AVZ Discussion 2022

Samus

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#Manono #Lithium Point of view of Mr @TonyBolamba, ex-governor of Ecuador: "By closely examining this matter in my humble opinion I understand that @AvzMinerals is right"


I am a statesman and one of the few who interact. Looking closely at this matter in my humble opinion I understand that AVZ is right. In the next few days I will be at a press conference where I will discuss various issues affecting the State. Believe me that #AVZ will be brought up! TCB
 
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Samus

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#RDC In 1960, our parents fought to give us independence. Today, we must fight against the economic and financial colonization imposed on us by internal and external predators in order to bequeath to our children a country where it will be good to live.
 
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Thunderpony

27 µg per 100 mL
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JNRB

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After the Chinese spy balloons, Washington ready to shoot down the Chinese contract in the DRC​

February 24, 2023 TIGHANA MASIALA 0
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The IGF Jules Alingete, the man who shakes up Chinese interests in Congolese mines
The publication by the General Inspectorate of Finance (IGF) of the report on the Chinese contract, signed in 2008 between the Democratic Republic of Congo and a group of Chinese companies, brought back to Congolese soil the great economic battle being waged by the United States and China globally. In Kinshasa and everywhere else, certain observers suspect an American influence behind the action carried out by the IGF. It is therefore not for nothing that the Chinese Embassy in the DRC did not wait long to react to what it describes as "prejudices" of the IGF, considering that the content "does not correspond to reality and "cannot be considered credible and has no constructive value". That says it all. This means that after the controversy surrounding the Chinese spy balloons intercepted over American skies, Washington seeks to shoot down the Chinese contract in the DRC. Main ally of the United States, the European Union delegated, last Tuesday, to the Minister of Mines, Antoinette N'Samba Kalambayi, its head of the Delegation in the DRC, Jean-Marc Châta Everything is explained.
Earlier this year, the world learned via a press release from the United States Department of Defense that an unidentified spy balloon was spotted and shot down over North American airspace.
Beijing, for its part, said that Washington also sent balloons to spy on its airspace.
Indeed, the diplomatic tension, generated by this affair of the spy balloons, has come to poison the already tense relations between the two countries in recent years.
As the balloon saga continues globally, in the Democratic Republic of Congo, it's the latest IGF report on the 2008 Chinese contract that fuels the headlines.Nicknamed "contract of the century", designed on the win-win model, according to its initiators, the conclusions of the IGF have highlighted a predatory enterprise where the interests of the DRC have been totally
In reality, it is the Chinese presence in the mines of the DRC which is called into question. For what interest?Who benefits from this IGF report? So many questions that torment the minds.
Coincidence or simple coincidence? No one can establish the correlation. However, the last trips made by Jules Alingete, boss of the IGF, to the land of Uncle Sam, prompts reflection. And especially when we know the intentions of Washington on the strategic minerals of the DRC, in the context of the upheaval of the current world order.
DRC, battlefield between Washington and Beijing
Between the two countries, the battle is fought over global hegemony. The world's leading economic power, the United States is lagging behind China, in terms of access to strategic minerals for which the DRC has a good natural endowment. However, in Congolese mines, Beijing has a serious advantage, by ensuring control of the copper and cobalt sectors.Just recently, China has again got its hands on the zinc of Upper Katanga, not counting Manono lithium, in Tanganyika province, for which China is fighting to properly position its mining major, ZijinMining Company.
This means that the United States is in a catch-up strategy by over cutting China's interests in Congolese mines. Washington uses all the means at its disposal which, for some, would also include the IGF.
One thing is true: Washington will not let China or Russia control the immense mining resources of the DRC. It is ready to fall back on all the maps at its disposal.
From this point of view, it would therefore not be impossible for Washington to have pushed Jules Alingete to dig up the old disputes around these 2008 contracts in order to discredit the Chinese and, in turn, the supporters of the then regime, now opponents. On the eve of the elections, the strategy would pay off to the regime in place in Kinshasa. The objective could be multiple, including ousting the Chinese, deterring Russia and creating a boulevard facilitating the victory of the current regime in the next elections.
A great ally of the United States, the European Union is already working with the Congolese Government. Last Tuesday, Jean-Marc Châtaigner, Head of the EU Delegation in the DRC, went to meet with the National Minister of Mines, Antoinette N'Samba Kalambayi.Objective of the exchanges: to achieve the construction of a strategic partnership in the processing of the minerals of the DRC. A way to already put in place the elements of the puzzle to better
CF
Renegotiation of the Chinese contract: the IGF Jules Alingete, Washington's armed arm to eat the Chinese?

