Trading Bougainville Copper (ADRs) 867948

............hat BOC auf seiner HP angegeben dass RT bereit ist sich von seinen Assets auf Bougainville zu trennen.Das ganze war lediglich eine Preisfrage.

In 93 wurde das Pritzker Angebot a 3,70 AUD u. in 97 die Chan Offerte a 7,50 AUD als ungenügend abgelehnt.

Beim Momistrip nach China bekundeten die Chinesen Interesse die Pangunamine zu übernehmen.

Nachdem Somare sein Afidivat vor über 10 Jahren redigiert hat wird es jetzt urplötzlich wie ein Kaninchen aus dem Hut gezaubert.

Könnte es nicht sein dass dies ein chinesisch unterstützter Schachzug ist um Rio zu einem Verkauf seiner Boug. Assets zu bewegen?

Für XX+ können sie meine Shares dann gerne haben. ;-)))))

.................. ease tension with violent factions

http://www.rnzi.com/pages/news.php?op=read&id=61415

Posted at 19:22 on 26 June, 2011 UTC

The government in the autonomous Papua New Guinea province of Bougainville wants ex-combatants to try and rein in renegade groups blamed for growing lawlessness in the south of the main island.

Violence, including a number of murders, around Konnou, have been attributed to factions led by Damien Koike and Paul Ihrah.

The Post Courier newspaper’s Bougainville correspondent, Gorethy Kenneth, says Damien Koike feels he’s been shut out of the development process and the ex-combatants will aim to heal the rift.

   “Basically what they are going to do is see if they can negotiate, just sit down and listen to Koike or listen to Paul Ihrah [about] what they want and then come back to the ABG. Basically a fact finding mission to find out what they really really want and if they can help in some ways.”

The ABG president John Momis has said international peacekeepers could be brought back because the lawlessness threatens to undermine the planned vote on independence due after 2015.

News Content © Radio New Zealand International
PO Box 123, Wellington, New Zealand

It was a brutal civil war right on our doorstep and it cost thousands of lives. The conflict in Bougainville fought over the world's biggest copper mine ended 14 years ago. Now the key players - Bougainville Copper Ltd, owned by mining giant Rio Tinto and the governments of Papua New Guinea and Bougainville want the mine reopened. But SBS senior correspondent, Brian Thomson, has uncovered explosive new allegations which may complicate the current talks. The controversial claims come from the Prime Minister of Papua New Guinea, Sir Michael Somare. Here is Brian Thomson.



REPORTER: Brian Thomson



It is a land of striking beauty, a picture postcard island, abundant in natural resources.



JOHN MOMIS, BOUGAINVILLE PRESIDENT:  The vast majority of Bougainvilleans, I would say over 97%, want the mine to be open. The ex-combatants, some of them are still holding on to guns, want the mine to be opened.



But as we will find out, not before they are compensated for the past. We leave by boat from the capital Buka, then it is a bone rattling five hour trip to the mine itself - a journey through battle sites and burnt-out remnants of a past that promised so much and delivered so little.



The problem for the government is there they may be attempting to negotiate the reopening of the mine - the reality is that they do not control the area around it. It is an effective no-go zone and former rebels operate a roadblock, with the assistance of former members of the Bougainville revolutionary army. We are about to attempt to negotiate our way through.



The rebel faction that man's the road block is called the Mekamui. They did not participate in the peace agreement that ended the war and they remain both armed and dangerous. On agreement to pay and $80 fee on the way out, they allow was through on condition that one of their men keeps his eye on us.



It is not long before we pick up another passenger and this time it is someone we had come looking for. Philip Miriori is a Panguna chief and landowner. He is friendly, and suspicious.



PHILIP MIRIORI, PANGUNA CHIEF:  Who are you, who are you gentlemen?



REPORTER:   We are from SBS television Australia.



PHILIP MIRIORI: Spies for Australia?



REPORTER:  The opposite!



And he is still scarred by the past.



