Trading Bougainville Copper (ADRs) 867948
Australia signals more engagement with Bougainville
Radio New Zealand
The Australian High Commissioner to Papua New Guinea says it's important her country and New Zealand support Bougainville as it heads towards a five-year window on an independence referendum.
Deborah Stokes says New Zealand has played an important role with the Bougainville auxiliary police, while Australia has assisted the police through infrastructure work.
She says other areas Australia is assisting with include health, education, and the drafting of legislation for the mining industry.
Ms Stokes says lots of preparation will be needed on the possible referendum.
"I can only see from the Australian government's point of view that it will increase, that our engagement there will only expand, especially as we build up to the window on the referendum, which opens in 2015. Building up to that, what is the organisation that is going to conduct the referendum and to make sure that it's a credible referendum, so there's a lot of work ahead."
March 18, 2014
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Australia confirms it is ‘assisting’ Bougainville to write its new mining law…
by ramunickel
... and we all know the influence the mining industry has in Australia!
Australia signals more engagement with Bougainville
Radio New Zealand
The Australian High Commissioner to Papua New Guinea says it's important her country and New Zealand support Bougainville as it heads towards a five-year window on an independence referendum.
Deborah Stokes says New Zealand has played an important role with the Bougainville auxiliary police, while Australia has assisted the police through infrastructure work.
She says other areas Australia is assisting with include health, education, and the drafting of legislation for the mining industry.
Ms Stokes says lots of preparation will be needed on the possible referendum.
"I can only see from the Australian government's point of view that it will increase, that our engagement there will only expand, especially as we build up to the window on the referendum, which opens in 2015. Building up to that, what is the organisation that is going to conduct the referendum and to make sure that it's a credible referendum, so there's a lot of work ahead."
ramunickel | March 18, 2014 at 8:40 am | Tags: AusAID, Australian government, Mining Law, Panguna, Papua New Guinea, Rio Tinto | Categories: Papua New Guinea | URL: http://wp.me/pMvf7-3a7
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K7 million allocated for Panguna negotiations
by mekamui
18.03.2014
Source: Post-Courier
By WINTERFORD TOREAS
A TOTAL of K7 million has been budgeted between 2010-2013 to fund the Autonomous Bougainville Government’s preparation towards negotiating the possible reopening of the Panguna mine in Central Bougainville.
This was made known by President John Momis while delivering his ministerial statement during the Autonomous Bougainville Government parliament sitting last week.
However, from this total budgeted amount, only K4.5m or 64 percent was disbursed to the Autonomous Bougainville Government Mining Department to carry out this exercise.
From this K7 million budget, K2 million was paid by the national Government in 2010 while the following year saw Autonomous Bougainville Government allocating K500,000 towards the cause.
The Autonomous Bougainville Government increased its allocation to K2 million in 2012 while no funds were allocated in 2013, resulting in only K4.5 million being allocated out of this budgeted K7million.
President Momis, who is also the Minister responsible for Panguna Negotiations, revealed that K3,992,028 out of this K4.5 million was used up in 2013 on various expenses.
“The most expensive item being the regional forums, which absorbed K1.9 million or 48 percent (of this K3.9 million),” said Mr Momis.
Other expenses incurred include the landowner consultations which amounted to K317,569 while the expenses for the landowner infrastructure support totals up to K536,676.
Expenses for the Autonomous Bougainville Government/landowners discussions was K374,673 and expenses for the joint coordination committee amounted to K212,608.
Autonomous Bougainville Government and landowners technical advices and consultations totaled up to K146,664 while K495,191 was spent on the office operations of the secretariat.
The monies should be spent on other good things like building higher institution etc etc
mekamui | March 17, 2014 at 11:46 pm | Categories: Uncategorized | URL: http://wp.me/prj9z-sj
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Bougainville students frustrated at lack of a university back home
by mekamui
by LEONARD FONG ROKA
Students
Students
AS SHOCK and fear at the slaying of the Divine Word University’s Sepik student Nigel Laki and injuries sustained by Ishmael Palipal and others holds every nerve on campus, Bougainville students cry out that their government in Kubu has failed them for so long by not building a university on Bougainville where students would have freedom and peace on their home island.
