AVZ Discussion 2022

oxxa23

Regular
to be honest, seems really positive... but, so have many prior announcements or conversations... the only facts i can conclude are:

- we may hear some news soon enough on whether jin cheng can have a crack at us or not in ICC (well, at elast that's being consisdered 5-6 oct... not sure on time frame for answer/conclusion)
- dathomir has rushed in a wind up attempt on dathcom (after somehow transferring PR 13359 to Cominiere).... well, i assume and take this as fact... which nowhere near passes the pub test... but, doesn't in itself make it illegal...although, suspect there is illegalities in there...

yes plenty sounds good, but, again, just words and not proven fact... hopefully proven soon enough.
Just on this, I recognise there really isn't anything more the company can say to enlighten us without showing cards, or perhaps even talking out of school... so I'm not downplaying the announcement... just acknowledging we can't take too much new stuff out of it factually..
 
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Bray

Regular
Apparently being a legally-abiding corporate citizen doesn’t get you anywhere in countries like DRC. The fact that FT hasn’t stepped in and put an end to this shitshow suggests that he is caught between a rock and a hard place, and if an imminent presidential election isn’t enough to get him moving, then what the hell is?
If the DRC wants to get anywhere, ever, they’re gonna have to make some sort of action. Right now they’re like a bunch of 14 year olds running on primitive ideals
Letting their country and people down, day by day, year by year. There’s no fucking excuse
 
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Onthefm

Regular
A couple of recent articles from the Alternative Mining Indaba DRC.


ECONOMY

At the 7th edition of the Alternative Mining Indaba DRC: Rose Mutombo, Jean Jacques Kayembe and other panelists for the fight against corruption​

23b5d1367a6f870032fbadd00c68f28e

Byuser1Posted
on September 27, 2023
https://geopolismagazine.net/a-la-7...nelistes-pour-la-lutte-contre-la-corruption/#
https://geopolismagazine.net/a-la-7...nelistes-pour-la-lutte-contre-la-corruption/#
COMMENTS
During the 7th edition of the Alternative Mining Indaba, which opened yesterday Tuesday, September 26 in Kinshasa, panelists and participants all insisted on the involvement of everyone to effectively fight corruption, a scourge that hinders sectors of activity of Congolese society.

Speaking at this forum, the Minister of State in charge of justice and keeping her seals, Rose Mutombo, tried to demonstrate that corruption is a gangrene that kills the judiciary. But she is working on it to overcome this phenomenon.


"Also having the government's criminal policy in the responsibilities, I am setting up a database," she said before pointing out that her teams have already gone down 6 provinces to see in the courts and tribunals the offences that are relevant in the fight against corruption and that are brought before the judges. "You may be surprised. In any case, the rate of corruption cases is almost 0% referral in the 6 provinces," she revealed.

According to her, corruption does exist in the Democratic Republic of Congo and the elements of corruption are clearly visible in Congolese communities and with the authorities. "We note that when courts and tribunals deal with these offences, the majority of cases end either with a filing without follow-up or with une-established files. While the fact brought to the attention of the judges sufficiently proves that there has been corruption," she lamented.

These practices pose a serious problem in the country and challenge more than one person. "This is where we say that it is important that the judiciary can really process these files so that the corruption that plagues our community can find answers," said Minister Rose Mutombo, who believes that the fight against corruption can only succeed with the help of magistrates with the help of magistrates. This is very important. And it is true that there is the judiciary but all institutions must work to find this gangrene that is destroying the country.

Also in this panel, the national coordinator of the Initiative for Transparency in Extractive Industries (EITI), Jean Jacques Kayembe, also intervened to present the work he is doing in the fight against corruption in the mining sector. Above all, he wanted to explain that mining operators enter the DRC through two mechanisms. This is either by signing mining contracts or by obtaining mining titles. "It is in these links of the chain that we must see if there are no risks of corruption. Do the mining contracts signed in 2009 and today not involve risks of corruption?" he wondered.

At the same level, the EITI appreciates that the law on the fight against corruption raises the issue of mine ownership. Are they the real people who enjoy mining in the DRC? "When we establish a register of the real owners of the sites, we could identify the risks of corruption," he explained, adding that the EITI also addresses the issue of politically exposed people. When we talk about mines in the DRC, there is a risk that there will be collusion with politicians and made magistrates. "That is why we were asked to draw up another list of the real people who own the mines. And that we can detect the signs of corruption, "said Jean Jacques Kayembe.

Djodjo Mulamba



Alternative Mining Indaba: Brainstorming in Kinshasa to clean up the mining sector​

Byuser1Posted
September 27, 2023
IMG-20230926-WA0069.jpg
Mining sector actors gathered at Rotana Hotel to reflect on the mining sector in the Democratic Republic of the Congo. It was on the occasion of the 7th edition of Alternative Mining Indaba whose work opened on Tuesday, September 26. This 7th edition, which closes this afternoon, focuses on the theme "Promoting good governance and mobilizing mining tax revenues in the context of the energy transition in the DRC". The two-day work program includes 4 plenary sessions and 2 special sessions.
IMG-20230926-WA0095.jpg


Already, for the work on Tuesday, September 26, the debates revolved around this question: "Is the DRC sufficiently prepared to seize the opportunities that the energy transition should bring?" Although Professor Raphaël Matamba, coordinator of the Technical Cell for Mining Coordination and Planning (CTCPM), who represented the Minister of Mines at this mining conference, replied that "Congo is prepared to play its role and profit in a win-win approach", the debate was not decided.

