Lonmin Beats Earnings Estimates, Sees ‘Flat’ Prices in 2012 on Instability
Bloomberg reported Lonmin Plc (LSE:LMI) beat fiscal full-year profit estimates as demand for metals and prices rose.
Articles Tagged "lonmin"
S.Africa’s Stocks Close at Near 3-Month High
Reuters Africa reported South African stocks closed at their highest level in nearly three months as demand for resources firmed.
Lonmin Gives Cyril a Fair Crack at the Platinum Mining Whip
Mining Weekly reported Lonmin (LON:LMI) is giving Cyril Ramaphosa’s Shanduka a fair crack at the platinum mining whip.
South African Stocks: Anglo Platinum, Impala, Massmart, SacOil
Bloomberg reports the FTSE/JSE Africa All Share Index fell for a third day, declining 327.12, or 1 percent, to 31,517.90 in Johannesburg.
Lonmin Considers Building Third Furnace in Effort to Boost Platinum Target
Bloomberg reports Lonmin Plc (LON:LMI) started a prefeasibility study on a third furnace as the company begins to expand to reach it 2015 production goal.
Lonmin to Spend $400m a Year to Grow Platinum Output
Mining Weekly reports that Lonmin (LON:LMI,PINK:LNMIY,JNB:LON) has revised its capital expenditure to about $400-million a year until 2015.
Lonmin Could Miss Its Platinum Output Target Due to Karee Strike, RBC Says
Bloomberg reports Lonmin Plc (LON:LMI) could fall short of its annual output target by about 2 percent if a strike at its Karee mine in South Africa continues.
South African Stocks: Anglo, Lonmin, Sasol, Taste Holdings Move
Bloomberg reports some metals companies' stocks have seen significant changes today.
Lonmin starts sacking 9,000 over Marikana strikes
Reuters Africa reports Lonmin (LON:LMI,PINK:LNMIY) has dismissed 9,000 workers in South Africa after a union dispute prompted unsanctioned walk-offs.
Aquarius Platinum, Lonmin: South African Equity Preview
Bloomberg reports that the FTSE/JSE Africa All Share Index rose 9.29, or 0.03 percent, to 32,668.15 in Johannesburg on April 26.
