Newmont's gold mine workers in Indonesia started strike , Bumi Resources (BUMI, Rp1,730)

Workers at the Newmont Nusa Tenggara, the Indonesia-based subsidiary of Newmont Mining Corp., the largest U.S. gold producer, began a strike at the Batu Hijau gold and copper mine.  Production  at  the  mine,  Indonesia’s second-largest  copper producer, hasn’t been affected by the strike which began at midnight when about 200 to  300  workers  downed  tools,  Kasan Mulyono, a spokesman at Newmont Nusa Tenggara, said. The company  is responsible for the direct employment of more than 7,000 people, according to its website. Workers planned to stop work for nine days, local newspaper Investor Daily Indonesia reported July 30, citing Zaenuddin Wanden, deputy
head of  the workers union. The strike came after Newmont Nusa Tenggara said it would take legal action against a  ruling  by  the manpower  office  of West  Nusa  Tenggara  province  ordering the company to pay Rp126bn (US$14.1mn) of overtime covering the period from June 2008 to June 2010, the local newspaper Investor Daily said. Newmont Nusa Tenggara  is partly owned by a venture belonging to PT Bumi Resources and  three  local administrations in West Nusa Tenggara. – Bloomberg, Investor Daily