PHILIP MIRIORI:  You see - what happened during the crisis. It is something that does not go out from people's minds. We died for it, shed blood for it.



This is the Panguna mine, two kilometres wide and half a kilometre deep, the war ensued here after the mine was closed down. It claimed the lives of 15,000 Bougainvilleans, around one 10th of the population. The PNG government was desperate to reopen it because it provided 20% of government revenues. The people of Bougainville got a little over 1% and a degraded environment, which is why they revolted.



In 2001 in the aftermath of the war many of the islanders launched a class action in the US against Bougainville Copper Ltd's parent company Rio Tinto. The case has been bogged down for 10 years. The landowners accused Rio Tinto of genocide, citing the company's support of the blockade of the island and the military action which took place after the revolt against the mine began. The plaintiff's lawyers claiming that Rio Tinto's manager on Bougainville at the time encouraged continuation of the blockade for the purposes of starving the bastards out.



PETER TAYLOR, CHIEF EXECUTIVE, BOUGAINVILLE COPPER LTD:   I have read that. It is one of the allegations. I know personally that the top people that were managing the company at the time....



Peter Taylor is the chief executive of Bougainville Copper Ltd. He told me he has personally investigated that claim and is convinced it is not true.



PETER TAYLOR: I have asked them about this and no-one knows anything about it so I do not know where that came from. It just does not make sense because really the Bougainville people were the people we needed to work with and we wanted them on side, not offside.



PHILIP MIRIORI: There was a big mountain there.



REPORTER:   In order to get to the copper and the gold they had to….



Panguna chief Philip Miriori is allegedly one of the bastards that Rio allegedly wanted to starve out. He is one of the named plaintiffs – one of the few still alive. Philip’s story is told on page six of the claim, his father lost his life as a result of injuries he received in 1964 when an empty 44 gallon drum was allegedly hurled at him from an airborne helicopter operated by Rio Tinto.



PHILIP MIRIORI:  Rio Tinto funded a war here. The Papua New Guinea government is only a small government that when you have the money you can do anything. It was on Rio’s advice that the blockade was in place.



What has not been revealed until now is the powerful support the people of Bougainville had when they launched their class-action. None other than Papua New Guinea's Prime Minister Sir Michael Somare, providing the sworn affidavit alleging that it was Rio Tinto calling the shots during the Bougainville war, forcing the PNG government to launch the blockade of the island and the military action in order to reopen the mine.



Obtained exclusively by Dateline, the affidavit written in 2001 when Sir Michael Somare was in opposition. It states in part:



2001 AFFIDAVIT:   ‘Because of Rio Tinto;s financial influence in PNG, the company controlled the Government. The Government of PNG followed Rio Tinto’s instructions and carried out it’s requests. BCL was also directly involved in the military operations on Bougainville, and it played an active role. BCL supplied helicopters, which were used as gunships, the pilots, troop transportation, fuel, and troop barracks. ’



Sir Michael Somare goes on to say that without Rio Tinto's activity on Bougainville:



2001 AFFIDAVIT: ‘the government would not have been engaged in hostilities or taken military action on the island.’



Once more, Peter Taylor says the allegations are baseless.



PETER TAYLOR:  I find it quite surprising he did say those things because he knows they are not true.



REPORTER:  Why would he swear on oath that this happened considering he had the knowledge into the government at that time?



PETER TAYLOR: I do not know. I have not asked him.



Jerry Singarok, was the former head of the PNG Defence Force during the crisis. It was his decision to oppose the government's deployment of mercenaries from the Sandline companies that finally led to a negotiated settlement. Now a businessman in Port Moresby, he shares Sir Michael Somare's interpretation of events.



JERRY SINGAROK, FORMER CHIEF, PNG DEFENCE FORCE: Well I am not surprised because Rio Tinto and Bougainville Copper Ltd were the big guns – the bigger players in Bougainville at the time and money speaks – money is power and they had so much influence over the decision making process.



