Papua New Guinea is a Target for Resource-Hungry Corporations (2008)

Bougainville: Killer Deal (2008): After Bougainville s President died suddenly in June, the future of the island s huge mineral reserves is in doubt. A secret deal gives an Australian business a 70% share of the resources but does the deal still stand?
For similar stories, see:
The Resource Crisis Fuelling Conflict in Papua New Guinea
• The Resource Crisis Fu...
The Aftermath Of War In Bougainville (2011)
• The Aftermath Of War I...
Is Bougainville On The Brink Of War Again? (2014)
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The deal between Joseph Kabui and Lindsay Semple 's company, Invincible Resources, is causing confusion over the rights to un-mined copper and gold. Meanwhile, Bougainvilleans are outraged over the pact and are becoming angry. Locals claim Semple ripped them off, whilst contractors say they haven t been paid. One contractor said "it cost us a lot of money and also made us look stupid, which in this country is a big issue. "
ABC Australia - Ref. 4071
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[@jobblow1222]

I'm a Papua new Guinean and loved it when the bougainvillean guy said in tok pigins "development has to come first before mining activities." Love that line.❤

[@lauma4207]

More Development em Png ba go worse u go lo ples ba u nonap lukim ol problem blo city.

[@iansj2557]

Remarkably similar circumstances to a mine at yekepa in northern Liberia

[@pascalmebeben629]

Bongainville island rich with gold and diamants, coppers thats fuelled the criss by foreign mercernaries

[@MILLENNIUMREIGN]

Journeyman should come in and do a new interview

[@wadeecup]

IN THE SEVENTIES WHEN THE MINE WAS UP AND RUNNING WE WERE STILL THERE DOING THE CLEAN UP AROUND THE CONSTRUCTION SITE ,EVEN THEN THERE WAS A LOCAL BLOKE WHO WE ALL CALLED OLD MAN MOSES ,HE WAS COLLECTING MONEY FROM THE BOYS WORKING IN THE MINE WITH THE EXCUSE OF BUYING THE MINE BACK AND KEEPING THE MONEYS IN THE BOUGIANVILLE ISLAND AREA THIS WAS AROUND 71/74 WHILE WE WERE THERE

[@spacecatboy2962]

LOOKS LIKE THEY ARE CHEWING PLENTY OF BETEL NUT

[@ndorobei4391]

far better than chewing cocain.

[@grangerdaveona2723]

And?

[@mohinderkumar7298]

Everywhere colonialiam

[@jamesmurphy9105]

Another reason why Dictatorships are create to protect against the global corporate looting

[@chippyjohn1]

Rio Tinto and BCL are actually US businesses, NOT Australian. The USA owns about 96% of the company.

[@theblackesthat7833]

Welcome to Pandora.

[@ingridmason6437]

Francesca S You are champion.

[@jordanpiyana6254]

"Socio Economic & Environmental Impacts" The financial profitability of a mining project is insufficient to prove that society is benefiting and environmental impacts are minimum for the community to fall back after a mine closes. Therefore, multiplier effects of mining activities should improve living conditions and alleviate poverty, and ensure these benefits are sustained beyond the mine life.

[@johnathanDwhite]

Well said truth

[@celestinemiru3604]

BCL is mistakenly called pangku mine as copper mine in fact, its a gold mine....thousands of tones of gold stolen by BCL.

[@johnathanDwhite]

Yup hold or platinum

[@wayne.thomson-qe1pf]

I love Papua New Guinea I live there for two years 1973 The 1975 but now all I see is poverty and unrest in this beautiful country. So my question is if they hate the white man so much start the company up from scratch yourselves It's a Hard Thing to do I know but we live in the 21st century and it's not being white or black or brown it's getting along together to reach the ultimate goals of each other the one who invest the most is always the one that is rewarded the most and then the payments go down the line to the last Investor or shareholder or landowner, also at the end of the day they really do want to blame a race of people you can't everybody is involved even the Rothschild family that own billions if not trillions of dollars also the Rockefeller family which also own billions upon billions of dollars, for example Rothschild family get a percentage of every single note dollar note that has been printed and even other currencies throughout the world they get a percentage of every single dollar note or $5 note$20 note whatever the note is valued they get a percentage and not just from the United States of America lots of countries, so my question is to you Papua New Guineans you have the minerals in the ground but I am sad to say you have not got the technique to get it to the world market and this is why other people will help to make your life better but also it helps their lives as well it's called investing in each other's lives it has been some 20 odd years now you really need to move on quickly for yourselves and your children and your children's children we I'll need money in this world. But the pride of money can kill not just yourselves but also the people around you, and this is what I have seen in your documentation the pride of money that you want more and more I just hope that you all work towards the future of your people and your country for a better life for all.

[@quincypinola839]

They cant run they mines? if the had locals working the mines the should be able to run themselves

[@bluecat6902]

@Elisa Griffith papua new guinea is not a part of indonesia

[@bluecat6902]

@Elisa Griffithjudging by your choice of words it seems that you got swallowed by the biased media. You are a lost cause and not worth talking to. Good day to you

[@mohinderkumar7298]

Today in April 2020 what's important man? Life or mines of gold n dollars? Where is ur technology if west now man? 👎👎👎👎

[@jordanpiyana6254]

Bro, that was in the past. Today everything has changed...

[@zeddheck2326]

We could be more...

[@ahmedmohamed-em6wc]

Bravi molto bene

[@johnathanDwhite]

Yeah right copper that is gold platinum and uranium copper silver everything in one

[@johnfredyronsumbre3618]

Hungry Corporation around the world just come to tieves and took local people resources. Broken the cultures of the people. West Papua also like Freeport in Tembagapura Timika. They took all resources. Mining, Play wood and all...they kiiler...

[@kastorino9569]

cos of australian intervention

[@timsnow2204]

30% is really good considering two things, that they are not capable of doing anything with the minerals themselves and that it is going to cost a lot more than that to get the minerals out of the ground and onto a ship.

[@healinggoddess85]

U so fucking stupid u must be one of them scamming ass colonists! I hate all these fucking ppl they need to burn in hell frfr

[@timsnow2204]

@@healinggoddess85 This is why the country is so poor, the people are stupid. Left to themselves they would return to a stone age way of life and a life expectancy of 40 years, at least the ones that survived childhood.

[@johnathanDwhite]

So who cares they might just want to keep their minerals for god knows what

[@verruriezie718]

mantapp

[@guillermomontoyo]

Those dudes are insane looking

[@maxypriest3130]

Well, we're last people in this world.

[@Matlock901]

that president was a fool he need china to come in and do trade and development to help the people. hope these people vote in the right person .

[@sunny-xc8hx]

bruh this is so boring lmao i have to what this for school

[@ahmedmohamed-em6wc]

This black peoples