MoneyBags1348
Top 20
"And I also like the links to Kiki Kienge (Kongo Press Reporter), she posts a lot of good information on corruption in the DRC."
Um, That's a handsome looking lady there @MoneyBags1348
View attachment 23542
Yea thatâs her
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Yea thatâs herThe journalist is confused between Dathomir and Dathcom. A pro-AVZ article, so poorly written.
Samus
Top 20
I'm not even sure what it is, makes my head hurt.
Replace the word Dathcom with Dathomir in this paragraph and with confirmation of last paragraph all transfers are definitive and irrevocable. Viola, you should feel better.
On this note, why did Zijin decided to proceed with arbitration rather than through the DRC courts? According to the mining code once the transfer is done, it's irrevocable. Anyone?
On this note, why did Zijin decided to proceed with arbitration rather than through the DRC courts? According to the mining code once the transfer is done, it's irrevocable. Anyone?
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oxxa23
Regular
hi wombat, don't bother mentally writing off your investment and continue to come on here.... you'll just do yourself a disservice... give yourself a few week's break through xmas and get off the socials...
i mean that in a sincere way... there's no point saying you've written it off, when still here consuming your time and head space....
Cheers mate
Thanks mate . That was beautiful . Didn't you get my memo ? I got 3 weeks to go . I'm making the most of it until then . A cleansing if you will before I retire . I'll probably ramp it up until then . Just for kicks .
cruiser51
Top 20
It is pretty obvious that the journalistic world wonders of cd.mining were still at school 2 Feb 2017.
Is this the best the DRC journalists can produce?? For fuck sake!
It is even worse than the dribble AFR Tommy came up with.
Tommy the journo, who honed his financial exquisite knowledge by working for the Motley Fool, what a fucking joke that is.
I am just perplexed that the AFR employs the Motley Fool pupil, who is so proud of his CV in which he mentions his time at the Motley Fool.
Having FT saying to the DRC youth to come up with evidence to proof that some of his ministers are corrupt is an indication that he has been too busy to read the report of his own IGF, or he simply doesn't believe the report.
Who knows, maybe he has been too busy to solve the world's problems and clocking up frequent flyer points, in stead of looking after his own backyard.
The DRC population did not elect FT to lead Africa, but to clean up the mess in the DRC.
The IGF made it pretty clear that the Green Princess abused her position.
Today the court case of FT's ex advisor continues, I wonder how many culprits will be thrown under the bus, in an attempt to reduce his punishment, or if the entire affair will be swept under the carpet.
If that would be the outcome, FT would have created a bigger mess than the corrupt circus he was supposed to sort out and he might as well kiss his re-election chances goodbye in a big way.
I recon your about right mate. the real perpetrators of this fraud are tight lipped and in the shadows under their rocks and out of public view. But pulling all the strings.
Frank
Top 20
The green witch is in trouble!
Manono's lithium file: Speculators and multinationals in search of financing at the base of the delay - The Dircab ClĂŠment Mushengezi fixes the opinion
Upon her accession to the Ministry of the Portfolio of the Democratic Republic of Congo (DRC), Her Highness Princess Adèle Kayinda Mahina, began first by making an inventory of the public companies under supervision before administering shock therapy to all these âlame ducksâ including the Congolese mining company (COMINIERE), a semi-public limited company, according to OHADA business law, created on April 12, 2010 following the decision of the General Assembly of shareholders namely, the Ministry of Portfolio and the National Social Security Fund (CNSS).
The purpose of the company, both for itself and on behalf of third parties, is to carry out all study, prospecting, research and mining operations for tin, colombo-tantalite, and all transferable and recoverable mineral substances as well as all operations of concentration and metallurgical and chemical treatment, transformation, export marketing of these substances and their derivatives, mining engineering and all operations likely to promote the achievement of the social object.
And generally, all financial, commercial, industrial, movable and immovable transactions, all acquisition of interests or holdings, in any form whatsoever, in any company or company existing or to be created that may be directly or indirectly related to the object if above or to any similar or related object, likely to promote its realization, its extension or its development.
The share capital of COMINIERE SA is 90% owned by the Congolese State through the eponymous ministry and 10% by the former INSS.
The press has made it its bold picks lately. We are in 2022, more than 10 years after its creation, nothing has been done for its development while in the bowels of the old mining town of Manono (Editor's note: Territory located in the province of Tanganyika, born following the sharing , in 2015, in four of Katanga, a region in the south-east of the DRC abounding in minerals, copper and cobalt in particular.
Manono was created at the beginning of the 20th century, with the exploitation by Belgian settlers of a deposit of cassiterite, the ore of tin), lithium, the metal that has become the star of electric car batteries, has been discovered in an old and vast cassiterite quarry called âRoche Dureâ, potentially one of the largest deposits of pegmatite LCT (lithium, cesium, tantalum) rich in lithium in the world.
