Trading Bougainville Copper (ADRs) 867948

Kann den vll. jemand kurz einstellen?  

J. TRANSFER OF MINING POWERS TO THE ABG
The ABG and the National Government agreed in 2008 that powers over mining, oil and gas will
be transferred gradually, as the ABG builds up the capacity of its mining department. There are
15 agreed main steps in the process. The first ten steps cover mining. The last five steps cover
oil and gas.
The main steps in transfer of mining powers include:
1. Agreement by the National Government that it will not use any mining powers under
National Laws except when requested by the ABG – beginning 2008;
2. Delegation to the ABG of National Government powers to issue mining exploration
licenses – to happen in 2010;

3. Review of the BCA and of exploration licenses in Central Bougainville granted to BCL in
the late 1960s – to happen when ABG requests;
4. ABG to begin developing own mining policies – from 2011;
5. ABG to control alluvial mining – from 2011
6. Transfer of power to grant mining leases – to happen in2011  

Aktionspläne samt grober Termine machen ist immer gut. Der Aktienkurs signalisiert, das der Markt die Termine nicht ernst nimmt. Diese Glaubwürdigkeit ist verspielt.
Leider.

Das Kernproblem, das PNG sich nicht an Vereinbarungen hält, bleibt bestehen.
Wenn dazu die Schmerzgrenze auf der Insel erreicht ist, wird es wohl knallen.
Schade.  

"during the high-powered trilateral meeting between the United Nations, the Autnomous Bougainville Government and the National Government, (Momis) mentioned the lack of National Government interest in fast-tracking the issue of the draw-down of powers to his government."

Sollte für genügend Druck gesorgt haben beim Sep. JSB Meeting Nägel mit Köpfen zu machen.

Nekro, ich bewundere deinen Optimismus!

Ich denke, Entscheidendes wird sich erst kurz vor 2015 tun.
Weil dann das Geld tatsächlich gebraucht würde, sollte es mit der Unabhängigkeit was werden.  

und das weiß auch Momis. Voraussetzung für die Unabhängigkeit ist und bleibt eine Einnahmequelle, die es erlaubt den ganzen "Spaß" zu finanzieren. Was diese Quelle sein soll lasse ich mal außen vor. Sollte es aber die Panguna-Mine sein, dann ist es definitiv zu spät, da es dann weitere 3-4 Jahre dauern wird bis erste größere Einnahmen fließen.

Also nochmal: Sollte die Mine der Unabhängigkeitsfaktor Nr. 1 für 2015 sein, dann müssen grundlegende Entscheidungen in diesem und nächsten Jahr getroffen werden. Das weiß Momis und ich denke wenn PNG weiter verzögern sollte, dann werden durch ihn noch andere Maßnahmen ergriffen werden (müssen).

Just my 2 Cents....

BCL.reloaded  

Theoretisch braucht man diese Einnahmen aus Panguna und sonstigen Mining-Claims, um einen souveränen Staat zu finanzieren...

 

..Praktisch scheint es mir eher so zu sein, dass PNG seiit 2-3 Jahren gar nix bezahlt (trotz entsprechender gesetztlicher Verpflichtung) und das ABG und Bougainville heute schon zu Selbstversorgern geworden sind :-)

 

Daher wird der Druck aus Boug nicht größer oder kleiner in Richtung 2015 - als er heute schon ist

 

Aktuell ist Momis kein souveränes Oberhaupt. Und alles was er sagt wird von PNG im besten Fall als dessen "konstruktive Wünsche" gewertet. Und im schlechtesten Fall eben wie in den letzten Jahren als warme Luft.

Legislative, Judikative und Executive stehen Momis erst ab der Unabhängigkeit zur Verfügung und die ist für (frühestens) 2015 geplant.

Bis dahin tun alle so, als wäre diese Insel autonom, aber sie ist es eben nicht.

Für PNG heißt das bis 2015, "macht doch was ihr wollt, aber Vereinbarungen müssen wir euch gegenüber bis 2015 nicht einhalten, weil ihr eh nur eine aufmüpfige PNG-Provinz seid, die sowieso nur Ärger macht".

