AVZ Discussion 2022
- Thread starter GazDix
- Start date
It is becoming painfully clear even the Congolese people are losing patience with their parliamentarians, who live in a world of their own.
Let's have another forum in Paris, the weather in autumn is still nice!
If Felix wants to make a master stroke to get re-elected he should issue the bloody mining license!
BRICK
Regular
Anyone else getting Manono in the goolgle maps when they open this page?
cominiere.cd
La Cominière SA
cominiere.cd
BRICK
Regular
Days are numbered. Pretty embarressing for the government to lose his shit in a public forum. (Apologies if already posted)
https://geopolismagazine.net/drc-af...eu-75-des-parts-dans-dathcom-en-liquidation/#
The creation of a battery metal value chain will help Africa in general and the Democratic Republic of Congo (DRC) achieve its long-term vision. To achieve the African Union Agenda 2063 of creating “the Africa we want”, it is important that the continent commits to creating a battery metals value chain. As one of the leading producers
global battery metals including cobalt and very soon lithium from Manono, the DRC is the key to realizing this vision. On Wednesday, September 20, around 1 p.m. Kinshasa time, during the session dedicated to stakeholder interventions entitled “What you need to know about the batteries and metals industry”, Mr. Serge Ngandu, Director of Corporate Affairs of AVZ Minerals RDC, presenting the project to the audience, declared, regarding the Manono lithium project, that “discussions are very advanced with the Government of the DRC today on this very sustainable project, economically profitable with a clear vision on clean energy and community development.” And continued: “AVZ is committed to developing the Manono project according to the highest ESG standards and becoming a significant contributor to the global lithium-ion battery value chain. ”
Before this exercise, Mr. Serge Ngandu had started by presenting the DATHCOM MINING SA project to the investors present in the room but unfortunately, he had expressly talked about the para-public COMINIERE SA.
An attitude which provoked the anger of Célestin Kibeya Kabemba, formerly its General Director present in the Capitol of the Kin Plazza by Rotana hotel like all the other partners, investors, experts and researchers interested in this mega project.
Taking the first floor in the part devoted to the question and answer game, the boss of COMINIERE SA promptly asked (demanded) the Director of Corporate Affairs of AVZ to correct his remarks and above all, not to ignore the existence of COMINIERE SA as representative of the interests of the Congolese State in the Manono project. Before asserting that DATHCOM has already been legally dissolved. The same applies to the termination of the Joint Venture contract between AVZ and DATHCOM MINING SA, which is in the process of being liquidated for the benefit of COMINIERE SA since April 4, 2023. But unfortunately, maintains the CEO Célestin Kibeya, M Serge Ngandu hid this today from the participants of the DRC Africa Battery Metals Forum. “AVZ never had 75% of the shares in DATHCOM MINING SA,” he insisted.
It should be noted that Congolaise de l'exploitation minière, acronym COMINIERE SA, is a limited commercial company under OHADA business law. It is a young company created on April 12, 2010 following the decision of the General Assembly of shareholders namely, the Ministry of the Portfolio and the National Institute of Social Security (INSS), currently the National Social Security Fund (CNSS) . The share capital of COMINIERE SA is 90% held by the Congolese State through the Ministry of Portfolio and 10% by the CNSS.
Dieudonné Buanali
DRC Africa Battery Metals Forum: Célestin Kibeya reframes Serge Ngandu on the Manono lithium file – AVZ never had 75% of the shares in DATHCOM in liquidation
https://geopolismagazine.net/drc-af...eu-75-des-parts-dans-dathcom-en-liquidation/#
The creation of a battery metal value chain will help Africa in general and the Democratic Republic of Congo (DRC) achieve its long-term vision. To achieve the African Union Agenda 2063 of creating “the Africa we want”, it is important that the continent commits to creating a battery metals value chain. As one of the leading producers
global battery metals including cobalt and very soon lithium from Manono, the DRC is the key to realizing this vision. On Wednesday, September 20, around 1 p.m. Kinshasa time, during the session dedicated to stakeholder interventions entitled “What you need to know about the batteries and metals industry”, Mr. Serge Ngandu, Director of Corporate Affairs of AVZ Minerals RDC, presenting the project to the audience, declared, regarding the Manono lithium project, that “discussions are very advanced with the Government of the DRC today on this very sustainable project, economically profitable with a clear vision on clean energy and community development.” And continued: “AVZ is committed to developing the Manono project according to the highest ESG standards and becoming a significant contributor to the global lithium-ion battery value chain. ”
Before this exercise, Mr. Serge Ngandu had started by presenting the DATHCOM MINING SA project to the investors present in the room but unfortunately, he had expressly talked about the para-public COMINIERE SA.
An attitude which provoked the anger of Célestin Kibeya Kabemba, formerly its General Director present in the Capitol of the Kin Plazza by Rotana hotel like all the other partners, investors, experts and researchers interested in this mega project.
