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Newcrest is one of the world’s. largest gold mining companies. We safely deliver superior returns to our stakeholders from finding, developing and operating gold and copper mines…
Newcrest closes $60m sale of Gosowong mine in Indonesia ...
Mar 04, 2020 · Newcrest (ASX: NCM) announced Wednesday the finalized sale of 100% of Newcrest Singapore Holdings Pte (NSH) to Indotan Halmahera Bangkit (Indotan) for A$90m, (about $60m) of which A$60m has already...
Newcrest to sell Gosowong mine in Indonesia to Indotan
Feb 03, 2020 · Newcrest to sell Gosowong mine in Indonesia to Indotan. (Credit: Pixabay/Khusen Rustamov) Australian mining company, Newcrest Mining has agreed to sell its wholly-owned subsidiary Newcrest Singapore (NSH) to PT Indotan Halmahera Bangkit. NSH holds a 75% stake in PT Nusa Halmahera Minerals (PTNHM) that owns and operates the Gosowong mine in Indonesia.
Newcrest goes for gold with Gosowong sale
Aug 18, 2019 · Australias biggest gold producer Newcrest Mining has kicked off a process to sell down its stake in Indonesias Gosowong gold and silver mine. The sale process was forced upon Newcrest …
Newcrest completes sale of Gosowong mine - Australian Mining
Mar 05, 2020 · Newcrest Mining has completed its sale of the Gosowong gold-silver mine in North Maluku, Indonesia in accordance to a new divestment rule in the country. Indonesia’s Department of Mines and Energy rules that the citizens should at least own a 51 per cent stake in a mining project.
Newcrest to divest Gosowong for $90m - Australian Mining
Feb 02, 2020 · Newcrest Mining has agreed to sell its 75 per cent stake in the Gosowong mine in Indonesia to PT Indotan Halmahera Bangkit. The proposed transaction would allow Indotan to acquire Newcrest’s stake in the Indonesian gold and silver mine in North Maluku, 2450 kilometres from Indonesia’s capital city Jakarta.
Newcrest bows on Indonesia mine - The Australian
Newcrest Mining has agreed to sell down its stake in the Gosowong gold mine in Indonesia to no more than 49 per cent after accepting tougher new tax and local ownership measures from the Indonesian government.
Newcrest, mining and Indonesia - Crikey
Jan 11, 2004 · In another example of poor disclosure, Newcrest Mining has failed to inform the market about a fresh outbreak of violence at its gold mining project in eastern Indonesia reported by AAP this ...
Worker trapped underground at Newcrest mine in Indonesia
Very large text size A worker is trapped underground at one of Newcrest Minings operations. The worker became stuck 300 metres underground after a "geotechnical" event at the Gosowong gold and silver mine in Indonesia. A worker is trapped underground at the Gosowong mine.
Newcrest ready to divest interest from ... - MINING.COM
Aug 18, 2019 · In its 2018/19 Full Year Financial Results, published on August 16, 2019, Newcrest Mining (ASX: NCM) announced that it has started a process aimed at divesting a least a 26% interest from its...
Newcrest strikes regulatory turbulence in Indonesia
Jan 30, 2018 · Australias biggest gold producer Newcrest is the latest miner to strike regulatory turbulence in Indonesia with the host government raising issues about the level of Indonesian ownership in the...
ANTAM AND NEWCREST ENTER INTO A STRATEGIC …
“Newcrest has a proud exploration and operating history in Indonesia. We also have a long and successful working relationship with Antam in Indonesia through PT Nusa Halmahera Minerals (PTNHM) which manages the Gosowong gold mine in the North Halmahera District of North Maluku Province.
Newcrest Indonesia (ASX: NCM). - Free Online Library
Aug 14, 2019 · Newcrest is one of the largest gold mining companies in the world with operating mines in four countries. The Companys vision is to be the Miner of choice[TM], leading the way in safe, responsible, efficient and profitable mining.
Brutal crackdown at Newcrests Halmahera mine leaves one ...
Newcrest - Australias largest gold mining company - owns 82.5% of Nusa Halmahera Minerals, with Indonesias state-owned mining company Aneka Tambang holding the remaining 17.5%. Indonesian and international NGOs have condemned the violence.
Gosowong mine, Indonesia - Mining Weekly
Controlling Company: The mine is owned and operated by PT Nusa Halmahera Minerals, an Indonesian company owned by Newcrest Mining (75%) and PT Aneka Tambang or Antam (25%). Brief Description: Gosowong currently encompasses the Kencana and Toguraci underground mines. Brief History: Newcrest formed a joint venture with Antam in 1994 to …
Newcrest Competitors, Revenue and Employees - Owler ...
Sep 07, 2020 · Newcrests top 7 competitors are Kula Gold, OZ Minerals, Gateway Mining, Excelsior Gold, Emmerson Resources, Sandfire Resources and PanAust. Together they have raised over 9.8M between their estimated 3.0K employees. Newcrest has 7,600 employees and is ranked 1st among its top 10 competitors. The top 10 competitors average 1,694.
Newcrest releases FY19 results | Global Mining Review
Aug 16, 2019 · For the year ended 30 June 2019 Newcrest Mining Ltd has reported a statutory profit and an underlying profit of US$561 million, 178% and 22% higher than the prior period respectively, from gold production of 2.49 million oz. Newcrest Managing Director and CEO, Sandeep Biswas said: “Newcrest achieved very strong results in financial year 2019.
Newcrests Lihir gold mine continues to support PNG - PNG ...
Newcrest uses a variety of efficient mining methods for large ore bodies, together with selective underground mining methods to optimise high-grade epithermal deposits and porphyry deposits. Operating mines are located in Australia, Canada, Papua New Guinea and Indonesia.