1323 Google Earth polygon vertices
1324 Google Earth polygon vertices
1325 Google Earth polygon vertices
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Valorization of 3 research mining permits in the DRC covering the gold (target>2Moz) and iron (>1bt@65%Fe) deposit which have never ceased to be valid and in force majeure since their issues for violation of mining legislation for not having issued research certificates Administrative situation Mining permits 1323, 1324, and 1325 are valid and under force majeure since their issuance due to the failure to issue research certificates, which is a violation of mining legislation. These 3PRs come from 37PRs of the company JEKA sarl which were obtained through legal means. The documentation is available here. There is no legal obligation to immediately start the iron export project. The permits issued are solely for gold, and an extension for iron research is a right, as explained on page 4 of this document SUMMARY.pdf. According the mining legislation The 3 mining research permits (PR) were granted by Ministerial Orders in full compliance with mining legislation Doc1323 ; Doc1324 ; Doc1325 According art   10   du mining   code , only the Minister of Mines is competent to grant and revoke mining permits by Ministerial Orders. According art   109 of the mining   regulation , once the PRs have been granted and the surface area taxes paid, the mining registry issues research certificates According art   34 of the mining code, the mining registry office is prohibited from processing any new application for an area already allocated It is irrevocably established No Ministerial Order has ever existed to revoke these 3PRs, so they have never ceased to exist. In violation of Article 109 of the Mining Regulations, the research certificates for these 3PRs were never issued. Under Article 34 of the Mining Code, any mining permit granted on an area already covered by a more recent mining permit is non-existent . The Congolese authorities granted 36 other PRs covering the 3PRs of Thaurfin ltd to a fictitious applicant who graciously transferred them to the company Iron Mountain Enterprises belonging to Dan Gertler. The Congolese authorities have committed numerous   crimes in an attempt to bring these 36PRs into existence and to make the 3PRs of Thaurfin Ltd disappear. In conclusion Thaurfin ltd's 3PRs are valid These 3PRs have been in force majeure since their granting The 36PR awarded to Dan Gertler never existed By virtue of the maxim "the accessory follows the principal" any iniquitous judicial decision which considers the existence of these 36PR is destroyed by their non-existence. The Congolese authorities are liable for very heavy damages, in particular for the harm caused by having been prohibited from developing these 3PRs. General Information General information on the development of the research permits (3PR) is available here . The presence of gold is crucial as it allows us to obtain long-term exploitation permits. Project Importance ( cf memo ) The 3PR cover the Banalia gold and iron deposit and are under force majeure since their issuance. They benefit from the 2002 mining code; under the 2008 code, such a deposit can only be allocated through a tender process. Logistics is often the cornerstone of the development of iron ore deposits. Being close to the Congo River, river transport is essential; the ore goes down the river. We are developing energy-efficient, secure and seamless river transport, specially adapted to the river. As this file shows, the Banalia deposit is much more interesting to develop than that of Simandou, on the one hand because the export infrastructure contributes to the development of the country, but also thanks to its hydroelectric potential allowing it to produce steel without CO2 emissions The history of these 37PR This documented history reveals the dispossession of the 3PRs held by Thaurfin Ltd. by 36 other PRs granted to Dan Gertler and the numerous turpitudes of the Authorities to make them exist since these 36PRs are factually non-existent. As a result, the remaining 34PRs of JEKA have been heavily impacted by this scam. Solidarity between the company JEKA sarl and Thaurfin ltd Since these two companies are defending the same case, they have joined forces to ensure that the validity of the 37PRs and their force majeure status since they were granted are recognised. File documentation In order to avoid any misinformation, the facts are documented in   French   on   this   page . Also published are the letters sent to the Authorities with acknowledgment of receipt which show the preference for a friendly solution since it is favorable to the Republic as presented in this summary. Thaurfin ltd Thaurfin Ltd. was created in July 2012 to be a partner in a real estate project brought by its two shareholders who were   forced   to leave   it . This company was inactive until the 3PRs   were   transferred to it on February 15, 2018. The shareholding has remained unchanged since its creation as shown in these documents . Investor As long as an investor has not committed to developing these 3PRs, it is preferable that the force majeure situation due to the default in issuing research certificates continues since the 3PR validity counter remains at zero. The opening of capital to a partner wishing to settle permanently in DRC is envisaged, any request will be considered.
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