DOCSLIB.ORG

Notice of General Meeting/Proxy Form

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Notice of General Meeting/Proxy Form PILBARA MINERALS LIMITED ACN 112 425 788 NOTICE OF GENERAL MEETING TIME: 11:30am (AEST) DATE: Friday 17 May 2013 PLACE: The Sofitel Hotel Edwin Flack Room 61 – 101 Phillip Street Sydney This Notice should be read in its entirety. If Shareholders are in doubt as to how they should vote, they should seek advice from their professional advisers prior to voting. Should you wish to discuss the matters in this Notice please do not hesitate to contact the Company on (+61 2) 8252 9223. C O N T E N T S P A G E Notice of General Meeting (setting out the proposed Resolutions) 3 Explanatory Statement (explaining the proposed Resolutions) 11 Glossary 39 Schedule 1 – Independent Expert’s Report Schedule 2 – Independent Geologist’s Report Schedule 3 – Solicitor’s Tenements Report Proxy Form Enclosed T I M E A N D P L A C E O F M E E T I N G A N D H O W T O V O T E VENUE The General Meeting of the Shareholders to which this Notice relates will be held at 11:30am (AEST) on 17 May 2013 at: The Sofitel Hotel Edwin Flack Room 61 – 101 Phillip Street Sydney YOUR VOTE IS IMPORTANT The business of the General Meeting affects your shareholding and your vote is important. VOTING IN PERSON To vote in person, attend the General Meeting on the date and at the place set out above. VOTING BY PROXY To vote by proxy, please complete and sign the enclosed Proxy Form and return by the time, and in accordance with the instructions, set out on the Proxy Form. ELIGABILITY TO VOTE For the purposes of Regulation 7.11.37 of the Corporations Regulations, the Directors have determined that persons registered as Shareholders on the Company’s register at 11:30am AEST on 15 May 2013 will be entitled to attend and vote at the General Meeting. Share transfers registered after that time will be disregarded in determining entitlements to attend and vote at the General Meeting. On a show of hands every Shareholder has one vote, and on a poll, every Shareholder has one vote for each Share held. Voting Intentions of the Chairman The Chairman intends to vote all undirected proxies in favour of the relevant Resolution(s). 3 N O T I C E O F G E N E R A L M E E T I N G Notice is given that a General Meeting of Shareholders will be held at 11:30am (AEST) on 17 May 2013 at The Sofitel Hotel, Edwin Flack Room, 61 – 101 Phillip Street, Sydney. The Explanatory Statement provides additional information on matters to be considered at the General Meeting. The Explanatory Statement and the Proxy Form are part of this Notice. The Directors have determined pursuant to Regulation 7.11.37 of the Corporations Regulations 2001 (Cth) that the persons eligible to vote at the General Meeting are those who are registered Shareholders at 11:30am (AEST) on 15 May 2013. Terms and abbreviations used in this Notice are defined in the Glossary. BACKGROUND AND SUMMARY The Board believes that the purchase of Sturt Resources Ltd (Sturt) will provide a very good opportunity for Shareholders to add significant value to their Pilbara shareholding. Sturt owns interests in, and has rights to acquire interests in, a range of projects in Papua New Guinea. Theses interests comprise two major projects: The Malaumanda Project, situated in and around the Malaumanda village in the north central highlands; and Tamo Project, situated approximately 100 km east of the Malaumanda Project. The Directors are seeking your permission to purchase the entire issued capital of Sturt, by issuing 129,600,000 Pilbara shares to Sturt Shareholders, with a further 32,400,000 payable to Sturt’s joint venture partner in the Tamo Project, subject to renewal of EL 1453, and other conditions. Further details in respect of this proposed acquisition are set out in the Explanatory Statement. To fund the projected work program, the Company intends to conduct a rights issue to raise up to approximately $1.6 million, the details of which will be circulated to shareholders in the near future. Sturt’s Assets The Malaumanda Project Sturt’s main assets are interests (ranging from 60% to 100%, see figure 3) in a number of highly prospective gold tenements in the Malaumanda region. Together these tenements cover almost 4,300 Sq. km. Pilbara considers that EL 1989, part of the Malaumanda Project, is the most prospective tenement held by Sturt. Sturt has already earned a 60% interest in EL 1989 and expended approximately $1.1 million on this tenement (of the required $1.9 million required to be spent to earn an 80% joint venture interest). The funds raised under the proposed rights issue will enable Sturt (owned 100% by Pilbara) to increase its interest in EL 1989 from 60% to 80%. The Tamo Project