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bumi-resources

Business 9 years ago

Bumi Resources books net profit through thrift measures

Indonesia’s largest thermal coal miner PT Bumi Resources seems to be starting to get back onto its feet as it has finally booked a net profit in 2016, on the back of recent energy efficiency measures.

Business 9 years ago

Bumi Resources expects higher coal sales in 2017

Publicly listed coal mining company Bumi Resources projects its sales to increase by 5 percent to 7 percent this year to around 94 million tons thanks to a brighter outlook for the commodity's price as well as deals with several counterparts.

Business 9 years ago

Bumi Resources to convert $1.99b debt into equity

Indonesia's largest thermal coal miner Bumi Resources will convert some of its debt, worth US$1.99 billion, into equity after securing approval from its creditors.

Business 9 years ago

Kaltim Prima Coal eyes higher production in 2017

Kaltim Prima Coal (KPC), the country’s biggest producer of thermal coal, expects to expand its production to up to 64 million tons in 2017 with support from technological innovation installed in its conveyor belt system.

Business 9 years ago