Trading Bougainville Copper (ADRs) 867948

Eine konjunkturelle Erholung - in China oder weltweit - würde daher den Kupferbedarf und damit die Preise steigen lassen. Wie stark die Preise auf Nachrichten aus China reagieren, hat sich erst Anfang Dezember gezeigt. Der Einkaufsmanagerindex für das verarbeitende Gewerbe ist den dritten Monat in Folge gestiegen. Kupfer verteuerte sich erstmals seit sechs Wochen zeitweise wieder auf über 8 000 Dollar je Tonne. Mitte 2011 waren sogar Preise von 10 000 Dollar erreicht worden. Anfang 2009 hatte das Metall aber nur rund 3 000 Dollar gekostet.

Der Anstieg ist nicht verwunderlich, denn der wachsende Bedarf trifft auf ein relativ knappes Angebot, das zuletzt die Nachfrage nicht deckte. Die International Copper Study Group (ICSG) rechnet für dieses Jahr mit einem Produktionsdefizit von rund 400 000 Tonnen. Doch schon 2013 könnte sogar ein Überhang erreicht werden; die Meinungen darüber gehen allerdings auseinander. Vogel sieht das Defizit aktuell bei etwa 200 000 Tonnen und erwartet für 2013 erneut eine Angebotslücke. Die Folge: Die Lagerbestände schrumpfen und treiben den Preis nach oben. "Die 10 000er-Marke gerät im Laufe des Jahres wieder ins Visier", sagt Vogel.

Mehrheitlich wird hingegen ein Überschuss von 200 000 bis 450 000 Tonnen erwartet. Doch es wachsen die Zweifel. "Die ersten Experten revidieren ihre Überschusse nach unten", meint Daniel Briesemann, Metallspezialist der Commerzbank. "Das Angebot wird vom Markt überschätzt", glaubt er und begründet seine Skepsis zum einen mit dem rückläufigen Metallgehalt in den großen und alten Minen in Chile, dem weltweit wichtigsten Kupferland. Dort sei der Kupfergehalt in den ersten neun Monaten um 19 Prozent gefallen.

Für Überschuss oder Defizit werde zudem entscheidend sein, ob geplante Minenerweiterungen umgesetzt werden und vor allem, ob in der Mongolei die große Kupfermine Oyu Tolgoi im ersten Halbjahr 2013 an den Start gehen wird. Briesemann rechnet angesichts der Unwägbarkeiten mit Preisen von bis zu 9000 Dollar in der ersten Jahreshälfte, danach seien 8 500 bis 8 600 Dollar denkbar.

Wie bei anderen Rohstoffen haben Anleger mehrere Möglichkeiten, sich am Kupfermarkt zu engagieren. Dazu gehören Zertifikate ebenso wie Optionsscheine. Das Angebot bei den Industriemetallen ist aber deutlich kleiner als etwa bei den Edelmetallen. Alternativ bleibt der Weg über den Aktienmarkt. Größter Kupferverarbeiter in Deutschland ist Aurubis. Die Aktie notiert allerdings auf Rekordniveau. Von den Höchstständen noch deutlich entfernt ist hingegen beispielsweise die Aktie der US-Gesellschaft Freeport-McMoRan Copper & Gold Inc.

Regine Palm

Welchen Sinn das macht versteh ich nicht ganz!
Hat man doch damals den Sitz nach arawa verlegt, um
bei einer Wiedereröffnung der Mine seinen Sitz in der Nähe zu haben...
Quelle:
Postcourier.com