Situated approximately 100 km to the east of the Malaumanda Project is the Tamo Project. Sturt has the rights to acquire up to a 70% interest in a joint venture with a B&T PNG (a Korean owned company) and local landowner group. Figure 1 Location of Tenements Pilbara Minerals Limited 4 Figure 2 Structure of Sturt Resources Figure 3 Status of Sturt’s Interests in PNG – March 2013 Pilbara Minerals Limited 5 Budget The Company proposes to fund the work program by raising up to approximately $1.6 million in a rights issue. The funds will be applied in the following way: Balance of FY Item/Project FY to June 2014 Notes to June 2013 Corporate Australia Office $55,000 $300,000 PNG Office $25,000 $100,000 At least two thirds of this will go towards joint venture expenses for EL 1989 Total Corporate $80,000 $400,000 Exploration PNG Projects EL 1989 $ 120,000 $700,000 This plus % of PNG office take Pilbara’s interest to 80% EL 1915 $5,000 $120,000 Minimum expenditure West Pilbara $-140,000 $20,000 Fox joint venture payment of $150K Total Geology -$15,000 $840,000 Total Net Expenditure $65,000 $1,240,000 Key Risks A non-exhaustive summary of the key risks associated with the Acquisition are set out below. Further details of the risks factors, advantages and disadvantages of the Acquisition are set out in the Explanatory Statement. Inaccuracies in the public records in respect of Sturt and its subsidiaries: Sturt PNG, NGMPNG and Star PNG (through whom the interests in the PNG Tenements are held) may affect the interests Pilbara will acquire in the PNG Tenements as a result of the Acquisition. Any failure by Sturt or its subsidiaries to comply with the provisions of the Investment Promotion Act 1992 (PNG), including incomplete or inaccurate certification, is an offence, and contracts, agreements or understandings entered into under such circumstances may be declared unlawful or void on application to a court in certain circumstances. Further, Sturt PNG, NGMPNG and Star PNG may not be in compliance with all of the terms and conditions of their Investment Promotion Authority (IPA) certification, which means that there is a risk that the IPA may issue a notice of suspension or cancellation of the certificates granted to Sturt PNG, New Global and Star PNG to carry on business in PNG. A search of the Register of Tenements, maintained under the Mining Act, shows that none of the Joint Venture Agreements are registered on the title of the relevant PNG Tenement. Under the Mining Act no legal or equitable interest is created, assigned or otherwise dealt with by an instrument, either directly or indirectly, unless and until the instrument has been approved by the Minister and registered under the Mining Act. To the extent that Sturt’s interests in the PNG Tenements are not registered on the respective licences and are contractual only, there is a risk that such interests are not valid until the relevant agreement is registered against the respective PNG Tenement. Pilbara may need to raise debt and/or equity from time to time in relation to the funding of the PNG Tenements, the WA Tenements and for general working capital purposes. There is no guarantee that funding will be available, or that it will be available on acceptable terms. Pilbara Minerals Limited 6 Further Information In addition to the Explanatory Statement, the documents attached to this Notice, namely the Solicitor’s Tenements Report, the Independent Geologist’s Report and the Independent Expert’s Report, will provide you with further details relevant to the proposed transaction. The Board is unanimous in recommending the Acquisition and we are ready and willing to discuss any questions you may have. Regards Gavan H Farley Executive Director Pilbara Minerals Limited 7 AGENDA RESOLUTION 1 – APPROVAL OF CHANGE TO SCALE OF ACTIVITIES To consider, and, if thought fit, to pass the following Resolution as an ordinary resolution: “That, subject to the passing of Resolution 2 and 3, for the purposes of Listing Rule 11.1.2 and for all other purposes, the Company be authorised to make a significant change in the scale of its activities by acquiring all of the issued capital of Sturt.” Voting Exclusion: The Company will disregard any votes cast on Resolution 1 by any person, or any associate of those persons, who may obtain a benefit, except a benefit solely in the capacity of a holder of ordinary securities, if the Resolution is passed. However, the Company need not disregard a vote if: it is cast by a person as a proxy for a person who is entitled to vote, in accordance with the directions on the Proxy Form; or it is cast by the person chairing the meeting as proxy for a person who is entitled to vote, in accordance with a direction on the Proxy Form to vote as the proxy decides.
