Trading Bougainville Copper (ADRs) 867948

seekingalpha.com/article/...io-tinto-lear-seagate?source=yahoo

Rio Tinto (RTP $184) is a top-tier global miner along with BHP Billiton (BHP) and Anglo American (AAUK). A mega-merger proposal from larger rival BHP effectively sees Rio in play. A world-class asset base and capable management make Rio one of the few miners to earn more than its cost of capital through the commodity cycle. Geographic and product diversification give Rio relatively stable cash flows and lower operating risk than many of its mining peers. Morningstar says:

"Through selective acquisitions and grassroots exploration, Rio has assembled a large portfolio of long-lived, low-cost assets. Operations include world-class hubs in aluminum, coal, copper, diamonds, gold, iron ore, industrial minerals, and uranium. This competitive resource base sets Rio apart from the rest of the pack and supports returns above average for both the resource industry generally and its more select diversified mining peers."

Fair Value Estimate: $604. Consider Buying: $423. Consider selling: $846. Gain from current price to fair value: 228%. Gain from current price to sell price: 360%.

Nachdem etliche "Chiefs of Elders" sich zu "Reconciliations" entschlossen haben möchten nun auch etliche "Kids" aus Musingku's "Royal Guards" wieder "heim zu Papa," jedoch am liebsten "nicht ohne meine Kohle";-))))))))))

Wie den 6 Fiji "Missionaren",welche für das Training von Musingkus "Royal Guards" engagiert waren und von denen nur noch einer vor Ort ist,war auch den Kids von Musingku 1 Million Kina als Sold versprochen worden.

Nachdem sich die Auszahlung seit Jahren immer wieder verzögert hat,ist ein Grossteil der "Truppe" jetzt ganz einfach desertiert,jedoch ohne "die Flinte ins Korn zu werfen".Ihre 12 high power rifles haben sie dabei mitgenommen.Gleichzeitig wurde ein Ultimatum an Musingku zwecks Auszahlung der geschuldeten Gelder gestellt.

"Mr. Karau gave some period of time to pay the K1,000,000.00 or else there will be some sort of cosequences to face."

Im Moment scheint Musingku wohl die Auswirkungen seiner ganz persönlichen "Finanzkrise" zu erleben.;-)))))))

Jetzt bestehen gute Chancen,dass das ABG dem U-Vistract Spuk noch vor den Wahlen ein Ende setzt.

fijidailypost.com/news.php?section=1&fijidailynews=19984

Women launch peace, initiative
3-Nov-2008 09:10 AM

Eight years on since the unanimous adoption of UN Security Council resolution 1325 –‘Women, Peace and Security -, a Pacific women’s media network on ‘1325’ on Friday launched its first policy initiative, which serves as a guide for governments and civil society organisations to assist in the implementation of this ground breaking resolution:

“As a result of the threen-monthly interviews each of our regional correspondents in Tonga, Bougainville and Solomon Islands undertook, 288 individual women’s voices and experiences are reflected in this policy document,” said said femLINKPACIFIC Policy and Research Officer, Veena Singh-Bryar, who spoke alongside Helen Hakena of Bougainville, Papua New Guinea and Betty Blake of Tonga at a Media and Policy Roundtable on Friday.

In addition, with our network of rural correspondents and community radio volunteers in Fiji, more than 200 women have spoken of their human security concerns and priorities to femLINKPACIFIC. It is these voices, these priorities, which are reflected in our first policy initiative - UN Security Council resolution 1325, said Singh-Bryar.

The Pacific commemoration of the 8th anniversary of 1325 was hosted by femLINKPACIFIC (Fiji), Leitana Nehan Women’s Development Agency (Bougainville, PNG), Ma’a Fafine mo e Famili (Tonga) & Vois Blong Mere Solomon (Honiara) in association with the Pacific Islands News Association (PINA).

