Trading Bougainville Copper (ADRs) 867948

glaube mir das interessiert keinen,nachdem alle die Mine wollen versuchen vereinzelte darüber noch was zu verhindern, für mich ein non event  

Wer ist die Tonu group bzw. COE system of government?

Ich lese davon heute das erste mal

He noted comments made by the President of Mekamui Unity Government on where his people will be located if the government is very strong on reopening the mine. 

ABG President commented that the ABG must find ways now to accommodate the Mekamui and the Tonu group through its COE system of government. 

He said that empowering the people is the way forward for Bougainville and he does not want to see one group forced out of the way. 

The ABG President thanked the people of Central Bougainville for participating at this very important forum.

 

 

............sind die Volltrottel um "King Pei" alias Musingku.

http://www.postcourier.com.pg/20130627/thhome.htm

Talks on mine underway

By ROMULUS MASIU

IT’S an all go for the Panguna Mine re-opening with all stakeholders in Central Bougainville reaffirming their support for the Autonomous Bougainville Government.
All stakeholders in the three districts of Central Bougainville – Wakunai, Panguna and Kieta – spoke out during the two-day 4th Mining Forum on Panguna Mine Negotiations held in Arawa, saying it’s time to boost the region’s economy in preparation for the vote for Referendum to Independence 2016.
All opted for the mineral rich mine pit (Panguna) along the Crown Prince Range to bank roll the region’s independence.
The only stumbling block now is the Me’ekamui government of unity under the leadership of Philip Miriori who still has reservations and wants the mine to be opened after Independence is granted for Bougainville.
The Me’ekamui Government of unity represents the other side of the landowners of Panguna who are opposing the re-opening of the mine on environmental grounds and more importantly on where they will be relocated to and placed if BCL or any other mining company re-opens the mine.
Mr Miriori stood firm questioning the forum on where the Government ABG will relocate them to if they are to open the mine.
“Where will you put me and my people of Panguna if you start operations on our land again? We have nowhere to go now our land has been spoilt, taken away from us and you’re still pushing us away by not considering our plight and forcing the re-opening of the mine,” Mr Miriori had said.
President Chief Dr John Momis sympathised with Mr Miriori and the people of Panguna, telling the forum that he has been deeply touched by the statement of Mr Miriori and assured them that ABG as the legitimate government of the day has this very important obligation to take care of its people.
“Yes, Miriori and the landowners of Panguna have a genuine point, we have to give them new land, a new place to live as they have given us their land, their God-given land for all of us to benefit –even PNG benefited from their land therefore, we’ll accord them a special compensation, that will be stipulated in the new mining law for Bougainville.”
However, President Momis reminded the people of Bougainville to be realistic when talking about the issue of Panguna.
“All the things that have happened to us in the past is history now, we’ve learnt from them and moved forward.
“Your government ABG is taking care of the loopholes in the system – the colonial laws have been thrown out where there was no consultation at all, now everything is very different and more importantly we need money to run our government since National Government of PNG is not honouring its commitment as stipulated under the Bougainville Peace Agreement.”
However, Bougainville Veterans Associations throughout the island have put up a firm stand that Panguna Mine must be re-opened so that all Bougainvilleans – more than 20,000 lives that perished during the Crisis must be compensated.
Former late Francis Ona’s side-kick Glynn Tovirika challenged those who are negative about the mine re-opening to tell the former combatants who are responsible for the permanent closure of the mine that where will they get the money from and how will they pay the compensation for those killed.
Mr Tovirika challenged the Me’ekamui that what will they offer to the people of Bougainville – to the families of those who died during the crisis – they are still crying for the family members who have died.
“Whether you like it or not, we will still open the mine. We (ex-combatants) are the ones who close the mine and we are the ones who will open the mine because this is the dream and wish of late leader Francis Ona, who told us that the mine is not permanently closed, but will operate back after we’re ready to gain independence. That time is now, we are ready,” Mr Tovirika said.

......jedem 2 ** auf HC wert sein ;-)))

http://hotcopper.com.au/...p?fid=1&tid=2032017&msgid=11932612

http://hotcopper.com.au/...p?fid=1&tid=2032059&msgid=11932864

Bougainville chief claims support for Panguna re-opening - Papua New Guinea Mine Watch
ramumine.wordpress.com
Radio New Zealand

A representative of land owners around the Panguna mine in Papua New Guinea"s Bougainville says there is strong support for the re-opening of the controversial mine.