ABG told to shift

By WINTERFORD TOREAS

THE Autonomous Bougainville Government (ABG) has been urged to move its headquarter to Buin in South Bougainville.
The invitation was presented to the ABG president Chief Dr John Momis last Friday by the South Bougainville Veterans Association (SBVA).
SBVA had resorted to this decision following last week’s incident which saw government vehicles forcefully taken by the former home guards from Hagogohe constituency over outstanding hardship allowances.
According to the request which was signed by SBVA chairman Thomas Tari and his executives, incidents such as the one which happened last week would destabilise and cripple the ABG and should not be entertained.
SBVA totally condemned the incident, saying that the ABG came about because of sacrifices and hardships that Bougainvilleans encountered during the crisis therefore they should be working together for the betterment of Bougainville.
SBVA said availability of land would not be an issue because there was a large area owned by the State in Buin town which was yet to be utilised.
Mr Tari, before presenting their invitation to Mr Momis, also highlighted that the law and order situation in South Bougainville had already been contained.
Mr Tari said the former combatants had been helping and working in partnership with police and other stakeholders in the area to enforce law and order, resulting in the improvement in the law and order situation in South Bougainville.
Mr Tari also condemned the action taken by the Hagogohe home guards, saying that what has happened is a criminal issue and should not be encouraged and entertained in other parts of Bougainville.
President Momis said he accepted the invitation, however, he would have to present it to the government to consider and make decisions.
But he added that he always wanted to see that government and private sector institutions are spread throughout Bougainville.

Die Süd-Boug`viller möchten das wohl gerne,werden doch dort wo die Regierung ihren Sitz hat die meisten $$$ investiert. ;-))))))

And I agree with most anti-ABG groups that the leaders of the ABG and in Waigani's PNG national parliament are ignorantly selling Bougainville to the foe. (...)

To most concerned but silent Bougainvilleans, it is about time our leaders thought outside the box of the peace agreement and Constitution and created laws to control the movement of educated Bougainvilleans out of Bougainville and Redskins entry and departure in and out of the island.

One critic, secondary school leaver turned Panguna businessman, Steven Domiura, 31, says the ABG and the PNG government should formulate laws to ban New Guinean and Papuan entry into Bougainville. These people would enter Bougainville only with travel permits which would also help the Bougainville internal revenue collection effort. (...)

Domiura's views prompt me to add an idea I have long thought about. If there was creativity in Bougainville politics, the current ABG should have, jointly with the PNG government, created legal amendments to pave the way for denying the provision of employment for certain professions to Bougainvilleans outside of their homeland: nurses, health extension officers, outpatient staff, teachers, police, correctional service officers, accountants and so on. Such an exercise would address the shortage Bougainville faces in back at home because many qualified Bougainvilleans are in different corners of PNG. (...)

asopa.typepad.com/asopa_people/2012/12/migration-cont…

Time         Price   Volume  Value
10:57:36  0.6500  20,000  13,000
10:57:36  0.6500  15,000    9,750
10:57:36  0.6500  15,000    9,750
10:00:07  0.6400    3,500    2,240

man hat sich an die Trades in AU schon gewöhnt...der Weihnachtsfriede kehrt ein...
Sensationen sind kein mehr zu erwarten, oder vielleicht doch?

hotcopper.com.au/...p?fid=1&tid=1903587&msgid=11111178

Strange trading of late :/
I see it as either buying for the rally back up ( as history has shown at these levels ) or shares sold in preparation for shorting?

Interesting anyway.

...............what really happened

http://asopa.typepad.com/asopa_people/

This  is an extract from the Fernbergh Lecture given today by IAN KEMISH,  Australia’s high commissioner to Papua New Guinea, at Government House  in Brisbane

TO  UNDERSTAND PAPUA NEW GUINEA – the maturity or otherwise of its  institutions, the commitment of its people to democracy – it is  important to appreciate what really happened in the 12 turbulent months  leading to Peter O’Neill’s finally undisputed emergence, on 3 August  this year, at the head of this new and energetic government.

It is a story of painful  generational succession - one which tested the country’s constitution  and political institutions more than any other moment in its  post-independence history. It was a crisis that lasted exactly a year  and a day.

If you will permit me a digression, the day it all began  –2 August last year - was a unusual day for me.

It was the day I became  the first Australian High Commissioner in more than 20 years to visit  the site of the enormous Panguna mine on the island of Bougainville.

You will know that Panguna  was once the largest copper mine in the world – until a dispute focused  on landowner and environmental concerns morphed into a bitter struggle  by secessionists to break Bougainville away from PNG.

This became, in the 1990s,  the worst conflict the Pacific had seen since the dark days of World  War II. The mine lies dormant for the moment, and its future is  intertwined with the future  of the island. All this is another story, but it is worth mentioning in  passing as an abiding strategic issue of importance to Australia.

In any case, if you had  been there on the morning of the 2 August last year you would have seen  me walking – with dignity I hope - under the raised boom-gate that is  still used by former members of the Bougainville Revolutionary Army to  control access to the Panguna district.

