Trading Bougainville Copper (ADRs) 867948

http://www.rnzi.com/pages/news.php?op=read&id=79893

hatte in einem post was zu dem illegalen goldschürfen geschrieben.
hast du da nähere infos zu? sind es nennenswerte mengen oder nur hobby?  

"einmalige" Steuern auf alle Vermögen als Lösung der Weltverschuldung.
http://www.imf.org/external/pubs/ft/fm/2013/02/pdf/fm1302.pdf

Da kann man sich ja freuen, dass der Kurs der BCL Aktie noch nicht richtig gestiegen ist - oder?

 

Am unteren Jabariver betreiben Kanadier äusserst profitabel eine Testanlage mit dem  bei einem Unwetter weggeschwemmte Abraum der Pangunamine. Darüber soll vor einigen Wochen eine Dokumentation auf Arte gesendet worden sein.

Auch die Morumbis sind auf ihren "Leases" aktiv, bezeichnen das aber als "Exploration"  

"...FISCAL MONITOR
October 2013
Taxing Times..."

beleuchtet aber noch einen anderen ernsten Aspekt:  Die Weltwirtschaft wie wir sie kennen, scheint vor einer Klippe zu stehen. Staatsbankrotte und resultierend Bank-, Lagerstellen- und Börsenzusammenbrüche müssen einkalkuliert werden.
In solchen Fällen nutzt es dann aber nichts, nur Besitzer der Aktie zu sein, ohne das Recht des Eigentümers.
Dieses Eigentumsrecht - erkennbar z.B. an der Einladung zur HV direkt von der Firma - hat NUR der im Aktienbuch eingetragene Aktionär. Alle anderen haben nur Ansprüche gegen irgend eine Lagerstelle - oft englische Ltd's im Rahmen des Insolvenzverfahrens der Lagerstelle.

 

..............from geologists at Yale University, new discoveries of copper have raised global reserves by just 0.63 per cent a year since 1925 but usage (final demand) has risen at 3.3 per cent per annum. And now demand is growing strongly on the back of phenomenal growth in China, India and other emerging market economies. Stocks of copper have been in sharp decline in the last few years and it is this scarcity that has driven prices higher as commodities traders out-bid each other as they scramble for available supplies. Supply has fallen behind the growth of demand and prices can move in only one direction when this happens!

The world supply of and demand for copper
Most copper ore is mined or extracted as copper sulfides from large open pit mines in copper porphyry deposits that contain 0.4 to 1.0 percent copper. Over 40 per cent of world copper supply comes from North and South America; 31 per cent from Asia and 21 per cent from Europe. Chile is the world’s biggest supplier of copper (it provided 35 per cent of the total in 2011 with Indonesia and the USA each contributing 8 per cent).

Copper – an example of derived demand
Because copper is malleable and ductile, there is a huge industrial demand for copper. Like most metals the demand for it is derived in part from the final demand for products that use copper as an important component or raw material. Nearly 50 per cent of the demand for copper comes from the construction industry, and 17 per cent is from the electrical sector.  Copper is also used extensively in heavy and light engineering and in transport industries. From copper wire to copper plumbing, from the use of copper in integrated circuits to its value as a corrosive resistant material in shipbuilding and as a component of coins, cutlery and to colour glass, copper has a huge array of possible industrial uses.

http://freepdfhosting.com/4a956a2be2.pdf

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New post on Papua New Guinea Mine Watch


PNG MP says Bougainville people oppose mining
by ramunickel
Radio New Zealand

The Papua New Guinea MP representing central Bougainville, Jimmy Miningtoro, says the people living near the controversial Panguna mine do not want it to be re-opened.

The Autonomous Bougainville Government has been consulting around the province about a possible re-opening since the beginning of the year but talks planned last week in the Panguna district were derailed by former combatants.

Mr Miningtoro says this is an indication the people don"t want mining.

"The way things are going now it seems that a lot of people on the ground, they don"t support mining. That is the truth that I am getting out from the people. And also especially people who live along the Jaba River where once when Bougainville Copper was operating the company has dumped all the waste down through the Jaba system."

