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Full Bougainville mining law hoped for new year

Radio New Zealand

The president of Bougainville says he hopes to have a complete mining law for the autonomous Papua New Guinea province passed by the end of the year.


The President of Bougainville, John Momis. Photo: RNZI

A new "transitional" law was passed last week to replace PNG mining law, which formalised the province's control of its own resources as laid out in the Bougainville Peace Agreement.

John Momis says the new law ensures that landowners will own the resources on their land, but more work still needs to be done to prepare the full legislation.

" Well we are still working on the provisions for environmental safety standards and hopefully by the end of the year of January next year we'll have the complete mining law passed."

Bougainville's President, John Momis.

 

Gibt es eine Begründung
warum jetzt ein unvollständiges Gesetzt beschlossen
wird, wenn das "Komplette" zum Jahresende geplant wird?
 

09.08.2014
Source: Radio New Zealand International

Full Bougainville mining law hoped for new year

The president of Bougainville says he hopes to have a complete mining law for the autonomous Papua New Guinea province passed by the end of the year.

The President of Bougainville, John Momis Photo: RNZI

A new "transitional" law was passed last week to replace PNG mining law, which formalised the province's control of its own resources as laid out in the Bougainville Peace Agreement.
John Momis says the new law ensures that landowners will own the resources on their land, but more work still needs to be done to prepare the full legislation.

" Well we are still working on the provisions for environmental safety standards and hopefully by the end of the year of January next year we'll have the complete mining law passed."

Bougainville's President, John Momis.

......aus der offizielle Begründung ist :......but more work still needs.....  dann wohl ein zeitliches Problem. herauszulesen.  ;-))))))))

 

PNG überträgt die Mining-Power erst ans ABG wenn sichergestellt ist dass Boug. diese auch händeln kann. Ein Knackpunkt ist dass Boug. die mit PNG bestehenden Verträge einhält. Dazu gehört auch das Bougainville Copper Agreement welches jetzt defacto aufgehoben ist.

Der jetzige BCL Besitz besteht nur noch aus dem an der ASX angelegten Cash,u. jeder Menge Explorations Daten über Panguna u. die 7 zusätzlichen Lizenzen. Den (Panguna) Lo`s  gehören laut Gesetz die sich im Boden befindlichen Reserven im Wert von min. 100 Billions

Eine zentrale Forderung der Lo`s ist somit erfüllt  (BCA aufgekündigt), jetzt kann über den "New Deal" verhandelt werden. Wenn dabei "the devil we know" zum Zuge kommt ist alles in Butter u. wir werden fulminant steigende Kurse sehen "The BIGBOCBANG" ;-)))))

Aber "das Land of the Unexpected" ist ja immer für eine Ueberraschung gut ;-)))

Danke nekro!  

dann so unzufrieden und warum ist für Rio Tinte trotzdem alles in Butter,bzw. warum wird auf ramu.. solch ein Stunk gemacht??
passt alles nicht zusammen  

................das BCA neu verhandelt wird oder BOC einen "New Deal" in trockene Tücher bringt ist doch für RIO Jacke wie Hose, oder? ;-)))))

Jedem mit etwas Grips auf Boug. ist klar dass es keine Alternative zu BCL gibt, jedenfalls nicht kurzfristig.

Somit wird BOC grösstenteils die Bedingungen diktieren können u. das wissen auch die Mekamuis ;-)))

Was wenn BOC plötzlich sagt "Nee,Jungs, so nicht, dann machen wirs nicht"

....wenn sie  alle  Zufriedenheit signalisieren würden gäbe es ja nichts mehr zu verhandeln....;-))  

Quelle :        http://dev.postcourier.com.pg/kids-place/



Bougainville
LOs not happy with Bill

THE Bougainville Mining (Transitional Arrangements) Bill 2014 passed by Bougainville Parliament on Friday has not pleased everyone.

