Bomb blast causes sharp drop in Newmont Corp's share prices
Wednesday, October 18 2000 - 04:00 AM WIB
The management of PT Newmont Nusa Tenggara (NNT) has asked the governor of West Nusa Tenggara (NTB) province Harun Al Rasyid through the local legislative council to make a statement of the bomb blast, which recently hit the fence of the company's representative office in Mataram.
Antara reported that the copper and gold mining operators wanted the governor to clarify the press reports on the bomb blast, which had caused a sharp drop in the stock price of its parent company Newmont Mining Corporation, which is listed on the world's major stock exchanges.
The vice chairman of the local council Abdurrahim confirmed that the council had been asked by the company's management to ask the governor to make a statement on the bomb blast during a recent hearing.
PT NNT, which operates a major copper and gold mining in the province, is jointly owned by Newmont Indonesia Limited, Nusa Tenggara Mining Corporation of Japan and local company PT Pukuafu Indah.
A small bomb blast hit the fence of the representative of office of the copper and gold operator, causing no major damages. There were no reports of injuries during the incident. (*)