Jimmy Miningtoro says the Autonomous Bougainville Government should instead emphasize agriculture, starting with copra and cocoa, developing its small remnants of coffee and looking to new crops.

ramunickel | October 18, 2013 at 3:21 pm | Tags: ABG, Bougainville, Environmental damage, Jaba river, Jimmy Miringtoro, Landholders, Panguna, Papua New Guinea | Categories: Environmental impact, Papua New Guinea | URL: http://wp.me/pMvf7-2JN
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www.bougainville24.com
Bougainville Copper Foundation has a heart for the ‘lost generation’
To upgrade a largely rural province to the status of an economically developed, self-sufficient economy requires the contribution of a great many people: men and women with training and experience in accounting, computer skills, industrial trades, teaching, business acumen and leadership.
Although a great number of Bougainvilleans have strong skills, many are dispersed across Papua New Guinea and elsewhere in the world.
Unfortunately, because of the years lost in the crisis, there is a considerable skills gap existing today, in the age groups who find themselves between the young students who again have places in school, and the older more experienced workers who are nearing retirement.
Some people refer to them as a “lost generation”, men and women dislodged from school by the crisis, missing out on primary or secondary education and now feeling too old to re-enter the school system, to catch up on the lost years of learning.
When the Panguna mine was first setting up around 1970, Bougainville was similarly lacking in developed job skills.
To remedy this situation, BCL developed PNG’s first large-scale training and job skilling program to fit the local population for employment at the mine and its associated industries.
The results were remarkable, as was the impact not only on Bougainville but also on the development of the emerging Papua New Guinea.
It is recorded that as many as 12,000 men and women passed through the BCL training schemes of that time.
A great number of these found employment at the mine and surrounding operations, and when the mine was forced to close in 1990, the BCL workforce found new roles in constructing and operating the other new mines that drove PNG’s wave of resource development after the 1980’s.
Mines like Ok Tedi, Misima, Porgera, Lihir and others including the more recent oil and gas projects have all been assisted by Bougainvillean skills.
It was proudly known all over PNG that if you had trained and worked at BCL in the early days, you were very likely to be chosen for new employment elsewhere, such was the reputation of the BCL-trained workforce.
Not content to rest on this achievement, BCL and the Bougainville Copper Foundation have been consistently, over the years since the crisis, sponsoring young men and women by the hundreds in secondary and tertiary studies.
The future of a new Bougainville will best be created by the skills and commitment of well-educated Bougainvilleans – doctors and dentists, engineers and metallurgists, teachers, agricultural scientists and many others.
Today, the Foundation also has a heart for the so called “lost” ones, too old to return to school to catch up, feeling themselves unskilled and unable to compete for the jobs that might be created if the mine re-starts, and in need of new hope.
The recently released Order of Magnitude Study, which sketches in broad terms what a new Panguna operation might look like, includes the recognition that local Bougainvillean men and women should have a degree of preferential opportunity if they have the necessary skills and attitude.
Supported by the findings of recent research into pre-employment needs, the Foundation is now considering what help can be given, even before the mine starts to operate, to people who feel they are missing out and who would welcome the chance to increase their education and skill levels.
A clearer statement of the Foundation’s position on this issue can be expected later, after careful consideration of needs and solutions.
President John Momis recently reminded Bougainvilleans of the massive training achievement that marked the first phase of mining at Panguna, and said a new phase will produce similar benefits if the population makes itself ready.
The Autonomous Bougainville Government has an ambitious universal basic education program, which aims to have every six-year-old in school by 2015.
New high schools are planned for Tinputz and Kunua, and in the next phase at Kulula and Wisai in the Buin area.  

Woher weißt du, dass das JSB Meeting begonnen hat?
 