Taking the first floor in the part devoted to the question and answer game, the boss of COMINIERE SA promptly asked (demanded) the Director of Corporate Affairs of AVZ to correct his remarks and above all, not to ignore the existence of COMINIERE SA as representative of the interests of the Congolese State in the Manono project. Before asserting that DATHCOM has already been legally dissolved. The same applies to the termination of the Joint Venture contract between AVZ and DATHCOM MINING SA, which is in the process of being liquidated for the benefit of COMINIERE SA since April 4, 2023. But unfortunately, maintains the CEO Célestin Kibeya, M Serge Ngandu hid this today from the participants of the DRC Africa Battery Metals Forum. “AVZ never had 75% of the shares in DATHCOM MINING SA,” he insisted.
It should be noted that Congolaise de l'exploitation minière, acronym COMINIERE SA, is a limited commercial company under OHADA business law. It is a young company created on April 12, 2010 following the decision of the General Assembly of shareholders namely, the Ministry of the Portfolio and the National Institute of Social Security (INSS), currently the National Social Security Fund (CNSS) . The share capital of COMINIERE SA is 90% held by the Congolese State through the Ministry of Portfolio and 10% by the CNSS.
Dieudonné Buanali
MoneyBags1348
Top 20
Days are numbered. Pretty embarressing for the government to lose his shit in a public forum. (Apologies if already posted)
DRC Africa Battery Metals Forum: Célestin Kibeya reframes Serge Ngandu on the Manono lithium file – AVZ never had 75% of the shares in DATHCOM in liquidation
https://geopolismagazine.net/drc-af...eu-75-des-parts-dans-dathcom-en-liquidation/#
The creation of a battery metal value chain will help Africa in general and the Democratic Republic of Congo (DRC) achieve its long-term vision. To achieve the African Union Agenda 2063 of creating “the Africa we want”, it is important that the continent commits to creating a battery metals value chain. As one of the leading producers
global battery metals including cobalt and very soon lithium from Manono, the DRC is the key to realizing this vision. On Wednesday, September 20, around 1 p.m. Kinshasa time, during the session dedicated to stakeholder interventions entitled “What you need to know about the batteries and metals industry”, Mr. Serge Ngandu, Director of Corporate Affairs of AVZ Minerals RDC, presenting the project to the audience, declared, regarding the Manono lithium project, that “discussions are very advanced with the Government of the DRC today on this very sustainable project, economically profitable with a clear vision on clean energy and community development.” And continued: “AVZ is committed to developing the Manono project according to the highest ESG standards and becoming a significant contributor to the global lithium-ion battery value chain. ”
Before this exercise, Mr. Serge Ngandu had started by presenting the DATHCOM MINING SA project to the investors present in the room but unfortunately, he had expressly talked about the para-public COMINIERE SA.
An attitude which provoked the anger of Célestin Kibeya Kabemba, formerly its General Director present in the Capitol of the Kin Plazza by Rotana hotel like all the other partners, investors, experts and researchers interested in this mega project.
Taking the first floor in the part devoted to the question and answer game, the boss of COMINIERE SA promptly asked (demanded) the Director of Corporate Affairs of AVZ to correct his remarks and above all, not to ignore the existence of COMINIERE SA as representative of the interests of the Congolese State in the Manono project. Before asserting that DATHCOM has already been legally dissolved. The same applies to the termination of the Joint Venture contract between AVZ and DATHCOM MINING SA, which is in the process of being liquidated for the benefit of COMINIERE SA since April 4, 2023. But unfortunately, maintains the CEO Célestin Kibeya, M Serge Ngandu hid this today from the participants of the DRC Africa Battery Metals Forum. “AVZ never had 75% of the shares in DATHCOM MINING SA,” he insisted.
It should be noted that Congolaise de l'exploitation minière, acronym COMINIERE SA, is a limited commercial company under OHADA business law. It is a young company created on April 12, 2010 following the decision of the General Assembly of shareholders namely, the Ministry of the Portfolio and the National Institute of Social Security (INSS), currently the National Social Security Fund (CNSS) . The share capital of COMINIERE SA is 90% held by the Congolese State through the Ministry of Portfolio and 10% by the CNSS.
Dieudonné Buanali
A lot of us have seen this scumbag before.
He’s the DRC’s version of tommy turd. Refers to himself as a social media influencer
Bin59
Regular
Looks like Celestine has made it easy for people to contact their offices.Anyone else getting Manono in the goolgle maps when they open this page?
La Cominière SA
Head Office
: Av colonel EBEYA, N°56, Immeuble Bon Coin-Appartement N°8 Commune de la Gombe Kinshasa/RDC
: +243 125 100 187
: +243 815 996 712
: infos@cominiere.cd
: www.cominiere.cd
Lubumbashi office
: Kamanyola Avenue, No. 12912 - Municipality of Lubumbashi
: +243 815 996 712
: +243 815 996 712
: infos@cominiere.cd
: www.cominiere.cd
BRICK
Regular
Looks like the map is where they are hoping to locate their head office
Dijon101
Regular
Website is woefully out of date.