SAM KAUONA, FORMER PNG DEFENCE FORCE:  The key clause that we have in the peace agreement is - the clause that talks about mining power and function.



Sam Kauona was in the PNG Defence Force when war broke out. He changed sides when he saw the plight of his people. He says the affidavit confirms what he knew all along.



SAM KAUONA:  It did not surprise me. All the time we knew about that, we knew Bougainville Copper Ltd was financing this war on Bougainville, it only confirms the our suspicions because when we  were fighting during that time around the mine all the Bougainville Copper Ltd vehicles were being used by the security forces.



BELDEN NAMAH, OPPOSITION LEADER:  This is the kind of decision that has affected Papua New Guinea and this is the kind of decision that is running Papua New Guinea down.



PNG’s new opposition leader Belden Namah spent five years in jail for defying the then government’s decision to bring in the Sandline mercenaries. Prime Minister, Sir Michael Somare pardoned him but he is short on reciprocal forgiveness.



BELDEN NAMAH:  It is really damaging for the father of a nation to admit that he has supported the crisis on Bougainville. He has now deviated from his initial stance.



Wrapped up in the legal claim is a demand for compensation for this. This was the river down which Panguna's copper tailings were deposited. It is more than 20 years since the slurry gates opened for the last time but still there is no life in the river. Only children swim in its pools. And these are their wounds which their parents who pan for gold, blame on the poisoned river.



JESSICA (Translation):  So every day this mine pollutes the water, around here there are not many places to wash, so most of the children come here and their skin becomes damaged.  We do not want the mine reopened, I think because big men who earn money want the mine to be open because they get the benefits. All of us locals, we don’t like this.



Reconciliation is a government priority and today villagers from across the island have gathered on the outskirts of the capital for a church fundraiser. I have been invited on stage by Bougainville's President, John Momis who knows he is treading a fine line in his efforts to reopen the mind. He even wants the landowners to give up on the court case and allow the autonomous Bougainville government to attempt to cut a deal.



JOHN MOMIS:  I think it can be negotiated outside of court. In fact, I believe if our people are prepared to allow negotiation with Rio Tinto we would get a much better deal.



But that is against everything that claimants like Philip Miriori have fought long and hard for.



PHILIP MIRIORI:  If they don't start the court case, no mining – not just in Panguna but in all Bougainville - there will be no mining. We want to see the resolution of that court case and ABG have to support that at all cost.



For the first time since the war the Australian chief executive of Bougainville Copper Ltd had, Peter Taylor, visited the island last month. Entertained by the President, he did not go to the mine itself. And with good reason.



ISHMAEL: I was very disappointed. When he steps on the soil at Buka he claims Bougainville, but you have not met our customary requirements – you have not paid for the blood yet – like I said, blood is thicker than water, like I have said.



This former fighter, Ishmael is not someone you would want to cross.



REPORTER:  What you think the response would have been if he had come to the Panguna area?



ISHMAEL:  We could get the blood and spit all over his face. That’s it, very simple. You have not paid on the land that you are walking on.



Many believe the President Momis is dancing to the PNG government’s tune in his talks with the mine owners. But he candidly tells me he is battling with Port Moresby to get them to hand over his share of the royalties in any future deal. Now that the war has been won and Bougainville has gained control of its resources some ask why the PNG government is involved at all.



SAM KAUONA:  In Bougainville we have won it. We have bought it with our blood. 20,000 people have shed their blood. In addition to that there are laws of Bougainville, starting with the peace agreement that gives mining powers and functions to Bougainville, not to Papua New Guinea.



But until its scheduled vote for independence in 2015, Bougainville remains part of PNG and with Prime Minister Michael Somare's health failing the man who could soon become the new leader has bad news for the mine owners.



BELDEN NAMAH:  If we want to bury what has happened it will be good to look at a new company coming in, I believe. A totally new company will open up the entire negotiation again. The landowners must get the maximum out of the resource. We should be a country that should set an example to other countries that we avert a crisis. The problem was that the government then did not address the landowner problem. Unless we learn from Bougainville we are going to have more problems with this country.



