Share holders continue to be taken for a ride . Count down to no where. " Advanced Discussions" have been taking place for the past 2 years and still nothing . AGM will be interesting. No one will believe their rubbish this time .
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Winenut
Go AVZ!
Ffs, what do you want?Only thing you fellas need to do now is spell Automic…. not Atomic
Perfection?????
Next time I answer I'll polish my nails specially for you.
I hope that makes you feel very fukking special.
It's end of the week for me and I did alright on the market, so it's time for a drink.
MoneyBags1348
Top 20
Luv your work Cruiser
MoneyBags1348
Top 20
Last edited:
Bin59
Regular
Interesting article re the idea of an “Industry Code” …
mines.cd
MINES.CD - Leading Congolese media in the mining sector > Blog > CONTINUOUS >
Battery Metals Forum: The government invited to provide the DRC with a General Law that would be called the "Industry Code"
CONTINUOUS
Last updated: 2023/09/22 at 9:16
MinesPublished September 22, 2023
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The lanterns of the Battery Metals DRC-Africa forum died this Thursday, September 21, 2023 in Kinshasa, after two days of intense work. In several panels, exchanges were heated in view of the creation of wealth in the value chain of the battery metal industry in the Democratic Republic of Congo, the Republic of Zambia and Africa in general.
During these two days, discussions focused on several points mainly on the battery and metals industry to ensure a sustainable, transparent and responsible supply chain in the DRC, including the establishment of a reliable financial system for the valorization of the battery metal value chain; promoting the production of batteries as a springboard for economic development for the energy transition.
Also, the strengthening of regional cooperation through free trade agreements; the development of the battery industry in the DRC that will contribute to job creation and poverty reduction; and the linking of mobility projects, investors and EV manufacturers, were discussed.
After several explanations in the discussion panels that led to a clash of ideas, the Congolese DRC Battery Council (CCB) through its Deputy Director General, Vuko Kakule made a list of recommendations and guidelines by inviting the Government of the Republic and all actors to appropriate them.
These include:
- In accordance with the DRC mining code, the establishment of a General Industry Law that would be called the "Industry Code";
- Pool efforts between African states such as the DRC and Zambia and ensure that investments in the mining sector and the processing industry are effective for their knowledge, skills and technology in order to perpetuate the creation of wealth in the value chain of the battery metals industry in Africa in general and in the DRC in particular in a privileged partnership;
- Provide own means of mutualization between the DRC and Zambia while drawing inspiration from Chinese, European and American models;
— Pursue geological and mining research to improve knowledge of mineral resources;
- Measure and certify the mining deposit according to profitable processes and economic plans;
- Improve the governance of the mining sector by strengthening the capacities of state actors;
Forum Battery Metals: Le gouvernement invité à doter la RDC d'une Loi générale qui s'appellerait «code de l'industrie» - MINES.CD - Premier média congolais du secteur minier
Les lampions du forum Battery Metals DRC-Africa se sont éteints ce jeudi 21 septembre 2023 à Kinshasa, après deux jours d’intenses travaux. Dans plusieurs panels les échanges ont été houleux en perspective de la création des richesses dans la chaîne de valeur de l’industrie des métaux de...
mines.cd
MINES.CD - Leading Congolese media in the mining sector > Blog > CONTINUOUS >
Battery Metals Forum: The government invited to provide the DRC with a General Law that would be called the "Industry Code"
CONTINUOUS
Battery Metals Forum: The government invited to provide the DRC with a General Law that would be called "industry code"
Last updated: 2023/09/22 at 9:16
MinesPublished September 22, 2023
Share
The lanterns of the Battery Metals DRC-Africa forum died this Thursday, September 21, 2023 in Kinshasa, after two days of intense work. In several panels, exchanges were heated in view of the creation of wealth in the value chain of the battery metal industry in the Democratic Republic of Congo, the Republic of Zambia and Africa in general.
During these two days, discussions focused on several points mainly on the battery and metals industry to ensure a sustainable, transparent and responsible supply chain in the DRC, including the establishment of a reliable financial system for the valorization of the battery metal value chain; promoting the production of batteries as a springboard for economic development for the energy transition.
Also, the strengthening of regional cooperation through free trade agreements; the development of the battery industry in the DRC that will contribute to job creation and poverty reduction; and the linking of mobility projects, investors and EV manufacturers, were discussed.
