Trading Bougainville Copper (ADRs) 867948
By Gorethy Kenneth
TWO Chinese tycoons are dead after a business trip to Torokina, south Bougainville turned into a nightmare last week.
The two men (named) were travelling with their Kerema business partner (named) and locals who invited them to Torokina on a dinghy powered by a 60 HP machine on Wednesday last week when the incident happened.
The boat suddenly capsized when big waves thumped the boat, breaking it and the machines into pieces.
The two Chinese men drowned with thousands of kina in hand.
According to the Bougainville police, the men are still missing but the Kerema partner is recovering in Torokina. It is not known how much money they were carrying and what business these men were after but according to locals from Torokina over the weekend, they had more than K200,000 in cash to buy scrap metals, specifically brash and some weapons and ammunition.
The incident has angered the local MP for Torokina so much that he has warned all other foreigners to take heed when travelling to Bougainville to make business.
Torokina Constituency MP Steven Suako expressed concerns over the mishap. He also expressed sympathy over the death of the two Chinese men in his constituency.
He said he was not aware of the travel by the Chinese to his constituency.
“I want to make it clear to my people and the public that I am not against foreigners being involved in doing business in Torokina and Bougainville. They must come through the ABG.
“The villagers from Torokina who invited the Chinese must therefore take full responsibility of what has happened. And on behalf of the people of Torokina, I wish to convey my words of condolences to the immediate family and relatives of the Chinese men who have died in the boat incident,” he said.
Optionen
| Boardmail an "nekro" |
Wertpapier: Bougainville Copper Ltd |
... die chinesische Regierung "muss irgendwohin mit dem Geld" ...
(...)
China produziert jeden Tag einen Geldüberschuss von zwei Milliarden Dollar.
(…)
Angesichts des hohen Schuldenstands in den USA und den Euro-Ländern ist das ein Luxusproblem. Doch die Regierung muss irgendwohin mit dem Geld. Sie hat daher zahlreiche Fonds und Behörden gegründet, die Devisen im Ausland anlegen oder sie an chinesische Firmen verteilen, damit sie sich außerhalb des Territoriums bei Unternehmen einkaufen. Doch auch das ist nicht einfach.
Seit 2005 gaben staatliche und private Akteure mehr als 200 Milliarden Dollar in der ganzen Welt aus. Angola, Australien, Indonesien, Kanada, Kasachstan, Nigeria, die USA und Usbekistan sind nur einige Beispiele für Stationen auf Chinas weltweiter Shoppingtour. Der Fokus der strategischen Einkäufer liegt auf Rohstoffen und Energie.
Dazu kommen Investitionen in Infrastruktur, Transport und Finanzinstitute. Als Käufer tritt oft die China Investment Corporation (CIC) auf oder staatliche Großunternehmen wie die China National Petroleum Corporation (CNPC), die China International Trust and Investment Corporation (CITIC) und Sinosteel. Daneben kaufen sich auch Firmen mit privater Beteiligung ein.
(…)
Zwar sagte die kommunistische Regierung diversen europäischen Krisenstaaten wie Portugal oder Ungarn Hilfe zu, indem sie deren Anleihen kaufte und Milliarden-Kredite gewährte. Die Summe dieser Anlagen fällt jedoch angesichts der riesigen Geldmenge, die Peking am Kapitalmarkt unterbringen muss, kaum ins Gewicht. „Gold und Öl sind aus demselben Grund keine Alternative“
(…)
Doch nur ein Teil dieser Investitionen ist wirklich erfolgreich. Derek Scissors von der Heritage Foundation zählt mehr als 70 missglückte Transaktionen mit einem Volumen von insgesamt 166 Milliarden Dollar seit 2005 auf. Dazu gehört auch ein vor wenigen Wochen gescheitertes Infrastrukturprojekt in Europa: der Bau eines Autobahnabschnittes von Berlin nach Warschau ab der polnischen Grenze durch die China Overseas Engineering Group (Covec).
Covec stellte die Arbeiten an der A2 Anfang Juni ein, nachdem die polnische Autobahndirektion eine im Vergleich zum ersten Angebot deutlich teurere Offerte der Chinesen abgelehnt hatte. Der entstandene Imageschaden für Covec ist groß. „An vielen Stellen fehlt den chinesischen Unternehmen die Erfahrung“, sagt Scissors – sowohl bei der Anbahnung als auch bei der Ausführung von Verträgen.
