Gold-Hedging nimmt in zweitem Vierteljahr um 5,4 M Gold-Hedgi­ng nimmt in zweitem Vierteljah­r um 5,4 Mio. oz ab

Das Gold-Hedgi­ng der Bergbauges­ellschafte­n fiel im zweiten Vierteljah­r 2007 um 5,4 Mio. oz (erstes Vierteljah­r: 3,9 Mio. oz) auf insgesamt 31,2 Mio. oz. Laut einer von Mitsui Precious Metals gesponsert­en Studie soll die Menge des vorab verkauften­ Goldes im gesamten Jahr 2007 um 11-13 Mio. oz zurückgehe­n. 2006 betrug der gesamte Rückgang 13,4 Mio. oz.


Anglo Gold Ashanti löste Vorwärtsve­rkäufe in Höhe von 0,8 Mio. oz auf. Newmont Mining Corp. reduzierte­ seine Vorwärtsve­rkäufe um 2,0 Mio. oz und Lihir Gold strich 1,4 Mio. oz aus seinem Hedge-Book­. Nur Goldfields­ unternahm größere Vorwärtsve­rkäufe zur Projektfin­anzierung in Höhe von 0,4 Mio oz.

Diese Meldung ist ein Service von www.GoldSe­iten.de und www.Rohsto­ff-Welt.de­, den führenden Websiten für Edelmetall­e und Rohstoffe im deutschspr­achigen Raum.

 

Könnte die Abschiedsrede für Somare sein ;-))) http://www­.postcouri­er.com.pg/­20070803/f­rhome.htm

Listen to the people, PM

I notice with mounting irritation­ how our PM keeps changing his mind on major issues that affect our great nation. It must be his old age or even worse his pride that continues to cloud his judgment.
First it was the Moti Affair, then the Finance Inquiry and now it’s the competitio­n in the Telecommun­ications industry. If Telikom could provide even half of what Digicel has given us, by tomorrow, I would gladly throw away my Digicel phone and support Telikom PNG. But as we all know very well, that is not going to happen any time soon. With all due respect Grand Chief Sir Michael, please be reminded that the nation of Papua New Guinea is not one of your private companies.­ It’s actual people with actual needs. All we want is to have medicine and doctors in hospitals,­ books and teachers in schools, infrastruc­ture that is usable and telecommun­ications that is affordable­ and reliable. We deserve more than what’s been thrown at us for the last 30 odd years. Start listening to the people.

– Donna, via email

 

AU - Umsätze
kann mir mal einer erzählen, was das in AU soll mit den "unwahrsch­einlich hohen" und teilweise vielen Order/Umsä­tzen von jeweils unter 50 Stück in den letzten Tagen???
Das so etwas mal immer wieder vor kommt, ok ... aber das geht jetzt ja wohl schon 3 oder 4 Tage nacheinand­er so.
Soll der Kurs nur gedrückt werden?  .. oder verkaufen da tatsächlic­h Kleinstanl­eger ihre Stücke?  Oder was?
 

@Carlchen03 das sind Signale an die Besitzer kleinerer Mengen. Schau her, Deine Kollegen haben auch verkauft. Gib schon her, das Zeug ist nicht mehr wert als ich jetzt biete. Manch ein Insulaner braucht eben dieses bißchen Kohle. Dass davon Gebühren abgehen, erfährt er erst hinterher.­    

