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Thursday, February 16, 2006

Newmont Mining settles Indonesia civil lawsuit for $30 million
David Shucosky at 12:35 PM ET

[JURIST] Newmont Mining Corporation [corporate website; JURIST news archive] agreed on Thursday to settle a civil suit brought by Indonesia for $30 million, ending one of two significant legal battles between the two parties. The settlement comes after Indonesia decided it would not appeal the ruling that dismissed [JURIST report] the $133 million suit [JURIST report] brought against Newmont alleging that the company polluted the area near its operation.

Related criminal charges filed against Newmont's top local executive [JURIST report], American Richard Ness, are still pending, however. A verdict in that trial is expected later this year. AP has more.






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