That signing was just the preliminary signing by ministers three weeks ago on 27 June 2025. The presidential signing in Washington is scheduled for around 27 July.
Ignore it.
AVZ Discussion 2022
- Thread starter GazDix
- Start date
That signing was just the preliminary signing by ministers three weeks ago on 27 June 2025. The presidential signing in Washington is scheduled for around 27 July.
Ignore it.
The 27-Jun and 18-Jul signing events are different.
27 June: International peace and investment accord (DRC–Rwanda–US)
18 July: Internal DRC decree on mining title reallocation (KoBold-focused)
Also regarding the finalisation of the Washington Accord ... including the three presidents, a formal date has not been set yet. Maybe it will be 27-Jul, but it could be sooner or could be later.
My thoughts are that in the signing of the agreement by Mom and being overseen by Felix himself is exactly what we want to happen ie Felix will make an executive decision re all what you mention Xerof. Cong will get told to fuck off , Celestine will unfortunately retain his share of Manono lithium , demarkation line of 13359 split sorted between Kobold and Zijin and possibly Zijin will pay some compensation as part of our " Fuck Off package" We now have no part to play other than cancelling ICSID and ICC cases when the money is in our accounts
Given the size of the mess i dont think there was ever any other way to resolve this other than executive order by Felix
Skar
Regular
Do you (anyone) have any details on what the agreement signed is or is this just a nothing agreement "kobold are going to explore DRC for minerals"?
Obvious elephant it didn't mention Manono or AVZ, I haven't seen any mention of titles, areas, targets or the like.
Skar
Regular
At the end of the day as long as the amount is high enough for AVZ to relinquish Manono, great.
The only reason Manono lithium might need to pay would be to settle for ROFR not being extended to AVZ and for any excess stake they have carved out of 25% of the JV cominiere had. IMO
Dave Evans
Regular
My opinion is the only reason that these arsewipes decided to finally agree on this is because AVZ resumed the ICSID case against the DRC and apart from that putting pressure on all of them, the price of lithium is starting to go up sharply again and they want a deal done before the price goes up further
Have a look at who’s in the photo. Lucy Tamlin, Kizito Pakabomba and Popol Mabolia Yenga (recently replaced DG of CAMI). Lucy is the only one there with any credibility
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Dave Evans
Regular
Just to be clear Kizito Pakabomba and Popol Mabolia both colluded with Cominiere and Zijin, and here’s a few reminders of what they did
2021
Recording of Celestin Kibeya’s secret deal with Zijin
2022
Zijin claims Cominiere sold 15% of Dathcom’s shares to Jin Cheng Mining and sent a letter to Cominiere threatening Cominiere if they reneged on the deal
View attachment 68092
View attachment 68096
These are the important pages
2022
The Inspector General of Finance provided evidence showing Cominiere’s sale of shares to Zijin subsidiary Jin Cheng was illegal and fraudulent
https://static1.squarespace.com/sta...f+DRC+Mining+Assets+by+COMINIERE+SA+-+ENG.pdf
2023
The International Chamber of Commerce ordered Cominiere not to take any action towards terminating the Dathcom JV with AVZ and should Cominiere violate the ICC orders it would be subject to a penalty of €50,000 per day
https://static1.squarespace.com/sta...rable+Ruling+in+ICC+Emergency+Arbitration.pdf
2023
The ICC ordered Cominiere not to take any steps to explore or exploit (directly or indirectly) within PR13359 and PR15775.
The ICC concluded that Cominiere violated both ICC orders and deliberately concealed evidence. The ICC then ordered Cominiere to now pay penalties of €100,000 per day for violating the ICC orders
https://static1.squarespace.com/static/5934d2ae6b8f5beeb5ba23f3/t/6556c81619b89256c649135d/1700186135012/20231117+-+ASX+AVZ+Successfully+Restrains+Cominière+and+Additional+ICC+Arbitration+Updates.pdf
2024
ICSID orders the DRC to re-establish Dathcom as the holder of PR13359 and Cominiere to refrain from taking any act likely to call into question PR13359
https://static1.squarespace.com/sta...+AVZ+Successful+in+ICSID+Interim+Measures.pdf
2025
The DRC and Cominiere continue to violate ICSID and ICC orders.