The number of Bougainvillean students entering Divine Word University is increasing annually. Many of 2014’s first year students are here since DWU is making itself known as a hub of Information and Communication Technology (ICT) in PNG.
Continuing students promote this when touring secondary schools every November as part of the Bougainville Youth Foundation awareness program.
For many first timers out of Bougainville, the ‘Beautiful Madang’ tag is in their mind. But just as their flight touches down at Madang airport, the city’s unkempt character, the standard of peoples’ dress and housing and the intimidating stares tell them they have believed a lie.
Since we arrived at DWU this year, over 11 students across Madang’s tertiary institutions have been robbed by thugs in town. Two first year male students who had been shopping were repeatedly harassed and threatened with small kitchen knives during a bus ride from town to the main campus until one of them punched the thief in the neck choking him before darting into the DWU main gate.
Another student from Madang Teachers College was withdrawing cash from an ATM in town when a rascal held him up and walked away with his K2,000 school fee cash.
In another incident, seen by Bougainville students away from the safety and peace of their island, a trio of Madang Technical College students were pickpocketed in town and attacked the child rascals. However a bigger criminal mob was soon on them and they had to run for safety.
“This is really a strange place,” one of the pair harassed during the bus ride to DWU, said. “Thank God the crisis chased these rascals off our island. I have gleaned that they are there wandering around town looking for opportunities to rob us.”
In a gathering outside AJ Hall, Bougainvillean students waiting for Nigel Laki’s funeral service to start shared news on all the things they are seeing and experiencing that were real contradiction to their island home, Bougainville.
To them, the Autonomous Bougainville Government (ABG) must use all the funding the PNG government is providing to build a university in Bougainville so they can complete their education back home.
A female student said: “I am fed up with our MPs in Port Moresby and Buka for not building a university back home and ignorantly letting us attend this crime-infested place. I had a bad night with all the police gunfire last night and this morning. I hate to be here.”
Another said: “All of us boys must try to avoid these life-threatening developments. We have suffered enough and we are here to get an education and return home to remove all those old leaders who are not functioning well.”
Students also ran through a list of fellow students slain or disadvantaged through past and recent history everywhere in PNG and told the final year students they have to go home and get positions that have a say in policy making after completing their studies at DWU.
Bougainvillean students believe the ABG must speed up the development of technical and teachers colleges and universities in Bougainville since they are fed up coming to PNG to be harmed.
They are happy that colleges in Tinputz, Koromira and Mabiri provide trade skill to Bougainvillean youths.
They are also excited by the development of a technical school and a teachers college in Buin. But all are concerned that non-Bougainvilleans not be allowed into Bougainville to create the slums and deprive Bougainvilleans of their own land as was the case before 1989.
They laughed when one student rose and said: “Boys, if you want a wife now that you are a university student, find your wife in this family and girls, do the same too; a thing from Bougainville must return back to Bougainville.”
mekamui | March 17, 2014 at 11:50 pm | Categories: Uncategorized | URL: http://wp.me/prj9z-sl
Source: Post-Courier
Stage set for Aropa airport development
By ROMULUS MASIU
THE first stage for the re-opening of the defunct Aropa International Airport will take place today with a ground breaking ceremony.
This will see the signing of a memorandum of understanding between the landowners, Autonomous Bougainville Government and the national Government. The MoU will enable the Civil Aviation Authority to fasttrack the progress of the airport’s commissioning as its current status since 1989 is "decommissioned".
The last flight out of Aropa Airport was in 1989 when the crisis broke out, since then the airport closed altogether.
Today will mark another milestone for Bougainville in terms of vital government service delivery returning to the autonomous region after the decade long conflict.
Minister for State Enterprises in the National Parliament Ben Micah will officiate at the ground breaking tradition along with Minister for Civil Aviation Steven Davies. Mr Micah and Mr Davies (Samarai-Murua) along with local MP Jimmy Miringtoro will represent Prime Minister Peter O’Neill and the national Government at the ceremony at Aropa.