An executive of the Panguna Landowners Association, Chief Michael Pariu, was speaking after the latest government organised forum to canvas the people"s views on the mine re-opening.

He says groups from the districts of Wakunai, Kieta and Panguna, including former combatants, have agreed that a re-opening is necessary to lift the Bougainville economy.

"We are financially handicapped to run the affairs of Bougainville, the affairs of community service and also the affairs of affected landowners. So, a reason – clear and loud – voted for everywhere in Bougainville that we are in Bougainville in desperate need of finance. So that is why a re-opening of Panguna mine is what everyone is expecting now." Chief Michael Pariu.

He says issues of "bel kol" or compensation, and reconciliation and rehabilitation will still need to be finalised beforehand by the company, Bougainville Copper Limited, and the Papua New Guinea and Australian governments.

One last forum is to held in Panguna next week.  

270613BANA FORUM SECOND DAY
By Aloysius Laukai

The two-days 5th Regional forum on Panguna negotiations in Bana which started yesterday is progressing well with al stakeholders participating.

The forum is the second last forum of the forums that the ABG and the mining department is using to get the views from all stakeholders on the future of the Panguna Copper Mine.

This morning the forum participants separated into groups and discussed their issues in their groups and later presented their views to the forum.

In most of the presentations nearly all the stakeholders they wanted in principal to reopen the mine but with conditions that is issues that are outstanding from the past and also the present.  

....wie schnell sich jetzt diese Aussage (2. Absatz).... Mr Tovirika challenged the Me’ekamui that what will they offer to the people of Bougainville – to the families of those who died during the crisis – they are still crying for the family members who have died. “Whether you like it or not, we will still open the mine. We (ex-combatants) are the ones who close the mine and we are the ones who will open the mine because this is the dream and wish of late leader Francis Ona, who told us that the mine is not permanently closed, but will operate back after we’re ready to gain independence. That time is now, we are ready,” Mr Tovirika said. ....auch von dem letzten Beton- und Wirrkopf in dieser Fraktion verstanden und unterstützt wird ;-)))

 

Konsens wird auf Boug. gross geschrieben, auch wenn das mit viel Palaver verbunden ist so hält man sich doch an ein einmal ausgehandeltes Agreement.

Als nächstes stehen die Vorbereitungen der BCL/Bouggys Reconciliation auf dem Plan.

nur der kurs zeigt es nicht. und kein umsatz.
schon komisch......  

http://ramumine.wordpress.com/2013/06/26/...raft-mining-law%E2%80%A8/

Aloysius Laukai | New Dawn

Two Bougainville leaders last night made a joint statement that they were happy and are now committed to work together a team to progress the Bougainville Mining Policy in the best interest of the people of Bougainville based on the sacrifices of the ten year conflict on Bougainville. 

The two leaders in the past were in loggerheads over differences they had concerning the draft mining policy for Bougainville.

Sam Kauona with his Bougainville Resources Owners did not agree on Section 23 of the Bougainville Mining Policy which stated that the Landowners owned 50% from their resources whilst the Autonomous Bougainville Government owned the other half on behalf of other Bougainvilleans who were not resource owners.

And just recently the ABG and the Bougainville Resources owners and Ex combatants through a series of consultations agreed to change rights vested to the people of Bougainville.

The bill is yet to be finalized through a series of forums and consultations with all stakeholders on Bougainville before it is presented to the ABG for final approval.

The two Bougainville leaders last night announced that this was a breakthrough and it favours the people of Bougainville.

New Dawn FM understands that drafting instructions has been given to the Lawyers to incorporate the changes before it goes back to public scrutiny again.

And it will be passed once all Bougainvilleans are happy with it.

This legislation has been controversial because Natural Resources including Minerals and Oil gives power to the economy.

http://www.energydigital.com/press_releases/...egarding-mining-policy

100 St @ 0,34 $

Sollen hier die US Ex-ADR Besitzer animiert werden ihre getauschten u. nicht vorhandenen Shares zu verramschen???

............to mine

* 9th Circuit rules after top U.S. court narrows law's reach

By Jonathan Stempel

June 28 (Reuters) - Benefiting from a recent U.S. Supreme Court decision, Rio Tinto Plc has won the dismissal of a nearly 13-year-old U.S. lawsuit accusing the Anglo-Australian mining company of complicity in human rights abuses on the South Pacific island of Bougainville.

