Trading Bougainville Copper (ADRs) 867948

Source: The National

THE national Government and the Autonomous Bougainville Government (ABG) have been urged to secure funding for Panguna mine’s reopening negotiations as a matter of urgency.

Shadrach Himata, Secretary for Mineral Policy and Geohazards Management Department, said this when giving an update of the transfer of mining, oil and gas powers from the national Government to ABG.

“There is an imminent demand by the people of Bougainville for mineral exploration on Bougainville,” he said.

“There is also a perception that there is no mining law on Bougainville and there is also a genuine call by Bougainvilleans for the Panguna mine to be opened.

“As a direct response to these matters, the ABG has developed a draft mining transition bill.

“The people of Bougainville are currently being consulted on the draft bill.”

In relation to Panguna, Himata suggested:


Panguna mine negotiation coordination committee should be fully operational;  

National Government and ABG should secure funding for the Panguna mine negotiations; and

Baseline studies should get underway immediately.

soll ja die UNEP die Umweltverschmutzung beseitigen http://www.radioaustralia.net.au/international/...-tinto-mine/1185729
Neutraler und öffentlicher als über die UN geht es gar nicht.
Schon die Überschrift der Meldung "...The United Nations Environment program is to help Papua New Guinea's island of Bougainville manage the environmental issues associated with the Rio Tinto-owned Panguna copper mine..." ist doch klar: "associated" heißt in Verbindung - und nicht mehr - also ohne Schuldzuweisung, da die tatsächliche Verschmutzung durch die - keine Steuern zahlenden - legalen, illegalen und teilweise auch kriminellen Schürfer verursacht wird.  

Beim nächsten JSB Meeting sollte es also (endlich) soweit sein.

Die Weichen sind gestellt, die Steine werden Stück für Stück aus dem Weg geräumt, der BIGBOCBANG rückt immer näher. ;-)))))

Auch charttechnisch top, noch ein kleiner Widerstand bei 0,65 AUD,(0,45€) dann ist der Weg bis 0,90 AUD frei.

Panguna mine needs funds for negotiations
by ramunickel
The National aka The Loggers Times

THE national Government and the Autonomous Bougainville Government (ABG) have been urged to secure funding for Panguna mines reopening negotiations as a matter of urgency.

Shadrach Himata, Secretary for Mineral Policy and Geohazards Management Department, said this when giving an update of the transfer of mining, oil and gas powers from the national Government to ABG.

"There is an imminent demand by the people of Bougainville for mineral exploration on Bougainville, he said.

"There is also a perception that there is no mining law on Bougainville and there is also a genuine call by Bougainvilleans for the Panguna mine to be opened.

"As a direct response to these matters, the ABG has developed a draft mining transition bill.

"The people of Bougainville are currently being consulted on the draft bill.

In relation to Panguna, Himata suggested:

Panguna mine negotiation coordination committee should be fully operational;
National Government and ABG should secure funding for the Panguna mine negotiations; and
Baseline studies should get underway immediately.  

...........in AU schon längst durchbrochen,in D wird gerade daran gekratzt ;-))))

...auf www.bougainville-copper.eu

Wurde der Termin für das nächste JSB Meeting bereits bekannt gegeben bzw. wann findet es voraussichtlich statt?
 

Zuerst muss das ABG seine Hausaufgaben machen u. den Mining Act verabschieden.

VOL. 31.5K

Käufe in Aus. sind verständlich, da sich wahrscheinlich die mit den Vorbereitungen zur Öffnung von Panguna beschäftigten Beamten positionieren.
Interessant war deshalb ja auch gestern die Meldung #17405 :
"...THE national Government and the Autonomous Bougainville Government (ABG) have been urged to secure funding for Panguna mines reopening negotiations as a matter of urgency..."

