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06 Feb

DRC to revoke AVZ’s Manono mining licence

Australia-listed AVZ Minerals confirmed on Monday the Democratic Republic of the Congo (DRC) has revoked a decree that awarded a mining licence for its Manono lithium project, Kallanish reports. DRC mining minister Antoinette N’Samba Kalaymbayi signed a decree on 28 January cancelling the decree issued last April saying ongoing disagreements and conflicts between shareholders have stalled the project. The deadlock prevents the state from benefitting from th…
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