BOC bougainville copper limited

landowners keen to start mine talks

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    http://www.bougainville-copper.eu/newsroom-2011.html

    25.02.2011
    Source: Post-Courier


    Landowners keen to start mine talks
    By Fabian Gatana


    THE six Panguna mine lease area landowner associations will address outstanding grievances with the Autonomous Bougainville Government in preparation for the re-opening of the Panguna mine.
    An agreement is expected to be signed with the National Government before the end of November this year if outstanding issues such as compensation, the drawing down of mining powers to the ABG Government and the review of the Bougainville Copper Agreement are addressed by the National Government.
    These decisions were reached in a consultative meeting between the Panguna landowners association, ABG vice President Patrick Nasiria and Minister of Bougainville Affairs Fidelis Semoso on Tuesday this week.
    The meeting was held to seek ways to revive Bougainville?s economy, which has suffered immensely.
    While explaining the island?s weak economy, Mr Semoso told the meeting that the National Government, the ABG Government, the Council of Elders and the people of Bougainville were committed to move Bougainville forward and the re-opening of the Panguna mine was the most feasible way to revive the economy.



 
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