Bougainville Copper

Bougainville Copper

Bougainville Copper Ltd is an Australian copper, gold, and silver mining company that operates the Panguna open cut mine on the island of Bougainville in Papua New Guinea (PNG). It was one of the world's largest open-pit mines. The Panguna mine dominated the economy of the island during the 1970s and 1980s. It also was highly significant to the overall PNG economy: In the 1970s and the 1980s the company's tax and dividend payments added up to approx. 20% of PNG's national budget.

Read more about Bougainville Copper:  Shareholder Structure, History, US Lawsuit

Other articles related to "bougainville, bougainville copper":

History Of Bougainville - Uprising
... He resigned his job, went into the jungle, and formed the Bougainville Revolutionary Army (BRA) ... to resolve the standoff continued, and Bougainville Copper continued to deny responsibility for any of the grievances of Ona and his supporters ... Nevertheless, the PNG government and Bougainville Copper initially made attempts to resolve some of the outstanding issues, and offered an expensive compromise deal, which was rejected ...
Bougainville Copper - US Lawsuit
... Citizens of Bougainville have filed a class action lawsuit in the United States against British-Australian company, Rio Tinto arising from the environmental damage caused by the mine and war ...
Francis Ona - Secessionist Leader
... Ona was, in one stage of his life, employed by Bougainville Copper at the mine but he was increasingly critical of its impact on the environment and what he claimed ... per cent share of mine revenue to the landholders and a transfer of ownership to Bougainville ... In response, Ona established the Bougainville Revolutionary Army (BRA) which conducted numerous acts of sabotage against the mine including the destruction of the mine's power ...

Famous quotes containing the word copper:

    He had put, within his reach,
    A box of counters and a red-veined stone,
    A piece of glass abraded by the beach,
    And six or seven shells,
    A bottle with bluebells,
    And two French copper coins, ranged there with careful art,
    Coventry Kersey Dighton Patmore (1823–1896)