Das Gezanke zwischen den verschiedenen Gruppen auf der Insel Bougainville spielt dabei natürlich PNG in die Hände. Solange diese verschiedenen Gruppen sich noch nicht einmal Bougainville-intern einigen können, kann sich PNG auch zurücklehnen und sagen "Bürger von Bougainville, findet doch bitteschön erst einmal heraus, was ihr überhaupt wollt!".  

http://www.godmode-trader.de/nachricht/,a2630068.html

von Jochen Stanzl
Mittwoch 31.08.2011, 10:50 Uhr
- +

Fonds warten an der Seitenlinie um auf den richtigen Moment für den Einstieg in den Kupferpreis zu warten. Dieser Meinung sind Analysten von Harbor Intelligence. Anfang dieses Monats habe ein Anstieg des Volatilitätsindex VIX zu einer Verkaufswelle beim Kupferpreis und zu einer Reduktion der Long-Positionen von Fonds in diesem Basismetall geführt. Nun warten diejenigen Fonds, die verkauft haben, auf ein neues Kaufsignal. „Die Kaufphase könnte in den kommenden Wochen aggressiv verlaufen, da große Kapitalmengen an der Seitenlinie warten.“

Quelle: The National, 30.8.11

PRIME Minister Peter O’Neill has promised that senior public servants, politicians and other people who have stolen millions of kina from the Department of National Planning will be investigated, charged and prosecuted. O’Neill said an investigation into the department was almost completed and arrests were expected soon.

He was speaking in Mendi last Thursday. He said mismanagement and corruption in governments departments would “bring the country down”. He said an independent commission against corruption would be established next month to look into allegations of corruption.  

den Standpunkt, dass PNG die Hände bis 2015 in den Schoß legen, kann sehe ich nicht so. PNG wird von politischer Seite gedrängt werden, dass Bewegung in die Sache kommt! Da wird Australien Druck machen und auch die Chinesen werden sich politisch engagieren, wenn sie ihre Chance für die Sicherung günstiger Rohstoffreserven sehen. Auch UN und Weltbank ist die Thematik um Bougainville seit langem bekannt...

Das Ergebnis des JSB Meeting´s, wenn es denn im September stattfindet, wird uns eine grobe Richtung vorgeben, wie der aktuelle politische Wille PNG´s ist.

Ansonsten bleibt für mich bei diesem Investment die Erkenntnis, dass nach 21 Jahren des quasi Stillstands Bewegung in die Sache gekommen ist und es sich eher noch um Monate als um Jahre handelt, bis handfeste Ergebnisse erzielt werden, die zur Wiedereröffnung der Panguna Mine beitragen / Bougainville zur Unabhängigkeit verhelfen :-)))  

http://australianetworknews.com/stories/201108/3306280.htm?desktop

The Royal Solomon Islands Police Force is working with Bougainville police to step up border protection. [ABC]

Last Updated: 21 hours 51 minutes ago

Police in Solomon Islands and Bougainville have pledged to work together to stop guns being carried across the border.

Years of conflict in both countries has led to a ready supply of small arms. And police say they have received reports of people moving across the border freely when carrying weapons.

Solomon Islands Assistant Police Commissioner Edward Sikua told Pacific Beat both countries were looking to develop strategies to monitor the movement of arms across the border.

"Certainly because of the conflicts on both sides of the border, the issue of arms moving across this border is an issue for both police forces," he said.

Assistant Commissioner Sikua was in Bougainville earlier this year to hold meetings with his Bougainville counterpart.

He said the movement of guns was not the only issue troubling police.

"There's lots of criminal activity happening along the border and it's in the interests of both forces to work together to address these activities," he said.

"It is a big concern for us, for all police forces - there are plenty of criminal activities."

