Trading Bougainville Copper (ADRs) 867948

Source:
The National, Friday May 1st, 2015

By GYNNIE KERO
BOUGAINVILLE Copper Ltd (BCL) chairman Peter Taylor (pictured) says mining at Panguna, Bougainville, will not recommence unless the landowners,
the Autonomous Bougainville Government, National Government all agree.
He said that regardless of whether recent studies into reopening the mine were economically attractive.
“More detailed studies are required to confidently determine the potential economic viability of re-opening the mine,” Taylor said.
“Only upon completion of those studies will the board (BCL) be sufficiently informed to take a decision whether to proceed with financing and commencement of construction.
“The time-line to first production could be between five and seven years from the date of approval and financing.
“Several other studies were initiated by the company, in conjunction with the Bougainville administration, aimed at providing a clearer picture of the environmental conditions, the needs of the population, training and employment readiness, as well as land ownership and social mapping.
“If further studies confirm that recommencement of mining is economically attractive, mining at Panguna cannot recommence unless all parties: the landowners, the Autonomous Bougainville Government, the National Government of PNG and BCL, are acting in close accord.
“But Rio Tinto is reviewing its position.”
When asked about the production potential of Panguna, Taylor said: “I’m quite optimistic that it is quite a good resource that will be someday operated again.”
He added that before the copper- gold project’s closure in 1989, BCL produced 50 million tonnes of ore per year.
He said recent studies indicated if the mine were to be reopened its yearly production would be around 60-90 million tonnes of ore.
BCL is a subsidiary of Rio Tinto which holds a 54 per cent stake in the Panguna copper gold project before it ceased operation in 1989.

.....BOUGAINVILLE Copper Ltd (BCL) chairman Peter Taylor (pictured) says mining at Panguna, Bougainville, will not recommence unless the landowners,
the Autonomous Bougainville Government, National Government all agree.
He said that regardless of whether recent studies into reopening the mine were economically attractive......

....Das zeigt wie wichtig die Wiederwahl von Dr. Momis für die weitere Entwicklung B´s. ist und es ist erfreulich die Bemühungen zu sehen, aufzurütteln und es jedem eindringlich deutlich zu machen.  
Diese message muss jeden einzelnen Wähler erreichen.

Bemerkenswert dabei, das weder bei der HV noch im nachhinein die Option  
>RT überprüft sein Engagement bei BCL< eine Rolle zu spielen scheint. Zumindest wurde in keinster Weise darauf hingewiesen oder eingegangen. Ist schon erstaunlich ;-)))  

Total Trades Total Volume Last Trade V.W.A.P*
         8    43,864      31.5     30.52§
* Volume Weighted Average Price
Trade
Number (s) Time
Last Traded Price Volume Change Value Number
of Trades
7 - 8 3:20:06 pm 31.5 700 0.5 $220 2
5 - 6 3:19:51 pm 31 700 0.5 $217 2
1 - 4 3:19:43 pm 30.5 42,464 $12,952 4


0,315 AUD  =  0,22092 €

 

http://www.radionz.co.nz/international/...bougainville-election-ready



About 20 international election monitors are expected to oversee the elections in the autonomous Papua New Guinea region of Bougainville.

The United Nations Development Programme is co-ordinating the monitors at the request of the ABG and the Electoral Commission.
no caption

Photo: RNZ

The UNDP assistant regional representative Julie Bukikin says there will be observers from Japan, the European Union, Australia, New Zealand and the United Kingdom, as well as bodies like the Australian National University.

Ms Bukikun says they are also helping the election preparations in other ways.

"We have also just this week started training of the candidates' scrutineers. We also looked at how to help women candidates, so we ran a training also to get them to understand the processes, to help with what they would be expecting if they go into elections and they campaign and so forth. The other things we are doing is looking at training and co-ordinating media."