Quelle: http://bougainville.typepad.com/newdawn/2013/10/...tain-provin-1.html

18 October 2013
181013JSB COMMENCES IN KOKOPO
By Aloysius Laukai

The Joint Supervisory Body meeting at Kokopo in the East New Britain Province commenced after lunch today co-chaired by the Deputy Prime Minister, LEO DION and the ABG Vice President, PATRICK NISIRA.
This meeting centred around the 2014 budget, special intervention fund acquittal of the first K100 Million kina, restoration and development grant, transfer of Bougainville public service bill, Bougainville Public finance management and Audit bill and update on referendum committee work.
Dialogue was between ABG Ministers for Public Service, Finance , Planning and Treasury and their Papua New Guinea Government counterparts.
The meeting will end with signing of a joint resolution on the way forward for the two parties in the months and years ahead.
New Dawn FM understands that this is the first JSB meeting for this year 2013.

Ends  

......a lot of issues were brought up by both sides jointly and joint statements and also a Joint Resolution between the Deputy Prime Minister Hon Leo Dion and ABG Vice President Hon Patrick Nisira will be signed at 7:00pm tonight.

Wer steht eigentlich hinter dem "Namen" ramunickel? Wir bekommen laufend Artikel von ihm hier eingestellt, als ob es keine anderen Kommentatoren für die Geschehnisse rund um die Panguna-Mine gäbe. Ist das wirklich ein objektives Bild, das uns dieser ramunickel vermittelt?  

..............( National Government and ABG) at around 11pm tonight after a DEAD LOCK concerning an outstanding issue brought up by the ABG to the National Government. Very healthy to see both Governments fight over an issue and then reach a concensus..

http://asopa.typepad.com/asopa_people/2013/10/...abui-power-play.html

http://www.tradingroom.com.au/apps/...C%26type%3Dlivequote%26sy%3Dtpl

Platz 2: Rio Tinto

http://www.wiwo.de/finanzen/geldanlage/...e&p=7&a=false#image

MP from Central Bougainville says the people don’t want mining
Quelle: Radio New Zealand International, 21.10.2013

The Papua New Guinea MP representing Central Bougainville, Jimmy Miningtoro [Miringtoro], says the people living near the Panguna mine do not want it re-opened.

The autonomous Bougainville government has been consulting around the province about a possible re-opening since the beginning of the year but talks planned last week in the Panguna region were derailed by former combatants.
Mr Miningtoro says this is an indication the people don’t want mining. He told Don Wiseman he wants the ABG to instead emphasise agriculture, starting with copra and cocoa and also looking to new crops.

JIMMY MININGTORO: Coffee can come into the island. Coffee has been doing very well in the island during German days and there are remnants... People have been looking after coffee for many years here.

DON WISEMAN: Most of these products, though, the returns on them at the moment, particularly if you look at mainland PNG, the returns on them are meagre, aren’t they? They’re very poor.
JM: Yeah, OK. These are just some examples, but we can find out more because there are crops able to meet the international market and we can work it out from there.

DW: You come from Central Bougainville, don’t you?
JM: Absolutely.

DW: You’re absolutely convinced that there are people around there and along the river that took those tailings that are adamantly opposed to a return to mining?
JM: Of course, of course. The people, they don’t want mining. Now, also if you look at the way things have been going on, especially re-examining the mining activity on the island, it has taken so long for ABG. What I see is this - at this point in time ABG must direct its attention to agriculture. Now, there are reasons. One, at the moment we don’t have the capacity to handle the mine on the island in terms of our workforce, so that is why I see mining at this time must stay out and the agriculture industry must come in, so that at least we can be able to sustain the island. Now, at the moment we are depending on the national governments funds, but the national governments funds are not filtering to Bougainville because the government on the ground is not meeting the compliance of how the money will be spent, so that’s the problem.

DW: I think a lot of the focus on mining by the ABG was because of this sense that coming up in a little over a year’s time is this period when they’ve got to seriously look at this vote on possible independence. And part of the requirement is they have a viable economy, isn’t it? Are they going to have a viable economy based on agricultural staples? Is that possible?
JM: Well, New Zealand is run by agriculture, so it’s not a mistake. I don’t think New Zealand has a very big mining industry. You have an agriculture industry that is serving New Zealand. So it doesn’t hurt if we develop proper agricultural systems with crops that can meet international needs, then we can be able to sustain our economy. Now, I don’t see the future here for mining activity at this point in time. Because at the moment, as I have said, there is no capacity. And also if ABG cannot manage the government at the ground at the moment, how can ABG managing the extracting industry which they don’t even know.

