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Publication of Award to DRC JV
Red Rock Resources plc has announced the publication of an Avis de Non Objection (ANO) from the DGCMP and a Notification d'Attribution Provisoire from the Ministry of Rural Development in the DRC, relating to the provisional award of a contract for low-cost housing factories. The company has a joint venture for this social benefit associated with future mining activities, with initial progress expected on three factories and potentially five more orders soon. Further steps include submitting a signed Lettre d'Engagement, drawing initial funds, and a site visit, with ongoing progress also reported on the Musonoi licence claims and the grant of a new copper-cobalt licence in the DRC. Disclaimer*
About this update from Red Rock Resources Plc
Red Rock Resources PLC ("Red Rock" or the "Company") Publication of Award to DRC JV 25 June 2026 Red Rock Resources Plc, the natural resource exploration and development company with interests in gold, base metals, battery metals, and hydrocarbons, principally in Africa and Australia, announces, further to the announcement of 1st June 2026, the publication on the website of the Autorité de Régulation des Marchés Publics (armp-rdc.cd), or Public Procurement Regulatory Authority in the DRC, of the issue of the Avis de Non Objection (ANO) to our joint venture partner by the Direction Générale de Contrôle des Marchés Publics (DGCMP) of the Ministry of Budget, and the subsequent issue of a Notification d'Attribution Provisoire by the Ministry of Rural Development. This documentation relates to the provisional award of a contract for the provision and operation of factories for low-cost housing, following successful completion of the tender process. The Company has a JV for the provision of low-cost housing as part of the social benefit associated with future mining activities. Anticipated next steps now that publication has occurred are submission of the signed Lettre d'Engagement, the drawing of initial funds, and a site visit with Ministry officials. As each stage of the various workstreams now progresses, further announcements will be made. An initial presentation showing in greater detail the process of factory and housing construction will be posted on the Company website. Red Rock Chairman Andrew Bell comments: "The initial three factories will now be progressed and we expect up to a further five orders shortly. Progress continues on the resolution of the Company's claims in relation to the Musonoi licence and the grant of the first new copper-cobalt licence in the DRC. The Company has been on site and focussed seven days a week on successful resolution of DRC matters since early April, as it was identified that these were entering a critical phase. This announcement should be read in conjunction with that of 1st June 2026." For further information, please contact: Andrew Bell 0207 747 9990 &...
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