Bakrie Group expects Rothschild to remain on Bumi board
Key shareholder in Bumi Plc, Bakrie group, expects financier Nat Rothschild to remain on Bumi’s board after a March meeting at which he was expected to be removed from his…
Borneo mines lure Rothschild into the wild
…be one of the biggest listed companies on the London exchange. Now a year later the partnership behind Bumi plc could be on the brink of collapse. See http://www.reuters.com/article/2011/11/14/us-rothschild-bakrie-idUSTRE7AC00420111114. …
Indonesia 's Bakrie to sell 23.8% Bumi stake for $1 bn
…was sealed after Swiss-based Glencore, the world’s largest diversified commodity trader, dropped out of talks on refinancing the Bakrie loan. See http://www.mineweb.com/mineweb/view/mineweb/en/page504?oid=138695&sn=Detail. See also http://www.reuters.com/article/2011/11/01/bakrie-borneo-lumbung-idUSL4E7M102V20111101 http://www.thejakartapost.com/news/2011/11/02/bakrie-sells-part-bumi-stake-repay-bulk-135b-loan.html http://www.bisnis.com/articles/borneo-energy-buys-bumi-plc-through-us$1-billion-transaction http://www.bisnis.com/articles/local-tycoon-to-impede-glencore-in-controlling-bumi-plc-sunday-times http://www.bisnis.com/articles/bakrie-approaches-renaissance-leaving-glencore-sources-say …
Rothschild ‘Confident’ in Bakrie Loan Talks
Nathaniel Rothschild, co-chairman of miner Bumi Plc, says he has “total confidence” that Indonesia’s Bakrie family, Bumi’s largest shareholders, would succeed with plans to refinance a $1.35 billion (855.73 million…
Indonesia cracks down on "illegal" small-scale miners – but what about the bigger companies?
…isn’t solely due to illegal operators, but should also be placed at the door of global giant, BHP Billiton. Bumi plc, recently listed on the London Stock Exchange, is also…