Bumi bounces but concerns remain

Bumi is up 10.7p on reports that the Jakarta-based miner, PT Bumi Resources, in which it owns 29 per cent is to raise cash by selling non-core assets, to quickly pay down debt.

Bumi is up 10.7p on reports that the Jakarta-based miner, PT Bumi Resources, in which it owns 29 per cent is to raise cash by selling non-core assets, to quickly pay down debt.

Bumi, founded by Nathaniel Rothschild, revealed on September 24th that it had begun investigating "potential financial and other irregularities" in the Indonesian miner.

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