Trading Bougainville Copper (ADRs) 867948

Barrick Gold hat vergangene Woche einen Maßnahmenplan vorgestellt, um die Auflagen der chilenischen Behörde bei der Pascua-Lama-Mine zu erfüllen. Demnach wollen die Kanadier sicherstellen, dass das Wasser in der chilenisch-argentinischen Grenzregion durch die Inbetriebnahme der Goldförderung nicht verunreinigt werden würde. Hierfür benötigt der weltgrößte Goldproduzent allerdings rund 18 Monate. Das bedeutet, dass vor Dezember 2014 oder viel wahrscheinlich Anfang 2015 kein Gold in der vielversprechenden Mine (Barrick will hier 800.000 bis 850.000 Unzen pro Jahr fördern, wodurch der gesamte Ausstoß um knapp elf Prozent ansteigen würde) zutage gefördert werden kann - zumal das letzte Wort ohnehin die Behörden haben, die die Verbesserungen der Infrastruktur noch prüfen müssen.  

http://www.postcourier.com.pg/20130619/wehome.htm

Call for AROB unity

By ROMULUS MASIU

ABG Member for North Nasioi Constituency and Minister for Primary Industry Nicholas Darku has called on all Bougainvilleans to be united and move forward to achieve Referendum and ultimate Independence.
Minister Darku specifically called on Chris Uma and his Me"ekamui followers throughout Bougainville to rally behind the ABG and be united to move Bougainville to its desired destination, which is independence.
Mr Darku was addressing his North Nasioi Constituent"s population at Kerei Village on the outskirts of Arawa Town on Monday at the 8th Anniversary of ABG.
Mr Darku, who hails from Kerei along with National Parliamentarian Jimmy Miringtoro and Chris Uma, , paid tribute to North Nasioi political leaders who have passed away during the Crisis, making mention of the late John Bika and Theodore Miriung.
"Their work will progress through me as the representative of the people of North Nasioi. And on behalf of the people of my constituency, I would like to thank them for setting the platform for the region"s journey.
"If you"re a Bougainvillean you must celebrate this day. This is the day the whole world recognises the Bougainville people"s desire to be united and be self-governed through this arrangement of autonomy. North Nasioi is part of Bougainville – it is only right for us to foster unity amongst all stakeholders," Mr Darku said.
Minister challenged his people of North Nasioi not to forget why they fought and what they fought for during the Crisis, adding that we must focus on what we fought for - our wealth, our environment - and we must be creative now to create our own wealth on our own land.
He outlined that the date of the Referendum will be determined by the Second House next year in 2014.
Minister Darku also called on his people of North Nasioi to work together with him to push for benefits that will come from the Panguna Mine, if re-opened.
He said there are two big wharves in his constituency, and Arawa Town, which is the mining township, is located in his area. Therefore he wants his people to also benefit from the millions of kina that will be generated from the giant copper-gold mine, unlike before where his people were victims during the mine"s heydays.

..........for public consultation.

http://www.actnowpng.org/content/...aft-icac-laws-public-consultation

http://www.postcourier.com.pg/20130619/wehome.htm

By IMELDA WAVIK

There have being concerns over the proposed reopening of the Panguna mine in the Autonomous Region of Bougainville (AROB).
The new Chairman of the Panguna Mine Affected Land owners Association (PMALA), Mr Lawrence Daveona has expressed concern over the National Government agencies agreement with Autonomous Bougainville Government to reopen the Mine.
Mr Daveona said although the ABG and the National government have good intentions in reopening the mine, and establishing Panguna Mine Lease Area Associations (PMLAA), there have not been enough funds injected into these areas or the association.
He commended the AGB for informing and proposing to reopen the mine and informing the people of Bougainville; however after more than two years of campaign, the only funds that have been made available to PMALA and the PMLAA was a deposit of K10,000 to each of the six associations of PMLAA and PMALA.
Mr Daveona said PMALA needs to be supported financially by both the National Government and Autonomous Bougainville Government.
Mr Daveona claims that a Claim Works Program: Socia Economic Advancement Plan, which is estimated to cost over K5 million, was submitted to the AGB on February 22, 2013.
He said he is very disappointed to have taken over an association which doesn’t have the capacity of support from the two governments. “The associations are inadequately supported by the ABG and the National Government.
“I cannot at this stage support the ABG and the National Government bodies to reopen the mine”.
“My first priority as the new chairman is to first get my house in-order, and for this I will need immediate funding by the end of June,” he said.
He added that he understood there was K500,000 allocated for the Panguna Mine affected areas which is part of the K100 million for the impact program, funding from the National Government.
“I’m sorry to say that if by the end of June PMALA does not receive the above amount, PMALA will put a stop to the reopening of the Panguna Mine,” he said.  