Nasdaq OTC Other 0,28  $ +14,29%
          §0,245 $ 10.000 10.000 0,28 - 0,28 15:53:40

0,28 US $  =  0,25 €

 

Mekamui UND Panguna Landowners UND Ex-Präsident Tanis unterstützen Präsident Momis bei seiner Wiederwahl u. Momis unterstützt BOC bei der Wiedereröffnung der Pangunamine.

Vorausgesetzt natürlich es funkt kein "Unexpected" dazwischen. ;-)))

Bougainville Election News : Mekamui Tribal Government says Panguna 100 % behind Momis

http://bougainvillenews.com/2015/...nt-says-panguna-100-behind-momis/

“The Mekamui Tribal Government of Unity stands behind President Momis as we see him as the person who will lead us to freedom,”
“The Mekamui faction has also started the realignment process with the Autonomous Bougainville Government that will see reintegration and unity amongst all Bougainvilleans,”
Mekamui Defence Force hard man, Moses Pipiro declared that the people in Panguna area were 100 percent behind President Momis : Picture presenting shell money
Please note the following text supplied by ABG media
The Mekamui Tribal Government of Unity have pledged their support to incumbent ABG President Grand Chief Dr John Momis in this year’s ABG General Elections.
Mekamui Defence Force hard man, Moses Pipiro declared that the people in Panguna area were 100 percent behind President Momis’ bid to retain the ABG Presidency in a political rally held in the heart of the Panguna Township yesterday.
“The Mekamui Tribal Government of Unity stands behind President Momis as we see him as the person who will lead us to freedom,” Mr Pipiro said.
“The Mekamui faction has also started the realignment process with the Autonomous Bougainville Government that will see reintegration and unity amongst all Bougainvilleans,” he added.
“President Momis has been with us from the very start of our struggle for self-determination and he is the only one who knows where will go,” Mr Pipiro said.
Former ABG President James Tanis was also amongst a host of leaders from North, South and Central Bougainville who endorsed President Momis’s candidacy.(file picture )

Mr Tanis said that his decision not to stand for this year’s elections was to allow President Momis to complete the long journey that is Bougainville’s move to self-determination and should the people choose, total independence.
“President Momis’ is on the verge of completing what he started more than 40 years ago when he took up the fight for our people’s freedom,” Mr Tanis said.
“It would be unjust for me to usurp his leadership, as a respected elder statesman he has the necessary experience and will to lead us to independence,” Mr Tanis added.
“With Bougainville’s Referendum to be held within the term of the third and final Bougainville House of Representatives, as stipulated in the PNG Constitution, Bougainvilleans must know the type of leader they want to lead them and President Momis is that leader,” Tanis said.
In attendance at the rally were ABG President, Grand Chief Dr John Momis, Mekamui Government of Unity President, Philip Miriori, former Clerk of the National Parliament and Chief Ombudsman Simon Pentanu and various ABG Members from Central and South Bougainville.  

Wen wunderts, beim BID 33 wurde die dortige VK-Order natürlich sofort gecancelt.

Für eine Mini-Posi von 10K müsste man nun schon 20% über dem gestrigen Schlusskurs (31.5) hinblättern ;-))

Wann haben sich die Panguna Landowner´s zu Momis bekannt?  

http://bougainvillenews.com/2015/...nt-says-panguna-100-behind-momis/

Bougainville Election News : Mekamui Tribal Government says Panguna 100 % behind Momis

Soll das heißen, dass die Landowner inkl. Daveona hinter Moses Pipiro und dem Mekamui Tribal Goverment stehen?

Das wäre mir neu!  

......"Unexpected"

Wird doch langsam Zeit dass die mal 1 Meinung sind ;-)))

...fehlt hoilt**     kommt aber manchmal  schneller als gedacht. ;-)))))  

Der 100%-ige Support aus Panguna bezieht sich m.e. auf die Anhänger rund um Pipiro und seine Gefolgsleute.
Ich glaube nicht, dass Pipiro´s Einfluss ganz Panguna umfasst!

