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Newcrest Agrees to Divest Gosowong for $90M

2020-4-8 · Newcrest Agrees to Divest Gosowong for $90M. Newcrest Mining Ltd. has signed an agreement to sell Newcrest Singapore Holdings Pte Ltd. (NSH), which owns a 75% interest in PT Nusa Halmahera Minerals (NHM) that …NEWCREST MINING ACCEPTS $90M OFFER FOR ITS …2020-1-31 · Australia''s Newcrest Mining chooses to end its 27-year relationship with the Gosowong gold mine rather than comply with the Indonesian government''s requirement to sell down from its current 75% shareholding to a minority interest.

Newcrest finalises Indonesia''s Gosowong mine sale to …

The transaction will allow Indotan to acquire Newcrest''s 75% stake in the Gosowong mine for a total of $90m. Newcrest noted that it has already received $60m from the sale. Indotan will pay the remaining $30m within 18 months. Newcrest expects a $44m loss upon divestment of its interest in PT NHM.Newcrest closes $60m sale of Gosowong mine in …2020-3-4 · Newcrest sold its interest in the Gosowong mine in Indonesia (pictured) during the quarter. Image by Newcrest. Newcrest (ASX: NCM) announced Wednesday the finalized sale of of Newcrest ...

OUR SHAREHOLDERS – Gosowong Gold Mine

PT Indotan Halmahera Bangkit. Indotan group is a corporation of various lines of business across Indonesia. Through its subsidiary PT Indotan Halmahera Bangkit, Indotan acquired the majority ownership of PT Nusa Halmahera Minerals which operates the Gosowong Gold Mine from its previous shareholder, Newcrest Mining Ltd. in early 2020.Newcrest to divest Gosowong for $90m - Australian Mining2020-2-3 · Newcrest Mining has agreed to sell its 75 per cent stake in the Gosowong mine in Indonesia to PT Indotan Halmahera Bangkit. The proposed transaction would allow Indotan to acquire Newcrest''s ...

Newcrest divests Gosowong for $60 million

2020-1-31 · Newcrest expects to recognize a A$44m loss on divestment of its 75% interest . The Gosowong gold operation is located on Halmahera Island, about 2,450 kilometres northeast of the national capital ...Newcrest sells Gosowong - Png Report2020-2-6 · Newcrest sells Gosowong LATE last week, Newcrest announced it was selling its entire 75% stake in PT Nusa Halmahera Minerals (PTNHM), the Indonesian company operating the Gosowong gold mine, once one of the largest gold mines in Indonesia, to Rajawali Group PT Indotan Halmahera Bangkit.

WORKING AREA – Gosowong Gold Mine

2019-4-1 · Based on the Contract of Work (CoW) signed with the Government of Indonesia on April 28, 1997, the working area of PT Nusa Halmahera Minerals which is known as Gosowong Gold Mine, is located at North Halmahera Regency in North Maluku Province. Today, PTNHM operates in a Contract of Work area of about 29,622 hectares. In 1994, Newcrest Mining ...Newcrest completes sale of Gosowong mine - Australian …2020-3-5 · Newcrest Mining has completed its sale of the Gosowong gold-silver mine in North Maluku, Indonesia in accordance to a new divestment rule in the country. Indonesia''s Department of Mines and ...

Newcrest finalises Indonesian Gosowong mine sale ...

2020-3-15 · Newcrest has finalised the sale of its Newcrest Singapore Holdings Pte Ltd (NSH) to Indotan Halmahera Bangkit for $90m. NSH owns 75 per cent of PT Nusa Halmahera Minerals (PT NHM), which operates the gold and silver Gosowong mine in Indonesia.. All conditions precedent have been satisfied and economic ownership has transferred with an effective date of 31 …The ASIA Miner - Newcrest divests Gosowong mine for …2020-2-7 · Newcrest divests Gosowong mine for A$90m Newcrest Mining has signed an agreement to sell 100 per cent of Newcrest Singapore Holdings Pte Ltd (NSH), which owns a 75 per cent interest in PT Nusa Halmahera Minerals (PT NHM) and operates the Gosowong mine in Indonesia, to PT Indotan Halmahera Bangkit for A$90 million.

NEWCREST MINING: INDONESIAN BUYER PAYS $90M FOR …

2020-1-31 · Newcrest would have been obliged under Indonesian mining law to reduce its interest in Gosowong to 49% by end-June, but previously indicated it was likely to sell its full holding. Gosowong is forecast to produce 145,000-175,000oz at AISC of $878/oz in FY20, despite low ore feed grades that reduced its Dec qtr (Q2) output to 35,735oz.Less of Gosowong for Newcrest - PNG Report2018-6-27 · NEWCREST Mining has reached agreement with the Indonesian government over a new contract of work for its 75%-owned Gosowong gold mine on Halmahera Island in North Maluku Province. Gosowong gold mine. Mining. 27 June 2018. share.