... dass LD Dampf macht! Richtig so!

Hast du noch regelmäßigen Emailkontakt mit ihm, nekro?  

Du findest die Kopien im 707

By Aloysius Laukai in Buin  

http://bougainville.typepad.com/newdawn/2013/06/...oysius-laukai.html

The ABG Speaker, ANDREW MIRIKI says that the ABG Parliament is an independent institution for Bougainville and does not need to consult the Papua New Guinea parliament if wants to enact laws for Bougainville.Speaking in Buin and in Wakunai this week, the ABG Speaker said that since 2005, the ABG Parliament has become a member of the Commonwealth of Parliament Associations and as the speaker he attends conferences representing the Bougainville Parliament.MR. MIRIKI said that under the autonomous arrangement the ABG House of Representatives is operating independently and can make laws for Bougainville.He was explaining to the people the role of the ABG Parliament with regards to the Autonomous status of Bougainville.The ABG Speaker said that the ABG Parliament was already independent and operating under him has the Speaker who is in-charge of the legislator.The ABG President heads the  Executive whilst the Judiciary is yet to be in place to complete the three arms of the Government on Bougainville.

das gute an den BCL-Aktienkursen ist, das man nun nicht mehr viel verlieren kann.

Ob die Meekamui irgendwann merken, dass sie mit ihrer 4,5 Milliarden Dollar-Forderung alles, aber auch alles, in Frage stellen? Die Unabhängigkeit...  den Sinn der tausenden Bürgerkriegstoten... das viele Gequatsche von Freiheit in den letzten knapp 25 Jahren...  die vielen positiven politischen Entwicklungen auf Bougainville und auch in PNG...  und noch ein paar andere bedeutsame Dinge...

36 Grad gerade hier im Raum, ist heute viel zu heiß hier in Deutschland, sich über so viel "purer Intelligenz" aufzuregen.  

http://asopa.typepad.com/asopa_people/2013/06/...in-bougainville.html

Things (like gold) are still unexpected in Bougainville

ISHMAEL PALIPAL

Washing gold at Loloho beach"DURING THE TIME when the Panguna mine was operating, they used to throw the waste here," said Paulus Kikihe, indicating an area of land where people were digging to obtain gold.

Paulus is from Rorovana 2 in the Evo-Torau Constituency of Central Bougainville. He is one of the local gold buyers and a miner as well.

The people from Rorovana migrated from Kariki (Fowl) Island in Choiseul Province of Solomon Islands and acquired land along the coast of the North Nasioi area. They have limited useful land because of a big swamp that surrounds them.

Recently, whilst visiting a friend at Loloho, I was surprised to see these Rorovana people panning gold along the beach [see picture] where, as Paulus told me, there was Panguna mine waste from the Loloho concentrator.



Loloho is a small port town near Arawa and served as an army base during the Bougainville crisis.

Anyway, amazingly, these people were simply digging gold from the sand on the sea shore.

They told me that, even the places where the waves crash on to the shore, gold deposits are there. Most of the people are happy because they can get enough money to pay for their needs.

Since they do not have enough land to cater for the growing population of the two Rorovana villages, people have been struggling to get money. The sea has been providing for them for the past years, since the land is so scarce.

“Fish have been our main source of money to provide for our needs since before the Panguna mine and even nowadays,” said one of the elders.

A mother told me that now, because of free education from the government, they have a chance to save money to establish some things which they have been struggling for years to get.

“Small scale gold panning was started around 2006 when one of the Rorovana men discovered some gold deposits while doing his gardening beside the shore,” said Mr Matte.

