Newmont successfully completes sale of Indonesian assets

Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) successfully completed the sale of its ownership stake in PT Newmont Nusa Tenggara (PTNNT), which operates the Batu Hijau copper and gold mine in Indonesia, to PT Amman Mineral Internasional (PTAMI). The asset’s name now changes to PT Amman Mineral Nusa Tenggara (PTAMNT). Newmont received total consideration of $1.3 billion for […]

Read more

West Papua resources fray discussed alongside climate

A conference getting underway in Sydney today looks to address two major areas of concern to people in the Pacific region in the same sitting. ‘At the Intersection: Pacific Climate Change and Resource Exploitation in West Papua’ runs for two days, hosted by Western Sydney University and the University of Sydney’s West Papua Project. The keynote speaker is Vanuatu’s Minister […]

Read more

Economist says PNG budget figures deceptive

The Papua New Guinea Government’s 2017 budget will bring in new taxes and make major cuts in spending including for health. The 6.6 billion US dollar budget will chop back on capital investment but will continue some of the O’Neill government’s flagship policies, such as free education and health services. Other sectors are hit hard by cuts with government spending […]

Read more

Fiji and Indonesia eye defence collaboration

Fiji’s Minister for Defence and National Security, Ratu Inoke Kubuabola, wants Indonesia to sign a military collaboration agreement with the Fiji military forces. The minister is in Indonesia where he thanked Jakarta for sending 100 military engineers to undertake repairs after Cyclone Winston. He also told the chief of the Indonesia National Armed Forces, the TNI, Chief General Gatot Nurmantyo, […]

Read more

Papua plane crash victims to be identified at police hospital in Jakarta

The bodies of the four crew members on board the crashed DHC-4 Caribou aircraft have been sent from Mimika, Papua, to the Sutanto Police Hospital in Jakarta for identification. “We received four body bags from the Search and Rescue [SAR] team for an identification process at the Timika Regional General Hospital. Because the Disaster Victim Identification team lacked post-mortem data […]

Read more
1 275 276 277 278 279 412