Ebenso denke ich, dass die Landeigner und Mekamui Tribal Government, zwei unterschiedliche Parteien sind. Und daher auch unterschiedlicher Meinung sein können.  

Es gibt Landowners die auch gleichzeitig Mekamui sind, so wie es auch Bayern gibt die CSU sind ;-))

http://www.radionz.co.nz/international/programmes/...paign-winding-up

Transcript

As Bougainville heads into a key election from Monday, a leading figure in the aid community says the four weeks of campaigning have gone very peacefully.

From the 11th May until 25th May the autonomous Papua New Guinea region is holding just its third general election since the Peace Agreement was signed in 2001.

The head of the Leitana Nehan Women's Agency, Helen Hakena, told Don Wiseman the focus is on the need for the people to choose quality leaders.

HELEN HAKENA: A quality leader is someone who is transparent and accountable to the people someone who has a heart for the people. Someone who does not do corrupt things or bribe people. Someone who has worked with the community for a longtime. Who is concerned for the people's welfare. That is quality leadership that we really would like to be. Somebody who is good in good governance and leading our people in the right way.

DON WISEMAN: It would seem it is quite likely there's going to be an early resumption of mining. With your knowledge of the province, do you think that is going to be accepted?

HK: Most people are saying that, you know the mining issue should be left untouched. Because things have not been resolved. There is people who support that reopening of the mine because we need finance to support whatever move the government is doing. But there are so many other people who think that mining should not be reopened at this time.

DW: Those people think that eventually further down the line when those matters are sorted they would be happy to see a resumption of mining at that stage?

HK: Yes, yes. If all other issues like removal of guns and issues of reconciliation are sorted out and the mining policies then there will be a resumption. People are happy to see the resumption of the copper mines because they want development to happen in Bougainville. And they want the government to get revenue, somewhere to get money from to support the administration of Bougainville.

DW: The reason that the outgoing government is supporting that, is because it says this is the only means by which they can generate income quickly.

HK: That is right.

DW: So, so not many people support that view in your view?

HK: We can reopen the mine, but there has to be more consultations. There were forums, mining forums held in the three regions of Bougainville. But there has to be a transparent manner, people have to see what is in the mining policy that was passed by ABG (Autonomous Bougainville Government) in November last year. People still talk about there is a lot of hidden agenda inside the mining policy. They still believe there could have been more consultations with the people before the policy was passed by ABG people should have been gathered to view the policy and to question the articles in the policy.

DW: There are some areas where I understand it is still going to be difficult for people to vote. That there's various rebel groups going to stop them from voting. Is that a major issue or is that just something that locals can work their way around. It is something that locals can work around because there are so many ex-combatants contesting as well so they will make sure that people come out of those isolated areas to vote because it is a one two three so they will be bringing people out they will not block people because they will want to get some votes as well.

Handelsplatz (?) Letzter   Veränderung Vortag letzte Stk. Tag-Stk. Kursspanne Zeit

Tradegate 0,248  € +12,73%
          §0,22 € 389 389 0,248 - 0,248 15:26:01

 

New post on Papua New Guinea Mine Watch
                    
           §
Chinese take over Frieda River mine
by ramunickel

The Frieda river is now in the hands of the Chinese

The Frieda river is now in the hands of the Chinese

PanAust Agrees to A$1.2 Billion Bid From Guangdong Rising Assets Management

Move will see ownership of several copper and gold deposits in Asia move into Chinese hands

Rhiannon Hoyle And David Winning | Wall Street Journal

PanAust Ltd. agreed to a takeover by Guangdong Rising Assets Management that values the Australia-listed miner at around 1.20 billion Australian dollars (US$950 million), ending a rare hostile move by a Chinese company to acquire overseas resources assets.

The deal, if approved by PanAust’s shareholders and regulators, will see ownership of several copper and gold deposits in countries from Laos to Papua New Guinea move into Chinese hands.

On Friday, independent directors of PanAust Ltd. said they would recommend investors back a revised offer from GRAM worth A$1.85 a share. The higher bid represents an 8% increase on GRAM’s previous A$1.71-a-share bid, which had been rejected by PanAust as too low.

