AVZ Discussion 2022

Frank

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The Ministry of Mines strengthens the fight against fraudulent mineral exploitation

Cleaning up the Congolese mining sector was the focus of a meeting held this Friday, March 28, 2025, between the Ministry of Mines and representatives of mineral processing entities.

According to an official press release from the ministry relayed by the ACP (Congolese Press Agency), the discussions focused on the need for responsible and transparent sourcing.

The Minister of Mines, Kizito Pakabomba, strongly denounced the illegal practices that persist in the sector.

"It is unacceptable that some entities continue to source from uncertified sources, thus promoting fraudulent mining that harms our economy and the environment," he declared.


This initiative is part of the Congolese government's efforts to better regulate the exploitation and marketing of natural resources, with a view to maximizing economic benefits for the country and combating illicit channels fueling the informal mineral trade.

The Ministry of Mines intends to strengthen controls and collaborate with stakeholders in the sector to ensure a more transparent framework that respects environmental and economic standards.

mediacongo

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*Thanks to the corrupt Clowns like Cominiere & Kizito :ROFLMAO: 🤡 :rolleyes:
 
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Frank

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In other news, AVZ's DFS assumed an SC6 price of USD 699/t.

Even though the lithium market is in the doldrums, that price assumption is still 15-20% below recent SC6 pricing...
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According to mining sector specialist James Morrison, "Rio Tinto's interest in Congo's lithium assets represents a calculated long-term bet on lithium demand rebounding significantly as EV adoption accelerates globally. The current price depression actually creates an ideal entry point for well-capitalized players."

discoveryalert.com.au


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wombat74

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Expansion on previous article!

I am just wondering how they know so much about the Roche Dure deposit? Sounds like we should be selling $10 tickets to the AVZ core sample library!
"I am just wondering how they know so much about the Roche Dure deposit?"

Does RIO have a head office in Perth ?Nigel might of had a BBQ . Invited a few mates.
 
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Frank

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Mr_Tones83

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j.l

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RHyNO

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Actual footage of Felix (Lorain) negotiating with us (the bartender) and then Rio and Kobalt arriving.
 
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LOCKY82

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Interesting that this one doesn't mention AVZ at all 🤔
Very weird it's almost hard to leave AVZ out of any kind of article involving manono
 
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Flight996

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If you mention AVZ the DRC won't talk to you.

The bastards...

Angry John Cleese GIF by Monty Python
 
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Flight996

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Two things come to mind with RIO's potential play:

1. It seems to be merely a commercial transaction, but without the security guarantees that the DRC is seeking, and
2. If successful, may ultimately be a cash plus scrip offer, which allows RIO to offer a premium over KoBold.

Regardless of who ultimately wins the cupie doll, I kinda think that more potential suiters will be running the numbers.

Cheers
F
 
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PhatCatz

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Rio were in Country mid to late last year fwiw.

I assume there may have been a Manono visit or at least discussions about Manono on the side of their DRC tour. Or was Manono the tour purpose?
 
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PhatCatz

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wombat74

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Rio were in Country mid to late last year fwiw.

I assume there may have been a Manono visit or at least discussions about Manono on the side of their DRC tour. Or was Manono the tour purpose?
I think I remember a RIO number plate photo shopped on Deboss' car at one point . An old wink wink thing back in the day .
 
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JNRB

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Seeing all these posts on X reminds me of something that seems pertinent

Elon Musk decided he wanted Twitter so bought it outright for $44 Billion.

For Twitter.
So yes these Bilionaires can afford to drop some cash for Manono.

Yeeees rich people have gotten there by by frugal brutal business people, but they also cement their control by know not just when to be stingy, but when to wield their immense wealth like a hammer to make sure things go their way.

And Kobold, Rio etc are not negotiating with poor widdle stranded AVZ where they can bully a lowball price much as they're negotiating against China and their main weapon is their wallet.

Im still waiting on CATH's response to all this. I assume they're planning something in the background. I would assume some sort of counter/pre-emptive offer? Or maybe they'll just eat Zijin and then problems go away...
 
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LEFOOL

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Rediah

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I think I remember a RIO number plate photo shopped on Deboss' car at one point . An old wink wink thing back in the day .
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