PETER TAYLOR:  I would like to see Bougainville have the future that it really deserves. They have the will to make Bougainville the Premier Provence - I really believe they will do it.



PHILIP MIRIORI:  We can only come back on our terms and conditions, this is our time we have won the war and the prize is ours. They have to come on our terms and conditions.



YALDA HAKIM:  Brian Thomson reporting. The beautiful camerawork from Warwick Ford. As Brian says, PNG is the land of the unexpected. There are more tales from his colourful trip in our behind-the-scenes video on our website.



Reporter

BRIAN THOMSON



Camera

WARWICK FORD



Fixer

GERALDINE PAUL



Producer

GEOFF PARISH



Editors

DAVID POTTS

CATHERINE WHELAN



Original Music composed by VICKI HANSEN

...sowie alle Presseberichte und die betreffende ESBC Pressemitteilung jetzt online auf www.bougainville-copper.eu !

http://australianetworknews.com/stories/201106/3254673.htm?desktop

Bougainville Copper is confident of gaining community support for the mine.

Jemima Garrett

Last Updated: 8 hours 37 minutes ago

Papua New Guinea Prime Minister Sir Michael Somare signed an affidavit accusing mining giant Rio Tinto of driving the war on Bougainville, according to a report aired on Australian television.

Rio Tinto's subsidiary, Bougainville Copper, owns the Panguna copper mine which sparked the civil war on the island.

The affidavit was presented as evidence for landowners seeking compensation for damage from the mine through the court system in the United States.

In the affidavit, Sir Michael said because of Rio Tinto's financial influence in PNG, it controlled the government.

He said the government followed Rio Tinto's requests and that Rio Tinto was directly involved in supplying helicopters that were used as gunships, pilots, troop transportation, fuel and troop barracks.

In the SBS program, Bougainville Copper's Managing Director Peter Taylor rejected all the allegations in the affidavit.

Mr Taylor told the ABC the program was one-sided.

"They picked on a single issue that is 10 years out of date and they have interviewed people who had a particular interest in promoting the court case in the United States."

Mr Taylor dismissed comments from Opposition leader Belden Naham that it would be better for a new company to come in and develop the mine.

"Our property rights are enshrined in legislation so that shouldn't be an issue."

He was confident of gaining support for the mine.

"There are very few landowners, I think, who are not prepared to come to the negotiating table."

Mensch, das Dokument wurde vor 10 Jahren ge- und unterschrieben. Die VÖ zum jetzigen Zeitpunkt ist m.E. sicherlich kein Zufall sondern von interessierter Seite lanciert.

Fakt ist aber auch, dass die daraus resultierende Diskussion die Gegner einer Eröffnung unter BCL supporten wird und uns Anlegern damit mächtig an den Karren pi**t!  

Ich verstehe deine Aussage im ESBC-Release nicht, in der du schreibst, es wäre besser gewesen, Somare wäre auf dem Höhepunkt seiner Karriere als PM zurückgetreten und würde jetzt nicht solchen Unsinn verbreiten bzw die EV jetzt zur Unterminierung von Momis verwenden.

Das Teil hat er ja, wie oben geschrieben, als Oppositionspolitiker vor 10 Jahren unterschrieben. Von Momis war da noch nix zu sehen....  

JOHN MOMIS, BOUGAINVILLE PRESIDENT:

 The vast majority of Bougainvilleans, I would say over 97%, want the mine to be open. The ex-combatants, some of them are still holding on to guns, want the mine to be opened.