On September 20, 2022, while the 77th UN Ordinary Session was held in New York, Jules Alingete received in the same city the "Forbes Best of Africa 2022" award instituted by the American magazine Forbes, founded by Bertie Charles Forbes in 1917. head office is located on 5th Avenue in New York. Its annual ranking identifies the most successful companies and the most famous personalities in the world. We give it to you in a thousand: he was awarded the famous "Forbes Best of Africa 2022" Prize in New York. Still by chance? While those who can respond practice there, the "additional investigation" required by the IGF the day before the "United States/Africa" summit in mid-December 2022 should be noted.
Is it a coincidence? Not at all, because in April 2022, Jules Alingete participated in a North-South Investment Forum organized by Anthony Lebukse in Houston with the theme "Insto draw inspiration from the American model to boost the industrialization of the Congo area". The stated objective was "the rapprochement between Congolese decision-makers and American investors, the mixing of business opportunities between the countries of North America and those of the Congo basin, as well as the strengthening of the American economic presence in Congo".
Of course, there was talk of mining in the DRC with, in the background, the reinterpretation of the Sino-Congolese contract.
In August 2022, passing through Kinshasa as part of the Eastern Crisis, US Secretary of State Antony Blinken alluded to it. In the State Department's statement setting the opinion on this visit, the spokesman stressed that "the United States supports the decision of the DRC government to review mining contracts and greater accountability in the sector" and encourages "the DRC to continue its collaboration and work on tax transparency, labor rights and compliance with environmental, social and governance standards for the mining sector". Indeed, since almost the announcement of the signing of the Sino-Congolese contract in 2007, Washington has never appreciated what is considered a "Chinese intrusion" into mining in the DRC, an activity monopolized by Western companies for more than a century.
To do this, continue the spokesman for the State Department, Washington made USD 30 million available to Kinshasa "to help the DRC promote responsible and sustainable mining practices".
And now, in September 2022, on a 60-day investigation mission in the former Katanga, an IGF team will not only summon the IGF's general management without delay, but will also decide on the suspension of customs exemption duties when it had neither the competence nor the right.
Where was he, Jules Alingete, when his team was violating all established rules? The observation to which all these coincidences lead makes a black hand suspected in the bravado of the IGF. She would be American that no one would suspect.




However, the Congolese have realized this for themselves: since the 1985s, there have been no large-scale European or American investments in this country. Worse, the political transition that began in 1990 with the false massacre of students on the Lubumbashi University campus (born in 1963, Jules Alingete was 27 at the time) had led to the suspension of structural cooperation. Worse, the AFDL war followed by the assassination of Laurent-Désiré Kabila as well as the advent of Joseph Kabila in full "balcanization" - since each belligerent independently administered the territory under his control - was a good pretext for Westerners to accentuate disinvestment.
It was finally the Sino-Congolese contract that restored faith and boosted the morale of the Congolese in their country to the great displeasure, unfortunately of the Congolese and foreign forces acquired in the dismemberment scheme.
From there to assume the instrumentalization - perhaps voluntary, perhaps non-voluntary - of the IGF to punish the Chinese for preventing the "balkanization" plan from being realized - there is only one quick step.
Enough to encourage, or rather urge Jules Alingete and all those who, consciously or unconsciously, participated in the black mass on February 15, 2023 to "eat Chinese", to learn to be wary of the gift of modern-day Greeks.
SM (Tribune from yabisonews.cd)

