AVZ Discussion 2022
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Frank
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Fyi, fwiw- Re: The Democratic Republic of the Congo is one of the fastest growing economies in sub-Saharan Africa
For this mining operator, this brings production for the first six months of the 2022 financial year to 6,241 tonnes.
The performance thus achieved represents an increase of 4% quarter-on-quarter, placing Alphamin on track to achieve its target of 12,000 tonnes of tin for the full year 2022.
Note also that Alphamin currently operates (in the DRC) the Mpama North mine and is working at the same time on a future increase in production with the Mpama South project.
*The entire production is sold to Gerald Metals, an American company.
copperbeltkatangamining
Well, well, well, Did not know that,
Gerald is one of the oldest and the world’s largest commodity trading company focused purely on the merchanting of non-ferrous, ferrous and precious metals, as well as related concentrates and raw materials.
For nearly six decades, we have distinguished ourselves as the leading market specialists in the trading of all forms of refined metals and raw materials around the world.
Headquartered in London, our foundation is in the United States; we operate trading hubs in Shanghai, Stamford, and Switzerland.
www.gerald.com
DRC: after a production of 6,241 tons of tin in the first half of 2022, Alphamin maintains its objectives
In an operational and financial report published on Tuesday July 26, 2022, the mining company Alphamin announces that it produced 3,180 tonnes of tin in the second quarter of 2022.For this mining operator, this brings production for the first six months of the 2022 financial year to 6,241 tonnes.
The performance thus achieved represents an increase of 4% quarter-on-quarter, placing Alphamin on track to achieve its target of 12,000 tonnes of tin for the full year 2022.
Note also that Alphamin currently operates (in the DRC) the Mpama North mine and is working at the same time on a future increase in production with the Mpama South project.
*The entire production is sold to Gerald Metals, an American company.
copperbeltkatangamining
Well, well, well, Did not know that,
Gerald is one of the oldest and the world’s largest commodity trading company focused purely on the merchanting of non-ferrous, ferrous and precious metals, as well as related concentrates and raw materials.
For nearly six decades, we have distinguished ourselves as the leading market specialists in the trading of all forms of refined metals and raw materials around the world.
Headquartered in London, our foundation is in the United States; we operate trading hubs in Shanghai, Stamford, and Switzerland.
www.gerald.com
Where was the US / Europe when AVZ were spruiking offtakes ?*Sorry Daz, but in other News, I see where,
Washington sets course for Africa
The "Africa-United States" business summit opened on Wednesday, July 20, in Marrakech, Morocco.
It lasts until Friday and brings together, in addition to an American government delegation, political leaders and representatives of the African business community as well as decision-makers and investors from the American private sector.
On the menu: the economy and business with, in the background, the key issues of the fight against climate change and energy transition, but also food security, health, agriculture, infrastructure, new technologies or the digital divide.
Upon coming to power in January 2021, the American president made it a diplomatic priority to counter the growing influence in Africa of Russia and especially China.
However, the latter has greatly advanced its pawns in recent years on the African continent, via enormous investments in infrastructure and mining resources in particular.
Washington intends to play on the same ground and wants to mobilize “billions of dollars” of investments in favor of the African continent, in partnership with the private sector.
“The United States seeks to catalyze billions of dollars in trade and investment relationships to create jobs and build inclusive and sustainable economic growth across the African continent,” said Alice Albright, CEO of the development agency.
American Millennium Challenge Corporation (MCC). “We must leverage the full range of US government instruments, harness the power of the US private sector, and strengthen our partnerships with business leaders and investors across the African Diaspora,” she continued.
If under the presidency of Donald Trump, Africa was no longer at the top of the American agenda, the situation is changing and the figures for African demographic growth also have a lot to do with it.
By 2050, a quarter of the world's population will be African and Nigeria will overtake the United States as the third most populous country in the world.
Not to mention the fact that the African continent is already one of the fastest growing consumer markets in the world with 1.4 billion young people and a growing middle class.
Abundance of opportunities
These facts convinced the Corporate Council on Africa (CCA), a private organization, to organize this annual business meeting for the first time on the African continent and in North Africa.
“It is time for Africa to play its central and natural role on the international scene”, launched the head of Moroccan diplomacy Nasser Bourita by opening the debates.
The choice of Morocco is far from trivial for the United States, the Cherifian kingdom – the fifth largest economy in Africa – is a flagship destination for investments on the African continent.
“This is an opportune time for American investments in Africa, on a large scale,” added Akinwumi Adesina, President of the African Development Bank.
According to him, “tomorrow cannot wait. Africa's time is now. Africa's future is bright.
We are open for business and welcome you with open arms.”
