AVZ Discussion 2022
- Thread starter GazDix
- Start date
Xerof
Biding my Time 1971
It’s historical, i.e. pre AVZ I think mate. Offline right now but will have a scout tonight unless someone else answers prior
Spikerama
Regular
I will be the first to admit that not everyone likes my lack of meaningful research and glib sense of humour but I know a few who do.
Attachments
Xerof
Biding my Time 1971
@Winenut - yeah seems to be from the good old days. Not sure who they are chasing - DG or SC or both, but for sure they are pointing the chicken bone at some of our favourite actors. 12454 and 12459 no longer appear directly. Might have since changed tenement numbers. The others are randomly spread throughout the general vicinity - land banked?
Xerof
Biding my Time 1971
More polite than me but hey......
Sammy_da_Smile
Regular
12454 and 12459 along with the other quoted numbers, listed below here:
These are what we used to own, see contract here: http://cominiere.cd/contrat.php
Of the six we only were interested in 13359.
Winenut
Go AVZ!
correct and 13359 is the only one in the article not linked to or mentioning associated to illegal activity in any way
Winenut
Go AVZ!
always sounds more polite in French
Xerof
Biding my Time 1971
Yes, agreed, they were given back by DATHCOM. The issue seems to be what COMINIERE did with them after that. The DRC investigative journalists/civil society teams seem to think the next set of transfers are crook.
But, nothing to see there for AVZ, except perhaps an interest in seeing the cunts jailed, especially if it's the same actors fucking us over.
And just for the record, these guys with warrants out for arrest, have yet to be tried, found guilty, hung, drawn and quartered, before any celebratory naked bridge crossing should be done. (unless you want to practise)
Mr Inappropriate
Regular
Uglybob
Regular
Is this one of those 'Elf on a Shelf' spin-offs? I can't think of a suitable work that rhymes with 'blunt' though...
Samus
Top 20
This sounds like it directly relates to us.I'm reading as this is the main crime and then goes on to list the various crimes of Cominière but I'm squinting on a phone screen at this dud translation. Will fire up the 34" wide-screen later.
Also it's fairly clear from recent correspondence that these NGO's have got it in for Cominière in relation to the selling of the 15% and general hold up of the project as well as messing with the MOU for the power plant.
You and Xerof pretty hard to please!
And I'm known as the pessimistic bastard.
Last edited:
Xerof
Biding my Time 1971
That main crime is the sale to Z subsidiary. So, directly, not related to us. We don’t own it, may own it eventually but not at this time.View attachment 23054
I'm reading as this is the main crime and then goes on to list the various crimes of Cominière but I'm squinting on a phone screen at this dud translation. Will fire up the 34" wide-screen later.
Also it's fairly clear from recent correspondence that these NGO's have got it in for Cominière in relation to the selling of the 15% and general hold up of the project as well as messing with the MOU for the power plant.
You and Xerof pretty hard to please!
And I'm known as the pessimistic bastard.
The rest is new target for investigation
Samus
Top 20
Well that's arguable since part of the problem of selling this to Zijin is the violation of our pre-emptive rights which in itself is more evidence of corruption. But I know what you are saying.
Bin59
Regular
Is Guy Loando Mboyo on the list of people to be looked into? If not, maybe he should be given his background and current position in government as there is the potential for biased influence in matters affecting the mining sector.
PRESS RELEASE | DEC. 13, 2021
TweetShare FacebookShare LinkedIn
NATURAL RESOURCE GOVERNANCE
D.R. CONGO
Communities and the DRC could lose out unless companies and investors disclose key information on the deals and people behind them, and address environmental risks.
13 December 2021 (Updated 31 January 2022)
– A new investigation into the DRC’s nascent but globally significant lithium sector sounds the alarm on a swathe of potential supply chain risks. Global Witness’ report raises key questions around how future production and its environmental impacts will be managed and who stands to benefit if the DRC’s deposits of hard-rock lithium are exploited to meet the growing demand for minerals critical to renewable energy technologies.
The country’s lithium production is set to begin in 2023, driven by richer nations' efforts to decarbonise their economies. Global lithium demand could grow 40 fold by 2040 [1]. But unless regulators, companies and investors take urgent action, what are currently potential environmental and human rights risks, as well as a lack of accountability and transparency, could end up hardwired into the sector.
Global Witness’ investigation looked at a sample block of 51 mining concessions, concentrated close to the town of Manono in southern DRC, where globally significant, hard-rock lithium deposits have been discovered. Three companies – AVZ Minerals Limited, Critical Resources Limited and Tantalex Resources Corporation – 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 and those reportedly close to former President Kabila.
