Newmont Mining Corporation has entered into a binding share sale agreement with PT Amman Mineral International (AMI) to sell its 48.5% interest in PT Newmont Nusa Tenggara (NNT) for a total consideration of US$1.3 billion. A consortium of Medco Group and AP Investment then acquiring 82.2% shares of NNT from PT AMI for US$2.6 billion.To subscribe please click here