The creation of new businesses and the growth of existing ones is critical to Bougainville’s economic development. President Ishmael Toroama has made business development and the promotion of innovation a focus of his government and the reasons for this are multi-faceted. Profitable businesses help generate income, provide tax revenue to support the development of community […]
Bougainville Copper Limited is proud to support SME’s within the Panguna district, sponsoring 10 participants for a Financial Literacy Training program. The participants were selected at random from different disciplines of engagement that were common within Panguna. A total of 175 individuals undertook the 3-day Financial Literacy Training program conducted by PNG SME Directory. Among […]
Issues note compiled for BCL by Cameron Hill an industry communications specialist and former journalist of more than 20 years’ experience. Download report here Research Note – Copper Prospects. Introduction Off the back of constrained supply and rising demand, many analysts are predicting a sustained period of price growth for copper through this decade and […]
[vc_row][vc_column][vc_column_text]by David Miringtoro Osikore BSC MAUSIMM The former Panguna Mine, owned and operated by Bougainville Copper Limited (BCL) was forced to close, in May of 1989 at the height of the Bougainville Crisis. It has now lain dormant for for 31 years. The mine’s former operating economics and glory was lost in its entirety 31 […]
PNG’s police commissioner and pandemic controller David Manning has told of his personal experience of being infected with COVID-19. Mr Manning told the Post Courier that he believed he contracted the virus while in Bougainville during the Joint Supervisory Body meeting between the ABG and national government back in February. He was sick for around […]
Ensuring the people of Bougainville always have physical and economic access to sufficient, safe and nutritious food to support active and healthy lifestyle is the key aim of a new food security policy that is being developed. The Food and Agriculture Organisation of the United Nations in conjunction with the ABG’s Department of Primary Industries […]
The year 2020 was a tumultuous one globally as the world navigated its way through the Coronavirus pandemic which affected our everyday lives and disrupted many business activities as countries including PNG grappled with its highly contagious and unforgiving nature. Bougainville Copper like everyone else faced major hurdles such as the travel restrictions, lockdowns and […]
Back in 2014 the people of Bana District in the south west of Bougainville began investigating options to foster economic development within the region, in areas such as agriculture, fisheries and tourism. This vision and perseverance led to the official launch of the Bana Special Economic Zone during a recent visit by President Ishmael Toroama […]
In bringing down PNG’s national budget for 2021, Treasurer Ian Ling-Stuckey made clear that due to fiscal constraints the document contained no big announcements of new initiatives, with a focus instead on core business. Already grappling with significant, pre-existing public debt and deficit issues, the PNG economy like others around the world has also […]
Ishmael Toroama has vowed to never stray from the three key pillars on which he campaigned to be elected the fourth president of Bougainville – fighting for independence, battling corruption and maintaining the rule of law. Mr Toroama’s remarkable journey from revolutionary commander to peacemaker, cocoa farmer and president has captured the attention of the […]