Newmont reports Q3 Indonesian output

The following is an excerpt on Batu Hijau project of US mining giant Newmont Corp.'s third quarter 2009 report released on Thursday.

Batu Hijau ? West Nusa Tenggara
On September 18, Batu Hijau experienced a geotechnical failure in the west wall of the open-pit. Geotechnical monitoring systems and activities allowed for all personnel and mining equipment as well as key electrical and dewatering infrastructure to be evacuated and/or relocated well in advance of the slope failure.

Remediation activities commenced on September 28 and mining activities resumed on October 10. The impact on 2009 gold and copper production is expected to be minimal and the Company continues to expect equity gold and copper sales from the mine of between 225,000 and 250,000 ounces and 210 and 230 million pounds, respectively.

The Company is also maintaining its outlook for costs applicable to sales for copper of between $0.50 and $0.65 per pound. The Company lowered its outlook for costs applicable to sales for gold for 2009 to between $200 and $220 per ounce from between $280 and $320 per ounce previously.

In general, the Company expects delays in ore access previously anticipated in 2010 and 2011 with a marginal decrease in ore mined from the ultimate Phase 6 pit. (end of edited excerpt)

Operating Statistics-Batu Hijau	Three months ended Sept 30		Nine months ended Sept 30
	2009	2008	2009	2008
Tons mined (000 dry short tons):	?	?	?	?
Ore	28,662	25,013	96,556	42,475
Waste	4,005	17,441	20,996	110,149
Total	32,667	42,454	117,552	152,624
?	?	?	?	?
Tons milled (000 dry short tons)	11,204	8,314	31,901	27,657
Average ore grade:	?	?	?	?
Gold (oz/ton)	0.021	0.012	0.015	0.009
Copper	0.69%	0.48%	0.59%	0.46%
?	?	?	?	?
Average mill recovery rate:	?	?	?	?
Gold	83.6%	74.2%	83.3%	74.9%
Copper	89.5%	85.9%	89.2%	78.1%
?	?	?	?	?
Gold ounces produced (thousands):	?	?	?	?
Consolidated	207	70	387	185
?
Gold ounces sold (thousands):
Consolidated	208	28	381	185
?
Copper pounds produced (millions):	?	?	?	?
Consolidated	141	69	336	200
?
Copper pounds sold (millions):
Consolidated	141	44	342	201