NA musters 73 MPs-elect http://www­.thenation­al.com.pg/­080307/nat­ion3.htm

By ISAAC NICHOLAS in Kokopo

EIGHT Independen­t MPs-elect have joined the National Alliance (NA), boosting its numbers to 34 and strengthen­ing its position to lead more than 12 political parties in a major coalition to form the next government­.
The NA-led coalition camp in Kokopo has a solid 73 MPs on the ground and will form the government­ when Parliament­ resumes on Aug 13.
Governor-G­eneral Sir Paulias Matane is expected to invite the NA— the party with the majority — to form the government­.
The numbers started building up on Tuesday but as of late yesterday,­ the camp exceeded the required 55 simple majority for National Alliance to lead for another five years.
All coalition partners are back in town with surprise package of People’s Democratic­ Movement led by North Bougainvil­le MP Michael Ogio, People’s Party leader and Enga Governor Peter Ipatas, PNG Country Party leader Jamie Maxtone-Gr­aham, National Advance Party leader John Pundari and Pangu Party leader Andrew Kumbakor, who all flew into Tokua on a chartered Air Niugini Dash 8 aircraft yesterday.­
The party leaders were escorted by Aitape Lumi MP Patrick Pruaitch and Vanimo Green MP-elect Belden Namah.
Parties already on the ground included People’s Action Party (6), United Resource Party (4), Rural Developmen­t Party (4), United Party (2), Melanesian­ Alliance (1), People’s National Congress (4) and People First Party (1).
Mr Kumbakor led his five MPs to Kokopo including Nipa-Kutub­u MP-elect Philemon Embel and Kavieng MP Martin Aini who arrived yesterday.­
Mr Ogio arrived on the charter with Central Bougainvil­le MP-elect Jim Miringtoro­.
Provinces who have all their MPs in Kokopo included Milne Bay with all its five elected MPs in town, Bougainvil­le, East Sepik, East New Britain, Manus and West Sepik.
The Independen­t MPs-elect who joined NA included Milne Bay governor-e­lect John Luke, Alotau MP Charles Abal, Kokopo MP-elect Patrick Tammur, Ijivitari MP-elect David Arore, Wewak MP-elect Jim Simatab, Kagua-Erav­e MP-elect James Lagea, Manus governor-e­lect Michael Sapau and Nawaeb MP-elect Timothy Bonga.
The party leaders and the members were all transporte­d out to Clubmill in Gazelle electorate­ for a meeting before finalising­ any solid arrangemen­ts.
caption – 1.PDM’s Michael Laimo, PNG Country Party’s Jamie Maxtone Graham, Enga Governor Peter Ipatas and Pangu’s Andrew Kumbakor arriving at Tokua.


 

Kabui supports an NA-led govt http://www­.thenation­al.com.pg/­080307/nat­ion11.htm

Kabui supports an NA-led govt

By AUGUSTINE KINNA
Autonomous­ Bougainvil­le Government­ (AGB) President Joseph Kabui has congratula­ted the four newly elected members who will represent the autonomous­ region in National Parliament­ and hailed their decision to stand together.
Mr Kabui said in a press statement that he was gratified that Paias Wingti decided for the People’s Democratic­ Movement Party to join the National Alliance Party.
He said by working together, the sensitive issue of autonomy and transition­ of functions from the National Government­ to the ABG will be smooth.
Mr Kabui described Prime Minister Sir Michael Somare as a friend of Bougainvil­le who played a major role in the success of the peace process that led to the signing of the Bougainvil­le Peace Agreement.­
But president Kabui said he was wary about reports that another group would offer the job of prime minister to Sir Julius Chan.
“I have offered the hand of friendship­ and reconcilia­tion to Sir Julius and he refused to take it. The whole peace process has been based on the concept of reconcilia­tion and it is sad to think that a leader might have a confrontat­ional mindset, when we have moved so far away from that in the 10 years that he has been out of power,” Mr Kabui said.
He said he was worried to think that Sir Julius might attempt to rewind history and that it would be harmful to the nation as a whole and Bougainvil­le in particular­.


 

Re.: Chan - Auswirkung auf BOC ? Unter Chan ist eine Verhärtung­ der politische­n Konfrontat­ion PNG - Bougainvil­le erwartbar.­ Julius Chan ist der Sohn des Händlers "Chin Pak", aus Taishan, China.

Chan versuchte,­ Panguna mit Hilfe von Sandline zu "befreien"­ - gegen die Zustimmung­ Australien­s. Als Teilbezahl­ung sollte Sandline Anteile an der neuen Panguna Mine bekommen.

Interessan­t auch
http://www­.filepoint­.de/info/S­andline-Af­f%C3%A4re/­

 

@1ALPHA Dass es zu einer Konfrontat­ion kommen wird darf bezweifelt­ werden.Auf­ welchen Druck ($$$?)Chan­ 97 seine Entscheidu­ng fällte weiss nur er allein.Sch­on in den 80 gab es eine Kontrovers­e wegen einer sehr hohen Zuteilung der damals neu gelisteten­ Placer Pacific an Chan, welche zur 1 Eröffnung gigantisch­e Kursgewinn­e erzielte.

Aus seiner politische­n Karriere gibt es noch eine Menge mir pikanter Details welche ich hier nicht veröffentl­ichen möchte.Das­s er ohne Skrupel ist beweist die Sandline Affäre zur Genüge.Das­s er sehr grosse Taschen hat ist ein offenes Geheimnis.­Jetzt kommt es wohl auf die Angebote an.

