Trading Bougainville Copper (ADRs) 867948

http://www.postcourier.com.pg/20100519/wehome.htm

By ERIC TAPAKAU

HIGH level foreigners employed by firms in Papua New Guinea will now be granted permanent resident status in the country, says Minister for Foreign Affairs and Trade Sam Abal.
Their visas will not have to be renewed every three years. Speaking at the 26th Australia-Papua New Guinea Business Forum, Minister Abal told participants that the Government recognized the significant contributions to PNG made by the highly skilled senior executive officers. “I especially welcome the high level chief executive officers that come to work and live in PNG and are contributing to the dynamism to the country,” Mr Abal said. “In this regard I am pleased to announce today that a new category of permanent residence for chief executive officers of large companies has been introduced and implemented immediately. “This means that people falling under this category need not renew work permit and employment visas every three years. They are given PR status, ” he said. This is one of the positive developments announced by Minister Abal at the forum attended by more than 300 participants from both Australian and PNG business communities as well as the bureaucracy.
Mr Abal said he had implemented some reforms to improve the service levels at the PNG Immigration Services with the decision to separate Immigration from the Department of Foreign Affairs and Trade. He said he had established the PNG Immigration and Citizenship Services as an independent statutory authority when Parliament sits this week.
“As a part of the Department of Foreign Affairs, the Immigration service did not get the attention it deserved as an important service of the Government,” Mr Abal said.

 

http://www.postcourier.com.pg/20100519/wehome.htm

By GORETHY KENNETH

THE Autonomous Bougainville Government needs more than K32.5 million to rebuild, renovate and develop the region’s former capital, Arawa.
Arawa town, addressed in sections was shattered with burnt buildings and houses abandoned when the Bougainville crisis broke out in 1989.
This is detailed in a feasibility study report compiled by the Australian Government through their AusAID program in Buka.
The report has not been made official but ABG Local Level Government special project officer Ephraim Eminoni said in Arawa recently that the funding was a huge amount of money.
He said the report provided recommendations in three parts - short term, medium and long term strategies to re-develop Arawa.
“Yes, it will cost K32.5 million but we will have to look at it in medium, short and long term so that we can accommodate the figure detailed in the report,” Mr Eminoni said.
In Buka yesterday, ABG President James Tanis advised that he had not been given the report but said he was not surprised at the figure.
“I have not seen or been presented officially with the report, but yes, I am not surprised that this is the figure quoted in the feasibility study undertaken by AusAID for the ABG,” Mr Tanis said.
“You see, Arawa was not built in one night. There were studies on infrastructure development and others ...I will make a full statement when I see the full report,” he said.
Mr Tanis however said that he had a different idea of developing Bougainville and Arawa, Buin and Buka for that matter.
He told the Post-Courier yesterday that he wanted to see the same study done in Buin and Buka, which will promote regional development of all headquarters.
“Buka and Buin should not miss out. I want the same feasibility study done in Buka and Buin to promote regional headquarters,” he said.

 

Was ist ein Stockpile, kann mir jemand weiterhelfen?  

http://www.youtube.com/watch?v=MJt92DscPkE

Wenn Interessant, anklicken.  

Ein stockpile ist eine Halde von bereits abgebautem Material, das also gleich verarbeitet werden könnte.

Gruß
Donn  

passiert leider wieder das selbe wie jedes mal nach einem schnellen Anstieg. Wir bröckeln langsam wieder ab auf das Ursprungsniveau.  

Ich hab´s mir eigentlich schon gedacht, allerdings hat mich der Zeitraum von 4-5 Jahren etwas irritiert.
Hätte nie mit solchen Mengen gerechnet...

Sollte sich das nach einer Sichtung der Mine bestätigen, wäre das natürlich grandios...  

http://www.yourdictionary.com/stockpile

Bei dieser stockpile handelt es sich um schon gefördertes Erz,welches neben der Pangunamine auf Halde liegt und für eine Produktion von 4-5 Jahren reichen soll.(also ca. 700-900K Kupfer enthält)

Hier kann also mit einer "bescheidenen" Investition sofort begonnen werden Cash zu generieren,während gleichzeitig die Installationsarbeiten zur Wiedereröffnung voran getrieben werden können.

