Rio Tinto

Panguna reopening not in the interest of the people

By Dansi Oerupeu

Contrary to authority’s claim of common support, the opposition against the Panguna Mine reopening is more apparent then ever. People in Panguna, especially the women folk, who have been subtly crying against the move, are now coming out strongly and using stringent measures to stop any attempt by ABG, PLA or BCL to reopen the mine.

Panguna mine, the epicenter of continual dispute. Picture by Dansi Oerupeu

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Rio Tinto Cuts Jobs in Australia

via Post Courier

GLOBAL mining giant Rio Tinto has started to cut staff numbers in its Australian operations, and intends closing its Sydney office as it battles falling commodity prices and threats to demand from Europe’s debt crisis.
Rio Tinto’s Australian manager David Peever told Reuters by telephone that around 30 support and services staff in Sydney and an undisclosed number of employees at the company’s much larger operation in Melbourne in would be cut.

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Educated Enough to See Through Your Eyes BUT...

Thursday. The second last day of the working week and the political situation in this awe inspiring nation of ours is ever turbulent, yes we are truly a vibrant democracy.

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The Greatest Threat to BCLs future is it's Hidden Past

By Dr. Kris Lasslett 

Last month the President of the European Shareholders of Bougainville Copper (ESBC) Axel Sturm publicly raised concerns over the volatility of BCL’s share prices. In an interview with PNG Industry News, he blamed political uncertainty in Papua New Guinea for BCL’s current woes.

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Remember giants fall easily in Papua New Guinea

By Dr Kristian Lasslett*

In Madang, a case which aims to stop mine tailings from being dumped into Astrolabe Bay stands on a precipitous peak. Three landowners have withdrawn from the trial, while another seeks to be joined. Punctuating this court room drama are threats and under the table deals, as the mine operator attempts to lambast its project through to production.

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