Trading Bougainville Copper (ADRs) 867948

#17525  

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es tut mir leid, aber bei mir funkt auch dieser Link den du in o.a. Beitrag genannat hast....  

löscht mal den Verlauf des Browsers und evtl. auch den cache, dann werdet ihr sehen, es funktioniert nicht mehr, denn das portal läßt sich nun seine Leistungen honorieren. Nachdem wir heute wieder Handel hatten, müßte "last" und ein blauer Balken erscheinen.  

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Name:    news.iguana2.com
Address:  210.193.160.13  

UN RESPONSES
200913

UN Bougainville Response to the Reaction of the Joint ABG-NSO-UN Study
Let me take this opportunity to first extend our sincere regrets for recent media reporting of the joint study. We knew that together we, the UN and ABG, were mutually engaging in a very sensitive exercise that would take a time to not only address, but gain consensus on the current situation acknowledged facing women in Bougainville and on the best way forward to address it . However, there are a few issues that I would like to correct and clarify;
First the study was done after long consultation with the Government and civil societies in Bougainville. This culminated into an MOU signed between the ABG and UN for the latter to sponsor and coordinate the study. A Working Group was then established comprising all the local actors and coordinated by Community Development at Bougainville level. The study was then conducted in the field by the National Statistics Office of PNG with the technical guidance of the South African health Research Institute, Partners for Prevention(a group of UN Agencies on study of gender and Violence). The UN office in Bougainville provided the assistance on the ground for the conduct of the study. This study was very technical and complied with all international ethical standards. That said , this is a Government-driven Report with UN assistance.
The second issue is the lack of clarity over two different Reports. The Bougainville study was conducted as part of a six country study of Pacific and Asian countries (China, Bangladesh, Sri Lanka, Cambodia, Indonesia). This multi-country study report was finalized earlier than the Bougainville study . The study in Bougainville was conducted in two phases; a qualitative data collection , and then the quantitative survey. The report which caught the media is the multi-country report which contains part of the Bougainville quantitative data. This report was shared locally with the administration for information purposes while we still awaited for the draft of the Bougainville report which was still being finalized by the consultants.
The issue of the multi-country report capturing the Bougainville data ahead of our consultations locally on the Bougainville specific report is being addressed and the concerns expressed by the President and other Bougainvilleans are acknowledged. The teams of researchers will be in Bougainville for a consultations with the ABG and all stakeholders on the findings, recommendations and next steps so that we can mutually take responsibility to carry the recommendations forward and contribute to a prosperous Bougainville for all, a Bougainville where all men and women live a life that is peaceful, secure and free from all forms of violence. In fact, the UN commends the ABG in having relied upon initial study findings in the drafting of its Gender Policy and the Women, Peace and Security Action Plan. The UN stands by its commitments to support interventions flowing from the implementation of this policy and the other findings.
I would like to take this opportunity again to caution not only the media but all stakeholders to exercise due diligence and responsibility in their reporting on and discussion of such issues. Bougainville is a post-conflict environment and our common efforts need to be geared to build social cohesion and confidence to address social and development issues. If we do not handle information well, we derail the enormous progress we are collaboratively making in the region.
The UN office in Buka, the Policy advisory of the ABG and the Working Group of the Study, or the NSO are all available for any further details, clarifications and suggestions.

ENDS  

http://210.193.160.7/netwealth2/depth/boc

 

 

ohne dieses schöne bild fehlte doch was.....  

sollte mal der Monat der Verhandlungen werden!?

Es ist insgesamt sehr ruhig geworden - hat jemand Informationen wie es weitergehen
soll?  

..................look for steep hike in 2014 term fees

http://www.steelguru.com/metals_news/...in_2014_term_fees/325259.html

43 times viewed.
Friday, 20 Sep 2013

Reuters reported that Chinese copper smelters are looking for up to 50% increase in annual term treatment and refining charges for 2014, encouraged by greater availability of concentrates and spot charges hitting two year highs.

Traders and smelter sources said that TC and RCs are paid by miners to smelters to refine concentrate into metal. As the supply of concentrate increases, the demand for smelting capacity and the charges also rise, translating into higher profits for smelters.

Large copper smelters in China, the world's top buyer of raw material concentrate, may ask for TC and RCs of about USD 105 a tonne and 10.5 cents a pound when they meet with miners during London Metal Exchange Week, which begins on October 7.

While the negotiations for next year's TC and RCs will begin during LME Week, an annual gathering in London of the global metals industry, miners and smelters are likely to settle the 2014 benchmark charges later in the year.

Sources said that in Europe, smelters could ask for fees of as much as USD 90 per tonne and 9 cents a pound next year up from a 2013 benchmark of USD 70 per tonne and 70 cents per lb.

The Chinese are more optimistic of a bigger hike in term TC and RCs compared to smelters in Europe, as the former expect to receive more supply from Mongolia's giant Oyu Tolgoi copper mine next year.

