BOC 2.54% 60.5¢ bougainville copper limited

http://postcourier.com.pg/momis-receives-petition-los/

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    http://postcourier.com.pg/momis-receives-petition-los/
    May 1, 2017
    BY SEBASTIAN HAKALITS
    THE Special Mining Lease Osikaiang Landowner Association in Panguna has presented a petition to Bougainville president John Momis to reject Bougainville Copper Limited’s application for an extension of the current two-year exploration licence, which expired on September 7, last year.
    Their petition was presented by their chairman, Philip Miriori, last Friday, which among other things calls on the Bougainville mining minister to refuse to extend the exploration licence.
    It is also a direct response to plans by President Momis to support the BCL application because he understood an extension was supported by local landholders.
    Mr Miriori and a number of SMLOLA representatives met with President Momis in late March to inform him that he had been misinformed. “Unfortunately, there appeared to have been continued support for BCL, and the landowners felt it important to demonstrate the overwhelming and heartfelt view of the owners of the minerals that BCL will never be accepted on their lands,” he added.
    He said the landowners have an alternate proposal that will get the mine up and running professionally, which represents real benefits for Bougainville and its independent future economic prosperity.
    The petition presented last Friday contained more than 500 signatures.
    “President Momis should do what he said he would do and listen to and respect the views of local people, the people the new law has now given ownership of the minerals to,” he said.
    “He should be looking at the alternative we have developed, instead of listening to more empty promises from BCL, which cannot be fulfilled.”
 
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