Mining
Newmonts Continued Mess

FINALLY, the response letter that PT Newmont Nusa Tenggara management had been waiting for arrived on Wednesday two weeks ago. The sender was a close relativeNewmont Ventures Limited. In the letter, Newmont Ventures stated that it would revoke the power of attorney to PT Indonesia Masbaga Investama which granted it voting rights and shares in Newmont Nusa Tenggara. The power of attorney served as a loan guarantee. "It ensures that Newmont Ventures

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