Trading Bougainville Copper (ADRs) 867948

Nach dem Strohfeuer sind wir wieder in Kürze bei AUD 0,24.... Schade....  

waren es 632,001 die vanguard gehalten hat.

hier haben wir also einen Verkäufer identifiziert.

https://personal.vanguard.com/us/...llHoldingsSort$SortOrder@2b367bfb  

...nochmal richtig Kauflaune heute....  

bei dem Mini-Umsatz?  

OK, Tradegate habe ich übersehen, dann ist schon ein bisschen Kauflaune gewesen...  

und alle aus dem ask, nicht so schlecht  

http://www.radionz.co.nz/international/...ady-to-start-talking-mining

If Bougainville's caretaker president John Momis is re-elected in next month's elections his government will immediately begin discussions on re-opening the Panguna mine.

The huge mine was the catalyst for the civil war that engulfed the Papua New Guinea autonomous region for much of the 1990s.

Mr Momis says a resumption of mining is the only way Bougainville can become economically viable and meet the conditions for a referendum on independence which must be held by 2020.

He says with the new Mining Law now in place guaranteeing local landowners control of their resources he is confident Bougainville can safely resume mining.

"After the election we will be taking immediate steps to talk to Rio Tinto [the parent company of Bougainville Copper Ltd, which had operated the Panguna mine]. We will find out whether they are interested. If they are not we will try another company. Look you know, we can try others."

John Momis.

...............das ist aktuell die grosse Frage.

Seine Wiederwahl würde nach Abschluss der Belkol Zeremonie und dem Beginn der Verhandlungen zur Wiedereröffnung der Pangunamine die Nachfrage nach BOC Aktien zweifelsohne explodieren lassen.Einen kleinen Vorgeschmack darauf konnte jeder in den letzten Wochen beobachten. ;-)))

...die Computerübersetzung Google:
(man benötigt ja nicht viel Fantasie um zu sehen, so wird das was!!!!!)

Wenn Bougainville Präsident John Momis wird bei den Wahlen im nächsten Monat wiedergewählt seine Regierung unverzüglich Gespräche über die Wiedereröffnung der Mine Panguna.

Die riesige Mine war der Auslöser für den Bürgerkrieg, der die Papua-Neuguinea autonomen Region für einen Großteil der 1990er Jahre verschlungen.

Herr Momis sagt eine Wiederaufnahme der Bergbau ist der einzige Weg Bougainville wirtschaftliche Leistungsfähigkeit und die Voraussetzungen für ein Referendum über die Unabhängigkeit, die im Jahr 2020 festzustellen.

Er sagt, dass mit der neuen Berggesetz nun vorhanden garantieren lokalen Landbesitzern die Kontrolle über ihre Ressourcen, er sei zuversichtlich, Bougainville sicher Bergbau wieder aufgenommen wird.

"Nach den Wahlen werden wir sofort Maßnahmen ergreifen, um den Rio Tinto [der Muttergesellschaft von Bougainville Copper Ltd, die die Panguna Mine betrieben hatte]. Wir werden herausfinden, ob sie interessiert sind zu sprechen. Wenn sie nicht sind, werden wir versuchen ein anderes Unternehmen . Schauen Sie wissen, können wir andere versuchen. "  

https://ramumine.wordpress.com/2015/04/


... April 10, 2015 · 1:22 pm
New Dawn FM and the Bougainville mining lobby machine?...

So sieht die Argumentation der ewig gestrigen aus. Kann man eine solche Bericht- Erstattung ernst nehmen ??? Wohl eher nicht. ;-))))

 

???
The Group owns 53.83 per cent of the issued share capital of BCL. Mining has been suspended at the Panguna mine since 1989. Safe access by
employees has not been possible since that time and an accurate assessment of the condition of the assets cannot therefore be made. Considerable funding would be required to recommence operations to the level which applied at the time of the mine’s closure in 1989. An Order of Magnitude study completed by BCL in 2013 indicated an estimated capital requirement of US$5.2 billion to reopen the mine assuming all site infrastructure is replaced. Rio Tinto does not have control over BCL under IFRS, as defined in note 1, as it does not have the current ability to direct the activities that affect its returns, being the mining and sale of ore from the Panguna mine; it is therefore not a subsidiary.
On 18 August 2014, in light of developments in Papua New Guinea, including the new mining legislation passed earlier that month by the Autonomous Bougainville Government, the Group announced a strategic review of all options in relation to the 53.83 per cent stake in BCL.

http://www.riotinto.com/documents/RT_Annual_report_2014.pdf

Quelle : http://www.pngindustrynews.net/...p;sectionsource=s213&aspdsc=yes



New Bougainville mining law now in force
Thursday, 2 April 2015

BOUGAINVILLE’S new mining law came into force yesterday, prompting Bougainville Copper Ltd directors to consider the company’s position.

