PRECIOUS METALS

Newmont flags lower output from Indonesia

US mining giant Newmont Mining has reportedly said copper and gold output from its Indonesian operations could fall this year because lower grade ore was being mined.

MiningNews.Net

Newmont flags lower output from Indonesia

PT Newmont Nusa Tengarra (PTNNT) spokesperson Rubi Purnomo told Reuters the company expects to produce 345-365 million pounds of copper ore - a 22% drop from 453Mlb in 2007. PTNNT operates the Batu...

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