Private company
GCM Resources
British coal mining company
GCM Resources plc (AIM: GCM), formerly Asia Energy and Global Coal Management, is a mining company quoted in the London Alternative Investment Market. Its major asset and goal is to exploit open cast coal mining opportunities in the Phulbari region of Dinajpur District, Bangladesh.2 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
Overview
- Industrymining of coal1
- HeadquartersLondon1
- Websitewww.gcmplc.com
- Legal formPublic Limited Company3
- LEI213800MXX5QHZNHCDU553
- StatusActive3
- LEI statusIssued and current3
- Registered address3 BUNHILL ROW, EC1Y 8YZ London, United Kingdom3
- Registered withCompanies House, 049131193
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GCM Resources plc (AIM: GCM), formerly Asia Energy and Global Coal Management, is a mining company quoted in the London Alternative Investment Market. Its major asset and goal is to exploit open cast coal mining opportunities in the Phulbari region of Dinajpur District, Bangladesh.2
Controversies and legal
2006 Phulbari incident
On 30 August 2006 six protesters were shot dead, allegedly by paramilitary forces, and 300 were injured when a crowd of 30,000 people stormed the local offices of Asia Energy. Further unrest occurred the days after the shootings, when widespread half-day strikes were organised across the country, and another 20 people were injured. The Bangladesh government banned further protests at the mine site.
Gary Lye, chief executive of Asia Energy Corporation (Bangladesh) Pty Ltd, was quoted as saying, "It is up to the authorities to determine exactly what happened, but it would appear that the unforgivable events and the needless loss of life and suffering that took place yesterday in Phulbari are entirely the fault of the organisers (of the protest)". Asia Energy had its right to mine in Bangladesh withdrawn. Asia Energy said that fewer people would be displaced and they would be compensated. Spokesmen noted the benefits of the $1.1bn (£700m) project. The government closed the mine at the time because of the violent protests.
A 2009 leaked US diplomatic cable showed that American diplomats pressured the Bangladeshi government to reopen the Phulbari Coal Project with GCM. As of late 2010, there was still potential to proceed with the project.
From Wikipedia’s article on GCM Resources, shared under CC BY-SA 4.0.4
Timeline
- Sep 2003Founded Founded1
Links
- Websitewww.gcmplc.com1
- WikipediaGCM Resources
- WikidataQ5513002
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataGCM Resources on Wikidata
- 2WikipediaGCM Resources on Wikipedia
- 3
- 4