The women’s media network, has grown from the pilot projects initially supported by the UNIFEM Pacific regional project on Women, Peace and Security, and opportunities to work with international partners such as the NGO Working Group on Women, Peace and Security and its members including the International Women’s Tribune Centre, the Peacewomen project of the Women’s International League for Peace and Freedom (WILPF) and the Inclusive Security/Sustainable Peace: Women Waging Peace network.

The network is supported by funding from AUSAID.

The femLINKPACIFIC coordinator Sharon Bhagwan-Rolls said, the policy initiative “gives women the opportunity to negotiate their way through a maze of information and communication channels in order to be heard, in order to be recognized, in order to communicate a culture of peace, especially at the political level.

“Last year, members of the regional network affirmed the role and responsibility to continue to promote United Nations Security Council Resolution 1325 which they believe is an important component of the  collective and on-going work on human rights, and women, peace and human security,” said Bhagwan-Rolls.

In Erwartung der Wahlen oder der Veröffentlichung der Hatch Studie?

....oder gab es irgendwo ne Empfehlung ;-)))))))))))))))))

www.thenational.com.pg/103108/nation10.php

B’ville fisherman survives shark attack
By LYDIA GIRANA
A FISHERMAN from Selau-Suir constituency in Bougainville narrowly survived a shark attack on Wednesday while fishing in his home waters.
John Wotsia was attacked by what he described as a shark which almost ripped off his left leg.
Mr Wotsia received serious shark bite wounds and was immediately rushed to the Buka General Hospital where he was treated.
He told The National that he was actually aware of the shark’s presence soon after arriving at his fishing spot.
“My first two catches were eaten by the shark, and I had also spotted the shark around my canoe on Friday and Saturday of the previous week while fishing with my friends,” Mr Wotsia said.
He said the creature was very intelligent and it attacked him from behind.
Mr Wotsia said he was pulling his line of catch to the canoe while his leg hung over the side when he was suddenly attacked by the shark.
“The shark had a very good grip of my left leg with its front teeth and it almost ripped my leg off,” Mr Wotsia said.
In his struggle to free himself, Mr Wotsia lifted his leg up into the air with the shark still hanging on and, when the shark let go, he was left with a badly injured left ankle.
He said after the attack, his two friends who were fishing nearby came to his rescue.
From his hospital bed, Mr Wotsia appealed to other fishermen to take extra care while fishing and to always stick together in case of accidents like his.
Mr Wotsia is slowly recovering from his wounds.

....findet in Sydney die 10 Papua New GuineaMining & Petroleum Investment Conference statt

http://www.pnginvestment.cia.com.au/

Following on from the extremely successful conference in 2006, the PNG Chamber of Mines and Petroleum are hosting its 10th Conference at the Sydney Hilton Hotel from 1-3 December 2008.

.......... sollte Edward Okuau sein, welcher auch aus diversen anderen Teilen des Landes Unterstützung erhalten soll.(noch nicht offiziell)

Edward Okuau's professionand experience is with mining and may have very limited knowledge of politics. Since he gained his masters in mining at the Jesus University in the Philippins he was engaged to do research and awareness by Bob Danaya in Pogera, Ok Tedi and other mines in the highlands mainly on social impacts.

Nach den bekannten Details seiner Vita scheint er wohl eher ein PRO Mining Kandidat zu sein. ;-))))))))

www.abc.net.au/news/stories/2008/11/05/...8.htm?section=justin

Climate change refugees to be resettled in PNG
Posted 45 minutes ago

The world's first climate change refugees will be relocated from their Pacific island home to Papua New Guinea by March next year.

The Solomon Islands Broadcasting Corporation says 40 families from north of Ontong Java in the Solomon Island's Malaita Province will be relocated to Bougainville.

Flooding has made parts of their islands completely uninhabitable and the islands are expected to be fully submerged by 2015.

The relocation is estimated to cost the Autonomous Bougainville and PNG Government millions of dollars over the next six years.