Load more

Recommended publications
  • PAPERS in NEW GUINEA LINGUISTICS No. 18
    PACIFIC LINGUISTICS S e.ft-<- e..6 A - No. 4 0 PAPERS IN NEW GUINEA LINGUISTICS No. 18 by R. Conrad and W. Dye N.P. Thomson L.P. Bruce, Jr. Department of Linguistics Research School of Pacific Studies THE AUSTRALIAN NATIONAL UNIVERSITY Conrad, R., Dye, W., Thomson, N. and Bruce Jr., L. editors. Papers in New Guinea Linguistics No. 18. A-40, iv + 106 pages. Pacific Linguistics, The Australian National University, 1975. DOI:10.15144/PL-A40.cover ©1975 Pacific Linguistics and/or the author(s). Online edition licensed 2015 CC BY-SA 4.0, with permission of PL. A sealang.net/CRCL initiative. PACIFIC LINGUISTICS is published by the Ling ui��ic Ci�cl e 06 Canbe��a and consists of four series: SERIES A - OCCAS IONAL PAPERS SERIES B - MONOGRAPHS SERIES C - BOOKS SERIES V - SPECIAL PUBLICATIONS . EDITOR: S.A. Wurm . ASSOCIATE EDITORS: D.C. Laycock , C.L. Voorhoeve . ALL CORRESPONDENCE concerning PACIFIC LINGUISTICS, including orders and subscriptions, should be addressed to: The Secretary, PACIFIC LINGUISTICS, Department of Linguistics, School of Pacific Studies, The Australian National University, Canberra , A.C.T. 2600. Australia . Copyright � The Authors. First published 1975 . The editors are indebted to the Australian National University for help in the production of this series. This publication was made possible by an initial grant from the Hunter Douglas Fund. National Library of Australia Card Number and ISBN 0 85883 118 X TABLE OF CONTENTS Page SOME LANGUAGE RELATIONSHIPS IN THE UPPER SEPIK REGION OF PAPUA NEW GUINEA, by Robert Conrad and Wayne Dye 1 O. INTRODUCTION 1 1 .
