Entwickler eines Weltklasse Lithium-Zinn-Projektes im Kongo
Das Manono Lithium & Zinnprojekt beherbergt 6 massive Pegmatitvorkommen. Im Mai 2019 wurde eine M&I Ressource von 269 Mio. Tonnen mit Gehalten von 1,65% Lithium veröffentlicht. Die wirtschaftliche Schätzung sieht eine Verarbeitungsanlage mit 2 Mio. Tonnen pro Jahr vor. Diese kostet ca. 160 Mio. USD rentiert mit einem IRR von 90%.
Im zweiten Quartal 2019 wurden wirtschaftliche Schätzungen für eine 5 Mio. Tonnen Verarbeitungsanlage vorgelegt. Die Studie prognostiziert ein 20jähriges Minenleben und bestätigt trotz hoher Transportkosten einen IRR von 64%. Die gesamten Baukosten für diese Anlage würden bei geschätzten 380 Mio. bis 400 Mio. USD liegen.
Zinn als Beiprodukt
Nicht zu vergessen sind die Zinnvorkommen auf Manono, die bisher noch gar nicht in die Wirtschaftlichkeitsberechnungen eingegangen sind. Auf diese Zahlen warten bestimmt einige Großkonzerne, da geplant ist, das Konzentrat eventuell über Straßen, Schienen und Schiffe nach Dar es Salaam (Tansania) zum weit entfernt liegenden Exporthafen zu transportieren.
Die 4 Mrd. schwere Kobaltproduzentin Huayou International Mining (Hong Kong) Limited erhöhte ihren Anteil an AVZ auf 9,47%. Im ersten Quartal 2020 soll die Machbarkeitsstudie zu Manono veröffentlicht werden. Eine Projektübernahme durch einen großen Player wäre dann sicherlich nicht mehr auszuschließen und ein möglicher Exit für AVZ Aktionäre.
Managing Director (BSc Geology, FAusIMM, MAIG)
A geologist with over 30 years’ experience having worked in senior management positions for the past 18 years. He has experience in the exploration and definition of precious and base metal mineral resources throughout the world, including DRC, Zambia, Tanzania, Saudi Arabia, South East Asia and Central America. He has been active in the DRC for 15 years in gold and base metals exploration and resource development. Mr Ferguson is also Director of Okapi Resources Ltd (ASX: OKR).
Technical Director (BSc Geology, MSc Structural Geology)
Mr Johnston is a geologist with over 30 years’ experience in Australia, the Middle East, Romania, Malaysia and the DRC. He worked on various gold projects before joining Rio Tinto and then Midwest Corp where he was the Principal Geologist during its sale to Sinosteel Corporation for US$1.4 billion. Following this, he was Technical Director for 9 years with Ferrowest Ltd and contributed to the successful completion of the Feasibility Study for the Yalgoo Pig Iron Project. His technical experience is focused on the transition between orebody delineation and mine opening and has worked on over five projects that resulted in new mines being commissioned. He joined AVZ team May 2017 as Project Manager for Manono.
Non-Executive Director (Dip. Engineering (Civil))
Mr Brans is an experienced director and civil engineer with over 45 years’ experience in project developments. He is currently a Non-Exec Director of Australian Potash Limited and Carnavale Resources Ltd. Mr Brans was a founding director of Perseus Mining Limited and served on the boards of Syrah Resources Ltd, Tiger Resources Ltd and Monument Mining Ltd. He has been involved in the management of feasibility studies and the design and construction of mineral treatment plants for a range of commodities including for gold in Ghana, copper in the DRC and graphite in Mozambique. He has extensive experience as an owner’s representative for several successful mine feasibility studies and project developments.
Mr Hongliang Chen is a nominee of the Huayou Cobalt Group to the AVZ Board. Mr Chen joined the Huayou Cobalt Group in May 2002 and is currently a director and the president of the parent company, Shanghai stock exchange-listed Zhejiang Huayou Cobalt Co Ltd. Mr Chen previously worked in management positions at the Agricultural Bank of China, Tongxiang Branch Investment Corporation Tongxiang Securities Department and Shenyin Wanguo Securities Co Ltd.
Non-Executive DirectorMr Huljich has over 25 years’ experience in the legal, natural resources and banking sectors with a particular expertise in capital markets, mining, commodities and African related matters. He has worked in London for several prestigious investment banks, including Goldman Sachs, Barclays Capital, Lehman Brothers and Macquarie Bank with a focus on Commodities and Equity and Debt Capital Markets and has extensive on the ground African mining, oil and gas and infrastructure experience as the Senior Negotiator and Advisor for Power, Mining and Infrastructure at Industrial Promotion Services whilst resident in Nairobi, Kenya. Peter holds Bachelor of Commerce and an LLB from the University of Western Australian and is a Graduate of the Securities Institute of Australia with National Prizes in Applied Valuation and Financial Analysis. Peter is also a graduate of the AICD Company Directors Course. Peter is also an Independent Non-Executive Director of ASX Listed Kogi Iron Limited ASX:KFE.
Director Corporate Affairs (Dathcom Mining)
A metallurgist with 34 years experience in the African mining industry covering various commodities including PGMs, uranium and base metals as well as in the design, commissioning and operation of mineral processing plants. He was formerly Director of Hatch – Industrial Minerals (2004-06), Project Director for Areva Resources Centrafrique (2008-12), and a Business Development Executive, Worley Parsons from 2012 focussed on project development opportunities in Africa, including the DRC. From 2016 he was Partner focussing on business development and metallurgy for DRC at Madini Metals, a specialist African mine developer and operator. Mr Ngandu joins the team as Director of Corporate Affairs for Dathcom Mining the DRC subsidiary.
Joined Company Secretary
Mr Math is a Chartered Accountant with more than 13 years of resources industry experience. He previously worked as an auditor at Deloitte and is experienced with public company responsibilities including ASX and ASIC compliance, control and implementation of corporate governance, statutory financial reporting and shareholder relations.