One third of the 1,500 residents have refused to leave the islands.

www.zeit.de/news/artikel/2008/11/05/2653986.xml

Hallo,

die Umsätze nehmen zu, nach 238K vor drei Tagen in Deutschland, heute 174K in Australien, wobei 150K in einem Stück gehandelt wurden. Wer kauft hier ein?? bzw. wer verkauft so billig??

Gruß
Donn

.........ist nicht im Orderbuch aufgetaucht,könnte eine ausserbörsliche Umschichtung gewesen sein.

www.thenational.com.pg/110608/nation31.php

By JUSTA LOKOBAU
FORTY families from the Atoll islands in the Autonomous Region of Bougainville will be the first to be relocated due to the accelerating problem of rising sea levels, becoming the first climate change refugees in PNG.
Acting chief administrator and chairman of the Atolls Relocation Committee Raymond Masono revealed this in an interview at his office this week.
Mr Masano said different sectors of the Atolls had come up with details of the verification plans which were ready to be implemented.
He said the administration had decided to buy a plantation outright, which would be divided according to the different sectors in the Atolls, however the first priority would be given to the Carterets islanders because they were the ones most affected right now by rising sea levels.
The Bougainville administration gave relief supplies to people in the Atolls once every year, however, Carterets islanders will now receive three relief supplies a year.
“Decisions have been made by the administration to give a quarter of the relief supply to the Caterets every year for a short time only,” Mr Masono said.
He said the administration would resettle the families in north Bougainville because of the similarities in cultures.

says Akoitai

By FRANCIS GABRIEL

LASTING and total peace on Bougainville will only come about if the autonomous region was made gun-free, former member for Central Bougainville Sam Akoitai said.
He said weapons disposal was one of the three pillars of the Bougainville peace agreement, which in recent times had
"collected cobwebs".
Mr Akoitai said the other two were autonomy, which had already been implemented and enforced, and referendum – a way for the people of Bougainville to decide their future – "after and when the region becomes gun-free".
According to Mr Akoitai, who was speaking on the future of Bougainville on FM100 Talk-back Show on Tuesday, the reasons why the programme was not moving forward were because:
l Elected leaders never took it seriously because of changes taking place;
lThere were no cohesive dialogue between the Bougainville MPs and the Autonomous Bougainville Government leaders; and
lMost of the players in the negotiation of the Bougainville Peace Agreement were sidelined.
Mr Akoitai urged that those sidelined leaders be re-engaged to mediate peace reconciliations and implement the weapons disposal programme "because they understood and know the spirit of the agreement".
Though Mr Akoitai admitted that there were guns still being carried around in public on Bougainville, the onus was on the people to make the region gun-free.
"If changes had put us off course then, we need to re-strategise and bring all factions to understand the peace agreement and its aim – total peace," he said.
"Time for negotiation is done, now is the time for implementation.
"It's true, implementation is the hardest part of the agreement but it is the only way towards that referendum."

www.thenational.com.pg/110708/nation9.php

www.postcourier.com.pg/20081107/frhome.htm

PAPUA New Guinea Electoral Commission and the Bougainville legal eagles yesterday signed an agreement on the mandate to manage K3.6 million allocated to fund the presidential by-election in the region.
PNGEC Commissioner Andrew Trawen and Bougainville legal officer Chris Siriosi yesterday signed the agreement at the national co-ordinating office of Bougainville Affairs in Port Moresby, giving legal effect to several issues.
“Consistent with the principles on which implementation of the ‘joint creation’ embodied in the Bougainville Peace Agreement is based, the PNG Electoral Commission and the Bougainville Administration are firmly committed to consult and co-operate in preparing for conducting the by-election for ABG President and the Ramu Constituency,” the agreement states.
“The PNG Electoral Commission has been given responsibility by the national Department of Treasury to manage the K3.6 million allocated to meet the costs of the by-elections, and is accountable for the funds under the National Public Finances (Management) Act, standard accounting principles, and proper acquittal procedures;
“The Electoral Commission, on behalf of the PNGEC, the National Government and the holder of the Office of Chief Administrator of Bougainville on behalf of the Bougainville shall:-
In the event that the ABG does not legislate so as to give full effect to the Papua New Guinea Constitution’s 321 and the Bougainville Constitution, Part XVI, Bougainville Constitutional Office Holders and Bougainville Constitutional Institutions, or these or other relevant laws cannot be implemented in full in time for the by-elections, meet at the earliest practicable opportunity at an agreed time and place to consult and agree to the appointment at an agreed time and place to consult and agree to the appointment of an appropriately qualified person of integrity to act as Returning Officer/Bougainville Electoral Commissioner in regard to the by-elections for the offices of ABG President and member for the Ramu Constituency.

