Home > Boards > Other Markets > Foreign Stock Markets > Bougainville Copper Ltd. (ASX:BOC)

Two parts to Bougainville Copper Agreement review

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
mastaflash Member Profile
 
Followed By 162
Posts 33,437
Boards Moderated 1
Alias Born 01/26/05
160x600 placeholder
mastaflash   Monday, 12/03/12 12:11:40 PM
Re: None
Post # of 40 
Two parts to Bougainville Copper Agreement review

The Bougainville Copper Agreement (BCA) review process will take on two phases as explained by the legal brains behind the planning.

Autonomous Bougainville Government legal chief executive officer and Tony Reagan, the Australian legal adviser in a recent meeting on the review of the BCA, explained that phase 1 would include preparation now until 2013 and this would involve the following:

¦ Incorporation of individual Lease area associations and the umbrella landowner association;
¦ Conflict resolution work in central and south Bougainville;
¦ Conduct of baseline studies on Environmental, social, health and other baseline studies in the Mine Lease areas;
¦ Public Awareness throughout the region and development of appropriate capacity and negotiation position by each party including a joint position by the ABG and Panguna Landowners Association and;
¦* Reaching an agreed process for conduct off negotiations and conclusion of agreement.

Phase two (2) will include Conduct of Review and negotiations which will also include:

¦ Each party to be represented by a negotiating team, led by an appropriately authorized lead negotiator;
¦ ABG/PLA joint negotiating team;
¦ Each team to be supported by appropriate technical advice;
¦ Separate negotiation tables to deal with environment, social, and the financial aspects of negotiations.


...for goodness sake lets have some fun watching these people squirm. - CH
Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences