Posts

World May Depend on Australia, Papua New Guinea for Nickel Supply

Image
Released August 26, 2014 | PERTH, AUSTRALIA Researched by Industrial Info Resources Australia (Perth, Australia)--Indonesia's ban on nickel ore exports earlier this year helped to drive the price of the steelmaking raw material up at least 33%. With traders panicking at the prospect of dwindling global supplies, and the possibility of further sanctions placed upon Russia for its involvement in Ukraine (one of the affected companies was Norilsk Nickel Limited (MCX:GMKN) (Moscow), a global nickel heavyweight), the Oceania region could become the world's next major nickel supplier. More than 24% of known global reserves are located in the region. Australia is the world's fourth-largest producer of nickel, behind Russia, Indonesia and the Philippines. Western Australia, most notably Kalgoorlie, has the largest share of known nickel reserves in the country. Less significant resources can be found in New South Wales and Tasmania. The country looks to be a strong candidate

10 years after the eruption

Image
It has been 10 years since the Manam volcanic eruption  abruptly forced  more than 15000 islanders  to move  to the  mainland of the Madang province. Many of the families, still living in care centers,  have been left destitute with  very little  fertile land to grow food and little means of generating an income. For 10 years, both the National and Provincial governments have ignored the plight of islanders making no firm decision  on their resettlement. Gabriel Kabarapun is a displaced Manam Islander  who has been living  in the Asarumba care center.    He built this house  in 2004 when they were evacuated during the volcanic eruption   and since then, he  has changed  the  sago palm thatch on his roof only once. Asarumba, like the other Manam  care centers,  is  located on old mission  plantations.   Building materials are scarce and   the  islanders  are not always allowed to get sago thatch and wood  from  the traditional land  that belongs to  the Bogia people. “I can’t get mate

Parliament to resume on National repentance day

Image
WORKING on a repentance day holiday is not a big issue, Leader of Government Business and Finance Minister James Marape said today. Minister Marape said that Parliament will resume tomorrow (Tuesday) despite the fact that it is National Repentance Day public holiday. “Without realising the public holiday I was advised by government caucus to adjourn to this date, however looking back at it and as a Christian I know nothing happens by accident, thus recalling of parliament on a repentance day holiday is applicable.” “We as sinful humans beings are prone to sin, thus participation in repentance day program at parliament is the order of the day.” Mr Marape said the Speaker is organising a prayer lunch hour program at the state function room and after that Members will proceed to the chambers to start parliament session and adjourn shortly after that to Wednesday “Politicians don't have much holidays in general because every day has a work to attend to t

Airhead Gore takes credit for ending 2 year Unitech Crises. They really love themselves on camera

Airhead Gore., loves herself. Another dumb government minister... More of this self-loving clown ass minister

Our Prime Minister's own back is dirty - Southern Highlands Education sector managed by criminals

Image
By Mogol High School Teacher 1. Ialibu/Pangia community suspected women head teacher murderer still heads the SHP Education Administration. 2. Kagua Secondary School’s still waits for the refund of its K84,000.00, part payment of compensation demand paid to the deceased women teacher’s relatives. 3. The murdered women teacher’s brother, a School Board Chairman and a SHP PEB member forcefully owns the Pangia TVET School. 2012-2014 school subsidies withdrawn for personal use. In fact, the school’s cheque book is privately kept by the School Board Chairman in his village. 4. In 2012, transferring Pangia TVET School’s double classroom to Mendi Police Barracks - North Kagua waste land; cleared site to build a private guest house. The person who alerted the authorities fled the province after hired heavily armed Mendi Police raided his premises in Pangia Station for three (3) consecutive times. 5. Pangia TVET School copied and sold the controversial 2012 National Exam Answer

Rio Tinto Considers Exiting Papua New Guinea Copper Mine

Image
SYDNEY—  Rio Tinto   has maintained control of its closed Bougainville copper mine through independence clashes in Papua New Guinea. But as the mine today edges toward restarting after a quarter-century and copper prices are strong, Rio might head for the exit. The Anglo-Australian company on Monday said it was reviewing its options for its controlling stake in  Bougainville Copper  Ltd., after the government passed new laws that could strip the company of its lease on its Panguna mine. When Panguna—one of the world's biggest copper deposits—started operations in 1972, Papua New Guinea saw the project in Bougainville as a path to riches. The impoverished country then was still under Australian control and had little industry beyond fishing the schools of tuna that swam near its shores. But islanders soon became envious that revenue that was flowing to government coffers in Port Moresby rather than to Bougainville schools, health clinics and local incomes. Those frustration

NEVER EVER GIVE UP

Image
Uni-tech activist students have been reading about whats gone on at UPNG the past months.  Sad to see that the UPNG student protest against government corruption was destroyed by intimidation and sellout. We faced similar problems during uni-tech saga and won only because of stubborness. Most of us believed we were doing the right thing for God and country so we should not give up under any circumstances. As writer Maya Angelo once said:  “You may encounter many defeats, but you must not be defeated. In fact, it may be necessary to encounter the defeats, so you can know who you are, what you can rise from, how you can still come out of it.”  That’s good advice for UPNG students who believe in using student power to speak out for justice and honesty in our country.  Find new ways to keep fighting for what you believe in no matter how many Bobby Yupi obstacles are thrown your way. During early Uni-tech saga we had our own Bobby Yupi by the name of 2013 SRC President Livingstone Hosea. 

PAN AUST Ltd says it will own 80% of Frieda mine by the 24th of August 2014 – I beg to Differ

Image
The Frieda Mine project is PNGs largest currently reported copper, Gold and silver resource. An update resource estimate has increased the Frieda River endowment to a total of 25.6 billion pounds of copper, 18.2 million ounces of gold and 49million ounces of silver. With copper prices currently at US$3.00 per lb this represents a value of approx US$75Billion and of which  investment totalling  US$6 Billion is required to realize. This value is placed on copper alone not counting the value on the Gold and Silver.  This is the resource that Pan Aust Ltd says it will pay US$125 million to own. Pan Aust has paid US$25 million as deposit and will pay another US$50 million by the end of 2015 after it has taken control of the mine and developed the mine and then use the resource of the mine to pay that  US$50 million to Xstrata Glencore and to further pay another US$50 million in smelting Fees  through smelters owned the Glencore.  On the 11th of August Pan Aust announced to the Austral

Peter O’Neill’s Winning Strategy To Slip Through the Cracks:

Image
A Prediction on How He Will Evade The UBS Scandal By  JASON WAUGLE   Starting with his success at squirming out of the fraud charges that came out of the NPF scandal investigation nearly 15 years ago, Peter O’Neill has earned a solid reputation as being a remarkable piece of slippery slime that no member of truth seeking police, ombudsman, court, or legislative members have been able to hold onto for long.  He dodges and darts like Bruce Lee evading  an opponent’s solid kick.  He piles one half truth upon another until even anti-corruption activists are backing off with their heads spinning in total confusion.  Peter O’Neill can shed his skin like a snake and squeeze through the smallest holes like the most slippery eel.   As much as the late arch criminal William Kapris spoke bad about the corruption of politicians, Peter O’Neill came out of the same mold as Kapris.  Kapris must have had grudging respect for the man.  Now Peter O’Neill is back in the ring again, this time facing h