BOC 2.54% 60.5¢ bougainville copper limited

special mining lease osikaiyang landowners association inc (5-4382)

  1. 246 Posts.
    lightbulb Created with Sketch. 39
    SPECIAL MINING LEASE OSIKAIYANG LANDOWNERS ASSOCIATION INC (5-4832)
    PRESS RELEASE
    4 JUNE 2018


    HOW CAN BOUGAINVILLE COPPER LIMITED BELIEVE WE AND OUR AUTONOMOUS BOUGAINVILLE GOVERNMENT (“ABG”) WILL FALL FOR MORE OF THEIR FALSE CLAIMS OF RESPECT FOR BOUGAINVILLE AND ITS PEOPLE?
    Bougainville Copper Limited (“BCL”) continues to insult and disrespect Bougainville: the Panguna Customary Landowners by the recent statements made by BCL’s Chairman, Mr Mel Togolo and the ABG by their treatment at their Annual General Meeting blocking their vote.

    Why did BCL not work with the ABG in advance to ensure they could have their say at the meeting if they are genuinely trying to mend fences with Bougainville and lose their mantle of being a PNG controlled company?” asked Mr Philip Miriori, the Chairman of the Special Mining Lease Osikaiyang Landowners Association (“SMLOLA”).

    Mr Miriori said “we know the new BCL Chairman has his trainer wheels on, but this is unbelievable! How many world class mines has he developed? Wasn’t he the guy who sat on the Rio controlled BCL Board in the bad old days – for 6 or 7 years? Isn’t he the PNG country manager for the environmentally controversial deep sea mining start up, Nautilus Minerals? Why would we want any of that?”

    Then there is the false attempt to blame third parties for the opposition by the Panguna Customary Landowners: this reflects the continuing failure on the part of BCL to even acknowledge the historic environmental havoc wreaked on the Panguna Land by BCL and the role of BCL in the devastating conflict in Bougainville. “Do they think we have forgotten or forgiven – no never” says Mr Miriori.

    Mr Miriori, says “The failure of BCL’s Chairman, Mr Togolo, to acknowledge the historic wrongs committed against the people of Bougainville is totally unacceptable. The wilful blindness of BCL, its failure to admit its role in causing the environmental devastation to our land and its failure to rehabilitate or provide compensation for the damage, condemns BCL from ever obtaining SMLOLA’s approval or support. Trying to blame third parties for this is both naïve and arrogant – it is a flimsy and dishonest attempt to divert attention from their failure to win any aspect of social licence to return to Bougainville. That is and will always be the problem.”

    Mr Miriori said “it is simple, BCL has one of the worst environmental and social impact records in the world and has not been welcome to return to Panguna in 30 years – yet they claim strong Landowner support. Just more lies!”

    Prominent SMLOLA member Mr Lawrence Daveona supported Mr Miriori’s comments saying “BCL’s operations at the Panguna Mine were the cause of the devastating conflict on Bougainville. That is why they have been unwelcome in Bougainville for the last 30 years. It was the height of arrogance to think they could win community support without any reconciliation. They have ignored us and tried to go around “the impediments” – the owners of the minerals and have tried to simply pull political strings. The recent BCL attempt to curry favour and scramble to regain tenure to their old mine has been a disaster, just like their treatment of our lands and people - after 30 years of neglect and arrogance, how surprising!”

    Mr Daveona said “our President Momis summed it up perfectly when he said BCL did not deserve the renewal because their attitudes to Landowners had not changed from the past.”

    Mr Miriori spelt out what he said “were obvious facts:

    • BCL has achieved no reconciliation with the Customary Landowners for 30 years;
    • BCL has not attempted discussions with the current Court sanctioned SMLOLA Chairman and Executive even once;
    • BCL has failed to acknowledge its role in Bougainville’s tragic history;
    • BCL has offered no compensation for the environmental and social impact of BCL’s massive profit taking operations at the Panguna Mine;
    • BCL has offered no assistance to rebuild Bougainville post resolution of the conflict;
    BCL has undertaken no remedial action to address the massive environmental damage from its past operations; and
    BCL has made no attempt to identify the needs of the Customary Landowners and engage with the community.;

    Mr Miriori said “it was outrageous that BCL untruthfully claimed it held unanimous Landowner consent when there was an existing petition with more than 2,000 SMLOLA
    members rejecting BCL’s return to Panguna. BCL has insulted the Customary Landowners by referring to them as ‘impediments to be removed’ and more recently, ‘disruptive influences’. This shows a contempt for the rights of Customary Landowners and the people.