Source – Reuters

(www.steelguru.com)

Diese gesamte Woche fanden  JPNCC Meetings in POM zwischen PNG,ABG,BCL u. Lo`s statt.

John Momis, was die 100 Mio betrifft. Die Antwort von Momis im folgenden Post.

210913PIRIKA WANTS ABG FUNDS CONTROLLED
By Aloysius Laukai

The Minister for Bougainville Affairs and member for South Bougainville in the National Government, STEVEN PIRIKA wants the National Government to stop the release of the second batch of ONE HUNDRED MILLION KINA to the Autonomous Bougainville Government.
He made these remarks in Parliament last Friday when answering a serious of Questions from a member of Parliament concerning the release of these funds to the ABG after exchanges of comments were made in the media between the Prime Minister, PETER O’NEILL and the ABG President DR. JOHN MOMIS.
The member for South Bougainville said that no funds will be released to the ABG until and unless they acquit the first ONE HUNDRED MILLION KINA released to them last year.
MR. PIRIKA said that all funds will now be controlled directly by the four members of Parliament and not the ABG.
This however was not received well by the people of Bougainville who made several comments on social media questioning whose interest was the member representing in the Papua New Guinea Parliament.

Ends  

STATEMENT BY THE HON JOEL BANAM, MHR, MINISTER FOR THE PUBLIC SERVICES ON BEHALF OF THE ABG REGARDING ACQUITTALS OF HIP FUNDS The Hon. Joel Banam, MHR, ABG Minister for the Public Services responded, on behalf of the President, Hon. Chief John Momis, GCL, MHR, who is away from Bougainville on official duties, to the statement made in the National Parliament on Friday, 20th of September, 2013 by the Hon. Steven Piriki, MP, the Member for South Bougainville and Minister of Bougainville Affairs regarding HIPs acquittals. The Minister full statement is below: "The ABG is yet again forced to respond to non-factual and erroneous reports that the ABG has not acquitted the funds granted to it as a part of the K.500m Special Intervention Fund, approved at the 2011 JSB and re-affirmed at the 2012 JSB. The ABG is concerned that a Minister of the National Government, and moreover, a Minister for Bougainville Affairs and a member for South Bougainville, would be so much in the dark that he would voice such an inaccuracy. Further, the ABG is alarmed at the assertion that because the funds have not been acquitted the ABG will not receive the further K100m agreed to be disbursed for 2013. The ABG has made it quite clear that it is in the process of rolling out the first tranche of K.100m made available to it in late 2012. The funds are not sitting idle. There are 95 projects approved by the Bougainville Executive Council in their 2012/2013 budget appropriation. The account is gradually being drawn down as more and more of these approved projects are actually funded and the current balance is nowhere near the original K.85million which was the opening balance. Because this is an on-going process, the Bougainville Administration has not yet been able to fully acquit these expenditures because the projects for which the funds are being applied are, in many instances, still in progress. In financial, accounting, monitoring and evaluation terms there are two forms of acquittals: (i) an expenditure report and, (ii) receipts based acquittals. Obviously, given the nature of the HIPs the form of acquittals agreed upon between both governments is an expenditure report backed up by an accounting/financial trail as to the utilisation of funds. An acquittal is not an audit report. This comes later in the process. The ABG is more than happy to note that there has been routine, regular and full quarterlyacquittals and reporting to the national government on the projects to date. There was an acquittal report submitted at the end of the first quarter of 2013. The second quarter acquittal report was delivered to relevant national government agencies at the 2nd Quarter Budget Review held in Manus, 27th July to 9th August, 2013. These reports were delivered to senior officials of the national departments of Treasury, Finance and Planning and Monitoring who are mandated to receive them. We are still not yet at the end of the third quarter of 2013, but this acquittal report will be delivered to the national government on time and through the regular process. The Minister of Bougainville Affairs is a part of the national government and if he requires confirmation of acquittals the opportunity to access them is readily available to him and his Department. The ABG is aware it has to acquit these funds in terms of its financial obligations to the National Government and will do so. There is complete transparency as to the utilisation of these funds. As a matter of public record, as of Friday, 20th September, 2013, the balance on the subsidiary Trust Account for the K.85million that was appropriated by the Bougainville House of Representatives for the 2012/2013 Budget was around K.26m. This demonstrates that the funding is being utilised according to approved budgetary criteria and being monitored by appropriate Bougainville officials. Regarding the 2013 HIP funding of a further K.100m, the agreed projects for which these funds would be utilised was agreed by joint Resolution at the 2012 JSB. The ABG and the national government, both,are unable to lift a single finger to proceed with these projects in the absence of the funds being released. Finally, the ABG wishes to make it clear that the decision to release or not release the funding for 2013 is entirely within the purview of the national government. The ABG is confident, however, that the national government will live up to its stated commitment made in 2011 and 2012, which was jointly agreed under the auspices of the JSB. However, if for any reason the national government is unwilling or unable to provide the agreed level of funding for 2013 then it should state this formally to the ABG and not make public statements which have no basis in facts. The ABG and the people of Bougainville would have expected the Minister of Bougainville Affairs and his Department would be advocates for Bougainville and not detractors. The ABG does not wish to air matters of a routine administrative nature between the national government and the ABG in the public, but it is forced to respond when inaccurate statements and assertions are made under parliamentary privileges where it has no recourse of response." Hon. Joel Banam, MHR ABG MINISTER for the Public Service 21/09/2013