Friday's ruling by a majority of an 11-judge panel of the 9th U.S. Circuit Court of Appeals ends litigation begun in 2000.

Roughly 10,000 current and former Bougainville residents had sought to hold Rio Tinto responsible for human rights violations and thousands of deaths linked to polluting a copper and gold mine it once ran.

The ruling follows the Supreme Court's April 17 decision in Kiobel v. Royal Dutch Petroleum Co, where the justices limited the sweep of a 1789 U.S. law that lawyers had used for roughly three decades to fight human rights abuses worldwide.

Five justices said the Alien Tort Statute was meant to cover international law violations occurring in the United States, and that violations elsewhere must "touch and concern" U.S. territory "with sufficient force" to displace that presumption.

The Bougainville residents alleged that after workers in 1988 began to sabotage the Rio Tinto mine, the company goaded Papua New Guinea's government to exact retribution and conspired to impose a blockade, leading to thousands of civilian deaths.

On April 22, the Supreme Court threw out an earlier 9th Circuit ruling that let the lawsuit proceed, and asked it to revisit the matter in light of Kiobel.

Steve Berman, a lawyer for the Bougainville plaintiffs, did not immediately respond to requests for comment.

He had asked the 9th Circuit to send the case back to the Los Angeles district court so that his clients could try to proceed with other claims, "sans invocation of the ATS."

Kiobel was also cited this week by a Virginia federal judge who dismissed a lawsuit accusing defense contractor CACI International Inc of conspiring to torture detainees a decade ago at the Abu Ghraib prison in Iraq.

The judge in that case said that because the alleged abuse occurred outside the United States, he lacked jurisdiction to consider claims by four former detainees. They plan to appeal.

The case is Sarei et al v. Rio Tinto Plc et al, 9th U.S. Circuit Court of Appeals, No. 02-56256.

......and complained to them about the SP level , all they would say is all is on track and the business is moving ahead in a positive direction and that they can't control the share price. The shorters continue to profit from what is a "DIRTY" way to make a profit, but as long as ASIC allow it to be legal good luck to them.I am long and want to participate and witness in the success story of this bluest of the blue chip in the Au,Ag,Cu industry, I am still sitting on the ground floor and on front seat, the story has just started, I  have the patience to pick up cheaper shares. If I liked this coy when its Sp was at 1.30, I certainly love it more at 0.43 if price is the single determining factor, it appears to be so. I have seen my portfolio value plummets by a five figure, and to sell at this ridiculously unimaginably low price is selling at the bottom, I dont want to be a loser by doing just that, and I will add on weakness. If I have to wait for another 2 years to get break even, so be it. I have to have strong conviction to stay at this game, the hardest endeavor ever. Good luck to all.

280613FOUR DAYS FORUM ACHIEVES GOALS
By Aloysius Laukai

The Four days Regional Forum on Panguna negotiations held in Arawa and BANA this week has achieved results.
AND it has received contributions from all stake holders including the MEKAMUI, EX COMBATANTS, WOMEN’S,CHURCHES YOUTHS and constituencies of RAO AND TERRA in Wakunai, NORTH NASIOI, SOUTH NASIOI , KOKODA and KONGARA and in BANA the three Constituencies of BABA,LATO and BOLAVE with the landowners of the Tailings in which wastes from the PANGUNA mine was dumped.
Majority of the contributions sympathized with the ABG which needed funds to deliver much needed services to the people of Bougainville.
The local member for BOLAVE LAWRENCE WAKAI thanked the ABG and especially the mining department for having this important forum in his electorate which has been used by BCL to dump its wastes from the PANGUNA mine.
He said damage to their environment will never be repaired as damage is still occurring today.
MR. WAKAI said that he was happy that the ABG President and Cabinet ministers and CEO’s of Divisions including the chief administrator were able to visit his electorate.
He said that it was a privilege for the people of BOLAVE to have this delegation to BANA and because the Works and Finance Ministers were also there they can see the state of the roads and put funds to rehabilitate the roads.  

Bougainville genocide lawsuit thrown out by appeals court - Papua New Guinea Mine Watch
ramumine.wordpress.com
Edvard Pettersson | Bloomberg

Rio Tinto Plc, the world’s second-biggest mining company, won dismissal of a lawsuit in the U.S. accusing it of contributing to genocide in Papua New Guinea.