Experts recalled the global context where fossil fuels are gradually being abandoned in favor of clean, more ecological energies. This is the energy transition. For this transition, the DRC has a role to play. The country holds more than 60% of the world's cobalt reserves. Congo also has the 7th world copper reserve, two components (copper and cobalt) essential in the energy transition. The mining sector in the DRC as a whole had a turnover in 2022, US$30 billion. In 2022, copper production in Congo peaked at more than 2 million tons, and annual cobalt production in 2022 was 115,000 tons.

However, this growth has not produced the expected impact on communities, in terms of development. The mining sector remains undermined by fraud and corruption. On Tuesday, during the debates, 3 challenges were identified to increase tax revenues. There are tax challenges, governance challenges and technical challenges, as highlighted by Professor Raphaël Matamba.
For the second and last day (this Wednesday), the debates will focus, among other things, on the link between the energy transition and mining crafts. It will be a question of scrutinizing to understand to what extent this change that is coming in the extractive industry will be an opportunity in mining crafts.

At the end of the work, recommendations will be made.

Patrick Ilunga
Jesus mate thanks for the info but this is lying pieces of shit talking more shit.
 
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Miljew91

Regular
Does the Dathomir case in the DRC carry any weight ? You can be sure as sh1t they will be using a judge they can pay off .
All that matters is the terms of the JV legally and those terms stipulate

-ICC
-3 arbitrators

Simples
 
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eqtrade

Regular
"The ICSID Tribunal has not yet been fully constituted and AVZ remains hopeful a resolution can be achieved before further steps need to be taken in the ICSID proceedings"
I really hope the company have put a short-term deadline for DRC to put forward a resolution hence a ministerial decree for a mining license. If not, push the button hard on the way to the ICSID proceedings. Please don't give in any further excuses.
 
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Juba1845

Regular
No chance anything happens until China gets control. The AGM's gonna be wild.
View attachment 45688
This takes years . AVZ not confident anymore. They only hopeful . After 18 months still only constructive discussions. Maybe discussions but no one listening . 2024 still nothing .
 
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Remark

Top 20
This takes years . AVZ not confident anymore. They only hopeful . After 18 months still only constructive discussions. Maybe discussions but no one listening . 2024 still nothing .
You're hilarious Juba! What's a circus without a clown:ROFLMAO:
 
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This takes years . AVZ not confident anymore. They only hopeful . After 18 months still only constructive discussions. Maybe discussions but no one listening . 2024 still nothing .
Which part of “sustained and constructive dialogue” do you not understand?
 
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Penskefile

Regular
If the DRC wants to get anywhere, ever, they’re gonna have to make some sort of action. Right now they’re like a bunch of 14 year olds running on primitive ideals
Letting their country and people down, day by day, year by year. There’s no fucking excuse

agree but the rubber should’ve hit the road more than a year ago. Their hopes of attracting investment from non-hostile nations and lifting their nation out of poverty are fading fast.
 
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Rediah

Regular
This takes years . AVZ not confident anymore. They only hopeful . After 18 months still only constructive discussions. Maybe discussions but no one listening . 2024 still nothing .


GIF by Star Wars
 
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The Fox

Regular
This takes years . AVZ not confident anymore. They only hopeful . After 18 months still only constructive discussions. Maybe discussions but no one listening . 2024 still nothing .
1695815095430.png
 
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cruiser51

Top 20
This takes years . AVZ not confident anymore. They only hopeful . After 18 months still only constructive discussions. Maybe discussions but no one listening . 2024 still nothing .
Fuk Yuba, your posts really make people take note.

There are some absolute tossers around, did you notice?

Just tell me honestly, where are you coming from?
 
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wombat74

Top 20

Juba

1695815509610.png
Wikipedia
https://en.wikipedia.org › wiki › Ju
Juba is the capital and largest city of South Sudan. The city is situated on the White Nile and also serves as the capital of the Central Equatoria State.

Close to the border of DRC . Might have a Comminere rat in the house .
 
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Onthefm

Regular
Which part of “sustained and constructive dialogue” do you not understand?
Is that the same as a great relationship with the upper echelons of the drc government. 2 years and what? This announcement sooths all and says nothing. What a fucken wank.
 
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John25

Regular
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Winenut

Go AVZ!
This takes years . AVZ not confident anymore. They only hopeful . After 18 months still only constructive discussions. Maybe discussions but no one listening . 2024 still nothing .

1695819843683.gif
 
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cruiser51

Top 20

Juba

View attachment 45699
Wikipedia
https://en.wikipedia.org › wiki › Ju
Juba is the capital and largest city of South Sudan. The city is situated on the White Nile and also serves as the capital of the Central Equatoria State.

Close to the border of DRC . Might have a Comminere rat in the house .
Fukkin outer Sudan it is.

I knew it was somewhere in the outer suburbs of some asshole place.

I hope the beaches and crays are as good out in the sticks as here mate.

The closest I ever came to Sudan was Assab international, to be extremely honest, I was happy not to live there.

The coke machine was fukked, just an observation.

Have fun with your mates.
 
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wombat74

Top 20
Is anyone expecting Jin Chen/Zijin to be a no show in Paris ?
 
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Penskefile

Regular
Is anyone expecting Jin Chen/Zijin to be a no show in Paris ?
how else are they meant to get their brown paper bags delivered to the ICC?
 
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Xerof

Biding my Time 1971
Based on the series of successes AVZ has had at every challenge from the other parties:

We want confidentiality at hearings - ICC says fuck off, it's public
We want to combine the hearings into one - ICC says fuck off, they remain separate, and by the way, see you on October 5th

And the revelation that DATHOMIR have moved in the DRC for dissolution of DATHCOM, based on two disputed measures, JVA terminated and 13359 transferred, basically on behalf of COMINIERE because they are injuncted, (fucking laughable)

leads me to think that ICC can already see the claims are vexatious and spurious. Of course it will use the full process if needed, but I would not be surprised if they were a no-show

JMT
 
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