Challenges for NewMont Mining in Indonesia NewMont Mining Corp. is the one of the world’ leading gold company‚ headquartered in Denver‚ Colorado. The company employs approximately 15‚000 people‚ the majority of whom work at Newmont’s mines sites in the United States‚ Australia‚ Peru‚ Indonesia‚ Bolivia‚ New Zealand and Mexico. NewMont Mining Corp. began to operate two mines in Indonesia in 1996‚ one in Batu Hijau on the island of Sumbawa and Minahasa Raya on the island of Sulawesi. NewMont Mining faced
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encourage a positive impact through its activities on the environment‚ consumers‚ employees‚ communities‚ stakeholders and all other members of the public sphere who may also be considered as stakeholders. Corporate philanthropy is the act of corporations donating a portion of their profits or resources to various non-profit organizations. They are voluntary corporate activities taken upon by Organizations to address social issues and the investing of company resources and expertise to help resolve
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bonteous and abused. In 2004‚ the sediment in Buyat Bay‚ the equatorial bay where an American corporation‚ Newmont Mining‚ had been depositing mine waste for several years‚ was polluted with high levels of arsenic and mercury. The villagers have complained of a rashes‚ lumps‚ breathing difficulties and dizzies. Report’s Newmont that no contamination of the fish or the water was happened. In 2004‚ Newmont Minahasa Raya (NMR) began closing down its operations in North Sulawesi‚ leaving local communities
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World Bank together with the IFC invested in a gold mine project at Yanacocha in the mountains of Northern Peru a few miles from the ancient Inca city of Cajamarca and the actual village of La Pajuela. The mine is owned at 51% by US-based Newmont Mining corporation and by Buenaventura of Peru for the remaining shares together with the World Bank which has a 5% ownership stake. It is an economical success for this venture has provided 2‚300 direct jobs and more than 10‚000 indirect jobs in the poorest
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Christian Palomares JUS 444 Critical Essay April 21‚ 2013 Marcopper Mining Corporation The residents of Marinduque Island in the Phillippines have suffered from environmental injustice for the past 40 years. The toxic waste from the Marcopper Mine‚ have devastated the environment and the health of nearby communities. Due to poverty‚ corrupt local government and multinational corporations and the disinterest of the international community‚ the environmental negative effects
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1. MINING INDUSTRIES IN THE PHILIPPINES: * Luis Gonzales Jr. Mining * Goldenboys ‚Inc. * Steelfab Water Solutions Asia Inc. * Fil Edward Rey A. Manila * Mg-gelber Trading Co. * Sytenco Philippines Corporation * Maricalum Mining Corporation * Tangshan Relia Industrial Pump. Co.‚Itd Maricalum Mining Corporation (MMC) in south Negros. Having 2‚673 claims on mining in Barangays Cansauro‚ Hinablan‚ Tao-angan and Hinablan‚ of the towns of Cauayan and Sipalay‚ Negros Occidental
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Environmental studies assignment Ques 1: Mining Mining is the extraction of valuable minerals or other geological materials from the earth. Ores recovered by mining include metals‚ coal‚ oil shale‚ gemstones‚ limestone‚ dimension stone‚ rock salt‚ potash‚ gravel‚ and clay. Mining is required to obtain any material that cannot be grown through agricultural processes‚ or created artificiallyin a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum
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EXECUTIVE SUMMARY The attached report analyzes the financial position of Semirara Mining Corporation. Semirara Mining Corporation is a publicly-listed mining company and a subsidiary of the DMCI Holdings‚ Inc. The company is engage in the business of coal mining and coal production. As of now‚ Semirara Mining Corporation is the only large-scale coal producer in the Philippines and is engaged in surface open cut mining of thermal coal from its Panian mine on Semirara Island‚ in the Antique Province
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Accidents Due To Machinery Welcome to all Participants Trend of fatal Accidents in non -coal Mines Year Fatal Accidents 1998 61 2000 51 2002 52 2004 57 2005 48 2006 62 Accidents due to Machinery in Non – Coal Mines Year Fatal Accidents Due to Machinery 2001 71 33 2002 52 19 2003 52 21 2004 57 26 2005 48 23 2006 62 25 Causes of fatal Accidents due to Machinery‚non coal Mines in 2005 Transport machinery(winding)- nil Transport machinery(other
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Mining Industry Overview Boyi Xie March 5‚ 2012 Michael Porter’s Five Forces Outline • • • • • • • Products Suppliers/Customers Industry Compe?tors Cost Revenue & profit Overall trends Other factors Products • • • • • • • • • • • Aluminum Copper Lead Zinc Gold Silver Uranium oxide Diamonds Stainless Steel Materials Iron Ore Coal Aluminum Zinc Copper Gold Iron ore Diamond Marketing & Customers
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