An der Wiedereröffnung führt kein Weg vorbei.Die BCL Leases wurden im Friedensvertrag zwischen PNG und Boug. explizit bestätigt.Somares Affidavit ist den Landeignern schon über 10 Jahre bekannt,trotzdem gibt es laut Momis ca. 97% Zustimmung zur Wiedereröffnung der Pangunamine.

heute morgen wurden fast 50k im ersten Deal in Frankfurt gehandelt,fast 10% über Australienkurs,und im Volumen um 100%mehr als den ganzen Tag in Australien zusammen,also für mich eindeutig ein Zeichen von billig an BOC Shares kommen,unter Lancierung alter,manchmal auch gefakter Nachrichten und Äußerungen,ich denke aber das uns das locker 6 Monate zurückwerfen wird,vielleicht auch ganz gut so,das die Chinesen erst einmal zum Zug kommen und die neue China-Kommission auf Bougainville gegründet wird,vielleicht wird dann das Mining Moratorium schneller aufgehoben,und RT und China machen eine schöne Kooperation drauss
auf jedenfall ist Bewegung drin,würde mich nicht wundern,wenn in kürze wieder andere Meinungen kommen,bezügl. pro BCL/RT
Eines ist doch sicher,sollten die Chinesen Mining auf BOC betreiben wird dies nicht besser sein als mit RT/BCL,die Umwelt wird durch jeden belastet,nur wird glaube ich RT/BCL auf Grund der Historie etwas vorsichtiger sein,während die Chinesen da wohl unvoreingenommener sind
vielleicht lebt Bougainville in Zukunft auch nur von Kakao,wer weiss das schon in der heutigen Zeit  

.........ziehen ihr Ding durch.

27.06.2011
Source: Post-Courier


ABG forms committee
By Germaine Koles and Fabian Gatana


THE Autonomous Bougainville Government President, John Momis, in the Bougainville House of Representatives, has announced the establishment of the Bougainville China Cooperation Committee (BCCC), which was approved by the Bougainville Executive Council.
The BCCC would be led by the Vice President, Patrick Nisira as chairman and would have a cross representation from the Bougainville community including the women, former combatants, and the business sector in Bougainville.
The Bougainville Cabinet has directed its administration to source K300,000 for the funding of the committee.
BCCC will be supported by a small secretariat, which will include a personnel assistant, administrative office and a protocol officer.
The responsibility of the committee will be to support and facilitate Chinese investments in the Autonomous Region of Bougainville following the signing of the seven Memorandums of Understanding between the ABG and the Sanghai Chamber of Commerce, Minqing Chamber of Commerce and other companies in China last year.
Mr Momis said this is to protect foreigners as there may be resentments over their involvement in businesses in the region.
The Bougainville–China Cooperation Committee will focus on developing strategic partnership with China to attract Chinese investors in the region on large scale and quantity basis, source and secure foreign aid from the Chinese Government, develop and facilitate social, economic, cultural and technical exchange programs between Bougainville and China, and promote mutual understanding between them.
Mr Momis said his cabinet has also approved the establishment of Bougainville Import and Export Wholesale Company which will be responsible for direct importing of goods from China and exporting of agriculture, marine and other produce from Bougainville.

und das kann nur gut sein,vielleicht bewegen die etwas mehr,als BCL alleine; und die unsere Assets sind ja save

Welche Meinungen gibt es eigentlich,wenn man annimmt die enteignen BCL?
Dann ständen Rio Tinto und PNG ohne etwas da,könnten die irgendwo dagegen vorgehen? Was könnte PNG denn machen? Soldaten schicken? Für die bliebe gar nichts übrig,außer die Chinesen "investieren" auch in PNG kräftig.Aktuell ist deren BCL Beteiligung gerade mal noch 90 Mio. AUSD wert.
spannende Zeiten  

........obwohl in allen AU Publikationen hat die Aussies rel. kalt gelassen.Von einem Sell-off kann keine Rede sein.