Geld für "Panguna mines reopening negotiations" braucht wohl nicht der Präsident, wenn er mit RT spricht, sondern die Fachleute, Anwälte... Man scheint also tatsächlich schon in der konkreten Phase zu sein.  

http://bougainville.typepad.com/newdawn/2013/09/...will-start-at.html

Wird die Mining Policy am Dienstag verabschiedet, so steht dem letzten Pangunaforum mit anschliessendem JSB Meeting Nichts mehr im Wege.

By Aloysius Laukai
The September session of the ABG House of Representatives will start at TEN AM on Tuesday September 10th,2013.
This was announced by the ABG Parliament Speaker, ANDREW MIRIKI in his notice to the members of ABG House and Ministers and Officers of the Bougainville Administration.
People have been waiting for this session of the house following several reports in the past that this house will pass policies on the Bougainville Investment Issue, the Mining Policy and several other policies in which the ABG has been working on.
New Dawn FM will as usual carry live the proceedings of the house

sind aber auch oft ein Witz. Versucht man welche zu kaufen, kommt oft  Handel abgelehnt.

 

.....in FRA?

im "dunklen" Handel (Dark Pool Handel).
Es werden da auch Geld - Brief Spannen geboten. Vorhin Brief 0,426. Aber Käufe - kleine - wurden abgelehnt, obwohl die Stückzahl stimmte.  

.......ist die grösste Herausforderung auf der Insel.Aufforderungen dazu gibt es von allen Seiten.

Während Momis noch auf Konfrontationskurs zu den Boug. Regional Members im PNG Parlament geht......

"Lastly, President Momis wished to request that the Prime Minister not be misled by certain members representing Bougainville in the National Parliament. Their intentions are not always honourable or in the best interest of Bougainville and it are sad that they would seek to undermine Bougainville for their own selfish reasons."

.......versucht Lawrence die längst geplante Reconciliation zwischen Guava village (Lo`s) u. Momis endlich unter Dach u. Fach zu bringen.

"LD: They’ve invited us to China to go and have a look at this technology we wanted to see. But before that I want our minister and president and us, we are working on a reconciliation for the minister and us together so that we can move forward on our plans. Without having this reconciliation, without the president, we cannot at this stage think about going to visit China through the MOU."

http://www.ariva.de/forum/..._result=postings&go=1&tnr=304728

......sollte es dir doch nicht ankommen.

Wenn die Einigung "We Reopen Panguna" steht kann man über Kurse unter 1 nur noch lachen.

...  100k zu 0,40 ???
Absicht oder ???

@ Alpha
da hast doch genug Angebot gehabt ... oder ???
 

da will einer was geben...  

als wenn ich heute nochmal was nachlegen werde.....
die 225k zu 75 audcent sind mir dann doch zu teuer.  

in Fra.am 09.08.-13.08 von 0,275 auf 0,28 bereitet mir doch ein wenig kopfschmerz was meint ihr dazu.
wird es noch geschlossen?  

wird zum Dienstag das lang erwartete
Minengesetz beschlossen?

&

welche Schritte sind als nächstes (bis
zum Jahreswechsel) geplant/zu erwarten?  