While seeking out advice on how the Bougainville Mining Act 2015 will affect the company, BCL also revealed that the mining registrar has been directed to not accept or register any applications for tenements under the new legislation prior to October 1 of this year.

The Act was passed on March 26, which aims to protect the mineral rights and needs of landowners by giving them the “highest level of protection”, according to Autonomous Bougainville Government President John Momis.

As mining was an activity that affected all Bougainvilleans, provisions were made to also protect people who suffer from environmental and social impacts of large-scale operations.

“In particular, the owners will have power to stop either or both exploration on their land, or the grant of a mining licence over their land,” he said.

“In a place as small as Bougainville, large mines have impacts on every part of the region. It would be the responsibility of the ABG to look after impacts on all people.

“This would include ensuring that there was a spread of economic benefits as inequitable development would only cause divisions and conflict.”

Momis also said that the ABG preferred small-scale alluvial mining to larger projects.

“Bougainvilleans can do small scale or artisanal mining, under community mining licences and artisanal mining licences,” he said.

“There is also provision allowing companies controlled by landowners to apply for exploration licences over land owned by those landowner’s. These are new directions for mining law in Bougainville.  

http://www.theaustralian.com.au/business/...0Mining%20and%20energy%29

Rumbles from the jungle as Bougainville mine stirs

THE AUSTRALIAN APRIL 13, 2015 12:00AM

Even the long-suffering Bougainville Copper board, which has witnessed cargo cults, wars, and the closure of its own vast mine, was puzzled when its share price soared 50 per cent a week ago.

For this sudden surge of confidence appeared, oddly, to have been triggered by troubling news for the company — the commencement of a new Mining Act passed by the Bougainville autonomous region’s parliament, which hands back control of all resources to landowners.....


 

https://ramumine.wordpress.com/2015/04/13/...bougainville-mine-stirs/

Rowan Callick | The Australian

Even the long-suffering Bougainville Copper board, which has witnessed cargo cults, wars, and the closure of its own vast mine, was puzzled when its share price soared 50 per cent a week ago.

For this sudden surge of confidence appeared, oddly, to have been triggered by troubling news for the company — the commencement of a new Mining Act passed by the Bougainville autonomous region’s parliament, which hands back control of all resources to landowners.

The future of the Bougainville mine, which still contains copper and gold worth about $50 billion, is tied up with its complex past, with the long geopolitical shadow cast by the 1989-2001 civil war on the island — and with cargo-­cultist hopes held out by local leaders allied to eccentric foreigners constantly seeking to seize control of the resources from BCL.

The ASX issued a “speeding ticket”, asking the company to explain the April 2 share price leap. BCL replied that it couldn’t.

The price had slid back down to 28c by Friday.

The directors of the company, which is 53.58 per cent owned by Rio Tinto, 19.06 per cent by the Papua New Guinea government, and 27.36 per cent by other shareholders, are trying to juggle an enormous range of unknowns and variables, without even the compensating benefits of having a mine to run.

It has remained closed since May 1989, and would cost upwards of $6.5bn to reopen.

The big questions hanging over the mine right now include: who will run the Autonomous Bougainville Government after the election due at the end of May? Nine figures are contending the presidency, including several former combatants, with the front runners probably former Catholic priest John Momis, the veteran incumbent, and Sam Akoitai, a former national mining minister.

The next government will have the responsibility of setting the parameters for the referendum on independence that must happen at some time during the five years from this July.

What will be the response of the national government led by Prime Minister Peter O’Neill to the new Bougainville mining law? National legislation insists that, as in Australia, such resources are owned by the state.

And Mr O’Neill has hired Peter Graham, who led the remarkably successful construction of the country’s first liquefied natural gas project for ExxonMobil, to manage the Ok Tedi mine, which the Port Moresby government nationalised — and may be eager to deploy his skills to reopening Bougainville too, if Rio chooses to sell to PNG.

What does Rio itself want? At the end of 2014, it announced from London that it was reviewing its BCL stake.

It has not entirely lost its stomach for complex, ever-changing negotiations in developing countries with governments lacking the disciplines of party politics — managing director Sam Walsh only recently flew to Mongolia for talks about the constantly challenging Oyu Tolgoi copper and gold mine there.

But it could follow BHP-­Billiton, after its Ok Tedi debacle, in placing PNG in the ultimately-too-hard basket.

The key question is what do the landowners want? If they don’t want a mine back, it won’t happen.