Auch in D scheinen die meisten Investierten die News eher als einen Sturm im Wasserglas zu betrachten,schliesslich gab es schon Schlimmeres ;-))

http://www.tradingroom.com.au/apps/qt/...ode=BOC&time=latest#tabs


Today: 27-Jun-2011
Time(AEST) Price Volume Value Condition Codes
15:55:21 0.9500 150 143
15:49:27 0.9500 50 48
15:43:24 1.0000 4,000 4,000
15:39:02 1.0000 6,000 6,000
12:28:07 1.1000 500 550
12:10:51 1.0500 10,000 10,500
12:09:15 1.0700 9,000 9,630
11:03:17 1.0700 1,000 1,070
10:51:46 1.1000 281 309
10:49:34 1.1400 1,000 1,140
10:49:34 1.1450 1,000 1,145
09:59:45 1.1500 663 762

Eine Enteignung von BCL kann man wohl ausschliessen.

PNG,ABG Ausaid u. Neuseeland waren an dem Peace-Agreement beteiligt,welches stipuliert dass alle unter PNG Recht ausgehandelten Verträge einzuhalten sind.

Der Bruch dieser Verträge würde von RT garantiert mit einer Schadensersatzklage gegen PNG/ABG beantwortet.Man darf nicht vergessen dass Boug. noch auf Jahre auf PNG Gelder angewiesen sein wird. Da kann man es sich garnicht leisten Verträge einseitig zu brechen.

Ausserdem käme wohl niemand auf die Idee 3-4 Milliarden USD in eine Mine zu investieren,dessen Besitzverhältnisse angefochten werden könnten.Die Folge wäre ein jahrelanger Rechtsstreit /  Stillstand den sich ABG/Momis im Hinblick auf das geplante Referendum über die Unabhängigkeit der Insel von PNG garnicht leisten kann.

http://www.radioaustralia.net.au/pacbeat/stories/201106/s3254787.htm

BCL rejects allegations of complicity in war on Bougainville

Updated June 27, 2011 16:38:04

The Australian Television Station, SBS, has aired a report the war on Bougainville which reveals Prime Minister Sir Michael Somare signed an affidavit accusing the mining giant, Rio Tinto, of driving the PNG government's involvement in the war on Bougainville.

Rio Tinto's subsidiary, Bougainville Copper, owns the Panguna copper mine which sparked the civil war on the island.

The affidavit was presented as evidence for landowners seeking compensation for damage from the mine through the court system in the United States.

In the affidavit, Sir Michael said because of Rio Tinto's financial influence in PNG, it controlled the government.

He said the government followed Rio Tinto's requests and that Rio Tinto was directly involved supplying helicopters that were used as gunship, pilots, troop transportation, fuel and troop barracks.

In the SBS program Bougainville Copper's Managing Director, Peter Taylor, rejected all the allegations in the affidavit.

He agreed to speak with Radio Australia, but said with Sir Michael still unwell, he would not comment on any of the statements in the affidavit.

Presenter: Jemima Garrett, Pacific Business and Economic reporter
Speaker: Peter Taylor , Chairman and Managing Director of Bougainville Copper and Executive Director of Rio Tinto Australia

   * Listen:
   * Windows Media

GARRETT: In an affidavit , Prime Minister Somare says that Rio Tinto was directly involved in military operations on Bougainville and that it played an active role. How do you respond?

TAYLOR: Well, I actually can't speak on behalf of Rio Tinto, I can only speak on behalf of Bougainville copper, but I do know that that affidavit is ten years old. It's not new news, it's been in the press before. I can also say that Sir Michael is a very sick man and I really don't want to talk about it.

GARRETT: It is common for mining companies to help the police in Papua New Guinea. Just what sort of help did Rio Tinto, or Bougainville Copper, provide to the police or the PNGDF during the war on Bougainville?

TAYLOR: Bougainville Copper only did what it had to do. There was a state of emergency declared and like any state of emergency you had to comply with the requirements.

GARRETT: Bougainville copper wants to reopen the mine. How can you do that when some of the landowners are still very angry and this court case for compensation for past damage is still in the courts in the United States?

TAYLOR: There are some landowners - according to (President) John Momis, they represent about 3% of the landowners, who are still opposed to the company reopening, but, you know, we haven't had face to face discussions yet and I think we need to do that.

