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 investment agreement …
Newmont Corporation (NYSE: NEM, ASX: NEM, TSX: NGT, PNGX: NEM) (Newmont or the Company) today announced second quarter 2024 results and declared a second quarter dividend of $0.25 per share. "Newmont delivered a solid second quarter, producing 2.1 million gold equivalent ounces and generating $594 million in free cash flow," said Tom …
DENVER, March 3, 2008 – Newmont Mining Corporation (NYSE: NEM) today announced that PT Newmont Nusa Tenggara (PTNNT), its Indonesian affiliate, and the Government of Indonesia filed notices for international arbitration, as provided for under the Contract of Work, to resolve claims by the Indonesian government that PTNNT has not complied with its divestiture obligations. …
JAKARTA– Newmont Mining Corp (NMC), perusahaan tambang emas dan tembaga yang berbasis di Colorado, Amerika Serikat, kini memasuki babak baru.Setelah melepas kepemilikan saham mayoritas di PT Newmont Nusa Tenggara, perusahaan emas dan tembaga nomor dua terbesar nasional di Batu Hijau, Sumbawa Barat, Nusa Tenggara Barat pada awal …
Pada tahun 2005, Newmont Mining Corporation kalah di arbitrase internasional dan diharuskan divestasi 51% saham. Dikarenakan Pukuafu milik Jusuf Merukh sudah memiliki 20% saham PT Newmont, Newmont Mining Corporation perlu melepas 31% saham lagi. Pada 15 November 2005, PT Newmont menggelar RUPS (Rapat Umum Pemegang Saham)
Responsible mining practices recognized at Australia's largest underground mine Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announces its Cadia operation in Orange, NSW (Australia) has achieved The Copper Mark and The Molybdenum Mark following an independent assessment, recognising responsible production …
Newmont Mining Corporation, primarily through two subsidiaries, is engaged in the exploration, mining, and processing of gold. The bulk of Newmont's revenue is generated by Newmont Gold Company (NGC), of which parent Newmont controls a 90.1 percent interest. Operating in Nevada along a 38-mile stretch of the Carlin Trend, NGC is North America ...
The following information was filed by Newmont Mining Corp (NEM) on Thursday, February 22, 2024 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the ...
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, 27.56%), PT Pukuafu …
Reincorporated as Newmont Corporation in 1921, the word Mining is added to its name in 1925 as it sells its first shares to the public. Recognized for its "imposing array of financial and technical talent," Newmont quickly becomes an industry leader, and its stock skyrockets from $40 to $236 in just four years.
On June 30th, Sumitomo Corporation (Head office: Tokyo, President/CEO: Kuniharu Nakamura) ("Sumitomo Corp") has entered into a binding share sale and purchase agreement with PT Amman Mineral Internasional (Head office: Indonesia) to sell all of its interests (18.2 percent) in PT Newmont Nusa Tenggara ("PTNNT"), which is currently held through its …
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 …