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newmont agrees to sell indonesian gold mine

US gold major Newmont Mining has agreed to sell its stake in the Batu Hijau copper/gold mine in Indonesia, citing its strategic priorities to lower debt and fund its highest margin projects. The

Newmont Mining Corp. said Thursday that it would sell its stake in an Indonesian copper and gold mine for $920 million and contingent payments of up to $403 million. Newmont is selling its 48.5%

U.S. gold mining major Newmont Mining Corp. said Thursday that it would sell its 48.5% economic interest in PT Newmont Nusa Tenggara, the operator of the open pit Batu Hijau copper and gold mine

Newmont Mining Corporation NYSE: NEM Newmont orpany 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.

Apr 30, 2015The Waihi mine, about 150 km 94 miles southeast of Auckland, produced about 132,000 ounces of gold in 2014, and will fit well with OceanaGold's other mines in New Zealand.

Again a big western mining company plans to exit Indonesia. US based Newmont Mining Corp reportedly agreed to sell its 48.5 percent stake in copper and gold miner Newmont Nusa Tenggara the operator of the Batu Hijau mine for USD $1.3 billion including contingent payment of

The agreement is for the sale of Newmont's interest in PT Newmont Nusa Tenggara PTNNT, which operates the Batu Hijau copper and gold mine in Indonesia. Newmont will sell its 48.5% stake in

London 30/06/2016 Newmont has agreed to sell its Batu Hijau copper and gold mine via its interest in Indonesian subsidiary PT Newmont for up $1.3 billion to Indonesian bank backed company PT Amman Mineral Internasional PT AMI, the US miner said.

Newmont Mining owns the other half and Barrick handed over operational control of the the iconic mine called the Super Pit to Denver based Newmont a year ago. The mine some 600km east of Perth has

Newmont agreed on June 30 to sell its 48.5 percent economic interest in its Indonesia operations to a local investor group for up to $1.3 billion.

The Denver, Colorado based miner has agreed to sell its 48.5% stake in PT Newmont Nusa Tenggara PTNNT for $1.3 billion to PT Amman Mineral Internasional PT AMI. According to Newmont, Nusa Tenggara Mining Corporation, majority owned by Sumitomo Corporation, had also agreed to sell its ownership stake to PT AMI.

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

The investment also covers three other exploration assets in the district, Newmont said. Continental also reported that RK Mine Finance Master Fund I Ltd., or Red Kite, has also agreed to purchase 8.59 million common shares at a price of C$4 each for a total investment of $25 million. This will give Red Kite a 4.6% stake in Continental.

Newmont Mining agrees to sell Waihi gold mine in New Zealand. By . Staff writer. Apr 30, 2015, 1:46PM Operations Newmont Mining. Newmont Mining agrees to sell Waihi gold mine in New Zealand. By . Staff writer . Apr 30, 2015, 1:46PM Colorado based Newmont Mining Corporation has signed a non binding letter of intent to sell its Read more.

Bloomberg Newmont Mining Corp., the largest U.S. bullion producer, agreed to sell its Indonesian copper and gold assets for $1.3 billion as the country pushes miners to build smelters rather than exporting raw materials.

Newmont is a leading gold and copper producer.panys operations are primarily in the United States, Australia, Ghana, Peru, Indonesia and Suriname.

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 Mining to Sell Indonesian Mine for $1.3 Billion WSJ. Jun 30, 2016 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

Apr 30, 2015April 29 Reuters Newmont Mining Corp said on Wednesday it has tentatively agreed to sell its Waihi gold mining operation in New Zealand to OceanaGold Corp for

Newmont Mining Corporation, based in Greenwood Village, Colorado, USA, is a mining company that traces its roots to the diversified holding company William Boyce Thompson established in 1916. Incorporated in 1921, it has active gold mines in Nevada , Australia , Ghana , Peru , and Suriname .

DENVER Newmont Mining Corporation has entered into a binding share sale and purchase agreement with PT Amman Mineral Internasional to sell its interests in PT Newmont

Jun 30, 2016Newmont Mining Corp., the largest U.S. bullion producer, agreed to sell its Indonesian copper and gold assets for $1.3 billion to a local consortium, as the country pushes miners to build smelters

Newmont Mining Corporation has entered into a binding share sale and purchase agreement with PT Amman Mineral Internasional AMI to sell its 48.5% interest in PT Newmont Nusa Tenggara NNT, which operates the Batu Hijau copper and gold mine in Indonesia.

newmont mining: $1.3b deal to sell indonesian mine Jakarta , Jun 30 Nusa Tenggara Mining Corp, majority owned by Sumitomo Corporation, has also agreed to sell its ownership stake to PT AMI.

U.S. gold mining major Newmont Mining Corp. said Thursday that it would sell its 48.5% economic interest in PT Newmont Nusa Tenggara, the operator of the open pit Batu Hijau copper and gold mine in Indonesia, to local company PT Amman Mineral Internasional for $1.3 billion.

U.S. gold mining major Newmont Mining Corp. said Thursday that it would sell its 48.5% economic interest in PT Newmont Nusa Tenggara, the operator of the open pit Batu Hijau copper and gold mine in Indonesia, to local company PT Amman Mineral Internasional for $1.3 billion.

Home Business Newmonts Interest in PTNNT Indonesia Sold For $1.3bn. which operates the Batu Hijau copper and gold mine in Indonesia. has also agreed to sell its ownership stake to PT AMI.

