· Indonesia has been recognized as one of the top ten producers in the world for copper, gold, nickel and tin. World class active mining companies operating in Indonesia include Freeport, Newmont, Inco, Antam, Timah and Koba Tin. Mining is a significant contributors to Indonesian economy, although also a contribution to environmental hazard.
· Newmont Mining said that it would sell its stake in an Indonesian copper and gold mine for 920 million and contingent payments of up to 403 million.
· US mining giant Newmont has reached a tentative agreement with the Indonesian government that should allow it to resume exports after they were halted due to controversial restrictions on mineral shipments, reports said Wednesday. The company stopped exporting copper from its huge Batu Hijau mine in central Indonesia in January when Southeast Asia's top economy introduced the .
· Indonesia plans to soon send a letter to Newmont saying that the company has defaulted on its contract, said Sukhyar, director general of coal and minerals at the mining ministry.
· Newmont Mining declared force majeure in Indonesia amid a dispute over export taxes, an unusual move that allows the company to back out of .
· US bullion miner Newmont Mining has reached an agreement with the government of Indonesia to extend the cutoff date for the government to buy a stake in Newmont's Batu Hijau mine, CEO Richard O ...
· JAKARTA mining company Newmont Mining and Japan's Sumitomo Corp. will divest all their shares in the Batu Hijau copper and gold mine in Indonesia's West Nusa Tenggara Province, leaving a ...
· Newmont's Indonesia mine averaged more than four tons of mercury in the air annually, about equal to the largest similar emission at an American mine in Nevada in the late 1990's, he said.
· 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 billion for Newmont's percent economic interest in .
· · The Indonesian government and Newmont Nusa Tenggara have reportedly agreed on the content of a renegotiation package after an eightmonth dispute over the mineral ore export ban. Newmont Nusa Tenggara (NNT), subsidiary of the USAbased Newmont Mining Corporation, will be allowed to resume copper concentrate exports up to 200,000 tons (with a value of about USD 400 .
Mining and Development in Indonesia International Mining ... In July 2014, Newmont Mining Corporation brought a case against Indonesia using the Indonesia ... with Freeport on other issues: they agreed on only selling. Get Price; The Future of the Indonesian Mining Industry ... Issues on Sustainable Mining. • Current situation of ...
· Escalating taxes on metal concentrates in Indonesia which prompted Newmont Mining to cease operations at the Batu Hijau copper mine will be subject of an international arbitration panel, a .
· · When Indonesia's new President Susilo Bambang Yudhoyono meets with Prime Minister Howard and other government officials next week, the case of Australian Phil Turner and his six Newmont Mining company colleagues is likely to get an airing.. Mr Turner and his colleagues have been incarcerated by the Indonesian authorities over allegations that Newmont has polluted .
· Indonesian Energy and Mineral Resources Minister Jero Wacik opened the possibility for Newmont Nusa Tenggara, subsidiary of USbased gold mining giant Newmont Mining Corporation, to resume exports of ore concentrates, provided that Newmont Nusa Tenggara shows its commitment to establish a smelter in Indonesia as in accordance with the new and controversial 2009 Mining Law.
Newmont Mining has entered an agreement to sell its interests in PT Newmont Nusa Tenggara (PTNNT), which operates Indonesia's Batu Hijau copper and gold mine.
· The Global Costs of Mining Newmont Cleared in IndonesiaBy Richard Martin, 42407 A judge in Indonesia today cleared Denverbased Newmont Mining Corp. and its local chief, Richard Ness, of polluting a bay by dumping dangerous levels of toxic mine tailings into the ocean. The case has drawn international attention as an examination of the global mining industry, with Newmont as its .
· Newmont Mining Corp., the largest bullion producer, agreed to sell its Indonesian copper and gold assets for billion to a local consortium, as the country pushes miners to .
· Gold and copper miner says selling its stake is aligned with priorities to lower debt, fund highest margin projects. The WSJ reports, the gold producer Newmont Mining Corp. said Thursday that it would sell its % economic interest in the operator of the Batu Hijau copper and gold mine in Indonesia to local company PT Amman Mineral Internasional for billion.
· Coloradobased Newmont and Sumitomo operate the Batu Hijau copper and gold mine on the island of Sumbawa in Western Indonesia. The mine one of Indonesia's largest copper deposits .