http://copperinvestingnews.com/7684/..._CAMPAIGN&utm_medium=email

PANGUNA Landowners Association executives have expressed their disappointment on how both the National Government and the Autonomous Bougainville Government leaders are handling their mine issues.
Interim chairman Chris Damana, interim deputy chairman Michael Pariu and interim secretary Lawrence Daveona have lashed out at the way in which they are not being assisted despite so many calls by both the National Government and ABG Members of Parliament to open the Panguna mine. They also lashed out at the BCL for not helping them.
Up to this day, the following commitments have not been fulfilled:
* THE former Minister for Bougainville Affairs, Fidelis Semoso, K240,000 since November 2010;
* ABG, vice president, Patrick Nisira K300,000 since February of this year;
* Member for Central now Minister for Communication, Jimmy Miringtoro K400,000 since February of this year.
* Member for South Bougainville and now Minister for Bougainville Affairs, Steven Kamma Pirika K400,000 (Promised on his behalf by Fidelis Semoso in Arawa since February this year).
“Panguna landowners and their people must not be used by Members of both Parliaments for their own self glorification and political interest,” the leaders said.
“Our people have suffered enough. You have seen fit to entertain ex-combatants with K5 million and from what we know, ABG has assisted us with K76,000 during James Tanis’ time for the two reconciliations, one in Guava and the other in Pakia for Pinei Valley. “We still have our programmed reconciliations for the Lower Tailings, Upper Tailings and Kupe Valley.
“BCL too is of no help at all. It has tied up our Social Inconvenience Compensation Payment (SIC) with ABG as if ABG was a signatory to our 1986 Supplementary Agreement. For all we know, ABG is a new entity and a bi-product of Bougainville Peace Agreement and BCL has got no right at all to keep our people chained to this new entity. It should abide by our agreement and have the funds released to us so that PLOA can stop begging ABG which is cash strapped. “The landowners have been blamed for the Bougainville crisis which has caused untold sorrow and suffering to many. The PNG economy plundered from the good old days of Bougainville Copper Limited’s mine operations,” they said.

Find ich gut, dass die Landowner´s vor dem JSB Meeting sich nochmal zu Wort melden, um so etwas Druck auf die Entscheidungsträger auszuüben!
Ob das ganze was gebracht hat, wissen wir in ein paar Wochen...  

http://earthquake-report.com/2011/09/01/...from-24082011-to-30082011/

Vielleich taucht ja die versprochene  Kohle in #9610 wieder auf.

Ginge es nach den Wünschen der Landeigner so wäre die Pangunamine schon längst wiedereröffnet.Das hat auch der aust. High-Commisioner bei seinem (von den Lo´s initiierten) Besuch der Mine klar erkannt.Bleibt zu hoffen dass er sich auch dafür einsetzt dass die im Friedensvertrag zwischen PNG u. Boug ausgehandelten Übereinkünfte beim nächsten JSB Meeting auch umgesetzt werden.

Heute konnte man an der ASX mal wieder mehr Käufe aus dem ASK beobachten.

http://www.tradingroom.com.au/apps/qt/...amp;code=BOC&time=latest

Quelle: The National, 1.9.11

GRAND Chief Sir Michael Somare said from Singapore yesterday that “there has never been a vacancy in the position of prime minister”. In a media statement, he said: “Let me be clear. I am ready, willing and able to complete my term as the only legally elected prime minister of Papua New Guinea.”
The signed statement, his first since he was hospitalised in April, was e-mailed by daughter Betha Somare to the media.

Prime Minister Peter O’Neill responded last night by saying there was no vacancy to be filled by Sir Michael. He said:
“We welcome the news that the Grand Chief has recovered sufficiently to travel. As a citizen, he is free to travel as and when he pleases and we will accord him the respect he deserves.
In so far as government is concerned, parliament has spoken overwhelmingly against his (Sir Michael’s) government and elected in a new government. As he has demonstrated, many times in the past, we expect him to respect the clear mandate of parliament.”

Sir Michael’s statement read in part:
“Sections 142-145 of the Papua New Guinea Constitution are very clear about the election and removal of a prime minister. There has never been any vacancy in the position of prime minister. As elected representatives, we must uphold the Constitution of Papua New Guinea and respect the independent role of the Supreme Court and, therefore, not pre-empt any judgment.
O’Neill should know that the East Sepik provincial government is acting fully within its rights to file a Supreme Court reference under section 19 of the Constitution by questioning the legitimacy of the election. If O’Neill thinks that his election is legitimate, he should not feel threatened by the actions of the East Sepik provincial government. The Supreme Court reference raises legitimate questions and has a right to be heard.”

Sir Michael further said the prime minister’s recent claims that no law was broken by parliament might invite contempt of the Supreme Court as the very matter of whether or not laws were broken was before the court.  

Quelle: The National, 2.9.2011

SIR Michael Somare will arrive in Port Moresby on Sunday from Singapore after a four-month ab­sence from Papua New Guinea, his son and Angoram MP Arthur Somare said yesterday.

