Newcrest exits Gosowong

LATE on Friday, Newcrest Mining’s announced it was selling its entire 75% stake in Gosowong, once one of the largest gold mines in Indonesia to Indotan Halmahera Bangkit.

Newcrest exits Gosowong Newcrest exits Gosowong Newcrest exits Gosowong Newcrest exits Gosowong Newcrest exits Gosowong

Gosowong.

The sale of its stake in its holding company, Nusa Halmahera Minerals, is part of a wave of M&A activity that is reshaping the precious metals sector.

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