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Coal Miner Bumi Says Output on Track after Q3 Jump
Nov. 17, 2011 12:15PM PST
Industrial Metals InvestingReuters reported that Bumi Plc (LSE:BUMI) expects to increase coal production while trimming debt.
Reuters reported that Bumi Plc (LSE:BUMI) expects to increase coal production while trimming debt.
As quoted in the market news:
Indonesia-focused Bumi, which made headlines recently as tensions rose between key shareholders, on Thursday announced the planned repayment of $482 million of short-term investments to part-owned PT Bumi Resources as part of efforts to cut its $3.2 billion debt.