The Grand Chief’s travel was necessary following the recall of parliament on Sept 6, Somare said.
Sir Michael’s absence from parliament on Tuesday would be his third since he was hospitalised in Singapore, automatically disqualifying him from office as the parliamentary member for East Sepik by operation of law. This would also have a bearing on the constitutional reference before the Supreme Court challenging the legitimacy of the new government headed by Prime Minister Peter O’Neill.

Somare said: “Rather than run the risk (of being disqua­lified), we have appealed and he has agreed to make, if you like, the treacherous journey to PNG. The flight might be a bit risky but he will, most likely, be accompanied by an Air Niugini doctor. He has also been cleared by his physician in Singapore, Dr Chan, to travel.”
Somare said all necessary medical clearance was in order and Sir Michael was fit and well to leave Singapore tomorrow, and arriving in Port Moresby on Sunday morning. Somare emphasised that there would be no official welcome for the Grand Chief on his return.

Yesterday, Deputy Prime Minister Belden Namah called on the Somare family to stop forcing the Grand Chief to make the trip if he was still unwell, saying, if necessary, he would ask doctors to clear him to travel (see story on Page 2).

Standing orders dictated that a member’s presence will be determined by his physical presence in the chamber in order to appear on the roll of the clerk of parliament.

Sir Michael would return to Singapore after he was registered as having attended this session.  

http://www.scoop.co.nz/stories/WO1109/S00049.htm

Saturday, 3 September 2011 11:05 am | UNDP Press Release
Tags: International, Foreign Affairs, NZ World News, World - Pacific, World News, Pacific Island Affairs.

Senior Officials to Meet on Women, Peace and Security at the Pacific Islands Forum Leaders Meeting

02 September 2011

[Auckland, September 2] In the Pacific, despite women’s leadership in peace building, organizing dialogue, providing inputs to defence reviews, mediating between conflicting parties, ending violence against women and defending human rights, women’s participation in peacebuilding is still a matter for debate. Women struggle to be heard and are not given sufficient recognition and resources to up-scale their work.

However, there has been significant groundwork at the regional and national level that has created an opportunity and momentum to strengthen regional efforts and stimulate national action.

Pacific government officials, non government organisations and development partners will meet in Auckland at a side event at the 42nd Pacific Islands Forum Leaders meeting to provide advice and offer guidance on the development of a Regional Action Plan on Women, Peace and Security. The Regional Action Plan will provide a broad framework to assist Pacific Island Countries to develop relevant national programmes and strategies on women, peace and security and to accelerate implementation of United Nations Security Council Resolution (UNSCR) 1325.

Deputy Director General of the Secretariat of the Pacific Community Fekita ‘Utoikamanu and co-chair of the Pacific Regional Working Group on Women, Peace and Security will speak about the relevance and necessity of involving women in peace and security decision making. Co-chair, Sharon Bhagwan-Rolls, Executive Director, FemLINKPACIFIC will present on the establishment of a regional media and policy network on the UN Security Council’s Resolution 1325. The UN SCR 1325 is the first resolution ever passed by the UN Security Council that specifically addresses the impact of war on women, and women's contributions to conflict prevention and sustainable peace.

Tracy Vienings, Senior Adviser and Team Leader of the Crisis Prevention and Recovery Unit at the United Nations Development Programme (UNDP) Pacific Centre will present the strategy on developing a Regional Action Plan on Women, Peace and Security.

Joy Kere, Permanent Secretary of the Ministry of National Unity, Reconciliation and Peace in Solomon Islands will explain how the Regional Action Plan is linked with national initiatives, and share the experience of her country in developing a National Action Plan. Minister Rose Pihei, Autonomous Bougainville Government, (via audio recording) and Helen Hakena, Executive Director, Leitana Nehan Women’s Development Agency and Member of Asia-Pacific High Level Advisory Group on 1325, will share their experiences on similar efforts in the Autonomous Bougainville Region, Papua New Guinea.

The side event is a key part of the strategy to develop the Regional Action Plan on Women, Peace and Security by seeking inputs from senior officials on content and process and preparing the ground for country level initiatives in 2012 – 2013. It is organised by Pacific Islands Forum Secretariat with assistance from UNDP Pacific Centre as secretariat of the Pacific Regional Working Group on Women, Peace and Security.

