"Zijin said Tuesday it would partner with state-owned Cominiere to explore a newly created permit area in the southeastern town of Manono. But Australia’s AVZ Minerals Ltd. says the area covered by the new permit belongs to it.
“AVZ is seeking to affirm this position through its discussions with the competent DRC government agencies and, ultimately, through the various arbitration proceedings,” the company said in an emailed response to questions Wednesday. "
AVZ Price at posting:
78.0¢ Sentiment: None Disclosure: Held