Darauf lässt auch diese Aussage anlässlich der HV schliessen.

http://www.stocknessmonster.com./...item?S=BOC&E=ASX&N=335550

Seite 27

"next step pre-feasibility study
possible to commence re-start process…
…while BCA is re-negotiated
early benefits to all stakeholders

In der selben Zeit  sollen laut PT die Explorationen auf den zusätzlichen 7 Leaseareas vertieft werden,welche an die Pangunamine anschliessen und durchaus mit einer einzigen Anlage erschlossen werden können (Karte S 26)

In einem früheren Interview gab PT. zudem bekannt dass man sich auch ein JV. mit einem Partner vorstellen könnte.Eine Beteiligung gegen Cash z.B. mit den Chinesen liegt also durchaus im Bereich des Möglichen.

Der kommerzielle Arm der Weltbank hat zudem in den letzten Jahren schon diverse neue Minen in Entwicklungsgebieten (teil?) finanziert.Graeme Hancock der Vorsitzende der Weltbank für den Pazifischen Raum hat dem Präsidenten der ESBC auf eine Mailanfrage bestätigt dass sie sich über einen diesbezüglichen Antrag von BCL  "freuen" würden.

Kommt es also demnächst zu einer übereinkunft zwischen PNG,ABG,Landowners und BCL über die Wiedereröffnung der Pangunamine so sollte die Finanzierung eines der kleinsten Probleme darstellen.  

........mit dem Unterschied dass sich das am nächsten Freitag mit Bekanntgabe der Wahlresultate auch ganz schnell wieder ändern kann ;-)))))  

Was heißt hier leider, kommt darauf an, was man daraus macht!

Werde die nächsten Tage nochmals zuschlagen und mir eine Trading Postition ins Depot legen,
die dann bis sagen wir mal Ende des Jahres halten und dann schaun wir weiter ;-)))  

scheint so zu sein, daß alle Beteiligten GEMEINSAM zum Wohl ALLER die Situation weiterentwickeln wollen.

Tagesschwankungen sind deshalb uninteressant.

Zum stockpile : Es handelt sich nicht um Kupferbestände, die "nur verladen werden müssen", sondern um schnell abbaubare Bestände.

Allgemein bitte ich aber auch zu berücksichtigen : Etwas mehr Ruhe, Sachlichkeit und Demut den Wählern und dem demokratischem Wahlablauf ist angebracht, da es für die Menschen in Bougainville auch eine schwierige Entscheidung ist. Praktisch jede Familie in Bougainville hat Angehörige während des Widerstandes verloren.
Der Anstand gebietet, auch das zu berücksichtigen.  

Dokumentation über Bougainville bei Phoenix :

http://phoenix.de/content/phoenix/die_sendungen/...6?datum=2010-05-21  

Gestern hatte ich hier noch eine Liste gesehen, die einer von euch hier rein gestellt hat: "sellers" und "buyers".
Leider finde ich diese heute nicht mehr. Darf ich sie nochmals sehen? Merci vorab!  

Dafür brauchst du nur im thread 1 Seite zurückzublättern ;-))

http://cb.iguana2.com/netwealth2/depth/boc

Weitere links

http://www.tradingroom.com.au/apps/qt/...amp;sy=tpl&code=BOC#tabs

http://www.stocknessmonster.com./...ory?S=BOC&E=ASX&Year=2010  

danke bestens nekro , aber diese meine ich nicht

Es waren 2 Listen:
eine mit der Anzahl der Verkäufe beim gewünschten Kurs
die andere für Kauf
Es war kein link - diese Liste erschien in einem Text.

Gerne dürfen es auch nie neuesten Listen sein.
Merci vorab!  

Diese Listen stehen unter keinem Link,dabei handelt es sich um das RT Orderbuch der Börse Sydney welches es nur im kostenpflichtigen Abonnement gibt. (z.B. bei der Saxobank für Kunden,Preis 70 AUD/Monat,die Daten kommen dann von Bloomberg)  

...danke - ich lerne dazu ;-)
die links habe ich inzwischen gut angeschaut :-)
Bin mit meinem "Bündel" im Moment begeistert und hoffe, dass es weiterhin aufwärts geht.  

http://www.postcourier.com.pg/20100520/thhome.htm

By FABIAN GHATANA

COUNTING officials have undergone intensive training before counting this Friday. Polling officially ends tomorrow and counting officials have taken up positions in their regions to get ready for counting.
This is because for the first time in the Bougainville and PNG, electronic machines will be used to count the votes.
There are 134,279 votes to be counted. There are 27,648 in Central Bougainville, 57,979 votes in North and 48,652 in South Bougainville.
The presidential ballot counting will be undertaken in these three regions while a central tally room will be maintained in Buka for the official announcements.
There are 13 districts and 33 constituency seats that will also be counted at three locations. In Central Bougainville there are 10,181 votes in the Panguna district, 10,043 in Wakunai and 7424 in Kieta with a total of 27,648. North Bougainville counting officials will count 8104 votes for Tinputz, 2275 for the Atolls, 28,945 for Buka district, which includes the interim capital Buka town, Kunua district 7145, Nissan with 445 and Selau/Suir with 7930 votes. For South Bougainville the districts that will be counted include Siwai with 13,284 votes, Torokina 3255, Bana 13,377 and Buin 18,736 votes. This is a total of 134, 279 votes that will be counted for duration of 10 days.
 

