Cominiere’s Corruption

[Dave Evans]

Cominiere’s Corruption

Investors, mining companies, battery maker’s and EV manufacturer’s around the world know the story of AVZ Minerals and how DRC state miner Cominiere seized the Manono lithium project from Dathcom and sold it to Chinese Zijin Mining

Follow the links below to see

1. The AVZ Minerals Story
2. Cominiere being bribed by Zijin Mining
3. The IGF Report detailing the corruption
4. First ICC Rulings against Cominiere
5. Second ICC Rulings against Cominiere
6. The ICSID Interim Orders against Cominiere
7. The ICC Ruling against Jin Cheng
8. The money Cominiere owes in penalty’s

In the meantime, Cominiere continues to violate the ICC and ICSID interim orders. Follow the links below to see the evidence and read the facts

THE AVZ MINERALS STORY

Since 2017 in the DRC, AVZ Minerals has spent over $140 million on Acquiring Equipment for Infrastructure, Soil Sampling, Field Mapping, Consulting, Drilling, Metallurgical Testing, Completing a FEED Study, Environmental Study and Impact Assessment Reports including Groundwater Management, a 160...

thestockexchange.com.au

https://static1.squarespace.com/static/5934d2ae6b8f5beeb5ba23f3/t/638ee2df77e76824d82d6fff/1670308576126/20221130+-+IGF+Report+on+the+Management+of+DRC+Mining+Assets+by+COMINIERE+SA+-+ENG.pdf

https://announcements.asx.com.au/asxpdf/20230508/pdf/05pgtwvs1482j9.pdf

https://announcements.asx.com.au/asxpdf/20231117/pdf/05xgd2s91x97y0.pdf

https://static1.squarespace.com/static/5934d2ae6b8f5beeb5ba23f3/t/65a8c1e5715dc369047d570d/1705558501784/20240118+ASX+AVZ+Successful+in+ICSID+Interim+Measures.pdf

https://static1.squarespace.com/static/5934d2ae6b8f5beeb5ba23f3/t/65f8fcdc46dd925dca503021/1710816476563/20240319++ASX+AVZI+Successfully+Defends+Against+Jin+Cheng+ICC+Proceedings+-+Eng.pdf

DRC ICC Penalty Calculator 2.0

Calculates the amount of penalties the DRC has incurred since the first & 2nd violation of the ICC court ruling

drc-icc-penalty-counter-2.netlify.app

 

[Dave Evans]

 

[Dave Evans]

Celestin Kibeya (Managing Director of Cominiere) was recorded taking a bribe from Zijin and then illegally sold shares in Dathcom’s Manono Lithium Project to Jin Cheng (Zijin) for $120million below it’s value. This sale is recorded in Jules Alingette (Inspector General of Finance) IGF Report and deprived the DRC of over $120million. The money from the sale was shared between Celestin Kibeya and his accomplices and the rest was squandered and unaccounted for.

Since then, Celestin Kibeya and Lisette Kabanga have colluded with the DRC Mining Cadastre (CAMI) allowing Cominiere to illegally seize the Dathcom project and form a new joint venture partnership with Zijin (called Manono Lithium) on PR13359 tenement that AVZ Minerals has already developed and was ready to start construction. Cominiere and Zijin have continued to violate local and international laws and rob the population of Tanganyika of millions of dollars

 

[Dave Evans]

International miners and investors be warned before investing in the DRC Mining and Battery Minerals sectors. The DRC invites foreign companies to invest in its mining and minerals sectors to develop battery minerals projects.

AVZ Minerals spent $140 million and fulfilled all mining license requirements, developing the Dathcom Manono lithium project to the Mining License and construction stage, then Cominiere took steps to deny AVZ and Dathcom the Mining License, seized Dathcom’s project and formed a joint venture with Zijin Mining called Manono Lithium.

This was done with the CAMI, Ministry of Mines and Ministry of Portfolio and has resulted in more than 20,000 international investors losing billion dollars worth of their investment.

The ICC and ICSID ordered Cominiere not to take steps to explore or exploit within PR13369 or PR15775, and to reestablish Dathcom as the holder of PR13359 but Cominiere and Zijin continue to violate these orders.

Cominiere was shown by the Inspector General of Finance to have committed fraud and its Managing Director (Celestin Kibeya) has been recorded taking a bribe from Zijin. Despite this, and further evidence of the corruption, Cominiere's corruption has continued.

Following Celestin Kibeya Kabemba being recorded taking a bribe from Chinese mining giant Zijin, Cominiere illegally sold 15% of shares in Dathcom to Jin Cheng Mining (a subsidiary of Zijin).

Kibeya Kabemba and Cominiere then seized the Manono lithium project from Dathcom and sold the entire northern tenement to Zijin, including the areas where AVZ had drilled and obtained drill core assays, built a camp that housed the drill core library and accommodation for local workers, and other infrastructure.

The DRC hasn’t follow its own Mining Code and also hasn’t abided by International Arbitration orders, including those by the International Chamber of Commerce (ICC) and the International Centre for Settlement of Investment Disputes (ICSID).

Cominiere is not only corrupt, it is broke and refusing to pay the penalties to AVZ Minerals (already over $70 million) ordered by the ICC and ICSID in arbitration for continuing to violate its orders.

Cominiere and Zijin’s joint venture (Manono Lithium) continues to violate the population of Manono

 

[Dave Evans]

ICC and ICSID Findings

 

[Dave Evans]

Communiques released from DRC Ministry of Mines shows conflicting information and misinformation from the DRC Ministry of Mines X.com site

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