Suvarna Garge (Editor)

Bumi Resources

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Type
  
Public IDX: BUMI

Revenue
  
3.5 billion USD (2014)

Founded
  
1973

Website
  
www.bumiresources.com

Headquarters
  
Jakarta, Indonesia

Number of employees
  
35,000


Key people
  
Kusumo A. Martoredjo, President Commissioner Saptari Hoedaja, President Director

Stock price
  
BUMI (IDX) IDR 324 +4.00 (+1.25%)6 Mar, 4:15 PM GMT+7 - Disclaimer

Subsidiaries
  
Bumi Resources Minerals, Bumi Mauritania Sa

Bumi resources minerals on prudential s 10 share hold


Bumi Resources is one of the largest mining companies in Indonesia structured as a holding company . It is reputedly the biggest thermal coal producer in Indonesia and is majority owned by the Bakrie Group.

Contents

Interview pt bumi resources commissioner nalinkant rathod


History

The company was initially established by the name of PT Bumi Modern in 1973 and engaged in the hospitality and tourism industry. It conducted its initial public offering in 1990 and transformed its core business from hospitality and tourism to oil, natural gas, and mining in 1998. The company changed its name to PT Bumi Resources Tbk in 2000.

Subsidiaries

  • PT Kaltim Prima Coal (KPC): operates approximately 90,000 hectares of coal mining concessions in East Kalimantan province.
  • PT Arutmin Indonesia: operates approximately 70,000 hectares of coal mining concessions in South Kalimantan.
  • PT Fajar Bumi Sakti: manages a total concession area of 8,250.5 hectares in East Kalimantan.
  • PT Pendopo Energi Batubara: owns a concession area of 17,840 hectares in South Sumatera.
  • PT Bumi Resources Minerals Tbk: operates other (non-coal) mining assets.
  • Gallo Oil (Jersey) Ltd.: operates two oil and gas exploration concessions in the Republic of Yemen.

    • References

    Bumi Resources Wikipedia
    (Text) CC BY-SA