Trading Bougainville Copper (ADRs) 867948
http://www.buysellsignals.net/bcllandowners/Newsletter.do
http://hotcopper.com.au/announcements.asp?id=461180
Media release
Registered in Australia Rio Tinto Limited 120 Collins Street Melbourne 3000 Australia ABN 96 004 458 404
Rio Tinto Finance (USA) plc prices US$3.0 billion of fixed rate bonds
17 August 2012
Rio Tinto has priced US$3.0 billion of fixed rate bonds with a weighted average coupon of 2.67% and a weighted average maturity of 12.9 years.
The offering comprises US$1.25 billion of 5-year, US$1.0 billion of 10-year and US$750 million of 30-year SEC-registered debt securities. The bonds will be issued by Rio Tinto Finance (USA) plc and will be fully and unconditionally guaranteed by Rio Tinto plc and Rio Tinto Limited.
The 5-year notes pay a coupon of 1.625% and will mature on 21 August 2017.
The 10-year notes pay a coupon of 2.875% and will mature on 21 August 2022.
The 30-year notes pay a coupon of 4.125% and will mature on 21 August 2042.
HSBC Securities (USA) Inc., Morgan Stanley & Co. LLC, RBS Securities Inc., BNP Paribas Securities Corp., RBC Capital Markets, LLC, SG Americas Securities, LLC and Standard Chartered Bank acted as Joint Bookrunners.
A copy of the prospectus relating to the offering of the fixed rate bonds can be obta
Friday August 17, 2012, 4:00am PDT
By Shihoko Goto - Exclusive to Copper Investing News
http://copperinvestingnews.com/12086/...CAMPAIGN&utm_medium=email
Haben da vielleicht einige bemerkt, daß sie auf das falsche Pferd gesetzt haben ?........
wie dem auch sei, jedenfalls scheint das günstige shoppen in D nach Nekros Theorie z. Zt. nicht zu funktionieren.
For long-time expat Australian Lindsay Semple, who has been kicking around Bougainville for a few years now, it was the deal of a lifetime.
Semple had allegedly paid 20 million kina ($9 million) to the Autonomous Bougainville President, Joseph Kabui, to win exploration access to 70 per cent of Bougainville, but Kabui's death in 2008 derailed this.
Recently, Semple claims he cut another deal with the Autonomous Bougainville government, which he has backed into a Canadian-listed minnow, Morumbi Resources, where he has been appointed the executive. But the Bougainville government says otherwise.
Welcome to the world of doing business in Papua New Guinea, where fact and fiction can sometimes seem to merge.
Advertisement
Notwithstanding Semple's manoeuvring on Bougainville, Bougainville Copper has been making solid, if quiet, progress to resurrect its long-idled Panguna copper mine, while across the country work is moving ahead on the Mount Kare gold deposit.
Ring a bell? It was found by CRA, a Rio Tinto forerunner, in the late 1980s when the then exploration manager discovered a gold nugget while digging the toilet for an exploration camp in the highlands. That find triggered a gold rush by the local villagers in early 1988, which ultimately forced CRA to abandon the area as the locals ran riot.
Exploration work has proceeded in fits and starts since and, while there is little doubt about the economics of the gold deposit, the key is winning - and sustaining - the support of warring local villagers for a mine.
There is an unusual symbiosis between Mount Kare and the Bougainville copper mine, since it was also in 1988 that Bougainville Copper, which is also controlled by Rio, suffered the first of a series of explosions that led to the closure of what was then one of the largest copper mines in the world. Those explosions, of the power pylons leading to the mine, were the start of the insurrection that led to the mine closure by mid-1989.
For Stephen Promnitz, formerly with Kingsgate Consolidated and who now runs Indochine Mining, which is trying to develop the Mount Kare deposit, PNG presents few new challenges since he cut his teeth as a geologist at Mount Kare. ''With the newly elected government, PNG is in a de-risking phase,'' Promnitz said of the political risk in the country, after the recent changes in Port Moresby.
Indochine is finalising its pre-feasibility study for a prospective $120 to $150 million mine project and has hired a Melanesian Fijian, George Niumataiwalu, to help win over local landowners. He is credited with taking the Hidden Valley resource to a completed project for its owners, Harmony and Newcrest Mining.
At Mount Kare, a 1.8 million ounce resource grading an average 1.9 grams of gold a tonne, including a 700,000 high grade zone at 3.7 grams a tonne, developing a modest-sized mine producing 100,000 to 150,000 ounces a year over an initial seven- to eight-year mine life would appear straightforward. With any luck, it will be the first step in a larger operation.
