Trading Bougainville Copper (ADRs) 867948

http://www.radionz.co.nz/international/...ns-groundwork-on-referendum

The outgoing Bougainville government has started laying the groundwork for a referendum to be held on possible independence from Papua New Guinea.

That vote has to occur by 2020 at the latest and will be the key issue for the new parliament to be elected next month.

To help meet the conditions laid down in the Bougainville Peace Agreement for the question to be put, the autonomous region's chief administrator, Chris Siriosi, is heading the newly set up Office of the Bougainville Referendum.

He says with the help of a New Zealand expert they have established the areas they need to focus on.

"Most important of which is the consultations with the people of Bougainville - engagment with the people of Bougainville and Papua New Guinea. Work stream number two is the weapons disposal assessment. Work stream number three is the criteria enabling non-resident Bougainvilleans to vote."

.....BID ist gut gefüllt und die Verkaufsseite ist ziemlich dünn. auch nach dem 50% Kursanstieg gibt es kaum Gewinnmitnahmen.

Knackpunkte

4.2015 HV / Steuerstreit  
5.2015 Präsidentschaftswahlen

Mit Momis u. Akoitai sind 2 potentielle Panguna Wiedereröffnungsbefürworter am Start.

2015-2020 Referendum über die Unabhängigkeit von PNG

Hier setzt sich auf der Insel immer mehr die Erkenntnis durch dass eine politische Unabhängigkeit ohne finanzielle Independance unmöglich ist so dass Mining unabdingbar ist. Und vom Zeitrahmen her kommt dabei nur die Wiedereröffnung der Pangunamine in Frage.

140415 SAD DAY FOR THE PEOPLE OF KONNOU
By Aloysius Laukai

The biggest constituency on Bougainville, KONNOU which is in the East coast of South Bougainville will again miss out in voting as they are not free to cast their votes in the 2015 ABG General elections.
Reports reaching New Dawn FM says that parts of Konnou that is from TABAGO Mission up to the mountain ranges have been banned for any campaign by the Commander of Meekamui in the area, DAMIAN KOIKE.
Despite these set backs the people in these areas have voted in other places other than their area in all the elections that Bougainville held after the conflict.
Reasons for the ban is not known but local chiefs are trying to negotiate with the Commander to allow the election process to be carried in these areas.

Ends  

KOIKE Damien.jpg
KOIKE Damien

Me'ekamui commander in Central Bougainville now terrorist and probable murder suspect.

http://www.bougainville-copper.eu/in-bougainville-3.html  

compensation, compensation  

war schon für den letzten Kursverfall zuständig. als er mit der schiesserei begann, fingen die kurze an zu fallen.
 

....verstehe ich nicht zu vorgerückter Stunde;-((.......
Gewollt ?  ;-))
kannst du mal bitte auf die Sprünge helfen ??
Danke ;-)))......
 

da gab es eine Schießerei unter koike. er hat da ein paar Leute ermordet mit seinen schergen. das war z zeigen, als der kurs bei einem euro war. ich erinnere mich nicht mehr genau an die Umstände, sehr wohl aber daran, dass der Kurs danach nur noch bergab ging. es kam mir damals so vor, als würde er mit Absicht Unruhe stiften weil mit der mine alles sehr positiv voranging. danach kam dann das auch heute noch sehr wichtige Thema weapons disposal auf  

31.05.2011 The National


Ex-combatant says Koike allegedly lead criminal acts


ONGOING criminal activities in the Konnou constituency of South Bougainville have now spilled into the Kokoda district in Central Bougainville, former commander of Wissai Liberation Movement (WILMO) commander Philip Pusua said.
He said criminal activities allegedly led by former combatant Damien Koike had increased to such a degree that civilians “are being forced to pick up arms to protect themselves”.
“Koike and his men are using boats to call in at certain locations in the Laluai to Arawa segment of the highway, setting an am­bush and patrolling to shoot down former WIL­MO members,” he said.
Pusua challenged the South Bougainville leaders and ABG to take immediate action.
He warned if no action was taken, more lives would be lost and the blood of the deceased would be on the hands of leaders.
“We, the leaders from Konnou and Wissai, will petition the ABG to engage a neutral force to address the lawlessness in our area,” Pusua said.
He said there was no political agenda in the Konnou conflict and the murdering of men, women and children and the confiscating of land by force from the landowners were criminal offences and human right abuses.
Pusua said he had revoked resolutions reached by South Bougainville leaders at a peace meeting on May 21 in Buin.
He said the meeting endorsed Buin peace team to approach Koike through peaceful negotiation to find a lasting solution for the Konnou conflict.
He said he revoked the South Bougainville leaders resolution because:
* Buin peace team endorsed by southern leaders was not neutral;
* Buin team failed to get Koike from Tonu and repatriate him to his home village at Mohoroi in the Konnou area, instead he alleged team members sent Koike to Wissai by supplying him with equipment for processing gold to buy bullets and weapons to kill landowners on their own land in the Wissai area;
* The Buin team had helped Koike buy an outboard motor which enabled him to move around and conduct criminal activities in Bougainville and Solomon Islands.

