Ahh ok, thanks for clarifying CD. Just followed some info that was posted earlier. Twitter always baffles me.
AVZ Discussion 2022
- Thread starter GazDix
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They could take learnings from the AVZ saga.The formal notice to Congo Gold Raffinerie by Minister Kalambayi based on the mining code is illegal and illogical
NEWSECONOMY
The formal notice to Congo Gold Raffinerie by Minister Kalambayi based on the mining code is illegal and illogical
July 27, 2023
Kiki Kienge
By Kiki Kienge
The Minister of Mines of the DR Congo, Mrs. Antoinette N'Samba Kalambayi justified her decision of her formal notice, by a non-respect of the company CGR of certain provisions of the Mining Code, social obligations, in particular those relating to the drafting of specifications for social responsibilities.
In his decree, N'Samba Kalambayi referred to a formal notice sent to this gold mining company which had six months to regularize the situation.
But now, according to the Ministry of Mines, six months later, the CGR company has never started a single procedure to meet its social obligations.
It should be remembered that, only a few months ago, the same Minister of Mines had guaranteed to the leaders of this company the legality of their actions and her support for their company.
“Madam Minister reassured us of her support ,” said Dieudonné Kasembo Nyembo , one of the directors and partner in Congo Gold Refinery.
What surprises the experts of the mining sector, is that the Minister of Mines brandishes the mining code as the reason for her sanctions, when this one (mining code) specifies in her mind, that the processing entities are not subject to the Specifications.
“The CGR is criticized for not having signed the specifications. Only holders of mining rights and quarrying authorizations are subject to this obligation,” says Pierre Okenda, director of Resource Matters .
Congo Gold Raffinerie reacted to the ministerial decree, through one of its spokespersons:
“We don't understand, the specifications apply to mining entities that have an operating license, we are not an operating company. »
For Pierre Okenda, the Congo Gold refinery license cannot be withdrawn for these reasons put forward by the Ministry of Mines.
Go straight to the courts. Fuck negotiation.
We lost nearly a year "negotiating"
Cumquat Cap
Regular
Apparently ICSID has brought DRC Govt to the table although nothing concrete
I believe in the first few months the BOD had talked about being in discussions with the "highest level of government". Then it was with "competent DRC authorities".
All the while turns out nothing was going on.
If we had went straight to ICSID sooner we may have cut out 6 months of waiting we didn't need.
If a TO or JV is in play then does it matter if they're brought to the table? Because you'd expect the court case to be withdrawn eventually?
If they're brought to the table then to me a TO or JV has not been negotiated.
MoneyBags1348
Top 20
Starting with Mills Tshibangu…. He is a director of privately owned online broadcaster Chat Television and one of CKK and Adele Kayinda’s biggest supporters.
This corrupt arsehole who has slandered AVZ was arrested earlier this year due to a defamation complaint filed against him by Antoinette N’samba.
Antoinette N’Samba has been misinformed and lied to by Mupande and CKK and is not our enemy.
I get my information from Nigel the next door neighbours beagle, I don’t know where the fuck other people on here get there’s…. Personally I think the beagle is more informed than most
This corrupt arsehole who has slandered AVZ was arrested earlier this year due to a defamation complaint filed against him by Antoinette N’samba.
Antoinette N’Samba has been misinformed and lied to by Mupande and CKK and is not our enemy.
I get my information from Nigel the next door neighbours beagle, I don’t know where the fuck other people on here get there’s…. Personally I think the beagle is more informed than most
Trying to keep an open mind but IMO her pearls and rolex watch plus diamond rings and dagger stilettos don't portray support for Dathcom .
The quicker a T/O is achieved the better .
Samus
Top 20
Cumquat Cap
Regular
Agree, think Antoinette has conned everyone who thinks she's fair and altruistic and think she's very much on the take
So if I'm reading the blacked out bits correctly a deal has been sorted ? Now waiting on paper work to be sorted ? So another 6 months ?
MoneyBags1348
Top 20
She is a former Civil Society activist who advocated for civil rights and democracy. She had no previous mining experience and in my opinion was thrown into the lion’s den where the corrupt actors have tried to deceive her.
Scoota30
Regular
It takes a long time to translate documents... Maybe they should just all use emojis or pictures instead to streamline the process
marksmann007
Regular
Hey Bags very much appreciate the time & effort you put into researching facts about this shitshow.
This whole ordeal is tiring, draining & disheartening, so much lost time but screw the thieving scum & stand strong holders.
The longer this takes the more stubborn I’m becoming, we’ve all sacrificed plenty waiting this crap out it’s beyond frustrating.
Give the corrupt actors what they’re entitled to.
Nothing.
Does the beagle have an opinion on whether Antoninette is now aware of the deception by the snakes?
This whole ordeal is tiring, draining & disheartening, so much lost time but screw the thieving scum & stand strong holders.
The longer this takes the more stubborn I’m becoming, we’ve all sacrificed plenty waiting this crap out it’s beyond frustrating.
Give the corrupt actors what they’re entitled to.
Nothing.
Does the beagle have an opinion on whether Antoninette is now aware of the deception by the snakes?
Frank
Top 20
I'm going to buy him a Horse with the money i make from Milking this Cow when it comes good and delivers Buckets of $$$$$
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