We do by ignoring the crap and getting on with our lives.
AVZ Discussion 2022
- Thread starter GazDix
- Start date
We do by ignoring the crap and getting on with our lives.
Point Piper Dealer
Member
Geo_au you mentioned on HC that the board are all in the DRC, where did you hear that from?
kron
Regular
Perhaps. His Twitter info showed he's a journalist which is why I posted.
Frank
Top 20
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MoneyBags1348
Top 20
Wombles I think you should just stick to letting Joni Mitchell right her own lyrics, and for the record the TO anchor offer was set by @Winenut at $12 and that excluded the premium offer for fuckzijin.
What I find suspect is why j.l decided to throw in an article by geopolismagazine.net that is over 6 weeks old to try and scare investors. Looks like it’s worked on some
That same magazine released several articles backing Guy Loando Mboyo who we know is sus, own’s a tenement just north of CDL (through his company Widal Mining), was nominated to be on AVZ’s BOD by Dathomir, has links to Mupande, Cong, David Du Wei, Cominiere and a number of Chinese companies and has been rumoured several times to be conspiring against AVZ.
I appreciate @Carlos Danger continuing to add facts, that’s what it’s all about after all.
@Spikerama in regards to your comment earlier today, I have put something together you can give to your media outlets should the need arise ahead of the DRC - AFRICA Battery Metals 2023 event (already translated into French by a friend of mine)
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Azzler
Top 20
I think it's past the point where it matters, but still I think it's wise for the moment not to advertise publicly the whereabouts of Nige or the BoD.
Use PMs if you want to ask someone.
Xerof
Have a Cigar 1975
Yes, but only crickets since he posted.
Another example of this site questioning all the bullshit put on SM, so the gullible don't get depressed, eh @geo_au
@MoneyBags1348 re the geopolitics article, it was fuck'n Jens who posted that, 6 weeks after we had already been there and sorted that shit out.
I pointed this out to him - fuck'n crickets as usual
I think the DRC news flows run like a talk-back radio station - they have a loop that delays the live action - in their case it seems to be about 6 weeks
Frank
Top 20
Article 18.3 TERMINATION BY COMINIERE SA
a) In the event of serious and persistent non performance of this contract by AVZ, Cominiere SA will give it formal notice to perform.
No need to look at any other clause but the one above.
AVZ received 3 favourable opinions to be awarded the ML, got to the ML decree stage, was waiting to pay surface rights then the rug was pulled from under them by members of Cominiere SA and ML decree was rescinded......nothing AVZ could do but wait....and wait........and wait, 15 months and counting !!
That contract should be in reverse, AVZ should have the right to give formal notice to Cominiere SA for serious and persistant non performance !!
RD mine should have been nearly constructed by now, production " imminent ".
Cominiere SA are sole responsible for millions upon millions of dollars a day DRC coffers are missing out on due to their corrupt activities, its clear as day, IGF report confirms................yet FT is only interested in getting re elected....
Its completely fucked up !!
Cominiere / Zijin havnt got a hope in hell of winning ICC arbitration / ISCID
Even a dumb tradie like me can see that.
Yet the muppet show continues.........
They are not, infact they've ignored their repeated requests to negotiate and that is frustrating them.
FilthyRich2
Regular
AVZ Gets a Good mention in this article not Cominiere - as they add f**K all value to JV, and should be removed
Lithium is a key metal used in batteries for electric vehicles and essential for the energy transition. Africa has considerable resources, amounting to 5% of the world's total reserves. Here are the ten largest mines of this precious metal on the continent.
As the auto industry shifts to electric vehicles, lithium-rich African countries, such as Zimbabwe and Namibia, are poised to benefit from increased global demand. Countries such as the DRC and Zambia have also decided to invest in the production of electric batteries. The Nigerian authorities have just given concessions to the Canadian mining company Thor Explorations for the exploitation of the green metal.
African lithium is of particular interest to China and the United States, which compete in this economic field. Lithium production is expected to increase more than 30-fold by 2027, accounting for 12% of global supply. Mali, the Democratic Republic of Congo and Zimbabwe are among the African countries expected to become the main producers of this metal in the coming years.
The African top 10
Energy Capital & Power, Africa's leading energy investment platform, has compiled a list of the 10 largest lithium mines in Africa.
The Arcadia project, Zimbabwe, located 38 km east of Harare, the capital, hosts lithium reserves of 42.3 million tonnes, considered one of the largest hard rock lithium resources in the world. The project was 87% bought by Chinese mining company Zhejiang Huayou Cobalt in 2022. The group is expected to invest about $300 million to build the mine and install a plant with a processing capacity of about 4.5 million tons of ore per year. The objective is to be able to produce up to 400,000 tons of lithium concentrate annually.