30.06.2011The National

Fighters agree to bury hatchet with criminals

By STEPHANIE ELIZAH


FORMER Bougainville freedom fighters have agreed to form a peace-seeking committee to meet with notorious criminal Damien Koike and three other armed groups in the Konnou area.
In an effort to stop the conflict in the Konnou constituency of South Bougainville, 110 former combatants yesterday met with Bougainville vice-president Patrick Nisira at the Tsiroge Catholic retreat centre in North Bougainville.
Led by former Bougainville Revolutionary Army leaders Sam Kauona, Ishmael Toroama and Panguna Me’ekamui hardliner John Duni, they resolved to meet with Koike and leaders of the three other armed groups in the Konnou area.
The committee will focus on establishing a peaceful settlement with Koike and his band of criminals who are alleged to have killed more than 50 civilians, including women and children, since 2006.
They will meet with members of the Wissai Liberation Movement, who are alleged to have retaliated by killing Koike’s men, including the outlaw’s spiritual leader, Andrew Manden.
Last week, Wilmo leaders, fed up with the killings allegedly by Koike, retaliated and killed five of
Koike’s men, including Manden.
The peace-keeping committee is expected to leave for Konnou and Sininai as soon as the ABG provides funding.
Toroama said the re-occurrence of the Konnou conflict was a direct result of the former commander’s refusal to take part in the implementation of the weapons disposal plan which was brokered by the United Nations observer mission on Bougainville in 2005.
“We in the BRA implemented the United Nations-sponsored weapons disposal exercise without the help of Me’ekamui and now all of us have to get back there and stop what they are doing, without of course the use of the gun,” Toroama said.
The ex-commanders rallied support for the Autonomous Bougainville Government and restated their commitment for total peace, stability and support for economic recovery in the region.
Nisira stressed the need for a united Bougainville in order to ensure a referendum for independence was held.
“The situation in Konnou, Tonu and Sininai must be addressed in order for unification, peace and stability to find its roots in the hearts and minds of our people,” he said.
“This is our land, our community and we must do everything possible to protect it.
“This is what we stood for in the beginning and we should continue to stand for it today,” Nisira said.


9.04.2011 Post-Courier

Group wary of rebel threat


THE Autonomous Bougainville Government has been given a petition by a group of fighters providing defence to the Me’ekamui Defence Force criminal elements in south Bougainville.
The petition, by the Moongai Homeguards, a self-appointed group, claim they got permission and approval from the Bougainville Police to take up arms just to defend or protect their community and their population in the Konnou Constituency, from being harmed by Me’ekamui Defence Force elements like Damien Koike and his lot.
Mr Koike is asking for the group with others to be dismantled, but the Homeguards refused their demands and instead have presented this petition to the ABG with the aim of solving the problem.
The petition, signed by about 25 chiefs, freedom fighters and Moongai Homeguards, detailed that they seriously needed help from the ABG and the United Nations to intervene to sort the issue.
They have warned that since the MDF were refusing to co-operate and reconcile - and failing the process, they would take another step of asking for a special armed force unit or a RAMSI type United Nations peace keeping force.
“Please president John Momis, you must take this delicate situation very seriously as your number one priority for your government’s immediate action to neutralise the critical and very dangerous situation before more blood is shed and lives are lost. We appeal that you give us a positive response to this very critical and dangerous situation,” the team wrote in the petition to Mr Momis.