GRAM, which owns around a quarter of PanAust and has been a shareholder since 2009, had freed its original bid from conditions entirely in an effort to win support of other investors. However, a lack of acceptances prompted GRAM to re-engage PanAust directors in an effort to win their support for a deal.

It comes less than a year after PanAust acquired a majority stake in the Frieda River copper-gold deposit in Papua New Guinea, which it bought from Glencore PLC and aims to develop at a cost of more than US$1.5 billion. Frieda River is one of Asia’s biggest undeveloped copper deposits.

A successful takeover would also increase China’s influence in Laos. PanAust is already one of the biggest miners in the Southeast Asian nation of Laos, and runs the Phu Kham copper-gold mine and Ban Houayxai gold-silver mine. In recent years, it has accounted for roughly 7% of the country’s gross domestic product and nearly a third of its exports.

China Minmetals Corp. took control of Laos’ other big copper mine, Sepon, when it acquired a suite of assets from OZ Minerals Ltd. in 2009.

GRAM is aiming to acquire the Southeast Asian copper deposits at a time when many analysts are forecasting rising demand and prices of the industrial metal, fueled by China’s own expanding middle class. China is the world’s biggest buyer of commodities such as copper, which is used in everything from cookware to air-conditioners and electrical wiring.

GRAM, advised by J.B. North and Co., has repeatedly tried to acquire the company. In May last year, the Chinese company made an initial bid worth A$2.30 a share but couldn’t convince PanAust’s directors to support a deal.

GRAM returned earlier this year with the A$1.71-a-share offer. In rejecting that bid, PanAust said it was timed to coincide with its share price, and spot prices for copper and gold, trading near multiyear lows.

An independent assessment commissioned by Brisbane-based PanAust later put a fair price on its stock at between A$1.84 and A$2.04 a share. PanAust was advised by Rothschild in its discussions with GRAM.

PanAust has been grappling with weaker commodity markets that have squeezed earnings, prompted write downs and job cuts, and forced the miner to scrap its dividend. While PanAust executives said other companies had expressed interest in its assets, analysts said it would be difficult for any competing bid to succeed given GRAM’s existing large stake in the miner.
ramunickel | May 9, 2015 at 2:36 pm | Tags: Chinese mining, Frieda river mine, Guangdong Rising Assets Management, Highlands Pacific, PanAust, Papua New Guinea, PNG development | Categories: Financial returns, Papua New Guinea | URL: http://wp.me/pMvf7-4dU

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https://ramumine.wordpress.com/2015/05/09/...e-over-frieda-river-mine  

In his first couple of years as foreign minister, Alexander Downer had a lot of bombs explode in his portfolio.

Among them was the 1997 Sandline affair in which Papua New Guinea’s government brought in South African and other mercenaries to try to end the bitter conflict on Bougainville Island that had closed the giant Rio Tinto gold and copper mine there since 1989.

An army mutiny in Port Moresby scotched that idea, a truce with the Bougainville Revolutionary Army followed, and talks held in a New Zealand army camp led to a peace agreement in 2001 that set up an Autonomous Bougainville Government (ABG). Throughout the talks, New Zealand sources say, Downer was out to prevent what he called the “Balkanisation” of Australia’s strategic arc of friendly states to its immediate north-east. The Kiwis were somewhat sceptical this could be avoided. Anyone who’s read the Lloyd Jones novel Mister Pip might agree.

An election starting on Monday among Bougainville’s estimated 300,000 people brings the issue closer to decision. The Bougainville government’s new president and legislature will hold a promised referendum some time during their five-year term on whether the island stays in PNG or goes independent.