You would have seen me  towing, by its foreleg, a very large pig – the ceremonial price for  Australia’s re entry into the area. I understand from reports I heard  later in the day that it was delicious, but cannot confirm this.

It was an eventful day.  Late that afternoon, on the long drive back to Buka town, our vehicle  became stuck at mid-point when fording a rising river.

My young colleagues – a  group of impressive young women – and I managed to extract ourselves  from the vehicle and escape the raging stream with the assistance of  hundreds of locals who magically appeared on the scene (as they always  seem to when an expatriate encounters trouble).

It was as I climbed to the  top of a grassy river bank, barefoot, muddy and soaked from the neck  down, that I received a text advising that Peter O’Neill had just been  elected on the floor of Parliament.

And it was in that state that I made my congratulatory phone call to him. Such is the romance of diplomacy.

 

Continue reading "PNG’s 12 turbulent months – what really happened" »

 

 

...The mine lies dormant for the moment, and its future is  intertwined with the future  of the island. All this is another story, but it is worth mentioning in  passing as an abiding strategic issue of importance to Australia....

 

 

man hat sich an die Trades in AU schon gewöhnt...der Weihnachtsfriede kehrt ein...
Sensationen sind kein mehr zu erwarten, oder vielleicht doch?

Für Dez 2012 steht noch die Verabschiedung der Mining Policy aus, hiervon erwarte ich mir einige Hilfreiche Infos, wohin uns die nächsten Monate bringen werden.
Unter anderem, wie mit den Trittbrettfahrern wie Morumbi Resources weiter verfahren wird.
Weiß jemand noch, bis wann diese von Momis bekannt gegeben werden soll?

09.11.2012  Source: The National   Bougainville has legal power   THE Autonomous Region of Bougainville says it has a legal and moral authority – not the national government – to make decisions on the Panguna mine.  ARB President chief Dr John Momis will not attend a meeting in Port Moresby tomorrow proposed by the national government to discuss matters related to the reopening of the mine in Bougainville.  Momis said because the Bougainville crisis originated from the conflict over Panguna, it was the ABG that had a “clear moral authority” to make all decisions about the future of the Panguna mine.  “Further, we are far advanced in the process of transferring mining powers to Bougainville agreed in 2008. The ABG envisages passing its own mining law before the end of the year,” Momis said.  He said the ABG should be the one to initiate actions in relation to Panguna and urged the national government to “recognise that authority”.  He said the ABG was building its capacity to deal with mining issues by establishing a mining department, an office for Panguna negotiations and a cabinet committee on Panguna negotiations.  “All decisions about the future of Panguna will be made utilising this home-grown capacity,” Momis said.  He said they welcomed any suggestions from the national government on the mine but any discussions on these should be held in Bougainville, not Port Moresby.  The invitation for the Port Moresby meeting tomorrow came from the Minister for Petroleum, Oil and Gas William Duma in collaboration with Bougainville Regional MP Joseph Lera, Minister for Bougainville Affairs Steven Pirika Kamma and Minister for Communication Jimmy Miringtoro.  The discussions are expected to be on:  Possible Panguna mine ownership concepts; benefit-sharing models available for consideration by the ABG and the national government on the Panguna mine; and, options for possible mine developers from Brazil, Venezuela and other South American nations other than Bougainville Copper Ltd.

101212Headquarter will spread by Aloysius Laukai  ABG President chief JOHN MOMIS says development on Bougainville would be spread in all regions to avoid unnecessary squatters by its own people looking for paid opportunities.  He made these comments when receiving the letter of invitation by South Bougainville Veterans Association in Buka last week.  President said that yes a headquarter will be announced sometimes in the future however development will reach all areas of the region and especially empowering the COE's as the government on the ground.  He said that the government cannot wait to work on the headquarter so if areas they are looking at are not ready they cannot wait for them...  On the invitation to Buin, President Momis promised to present it to the government for the members to deliberate on. ends

Aus meiner Sicht möchte Momis jetzt Nägel mit Köpfen machen, ob er sich mit seiner Einstellung durchsetzen kann bleibt offen, aber macht auf alle Fälle Mut :-)))

..........bedeutet vor Weihnachten, bzw. der letzten ABG Parlamentssitzung diesen Jahres.

ist denn das Datum der letzten ABG Paramentssitzung schon bekannt?

guten morgen.........                                                                                                         *B....C....*;-))) -   und  Mein  MULTIBAGGER FavoritMein  MULTIBAGGER Favorit* B??* ;-)))))

Was willst du uns damit andeuten ????

