BCL Chips in for Bougainville Youth Foundation

Bougainville Copper Limited (BCL) has made a K1,000 donation to the Bougainville Youth Foundation (BYF) to assist with its annual awareness campaign. BYF is an organisation of Madang-based Bougainvillean students, who seek to utilise their own education for the betterment of the autonomous region. Each year the BYF members conduct

ABG Sees Panguna Re-opening as Priority

The Autonomous Bougainville Government sees the Panguna reopening process and negotiations as its highest priority. It also foreshadowed “emphatic” action against non compliant would–be miners. Speaking at Kokopo on Wednesday this week during the Joint Supervisory Body meeting between the ABG and the National Government, ABG President John Momis said

K15M Goes to Autonomous Region

The PNG National Government has allocated K15 million (US$6 million) to the Autonomous Bougainville Government to honour a commitment towards the peace and restoration program. The funding is a development grant to ABG which was part of the peace agreement. Treasury and Finance Minister Don Polye, in his supplementary budget

Long Term Investors Respected PM

Papua New Guinea’s incoming Prime Minister Peter O’Neill has assured foreign investors, especially in the mining and petroleum sector, that the government would ensure that investors who were already operating in PNG would have their positions respected. “My government respects the commitment of foreign investment companies that have been loyal

Mine Re-opening a Step Closer

Moves to re-open the Rio Tinto-owned Panguna copper mine in Bougainville are a step closer after a rebel leader said he was willing to negotiate with the Australian government and Rio Tinto on it.Original Mekamui leader Chris Uma said he was willing to talk to the Australian government and Rio

Append 4E & Press Release

The directors of Bougainville Copper Limited announce the following audited results of the company for the year ended 31 December 2012 together with comparable results for twelve months to 31 December 2011. Results For the year ended December 31 2012, a loss of K5.4 million has been recorded, compared to