BOC bougainville copper limited

Mining Bill, page-2

  1. 614 Posts.
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    I see in yesterday's Post Courier that, in supporting the proposed mining act amendment, ABG Minister Raymond Masono claims that "..Bougainvillean mining company will be owned 60 per cent by the people of Bougainville and ABG". As opposed to the 73% of BCL that is owned by the National government and the ABG with the Government promising to give their half of this to the landowners; net result the ABG and Landowners would own 73% of BCL. All they then have to do, of course, is give their own company (BCL) the mining licence. This sounds better than 60% and giving 40% to Caballus.
 
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