The U.S. Court of Appeals in San Francisco today affirmed a lower court’s ruling dismissing the case. The appeals court’s decision was prompted by an April 22 order by the U.S. Supreme Court, which in a separate case brought against Royal Dutch Shell Plc (RDSA) had scaled back application of the 1789 Alien Tort Statute.

That law, also invoked in the Rio Tinto case, has been a favorite tool of human-rights advocates seeking to hold companies responsible in U.S. courts for atrocities overseas.

The lawsuit against London-based Rio Tinto stems from the deaths of thousands of indigenous people starting in 1988 on the island of Bougainville, where Rio Tinto was part of a group operating the world’s largest open copper pit.

The case is Sarie v. Rio Tinto Plc, 02-56256, U.S. Court of Appeals for the Ninth Circuit (San Francisco.)  

AROB ready for referendum date

By ROMULUS MASIU

BOUGAINVILLE is ready and all geared up to receive the date for the Referendum for Independence which will be decided next year 2014 by the second Bougainville House of Representatives. The Momis-Nisira government has earmarked the year be set in 2016 with the day and date to be settled when the House sits in its special meeting first thing next year. President Chief Dr John Momis challenged Bougainvilleans to rise up and be counted when the date is finally set saying there is no time to lose. “We must seriously decide on the referendum as this decision we make will determine our future. Let’s keep on dreaming and be prepared to dream the impossible and make it possible. We have to dream on and reap the fruit of our dreams – not just dream empty dreams. People who don’t dream are dead. People who dream have belief and hope one day they will benefit from the dreams they have had with others.” Dr Momis further said now is the time to make sure our dreams are realised otherwise our dreams will be of no purpose and no use. He urged the people of Bougainville to put dreams to concrete programs. “We have to be united and work as team. Bougainville has to play as a member of one team. Process is very important, when we take care of the process, the outcome will be acceptable to all of us including our foreign investors and governments. Bougainvillea has to prove that we are not crying for money alone, we are crying for justice, we are crying for freedom. We didn’t fight for money alone. We fought for justice and freedom too.” President Momis said this is a very important political process – autonomy is finished, autonomy ended already – discussion about autonomy is history already, now we are at this crossroad to Referendum for Independence which will be decided by the Second House which has taken over from the First House – the foundation government under the leadership of late President Joseph Kabui.The Momis-Nisira government is bringing the date closer to 2016 challenging the people of Bougainville if they are ready or not. “Are you ready, or you afraid – that is why we are leaders and we are indigenous people of our mother land Bougainville. We have to decide our future – no one else. No outsider must decide our future –our destiny.” “We are leaders today because we must show leadership and authority to govern – this is our task, when we die don’t regret, let us unite for one common good – for now and future. Let us be united and become one voice because we have one legislative government which is ABG – it’s not government for President Momis and his Ministers – this is the government of Bougainville. That is why we sacrifice – we sacrifice 20,000 lives during the Bougainville Crisis. What justice will we give them? Let us make the right decision today for our future generation with whatever governing instruments,” President Dr Momis said.

By ROMULUS MASIU THE National Government of Papua New Guinea owes the people of Bougainville K200 million in restoration and development grants as agreed under the Bougainville Peace Agreement (BPA). An angry Autonomous Bougainville Government (ABG) Minister for Finance Albert Punghau blasted National Government saying that by law ABG can take the National Government to court and has assured the people of Bougainville that ABG will just do that – it will take the National Government to court over the issue. “I’ve already spoken to President Chief Dr John Momis and we will definitely take them to court. Even though we have signed the BPA in good faith, we signed for the referendum, we signed for restoration development grant and we signed for the other monies and the National government is continuously and purposely delaying our money till today. You can know the politics of this thing, the ‘Cold War’ is still on, you have to be mindful and make the crucial decision and we open the Panguna Mine and have our own money,” Mr Punghau reminded the people of Bougainville last week in Arawa. The financial arrangement under the BPA stipulates that the PNG government has to provide grants to the Autonomous Bougainville Government (ABG). One such grant is the Restoration and Development Grants. The grant was introduced in 2005, with the first Bougainville House of Representatives getting K10 million. From then on the grant accumulated to K12 million and then to K15million. When the second Bougainville House of Representatives took office the figure is still locked up at K15 million till today. However, Mr Punghau highlighted that according to the formula of the BPA, this money K15 million must increase prorate as per increases of the public investment of PNG. To date this is not happening totaling to K188million owed to Bougainville. This is just one example of the National Government’s uninspiring support and delay tactic that has prompted Momis-Nisira led government to set its sight on the re-opening of the Panguna Mine to re-build its economy and gain independence from PNG. “If the mine is re-opened Bougainville will be one of the richest places on earth with its 300,000 benefiting from billions from the copper-gold deposits at the Panguna pit,” Minister Punghau said, adding that the responsibility of ABG is to provide the goods and services to its population as in the budget, at the same time build economy which it is not doing at the moment because of lack of financial capital. “Let’s kick-start the economy by re-opening the Panguna Mine, if the mine has given independence to Papua New Guinea, this is our money, why we give money to outsiders and now we are becoming beggars on our own land, when we can’t agree on the re-opening of the mine which is rightfully ours,” Mr Punghau said adding that the budget is critical in relation to what the National Government of PNG is doing to Bougainville and its people.

