Tectonic Metals gets funding for gold exploration in Alaska
The company's Flat gold project is located 40 km north of the giant Donlin gold project.
Martiono Hadianto, president director of Newmont Nusa Tenggara, said the gold miner’s IPO is not likely to take place this year.
NNT’s management had planned to hold the IPO during the second half of this year with the long-delayed divestment process completed by mid-April.