http://www.thenational.com.pg/?q=node/9269

PNG to profit from ‘super profits tax’: Chamber
Source:
By YEHIURA HRIEWAZI in BRISBANE
THE PNG Chamber of Mines and Petroleum believes that the Australian government’s resources “super profits tax” (RSPT) will drive some companies to invest in PNG.
Already, Queensland’s richest man and iron ore miner Clive Palmer has said he would look at investment in more hospitable places like PNG where he has interests in petroleum-energy exploration licences.
Two other big miners, Xstrata and BHP, who have interests in PNG, are up in arms over the 40% tax that will become effective on July 1.
PNG used to have a similar tax called “super profits tax”, which was removed in 2003 among major incentives announced by the Somare-government which had an immediate positive effect in attracting new players and increased grassroots exploration activities.
The RSPT in Australia was warmly applauded by PNG Chamber of Mines and Petroleum’s executive director Greg Anderson.
“I’m delighted the Australian government is driving companies offshore, because we are going to pick some of them up,” Anderson told The Australian on Tuesday.
“It loads the dice in our favour.”
Anderson said the chamber had lobbied the PNG government for five years to remove a super-profits tax there – a form  of resource rental tax that was introduced while Australian economist Ross Garnaut was the first assistant secretary at the PNG Finance Department 35 years ago, now abolished.
Resource companies mining in PNG now pay 30% company tax and moderate royalties, although an additional profits tax was reintroduced 18 months ago for designated gas projects.
Anderson, formerly a geologist, said PNG’s additional profits tax on mining was paid only by Bougainville Copper, formerly the world’s largest copper mine, for which the tax was chiefly designed.
“It was a complex tax, which looked very bad on paper because no one could understand it overseas.”
“So the government at last got rid of it, simplified tax and made it internationally competitive -- also at a time of rising commodity prices.
“The industry was able to deliver growth, and is still doing so today,” Anderson told The Australian.
He said the PNG additional profits tax was “nowhere near as onerous” as the Rudd government’s new super-profits tax, with a much lower threshold than the RSPT.

 

http://www.thenational.com.pg/?q=node/9290

CHOOSING and voting for the right candidate to head the Autonomous Bougainville Government (ABG) for the next five years will be very crucial in terms of continuity and making further inroads in the peace and reconciliation process for lasting peace on Bougainville.
Lawrence Daveona, of Guava village and an-interim member of the Panguna Landowners Association executive committee, said a total of seven candidates have been in the race to run for the presidency’s post.
He said they must elect the right person to “fit the bill” that has been set by the two predecessors as well as make a mark of his or her own.
“The people of Bougainville will have to make the right choice through the ballot.”
While elections have started and counting schedule to end by tomorrow, all of the seven candidates vying for the seat of presidency have in their own right, credible standing and qualifications to lead the people of the Autonomous Region of Bougainville (ARB) and the ABG for the next five years.
The seven candidates running for the presidency seat are current president James Tanis, John Momis, Martin Miriori, Ruben Siara, Robert Atsir, Sylvester Niu and the only women candidate Magdelene Toroansi.
Daveona said while the presidential race has been tipped to be between the first four candidates, at this stage it was hard to predict who the eventual winner will be.
However, he said it was likely to be a contest between Tanis and Momis.
But, this would become clearer as the early counts of voting across the island were tallied and registered at the main tally room in Buka after the conclusion of polling tomorrow.
 

Hat noch jemand die Wahlbeteiligung vom letzten mal im Kopf?  

http://www.theage.com.au/news/World/.../2005/06/05/1117825110779.html

Election officials in the Papua New Guinea province this evening declared Kabui the winner with 37,928 votes - a 14,067 margin over his nearest rival, former Bougainville Governor John Momis, who polled 23,861 votes.

He polled 37,928 votes to beat nearest rival and former Governor John Momis who scored 23,861 votes.

Die knapp 38K Stimmen waren so um die 53% aller Stimmen wenn ich mich gut erinnere.  

