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Newmont Mining. by Philip Mattera. Newmont Mining is one of the world's largest gold mining companies and also one of the most controversial. Accusations of environmental and human rights abuses at its operations in countries such as Peru, Indonesia and Ghana have made the company a frequent target of corporate accountability campaigns for more than a …
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Reportedly, Newmont Nusa Tenggara (NNT) will not seek international arbitration at the Centre for Settlement of Investment Disputes (ICSID) in Washington (USA). Previously, the miner threatened to file for arbitration in an attempt to force the Indonesian government to cancel the recently introduced ban on exports of unprocessed minerals as well as to abort higher …
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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 reach a …
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Netherlands – Indonesia BIT rolls back implementation of new Indonesian mining law. 12 November 2014. Policy briefing. The case of …
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Newmont Mining (NYSE:NEM) made it clear last week that its problems with the Indonesian government were pressing: CEO Gary Goldberg said the company might curtail operations if the issue over a ...
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DENVER--(Antara/BUSINESS WIRE)-- 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.
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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 …
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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 …
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Newmont is the world's third largest gold producer, supplying roughly 30% of its Indonesian copper concentrate output to the country's only copper smelter, PT Smelting at Gresik.
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In July 2014, Newmont Mining Corporation brought a case against Indonesia using the Indonesia-Netherlands BIT at the International Centre for the Settlement of Investment Disputes (ICSID). 1 In making the legal claim, the mining giant argued that the Indonesian Government's plans to implement a ban on unprocessed mineral exports would violate the …
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Batu Hijau Mining Project, Indonesia Narrative Report Executive Summary Batu Hijau is the second biggest copper producer in Indonesia, operated by Newmont Mining under a 4th Indonesia's Generation Contract of Work. Discovered in 1990, commercial production began in late 1999. By 2015, Batu Hijau had produced 7.3 billion pounds of copper and
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Newmont's Indonesian gold mine to become a botanical garden Aside January 16, 2015 bradkerin Leave a comment Mining companies are the scapegoats of many eco-warriors and sustainability supporters, but Newmont …
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Client's Challenge. P. T. Newmont Nusa Tenggara (PTNNT) is an Indonesian company 80 percent owned by a partnership of Newmont and Sumitomo Corporation of Japan. P. T. Pukuafu Indah, a local mining company …
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Newmont Nusa Tenggara, subsidiary of the US-based Newmont Mining Corp, is to team up with Freeport Indonesia to establish a USD $2.3 billion smelter in Gresik (East Java) with a total installed capacity to process two million tons of concentrate per year. Based on a memorandum of understanding (MoU) between both miners, NNT is set to contribute USD $3 …
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The Indonesian government and Newmont Nusa Tenggara have reportedly agreed on the content of a renegotiation package after an eight-month dispute over the mineral ore export ban. Newmont Nusa Tenggara (NNT), subsidiary of the USA-based Newmont Mining Corporation, will be allowed to resume copper concentrate exports up to 200,000 tons (with a value of …
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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's 48.5 …
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Indonesian Energy and Mineral Resources Minister Jero Wacik opened the possibility for Newmont Nusa Tenggara, subsidiary of US-based 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 …
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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 Mineral Nusa Tenggara (PTAMNT).
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Buyat Bay, Indonesia: Newmont Mining Acquitted of Pollution Charges Fish yields have gone down in Buyat Bay; Photo by David Silver Newmont Mining Corporation's Minahasa Mine has released dangerously high levels of arsenic and mercury into the bay through its practice of submarine tailings disposal, poisoning fish and the local people who rely ...
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The WSJ reports, the U.S. gold producer Newmont Mining Corp. said Thursday that it would sell its 48.5% economic interest in the operator of the Batu Hijau copper and gold mine in Indonesia to local company PT Amman Mineral Internasional for $1.3 billion. The announcement came as Indonesian-listed oil and gas company PT Medco Energi ...
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Newmont Announces Third Quarter 2021 Results. Oct 26th 2021. Newmont Declares Quarterly Dividend of $0.55 Per Share. Oct 19th 2021. Newmont Names Leading Industry Executive to Head Strategic Development. Oct 5th 2021. Newmont Provides Update on …
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Indonesia Mining Ministry mineral enterprise director Dede Suhendra said the government would try to help Newmont overcome obstacles relating to exports, in response to the force majeure. Meanwhile, Indonesian mine workers' union chairman Yoesrawan Galang said the union will sue both parties due to the impact the dispute has had upon workers.
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Caso: Newmont Mining en Indonesia 1. ¿Cuáles son los problemas políticos claves que enfrentan el señor Lahti y Newmont Mining en indonesia? Los problemas políticos claves que enfrentan son varios. Entre ellos podemos mencionar el alto grado de corrupción que existe dentro de todos los órganos del gobierno al igual que la inestabilidad ...
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