AVZ Discussion 2022
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TheCount
Regular
Loyal ity-(bity)?
A children's term for "fuck all"..
Samus
Top 20
He couldn't be assed reading the quote before putting it on the document
More gold from these DRC fuckwits!
Woogr
Member
Damn that’s sharp Sammy. Man all you on this forum are bloody legend!
Except the obvious flogs that is.
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Mute22
Regular
US, DRC near minerals deal: report
A view of the Bisie tin mine in the DRC. Credit: Alphamin Resources
Posted By: Northern Miner Staff April 7, 2025
The United States and the Democratic Republic of Congo are discussing an agreement that would see U.S. companies take greater control of critical mineral assets in exchange for support for the Kinshasa government, the Financial Times reported.
Progress has been made on a potential deal, Massad Boulos, U.S. President Donald Trump’s senior adviser for Africa, said late last week. Boulos met with DRC President Félix Tshisekedi in Kinshasa Thursday and the pair discussed trade relations and other topics, according to a statement from the presidency.
“You heard about an agreement on minerals. We have taken note of the DRC’s proposal, and I’m happy to say that the President and I have agreed on a way forward for its development,” Boulos told reporters in Kinshasa. His comments were broadcast by Radio France Internationale.
‘Billions in investments’
U.S. mining investments in the DRC following the signing of a minerals deal could reach several billion dollars, Boulos was quoted as saying in the Congolese presidency statement.Security remains a key stumbling block. The DRC, the world’s largest producer of cobalt, has been rocked for several months by intense fighting between Congolese government forces and armed rebel groups such as the Rwanda-backed M23. In January, M23 seized Goma, an important logistical hub city for mining in the region.
The U.S. wants to help bring the conflict to an end, Boulos said.
“Stimulating U.S. private sector investment in the DRC, particularly in the mining sector, is a shared goal that contributes to the prosperity of both our countries. But there can be no economic prosperity without security,” Boulos said in French. “The United States remains determined to support an end to the conflict, and we are discussing the next steps with our Congolese partners.”
DFC as underwriter
Under the outlines of the accord, the U.S. International Development Finance Corporation would underwrite some of the U.S. investments in the African country, Joseph Szlavik, a Washington-based lobbyist who is advising the DRC, told the FT. U.S. businesses are expected to start by investing in the DRC’s lithium deposits, the FT said.U.S. startup KoBold Metals is among the companies that are interested in the DRC’s massive Manono lithium deposit, the FT said. Other possible investors are New York City-based Orion Resource Partners, Ivanhoe Mines (TSX: IVN) founder Robert Friedland, U.K.-Australian miner Rio Tinto (NYSE, ASX, LSE: RIO) and Saudi Arabia’s United Mining, said people familiar with the talks. KoBold, Orion and Rio Tinto declined to comment to the FT while Friedland and United did not respond to requests for comment from the newspaper.
Richly endowed in natural resources, the DRC accounts for more than 70% of cobalt’s global output. It also holds significant reserves of gold, copper, tin, lithium and tantalum.
“We expect more multilateral agreements, including private investment and government funding, as developed nations focus on securing the supply of critical minerals for their industries,” BMO Capital Markets analyst George Heppel wrote in a note published Monday.
American negotiators have already helped to reach an agreement that led to Rwandan-backed insurgents withdrawing from an area near Alphamin Resources’ (TSXV: AFM) tin mine in eastern Congo, Szlavik told the FT. Tin prices soared to their highest level in more than two years in mid-March following Alphamin’s suspension of its Bisie mine after M23 rebels threatened the area. Alphamin is controlled by U.S.-based Denham Capital.
Winenut
Go AVZ!
I hope no-one took this post as seriousAbsolutely 100%
I have it on good authority that the dropping of ICC/ICSID cases has been designated as the very "last" item to be executed in the series of events to complete the Manono transaction
And this specifically only occurs "after" proceed funds have been distributed to all AVZ shareholders and the booking of my holiday to Abruzzo, Umbria and Puglia is completed and flights and accommodation confirmed......
I have absolutely no connection to any good authority on AVZ matters......or on any matters for that matter!
Wine ?
it can occur off market
No need to get listed for a take over...
Winenut
Go AVZ!
I wish....sober since Feb 28th if you can believe it!
Not that I'm counting the days or anything....
Mute22
Regular
Enjoying a nice Claire Valley rielsing right now. You'd know what I'm talking aboutI wish....sober since Feb 28th if you can believe it!
Not that I'm counting the days or anything....
Anyway, I cannot wait to be freed from this corporeal prison.
I have held since 2017, in that time I have read literally every post on X (Twitter), Hotcrapper and TSE for 2,869 days at an average of 15 times a day.
That's 43,035 page refreshes (at least) and easily over a 100,000 posts.
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Bray
Regular
Late too the party but holy shit that’s funny
Frank
Top 20
The DRC suspends all lobbying contracts with American firms
In a press release published Monday, April 7, 2025, the spokesperson for the President of the Republic, Tina Salama, announced that the DRC is suspending, until further notice, all lobbying contracts, approaches, or proposals entered into or made between it and American entities, firms, or firms specializing in this field.
"In light of the mutually expressed desire to relaunch strategic partnerships between the two administrations, the Democratic Republic of the Congo's approach emphasizes the imperative of prioritizing direct exchanges with the new American administration, through official and authorized channels.
Consequently, it is immediately suspending, until further notice, all lobbying contracts, approaches, or proposals entered into or made between it and American entities, firms, or firms specializing in this field, including the contract with Earhart Turner LLC," the press release stated.
Tina Salama added that President Félix-Antoine Tshisekedi welcomes the strong and lasting relationship of cooperation and friendship between the United States of America and the Democratic Republic of Congo.
This decision comes a few days after the visit to Kinshasa of Massad Boulos, Senior Advisor for Africa to U.S. President Donald Trump.
On April 3, he mentioned a minerals agreement proposed by the DRC: "We have reviewed this proposal, and I am pleased to announce that the President and I have agreed on a path forward for its development.
I look forward to working with President Félix Tshisekedi and his team to build a deeper relationship that benefits both the Congolese and American people.
We aim to stimulate U.S. private sector investment in the DRC, particularly in the mining sector, to contribute to the prosperity of both our countries."
He also emphasized that American companies are ready to establish operations in the DRC to stimulate local economies.
"We need a business-friendly environment to achieve this goal.
Rest assured, American companies operate with complete transparency and will stimulate local economies.
This involves multi-billion dollar investments, job creation, knowledge transfer, and infrastructure investments," he insisted.
mediacongo
Tin prices up 4.13% per ton on international markets
"Tin prices are rising on international markets during the week of April 7-12, 2025.
It is trading at $36,312 compared to $34,872 the previous week, an increase of 4.13% per ton," it read.
According to the same source, only tantalum is stable, with the price per kilogram at $227 this week.
mediacongo
*Don't forget the
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I remember when Felix suspended all new mining contracts or PE's a couple of years ago while he was 'cleaning up and reforming' the mining sector. Ah man the bs we've been through in the last 4+ years. Remember that fat turd telling Serge our ML is coming soon at that seminar about 3 and half years ago. I've lost track of time and how much bs this guy has spun. I do remember when he said show me proof of corruption and ill fix it.
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