    [Show full text]
  • The Sukundimi Walks Before Me
    THE SUKUNDIMI WALKS BEFORE ME SIX REASONS WHY THE FRIEDA RIVER MINE MUST BE REJECTED About this report This is a publication of the Jubilee Australia Research Centre and Project Sepik Principal Author: Emily Mitchell Additional Material and Editing: Luke Fletcher, Emmanuel Peni and Duncan Gabi Published 14 March 2021 The information in this report may be printed or copied for non-commercial purposes with proper acknowledgement of Jubilee Australia and Project Sepik. Contact Luke Fletcher, Jubilee Australia Research Centre E: [email protected] W: www.jubileeaustralia.org Project Sepik Project Sepik is a not-for-profit organisation based in Papua New Guinea that has been working in the Sepik region since 2016. Project Sepik advocates for the vision of a local environment with a sustained balance of life via the promotion of environmentally sustainable practices and holding to account those that are exploiting the environment. Jubilee Australia Research Centre Jubilee Australia Research Centre engages in research and advocacy to promote economic justice for communities in the Asia-Pacific region and accountability for Australian corporations and government agencies operating there. Follow Jubilee Australia on Instagram, Facebook and Twitter: @JubileeAustralia Acknowledgments Thanks to our colleagues at CELCOR, especially Mr Peter Bosip and Evelyn Wohuinangu for their comments on drafts. Thank you to Rainforest Foundation Norway for generously supporting this project. Cover image: Local village people along the Sepik River THE SAVE THE SEPIK CAMPAIGN The Save the Sepik campaign is fighting to protect the Sepik River from the Frieda River Mine. It is a collaboration between Project Sepik and Jubilee Australia Research Centre.
    [Show full text]
  • Frieda River Limited Sepik Development Project Environmental Impact Statement Chapter 14 – References
    Frieda River Limited Sepik Development Project Environmental Impact Statement Chapter 14 – References SDP-6-G-00-01-T-084-015 Environmental Impact Statement Sepik Development Project 14. REFERENCES ACIL Allen. 2018. Sepik Development Project Economic Impact Assessment. ACIL Allen Consulting Pty Ltd. Brisbane, Australia. AECOM. 2011. Frieda River Landscape and Visual Study. November. Report prepared by AECOM, Sydney NSW, for Coffey Natural Systems, Abbotsford Vic. Alabaster, J.S. and Lloyd, R. 1982. Water quality criteria for freshwater fish: 1. Finely divided solids. Food and Agricultural Organisation, Butterworths, London. Allen, G.R. and Coates, D. 1990. An ichthyological survey of the Sepik River, Papua New Guinea. Records of the Western Australian Museum Supplement 34: 31–116. ANCOLD. 1998. Design of Dams for Earthquakes. The Australian National Committee on Large Dams. Hobart, Tasmania, Australia. ANCOLD. 2000. Selection of Acceptable Flood Capacity for Dams. The Australian National Committee on Large Dams. Hobart, Tasmania, Australia. ANCOLD. 2001. Environmental Management of Dams. The Australian National Committee on Large Dams. Hobart, Tasmania, Australia. ANCOLD. 2003a. Dam Safety Management. The Australian National Committee on Large Dams. Hobart, Tasmania, Australia. ANCOLD. 2003b. Risk Assessment. The Australian National Committee on Large Dams. Hobart, Tasmania, Australia. ANCOLD. 2012a. Consequence Categories for Dams. The Australian National Committee on Large Dams. Hobart, Tasmania, Australia. ANCOLD. 2012b. Tailings Dams - Planning, Design, Construction, Operation and Closure. The Australian National Committee on Large Dams. Hobart, Tasmania, Australia. ANU. 1999. Agricultural System: 13, Subsystem: 01. Part of the Mapping Agricultural Systems in Papua New Guinea Project. A WWW publication accessed on 14 June 2011 at http://rspas.anu.edu.au/lmg/masp/result.php?submit0=1&provinceList=14.
