AVZ Discussion 2022

[tolate]

My research come across this just for others...!

At DRC's capital, government officials and KoBold executives convened in July to formalize a preliminary exploration accord, with President Félix Tshisekedi present for the signing.

The agreement, executed by Minister of Mines Kizito Pakabomba and KoBold DRC director Benjamin Katabuka, outlined a commitment to digitalize national geological datasets, initiate lithium-focused activity at Manono, and apply AI-enabled prospecting tools across broader mineral-rich regions.

 

[tolate]

My research come across this just for others...!

At DRC's capital, government officials and KoBold executives convened in July to formalize a preliminary exploration accord, with President Félix Tshisekedi present for the signing.

The agreement, executed by Minister of Mines Kizito Pakabomba and KoBold DRC director Benjamin Katabuka, outlined a commitment to digitalize national geological datasets, initiate lithium-focused activity at Manono, and apply AI-enabled prospecting tools across broader mineral-rich regions.

KoBold signs DRC lithium deal for Manono

Company to begin AI-driven mineral exploration across Congo. Backed by some of the most influential investors in American technology, KoBold Metals Company has entered a formal agreement with the Democratic Republic of Congo (DRC) to launch a multi-billion-dollar AI-powered mineral exploration...

www.metaltechnews.com

Australia's AVZ Minerals has formally challenged the agreement, citing a breach of an International Centre for Settlement and Investment Disputes (ICSID) tribunal's interim order – specifically concerning Congolese commitments made in January 2024 to recognize AVZ's subsidiary, Dathcom, as the legitimate permit holder for the southern Manono deposit. AVZ argues the KoBold deal violates those terms.

While the DRC government did not immediately respond to AVZ's claim, Reuters reported that Kinshasa has committed to supporting KoBold's acquisition of the Manono tranche known as Roche Dure, effectively naming KoBold as the preferred strategic partner to resolve the longstanding impasse.

 

[Bonsoir]

KoBold signs DRC lithium deal for Manono

Company to begin AI-driven mineral exploration across Congo. Backed by some of the most influential investors in American technology, KoBold Metals Company has entered a formal agreement with the Democratic Republic of Congo (DRC) to launch a multi-billion-dollar AI-powered mineral exploration...

www.metaltechnews.com

Australia's AVZ Minerals has formally challenged the agreement, citing a breach of an International Centre for Settlement and Investment Disputes (ICSID) tribunal's interim order – specifically concerning Congolese commitments made in January 2024 to recognize AVZ's subsidiary, Dathcom, as the legitimate permit holder for the southern Manono deposit. AVZ argues the KoBold deal violates those terms.

While the DRC government did not immediately respond to AVZ's claim, Reuters reported that Kinshasa has committed to supporting KoBold's acquisition of the Manono tranche known as Roche Dure, effectively naming KoBold as the preferred strategic partner to resolve the longstanding impasse.

World would have been a better place if your dud of an old man put you on the sheets.

 

[alesi]

Well suck me sideways.
Confirmed there are 2 offers on the table now.
And if any of the other rumours about the Sandy Saudis being true it could be an auction.
$12

Can you expand on these said two offers?

 

[Mute22]

Some new coverage:

DRC: Stability on paper, Mining rush in reality? [Business Africa] | Africanews

This week in Business Africa: in Sierra Leone, a young genius uses salt water to electrify remote villages; in the DRC, Washington and Doha support two peace agreements amid mining interests; in Zimbabwe, local superfoods become a lever for well-being.

www.africanews.com

Did these guys use Deboss's footage? (around 4:00 onwards)

 

[tolate]

Some new coverage:

DRC: Stability on paper, Mining rush in reality? [Business Africa] | Africanews

This week in Business Africa: in Sierra Leone, a young genius uses salt water to electrify remote villages; in the DRC, Washington and Doha support two peace agreements amid mining interests; in Zimbabwe, local superfoods become a lever for well-being.

www.africanews.com

Did these guys use Deboss's footage? (around 4:00 onwards)

 

[tolate]

DRC signs major mining deal with U.S.-backed KoBold Metals | Africanews

The Democratic Republic of Congo has signed a framework agreement with American mining firm KoBold Metals to explore critical mineral resources. The signing took place Thursday in Kinshasa, in the presence of President Félix Tshisekedi.

www.africanews.com

The Democratic Republic of Congo has signed a framework agreement with American mining firm KoBold Metals to explore critical mineral resources across the country. The signing took place Thursday in Kinshasa, in the presence of President Félix Tshisekedi.

KoBold Metals, which is backed by billionaires Jeff Bezos and Bill Gates, plans to invest more than one billion dollars in the DRC's mining sector. The company’s initial focus is the Manono lithium deposit, considered one of the largest in the world. Lithium is a key component in batteries and green energy technologies, making it highly strategic for global markets.