;d)))

Ich musste die Signatur ändern weil so eine Nase sich beschwert hat.;-))))

BOC - Mein MULTIBAGGER Favorit sei in einem anderen Thread Werbung für eine threadfremde Aktie.

hi hi
... so einen "Liebesbrief" hatte ich die letzten Tage auch von einem Oberadmin -Polizisten, oder wie auch immer- bekommen,
obwohl ich ja nur hier schreibe ...

hi hi  ... und schon  wurde  mir mein schöner "Abgesang" geklaut ...

Einspruch einlegen, wenn du nur hier schreibst machst du ja kaum "Werbung für eine Threadfremde Aktie" ;-))))))))))))

Da ist heute morgen eine Mail von A. Sturm wegen der "Umtriebe" von Herrn Lindsey Semple und Morumbi Res. und wegen sonstiger "Aktivitäten" einiger Leute auf Bougainville bei mir angekommen und ich denke, diese haben die Anderen auch erhalten.

Villeicht kann der eine oder andere seinen "Einfluß" bei BCL auch dazu nutzen, denen anzuregen, sie sollten doch auf Bougainville ein bissel mehr das Projekt Panguna anzustupsen und dort mehr positive Stimmungsmache betreiben.

Dies dürfte im Sinne aller sein.

Bis dann!

............des beschriebenen Szenarios der Wahrheit entspricht, (wovon ich ausgeheda da der "Informant" über jede Menge Interna zu verfügen scheint) so dürften die Tricksereien einem ganz bestimmten Personenkreis zuzuordnen sein,bei dem LS u.SK nur die Hilfsarbeiterrolle übernommen haben.Zumindest ergeben die AU Trades so einen Sinn (incl. der "Shorttheorie")

Dem ESBC wurden in der Mail ja mehrere Aktionsmöglichkeiten aufgezeigt,mal sehen für welche Option der Präsi sich entscheidet. ;-)))))))))))))

