Indonesia: Court refuses to bargain with Newmont over pollution case
Date: 9 Dec 2004
Newmont Mining Corp will have to defend itself in court over the major Buyat Bay pollution allegations, Indonesia's environment minister has announced. Six of the company's executives have indictments against them in a case that now should be filed early in the new year.
Newmonth chief executive Wayne Murdy had, days before, visited Indonesia and had discussions with the government, but the government has said that there will be "no bargaining". The company is accused of having polluted Buyat Bay and making people ill through contamination to the food chain.
The company denies the allegations, and has argued that a long drawn-out process is not in the interests of any of the stakeholders of the action.
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In a recent article, the BBC's economics editor Robert Peston highlighted the fact that in 2012 the chances are that the economy - punch drunk as it is from the various flavours of debt crisis it has been pummelled with over the course of the year - will be hit by the collapse of a major bank and / or government.
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