Trading Bougainville Copper (ADRs) 867948
One of the speakers at this week's PNG New Voices conference in Port Moresby says Bougainville's prospects for independence do not hinge on the potential reopening of the Panguna mine.
An emerging writer from Bougainville, Leonard Rong Foka says young Bougainvilleans are increasingly preoccupied with shaping a better, self-reliant future.
He says Bougainville must keep forging unity despite the various divisions over the mine.
"It's not a crucial part of getting Bougainville forward. The crucial part of getting Bougainville forward is the unity: unity and a creative leadership, a leadership that is relevant, up to date and a leadership that has a better relationship with the people, a relationship that is not divided."
Leonard Rong Foka says bitter internal politics and factionalism among Bougainville's leaders should be kept aside as it detracts from Bougainville's path towards independence.
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ME’EKAMUI’S MIRIORI CHALLENGED TO BE HONEST ABOUT MINING
BY NEWBDAWNNFM NEWS
President of Bougainville, Chief John L. Momis, today challenged “Me’ekamui Government’s” Philip Miriori to be honest about Bougainville mining issues. He was responding to a statement saying discussions about mining can happen only after the referendum on independence, and calling for Australian advisers to “go home”.
President Momis said:
“It’s amusing to see Mr. Miriori say mining can happen only after the referendum. For it’s widely known in Bougainville just how deeply involved Miriori is already involved in mining. It was he who worked closely with the Americans involved in Tall J Foundation Ltd. That company tried to do industrial mining of gold on the tailings on the Jaba River. But the people chased them away. Then a Chinese investor in Tall J. Tried to get his lost money back by bringing in Chinese to gather and sell scrap metal from Panguna. Then there is the Australian, Ian Renzie Duncan, at different times involved with Australian mining companies Zeus Resources and Trnaspacific Ventures. It was he who wrote Mr. Miriori’s speech delivered when Prime Minister O’Neill visited Panguna. It’s widely talked about in central Bougainville that Miriori is investing with Mr. Duncan, and that Duncan is taking alluvial gold supplied by Miriori.
“These are just a few of the mining interests that Mr. Miriori is involved in. It’s these and other mining interests that have take him off so regularly to meetings in Cairns, Brisbane, Perth, Singapore, and other business tourist destinations. Everyone around Panguna knows one thing for sure: no other Me’ekamui President has done more foreign travel than Miriori!
“But with all his deep involvement in mining already, how can he talk about decisions on mining waiting until after the referendum? I challenge him to be honest about his long history of mining interests.
“I also challenge him to be equally honest about foreign advisers. He says Australian funded advisers are not welcome. But these advisers have all been requested by the ABG to help us fill in gaps and weaknesses in the Administration. Although Australian funded, many are not Australian. They include Bougainvilleans. Until recently our legislative drafting adviser was from Vanuatu. Our Policy Adviser was from Bermuda – all paid for By Australia.
“For the ABG, the two most important things about our advisers are these. First, we only have them when we have a gap we cannot fill with a Bougainvillean. Second, they must follow the directions of the Bougainville Government. I am absolutely confident that they do
that. They do not control the ABG. They are not here to make money for foreign companies.
“I challenge Mr. Miriori to tell us about his foreign advisers, and what they are doing to make money for foreign interests. They included two Americans with the Tall J Foundation, Stewart Sytner and Thomas Megas. There are documents freely available on the Internet that show they claim that Mr. Miriori sold them mining rights in areas to the north of the Panguna Special Mining Lease. I challenge him to tell us is what Sytner and Megas claim is true.
What about the other investors in Tall J? What advice did they give to Miriori? What about the Tall J investor who brought in the Chinese scrap metal dealers? What advice did he give? What about the advice that Mr. Ian Renzie Duncan gives?
“Mr. Miriori is not being honest about the future of mining. His hands are not clean in relation to mining.
“Mr. Miriori is not being honest about foreign advisers. Again his hands are not clean.
“I challenge him to be honest on these matters. I challenge him to enter these debates only when he has clean hands.
