AVZ avz minerals limited

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    Suspicions of non-compliance: According to anonymous sources, Christian Lukusa, former AVZ lawyer, withdrew $7 million via informal Congolese networks between July 2023 and February 2024. On the run, he allegedly holds sensitive information, potentially linked to money laundering or corruption.Regulatory investigations:

    Australian Federal Police, having searched AVZ offices without concluding, reportedly discovered financial irregularities that precipitated the delisting of the company.

    Uncertainty persists over mining rightsIf AVZ invokes the Congolese Mining Code to claim its rights, the reality goes beyond the legal framework :⁇

    Although AVZ accuses Kinshasa of « illegal transfer of mining rights », the CCI's decision does not call into question the legitimacy of Zijin Mining.The Ministry of Mines maintains its administrative position to reassess the allocation of permits.

    Competition between international capital and Chinese companies is exacerbating.

    For observers, this case has become a test for mining investment rules in Africa, opposing the principle of « first occupant » to state sovereignty over resources, while reflecting the geopolitical reconfiguration of strategic mineral supply chains. With the progression of arbitrations and the growing involvement of American capital, this multi-billion dollar battle could experience unpredictable twists and turns.
 
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Currently unlisted public company.

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