Newmont in Peru Harvard Case Solution & Analysis

Describes the events associated with Vladimiro Montesinos, Peruvian intelligence chief and adviser to President Fujimori, his network, and interference in the affairs of Newmont Mining Corporation Newmont, an American company founded in 1921, announced its corporate values ​​"themselves with integrity, working loyally, inspiring trust, tell the truth, care for our colleagues and collaborating with our community. " However, February 26, 1998, Lawrence T. Kurlander, vice president met with Newmont Vladimiro Montesinos Torres office Montesinos "in Servicio de intellectuals Nacional (National Intelligence Service) to seek his help in obtaining a favorable resolution for Newmont at odds with the French by the Bureau de Recherches Geologiques etc. Minieres (BRGM) of their common ownership of Yanacocha mine. mine was the richest gold mine in Latin America and one of the largest in the world. BRGM wanted to sell part of its 25% stake in Yanacocha in Normandy, Ltd., Australian mining company. Newmont filed a lawsuit to block the sale and get control of my self-explanatory. dispute made its way to the Supreme Court of Peru. Montesinos secretly taped conversation with Kurlander, as was his habit, and tapes offer a rare inside view, as is done entire business, where the rule of law is subject to political influence. "Hide
by John McMillan and Pablo Zoido Source: Stanford Graduate School of Business 15 pages. Publication Date: August 8, 2003. Prod. #: IB51-PDF-ENG

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