65:. The Indonesian government declined to purchase 10% of the company between 2006 & 2007 because of lack of funds, and Newmont declined to sell to local governments because the governments were backed by unnamed private parties, and Newmont wished to have more control over potential buyers. In 2008 Newmont sold a 2% stake in P.T. Newmont to the local governments in Sumbawa.
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holds the remaining 20%. Newmont and
Sumitomo are required to divest 51% of their stake in the joint venture Indonesian parties by 2010 by the agreement signed under the Indonesian government of
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The company received the
Aditama Award in 2011, as the best mining company in terms of mineral mining environment management.
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148:"Newmont Wins Another Award for Best Environmental Management"
124:"Panel Affirms Newmont's Right to Run Indonesian Mine"
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49:Newmont holds a 45% stake in the company while the
99:"Newmont Told to Sell Shares in Indonesian Unit"
57:holds an additional 35% and Indonesian company
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215:Ministry of Energy and Mineral Resources
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150:. October 3, 2011. Archived from
97:McDowell, Robin (April 1, 2009).
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304:Mining companies of Indonesia
122:Wright, Tom (April 2, 2009).
30:is a subsidiary company of
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101:. Associated Press Via ABC
32:Newmont Mining Corporation
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28:PT Newmont Nusa Tenggara
18:PT Newmont Nusa Tenggara
128:The Wall Street Journal
257:Newmont Nusa Tenggara
51:Sumitomo Corporation
34:that operates their
202:Mining in Indonesia
154:on October 5, 2011
59:P.T. Pukuafu Indah
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242:Berau Coal Energy
42:on the island of
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156:. Retrieved
152:the original
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131:. Retrieved
103:. Retrieved
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266:Commodities
298:Categories
158:October 4,
133:2009-04-02
105:2009-04-02
77:References
225:Companies
40:Indonesia
309:Sumbawa
273:Bauxite
63:Suharto
44:Sumbawa
283:Nickel
252:Inalum
69:Award
55:Japan
53:from
278:Coal
160:2011
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38:in
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114:^
85:^
193:e
186:t
179:v
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20:)
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