Trading Bougainville Copper (ADRs) 867948
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....Aktienkurs RTG Mining
BörsenplatzToronto
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...ich bleibe dabei: .....nicht mal das Altmetalll anvertrauen. ;-) .......nur heiße Luft und zu hohes Risiko.
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Pacific Papua New Guinea
37 minutes ago
Bougainville SML proposes mediated talks on Panguna
37 minutes ago
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A Bougainville landowner group wants to reach a compromise with the autonomous government over re-opening the Panguna mine.
Panguna
The government in the Papua New Guinea region wants to bring back Bougainville Copper Ltd to run the mine, but the Special Mining Lease Osikaiyang Landowners Association, which owns the site, has teamed up with another miner, RTG.
The mine re-opening is viewed as critical to Bougainville achieving some fiscal self reliance ahead of a vote on independence in June 2019.
An abandoned building at Panguna mine site in Bougainville
An abandoned building at Panguna mine site in Bougainville Photo: supplied
The chair of the SMLOLA, Philip Miriori, said they were proposing talks with the ABG to sort the matter out.
He said they would like to bring in a mediator.
"We have this timeframe, a very important timeframe for a referendum, 2019 - we need mediation because he will make sure we find a fair solution for SML [Special Mining Lease Osikaiyang Landowners Association], for ABG and for the rest of Bougainville. So you know there will be a win - win situation," said Phillip Miriori.
June 20, 2017
by Lyn Gegera
Unification is paramount for Bougainvilleans in East New Britain and throughout Papua New Guinea in preparation for the upcoming referendum, in 2019.
The ABG President Hon Chief Dr. John Momis made the statement when addressing the Bougainville community at the ABG Day celebrations in East New Britain over the weekend.
“Bougainvilleans we are highly favored, and we alone can make referendum work for us if we stand and work together in unity,” Momis said.
The President also reiterated the need for Bougainville to work consistently and systematically to ensure the three pillars of the Bougainville Peace Agreement (BPA) are achieved before the referendum date. The three pillars include: weapons disposal; good governance and fiscal self-reliance.
ABG Minister for Economic Services Hon Fidelis Semoso also accompanied the President. Semoso shared the same sentiments, calling on all Bougainvilleans to have one goal and also emphasised the need to fulfil the three pillars of the BPA.
“Bougainvilleans and East New Britain friends we must have a common objective to vote for independence,” he said.
He explained that the ABG was doing its best to reach these bench marks through various developments in the region, which included the partial lifting of the Mining Moratorium in Bougainville, building and improving of infrastructure and roads in North, Central and South and creating policies to raise the internal revenue of the Autonomous Region of Bougainville, amongst others.
“Your government is at work and I call on all Bougainvilleans to keep having faith, hope and trust for your government,” Mr. Semoso said.
The Bougainville community were reminded of the referendum date set for June 15, 2019. It was stressed that the voting age will be eighteen years and above and that the question asked will be a straightforward and simple vote for or against independence.
“All Bougainvilleans throughout PNG you have the right to vote for referendum,” Mr. Semoso said.
Hon Chief Dr. John Momis thanked the organizing executives and the Bougainville community for staging a very successful celebration. He said that this unity by Bougainvilleans in East New Britain showed their co-operation and support for each other and ABG.
The President, his wife, Lady Elizabeth and ABG Minister for Economic Services Hon Fidelis Semoso represented the ABG at the celebrations in East New Britain and departed, remarking how it was the first time in twelve years for the Bougainville community to come together to celebrate the day. It was also the first successful event staged and witnessed by the President and his delegates.
The celebrations included a showcase of the diverse cultures of the Autonomous Region of Bougainville ranging from bamboo bands to the famous kahur dance uniting all Bougainvilleans.
[ Back to News ]
Bougainville Copper Limited (BCL) is set to intensify its community engagement activities as part of a comprehensive, staged development plan for a new Panguna mining project.