The ABG will be led by President John Momis, Regional MP Joseph Lera, Luke Karaston (Minister for Works), Nicholas Darku (Minister for DPI) and John Ken (ABG Member for South Nasioi) and other local leaders. Highlights of the ground breaking ceremony will see customary obligation called (domangmingta) wherein those who were killed during the Bougainville Crisis at the "Aropa Airport Battle" will be respected and compensated.
The Aropa airport was a fighting zone during the crisis where many fierce battles were fought between the BRA and the PNG Defence Force.
Ishmael Toroama will be a guest speaker also representing the ex-combatants of Bougainville, among other speakers.
It is understood the national government cabinet ministers and other dignitaries will fly into Aropa airport from Port Moresby.
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The new cost estimate comes after upbeat commentary last month about the potential to restart the project from the mine leaseholder, Rio subsidiary Bougainville Copper.
Despite the cost jump from a previous estimate of between $US2bn and $US4bn, Bougainville Copper says the mine remains economic.
Rio reported the latest capital estimate at Panguna in its annual report, saying it had come after Bougainville Copper did a fresh "order of magnitude study" on the mine.
The previous assessment was done in 2008.
The estimate is based on the assumption that all site infrastructure needs rebuilding.
"Safe access by company employees has not been possible since 1989 and an accurate assessment of the conditions cannot therefore be made," said Rio, which owns 53.8 per cent of Bougainville Copper.
"Considerable funding would be required to recommence operations."
Bougainville Copper has not revealed the capital cost that emerged from the study but has been positive about both the sentiment of locals and the economic prospects.
"The emerging results of this study broadly indicate that it would be economically viable to redevelop the Panguna mine," the company said in its full-year results release on February 28.
The company said a January visit to previous no-go areas on Bougainville by Prime Minister Peter O'Neill was the first by a serving PM in 15 years and it had generated a wave of conciliatory sentiment among previously hostile stakeholders.
"Bougainville Copper is encouraged by this new spirit of engagement," the company said.
It said it planned to open an office in the Bougainville town of Arawa this year to assess "bio-remediation needs, community development programs, social mapping, asset revaluation and de-risking".
But the company stressed it would not undertake major studies until there was broad support from governments, landowners and other stakeholders.
In a report last month following Mr O'Neill's visit, Oxford Business Group said sentiment was improving but reopening the mine would not be straightforward. "Hostility is expected from landowners, while feelings still run high among those who suffered during the war," the group said.
While Rio Tinto expects volatility in the near term, long-term fundamentals for the copper industry remain positive. The continued urbanisation, industrialisation and electrification of China and other large markets such as India and South East Asia, combined with greater energy-efficiency requirements and the move toward more
renewable energy sources, will continue to drive long-term copper demand. Against those demand dynamics,the supply picture will remain constrained, with continued cost escalation in some jurisdictions, falling grades, technical challenges from increasing depth at existing operations and new discoveries, water and power constraints, and
continued political and social risks, especially for new projects.Rio Tinto Copper is well positioned tobenefit from of these strong marketdynamics. It is currently the industry’s
sixth largest copper producer, with existing Tier 1 assets. In addition, the group is pursuing high-value growthopportunities, using a phased and structured approach
to development investment while maintaining optionality. The group is carefully managing costs and capital exposure, and its leadership in technological innovations
allows it to safely and efficiently access lower grade ores and deposits, at
greater depths. This strategy will generate significant and sustainable value for
shareholders and all partners, as it is expected to reposition the group from the
third quartile of the copper cost curve inn to a low-cost, first quartile producer
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Das 1x seit der Schliessung der Pangunamine dass RIO wieder auf die BOC Werthaltigkeit in seinem Annual Report eingeht.
