Mercury didn&#39;t hurt Buyat locals: Newmont
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Newmont Mining Corp. has admitted to having put tons of mercury vapors into the air in Buyat Bay, North Sulawesi, but insists that the mercury did not have negative impacts on the bay and its people.
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JAKARTA, Indonesia -- Indonesia's environment minister charged yesterday that US-based Newmont Mining Corp. "cut corners" to boost profits at its Indonesian gold mine and expressed confidence the government will win a criminal case accusing executives of causing pollution.
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Newmont Mining Corp. on Wednesday said its third-quarter profit rose on increased gold prices. Quarterly profit rose to $128.7 million, or 29 cents per share, up from $114.
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By Peter MacMahon Scottish Goverment Editor  THE company behind controversial plans to site the world's largest onshore wind farm in the Western Isles last night strongly denied that pressing ahead with the project would breach European rules on protecting wildlife.
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TEHRAN, Iran Iran says it won&#39;t be bullied into giving up its nuclear energy plans. State television quotes a government spokesman (Hamid Reza Asefi) who says Tehran only wants proposals that meet its national
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JAKARTA - American mining company Newmont Corporation has admitted to having pumped 33 tons of mercury into the air and water at an Indonesian mine â-ut its chief executive insisted the releases posed no health risk.
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The villagers of Buyat Beach blame Denver-based Newmont Mining Corp., the world's largest gold-mining company, for poisoning their idyllic tropical bay with arsenic and mercury.
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The world's largest gold producer,  Newmont Mining Corp. NEM.N, said on Wednesday that higher  gold prices drove up quarterly profit by 12.5 percent, even  though it sold less of the precious metal.
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The furniture maker's management says past is not prelude.
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Newmont Mining Corp. NEM.N said on  Wednesday its gold operations in Indonesia had released  mercury, but the toxic emissions were not at levels harmful to  people or the environment.
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Thailand's military-installed premier has defended a series of shifts in the country's economic policies, saying investor confidence will not be undermined in the kingdom, state media reported Sunday.
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Plaintiffs who won a bond default ruling against BearingPoint Inc. last week said that they aren't trying to ruin the company and that they don't think the $21.5 million in damages they have requested will hurt the McLean consulting firm's business.
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JAKARTA, Indonesia, Dec. 22 -- A U.S. mining company acknowledged Wednesday that it released tons of mercury into the air and water over five years at one of its gold mines in Indonesia but denied causing harm to anyone's health.
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Newmont Mining Corp. , the world's second-largest gold producer, said on Thursday that fourth-quarter profit more than tripled on much higher gold prices.
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Anglo-Australian mining giant Rio Tinto has defended the price it has offered for Canada&#39;s Alcan, saying that the robust economic growth of China and India would see the business prosper.
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Richard Branson says he remains confident that a deal to rescue Northern Rock can be done.
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JAKARTA An internal company report warned top executives at Newmont Mining, the world&#39;s largest gold producer, in 2001 that the company was putting tons of toxic mercury vapors into the air in Indonesia.