    Mr Miriori said “how could they have been surprised – they have never had majority Landowner support. Have they forgotten their 30 year history of devastation they never seem to mention now?”

    Mr Daveona supported the ABG’s decision saying “BCL had an EL for two years from 2014 to 2016 and even had a further 15 months after the expiry of EL 1 and still they could not win Landowner support. The refusal of that application has been very positive for the Landowners and allowed us to bring an end to the social disharmony their false claims caused and to build an even stronger opposition to their return. The Landowners are now fully united against BCL. BCL should leave and respect the wishes of Landowners.”

    President Dr John Momis of the ABG stated on 8 January 2018, in a public interview with the Australian Broadcasting Corporation, that the BCL Application had been denied by the ABG because of the Panguna legacy Issues and consequently the inability of BCL to gain a social licence. He observed BCL’s attitude towards Customary Landowners had not changed and therefore that BCL did not deserve an extension. It was noted that at the Warden’s Hearing in December 2017 almost all those who spoke referred to these significant and continuing legacy issues and the need for BCL to pay compensation.

    President Momis was entirely correct in his observation and the recent statements by BCL’s Chairman show a contempt not only for the Customary Landowners but also for the ABG itself.

    Mr Miriori agreed saying “BCL was the tenement holder during the time which systemic damage to the environment and river systems occurred. The Panguna mine was at the centre of the conflict.” It is reported 20,000 Bougainvillean people died in this conflict. This is the incontrovertible factual truth of BCL’s legacy.

    These events are of global significance and to this day are fundamental to the vast majority of the Panguna Customary Landowners and Bougainvilleans opposing BCL’s return.

    BCL made a formal decision to not acknowledge responsibility, to not say ‘sorry’ and to not pay any fair compensation for these events and the massive damage. These deliberate commercial decisions (to save BCL money and to not acknowledge its past wrongdoings) are fatal to BCL’s attempt to return to Panguna.”

    As the highly respected community leader, Mr Sam Kauona said at the Warden’s Hearing, BCL can never be allowed to return to Panguna. The petition opposing BCL’s return has more than 2,000 supporters. The majority of those attending and speaking at the independent Warden’s Hearing in December 2017 opposed BCL’s return.

    The continued failure to have regard to the opinion of the Customary Landowners, Mr Miriori says, “shows an arrogance and on-going disrespect.” He powerfully criticises BCL’s attempt to divert the blame from its own conduct “This arrogance and ongoing disrespect of the Landowners’ clear wishes perpetuates the tragic legacy of BCL/Rio, and with every day that passes, further compounds and entrenches the opposition of the overwhelming majority of Panguna Landowners to BCL. Let us now look forward not backward to a new deal for Bougainville. BCL is finished. Its attempt to cause even further delays to the successful redevelopment and reopening of the mine blocks and delays employment opportunities, the funding of critically needed community programs and obtaining of financial benefits for all Bougainvilleans.”




    Philip Miriori
    Chairman of SMLOLA


    Lawrence Daveona
    Ex Chairman of SMLOLA
 
watchlist Created with Sketch. Add BOC (ASX) to my watchlist
(20min delay)
Last
60.5¢
Change
0.015(2.54%)
Mkt cap ! $242.6M
Open High Low Value Volume
59.0¢ 60.5¢ 56.0¢ $26.43K 45.48K

Buyers (Bids)

No. Vol. Price($)
1 5000 60.0¢
 

Sellers (Offers)

Price($) Vol. No.
64.5¢ 2868 1
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
59.5¢
  Change
0.015 ( 0.83 %)
Open High Low Volume
57.0¢ 59.5¢ 57.0¢ 8183
Last updated 15.21pm 29/03/2024 ?
BOC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.