Würde mich nicht wundern wenn zur BOC AGM weitere Details zur "order of magnitude study" und zum (geplanten?) Blockcave mining bekannt gegeben würden.
https://www.google.lu/...&gws_rd=cr&ei=l4YpU5uHHcrYtQbQiYC4Bw
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Quelle : http://www.bougainville24.com/
BCL mine will bring local education and employment
Maximising opportunities for Bougainvillean workers will be a priority for Bougainville Copper Limited (BCL) in any future resumption of operations at the Panguna mine.
A study conducted by BCL last year states that education and training activities will be initiated if the decision is made to redevelop the mine.
These activities will focus on ensuring a Bougainvillean workforce is trained in time for commencement of mine operations.
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...........Business leaders joining Mr Abbott over the next few days include Oil Search chief Peter Botten, Rio Tinto executive Peter Taylor, ANZ Bank executive Graham Hodges and Clough chief executive Kevin Gallagher.
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Co-authored with Sam Nallen Copley
It is never easy being friends with an ex, and sometimes it's better just to move on. As of March 1, Australians are no longer able to enter their former colony of Papua New Guinea without pre-obtained visas. This policy shift has failed to hit the headlines in the Pacific region which are currently dominated by last month's bloodshed in the Australian-run, Papuan-hosted Detention Facility on Manus Island, in which one man died and many more were injured. A very general question stands out -- what are both countries getting out of their rather strained relationship, and since the colonial breakup almost 40 years ago, is it simply worth the effort?
Papua New Guinea (PNG) was never an easy place to govern. With over 800 languages and the likelihood of "uncontacted" peoples residing deep in its dense rainforests, Papua's current government barely manages to extend its flimsy arm beyond a handful of trading towns and maritime ports dotted around the more clement regions of the country's coastline. Indeed even maintaining a semblance of order in the capital -- Port Moresby -- relies largely on the battalions of private security guards, mostly from the British company G4S, which vastly outnumber the country's police officers. Corruption, witch-burning, and sexual violence are endemic and have led the international community into believing that PNG is one of the few remaining sovereign countries that still requires 'tutelage' of the colonial variety. Offering this tutelage has been made more attractive by the abundance of inland resource wealth such as unharvested timber and agricultural products in addition to the coastal fishing potential in the several seas surrounding the PNG.
A Peculiar Past
The British, who arrived in the 1880s, struggled to get to grips with the place and formally handed it over to the Australians in 1906, who have ever since treated the state like a delinquent younger sibling, but no worse. In fact, the Australians only gradually engaged with PNG and never really attempted to expand the rule of law or the authority of the central state. As such, Australia's tenure in PNG was not witness to any exotic anti-colonial resistance or bloody suppression. In fact, much of Australia's colonial adventures -- particularly into the more remote areas of the Highlands -- only really started in the 1950s, when it already seemed unfashionable to teach black people how to be more white. In turn, autonomy was not such a big deal, especially for those outside the capital, with many Papuans remembering subsequent celebrations of the independence more than the day of the day of liberation itself -- September 16th, 1975.
This form of colonial legacy is quite unusual. Over the centuries, most colonial powers have occupied and occasionally developed foreign territories -- mostly shedding blood en route -- before going on in the post-colonial period to feel rather bad about it. The British, for instance, faced the Indian Mutiny, the Boer Wars and the Chilembwe Uprising as backlashes against their aspirations for global dominance. Recent Prime Ministers Blair, Brown and Cameron have all attempted to atone for these crimes by issuing apologies in Africa and India for British treatment of locals.
As colonialism has always had a light footprint in PNG, the Australians never apologized for their abuses and the continuing, overwhelming presence in their old playground. During the next four decades after independence Australia -- officially at least -- took to the sidelines as its former colony declared war against one of its islands, dabbled in the shady Euro-African mercenary game, grappled with a constitutional crisis and broke away from various inherited cultural-legal norms -- reinstating the death penalty in 1991, for instance. With the Australian Broadcasting Corporation (ABC) blaring out of every television, and each roadside-shack boasting Aussie Rules Football posters, it is obvious the former colonizers are still there in force. Indeed even notepads and writing material in the Highland villages -- in which many tribesmen have never even seen a white person -- proudly display 'Donated by the Australian Government' stickers. Canberra also likes to brag about their significant effort put into maintaining the national highway and distributing medicine to over 2,000 health centers. In return, Australian companies -- like the Melbourne branch of Conzinc Rio Tinto, whose copper mining operations triggered the Bougainville Civil War (1988 - 1998) in which 20,000 locals died fighting foreign workers -- get their hands on the juicy resources offered by the country.