Many do favour a reopening, since they see no alternative source of income for their families on the horizon — the agricultural potential for Bougainville is all on the coast, rather than in the mountains.

But they are themselves split into about nine recognisable factions — whereas at the time the mine was set up, during Australian colonial days, they spoke as a unified group.

The legislation does not specifically mention the BCL mine, because it is intended to cover the whole of the highly prospective region, which has since the onset of the civil war attracted growing numbers of carpetbaggers seeking to set up their own private operations — almost always seeking gold — in collaboration with ex-combatants who often retain guns.

Formerly, BCL was granted the only mining licence in Bougainville, which it still holds — but from the PNG government — while the Bougainville government now says its legislation supersedes the national legislation, under the accord agreed at the peace conference that ended the conflict.

The company is not only governed by legislation, but operated the mine under a contract with the PNG government that remains in force.

Peter Taylor, who has been chairman of BCL for 12 years, said that “the Bougainville government seems to want the mine reopened, but we have to sit down around a table and see what’s do­able.”

He said he remained confident that “if there’s a will there to get the mine reopened, we will find a way. But we’re talking a long lead time.’

When the first study about reopening was conducted, the copper and gold prices were lower than today — but that’s not the key issue: “We’re a mining business, not a trading business,” he said.

“It will happen only if the government and the landowners want it to happen.”

President John Momis, who has driven Bougainville’s new Mining Act, said that with it, “we are completely rejecting the terrible past. The Act recognises that all owners of customary land own all minerals in, on and under their land.” And now those who joined the civil war on the side of the Bougainville Revolutionary Army based around the mine site at Panguna, are also entitled, under custom, to share in any proceeds from that land.owan Callick | The Australian

Even the long-suffering Bougainville Copper board, which has witnessed cargo cults, wars, and the closure of its own vast mine, was puzzled when its share price soared 50 per cent a week ago.

For this sudden surge of confidence appeared, oddly, to have been triggered by troubling news for the company — the commencement of a new Mining Act passed by the Bougainville autonomous region’s parliament, which hands back control of all resources to landowners.

The future of the Bougainville mine, which still contains copper and gold worth about $50 billion, is tied up with its complex past, with the long geopolitical shadow cast by the 1989-2001 civil war on the island — and with cargo-­cultist hopes held out by local leaders allied to eccentric foreigners constantly seeking to seize control of the resources from BCL.

The ASX issued a “speeding ticket”, asking the company to explain the April 2 share price leap. BCL replied that it couldn’t.

The price had slid back down to 28c by Friday.

The directors of the company, which is 53.58 per cent owned by Rio Tinto, 19.06 per cent by the Papua New Guinea government, and 27.36 per cent by other shareholders, are trying to juggle an enormous range of unknowns and variables, without even the compensating benefits of having a mine to run.

It has remained closed since May 1989, and would cost upwards of $6.5bn to reopen.

The big questions hanging over the mine right now include: who will run the Autonomous Bougainville Government after the election due at the end of May? Nine figures are contending the presidency, including several former combatants, with the front runners probably former Catholic priest John Momis, the veteran incumbent, and Sam Akoitai, a former national mining minister.

The next government will have the responsibility of setting the parameters for the referendum on independence that must happen at some time during the five years from this July.

What will be the response of the national government led by Prime Minister Peter O’Neill to the new Bougainville mining law? National legislation insists that, as in Australia, such resources are owned by the state.

And Mr O’Neill has hired Peter Graham, who led the remarkably successful construction of the country’s first liquefied natural gas project for ExxonMobil, to manage the Ok Tedi mine, which the Port Moresby government nationalised — and may be eager to deploy his skills to reopening Bougainville too, if Rio chooses to sell to PNG.

What does Rio itself want? At the end of 2014, it announced from London that it was reviewing its BCL stake.

It has not entirely lost its stomach for complex, ever-changing negotiations in developing countries with governments lacking the disciplines of party politics — managing director Sam Walsh only recently flew to Mongolia for talks about the constantly challenging Oyu Tolgoi copper and gold mine there.

But it could follow BHP-­Billiton, after its Ok Tedi debacle, in placing PNG in the ultimately-too-hard basket.

The key question is what do the landowners want? If they don’t want a mine back, it won’t happen.

Many do favour a reopening, since they see no alternative source of income for their families on the horizon — the agricultural potential for Bougainville is all on the coast, rather than in the mountains.

But they are themselves split into about nine recognisable factions — whereas at the time the mine was set up, during Australian colonial days, they spoke as a unified group.

