Trading Bougainville Copper (ADRs) 867948

insbesondere im Vergleich zu African Copper!! Was hälst du davon?  

BOC Reserven findest du hier:

http://stocknessmonster.com/news-item?S=BOC&E=ASX&N=385491

Um zu vergleichen benötigt man die von ACUL,hast du die?

 

Die regionalen Foren bilden die Meinung der Bevölkerung zu Panguna!!!

Mit Abschluss des Forums in Panguna ist auch diese Frage einstimmig beantwortet...


http://ramumine.wordpress.com/
· 6:16 am
Nisira on mining 
on Bougainville

Aloysius Laukai | New Dawn



The ABG Vice President, Patrick Nisira said that reopening of the closed Panguna mine will be decided by the people of Bougainville and no the ABG.

 He made these remarks at the reconciliation ceremony in Panguna.

Mr.Nisira said that the ABG was using the regional forums on Panguna negotiations to access the information.

 The last of the regional forums will be held at Panguna next month.

He said that the ABG was also in the process of finalizing its own mining policy which will give the ownership rights to the traditional landowners who will now own what is on their land from the surface to six feet below and beyond.

He refuted comments by Thomas Tari who said that many ABG members were not doing anything to move Bougainville to Referendum.

 Mr Nisira said that the ABG was doing a lot of things but was not making awareness to inform people on ABGs achievements so far.  

Signing the Memorandum of Understanding in Panguna
by ramunickel
mekamui | Mekamui news

The signing of the memorandum of understanding in Panguna on the 24th of July by the three top Commanders of Kieta in the Central Region of Mekamui/Bougainville does not in any way lead to reopening of the closed Panguna mine.

It is for the three Commanders to work together for the good of the people of Mekamui/Bougainville and to move forward as they were divided by the political nature of the Islands struggle. It is also not for lifting the Morgen Check Point, but they will sit together and talk about what will be done, either it will be lifted or legalised.

While in there, Mekamui news interviewed a lot of people from in and around Panguna about the talks of reopening the mine, the strong words that came out of their heart is "we don't want mine to reopen".

Even during the ceremony when talking about the history one of the former Commanders James Onato, strongly opposed mine reopening he told the leaders and the crowd that whoever wants to make the mining laws must come and sit at the mine pit and down the Jaba river and make that law not in Port Moresby or Australia.

ramunickel | July 28, 2013 at 7:40 am  

Bana, Nagovis people on Panguna mine
by ramunickel
mekamui | Mekamui news

On the 26th of July Mekamui News got a called from Nagovis to go with a team from Healthy Community to a village call Panam where they been holding a community training for the participants from all of Bana District. I walked down to the main road and the truck picked me. We left Arawa around after 9am.

Anthony Siona, a former member of the first house of Autonomous Government Of Bougainville and former Commander of the BRA in the area and one of the participants of the workshop wants to voice out his peoples stand on the hot topic of reopening the Panguna mine.


Anthony Siona

After the closing of the workshop he told Mekamui News that his people are totally against reopening the mine. He stated that they were not given the chance to speak at the Bana forum. He commented that the forum facilitators came with their milk and honey to force down onto the people.

In the interviews in Panguna a woman who wants her name with held told Mekamui News that the people near the mine site were told they would be moved and relocated to Bana District, however Mr Siona says that Bana District is over populated already and don’t have enough land to accommodate more.

When asked if referendum is good he says yes because silent voices in the rural areas are not heard only by putting it down on paper should they be heard.

Another woman from Orami who attend the workshop says Panguna mine must not be reopened Government have to look for other resources for the money they need.

"We learned many good things from Healthy Community workshop, which we can make a good living with out the destruction, which cause by mining. We had enough of pain and suffering related to mining, now our gardens, food and greens are better than when the mine was running."

ramunickel | July 28, 2013 at 7:57  

Quelle :http://ramumine.wordpress.com/2013/07/


Juliy 29.2013 · 4:40 pm

Sustainable businesses possible to outlast mining

A number of Pacific Islanders associated with the mining industry are attending a workshop at the University of Queensland on how local communities based around major mines can maximise their own business opportunities.

