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AVZ Minerals lodges Manono Mining Licence application with DRC Government
This “marks the culmination of our highly strategic and well-executed exploration program and is another signal that the company is rapidly advancing towards the construction phase of our mining project and, ultimately, moving into production,” says MD. The company is working towards delivery of the first SC6 lithium product in the first quarter of 2023.
AVZ Minerals Limited (ASX:AVZ) (OTCMKTS:AZZVF) (FRA:3A2) has passed a key milestone along the path to production at Manono Lithium and Tin Project with a Mining Licence application lodged with the DRC Government.
All of the required documentation to support AVZ’s application for the Permis d’Exploitation (Mining Licence) has been lodged by AVZ’s majority-owned DRC company Dathcom Mining SA and accepted for consideration by the Cadastre Minier (CAMI) in Kinshasa.
Small Cap Wrap - Rotala, Pelatro, MyHealthChecked and more.
The consumer home-testing healthcare company, announces it has on 16 May signed a second contract with Boots UK Limited, the health and beauty retailer and pharmacy group, to supply the MyHealthChecked™ COVID-19 at-home nasal swab kit, laboratory testing service and logistics for day two and day eight (D2/D8) coronavirus testing for international arrivals.
17 May 2021
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Kistos (LON:KIST) readmitted to AIM, following the Company s successful Equity Financing in connection with the Acquisition of Tulip Oil Netherlands. Tulip Oil has a portfolio of assets which include profitable, cash generative producing assets, plus exploration and appraisal assets. Tulip Oil has 19.5 mmboe of 2P reserves and has 102.1 mmboe contingent resources.
AVZ Minerals Limited lodges Manono Mining Licence application with DRC Government proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.
I am one of those that strongly condemned the action of the minister of state for Petroleum resources, Timipre Sylva on grounds stated below. One, the minister cannot arbitrarily revoke or renew an Oil Prospecting or Mining License OPL/OML. Two, the minister does not have discretionary power to award or allocate a revoked OPL/OML3.The minister should put the interest of the nation first above the interest of any individual or company. Marginal fields allocation list approved by the President is questionable.
The contractor/operator signed a Joint Venture (JV) or Production Sharing Contract (PSC) agreement with NNPC not DPR. DPR can only revoke or renew a JV or PSC agreement on recommendation from NNPC. This process was neglected by the minister. If for the above reason the license is revoked, the Blocks OPL/OML shall go for competitive bidding to determine its true value. It’s economic sabotage to assign a block free without competitive bids especially Oil and Gas Producing Block.