BOC bougainville copper limited

panuna mine on the jsb agenda

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    http://www.postcourier.com.pg/20111128/mohome.htm

    ABG told to spend K100m

    THE National Government has directed that the Bougainville Government to spend K100 million of the K500 million allocated for impact projects in the region on a major infrastructure development program.
    Bougainville leaders spent last week in Port Moresby in followup meetings with Waigani bureaucrats to discuss and come up with plans and recommendations for the National Government on how they will use the first K100 million.
    The major issue at hand is the road infrastructure program. The allocation was going to come out of the National Government’s 2012 Budget that was supposed to be handed down tomorrow (Tuesday). Last Friday, Parliament was adjourned to December 6, now posing a question of whether this money is going to be appropriated this year.
    ABG and National Government leaders also met to discuss further the agenda for the Joint Supervisory Body meeting that is going to be held in Buka on December 5.
    Prime Minister Peter O’Neill is expected to lead the National Government team while ABG President John Momis will lead his ABG team and wait in Buka for the the talks.
    This is the most powerful body that makes decisions and recommendations on the way forward for Bougainville taking into account the Bougainville Peace Agreement and its Constitution.
    Issues at hand to discuss on JSB would be the referendum, the drawdown of powers, weapons disposal, Panguna Mine and other matters of concern by both Governments.
 
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