THE COMPANY MILESTONES – Gosowong Gold Mine

We are a mining company operating the Gosowong Gold Mine based on the Contract of Work signed on April 28, 1997 with the Government of Indonesia. The majority of shares of PTNHM are owned by PT Indotan Halmahera Bangkit (75%) and the remaining 25% are owned by PT Aneka Tambang Tbk. (Antam).Newcrest''s Gosowong Mine and PT Nusa Halmahera …2019-11-14 · The International Cyanide Management Institute (ICMI) announced today that Newcrest Mining Ltd.''s Gosowong Mine in Indonesia and the PT Nusa Halmahera Minerals (PT NHM) Supply Chain that transports cyanide to the Gosowong Mine have been recertified in full compliance with the International Cyanide Management Code (Cyanide Code).

Newcrest Mining | Indonesia

2019-6-4 · Newcrest Mining | Indonesia – Gosowong. Site wide fuel management system with inwards metering, bulk air elimination and temperature compensation. Tank level monitoring for bulk fuel, as well as service truck FMS with overfill protection with dispense metering and equipment Auto-ID. Long range Auto ID solution deployed for tanker truck fuel ...Newcrest Mining Limited''s Gosowong Mine and Supply …2011-9-7 · The International Cyanide Management Institute (ICMI) announced today that Newcrest Mining Limited''s Gosowong Mine in Indonesia, and its PT Nusa Halmahera Minerals Supply Chain, have been certified as fully compliant …

Newcrest divests Gosowong for $60 million

Newcrest (ASX: NCM) announced Friday it has signed an agreement to sell of Newcrest Singapore Holdings Pte Ltd (NSH) which Newcrest divests Gosowong for $60 million - LATAM-MINING ServiciosGosowong Gold Mine on indigenous Pagu territory in …2021-3-17 · [7] Mongabay. Indonesia to hear indigenous peoples'' grievances on land disputes (Bell 2014) [click to view] [8] Mining. Newcrest closes $60m sale of Gosowong mine in Indonesia (2020) [click to view]

Newcrest completes sale of Gosowong mine

2020-3-5 · Newcrest Mining has completed its sale of the Gosowong gold-silver mine in North Maluku, Indonesia in accordance to a new divestment rule in the country. Indonesia''s Department of Mines and ...OUR SHAREHOLDERS – Gosowong Gold MinePT Indotan Halmahera Bangkit. Indotan group is a corporation of various lines of business across Indonesia. Through its subsidiary PT Indotan Halmahera Bangkit, Indotan acquired the majority ownership of PT Nusa Halmahera Minerals which operates the Gosowong Gold Mine from its previous shareholder, Newcrest Mining Ltd. in early 2020.

NEWCREST MINING ACCEPTS $90M OFFER FOR ITS …

2020-1-31 · Australia''s Newcrest Mining chooses to end its 27-year relationship with the Gosowong gold mine rather than comply with the Indonesian government''s requirement to sell down from its current 75% shareholding to a minority interest.Project: Gosowong Gold Mine Project Improvement on …Gosowong is owned and operated by PT Nusa Halmahera Minerals (PTNHM), an Indonesian company owned by Newcrest Mining Ltd (75%) and PT Aneka Tambang Tbk (25%). It is located on Halmahera Island, in the North Maluku Province of the Republic of Indonesia, approximately 2,450 kilometres north east of the national capital, Jakarta.

ABOUT THE COMPANY – Gosowong Gold Mine

2019-4-1 · The history of PTNHM began in 1994 when Newcrest Mining Ltd., a mining company from Australia, and Antam, established a joint venture to find gold reserves in Halmahera Island. At the same year, the venture successfully found the gold reserves with economic value in Gosowong area.Newcrest finalises Indonesian Gosowong mine sale ...2020-3-15 · Newcrest has finalised the sale of its Newcrest Singapore Holdings Pte Ltd (NSH) to Indotan Halmahera Bangkit for $90m. NSH owns 75 per cent of PT Nusa Halmahera Minerals (PT NHM), which operates the gold and silver Gosowong mine in Indonesia.. All conditions precedent have been satisfied and economic ownership has transferred with an effective date of 31 …

Newcrest divests Gosowong mine for A$90m

2020-6-30 · Newcrest divests Gosowong mine for A$90m. Newcrest Mining has signed an agreement to sell 100 per cent of Newcrest Singapore Holdings Pte Ltd (NSH), which owns a 75 per cent interest in PT Nusa Halmahera Minerals (PT NHM) and operates the Gosowong mine in Indonesia, to PT Indotan Halmahera Bangkit for A$90 million.Newcrest closes $60m sale of Gosowong mine in …2020-3-4 · Newcrest sold its interest in the Gosowong mine in Indonesia (pictured) during the quarter. Image by Newcrest. Newcrest (ASX: NCM) announced Wednesday the finalized sale of of Newcrest ...

