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June 5, 2014
07:55 EDTNEMNewmont Mining says Indonesia unit invokes force majeure on export restriction
Following its announcement earlier this week that copper concentrate production at Batu Hijau was halted, PT Newmont Nusa Tenggara announced it officially notified the Government of Indonesia and employees that it is invoking the force majeure clause of its Contract of Work due to ongoing export restrictions. PTNNT continues discussions with the Government to seek a resolution of the export issues. Investors are cautioned that Newmont Mining Corporationís 2014-2016 copper outlook, issued on April 24, assumed the continuation of Batu Hijau operations, timely receipt of export approvals and other factors. To the extent that PTNNT is unable to export by the end of June, it will impact Newmontís ability to achieve its copper outlook. As a result, investors are cautioned not to rely on such outlook. Comments taken from an 8-K filing.
News For NEM From The Last 14 Days
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April 23, 2015
19:16 EDTNEMOn The Fly: After Hours Movers
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16:16 EDTNEMNewmont Mining says 2016, 2017 gold and copper production view unchanged
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16:15 EDTNEMNewmont Mining backs FY15 outlook for 4.6M-4.9M attributable oz. gold
Newmont is maintaining its FY15 outlook between 4.6-4.9M attributable ounces of gold, at CAS between $660-$710 per ounce and AISC between $960-$1,020 per ounce.
16:14 EDTNEMNewmont Mining reports Q1 adjusted EPS 46c, consensus 23c
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April 12, 2015
14:33 EDTNEMNewmont Mining shares may climb 55%, Barron's says
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13:39 EDTNEMNewmont, Kinross in second-round talks for AngloGold mine, FT says
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