November 27, 2014 11:08 AM ET

Metals and Mining

Company Overview of PT Newmont Nusa Tenggara

Company Overview

PT Newmont Nusa Tenggara operates an open-pit copper and gold mine in the south west region of the Island of Sumbawa, Indonesia. It explores, mines, and processes copper, gold, and silver ores. The company was founded in 1999 and is based in Lombok, Indonesia.PT Newmont Nusa Tenggara operates as a subsidiary of Nusa Tenggara Partnership B.V.

Jl. Sriwijaya No. 258

Mataram

Lombok,  83126

Indonesia

Founded in 1999

Phone:

62 37 263 5318

Fax:

62 37 263 5318

Key Executives for PT Newmont Nusa Tenggara

President Director
President Commissioner and Senior Vice President of Operations
Age: 62
General Manager of Mining
General Manager of CSR & Govrels
Compensation as of Fiscal Year 2014.

PT Newmont Nusa Tenggara Key Developments

PT Newmont Nusa Tenggara Receives Six-Month Export Permit and Anticipates Copper Concentrate Shipments

On September 22, 2014, PT Newmont Nusa Tenggara (PTNNT), a subsidiary of Newmont Mining Corporation operating the Batu Hijau mine in Indonesia has received its six-month export permit and anticipates copper concentrate shipments to resume this week. Ramp up operations have been underway since early September, following signing of a Memorandum of Understanding with the Government of Indonesia, and planned milling and mining levels are expected to be achieved during October.

PT Newmont Nusa Tenggara Reports Unaudited Earnings Results for the Six Months Ended June 30, 2013

PT Newmont Nusa Tenggara reported unaudited earnings results for the six months ended June 30, 2013. For the period, the company's revenues were $194,617,000 compared to $311,632,000 a year ago. Net loss was $15,723,000 compared to net income of $17,371,000 a year ago.

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