Beyond Manono, KoBold will launch a large-scale mineral exploration program across the country, using advanced technology to identify high-value deposits. The agreement includes plans to digitize the DRC’s geological archives, currently held at the Royal Museum for Central Africa in Belgium. KoBold also intends to apply for exploration permits covering more than 1,600 square kilometers before July 31, 2025.

 

[Remark]

 

[BRICK]

View attachment 88997

 

[ptlas]

Just wanted to let you know you are on ignore. All others should do the same.

I did the old ignorefest a while back.

Now I just read you guys having a rant at the fuckers.

There's worse ways to spend an hour.

 

[hedrox]

 

[JNRB]

We rightly call out depraved high-level corruption in the DRC, and also throw around plenty of jokes about paper bags and stuff. Calling out bullshit is good. Humor is good.

But just as a more serious take on the issue and really understanding just how pervasive corruption is and how ingrained into the normal way of doing things, this article was really insightful.

- Essentially, a young customs worker tried to do the right thing and refuse bribes, and he was killed.

We've been through shit with this saga. But I do hope that the silver lining on our stormcloud of stubbornly sticking to the rules is that it does actually create an opening for DRC to start moving towards a more accountable system that actually benefits its citizens, rather than fueling more corruption.

For me, its one of the possible benefits of a deal with KoKo. They may be playing hardball on price, but the deal will absolutely have to be squeqky clean. And with Gates backing the company there is at least some board level guidance from someone who has genuinely put his money where his mouth is to help people in Africa.

Floribert Kositi: DR Congo's would-be saint murdered 'mafia style' for refusing bribes

Congolese customs official Floribert Bwana Chui Bin Kositi has been beatified for standing up to corruption.

www.bbc.com

 

[hedrox]

 

[BEISHA]

My research come across this just for others...!

At DRC's capital, government officials and KoBold executives convened in July to formalize a preliminary exploration accord, with President Félix Tshisekedi present for the signing.

The agreement, executed by Minister of Mines Kizito Pakabomba and KoBold DRC director Benjamin Katabuka, outlined a commitment to digitalize national geological datasets, initiate lithium-focused activity at Manono, and apply AI-enabled prospecting tools across broader mineral-rich regions.

you should be digitalized........

 

[Pedro]

Strike 3

We will just leave this thread to you leonard, and Yaseen’s trolls

enjoy

Guys and gals, WIno will open our old Zero Troll conversation again.

apologies in advance to some of the new users who may not get invited, we will do our best to let most people in.

We all came over to this site to get away from the fucking shit posts and constant trolling on HC, mainly you cretin

If you don’t get an invite, our “committee" think you’re a troll - sorry about that

We’ll be back here once Zeeb0t returns and deals with a backlog of issues

Strike 3

We will just leave this thread to you leonard, and Yaseen’s trolls

enjoy

Guys and gals, WIno will open our old Zero Troll conversation again.

apologies in advance to some of the new users who may not get invited, we will do our best to let most people in.

We all came over to this site to get away from the fucking shit posts and constant trolling on HC, mainly you cretin

If you don’t get an invite, our “committee" think you’re a troll - sorry about that

We’ll be back here once Zeeb0t returns and deals with a backlog of issues

How do some of us long term minimal posters with a clean track record get the invite. It's the pointy end and TSE has become a bit of an addiction. P

 

[Huntian]

Happened to ask GROK the meaning of Kobold... hoping they don't live up to their name

 

[Hudnut]

Enough of the AI shite.

All it does is regurgitate stuff from the interwebs. It doesn't know anything.

In fact, as people post the results of their AI searches,AI engines pick that up too until they disappear up their own arses.

All the AI crap posted is just making up more incorrect speculation.

 

[Xerof]

@Pedro
Just DM Winenut mate. He is the only one with the capacity to invite users to the conversation, as I said yesterday.

bear with him - seems to be affected by a powercut at the moment

 

[Felix]

Can you expand on these said two offers?

Yup

Three

 

[Chase]

We rightly call out depraved high-level corruption in the DRC, and also throw around plenty of jokes about paper bags and stuff. Calling out bullshit is good. Humor is good.

But just as a more serious take on the issue and really understanding just how pervasive corruption is and how ingrained into the normal way of doing things, this article was really insightful.

- Essentially, a young customs worker tried to do the right thing and refuse bribes, and he was killed.

We've been through shit with this saga. But I do hope that the silver lining on our stormcloud of stubbornly sticking to the rules is that it does actually create an opening for DRC to start moving towards a more accountable system that actually benefits its citizens, rather than fueling more corruption.

For me, its one of the possible benefits of a deal with KoKo. They may be playing hardball on price, but the deal will absolutely have to be squeqky clean. And with Gates backing the company there is at least some board level guidance from someone who has genuinely put his money where his mouth is to help people in Africa.

Floribert Kositi: DR Congo's would-be saint murdered 'mafia style' for refusing bribes

Congolese customs official Floribert Bwana Chui Bin Kositi has been beatified for standing up to corruption.

www.bbc.com

Agreed mate