The International Chamber of Commerce provides evidence showing Cominiere acted illegally and orders Cominiere to pay AVZ €39,000,000 in penalty’s
https://static1.squarespace.com/sta...de+Courtoisie+de+la+Sentence+Partielle_en.pdf
Additional reports on Cominiere’s BOD accepting money from Zijin, including Lisette Tshibwabwa Kabanga and David Engazi
thestockexchange.com.au
thestockexchange.com.au
2021
Recording of Celestin Kibeya’s secret deal with Zijin
https://x.com/kongopress/status/1644597533987987456
2022
Zijin claims Cominiere sold 15% of Dathcom’s shares to Jin Cheng Mining and sent a letter to Cominiere threatening Cominiere if they reneged on the deal
View attachment 68092
View attachment 68096
These are the important pages
2022
The Inspector General of Finance provided evidence showing Cominiere’s sale of shares to Zijin subsidiary Jin Cheng was illegal and fraudulent
https://static1.squarespace.com/sta...f+DRC+Mining+Assets+by+COMINIERE+SA+-+ENG.pdf
2023
The International Chamber of Commerce ordered Cominiere not to take any action towards terminating the Dathcom JV with AVZ and should Cominiere violate the ICC orders it would be subject to a penalty of €50,000 per day
https://static1.squarespace.com/sta...rable+Ruling+in+ICC+Emergency+Arbitration.pdf
2023
The ICC ordered Cominiere not to take any steps to explore or exploit (directly or indirectly) within PR13359 and PR15775.
The ICC concluded that Cominiere violated both ICC orders and deliberately concealed evidence. The ICC then ordered Cominiere to now pay penalties of €100,000 per day for violating the ICC orders
https://static1.squarespace.com/static/5934d2ae6b8f5beeb5ba23f3/t/6556c81619b89256c649135d/1700186135012/20231117+-+ASX+AVZ+Successfully+Restrains+Cominière+and+Additional+ICC+Arbitration+Updates.pdf
2024
ICSID orders the DRC to re-establish Dathcom as the holder of PR13359 and Cominiere to refrain from taking any act likely to call into question PR13359
https://static1.squarespace.com/sta...+AVZ+Successful+in+ICSID+Interim+Measures.pdf
2025
The DRC and Cominiere continue to violate ICSID and ICC orders.
The International Chamber of Commerce provides evidence showing Cominiere acted illegally and orders Cominiere to pay AVZ €39,000,000 in penalty’s
https://static1.squarespace.com/sta...de+Courtoisie+de+la+Sentence+Partielle_en.pdf
Additional reports on Cominiere’s BOD accepting money from Zijin, including Lisette Tshibwabwa Kabanga and David Engazi
Lisette Tshibwabwa Kabanga
31/07/2023 Lithium: the COMINIERE and the Congolese State paid US$1.6 million for the lobbying of Lisette Tshibwabwa Kabanga "Lisette Kabanga Tshibwabwa justified in particular the legality of lobbying in Congo" NEWSECONOMY Lithium: the COMINIERE and the Congolese State paid US$1.6 million...
David E’ngazi $70 Million Fraud
19/04/2024 Lithium: the intriguing transformation of $ 70 million from Zijin Mining to an NGO As part of its partnership with La Comminière, a subsidiary of the Chinese mining Zijin paid an important contribution to a mysterious Congolese NGO, whose president is himself a public company...