The mine in Bikita, Zimbabwe, is the country's main site. Following its acquisition by the Chinese mining group Sinomine Resource Group, the construction of a double lithium processing plant should lead to an annual production of up to 300,000 tons of spodumene concentrate, a mineral of the silicate class, pyroxene family, and 480,000 tons of petalite, another mineral of the silicate family.
The Blesberg lithium tantalum mine, South Africa, contains between 250,000 and 400,000 tonnes of lithium. It is owned by the mining company Marula Mining. The first shipment of lithium ore was undertaken in January 2023.
The Bougouni project, Mali, with an estimated resource of 236,500 tonnes of lithium oxide, is expected to be developed as a conventional open-pit mine. A processing facility, under development by UK-based Kodal Minerals, is currently being designed to process two million tonnes of lithium ore per year. Kodal Minerals signed a memorandum of understanding with engineering and construction company Sinohydro in September 2020 to co-develop the project.
The Ewoyaa project, Ghana, set to become Ghana's first lithium-producing mine, has an estimated mineral resource of 35.3 million tonnes. With production scheduled for the end of 2024, the project is being developed by Australia's Atlantic Lithium, and is expected to have a lifespan of 12.5 years. With an initial investment of $125 million, it will use conventional open-pit mining methods.
The Goulamina project, Mali, is located about 150 km from Bamako, the capital. The project is expected to produce 142.3 million tonnes of lithium oxide at 1.38% over 21 years. Developed and operated through a joint venture between Australian mining companies Leo Lithium and China's Jiangxi Ganfeng Lithium, the total capital cost of the project will exceed $320 million and will target spodumene concentrate production in the first half of 2024.
The Karibib project, Namibia, with an estimated total production of 773,000 tonnes of lithium over 14 years. The lithium concentrate produced from the mine will be shipped to a planned chemical plant with a production capacity of 56,700 tonnes per year of lithium concentrate in the UAE. The Karibib project is owned and operated by the Australian company Lepidico.
The Manono project, Democratic Republic of Congo, is operated by Australian mineral exploration company AVZ Minerals. It is expected to produce about 700,000 tons per year of high-grade lithium over the mine's 20 years of operation. The project is expected to have an investment of approximately $545.5 million and will target an estimated mineral resource base of 401 million tonnes of lithium oxide.
The Manono Tailings project, Democratic Republic of Congo, has an initial mineral resource estimate of 5.46 million tonnes. The project will include 11 deposits and is expected to reach production of 100,000 tons per year of concentrate, put on the international market by 2025.
The Zulu lithium/tantalum project, Zimbabwe, is considered the largest undeveloped lithium site in Zimbabwe. It will comprise 14 mining concessions covering an area of approximately 2.5 km2. Owned by mining company Premier African Minerals, the project will target an inferred mineral resource of 526,000 tonnes of lithium carbonate equivalent. The mine began production in the first quarter of 2023 and will see the development of a pilot plant with a capacity of 50,000 tons per year by Chinese research and development company Suzhou TA&A Ultra Clean Technology.
With Sputniknews Africa
Eco News DRC / MCP, via mediacongo.net
Actualité | Les 10 plus grandes mines de lithium d’Afrique, ce métal très convoité | mediacongo.net
Le lithium est un métal clé utilisé dans les batteries pour véhicules électriques et essentiel pour la transition énergétique. L’Afrique...
www.mediacongo.net
Lithium is a key metal used in batteries for electric vehicles and essential for the energy transition. Africa has considerable resources, amounting to 5% of the world's total reserves. Here are the ten largest mines of this precious metal on the continent.
As the auto industry shifts to electric vehicles, lithium-rich African countries, such as Zimbabwe and Namibia, are poised to benefit from increased global demand. Countries such as the DRC and Zambia have also decided to invest in the production of electric batteries. The Nigerian authorities have just given concessions to the Canadian mining company Thor Explorations for the exploitation of the green metal.
African lithium is of particular interest to China and the United States, which compete in this economic field. Lithium production is expected to increase more than 30-fold by 2027, accounting for 12% of global supply. Mali, the Democratic Republic of Congo and Zimbabwe are among the African countries expected to become the main producers of this metal in the coming years.
The African top 10
Energy Capital & Power, Africa's leading energy investment platform, has compiled a list of the 10 largest lithium mines in Africa.
The Arcadia project, Zimbabwe, located 38 km east of Harare, the capital, hosts lithium reserves of 42.3 million tonnes, considered one of the largest hard rock lithium resources in the world. The project was 87% bought by Chinese mining company Zhejiang Huayou Cobalt in 2022. The group is expected to invest about $300 million to build the mine and install a plant with a processing capacity of about 4.5 million tons of ore per year. The objective is to be able to produce up to 400,000 tons of lithium concentrate annually.
The mine in Bikita, Zimbabwe, is the country's main site. Following its acquisition by the Chinese mining group Sinomine Resource Group, the construction of a double lithium processing plant should lead to an annual production of up to 300,000 tons of spodumene concentrate, a mineral of the silicate class, pyroxene family, and 480,000 tons of petalite, another mineral of the silicate family.
