An Indonesian consortium, led by veteran investment banker Agus Projosasmito, is seeking funding for a potential bid for control of Newmont Mining Corp.’s copper operations in the country, people with knowledge of the matter said. The bidding group has approached banks about financing an offer for a majority stake in local operating company PT Newmont Nusa Tenggara, which could fetch as much as $3 billion, according to the people, who asked not to be identified as the...
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