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Dave Evans
Regular
Just to be clear Pakabomba and Popol Mabolia both colluded with Cominiere and Zijin, and here’s a few reminders on their corruption
2021
Celestin Kibeya taking Zijin’s bribe
https://x.com/kongopress/status/1644597533987987456
2022
Zijin claims Cominiere sold 15% of Dathcom’s shares to Jin Cheng Mining and sent a letter to Cominiere threatening it would sue if Cominiere reneged on the deal after taking the bribe
View attachment 68092
View attachment 68096
These are the important pages
2022
The Inspector General of Finance provided evidence showing Cominiere’s sale of shares to Zijin subsidiary Jin Cheng was corrupt, illegal and fraudulent
https://static1.squarespace.com/sta...f+DRC+Mining+Assets+by+COMINIERE+SA+-+ENG.pdf
2023
The International Chamber of Commerce ordered Cominiere not to take any action towards terminating the Dathcom JV with AVZ and should Cominiere violate the ICC orders it would be subject to a penalty of €50,000 per day
https://static1.squarespace.com/sta...rable+Ruling+in+ICC+Emergency+Arbitration.pdf
2023
The ICC ordered Cominiere not to take any steps to explore or exploit (directly or indirectly) within PR13359 and PR15775.
The ICC concluded that Cominiere violated ICC orders, deliberately concealed evidence and ordered Cominiere to now pay penalties of €100,000 per day for violating additional ICC orders
https://static1.squarespace.com/static/5934d2ae6b8f5beeb5ba23f3/t/6556c81619b89256c649135d/1700186135012/20231117+-+ASX+AVZ+Successfully+Restrains+Cominière+and+Additional+ICC+Arbitration+Updates.pdf
2024
ICSID orders the DRC to re-establish Dathcom as the holder of PR13359 and Cominiere to refrain from taking any act likely to call into question PR13359
https://static1.squarespace.com/sta...+AVZ+Successful+in+ICSID+Interim+Measures.pdf
2025
The DRC and Cominiere continue to violate ICSID and ICC orders.
The International Chamber of Commerce provides evidence showing Cominiere acted corruptly, illegally and fraudulently and orders Cominiere to pay AVZ €39,000,000 in penalty’s
https://static1.squarespace.com/sta...de+Courtoisie+de+la+Sentence+Partielle_en.pdf
Additional reports on Cominiere’s BOD taking bribes from Zijin, including Lisette Tshibwabwa Kabanga and David Engazi
Lisette Tshibwabwa Kabanga
31/07/2023 Lithium: the COMINIERE and the Congolese State paid US$1.6 million for the lobbying of Lisette Tshibwabwa Kabanga "Lisette Kabanga Tshibwabwa justified in particular the legality of lobbying in Congo" NEWSECONOMY Lithium: the COMINIERE and the Congolese State paid US$1.6 million...
thestockexchange.com.au
David E’ngazi $70 Million Fraud
19/04/2024 Lithium: the intriguing transformation of $ 70 million from Zijin Mining to an NGO As part of its partnership with La Comminière, a subsidiary of the Chinese mining Zijin paid an important contribution to a mysterious Congolese NGO, whose president is himself a public company...
thestockexchange.com.au
That’s just my way of reminding shareholders of some of the bullshit we’ve had to put up with from those arsewipes since Cominiere and Zijin colluded to take Manono, and the excellent job Nigel and DLA Piper did to expose them.
Of course there’s a lot more bullshit to pile on top of that, not least remembering the roles of Mupande, the Green Grub, Antoinette N’Samba, Sama Lukonde and the others who all sailed off into the sunset without any accountability.
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En présence du Président Félix Tshisekedi, le gouvernement Congolais et l’entreprise Américaine Kobold Metals ont signé un accord de principe pour l’exploration minière
Ce jeudi à la Cité de l’Union africaine, le Chef de l’État Félix Tshisekedi a présidé la cérémonie de signature d’un accord de principe entre le gouvernement congolais et l’entreprise américaine Kobold Metals sur l’exploration minière en République Démocratique du Congo (RDC).
presidence.cd
Translation:
In the presence of President Félix Tshisekedi, the Congolese government and the American company Kobold Metals signed a preliminary agreement for mineral exploration.