ENDS
NEW DAWN FM NEWS
KAUONA’S ATTACK ON ABG “SILLY & OFFENSIVE: MOMIS
Bougainville’s President, Chief John Momis, today commented on what he called a ‘surprising, silly and offensive statement’ by Mr. Sam Kauona. Published as a paid advertisement in The National Newspaper on Monday 26th May, the statement was made by Kauona as Chair of the Bougainville Resource Owners Representation Committee (BRORC). It claimed that in developing Bougainville mining law, the Autonomous Bougainville Government (ABG) was controlled by Australian companies, BCL/Rio Tinto, and Australian advisers. Kauona attacked the ABG for planning to pass its new Mining Law in June.
The President said:
“Kauona’s statement is surprisingly silly. The draft ABG mining law has not been rushed. It has not been developed to help BCL, Rio Tino or Australia.
“It has been under development for two years now, since July 2012. It was first developed to stop foreign companies trying to control mining development in Bougainville through the back door. Those companies were Invincible Resources and Morumbi Resources. They were fully supported by Mr. Kauona. The former Australian, Lindsay Semple, has been the main spokesmen for those companies. Semple is still working closely with Kauona.
“The ABG has been carefully consulting many Bougainville groups about its draft mining law. There have already been four main drafts of the law. Each new draft has been changed in many ways to deal with concerns and problems raised within the ABG and by those consulted. In the third draft, there was a draft provision recognising BCL’s existing rights under PNG law. But many groups, including the Bougainville Women’s Forum in March, and ex-combatants, including Mr. Kauona, said they rejected any recognition of the Bougainville Copper Agreement (the BCA).
“Mr. Kauona knows full well that in meetings in March and April, the ABG agreed to change those draft provisions. Those changes have now been prepared. They say that the BCA will not apply in Bougainville, and that BCL’s special mining lease will no longer be recognised. Yet Mr. Kauona now attacks us for doing what we agreed with him. He should be ashamed.
“The Kauona statement also attacks the ABG for speeding up work on the Mining Bill to stop any National Government action to take over Panguna. He says that was never planned. But in February, Prime Minister O’Neill proposed to me directly that the National Government would repeal the BCA Act and expropriate all Rio Tinto shares in BCL. That would make PNG the majority owner of BCL. I knew Bougainvilleans would object to PNG controlling the development of mining at Panguna. So I wrote to the PM, opposing what he proposed, in the strongest terms. After that I met him. He then agreed that he would leave all issues about Panguna to be decided by the ABG.
“But I also directed that the ABG must pass its own mining law as soon as possible. In this way we send the strongest possible signal that only the ABG will make decisions about mining in Bougainville. We need such a strong signal not just for the National Government. There are just too many outsiders trying to get control of our mineral resources.
“Mr. Kauona says that the ABG has a neo-colonial mining policy. His reason? Because the ABG has an Australian adviser, who has worked with us for over 30 years, working on the mining law. But he is the only non-Bougainvillean amongst 20 or more officers and advisers who have worked on the draft law. They have included three Bougainvillean lawyers. All directions about their work, and all final decisions on the drafts of the law, are made by the Bougainville Executive Council. All of its members are Bougainvilleans. Does Mr. Kauona really think that all these Bougainvilleans can be pushed around, and told what to do, by one Australian? If the Australian tried to do that, he would be thrown out. We are happy to use him because he does what we direct. If Mr. Kauona has any complaints, they should be made about the Bougainvilleans who are giving the directions here.
“Finally, it’s a sick and shameful joke for Kauona to complain about neo-colonialism – which really means coming under control of foreigners after the colonial masta has gone. But its Mr. Kauona who is under control of a new masta.
He is under the control of Mr. Semple, a former Australian, now a Canadian citizen. When Semple and Kauona were working to give Canadian company, Invincible, control of Bougainville mining, all the documents were prepared in Canada, by Canadian lawyers. Bougainville officers were specifically prevented from being involved. These documents done in Canada included major contracts between the ABG and Invincible. Most shameful of all, an ABG law passed in December 2008 was drafted by a Canadian, in Canada, and sent by them to Buka to be passed. That was the Bogenvil Resources Development Corporation (AROB) Ltd. (Kabui Model) Authorization Act. It was a law passed only to help Invincible get control of mining in Bougainville.
“The same is true of all the very unfair MOUs signed between Semple’s second Canadian company, Morumbi, and small groups of landowners, in 2012 and 2013. The MOUs aimed to give Morumbi 55 years control of resources in Bougainville’s most highly prospective mineral areas. They were prepared in Canada, and trumpeted on Morumbi’s Canadian website.
