Trading Bougainville Copper (ADRs) 867948

A NATION WITHIN YOU.
Submitted by clive on Thu, 2009-02-19 00:51.

After the death of late president Joseph Kabui,the president seat in the Autonomous Bougainville Government was left vacant for couple of months.A election was held and a new president was elected,he is James Tanis a very young leader with vision for the future of Bougainville.

In his speech at the swearing in ceremony in Arawa,he told the crowd that " today belongs to you,today is Bougainville's day."I know what you know,I desire what you desire.I need what you need.I lack what you lack,because of that I share the wishes and aspiration for Bougainville and for our future and our children's future".

He told the hundreds of people who gathered in Arawa and Nagovis that he sees the Nation within their hearts.A new Island Nation which they been longing for.He further stated that the referendum must be held for the Island's political future.Weapons still in the hands of fellow Bougainvilleans will be look at and dispose them later.

In regard to the hottest issue on mining,he mentioned he will not force mining on people.People will have the say.Bougainville have many cash crops to earn money apart from mining which is very destructive and one of the root cause of the Bougainville conflict.

Meanwhile,in an interviewed with the head of the Meekamui Government General Chris Uma.He told us that they honour the peace and respect the new President.About mining he says that the Chamber of Clans has the answer to mining which is no.The Chamber of Clans makes up of the 6 clans chief from all over Bougainville.

In the ceremony on the 7th of January at Marai in Nagovis,the minister for education Michael Otoroa told the crowd there that the new President James Tanis stands for independent Bougainville and those fractions who are still holding on to the weapons fighting for full Independent must support the new President James Tanis.  

http://www.thenational.com.pg/033009/nation40.php

PANGUNA landowners want to talk with Bougainville Copper Limited (BCL), developers of the now-defunct Bougainville copper mine, face to face.
This was the message they gave to the chairman of the Parliamentary Committee on Ombudsman Commission and Member for Esa’ala, Moses Maladina, last Thursday.
In a meeting with Mr Maladina at the Panguna district office, interim chairman of the Panguna Landowners Association Michael Pariu called for a quick forum with BCL to air their grievances that have been outstanding for so long.
Landowners wanted to meet BCL as they were willing to discuss their differences and allow BCL to resume operations.
The Panguna landowners used Mr Maladina’s visit to air their grievances on a number of issues that had remained outstanding over the last 20 years.

http://www.thenational.com.pg/033009/nation31.php

By ALOYSIUS LAUKAI
THE chairman of the Parliamentary Committee on Ombudsman Commission, Moses Maladina, became the first non-Bougainvillean MP to visit the now-closed Panguna copper mine last Thursday.
Mr Maladina’s visit to Bougainville was to explain the work of the Ombudsman Commission and the need for Bougainville to establish its own ombudsman in the Autonomous region to instil confidence from neighbouring countries and donors that would like to work with Bougainville in future.
Mr Maladina, who is also Esa’ala MP in the National Parliament, told several meetings that Bougainville must start establishing governance organisations like the ombudsman commission, auditor-general and other mechanisms in preparation for the referendum in six-and-a-half years’ time.
His week-long visit started on March 21 and ended on Saturday, with awareness visits to members of the Autonomous Bougainville Government in Buka and other Bougainville administration officials before moving to Arawa where he visited the regional commissioner for the central region, James Koibo, and the central district executive manager, Lucy Travertz.
In Panguna, he visited the Panguna district administration and the Me’ekamui government of unity.
Judging by the response to Mr Maladina’s visit, nearly all the people of Bougainville support the establishment of an ombudsman commission for Bougainville.
Most of the leaders in Buka, Arawa and Panguna wanted the ombudsman office set up quickly, saying there were outstanding issues that such a commission could immediately address on Bougainville, which included leadership and human rights issues.
They also produced documents to support their allegations of misconduct by leaders.