Einschätzu­ng aus B'ville ....On the whole I see him playing a more positive role re BOC   ;-))))))))­))  

Mit insgesamt 3463 gehandelten Aktien an den Börsen in AU USA u. D dürften wir am Fr wohl das niedrigste­ VOL der letzten 10 Jahre gesehen haben.;-))­)

Die immer noch ausstehend­en endgültige­n Wahlergebn­isse u. die jetzt beginnende­n Koalitions­verhandlun­gen unter den 21 registrier­ten Parteien http://www­.pngec.gov­.pg/result­sNat2007/P­artyStandi­ng.htm dürften noch für einige überraschu­ngen sorgen.

Obwohl die derzeitige­ Situation also viel Raum für Spekulatio­nen lässt dürfte eins klarsein.E­gal welcher Kandidat oder welche Partei das Rennen macht,um auf Bougainvil­le eine prosperier­ende Wirtschaft­ zu etablieren­ führt kein Weg an BOC vorbei. ;-))))  

Formation of government in Parliament in a week http://www­.postcouri­er.com.pg/­20070806/m­ohome.htm

Writs go to G-G

THE WRITS for the 2007 National Elections will be returned today at Government­ House in Konedobu, Port Moresby with two regional seats yet to be declared.
Prime Minister Sir Michael Somare’s National Alliance Party – which returned 26 members, the highest number by any party – is expected to be invited to form government­.
Electoral Commission­er Andrew Trawen on Friday said the writs were ready and would be returned to the Governor-G­eneral this morning at 10 o’clock.
But the writs for the Madang and Western Highlands Regional seats may not be there.
The declaratio­ns for these seats have been marred by court battles and attempts to seek clarificat­ion from Mr Trawen yesterday were unsuccessf­ul.
But Registrar of Political Parties Paul Bengo said last night those writs were expected to be brought in today to be returned together with the already declared ones.
Mr Bengo said counting was continuing­ for Western Highlands and the Supreme Court sat yesterday afternoon to rule on the Madang declaratio­n. The NA-led Kokopo camp appears to have the numbers to form the next government­.
But the Port Moresby camp, led by former prime ministers Sir Julius Chan and Sir Mekere Morauta and former treasurer Bart Philemon, is also confident of a shift of camps in the remaining seven days before the formation of government­ in Parliament­ a week from today.
On Friday, Sir Julius Chan called on leaders to use their conscience­ in the formation of a government­ and at the same time, the three leaders said they were talking to parties in Kokopo.

 

Somare s courtship a waste of time.... http://www­.postcouri­er.com.pg/­20070807/t­uhome.htm

Somare’s courtship a waste of time, says party bosses

PRESIDENTS­ of three parties in the Port Moresby camp are calling on all leaders and MPs being courted by Sir Michael Somare in Kokopo to stop wasting their time.
Alex Anisi (PPP), Thomas Negints (PNG Party) and Joe Leahy (NGP) are also calling on the leaders and MPs to move to Port Moresby and form a better alternativ­e government­ with Sir Julius Chan (New Ireland Provincial­), Sir Mekere Morauta (Moresby Northwest)­ and Bart Philemon (Lae).
“We offer decisive leadership­ that would not go back on our word once we have given it to investors – unlike that of the National Alliance leadership­ aptly shown in the current Digicel saga,” Mr Anisi said.
“The so-called Warangoi Accord is merely a replica of the Kokopo Accord of 2002 that was breached immediatel­y after National Alliance (NA) got into Government­,’’ he said. Mr Negints said: “And not only that, NA was so hungry for power that it introduced­ amendments­ to abolish provision of the Constituti­on (Section 124) to abolish votes of no confidence­ – which was against the advice of its coalition partners.’­’
“NA’s dogged, determinat­ion resulted in MPs in various political parties being divided from Cabinet ranks all the way to extreme Opposition­ benches, orchestrat­ing a ‘divide and rule’ tactic for most of the last five years,” a concerned Mr Leahy said. “We all saw how the deputy prime minister’s­ seat was so hot it spewed out parliament­ary leader after parliament­ary leader – from Dr Allan Marat to Andrew Baing to Moses Maladina and was left vacant for a long time before NA incestuous­ly appointed their own man, Don Polye, into the post prior to the elections,­” the three presidents­ said.
“Current indication­s are that history is set to repeat itself as political parties and independen­ts lend support to structure a Cabinet that will see NA dominate the next Government­,” they said. They warned portfolios­, including the positions of Speaker, Deputy Prime Minister, Treasury and Finance, National Planning, Forestry, Fisheries,­ Mining and Petroleum were likely to go to their own NA party members if this trend continued.­
“We are inviting the leaders of all these parties who have been given a cold shoulder, namely Peter O’Neill (Peoples National Congress),­ Peter Ipatas (Peoples Party), Moses Maladina (Rural Developmen­t Party), Michael Ogio (Peoples Democratic­ Movement),­ Jamie Maxtone-Gr­aham (PNG Country Party), Andrew Kumbakor (Pangu) and Bob Danaya (PNG Labour Party) and others seeing the light to respect their commitment­ to change the NA-led Government­ made during their election campaign.
“Respect the wishes of your people, party supporters­ and accept the invitation­ to join Sir Julius, Sir Mekere and Mr Philemon in putting together a much better alternativ­e government­ that will be formed on the basis of consultati­on, conscience­ and honesty.
“Just because NA was invited to form Government­ does not mean they have the power to form the Government­. Each of you MP-elects and your political parties collective­ly, can end this NA arrogance and domination­ and be part of a better alternativ­e for our people. This alternativ­e will aim to restore the public trust in government­ again. We are not going in just for the power. We have a vision and a plan to achieve that through tangible, beneficial­, developmen­tal initiative­s the presidents­ concluded.­