Zudem mangelt es an Vertrauen den Chinesen gegenüber: Viele westliche Regierungen schreiten ein, wenn es um Transaktionen mit großem Volumen oder in wichtigen Branchen geht. So hat der US-Kongress den Investoren enge Grenzen gesetzt. Und auch die Europäer würden aufschreien, sollte China versuchen, Nestlé oder eine andere europäische Marke zu kaufen.
Jemima Garrett
Bougainville rebel considers mine reopening
Last Updated: Wed, 10 Aug 2011 17:07:00 +1000
Moves to reopen the Rio Tinto-owned Panguna copper mine in Bougainville are a step closer, after a rebel leader said he was willing to negotiate.
Original Me'ekamui leader Chris Uma said he was willing to talk to the Australian government and Rio Tinto about re-opening the mine.
His group has controlled access to the mine site in the two decades since a civil war shut it down.
Mr Uma said any negotiations must recognise Original Me'ekamui's interests and respond to past conflict.
The statement comes after Mr Uma allowed Australian diplomats access to the mine site for the first time since 1990.
Mr Uma said he granted that access as a statement to the world that he is now talking with the Australian government.
Optionen
| Boardmail an "Koud.he" |
Wertpapier: Bougainville Copper Ltd |
http://www.radioaustralia.net.au/pacbeat/stories/201108/s3290464.htm
Updated August 10, 2011 17:11:51
The leader of the Original Me'ekamui rebel group on Bougainville, Chris Uma says he wants to talk with the Australian government and with mining giant Rio Tinto, about the reopening Panguna copper mine.
The mine was the spark that ignited a decade long civil war on Bougainville, a war that left thousands dead and the economy of the island on its knees.
The comments by Me'ekamui General, Chris Uma, come after he allowed a delegation of senior Australian diplomats to visit the mine site, for the first time, in more than 2 decades.
Presenter: Jemima Garrett,
Speakers: Chris Uma, leader of the Bougainville rebel group the Original Me'ekamui; James Tanis, former President of Bougainville
GARRETT: The Original Me'ekamui is the rebel group that controls access to the Panguna mine site and for decades it has been hostile to Australia and to the mine-owner, Rio Tinto because of their part in the war on Bougainville .
The decision by Me'ekamui Leader, Chris Uma, to allow Ian Kemish, the Australian High Commissioner to Papua New Guinea, access to the mine is a significant breakthrough for the peace process.
The visit began with a traditional ceremony at the Me'ekamui checkpoint at Morgan Junction on the mine access road.
High Commissioner Kemish approached on foot with a live pig and a bale of rice as a reconciliation offering. There he met and shook hands with Me'ekamui leader, Chris Uma.
On a very poor phone line from Bougainville, Chris Uma, told Radio Australia that the ceremony was an important step forward.
UMA: I understand that I can solve the problem of Bougainville and I know what the Bougainville crisis started and how it will be ended. That's why I let the Australian High Commissioner through my checkpoint, to make a statement clear to the Australian government and the world that, today, we are talking.
GARRETT: As Chris Uma says he is a crucial force in solving the Bougainville crisis.
The Me'ekamui leader says his decision to let the Australian High Commissioner visit the Panguna mine site is a message to the world that he is now talking with Australia.
Former Bougainville President, James Tanis, is also a Panguna man.
He has been working for peace for 15 years.
Mr Tanis facilitated the Australian delegations' visit and he says, as Australia was part of the problem on Bougainville, it is very important that it be part of the solution.
TANIS: The problem started in Panguna, it is the birthplace of the conflict and the visit to Panguna by the representative of the Australian government is a major step forward in terms of building relationships so that together we can move forward in resolving those issues for which we have dispute over.
GARRETT: Just what did it take to make the visit possible?
TANIS: It took a lot of negotiation, a lot of patience but it was the result of everybody's effort, meaning the Australian High Commissioner's willingness to come into Panguna and Chris Uma's acceptance, because Chris Uma is the main person who manages the Morgan Junction checkpoint. That is there to enforce this view that no outsiders would come into Panguna. So it took Chris Uma a lot of understanding, a lot of change in him, to allow the Australian High Commission to go ahead and perform cultural rituals to allow him access into Panguna
GARRETT: Between 2015 and 2020 Bougainville is to hold a referendum on independence from Papua New Guinea.
