Govt deemed to take foreign side in NNT divestment
The Jakarta Post Monday 16th April, 2012
A | A labor economist has testified that the government tended to take the side of Newmont Mining Corporation (NMC) in its move to maintain its rights in the purchase of 7 percent of PT Newmont Nusa Tenggara (NNT) shares worth US$246.8 million."The government's move [to purchase the 7 percent of shares] will strengthen NMC's bargaining power as operator in controlling the gold mining," Yanuar said in his testimony before the Constitutional C...
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