.........dass ein 0,805 BID in AU nicht ausgeführt wurde,trotz identischem ASK??????????

http://bougainville.typepad.com/newdawn/2009/03/...ne-to-re-open.html

Die Landeigner möchten eine direkte Unterredung mit Bougainville Copper um die Differenzen zu diskutieren und wollen BCL erlauben die Mine wiederzueröffnen ;-))))))))))))))

By Aloysius Laukai

Panguna landowners want to talk face to face with representatives of Bougainville Copper Limited.

This was the message they gave to the chairman of the Parliamentary Committee on Ombudsman, Moses Maladina, last Thursday.

In a meeting with Mr Maladina at the Panguna district office, the interim chairman of the Panguna Landowners, Michael Pariu, called for a quick forum with BCL to air long-standing grievances.

Landowners want to meet BCL and are now willing to discuss their differences and allow BCL to resume operations.

The Panguna landowners used Mr Maladina’s visit to air their grievances on a number of outstanding issues that they have been living with in the last twenty years.

Michael Pariu and Wendelinus Bitanuma took Mr Maladina for a tour of the mine site and the tailing area to see for himself the damage and the problems and risks the people of Panguna continue to live with.

According to the Bougainville Constitution any opening of the mine or any other mine on Bougainville must be decided by a referendum in which the people of Bougainville must vote to support.


Photo: MP Moses Maladina near the Pangna mine last week [Aloysius Laukai]

....... Cardno is also involved in building strong partnerships with private sector companies in the oil and gas, construction and mining arenas.

http://www.thenational.com.pg/040109/nation2.php

SUSTAINABLE infrastructure contractor Cardno has won a A$150 million (K300 million) contract under the Papua New Guinea-Australia Law and Justice Partnership, the Queensland Business Review reported from Brisbane yesterday.
The five-year programme is being funded by AusAID.
The new project will see Brisbane-based Cardno deploy a group of 20 to 30 professionals to Port Moresby mid-year, to strengthen the law and justice system in the country.
The team will try to achieve greater efficiency in government services, private sector development, protection of human rights and improved democratic systems.
Professional advice and proactive support will be provided to the PNG Government in an
attempt to tackle the targeted areas.
Cardno has also extended its contract for the AusAID-funded basic education programme in Indonesia until June 2010.
The extension increases the total contract value under management on this project to A$171 million.
Cardno managing director Andrew Buckley said the project further added to the company’s strong position in the international development assistance market.
“Whilst some private sector markets are slowing due to economic contraction, Cardno’s development assistance businesses are well placed to grow,” Mr Buckley said.
In order to stay relatively unaffected by the recession, Cardno is also involved in building strong partnerships with private sector companies in the oil and gas, construction and mining arenas.
“Resource companies increasingly want to make sure that the funds they spend on local communities in developing countries are well spent. Cardno has the skills to help them achieve this,” he said.
Mr Buckley said there were also possible opportunities for Cardno in the public sector, such as transportation and major infrastructure projects.
– PNS

The National, 01.04.2009

Wer wohl das grösste Interesse an Direktflügen zwischen AU u. Bougainville hat? Darüber hinaus sollen auch Innerländlische Flüge angeboten werden.Dafür kommt wohl in erster Linie Aropa,der am nächsten zu Arawa u. Panguna gelegene Flughafen in Frage ;-))))))))))))


AN international airline company based in Australia, last week sent its chief executive officer to see if their planes could land and operate in and out of Buka in the Autonomous Region of Bougainville.
The airline known as Our Airline, formerly known as Air Nauru now based in Australia, currently flies from Australia to all the South Pacific countries including the Solomon Islands.
According to the chief executive officer Geof Bowmaker, their B737 aircraft can get direct flights into Buka from Honiara or Cairns and on to Rabaul, and Port Moresby.
Mr Bowmaker told New Dawn FM that they could start with three flights a week to Buka and later they could provide lighter aircrafts to mainland Bougainville.

http://bougainville.typepad.com/newdawn/

.......they wanted the national government to send in mining engineers.....

Jetzt ist Tanis gefragt die Entwaffnung durchzuziehen,erst danach sollte RT u. BCL bereit sein die Pangunamine zu besichtigen ;-))))))))))))))


By Aloysius Laukai

People living in the Jaba area are concerned at the dam build up at the now closed Panguna copper mine.

