Story perspectives

AVZ Minerals' Permits Canceled Again Amid New MOU with China

4/1/2026

Summary

Story summary

The Mining Registry canceled AVZ Minerals' permits for unpaid surface rights fees, marking the second cancellation in three years, and AVZ has 30 days to appeal.
On March 30, Louis Watum Kabamba, DR Congo’s Minister of Mines, signed a memorandum of understanding with Guan Zhiou, China’s Minister of Natural Resources, in Beijing to strengthen geology and mineral resources cooperation.
The memorandum ensures compliance with local laws and investment protection.

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Story summary

The Mining Registry canceled AVZ Minerals' permits for unpaid surface rights fees, marking the second cancellation in three years, and AVZ has 30 days to appeal.
On March 30, Louis Watum Kabamba, DR Congo’s Minister of Mines, signed a memorandum of understanding with Guan Zhiou, China’s Minister of Natural Resources, in Beijing to strengthen geology and mineral resources cooperation.
The memorandum ensures compliance with local laws and investment protection.