“The Autonomous Bougainville Government (ABG) has been deeply concerned at the possibility that Rio and PNG might be contemplating trading shares in BCL. The only valuable asset that BCL has is its limited rights over minerals at Panguna. Trading in Bougainville’s minerals between Rio and the Australian colonial Administration occurred in the 1960s, without any reference to Bougainville. We cannot allow a new form of colonial dealings in Bougainville’s resources to occur.”

President John Momis has called for the Prime Minister O’Neill and the global mining giant , Rio Tinto, to reveal any dealings between PNG and Rio Tinto in Rio Tinto’s shares in Bougainville Copper Ltd (BCL).

Rio Tinto is the majority shareholder in BCL, with 53 per cent equity. In August 2014, Rio Tinto announced a review of its investment in BCL.

The President said:

“For over a year now, Prime Minister O’Neill has expressed interest in the National Government taking control of BCL. He proposes that PNG operate the Panguna mine in Bougainville in the same way it operates the Ok Tedi mine. The Prime Minister expressed that view to me early in 2014, and to members of the Bougainville group known as the Me’ekamui Government of Unity.

“In 2014 I made two strong statements against the Prime Minister’s proposal, the most recent dated 11 December. In that statement, and in a letter to the Prime Minister of 11 December, I made it clear that all decisions about mining in Bougainville must be made by the Autonomous Bougainville Government. I also spelt out that it would be completely unacceptable to Bougainvilleans for the National Government operate the Panguna mine.

“The Prime Minister replied in a letter dated January, but not received by me till late March. Amongst other things he said the National Government had no intention of taking control of the Panguna Mine.

“But as yet unconfirmed information available to me indicates that the National Government may be planning to purchase the Rio Tinto 53 per cent share in BCL. The National Government has always held 19.3 per cent of the BCL shares, and so if it takes Rio’s shares it would own over 72 of the equity.

“On 20th March, I wrote to BCL, seeking advice from either BCL or Rio Tinto, about the whether such share transactions between Rio and PNG were under discussion or preparation. I received a brief reply from Rio, addressed to BCL but passed on to me, dated 23 March.

The letter simply stated that ‘Rio Tinto … was reviewing its options with respect to its stake in Bougainville Copper Limited. This review is continuing.’

“The Autonomous Bougainville Government (ABG) has been deeply concerned at the possibility that Rio and PNG might be contemplating trading shares in BCL. The only valuable asset that BCL has is its limited rights over minerals at Panguna. Trading in Bougainville’s minerals between Rio and the Australian colonial Administration occurred in the 1960s, without any reference to Bougainville. We cannot allow a new form of colonial dealings in Bougainville’s resources to occur.

“Secret dealings of this kind are completely unacceptable to the people of Bougainville and so the ABG. It would be equally unacceptable to the people of Bougainville for the National Government to try to take control of Panguna. As I said in my public statement in December: ‘Any attempt by the National Government to control mining in Bougainville could cause Bougainvilleans to lose all faith in the BPA (Bougainville Peace Agreement). Many would refuse to work with the National Government any more. They would want immediate independence. It would be a recipe for undermining, perhaps even destroying, support for the BPA.’

President Momis said that as a result of the gravely serious issues involved, he was now calling on both the Prime Minister and Rio Tinto to clarify the position: ‘They must state publicly and clearly whether or not either of them is planning, or is in any way involved, in preparing for or conducting, any transaction involving transfer of Rio Tinto’s shares in BCL, either to the PNG Government or to any entity controlled by or involving PNG’.

The President also said that as a result of ABG mining laws passed in August 2014 and March 2015, the only legal right BCL has in Bougainville is an exploration licence over the former Special Mining Lease at Panguna. He said:

“That exploration licence is intended to put BCL in the same position as any exploration licence holder that has completed exploration, and wants to apply for an negotiate about possible grant of a mining licence. It gives BCL a right to negotiate the conditions on which it might be allowed to resume mining, but only if it gets permission from both customary landowners and the ABG.

“It is normal for mining laws to allow withdrawal of an exploration licence if there are any commercial dealings in the licence in the first two years after it is granted. In passing the Bougainville Mining Act 2015 in March, the ABG House of Representatives amended section 112 of the Act to make it clear that dealings in more than 25 per cent of the shares in any company holding an exploration licence will also allow withdrawal of the licence.

