GCM Resources tries buying off Bangladesh Government

London-based GCM Resources Plc is so desperate to open a huge opencast mine at Phulbari in Bangladesh that it has offered a 30% stake in the company to the government of Bangladesh, in return for open-pit commercial exploration of the Phulbari coal mine. Sources at...
Flogging a Dead Horse: the 2017 GCM Resources AGM

Flogging a Dead Horse: the 2017 GCM Resources AGM

“The overall indication from various departments has not been entirely negative…” Datuk Michael Tang, Executive Chairman, GCM Resources. Report on the GCM Resources AGM, 4 Hamilton Place, London W1, Tuesday 12 December 2017 by Richard Solly, Co-ordinator, London...
GCM Resources at Phulbari: perseverance or perversity?

GCM Resources at Phulbari: perseverance or perversity?

Photo: Phulbari Solidarity Group Report on the GCM Resources AGM, 4 Hamilton Place, London W1, Thursday 15 December 2016 by Richard Solly, Co-ordinator, London Mining Network GCM Resources has only one active project, the Phulbari coal project: this is a plan for an...