www.postcourier.com.pg/20081107/frhome.htm

Speaker to contest

SPEAKER of the Bougainville House of Representatives Nick Peniai is believed to have resigned his post in order to contest the presidential by-election.
ABG insiders told the Post- Courier the Speaker had made known his intention of contesting the prized seat left vacant by the late President Joseph Kabui.
Attempts to contact Mr Peniai were unsuccessful yesterday but an official in the ABG confirmed that Mr Peniai had joined the other unspecified number of contenders aiming for the big post.
“I can only tell you that the Speaker had made known his intention to resign, apart from that you can get the rest of the story from the man himself (Mr Peniai),” the source said.
Meanwhile, the Electoral Commission office on Buka has sent out public notices to Bougainvilleans living outside the region for them to enrol if they wanted to vote in the elections.
“If your name is not on the common roll you may call into the office of the election manager in your province where you can fill in an enrolment form (BE Form 34) sign it and fax to 9739396.
“Section 54 and 55 of the Bougainville by election Act 2007 provides that Bougainvilleans living outside Bougainville may enrol and vote in the coming Bougainville to fill in the vacancy of the president of the Autonomous Bougainville Government which commences on December 6, this year. Please call provincial returning officer Reitama Taravaru to confirm if your name is on the common role.”

www.postcourier.com.pg/20081107/frhome.htm

Ready to go!

This vehicle was spotted at Kokopau loaded up with bicycles for Arawa. Many youngsters in Arawa love riding bicycles due to the good roads built their since BCL times.

Words and picture:
GRAEME BININ

www.postcourier.com.pg/20081107/frhome.htm

BY-ELECTIONS in the Autonomous Region of Bougainville for the President and Ramu seats started formally yesterday when Speaker Nick Peniai signed and issued the writs.
Acting Bougainville Chief Electoral Commissioner Mathias Pihei said the issue of writs started the process that will end with the return of writs and formal announcement of the new President and Member of the House of Representatives for the Ramu Constituency on December 31.
The issue of writs is the direction given by the Speaker of the House commanding the Electoral Commission to conduct the by- elections to elect the President and Ramu MP.
The by-election will be the first to be conducted under the Bougainville Constitution and also following decisions made by the Bougainville Executive Council including that to appoint an acting Chief Electoral Commissioner for Bougainville.
“So this is basically a by-election using our own laws and this shows that the autonomy is working on Bougainville though not in a big way,” Acting President John Tabinaman said yesterday.
Mr Tabinaman also thanked the Government of Papua New Guinea for allocating K3.6 million to conduct the by-elections.
He said the whole by-election process called on every Bougainvillean to be responsible and honest and to conduct the election with honesty, care and diligence.
Acting Chief Administrator Raymond Masono appealed to all public servants to understand their roles as election officials and do their job with diligence and remain neutral at all times.
Speaker Nick Peniai who has resigned his position to contest the Presidential seat said the issue of writs started the whole democratic process for the people of Bougainville to elect their President and also a representative for the vacant Ramu Open seat.
Mr Pihei said the outcome of the process that started yesterday would be know in five to six weeks time when the writs are return to Parliament.