scheint ja nun endlich auch die Bougainville Regierung zu verstehen, wer die Öffnung von Panguna hinter den Kulissen wirklich torpediert.

Es ist eben so: Ein durch die Mineneinnahmen wirtschaftlich sehr starkes Bougainville verschiebt die Machtverhältnisse im multikulti Gebilde PNG - und das wollen natürlich die jetzigen Machthaber - also die Verlierer der Machtverschiebung - verhindern.

Das die jetzigen Machtinhaber sich dabei seit vielen Jahren der nützlichen Idioten bedienten - z.B. selbsternannte Umweltschutzträumer, naive Gutmenschen Idealisten, ewig Gestrige Politfantasten - sei nur am Rande erwähnt und ist ein Vorgang, dessen Aufarbeitung den Menschen von Bougainville obliegt. Schaun wie'mal, wie sie das angehen.
Spannend - sehr spannend das Ganze.  

.....wurden wieder 100K verschoben,schön aufgeteilt in ungerade Stückzahlen damit es nicht so aufällig ist ;-)))))

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

oday: 01-Jul-2013
Time(AEST) Price Volume Value Condition Codes
16:10:36 0.4300 19,426 8,353
15:52:24 0.4300 20,000 8,600
15:46:27 0.4300 21,700 9,331
15:46:27 0.4300 18,300 7,869
15:44:30 0.4300 890           383
15:44:30 0.4300 19,110 8,217
09:59:49 0.4300 5,000 2,150
09:59:49 0.4300 20,000 8,600

...das für PNG die Hauptaufgabe darin liegt : einen Weg zu finden bei zur Zeit Jahr für Jahr sinkenden  Einnahmen aus dem Bergbau zukünftig mehr Einnahmen zu generieren ,gleichzeitig den Ansprüchen der B.Bevölkerung gerecht zu werden, Verträge zu erfüllen  und das ganze für sie kostenneutral, letzendlich finanziert durch BCL, also einen Spagat hinzukriegen der sehr viel guten Willen Einsicht und Durchsetzungsvermögen bei den Verantwortlichen voraussetzt.

 

Hinter der Machtverschiebung, welche nicht von der Hand zu weisen ist, wird nicht nur zwischen PNG und Bougainville diskutiert, auch Australien hat hier ein Interesse an der Entwicklung, schon alleine deswegen, weil Rio Tinto ein australische Unternehmen ist.
Es wird jetzt schön langsam Zeit, dass PNG Farbe bekennt und sich zu der Unabhängigkeit Bougainvilles äußert. Bougainville ist dabei seine Hausaufgaben zu machen...  

........hat sich an die im Bougainville Peace Agreement

http://ips.cap.anu.edu.au/ssgm/resource_documents/...ement29Aug01.pdf

.......getroffenen Vereinbarungen zu halten,zumal das NZ u. AU Gov. sich für die Umsetzung  verbürgt hat.

- "PNG hat sich an die im Bougainville Peace Agreement getroffenen Vereinbarungen zu halten"

Yep, hört sich süß an :-) Ich wüsste da auch ein paar Dinge, an die sich ... sagen wir mal ... diverse Einrichtungen der USA zu halten hätten.

Bitte lasst uns nicht zu weltfremd-sentimental-naiv werden ... es gibt seit eh und je Institutionen und Konstruktionen, die sich an gar nichts halten müssen ...

Schönen Abend und eine schöne zweite Jahreshälfte - auf dass wir hier in sechs Monaten das Gleiche schreiben und lesen können wie vor sechs Monaten ... wenn alles gut geht ...