Cominière is a state-owned enterprise owned 90% by the DRC Government through the Ministry of Finance and 10% by the Institut National de Sécurité Sociale.
It is able to act independently of the DRC Government, though its board reports to the Minister for Portfolio.
• Cominière’s purported sale of 15% of the shares in Dathcom to Jin Cheng Mining Company (Jin Cheng) which is a subsidiary of Zijin, in contravention of AVZ’s pre-emptive right and which was heard at the ICC in Paris on 5 and 6 of October 2023 with a decision on the jurisdictional question pending to be delivered in January 2024;
• Cominière’s application to split PR 13359 and then transfer the northern area (ie PR 15775) to Manono Lithium SA;
AVZ Price at posting:
78.0¢ Sentiment: Hold Disclosure: Held