The executives of the SML (Special Mining Lease) Osikaiang Landowner’s Association, which represents people in the Panguna mine area, said in a statement that they were not happy with certain aspects of the Bill.

“Our position on this Bill has always been that BCL (Bougainville Copper Ltd, the previous Panguna mine operators) must not be given an easy access by our Government through our own Bougainville Mining Law. Our law must be a standalone law,” they said.

“The Bill that our Government had passed is a very clear violation of our customary rights to our land and our resources.”

There is a clause in the Bill which gives BCL the first right of refusal to negotiate for mining rights in Panguna.

However, Bougainville President John Momis said in Parliament on Friday that, “the draft Act does not grant any minerals to BCL. It just gives BCL a right to negotiate with the ABG and landowners for a mining license for the area previously covered by the SML.

“If conditions satisfactory to the ABG and landowners are not agreed then BCL will not receive a mining license. They will leave. Then the ABG and the landowners will decide what to do next.”

A statement the association submitted to the Panguna Negotiation Forum held last week in Buka outlined the association’s position in detail, covering issues such as participation of stakeholders, local asset management, environmental management and benefit sharing arrangements.

Association Chairman Lawrence Daveona said “in order not to be subservient to Rio Tinto’s nonsense again we are proposing that we as SML Landowners must participate directly in the Panguna Mine’s Operations.”

He added that his landowners had again been made “mere spectators.”

 

...zum Wochenauftakt: the same procedure as  last week´s  ;-))  Papua New Guinea Mine Watch

`http://ramumine.wordpress.com/2013/03/05/...he-bougainville-conflict/

das `` Kampfblatt``. Unsachliche Polemik Artikel für Artikel.  

........The complete mining law is expected to be passed by early next year.
John Momis says landowners will be happy once the government has explained things to them.

"We will explain, we will take measures now to embark on a massive awareness programme. Another reason why we've had to have this transitional law is to prevent foreigners who come here and go straight to the landowners. From now on, any dealing with the people must come through the ABG."

John Momis says some landowners have been misled by foreigners.......... ;-)))))

kpl. auf : http://www.bougainville-copper.eu/news-august-2014-1.html

Quelle : Radio New Zealand International  

Die Frage ist jetzt: Wie viel sind die Explorations Daten von Panguna u. den anderen
7 Lizenzen wert. Und wie schaut der neue Deal aus, wie werden die 100 Mia aufgeteilt? Wo ist die Schmerzgrenze für BCL? In welche Richtung geht dieser neue Deal?
Jetzt noch eine genaue Kursvorhersage zu machen ist äusserst schwierg, Axel müsste wahrscheinlich sein Kursziel von AUD 4.80 auch anpassen oder neu erklären, oder? Meinungen?  

Es hiess doch immer, daß die Lizenzen BOC gehören und um weitere 25 Jahre verlängert worden sind. Es kann doch nicht sein, daß das plötzlich nicht mehr der Fall sein sollte, oder?
Wer kann mir denn das hier mal genau erklären?  

(2)        On and after the commencement of this Act:

(a)        the special mining lease ceases to be in force; and
(b)        the company that was the holder of the special mining lease immediately before the commencement of this Act becomes by force of this section the holder of an exploration licence within the meaning of this Act in respect of the area to which the special mining lease applied.

(3)        The company referred to in subsection (2) may apply under section 70 for the grant of one or more mining leases.

Boc erste Wahl ....nur keine Panik verbreiten :)

neuen Gesetz!

