Hidden Valley Joint venture welcomes cooperative approach

Caption: Mining Minister Hon John Pundari and MP for Wau, Bulolo Hon Sam, Watut Union members, MMJV, Morobe provincial representatives after signing the joint press release

The Hidden Valley Joint Venture (HVJV) welcomed the outcomes of a stakeholder meeting held in Port Moresby on May 12,  2011,  that discussed constructive solutions to community concerns relating to the Hidden Valley Mine.

The HVJV would like to thank the Minister for Mining, Hon. John Pundari MP for coordinating the meeting and acknowledge the cooperative approach taken by all attendees, including key government departments, the Member for Bulolo, Hon Sam Basil, Watut River community leaders and the HVJV. 

In the spirit of this cooperative approach, the HVJV has agreed to stop using the statutory declaration form as part of the voluntary garden compensation process.

The HVJV will instead use an amended version of the current 'Damages Assessment Payment Receipt Form' to document all future payments under the voluntary garden compensation process.

The use of a receipt is a normal, responsible and transparent approach as it provides all parties with written evidence that the compensation amount has been agreed and received.

As agreed at last week's stakeholder meeting, the HVJV will now revisit the remaining 471 Watut River landowners who have not received compensation in order to finalise the voluntary garden compensation process.

The HVJV has already paid compensation of K3.8 million to 3,700 Watut River landowners for flood damage to crops and gardens, to which mine related sediment may have contributed, along with natural events including land slips and major rain events.

The HVJV will regard all forms already signed by Watut River landowners as being the same as the amended receipt form. Therefore, landowners who have already received compensation do not need to sign a new form.

The process for the voluntary garden compensation payments will continue the current robust and transparent approach which involves a claim submitted from the affected landowner, followed by a damage assessment.

The damage assessment is conducted by a multi-party team comprising HVJV employees, Morobe Provincial Government or Bulolo District Office representatives, LLG representatives and the claimant/landowner of the affected property.

The HVJV remains committed to continued constructive dialogue with its key stakeholders, including the national, provincial and local level government, community leaders and the local community in order to resolve remaining community issues.

Media inquiries:

David Wissink Hidden Valley Joint Venture Mobile: (675) 7100 2406 Email: david.wissink@morobejv.com

Background

The Hidden Valley Mine is operated by the Hidden Valley Mine Joint Venture (HVJV) a  50:50 Joint Venture between Harmony Gold of South Africa and Newcrest Mining of Australia.

The Hidden Valley Mine is located near Wau and Bulolo in Morobe Province. It was officially opened in September 2010.

The Hidden Valley Mine has a workforce of more than 2,000 people with 95 per cent of workers being PNG Nationals and 50 per cent being from the local communities.

It is important to note that the Hidden Valley Mine has an engineered tailings storage facility and no mine processing residue, or tailings, is discharged into the river.

The mine related sediment in the river that has caused community concern was run-off from mine overburden and construction activities.

The mine transitioned from construction to operation in October 2010.

Mine sediment run-off is now significantly lower due to mitigation measures.

These measures included ceasing of side casting of waste rock and overburden in September 2009, ongoing revegetation of exposed slopes and erosion control, and the storage of waste rock in engineered waste rock facilities.

The HVJV places a high value on responsible environmental management and our relationship with local communities.

The HVJV has been making voluntary garden compensation payments to communities along the Watut River for flood damage to crops and gardens, regardless of whether this was due to additional sediment run-off from the mine construction activity or by natural events such as landslips and heavy rain.

To date, the HVJV has paid a total of K3.8 million to 3,700 Watut River landowners.

The voluntary garden compensation payments are in addition to the Hidden Valley Mine's existing sustainable development program which is bringing education support, agricultural skills, health programs and community facilities such as sanitation and water supplies, school classrooms, community halls and aid posts.

These programmess were developed in partnership with the local and provincial government and are aligned with their development programs.

An Expert Stakeholder Advisory Panel is also being established by the HVJV to provide independent review of sediment related issues and related community concerns.