For that refendum to offer a real choice Bougainville needs economic self-reliance and for many people that means the re-opening of the Panguna copper mine.
The Me'ekamui have been at the heart of the independence movement.
Chris Uma says he is willing to talk about re-opening the mine, and even to give the go-ahead to mining, but there is a long way to go before that happens.
UMA: Me'ekamui government is looking forward to solve the problem of the Bougainville conflict, starting from that mine. Panguna mine can open under the name of Chris Uma.
GARRETT: So if you approve plans to re-open the mine, the mine can re-open?
UMA: It is not negotiated, yet. (It's a) very, very big job to talk about it and its not negotiated yet.
GARRETT: Former Bougainville President James Tanis agrees that there are many obstacles ahead.
But Mr Tanis and the Autonomous Bougainville Government are working hard to create a better future.
TANIS: The main thing is that we Bougainvilleans are continuing to talk amongst ourselves, talk with the ABG (Autonomous Government of Bougainville), talk with the national government and going as far as talking with the Australians, so that still gives me hope that peace will be sorted out.
GARRETT: And just how realistic do you think it is to eventually reopen the mine, and particularly in time for the timetable for the vote on independence?
TANIS: It is already running too late! And even if we made the mine reopening decision today I do not see the mine going into operation in the next 3 years. The next 3 years might be needed for rebuilding and not the commercial activity, so 3 years at the minimum.
GARRETT: James Tanis says it is urgent that the new PNG government start the much-delayed handover of mining powers to Bougainville and that it pay up on promised development funding.
At the moment Australia is Bougainville's biggest aid donor.
Mr Tanis says an additional special package of aid for Panguna would give the peace process a better chance.
* Listen:
* Windows Media
Optionen
| Boardmail an "nekro" |
Wertpapier: Bougainville Copper Ltd |
Updated August 10, 2011 17:11:51
The leader of the Original Me'ekamui rebel group on Bougainville, Chris Uma says he wants to talk with the Australian government and with mining giant Rio Tinto, about the reopening Panguna copper mine.
The mine was the spark that ignited a decade long civil war on Bougainville, a war that left thousands dead and the economy of the island on its knees.
The comments by Me'ekamui General, Chris Uma, come after he allowed a delegation of senior Australian diplomats to visit the mine site, for the first time, in more than 2 decades.
Presenter: Jemima Garrett,
Speakers: Chris Uma, leader of the Bougainville rebel group the Original Me'ekamui; James Tanis, former President of Bougainville
GARRETT: The Original Me'ekamui is the rebel group that controls access to the Panguna mine site and for decades it has been hostile to Australia and to the mine-owner, Rio Tinto because of their part in the war on Bougainville .
The decision by Me'ekamui Leader, Chris Uma, to allow Ian Kemish, the Australian High Commissioner to Papua New Guinea, access to the mine is a significant breakthrough for the peace process.
The visit began with a traditional ceremony at the Me'ekamui checkpoint at Morgan Junction on the mine access road.
High Commissioner Kemish approached on foot with a live pig and a bale of rice as a reconciliation offering. There he met and shook hands with Me'ekamui leader, Chris Uma.
On a very poor phone line from Bougainville, Chris Uma, told Radio Australia that the ceremony was an important step forward.
UMA: I understand that I can solve the problem of Bougainville and I know what the Bougainville crisis started and how it will be ended. That's why I let the Australian High Commissioner through my checkpoint, to make a statement clear to the Australian government and the world that, today, we are talking.
GARRETT: As Chris Uma says he is a crucial force in solving the Bougainville crisis.
The Me'ekamui leader says his decision to let the Australian High Commissioner visit the Panguna mine site is a message to the world that he is now talking with Australia.
Former Bougainville President, James Tanis, is also a Panguna man.
He has been working for peace for 15 years.
Mr Tanis facilitated the Australian delegations' visit and he says, as Australia was part of the problem on Bougainville, it is very important that it be part of the solution.
TANIS: The problem started in Panguna, it is the birthplace of the conflict and the visit to Panguna by the representative of the Australian government is a major step forward in terms of building relationships so that together we can move forward in resolving those issues for which we have dispute over.
