Rio Tinto moves a step further in returning to Bougainville

Rio Tinto moves a step further in returning to Bougainville

3rd April 2007

Those money-grasping invest ors who constitute the self-named "European Shareholders of Bougainville Copper" - and like to send out big photos of themselves along with their press releases, instead of images of the polluted minesite or the horrors of the recent war - claim that the Panguna mine will reopen.

They base their optimism on a more cautious statement from BCL itself - but which nonetheless seems to confirm that Rio Tinto (the majority investor in of BCL) is now planning to return to Bougainville - and not just to Panguna.