(NEM) Newmont Sells Stake to Government
Newmont Mining Corp. (NEM) sold its 7% stake in PT Newmont Nusa Tenggara (NNT), partly owned by Newmont and Japan’s Sumitomo Corporation to the government. NNT plans to raise about $500 million in a public offering by selling a 10% stake within 12 months. The divestiture was in compliance with the Contract of Work with [...] (NEM) Newmont Sells Stake to Government
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