    [Show full text]
  • Frieda River Feasibility Study Addendum Update
    6 April 2017 Frieda River Feasibility Study Addendum Update Highlands Pacific Limited (ASX: HIG) has received the final report from mining industry consultant Behre Dolbear Australia Pty Ltd (BDA), which conducted an independent peer review of the Frieda River Feasibility Study and Addendum documentation prepared by Frieda River project manager PanAust Ltd. PanAust, a wholly owned subsidiary of Chinese Government owned Guangdong Rising Assets Management Co Ltd (GRAM), released its initial Frieda River Feasibility Study in May 2016 (See Highlands Pacific ASX announcement "Frieda Study Received, 19 May 2016). BDA subsequently conducted a peer review which made reference to a number of shortcomings and omissions in the Feasibility Study (See see ASX release entitled "Frieda River Feasibility Study Review Received", released on 19 January 2017.). GRAM/PanAust then carried out additional work the results of which were released in an Addendum. (See ASX release of 3 March 2017 entitled "Frieda River Feasibility report Addendum (January 2017)". The final BDA report, which is not binding on the parties, concludes that the Feasibility Study and January 2017 Addendum update work together provide a study of a standard that could be provided to lenders for consideration of finance. Highlands Pacific remains of the view that while the Frieda River project is a valuable asset with the potential to generate significant returns for investors, the study still does not meet the standards required by the joint venture agreement and is therefore incomplete in a number of key areas. "We are continuing to work towards a resolution of these matters with PanAust, including an agreement regarding ongoing funding of project development," said Highlands CEO Craig Lennon.
    [Show full text]
  • Greg Anderson P5 Ment P3 P19 Greg Anderson an Industry Stalwart Farewelled
    A NEW G PU U I A N P E A MINING AND PETROLEUM C H Review A M M B U E E R L O O R F T The Chamber is a proud supporter and member MI PE NES AND of the PNG Extractive Industry Transparency Vol 5 Issue 3 & 4 Initiative Multi-stakeholder Group May - August 2017 Q&A with former Cham- MPs briefed on the PNG Frieda River project ber Executive Director resource industry prepares for develop- Greg Anderson P5 ment P3 P19 Greg Anderson An industry stalwart farewelled The founding Executive Director of the PNG Chamber of nior Vice President Mr Peter Aitsi and Vice President Mr Mines and Petroleum Mr Greg Anderson was farewelled Richard Kassman, Chamber members, representatives recently in Port Moresby after clocking over 28 years from the different resource companies, his colleagues, with the organisation. friends and family. Mr Anderson’s retirement from active duty also brings to “His dedication to develop the Chamber into one that a close almost 42 years of dedication and contribution stands tall among other reputable organisations in the towards to the mining and petroleum industry of PNG country must be commended,” Mr Aopi said. since he first arrived in the country in 1975, few months prior to PNG gaining Independence. “Greg ranks highly in this category as someone who has dedicated almost his entire life to the Chamber, the Mr Anderson’s illustrious career began as an Engineer- resource industry and the country he so dearly loved, ing Geologist when he moved to PNG to work with the Papua New Guinea.
    [Show full text]
  • V26n4p159-173
    r9821 ESSIG:GULUBIA Principes, 26(4), 1982, pp. I59-I?3 A Synopsisof the GenusGulubia FRnoeRrcrB. Essrc Department ofBiology, flniuersity ofSouth Flnrida, Tampa, FL 3362O Gulubia is a genus of nine known tandrous genera, petals of the pistillate species in the Areca alliance of palms. flowers have long, tapered tips ihat are The genus is distributed from the Moluc- closed over the stigma at the time the cas in Indonesia to the Palau Islands, New inflorescence opens. Staminate anthesis is Guinea, the Solomon Islands. the New first (though not immediate), with pistillate Hebrides, Fiji, and Australia. All are soli- anthesis following sometime later (details tary, moderate, elegant palms with prom- of timing have not been observed). inent crownshafts and clean tmnks. Two The present account summarizes what species have leaves with essentially straight is known about Gulubia, but is clearlv rachises and pendulous pinnae (Figs. 1- preliminary in nature. Specimens avail- 2), while the remaining species have able for most species are meager and there strongly arched leaves with erect pinnae is much that is not known. A large part (Figs- 3-8). These palms are eminently of the range of the genus has not been suitable for cultivation in the tropics, but adequately explored for palms, so new have not yet been widely planted. They species may come to light in the future, seem to have little economic use, but in just ag two new speciesare described here. New Guinea at least are used for floor- It is hoped that this paper will stimulate boards and sometimes for siding on build- the further exploration that is needed.