BCL Chairman Rob Burns said a genuine commitment to stakeholder engagement underpinned the development plan and the company was putting in place the necessary resources and personnel to step up its on-the-ground activities in Bougainville over the coming months.
“We fully understand that building trust and widespread support among all relevant parties, as well as the people of Bougainville more broadly, is essential if the aim of renewing mining at Panguna is to be realised,” he said.
“By working collaboratively with all groups, we have every confidence that outstanding issues can be resolved and the necessary benchmarks can be met for the project to advance,” Mr Burns said.
BCL also notes recent comments by a third-party company, RTG, that it had been nominated by one of nine landowner associations as a development partner in a Panguna project.
Notwithstanding, Mr Burns said it was important to stress that BCL’s first right to develop the Panguna tenement was clear and unambiguous under the Bougainville Mining Act 2015. He also noted RTG’s pledge to “fully respect” this right.
“There can be no doubt that we are totally committed to exercising our right through the implementation of our development plan, which has the full backing of the Autonomous Bougainville Government (ABG) and broad endorsement among the landowner associations,” he said.
Mr Burns said it was unfortunate that there was some dispute over the leadership of one of the nine land owner associations and BCL was hopeful of a lasting resolution of the issue and would continue to work collaboratively with all landowners.
“We know there are people with different views, but equally we are encouraged by the levels of support we have received to date and will work hard to further build our relationships,” Mr Burns said.
The people of Bougainville have a significant stake in the BCL of today, with the ABG a major shareholder.
Media contact: Cameron Hill on +61 400 940 968
Gute Entwicklung, wenn man bedenkt, dass Investition auch immer auf Vertrauen beruht... welches sich erst wieder bilden muss!
Meine Einschätzung,
"Der Stein Stein kommt ins Rollen"... Gedult!
Telephone: (675) 309 2800 Facsimile: (675) 309 2898
Postal Address: P O Box 1274, Port Moresby, Papua New Guinea
Registered Office: Level 5, BSP Haus, Harbour City, Lot 2 on Allotment 34, Section 44, Granville, Port Moresby, NCD
Incorporated in Papua New Guinea A.R.B.N 007 497 869
Notice to ASX
7 July 2017
BCL TO INTENSIFY COMMUNITY ENGAGEMENT
Bougainville Copper Limited (BCL) is set to intensify its community engagement activities as part of acomprehensive,staged development plan for a new Panguna mining project.
BCL Chairman Rob Burns said a genuine commitment to stakeholder engagement underpinned thedevelopment plan and the company was putting in place the necessary resources andpersonnel to stepup its on-the-ground activities in Bougainville over the coming months.
“We fully understand that building trust and widespread support among all relevant parties, as well asthe people of Bougainville more broadly, is essential if the aim of renewing mining at Panguna is to berealised,” he said.
“By working collaboratively with all groups, we have every confidence that outstanding issues can beresolved and the necessary benchmarks can be met for the project to advance,” Mr Burns said.
BCL also notes recent comments by a thirdparty company, RTG, that it had been nominated by one ofnine landowner associations as a development partner in a Panguna project.
Notwithstanding, Mr Burns said it was important to stress that BCL’s first right to develop the Panguna tenement was clear and unambiguous under theBougainville Mining Act 2015.
He also noted RTG’spledge to “fully respect” this right.
“There can be no doubt that we are totally committed to exercising our right through the implementationof our development plan, which has the full backing of the Autonomous Bougainville Government (ABG)and broad endorsement among the landowner associations,” he said.
Mr Burns said it was unfortunate that there was some dispute over the leadership of one of the nine landowner associations and BCL was hopeful of a lasting resolution of the issue and would continue to workcollaboratively with all landowners.
“We know there are people with different views, but equally we are encouraged by the levels of supportwe have received to date and will work hard to further build our relationships,” Mr Burns said.
The people of Bougainville have a significant stake in the BCL of today, with the ABG a major shareholder
.
By Order of the Board
Mark Hitchcock
Company Secretary
A Bougainville landowner group wants to reach a compromise with the autonomous government over re-opening the Panguna mine.