GARRETT: Just what did it take to make the visit possible?
TANIS: It took a lot of negotiation, a lot of patience but it was the result of everybody's effort, meaning the Australian High Commissioner's willingness to come into Panguna and Chris Uma's acceptance, because Chris Uma is the main person who manages the Morgan Junction checkpoint. That is there to enforce this view that no outsiders would come into Panguna. So it took Chris Uma a lot of understanding, a lot of change in him, to allow the Australian High Commission to go ahead and perform cultural rituals to allow him access into Panguna
GARRETT: Between 2015 and 2020 Bougainville is to hold a referendum on independence from Papua New Guinea.
For that refendum to offer a real choice Bougainville needs economic self-reliance and for many people that means the re-opening of the Panguna copper mine.
The Me'ekamui have been at the heart of the independence movement.
Chris Uma says he is willing to talk about re-opening the mine, and even to give the go-ahead to mining, but there is a long way to go before that happens.
UMA: Me'ekamui government is looking forward to solve the problem of the Bougainville conflict, starting from that mine. Panguna mine can open under the name of Chris Uma.
GARRETT: So if you approve plans to re-open the mine, the mine can re-open?
UMA: It is not negotiated, yet. (It's a) very, very big job to talk about it and its not negotiated yet.
GARRETT: Former Bougainville President James Tanis agrees that there are many obstacles ahead.
But Mr Tanis and the Autonomous Bougainville Government are working hard to create a better future.
TANIS: The main thing is that we Bougainvilleans are continuing to talk amongst ourselves, talk with the ABG (Autonomous Government of Bougainville), talk with the national government and going as far as talking with the Australians, so that still gives me hope that peace will be sorted out.
GARRETT: And just how realistic do you think it is to eventually reopen the mine, and particularly in time for the timetable for the vote on independence?
TANIS: It is already running too late! And even if we made the mine reopening decision today I do not see the mine going into operation in the next 3 years. The next 3 years might be needed for rebuilding and not the commercial activity, so 3 years at the minimum.
GARRETT: James Tanis says it is urgent that the new PNG government start the much-delayed handover of mining powers to Bougainville and that it pay up on promised development funding.
At the moment Australia is Bougainville's biggest aid donor.
Mr Tanis says an additional special package of aid for Panguna would give the peace process a better chance.
Optionen
| Boardmail an "Koud.he" |
Wertpapier: Bougainville Copper Ltd |
Ex-Präsident Tanis hat deinen Vorschlag als Wink mit dem Zaunpfahl über Radio Australia an High Commissioner Kemish weitergeleitet. ;-))))))))
.............."Mr Tanis says an additional special package of aid for Panguna would give the peace process a better chance."
Nächster Schritt: Reconciliation zwischen BCL/RIO u. Landowners/Meekamuis
Optionen
| Boardmail an "nekro" |
Wertpapier: Bougainville Copper Ltd |
von Tomke Hansmann
Mittwoch 10.08.2011, 13:17 Uhr
Zürich (BoerseGo.de) – Kupfer erholt sich zur Wochenmitte im Zuge der Erholung an den internationalen Aktienmärkten von seinem am Dienstag erreichten Tiefstand bei 8.7011,00 USD je Tonne. Zu der Erholung beigetragen hat die gestrige Verlautbarung der US-Notenbank, ihren Leitzins längerfristig bei quasi null Prozent zu belassen.
Zudem hätten sich die chinesischen Konjunkturzahlen als widerstandsfähig erwiesen, schreibt der Rohstoffanalyst Tobias Merath von der Credit Suisse im heutigen „Research Daily- Rohstoffe“. Die chinesische Industrieproduktion und die Sachinvestitionen lagen im Juni bei +14 bzw.+ 25,4 Prozent.
Gegen 13:15 Uhr MESZ notiert Kupfer bei 8.806,00 USD je Tonne.
Optionen
| Boardmail an "nekro" |
Wertpapier: Bougainville Copper Ltd |
gleichzeitig stellt man noch 30k als Eisberg ein
Optionen
| Boardmail an "nekro" |
Wertpapier: Bougainville Copper Ltd |
Optionen
| Boardmail an "nekro" |
Wertpapier: Bougainville Copper Ltd |
Es hilft uns leider nicht weiter - es sei denn, wir haben ein Klümpchen im Garten vergraben ... ;-)))
Btw: Schläfst Du eigentlich nur am Wochenende??? ;-)))
... lässt das nichts Gutes für die heutigen Aktienmärkte erwarten.