As Niumataiwalu has put it when talking to the Mount Kare landowners of the present gold resource: ''We don't know if we have the ear, the leg or the hindquarters, but we are looking for a big pig.''
Niumataiwalu is keen to pursue the ''Melanesian way'' with any development of the Mount Kare resource - working with local villagers to ensure they are supportive as the mine plans proceed - to try and avoid any last minute surprises that could derail the project and stall it for another 25 years.
The Melanesian way is also getting a workout with Semple for his plans on Bougainville where, for Rio Tinto, a resumption of mining may not be simple, since opposition remains deeply entrenched in some quarters.
Last month, senior managers at Bougainville Copper met landowner groups with a stake in the Panguna mine area for a further round of meetings, and they remain optimistic of winning and maintaining broad support for a resumption of operations.
At the same time, the Bougainville government is trying to corral all the landowner groups to sit at the table to cut a deal with Bougainville Copper, although it is far from clear what the position of Rio, with its dominant 70 per cent stake in the copper company, will be to any proposal to resume mining.
Work to redefine the size of the ore body as a precursor to any mine development work is under way, and last month the head of Rio's copper division, Jean-Sebastien Jacques, joined the Bougainville Copper board. But with an estimated $3 billion price tag, any progress in resuming mining will be slow and will need more than just the backing of the central government to get off the ground.
Bougainville Copper is saying nothing publicly at present as it waits for landowner groups to reach some unity with the Bougainville and central governments on a resumption of mining - a process that could happen quickly, or could be several months away, at best.
But the political risk to any large project on Bougainville cannot be underestimated since the Autonomous Bougainville Government still plans to hold a referendum on secession by 2020 which, if it were to proceed, would scuttle any prospects for a resumption of mining any time this decade, and beyond.
Read more: http://www.theage.com.au/business/...0120817-24dry.html#ixzz23scmNgaq
http://www.businessday.com.au/business/...ian-way-20120817-24dry.html
Date. August 18, 2012
Brian Robins
Exploiting PNG's mineral wealth takes long negotiation and the full co-operation of the local landowners, writes Brian Robins.
For long-time expat Australian Lindsay Semple, who has been kicking around Bougainville for a few years now, it was the deal of a lifetime.
Semple had allegedly paid 20 million kina ($9 million) to the Autonomous Bougainville President, Joseph Kabui, to win exploration access to 70 per cent of Bougainville, but Kabui's death in 2008 derailed this.
Recently, Semple claims he cut another deal with the Autonomous Bougainville government, which he has backed into a Canadian-listed minnow, Morumbi Resources, where he has been appointed the executive. But the Bougainville government says otherwise.
Welcome to the world of doing business in Papua New Guinea, where fact and fiction can sometimes seem to merge.
Advertisement
Notwithstanding Semple's manoeuvring on Bougainville, Bougainville Copper has been making solid, if quiet, progress to resurrect its long-idled Panguna copper mine, while across the country work is moving ahead on the Mount Kare gold deposit.
Ring a bell? It was found by CRA, a Rio Tinto forerunner, in the late 1980s when the then exploration manager discovered a gold nugget while digging the toilet for an exploration camp in the highlands. That find triggered a gold rush by the local villagers in early 1988, which ultimately forced CRA to abandon the area as the locals ran riot.
Exploration work has proceeded in fits and starts since and, while there is little doubt about the economics of the gold deposit, the key is winning - and sustaining - the support of warring local villagers for a mine.
There is an unusual symbiosis between Mount Kare and the Bougainville copper mine, since it was also in 1988 that Bougainville Copper, which is also controlled by Rio, suffered the first of a series of explosions that led to the closure of what was then one of the largest copper mines in the world. Those explosions, of the power pylons leading to the mine, were the start of the insurrection that led to the mine closure by mid-1989.
For Stephen Promnitz, formerly with Kingsgate Consolidated and who now runs Indochine Mining, which is trying to develop the Mount Kare deposit, PNG presents few new challenges since he cut his teeth as a geologist at Mount Kare. ''With the newly elected government, PNG is in a de-risking phase,'' Promnitz said of the political risk in the country, after the recent changes in Port Moresby.
Indochine is finalising its pre-feasibility study for a prospective $120 to $150 million mine project and has hired a Melanesian Fijian, George Niumataiwalu, to help win over local landowners. He is credited with taking the Hidden Valley resource to a completed project for its owners, Harmony and Newcrest Mining.