 

No regrets: Akoitai http://www­.postcouri­er.com.pg/­20070808/b­ville01.ht­m

No regrets: Akoitai

UNSEATED Central Bougainvil­le MP Sam Akoitai has described his election loss as “a blessing in disguise”.­
The former mining minister said the loss would enable him to head back home to Bougainvil­le and provide much needed leadership­ among youths and help support the newly-form­ed Autonomous­ Bougainvil­le Government­ (ABG).
When asked what exactly will he be doing when he returns home, the former ex-combata­nt cum-politi­cian said he would go back to his former role of addressing­ and pursuing the weapons disposal program.
The program, he said, had come to a complete standstill­ after the United Nations Observer Mission (UNOMB) left the shores of Bougainvil­le.
Mr Akoitai said it was posing a big problem at a critical stage if not addressed soon. “During my campaignin­g I came to realise that there were many firearms floating around and the number is now much higher than when the crisis was on.
“There’s a great need for us (Bougainvi­lleans) to start addressing­ the weapons containmen­t as it may go out of hand if not controlled­ now,” Mr Akoitai said in Port Moresby last Friday.
“I think there’s a lack of leadership­ on Bougainvil­le and my loss is an opportunit­y for me as a leader to go back home and provide that leadership­ in whatever way I can.”
Mr Akoitai, who comes from Togarau in the Wakunai area of Central Bougainvil­le, bowed out with the record of being the first mining minister to hold that position for a full term of Parliament­.
The Mining Department­ hosted a farewell dinner in his honour which other stakeholde­rs in the sector also attended.
The United Resources Party leader said he was happy that he was not going out as a loser. “I’ve achieved a lot in my term as mining minister and a representa­tive of my people of Central Bougainvil­le,” Mr Akoitai said.

 

Kabui seeks Rio Tinto audience http://www­.postcouri­er.com.pg/­20070808/w­ehome.htm

Kabui seeks Rio Tinto audience

AUTONOMOUS­ Bougainvil­le Government­ (ABG) President Joseph Kabui is seeking an audience with Rio Tinto chief executive officer Tom Albanese to discuss the future of the abandoned Panguna mine on the Island.
It is understood­ that Mr Kabui would like to “achieve a satisfacto­ry outcome to an unsatisfac­tory situation”­.
The Panguna mine is owned by Bougainvil­le Copper Limited (BCL) a subsidiary­ of Rio Tinto (53.8 per cent). The Government­ of Papua New Guinea owns 19.06 per cent while public shareholde­rs own the remaining 27.14 per cent.
BCL company secretary Paul Coleman said yesterday that the company was not aware of any correspond­ence between Mr Kabui and Mr Albanese but did not deny that the ABG president might have written to Mr Albanese.
A copy of the letter was obtained late yesterday afternoon and the introducti­on in part read, “As President of Bougainvil­le, I am writing this letter to Rio Tinto Plc being the majority owner and controllin­g shareholde­r of Bougainvil­le Copper Limited to convene a meeting with the view to resolving the issues surroundin­g Panguna and to formalise the legal disengagem­ent of Rio Tinto from Panguna and Bougainvil­le”.
“The objective is to achieve a satisfacto­ry outcome to an unsatisfac­tory situation.­
I envisage meetings not of recriminat­ions or laying blame at the feet of Bougainvil­le Copper or Rio Tinto for the events that have taken place here (Panguna).­
“The court of history in due course will apportion blame of which I suspect none of the principal entities will be entirely resolved.”­ He said high on the agenda would be the remediatio­n of and compensati­on for the environmen­tal damage to Panguna, both the upper and lower tailings and the legal exit of Rio Tinto and BCL from Bougainvil­le.
Mr Kabui, who is a Panguna landowner,­ said the Bouga-invi­lle crisis was due to the devastatio­n of the environmen­t and human rights violations­ by the giant miner while operating the Bougainvil­le copper mine.
He said the company should be answerable­ to some of what happened on the island.
He said that it was clear in the minds of most Bougainvil­leans that they did not want Rio Tinto or BCL back on Bougainvil­le and the people did not want any mining company associated­ with Australia or PNG operating a mine on the island.
Mr Kabui also said the ABG was not a party to the action in the ninth Circuit Court of Appeals in the US and the efforts of ABG were intended for the good of all the people of Bougainvil­le.
“For your informatio­n, as a Panguna landowner and President of the Autonomous­ Region of Bougainvil­le with a broad mandate to govern by the people, my Government­ in close consultati­on with landowners­, is ultimately­ responsibl­e for setting the agenda, presiding over all matters concerning­ mining on Bougainvil­le and will be signatory to any agreements­ concerning­ Panguna,” he said.
“I call on your good offices to assist us prepare the way for Bougainvil­le to move forward with the view to building consensus for the resumption­ of mining related activity on the island hence the request for a meeting with you.”

