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Background
Newmont's future is dependent on its ability to develop, operate and close mines while fulfilling our commitment to sustainable development, protection of human life, health, the environment, and to adding value to the communities in which we operate.
In Buyat Bay, PT NMR began operating in 1996 and ended operation in August 2004. Prior to the mine's opening, the Government of Indonesia selected submarine tailings as the best method of disposing tailings. The Government then issued a disposal permit with specific reporting requirements. PTNMR tested, analyzed, and reported detailed monitoring data on water, fish, and disposed materials.
The people, fish, and water in Buyat Bay have been extensively assessed by independent agencies and PT NMR. Test results show metals levels safer than Indonesian and international safety standards for the issues being tested.
Project History
1986 - Contract of Work agreement signed by Government of Indonesia and PT NMR
1992 - Feasibility study completed and approved.
1994 - Amdal, RK/RPL approved (environmental impact study and management plans)
1995 - Construction completed at a cost of US$234 million.
1996 – Production began
2001 - Mining from the pit ceased and ore processing continued
2002 - Mine Closure Plan approved by Government of Indonesia
2004 – Ore processing ended on 31 August
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