Finger Pointing Despite all this diplomatic and economic effort, Australia has not been able to convince the Papuans, that they are a force for good. Unlike the four-room French Embassy -- which shares a building with law firms and aviation services -- or their American neighbors -- who are tucked in behind the Grand Papua Hotel -- the Australian High Commission stands apart as a bone-white fortress, encircled with barbed wire and thick concrete walls, and so it needs to be. In 2005 the building was surrounded by hundreds of protesters appalled by their Prime Minister's treatment on a trip to Canberra, where he was asked to remove his shoes for security reasons. "We like all foreigners apart from Australians," one roadside betel-nut seller revealed to me in downtown Moresby. A more glaring reason is the ongoing presence of an Australian-run, governed, built and funded detention center for those caught trying to enter Australia illegally -- in which a young Iranian man was killed, and 77 injured in a riot recently -- on Papuan soil. This facility was first opened in 2001 but closed a couple of years later after hosting only one inmate for nearly a year. Shortly after the current Papuan Prime Minister, Peter O'Neill, came to office in the summer of 2012, Australia reopened the center-- a policy Tony Abbot's conservative coalition continued after winning the 2013 general election.
There is something rather uncomfortable about a country founded by immigrants, with a shameful race-relations history, shipping off asylum seekers of various dark colors to an island full of blacks. Salt on the wound comes as Canberra stated publicly, "As the individuals and the center are located in PNG territory, it has primary responsibility," blaming the Papuans for the bloodshed they had no role in. O'Neill, who earlier this year apologized publicly for Moresby's role in the Australian sponsored Bougainville War, defended his countrymen, stating, "At no time did the good people of Manus get involved" -- a statement distancing the island's 50,000 citizens, none of whom participated in the riot, from the actions carried out by foreign security firm G4S. Perhaps Australia's treatment of this incident, and lack of acknowledgement of Papuan innocence, has proven to be the last straw.
Fighting Fire with Fire
Papua New Guinea has this month prohibited Australians from receiving visas upon arrival in the country. This has largely been seen as retaliation for Aussie refusal to renegotiate the no-visa-on-arrival policy Papuans face when hoping to travel down-under. Currently, the only two ways for a Papuan to enter Australia are either through a commercial visa center, or to apply online -- a near impossible process in a country in which even many Ambassadorial Compounds have no access to the internet. While O'Neill's new measure suggests he has had enough of Australia's condescending attitude, this ban comes a week after Moresby approved dual citizenship for Australian-Papuans, promoting cooperation between the two nations. Maybe it is time for PNG to work out what it wants.
Although Australia's Department of Foreign Affairs and Trade pumped $500 million into PNG last year, they are probably getting more back from their rather questionably-run mining industry. It's also worth bearing in mind that abruptly cutting an annual cash injection to a former-colony just isn't cricket, and the Australians are very unlikely to take such a step so as not to tarnish their increasingly murky international image further.
Maybe an Amiable Break-up is Best?
"Nao em taim bilong lusim ol" (Now it's time to get rid of them), the betel-nut man went on, and perhaps he's right. A break-up however does not necessarily mean tears, and, so long as divorce is handled carefully, there is no reason not to stay friends. Both nations are part of the Commonwealth, support Indonesia's colonization of West Papua and meet up regularly on the rugby pitch. The Papuan PM, O'Neill, whose father was Australian, even has three children studying in Queensland. Interaction between the two nations is a good thing, but it is high time the terms are negotiated rather than dictated.