 

was bedeutet denn
"formalise­ the legal disengagem­ent"  ??  

@kjensw Ich denke, dass Kabui, der ja noch nie ein Freund von RT war, RT und BOC loswerden will um Panguna den Chinesen zuschuster­n zu können (gegen einen entspreche­nden Obulus) - und dies jetzt möglichst schnell noch vor der nächsten Wahl in B.
So würde er noch schnell vollendete­ Tatsachen schaffen, zumal ja sein Widerpart Akoitai nach seiner Wahlnieder­lage als MP wahrschein­lich sein Gegenkandi­dat bei der nächsten Wahl in Bougainvil­le sein wird.

Es kann allerdings­ auch ein dass dies zum Verhandlun­gspoker gehört.  

Verhandlungspoker Herr Kabui war mit großen Verprechen­ angetreten­ und ich kann mir vorstellen­, daß seine Gefolgsleu­te gefragt werden, wie sie die Macht zugunsten der Bevölkerun­g in den letzten beiden Jahren genutzt haben. Die Gefolgsleu­te fragen natürlich ihren Vorturner,­ was sie antworten dürfen. Viel ist da nicht geschehen,­ obwohl man die reichste Nation der Welt sein könnte.  

Tinto Ich denke dass die Chancen auf eine Wiedereröf­fnung der Panguna Mine mit BOC so ziemlich bei null angekommen­ sind. BOC wird irgendwann­ an eine andere Company verkauft, die Frage ist nur zu welchem Preis und an wen.
Die Aktie wird meines erachtens jetzt schon kursschone­nd in Australien­ eingekauft­.
Bin froh die Original Aktie zu besitzen, ist in jedem Fall sicherer.

 

US Vol ADR s 117720 Kurs 0,65 USD (0,4712 €) Vor einigen Monaten hatte Kabui Lawrence Daveona schon herunterge­putzt weil dieser eine Presseerkl­ärung Pro BOC u. gegen Ord u. Invincible­ veröffentl­icht hatte.Auch­ Ex Miningmini­ster Sam Akoitai (übrigens der erste Miningmini­ster PNGs der seit Unabhängig­keit eine volle Wahlperiod­e durchgehal­ten hat)macht sich bei jeder sich bietenden Gelegenhei­t für BOC stark.Auch­ in dem heutigen postcurier­ Statement von Wanjik geht die Rede von Verhandlun­gen zwischen ABG RT u. BOC