Cong Maohuai, reported to have been an adviser to former DRC president Joseph Kabila, a claim he denies, is or was associated with companies with ownership links to six concessions investigated by Global Witness. Documents seen by Global Witness also appear to show there have been long-standing business links between Cong and now-serving Minister Guy Loando Mboyo. Cong Maohuai told Global Witness that Mr. Mboyo had served as a lawyer representing him and his businesses, although that representation had ended since 2019 and Mr Mboyo’s election to the Senate. Recent reports published independently of Global Witness relating to Congo Hold Up, the biggest leak of financial information from Africa to date, make separate allegations of business links between the two [2].
Local Manono communities appear to have differing and at times unclear understanding of the projects and risks related to the impact of the lithium mines, including their environmental impacts.
“For decades, Global Witness has documented how humanity has already pushed the planet to the brink through reckless management of fossil fuels and minerals. We must not repeat those mistakes with the energy transition. Our investigation shows that investors need to think critically before endorsing DRC’s lithium sector.
Company contracts, payments and beneficial ownership in key deals are not being fully and publicly disclosed, despite this being required by Congolese law. Companies must also ensure they fully respect the environment and communities in the mining areas,” said Paul Donowitz, Head of Natural Resource Governance Campaigns at Global Witness.
“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,” said Paul Donowitz.
PRESS RELEASE | DEC. 13, 2021
As global interest in DR Congo’s lithium deposits soars, the industry could be “seriously undermined” by governance, environmental and social risks – investigation
Share thisTweetShare FacebookShare LinkedIn
NATURAL RESOURCE GOVERNANCE
D.R. CONGO
Communities and the DRC could lose out unless companies and investors disclose key information on the deals and people behind them, and address environmental risks.
13 December 2021 (Updated 31 January 2022)
– A new investigation into the DRC’s nascent but globally significant lithium sector sounds the alarm on a swathe of potential supply chain risks. Global Witness’ report raises key questions around how future production and its environmental impacts will be managed and who stands to benefit if the DRC’s deposits of hard-rock lithium are exploited to meet the growing demand for minerals critical to renewable energy technologies.
The country’s lithium production is set to begin in 2023, driven by richer nations' efforts to decarbonise their economies. Global lithium demand could grow 40 fold by 2040 [1]. But unless regulators, companies and investors take urgent action, what are currently potential environmental and human rights risks, as well as a lack of accountability and transparency, could end up hardwired into the sector.
Global Witness’ investigation looked at a sample block of 51 mining concessions, concentrated close to the town of Manono in southern DRC, where globally significant, hard-rock lithium deposits have been discovered. Three companies – AVZ Minerals Limited, Critical Resources Limited and Tantalex Resources Corporation – 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 and those reportedly close to former President Kabila.
Cong Maohuai, reported to have been an adviser to former DRC president Joseph Kabila, a claim he denies, is or was associated with companies with ownership links to six concessions investigated by Global Witness. Documents seen by Global Witness also appear to show there have been long-standing business links between Cong and now-serving Minister Guy Loando Mboyo. Cong Maohuai told Global Witness that Mr. Mboyo had served as a lawyer representing him and his businesses, although that representation had ended since 2019 and Mr Mboyo’s election to the Senate. Recent reports published independently of Global Witness relating to Congo Hold Up, the biggest leak of financial information from Africa to date, make separate allegations of business links between the two [2].
Local Manono communities appear to have differing and at times unclear understanding of the projects and risks related to the impact of the lithium mines, including their environmental impacts.
“For decades, Global Witness has documented how humanity has already pushed the planet to the brink through reckless management of fossil fuels and minerals. We must not repeat those mistakes with the energy transition. Our investigation shows that investors need to think critically before endorsing DRC’s lithium sector.
Company contracts, payments and beneficial ownership in key deals are not being fully and publicly disclosed, despite this being required by Congolese law. Companies must also ensure they fully respect the environment and communities in the mining areas,” said Paul Donowitz, Head of Natural Resource Governance Campaigns at Global Witness.
“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,” said Paul Donowitz.
Recommendations
- Companies financing, producing, using or trading DRC’s lithium must 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): this includes those pertaining to ownership and control, payments, and contracts, and protection of the environment, health and safety, natural resource extraction and management, wildlife conservation, waste management, hazardous material activity, and air, water, land and groundwater pollution;
- Companies must 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;
- The Congolese government should 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 (EITI) reporting standards and best practice.
Winenut
Go AVZ!
Bottom line is I'm glad there seems to be some movement at the station finally on all the corrupt shenanigans
I certainly hope it leads to some good resolutions for us on PR 13359 and finally a granting of the Mining Licence
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