If Newmont closes down, what is the plight of thousands of its employees? 

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.

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Friday, December 13, 2013 8:11:00 AM Categories: Government Management

NNT employees threaten to stage demo in response to export ban 

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.

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Friday, December 13, 2013 8:03:00 AM Categories: Government Management

PTNNT Supports Government Goals on In-Country Processing; PTNNT Does Not Export Unprocessed Ore 

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."

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Tuesday, December 10, 2013 8:20:00 PM Categories: Government Management

PTNNT Ready to Supply Concentrate to Indosmelt, a National Smelting Company 

Jakarta, 5 December 2013Proving 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.

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Thursday, December 05, 2013 4:40:00 PM Categories: Government

Stakeholders Contribute to PTNNT’s Sustainable Operation PTNNT Communications Dept visits Radar Sumbawa editorial staff  

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.

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Thursday, December 05, 2013 12:42:00 PM Categories: CSR

GOI Told to Build Smelter  

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.

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Wednesday, December 04, 2013 3:15:00 PM Categories: Government

House of Reps Tells GoI to Build Smelter  

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.

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Wednesday, December 04, 2013 3:12:00 PM Categories: Government

Remote Village Now Enjoys Electricity  

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.

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Wednesday, December 04, 2013 3:07:00 PM Categories: CSR

PTNNT gets Aditama Award for Environmental Management and Pratama Award for Mining Safety in 2013 

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).

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Sunday, December 01, 2013 10:31:00 AM Categories: Awards

PTNNT Ready to Supply Concentrate to PT Nusantara, New Domestic Smelting Company  

Jakarta, 27 November 2013PT 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.

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Thursday, November 28, 2013 7:20:00 AM Categories: Management
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