 

United Nations: Natural resource development a "faulty business model" that deepens poverty

http://ramumine.wordpress.com/2013/09/23/...del-that-deepens-poverty/

230913 DISASTER WAITING
By Aloysius Laukai

The Bougainville Disaster Coordinator, FRANKLYN LACEY said that he has received reports from South Bougainville of huge hunger in the area due to seven months of continues rains.
MR. LACEY told New Dawn FM today that they were promised TWO HUNDRED FIFTY THOUSAND KINA by the National Disaster office but the funds are still to reach Buka.
He said that his office had submitted a detailed document on the situation on the ground but the response was taking too long.
MR. LACEY said that plans have been made also to distribute Rice seeds to the people who already know how to plant rice so that they harvest and help themselves.
He said that JAPANESE rice experts are already on Bougainville and can assist the farmers cultivate rice in their local communities.
The Disaster Coordinator said that if nothing is received from the Headquarters he will have to fly to Port Moresby to meet the National Disaster Officials regarding the plight of the people of South Bougainville.

Ends  

...........at "flawed report" on gender violence

http://www.rnzi.com/pages/news.php?op=read&id=79356

-PMALA Chairman- Lawrence Daveona
>Deputy Chairman - James Tauriko
>Secretary - Jude Sirinai
>Treasurer - Bernandine Kiraa

... Singapur: www.bougainville-copper.eu !

..........kann ja nix mehr schiefgehen ;-))))))))))))

stimmt das ?  

Die ESBC Mitglieder würden sich bestimmt über ein kurzes Statement über deine
gewonnenen Eindrücke aus diesem Spitzentreffen freuen.  

Ich vermag beim besten Willen nicht zu erkennen, was es Nicht-ESBC-Mitglieder angehen sollte ob, wann oder in welchem Umfang der ESBC Präsident seinen Mitgliedern Rechenschaft ablegen sollte.

das sehe ich ähnlich, wenn man sich schon die arbeit macht um mehr info´s zu erhalten, dann sollte man diese auch nur mit denen teilen, die daran mitgearbeitet oder gezahlt haben. ich gehöre nicht dazu. ändert für aber auch nix, da ich eh drin bin und bleibe. und da 2013 nach meiner Einschätzung nix großes mehr geschieht und bcl positioniert ist, kann es so wichtig kaum sein. der ball liegt zurzeit an anderer stelle und da ruht er noch länger. wer glaubt, nur weil 2015 bis 2020 was passieren müsste, dann oder jetzt zeitnah auch was passiert, irrt nach meiner Einschätzung. dann wird man halt erst 2025 unabhängig. so ticken eben die uhren bei jedem anders. kostolany ist gefragt. bald habe ich zehn jahre voll :-)  

PNG government takes full ownership of Ok Tedi
Quelle: ABC / PNG Attitude, 19.9.2013

THE PAPUA NEW GUINEA GOVERNMENT will take full ownership of the controversial Ok Tedi mine, after the prime minister pushed new legislation through parliament. Standing orders were suspended yesterday so prime minister Peter O'Neill could pass a bill giving the state complete ownership of the Ok Tedi copper and gold mine in Western Province.

The charitable trust PNG Sustainable Development Fund (PNGSDF) had owned 63% of the mine with the state owning the remaining 37%. The trust had been set up to manage the shareholding of the Ok Tedi mine independently on behalf of the people of Western Province and for the wider community of PNG.

But Mr O'Neill's bill cancels PNGSDP's shares in the mine and issues new ones to the state, giving it 100% ownership. Mr O'Neill says the government is not taking the shares and PNGSDP will be provided with "some" compensation.

The PNGSDP had threatened legal action against Mr O'Neill's new laws and accused him of stealing an asset worth $1 billion from the people of Western Province.

Chairman Sir Mekere Morauta says he fears for the mine's future and the flow on effects to the province under government ownership. Landowners have also been unhappy with the changes, warning Mr O'Neill they would withdraw consent for the mine's life expansion plans.

Meanwhile, the government says BHP Billiton is now liable for environmental damage caused by the Ok Tedi mine, which it formerly owned. The government repealed laws that had granted immunity to BHP Billiton over environmental damage.

In 2002, BHP divested its majority share of the mine to the PNGSDP and was granted immunity from legal action.

But Mr O'Neill told parliament that decision was a bad one and must be corrected. He says corporate entities must own up to their responsibilities and pay compensation.