Newcrest divests Gosowong mine for A$90m

2020-6-30 · Newcrest divests Gosowong mine for A$90m. Newcrest Mining has signed an agreement to sell 100 per cent of Newcrest Singapore Holdings Pte Ltd (NSH), which owns a 75 per cent interest in PT Nusa Halmahera Minerals (PT NHM) and operates the Gosowong mine in Indonesia, to PT Indotan Halmahera Bangkit for A$90 million.200131 Newcrest agrees to divest Gosowong for $90m ...2021-10-4 · Newcrest Mining Limited – Level 8, 600 St Kilda Road, Melbourne – 1 Market Release 31 January 2020 . Newcrest agrees to divest Gosowong for $90m . Newcrest has signed an agreement to sell of Newcrest Singapore Holdings Pte Ltd (NSH) which owns a

Gosowong miner rescued

2016-2-16 · Gosowong miner rescued. A MAN trapped 300m underground for eight days at Newcrest Mining''s Gosowong mine in Indonesia has been rescued. The raise bore machine in action at Gosowong. Fission Uranium developing PLS uranium project in Canada. SPONSORED. fission uranium.Project: Gosowong Gold Mine Project Improvement on …Gosowong is owned and operated by PT Nusa Halmahera Minerals (PTNHM), an Indonesian company owned by Newcrest Mining Ltd (75%) and PT Aneka Tambang Tbk (25%). It is located on Halmahera Island, in the North Maluku Province of the Republic of Indonesia, approximately 2,450 kilometres north east of the national capital, Jakarta.

Newcrest to sell Gosowong mine in Indonesia to Indotan

2020-2-3 · Australian mining company, Newcrest Mining has agreed to sell its wholly-owned subsidiary Newcrest Singapore (NSH) to PT Indotan Halmahera Bangkit. NSH holds a 75% stake in PT Nusa Halmahera Minerals (PTNHM) that owns and operates the Gosowong mine in Indonesia. The transaction will allow Indotan to acquire the Newcrest''s 75% stake in the ...Major Mines & Projects | Gosowong OperationNewcrest Mining Limited h owned a 75 per cent interest in Gosowong''s mining operator, PT Nusa Halmahera Minerals until 5th March 2020. On 5 March 2020, Newcrest completed the sale of of Newcrest Singapore Holdings Pte Ltd (NSH) to Indotan Halmahera Bangkit (Indotan). The remaining 25% owns PT. Aneka Tambang.

Discovery and exploration of the Gosowong epithermal …

a PT Austindo Mining Corporation, 3rd floor Graha Irama, Jl. H.R. Rasuna Said Ka˝. 1–2, Jakarta 12950, Indonesia b Newcrest Mining Limited, Le˝el 9, 600 St. Kilda Road, Melbourne, Victoria ...Gosowong mine, Indonesia - Mining Weekly2016-5-6 · Name: Gosowong mine. Location: The Godoswong mine is located on the island of Halmahera, in North Maluku province, Indonesia. Controlling Company: The mine is owned and operated by PT Nusa ...

NEWCREST MINING: INDONESIAN BUYER PAYS $90M FOR …

2020-1-31 · Newcrest would have been obliged under Indonesian mining law to reduce its interest in Gosowong to 49% by end-June, but previously indicated it was likely to sell its full holding. Gosowong is forecast to produce 145,000-175,000oz at AISC of $878/oz in FY20, despite low ore feed grades that reduced its Dec qtr (Q2) output to 35,735oz.Gosowong mine, Indonesia - Mining Weekly2016-5-6 · Name: Gosowong mine. Location: The Godoswong mine is located on the island of Halmahera, in North Maluku province, Indonesia. Controlling Company: The mine is owned and operated by PT Nusa ...

The ASIA Miner

2020-2-7 · Newcrest divests Gosowong mine for A$90m Newcrest Mining has signed an agreement to sell 100 per cent of Newcrest Singapore Holdings Pte Ltd (NSH), which owns a 75 per cent interest in PT Nusa Halmahera Minerals (PT NHM) and operates the Gosowong mine in Indonesia, to PT Indotan Halmahera Bangkit for A$90 million.Newcrest finalises Indonesian Gosowong mine sale ...2020-3-15 · Newcrest has finalised the sale of its Newcrest Singapore Holdings Pte Ltd (NSH) to Indotan Halmahera Bangkit for $90m. NSH owns 75 per cent of PT Nusa Halmahera Minerals (PT NHM), which operates the gold and silver Gosowong mine in Indonesia.. All conditions precedent have been satisfied and economic ownership has transferred with an effective date of 31 …

Newcrest restarts Gosowong mining

2016-4-12 · Gold miner Newcrest Mining has restarted mining at the Toguraci mine, at its Gosowong operations, in Indonesia. Mining at Gosowong was suspended in early February following a geotechnical event ...Gosowong mine, Indonesia - Mining Weekly2016-5-6 · Name: Gosowong mine. Location: The Godoswong mine is located on the island of Halmahera, in North Maluku province, Indonesia. Controlling Company: The mine is owned and operated by PT Nusa ...

Gosowong mine, Indonesia

2016-5-6 · Name: Gosowong mine. Location: The Godoswong mine is located on the island of Halmahera, in North Maluku province, Indonesia. Controlling Company: The mine is owned and operated by PT Nusa ...Discovery and exploration of the Gosowong epithermal …a PT Austindo Mining Corporation, 3rd floor Graha Irama, Jl. H.R. Rasuna Said Ka˝. 1–2, Jakarta 12950, Indonesia b Newcrest Mining Limited, Le˝el 9, 600 St. Kilda Road, Melbourne, Victoria ...