The discourse over the closedown of PT Newmont Nusa Tenggara (PTNNT) early January 2014 has definitely worried some 9000 workers who have to date depended their life on the company based at Batu Hijau, West Sumbawa, West Nusa Tenggara Barat. The rumors over the company's closedown, according to Prayitno Basuki, an economic observer from the University of Mataram, should be seen from several perspectives.
MetroTVNews - Thousands of PTNNT employees have threatened to stage mass demonstrations following the decision of the work meeting of Commission VII of RI House of Reps. and EMR Ministry on Thurs. (5/12) that enforces the implementation of Law No. 4 of 2009 that bans concentrate export effective 12 January 2014. Not just Newmont employees, local entrepreneurs who have partnered with PTNNT to date will also hold similar rally.
Jakarta 10 December 2013 — PT Newmont Nusa Tenggara ("PTNNT") today reiterated for clarification purposes that the Company does not export unprocessed ore from its copper and gold mine on Sumbawa.
"All of the ore from the Batu Hijau mine is processed through crushing, grinding, and flotation systems to produce copper concentrate at our processing facility in Kabupaten Sumbawa Barat," said Martiono Hadianto, PTNNT's President Director. "We do not export any unprocessed ore."
Jakarta, 5 December 2013 – Proving its commitment to supporting the Government of Indonesia’s policy on in-country processing and smelting as provided in Mining Law of 2009, PT Newmont Nusa Tenggara (PTNNT) today signed a Conditional Sales Purchase Agreement (CSPA) of Concentrate with PT Indosmelt (PTI) to supply copper concentrate to be refined and smelted in Indonesia. PTI earlier announced its plan to build a new copper smelter.
Radar Sumbawa, Taliwang (5/12) - PTNNT Senior Specialist Media Relations H Ruslan Ahmad visited the editorial staff of Radar Sumbawa daily, Wed (4/12). Ruslan said the company’s operation has run well thanks to employees’ and company’s commitment as well as support from all stakeholders, including the media.
Radar Sumbawa, Taliwang - The central government has apparently softened [its position] and will provide relaxation until three years as to PTNNT’s concentrate export ban prior to in-country processing.
Radar Sumbawa, Taliwang - Amiruddin Embeng, a member of Commission III of West Sumbawa House of Reps., viewed that if GoI builds smelter, it will result in better supervision of mine products, especially PTNNT’s production.
PulauSumbawanews - West Sumbawa - About 600 households that have been living with no electricity access are now feeling happy because PTNNT in partnership with PT PLN are conducting medium and low voltage electricity installation at Aik Kangkung and Tatar villages.
Jakarta, 1 December – PT Newmont Nusa Tenggara (PTNNT) has been awarded Gold or ADITAMA Award and a Trophy (Best of the Best) for Mineral Mining Environmental Management efforts and Bronze or Pratama Award for Mineral Mining Safety Management from RI Ministry of Energy and Mineral Resources. Thamrin Sihite, the Director General of Minerals and Coal of EMR Ministry, personally presented the award in Jakarta on Friday (29/11).
Jakarta, 27 November 2013 – PT Newmont Nusa Tenggara (PT NNT) today entered into a Conditional Sales and Purchase Agreement (CSPA) with PT Nusantara Smelting (PTNS) to supply copper concentrate for smelting and refining in Indonesia. PTNS previously announced plans to construct a new copper smelter, and PTNNT has committed to supplying copper concentrate to support the Government’s policy on downstream, in-country processing activities as expressed in the 2009 Mining Law.