http://abc.net.au/ra/news/stories/s1475437.htm
In Papua New Guinea, the autonomous government of Bougainville province has made the first tentative steps towards reopening the Panguna copper mine.
The government has voted 38-2 in favour of re-opening the copper mine, which was closed down in 1989 when an uprising developed into a decade-long secessionist war.
A committee has been set up to seek the views of local landowners, work with the national government, and negotiate with the owner of the mine, Bougainville Copper Limited.
Our correspondent in PNG, Steve Marshall, say Bougainville is still a no-go zone for international mining firms.
However, Australian and Canadian mining company executives are reported to have made recent visits to the island.
Government speaker, Nick Peniai, says the people of Bougainville support the move to reopen the mine.
" People are now talking in the streets and in the villages as to what will happen next in terms of mining on Bougainville because it's perceived that it could bring in more revenue into the region," he said.
The government says reopening the mine could take years.
- Forums
- ASX - By Stock
- BOC
- abg to reopen the mine... :-)
abg to reopen the mine... :-)
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BOC (ASX) to my watchlist
|
|||||
Last
45.5¢ |
Change
0.005(1.11%) |
Mkt cap ! $182.4M |
Open | High | Low | Value | Volume |
45.5¢ | 45.5¢ | 45.5¢ | $7 | 16 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 111 | 45.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
46.0¢ | 2 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 111 | 0.455 |
1 | 4460 | 0.445 |
2 | 29959 | 0.440 |
1 | 3626 | 0.430 |
2 | 7165 | 0.420 |
Price($) | Vol. | No. |
---|---|---|
0.465 | 28923 | 2 |
0.470 | 8473 | 1 |
0.475 | 10000 | 1 |
0.500 | 782 | 1 |
0.505 | 1042 | 1 |
Last trade - 10.00am 30/08/2024 (20 minute delay) ? |
Featured News
BOC (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online