ENDS

http://www.thecourier.com.au/news/world/world/...al-blob/2280055.aspx

PHILIP DORLING
04 Sep, 2011 12:00 AM

PAPUA NEW GUINEA is trapped in ''Ponzi politics'' being practised by deeply corrupt politicians who have enriched themselves on resource revenue and Australian aid , according to US diplomatic reports.

Australian government officials are reported as saying generational change in PNG politics following the departure of founding father and former prime minister Sir Michael Somare was a ''false hope'', and the PNG government was a ''totally dysfunctional blob''.

The damning assessments of political and economic life in Australia's nearest neighbour are contained in confidential US embassy cables leaked to WikiLeaks.

In a November 2008 briefing, the US embassy in Port Moresby noted that resource revenues and Australian aid have served ''more to enrich the political elite than to provide social services or infrastructure. There are no large-scale local businessmen, but numerous politicians are relatively well off.''

PNG is Australia's largest recipient of foreign aid and in 2011-12 will receive more than $480 million from the country.

Anxious to avoid diplomatic offence, Australian government ministers and officials rarely talk openly about corruption and maladministration in PNG, preferring to speak of ''strengthening governance'' and helping ''institution building''.

However, the leaked cables from the US embassy in Port Moresby provide grim assessments of PNG's chaotic political system and failing public administration. In May 2007, in a cable titled ''Ponzi politics'', the US embassy presented a damning pen picture of PNG politics.

''Steeped in traditional magic and innocent of modern economies, PNG's citizens prove easy marks for Ponzi schemes which proliferate throughout the country,'' the embassy said. ''Now it's election time … and the politicians are dusting off their bottles of snake oil. Viewed from afar, or from a national perspective, it's an appalling spectacle of disregard for governance.''

It went on: ''If all politics is local, politics in PNG - with 830 languages, myriad cultures and thousands of clans - is Tip O'Neil (sic) on steroids … Though this government, and the current crop of leaders on the national scene, have presided over a steady, nationwide deterioration of services - closure of health centres and schools, collapse of effective policing and a steady rise in violent crime - little mention of this can be expected during the campaign to come.''

In the run up to the 2007 election, the US embassy reported that ''the pork has hit the fan'' as Sir Michael reallocated ministerial portfolios. One promoted minister was described as ''the government's chief bagman for the corrupt forestry industry''. A former health minister was ''mostly remembered for his insistence that he was just a politician and therefore could not be held responsible for the fact that the country's hospitals had run out of medicines while his ministry was still flush with cash''.

The report gave a damning judgment on the Somare administration's commitment to law and order: ''The single most pressing problem facing PNG is the almost total collapse of the police force. So it is doubly disappointing that the effective [Police Minister Bire] Kimisopa was pushed aside. The portfolio has little control over expenditure. But his focus likely discomforted Somare and his cronies for the same reasons they worked to scuttle a large-scale Australian package which threatened to dramatically improve police performance.''

The leaked US cables are ambiguous about Sir Michael's financial interests and their effect on political decisions and public policy. However, they noted a ''strange'' shift in PNG government policy that potentially increased its financial exposure in legal action being taken by Bougainville residents against company Bougainville Copper. ''Given the way things are done here, the general suspicion is that PM Somare has been given a financial incentive to reverse the previous government's position on the case. Certainly, it would be very typical of Melanesia if what the government saw as in its nation's interest also redounded to the individual benefit of its leadership. It is worthy of note that Paul Nero (sic, Nerau), a plaintiff and the current PNG [consul-general] in Brisbane, is very much a Somare man.''

The US cables confirm that, privately, Australian officials have no illusions about the state of the PNG government. After a mid-2007 discussion on political and economic developments with Australian high commission staff in Port Moresby, the US embassy reported: ''One Australian analyst described generational change as a 'false hope', while other Australian officers described the PNG public service as a 'totally dysfunctional blob' that is great at planning but appalling at implementation.''

Speaking to the US embassy in September 2009, the then opposition leader and former prime minister Sir Mekere Morauta lamented the collapse of effective government decision-making.

