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AVZ Minerals (ASX:AVZ) - Managing Director, Nigel Ferguson - The Market Herald
Managing Director, Nigel Ferguson
Source: 121 Mining Investment Events
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  • AVZ Minerals (AVZ) has lodged documentation to support its application for a mining permit for its Manono Lithium and Tin project in the Democratic Republic of Congo (DRC)
  • The application was submitted by AVZ’s majority-owned company, Dathcom Mining SA, and has been accepted by the Cadastre Minier in Kinshasa, with assessment set to be undertaken by the DRC Government.
  • The company also submitted a definitive feasibility study, plus environmental and social impact assessment (ESIA) documentation with the Cadastre Minier in Kinshasa
  • The company anticipates the mining licence to be expedited by the DRC Government in line with the company’s construction schedule
  • AVZ Minerals last traded at 14.5 cents on May 14

AVZ Minerals (AVZ) has lodged all required documentation to support its application for a mining permit for its Manono Lithium and Tin project in the Democratic Republic of Congo.

The application for the "Permis d’Exploitation" was submitted by AVZ’s majority-owned company, Dathcom Mining SA.

It has been accepted by the Cadastre Minier in Kinshasa, with assessment to be undertaken by the Democratic Republic of Congo (DRC) Government.

The company also submitted a definitive feasibility study, plus environmental and social impact assessment (ESIA) documentation with the Cadastre Minier in Kinshasa.

AVZ says it expects to receive feedback on the ESIA expected soon, after further discussions with Cadaster Minier.

The company also anticipates the mining licence to be expedited by the DRC Government, in line with the company’s construction schedule to deliver the first SC6 on train by the first quarter of 2023.

"Lodging our formal application for a Mining Licence for the Manono Project is yet another significant milestone for the company," AVZ’s Managing Director Nigel Ferguson said.

"A mining licence will also allow the company to quickly progress the Manono Project to a ‘bankable’ study level, set as a condition precedent and as required by prospective financiers of the Manono Project," he added.

AVZ Minerals last traded at 14.5 cents on May 14.

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