    [Show full text]
  • World-Heritage-Sites-Png
    WORLD HERITAGE TENTATIVE LISTED SITES IN PAPUA NEW GUINEA REPORT ON A REVIEW OF THE SITES By Peter Hitchcock and Jennifer Gabriel January 2015 Photo Credit: Rodrick Vana, Oro Province REVIEW OF TENTATIVE WORLD HERITAGE SITES IN PAPUA NEW GUINEA Principal Authors Peter Hitchcock AM OCConsulting (Environment and Heritage) Cairns, Queensland Australia Contacts: P.O. Box 1133 Smithfield (Cairns) 4878 Tel: +61 (0)7 40381118 Mob: 0419 795 841 Email: [email protected] Jennifer Gabriel, B.Soc. Sc. (Hons. 1) PhD Scholar (Anthropology), Research Fellow - The Cairns Institute James Cook University Australia Assisted by Dr Matthew Leavesley FSA Adjunct Lecturer in Archaeology James Cook University Lecturer in Archaeology University of Papua New Guinea Dedication This report is dedicated to the memory of the late Mr. Vagi Renagi Genorupa, Manager, National World Heritage Secretariat, PNG Department of Environment and Conservation (d . 2nd December, 2014). 2 REVIEW OF TENTATIVE WORLD HERITAGE SITES IN PAPUA NEW GUINEA Background The Government of Papua New Guinea advised its acceptance of the World Heritage Convention on Monday, July 28, 1997. In advising it’s acceptance of the Convention, the Government of PNG joined other signatories in committing to, amongst other things, as far as possible to: 1. “adopt a general policy that aims to give the cultural and natural heritage a function in the life of the community and to integrate the protection of that heritage into comprehensive planning programs’; 2. undertake 'appropriate legal, scientific, technical, administrative and financial measures necessary for the identification, protection, conservation, presentation and rehabilitation of this heritage'; 3. refrain from 'any deliberate measures which might damage, directly or indirectly, the cultural and natural heritage' of other Parties to the Convention, and to help other Parties in the identification and protection of their properties.” UNESCO In accordance with Article 11 (1) of the Convention, in 2006 PNG formally nominated seven identified areas for Tentative Listing.
    [Show full text]
  • The Sukundimi Walks Before Me Six Reasons Why the Frieda River Mine Must Be Rejected
    THE SUKUNDIMI WALKS BEFORE ME SIX REASONS WHY THE FRIEDA RIVER MINE MUST BE REJECTED SUMMARY THE FRIEDA RIVER MINE The Frieda River is a tributary of the mighty Sepik River, the longest river in PNG, 1,126 kilometres long. The Sepik winds in serpentine fashion like the Amazon and is renowned for its rich connection to its people and its outstanding biodiversity. The proposed Frieda River mine would be the largest ever mine in Papua New Guinea’s history and among the world’s largest mines. The Sepik – its wild environment, which is rich in biodiversity, and the Sepik people’s vibrant culture - is under threat by the proposed mine. DETAILS ABOUT THE MINE Location: The mine and its associated infrastructure have been proposed to be built across East and West Sepik (or Sandaun) Provinces, in an area that has been Tentatively Listed for World Heritage Status by the Government of Papua New Guinea for both environmental and cultural reasons. Minerals: Gold and copper Size of mine: 1600 square km Project status: Proposed. The mine is currently being assessed by PNG’s environmental authority, Conservation and Environment Protection Authority (CEPA). CEPA could potentially grant the environmental permit needed for the Mineral Resources Authority (MRA) to grant the license to operate. Mine life: 33 years to > 45 years Company: Frieda River Limited. The company is a wholly-owned subsidiary of PanAust Limited, an Australian incorporated company. PanAust is wholly owned by a Chinese state-owned company, Guangdong Rising Assets Management (GRAM). Relevant government actors: Conservation and Environment Protection Authority (CEPA), Department of Environment and Conservation, Mineral Resource Authority Potentially affected population: 400,000 people living in the Sepik region Groups mobilising: Project Sepik, local communities and CELCOR, with the support of Jubilee Australia.
