Newmont suspends arbitration, opens MoU talks with Indonesian govt over concs exports

Newmont Mining Corp has discontinued and withdrawn international arbitration proceedings against the Indonesian government relating to restrictions on exports of copper concentrates from the Batu Hijau mine.

Senior government officials in Indonesia recently informed Newmont that they would be willing to open formal discussions to restart exports providing that Newmont withdraws from the proceedings, the miner said...


Mark Burton

August 27, 2014

05:52 GMT