Landowners spokesman, Wendelinus Bitanuma told The National that people living down the Pirurari and Kavaronau rivers are very concerned that the build up may burst at any time and wipe out the population of the valley.

Mr Bitanuma and Panguna landowners chairman, Michael Pariu, told the chairman of the Parliamentary Committee on Ombudsman, Moses Maladina, that their people were very concerned and wanted the national government to send in mining engineers to assess the situation before it is too late.

The Panguna landowners told Mr Maladina that they have been trying to seek assistance from Bougainville leaders but his trip to Panguna was a blessing in disguise for them.

They asked the Panguna administration to arrange for a meeting in Port Moresby with Bougainville Copper Ltd and Prime Minister Somare so they can air their grievances as a matter of urgency.

AU Käufer können sich über einen zusätzlichen 5% Währungsgewinn freuen

AU Kurs 0,805 AUD 0,4217 €

Auf Aktien in Fra gibt es somit  5% Rabatt, auf ADR's über 15%

...  gestiegen.

Chinas Kupfereinfuhr hat nach Ansicht von Analysten und Händlern wahrscheinlich im März weiter stark zugenommen, bedingt durch anhaltende Arbitrageimporte und Stockpilekäufe des Staates. Im Februar hatten sich die Einfuhren von Raffinadekupfer zum Vormonat nahezu verdoppelt, sie stiegen um 99% auf 270.948 t. Im März sei die ausgeweitete Schanghaier Prämie zur Londoner Metallbörse der Hauptgrund für den starken Importzuwachs gewesen, äußerte Analyst Wang Zhouyi von CIFCO Futures Co. Diese Prämie betrug im März im Durchschnitt 8,1%. Sie hatte zwar Anfang des Monats auf 7,9% nachgegeben, sich aber in den beiden vergangenen Wochen erheblich ausgeweitet und am Montag 8,8% erreicht. Das war nach Angaben von BNO Paribas der höchste Stand seit Ende Februar. Handelshäuser nehmen die Gelegenheit wahr und horten immer mehr Kathoden in ihren Lagerhäusern, wie Jiang Ning von Shanghai Nonferrous Metals beobachtet. Im Februar habe die Gewinnmarge beim Kathodenimport rund 2.000 CNY/t betragen, ein genügend großer Anreiz, um weiterhin Raffinadekupfer einzuführen. Ein Teil der Lieferungen im März war aber auch für Stockpile-Aktivitäten der Regierung bestimmt. Da die Bestände in den Lägern der Shanghai Futures Exchange sinken, obwohl immer noch Importe hereinkommen, müsste ein Teil davon in strategischen Käufen des State Reserve Bureau bestehen, vermutet He Xiaohui vom Beratungsunternehmen Antaike. Seit dem 8. März sind die Kupferbestände in den SHFE-Lagerhäusern in drei aufeinander folgenden Wochen gesunken und haben um insgesamt 13.287 t auf 25.181 t am vergangenen Freitag abgenommen. Bis Ende Februar dürfte das SRB 300.000 t Kupfer gekauft haben, und es wird darauf spekuliert, dass im restlichen Jahresverlauf weitere 600.000 bis 900.000 t folgen könnten. Qu Yi von CBI China meint jedoch, dass Chinas Kupfereinfuhr im März nicht den Rekordstand des Vormonats übersteigen wird. Die Preisdifferenz zwischen Kupferschrott und Kathoden habe sich verringert, so dass die Weiterverarbeiter in der Lage seien, für ihre Produktion Schrott zu importieren. Solange jedoch die Arbitrage SHFE/LME nicht geschlossen sei, werde es weiterhin eine starke Einfuhrtätigkeit nach China geben, schreibt Barclays Capital. Die Importdaten für März dürften deshalb erneut sehr stark ausfallen. Chinas Allgemeine Zollbehörde wird die vorläufigen Handelsstatistiken voraussichtlich um den 10. April veröffentlichen.

