Beiträge von casapustalemgo
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Jetzt fehlt nur noch die Umsetzung ;-))
Wurde vom AGB nach AU Börsenschluss gepostet und dürfte am Montag in den PNG Tageszeitungen publiziert werden
https://abg.gov.pg/index.php?/news/read/...ted-in-guava-village-today
ABG and Panguna Stakeholders forge unified path forward after week-long consultations
The week-long community engagement program for the Panguna mine-affected areas ended today in Arawa Town, seeing all stakeholders unified in support for the redevelopment of the Panguna mine.
Beginning on Monday this week, the EL-01 Administrative Oversight Committee led by the ABG Acting Chief Secretary Kearnneth Nanei and key department heads met veterans and Panguna Landowning communities from Moroni, Dapera, Pirurari and Onove villages on Monday and Tuesday.
On Wednesday the ABG team met with landowners in Guava, Mosinau and Kokore villages. On Thursday at the Pakia Catholic Chapel, the team met with landowners in the Parakake, Pakia, Siredongsi, Mainku, Korokoro and Ikipute villages. Today the awareness was completed with Panguna landowners residing in Sunua, Paraiano and Kupei villages at the Sharp Memorial Youth Centre in Arawa.
The community engagement focused on communicating correct and vital information about the issuance of EL-01 to Bougainville Copper Limited and address some Frequently Asked Questions (FAQs) concerning the issuance.
This direct engagement with the veterans and communities in the Panguna mine-affected areas was critical to build trust and collaborative partnership with these key stakeholders through open and honest dialogue.
Throughout the community engagement program, similar community concerns were raised in all communities relating to the legality of the exploration license, BCL share transfers, the protection of resource owners and their environment under Bougainville laws, legacy issues from the past and how it will be dealt with going forward.
Majority of the communities visited emphasized that they would like more of these consultations to continue going forward to ensure that mutual understanding and trust is built, and that their voices are heard through a participatory approach, with some proposing to have an association or entity established that integrates all landowners and other mine affected communities.
A positive highlight from the week-long consultation was the consensus and understanding reached regarding the ABG’s decision in granting the exploration license to BCL, and the respect shown by the veterans and landowners on the ABG’s decision as the government authority of the day.
Central Bougainville Veterans and landowners of the Panguna mine-affected communities expressed their firm support to the ABG and reaffirmed their decision for the reopening of the defunct Panguna mine under the condition that is reopened under Bougainville’s own terms and conditions.
ABG Secretary for Mineral & Energy Resources Peter Kolotein clarified that the project has now entered the project’s mine life cycle following the issuance of EL-01, and he assured all the communities that this is the first of many more consultations and dialogue to happen.
The Department of Mineral & Energy Resources will be setting up its office in Arawa Town to ensure visibility and ease of access for the landowners to the Department.
BCL staff were also in attendance at the community engagement programs throughout the week where they had the opportunity to hear first-hand all community concerns and issues directly from the people.
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https://abg.gov.pg/index.php?/news/read/panguna-stakeholder-awareness-hosted-in-guava-village-today
Und weiter geht`s heute in Guava, der Heimat von Françis Ona und Lawrence Daveona 😋
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Grosse Palaverwoche ist angesagt.
Interessant dass diese Meetings auch in den zusätzlichen (EX) BOC Leases abgehalten nwerden
ABG commences community engagement program in Panguna Mine-Affected Areas
The Autonomous Bougainville Government has commenced its community engagement program in the Panguna Mine-affected areas, starting in the township of Panguna yesterday.
This engagement program targets veterans in the Central Bougainville region and the Panguna landowning communities, who remain as crucial stakeholders to the Government in this process.
The purpose of the multi-stakeholder awareness is to effectively communicate correct and vital information about the issuance of EL01 to BCL and address community concerns and questions surrounding the issuance of the exploration license.
In January this year, the Autonomous Bougainville Government granted exploration license EL01 to Bougainville Copper Limited. The decision to grant BCL a 5-year extension of EL01 was made following due legal process.
Following the issuance of the license and given the sensitive background of the Panguna redevelopment project such as legacy issues, cross cutting aspects and evident ongoing opposition on the ground, the ABG saw the immediate need to conduct this community engagement and awareness program as a first response to correct any misinformation in the mine affected communities.
Part of the engagement on the first day, was to educate the Veterans and Community Government of Central Bougainville about the issuance of the exploration license and importantly, build alliance and trust with these key community stakeholders to help the government disseminate accurate information to the Panguna mine affected communities.