DW: They don’t even know...?
JM: The operation of the extracting industry.  

U. der Senf vom ESBC Präsi dazu ;-))))

http://ramumine.wordpress.com/2013/10/21/...ing-focus-on-agriculture/

JSB Meeting: ABG and State Agree on Next Steps Forward
Quelle: EMTV, 21.10.2013

The recent Joint Supervisory Body meeting conducted in Kokopo by the National Government and the Autonomous Bougainville Government reached several recommendations.

Top on the agenda was the Special Intervention Fund that has caused much debate by leaders in recent weeks.
Under the Peace Agreement, the National Government is expected to release 100 Million kina every year for the restoration and development grant. ecent debate by members of parliament and ABG members have centered on the failure to submit acquittals for these funds not been submitted.

The recent meeting’s function was to oversee implementation of the Peace agreement.

Speaking at the meeting, ABG Vice President Patrick Nisira highlighted that there were outstanding grants to be settled by the national government. The National government represented by Deputy Prime Minister Leo Dion admitted that there may have been a shortfall.

However, both governments agreed for a joint committee to work out the exact amount to be settled by the national government.
Both leaders have agreed to work more closely to implement key financial, infrastructure and public service transfer issues in relation to the JSB endorsed mechanisms.  

ABG okay with fund acquittals

By LAWRENCIA PIRPIR

THERE is no written and clear agreement as to how to process the special infrastructure funds that were agreed at K500 million in 2011 (K100 million per year) as conditional grants.
And last week’s Joint Supervisory Body meeting in Kokopo has strongly endorsed the need for greater co-ordination of all the resources provided to the Autonomous Bougainville Government, including those from the Government of Papua New Guinea and development partners.
It also endorsed the joint program management unit (JPMU) within the ABG that would report to the project steering committee, chaired by ABG chief administrator with representatives from the Department of National Planning and Monitoring, Department of Works, Department of Education, Department of Health and the Co-ordinating Office for Bougainville Affairs.
The working committee here would also review the current project management unit (PMU) structure which was endorsed with a view to ensuring that the PMU is an effective mechanism for co-ordination of Bougainville’s restoration and development.
It was also endorsed that to perform its project management role, all funding sources that include the Restoration and Development Grant, Special Infrastructure Fund and donor partner project funds for Bougainville must include an allocation of a minimum of five per cent for project design, management and supervision.
To make this happen, the official statement on the conclusions and record of the JSB of the Government of PNG and ABG Technical officials, co-chaired by acting Prime Minister chief Leo Dion and vice President Patrick Nisiri of the ABG, stated that the nature as to how to draw down these funds lies in the hands of the above proposed joint working group that would be established by the GoPNG chief secretary and the acting chief administrator of the ABG.
They would co-ordinate an agreement that would set up a future process of administrative and acquittal arrangements for these funds that recommends the terms of a Conditional Grant Agreement on such matters.
The written agreement would define:
* Any special acquittal and reporting for the purpose for which the SIF is made, including a definition on ‘high impact project’;
* How decisions by PMU on the particular projects to be funded under each year of the SIF are to be made and may be periodically revised through the Joint Supervisory Body;
* How changes may be made to funding decisions during a particular year, due to unexpected circumstances, but always subject to the requirement that funds not be re-appropriated from one project to another without prior arrangement from the Government of Papua New Guinea;
The joint statement reiterated that Special Infrastructure Funds were agreed at K500 million in 2011 as conditional grants.
 

.....im FoB

wie wenig Papua-Neuguinea entwickelt ist.

http://www.faz.net/aktuell/finanzen/fonds-mehr/...obern-12627573.html