Quelle:  http://www.financial.de/news/top-stories/2009/04/...-stark-gestiegen/

Gruß
Donn  

http://www.postcourier.com.pg/20090403/frhome.htm

Bougainville is slowly striving back especially with tourism. Some of the most beautiful crystal clear waters and for sure
volcanoes. As shown in this picture this young women from Torokina, Michaelyne Kenaus takes a photograph with the background of
Mt Bagana.This dormant volcano has become a real attraction to locals but with more exposure will bring in tourists.
Words: PETERSON TSERAHA
Picture: Courtesy of ROBIN KENNAUS

..........+2% auf 0,53333

http://www.thenational.com.pg/040609/ween_islands.php

HIGHER Education, Science and Technology Minister Michael Ogio has called on people in his electorate not to personalise funding assistance and projects that are provided through the normal budget process.
Mr Ogio, who is on electoral duties in his North Bougainville electorate, told villagers who gathered at Kesa and Karola to witness the launch of market facilities, that they needed to differentiate between funds that were paid through public monies and those that were paid through a member’s private funds.
To make his point clear, he ordered that a banner that had been put up thanking him for the market facilities, to be pulled down, saying he was not the only person involved in making the project a reality.
“I, for one, do not like the idea of some of our leaders allowing their names to be written on cars, boats, school exercise books and even to claim ownership of the projects they undertake in their electorates,” Mr Ogio said.
“When you say that an ambulance or school bus is donated by Michael Ogio, you are personalising it and making it sound as though the money came from Mr Ogio’s pocket and also there is a degree of deception here and people can be misled.
“As leaders, we are custodians of public money and we do not own it.
“We only make policies and decisions on how these monies are spent,” Mr Ogio said.
The Karola and Kesa markets were destroyed at the height of the 10-year Bougainville crisis, forcing many mothers to trade under the mangroves and on the beachfront until funding was made available last year.

http://bougainville.typepad.com/newdawn/2009/04/...-tanis-agrees.html


By Aloysius Laukai

Former Defence Minister in the BRA Government, David Sisito, claims the Autonomous Bougainville Government has failed to implement an agreed master plan since coming into office in June 2005.

The six-point plan covers peace, reconciliation and weapons disposal, economic development, a referendum and eventual Independence for Bougainville.

Speaking at a meeting at the Arawa women’s conference centre attended by ABG President His Excellency James Tanis and Veterans Affairs Minister Glyn Tovirika, a vocal Mr Sisito said the master plan was developed during the crisis by visionary people including late BRA President, Francis Ona.

Mr Sisito said that the ABG Government and the Bougainville Administration had failed to allocate money for the plan in its current budget.

He told the meeting that if he had a copy of the Government Budget he would tear it apart in front of the President, and challenged the Government to support the six-point plan.

ABG President Tanis told the meeting that his government would act on the document.

Posted at 11:26 AM in News | Permalink

http://bougainville.typepad.com/newdawn/2009/04/...or-arawa-area.html


By Aloysius Laukai

The President of the Autonomous Bougainville Government, His Excellency James Tanis, has expressed happiness at presentations by ex-combatants and former BRA members at a meeting at Arawa on Bougainville.

About twenty ex-combatants gave the President a copy of the DOMANGTAMPO concept, aimed at reconciling relatives of former fighters and those killed during the Bougainville conflict.

Chairman of DOMANGTAMPO and former BRA strongman, Ishmael Toroama, explained that the aim and vision of the concept is to prepare Arawa and the nearby towns of Kieta and Toniva in readiness for future development.

Mr Toroama said it is important that with the return of business activities and government services to the area, people must take ownership of all these and ensure there is no disruption to such vital development.

He said many lives have been lost, including those of innocent children, and it is important that all parties are reconciled before any development can take place.

The concept was developed by Central Veterans Association and tabled at the meeting for discussion by other participants.

Mr Toroama said the concept concerns only Arawa, Kieta and Toniva.

Meanwhile, President James Tanis has accepted the document saying it contains a lot of what he and his government has in mind to move the region forward.