Newmont Mining entered a non binding agreement to sell its Waihi gold mine Operation In New Zealand To OceanaGold for a total of $106 million and a 1% NSR. This sale is a surprise and I

Nusa Tenggara Mining Corp, majority owned by Sumitomo Corporation, has also agreed to sell its ownership stake to PT AMI.President CEO Gary Goldberg says the sale, expected to close in the Sept qtr, fits Newmont's strategy to lower debt and fund its highest margin projects but the company has had many disputes with the Indonesian govt over the

Newmont Mining Corporation, based in Greenwood Village, Colorado, USA, is a mining company that traces its roots to the diversified holding company William Boyce Thompson established in 1916. Incorporated in 1921, it has active gold mines in Nevada , Australia , Ghana , Peru , and Suriname .

The case of Newmont Mining vs Indonesia. Netherlands Indonesia BIT rolls back implementation of new Indonesian mining law Newmont Mining Law No. 4 2009 on Mineral and Coal. they agreed on only selling 30% of the shares to the government and paying an export tax of 7.5% instead of 25%, which will be zero once a smelter is completed.

Newmont Mining Corp. NYSE: NEM has agreed to sell its 48.5% interest in PT Newmont Nusa Tenggara PTNNT, which operates the Batu Hijau copper and gold mine in Indonesia, to PT Amman Mineral Internasional for $1.3 billion, Newmont reported Thursday.

Nusa Tenggara Mining Corp., the majority owned by Japans Sumitomo Corp., has also agreed to sell its ownership to PT Amman. Newmont and Sumitomo operate the Batu Hijau copper and gold mine on the island of Sumbawa in Western Indonesia.

30 Juni 2016. Again a big western mining company plans to exit Indonesia. US based Newmont Mining Corp reportedly agreed to sell its 48.5 percent stake in copper and gold miner Newmont Nusa Tenggara the operator of the Batu Hijau mine for USD $1.3 billion including contingent payment of up to USD $403 million.

Newmont Mining Corporation has entered into a binding share sale and purchase agreement with PT Amman Mineral Internasional AMI to sell its 48.5% interest in PT Newmont Nusa Tenggara NNT, which operates the Batu Hijau copper and gold mine in Indonesia.

Newmont Agrees To Sell Indonesian Gold Mine For , Newmont Mining Corp NYSE: NEM has agreed to sell its 485% interest in PT Newmont Nusa Tenggara PTNNT, which operates the Batu Hijau copper and gold mine in Indonesia, to PT Amman Mineral Internasional for $13 billion, Newmont

Newmont Mining NYSE: NEM agrees to sell its stake in the Batu Hijau copper and gold mine in Indonesia for $1.3B. The sale of 48.5% economic interest is for Newmont's stakes in PTNNT, which

Newmont in June agreed to sell its 48.5 per cent economic interest in the local unit that runs the mine, Newmont Nusa Tenggara, to a group of local investors

US gold major Newmont Mining has agreed to sell its stake in the Batu Hijau copper/gold mine in Indonesia, citing its strategic priorities to lower debt and fund its highest margin projects.

Mar 02, 2008Under its contract of work, PT Newmont Nusa Tenggara which operates the Batu Hijau copper and gold mine in Sumbawa, eastern Indonesia, must sell

US gold major Newmont Mining has agreed to sell its stake in the Batu Hijau copper/gold mine in Indonesia, citing its strategic priorities to lower debt and fund its highest margin projects. The

Newmont Mining Corporation NYSE: NEM Newmont orpany 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 latter brought Newmont two mines in Ghana and made the company for a time the world's largest gold miner. Environmental and Human Rights Record. Newmont's main business, gold mining and processing, is one of the most environmentally destruction industries on earth.

Colorado based Newmont Mining Corporation has signed a non binding letter of intent to sell its Waihi gold mining operation in New Zealand to Oceana Gold Corporation for $101 million. Terms of the sale also include a $5 million contingent payment as well as a one percent net smelter royalty on a recent discovery north of Waihis current operation.

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 worlds biggest mining companies, producing mainly gold. Headquartered in the United States, Newmont is active in Australia, Peru, Indonesia,

The agreement is for the sale of Newmonts interest in PT Newmont Nusa Tenggara PTNNT, which operates the Batu Hijau copper and gold mine in Indonesia. Newmont will sell its 48.5% stake in

Newmont Mining Corporation NEM and PT Amman Mineral Internasional PT AMI have entered into a binding share sale and purchase agreement.The agreement is for the sale of Newmonts interest in PT Newmont Nusa Tenggara PTNNT, which operates the Batu Hijau copper and gold mine in Indonesia.

Newmont Mining Corporation has entered into a binding share sale and purchase agreement with PT Amman Mineral Internasional AMI to sell its 48.5% interest in PT Newmont Nusa Tenggara NNT, which operates the Batu Hijau copper and gold mine in Indonesia.

Home Business Newmonts Interest in PTNNT Indonesia Sold For $1.3bn. which operates the Batu Hijau copper and gold mine in Indonesia. has also agreed to sell its ownership stake to PT AMI.

Colorado based Newmont Mining Corporation has signed a non binding letter of intent to sell its Waihi gold mining operation in New Zealand to Oceana Gold Corporation for $101 million. Terms of the sale also include a $5 million contingent payment as well as a one percent net smelter royalty on a recent discovery north of Waihis current operation.

 
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