Indonesia to Charge Gold Mining Co. Execs
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Indonesian prosecutors said on Tuesday  they would file charges against six executives from the world's  largest gold miner, Newmont Mining Corp., over a controversial  pollution case being closely watched by foreign investors.
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JAKARTA, Indonesia -- A US mining company admitted yesterday that it released tons of mercury into the air and water over a period of years at one of its Indonesian gold mines but denied that it had any health impact on people.
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AN Australian executive of gold mining giant Newmont will be free for Christmas, as will five other Newmont managers, after an Indonesian court ruled their detention was illegal.
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A court ruled Thursday that detaining five executives of Newmont Mining Corp. was illegal, and the head of the Denver-based mining giant said he was optimistic the company and its employees would be exonerated of pollution charges at its Indonesian gold mine.
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JAKARTA, Indonesia -- A US mining company admitted Wednesday it released tons of mercury into the air and water over a period of years at one of its Indonesian gold mines but denied it had any health impact on people.
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Five officials of a unit of US-based gold miner Newmont Mining Corp accused of dumping toxic waste in Indonesia are to be released from jail after being held for more than a month.
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JOHANNESBURG  -- Gold Fields, the takeover target of smaller rival Harmony, contained its costs on its South African mines during the September quarter.
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Federal authorities plan to file criminal and civil charges as early as today against one or more UBS employees for providing traders with advance notice of stock-rating adjustments in exchange for cash payments, according to sources familiar with the case.
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Indonesia's competition agency on Wednesday said it would begin an investigation into alleged fixing of tariffs for text messages provided by several of the country's mobile phone operators.
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Gold Fields announced on Friday that it had filed a complaint in a New York district court against Harmony Gold Mining in connection with Harmony&#39;s &quot;coercive&quot; two-step offer for the shares of Gold Fields.
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Harmony Gold Mining Co., the biggest miner of South African gold, may have to raise its hostile 39.3 billion rand ($6.7 billion) offer for Gold Fields Ltd.
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Newmont Mining Corporation, the world's biggest gold producer, has been trailed by allegations of pollution on four continents, including Indonesia.
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Indonesian police released five officials of Newmont Mining Corp., the world&#39;s biggest gold producer, from detention yesterday, the company said in an e- mailed statement.
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Indonesian prosecutors plan to file charges against detained cleric Abu Bakar Ba'asyir next week.
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Mining giant Xstrata tables a bid for Australian nickel producer Jubilee Mines for 3bn Australian dollars ($2.8bn; Â£1.34bn).
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Anglo-Swiss miner Xstrata Plc offered A$3.1 billion ($2.8 billion) on Monday for Australia's fifth-largest nickel producer Jubilee Mines NL, the latest outback miner to catch the eye of a big international firm as metal prices soar.
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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.