John Momis, who is the current ABG president and favourite for re-election against eight other candidates, is adding another explosive issue. After getting a new mining law passed in March this year, he is pushing for the reopening of the Panguna copper mine that was the original cause of the civil war. With only 11 per cent of his government’s budget coming from local revenue, the rest mostly from Port Moresby grants, the mines are the only prospective source of revenue to make either autonomy or independence a reality. The island has plenty of other goldmines, feverishly worked over by about 10,000 panhandlers who aren’t taxed, but it would take much longer for other, less socially burdened medium-scale mines to eventuate.

According to Anthony Regan, an ANU constitutional law professor who advises the Bougainville government, most Bougainvilleans would prefer Rio Tinto to return to Panguna, under stricter local consent and environmental provisions. “They prefer the devil they know,” he said. Whether Rio Tinto wants to spend the $US5.2 billion it estimates it will take to reopen the derelict mine is another matter.

Other interests are hovering. Momis suspects that PNG Prime Minister Peter O’Neill wants to buy out Rio Tinto’s 53.83 per cent shareholding in Bougainville Copper Ltd, adding it to his contentious nationalisation of BHP’s former Ok Tedi mine at the other end of the country. Momis said this would lead to a demand for immediate independence. O’Neill denies any such plans.

A new face on the scene is Anthony Johnston, of Sydney-based waste disposal firm United Resource Management (URM) and sponsor of the Manly-Warringah Sea Eagles. Johnston and his old schoolmate, lawyer Ian de Renzie Duncan, have been cultivating former rebels around the mine who call themselves the Me’ekamui Government of Unity. Regan said URM’s interest appears to be in brokering the entry of a new mine operator to Panguna. At a meeting with ABG president Momis in February, which Regan also attended, Johnston and Duncan had argued that while Rio Tinto should be given first refusal, it should be given six months to make a decision. Johnston did not return calls to his Sydney office.

How will the Bougainvilleans vote in the referendum? Dark-skinned, like many of the peoples in the adjacent Solomon Islands, from whom they were separated by colonial rivalry between Germany and Britain in the 1890s, they regard the lighter-skinned people from the other parts of PNG as alien “redskins”. Efforts by Port Moresby to put resources into the ABG may have come too late to overcome bitter memories of the counterinsurgency campaigns by national police and soldiers in the 1990s. “Lack of support for the ABG from Moresby has loaded the dice towards independence,” Regan said.

So the fear of a chink opening in our belt of Melanesian buffer states could be realised. Yet there’s a sting in the peace agreement. At Downer’s urging, it left implementation of the referendum result to the PNG national parliament, contingent on disposal of weapons and development of good governance in the ABG, rather than making it automatic. Regan says there’s some legal opinion in Port Moresby the referendum can be stopped on these grounds. Any such effort, or to block the result, could reopen conflict.

Bougainvilleans accepted the compromise after Downer argued the international community would support implementation of “a free and fair referendum with a clear outcome”, Momis told his outgoing parliament ahead of the election. “The truth is that we may need to rely on international community support at that time,” he said.

http://hotcopper.com.au/threads/...expansion-strategy-at-agm.2511625/

Rio Tinto affirms expansion strategy...

Im Kontext mit " Most Bougainvilleans would prefer Rio Tinto to return to Panguna, "

sowie " Mekamui Tribal Government says Panguna 100 % behind Momis "

und dem Wissen um " No Independence without self self-reliance "

bleibt die " Reopening of the Pangunamine " die einzig gangbare Option.

Dazu die überwiegende Meinung im Bouggy-Chat:

A "quick return to mining"? It's 26 years since mining operations ceased and there's a five-year window for the independence vote! If the latter can be achieved without mining, well and good; but I suspect there will be many disappointed people wandering around an empty pit as GoPNG celebrates Christmas 2020 after once more preventing Bougainville's separation!!

"Rio Tinto Limited (ASX:RIO) has affirmed its strategy for continued iron ore expansion in the Pilbara region of Western Australia".

Iron Ore. Western Australia.

Aber mit ein wenig Fantasie... ;-)  

Well, maybe the ladies are right after all. They wouldn't like this to happen at Panguna, would they?