This Thursday, at the African Union City, President Félix Tshisekedi presided over the signing ceremony of a preliminary agreement between the Congolese government and the American company Kobold Metals regarding mineral exploration in the Democratic Republic of Congo (DRC).
The Congolese Minister of Mines, Kizito Pakabomba, and the General Manager of Kobold Metals in the DRC, Benjamin Katabuka, signed the agreement, sealing a strategic partnership aimed at paving the way for American investments in the sector.
Welcoming the agreement, the Kobold Metals representative in the DRC stated that it aligns with the agreements between the United States and the DRC for peace and prosperity. "We hope that this door opened by the Congolese government for American investments will lead to further U.S. investments in the DRC," said Mr. Katabuka.
According to the General Manager of the American company, the signed agreement will be implemented in three key areas: "The company commits to investing in the DRC in the digitization of geological data, exploitation using advanced technology, particularly artificial intelligence, and the development of a lithium mining project located in Manono, in Tanganyika Province."
Mr. Katabuka noted that the DRC has a wealth of geological data that is not being utilized for the country’s benefit. He stated that Kobold Metals aims to finance the digitization of this data to make it accessible to everyone, thereby attracting investments to the DRC’s mining sector. In this regard, he promised that Kobold Metals will soon apply for research permits for large areas of land, using American technology.
The Congolese entrepreneur affirmed that Kobold Metals’ goal is to employ more Congolese people, train them, compensate them, and contribute to building infrastructure for the well-being of the population.
"a lithium mining project located in Manono"En présence du Président Félix Tshisekedi, le gouvernement Congolais et l’entreprise Américaine Kobold Metals ont signé un accord de principe pour l’exploration minière
Ce jeudi à la Cité de l’Union africaine, le Chef de l’État Félix Tshisekedi a présidé la cérémonie de signature d’un accord de principe entre le gouvernement congolais et l’entreprise américaine Kobold Metals sur l’exploration minière en République Démocratique du Congo (RDC).
Translation:
In the presence of President Félix Tshisekedi, the Congolese government and the American company Kobold Metals signed a preliminary agreement for mineral exploration.
This Thursday, at the African Union City, President Félix Tshisekedi presided over the signing ceremony of a preliminary agreement between the Congolese government and the American company Kobold Metals regarding mineral exploration in the Democratic Republic of Congo (DRC).
The Congolese Minister of Mines, Kizito Pakabomba, and the General Manager of Kobold Metals in the DRC, Benjamin Katabuka, signed the agreement, sealing a strategic partnership aimed at paving the way for American investments in the sector.
Welcoming the agreement, the Kobold Metals representative in the DRC stated that it aligns with the agreements between the United States and the DRC for peace and prosperity. "We hope that this door opened by the Congolese government for American investments will lead to further U.S. investments in the DRC," said Mr. Katabuka.
According to the General Manager of the American company, the signed agreement will be implemented in three key areas: "The company commits to investing in the DRC in the digitization of geological data, exploitation using advanced technology, particularly artificial intelligence, and the development of a lithium mining project located in Manono, in Tanganyika Province."
Mr. Katabuka noted that the DRC has a wealth of geological data that is not being utilized for the country’s benefit. He stated that Kobold Metals aims to finance the digitization of this data to make it accessible to everyone, thereby attracting investments to the DRC’s mining sector. In this regard, he promised that Kobold Metals will soon apply for research permits for large areas of land, using American technology.
The Congolese entrepreneur affirmed that Kobold Metals’ goal is to employ more Congolese people, train them, compensate them, and contribute to building infrastructure for the well-being of the population.
So Kobold has officially signed an agreement to develop Manono?
I guess they came to the table on the $12.
KentCStrait
Regular
I've been thinking more about this, and I think we all might be missing the forest for the trees. I think there are other bidders, and I think KoBold can't match what their offering and are trying to box them out.