http://www.postcourier.com.pg/20130909/mohome.htm

By ROMULUS MASIU

ANY mining company wanting to re-open and operate the Panguna Mine will have to honour customary obligations first by settling the 20,000 lives lost and blood shed on the island during the Bougainville Crisis.
This was the stand taken by former combatants during the 4th Regional Veterans Association Forum at Kangu Beach, Buin District in South Bougainville.
All speakers who spoke on the re-opening of the Panguna Mine agenda echoed the same sentiments, most calling for the re-opening of the mine as a priority. However, before the mine is re-opened settlement for the lives lost and blood shed must be customarily sorted out.
Former combatant from Wakunai Glynn Tovirika told the forum that the re-opening of the Panguna Mine is a must as the Autonomous Bougainville Government does not have the funding capacity at the moment to carry out its obligations to provide much-needed services to its population. However, before any mining company including Bougainville Copper Limited (BCL) come in to operate, the customary obligation must be met.
“All the blood shed and lives lost during the conflict must be compensated…must be settled in our Bougainville custom. We have custom and such people who want to come and re-open the Panguna Mine must settle this outstanding issue,” Mr Tovirika told hundreds of veterans gathered in Buin last week.
Mr Tovirika said Panguna Mine was central to the Bougainville Crisis thus the cultural value of this place must be upheld.
“I don’t care who comes in to re-open the Panguna Mine, whether BCL or whoever, the story is the same…you have a customary obligation to abide by….and that is to pay for the blood and lives lost before you start digging our mine pit,” Mr Tovirika stated.
Peter Naguo, another outspoken ex-combatant from Buin told the forum that Panguna Mine and our island is cursed by those thousands of lives lost during the fight. "Before the mine is re-opened we have a mammoth task on hand," he said.
"That is to gather all the remains of those who died and put them at their right places. If we don’t do that and open the mine, things will definitely go wrong again because the lives lost are still crying out for a proper burial."
Mr Naguo added that all the reconciliations must be completed before the mine is opened.
All those present shared the same sentiment that outstanding issues on the mining including lives lost, environmental damage and other customary obligations must be adhered to before the opening of the mine becomes a reality.
At the back of their minds, the veterans, like the government and people of Bougainville really want the mine to be operational because the region does not have any strong base of revenue with only funding from the National Government and donors.
 

http://ramumine.wordpress.com/2013/09/09/...ening-a-priority-for-abg/

Malum Nalu | The National aka The Loggers Times

THE reopening of the Panguna mine is one of the top priorities of the Autonomous Bougainville Government, Panguna joint negotiations coordination chairman Raymond Masono says.

He also said the ABG was having discussions with the Bougainville Copper Ltd (BCL) about reopening the mine.

He told the recent “Sustainability of Bougainville” seminar that there was no “higher impact” project on Bougainville than reopening the Panguna mine.

“The ABG has prioritised the reopening of Panguna because of its potential to contribute to Bougainville’s social and economic development,” he said.

“However, it also has the potential to contribute to renewed conflict if negotiations are not handled carefully.

“The ABG wants to make sure that this time around, affected and impacted landowners play a key role in decision-making about the mine, and all Bougainvilleans know what is going on and have an opportunity to express their views and concerns.”

Regarding BCL, Masono said traditional ‘belkol’ (appeasement) ceremonies would first have to be held for landowners by the company.

“During the meetings with BCL, landowner representatives raised a number of issues with BCL, one of which was the need to conduct a ‘belkol’ ceremony according to the traditional customs of the Nasioi people,” he said.

“This would be the first step in reestablishing relationships with the people of Bougainville.

“The ABG and landowners have planned to perform a ‘belkol’ ceremony with BCL in the form of three feasts in Arawa, Buin and Buka.

“I’d like to express here that ‘belkol’ is different from compensation,” he said.

Momis rejects projects
Source:
The National, Monday September 9th, 2013

By MALUM NALU
THE president of the Autonomous Bougainville Government, John Momis, has rejected various projects being tendered by the Central Supply and Tenders Board (CSTB) on behalf of the national Works Department (DoW).
Prime Minister Peter O’Neill said last week he had directed that costings be carried out immediately for the impact projects to get underway, including the upgrading of Aropa Airport, and upgrading of Arawa Town roads, of the Arawa-Buin Road, of Buka Ring Road and the Kieta Sea Port.
“This is a good example of the conflict that we are experiencing with the DoW,” Momis said.
“It is important that we should avoid confusion and duplication.
“There appears to be an urgent need to establish a framework for consultation between the ABG and national government agencies for the development of infrastructure in the region.
“In this context, the ABG has requested that the DoW tenders be withdrawn while the parties consult.
“A letter has been sent to the acting chief administrator of the Works Department.
“The ABG has little confidence in the integrity and efficiency of the national Works Department as they have been known to squander funds earmarked for projects in Bougainville.
“One such example is the award of a K20 million contract for the Kokopau-Siara Road which was contracted last year to a firm which has not yet turned one shovel of earth to commence this project.”
“This is shameful and requires a full explanation by the national government.”