New post on Papua New Guinea Mine Watch
                    
           §
Bougainville future hangs in balance
by ramunickel

Hamish McDonald | The Saturday Paper

In his first couple of years as foreign minister, Alexander Downer had a lot of bombs explode in his portfolio.

Among them was the 1997 Sandline affair in which Papua New Guinea’s government brought in South African and other mercenaries to try to end the bitter conflict on Bougainville Island that had closed the giant Rio Tinto gold and copper mine there since 1989.

An army mutiny in Port Moresby scotched that idea, a truce with the Bougainville Revolutionary Army followed, and talks held in a New Zealand army camp led to a peace agreement in 2001 that set up an Autonomous Bougainville Government (ABG). Throughout the talks, New Zealand sources say, Downer was out to prevent what he called the “Balkanisation” of Australia’s strategic arc of friendly states to its immediate north-east. The Kiwis were somewhat sceptical this could be avoided. Anyone who’s read the Lloyd Jones novel Mister Pip might agree.

An election starting on Monday among Bougainville’s estimated 300,000 people brings the issue closer to decision. The Bougainville government’s new president and legislature will hold a promised referendum some time during their five-year term on whether the island stays in PNG or goes independent.

John Momis, who is the current ABG president and favourite for re-election against eight other candidates, is adding another explosive issue. After getting a new mining law passed in March this year, he is pushing for the reopening of the Panguna copper mine that was the original cause of the civil war. With only 11 per cent of his government’s budget coming from local revenue, the rest mostly from Port Moresby grants, the mines are the only prospective source of revenue to make either autonomy or independence a reality. The island has plenty of other goldmines, feverishly worked over by about 10,000 panhandlers who aren’t taxed, but it would take much longer for other, less socially burdened medium-scale mines to eventuate.

According to Anthony Regan, an ANU constitutional law professor who advises the Bougainville government, most Bougainvilleans would prefer Rio Tinto to return to Panguna, under stricter local consent and environmental provisions. “They prefer the devil they know,” he said. Whether Rio Tinto wants to spend the $US5.2 billion it estimates it will take to reopen the derelict mine is another matter.

Other interests are hovering. Momis suspects that PNG Prime Minister Peter O’Neill wants to buy out Rio Tinto’s 53.83 per cent shareholding in Bougainville Copper Ltd, adding it to his contentious nationalisation of BHP’s former Ok Tedi mine at the other end of the country. Momis said this would lead to a demand for immediate independence. O’Neill denies any such plans.

A new face on the scene is Anthony Johnston, of Sydney-based waste disposal firm United Resource Management (URM) and sponsor of the Manly-Warringah Sea Eagles. Johnston and his old schoolmate, lawyer Ian de Renzie Duncan, have been cultivating former rebels around the mine who call themselves the Me’ekamui Government of Unity. Regan said URM’s interest appears to be in brokering the entry of a new mine operator to Panguna. At a meeting with ABG president Momis in February, which Regan also attended, Johnston and Duncan had argued that while Rio Tinto should be given first refusal, it should be given six months to make a decision. Johnston did not return calls to his Sydney office.

How will the Bougainvilleans vote in the referendum? Dark-skinned, like many of the peoples in the adjacent Solomon Islands, from whom they were separated by colonial rivalry between Germany and Britain in the 1890s, they regard the lighter-skinned people from the other parts of PNG as alien “redskins”. Efforts by Port Moresby to put resources into the ABG may have come too late to overcome bitter memories of the counterinsurgency campaigns by national police and soldiers in the 1990s. “Lack of support for the ABG from Moresby has loaded the dice towards independence,” Regan said.

So the fear of a chink opening in our belt of Melanesian buffer states could be realised. Yet there’s a sting in the peace agreement. At Downer’s urging, it left implementation of the referendum result to the PNG national parliament, contingent on disposal of weapons and development of good governance in the ABG, rather than making it automatic. Regan says there’s some legal opinion in Port Moresby the referendum can be stopped on these grounds. Any such effort, or to block the result, could reopen conflict.

