Newmont Corporation · NYSE:NEM
Newmont — PT Newmont Nusa Tenggara — Fact Sheet (November 2012)
5 slides from Newmont's fact sheet, November 2012
Slide 1: PTNNT Company Profile Fact Sheet
PTNNT COMPANY PROFILE FACT SHEET Brief History PT Newmont Nusa Tenggara (PTNNT) is a copper-gold mine company that signed a Contract of Work (CoW) with the Government of Indonesia on 2 December 1986 to carry out exploration and exploitation within its Contract of Work area in the West Nusa Tenggara
Slide 2: Project Milestones and Ownership
Note: PT Newmont Nusa Tenggara’s Contract of Work area with its prospect area of approx. 87,540 Ha based on RI Energy and Mineral Resources Minister’s Decision No.: 313.k/30/DJB/2009 of 18 June 2009. Following the important finding, PTNNT team carried out technical assessment and environmental impac
Slide 3: PTNNT's Contribution
- PT Pukuafu Indah 17,8% - Pusat Investasi Pemerintah (PIP) 7% - PT Indonesia Masbaga Investa 2,2% PTNNT’s Contribution The presence of Batu Hijau mine gives significant benefits to the country through tax and royalty payments and other economic benefits through payroll payment to over 4,000 PTNNT e
Slide 4: Operation: Geology and Mining
metals cannot be recovered directly as they are mixed with other minerals that are not economically valuable. The porphyry deposit is found to have a low grade. At Batu Hijau, every tonne of processed ores only generates 4.87 kilograms of copper. While, the average recovery of gold is much lower, wh
Slide 5: Concentrate Pipeline, Filtration and Shipment
The concentrate then goes through a 17.6 km pipeline to the filtration plant at Benete. The liquid concentrate is collected in a huge tank and is agitated continuously to avoid sedimentation. The concentrate is then filtered, to remove water from the concentrate up to 91%, using pressurized air. Fol
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