Newmont launches loan after five month delay to sell stake

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Newmont launches loan after five month delay to sell stake

Indonesian miner Newmont Nusa Tenggara (NNT) has approached lenders with a $600m loan, ending a five month wait for a deal that bankers expected to launch in November. They had to wait as the company struggled to reach an agreement with the government on a stake sale, but bankers think that should be finalised this week.

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