The government in the Papua New Guinea region wants to bring back Bougainville Copper Ltd to run the mine, but the Special Mining Lease Osikaiyang Landowners Association, which owns the mine site, and therefore the minerals in the ground around it, has teamed up with another miner, RTG.
The re-opening is viewed by both parties as the best way for Bougainville to achieve fiscal self reliance ahead of a vote on independence from PNG in June 2019.
TRANSCRIPT
PHILIP MIRIORI: We are not selfish. We are the resource owners, SML. I represent 510 [owners] you know, and you also must know that we own the resources and of course we will talk for every Bougainvillean. We are not selfish, Don.
DON WISEMAN: You can say that you will look after other Bougainvilleans, but how? What are you going to do?
PM: They will have a say on whatever future we decide because the conflict that we went through, you know, that has changed the whole concept of just looking at the 510. ABG, you know, for the comment that Momis made - they are selfish. They have a conflict of interest. They are saying that they own BCL and they also want to give the minerals to themselves and BCL. And you know that is a massive conflict of interest. They are the regulators and they have to be neutral, you know.
DW: So there clearly need to be talks and I know that your group, you want to be able to sit down with the ABG and you are talking about some sort of mediation. So if you have mediation and you have compromise, what are you going to be prepared to compromise on?
PM: It's a concept that we are looking at to invite a mediator. And of course he has to be independent, impartial, he must not have any interest in Panguna mine, you know. And we need that mediator because we now see that ABG has a conflict of interest. This is something I believe is bad you know. ABG should be the government for the people.
DW: You can say they have a conflict of interest but you are talking about wanting to sit with them and compromise. It can't just be sitting down and everyone stating their own positions --everyone's got to be prepared to move otherwise it is a waste of time. So how will you move?
PM: OK We have this time frame, a very important timeframe for a referendum, 2019 - we need mediation because he will make sure we find a fair solution for SML [Special Mining Lease Osikaiyang Landowners Association], for ABG and for the rest of Bougainville. So you know there will be a win - win situation.
DW: Do you have a mediator in mind?
PM: No, no not yet. We haven't decided yet. This is something we have to work out with ABG and us.
The wrangling between both parties has intensified in recent weeks but the chair of the SMLOLA, Philip Miriori, says they want talks to iron out issues.
He spoke with Don Wiseman, who began by asking about recent comments by Bougainville President John Momis that Mr Miriori's landowner group is selfish and only thinking of itself.
Listen to the full interview
.....über einen Kompromiss kann doch nur verhandelt werden wenn wenn die unterschiedlichen Standpunkte formuliert ....... nicht unbedingt im offenen Raum aber immerhin.....und das gewünschte Ziel bekannt ist
...in der jetzigen Situation ist doch die Frage: was kann ein NEUER an Bord was der rechtlich abgesicherte ALTE nicht kann????
Es kann ja aktuell davon ausgegengen werden das die gebetsmühlenartig vorgebrachten Argumente der einen Seite (die wie sich jetzt herausstellt und hier schon seit Jahren angenommen reine Hinhaltungstaktik waren) keine Relevanz in Bezug auf die Weiterentwicklung der Zukunft haben.
Also bleibt die Frage .......was soll das ganze????
Ist es nicht besser ernsthaft mit demjenigen zu verhandeln der die besten Voraussetzungen für eine Zukunftslösung schaffen kann???
Käme RTG zum Zug (ohne die BCL Explorationsdaten) so würde das die Wiedereröffnung um Jahre verzögern. Im Hinblich auf das Referendum über die Unabhängigkeit wäre das ein Desaster.
....nehmen wir an das hier tatsächlich das taktisches Vorgehen Priorität war dann frage ich mich allerdings hatte die pro BCL Seite (bzw. die Führung in Persona LD) Kenntniss von diesen Vorgängen/Plänen? und warum konnte hier nicht schon längst in all den zurückliegenden Monaten klärend von Mann zu Mann gehandelt werden? oder eben mit moderation. Wie schon mal weiter oben geschrieben ....eine Hand voll leader jeder kennt jeden genau!.....und dann lässt die eine Seite die andere mal wieder voll ins Messer laufen? Diese Spielchen müssen der Vergangenheit angehören. Endlich.
