AVZ Discussion 2022

Birdman7

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What I'd like to know is, in what sort of system this head of CAMI can get away with simply sitting on his hands and refusing to budge after receiving the decree from the mining minister? (in theory his boss?).

This amongst other things beggars belief.


*Not really Sam,

Not when you read articles like the one below, then you soon realise "What a Tangled Web they Weave when they Practice to Deceive" :mad:

Not to mention the lengths Chinese Co will go to to get what they want in the DRC :rolleyes:

www.bloomberg.com/news/features/2021-11-28/africa-s-biggest-data-leak-reveals-china-money-role-in-kabila-s-congo-looting
Frank, thank you for the link to that article.

The unbelievable level of corruption in the recent past goes a long way to explaining the brazen behaviour of those AVZ is currently wrestling with.

I owned and operated hotels (pubs) for many years. One thing I did learn is when a staff member is systematically stealing from you the only way to stop it is to remove them from your business. The amounts they are taking become part of their income and lifestyle and as a result they can’t stop. They may stop for a while if they think you are on to them, however it will recommence soon after, maybe from a different profit centre or in a different manner but it will start again.

I fear the same in the DRC only on a grand scale. Felix, NF and co have their work cut out for them.

Grateful for your research and articles.
 
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JAG

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marksmann007

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JAG

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Winenut

GO AVZ!!!!
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Dazmac66

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I have a man crush on Franck :ROFLMAO:
I'm a fan Funky Franck Fwamba. Try saying that 10 times! He is restoring my faith in humanity. Some farken grubs around.
 
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JAG

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cruiser51

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The better K. Eckhof and cohorts are able to stall AVZ with whatever means, the better opportunity Tantalex is able to establish itself processing their heaps of shit.

When Eckhof joined Tantalex, the shit hit the fan for AVZ.

Klaus Eckhof circles back to Manono's lithium​

The German-born businessman-geologist has a history of arranging mining deals in the DRC. Now he has joined Tantalex Resources, which is exploring for lithium in Manono, just next to the concessions held by a company he used to work for: AVZ Minerals.

Issue dated 24/01/2022
 
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Dazmac66

Regular
Oil&Gas is spot on! Maybe we could start by e-mailing our respective state news bodies and on-line news publishers.
Why isn't this big news in Australia? A potentially massive Australian company having a red hot crack but getting reamed by crooks in the DRC and ruthless money hungry Chinese con-men? I emailed 4 Corners a few months back - I will have another crack at them, would make a compelling story.
 
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wombat74

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Remark

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C'mon Felix, the Chinese need more lithium to make these AliExpress Robot dogs.

Seen here fitted with a Russian made PP-19 Vityaz submachine gun...

 
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Winenut

GO AVZ!!!!
Under normal circumstances you'd have to say Cong has put a noose around his own neck . Blatant lying that can be easily proved .
Well it hasn't seemed to be super easy to prove it yet unfortunately! :(
 
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mouseflying

Regular
Any update for icc pairs arbitration? I still can't find any informaiton on ICC website.
I think it's the time to let us know it's 1 or 3 arbitrator?
or zijin withdraw the case?
 
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Samus

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What I'd like to know is, in what sort of system this head of CAMI can get away with simply sitting on his hands and refusing to budge after receiving the decree from the mining minister? (in theory his boss?).

This amongst other things beggars belief.


*Not really Sam,

Not when you read articles like the one below, then you soon realise "What a Tangled Web they Weave when they Practice to Deceive" :mad:

