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The Bougainville Mining Act 2015 (Mining Act) came into force on 1 April 2015.
Under the Mining Act, Bougainville Copper Limited (Company) is deemed to have held an exploration licence (EL) as at 8 September 2014 for a period of two years.
The Bougainville Mining Regulations 2016 have now come into effect, and accordingly, the Company has been provided with documentation from the Department of Mineral and Energy Resources confirming the grant of EL1 to the Company.
The grant of the EL took effect on 8 September 2014 and will expire on 7 September 2016. The Company intends to apply for renewal of EL1 under the Mining Act.
By Order of the Board
Mark Hitchcock
Company Secretary
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Bougainville Copper Ltd
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CODE : BOU1.F |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Bougainville Copper is a copper development stage company based in Papua new guinea. Bougainville Copper holds various exploration projects in Papua New Guinea. Its main exploration property is PANGUNA COPPER MINE (BOUGAINVILLE) in Papua New Guinea. Bougainville Copper is listed in Germany. Its market capitalisation is €UR 156.4 millions as of today (US$ 168.1 millions, € 156.1 millions). Its stock quote reached its highest recent level on January 07, 2011 at €UR 1.56, and its lowest recent point on August 02, 2019 at €UR 0.05. Bougainville Copper has 401 062 500 shares outstanding. |