Nur meine Meinung -
aber ich denke ich liege da nicht so ganz daneben und andere denken dito ;-)
Genauso ist es, wenn Du unfähig bist...
...das ist schon hochinteressant
Als langjähriger alter Kennner der Situation und Nutzer hier, wäre es schön wenn du etwas ``unkryptischer`` mal übersetzen würdest .............. #21291
damit dann alle verstehen was gemeint ist. Vielen Dank. ;-)
Kommt mit einer guten Nachricht mal wieder ein wenig Schwung ins Bid, stehen wir ratzfatz bei 60. Aber auch auf der anderen Seite würden wenige Stücke genügen, um uns unter 20 zu drücken. Krass!
Ja, schon klar, sobald der Kurs in Bewegung kommt, gibt es entweder im BID oder im ASK auch dann sehr schnell wieder Käufer bzw bei höheren Kursen auch wieder zusätzliche Verkäufer. Aber insgesamt über die letzten 10 Jahre und mehr betrachtet und insbesondere in Anbetracht der m.E. kurz bevorstehenden "mother of all decisions", ist das derzeitige Orderbuch hochexplosiv.....
Es bleibt spannend. ;-)))
12 July 2017
HAVING FAILED TO WIN A SOCIAL LICENSE, BCL NOW SAYS IT WILL INTENSIFY COMMUNITY ENGAGEMENT – TOO LITTLE, TOO LATE
Finally Bougainville Copper Limited (“BCL”) acknowledges it has again failed to win a Social License and now says it will “step up its on-the-ground activities in Bougainville” which should have been obvious much earlier, given the recent road block which stymied their efforts to have a support agreement signed and the petition that was signed by approximately 550 people living in and around the old minesite saying “No to BCL”. The petition was formally delivered to President Momis and the Autonomous Bougainville Government (“ABG”) in April this year. There is an ever growing community discontent about the way they are being treated and you do not get any understanding of that when you read BCL’s announcement.
Interestingly, they also suggest they have every confidence the outstanding issues can be resolved and yet they have never met with the owners of the minerals, the Special Mine Lease Osikaiyang Landowners Association (“SMLOLA”) in an effort to negotiate and engage in a discussion with regard to their desire to benefit from and more particularly, develop our minerals. In fact, in complete contrast, they had an exploration licence for 2 years, which expired back in September last year and they failed to negotiate a land access agreement.. We invited them to meet to negotiate a land access agreement, and yet they refused to engage, doing nothing productive, including no remedial environmental work, for the whole term of the exploration licence.
Mr Miriori, Chairman of the SMLOLA says “all we see is the same arrogant treatment as we saw in the past. They did nothing to remedy the horrific environmental and social damage left behind in Bougainville, for over 27 years, and they are now repeating the same heavy handed conduct. They called us “impediments” rather than respectfully acknowledging the important wishes of the landowners and the changes in Bougainville, we now own the minerals not the State or the Government. Why do they simply engage with the Autonomous Bougainville Government (“ABG”) (who now clearly have a massive conflict of interest – given they have a significant shareholding in BCL) and not us? The issue here is not one of a leadership dispute as they suggest, but of the owners of the minerals being opposed to the return of BCL.”
“We have shown a willingness to act reasonably, and introduced a developer with an impressive track record, when both BCL and the ABG have said BCL cannot develop Panguna and will have to find a development partner” said Mr Miriori.
