250814LONG TERM BOUGAINVILLE MINING LAW PROGRESSES BY JENNIFER...

250814LONG TERM BOUGAINVILLE MINING LAW PROGRESSES
BY JENNIFER NKUI

A workshop was conducted in Buka last Friday to brief the ABG Cabinet and senior Bougainville public services officers on the draft Act of the Long Term Bougainville Mining Law.
The workshop was conducted by experts and the Bougainville team to seek the views of the ministers on the draft Act.
In a joint statement, deputy president Patrick Nsiria and minister for natural resources Michael Oni said the mining department has worked for seven years to develop a policy framework for a long term mining law which will meet Bougainville’s special needs.
They said the ABG’s aim was for a new law that truly meets our special needs and follows the world’s best practice or is even better than that.
They added that the cabinet members were satisfied that the long and detailed draft Act and regulations give effect to the ABG’s previous decisions on policy and give us a best practice law.
The deputy and his minister explained that the draft ‘Long Term’ Act builds on the foundation of the Bougainville Transitional mining Act.
They said it provides a framework making small scale mining by Bougainvilleans legal and maintains the abolition of the Bougainville Copper Agreement, the SML created by it and all exploration licenses held by BCL since the 1960’s.
They added that the ‘Long Term’ also deals with many things that are not covered by the Transitional Act explaining that these new things were not covered in the Transitional Act because it was a temporary act.

The two pointed out that the ABG moved quickly to develop an interim mining law because it was worried about back door deals being made by unscrupulous outsiders and it also faced possible action of the National Government taking majority ownership of BCL.
They stated that the ABG is now satisfied that we have achieved what we wanted with the transitional Act and they are now very pleased to be able to move on to work hard to have a much more detailed, comprehensive and best practice law that meets Bougainville’s needs.
The ABG aims to finalize and pass the new mining Act late this year or early next year after public awareness and consultations have been made about the draft ‘Long Term’ Act which the ABG is committed to doing.

Ends