"We must assure that all stakeholders would support the creation of values in Newmont. In case of a lack of good governance we would emphasize that good governance is maintained there. And so the mining industry could give a good added value," he said here on Monday.
He said the mining company had potentials to develop moreover now when investment climate in the country is already improving.
The minister hoped the planned divestment could benefit the mining industry as a whole.
"The potential for expansion is still large. The government plans to give an added value to Newmont because we are hoping the company could become a national pride. We wish the format later will be sound really reflecting the presence of the central government in mining investment," he said.
He said however that although the government had been determined to buy the divestment shares it would still take time to process the planned purchase.
"I wish to tell that the government really will buy the Newmont shares but there are still options needing further processing," he said.
He said there were conditions that had to be improved such as legal aspects, processing and other commercial aspects.
"We will assure that good corporate governance, sound financial principles will always be implemented in Newmont," he said.(*)
Editor: Aditia Maruli Radja
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