The $1 billion mine in the north of the Sumatra island was designed to produces 250,000 ounces at full tilt by next year but has been hit by blockades and unrest over environmental issues.
Newmont Nusa Tenggara, a subsidiary of Colorado-based Newmont Mining (NYSE:NEM), announced it would let go 100 workers.
Many Western firms including US-based Freeport McMoRan whose giant Grasberg gold and copper mine in west Papua is the world's largest producer of the precious metal have been hit by strikes and disruptions.
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