Among the big projects that could change the game and attract investors, the head of the pan-African bank cited the oil refinery and fertilizer production complex of the Dangote group present in Nigeria estimated at 20 billion dollars, as well as those of the South African group MTN, which currently operates in 19 markets.
Adesina also pointed out that despite turbulence, such as the Covid-19 pandemic which has had strong impacts on economies, the number of private equity operations in Africa has increased from 230 in 2019 to 255 in 2020, proof that opportunities still abound in Africa.
“Our Administration's goal,” said Vice President Kamala Harris, “is to promote inclusive and sustainable economic growth and development across the continent, increase capital flows, and foster a spirit of dynamic of entrepreneurship and innovation that prevails throughout Africa”.
The United States far outpaced by China in Africa on the economic field
Concretely, bilateral trade between the United States and all African countries has shrunk to a trickle since 2009, when Beijing won the rank of the continent's leading trading partner from Washington, falling from a peak of 142 billion in 2008 to just $64 billion in 2021, according to figures cited by the American think tank Carnegie Endowment for International Peace.
As for American FDI in Africa in 2020, it amounted to 47.5 billion dollars, or 5.2% of global investments by the United States.
And beyond the Africa Growth and Opportunity Act, known as AGOA – created in 2000, to give a list of eligible countries duty-free access to US markets for thousands of products, it is a collection of initiatives that underpin economic exchanges between the United States and Africa.
Two years ago, the Trump administration launched the private sector-focused Prosper Africa, with the goal of increasing trade and investment on the continent.
Result: 800 trade and investment agreements have been signed in 45 African countries, for an estimated value of 50 billion dollars.
As for the Millennium Challenge Corporation, the government agency, it has invested some 9 billion USD (8.85 billion euros) in 25 African countries since 2004.
Recently, President Biden, with the support of the G7, has agreed to launch a new initiative, this time focusing on infrastructure projects in developing countries.
For Akinwumi Adesina, the urgency would also be for American companies to invest in the so-called African Development Bank's $ 1.5 billion Emergency Food Production Facility initiative, designed to mitigate the impact of the current global food crisis, which has worsened with Russia's invasion of Ukraine.
This facility, the first of its kind, aims to help countries acquire and distribute fertilizers and agricultural seeds, provide emergency support for the next planting seasons, increase their food production by 30% and produce the equivalent $12 billion worth of food.
Focus on the future
After the excesses and manifest contempt of Donald Trump, the Biden administration wants to make up for lost time, and is heading towards the future. It is counting, in particular, on the future African Continental Free Trade Area (Zlecaf).
Indeed, the Zlecaf could, according to Washington, be a game-changer for African economic integration and trade, but also stimulate investment, potentially from American companies interested in value-added products manufactured on the continent in key sectors. .
This highlighting of African opportunities is not new, but it is meant to kick off a new start in relations between Washington and African countries.
The White House took the opportunity of this meeting to announce that President Joe Biden would welcome African leaders from December 13 to 15 for a summit supposed to "underline the importance of relations between the United States and the Africa”.
This summit must "further promote a new economic engagement", "reinforce the commitment of the United States and Africa to democracy and human rights", make it possible to work on cooperation in the face of pandemics, on security food, on the climate crisis and on peace.
No event of this scale has taken place since the first Africa-US summit in 2014, organized under Obama.
www.mediacongo.net
View attachment 12316
Food for thought on the Road to Mining Manono Bro
Cheers
Frank
I preyed and preyed on the hot crapper for some balance.............instead we / AVZ are dominated by chinese entities ...........all under the guise and instruction of President Xi.
Maybe the US / Europe knew about all the " brown paper bags snack " corruption sagas before us retail plebs and decided to stay on the sidelines ?
I guess better late than never, something has to be done to keep those chinese entities " honest "...
JAG
Top 20
Welcome back...hope you recovered wellWhere was the US / Europe when AVZ were spruiking offtakes ?
I preyed and preyed on the hot crapper for some balance.............instead we / AVZ are dominated by chinese entities ...........all under the guise and instruction of President Xi.
Maybe the US / Europe knew about all the " brown paper bags snack " corruption sagas before us retail plebs and decided to stay on the sidelines ?
I guess better late than never, something has to be done to keep those chinese entities " honest "...
I used to sponsor a few children back in the day with UNICEF, when we got a picture frame of the child plus a small letter of their activities plus where the money was going to enhance their lives...........that was until i found out the split was 60/40, with 40 going to UNICEF for expenses...........I thinking about if it makes sense to send a email to the president’s office. Of course not in the way: dear president please save us all and especially avz.
much more with fundamental facts and my view of why i invested in avz. at this point a friend who is a historian in african history would help me. At least I think he's a lot quicker than me when it comes to researching factual arguments. but i also want to explain my view of the world, my wishes and my experiences. in no way I want to ask for help for avz. To be honest, after I've had quite a bit of time to think about it, I don't care who is running the mine. as long as the population benefits from it. i have food, a bed, enough money to take care of my family and don't have to think about where to get water for today.
