Newmont to provide loans for stake divestment

US Mining giant Newmont Mining will provide bridging loans of about $US109 million to help local governments in Sulawesi, Indonesia, buy a 3% stake in its local subsidiary PT Newmont Nusa Tenggara (NNT).

Newmont to provide loans for stake divestment Newmont to provide loans for stake divestment Newmont to provide loans for stake divestment Newmont to provide loans for stake divestment Newmont to provide loans for stake divestment

The loans will be provided to the West Nusa Tenggara province as well as West Sumbawa and Sumbawa Besar regencies as part of the mandatory divestment program under which Newmont is required to divest

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