..........ESBC

......as a former PNG mining minister, Sam Akoita kandidiert als Präsidentschaftskandidat ;-)))))))))))

Akoitai ist der wohl erfahrendste Bougainviller Politiker,Ex-BCL Mitarbeiter u. als Ex-PNG Miningminister für den Job wie geschaffen.Anlässlich der HV in POM hat er uns gegenüber noch explizit bekräftigt dass die Wirtschaft in Bougainville NUR mit der Pangunamine und BCL saniert werden kann. Mit ihm als Präsidenten wäre die Wiedereröffnung der Pangunamine wohl nur noch eine "Formsache" ;-)))))))

au.news.yahoo.com/a/-/world/5129875/...r-for-bougainville-job/

Former Bougainville Revolutionary Army (BRA) commander Sam Kauona has put his name forward in the hotly-contested Bougainville presidential race.

The autonomous Papua New Guinea region of Bougainville is to choose a new president after its former leader Joseph Kabui died suddenly of a heart attack in June.

Nominations for the presidential by-election have opened with a new leader expected to be chosen by the end of the year.

Kauona earned his stripes fighting alongside former BRA chief Kabui during the protracted civil war against the PNG defence forces in the 1990s.

"I have decided to contest the by-elections because we the people of central Bougainville have an unfinished task," Kauona told a crowd of supporters.

"We have to make Bougainville safe once again by putting out the fire we started.

"We have to get rid of the guns and the lawlessness especially in the south and central provinces," he said.

The election, with no clear favourite, is also seen as a referendum on the popularity of a controversial mining deal Kabui struck with Invincible, a Canadian-owned company.

Other candidates include a key broker in the 2001 Bougainville peace deal, James Tanis, as well as a former PNG mining minister, Sam Akoita.

Bougainville parliamentary speaker Nick Peniai has resigned to contest the election and former senior BRA members are also expected to run.

PNG's Post-Courier newspaper reports the election is being held under Bougainville's laws which shows another step towards total independence expected in a 2015 vote.

Bougainville and PNG spent nearly a decade in a pyrrhic war over Bougainville Copper Limited's Panguna mine.

The local landowners fighting for better royalties and environmental concerns brought forward the Bougainville independence movement.

An dieser Konferenz hat neben BCL auch eine  Panguna Landeignerdelegation unter Leitung von Mr Michael Pariu teilgenommen.Dabei wurden schon konkrete Fragen über die Lagerung des zu erwartenden Abraums der Pangunamine behandelt damit sich ein Umweltdesaster wie am Jabariver nicht mehr wiederholen kann.

An diesem Wochenende findet ein Treffen der Landeigner mit dem von ihnen unterstützten Präsidentschaftskandidaten Sam Akoitai,sowie dem aktuellen PNG Miningminister Hon Dr Puka Temu statt.

I will keep you informed of the progress. ;-)))))))))))))))

www.lswn.it/en/press_releases/2008/..._madang_papua_new_guinea

A conference on deep sea mine tailings placement will be held from 4 to 7 November in Madang, Papua New Guinea.

The main aim of the conference is to gather international scientists and key stakeholders such as Papua New Guinean government agencies, nongovernmental organisations, mining industry, and landowner representatives to disseminate and discuss the results of:


The world's population will always need mineral resources, and environmental issues associated with their extraction are expected to gain importance.

The challenge, therefore, is to develop the best mining practices and technologies while minimising the environmental impact of mining operations.

Waste disposal is an important issue that requires consideration, and deep sea disposal of mine tailings remains a controversial option.

Nevertheless, when mines are located on islands that have little appropriate land, have a risk of flooding due to high rainfall and have high instability risks due to seismic activity, it may be the disposal option with the least impact.

........to encourage leadership on the HIV/AIDS issue

www.rnzi.com/pages/news.php?op=read&id=42999

A Handbook for Parliamentarians was launched by Francesca Semoso, the Deputy Speaker of the Bougainville Legislative Assembly..........