GARRETT: Well what is the way forward. How do you engage people who are armed and quite dangerous, as President Momis has said?

TAYLOR: Well, you invite them to the negotiating table and you hope they accept that invitation and we sit down and we discuss that they've got and the issues that I've got.

GARRETT: How much of an obstacle is the court case, which has been going for ten years now?

TAYLOR: Well it's not a court case against Bougainville Copper so it really shouldn't affect what Bougainville Copper does.

GARRETT: That's because it is a court case against riot into?

TAYLOR: That is correct.

GARRETT: Getting on to other issues, Paua New Guinea's Opposition leader, Belden Namah, says it would be better for a new company to come in and develop the copper mine on Bougainville. How do you respond to that?

TAYLOR: Well, that's not the message I am getting from either President Momis or from the majority of landowners.

GARRETT: But does this sort of comment threaten your property rights, I guess, on Bougainville?

TAYLOR: I wouldn't think so. Our property rights are enshrined in legislation so that shouldn't be an issue.

GARRETT: There is still a strong feeling in various quarters, as we've seen from Belden Namah's comments from landowners, who are against the mine. Just how big an obstacle is this and how can you actually overcome it?

TAYLOR: Well, As I've said, one has to engage people in discussions and that is what I am endeavouring to do and I have the support of the President and I have the support, I think, of the majority of the landowners.

GARRETT: So at this stage where are the discussions up to?

TAYLOR: Well, there has been an agreement between the national government, the Bougainville government and the company to sit down and have discussions but we've also agreed that an essential element is to have the landowner representatives at the table, and they are still in the process of forming a single body. And once that's done there is nothing, really to prevent us from all getting around the table.

GARRETT: Are all the landowners involved in that, including the ones who are very anti the mine reopening?

TAYLOR: Well, when you talk about landowners who are anti the mine, I am not sure that we are really talking about landowners or some of the former combatants who are manning a roadblock on the way to the mine site. There are very few landowners, I think, who are not prepared to come to the negotiating table.

GARRETT: It's not just Prime Minister Somare's comments on the SBS program that looks at the ongoing problems on Bougainville. What is your response to the program in general?

TAYLOR: To me it was a very one-sided approach. They picked on a single issue that is ten years out of date and they have interviewed people who had a particular interest in promoting the court case in the United States.

GARRETT: That court case has been going on for a long time. Why is it taking so long and where do you see the resolution?

TAYLOR: Well, as I've said before, it is not a court case against BCL, but you are right, it has been going on for over a decade. It's really about jurisdiction. It's about whether the United States court system should be dealing with a matter that has nothing to do with the United States. It's solely a matter for PNG. That's the real issue.

...auf www.bougainville-copper.eu !

News
Bougainville defends involvement in PNG war
By Jessica Burke on  28 June 2011 0 comments  Rio Tinto subsidiary, Bougainville Copper has defended its alleged involvement in causing the civil war in Papua New Guinea.

The claims came to light yesterday, when a signed affidavit by then Opposition leader, Sir Michael Somare accused the mining giant of having played an active role in the military operation that led to the civil war in the 80’s and 90’s.

The contents had not been known until the SBS gained access to it and revealed its contents.

The now Prime Minister, Somare, has recently undergone double heart surgery and could not comment on whether he stands by his comments, but the ABC spoke to Peter Taylor , Chairman and Managing Director of Bougainville Copper and Executive Director of Rio Tinto Australia.

When asked for comment on Rio Tinto’s involvement with police in PNG during the war, Taylor said it was a difficult time to be in the nation.

“Bougainville Copper only did what it had to do,” he said.

“There was a state of emergency declared and like any state of emergency you had to comply with the requirements.

Bougainville Copper has announced plans to reopen the mine and is currently receiving support from the PNG government, led by Somare.

