Private Sector Behind it All
The central government almost settled negotiations over the divestment price of shares in Newmont Nusa Tenggara amounting to between US$3.5 billion and US$4.4 billion. The West Nusa Tenggara (NTB) regional government hopes that the central government will hand over all divestment proceeds to the region.
July 14, 2009
LOTS of workers wearing orange vests and white helmets thronged out of the mess belonging to PT Newmont Nusa Tenggara in Jereweh district, Sumbawa regency, on Thursday morning last week. All carrying rucksacks, they boarded transportation to take them to the location of the Batu Hijau mine.
Every day, miners routinely carry out activities at the mine that has gold and copper reserves of 1.1 billion tons. Although far from Jakarta, no changes had t
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