Still lists dathcom as a partner even though the JV has been dissolved since April.... (all in direct conflict of a ICC RULING)
Absolute amateurs.. can't even pay their Web developers to update their website.
Edited in the below:
You'd say that logically a minority partner has zero authority both logically and legally to dissolve a JV and take 100% ownership of the project like Cominiere are claiming.
I'd like to believe that Cominiere are now an irrelevant organisation and are no longer involved in the project. Just as stated in Serge's presentation.
Still lists dathcom as a partner even though the JV has been dissolved since April.... (all in direct conflict of a ICC RULING)
Absolute amateurs.. can't even pay their Web developers to update their website.
Edited in the below:
You'd say that logically a minority partner has zero authority both logically and legally to dissolve a JV and take 100% ownership of the project like Cominiere are claiming.
I'd like to believe that Cominiere are now an irrelevant organisation and are no longer involved in the project. Just as stated in Serge's presentation.
Last edited:
BRICK
Regular
With only a superficial look into them, After 13 years, what have these turkeys actually accomplished?
I reckon it’s time to admit it didn’t work out and dissolve them
Dijon101
Regular
Bribes and churning leases between explorers that have no intention to go to mine
Carlos Danger
Top 20
They do under Article 18.3 of the Dathcom JVA but it can only be done through the ICC under Article 11. Not through back alley courts within the DRC. The fact that AVZ are the ones initiating ICC proceedings regarding this matter speaks volumes to the confidence of both parties in their legal standing.
TDITD
Top 20
13Yrs of dodgy deals, a full audit of these bastards would make your eyes water.
Its a conduit for the 'elites' to funnel their bribes/fraud/embezzlement monies, this is why I have accepted they are not going anywhere, because they are needed. A sharing agreement between Kabila and PR. You have CKK for Kibeya and Lisette for PR.
The sooner Cominieres world class idiots are out of Dathcom/Manono the better for everyone involved.
Dijon101
Regular
Fucking hell dude.
You are amazing!!
Thanks for reminding and reinforcing this info.
Last edited:
TDITD
Top 20
Didn't we agree last time/cycle this was brought up that under the J.V agreement that if it was breached they have an authority to terminate, like you said via the correct routes?
As last time the kicker was, they have NO authority as the terms of the J.V agreement were no breached and the didn't go through the correct routes as stipulated. God its been so long and literally every little detail around this shitshow discussed so many times, you forget little details.
So in a lovely roundabout way. In this instance, they have jack shit authority and as per usual need to work within the rules/codes/laws set. Hence the latest ICC ruling to Cominiere stipulating you change shit you pay $$ for it.
#FuckCOMINIERE
#FuckZIJIN
#FollowTheFuckingLawsDickheadsAndWeWillHaveAlreadyBeenMining
#FuckMupande - for old times sake
Carlos Danger
Top 20
That's the ICSID case information for Dathcom Vs DRC Government regarding the failure of the DRC government to follow its own mining code when illegally cancelling the licence
Jin Cheng Vs AVZI is at the ICC in Paris. No date other than the general timeframe you outlined is available as far as I'm aware.
thanks Carlos. So should it appear on this website?
ICC Case Information - ICC - International Chamber of Commerce
Increasing the information available to parties, the business community at large and academia is key in ensuring that arbitration remains a trusted tool to facilitate trade. This directory provides key information on ICC arbitration cases without compromising expectations of confidentiality. ...
iccwbo.org
Can’t find any mention of it
Carlos Danger
Top 20
Yeah it should but never has. Not really sure why as they list other pending cases. It is listed on jusmundi.thanks Carlos. So should it appear on this website?
ICC Case Information - ICC - International Chamber of Commerce
Increasing the information available to parties, the business community at large and academia is key in ensuring that arbitration remains a trusted tool to facilitate trade. This directory provides key information on ICC arbitration cases without compromising expectations of confidentiality. ...
Can’t find any mention of it
Jus Mundi | Smart Search pour le Droit et l’Arbitrage International
Les professionnels du droit utilisent Jus Mundi pour mener leurs recherches juridiques et due diligence en toute confiance.
Carlos Danger
Top 20
Another thing. Article 11.1 (c) of the Dathcom JVA clearly states that any dispute among parties to the JVA must be settled by 3 arbitrators at the ICC. The fact that Zijin sought only 1 arbitrator and the ICC agreed is already an admission by Zijin and the ICC that Jin Cheng are not a party of Dathcom imoYeah it should but never has. Not really sure why as they list other pending cases. It is listed on jusmundi.
Jus Mundi | Smart Search pour le Droit et l’Arbitrage International
Les professionnels du droit utilisent Jus Mundi pour mener leurs recherches juridiques et due diligence en toute confiance.jusmundi.com
Mikro - I am simply guessing you could try using a VPN or maybe change your browser settings and switch to Australia. I havent tried either and its just a guess.
SilentOne
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