Papua New Guinea is not an easy place to govern, but it might be worth giving it a shot without constantly trying to hold hands with the ex-governors. With huge amounts of nickel, copper and gold, an emerging coffee industry, an extraordinarily resilient parliamentary democracy and the recent surge in the country's population, Papua New Guinea can afford to flex its muscles and assert more authority in the region, because, if the Australians get too upset, there's always the ever-resource-hungry Chinese -- and perhaps even the Japanese -- to turn to.
_______
Jason Pack is a Researcher of World History at Cambridge University, President of Libya-Analysis.com, and author of The 2011 Libyan Uprisings and the Struggle for the Post-Qadhafi Future.
Sam Nallen Copley is a freelance writer covering the Asia-Pacific region. He has lived in Papua New Guinea while conducting ethnographic research for the French Government. He holds degrees from Oxford University and Waseda University in Tokyo.
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THE PEOPLE’S POWER MOVEMENT IN SOUTH BOUGAINVILLE
by mekamui
By Peter Nerau
The people of South Bougainville said that in the absence of a strong and decisive government with no clear cut policies to protect them from what they called "restricted business activity for nationals" they won't hestitate to force those foreigners to leave their locality by using People's Power as in the case of the Chinese who were told to leave Buin Town recently.
The People's Power Movement in South Bougainville said that they are not against the Chinese but they should invest in high impact projects that the local people do not have the capacity to perform these type of businesses.
They said that they do welcome foreigners to come to Bougainville and establish Joint Venture high impact projects with the locals but they warn that the restricted business activity will be protected by the People's Power if ABG is turning a bline eye and not taking any action to protect them. They believe that the current government is very weak and not protecting them as citizens.
mekamui | March 22, 2014 at 9:13 pm | Categories: Uncategorized | URL: http://wp.me/prj9z-sP
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........They said that they do welcome foreigners to come to Bougainville and establish Joint Venture high impact projects with the locals......
PS: ......na dann, ich wünschte mir tatsächlich etwas mehr *Krim* auf der Insel.
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hier steckt nur noch luft drin
der letzte macht das licht an
ist eh schon dunkel genug
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Mining Act under review
by ramunickel
Joey Tau | PNG Edge
image001PNG’s current mining Act is undergoing review to suit today’s changing modes of mining in the country says Mining Minister Byron Chan.
Minister Chan told PNG Edge that the Mining Act review began in mid-2013 and is still in a consultation process with stakeholders including landowners, developers, and implementing authorities.
“We are also doing assessments of all proposed amendments,” said Chan.
“The review will factor in off-shore mining, geo-thermal, coal, and all other existing mining facilities in the country,” he said.
He added that benefits from mining in the country were an important aspect of the review, and it aimed at addressing some of the landowner issues faced in the country.
Minister Chan could not give an exact date, but said the review will be open for submissions on a projected date.
ramunickel | March 24, 2014 at 4:20 am | Tags: Byron Chan, Landholders, Mining Act, Papua New Guinea, PNG development | Categories: Papua New Guinea | URL: http://wp.me/pMvf7-3be
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und mit schwarzen sternen um euch schmeißen hehehe
Perf. seit Threadbeginn: -42,18% sagt doch alle aus
dreck bleibt dreck und
heute nochmal in den keller L&S 0.339 - 1.41 %
Sorgen über sinkende KupferpreiseDroht eine globale Rezession?
Der Kupferpreis gilt als wichtiger Hinweis für den Zustand der weltweiten Konjunktur. Wenn die Kupferpreise im Keller sind, lässt das Schlimmes ahnen. Ist der Preissturz also ein Warnzeichen? Sorgen muss sich auf jeden Fall China machen.
Der Kupferpreis gilt als Barometer für die Gesundheit der Weltwirtschaft. Wenn es also nach den aktuellen Notierungen ginge, müsste es der globalen Konjunktur ziemlich schlecht gehen. Der Kupferpreis ist auf den niedrigsten Stand seit Juni 2010 gefallen - und es wird befürchtet, dass er weiter in den Keller sackt. Der Abschwung am Kupfermarkt hat allerdings viel mit China zu tun: Zum einen lässt die Nachfrage aus der zweitgrößten Volkswirtschaft nach, zum anderen wird in China kräftig mit dem Industriemetall spekuliert.