Goldreserven ;-))))))

http://www.rohstoff-spiegel.de/count.php?url=rs_2009-07.pdf

(Seite 6)

http://rohstoffe.wallstreet-online.de/nachrichten/...cht/2710629.html

BHP Billiton Ltd. (ISIN GB0000566504), der weltgrößte Bergbaukonzern, überlegt, neue Kupferminen lieber selbst zu entwickeln, als durch Akquisitionen zu erwerben.
Die Kosten für die Entwicklung von Minen würden auf Grund niedrigerer Material- und Energiekosten deutlich fallen, und innerhalb von sechs Monaten könnte es mindestens ebenso attraktiv sein, eine Mine zu errichten, wie sie zu kaufen, ließ der Konzern verlauten.

Es werde oft gesagt, dass auf Grund der Marktschwäche einige kleinere Konkurrenten oder deren Assets interessante Übernahmeziele darstellen könnten, doch bisher seien solche Kaufchancen rar, so BHP Billiton. Der Konzern, der in Chile die größte Kupfermine der Welt betreibt, will neue Minen in Asien, Chile und Peru sowie Afrika entwickeln.

Dabei könnten die Kosten für die Entwicklung eines solchen Projekts auf 4 bis 6 Cent je produziertem Pfund Kupfer fallen - und damit ein Niveau erreichen wie zuletzt 2004. Derzeit sieht BHP Billiton die Kosten für die Entwicklung einer Mine bei 12,5 Cent pro Pfund Kupferproduktion.

http://www.thenational.com.pg/040709/nation3.php

.........He said he made a public apology in Parliament the next day and even hosted a reconciliation peace ceremony on Friday ;-)))))))))))))))))))))))))


By WALLACE KIALA
A MISUNDERSTANDING over relief assistance to the Carterets and outlying islands between Bougainville MP Fidelis Semoso and Autonomous Bougainville Government (ABG) Atolls representative Taehi Pais resulted in an alleged physical confrontation on March 25 at the ABG Parliament House.
Speaking to The National in Port Moresby yesterday, Mr Pais alleged that he was verbally abused and punched in the face by Mr Semoso during a Parliament recess.
Mr Pais said he ended up receiving treatment at the Buka Hospital from a cut lip.
He said he later reported the matter to Buka police that same day.
“Mr Semoso punched me because he was not happy with questions I raised in Parliament the previous afternoon about K1 million he reportedly received in February for disaster services in the region and the whereabouts of that money,” Mr Pais claimed.
“My line of questions was to the local minister for local level governments to explain how many disaster offices existed in the region and when additional relief supplies for the Atolls would be made available,” Mr Pais told The National yesterday.
When contacted late yesterday afternoon, Mr Semoso admitted to the assault but said he was provoked to do so.
Speaking from Buka, Mr Semoso said he had invited Mr Pais earlier that day to his office to inform him (Pais) of the supplies that were purchased with the money in question and that they were awaiting distribution that week.
“The K1 million was used to buy water tanks, timber, medicine, school materials, food items and work tools and other necessary relief supplies to dispatch to the Atolls.
“I invited Mr Pais to inform him of the shipment that was to follow but he ignored my invitation,” Mr Semoso explained.
He said he then drove to Parliament House to brief Mr Pais but Mr Pais allagedly reacted aggressively towards him, which forced Mr Semoso to deliver a hard backhand slap that caused the ABG MP to bleed.
He said he made a public apology in Parliament the next day and even hosted a reconciliation peace ceremony on Friday which Mr Pais did not attend.
Mr Semoso stressed that Government officials were currently in the Atolls distributing relief supplies bought from the K1 million and an update on the situation would be made known before this weekend.

Die beiden Kupferproduzenten Eurasian Natural (ENRC) u. Freeport-McMoran (FCX) sind seit Jahresbeginn um 52 bzw. 71 Prozent gestiegen. Wann steigt BOC ?  

