PT Newmont sees copper, gold rise

NEWMONT Mining's Indonesian unit says it expects substantial increases in copper and gold production in 2001 from its Batu Hijau operation on Sumbawa island, West Nusa Tenggara province.

PT Newmont Nusa Tenggara forecast copper output will increase by about 20% over last year to 600 million pounds, and gold production will rise 40% to 400,000 ounces.