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Newmont offloads 7% stake in Indonesian mine

US MAJOR Newmont Mining plans to divest a 7% stake in its Batu Hijau copper-gold mine on the isla...

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Newmont offloads 7% stake in Indonesian mine

Bloomberg quoted Newmont spokesman Rubi Purnomo as saying that the offer was made based on a value of $4.65 billion for the mine. The offer is part of the company's plan to reduce its stake in the mine...

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