Platinum Investing News » Platinum Leader Lonmin Shuts Down Again

Platinum Leader Lonmin Shuts Down Again

May 24, 2010 @ 6:51 pm In Platinum Company News

Lonmin Plc ^[1], the world's third-biggest platinum producer, closes again for another 25-30 days because of its smelter failure. The company operates in South Africa.

Analyst Charles Kernot at Evolution Securities is quoted saying:

"Lonmin's troubled smelter has failed yet again, further undermining the company's outlook for the rest of this year."

Click here to access the entire news ^[2]

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URLs in this post:

[1] Lonmin Plc: http://www.lonmin.com/

[2] Click here to access the entire news: http://www.mineweb.com/mineweb/view/mineweb/en/page35?oid=105299&sn=Detail