Of course there is a high probability that he will never read it or will think what is the point of this nonsense, but I think I have nothing to lose. At the moment I'm not sure if I should really write it. Maybe I'm probably still waiting for the next extension on Friday
i would also mention in the text that i would donate 50% of my profits and if it ever comes to that, 100% of my dividends to charities in drc.
I don't have to drive a lamborghini, don't need a million villa. If I could help hundreds of people, that would be worth more than any object in the world
at this point i would like to ask you if there are others who would be willing to donate?
maybe you also say: don't do that. But even in the biggest machine, a small cog can make a difference. Even there is a 99,9999999999% this would only take place in a windows desktop waste bin.
But in this case it would be at least one of the loveliest documents this waste bin has ever seen.
I told them to get fucked there after........
Honestly, i wouldnt trust any entity now to do the right thing , especially the DRC, much better for the common folk if DRC govt rids all the corrupt arse holes from both sides of the fence ( chines coy / corrupt DRC officials ) , get AVZ to mine ASAP , run the ruler over all existing mines and get their fair share of the spoils that were not there with previous Kabila govt and elevate the common folks standard of living as a result !!
As i said in previous posts, DRC has a 24 trillion valuation of the best mineral ensemble in the world, just need to get rid of the fat cats who are depriving this realisation.
From the posts i am reading, this is what Felix is trying to execute......but has a long hard road ahead of him before the next election.
The common folk need to see real change happening , starting with Roche Dure going to mine ASAP, making a statement to the chinese coys and anyone daring to be a spanner in the works.
imo
MoneyBags1348
Top 20
Oh no, I just signed in and saw that you had given me several ‘likes’ etc and now I have been forced to like you and let bygones be bygones. Nice to see you had donated to good causes, it’s something I considered often but wasn’t sure what happened to the money and they didn’t seem to make it easy just make a one off donation, so now having read your post I don’t feel so bad. I’ve tried to change my life for the better over the last years and live with a spirit of more understanding, kindness, compassion and forgiveness which is helpful and seems to get a little easier over time. Needless to say I was somewhat (can’t think of the right word at the moment!) by your post re me, but totally over it now and glad I didn’t continue going on with it…. but just to let you know (and in the spirit of fun) the body of Adonis wouldn’t worry me, I used to train and spar kickboxers including an Australian Middleweight Title contender whose only loss was a split decision loss to Shane (steroid) Starr who went on to win four World Middleweight Titles. 30 years on I’m still training and don’t mind a sparring session. Glad to be friends now (thanks to you and your appreciation of my comments), now I’ll just go back to trying to post company related information as I do believe that personal ones can tie up the threads, thanks mateI used to sponsor a few children back in the day with UNICEF, when we got a picture frame of the child plus a small letter of their activities plus where the money was going to enhance their lives...........that was until i found out the split was 60/40, with 40 going to UNICEF for expenses...........
I told them to get fucked there after........
Honestly, i wouldnt trust any entity now to do the right thing , especially the DRC, much better for the common folk if DRC govt rids all the corrupt arse holes from both sides of the fence ( chines coy / corrupt DRC officials ) , get AVZ to mine ASAP , run the ruler over all existing mines and get their fair share of the spoils that were not there with previous Kabila govt and elevate the common folks standard of living as a result !!
As i said in previous posts, DRC has a 24 trillion valuation of the best mineral ensemble in the world, just need to get rid of the fat cats who are depriving this realisation.
From the posts i am reading, this is what Felix is trying to execute......but has a long hard road ahead of him before the next election.
The common folk need to see real change happening , starting with Roche Dure going to mine ASAP, making a statement to the chinese coys and anyone daring to be a spanner in the works.
imo
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Thanks mate, i think i spewed out the last of the flem , now have to catch up with mounting work load, getting there, which is the reason why i have been a bit quiet......( some would say .." thank fuck for that ! " )
Hoping for the best tomorrow, but dont have great expectations, much prefer that we have all our ducks lined up first
The positive is, when AVZ gets back on board, we will have a stable if not a slightly bull tinge MACRO to work with !