''AusAID is out of control,'' he said. ''I don't mean that Australia is being naughty. What I mean is that, out of desperation over lack of government direction, they are funding projects of their own choosing. The government cannot truly be said to be in charge of how and where foreign assistance is spent.''

However, as an example of poorly planned Australian assistance, Sir Mekere cited money spent on infrastructure projects such as road-building, new schools and hospitals.

''Our problem is not a need for new infrastructure. At this point, we cannot even maintain the infrastructure we have.''

Following a long illness Sir Michael was removed from office, though he is still protesting that his ousting has been illegal. Peter O'Neill, who had served as treasurer in the Somare government, was elected Prime Minister by a parliamentary vote on August 2. He has declared his desire to ''restore open, honest governance''.

........... mit Einschätzungen zum RT Courtcase,Friedensprozess,Musingku,WW2 Weapons, PNG Kleptokratie etc auf http://www.wikileaks.org/origin/71_0.html

http://www.theage.com.au/world/...e-20110902-1jqa5.html#ixzz1WqJn0SLZ

... haute in Singapur auf den Putz, während Sir Michael im Raffles Hospital mit dem Tode rang. Was der Spaß gekostet hat, steht auf www.bougainville-copper.eu !

Qualität setzt sich immer durch. Explorer mit Spitzenmanagement und aussichtsreichen Ressourcen werden viel eher auch in der Krise an frisches Kapital gelangen als die meisten anderen Rohstoffunternehmen.

Natürlich kann es auch unter den Spitzenwerten zu erheblichen Kursschwankungen kommen. Muss es aber nicht.

Denn: Der Kupfermarkt ist nach wie vor heiß. Das zeigt sich schon am Preis, der immer noch mit über US$9.000 sehr hoch ist.

Das hat fundamentale Gründe. Kupfer ist knapp geworden, nachdem die Kupfergiganten es in der letzten Krise versäumt haben, in die Ausweitung ihrer Ressourcen zu investieren.

Hinzu kommt, dass die Produktion der größten Kupferminen der Welt in Chile und Peru immer wieder von Streiks unterbrochen werden. Dieser Trend könnte gerade in einer Rezession anhalten und zu einer nachhaltigen Verknappung führen, die eine sinkende Nachfrage kompensiert.

Und schließlich China! Die zweitgrößte Volkswirtschaft der Welt wird wahrscheinlich gestärkt aus der nächsten Rezession hervorgegen. Aus diesem Grund wird sich das Reich der Mitte, das schon jetzt der größte Kupferverbraucher der Welt ist, in der Rezession die Kupferlager füllen und die Übernahmeschlacht um Kupferunternehmen forcieren. Kupfer könnte also heiß bleiben, zumal es als das wichtigste Industriemetall der Welt ein echter Sachwert ist, in den jetzt, vermutlich wie beim Erdöl, viel Liquidität hineinfließt, dass vom Aktienmarkt und dem Rentenmarkt abgezogen wird.


Fazit

Wenn Sie in Ihrem Depot noch DAX-Aktien oder Aktienfonds haben, sollte Sie überlegen, ob Sie die nicht verkaufen und überwiegend Cash halten. Wenn dann kein Mensch mehr von Aktien sprechen möchte, steigen Sie wieder ein und sind der Performancekönig.

Außerdem sollten Sie mindestens 10 % Ihres Depotwertes in Gold halten. Wenn Sie jetzt schon auf Liquidität sitzen und Ihre Goldbestände aufbauen wollen, machen Sie das bitte nicht sofort, sondern warten ab, bis der Goldpreis wieder etwas zurück kommt.

Und schließlich: Selbstverständlich bietet jede Krise auch Chancen. Schmeißen Sie also bitte nicht gleich alle Exploreraktien aus Ihren Depot, sondern behalten Sie die aussichtsreichsten Titel, die über sehr gute Ressourcen verfügen. Außerdem schauen Sie bitte, ob die Unternehmen entweder über eine Kapitaldecke verfügen, oder bereits in der jüngsten Vergangenheit den Kapitalmarkt über Finanzierungen erfolgreich angezapft haben.

Auch wenn sich jede Rezession wie eine Katastrophe anfühlt: Nach jeder Rezession kommt auch wieder der Aufschwung.



Ihr Thomas Rausch
Der BörsenExplorer