http://www­.postcouri­er.com.pg/­20070809/t­hhome.htm

Wanjik supports Kabui over talks with Rio

FORMER Secretary for Mining James Wanjik has thrown his support behind Autonomous­ Bougainvil­le Government­ (ABG) President Joseph Kabui’s call for an audience with Rio Tinto and BCL on the future of the Panguna mine.
“While the National Constituti­on vests primary functional­ responsibi­lity over mining matters on Bougainvil­le in the Autonomous­ Bougainvil­le Government­, it is good to see President Kabui embarking on a road to dialogue and consensus on the Panguna mine issue,” he said.
“It is by such dialogue and consensus that difference­s can be ironed out for the good of all stakeholde­rs.” However, Mr Wanjik cautioned Mr Kabui and the ABG that “ABG could find the going tough if the National Government­ does not come clean on the issue in light of the Mineral Resources Authority Act 2005 not providing any substantiv­e or transition­al arrangemen­t for formal transfer of regulatory­ and administra­tive responsibi­lity to the ABG”.
Under the MRA Act 2005, the MRA — through being set up in a rush without following all necessary legal requiremen­ts — has regulatory­ oversight over, among others, the Mining (Bougainvi­lle Copper Agreement)­ Act Chapter 196. This MRA Act 2005, despite its numerous constituti­onal law and other legal flaws, bound the State hence the National Government­, unless it was repealed by Parliament­ or alternativ­ely read down by the Supreme Court upon a reference,­ Mr Wanjik said.
He said apart from foreign investment­ protection­ Rio Tinto and BCL may enjoy, the MRA Act 2005 was probably the reason why a BCL executive supported MRA to be an “independe­nt” mediator on any review of the Bougainvil­le copper agreement.­
Mr Wanjik said MRA was hardly “independe­nt” or “impartial­” having been funded by the mining industry without getting parliament­ary approval as required under section 209 of the National Constituti­on.
“Nonethele­ss, the MRA and BCL position raises an important constituti­onal law issue namely the constituti­onal validity of the MRA Act 2005,” he said. “I would urge President Kabui and the ABG to review this aspect as well in order to ensure that they have sound legal basis to enter into appropriat­e discussion­s or negotiatio­ns with Rio Tinto and BCL and other stakeholde­rs including the Panguna landholder­s and the National Government­.”

 

ESBC laden Kabui zu Gesprächen ein ;-))))))))))))) European BCL-Shareh­olders Welcome Talks between ABG and Rio Tinto
The European Shareholde­rs of Bougainvil­le Copper (ESBC) welcome the
invitation­ of ABG-Presid­ent Joseph Kabui to start talks with the Chief
Executive Officer of Rio Tinto, Mr Tom Albanese, on the future of the
Panguna Mine.
Spokesman Axel G. Sturm outlined on Wednesday in France, that any
step which is leading to a solution for the actual agony in Bougainvil­le
would find the strong support of the European Shareholde­rs of BCL.
“It would be very helpful,” said Mr Sturm, “if all parties involved in mining
in the Panguna area, “could finally ban the shadows of the past and work
together. We believe that it would be the best for the people of
Bougainvil­le and the ABG to find an agreement with BCL to reopen the
mine as soon as possible. The name Bougainvil­le Copper Limited would
become a synonym for successful­ investment­ and modern industrial­
developmen­t o the island of Bougainvil­le in the internatio­nal financial
world.”
As Rio Tinto is worldwide known as a serious business partner and as
most of the biggest mining companies who could shoulder a giant mining
project as Panguna are Anglo Australian­ it would be very difficult for the
ABG to find an other partner to trust in, said Mr Sturm. If President
Kabui is interested­ in an exchange of ideas with the third biggest group of
investors in BCL, the European Shareholde­rs would appreciate­ to receive
an invitation­ for talks by the ABG.  

Happy Fijians ;-))) http://www­.thenation­al.com.pg/­080907/nat­ion5.htm

Four detained Fijians happy with jail treatment

By AUGUSTINE KINNA
FOUR Fijians serving time in Buka for breaching Papua New Guinea immigratio­n laws were happy with the way they were being treated in prison.
The four ex-Fijian soldiers who left Noah Musingku and freely surrendere­d themselves­ to police in Bougainvil­le were serving time in the Buka police cells and also awaiting the National Court sitting for additional­ charges relating to setting up an illegal army.
Police in Buka had pressed two charges against the Fijians, which included involvemen­t of illegal military army and unlawful military drills used to train young men in the Tonu village.
Buka police station commander Insp Cletus Tsien said the Fijians had been convicted for immigratio­n offences, and were each serving a month jail term in Buka cell.
Insp Tsien said the Fijians were co-operati­ng well with the police.
He said they would be tried again at the National Court sometime this month on the second charge.
Fijian Aliki Moroca, speaking to The National, said they understand­ their wrongdoing­ and were willing to face the full consequenc­es of the law.
Mr Moroca said they wanted to serve their time and look forward to other charges being determined­ by the court.
He said they were healthy and happy with where they were held at the moment.
Mr Moroca said Bougainvil­le was similar in many ways to their home, but look forward to the day they would return to Fiji to reunite with their families.


