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Newmont Mining & Law No. 4/2009 on Mineral and Coal Newmont is one of the world's biggest mining companies, producing mainly gold. Headquartered in the United States, Newmont is active in Australia, Peru, Indonesia, Ghana, New Zealand and Mexico. Its entity in Indonesia is Newmont Nusa Tenggara; its majority shareholder is
Newmont Mining Corp. has announced it is officially suspending operations at its Indonesian gold and copper mine because it had failed to reach a compromise with the …
Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) has entered into a binding share sale and purchase agreement with PT Amman Mineral Internasional (PT AMI) to sell its interests in PT Newmont Nusa Tenggara (PTNNT), which operates the Batu Hijau copper and gold mine in Indonesia . The total consideration is $1.3 billion for …
Newmont, which currently smelts less than a quarter of its ore domestically, has also warned it may have to halt operations at its Batu Hijau mine, which it operates in partnership with Japan's ...
Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) successfully completed the sale of its ownership stake in PT Newmont Nusa Tenggara …
Newmont Mining Corp. (NYSE:NEM) halted Thursday operations at its Indonesian gold and copper mine and will put 3,200 workers on leave with reduced pay from Friday, after it failed to reach a ...
DENVER, February 25, 2008 – Newmont Mining Corporation (NYSE: NEM) today announced that it had requested and received an extension of the Government-imposed deadline to complete agreements in principle to divest 10% of PT Newmont Nusa Tenggara (PTNNT), owner of the Batu Hijau mine in Indonesia. The government extended the deadline until March 3, 2008. If …
DENVER, Sept 16 (Reuters) - Newmont Mining Corp expects its idled Batu Hijau copper mine and mill in Indonesia to be fully operational six-to-eight weeks after it receives a promised export permit ...
Newmont Mining has announced the suspension of operations at its Batu Hijau mines in Indonesia. This follows the halt in production and processing of copper concentrate at its Indonesian ...
This means we may conduct business in or near a community for decades, and even generations. Throughout that time, Newmont's core values – safety, integrity, sustainability, responsibility and inclusion – give guidance to the actions of our employees and partners to ensure that we create value and improve lives through sustainable and ...
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In June, Newmont Mining suspended operations at its Batu Hijau mine, declaring force majeure after an agreement over the controversial export tax could not be made. The company filed for arbitration in July. The …
Newmont Mining Corp's sale of its stake in the Batu Hijau mine in Indonesia may not close until the fourth quarter of the year, Chief Executive Gary Goldberg said on Monday, adding that the ...
Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or The Company) and Kirkland Lake Gold Ltd. (NYSE: KL, TSX: KL, ASK: KLA) (Kirkland Lake Gold or Kirkland) have signed a Strategic Alliance Agreement to jointly assess regional exploration opportunities around Newmont's Timmins properties and Kirkland's Holt Complex in Ontario, Canada. As …
"The expansion project continues this trajectory, offering robust returns of more than 35% at current gold prices." Newmont plans to fund capital investment of between $100m and $120m by way of free cash-flow and by using available cash balances.
US mining group Newmont has halted operations at its Indonesian gold and copper mine and will put 3,200 workers on leave with reduced pay from Friday, after it failed to …
About Newmont. Newmont is the world's leading gold company and a producer of copper, silver, zinc and lead. The Company's world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea.
Newmont Mining Corp said it will be forced to cut production at its Batu Hijau copper and gold mine in Indonesia from around June 1, if talks with the government remain unresolved over export ...
The Batu Hijau copper and gold mine, on the island of Sumbawa Barat, began its operations in 2000. Newmont had forecasted copper concentrate output for 2014 at 110,000 …
Indonesia has also threatened to sue Newmont over breach of contract. The tax on exports is part of Indonesia's effort to force miners to build smelters and processing plants in the area. Freeport and Newmont have previously argued the two companies should be excused from the tax as they account for 97 percent of Indonesia's copper output.
Newmont Mining has filed an international arbitration over export restrictions in Indonesia following the company's force majeure in June.. Newmont, which has suspended all operations at its Batu Hijau copper mine …
Newmont Mining Corporation (NYSE: NEM) ("Newmont" or "the Company") has signed a non-binding letter of intent with OceanaGold Corporation (TSX/ASX/NZX: OGC) ("OceanaGold") to sell Newmont Waihi Gold Limited . Terms of sale include cash proceeds of US$101 million, a US$5 million contingent payment, and a one percent Net Smelter Royalty …
US miner Freeport-McMoRan Copper & Gold Inc. has agreed on a Memorandum of Understanding (MoU) with the Indonesian government over its contract renegotiations, a major step in resuming copper exports from the country.. The dispute between Freeport and Indonesia began when the country introduced a new export tax on Jan.12. The new tax is part of the …
DENVER, Feb. 16 — Newmont Mining Corporation (NYSE: NEM) announced today that its Indonesian subsidiary, PT Newmont Minahasa Raya (PTNMR), and the Government of the Republic of Indonesia signed a scientific monitoring agreement as part of an effort to resolve the longstanding Buyat Bay controversy. The agreement also provides for enhanced community …
Newmont Mining may half Indonesia operations. MINING Staff Writer | October 11, 2013 | 11:16 pm . Sign Up for the Mining News Digest. Sign Up. Share
Mining giant Newmont suspended processing operations at its Telfer gold operation in WA yesterday after cracking was detected at a tailings dam.
DENVER, Feb. 16 — Newmont Mining Corporation (NYSE: NEM) announced today that its Indonesian subsidiary, PT Newmont Minahasa Raya (PTNMR), and the Government of the …
Newmont's Global Presence. When mine promoter and financier Colonel William Boyce Thompson decided to create a company in 1916 to handle his larger private acquisitions – including oil and gas and mining interests – he named it the Newmont Company after his business success in New York and his home state of Montana.
Australia Operations. Newmont began operating in Australia in 2002 with the acquisition of Normandy Mining. Our presence Australia is comprised of Boddington and Tanami. ... Tanami – AU; Sustainability Report. We are committed to mining sustainably while creating value for our stakeholders to improve lives. Sustainability Report. Local ...
Newmont Mining Corporation NYSE: NEM, yang berbasis di Denver, Colorado, Amerika Serikat, adalah perusahaan produsen emas kedua terbesar dunia, dengan tambang-tambang yang aktif di Kanada, Bolivia, Australia, Indonesia, Selandia Baru, Turki, Peru dan Uzbekistan.Perusahaan-perusahaan miliknya termasuk Battle Mountain Gold, Normandy …
