06.03.2014
Source: Bougainville24
A look at a potential new Panguna mine
The possible size and shape of a re-opened Panguna mine have been outlined by Bougainville Copper Limited (BCL) in an Order of Magnitude Study (OMS).
The OMS shows a mine that, if given the go-ahead, could have a longer life than the previous Panguna operation, which operated from 1972 to 1989.
The base case, the minimum expectation for a BCL operation at Panguna, has a conventional truck and shovel open pit mine with an expected life of 24 years.
Copper-gold concentrate is expected to be produced from ore at a rate of 60 million tonnes per year.
A challenge for the project would be the expected capital cost of US$5.2 billion.
Included in this a cost allocation for general infrastructure that includes a mine training college, primary & secondary school facilities, hospital & medical centre upgrades, recreational facilities, commercial centre upgrade, policy, fire & emergency services, airport, port, waste management facilities.
Power generation would be achieved through coal or gas rather than heavy oil, with power also supplied to non-mine areas.
The OMS considers a number of on-land and deep sea tailings systems, the remains from the production of copper-gold concentrate.
Stakeholders in a new Panguna operation, including elected representatives of landowners in mine-affected areas and senior officers and advisors of the ABG, have been given updated briefings on BCL’s OMS.
- Forums
- ASX - By Stock
- a re-opened panguna mine
BOC
bougainville copper limited
Add to My Watchlist
1.61%
!
63.0¢

06.03.2014Source: Bougainville24A look at a potential new...
Featured News
Add to My Watchlist
What is My Watchlist?
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.
|
|||||
Last
63.0¢ |
Change
0.010(1.61%) |
Mkt cap ! $252.6M |
Open | High | Low | Value | Volume |
62.0¢ | 63.0¢ | 62.0¢ | $2.312K | 3.728K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7298 | 62.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
65.0¢ | 2594 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 7298 | 0.620 |
1 | 7500 | 0.605 |
2 | 38500 | 0.600 |
1 | 44981 | 0.580 |
2 | 18000 | 0.560 |
Price($) | Vol. | No. |
---|---|---|
0.650 | 2594 | 1 |
0.695 | 6000 | 1 |
0.745 | 2000 | 1 |
0.770 | 13106 | 3 |
0.780 | 2500 | 1 |
Last trade - 15.09pm 13/08/2025 (20 minute delay) ? |
Featured News
BOC (ASX) Chart |