Not to mention the lengths Chinese Co will go to to get what they want in the DRC :rolleyes:

www.bloomberg.com/news/features/2021-11-28/africa-s-biggest-data-leak-reveals-china-money-role-in-kabila-s-congo-looting
The irony is we have a government claiming to be cracking down on this sort of corruption while state employees hold AVZ hostage to the detriment of the Congolese state. Some even it seems from within the current ranks of Dathcom presumably to protect themselves from facing justice for their past and ongoing shady dealings and secure ongoing personal financial benifits as opposed to going with a company that does things above board.
IGF found the Cominière actions to be corrupt yet somehow they can still hold their ground in blocking development along with officials from CAMI against the ruling of the Mining minister who's wishes should override all of them.
WTF??
Is the macro political environment still so sensitive that the simple solution of forcing these criminals to do their job and/or face justice can't be taken?
Surely in such clear cut circumstances Government employees working for Chinese interests against the state should be sacked at the very least.
Meanwhile we've got politicians gallivanting around the world touting DRC as some fantastic investment opportunity. 😕

Hopefully with the media spotlight on these issues we might finally see some action from the top at tomorrow's Council of Ministers (as has been the hope for months so far) 🤞🙄
 
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wombat74

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Not expecting AVZ to fail here , but would there be a plan B if these pricks get the upper hand ? Is the CATH deal paramount moving forward ? Could Nigel have a potential replacement JV in the wings ? Any thoughts out there what could be a plan B .? Or are we just rooted . Bit bored . Thought it might be an interesting question to throw out there .
 
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obe wan

Regular
Under normal circumstances you'd have to say Cong has put a noose around his own neck . Blatant lying that can be easily proved .
Yes, will now be interesting to see Klaus's reaction if Cong falls off the cliff; remember Simon Cong is a non exec Director of Amani gold (ANL) and they are well know to have a business relationship in DRC in any case.

Heard on a grapevine that our own Non Exec Peter Huljich has caused some issues ,as he refused step down from the AVZ board , as AVZ tried to widen the gap between any association with Klaus and Cong , hence why Nigel resigned from AJN . Peter Huljich as you'd know is also on the Amani ANL board and so he is created a connection between Klaus and Cong (ANL)/AJN and AVZ, this connection likely created a bit of sand in the gears of AVZ as accusations were being thrown like grenades by the some DRC cockroaches.

The information / speculation which is flowing through the social media platforms, it sounds like Cong is under pressure . with Cong under pressure and hopefully put to the sword , will eyes turn to Klaus and AJN . It would be hard to believe that Klaus and Cong weren't going to 'benefit' through this AJN arrangement , direct resources into some greasy hands whilst Jean Felix positively stamped approvals on half baked applications like a Duracell bunny.

Wonder if Simon Cong gets offloaded from Amani gold board ; wonder if DRC starts to reconsider AJN
 
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Frank

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Not expecting AVZ to fail here , but would there be a plan B if these pricks get the upper hand ? Is the CATH deal paramount moving forward ? Could Nigel have a potential replacement JV in wings ? Any thoughts out there what could be a plan B .? Or are we just rooted . Bit bored . Thought it might be an interesting question to throw out there .
Plan B:- Kick CATH to the Curb, bring in EU / US Big Guns begging for it (y)

Tesla’s Denholm says Australia is key to avoid EV battery crunch

Lithium powerhouse Australia, which produces about half of all unprocessed supplies of the raw material, needs to add capacity in refining and manufacturing to help the world meet surging demand for batteries, according to Tesla Inc. Chair Robyn Denholm.
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Tesla alone will need more than 3 terabyte hours of lithium-ion batteries for electric vehicles and energy storage by 2030, compared to the industry’s current global capacity of about 1 terabyte, Denholm, who has helmed the automaker’s board since 2018, said in Sydney.

“I can’t think of a technology that’s more important than lithium-ion batteries right now,” she said at the Australian Clean Energy Summit.

“To meet the challenge of climate change this entire industry needs to scale at sprinting pace.”


Despite its vast mineral wealth, Australia accounts for only 7% of refined lithium supply and the nation can do more to use its advantages to develop production of specialist materials, battery cells and electric vehicles, according to Denholm.

“Australia has the minerals — not just lithium — and also the know-how and many of the skills to capture the opportunity of this new energy era,” she said.

