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 government over export restrictions. The closure of the Batu Hijau mine will put approximately 3,200 employees on leave with reduced pay starting on June 6. "Despite …

Newmont is the only gold producer listed in the S&P 500 Index and was named the mining industry leader by the Dow Jones Sustainability World Index in 2015 and 2016.

Newmont Mining even filed an international arbitration against the Government of Indonesia regarding this case in July of 2014, but withdrew it at the end of August 2014. I suspect that the ...

JAKARTA —. Newmont Mining Corp telah mencapai perjanjian tentatif dengan pemerintah Indonesia mengenai negosiasi-negosiasi kontrak, menurut CEO unit lokal perusahaan tersebut, di saat kedua pihak semakin dekat dalam mengakhiri sengketa pajak selama delapan bulan terakhir yang telah menghentikan ekspor-ekspor tembaga.

After intensive lobbying and pressure from large mining companies, the Indonesian government agreed to amend the regulations for Freeport and Newmont and postpone obligations to build mineral …

Headquartered in Denver, Colorado, the company employs approximately 14,000 people, the majority of whom work at Newmont's core operations in the United States, Australia, Peru, Indonesia, and Ghana. Newmont is also the only gold company listed in the S&P 500 index.

Newmont Mining Corp. is going to sell its interest in PT Newmont NUSA Tenggara because the Indonesian government banned raw ore shipments in January 2014 and put a progressive tax on concentrates ...

DENVER, Sept 22, 2009 /PRNewswire-FirstCall via COMTEX News Network/ - Newmont Mining Corporation (NYSE: NEM) reports that on September 18 and 19, 2009, its affiliate PT Newmont Nusa Tenggara ("PTNNT") experienced a geotechnical failure in the west wall of the Batu Hijau open-pit mine in Indonesia. PTNNT has temporarily suspended …

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 ...

Batu Hijau copper-gold mine is located on the Indonesian island of Sumbawa in the province of West Nusa Tenggara, 1,530km east of Jakarta. The Contract of Work for the project is held by PT Newmont Nusa Tenggara (PTNNT), a company owned by Newmont Indonesia (US, 35.44%); Nusa Tenggara Mining Corporation (Japan, …

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 …

PT Amman Mineral International Tbk (AMMAN) is the second-largest copper-and-gold mining company in Indonesia, operating the Batu Hijau mine on the island of Sumbawa. In all aspects of business and operations, AMMAN adheres to international standards of corporate governance, sustainability, and environmental responsibility.

Newmont holds a 45% stake in PT Newmont Nusa Tenggara, while Japan's Sumitomo holds an additional 35% and Indonesia-based PT Pukuafu Indah owns the remaining 20% stake. Since 2013, Newmont has generated $1.9bn in proceeds from the sale of non-core assets and lowered net debt by 37%.

DENVER -- (BUSINESS WIRE)-- Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) successfully completed the sale of its ownership stake …

Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) successfully completed the sale of its ownership stake in PT Newmont Nusa Tenggara (PTNNT), which operates the Batu Hijau copper and gold mine in Indonesia, to PT Amman Mineral Internasional (PTAMI). The asset's name now changes to PT Amman …

Batu Hijau copper-gold mine is located on the Indonesian island of Sumbawa in the province of West Nusa Tenggara, 1,530km east of Jakarta. The Contract of Work for the project is held by PT Newmont Nusa Tenggara (PTNNT), a company owned by Newmont Indonesia (US, 35.44%); Nusa Tenggara Mining Corporation (Japan, …

The case of Newmont Mining vs Indonesia is a powerful example of how investment agreements, particularly Bilateral Investment Treaties (BITs), are used by companies to get exemptions from government regulations and legislation, undermining democracy and development. It also illustrates the long-term dangers of governments signing investment ...

`Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (Newmont or the Company) today announced fourth quarter and full year 2023 results, as well as its 2024 outlook. "2023 was a transformational year for Newmont, and for all of our stakeholders," said Tom Palmer, Newmont's President and Chief Executive Officer. …

NEM to sell its 48.5%, interests in PT Newmont Nusa Tenggara, which operates the Batu Hijau copper and gold mine in Indonesia.

Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) successfully completed the sale of its ownership stake in PT Newmont Nusa Tenggara (PTNNT), …

Netherlands – Indonesia Bilateral Investment Treaty rolls back implementation of new Indonesian mining law 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,

Newmont Mining (NYSE:NEM) said Thursday is selling its 48.5% stake in PT Newmont Nusa Tenggara, the operator of its Batu Hijau copper and gold mine in Indonesia, for $1.3 billion to PT Amman ...

Newmont Mining Corp. has been authorized by the Indonesian government to export up to about 419K metric tons of copper concentrate from its Batu Hijau mine. …

Reserves and Resources. Our diverse, global portfolio of operations and projects delivers steady production for at least the next decade, leading the industry with approximately six million gold ounces per year. Find out more about …

Doris, Musselwhite Mine "At Newmont there are lots of expertise and specialties that get involved in our day to day mining activities. It is great to get chance to work collaboratively with colleagues from different backgrounds to brainstorm solutions and figure-out ideas on how to resolve issues, manage risk and continuously improve processes."

Indonesian Group is going to prepare $2 billion Newmont Mine Bid. I wonder if this bid can be considered satisfying.

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 is the only gold producer listed in the S ...

By Eveline Danubrata. JAKARTA, May 19 (Reuters) - A unit of U.S. mining giant Newmont Mining Corp has asked a Jakarta court to deny a request to freeze a stake in an Indonesian copper and gold ...

An Indonesian group is preparing a bid for PT Newmont NUSA Tenggara, the company that owns BATU Hijau, the second-biggest copper and gold mine in Indonesia: Batu Hijau is a porphyry copper deposit ...

Newmont Mining Corp (NYSE:NEM) has called off its arbitration filing with the Indonesian government, signifying a resolution to the seven-month dispute is near.. Company officials confirmed on Tuesday the US-based miner had reached a "constructive solution" over Indonesia's new mining laws.