Nachdem Francesca Semoso von Kabui wegen ihrem Wiederstands gegen den Invincible Deal noch aus dem Parlament entfernt wurde scheint sie nun also wieder politisch aktiv zu sein. ;-))))))))))

www.thenational.com.pg/111008/nation31.php

By LYDIA GIRANA
THE Autonomous Region of Bougainville will be hosting the annual town mayors’ conference in Buka, starting today.
The theme of this year’s conference is “Service delivery programmes introduced at sub-national government and its impacts on urban local level government service delivery mechanism”.
The theme addresses challenges and realities faced by urban local level governments in delivering service within their towns and cities in the face of a rapidly changing environment.
Urban local level governments like their counterparts in the rural communities is the sphere of Government closest to the people.
Through their service delivery functions, towns and cities provide an enabling environment for economical and social development.
In doing so, these services improve and enhance the quality of life not only for its urban communities but also the rural population who come to town to access the various services such as banking, hospital, post office and other Government services.
The conference will also be reviewing the enabling legislation to strengthen governance at the sub-national level and to maximise the involvement of people in governments and development.
The conference will be disseminating service delivery practices undertaken between towns and cities in Papua New Guinea in partnering with sister-cities in Australia to show case successes on service delivery systems and processes developed during
the years.

www.radioaustralia.net.au/news/stories/...17991.htm?tab=latest

Updated November 12, 2008 20:36:04

An official overseeing next month's by-election in the autonomous Papua New Guinea province of Bougainville says he's concerned there may be no police security during the poll.

Bougainville goes to the polls to vote for a new leader after the death of Joseph Kabui earlier this year.

Returning Officer for the by election, Reitama Taravaru has told Radio Australia's Pacific Beat program police have not received funding to provide security during the election.

He says this is causing concern for electoral authorities.

"Of course it will be a big concern for me and the administration and the autonomous Bougainville government if we go without security," he said.

But he says the people of Bougainville want to take responsibility for the election.

"The people of Bougainville have made a commitment to look after this election, as it is their election," he said.

For full interview see the Pacific Beat website at radioaustralia.net.au/pacbeat

www.postcourier.com.pg/20081113/thhome.htm

FIVE candidates have nominated for the presidential by-election in the Autonomous Region of Bou-gainville.
Two others have nominated for the Ramu (Bougainville) by-election.
Returning officer Reitama Taravaru said yesterday progress on the by-election had been “fantastic’’ since the writs were issued last Thursday.
The five presidential candidates are: Nick Peniai (independent and former Bougainville House of Representatives speaker), Edward Okuwau (independent), Gerard Sinato (Bougainville People’s Congress and former ABG Health Minister) Sam Kauona (independent) and Clarence Cozxiune (independent).
The two who nominated to contest the Ramu seat are John Taima Mauroko from Mokorino village (independent) and Joseph Obama Parum (independent).
Mr Taravaru said the number of eligible voters should be confirmed by the end of this week.
But he said there had been an increase from the previous elections because those in the Me’ekamui faction had set aside their differences and co-operated.
Mr Taravaru said: “There will be 157 polling teams deployed within the 33 constituencies. The teams will only walk and get to the areas by vehicles. There will be no helicopters used in this by-election.
“As for the atolls, a smaller boat will be chartered and not the Sankamap II because we do not want the polling teams to go with passengers as there might be a delay.”
Mr Taravaru said he was comfortable with the allocation of funds, adding the head office in Port Moresby had been responsible and tough measures had been put in place to control the funds.
The issue of security of the by-elections is also a concern as there are no funds for the police.
“If the by-elections will be carried out without the presence of the police then it will be history for Bougainville. Therefore I am calling on all Bougainvilleans in the region to be responsible,” he said.
Meanwhile, Mr Taravaru has assured the police they would be looking for funds in the next four weeks to help with the security. But he said if funds were not secured then it would be a police-free election.