At Mount Kare, a 1.8 million ounce resource grading an average 1.9 grams of gold a tonne, including a 700,000 high grade zone at 3.7 grams a tonne, developing a modest-sized mine producing 100,000 to 150,000 ounces a year over an initial seven- to eight-year mine life would appear straightforward. With any luck, it will be the first step in a larger operation.
As Niumataiwalu has put it when talking to the Mount Kare landowners of the present gold resource: ''We don't know if we have the ear, the leg or the hindquarters, but we are looking for a big pig.''
Niumataiwalu is keen to pursue the ''Melanesian way'' with any development of the Mount Kare resource - working with local villagers to ensure they are supportive as the mine plans proceed - to try and avoid any last minute surprises that could derail the project and stall it for another 25 years.
The Melanesian way is also getting a workout with Semple for his plans on Bougainville where, for Rio Tinto, a resumption of mining may not be simple, since opposition remains deeply entrenched in some quarters.
Last month, senior managers at Bougainville Copper met landowner groups with a stake in the Panguna mine area for a further round of meetings, and they remain optimistic of winning and maintaining broad support for a resumption of operations.
At the same time, the Bougainville government is trying to corral all the landowner groups to sit at the table to cut a deal with Bougainville Copper, although it is far from clear what the position of Rio, with its dominant 70 per cent stake in the copper company, will be to any proposal to resume mining.
Work to redefine the size of the ore body as a precursor to any mine development work is under way, and last month the head of Rio's copper division, Jean-Sebastien Jacques, joined the Bougainville Copper board. But with an estimated $3 billion price tag, any progress in resuming mining will be slow and will need more than just the backing of the central government to get off the ground.
Bougainville Copper is saying nothing publicly at present as it waits for landowner groups to reach some unity with the Bougainville and central governments on a resumption of mining - a process that could happen quickly, or could be several months away, at best.
But the political risk to any large project on Bougainville cannot be underestimated since the Autonomous Bougainville Government still plans to hold a referendum on secession by 2020 which, if it were to proceed, would scuttle any prospects for a resumption of mining any time this decade, and beyond.
http://hotcopper.com.au/...p?fid=1&tid=1805197&msgid=10533328
http://hotcopper.com.au/...p?fid=1&tid=1810435&msgid=10533319
Grundbesitzer Gruppen des Panguna Minengebietes für eine weitere Runde
von Sitzungen, und sie sind optimistisch eine breite Unterstützung für
eine Wiederaufnahme des Betriebs zu gewinnen.
Zur gleichen Zeit versucht die Bougainviller Regierung, alle
Grundbesitzer Gruppen um einen Tisch zu bekommen , um einen Deal mit
Bougainville Copper auszuhandeln, obwohl es alles andere als klar ist,
wie die Position von Rio, mit seinem dominanten 54 Prozent Anteile an
dem Kupferunternehmen sein wird zum Vorschlag den Bergbau wieder
aufzunehmen.
Arbeiten, um die Größe der Erzkörper als Vorstufe zu einer
Minenentwicklung neu zu definieren sind im Gange, und im letzten Monat
trat der Leiter der Rio Kupfer Division, Jean-Sebastien Jacques, dem
Bougainville Copper Bord bei. Aber mit einem geschätzten $ 3000000000
Invest, wird jeder Fortschritt bei der Wiederaufnahme des Bergbaus
langsam sein und wird mehr als nur die Unterstützung der
Zentralregierung benötigen.
Bougainville Copper sagt derzeit nichts öffentlich da sie auf
die Einheit der Grundbesitzer Gruppen mit der Bougainviller und der
zentralen PNG Regierung über eine Wiederaufnahme des Bergbaus wartet -
ein Prozess, der sehr schnell passieren oder mehrere Monate weg sein
könnte.
Bougainville Copper sagt derzeit nichts öffentlich da sie auf
die Einheit der Grundbesitzer Gruppen mit der Bougainviller und der
zentralen PNG Regierung über eine Wiederaufnahme des Bergbaus wartet -
ein Prozess, der sehr schnell passieren oder mehrere Monate weg sein
könnte
liegt die ganze Wahrheit.
BCL macht kleine leise Schritte in die richtige Richtung aber man wartet auf die Einheit der Grundbesitzer. Vorher bleibt BCL in der Deckung, aber sollten die Rahmenbedingungen erfüllt sein, dann ist man bereits in den Startlöchern und wird das auch mit Posaunen und Trompeten verkünden. ;-)
http://www.missio.com/medien/...27c747a359c/papua-neuguinea_12-05.pdf
http://goldseiten.de/artikel/...Gold---Martin-Armstrong-.html?seite=1
Der wichtigste Satz in dem Artikel (Seite 3)
"Geld in Aktien zu stecken, ist auch eine Möglichkeit, wenn man sich diese aushändigen lässt."