Überall wird Kupfer gebraucht. Sei es in technischen Geräten, Rohren, Leitungen oder im Maschinenbau. Boomt die Wirtschaft und wird viel produziert, steigt der Preis. Rund 40 Prozent der weltweiten Nachfrage nach Kupfer stammen aus China, wo das Wachstum in diesem Jahr auf 7 oder 7,5 Prozent im Vergleich zum Vorjahr fallen dürfte - den niedrigsten Stand seit den 90er Jahren.
Kupfer für Finanzierungsdeals
In China wird Kupfer auch als Sicherheit für zinsgünstige Kredite eingebracht, um Unternehmen zu finanzieren oder auf steigenden Finanzmärkten zu spekulieren. Das rote Metall ist zu einem Finanzprodukt geworden, weil damit auch Kapitalkontrollen umgangen werden können. Diese auch "Carry-Trade" genannten Geschäfte funktionierten gut, solange alle von einem steigenden Yuan ausgehen konnten und das Kursrisiko damit gering war. Chinas Zentralbank geht aber seit diesem Monat gegen Spekulationen vor und hat den Wert der chinesischen Währung überraschend fallen lassen.
Ein großer Teil von Chinas Kupfereinfuhren - Schätzungen schwanken zwischen 40 und 80 Prozent - wird für Finanzierungen benutzt. Meist werden die Geschäfte über das wuchernde Schattenbankenwesen abgewickelt. Die Lagergestände haben jüngst noch kräftig zugelegt. Im Januar um 53 Prozent im Vergleich zum Vorjahr. Aber auch im Februar lag der Zuwachs bei 27 Prozent. Jetzt geht plötzlich die Angst um, dass verpfändete Lagerbestände abgestoßen werden müssen. Solche Notverkäufe würden den Kupferpreis weiter sacken lassen.
Firmenpleiten nehmen zu
Verunsichert sind Anleger auch durch den ersten Ausfall einer Unternehmensanleihe auf dem riesigen Bond-Markt in China. Das Solarunternehmen Shanghai Chaori Solar Energy Science & Technology konnte Anfang des Monats eine fällige Zinszahlung nicht mehr leisten. Experten sahen einen "wichtigen Präzedenzfall". Indem erstmals niemand zur Hilfe kam, habe die Zentralbank die Marktdisziplin verbessern und auf die wahren Risiken hinweisen wollen.
Vergangene Woche nannte Regierungschef Li Keqiang weitere Pleiten "unvermeidlich". "Ausfallrisiken werden im Energie- und Rohstoffsektor und in anderen Industrien mit Überkapazitäten gesehen, einschließlich Schiffbau, Stahl, Zement, Flachglas, Aluminium, Solar, Wind, Energieanlagen, Immobilien und Finanzinstrumenten der Kommunen", sagte Jian Chang, Chefökonomin der Barclays Bank, der Tageszeitung "China Daily".
Das Vertrauen am Markt wurde zuletzt noch durch schlechte Daten für die Industrieproduktion und Exporte erschüttert, die auf eine weitere Abschwächung der chinesischen Konjunktur hindeuten. Insofern fühlt "Doktor Kupfer" eher China und seinen Spekulanten den Puls. So mahnt auch eine Analyse von Capital Economics, nicht zu viel in den Abschwung am Kupfermarkt hineinzulesen: "Wir wären vorsichtig, den jüngsten Rückgang im Kupferpreis als Warnzeichen für größere Probleme in der Weltwirtschaft zu interpretieren."
Quelle: n-tv.de
ttp://www.teleboerse.de/rohstoffe/...globale-Rezession-article12522071.html
Ich möchte aber den Abrechnungsbeleg sehen...
Wenn du das bewerkstelligst darfst weiter hier schwätzen....