ABC Radio Australia

Presenter: Sean Dorney
Speaker: Ernesto Sirolli, Sirolli Institute, Lesley Bennett, Chamber of Mines and Petroleum, Papua New Guinea; Krista Tatapu, Ministry of Mines and Energy, Solomon Islands;

DORNEY: Twenty international visitors have been brought to Brisbane by the International Mining for Development Centre and amongst those running sessions is Ernesto Sirolli whose Sirolli Institute provides support for local communities especially in developing countries wanting to start their own businesses.

SIROLLI: Because they’re starting anew they don’t have to repeat the mistakes of the past. And in the past the relationship between mining companies and communities has been either patronising or paternalistic.

DORNEY: He says the idea is to encourage the creation of a cash generating economy that will outlast the mine.

SIROLLI: The mining companies will go to a community and try to be a good public citizen. They would give some money towards the creation of a school or a hospital. The problem is that when the mine shuts down, the local people don’t have the money to employ the teachers and the doctors. And we have seen in the last 50 years in the work in Africa that for many international aid organisations what happens when the mine goes away is that those infrastructures crumble because there is no local capacity to employ the teachers and the doctors. We are trying instead to develop a concept called the parallel economy where the mining company helps the community develop all sorts of businesses, not only businesses that pertain to the mine necessarily but businesses that are there to enhance the capacity of the community to generate wealth. It could be from restaurants to hairdressers, all the way to ethanol plants and all the way to farming operations. The idea is that when the mine goes away they leave behind hundreds of new businesses. Maybe because the mine goes away some of these businesses will have to relocate but if you teach local people how to start and run successful businesses you have taught them a portable skill so they can take it with them.

DORNEY: Lesley Bennett from Papua New Guinea’s Chamber of Mines and Petroleum says the course has many lessons for mining developments in PNG.

BENNETT: Learning how companies can better earn their social licences to operate in the communities that they’re working in. And it’s also about finding a way where everyone is benefitting.

DORNEY: Ernesto Sirolli says his Institute provides the financial advice and support to get the local entrepreneurs started.

SIROLLI: Free, caring, confidential and competent. And as soon as you provide that kind of service then you discover that all these entrepreneurs appear.

DORNEY: Krista Tatapu from the Solomon Islands Ministry of Mines and Energy says it makes sense.

TATAPU: So that communities in various mining areas or concessions are helped. You know, how they may be able to sustain themselves after a company has left.

SIROLLI: Even in the smallest rural communities the moment you shut up and listen to local people and you offer a confidential service then the entrepreneurs appear. There is never a scarcity of ideas. We have discovered that there is no geography to passion and there is no geography to intelligence. But it requires a different social infrastructure for entrepreneurs to appear.

DORNEY: Ernesto Sirolli says it is simply about facilitating the natural enterprise of the local people.  

http://www.stuff.co.nz/marlborough-express/news/...ves-taste-for-home

290713MOMIS ON DELAYED PAYMENTS
By Aloysius Laukai
The ABG President, DR. JOHN MOMIS today called on the people of Bougainville to unite and focus on the coming referendum for Bougainville.
Speaking on his weekly radio program on New Dawn FM, DR. MOMIS said that PAPUA NEW GUINEA government continues to play delay tactics to frustrated ABG Programs by not paying budgeted monies on time.
ABG President said that the much talked about ONE HUNDRED MILLION KINA for this year has not arrived and also the FIFTEEN MILLION KINA DEVELOPMENT GRANT guaranteed under the Bougainville Peace Agreement is still in Waigani and its now the end of July.
DR. MOMIS called on the people to understand these problems the ABG is faced with and not pressure their government.
He said under the Bougainville Peace Agreement the National Government must pay the ABG grants for development calculated on Papua New Guinea’s annual GDP and since the establishment of ABG in 2005 a total of K180 MILLION KINA is still outstanding for payment.
DR. MOMIS said that the ABG leaders will meet the Papua New Guinea Prime Minister and officials to discuss these discrepancies.
He also blamed the four National members representing Bougainville for not talking about it in Parliament.
DR. MOMIS said that these Parliamentarians are the mouth piece for the Autonomous Bougainville Government and must do their part to prepare the region for referendum.
The ABG President said that the ABG leaders and PNG Leaders will meet to set the date for the Bougainville Referendum next year.