..schlicht ergreifend dann, wenn neue Investoren aufspringen. Und das wird meines Erachtens dann der Fall sein, wenn BOC die Meldung zur Minenbesichtigung rausgibt. Zuvor befürchte ich bleibt es bei einer Durststrecke, erst muss Tanis die Waffenniederlegung unter Dach und Fach kriegen und das sind alles Meldungen mit denen nur Insider etwas anzufangen wissen und man kaum einen Investoren hinter dem Ofen hervorlocken kann. Durchhalten heisst die Parole und Stücke einsammeln, wenn mal wieder jemand völlig unmotiviert Stücke bestens auf den Markt wirft - sofern man noch Asche hat ;-)  

http://newsstore.smh.com.au/apps/...ac?docID=GCA00943083BOC&f=pdf

http://www.thenational.com.pg/040809/nation31.php

NATIONAL Disaster Centre (NDC) director Martin Mose on Monday said that the centre is aware of the need for additional Government relief efforts to atoll communities on Bougainville.
When contacted by The National this week, Mr Mose said that the NDC had yet to receive an acquittal report from Bougainville after the initial relief finds were disbursed following last December’s sea swell impacts on the outlying atolls in the region.
Bougainville disaster coordinator Patrick Heromati said on Monday that although acquittals had been completed and sent to the provincial administration at the end of February, they had not received further funding assistance.
Mr Heromati said the last lot of food supply (rice) purchased from the first allocation was dispatched in the Carterets last week and pointed out that relief efforts to the area must be fully continued in the months to come.
When Mr Mose was informed that acquittals had been completed by the provincial disaster office he hinted that the delay in the report reaching NDC had to be with the Bougainville provincial administration.
The NDC yesterday also confirmed the distribution of disaster relief supplies being carried out through the office of the regional member for Bougainville Fidelis Semoso.
“I am aware of the work being done by the regional member and I commend the on-going shipment of materials to the atolls and the NDC would continue to support once required documentation are received,” Mr Mose said.

Radio Australia, 8 April 2009

Bougainville President James Tanis, today will meet the "original Me'ekamui" faction as he continues his talks around the autonomous Papuan New Guinea region, aimed at bringing peace to the area.

The group, from Central Bougainville, is putting up a number of proposals - one that its clan leaders and chiefs be automatically allowed a place in the yet to be established upper house of parliament without having to face the voters.

The president's first secretary, Dennis Kuiai, says such a plan is possible.

"The Bougainville constitution does provide for the establishment of an upper house after giving recognition to the clan structure to the chiefs in the villages."

The president has already met faction leaders of South Bougainville to hear their requests and ideas to keep the reconciliation process progressing.

http://bougainville.typepad.com/newdawn/2009/04/...-reconstitute.html

By Aloysius Laukai

The people of Panguna have shown their true colours by establishing a committee to fast track the conduct of an election for the Panguna Landowners Association.

A meeting of landowners with the Autonomous Bougainville Government at the weekend decided to set up the committee of seven men and two women to work quickly on the election of the Association.

The meeting was organised by the office of the ABG President, James Tanis, so a policy submission can be made to the Bougainville Executive Council covering the reconciliation process at Panguna and, eventually, the entire Autonomous Bougainville region.

Many landowners were vocal on the need to implement reconciliation before the election. Women leaders wanted reconciliation to be given priority.

After a lengthy session, the meeting agreed to simultaneously implement reconciliation and the preparation for the election.

The meeting also provided an opportunity for the people of Panguna to get first hand information on how the ABG was working, with the Minister for Natural Resources and Panguna landowner, Dr Benedict Pisi, the Minister for Primary Industries, Dominic Itta, and the Minister for Public Service and Telecommunication, Robert Hamal Sawa presenting their departments’ outlook.

Tanis to accompany PM to China


THE Autonomous Bougainville Government President James Tanis is to accompany Prime Minister Sir Michael Somare on a visit to China this week.
Mr Tanis was invited to accompany the Prime Minister when he made a courtesy call on Sir Michael after his inauguration on Jan 6 this year.
He said he would use this trip to discuss with PNG Ambassador to China and former Bougainville MP John Momis issues concerning Bougainville, including the referendum in six years time and establishing direct links with China.
Mr Tanis left Buka on Saturday for Port Moresby.
Meanwhile, in his Easter message, Mr Tanis declared this year as Bougainville’s year of resurrection from the ashes of war.
The message was broadcasted live on radio.