In the first week of November 2015, we speculated about Newmont’s exit from Indonesia. Three weeks later, Medco Group founder Arifin Panigoro announced a plan to acquire PT Newmont Nusa Tenggara (NNT) for US$2.2 billion. On Tuesday, April 5th, minister of finance Bambang Brodjonegoro confirmed the government’s decision to not acquiring the shares (7%) offered.To subscribe please click here