âThere is even talk of reserves estimated at more than 1.5 billion tons of this precious mineral. It is the future of the country that is at stake here in Manono.
If all the companies participating in the joint venture are serious, once the Manono lithium project reaches maturity, the entire Tanganyika region and its surroundings will undergo a real economic and social transformation.
Unfortunately, this is not yet the case and we have to make allowancesâ, declared ClĂŠment Mushengezi Cirhuza, former Director of Cabinet at the Ministry of the Portfolio, speaking on the antennas of the Congolese National Radio and Television (RTNC). .
For the record, AVZ entered the partnership in 2017 with 60% of the shares; COMMINIERE, as a public company, 30% at; and DATHOMIR 10%. AVZ had a duty to seek funding to develop these mining projects. Five (5) years later, there is still nothing. It is in this situation that Minister of State Adèle Kayinda Mahina arrives on Wagenia Avenue in 2021.
Having noted this lethargy, the warrior will decide to revitalize the activities of this important company in the State portfolio which holds the one of the most important lithium mines which can help the development of electric batteries in the DRC.
But unfortunately, nothing was doneâ, specified the Dircab of the Minister of State Adèle Kayinda who, at the time, had breathed new life into this company before setting two objectives for its management: 1) To revitalize its main activities and, 2) Advancing the Manono lithium project.
To do this, the boss of the Portfolio will accept, after discharge from the Council of Ministers, that another partner joins the project to provide the necessary funding sought.
This is Zijing who has already proven itself elsewhere.
It should be recalled with the Dircab ClĂŠment Mushengezi Cirhuza that for the majority of the projects to be developed here in the DRC, both natural and legal persons often come as speculators, they raise funds internationally and leave with it by enriching themselves on the back of the Congolese.
Observation: The Congolese State is still in this state of non-development of its mines.
The Congolese people in general and those of Tanganyika in particular do not benefit from this. The representations of the people including CĂŠlestin Mbuyu Kabango, Martin Kabwelulu Labilo, former minister of Mines, even came to Kinshasa, the capital, to both complain and denounce this sad situation.
In short, Adèle Kayinda Mahina, according to the words of Director ClÊment, is a hardworking, fervent Christian, honest and honest woman.
She never accepts compromises with regard to her dignity and her Christian values.
She is moreover Princess, dignified and a woman of values.
As such, Kayinda Mahina Adèle is very uncompromising.
âThis whole campaign of demonization is only the fruit of the wickedness of people who only see their selfish interests in dangerâ, he concluded before shouting haro on the speculators.
www.geopolismagazine.net/dossier-lithium-de-manono-speculateurs-et-multinationales-en-quete-de-financement-a-la-base-du-retard-le-dircab-clement-mushengezi-fixe-lopinion/
Samus
Top 20
Alingete resents Adèle Kayinda with unreliable reports in COMMINIERE case
ADMIN DECEMBER 5, 2022 3 MIN READ
A fake news industry set up to destabilize Princess Adèle Kayinda
As the elections approach, the industry of fake news, cabals and gratuitous accusations are running at full speed. From this industry came a shameless accusation fomented for the sole purpose of smearing and tarnishing the honor of the Minister of State in charge of the Portfolio, Adèle Kayinda, pillar of the government for the reform of public enterprises.
A group of twelve NGOs wanted to offer the skin of the min'Etat to the Portfolio by relaying, in a press release, fake news according to which Adèle Kayinda actively participated in the selling off of the Congolese exploitation's heritage. mining (COMMINIERE), a public company whose shares are shared between the government (90%) and the National Social Security Fund (10%).
Thus, these NGOs called for the dismissal of Adèle Kayinda.
Sleuths believe that this press release constitutes an âattempt at media lynching made in a language of despair to undermine the image, dignity and honor of Princess Adèle Kayindaâ.
They explained that concerning the COMMINIERE, investigations were carried out both by the General Inspectorate of Finance (IGF) and other authorized public structures, reports drawn up and presented to the Prime Minister for assessment and for decisions which impose.
None of these investigations, affirmed concordant sources, concluded on the implication of the person of Adèle Kayinda in the selling off of the heritage of this public company.
They recalled that by decision of the Prime Minister, Sama Lukonde, public companies have been authorized to associate with private capital or foreign direct investment (FDI), through joint ventures, for the development of strategic minerals.
âIt is this reform, led by Adèle Kayinda within COMMINIERE, which is pushing under-informed people to cry out, without reason, for the selling off of this public companyâ, our sources maintained.
And to specify:
"When one knows the functioning of the structures of the government of the Republic, it is unwise to consider that a minister, even a minister of state, has the power to initiate alone such a reform which affects the life of the State, public finances and the lives of citizens on major mining projects that take an average of 30 years to completeâ.
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