110814BCL STATUS CLARIFIED
BY JENNIFER NKUI

The Exploration Licenses for Bougainville Copper Limited (BCL) ceases to apply and exist now that the Transitional Mining Bill has been passed.
This was revealed to New Dawn Fm by the ABG president Chief Dr. John Momis.
The president explained that the Exploration Licenses that BCL is holding onto, the Bougainville Copper Agreement (BCA) and the Special Mining Lease ceases to apply and exist now that the law has been passed.
However, he added that BCL now only has the first right of refusal meaning the ABG gives them the right to come and negotiate.
He said when BCL comes and negotiates; they must meet the conditions of the landowners, the ABG and the people of Bougainville.
Chief Momis said if they meet the conditions, BCL will be allowed to do mining on Bougainville and if not, then Bougainville will have to say goodbye to BCL.
He explained that this is fair because under the international law and under the PNG law, the Bougainville Copper Agreement was made in Australia and it became a law.
He added that under the Bougainville Peace Agreement, Bougainville must recognize other treaties that PNG makes with other countries and if we remove them unnecessarily, they will take us to court.
He stated that if BCL takes us to court, Panguna will not be reopened because no other company would want to come and work with us.
Meanwhile the president said that the ABG has done the best thing which was achieved by freeing its people and they now own the resources and the ABG is ready to negotiate with any company that comes if BCL does not accept our conditions.

Ends  

Das ABG hätte sich mit diesem Gesetz in eine sehr gute Ausgangslage für Verhandlungen mit BCL gebracht:
Rechte auf Bougainville habt ihr(BCL) keine mehr, ihr dürft aber mit uns über Panguna verhandeln. Solltet ihr unseren Forderungen nicht nachkommen, werden wir uns anderweitig umschauen. Und da ihr ja die Chance hattet über Panguna neu zu verhandeln,
könnt ihr uns auch nicht vor Gericht verklagen.

Ich bin gespannt auf die Antwort von Rio Tinto! Welchen Weg werden sie einschlagen?

Um die Frage von kjensw zu beantworten:
Die Verlängerung um weitere 25 Jahre fand unter der Gesetzgebung von PNG statt.
Welche nun mit dem neuen Mininggesetz auf Bougainville hinfällig ist.
BCL könnte auf Einhaltung der Verträge laut internationalem Recht beharren, immerhin haben Australien und Neuseeland für die Einhaltung der Verträge unterschrieben.
Hier würde BCL in einer besseren Ausgangslage stehen, denn BCL hat Zeit, das ABG nicht!

Deswegen wird es hoch interessant, welchen Weg BCL einschlagen wird !!!  

heißt es adiós bcl, heißt es adiós Kompensation.
kein anderes unternehmen hat die Daten, die bcl hat. ohne bcl = abbau wird um etliche jahre nach hinten geschoben...  

BOC hat nicht 25 Jahre umsonst gewartet, da kommt es auf die paar Tage...............;-)))

Die Mining-Bill ist wieder mal ein Meisterstück des Kompromisses.

Die Landeigner bekommen ihren Wunsch erfüllt, das BCA wird annulliert u. die Resourcen gehen in ihren Besitz über.

Für BOC ändert sich nichts, BCL behält die Explorationsrechte, die Verträge mit PNG werden eingehalten.

Das ABG behält die Entscheidungsfreiheit über Mining-Genehmigungen.

Erst wenn BOC kein Interesse an mining hat darf mit anderen potentiellen Kandidaten verhandelt werden.

Fazit: Absolut korrekt, jeder darf sich als Sieger fühlen. ;-)))))

http://www.radioaustralia.net.au/international/...ining-licences/1355

http://www.radioaustralia.net.au/international/...opper/1355338355268

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downunderminer
72 posts.

Date:
   12/08/14
Time:
   23:49:14
Post #:
   13808095
Start of thread:
   
IP:
   120.23.xxx.xxx

   The Explanation attached to the accounts filed by the company have not included the fact that the new Mining Law 2014 was passed last Friday resulting in a massive change of circumstances for all stakeholdrs on Bougainville.

   Why hasn't the company disclosed this fact to the market?

   Hard to imagine a clearer case of requiring immediate disclosure. I tried to buy stock in the market on Friday after the law was changed but there is almost no stock available and there is little change in price.

   I think there would be a change in price if the company disclosed that it has had its SML and EL's cancelled.

...Umdenken oder aber zumindest Verwunderung bzgl. des aktuellen Preises  eingesetzt hat???

