They have gone as far as forging the documentation, coordinates, reef cards, and inspections in order to contest and occupy the mine,” said Mr Danda. “They unprocedurally altered and forged documents to resuscitate the forfeited Desman mine. “We have been operating on the mine for 14 years and all of a sudden LT and P Mining Syndicate is coming to claim ownership of the mine. Just this week, a jaw crusher and gold milling motors worth thousands of US dollars were reportedly stolen from the premise with the syndicate attempting to wrestle away the mine suspected to be behind the activities.Īccording to Mr Prince Danda, one of the Kobe Mine Group directors LT and P, the syndicate looking to take over the mining asset attempted to forge paperwork for ownership to gain control of the mining claims. Mining Syndicate was founded in 2021 with the goal of bringing Bitcoin mining to 1 million people by making it 99 more affordable and accessible. She can start by making public the guidelines for forming a syndicate and spell out very clearly the process for applying for a mining block.The dispute over ownership of the mine has caused the halting of mining operations until February 14, 2022, pending the High Court verdict, but it emerged this has created an avenue for vandalism of property at the Kobe Group Mine amid reports of growing cases of theft. She should then be aware that she will be held to higher standard of accountability and transparency with this new process. The Minister is on record as saying that the previous system of allocation of mining lands was flawed. This will be especially pertinent if very rich mining areas are located.Ĩ) How will GGMC deal with ownership of these blocks when granting a mining permit? Will it be in the name of all members of the syndicate?

Some of the questions which need answering are:-ġ) What really is a syndicate and what is to be achieved by issuing mining blocks in that form?Ģ) How can a syndicate be formed? Urgent clarity is needed on this question.ģ) How many mining blocks can a syndicate apply for?Ĥ) Can there be more than one syndicate in a specific area?ĥ) What are the guidelines for granting a mining block to a syndicate?Ħ) What happens if more than one syndicate is interested in the same area?ħ) How will disputes be resolved between members of the syndicate? It will be inevitable that squabbles and differences will arise when multiple individuals have equal right to the minerals on any given mining block. In the interest of fairness and transparency the ministry needs to publicize the guidelines for forming a syndicate and what criteria need to be met to ensure eligibility for a mining block. Miners on the coastland have little idea as to what really is going on. So far she has been spreading the word about syndicates almost exclusively in the mining districts. The Minister also needs to be reminded that miners exist both on the coastland and in the mining districts. As it is, only a few miners know what exactly this is. If this is indeed the case then the Ministry of Natural Resources needs to do some public relations to sensitize miners to this new mechanism. You can contact them by sending an email to NA or visit them at. It seems as though the way forward in acquiring mining lands is through mining syndicates, as alluded to very recently by Minister within the Ministry of Natural Resources, Ms Simona Broomes. MINING SYNDICATE LIMITEDs Corporate Identification Number (CIN) is U99999MH1927PTC001301.

Mining syndicate