Imminent !!!!That Ink is surely close to drying now
I asked Copilot for the full text of the 18-Jul agreement, but the answer is that it has not been made public to date. Coplilot provided a detailed breakdown of what the agreement probably covers, but I suspect that the Copilot answer is mainly speculation based on heresay and hence, I have not repeated it here.
Rechnerhand
Regular
Remarkable step for our issue ... a private foreign US investment company (with no track record) stands frontline with Head of DRC (next to US ambassador).
(I can not remeber any pic between Head of DRC and Manono Lithium SAS/Zijin)
"...With this in mind, he promised that Kobold Metals will soon apply for exploration permits on large tracts of land, using American technology. ..." --> after paid a fair value to AVZ for their legal holding (75%) of the project.
When it is all done, what will be the title of your book?Just to be clear Pakabomba and Popol Mabolia both colluded with Cominiere and Zijin, and here’s a few reminders of what they did
2021
Recording of Celestin Kibeya’s secret deal with Zijin
https://x.com/kongopress/status/1644597533987987456
2022
Zijin claims Cominiere sold 15% of Dathcom’s shares to Jin Cheng Mining and sent a letter to Cominiere threatening Cominiere if they reneged on the deal
View attachment 68092
View attachment 68096
These are the important pages
2022
The Inspector General of Finance provided evidence showing Cominiere’s sale of shares to Zijin subsidiary Jin Cheng was illegal and fraudulent
https://static1.squarespace.com/sta...f+DRC+Mining+Assets+by+COMINIERE+SA+-+ENG.pdf
2023
The International Chamber of Commerce ordered Cominiere not to take any action towards terminating the Dathcom JV with AVZ and should Cominiere violate the ICC orders it would be subject to a penalty of €50,000 per day
https://static1.squarespace.com/sta...rable+Ruling+in+ICC+Emergency+Arbitration.pdf
2023
The ICC ordered Cominiere not to take any steps to explore or exploit (directly or indirectly) within PR13359 and PR15775.
The ICC concluded that Cominiere violated ICC orders, deliberately concealed evidence and ordered Cominiere to now pay penalties of €100,000 per day for violating additional ICC orders
https://static1.squarespace.com/static/5934d2ae6b8f5beeb5ba23f3/t/6556c81619b89256c649135d/1700186135012/20231117+-+ASX+AVZ+Successfully+Restrains+Cominière+and+Additional+ICC+Arbitration+Updates.pdf
2024
ICSID orders the DRC to re-establish Dathcom as the holder of PR13359 and Cominiere to refrain from taking any act likely to call into question PR13359
https://static1.squarespace.com/sta...+AVZ+Successful+in+ICSID+Interim+Measures.pdf
2025
The DRC and Cominiere continue to violate ICSID and ICC orders.
The International Chamber of Commerce provides evidence showing Cominiere acted illegally and orders Cominiere to pay AVZ €39,000,000 in penalty’s
https://static1.squarespace.com/sta...de+Courtoisie+de+la+Sentence+Partielle_en.pdf
Additional reports on Cominiere’s BOD accepting money from Zijin, including Lisette Tshibwabwa Kabanga and David Engazi
Lisette Tshibwabwa Kabanga
31/07/2023 Lithium: the COMINIERE and the Congolese State paid US$1.6 million for the lobbying of Lisette Tshibwabwa Kabanga "Lisette Kabanga Tshibwabwa justified in particular the legality of lobbying in Congo" NEWSECONOMY Lithium: the COMINIERE and the Congolese State paid US$1.6 million...
thestockexchange.com.au
David E’ngazi $70 Million Fraud
19/04/2024 Lithium: the intriguing transformation of $ 70 million from Zijin Mining to an NGO As part of its partnership with La Comminière, a subsidiary of the Chinese mining Zijin paid an important contribution to a mysterious Congolese NGO, whose president is himself a public company...
thestockexchange.com.au
Maybe ... FFFS.
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