@Winenut @Charbella @TDITD
At the moment I’m chasing up relationships Felix Tshisekedi has, including the one with his personal advisor and cousin Tony Kanku who reportedly has his hands on mining areas in Katanga, is part of mafia financial networks, has been in the sights of the US since 2021 and is also reportedly protecting that fuckwit Kibeya Kabemba
This cousin and special advisor is in this photo below…. remember his face, he’s in a lot of photos with Tshisekedi
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He’s pictured above standing next to Graeme Johnston
As far as getting your heads around Cominiere SA and United Cominiere…. try going to the CAMI maps and see who they are connected with in the tenements. I can’t quite remember and I haven’t got time to look, but you might find their connections to Zijin and Tantalex there
Cominiere and the recent ICC case
It appears up until now, that DRC state owned Cominiere has operated with impunity under the protection of the government, and that legislative and contract laws have been changed or ignored.
It also appears that mining companies foreign to the DRC have had their mining rights removed once they have developed a project from an Exploration Permit (PR) to an Exploitation Permit (PE)
It is also well known that though the DRC has lots of minerals, it is lacking in the finance and expertise to build projects…. yet it wants a greater percentage of earnings from those projects on top of collecting tax and other revenue from them.
Let’s not forget that it is other developers & investors that
1) Do all the work developing the projects
2) Know how to build the mines and infrastructure
3) Create jobs for local workers
4) Arrange the finances for development and construction
5) Incur the costs related to the first 4 points
Felix Tshisekedi talks about win-win contracts on one hand, and on the other hand wants to control the entire production chain from the investment, to production, to processing, to the sale of the final product.
Felix also wants to give state actors (like Cominiere for example) more power, while at the same time is asking foreign investors, miners and manufacturers to invest $30 billion in the DRC’s battery manufacturing industry.
The DRC invites foreign investors, saying it’s battery metals industry could be worth $7 trillion by 2040, adding the DRC wants to capture 30% - 40% of that value.
In referring to the 2023 DRC - AFRICA Battery Metals Forum, one feature that was highlighted following the event was how much corruption is in the mining sector.
I guess Felix has an opportunity now to show he is serious about cleaning up this corruption by signing the MOU he has discussed with AVZ’s executive team and granting the Mining License.
This then could demonstrate to other countries and investors that the DRC is a safer place to invest $30 billion in projects than what was highlighted at the 2023 DRC Battery Metals Forum