More than 12,000 employees undertook its courses and many emerged as fully qualified tradesmen with skills that would serve them for life. Ben Bohane The civil war and prevailing safety concerns in the region mean Rio staff have not set foot on the mine since 1990. Bougainville Copper Ltd’s huge Panguna mine had opened in 1972 and was proving very profit­able. The mine at Panguna had been perhaps the most major sticking point between Bougainville and the mainland. The Panguna mine is a large copper mine located in the east of Papua New Guinea in the Autonomous Region of Bougainville.Panguna represents one of the largest copper reserves in Papua New Guinea and in the world having estimated reserves of 1 billion tonnes of ore grading 0.34% copper and 12 million oz of gold.. History. Even now, the divisions between the Autonomous Bougainville Government, the PNG government and various Australian investors hover with a certain menace. The Panguna mine was at the heart of the brutal civil war in the region that saw an estimated 20,000 people killed between 1988 and 1997. " PANGUNA and its landowners have had a mixture of these feelings and positions during the time of mining but have not felt much this way since the mine was forcibly shut down at the end of 1989. Authorities feared the reopening of Panguna, donated by Rio Tinto in 2016, could open old wounds. The Panguna Copper Mine: a 'resource curse' for the people of Bougainville? A nine-year secessionist revolt on the island of Bougainville claimed some 20,000 lives. Bougainville Island is the main island of the Autonomous Region of Bougainville. Billed as the world's 4th largest copper mine for 1985. British-Australian mining giant Rio Tinto was for 45 years the majority-owner of the Panguna copper mine in Bougainville, an autonomous region in Papua New … The Panguna copper mine is located in the Autonomous Region of Bougainville (AROB). The Panguna porphyry copper-gold deposit is located in the Crown Prince Range of central-south Bougainville Island in eastern Papua New Guinea, at an altitude of 500 to 1200 m (#Location: 6° 19' 0"S, 155° 29' 36"E). Separatists stand over the Panguna mine in 1994. Panguna Mine Remains Under the Ownership of Bougainville Copper Limited The Panguna mine is owned by Bougainville Copper Limited (BCL), which has Rio Tinto Limited as its majority shareholder with a 53.58 percent interest, the Papua New Guinea Government has a 19.06 percent interest with the general public holding the remaining 27.36 percent. As ever, the dark history of the Panguna mine will have to be revisited. Mining ended at Panguna 31 years ago, after disputes over the mine’s profits and its environmental damage led to a decade-long civil war in Bougainville that killed up to 20,000 people. BCL, a former Rio Tinto subsidiary and a publicly listed company on the Australian Securities Exchange, managed operations at the mine. The mine was the largest non-aid revenue stream of the Government of Papua New Guinea from the nation’s independence in 1975 to the mine’s closure. Bougainville Copper’s main objective is to work cooperatively towards realising the vision of resuming active exploration and sustainable copper, gold and silver mining at Panguna, in central Bougainville, after mining ceased in 1989. CRA Ltd is an Australian company which in turn was dominated by the British mining company Rio Tinto Zinc. A Brief History on Bougainville History. This led to a significant increase in applications for Exploration Licences. As ever, the dark history of the Panguna mine will have to be revisited. Panguna Mine. Couldn’t money be diverted from there to satisfy development demands on Bougainville? Panguna Mine (Bougainville Mine), Bougainville Island, Autonomous Region of Bougainville, Papua New Guinea : A porphyry gold-copper-silver deposit. Even now, the divisions between the Autonomous Bougainville Government, the PNG government and various Australian investors hover with a certain menace. That said, any independent Bougainville will need an … The company registered various traditional landowners of the Nasioi language group, but excluded women despite their position as traditional custodians of the land under the matrilineal system. And I cannot recall having seen such a … The Panguna mine is a large copper mine located in the east of Papua New Guinea in the Autonomous Region of Bougainville.Panguna represents one of the largest copper reserves in Papua New Guinea and in the world having estimated reserves of 1 billion tonnes of ore grading 0.34% copper and 12 million oz of gold. [1] [2] Contents. APPENDIX D - OUTLINE HISTORY OF THE BOUGAINVILLE CONFLICT 171 July - villagers around Panguna force suspension of drilling operations, but drilling later continues under police protection. The mine at Panguna was opened by CRA Ltd. under armed Australian police protection. But history can tell in advance There was gold and copper at Panguna Multiplied with millions of copper ore deposit All over the Emperor Ranges. A mine surveyor and active figure on the New Panguna Landowners Association, Ona had demanded compensation in the billions for the environmental damage caused by Bougainville Copper Ltd. The mine was the largest non-aid revenue stream of the Government of Papua New Guinea from the nation’s independence in 1975 to the mine’s closure. Panguna mine conflict. Operated by Bougainville Copper Limited (BCL, owned by Australian company Conzinc Rio Tinto), Panguna began in 1972 and was the world’s largest copper mine at the time (Agnew, 2018, p. 1). We slowly head down in the 4WD on the loose gravel track, passing half buried trucks on the way, people digging for gold and other minerals, and a number of small homes. Heading into Panguna pit. If they succeed in gaining their independence in or before 2020, he will play an instrumental part of the reopening of the mine. That said, any independent Bougainville will need an … The mine was vitally important to the economy of Papua New Guinea, but the people of Bougainville were seeing little benefit from it. Started 1972, abandoned … Copper copper and gold in every edge of rocks So precious and valuable you are Never say you are worthless For the entire world depend on you For their economy and development. 1967 June - Mining Agreement negotiated between CRA and Administration, including offer of 20% equity to PNG if project proceeds. The mine at Panguna had been perhaps the most major sticking point between Bougainville and the mainland. The Panguna copper mine in Bougainville, Papua New Guinea, was discovered in the 1960s by one of our founding companies, with first production commencing in 1972. This time on their own terms. Heavy trucks sit rusting on the edges of Panguna copper mine, closed in 1989 as a result of sabotage. the mine aside from the 5 per cent already payable to some of the Panguna mine lease landowners (Bedford and Mamak 1977). Many Bougainvilleans concluded that only intense confrontation with PNG brought results, and that the little understood process of secession (Ogan 1990: 36) and status Production began in 1972 under management of Bougainville Copper Limited with Rio Tinto and Papua New Guinea as major shareholders. When Papua New Guinea gained independence in 1975, Panguna was the only major mine operating. Active hostilities ended with a truce in October 1997 and a permanent ceasefire was signed in April 1998. That is 31 years ago now. Panguna Mine Conflict. 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