The most explosive boardroom battle of recent times has resulted in defeat for Nat Rothschild as shareholders voted against 19 of his 22 resolutions, leading the way for the Bakrie family to buy back Bumi’s 29 per cent stake in Bumi Resources and cancel their 23.8 per cent Bumi shareholding

Nat Rothschild, the financier who created Asia Mineral Resources predecessor Bumi

Asia Resource Minerals drops directors

Walton and Salmon jettisoned

Asia Resource Minerals chief executive quits

Von Schirnding leaves miner after completing Bakrie separation

Lombard

The Bumi affair will continue to be a blight on the City
Stake sale by the Bakries camp reduces Rothschild’s chances of ousting the board
Bumi makes London look like the kind of second-rate bourse that specialises in speculative mining plays

Asia Resource ditches UK delisting plan

Lack of consensus among investors prompts miner to shelve idea

Tan seeks Asia Resource delisting

Prospect of another retreat by an EM resources group

Rothschild’s lesson in how not to tweet

The stakes are usually too high to make it worth indulging in rancour, writes Jonathan Ford

Nat Rothschild
©Charlie Bibby

Bumi divorce sealed in Twitter acrimony

Nat Rothschild and Bakrie family member feud in public

Lombard: Twitter slapfest over Bumi

When it all goes wrong, you can retreat with minimal comeback

Nat Rothschild
©Charlie Bibby

ARMS to unwind Bakrie venture

End to months of efforts towards split

Deal to separate Bumi unit faces failure

Proposed separation will be dropped if funds are not forthcoming

Rebranded Bumi appoints chairman

Walton’s appointment follows approval of restructuring deal

Bumi to be erased from LSE

Shareholders approve split with Indonesia’s Bakrie family

Rothschild to back Bumi separation plan

Founder’s support could help end strife at miner with the Bakries

Bumi closer to cutting ties with Bakries

London-listed coal miner confirms funding for split

Bumi coal stock pile PICN

Bumi dealings probed by UK watchdog

London-listed miner to seek approval for name change

Judgment matters more than reform

FCA publishes proposals to tighten UK listing rules

Bumi coal production rises

Mining group brings forward figures to include them in circular

Indonesia tycoons buy Inter Milan stake

Trio led by Thohir take 70% stake through capital increase

Bumi Resources agrees $1.3bn loan revamp

Jakarta-listed coal miner to swap portion of debt into equity

FCA suspected Hannam of criminal offence

Dealmaker was interviewed under caution, tribunal told

Hard stop would limit costs of bank rules

2018 a suitable deadline to stop regulatory merry-go-round

Soft demand puts thermal coal at 2009 low

Price has fallen 17% since January

Bumi steps up oversight at Indonesia arm

London-listed miner’s earnings fall despite rise in output

Ferrexpo holds off Brazilian rivals

Falling transport costs help iron ore producer boost sales

Esure hit after dividend disappoints

Maiden interim dividend disappoints investors

Randgold rises as investors seek bargains

Gold miners still vulnerable but sector gloom overdone

Sports Direct reserves dividends for staff

Company is providing a £135m bonus pool for around 2,000 employees

Bumi agrees sale plan with Bakrie family

Agreement over Bumi Resources stake would help to sever ties

Tan makes bid to increase Bumi stake

Coal miner’s chairman offers to buy Bakrie family’s 23.8% holding

‘King of mining’ court battle splits City

Hannam challenge will help define what constitutes inside information

Sibanthracite eyes $850m valuation

Russian miner set to list on main London market

Hannam appeal is key reputational test

Case will help clarify what constitutes inside information

How Rich sapped power of Seven Sisters

One way to remember Rich is as flawed champion of free markets

Bumi to recover $173m of queried payments

Potential claims against former director waived

©Ingram Pinn

The City’s protection rules go too far

London’s proposals to prevent ENRC-style scandals are oddly undemocratic

Bumi

Bumi’s share trading suspension continues

Indonesia-focused coal miner still in talks with UK regulators

Bumi lines up BP veteran as chairman

John Manzoni has agreed to join the miner

Bumi Resources in Australia legal fight

Indonesian coal miner launches action against Leighton

Bumi reveals missing payments top $201m

Coal miner reports annual pre-tax loss of $2.4bn

BAE set on finding the right person

Opening doors overseas is key to the job

Vitaly Nesis, CEO of FTSE-100 miner Polymetal, photographed in the offices of his PR this morning.
©Charlie Bibby

Polymetal chief Nesis says don’t panic

Company faces ejection from FTSE 100 after shares fell a third