Ends  

http://pngexposed.wordpress.com/2013/07/29/...onate-angels-neglected/

JPMorgan Chase said Friday it is exploring the sale or spinoff of its physical commodities business, as Wall Street's role in the trading of goods such as oil, sugar, corn and metals has come under increased scrutiny from regulators and lawmakers in Washington.

The bank said it would look into shedding its stakes in power plants, oil tank farms and warehouses as well as the trading desks that buy and sell oil, natural gas and coal. Those activities brought in about $700 million in revenue during the first half of this year, said a person familiar with the operations.

But the bank said it would remain "fully committed to its traditional banking activities in the commodity markets," including financial derivatives and the trading of precious metals.

The announcement comes amid reports that JPMorgan is negotiating with the Federal Energy Regulatory Commission over settling possible charges for improper and manipulative trading.

FERC has already slapped JPMorgan with a six-month suspension, barring it from trading in U.S. electricity markets for giving the agency false information during an investigation of California power markets.

The bank's exit from the commodities trading business would mark a reversal from a two-decade trend toward greater involvement of financial institutions in commodity markets.

Three years ago, JPMorgan bought the energy trading division of RBS Sempra. According to the analytics firm Coalition, the 10 largest banks generated an estimated $6 billion in commodities trading revenue last year.

From the mid-1980s through 2004, financial or "noncommercial" players in the oil futures markets grew 30-fold. According to the Commodity Futures Trading Commission, noncommercial traders routinely account for a third to more than half of open positions in different commodity markets.

The two largest trading investment banks, Goldman Sachs and Morgan Stanley, dove into commodities in the 1980s. Goldman bought commodities firm J. Aron in 1981 and Morgan Stanley went into oil trading in 1984, according to an article in the Argus Global Markets weekly newsletter. Both became banks during the financial crisis in 2008.

Citigroup has been involved in physical trading when it merged with Travelers, which owned the oil trading division, Phibro.

As their stakes in the commodity futures markets grew, many financial institutions decided to invest in some physical assets to give them the flexibility to accept physical delivery of commodities.

"Banks are hard-wired into the fabric of oil markets," said an opinion piece in the Argus Global Markets.

Recently, however, banks have drawn criticism for their commodities trading as government officials question whether federally insured institutions should play such a broad role in the market.

In a case that analysts believe to be similar to JPMorgan's, FERC has accused Barclays of taking positions in physical markets for the sole purpose of manipulating prices in financial markets and has imposed a $453 million civil fine for electricity market manipulation. Barclays is refusing to pay and vowing to fight the accusations in federal court.

Many economists have debated the effects of financial institutions' growing involvement in commodity markets. Some say that the banks provide liquidity that makes it easier for farmers or companies such as airlines to hedge prices and avoid sharp price swings that could threaten their businesses.

But others allege that the huge amounts of money being invested by big banks distort many of the commodity markets and in some cases can drive up prices.

The Federal Reserve is also taking a closer look at banks' trading operations.

A 2003 decision by the Fed permitted commercial banks to engage in certain commodity trading activities that were deemed complementary to their financial activities. That decision allowed bank holding companies to own physical commodity assets, such as warehouses and oil pipelines, at the same time as they bought and sold metal and oil on the markets.