“The find was made known to all community members.”

After discovering the gold deposit, little by little the number of gold miners has been increasing. Currently 40-50 gold panning tables can be seen each day on the beach. The area is crowded with people.

... bei dieser Prozedur als Gewinn (ich hab mir das Foto mal vergrößert angeschaut) nicht soviel übrig, das die sich davon Quecksilber kaufen können und noch den letzten Rest Goldstaub aus dem Sand heraus zu holen versuchen.
Dann heißt es anschließüend wieder - der Fisch im Meer ist vergiftet und kann nicht gegessen werden, früher war alles besser - und   BCL war und ist wieder an allem schuld. ;-)))  

 

Gemäß dem Langzeit-Chart steht ein Ausbruch nach oben bis 3,5 Euro kurz bevor, was meint Ihr?  

"ABG is our legitimate government so we want them to come and meet with us and discuss where the 10,000 plus Panguna people will be relocated to before the mine"s reopening can take place. If our relocation issue is not addressed, then we will go back to square one,"

Der Investitionsplan von Bougainville Copper sieht USD490m für accomodation und USD200m für social infrastructure vor. Ohne weitere Detailkenntnisse schien mir das hoch zu sein - es sei denn jeder Angestellte bekommt seine eigene Villa gestellt. Möglicherweise sind darin auch Aufwendungen für Umsiedlungen inbegriffen?  

There have being concerns over the proposed reopening of the Panguna mine in the Autonomous Region of Bougainville (AROB).

The new Chairman of the Panguna Mine Affected Land owners Association (PMALA), Mr Lawrence Daveona has expressed concern over the National Government agencies agreement with Autonomous Bougainville Government to reopen the Mine.

Mr Daveona said although the ABG and the National government have good intentions in reopening the mine, and establishing Panguna Mine Lease Area Associations (PMLAA), there have not been enough funds injected into these areas or the association.

He commended the AGB for informing and proposing to reopen the mine and informing the people of Bougainville; however after more than two years of campaign, the only funds that have been made available to PMALA and the PMLAA was a deposit of K10,000 to each of the six associations of PMLAA and PMALA.

Mr Daveona said PMALA needs to be supported financially by both the National Government and Autonomous Bougainville Government.

Mr Daveona claims that a Claim Works Program: Social Economic Advancement Plan, which is estimated to cost over K5 million, was submitted to the AGB on February 22, 2013.

He said he is very disappointed to have taken over an association which doesn’t have the capacity of support from the two governments.

“The associations are inadequately supported by the ABG and the National Government.

“I cannot at this stage support the ABG and the National Government bodies to reopen the mine”.

“My first priority as the new chairman is to first get my house in-order, and for this I will need immediate funding by the end of June,” he said.

He added that he understood there was K500,000 allocated for the Panguna Mine affected areas which is part of the K100 million for the impact program, funding from the National Government.

“I’m sorry to say that if by the end of June PMALA does not receive the above amount, PMALA will put a stop to the reopening of the Panguna Mine,” he said.  

also wegen der halben Million Micky-Mouse Kröten kann das Projekt wohl nicht scheitern...
Bin mal gespannt, ob bis Ende Juni wer den Pot auffüllt....  