After several explanations in the discussion panels that led to a clash of ideas, the Congolese DRC Battery Council (CCB) through its Deputy Director General, Vuko Kakule made a list of recommendations and guidelines by inviting the Government of the Republic and all actors to appropriate them.
These include:
- In accordance with the DRC mining code, the establishment of a General Industry Law that would be called the "Industry Code";
- Pool efforts between African states such as the DRC and Zambia and ensure that investments in the mining sector and the processing industry are effective for their knowledge, skills and technology in order to perpetuate the creation of wealth in the value chain of the battery metals industry in Africa in general and in the DRC in particular in a privileged partnership;
- Provide own means of mutualization between the DRC and Zambia while drawing inspiration from Chinese, European and American models;
— Pursue geological and mining research to improve knowledge of mineral resources;
- Measure and certify the mining deposit according to profitable processes and economic plans;
- Improve the governance of the mining sector by strengthening the capacities of state actors;
- Etc.
Christian Okende
Where is the Mining License? AVZ BoD being run in circles. High pay no results .At the AGM they must speak the truth about their failure.
Winenut
Go AVZ!
Carlos Danger
Top 20
Carlos Danger
Top 20
The mining licence was cancelled without any legal basis in an act of the prince. Conflicts between shareholders of a JV as a reason for cancellation of a granted PE is not listed in the DRC Mining Code. The reasons allowed for forfeiture are the 'non- payment of surface rights' and 'the non-start of the works' which is not the case for Dathcom.
Article 48 of the DRC mining code states 'The mining and/or quarry rights may be withdrawn or brought back, without retroactive effect, by the granting authority in the event of illegality during the granting, in three months following the publication of the award decision in the Official Journal or, failing that, within three months following the date of becoming aware of its existence, either at the request of an injured third party, or at the granting authority initiative.' None of these apply either.
The cadastral, environmental, technical and compliance favourable opinions remain valid to this day and have never been declared illegal and no reason or illegality in the granting procedure has emerged. This is completely abnormal and legally untenable.
Not sure what else you want AVZ management to do other than seek a remedy through international arbitration unless you want to give control of Manono to China. Maybe I answered my own question just now as well as yours.
Winenut
Go AVZ!
One of the most correct, elegant and respectful responses I have seen in history........... given to a complete fucking troll
Kudos Carlos
LithiumKing
Regular
Carlos Danger
Top 20
Penskefile
Regular
It reads: “DRC Africa Battery Metals Forum - corrupt piece of shit Kibeya makes complete arse of himself“
Bin59
Regular
To remind:
Sale of the mining assets of Cominière SA: Technical director Célestin Kibeya accused of complicity and usurpation of competence
Congolese civil society organizations and platforms specializing in mining issues (Justicia Asbl, LICOCO, RND Asbl, POM, MDR, GANVE, CDH, ESPOIR ONG, RCEN, CERN/CENCO, TPRDC, MAX IMPACT), monitoring exploitation of natural resources in the Democratic Republic of Congo, accused, in a press release, the technical director Célestin Kibeya Kabemba of being no stranger to the selling off of the mining assets of the Congolese mining company (Cominière SA).
Worse still, the man exercises the functions of interim Director General without presidential order, nor decree of the ministry of supervision, that of the Portfolio, even less a report of the Board of directors.
"Already on October 26, 2022, when the interim Managing Director Mwamba Athanase was not yet in the hands of Congolese justice, the same Mr. Kibeya had co-signed as '' Managing Director ai '' on behalf of Cominière SA a press release press attributed to UNITED COMINIERE SAS with Eric Allard, a convicted person in Lubumbashi for forgery and use of forgery, and Michel Kitwa Nelkin. “, denounce these NGOs.
These structures draw the particular attention of the President of the Republic, Félix Félix Tshisekedi and the Prime Minister, Jean-Michel Sama Lukonde to these facts. "Mr. Célestin Kibeya is one of the key players in the sale of Cominière SA shares to Jin Cheng Mining Company Limited (a subsidiary of Zijin) and the undervaluation of the market value castigated by the General Inspectorate of Finance ( IGF) and for which Mr. Mwamba is the only one warned to date, while several elements demonstrate internal teamwork at Cominière SA. “, warn these civil society structures.
Bradage des actifs miniers de la Cominière SA : Le directeur technique Célestin Kibeya accusé de complicité et d’usurpation de compétence – Congo nouveau
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