IDC indochine mining limited

re: Ann: Quarterly Activities Report, Appendi... tobyjackThat...

  1. 134 Posts.
    re: Ann: Quarterly Activities Report, Appendi... tobyjack

    That article you posted was from October last year, was in reference to people who have nothing to do with the Mount Kare landowners. The true landowners were in discussions with the company and LIS. Which was completed in January 2014.

    As you can see below from an article from 2 weeks ago. The Mount Kare Landowners are very keen to Mt Kare to begin mining.

    The Mount Kare landowners recently became shareholders in Indochine mining last month on the Port Moresby stock exchange.

    Page one, third item in Indochine ann in Bold below.

    http://www.pomsox.com.pg/dimages/company_pdfs/52_2219.pdf

    Exactly what Cornerstone Investors have been waiting for at Mt Kare for many years.

    kiwi

    -------------------------------------------
    May 3, 2014
    Mt Kare LOs pledge unity
    By MELISSA MARTIN

    The Hetapula Landowner Association of Mt Kare Resource area is intact and stands ready to work in partnership with the developers and the government to revive the project.

    The Association has given its full support to the developer Indochine and its subsidiaries in the development of Mt Kare’s Gold Project.

    The Association Chairman and Heli Chief Hondole Dagili stated this yesterday in a press conference in Port Moresby.

    The Hetepula Association is an umbrella association that was incorporated in 1988 to be the political mouth-piece of the Mt Kare landowners.

    “The Hetepula Association was and is still the Umbrella Association of the interested people of Tagali and Paiella Local Level Governments.

    “The name Hetapula stands for He = Heli tribe, Ta= Tawini tribe, Pu = Puyaro tribe and La = Landopa tribe in Paiella,” he stated.

    The vision of this association is to provide a strong leadership with respect, cooperation, unity and fairness to lead and guide our people to achieve the maximum benefits, in accordance with the existing and upcoming laws, policies, regulations, acts and agreements.

    Mr Dagili stated that the mission of this association is to work together strategically with government agencies and the developer, to help develop Mt Kare Gold Project effectively and efficiently to achieve the common objective of gold production.

    “This association appreciates the efforts and commitment shown by the Government through the Mineral Resources Authority (MRA) and the current Developer – Indochine Mining Ltd to do the Land Investigation Studies (LIS).

    “We would appreciate the publication of the LIS report on the media so that the public and the landowners will know from the start in which category primary, secondary or tertiary areas within Exploration License (EL) 1093 exists,” he added.

    The Chairman said the umbrella association is opposing any expression of interest to register any new associations with Investment Promotion Authority to represent the Mt Kare landowners.

    “This is our role as a stakeholder in the project to minimise and manage the landowner politics and to avoid erection of landowner tussles that we have seen experienced by other project area landowners in the petroleum industry.

    “This association will provide a strong leadership to minimise and reduce causes of unnecessary project delays and stoppages which incurs huge capital costs and delay project completion on time as per the schedule,” he said.

    Mr Dagili has appealed to those landowner leaders both from Tagali and Paiella to refrain from making many unfounded statements to promote themselves and their new associations by making media publicities.

    “Instead, I welcome you to represent your clan as a member on this established association and be part of it and make constructive contributions.

    “I welcome Indochine Mining Ltd as the Project Developer to Mt Kare and PNG to develop the Gold Project at Mt Kare,” he added.

    He has appealled to all stakeholders to work together peacefully to develop the Mt Kare Gold for the benefits all the stakeholders.

    Mr Dagili is the Paramount Chief of Heli Aka clan through natural inheritance rights of Area Two where the current Gold Development Project initiates.

    He has been in the forefront organising and leading the people of Hela and Paiella as chairman of Hetapula Association since 1988 and is happy with the progress.
 
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