Platinum Investing News » Lonmin closes mines, defers projects as EPS rises

Lonmin closes mines, defers projects as EPS rises

November 24, 2008 @ 9:33 am In Platinum Company News

Lonmin, the world's third-biggest platinum producer, said on Tuesday it will close some high-cost mines and cut costs to survive a market downturn, after posting a 19 percent rise in annual profit.

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