our (and the people of the DRC) rights to develop the Dathcom lithium project at Manono.
Talk about a desperate long winded piece of bullshit, possibly even instigated by the Chinese embassy.
Just shows that the shareholders here are winning the fight and time to keep the pressure on and keep exposing Chinese and other corruption
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Worse than aggressive.
Outright RACIST
@JAG or any of our other Twitter warriors could have some fun with that article.
Xerof
Flaming 1967
This was covered last year, but yes, the stupid kunts in Zijin AR writing and proof reading department transposed that tenement number in the report. Intentional or not, who gives a flying fuck.Sorry Flight…. The 12453 PE used to be a PR for COMFORCE and the 13247 was a PE for COMFORCE.
The 13 number is slightly different here though…. there is no 13427 listed
The two tenements you refer to are the big dark orange block on the left (and the smaller area inside) in this photo
View attachment 30712
La Cominière SA
That’s all I can contribute today. In Dubai recovering from catching every fucking virus in Europe, except Covid
Arsehole
JAG
Top 20
Sorry mate but I see a faint line there....
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