The Blesberg lithium tantalum mine, South Africa, contains between 250,000 and 400,000 tonnes of lithium. It is owned by the mining company Marula Mining. The first shipment of lithium ore was undertaken in January 2023.
The Bougouni project, Mali, with an estimated resource of 236,500 tonnes of lithium oxide, is expected to be developed as a conventional open-pit mine. A processing facility, under development by UK-based Kodal Minerals, is currently being designed to process two million tonnes of lithium ore per year. Kodal Minerals signed a memorandum of understanding with engineering and construction company Sinohydro in September 2020 to co-develop the project.
The Ewoyaa project, Ghana, set to become Ghana's first lithium-producing mine, has an estimated mineral resource of 35.3 million tonnes. With production scheduled for the end of 2024, the project is being developed by Australia's Atlantic Lithium, and is expected to have a lifespan of 12.5 years. With an initial investment of $125 million, it will use conventional open-pit mining methods.
The Goulamina project, Mali, is located about 150 km from Bamako, the capital. The project is expected to produce 142.3 million tonnes of lithium oxide at 1.38% over 21 years. Developed and operated through a joint venture between Australian mining companies Leo Lithium and China's Jiangxi Ganfeng Lithium, the total capital cost of the project will exceed $320 million and will target spodumene concentrate production in the first half of 2024.
The Karibib project, Namibia, with an estimated total production of 773,000 tonnes of lithium over 14 years. The lithium concentrate produced from the mine will be shipped to a planned chemical plant with a production capacity of 56,700 tonnes per year of lithium concentrate in the UAE. The Karibib project is owned and operated by the Australian company Lepidico.
The Manono project, Democratic Republic of Congo, is operated by Australian mineral exploration company AVZ Minerals. It is expected to produce about 700,000 tons per year of high-grade lithium over the mine's 20 years of operation. The project is expected to have an investment of approximately $545.5 million and will target an estimated mineral resource base of 401 million tonnes of lithium oxide.
The Manono Tailings project, Democratic Republic of Congo, has an initial mineral resource estimate of 5.46 million tonnes. The project will include 11 deposits and is expected to reach production of 100,000 tons per year of concentrate, put on the international market by 2025.
The Zulu lithium/tantalum project, Zimbabwe, is considered the largest undeveloped lithium site in Zimbabwe. It will comprise 14 mining concessions covering an area of approximately 2.5 km2. Owned by mining company Premier African Minerals, the project will target an inferred mineral resource of 526,000 tonnes of lithium carbonate equivalent. The mine began production in the first quarter of 2023 and will see the development of a pilot plant with a capacity of 50,000 tons per year by Chinese research and development company Suzhou TA&A Ultra Clean Technology.
With Sputniknews Africa
Eco News DRC / MCP, via mediacongo.net
Officially from AVZ.
Xerof
Have a Cigar 1975
or E, but you're probably right Retro
I noticed you didn't include the ML for obvious reasons . Why return to OZ if the ML was imminent . I am curious to know why over the past few days the focus by the usual suspects on Twitter has shifted toward ICC/ ICSID ? Either way (A or B ) it's time for Nigel to address SH . IMO
We tradies are not that dumb we bought AVZ ,Article 18.3 TERMINATION BY COMINIERE SA
a) In the event of serious and persistent non performance of this contract by AVZ, Cominiere SA will give it formal notice to perform.
No need to look at any other clause but the one above.
AVZ received 3 favourable opinions to be awarded the ML, got to the ML decree stage, was waiting to pay surface rights then the rug was pulled from under them by members of Cominiere SA and ML decree was rescinded......nothing AVZ could do but wait....and wait........and wait, 15 months and counting !!
View attachment 43077
That contract should be in reverse, AVZ should have the right to give formal notice to Cominiere SA for serious and persistant non performance !!
RD mine should have been nearly constructed by now, production " imminent ".
Cominiere SA are sole responsible for millions upon millions of dollars a day DRC coffers are missing out on due to their corrupt activities, its clear as day, IGF report confirms................yet FT is only interested in getting re elected....
Its completely fucked up !!
Cominiere / Zijin havnt got a hope in hell of winning ICC arbitration / ISCID
Even a dumb tradie like me can see that.
View attachment 43079
Yet the muppet show continues.........
View attachment 43080
Chilla
Regular
No TO. ICC likely withdrawn should move forward resolution get inked in coming weeks imo. Pending ICC should certainly be motivating DRC to get this resolved before the dirty laundry of previous officials gets hung on the line just before elections
Ejaculating on a Sunday, a day of God, is a sin. You will have to wait till Monday.
But there is more to this, you are a lucky man from NZ, your Monday is sooner than for us in Oztralia.
Always look for positives.
Fuk Zijin
PAINAPPLE
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