According to reports, some landowners remain angry about the case, still in the United States courts, for compensation for past damage, but Taylor believes it only a small minority who are opposed to the mine.

“There are some landowners - according to (President) John Momis, they represent about 3% of the landowners, who are still opposed to the company reopening, but, you know, we haven't had face to face discussions yet and I think we need to do that.,” he said.

Taylor said negotiating with armed protestors was difficult but could be done.

“Well, you invite them to the negotiating table and you hope they accept that invitation and we sit down and we discuss that they've got and the issues that I've got.”

He said the ongoing court case was not an issue for Bougainville Copper, but rather for Rio Tinto, who the case is against.

Paua New Guinea's Opposition leader, Belden Namah has said a new company should come in to develop the copper mine on Bougainville, but Taylor said he has received a conflicting message from President Morris and the majority of landowners.

He said the company has been in discussion with landowners and the government to develop an appropriate plan.


“There has been an agreement between the national government, the Bougainville government and the company to sit down and have discussions but we've also agreed that an essential element is to have the landowner representatives at the table, and they are still in the process of forming a single body.

“And once that's done there is nothing, really to prevent us from all getting around the table.

“When you talk about landowners who are anti the mine, I am not sure that we are really talking about landowners or some of the former combatants who are manning a roadblock on the way to the mine site.

“There are very few landowners, I think, who are not prepared to come to the negotiating table.

Taylor said the treatment of the issue by the SBS was “one-sided” and it is “solely a matter for PNG.”


Quelle australien mining  

8.06.2011
Source: ESBC Research


SBS correspondent revokes:

Bougainville:


Brian Thomson, whose TV report caused major losses in Bougainville Copper Shares yesterday, stepped back from the infamous allegations made in his movie. Thomson confirms that "there is not much opposition at all" against re-opening the Panguna mine: "There is wide spread support for BCL to re-open it...even the armed rebels seemed to be in support!"



Please scroll down to listen Brian Thomson's explanations that he made in an interview with Cameron Wilson of Radio Australia.





28.06.2011
Source: ABC Radio Australia - Pacific Beat


Somare claims BCL actively involved in Bogainville war


PNG Prime Minister, Michael Somare has accused Bougainville Copper Limited, a subsidiary of the mining company Rio Tinto of actively backing the violent military campaign against rebels fighting for independence from Papua New Guinea.

An estimated 15-thousand people died in the conflict between 1989 and 1997.

One of the things that sparked the seccessionist campaign was concern over pollution from Bougainville's Panguna mine.

Sir Michael's allegations, made in a affidavit written in 2001 were revealed last night by SBS journalist Brian Thomson in a Television investigation into the conflict surounding the copper mine.


Presenter:Cameron Wilson
Speaker:Brian Thomson, senior correspondent, SBS World News Australia


Listen here !

www.abc.net.au/ra/pacbeat/stories/m2003986.asx  

http://marginalevolution.com/blog/archives/570/

..............200,000 tonnes of copper and 400,000 ounces of gold, making it larger than BHP Billiton's Olympic Dam mine in Australia, the world's fourth-largest known copper deposit.

http://www.reuters.com/article/2010/12/06/...er-idUSL3E6N60A420101206

"In 2007 BHP Billiton announced that it would undertake a A$6bn–A$7bn expansion of the Olympic Dam mine."

http://www.mining-technology.com/projects/olympic/

Vol 22.5K

http://player.sbs.com.au/naca#/naca/wna/Latest/...er-Rio-allegations/

BREAKING NEWS: Somare announces retirement due to ill health

Quelle: PNGIndustryNews  

... mit ABG President John Momis auf www.bougainville-copper.eu !

ja, wird auch Zeit für eine neue Politikergeneration in PNG!

Bougainville hat mit Momis vorgemacht, wie ein demokratischer Wechsel aussieht und wo politisch die Reise hingeht.  

also die Nachrichtenlage ist in dieser Zeit ein Wechselbad...  
und weiterhin sehr vielversprechend.