To further illustrate the disrespect we feel, Mr Burns says it was unfortunate that there is some dispute over the leadership of the SMLOLA. This is not the central issue but the way
BCL are ignoring the wishes of the mineral owners. We would respectfully point out that I, Mr Philip Miriori, am the Court approved and officially elected Chairman of the SMLOLA and have been since December 2015. The issue is that, understandably, we do not support the return of BCL and accordingly BCL has been seeking to work with another member of the SMLOLA, to appoint him as the Chairman of the SMLOLA to push through their agenda, and that of the ABG. The Court has already issued a restraining order against that individual holding himself out as an authorised representative of the SMLOLA or conducting any negotiations or discussion with any party holding himself out as such.
Further, BCL in its public statements places significant reliance on the reference to the other landowner groups. This is misleading, as the SMLOLA is the only landowner association that owns the minerals and accordingly the only landowner association that can consent to access for the grant of an Exploration License - without our consent nothing will happen.
Mr Miriori said “we firmly believe all Bougainvilleans must benefit from the Panguna mine this time around but at this stage, given we own the minerals, our consent is the only critical hurdle and to date, they continue to ignore our wishes and treat us disrespectfully. The ABG has before them, two redevelopment proposals, one from BCL and one from the SMLOLA. Only one of those has the critical landowner support – ours. The ABG has no option in these circumstances but to respect the Show Cause Notice and cancel the BCL Exploration License as they will never be able to satisfy the conditions of the license without Landowners’ consent. We hope they will take on board our position and find a way to work with us constructively to resolve this.”
Again the Court has also confirmed this position stating that a recent Memorandum of Association (“MOA”) supporting the appointment of BCL as the developer of Panguna, which was proposed to be signed, again by a person illegally holding himself out as an authorised representative of the SMLOLA, could not be signed by any party until the members of the SMLOLA consented; ie the members of the SMLOLA is the critical consent required.
Mr Miriori said “I find it disrespectful of BCL to the Court that none of the orders of the Court have been referred to by BCL in their formal statement. .”
Finally, we noted the contention by BCL that they have “a first right to develop the Panguna tenement” which is “clear and unambiguous under the Bougainville Mining Act 2015”. One of the central themes underlying the new Mining Act was that landowners would now be in control of their own destiny given the horrors of the past. Our legal advice is that BCL’s position may be better described as simply a renewal application for the previous exploration licence (that was even then subject to a Show Cause Notice for an event that cannot be cured retrospectively). The fate of that application is not in the control of BCL but in the hands of the SMLOLA (whose support is critical) and the ABG, who must follow strict rules under the Mining Act 2015 to determine whether amongst other things, BCL is a fit and proper person to hold the exploration licence and determine if landowners are in support of the issue. Given the ABG has a proposal from BCL which does not have the critical landowner support and an alternative proposal (which is more generous to the landowners) that does have the landowner support, the choice is clear.
Mr Miriori says “we believe there are many valid and obvious concerns with the BCL renewal application, not least of which is the lack of landowner support. We do however, recognise the ABG has a personal interest in the outcome and therefore plead with the ABG to act carefully with our future, as the SMLOLA will not support a redevelopment of Panguna where BCL is in control and accordingly the mine will go nowhere for years should this happen.”
Mr Miriori says “he is disappointed in the treatment of the SMLOLA including trying to force through a MOA against the SMLOLA wishes with an illegal party. We appreciate the Court stepping in to protect our interests and giving the SMLOLA the final say. BCL speak of having to intensify community engagement – if only they had done that earlier. We do however remain committed to finding an equitable solution for all and encourage all parties to meet and find a solution to this very important issue for Bougainville.”
Philip Miriori Chairman - SMLOLA
Die ABG gewährte einige Lizenzanträge vor kurzem, aber verzögert auf jede Ankündigung in Bezug auf die Fläche der Joint Venture beantragt.
Die 2-Monats-Frist für eine Entscheidung über die Erteilung dieser Lizenz ist am 20. Juli.
Ob diese Überlegungen und Eigenintiativen der betreffenden "Grundstück-Eigentümer" so einfach funktionieren, werden in den nächsten Monaten oder Jahren noch interessante Vorgänge, auch von der politischen Seite, hervorbringen.