20 April 2010 Mine must be re-opened say Panguna landowners BY ALOYSIUS LAUKAI
The Chairman of the Panguna Landowners Association, Chris Damana, has accepted a presentation from the member for Kokoda in Central Bougainville who wants to fast-track the re-opening of the Panguna copper mine.
Mr Osioco presented two kina note to Mr Damana as a token of appreciation for his drive to open the copper mine quickly to support the ABG in its effort to raise enough revenue to run its affairs.
He said that the money symbolises that the two kina collected by mothers at the Arawa market could be raised to 200 kina if the mine is opened.
The presentation followed comments by Mr Damana supporting the re-opening of the mine. He said landowners had already decided to open the mine after negotiations with BCL and the national government is completed.
He said, without Panguna, Bougainville will struggle to raise enough funds to run the ABG.
He was speaking at the campaign rally organized by the New Bougainville Party in Arawa last Friday.
BOC Price at posting:
56.0¢ Sentiment: ST Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)