On July 19, however, the Fed said it was "reviewing the 2003 determination that certain commodity activities are complementary to financial activities and thus permissible for bank holding companies."

In deciding to sell its physical commodities arm, JPMorgan considered the effect of new rules and regulations, said a person familiar with the operations who was not authorized to speak on the record.

"This could be good news for consumers and taxpayers," said Sen. Sherrod Brown (D-Ohio) in an e-mail. "Banks should focus on core banking activities. Our economy is strengthened when financial conflicts of interest and financial risk are reduced."

In a statement, JPMorgan said that "the firm will explore a full range of options over time including, but not limited to a sale, spin off or strategic partnership of its physical commodities business."

danielle.douglas@washpost.com

steven.mufson@washpost.com
 

"The Federal Reserve is also taking a closer look at banks' trading operations."

Das wäre eine gute Vorgabe an die ASX im Hinblick auf die BOC Trades. ;-))))

"FERC has already slapped JPMorgan with a six-month suspension, barring it from trading in U.S. electricity markets for giving the agency false information during an investigation of California power markets."

" false information" an TR ist auch durchaus vorstellbar

http://bougainville.typepad.com/newdawn/2013/07/...t-the-panguna.html

http://www.boersenscanner.de/gold-silber/...hr-in-die-bredouille.html

Die Fed least Gold an JP Morgan (JPM). Fed liefert Gold. JPM überweist der Fed den Gesamtwert in Dollar. Und JPM verkauft das Gold am Markt. JPM verkauft anschließend mehr Gold an seine Kunden als das Unternehmen tatsächlich von der Fed bekommen hat. Und JPM setzt dabei darauf, dass Kunden keine physische Auslieferung ihres Goldes verlangen.

Die Fed zahlt JPM die sog. GOFO (Gold Forward Offered) Rate. Diese GOFO Rate lag Anfang April bei 0,23%. Das wirkt niedrig, aber für eine risikofreie Transaktion in großen Summen ist das bei weitem nicht schlecht.

Die Fed schmeißt die erhaltenen Dollar auf den Geldmarkt und bekommt die LIBOR Rate. In einer normalen Situation liegt die LIBOR über der GOFO Rate. Mit dem Ergebnis, dass beide, die Fed und JPM Geld verdienen.

Bullion Banks in Schwierigkeiten
Die GOFO Rate ist seit dem 8. Juli negativ..............

......käme jetzt auf die Idee eine VK-Order a 40 ct aufzugeben? ;-)))

... aber Hochlander ist es nicht ....:-)  

http://terranovaenergyltd.com/corporate/directors

Mr. Civelli is a Zurich-based independent financial advisor who provides financial consultancy services through his wholly-owned company Niconsult GmbH. In this capacity, Mr. Civelli works closely with several leading European and North American private asset management companies and funds, which specialize in the natural resources sector. Mr. Civelli serves also as director and VP Finance for Hunter Bay Minerals Plc and for Pacific Hunt Energy Corp and as VP Finance of Pacific LNG Operations Pte Ltd. (Singapore). Mr. Civelli studied at the Universities of Zurich and St Gallen in Switzerland before completing a Masters Degree in Applied Finance at the University of Southern Queensland in Australia.

