Indonesia increased pressure on Newmont Mining (NYSE:NEM) over a six-month old dispute that has halted copper exports, demanding the US miner to withdraw an international arbitration request filed ...

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 …

Newmont Mining (NYSE:NEM) said Thursday is selling its 48.5% stake in PT Newmont Nusa Tenggara, the operator of its Batu …

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 …

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 Corp (NYSE:NEM) has called off its arbitration filing with the Indonesian government, signifying a resolution to the seven-month dispute is near. …

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 …

Rachmat Makkasau, the president-director of Newmont's Indonesian unit, PT Newmont Nusa Tenggara ('PTNNT'), in which Newmont Mining Corporation has 31.5% interest, said that the miner expects to ...

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. …

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 ...

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, …

After one month, Newmont withdrew its case against Indonesia but only after it had reached an agreement with the Indonesian government, giving the mining company …

Previously, he served as Executive Vice President and Chief Operating Officer since May 2016. Mr. Palmer was elected Senior Vice President, Asia Pacific in February 2015 after serving as Senior Vice President, Indonesia since March 2014. Prior to joining Newmont, he was the Chief Operating Officer, Pilbara Mines at Rio Tinto Iron Ore.

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.

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.

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.

From gold mine to botanical garden. After planting hundreds of thousands of trees on a former gold mine site, we turned over 1,095 acres (433 ha) of land to the government of Indonesia. Today, the area is a thriving forest and the future site of a botanical garden. ... Newmont entered into an agreement with the U.S. Department of the Interior ...

Together, NNT and Freeport Indonesia account for 97 percent of Indonesia's copper production. NNT is for 56 percent owned by the US-based Newmont Mining Corporation and Japan's Nusa Tenggara Mining Corporation. In line with the new mining law, seven percent will need to be divested to an Indonesian stakeholder …

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 ...

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 …

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 …

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 …

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 …

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 ...

Newmont's operations in Indonesia account for 6 percent of its worldwide gold sales and 8.5 percent of its reserves, according to the company's Web site. ... which has been mining in Indonesia for ...

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."

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 ...

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 ...

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 …

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.