“Both Rio Tinto and the Prime Minister need to be aware that transfer of Rio’s shares in BCL in the two years since BCL’s exploration licence came into operation, in August 2014, will result in action to withdraw that licence. In the meantime, I call on them to clarify the issues I am raising in this statement”

Chief John. L. Momis

im Grunde genommen war das ja klar, das niemand anders außer Png und Rio so vielen Stücke hin und her kaufen.  

hier wird sich bald einer outen
bin mal gespannt ob die Drohungen von Monis ernst genommen werden  

@raphael: bis 31.12.2014 wurden aber weder von RIO noch PNG
kein share verkauft bzw. gekauft (siehe annual report, deren Bestände
blieben immer gleich).

RIO kann die Drohung von Momis egal sein, wenn sie einen Käufer zu
einem vernünftigen Preis finden. Aber was ist für RIO ein vernünftiger Preis?

Zwischen den Zeilen von Momis ist für mich zu erkennen dass:
1. die momentane Share Verteilung der Grossaktionäre von BCL akzeptiert ist.
2. die shares von BCL werthaltig sind
3. eine Wiedereröffnung von Panguna unter Führung von RIO größtenteils
 akzeptiert wird.
4. PNG aussen vor bleiben muss, damit aus der Geschichte was wird.
 (was eigentlich schon immer klar war)

Also wenn RIO cool abwartet (wie bisher) dann siehts doch ganz gut aus.
Eher sollte PNG seine shares abgeben.  

ich dachte PNG hätte seine shares schon lange an ABG übertragen sollen.
das PNG nun shares kaufen will ist schon seltsam. allein in den letzten Monaten sind mehrfach >1.000.000 stücke verkauft worden. das kann doch nur von PNG oder RIO kommen. wer sonnst soll bei einem free float von 100.000.000 stücke von denen wiederum 70% in festen Händen sind solche Stückzahlen abgeben?
dass das dann nicht ausgewiesen wird... naja, dazu sagt Mamis ja deutlich, dass das ein geheimer deal ist...  

http://www.buysellsignals.net/bcllandowners/Newsletter.do
National Government to transfer its  76,430,809 shares in BCL to LABG [Landowners and ABG]  

http://bougainvillenews.com/2015/04/15/...ng-rio-tinto-shares-in-bcl/  

.................wenn die Chin. auch bei BOC.......;-)))))

https://ramumine.wordpress.com/2015/04/15/...-landowners-have-no-say/

April 15, 2015 · 1:23 pm

Foreigners barter for control of Frieda river mine while landowners have no say

Big profits to be made in this foreign auction of PNG resources – but none of that money will filter back to PNG…
Will the Chinese or the Australian's get to destroy the Frieda river?

Will the Chinese or the Australian’s get to destroy the Frieda river?

PanAust Rejects New A$1.1 Billion Guangdong Offer as Too Low

James Paton | Bloombeg

PanAust Ltd. rejected a new bid from China’s Guangdong Rising Assets Management Co. that valued the copper producer at A$1.1 billion ($840 million) as too low.

Guangdong Rising, PanAust’s largest shareholder, should pay more than A$1.71 a share if it wants to boost its ownership, the Brisbane-based company said Wednesday. PanAust rose as much as 0.9 percent to A$1.755 in Sydney trading.

“With PanAust’s share price now trading above the GRAM offer price, it suggests that the market also agrees with this view,” according to the statement. The PanAust board is open to talking with the state-owned Chinese investor to determine whether the two sides can agree on a price, the company said.

Guangdong’s cash offer, 40 percent higher than PanAust’s share price before the bid last month, is “unconditional and not subject to the board’s recommendation,” the Chinese company said in a separate statement.

The cash bid in March was unsolicited and made when both the producer’s shares and copper and gold prices were trading at or near five-year lows, PanAust said at the time.

PanAust, seeking to develop one of the world’s largest undeveloped copper and gold deposits at Frieda River in Papua New Guinea, last year rejected Guangdong Rising’s previous offer of A$2.30 a share

....interesanter Artikel. Sehr gut gefällt mir auch dieses Bild. ;-))))  

http://bougainvillenews.com/2015/04/16/...e-minister-oneill/#comments

“President Momis has been informed of whatever talks we have with other shareholders of BCL, only because the State is a second biggest shareholder. My statement in Arawa and Panguna remain very relevant today, that there are no mine opening talks until landowners and the people of Bougainville are ready.