Hüten Sie sich vor der Geldillusion!
http://goldseiten.de/artikel/...en-Sie-sich-vor-der-Geldillusion.html
http://www.bougainville-copper.eu/news-august-2012-2.html
@bockaufboc , für eine abschließende Analyse ist es doch wohl noch etwas zu früh, die letzten Tage der Abstinenz haben ja gerade erst angefangen ;D))))))))
heute wieder 104k in BID verkauft
Ich unterstelle hierbei dem Verfasser Objektivität und Uneigennutz.
Neben den vielen komplizierten Modelllen die mal auf der Tagesordnung stehen und dann mal wieder nicht schlage ich den Entscheidungsträgern (politisch ,money power und allen die gehört und akzeptiert werden) in einem ersten Schritt ein bei uns seit längerem probates Mittel , die Bevölkerung mit einzubinden, vor.
Nur mal so als Bspl. :
Wenn jeder Einwohner von Bougainville als einer der ersten Schritte in dem Gesamtkonzept sagen wir 50 Stk. shares von BOC erhalten würde dann wären es bei ca. 175160 Einw. x 50Stk. = ca. 8,75 mio Stk. = 700000 $ Aus. zum aktuellen Kurs.
Nach dem re- opening bei Betrieb der Mine und einem Kurswert von ca. 50 $ Aus
würden daraus 2500 $ Aus / Einwohner (Männer Frauen Kinder). Verglichen mit der jetzigen Einkommenssituation einer Familie die sich wie wir mitbekommen haben nur jeweils kurz vor Wahlen verbessert, doch gar nicht schlecht, als erster Schritt zu Wohlstand und Verbesserung der Lebensqualität.
Ich denke bei dieser Vorgehensweise wären die Verträge über eine Wiedereröffnung schon nächste Woche mit großem Einverständniss der Mehrheit unterschrieben. ;D))))))
Aber vielleicht existieren ja solche Überlegungen.Hoffentlich. ;D)))))
Das Problem sind die Vorurteile im Kopf...
- böser Minenkonzern
- arme ausgebeutete Ureinwohner
- geldgierigige Aktionäre (besonders die aus Europa)
- böse Zentralregierung
- böser Minenkonzern lässt arme Eingeborene von Sölnern abschlachten
- böser Minenkonzern zerstört die Natur
Was mir im Bericht fehlt...
- Wer hat mit der Gewalt angefangen
- Wer hat das Eigentum der Aktionäre zerstört
- Durch Rebellen zerstörte Mineninfrastruktur in Milliardenhöhe
- Umweltverschmutzung durch fehlende Minenwartung
- Umweltverschmutzung durch Quecksilber (Primitivmining)
- Was hat BOC für die Insel getan (Infrastruktur, Zivilisation, Krankenhaus, Schulen,...)
- Müssten die Mekamui bzw. BRA nicht auch eine Wiedergutmachung leisten
Ich sags mal so: Wenn BOC 5 Schweine für die Versöhnungsfeierlichkeiten spendiert, sollten die Mekamui bzw. BRA auch mindest 2 Stück spendieren
Wozu dann die ganze Energieverschwendung beim benutzen der ich sags noch mal Intelligenz ????????????
Ich bin soweit Realist um zu wissen, dass es besser ist dies auch nicht zu fordern.
Ich bin soweit Realist um zu wissen, dass die Wiedereröffnung der Mine schneller geht wenn BOC im Büserhemd nach Canossa geht und kein Wort von irgendeiner Eigentumszerstörung durch die Mekamui erwähnt.
Wenn allerdings meine Kirchesteuer für einseitige (politische) Berichterstattung verwendet wird, stimmt mich das nachdenklich. Wenn diese Berichterstattung dann mit Gutmenschenvorurteilen erfolgt, muss ich das noch lange nicht gut finden.
Meiner Meinung nach fehlen im Artikel wichtige Bestandteile. Das heist aber noch lange nicht, dass ich der Meinung bin BOC sollte fordernd in irgendwelche Verhandlungen gehen.
Pragmatisch gesehen sollte BOC 7 statt 5 oder besser 10 Schweine für die Versöhnungsfeier spendieren. Alles andere verzögert den Zeitablauf und ist nicht zielführend.