imo
So what...........now we have a Kyrgios & Djokovic bromance going on now ?.........Oh no, I just signed in and saw that you had given me several ‘likes’ etc and now I have been forced to like you and let bygones be bygones. Nice to see you had donated to good causes, it’s something I considered often but wasn’t sure what happened to the money and they didn’t seem to make it easy just make a one off donation, so now having read your post I don’t feel so bad. I’ve tried to change my life for the better over the last years and live with a spirit of more understanding, kindness, compassion and forgiveness which is helpful and seems to get a little easier over time. Needless to say I was somewhat (can’t think of the right word at the moment!) by your post re me, but totally over it now and glad I didn’t continue going on with it…. but just to let you know (and in the spirit of fun) the body of Adonis wouldn’t worry me, I used to train and spar kickboxers including an Australian Middleweight Title contender whose only loss was to Shane (steroid) Starr who went on to win the ISKA World Middleweight Title. 30 years on I’m still training and don’t mind a sparring session. Glad to be friends now (thanks to you and your appreciation of my comments), now I’ll just go back to trying to post company related information as I do believe that personal ones can tie up the threads, thanks mate
I had no issue with your posts apart from a few non complimentary remarks about the overall group which i took umbrage , cause i think this forum is top class !
But at the same time, if i had a few million shares tied up in AVZ with this shit show going on behind the scenes, then i would be a bit on edge too.....
........i have spread out my investments, so still making good coin regardless of AVZ shut down...
Glad we are all sorted, cause your posts are a valuable addition.
Hoping we all get good outcomes soon, so we can discuss more interesting matters leading to production ( we all know what they are )
I would also like to commence charting AVZ soon too.............i miss the whales.....
Remark
Top 20
Good to see you back Beisha. Nigel may surprise some people (well pretty much all of us) tomorrow.
In reality I should stop being such an optimist
John25
Regular
Oh well …we will see soon enough ..edgy /stressful ..might need some of “Nuts” Mushrooms
https://www.google.com.au/imgres?im...hUKEwjV2YGV3Zr5AhU9_DgGHbZlA9cQMygAegUIARCzAQ
https://www.google.com.au/imgres?im...hUKEwjV2YGV3Zr5AhU9_DgGHbZlA9cQMygAegUIARCzAQ
Attachments
Frank
Top 20
*Welcome back from the C - BWhere was the US / Europe when AVZ were spruiking offtakes ?
I preyed and preyed on the hot crapper for some balance.............instead we / AVZ are dominated by chinese entities ...........all under the guise and instruction of President Xi.
Maybe the US / Europe knew about all the " brown paper bags snack " corruption sagas before us retail plebs and decided to stay on the sidelines ?
I guess better late than never, something has to be done to keep those chinese entities " honest "...
Re: US / EU - What J said, plus a bit extra from F thanks to Q on the C, as
Since his election in 2019, when he completed the country’s first peaceful democratic transition of power, President Félix Tshisekedi has governed through a reformist agenda aimed at improving the DRC’s economic outlook.
A central pillar of his strategy has been to counter corruption within the mining sector, which has traditionally prevented the country from fully benefiting from its cobalt riches.
To this end, Tshisekedi committed last year to audit and, if necessary, renegotiating all existing mining contracts.
With the DRC now putting its full weight fighting corruption in its mining sector, the EU can have greater confidence in the country as a reliable trade partner.
Lastly, Europe should concentrate on trading partnerships that could give it access to copper, which is required in large quantities to produce wind, solar and nuclear power plants.
Unfortunately, the EU is likely to face a series of obstacles to achieving this goal, since mining in the two largest exporters of copper – Peru and Chile – is being threatened by recent political developments.
In Peru, weeks of protests have brought copper mining to a standstill, with President Castillo resorting to calling the army to restore production.
In Chile, instead, the recent election of the far-left President Gabriel Boric, who plans to increase taxation and royalties for mining activities, has caused unease for companies operating in the region.
Even if the political trajectory in both countries seems to put mining exports at greater risk, the EU can still turn to Australia, the DRC, and the United States, which are all sitting on large untapped reserves of copper.
Regardless of what the political challenges may be, if Europe is serious about turning the energy crisis caused by Russia’s invasion of Ukraine into a seminal moment for its green transition, it cannot merely think about the short-term.
Transforming carbon reduction targets into reality mean the EU must start now securing the raw materials and minerals it will need to build clean energy infrastructure and electric batteries.
Crafting strategic partnerships and closer trade agreements with key exporting countries is therefore the biggest investment the EU can make for its green future.
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eutoday.net
The DRC mining industry produced 572,983 tonnes of copper from January to March 2022
The mining industry in the Democratic Republic of the Congo produced 572,983 tonnes of copper between January and March 2022 compared to 379,755 tonnes of copper in the same period in 2021, an increase in production of 193,228 tonnes, according to Bank data. central Congo in its compendium of statistical information.During the first three months of this year, Gécamines produced 805 tons of copper, less than 1% (or more exactly 0.14%) of the production volume of the Congolese mining industry.
Recall that for the whole of 2021, the Democratic Republic of the Congo produced 1 million 797,836 tonnes of copper.
copperbeltkatangamining.com
More Food for thought on the Road to Mining Manono Bro's
Cheers
Frank
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