Gold major Newcrest will sell its 75%-owned Gosowong mine, in Indonesia, for $90-million, the Australia-based company has announced.
Newcrest will sell its entire interest in PT Nusa Halmahera Minerals (PTNHM), which operates Gosowing and PT Puncakbaru Jayatama, which employs exploration personnel in Indonesia, to PT Indotan Halmahera Bangkit.