If any article reading relies on "it's not impossible" for it's core premise, it's a conspiracy theory, not journalism
 
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Nigel has repeatedly said that ownership wasn't an issue with the licence. He is clear in his letter to the MoM that he wants the initial decrees to stand. If this was just about the MoM covering herself for being involved with the illegal sale of the 15% from Cominiere to Zijin then surely Nigel would welcome that.

And the idea that the MoM is breaking the law in a far more obvious way by illegally cancelling lawful decrees using justifications that aren't in the mining code to override a smaller previous error just doesn't make sense to me. The MoM was more than happy with the ownership situation when she issued the initial decrees. At the end of the day AVZ control Dathcom so the validity of the 'disputed' 15% shouldn't impact whether the project can move forward.

Something has changed. Most likely the MoM in her role as technical guardian of the public company of Cominiere is trying to facilitate their attempt to sell off a state asset. Which would be either the 15% of Dathcom or the northern 82 carrés of PE13359 that Zijin wanted in their offer to Cominiere that was set to expire less than 1 month before the MoM issued the new decrees imo

am-i-taking-crazy-pills-gif-3.gif
 
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Winenut

TROLLS LIVE IN BASEMENTS WITH THEIR MUMS
Went to HC to find more info on JAGS post. What a toxic bunch of assholes. Started my first ever thread.
Sorry late to the party...... but that is fucking gold!!!
 
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ptlas

Regular
I so wanna tell Hoots that Freehold is busy with he’s EX WIFE 🍆….

I know he’s grudge with DRC but FFS….

GLTAH
Does anyone know why Freehold disappeared from here and the crapper around the time the suspension started?
 
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whales

Regular
Mate all of it stinks like shit to the heaven!
One thing is sure, giving us back the complete area for a PE was not the intention of the MoM. I believe in this case she would inform AVZ.

Tomorrow ends the 30 days deadline for issuing a decree after getting a favourable technical decision.
With the typical delay of 9 days until we receive a information we are on the 8th march.

If we dont get a new decree until then or latest in the week until the 17th march the MoM gives again a big fuck about the laws.
Which is definitely not a positive thing for us.

How do you get a government to obey the law if they don't respect it? Sadly, zijin certainly has the right answer for this.
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.
 
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Mate all of it stinks like shit to the heaven!
One thing is sure, giving us back the complete area for a PE was not the intention of the MoM. I believe in this case she would inform AVZ.

Tomorrow ends the 30 days deadline for issuing a decree after getting a favourable technical decision.
With the typical delay of 9 days until we receive a information we are on the 8th march.

If we dont get a new decree until then or latest in the week until the 17th march the MoM gives again a big fuck about the laws.
Which is definitely not a positive thing for us.

How do you get a government to obey the law if they don't respect it? Sadly, zijin certainly has the right answer for this.
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.
 
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Flight996

Regular
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
 
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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

I’m pretty sure they are new PE numbers…. Not listed before
 
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Flight996

Regular
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

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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
~40 km wsw of 13359
 
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BEISHA

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Does anyone know why Freehold disappeared from here and the crapper around the time the suspension started?
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.......

genie in a bottle.gif


Then he was gone.


Freehold was a good poster, but i for one aint losing any sleep in his absence........;)


imo
 
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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

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

8C1EB8E5-5996-429D-BD7C-D9B9E263E399.jpeg


 
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Flight996

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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

Thanks mate. Excellent work.

Cheers
 
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Max

Emerged
Thanks to all that post here
 
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cruiser51

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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​

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.
 
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Remark

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The embedded link in the article shows the date as 15th January 2020 unfortunately...

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Dazmac66

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