In the Kingdom of Lesotho in southern Africa, its fabulous diamond mines in the Maluti Mountains, have delivered some very large stones. In fact, at 10+ carats, in size, Lesotho is quite unique in producing larger numbers of diamonds. Today, the government in Maseru, has questions being asked as to the correctness of diamond appraisals by the mining interests operations in the Kingdom. The government realizes it needs a impartial independent appraiser to verify the quality and presumably the carat counts of diamonds mined. Since it behooves all concerned to “TBV” account data submitted to it by the mining companies; so to does it benefit the mine managements. A independent auditor will demonstrate to both the government as well as the population that proper funds are being received for minerals exported.
Another example of TBV is occurring in Peru as the government wants to make certain any mine expansions and production of Gold that is exported, is in full accord with the contracts signed years ago. The American principal mining company management apparently is helping facilitate the Peruvian government’s requests. Wisely so.
A somewhat unseemly situation in Tajikistan is unfolding as to a large gold mining operation there. In Dushanbe, there is concern that approximately 10.0+ billion dollars of gold have been acheived by a North American mining company, with Tajikistan only receiving 1.0+ billion dollars. Now, TBV is being demanded by the attentive President of the Country, Emomali Rahmon. Since Tajikistan has very large deposits of Gold, proper appraisal and auditing is essential for future mining activities. Fortunately, for Tajikistan, as a ‘business behavior contrary’, Chinese entry into other mining activities in the country should benefit it. China’s historical “Long View” of endeavors, diminishes the avarice shown by businessmen in other countries. Han Cultural logic: “The steady rain is better than one downpour”, is very true.
In Argentina, Lithium mining is in ‘full swing’. We hope the mining companies will continue to honor commitments to water preservation and recycling so indigenous peoples in the locales, and fauna, will not suffer. Buenos Aires has the TBV commitment we assume, to keep contractual terms in full force.
The State of Nevada, in America, has a very large Lithium deposit near the Oregon border. At present, the Canadian owned mining company is being evaluated by a U.S. Federal judge as to its assurances that its mining activities desired, will be in full compliance with all laws. This TBV activity benefits all parties, the general public, and the fauna residents in the immediate area.
Reality: As robots, properly programmed, do not err, humans do, (accidentally or ‘on-purpose’); vigilance is, as vigilance does.
Reference: https://lestimes.com/government-to-hire-an-independent-diamond-appraisal/