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BUMI Bumi

235.00
0.00 (0.00%)
20 Mar 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bumi LSE:BUMI London Ordinary Share GB00B5BLXT62 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 235.00 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Bumi Consortium To Buy Additional 14% Stake In Newmont's Unit

24/11/2009 1:12am

Dow Jones News


Bumi (LSE:BUMI)
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A consortium led by PT Bumi Resources (BUMI.JK) signed an agreement late Monday to buy additional 14% stake in gold miner PT Newmont Nusa Tenggara, or PTNNT, for $493.64 million.

Heriyadi Rahmat, a director of the consortium called PT Multi Daerah Maju Bersaing, told reporters that the consortium is also interested in buying an additional 7% stake in the unit of the Denver-based Newmont Mining Corp. (NEM), which has to be offered to local investors next year.

Monday's deal came after the Multi Daerah consortium last week concluded a purchase of a 10% stake in PTNNT.

-By Deden Sudrajat, contributing to Dow Jones Newswires; 62-21 39831277; I-Made.Sentana@dowjones.com

 
 

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