http://www.postcourier.com.pg/20130620/thhome.htm

By WINTERFORD TOREAS

MORE assistance for development will be provided by the government of Japan to the Autonomous Region of Bougainville after a recent one day visit last week by Minoru Kiuchi, Japan’s Parliamentary Vice Minister for Foreign Affairs.
Mr Kiuchi’s delegation included the ambassador to PNG, His Excellency Hiroharu Iwasaki and five senior staffs from the foreign affairs ministry.
The delegation’s first visit took them to Hahela Primary School to inspect one of the buildings there that had been funded by Japan through its aid agency JICA, a few years ago.
They also travelled to the Selau-Suir district in the mainland of North Bougainville and inspected a Japanese funded bridge at the Rawa River.
The bridge, connecting the mainland of North Bougainville and Arawa in Central Bougainville, is one of fifteen bridges the Japanese government had funded.
The delegation also paid a courtesy call to the ABG President John Momis and to the Speaker Andrew Miriki, before visiting the parliament chamber.
Speaking during a farewell dinner hosted by the ABG President at his residence last week, Chief Momis thanked Mr Kiuchi for Japan’s kind and generous assistances to Bougainville.
“Bougainville is immensely grateful to Japan for its contribution towards the construction of the fifteen bridges as well as other donations made to Bougainville in the past when Bougainville was at its lowest,” Mr Momis said.
He also gave a brief history of the region before the outbreak of the crisis. He added that ABG’s collaboration with friendly nations like Japan, Australia and New Zealand has inspired them with a confidence that Bougainville will reach its ultimate goal of determining its political future.
Mr Momis concluded his remarks by asking the Japanese Government to continue with the bridging project from Central to South Bougainville, saying the southern part of the region is where Japan’s war hero Yamamoto lost his life.
He appealed to the Japanese Government to erect a monument for our young people: “In life, one must excel, one must make sacrifices for the love of his country. Patriotism is something that is worth emulating by any people in this world.”
In response, Mr Kiuchi said that although Bougainville was not materially rich, it was mentally a rich country. He advised President
Momis to forward any requests for Japan’s assistances to Ambassador Iwasaki.
Mr Kiuchi, who was moved upon seeing the state of students’ desks at Hahela primary school, said he will consult Ambassador Iwasaki on what assistances can be made to Hahela and other schools in Bougainville.
He also said that upon his return, he will persuade other Japanese parliamentarians to focus their developmental initiatives on Bougainville.  

... ein paar weitere Stücke gekauft.

Wie haltet Ihr das? Seid Ihr "on hold", da schon bis zum Maximum investiert? Seid Ihr "in Lauerstellung" für einen weiteren Dip in Richtung 0,20 - 0,25, um dann ggf. aufzustocken?
Ich habe weitere Limit-Orders im Markt und sehe die aktuelle Kursschwäche eher positiv, kann ich doch überraschend frei gewordenes Zusatzkapital nun dazu nutzen, hier weiter aufzustocken.

Wie schaut Eure Strategie aus?  

...der war gut. ;-)

Und mit Aufstocken wäre ich derzeit noch vorsichtig. BOC hat in einem Jahr mehr als 50% eingebüsst. Und bis zu einem Konsens mit den "Brothers in arms" in Bougv. könnte es noch Zeit dauern.

Für Anfänger unter den Ariva-Lesern ist BOC daher eher nicht geeignet...  

Derjenige , der seit geraumer Zeit den Kurs langsam nach unten drückt wird solange drücken, bis der Durchbruch zur Wiedereröffnung gelungen ist. Das kann wirklich noch einige Zeit dauern. Mir ist es jetzt schon langweilig das tägliche Spiel mit dem Aktienkurs zu beobachten.  

Ich sehe das ähnlich. Meine Limit-Orders aktuell gestaffelt bis runter zu 20c sind im Markt. Ich fahre morgen nun erst einmal einige Wochen in Urlaub und schaue dann nach Rückkehr Anfang August weiter und hier wieder vorbei.

Einen schönen Sommer allen Investierten und toi, toi, toi.....  