President Momis should stop blaming the Papua New Guinea Government for all that is going wrong in Bougainville and accept some responsibility as he has been in charge for many years now.”

Comment from the Prime Minister, Hon. Peter O’Neill CMG MP, following the release of a statement by President John Momis of the Autonomous Region of Bougainville relating to Bougainville Copper Limited (BCL) shares:

“The Autonomous Bougainville Government (ABG) has been deeply concerned at the possibility that Rio and PNG might be contemplating trading shares in BCL. The only valuable asset that BCL has is its limited rights over minerals at Panguna. Trading in Bougainville’s minerals between Rio and the Australian colonial Administration occurred in the 1960s, without any reference to Bougainville. We cannot allow a new form of colonial dealings in Bougainville’s resources to occur.”

Full Momis statement here

President John Momis has called for the Prime Minister O’Neill and the global mining giant , Rio Tinto, to reveal any dealings between PNG and Rio Tinto in Rio Tinto’s shares in Bougainville Copper Ltd (BCL). Rio Tinto is the majority shareholder in BCL, with 53 per cent equity. In August 2014, Rio Tinto announced a review of its investment in BCL.

“The Government of Papua New Guinea is a shareholder in Bougainville Copper Limited. Mr O’Neil went on to say

“We have had discussions with other shareholders of BCL on a range of issues including the reopening of the Mine and disposal of shares by existing shareholders including Rio Tinto.

“There are no secret deals and we are disappointed that President Momis is trying use this issue at the time of the election that is taking place today.

Aloysius Laukai a publié dans Bougainville Forum

          §  
                    §
Aloysius Laukai
16 avril, 03:48

150415ONE HUNDRED SEVENTY THREE THOUSAND REGISTERED

By Aloysius Laukai

The Bougainville Electoral Commissioner, GEORGE MANU today announced the completion of the Bougainville Common role in preparation of polling that will commence on May 11th, 2015.
The Commissioner made this announcement in one of his weekly programs on NEW DAWN FM.
He praised the 2015 COMMON ROLL stating that they managed to register additional TWENTY THOUSAND eligible voters in the final roll making the final number registered to ONE HUNDRED AND SEVENTY THREE THOUSAND ELIGILE VOTERS.
MR. MANU also announced that his office has been busy running trainings for the Electoral officials to make sure they are fully equipped for this election.
The Bougainville Electoral Commissioner also acknowledged the UN Electoral advisors for organizing training for the scrutineers.
And he called on the candidates to make sure they send some of the scrutineers for these free trainings so that they can go back and train their other scrutineers.

He said these free trainings will be organized in each of the three regions of Central, South and North Bougainville.

Ends

“Rio Tinto … was reviewing its options with respect to its stake in Bougainville Copper Limited. This review is continuing.”

https://ramumine.wordpress.com/2015/04/17/...g-over-rio-tinto-claims/

.....“We have had discussions with other shareholders of BCL on a range of issues including the reopening of the mine and disposal of shares by existing shareholders including Rio Tinto,” the PM said.

“There are no secret deals and we are disappointed that President Momis is trying use this issue at the time of the election that is taking place today.

“President Momis has been informed of whatever talks we have with other shareholders of BCL, only because the State is a second biggest shareholder,” said the PM.

“My statements in Arawa and Paguna remain very relevant today, that there are no mine opening talks until landowners and the people of Bougainville are ready.

“President Momis should stop blaming the Papua New Guinea Government for all that is going wrong in Bougainville and accept some responsibility as he has been in charge for many years now.

.....Zügig die  shares an das ABG übertragen ohne wenn und aber und wir wären  einen Riesenschritt weiter im Zeitplan.  ;-))))

 

"............Zügig die  shares an das ABG übertragen ohne wenn und aber und wir wären  einen Riesenschritt weiter im Zeitplan.  ;-))))"

Ein eleganter Schachzug von Momis um mit dieser Diskussion die Aufmerksamkeit auf diesen noch offenen Punkt zu lenken.Wenns klappt so wäre auch seine Wiederwahl quasi garantiert ;-))

http://copperinvestingnews.com/...m=0_f83d87db0f-68f3bf1b6f-240700777

Click here to view the full text of the speech and presentation slides on Rio Tinto’s website.

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