brontecapital.blogspot.com/2010/06/...h-carlo-civelli-and.html

New Post # 707

asopa.typepad.com/asopa_people/2012/12/...pa-mining-story.html  Morumbi, Michael Aite & the Avaipa mining story  LEONARD FONG ROKA | Supported by the Jeff Febi Writing Fellowship  Lindsay SempleCANADA-BASED BUSINESSMAN Lindsay Semple (pictured) is no new face on Bougainville.  During the formative years of the Autonomous Bougainville Government (ABG) he was in the province with his own company, Invincible Resources.  This is when he created the controversial Bougainville Resources Development Corporation (BRDC) which would own 70% of the island’s resources.  But this time, he has come with a new face, Morumbi Resources Inc. But it’s not so new because it has the same people clearing the path for Lindsay Semple: former Bougainville Revolutionary Army leader, Sam Kauona, and PNG Highlander and PNGDF soldier turned businessman, Philip Dari.  The attraction for these opportunists goes back to Bougainville Copper Limited (BCL) days. Since the 1980s there had been a moratorium on exploration in Bougainville with the exception of the Special Mining Lease (SML) on which the mine is located.  As the crisis was erupting, the moratorium was extended over the whole island, and this has never been changed. So dangerous fools are now running after this opportunity, or perhaps mirage.  In the search for landowner approval, Sam Kauona and Philip Dari, have developed relationships and registered complicated landowner companies with the Isina, Kompani, Avaipa, Atamo, Kawasia, Karato and Korovi people.  Michael AiteIn the Avaipa area, Sam Kauona connected with Michael Aite (pictured). Aite had been a government community affairs officer since the 1970s and, by the time of the peace process, he and Sam Kauona were members of the Bougainville Peoples’ Congress (BPC) a political party led by the late President Joseph Kabui.  During the early days of the ABG - Invincible Resources relationship it was said that Lindsay Semple gave K20 million as a free gift to the people of Bougainville which was squandered within the perimeters of the BPC-controlled Bougainville administration.  But, to the surprise of the people, Morumbi Resources Inc is now running after this ‘free gift’.  According to most Avaipa people, Michael Aite and Sam Kauona have formalised many things about mining in the Mainoki section of Avaipa - specifically Mt Sugarloaf locally known as Katavi.  The pair covered a large area from Katavi to the head of the Asimana River in their potential mining block. This is the whole mountain backbone of the Crown Prince Range behind Avaipa and nearly the size of the Panguna special mining lease. The intention is that it be explored and mined by Morumbi Resources Inc.  Without formally meeting the people in June 2012, Sam Kauona and Michael Aite had some locals from Siuema village clear a jungle land patch for an exploration camp in the mountains of Siuema near the head of the Asimana River. This sent shockwaves across Avaipa.  Later on Lindsay Semple and Sam Kauona visited Siuema to formalise agreements for land use in the exploration area. According to informants, the visit was unheralded so errand boys were ordered to fetch the chiefs to sign documents they knew nothing about.  On the next visit (still in June) came Semple and the New Guinean, Philip Dari, to formally sign agreements to give the go-ahead for Avaipa exploration.  But to the surprise of the gathering, Lindsay Semple asked the meeting to sign an agreement he said was to do with assistance to agricultural development in the Avaipa area.  A row broke out but the people were calmed and the paper was signed in the belief this was an agricultural development assistance agreement. Locals claim they are yet to receive a copy.  Weeks after the signing the paper with Semple and Dari, the people were told what they had signed was an agreement for the exploration and mining of their mountains by Morumbi Resources, for which Aite was the agent on the ground.  Michael Aite’s committees were also surprised because they had been informed by Aite that they were working for an agriculture-oriented development project.  Aite was soon summoned to an all-Avaipa meeting in Paruparu to sort out the problem. The meeting was told the mining proposals by Morumbi were to reciprocate the K20 million given to Bougainville by Lindsay Semple.  According to Aite, his master Semple borrowed the K20 million from a Russian source as a loan and gave it to the ABG. Now the financier was running after the money and the government of Bougainville ought to repay it.  Since the ABG has no money, mining was the only way to help repay the loan as agreed by the ABG under the leadership of the late Joseph Kabui.  The gathering hit back, saying the K20 million, as all Bougainville knows, was said by Semple to be a ‘free gift’ to the people.  Aite was told he had no right ushering Semple, Dari and Kauona into Avaipa because he was not a chief.  There was no policy giving people like Aite and Kauona approval to drag foreigners into Bougainville.  To the people of Avaipa, where the late President was a citizen, Semple and Kauona are considered to be responsible for his death because of “their selfish hunger for money”. Many harsh words were said about them and Philip Dari.  Later Aite was asked: “Have you people compensated the late President Joseph Kabui for killing him?”  Aite said nothing but broke into tears as his nephew rushed into the meeting with a tomahawk to behead him, but was stopped.  The meeting told Aite not to invite “the three rascals” into Avaipa for, if he does, he will rot in the Crown Prince Range with Semple.  So far, the Morumbi Resources team has been absent from the Avaipa because of the threat.  The people will not soon offer a welcome to any operations by Morumbi.

Die shorties haben im Jahr 2012 auch deshalb so leichtes Spiel, weil "auf unserer Seite" faktisch mit bestenfalls semiprofessionellen Info-Methoden gearbeitet wird. Zu wenig durchdacht und zu heterogen sind die individuellen Kulturen und Vorgehensmethoden.

Meine Meinung ist, durch dieses planlose Vorgehen sind die heutigen BCL-Aktieneigentümer mehr denn je ein Spielball der großen Zocker.
Und das haben wir uns schon selbst eingebrockt, dieses Süppchen.

In der Substanz ändern wird sich sowieso erst alles, wenn PNG den inoffiziellen
Panguna-Boykott beendet. O`Neill hat sich hier leider auch nur als Machtpolitiker entpuppt, der scheinbar den Bürgerkrieg aus den 90er Jahren noch nicht als gänzlich verloren bewertet. So einfach gibt er diese wertvolle Metallinsel nicht frei.
Es liegt auf der Hand, da muss schon mehr als ein Bitte Bitte von Momis kommen.

Longwilli