“I remain ready to work with Mr. Kauona. But I will not be lectured by him about foreigners Controlling the abg
".....The Company would also like to announce that Lindsay B. Semple has resigned from the company as Chief Operating Officer, effective immediately. Morumbi Resources would like to thank Mr. Semple for his contributions to the Company and wishes him the best of luck in his future endeavors....."
und Kommentar dazu:
http://www.stockhouse.com/companies/bullboard/...-inc?postid=22585653
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kpl. auf Quelle : http://www.bougainville.typepad.com/
01.06.2014
ME’EKAMUI’S MIRIORI CHALLENGED TO BE HONEST ABOUT MINING
........President Momis said:
“It’s amusing to see Mr. Miriori say mining can happen only after the referendum. For it’s widely known in Bougainville just how deeply involved Miriori is already involved in mining. It was he who worked closely with the Americans involved in Tall J Foundation Ltd. That company tried to do industrial mining of gold on the tailings on the Jaba River. But the people chased them away. Then a Chinese investor in Tall J. Tried to get his lost money back by bringing in Chinese to gather and sell scrap metal from Panguna. Then there is the Australian, Ian Renzie Duncan, at different times involved with Australian mining companies Zeus Resources and Trnaspacific Ventures. It was he who wrote Mr. Miriori’s speech delivered when Prime Minister O’Neill visited Panguna. It’s widely talked about in central Bougainville that Miriori is investing with Mr. Duncan, and that Duncan is taking alluvial gold supplied by Miriori.
......... meetings in Cairns, Brisbane, Perth, Singapore, and other business tourist destinations. Everyone around Panguna knows one thing for sure: no other Me’ekamui President has done more foreign travel than Miriori!
“But with all his deep involvement in mining already, how can he talk about decisions on mining waiting until after the referendum? I challenge him to be honest about his long history of mining interests......
“I challenge Mr. Miriori to tell us about his foreign advisers, and what they are doing to make money for foreign interests. ........
What about the other investors in Tall J? What advice did they give to Miriori? What about the Tall J investor who brought in the Chinese scrap metal dealers? What advice did he give? What about the advice that Mr. Ian Renzie Duncan gives?
“Mr. Miriori is not being honest about the future of mining. His hands are not clean in relation to mining.
“Mr. Miriori is not being honest about foreign advisers. Again his hands are not clean.....
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Quelle: http://www.deraktionaer.de/aktie/...ldene-hoffnungsschimmer-62280.htm
Barrick Gold: Ein Meilenstein
heute, 08:30 DER AKTIONÄR
Es gilt als Milliardengrab für den weltgrößten Goldproduzenten Barrick Gold: Pascua-Lama. Das Projekt an der argentinisch-chilenischen Grenze galt als Hoffnungsträger für das Unternehmen. Doch der Widerstand von politischer Seite und von Seite der Einheimischen war enorm. Am Ende wurde Pascua Lama auf Eis gelegt. Doch jetzt kommt Bewegung in die Sache.
Ende vergangener Woche gab Barrick Gold bekannt, dass es ein Übereinkommen mit den lokalen Communities geschlossen hat. Vor allem mögliche Umweltverschmutzungen und mögliche Probleme mit der Wasserversorgung waren bislang die größten Streitpunkte. Jetzt will Barrick Gold mehr Transparenz schaffen und enger mit der Bevölkerung zusammenarbeiten. „Unser Ziel ist es, die Genehmigungen für einen Re-Start von Pascua-Lama zu erhalten“, sagt Eduardo Flores Zelaya. Gleichzeitig räumt er aber ein, dass es ein langer Weg wird, um das Vertrauen zurückzuerhalten.
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020614MOMIS WANTS ABG TO BE RECOGNISED AS AN AUTONOMOUS GOVERNMENT
BY JENNIFER NKUI
ABG president John Momis has strongly emphasized during the Bougainville Development Forum that ABG is a constitutionally established and highly autonomous government.
The forum which was held in Port Moresby last week was told by Momis that the autonomous Bougainville government is very different to the provincial governments elsewhere in PNG, especially in terms of constitutionally provided powers, resources, as well as intergovernmental relations.
He said Bougainville has its own public service and its finance management is under ABG laws as PNG laws have no application in these areas in Bougainville as of May 15, this year.
Mr. Momis said he has sometimes felt that in the past ABG was not treated as a government with a high level of constitutionally guaranteed autonomy.