Landowners commended

A STAUNCH supporter of the Bougainville peace process has applauded the collective stand taken by six landowner groups to open up negotiations with the view to re-opening the Bougainville copper mine.
Mr Kandaso Napi MBE who is a former employee and one time fleet trucking contractor to the Bougainville Copper Ltd welcomed the stand of the landowners for negotiations with BCL, ABG and the PNG government as the step in the right direction for the good of the long suffering people of Bougainville.
Mr Napi, who has a longstanding relationship with the people of Bougainville through his close association with the Panguna landowners and others, and one who regularly concerns himself with the situation on the ground, praised the six chairmen and the members of the associations for their foresight and wisdom in finally putting aside their differences to take this united stand to be under one umbrella association as a single voice.
He said by doing so, they are now in a much better position to bring out their outstanding issues onto the negotiating table where they may put forward their demands, concerns and views to reach amicable solutions with all stakeholders in order to derive maximum benefits for the future wellbeing of their people.
“In order to bring Bougainville out of its current state, it needs a leader with the right attributes at the helm to steer it out of the stormy seas and there’s no better man than Chief John Momis,” Mr Napi said.
He described Chief Momis as a corrupt-free man with no strings attached and a man of wisdom with vast experience and a humble peace-maker who only lives to serve the very people who put him into office.
He added that the Bougainville people are very lucky to have such a leader at this crucial time and has urged the people, especially the Panguna landowners to work closely with him to achieve their dreams of a brighter future.
Mr Napi also wants the Bougainville people to know that they are lucky to have a people-oriented national government in place now which is manned by quality leaders who are willing to sit down and listen, discuss and come up with the best possible solutions to create a win-win situation for all. He said the O’Neill/Dion government does not play lip-service but acts where action is required and has already shown total commitment to the physical and social development of Bougainville by allocating funds.
He is therefore calling on the Panguna landowners to grasp this opportunity with open arms and freely discuss their concerns with the O’Neill-Dion government where required.
Mr Napi said now that BCL has also committed itself to reopening the abandoned mine and opted for negotiations, the immediate landowners and mine affected communities, former combatants, politicians including the ABG and the four national parliamentarians and all other suffering Bougainvilleans must put their differences aside and whole-heartedly welcome this move by the mining company.  

http://www.finews.ch/news/finanzplatz/...ple-component-analysis-model  

 

Steht Lawrence noch auf der Gehaltsliste der Esbc?Denke schon ;-))



The newly-appointed head of the Bougainville landowners group is cautiously optimistic that work to re-open the giant Panguna copper and gold mine could begin within two years.
Lawrence Daveona is the new chairman of the Umbrella Panguna Landowners Association (UPMALA), which represents six landowner groups. The groups have jointly drawn up conditions required for talks on re-opening the mine. The Panguna mine has lain idle since 1989 following extensive civil unrest.

Three years ago, the newly elected President of the Autonomous Region of Bougainville (ABG), John Momis, declared the mine had to reopen in order to enable Bougainville to sustain its economy in preparation for an independence referendum due between 2015 and 2020.

Pre-conditions
The landowners’ pre-conditions for talks to begin include

The acquisition of the mine licence by local landowners, represented by the SML Osikaiang Association
Funding for a traditional reconciliation process
10 billion kina (US$4 billion) compensation
Funding support for UPMALA and its six affiliated associations to enable them to function as legitimate organisations
Resettlement of, and help for, landowners displaced during the Bougainville conflict
Daveona has told Business Advantage PNG that the landowners’ would be seeking to obtain the licence for the mine area itself, believing Rio Tinto subsidiary Bougainville Copper Limited’s rights to the mine have expired.

Compensation claim
He also said landowners have also not retreated from late rebel leader Francis Ona’s demand for 10 billion kina (US$4 billion) compensation as a part of his team’s pre-condition talks.

Daveona said this is not a demand for cash up-front from Rio Tinto or BCL, but the detail ‘is being worked out and is not finalised yet.’

Daveona quoted Momis as saying talks would begin in November this year, but before that could happen, there were a number of outstanding issues, including sufficient funding from the Bougainville and National governments for UPMALA and the six Landowner Associations to operate independently from the ABG. There is a concern that landowners’ issues may be watered down if they are co-opted as a partner of ABG in the negotiations.

He said work on rehabilitating the mine could possibly begin in 2015.

BCL responds
Peter Taylor, Chairman of Bougainville Copper Limited, told Business Advantage PNG that he welcomed the formation of the umbrella group and congratulated Daveona on his election.

‘At this stage, BCL is working on the basis that the Bougainville Copper Agreement is still in place,’ he said.

Under the agreement, BCL has an automatic right to a 21-year renewal of the mining lease  

Aus dem Text von Posting 16174:

"...The landowners’ pre-conditions for talks to begin include

The acquisition of the mine licence by local landowners, represented by the SML Osikaiang Association..."

Äh, was soll das den heißen? Eine Landeigner-Vereinigung namens SML Osikaiang Association soll nach deren Vorstellung die Panguna-Lizenz erwerben?

Und dann noch die Forderung nach Kompensationszahlungen in Höhe von 4 Mrd. USD?

Das werden wohl noch harte Verhandlungen werden....