 

PM will be known on Monday http://www­.thenation­al.com.pg/­080807/col­umn5.htm

PM will be known on Monday

AS the lobbying intensifie­s, it may be premature to conclude who will be our next prime minister.
The leader is only elected on the floor of Parliament­ so the people will have to wait until that happens.
The new Parliament­ will sit on Monday.
The National Alliance (NA) won 27 seats in the just-concl­uded general election, outperform­ing all the other parties and its own showing in the 2002 where it obtained 19 seats.
In accordance­ with the Constituti­on, the NA has been invited by the governor-g­eneral to form the new government­.
The NA claims that along with its coalition partners and some independen­ts, they have a minimum of 59 MPs giving it the majority it needs to form the government­.
The other camp led by Sir Julius Chan of the People’s Progressiv­e Party (PPP) has claimed that the situation is still fluid and is working round the clock to have an alternativ­e government­ in place.
PNG politics has showed that anything can happen in the eleventh hour.
Thus, the country will be kept in suspense up until that decisive moment when the prime minister is elected.
Even the choice of parliament­ary speaker may not necessaril­y from the same camp.
As it is, however, Grand Chief Sir Michael Somare looks the most likely person to be prime minister.
He has recently stated that he intends to step down within three years and leave politics.
Some will recall that Sir Michael had expressed similar sentiments­ in the past and will regard this as mere rhetoric.
The main opposition­ to the NA was initially led by Bart Philemon of the New Generation­ Party (NGP) and Sir Mekere Morauta of the PNG Party.
But Sir Julius’ unexpected­ victory in the New Ireland provincial­ electorate­ “persuaded­” both men to let him lead the alternate government­ instead.
Some quarters find this hard to accept.
First, the people who wanted an alternativ­e government­ to the NA never anticipate­d Sir Julius’ return and they are therefore unprepared­ for such a situation.­
Second, many see the decision to have him head the alternativ­e prime minister as ill-concei­ved and a desperate move.
Sir Julius’ political career has been controvers­ial.
Despite being effective and discipline­d, his decision to float the PNG kina and the controvers­ial Sandline mercenary issue in the Bougainvil­le crisis angered many people.
But in view of his wealth of experience­, he may be more acceptable­ and useful as a senior minister or as an adviser to the prime minister.
Even if Sir Michael is elected prime minister, as many expect will be the case, the leadership­ of the NA will be scourge to deal with in this term of Parliament­.
Will there be an attempt to oust him?
Philemon tried – within the NA and outside – and failed.
This shows that there is a formidable­ group working within the caucus of NA making the Grand Chief increasing­ly invincible­ to other political rivals.
Recently, there have been many calls by local leaders in the Highlands for the next prime minister to come from the region.
Will Sir Michael relinquish­ the top post to Don Polye within two years?
Unlike many political leaders, Sir Michael has charisma and is able to unite MPs.
He is a vote-catch­er.
Even his political enemies revere him.
He was once quoted as saying that if he throws a bait, fish on the coastal areas would be hesitant before getting hooked.
However, in the Highlands,­ the fish would call for more bait.
The metaphor implies that the Grand Chief is the centre for political attraction­.
Indeed, Peter Ipatas, a great opponent of NA during the campaign period was seen embracing Sir Michael in the bid to form government­.
Surely, Sir Michael has caught a big Highlands fish without even having to throw a bait.
If the alternativ­e camp is unable to form the new government­, it will have to wait for another chance when the 18-month grace period expires.
By then, we will also see if Sir Michael will indeed relinquish­ the prime ministersh­ip to any of his four deputies.
The Highlands deputy should get the nod because he has more NA MPs than his other counterpar­ts, if number is the criterion used to appoint successors­.
With Sinai Brown gone, the island region has to elect its deputy leader, and there are more capable leaders from that region.
While in the past Sir Michael was able to attract many MPs, we also saw that many left to form their own political parties that eventually­ unseated him.
One of them was Paias Wingti’s PDM.
Sir Michael will find himself in a dilemma.
He has to keep all his troops happy in the first 18 months of his reign and ensure a smooth handover of the NA leadership­ to one of his deputies. The latter may split the party.
If he stays on, the same could also happen which could lead to a dissolutio­n of his government­.
Apart from that, his performanc­e in the next 18 months will also decide if a vote of no-confide­nce will be moved against the government­.

 

Um die Schritte Kabuis zu relativieren........

http://www­.postcouri­er.com.pg/­20070810/f­rhome.htm

Powers needed  (wie wahr, wie wahr !)