He said his government often felt that it was regarded as just another provincial government which was reflected in a wide range of areas from simple obligations to consult, to calculation of grants through support to build the capacity of his government.
With that regard, Momis said it was seen that past government agencies and other development partners always make arbitrary decisions about ABG without reference to what the constitution provides.
Mr. Momis then advised his partners to consult with the government directly when designing projects and other interventions.
Ends
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§
Aloysius Laukai 3. Juni 16:36
030614MOMIS OUTLINES MEDIA AND COMMUNICATION INITIATIVES FOR BOUGAINVILLE
BY JENNIFER NKUI
ABG President John Momis today told parliament that everyone is aware that despite the best attempt of some and the government’s achievements, messages are not getting to the people.
He said as a result, people lose faith in the leaders to deliver the benefits of autonomy and they lose faith in the government as a whole.
Mr. Momis said a recent survey conducted by the information and communications division of people in South Bougainville confirmed this state of affairs.
He said because of this state of affairs, Australia and New Zealand through the governance and implementation fund are supporting the ABG with over K2 million of assistance in the area of media and communication.
He explained that the K2 million will be used by the government to introduce and launch new activities which will help bring message to the people.
Mr. Momis said the activities will include the launching of a mobile community radio station, the launching of a monthly newspaper and the launching of ABG’s official website.
He has asked for contributions from his members on ways to improve communications and get accurate messages to the People .
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BCL Chairman praises Bougainville’s clever people
Posted on June 2, 2014 by Ben Jackson
The Chairman of Bougainville Copper Limited (BCL), Peter Taylor, praised the people of Bougainville as ‘smart, capable and valuable’ in a speech to the Australia Papua New Guinea Business Forum on 20 May.
Mr Taylor, who served as President of the Australia-PNG Business Council from 2011 to 2014, was speaking on the economic opportunities and constraints for business in Bougainville.
Bougainvilleans have been amongst the best educated people in PNG.
“The Bougainvillean workforce which operated the Panguna mine, and later dispersed to become the backbone of the PNG resource development boom, is testament to that.”
Mr Taylor stated that young people and the ‘lost generation’, those that missed out on an education because of the decade-long Bougainville crisis, have a great desire for education and employment opportunities.
“More than 10,000 Bougainvilleans received training and apprenticeships during the operation of the Panguna mine,” Mr Taylor said.
“Many of these became a Bougainvillean diaspora in the 1990s, highly valued for their skills, experience and work ethic in industries across Papua New Guinea.
“The crisis robbed a generation of educational opportunity and that is a tragedy that needs to be remedied.
“Many younger Bougainvilleans are in need of vocational training and are eager to acquire it.”
The Division of Education within the Autonomous Bougainville Government (ABG) is in the process of implementing education programs throughout the region, including upgrades to schools and technical colleges.
The Joint Panguna Negotiation Coordination Committee (JPNCC) is also committed to education to enable local people to be ready for a range of employment opportunities including the potential resumption of mining.
One of the first areas of employment driven by the JPNCC – which is made up of representatives of landowners, the ABG, the Government of Papua New Guinea and BCL – will be for Bougainvilleans to provide support and services for baseline studies into environmental, social and economic conditions in mine-affected areas.
http://ramumine.wordpress.com/2014/06/04/...pport-for-mine-reopening/
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The Australian
June 05, 2014 12:00AM
https://plus.google.com/109994078355692193185
THE fate of Bougainville Copper — with billions of dollars of ore remaining unmined — is being debated again in Papua New Guinea.
A statement has been circulated claiming that in February Prime Minister Peter O’Neill proposed the expropriation of Rio Tinto’s 53.6 per cent stake — which Mr O’Neill strongly denied yesterday.
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http://www.radionz.co.nz/international/programmes/...-mining-re-start
The man heading the Bougainville land owners group where the Panguna Mine is sited says the government in the autonomous Papua New Guinea province is going about the reconciliation process back to front.
The ABG, headed by President John Momis, wants the mine to re-open, to help quickly stimulate the economy as the province begins to consider a vote on possible independence.
The mine was at the centre of the province's civil war and has been shut for 25 years.
The ABG spent much of last year consulting with the communities on renewed mining, and holding reconciliations.