    [Show full text]
  • 1 Bibliography 1. Wabei, T. Kaboils Village, Karkar Island, Madang
    1 Bibliography 1. Wabei, T. Kaboils Village, Karkar Island, Madang Province. Oral History. 1977; 5(6): 18-24. Note: [Kaboils vill Karkar I]. 2. Wacke, K. Formenlehre der Ono-Sprache (Neuguinea). Zeitschrift für Eingeborenen-Sprachen. 1931; 21: 161-208. Note: [mission: Ono]. 3. Waddell, E. Agricultural Evolution in the New Guinea Highlands. Pacific Viewpoint. 1972; 13: 18-29. Note: [fw: Raiapu Enga; from lit: Siane, Aiyura, Grand Valley Dani, Kapauku, Chimbu]. 4. Waddell, E. W. The Dynamics of a New Guinea Highlands Agricultural System [Ph.D. Dissertation]. Canberra: Australian National University; 1968. xviii, 355 pp. Note: [fw January 1966 - February 1967 (13 mos): Sabakamada Raiapu Enga]. 5. Waddell, E. W.; Krinks, P. A. The Organisation of Production and Distribution among the Orokaiva. Canberra: Australian National University, New Guinea Research Unit; 1968. xxii, 332 pp. (New Guinea Research Bulletins; v. 24). Note: [fw 1964-1965: Inonda, Sivepe vills Orokaiva]. 6. Waddell, Eric. Frost Over Niugini: A Retrospect on Bungled Relief. New Guinea and Australia, the Pacific and South-East Asia. 1974; 8(4): 39-49. Note: [fw 1972: Enga]. 7. Waddell, Eric. How the Enga Cope with Frost: Responses to Climatic Perturbations in the Central Highlands of New Guinea. Human Ecology. 1975; 3: 249-273. Note: [fw: Marient, Lae, Wage Vs, Kandep]. 8. Waddell, Eric. How the Enga Cope with Frost: Responses to Climatic Perturbations in the Central Highlands of New Guinea. The Ecologist. 1976; 6: 284-292. Note: [fw: Marient, Lae, Wage Vs, Kandep]. 9. Waddell, Eric. The Mound Builders: Agricultural Practices, Environment, and Society in the Central Highlands of New Guinea.
    [Show full text]
  • Frieda River Copper Gold Project – New Partner, New Vision
    1 November 2013 Frieda River Copper Gold Project – New Partner, New Vision Highlands Pacific Limited today announces a new joint venture partnership for the Frieda River Copper Gold Project in Papua New Guinea which will see Glencore Xstrata plc (Glencore) exit the project and PanAust Limited (ASX:PNA) emerge as an 80% partner with a new vision to develop Frieda. PanAust will take up to a A$10 million placement in Highlands and will also relinquish any claw back rights regarding Exploration Licence EL 1312 in the Star Mountains. Details of the Frieda transaction and a Share Placement Agreement between PanAust and Highlands Pacific are outlined below and in PanAust’s ASX announcement released today. Frieda River Joint Venture PanAust has entered into a share sale agreement with Glencore under which PanAust will acquire Glencore’s interest in the Frieda River joint venture by acquiring all of the shares held by Glencore in Xstrata Frieda River Limited (XFRL). PanAust and Highlands Frieda Limited (Highlands Frieda) have agreed that the two parties will hold interests of 80% and 20% respectively in the Frieda River joint venture on completion of PanAust’s acquisition of the shares in XFRL and that any previous disagreement between XFRL and Highlands Frieda relating to earn‐in percentages in the Frieda River joint venture will be settled upon completion. The terms of Highlands’ agreement with PanAust provide that should the Government of PNG elect to take up its right under PNG Law to 30% of the project, PanAust (XFRL) will sell down the first 20% of its joint venture interest and thereafter the parties will sell down in equal amounts.