APEC Trade Ministers acknowledge status of DDA, push for stronger multilateral trading system

 
Issued by APEC Ministers Responsible for Trade
 
Big Sky, Montana, 19 May 2011 – Committed to increasing trade and opening markets in the Asia-Pacific, trade ministers explored productive steps APEC can take to sustain the overall strength of the multilateral trading system and address the path forward. 
 To support economic growth and job creation in the region, APEC Ministers Responsible for Trade met here today to focus on strengthening regional economic integration, promoting green growth, and advancing regulatory convergence and cooperation – the three priorities for APEC which is hosted by the United States this year.  
US Trade Representative, Ambassador Ron Kirk, said the discussion would contribute to achieving concrete results in these areas, which are key to strengthening economic growth and development in the Asia-Pacific.
 "Whether they are manufacturers, ranchers, or farmers, many benefit from the outcomes APEC generates and it is vital that we keep that in mind today and tomorrow to ensure that we provide the necessary direction to APEC officials so by November when APEC Leaders meet, we have a set of strong outcomes that will move us towards the goal of a seamless regional economy," said Ambassador Kirk who chaired the meeting. 
 The Doha Round was a topic of discussion. Ministers acknowledged the challenges facing the current round of world trade negotiations. 
 "In my view, without abandoning our commitment to the success of the Round, we need to begin a hard-nosed discussion of what can be done.  We need to explore what 'next steps' we can take to find a more productive path – and, if we find that path, to take it as quickly as possible," Ambassador Kirk explained. 
 "Wherever we go next, I think it's critical to emphasize one point – the WTO is strong, as it has shown itself to be in the past three years.  We have confidence in it."
 World Trade Organization Director-General Pascal Lamy also briefed Ministers this morning on the status of the Doha Round and discussed possible next steps.  
 "I will be holding a Trade Negotiating Committee (TNC) meeting on 31 May to take stock of my consultations and chart a path forward," said Lamy. "There is little time available and this is why I believe we should use the TNC on 31 May to move the discussions from process into substance." 
 "The signals from this meeting and from the upcoming Ministerial meeting hosted by Australia in the margins of the OECD are key inputs into that process," he concluded. 
 APEC Trade Ministers are expected to release a statement at the end of their meeting on May 20, followed by a press conference. They will also meet jointly with Small and Medium Enterprise Ministers in the afternoon. SME Ministers will convene on May 21 to address barriers and challenges that are facing companies from throughout the region take advantage of global trade.
 Separately, APEC Senior Officials from APEC's 21 member economies have concluded their meeting on the issues and work to be undertaken to address the three priorities for this year
 
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For more information, contact:  Augustine Kwan +65 9831 0717 at ak@apec.org or Michael Chapnick +1 (202) 664 6245 at mc@apec.org
 
Details about APEC meetings, events, projects and publications can be found at www.apec.org or www.apec2011.gov. You can also follow APEC on Twitter and join us on Facebook.

Sir Mekere wants house dissolved

By JEFFREY ELAPA

PARLIAMENT is a dead organ that needs to be dissolved immediately to allow for a fresh election, the opposition said,
The National reports.
In a press conference soon after parliament adjourned yesterday, former opposition leader Sir Mekere Morauta said all leaders needed to "take measures to resuscitate the legislative arm of government for the benefit of the people they represent".
Sir Mekere said parliament was not working as it continued to be adjourned.
They blamed the government for not providing the numbers to allow the quorum for important bills listed on the notice papers.
They feared that important enabling legislation for the Hela-Jiwaka Transitional Authority, the boundary commission report and other important bills were likely to fail.
They said the government failed to provide the numbers as a result of the infighting within the ruling National Alliance party over its leadership.
The opposition feared the bill to reserve 22 seats for women was likely to fail as there was not enough time for it to be debated before the next election.
Sir Mekere challenged acting Prime Minister Sam Abal to have some control over the movements of his members.
 "They are like cowboys. While he is in office they are fighting for the office. It is a failure of basic human consideration and respect," he said.
Former deputy prime minister and member for Abau Sir Puka Temu said many outstanding bills needed to be passed and the government must provide the numbers to needed for a quorum.
He said that the opposition would support some of the important bills and the government should not continue to leave the seats empty.
He said that the speaker needed to be changed as he was always gagging parliament.
"He is not playing the game right. This is the worst speaker we have had so far, he is a laughing stock," he said.
Deputy PNG party leader and member for Anglimp-South Waghi Jamie Maxtone-Graham said on Wednesday there were only 16 ministers and even fewer yesterday.
Parliament was adjourned to 10am today after many seats in the chamber were left empty.
This is the second time the parliament has adjourned because of a lack of quorum after starting its sitting last week.