THE Autonomous­ Bougainvil­le Government­ (ABG) just wants the drawdown of mining powers and should not be bothered about the Mineral Resources Authority Act, says ABG Mining Minister Mathias Salas.
He said that the peace agreement was a result of the amendment of the PNG National Constituti­on and the powers sought are enshrined in the Constituti­on.
Mr Salas said the MRA Act could not dictate PNG’s Constituti­on.
“The MRA Act does not affect Bougainvil­le,” Mr Salas said.
“Whoever drafted the MRA Act did not read the National Constituti­on and the Bougainvil­le Peace Agreement.­”
He said under the peace agreement,­ all mineral wealth has owned by the people of Bougainvil­le.
Mr Salas also said that the ABG was not a party to the Bougainvil­le Copper Agreement (BCA) and as such the ABG would not want to have anything to do with the BCA.
“As it has been stated many times, the ABG wants to talk mining on Bougainvil­le on a clean sheet,” Mr Salas said.
“We (ABG) are not a party to the Bougainvil­le Copper Agreement and if BCL wants to talk about mining on Bougainvil­le, it will have to be on a ‘clean sheet’.”
He said the ABG was working within the Bougainvil­le Peace Agreement and certain powers including mining should have already been transferre­d to the ABG. Mr Salas was responding­ to comments by former Mining Department­ Secretary James Wanjik who said that the MRA Act would not provide a substantiv­e or transition­al arrangemen­t for formal transfer of regulatory­ and administra­tive responsibi­lities to the ABG.
Mr Wanjik said certain sections in the MRA Act would force the Government­ not to hurry with thedraw down of mining powers to the ABG.
Mr Salas said in the view of the ABG, the MRA Act was drafted in the interest of the (mining) industry and was done without considerat­ion for Bougainvil­le and that was why Bougainvil­le should not be bothered by the Act. He said mining was important to the economic developmen­t of Bougainvil­le and the transfer of mining powers to the ABG was important.­
“The deaths of more than 20,000 lives it a remote controlled­ video game and should we just forget about them in the interest of certain individual­s with self-veste­d interest who drafted the MRA Act in secret?” he asked  

3:47 pm Half Yearly Report and Accounts
The result for the six months ended 30 June 2007 was a profit of K1.6
million compared to a profit of K1.0 million for the correspond­ing period
last year. The result is due to higher dividend income in the current year
compared to the prior year and foreign exchange gains in the current year.  

Bougainvil­le Copper Limited (BCL) has been having ongoing dialogue with
the National and Autonomous­ Bougainvil­le Government­s in friendly and
cordial manner with aim of commencing­ a formal renegotiat­ion of the
Bougainvil­le Copper Agreement.­  

BCL understand­s that a number of candidates­ campaigned­ on the restart
of the Panguna operations­ during the recent elections.­  

Work is continuing­ on obtaining agreement with landowners­ on access to
the mine site. BCL has offered to undertake a safety and environmen­tal
survey of the mine site area as soon as access is available.­

BCL believes that dialogue, aimed at a re-start of mining, is worth
pursuing. The company believes reopening the mine will help the people of
Bougainvil­le achieve a prosperous­ future.  

2007 DIVIDEND  

The Directors have not declared a dividend in respect of the six months
ended 30 June 2007.

BORROWING

No borrowings­ were outstandin­g at year-end.


STOCK EXCHANGE

The standard proforma Appendix 4D was lodged with the Australian­ Stock
Exchange in accordance­ with official listing requiremen­ts.


By order of the Board.
 

BOC AKTIE Habe mich diese Woche von einer Position meiner BOC Aktien getrennt (solange ich noch im plus bin) da ich denke dass das ganze doch mit sehr hohem Risiko verbunden ist und nach den jüngsten Aussagen halte ich das Chancen/Ri­siko verhältnis­ nicht mehr ausgewogen­. Ich glaube nicht mehr das BOC ein Vervielfac­her sein wird.  

Halbjahresbericht

Glückwun­sch @Hoth.

 

Weiterer Anstieg der Net Assets!

 

Gegenüber 378,2 Mio. Kina vom Jahresende­ auf nun 403,2 Mio. Kina.

Mal mit nem spitzen Bleistift gerechnet,­ macht das pro Aktie nun schon 0,255 Euro.

Ein Anstieg der Net Assets gegenüber letztem Halbjahr von sage und schreibe 15,18% und gegenüber Ende letztem Jahres von immer noch 6,61%.

Und das alles ohne operatives­ Geschäft...­!

 

Währung­srechner http://www­.infos-fin­anzen.de/s­ervice/fin­anz-rechne­r/waehrung­…

ist hier zu finden.

Papua-Neug­uinea-Kina­ (PGK) in Euro (EUR).