ABG claims of financial independence if mine reopens ridiculed

Nasioi Writer responds to Member for Kokoda, Rodney Osioco’s claims the Bougainville government will be financially self reliant if BCL is allowed to reopen the Panguna mine.

Mr. Osioco I can probably forgive you for being so naive and sentimental. Where and when is this extractive industry madness going to end. Your little baby government cannot even account for funding it gets from National Government which ends up in your private accounts as we are being told. Is this how you are going to manage the millions you get from mining and pay tit bits to the landowners who to this day have never been compensated adequately for loss of everything from environment, rivers, and land which is the source of their livelihood?

We are fed up with ABG preaching that agriculture, tourism is not enough to run the economy of Bougainville. Coming from a government that is wasteful with buying fleets and of cars and staying at expensive hotels, I find this hard to believe.

I wonder how much these politicians carrying out awareness are being paid? Isn’t this work suppose to be given to others to do? Maski giaman nabaut kisim allowance na mekim awareness.

The introduction of mining into our midst is causing so much confusion and division among the people who should be united to vote in the forth coming referendum. ABG’s push for mining with BCL at it’s helm is now being challenged by another player RTG which supposedly has the cash and elaborate plans to deal with issues ahead. I don’t support mining in any form or shape because already these companies are sprinkling cash this way and that. This is where corruption takes root if is not already eating away at ABG.

Opposition to Mining is mounting and I think it is time Hon. Osioco and his colleagues started to look at alternatives otherwise we are going to face another catastrophe at the hands of mining companies.

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4 Comments

Filed under Corruption, Financial returns, Papua New Guinea

4 responses to “ABG claims of financial independence if mine reopens ridiculed

  1. Terry Quinlan

    need some help,when i try to make comment on your articles, the bottom box ask for a website. i do not have a website, any way around this  to send a comment, thanks terry.

  2. Rodney Kameata

    Totally false and misleading statements by Osioko, there are a number of legacy issues that both ABG and BCL should deal with. The lack of capacity by ABG let alone the governance structures at the district and community level are appalling. Regards Rodney Kameata 

  3. Postcourier, 9th October 2017
    Landowners, the ABG, the PNG Government, investors and financiers must be transparent on their negotiations to reopen the Panguna Mine, and not rush it.
    William Kareoton, of the lower tailings, said the ABG must let the landowner associations and people of Bougainville decided on who should operate the mine.
    He said the tussle between the Portland House Group, RTG and BCL, must be clear as the Portland House Group is already paying wages (AU$608) to some ABG members and landowners.
    “Any developers, investors, financiers who are interested in reopening the mine must be willing to meet and compensate the legacy issues, and meet the K10 billion demand by the late Francis Ona, as proper consultation for Bougainville is vital and not only for the landowner associations and the ABG,” he said.
    According to Bougainville News website, October 6, there is a struggle over who will run the mine between BCL, the previous operator now backed by the ABG, and PNG Government, and a consortium of Australian investors supported by the heads of landowners who own the mineral rights,” Mr Kareoton said.
    “PNG has told airlines that Sydney businessman Ian de Renzie Duncan, who set up the consortium, is banned from entering the country until 2024, according to a Papua New Guinea government document reviewed by Reuter.
    “The request for the ban was made by the Bougainville Government, three sources with knowledge of the document said.
    “The consortium has also acknowledged for the first time that it is paying some landowners a monthly stipend, and has pulled in some big backers that have not previously been disclosed.
    “They include Richard Hains, part of a billionaire Australian race-horse owning family which runs hedge fund Portland House Group.” Duncan, a former barrister with a background in mining law, heads an entity called Central Exploration that has a half share of the consortium.
    “Duncan’s consortium has been paying money, described as a stipend, to some of the landowners, but denies this amount to bribery.
    “We are really talking about people receiving a couple of thousand kina ($608) a month,” said Duncan, who added that the money helps the landowners to travel and find accommodation in towns where Panguna negotiations take place. “It’s not bribery, its business,” he said.
    http://postcourier.com.pg/call-transparency-among-landowners-abg-png-financiers-panguna-bid/

    Also see Sydney Morning Herald article on 8th October 2017
    Payouts to landowners

    Duncan, a former barrister with a background in mining law, heads an entity called Central Exploration that has a half share of the consortium.

    Duncan’s consortium has been paying money, described as a stipend, to some of the landowners, but denies this amounts to bribery.

    “We are really talking about people receiving a couple of thousand kina ($608) a month,” said Duncan, who added that the money helps the landowners to travel and find accommodation in towns where Panguna negotiations take place. “It’s not bribery, it’s business,” he said.

    BCL claims to have the support of eight other landowner groups in Bougainville with an interest in the project. They have land rights covering access roads and the port site, among other areas, though crucially not the mine site itself. BCL chairman Robert Burns, who formerly worked for Rio Tinto, said Bougainvilleans were the ones being impacted by Duncan’s attempt to gain control of the mine.

    “Everyone is being frustrated and impeded by this issue,” Burns told Reuters in a phone interview from the PNG capital, Port Moresby.

    http://www.smh.com.au/business/world-business/plans-to-restart-giant-bougainville-mine-stall-as-operating-rights-battle-rages-20171008-gywg2y.html

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