Tesla and other carmakers have this year raised sticker prices, along with battery producers like Contemporary Amperex Technology Co. Ltd., in response to higher costs of raw materials, driven at least in part by demand that’s rising faster than production capacity.

In lithium, almost $14 billion is needed to develop planned production capacity by 2025, according to BloombergNEF.


www.mining.com/category/battery-metals/


VW’s battery business faces supply chain hurdles

PowerCo is meant to bundle VW’s battery-making activities much in the same way as its Cariad unit is attempting to streamline software efforts.

It will oversee activities including procurement, raw-materials processing, product development and plant management.

The push ties into VW’s efforts to streamline decision-making and make the vast conglomerate leaner and more focused.

“We are starting from the beginning to cover all aspects, from the mine to the end product,” Mueller said.


“We need to understand the sourcing, pricing to have a competitive product.”

www.mining.com/category/battery-metals/


AVZ # ! #.jpg


Food for thought on the Road to Mining Manono Bro (y)

Cheers 🍻

Frank :cool:
 
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JAG

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JAG

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Investigation sounds alarm on risks in Congo’s nascent lithium sector​

MINING.COM Staff Writer | December 14, 2021 | 5:06 am Battery Metals Africa Lithium
Investigation sounds alarm bell on potential supply chain risks in Congo’s nascent lithium sector

Most lithium mining concessions in the DRC are close to the southern town of Manono, pictured here. (Image by Tom Skrinar, Flickr).
A new investigation by Global Witness looking into the Democratic Republic of Congo’s nascent lithium sector sounds the alarm bell on a swathe of potential supply chain risks.
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To create the report, the London and Washington-based NGO looked at a sample block of 51 mining concessions that concentrated around the town of Manono in southern DRC and where hard-rock lithium deposits have been discovered. Three companies – AVZ Minerals, Critical Resources and Tantalex Resources – have publicly announced plans to carry out lithium exploration or production at mining concessions in the area.

“Drawing back the curtain on the companies and people involved in this new, potentially globally significant lithium industry, the investigation found concessions on and around DRC’s lithium deposits are or were held by or involved a small number of people with close business relationships – including a now-serving government official – with former President Kabila,” the report reads.
Investigation sounds alarm bell on potential supply chain risks in Congo’s nascent lithium sector

According to the group, Cong Mao Huai, reported to be an adviser to former DRC president Joseph Kabila, is or was associated with companies with ownership links to six concessions investigated by Global Witness.
The NGO claims to have seen documents that appear to show there have been long-standing business links between Cong and now-serving Minister Guy Loando Mboyo. The report also cites data from Congo Hold Up – the biggest leak of financial information from Africa to date – which supports the allegations of the business links between the two.
“Our investigation shows that investors need to think critically before endorsing DRC’s lithium sector,” Paul Donowitz, head of natural resource governance campaigns at Global Witness, said in a media statement.
“Company contracts, payments and beneficial ownership in key deals are not being fully disclosed, despite this being required by Congolese law. Companies must also ensure they fully respect the environment and communities in the mining areas.”
In Donowitz’s view, there is a small window of opportunity to address the potential supply chain risks in DRC’s lithium sector, before production begins.
“Companies, investors and governments – both of the DRC and companies’ home states – must act now or the whole industry risks being seriously undermined by governance risks and harms to people and the planet,” he said.
The report closes with a number of recommendations, asking companies financing, producing, using or trading DRC’s lithium to ensure that their investments and operations, as well as those of their subsidiaries and suppliers, adhere to international governance, environmental and human rights standards, and all existing Congolese laws, whichever are stronger.
It also asks these firms to take responsibility to conduct, disclose and implement robust due diligence policies and procedures to prevent, identify, mitigate and account for human rights, environmental and governance risks in their operations, including supply chains and business relationships.
Finally, it asks the Congolese government to ensure disclosure of all beneficial owners of mining companies, mining contracts and public, project-level payment reporting for all of Congo’s mining contracts, in line with Extractive Industries Transparency Initiative reporting standards and best practice.
 
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