K169 million optic cable deal signed

By ISAAC NICHOLAS

RURAL districts of Southern Highlands will be on the forefront of telecommunications technology after the signing of a US$70 million (K169.5 million) agreement for the installation and operation of a fibre optic cable along the PNG liquefied natural gas pipeline, The National reports.
The multi-million-kina agreement was signed between ExxonMobil country manager Peter Graham and Southern Highlands Governor Anderson Agiru at Parliament House yesterday.
The 750km cable line would provide efficient and reliable telecommunication between Hides in Southern Highlands and the LNG liquefaction plant in NCD.
Agiru described yesterday's signing as a momentous occasion for Southern Highlands and Papua New Guinea.
"The fibre optic cable will transform Southern Highlands into a global entity."
With the nerve centre at Ela Beach in NCD, two computer centres would be set up in Tari and Mendi to link districts in Southern Highlands.
Graham said the occasion was another milestone in the execution of the PNG LNG project, bringing with it opportunities for the economy.
"As we progress through the project's four-year construction period, our investments are generating direct benefits and contributing indirectly to the national economy by stimulating business development and demonstrating to the world that PNG is a worthy investment destination," Graham said.
The PNG LNG project has a 33.33% interest in the cable while IPBC owns 41.67%, Oil Search Ltd 16.67% and the Southern Highlands government 8.33%.
The signing was witnessed by Public Enterprises Minister Arthur Somare and Southern Highlands MPs including Treasury and Finance Minister Peter O'Neill, State Minister Francis Potape, Sports Minister Philemon Embel, Mendi MP Isaac Joseph and Kagua-Erave MP James Lagea. 

Kapris gets 30 years

Highlights:
*Of the K2.4m stolen from BSP Madang, only K430,000 recovered
*Kapris, his number two and Elizabeth Kivare still have BSP Kerema robbery charges to answer
*No suspended sentences

By JAYNE SAFIHAO

WILLIAM Nanua Kapris will spend 30 years in jail for masterminding the K2.4 million Bank South Pacific Madang branch robbery, the biggest heist in the country, The National reports.
Sentencing him yesterday, Justice David Cannings was moved to ask the question everyone wanted the answer to – "where has the money gone?"
In his 64-page judgment, Cannings said of the K2.4 million stolen, K1.2 million was taken from Lae to Port Moresby and kept at Tamara Player Tomscoll's house and police only recovered about K430,000.
But, despite the mystery surrounding the missing money, Kapris and his gang were sentenced to a total of 161 years in jail for the multiple charges they faced.
The court took into account that the conspiracy involved a large number of people, the subject of the conspiracy was the commission of a very serious crime, the offender was the central figure in the conspiracy and that each hostage would have suffered some trauma.
Described as a "habitual criminal", Kapris was charged with one count of armed robbery, one count conspiracy, 13 counts kidnapping and 14 counts of unlawful deprivation of liberty.
Kapris was denied suspended sentences or time deducted for the period spent in custody.
Kapris will be sent to Bomana (and not Lakiemata, in West New Britain, as he had requested) to await the Kerema BSP trial.
However, the judge told Kapris that he was free to pursue the switch if he wanted to.
His 11 other co-conspirators were given sentences of between eight and 15 years with the court using its discretion to deduct time spent in custody and partial suspensions of between three and four years.
They were sentenced as follows:
*Jacob Okimbari Peningi, known as Kapris' second-in-command, was given 11 years to be served at Beon in Madang;
*Kito Aso, nine years and three months, to be transferred to Lakiemata;
*Peter Alan Popo, six years and six weeks;
*Johnny Gumaira was given six years and three months;
*Ruben Micah, five years and seven weeks;
*Colin Masilo, five years and 10 months;
*Bobby Selan, four years, four months and two weeks;
*Damien Inanei, three years, one month and two weeks;
*Joyce Maima, three years and four months;
*Elizabeth  Kivare, who will return to Bomana to answer to the BSP Kerema charge, one year and nine weeks; and
*Boat skipper Elvis Bala Aka, 14 months.
Kito and Bala will be transferred to Lakiemata while Gumaira, Kapris and Kivare back to Bomana.
The cost of their transfer will be met by the Correctional Services.
The case brings to an end 18 months of intensive investigations by police and one of the most expensive criminal cases ever to go before the courts.
Figures released last week by state departments on funds expended on the case showed:
*Public prosecutors spending K299,882.60;
*Police K1,095,455.60;
*Correctional Services K2,757,950; and
*Public solicitors K246,100

