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US gold major Newmont Mining has agreed to sell its stake in the Batu Hijau copper/gold mine in Indonesia, citing its strategic priorities to lower debt and fund its highest-margin projects. The ...

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Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) has entered into a binding share sale and purchase agreement with PT Amman Mineral Internasional (PT AMI) to sell its interests in PT Newmont Nusa Tenggara (PTNNT), which operates the Batu Hijau copper and gold mine in Indonesia . The total consideration is $1.3 billion …

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The Nacala Corridor project will connect the Moatize Coal Mine to the Port of Nacala, with a transport capacity of 18 million metric tonnes of coal per year. This line includes 237-kilometre stretch that passes through Malawi, Mozambique's neighboring country, and will be, in total, 912 kilometres long in total.

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Gold mining companies are active on all continents on earth. This wide geographical distribution in production means that interruptions in any single region due to local political or social matters are unlikely to have a large impact on the global gold supply.

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