"il remporta l'élection présidentielle de Bougainville avec 54,8% des voix,"

 

Die erste Reaktion darauf (siehe unten)

"Es sollte BCL unverzüglich gestattet werden nach Loloho zu reisen um eine Studie zu erstellen bevor diese Oelpest die Küsten verseucht."

Foto: http://www.undervaluedshares.com/de/club/...CE25&page=49&#734

BCL Personal in Loloho,da sollte doch ein Blick in die Pangunamine möglich sein.

PACIFIC ISLANDS REPORT
Pacific Islands Development Program/East- West Center
With Support From Center for Pacific Islands Studies/University of Hawai‘i

--------------------------------------------------

MAJOR OIL SPILL THREATENS OCEAN IN BOUGAINVILLE
Pilferage at old storage tank caused spill



By Gorethy Kenneth
PORT MORESBY, Papua New Guinea (PNG Post-Courier, May 17, 2010) - There is a huge oil spill at Loloho, the former Bougainville copper mine port facility area in Kieta, Central Bougainville.

The lives of many Central Bougainvilleans are at risk from this oil, which was used to run the steam turbine generator and provide electricity for the port facilities - used and left 25 years ago by the Bougainville copper mine. Black oil was contained in two 28 million liter tanks left untouched during the Bougainville war.

One of the tanks was empty from the crisis days while the other tank was still full with 28 million liters of this outdated oil.

The leakage started from steel pipes taken away illegally by experts and individuals from abroad (Cubans, Americans and Asians) collaborating with the locals and illegally transporting the oil out of Loloho for the outside market.

It is now alleged that more than 90,000 tons of oil have been stolen and taken out in vessels - one allegedly sitting in Singapore and the oil still not sold because it is outdated as it was left there some 25 years back.

Locals from Kieta and the surrounding Loloho area told the Post-Courier that people came from all over the globe, setting and signing agreements with local companies and individuals who were illegally buying and selling scrap metal - part of it the original steel contained in the power house at Loloho - also one that connected to the fuel tanks, which eventually disturbed the pipes, causing a huge oil leak since last year.

Paying locals a little money and getting away with huge amounts of money because these pieces of steel were original, when sold outside they will get a lot of money for them and overseas they smelt them again and resell them as second hand steel in PNG, Peter Nabeu, a local told the Post-Courier.

But there is now a New Zealand environmental group working on the site to contain, drain and hopefully burn off the oil, and in time save the lives of the people of Bougainville.

An expert from that environment group Ron Brennan advised they were waiting for a letter of approval from Bougainville Copper Foundation boss Paul Coleman in Port Moresby in order to start burning the oil in Kieta.

Brennan explained that bringing machines alone to clean and carry out the operations would cost them US$30 million but the whole cleanup operation of the mine areas would cost US$90 million, covering Panguna and Loloho.

"We’ve got the approval from the ABG and the locals here in Kieta but we are still waiting for a consent letter from Paul Coleman (BCL) to start our full operation," Mr. Brennan told the Post-Courier last week.

"This oil is very dangerous. Once it spills into the sea, there goes Bougainville for the next 100 years, but we are checking every day for any spill into the sea," he said.

"We are just waiting for the consent letter from Paul Coleman to start our operations," he said.

Papua New Guinea Post-Courier: www.postcourier. com.pg/
Copyright © 2010 PNG Post-Courier. All Rights Reserved


U. die erste Reaktion darauf

Dear all,

Seeing the volume of spill from LJD's photo, the problems is serious
that we immediately need urgent action to contain it.

BCL should be immediately allowed back into Loloho to do a study and
look at ways to contain this spill before it pollutes the coastline
from Rorovan to Arawa Village and all the way to Pokpok.

Everyone on this forum should lobby to have BCL in Loloho. We should
all lobby to get the environmental group from NZ to immediately work
on containing the spill.

All Torau and Arawa and Bairima Villagers should put up road blocks at
Tunuru Junction to stop any one from leaving the power station area
without containing the spill.

Na where are the police?

Sick of it all,

ET  

http://bougainville.typepad.com/newdawn/

Legal officers confer in Bougainville

Lawyers arrive for the annual Provincial Legal Officer's conference in Buka.

Pictured is Barrion Emmanuel, a legal officer with the Department of Provincial and Local Level Government Affairs, when the delegation from Port Moresby arrived in Buka on an Air Niugini aircraft. The two-day meeting ends tomorrow.


The delegation was met at Buka airport by officials from the ABG headed by Assistant Police Commissioner, Inspector Eluh, Acting Administrator, Patrick Koles, and principal legal officer, Chris Siriosi. In front wearing a tie is Protocol Officer Philip Kiha. [Picture by Aloysius Laukai]