    [Show full text]
  • Languages of the Upper Sepik and Central New Guinea
    LANGUAGES OF THE UPPER SEPIK AND CENTRAL NEW GUINEA Report prepared by Martin Steer September 2005 Edits and Appendix 9.2 by B. Craig 2011 1 CONTENTS 1. Introduction 5 1.1 Overview 5 1.2 Methods of comparison 6 1.3 Structure of the report 9 2. Amto-Musian Family: Amto 10 3. Border Stock, Waris Family: Amanab and Waina 11 4. Kwomtari Stock: Baibai, Biaka and Kwomtari 15 5. Senagi Family: Anggor 18 6. Sepik Phylum 24 6.1 Abau 24 6.2 Yellow River Family: Ak, Awun, Namie 26 7. Trans New Guinea Phylum 28 7.1 The Mountain Ok family 28 7.2 The Mountain Ok languages 31 7.3 Lexical comparisons 34 7.4 Phonology and morphology 36 7.5 Discussion 38 7.6 Oksapmin 39 8. Isolates/Ungrouped 40 8.1 Busa 40 8.2 Yuri/Karkar 41 8.3 Nagatman/Yale 42 9. Appendices 44 9.1 Percentages of Cognates - Amanab sub-district and Upper Serpik 44 9.2 Data relating to Tifal and Faiwol language boundaries (by B.Craig) 45 10. Bibliography 53 2 List of Tables 1. Languages of the study area 5 2. Populkation of the study area 6 3. Relatedness of languages 8 4. A scale of relatedness 9 5. Codification of relationships 10 6. Amto 10 7. Amanab and Waina 11 8. Some Waris pronouns 12 9. Baibai, Biaka and Kwomtari 16 10. Some Kwomtari pronouns 17 11. Anggor 18 12. Dera versus languages to the north and west 20 13. pTNG and Dera 22 14. Anggor villages and dialects 23 15.
    [Show full text]
  • Frieda River Limited Sepik Development Project Environmental Impact Statement Chapter 1 – Introduction
    Frieda River Limited Sepik Development Project Environmental Impact Statement Chapter 1 – Introduction SDP-6-G-00-01-T-084-003 Environmental Impact Statement Sepik Development Project 1. INTRODUCTION 1.1 Project Overview Frieda River Limited (FRL) is assessing the feasibility of the Sepik Development Project (the Project) in northwest Papua New Guinea (PNG). The Project is underpinned by two commercial projects: the Frieda River Copper-Gold Project (FRCGP) and the Frieda River Hydroelectric Project (FRHEP). These are supported by the Sepik Power Grid Project (SPGP) and the Sepik Infrastructure Project (SIP). The Project is potentially nation building and is expected to provide regional benefits to PNG by supporting its Development Strategic Plan 2010-2030. The four key elements of the Sepik Development Project are located in the Sandaun and East Sepik provinces and comprise: • Frieda River Copper-Gold Project. • Frieda River Hydroelectric Project. • Sepik Infrastructure Project. • Sepik Power Grid Project. FRL will operate the FRCGP on behalf of the Frieda River Joint Venture. It is anticipated that third-party entities may own and operate the remaining project elements at some stage during the life of the Project. Coffey has prepared this Environmental Impact Statement (EIS) on behalf of FRL as the statutory basis for the environmental assessment of the Project. The EIS is aimed at supporting a decision for the granting of environment permits for the FRCGP, FRHEP, SIP and SPGP. Figure 1.1 shows the components of the Sepik Development Project that are being assessed in this EIS. 1.1.1 The Frieda River Copper-Gold Project The FRCGP mine area is located in the northern foothills of the Central Range of the New Guinea Highlands in Sandaun Province.
    [Show full text]