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View all search resultsEnergy and Mineral Resources Minister Sudirman Said said he warmly welcomed oil and gas company PT Medco Energi Internasional Tbk’s (MedcoEnergi) move to acquire a majority stake in copper mining firm PT Newmont Nusa Tenggara, which operates the Batu Hijau copper and gold mine in West Nusa Tenggara.
Newmont Nusa Tenggara (NNT) has confirmed the acquisition of its parent company, Amman Mineral Internasional (AMI), by Medco Energi Internasional but insists that NTT will continue to maintain operational and labor status over its Batu Hijau mine.
Indonesian oil and gas company Medco Energi Internasional has completed its acquisition of Newmont Nusa Tenggara's (NNT) parent company from the US-based Newmont Mining Corporation and Japan-based Sumitomo Corporation.
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