But the chairman of the Osikaiang Landowners Special Mining Lease, Lawrence Daveona, told Don Wiseman before any of that can happen there has to be reconciliation within his own village, Guava.
He says then there could be a wider reconciliation and Bel Kol - the Bougainville cultural practice of giving compensation.
LAWRENCE DAVEONA: And the reasoning behind this, through customary practice, is that the conflict started in Guava and the leaders of Guava have to officially authorise our President Momis and his Government to take over the preparation and actual staging of Bel Kol on Bougainville. And again under our arrangement with ABG, the Panguna Negotiation Office and the Mining Department, the process we have to do is, after the Guava and my family reconciliation, President Momis will make a visit to Guava Village, because it was in Guava Village after Francis Ona [ leader of the separatist movement during the Civil War] invited him after his capture by BRA [Bougainville Revolutionary Army] rebels in Tinputz. So the people of Guava Village looked after President Momis and President Momis has promised to come and visit Guava Village and then say thank you to the Guava Village community. Upon his visit here the leaders of Guava and chiefs will officially, through customary ritual, hand over authority for this Bel Kol staging by ABG as our Government on the ground. And as I said before the Bel Kol the Panguna Landowners and the Guava Village must have their own reconciliation with ex-combatants because that is how the conflict progressed on. From a Guava Village internal family feud to the involvement of Panguna Landowners and then the involvement of the militants which then developed into the ex-combatants.
DON WISEMAN: You could understand the ABG perhaps being a little bit confused because as they see it, they have gone through extensive consultations already with the community and they have had extensive reconciliations but you are saying that that counts for nothing at this stage because they have got it the wrong way around.
LD: That is correct. That is correct. That is correct. It is common understanding from north, south and central that the crisis originated in Guava Village and Panguna Landowners and it has to go back to the root of where it all began and work outwards. Not the top down approach as the ABG has been approaching it.
DW: So once it got to that point, once you can go through the Bel Kol as you have described it, then discussions could begin on a possible re-opening of the mine.
LD: After the staging of the Bel Kol, BCL [ Bougainville Copper Ltd] will have its presence in Arawa as has been agreed to and BCL will begin its restoration programme but not in regards to the re-opening of Panguna Mine. There are outstanding issues that they have to attend to in terms of restoration programme, displaced villagers in the Panguna mine lease areas and also to the communities of the whole of Bougainville, through human resource development, like assisting with vocational schools. There is a package involved in the Bel Kol exercise, so BCL will be on the ground after the staging of the Bel Kol. Now the date has been postponed until some time in July for this exercise of Bel Kol.
DW: As we said the President is very keen for the mine to be opened because he sees this as the way in which the economy can quickly get going so that it is in a viable state in time for the vote on viable independence after next year, or from next year onwards, but the way you see it, that is not going to be possible, it is going to be many years down the road before there can be any re-opening of that mine.
LD: Well people cannot just want the Panguna are opened. Oh no no no, they can't. The need to be compensated and their outstanding compensations for Panguna landowners and even the loss of lives - between 15 and 20 thousand people - is an issue that our Government, ABG, is really not addressing. It is going to take quite some time because the Panguna landowners position is that the ABG should take ownership of the restoration package for the whole of Bougainville and this package should deal with a lot of the issues - such as compensation for the deceased, the restoring of burned down villages, the infrastructure, so that our people can be in their right mind before they can talk about opening the Panguna Mine.
DW: So many many years?
LD: Oh I can't answer that because as it is - I know I keep saying I know where our President is coming from. He thinks we can start negotiating from the end of this year. I don't see it that way. Maybe next year. Maybe mid next year about Panguna. The problem is on the ground. You can't just walk in and open the mine. A lot of villagers here are not settled and we have got a lot of issues that the government, the ABG Government is not really addressing.
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..hoffentlich weiss LD immer genau was es sagt. Wenn´s der Sache ´´re-opening´´ dient ist Flexibilität angesagt, v. d. habe ich persönlich allerdings für vieles Verständniss oder muß auch nicht immer alles verstehen. ;-))))
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The Prime Minister’s chief of staff, Isaac Lupari, who was present in the meeting with Mr Momis, told The Australian that when the issue of reopening the mine was raised, the leaders had discussed the prospect of the two governments buying a bigger stake from Rio Tinto, but “there was never any suggestion of nationalisation, or of repeal of the Bougainville Copper Agreement Act”.
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