Die Jungs sind ja näher dran und und trauen den Insulanern  was die politische Weiterentwicklung anbelangt wenig bis gar nichts zu. ;-))))))))))

Hoffentlich entwickelt sich ja daraus bei einem weiterhin positivem News flow so langsam ein regeres Kaufinteresse.
Mein Ratschlag an diese Gruppe  Aussies wäre sowieso:  schnellstens buy -strong buy.
 

Da ich nachweislich meine Anteile zur Zeit der alten Gesetzgebung von PNG erworben habe, hätte ich doch theoretisch einen Rechtsanspruch auf Erfüllung der Verlängerungsklausel, oder?
 

Rio Tinto subsidiary takes legal advice after being stripped of Bougainville mining licences
by ramunickel

Jemima Garrett | Radio Australia

panguna

With its wealth of precious metals underground, Bougainville is a treasure island. (Credit: ABC)

Rio Tinto subsidiary Bougainville Copper Ltd (BCL) is taking legal advice after Papua New Guinea's autonomous region of Bougainville stripped the company of its exploration licences and the lease on its mine.

The company's Panguna copper mine used to be one of the biggest in the world but it was closed in 1989 after it became the spark which ignited a civil war.

A new Mining Act passed by the Bougainville parliament on Friday devolved power to regulate mining to Bougainville.

It also stripped BCL of its seven exploration licences and its special mining lease over the Panguna mine site.

   "I can't say I am very pleased," said BCL Chairman and Managing Director Peter Taylor, speaking to Radio Australia’s Pacific Beat program from Port Moresby

   "It is not the way I would have preferred to have progressed the possibility of re-opening the mine," he said.

The company is left with just one exploration licence, over the mine site itself.

There are other areas like the port and the access road that are not covered by the licence.

   "What we have been delivered, I am told, is an exploration licence over a part of the former land that we had for mining purposes," Mr Taylor said

   "I am not sure that is enough.

   "Whatever people's view of the project’s value is, and it definitely has a pretty high value, this essentially puts an end to that value.

   "At this stage there is no decision being made to take legal action but the company BCL is obviously taking advice.

   "I wouldn't dismiss (it) although it is not my preferred way of moving forward, my preferred way of moving forward is to negotiate an outcome," he said.

Landowner negotiations

Bougainville's President, John Momis, said landowners would not let the BCL back to Bougainville without the legislation.

The BCL Managing Director says the move pre-empts talks already underway with landowners.

   "The way we have been proceeding is through negotiations," he said.

   "We have a body that has been set up and it has met at least ten times to discuss the future of the mine and that was proceeding rather well, I thought."

The talks include landowning groups, the PNG government, the Autonomous Government of Bougainville, and BCL.

   "The progress that we were making at the joint meeting suggested to me that the majority of landowners did want the company back as the operator, that they did want the mine re-opened," Mr Taylor said.

Some landowner groups still believe BCL has too much power.

   "This mining Bill will likely lay the foundations for another Bougainville crisis," the Panguna Veteran’s Association said in a statement shortly before the new Mining Act was passed.

   "Rio Tinto/BCL owned and controlled our minerals before and it led to the war. Under this Bill, Rio Tinto/BCL owns and will control our minerals.

   "Why would the result be any different this time?’ the statement asked.

An Order of Magnitude Study (OMS) completed by BCL in 2012 found the resource at Panguna still contains over five million tonnes of copper and 19 million ounces of gold.

The capital cost of getting the mine running was put at $US5.2 billion.
ramunickel | August 13, 2014 at 4:13 pm | Tags: ABG, Bougainville, Human rights, John Momis, Landholders, Panguna, Papua New Guinea, Peter Taylor, Rio Tinto | Categories: Financial returns, Papua New Guinea | URL: http://wp.me/pMvf7-3BD  

http://www.radioaustralia.net.au/french/...AEle-de-bcl-%C2%BB/1355746