Insofern: Ein lachendes Gold- und ein weinendes BCL-Auge?!?
He is currently managing indigenous impact assessments being conducted in relation to gas development in the Kimberley region of Western Australia, and advising the Autonomous Bougainville Government on options in relation to the possible reopening of the Bougainville copper mine.
Optionen
| Boardmail an "nekro" |
Wertpapier: Bougainville Copper Ltd |
von Jens Lüders
Donnerstag 11.08.2011, 09:32 Uhr
Shanghai (BoerseGo.de) – Laut Informationen der chinesischen Zollbehörde ist der chinesische Kupferimport im Juli deutlich gestiegen. Grund ist die Entwicklung der Lagerbestände in Shanghai, die sich von Mitte März bis Ende Juni halbiert haben.
Demnach wurden im Juli durch China 306.600 Tonnen Kupfer importiert. Dies ist die zweithöchste Importmenge im Jahr 2011. Neben dem starken Lagerabbau der Kupfervorräte in Shanghai haben Arbitragemöglichkeiten zwischen den Börsen in London und Shanghai zu der gestiegen Importmenge beigetragen.
Die chinesische Kupferproduktion ist im Juli auf ein Rekordhoch von 478.000 Tonnen gestiegen, wie Daten des Nationalen Statistikbüros zeigen. Damit könnte das Import-Momentum in den nächsten Monaten an Fahrt verlieren, da sich auch die Lagerbestände wieder auffüllen dürften.
Optionen
| Boardmail an "nekro" |
Wertpapier: Bougainville Copper Ltd |
Source: The National
www.bougainville-copper.eu
AN eight-member team of investors from Beijing and Hong Kong left the Autonomous Region of Bougainville satisfied after spending two days looking at areas of potential investment.
The visitors, who were guests of the Bougainville China co-operation committee, were welcomed by members of the Autonomous Bougainville government and children from the Hahela Primary School.
Team spokesman Fr Francis Zhang thanked the ABG, saying they were pleased to be visiting Bougainville for the first time.
“I do hope with our prayer and co-operation, we can do something for this special island, for your country and for your province, and we do hope God will give us such amazing grace that all the people here will recognise that God loves them,” Zhang said.
Zhou Jian, chairman of the visiting team, stressed the importance of co-operating with each other in the best interest of all parties.
Committee representatives said the visits by Chinese investors were expected to continue throughout the year as both parties work on creating joint ventures to boost the region’s economy and improve the livelihood of the people of Bougainville.
Talks have focused on investment viability in mining, hydro, the construction of a K2.4 billion proposed city, aviation, tourism, import and export of copra and cocoa, and the wholesale import of manufactured goods directly from China.
Optionen
| Boardmail an "nekro" |
Wertpapier: Bougainville Copper Ltd |
“I do hope with our prayer and co-operation, we can do something for this special island, for your country and for your province, and we do hope God will give us such amazing grace that all the people here will recognise that God loves them,” Zhang said."
Ein Chinese redet in einer offiziellen, gewissermaßen politischen Erklärung von Gott, Gnade und Gebet? ;-)))
Die ziehen jetzt wohl alle Register und verbiegen sich nach allen Regeln der Kunst, um den Bougainvillern Honig um den Bart zu schmieren - man könnte auch sagen, um sich einzuschleimen ...
Damit soll wohl um die Unterstützung der Kirche(n) welche auf der Insel immer noch einen sehr grossen Einfluss haben,geworben werden.
Aber eins muss man den Chinesen lassen,die quatschen nicht bloss rum,die geben richtig Gas bei der Planung ihrer Megacity SEZ (Special Economic Zone).
So wurden dem ABG schon detaillierte Pläne vorgelegt.Das Projekt wid im Chat der Bouggys äusserst kontrovers diskutiert,(es gibt viel mehr Komentare zur SEZ als zur Wiedereröffnung der Pangunamine welche von der Mehrheit als notwendiges Übel auf dem Weg zur Unabhängigkeit befürwortet wird wenn Bougainville einen fairen Anteil an den Gewinnen bekommt)
Fürmorgen sollen übrigens etliche NGO´s eine Demonstration GEGEN die SEZ in Buka geplant haben.Dabei geht es in erster Linie um den Mangel an Informationen darüber.
