Trading Bougainville Copper (ADRs) 867948

Hier hat sich Rio ebenfalls vor 2 Jahren von einem 19.1% Stake getrennt. Aktie damals USD 0.25, aktueller Preis USD 3.00, Dies könnte bei BOC auch passieren :-)

www.mining.com/...-png-copper-gold-mine-with-51bn-in-reserves/

Seit einigen Tagen kann man nichts mehr zu BOC lesen.
Gibt es irgendeinen Newsflow, der in nächster Zeit kommen soll?
Bel Kol ?  

www.thenational.com.pg/bville-will-still-depend-png/
....
Finally, the only thing Bougainville will rely on to develop itself  will be  its nature resources, including the still remaining huge copper and gold deposits
In Panguna, the big question is  how will capital be raised to develop these resources and who will develop them?
The obvious answer is that they will need a foreign entity and capital to develop these resources, as they do not have the capital nor the expertise to develop them.
This will subject them to these foreign interest terms  and conditions.
Therefore, Papua New Guinea will still be needed for assistance and advice.

210.193.160.7/netwealth2/depth/boc

heute:

www.stocknessmonster.com/

heute:

www.stocknessmonster.com/

strohfeuer

K92 Mining brings Kaintantu gold mine back to life

kainantu-mine-plant

Sarah Byrne | Business Advantage PNG | 7 February 2017

After eight years in mothballs, Papua New Guinea’s Kainantu gold mine is preparing to export gold concentrate again...................................

Negative sentiment in the market is an ongoing challenge for any junior mining company, Lewins comments. ...........

   ‘I personally believe the market will change towards the second half of the year, but right now it’s a difficult market for junior mining companies,’ Lewins explains.
.......................
Kainantu’s current resource is over two million ounces, which includes the Irumafimpa area and Kora deposit. According to K92 Mining, two million ounces is only a small part of Kainantu’s potential resource. ........... K92 Mining reached an agreement with local tribal group, the Pomasi, and it has since commenced exploration in this area that spans two of the company’s exploration leases.

With connections to grid power and access to the main highway, Lewins says from a location and infrastructure perspective ‘this [Kainantu] is about as good as it gets in Papua New Guinea.’

Many areas of Papua New Guinea have limited infrastructure, but according to Lewins there are areas like Kainantu that have the benefit of road access and remain underexplored.

   ‘If it was in Australia, it would be overrun. Papua New Guinea is an incredibly well endowed and a massively underexplored area of the world.’

hotcopper.com.au/resources/...may-2015-on-supply-curbs.42293/

Wenn ich weiter oben Historische Kennzahlen *die letzten 3 Monate*  mal anclicke: = sieht sehr gut aus.
Weiter so. Da könnte selbst BV/, gemessen an  seinen strong buy Empfehlungen........ NOV, DEZ, JAN......... ins grübeln kommen. ;-)))))

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bougainvillenews.com/2017/02/19/...reshold-of-the-referendum/

Cedric Patjole | Loop PNG | February 25, 2017

................Outgoing Secretary of the Department of Mineral Policy and Geohazards Management, Shadrach Himata, will be taking up a new role in the Autonomous Region of Bougainville.

Himata told Loop PNG during the Departments Corporate and Strategic Plan Launching that he will be taking up the role of Mining Secretary in ARoB.

He said he will be assisting the autonomous government in developing the mining sector in the island.....................

stocknessmonster.com/news-item?S=BOC&E=ASX&N=466006

..........................es stimmt  tot gesagte leben länger. :-))

wie wärs mit Rio Tinto ;)

Panguna development. Ongoing meetings have been held with both major shareholders seeking commitment for development of the Panguna mine. The ABG and PNG Governments have indicated support for the re- opening of Panguna and BCL as developer. Your company is now proactively engaging with major stakeholders in the preparation of an acceptable staged development plan.

Zwar total unverbindlich das Statement aber immerhin....

www.stocknessmonster.com/news-item?S=BOC&E=ASX&N=466284

....................................All major stakeholders are working
together to deliver a successful outcome involving 2123 landowners and payment of K14.5million. It is pleasing to report that payments commenced in  February 2017..................................

Es läuft doch!............................. in die richtige Richtung. Step by step........

... und vor allen Dingen da unten bei unseren "Kollegen". :-)

... der bessere Begriff.... bevor hier die Juristen Amok laufen.... ;))

BOUGAINVILLE Minister for Minerals and Energy Resources Robin Wilson says Panguna mine is the single largest project that can move Bougainville forward.

Mr Wilson said it would ease financial hardships for landowners of Panguna and Bougainville, therefore, it was in their interest to re-open the mine. He was speaking during the presentation by Bougainville Copper Limited (BCL) of its future plans for Panguna mine. Mr Wilson urged the landowners re-open, adding. "you have the veto power and whatever decision you make must be for the good of the whole of Bougainville".

"Let’s have one voice and move forward," Mr Wilson said at the BCL presentation that was later graced with the initial payment of K5 million to two landowner associations in outstanding 1989 to 1990 compensation payments.

The other seven groups will be paid after completing the compiling and verifying names of families. They will be paid a total of more than K14 million.

"New regime to create something special for Bougainville"

Sebastian Hakalits | Post Courier | 1 March 2017

BOUGAINVILLE Copper Limited (BCL), under a new regime, is keen on re-opening the Panguna mine with promises of more equitable sharing of wealth with landowners and the Autonomous Bougainville Government.

Company chairman Robert Burns was in Buka last week and met with Bougainville cabinet ministers and landowner groups to put forward BCL’s proposals for start-up by year 2020.

According to BCL’s proposals on full operations from 2020 and beyond, it will inject US$350 million (K1 billion) a year to the Bougainville Government.

BCL has projected to pay about US$25 million (about K70 million a year) to the nine landowner associations to distribute among themselves.

The details of the BCL forward plans for Panguna were made at a presentation by the company recently.

BCL operated the Panguna mine for 18 years as a subsidiary company of Rio Tinto until it was shut down by the infamous Bougainville crisis from 1988 to 1999.

But the company was under a new regime after Rio Tinto left and during the process, off-loaded its majority of 53 per cent shares, of which a majority of 36 per cent belongs to Bougainvilleans, to the ABG.

The National Government owns 19 per cent, Panguna landowners 17 per cent and the rest other shareholders in Europe.

Mr Burns said in his presentation that BCL would engage with the ABG and landowners to fast-track and remove the impending issues to "create something very special for Bougainville".

He said the company was ready and very much interested and committed to access Panguna and carry out the activities of feasibility and environmental studies before re-developing the mine. But he insisted that the ABG must support the company in its endeavours to remove any impediments so that it can have easy access to the Panguna mine area.

- BOUGAINVILLE Minister for Minerals and Energy Resources Robin Wilson says Panguna mine is the single largest project that can move Bougainville forward.......

-BOUGAINVILLE Copper Limited (BCL), under a new regime, is keen on re-opening the Panguna mine with promises of more equitable sharing of wealth with landowners and the Autonomous Bougainville Government........

- Open Mine by 2020

Das kann hier schon  seit ein paar Jahren als Erkenntniss/Forderung nachgelesen werden.

Aber auf die paar Tage.......;-)))))

bougainvillenews.com/2017/03/01/...ing-mine-start-up-by-2020/

erleben.... ist sowieso eine schöne Jahreszahl...
da knallen dann die Korken und in Rente bin ich auch... als hat meine Planung funktioniert...