Bougainvilleans accepted the compromise after Downer argued the international community would support implementation of “a free and fair referendum with a clear outcome”, Momis told his outgoing parliament ahead of the election. “The truth is that we may need to rely on international community support at that time,” he said.
ramunickel | May 10, 2015 at 8:38 am | Tags: ABG, Alexander Downer, Anthony Johnston, Anthony Regan, Australia, Bougainville, Human rights, John Momis, Landholders, Panguna, Papua New Guinea, Peter O'Neill, PNG development, Rio Tinto, United Resource Management | Categories: Financial returns, Human rights, Papua New Guinea | URL: http://wp.me/pMvf7-4dR  

..........as island nation looks towards independence from Papua New Guinea.

http://www.abc.net.au/news/2015-05-11/...ooks-to-independence/6459016

... with a result not expected until early June (8th ofJune)

With elections for a new parliament and president, there are 342 candidates vying for 33 general seats and three each reserved for women MPs and ex-combatants plus the election for president.

The incumbent, Dr John Momis, is widely seen as the favourite but the fact 20,000 new voters have been added to the electoral roll and many thousands of illegitimate voters taken off, means this is a race any of the top contenders could win. Dr Momis is one of the founding fathers of independent PNG and is offering voters a steady hand at the helm as Bougainville enters this crucial period. He is running with the slogan "For the Future of Bougainville" and is the most measured on the question of independence. Surprisingly, several ex-combatant groups have thrown their support behind the former Catholic priest.

Whoever is elected in this month's ballot will negotiate with PNG the exact date of the referendum and the wording of the question.  

The Bougainville Mining Act 2015: Process, Substance and Controversies
Anthony Regan, with comment by Kearnneth Nanei and Amanda Masono
    Thursday, May 14
Sparke Helmore Lecture Theatre 2, Fellows Road, ANU
5:00-6.30pm

The Bougainville Mining Act 2015 was enacted by the Autonomous Bougainville Government (ABG) in March 2015, after seven years of intensive work. It gives effect to a mining policy designed to meet the unique circumstances of post-conflict Bougainville. Key considerations taken into account included:
the general belief amongst Bougainvilleans that ownership of land extends to everything on or in it, including minerals;
the significant impacts of the Panguna mine in the origins of violent conflict in Bougainville;
the extensive small-scale gold Bougainville mining industry developed since 1998;
the broad but conditional support amongst Bougainvilleans for resumption of strictly limited numbers of large-scale mining projects, mainly to provide revenue needed for autonomy or independence, and only upon dramatically improved terms under Bougainville law.
This presentation will discuss: the constitutional basis for the Act; main steps and processes in its development; key aspects of its substantive provisions, particular customary landowner rights and provision for small-scale mining; the main controversies about the Act;  anticipated steps in its implementation; and its likely impacts in Bougainville (and as a possible exemplar for PNG more generally).

Anthony Regan, Fellow, SSGM Program, Coral Bell School, in the ANU’s College of Asia and the Pacific, is a Constitutional Lawyer who has advised successive Bougainville government since 1981. He was an adviser to the Bougainville parties in the negotiation of the Bougainville Peace Agreement and the preparation of the PNG Constitutional Laws that gave effect to it, and subsequently worked full time for the Interim Bougainville Provincial Government 2002-2004 assisting with implementation of the Agreement. He continues to advise the ABG on constitutional, policy and legal issues.

Kearnneth Nanei is acting Principal Legal Adviser for the ABG. He is a graduate of the University of Papua New Guinea, and has worked as a lawyer with the ABG since 2010. He has had extensive involvement in development of the Bougainville Mining Act, inclusive of community consultations, membership of technical working groups, and advising the Mining Minister and the ABG Cabinet on various stages of development of the Act.

Amanda Masono has been a legal officer with the ABG since 2010, and is also a graduate of the University of Papua New Guinea. She has had extensive involvement in the development of the Act in the 12 months to March 2015.