The legislation does not specifically mention the BCL mine, because it is intended to cover the whole of the highly prospective region, which has since the onset of the civil war attracted growing numbers of carpetbaggers seeking to set up their own private operations — almost always seeking gold — in collaboration with ex-combatants who often retain guns.

Formerly, BCL was granted the only mining licence in Bougainville, which it still holds — but from the PNG government — while the Bougainville government now says its legislation supersedes the national legislation, under the accord agreed at the peace conference that ended the conflict.

The company is not only governed by legislation, but operated the mine under a contract with the PNG government that remains in force.

Peter Taylor, who has been chairman of BCL for 12 years, said that “the Bougainville government seems to want the mine reopened, but we have to sit down around a table and see what’s do­able.”

He said he remained confident that “if there’s a will there to get the mine reopened, we will find a way. But we’re talking a long lead time.’

When the first study about reopening was conducted, the copper and gold prices were lower than today — but that’s not the key issue: “We’re a mining business, not a trading business,” he said.

“It will happen only if the government and the landowners want it to happen.”

President John Momis, who has driven Bougainville’s new Mining Act, said that with it, “we are completely rejecting the terrible past. The Act recognises that all owners of customary land own all minerals in, on and under their land.” And now those who joined the civil war on the side of the Bougainville Revolutionary Army based around the mine site at Panguna, are also entitled, under custom, to share in any proceeds from that land.

0.315
13 Apr 2015   0.035 12.5%

Auch nicht schlecht ;-))))

 

in AU noch auf 33 Cent gehüpft  

 

http://www.radioaustralia.net.au/international/...bias-denied/1436230


The Bougainville Freedom Movement's Vicki John says New Dawn FM is being influenced by Bougainville Copper Limited, and this is making it difficult for the anti-mining lobby to get its message out.

But New Dawn boss Aloysius Laukai denies that, insisting that most Bougainvilleans do want mining to resume.

Presenter: Bruce Hill

Speakers: Vicki John, Bougainville Freedom Movement; Aloysius Laukai, New Dawn FM Manager

Zitat: .........Peter Taylor, who has been chairman of BCL for 12 years, said that “the Bougainville government seems to want the mine reopened, but we have to sit down around a table and see what’s do­able.”

He said he remained confident that “if there’s a will there to get the mine reopened, we will find a way. But we’re talking a long lead time........

Das ist doch ein klares Statment von BCL und das kann man demzufolge auch ernst nehmen. Die eigenen Ansichten dazu von den unterschiedlichen Personen/Gruppen/mini Gruppen lesen wir vor dem re-opening und werden wir auch danach immer lesen können.

Selbst dann wenn schon längst gefördert wird und wieder Dividenden von BCL gezahlt werden können  ;-)))))

 

... also kann man fasst davon ausgehen,
dass wir das "schnelle Geld" (sprich: schneller Verkauf) zumindest vorerst wohl nicht erleben werden.
 

...also ich mit absoluter Sicherheit nicht..... und ich glaube jeder der das Geld nicht in die Hand nehmen muß wird sich das reiflich überlegen.

Es ist ja keine  Schande mit dem Kopf vor die Wand zu laufen.Gedanken sollte man sich aber dann machen wenn es immer wieder passiert und dann zu allem Überfluss immer wieder die gleiche Stelle. ;-)))))))
Nur meine Meinung.  

vielen Dank!  

ne, ne, ich verkaufe jetzt nicht einfach so !!!!!

Mein Posting zuvor bezog sich auf Aussagen-?- von RT von vor einiger Zeit,
man werde sein Engagement bei BCL überdenken
-und evtl abstoßen-.
Und wenn dieses in 2015/2016 evtl geschehen würde,
würden wir ja wohl   2 - xxx Euo   pro Share  auf einmal bekommen,
anstatt das der Kurs pö a pö langsam steigt.

Carlchen
 

...wie es kurzfristig weiter geht bzw. welche Entscheidungen wahrscheinlicher werden sind ja z.Zt. Top Secret. Auf der  HV am 29.04 wird das Thema *re-opening Panguna durch Hilfe von größtem shareholder RT* sicher nicht ignoriert werden.

50% sind Psychologie an der Börse ;-)). Das bedeutet: es muß doch gar kein rechtsverbindlicher Vertrag veröffentlicht werden, Verhandlungsergebnisse positive wie negative reichen, und der Preis / share steigt mit sehr viel Luft nach oben. Wenn dann Gewissheit herrscht bzgl. der weiteren Entwicklung (RT/China) ist das schon eingepreist.
Bei bocaufboc steht immer am Schluss :
´the train left the station 2014´ da erübrigt sich doch die Frage nach dem abspringen in voller Fahrt. ;-)))))