Optionen
| Boardmail an "nekro" |
Wertpapier: Bougainville Copper Ltd |
Keith Jackson's PNG Attitude, 11.8.2011
Community advocacy group Act Now has welcomed the announcement by Papua New Guinea’s new prime minister Peter O’Neill that his government will establish an Independent Commission Against Corruption.
"Act Now is very pleased the prime minister has pledged to establish an ICAC and has recognised the crippling effects of corruption in PNG”, said program manager Effrey Dademo. “Act Now has been campaigning against the blatant stealing of public money and we see the introduction of an ICAC as a necessary step to tackle the problem, but it is only the first step of many that will be required.”
The prime minister told parliament he was acting “in response to the public outcry against the rampant corruption and mismanagement of public money” and is committed to “investigate, charge, prosecute and jail persons, or groups, or companies that have illegally profited from the State’s coffers”.
Act Now says while Mr O’Neill’s words are very heartening and mark a clear separation of his own government from that of Michael Somare, everyone will be watching very closely to see that his actions match his rhetoric.
“As well as looking to the future, and ensuring a well resourced ICAC, the prime minister must ensure the recommendations of previous inquiries like that into the Finance Department are implemented and people already implicated are prosecuted”, said Ms Dademo.
Optionen
| Boardmail an "nekro" |
Wertpapier: Bougainville Copper Ltd |
http://cb.iguana2.com/netwealth2/depth/boc
Heute auch ein schöner Artikel in Thaiti-press
http://24hdanslepacifique.com/...t-de-reconciliation-avec-laustralie/
Optionen
| Boardmail an "nekro" |
Wertpapier: Bougainville Copper Ltd |
Hier das Original,allerdings von gestern,(Kauforders 90-95 waren da noch nicht mit drin)
BOUGAINVILLE COPPER Market Depth
BOC Buyers
Level Buy Quantity Price
1 1 573 0.890
2 1 1,385 0.885
3 1 1,454 0.875
4 1 10,000 0.840
5 1 10,001 0.825
6 1 6,000 0.820
7 1 35,000 0.805
8 2 13,200 0.800
9 1 2,700 0.730
10 1 2,000 0.725
11 1 2,000 0.690
12 1 1,000 0.685
13 1 10,000 0.655
14 1 10,000 0.650
15 1 25,000 0.600
16 1 2,000 0.560
17 2 15,000 0.500
BOC Sellers
Price Quantity Sell Level
0.980 1,297 1 3
1.000 5,000 1 4
1.070 4,500 1 5
1.085 3,132 1 6
1.095 20,000 1 7
1.100 15,000 2 8
1.290 6,000 1 9
1.700 10,000 1 10
1.750 9,000 2 11
20.000 68,026 1 12
28.500 10,000 1 13
29.990 300,000 1 14
32.400 10,000 1 15
Optionen
| Boardmail an "nekro" |
Wertpapier: Bougainville Copper Ltd |
Reuters reported that China's imports of unwrought copper and semi finished copper products rose 9.5% on the month to 6 month high in July as material purchased during a period of lower prices in May and June arrived at ports.
Data from the China’s General Administration of Customs showed that imports increased to 306,626 tonnes in July after posting 9.9% rise in June but were still down 10.6% from July 2010.
Mr David Thurtell analyst at Citigroup said that "Most of these imports in July would have been bought during late May, early June when the price was well off the February to April levels."
Mr Peng Qiang analyst at COFCO Futures said that the 22% drop in imports in the first seven months suggests that China's monetary tightening policy has slowed demand for copper.
Mr Zhuo Guiqiu analyst at Minmetals Futures said that the July imports may have included 190,000 tonnes to 200,000 tonnes of refined copper, the most popular type in the international and Chinese markets.
The estimate suggests refined copper imports will rise more than 6% in July from June's 178,638 tonnes. Data for refined copper imports is expected to be released on August 21st 2011.
(Sourced from Reuters)
Optionen
| Boardmail an "nekro" |
Wertpapier: Bougainville Copper Ltd |