New post on Mekamui News
                    
           §
LYNETH ONA ON PANGUNA MINE
by mekamui

Lyneth Ona

Lyneth Ona

Mekamui news caught up with Lyneth Ona in Arawa when she came from Buka to attend a meeting at the Arawa Women’s centre. Lyneth Ona is one of the outspoken women in Bougainville against BCL coming back and reopens the Panguna mine.
Mekamui news asked her what are their stand now as from the forums held so far they are saying that majority wants the mine reopen and will start negotiation with BCL?
Lyneth responded by saying that the women must be given the time to talk about or be in the negotiating team because the men had did it in the past were we all suffered terribly. She says that she is not seeing many women as mothers of the land in the decision making body on Bougainville.
She told Mekamui news that she attended two forums, in Buka and the one in Arawa and she stated that not everyone agreed only those educated ones and those who use money going around wants the mine reopen. Asked if there were good number of women who attended the forum she says yes but they were quite however, they have strong opposition to mining.
Lyneth maintain that mining can come later after Referendum or Independence. She says the Government should step in to help people who are panning for gold or the small alluvial gold mining in a small scale. If the mine reopens, where will they relocated the people or Moroni, Guava, Kokore and Dapera the population is 4-5 times higher than during those days.
mekamui | July 29, 2013 at 7:47 pm | Categories: Uncategorized | URL: http://wp.me/prj9z-oi  

Bougainville leader says negotiation will sort compensation claims!!!!!

The finance minister in Papua New Guinea’s autonomous Bougainville government, Albert Punghau, says he is confident the question of compensation for the effects of the civil war can be satisfactorily sorted out.
Compensation for damage and other issues is seen as a key matter ahead of any opening of the huge Panguna mine, which Bougainville views as a solution to its economic woes.
The Me’ekemui faction has long touted a demand for ten billion kina in compensation as its price for any re-opening, while Mr Punghau says the ABG has claims going back to a requests for compensation made before the peace process began.
He says his government is yet to develop a policy on how to handle the claims.
“I, as minister for finance have been tasked by the government to look again into those claims so that we can meet also the government of Papua New Guinea and also maybe the government of Australia, maybe CRA [Rio Tinto, the majority owners of Bougainville Copper Ltd] or their people so that we could now try to address these compensation issues that are in front of us.”
News Content © Radio New Zealand International

http://www.rnzi.com/pages/news.php?op=read&id=77918

Sieht so der freie Markt aus? Machen wir uns vielleicht nur was vor? Warum kauft keiner?  

Es gibt schon Käufer & Verkäufer. Nur die Preisvorstellungen (Limits) sind verschieden:
 

.....war nicht aller Tage Börsenschluss ;-))))

VOL 127,928

Today: 30-Jul-2013

Time(AEST) Price Volume Value Condition Codes

15:43:34 0.4000     198     79
15:43:34 0.4000 19,802 7,921
15:43:23 0.4000  6,046 2,418
15:43:23 0.4000 13,954 5,582
15:28:05 0.4000 10,000 4,000
15:27:44 0.4000 23,000 9,200
14:57:45 0.3950     428   169
10:10:29 0.4000  2,000   800
09:59:54 0.3950    300  119
09:59:54 0.3950   2,200  869 XT

.....Der Deckel wurde vorsorglich um die AKs a 42,43,44,46.5 erhöht damit der Kurs nicht explodiert falls jemand aus der heutigen Bomben-News #16720 die richtigen Schlüsse zieht.

Jetzt scheint doch klar zu sein dass das Gerücht stimmt dass AU u. Rio sich dafür einsetzen ($$$?) dass 2/3 der PNG BOC Shares als Compensation an Bougainville übertragen werden. Gut möglich sogar dass das  3/3 von PNG auch übertragen wird.

Dann kommt es zu der ultimativen Reconciliation AU/PNG/RIO/Bougainville.........u. zum ultimativen BIGBOCBANG ;-)))))))))))))))))))

......noch eben 50K nach Börsenschluss ;-)))

Today: 30-Jul-2013

Time(AEST) Price Volume Value Condition Codes

16:10:49 0.4000 20,000 8,000
16:10:49 0.4000 4,905 1,962
16:10:49 0.4000 25,095 10,038  

........werden ohne Gesichtsverlust für ONA bzw. Meekamuis abgegolten durch 76,430,809 BOC Shares.

Na dann lasst uns mal den Kina Converter zücken u. den fairen BOC Wert berechnen;-))))

http://www.xe.com/currencyconverter/convert/...mp;From=PGK&To=AUD