The US mining giant Newmont has agreed to pay Indonesia US$30 million in an out of court settlement over alleged pollution in North Sulawesi.
The Indonesian authorities claim residents on an island in North Sulawesi province, about 1,300 miles north east of Jakarta, have suffered serious skin diseases and neurological disorders after being exposed to abnormally high levels of heavy metals including toxic mercury and arsenic.
Newmont Mining Corporation share prices dropped 34 cents to close at US$54.82 yesterday.
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This Blog archives the random writings of Azlan Adnan as well as eclectic stuff by other writers that he likes and thinks deserve a wider audience. Azlan's Book Reviews are not available here, but are archived at his Fan Club. Only recent posts are shown on this page. If you want to see older posts, please click on the monthly archives. Please read the Legal Notice. Please do not access this blog if you do not agree to the terms and conditions or do not understand any of it.
Thursday, February 16, 2006
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