THE European Shareholders of Bougainville Copper (ESBC)group has welcomed the establishment of talks between the Autonomous Bougainville Government and the Bougainville Revolutionary Army. President Axel G. Sturm said from France in a statement, “we are very surprised about the positive news from Bougainville and we appreciate very much that now the time has come to start serious discussions on future mining in the Panguna area. “We are also glad that President Joseph Kabui wants to meet Mr Albanese from Rio Tinto. Congratulations to him too that he visited the No-Go-Zone. We hope that Panguna now will become a ‘welcome zone’ and that our experts can visit the mine in the near future.” Mr Sturm represents the third biggest group of investors in BCL in Europe. The ESBC claim for fairness between all parties involved in the Panguna copper project and fights for mining that has only minimal environmental impact. “Since the Panguna mine was closed, mining technology has made a giant step forward,” Mr Sturm said.
BOC Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
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