The Toroama-Nisira government continues to emphasize the critical connection between Bougainville’s political aspirations for independence, which must be backed by a strong and sound economic base.
ABG President Hon. Ishmael Toroama clarified that the Government has no particular interest in Bougainville Copper Limited (or BCL), rather it’s chief role is to protect the interests of all Bougainvilleans and, for the Panguna redevelopment process, the Government is there to facilitate dialogue and ensure that all stakeholders have all the information needed for them to make sound decisions in support of the ABG’s plans for Panguna.
Acting Chief Secretary Kearnneth Nanei explained the legality of the ABG’s decision relating the issuance of the exploration license, clarifying that it followed legal deliberations related to the ongoing court injunction between the ABG and BCL.
In January 2018, the ABG under the Momis-Masono Government, refused an extension of BCL’s EL01 (exploration licence) and three months later the company was granted leave by the court for a judicial review of the decision. The proceedings have remained ongoing ever since.
In 2023, the ABG and BCL had consulted and agreed to signing a Deed of Settlement to end the almost six-year long court case between both parties.
Mr Nanei also clarified current misconceptions that the 1967 Bougainville Copper Agreement (BCA) was still applicable in Bougainville. He explained that the enactment of the mining act for Bougainville in 2015, superseded all other national mining laws on Bougainville, including the Bougainville Copper Agreement.
“The Bougainville Copper Agreement of 1967 relates to the operation of the tenements of BCL in Panguna, and that in itself is mining powers. So that’s why when Bougainville has already enacted its own mining law, then the national law does not apply in Bougainville. So anything to do with the tenements, benefits related to mining, anything to do with road access, anything to do with whatsoever under the BCA Act, they are now administered by the ABG through the Bougainville mining act,” he said.
Other presentations included the ABG Department of Bougainville Independence Mission Implementation on the current political journey that Bougainville is on and how it requires strong economic backing to ensure that Bougainville can fund and sustain its political aspirations for independence.
The ABG Department of Finance also presented to the stakeholders the current economic situation in Bougainville, highlighting the fiscal gap that must be filled through transformative economic interventions.
The ABG Department of Mineral & Energy Resources presented a comprehensive cost-benefit analysis of the proposed Panguna redevelopment project in comparison to the former Panguna mine, emphasized on the mineral project life cycle of which the ABG and the landowners are now in following the issuance of the exploration license. Clarity was also provided on the license conditions under the Bougainville Mining Act, that are attached with the exploration license issued to BCL.
The awareness program continued today with the Panguna mine-affected areas landowners, and will continue this week with sessions on Wednesday 17 April at Guava Village where the ABG will engage with communities from Guava, Mosinau and Kokore villages. On Thursday 18 April, the ABG team will engage with communities from Parakake, Pakia, Siredongsi, Mainku, Korokoro and Ikipute villages at Pakia Catholic Chapel and on Friday 19 April, the ABG team will engage with communities from Kupei, Paraiano and Sunua villages at Arawa Town.
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Meeting AGB - Landowners am 16.4.
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Transfer of BOC Shares
Prime Minister Marape commends Rio Tinto on Legacy Impact Assessment for Panguna Mine - Post CourierPrime Minister James Marape today extended his gratitude towards Rio Tinto for its diligent efforts in conducting an effective legacy impact assessment for the…www.postcourier.com.pg……..and the full transfer of BOC Shares to the ABG and the landowners
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https://abg.gov.pg/index.php?/news/read/abg-chief-secretary-announces-key-interventions
Another key directive for the Bougainville Administration is on the Panguna Mine redevelopment. With the renewal of BCL's exploration license over Panguna Mine, an ABG interagency committee has been established to address all legacy issues, including mapping out crisis-related issues and other outstanding matters related to the mine.
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We will establish key committees within the Panguna redevelopment in terms of mapping out various legacy issues, consulting with our people and how the administration deploys itself in engaging meaningfully with landowners, with ex combatants, with every stakeholder in Panguna so that the government’s decision of issuing the exploration license to BCL can come into realization.”
“Government has given the exploration license; however, it is the administration that will provide that social license. We have to go down and deal with the legacy issues, get our people together, get our ex-combatants to go out and say that as responsible people we shut down the mine and now we are coming back to open it and there is no better person than the President himself at the forefront to renegotiate a new deal for the people of Bougainville,” Nanei said.
