Summary of NEWMONT MINING CORP /DE/

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NEM > SEC Filings for NEM > Form 8-K on 22-Sep-2009

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Form 8-K for NEWMONT MINING CORP /DE/

22-Sep-2009

Other Events

Item 8.01 Other Events.

On September 18 and 19, 2009, the Company's indirect affiliate PT Newmont Nusa Tenggara ("PTNNT") experienced a geotechnical failure in the west wall of the Batu Hijau open-pit mine in Indonesia. PTNNT has temporarily suspended operations in the Batu Hijau pit pending a geotechnical review and development of a plan for stabilizing the wall and recommencing mining operations. PTNNT continues to process lower-grade ore from stockpiles. It is too early to assess the impact on production and revenues and the Company will provide an update once it has a clear understanding of the impacts of the incident and related remediation on production for 2009.

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