Frieda mine could be one of world’s best

THE Frieda River project, a gold and copper mine developed by Xstrata Mining Ltd and Highlands Pacific Ltd, is estimated to have more than 11 million tonnes of copper and 18 million ounces of gold in its Nena, Horse/Ivaal/Trukai (HIT) and Koki deposits, The National reports.
The project, currently undergoing a bankable feasibility study (BFS) carried out by Xstrata, when in full production will put Frieda on the map as one of the world's top 15 copper mines.
Highlands Pacific managing director John Gooding said yesterday that the production life of Frieda could be up to 20-30 years, with the first eight years producing 250,000 tonnes per annum of copper and 380,000 ounces per annum of gold.
"If you look at its second year of operation, on or about the year 2018 on current schedules, Frieda will produce about 320,000 tonnes of copper and a massive 580,000 ounces of gold.
"This would place it in the top 10 if in production today," he explained.
Gooding pointed out that Frieda has in-ground copper and gold resource potential for many decades of production.
"To put the current Frieda resource in context, that is about double the current inventory at the fabulous Wafi-Golpu project which stock market analysts have placed valuations on in the billions of dollars," he told shareholders at the annual general meeting.
Frieda River project, located between the East and West Sepik provinces, is 81.82% owned by Xstrata who are funding its BFS, and by Highlands Pacific (18.18%).
Gooding said the other exploration project for Highlands Pacific on Star mountains has also reported significant copper gold intersections from its drilling programme.

APEC needs to put empowerment of SMEs at center of economic agenda: US Commerce Secretary

Issued by the APEC Small and Medium Enterprises Working Group

 

Big Sky, Montana, 18 May, 2011 - "Growing renewable energy industries, such as wind, solar and biofuels, are a critical part of catalyzing clean economic growth," said US Commerce Secretary Gary Locke on Wednesday in Big Sky, Montana.
Locke made his remarks at the Enhancing Competitiveness through Green Growth Forum. The meeting was organized by the APEC Small and Medium Enterprises Working Group. A video of his remarks will be available on the APEC website.
Locke said that over the next few decades, world economies will need to rebuild and reinvent virtually every industrial activity – from power generation and transportation to manufacturing and construction – to succeed in an energy environment that looks drastically different than the one we've grown used to.
"The potential new business and new job creation in front of us is astounding," said Locke.

Locke characterized the issue with an example of one of the challenges facing the United States. In the United States, buildings consume 40 percent of energy and 73 percent of electricity. They are responsible for about 39 percent of carbon emissions – more than the transportation or industrial sectors.
But he also expressed optimism. "It's no surprise then that greening these buildings can create immense economic opportunity, with the overall green building market projected to reach as much as $140 billion worldwide by 2013."
"A big part of the answer lies with the small and medium-sized enterprises," he continued. "This is why APEC member economies need to put the empowerment of small businesses at the very center of our economic agendas."
"I don't think there's any question that APEC member economies greatly value the power of thriving small businesses -- especially when it comes to spurring clean growth.
But small companies continue to face hurdles in the APEC region. The International Trade Commission and the Organization for Economic Cooperation and Development identified excessive transportation costs and customs clearance delays; difficulty protecting intellectual property and preferential tariff rates; and lack of access to financing and information as the main culprits to growth.
Locke urged APEC member economies to pursue policies that unleash innovation and enable entrepreneurs.

"The job of APEC policymakers is to help create an environment that supports the risk-taking and innovation that will be so important to promoting clean growth in the years to come," said Locke.

He also said that policies need to be developed to give entrepreneurs the tools to succeed no matter where they live.

APEC Senior Officials from APEC's 21 member economies concluded their meeting today. APEC Trade Ministers and Small and Medium Enterprise Ministers are to convene from May 19-21 here and will focus on APEC's 2011 agenda to further advance free and open trade in the region.

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For more information, contact: Augustine Kwan +65 9831 0717 at ak@apec.org or Michael Chapnick +1 (202) 664 6245 at mc@apec.org
Details about APEC meetings, events, projects and publications can be found at www.apec.org or www.apec2011.gov. You can also follow APEC on Twitter and join us on Facebook.