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Sieht so aus als ob die nach 35 Jahren wirklich vorhätten endlich in die Pötte zu kommen. ;-)))
https://www.thenational.com.pg/minister-rejects-comments-on-bougainville-referendum/
Bougainville has first draft of new constitutionTwo years after beginning consultations the Bougainville Constitutional Planning Commission has released its first draft of a home grown constitution.www.rnz.co.nzhttps://www.nasdaq.com/articles/top-5-asx-copper-stocks-of-2024
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- https://stockhead.com.au/resou…-stock-is-up-100-in-2024/
Bougainville Copper shares up 100% YTD as new MD appointed to steer redevelopment of once world-leading Panguna copper mine - Materials stocks hammered as ASX 200 cops a whack
- Dalian iron ore futures fall as China port stockpiles reach 13 month high
One of Australia’s most infamous mining stocks has had new life breathed into it with the appointment of a new managing director and CFO.
Bougainville Copper (ASX:BOC) is up an astonishing 100% so far this year in a market where most exploration stocks have tanked.
The silver lining which investors have seen is the potential to reopen the Panguna mine in Bougainville, mined between 1969 and 1989 by a subsidiary of Rio Tinto (ASX:RIO).
At one point the largest open cut copper mine in the world, a dispute over environmental damage and racism at the mine merged with Bougainvillean nationalism and morphed into a civil war that last almost a decade.
The PNG Government has now agreed to transfer its 36.4% share free of charge to the Bougainville government and people who between them will hold a 72.8% share in BOC.
The appointment as MD of David Osikore, independent director since 2019 and former MD of Pacific Niugini Minerals, and Johnny Patterson Auna as CFO is the latest step in efforts to return Panguna to operation for the first time in over 35 years.
The Autonomous Bougainville Government granted a five year extension to the Panguna exploration licence in February this year, ahead of planned pre-feasibility studies.
Announcements that senior managers had been appointed saw BOC’s shares lift 7.2% early today before falling back to a 1.45% gain at a market cap of ~$280m.
But hope springs eternal and it is not the first time BOC has gone on a run in recent years.
Its share price surged in February 2022 on media reports that Panguna clans and the Autonomous Bougainville Government were working on a process with landowners to reopen the mine, then again in early February after the renewal of the exploration licence was confirmed.
- https://stockhead.com.au/resou…-stock-is-up-100-in-2024/
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The PNG national government is committed to the imminent transfer of its 36.4 percent share in BOC, free of any charges, to the ABG and people of Bougainville. Thiswill mean, that for the first time in BOC’s 55-year history, the company will be majorityowned by the government and people of Bougainville, who will hold a 72.8 per centshare
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1969
The Bougainville Copper Project
The mining. operations of Bougainville Copper Pty Limited are located at Panguna on the Island of Bougainville which is part of the Territory of Papua and New Guinea. Mineralisation in the Panguna area was first established by C.R.A. Exploration Pty Ltd in 1964. Exploration work since then has established ore reserves estimated to be 760,000,000 tons of.0.47% copper and 0.4 dwt./ton gold. An economic feasibility study completed in July of this year has enabled a decision to be made to proceed with a major mining operation. The ore will be mined by open cut methods and will be treated in a conventional concentrator with a nominal capacity of 90,000 short tons per day. The concentrate will be pumped as a slurry through a 15 mile long pipeline to a port established on the east coast where it will be filtered and dried ready for export. Other supporting facilities for the mine include two towns, a 135 megawatt steam power station, and access roads.
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Bin auf das naechste JSB Meeting gespannt (early this year)
Sollten die BOC Shares an Bougainville transferiert werden duerfte das als Startschuss zur Wiedereroeffnung gewertet werden
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Panguna Landowners call for their 17.4% in BCL shares
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21 January 2021 210121 NINE LAND OWNER GROUPS WANT PANGUNA MINE TO RE-OPENED NEW DAWN FM NEWS Patrick Heromate a leader and member of one of the nine Panguna Landowners Association members groups says he and his association had a meeting on Monday and have come up with some ways in which Bougainvilleans can help our government gain revenue for our region. Mr Heromate says this is a message to the ABG government. The nine landowners say they would like to meet with the ABG and talk about re-opening Panguna mine. And discuss some ways in which this can be done without involving foreigners. According to him there are terms & conditions that the ABG government must comply with. He says this is not going to be easy and the final decision must not come from only one person but from everyone. Moreover, if the mining does re-open, they want locals to be engaged in working and not getting outsiders to work for us. This way, people can benefit from the mine. Mr Heromate also says the association does not want what repetition from 1987 but a change for Bougainville. And most importantly, they want the BCL Company owned by Bougainvilleans start up the re-opening process.. These landowners say they want Bougainville to be ready for Independence and this is one way. They also call on the government to start preparing educated people to help operate the mine. Ends………
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