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News Breaks
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November 24, 2009
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| 05:07 EDT |  | NEM |
| theflyonthewall.com: | Newmont Mining to sell additional 14% share of PTNNT | | Newmont Mining announced that its subsidiary, Newmont Indonesia Limited, together with Nusa Tenggara Mining Corporation, have agreed to sign a sale and purchase agreement for an additional 14% of PT Newmont Nusa Tenggara, or PTNNT, to PT Multi Daerah Bersaing, a consortium comprised of regional and local governments near the Batu Hijau mine, and PT Multicapital, a private company. Proceeds will total approximately $494M. The 2008 share transfer will be completed upon approval from the Government of Indonesia. The 2009 share transfer is expected to follow shortly thereafter. A PTNNT shareholder meeting will be held following the closing of the 2008 shares to approve the transfer of the 2009 shares. :theflyonthewall.com |
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News For NEM From The Last 14 Days Check below for free stories on NEM the last two weeks.
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February 1, 2012
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| 08:01 EDT |  | NEM |
| | 06:51 EDT |  | NEM |
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January 30, 2012
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| 14:43 EDT | | NEM |
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