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BDI loses £18m

Companies: BMG   
30/04/2005

AIM-quoted BDI Mining Corporation, which has interests in Indonesian gem projects and gold prospects in Papua New Guinea, lost £18 million last year, writes Robert Tyerman.

BDI is working on the Cempaka and Bobaris Block diamond projects in Kalimantan, Indonesia, and the Woodlark Island gold project in Papua New Guinea, both of which have potentially exciting long-term possibilities. The shares now stand at 28.25p.


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