Lonmin/holgoun – No agreement
FM reports that Platinum miner Lonmin’s (LON:LMI) attitude to an intruder on its mining area seems far more casual than Kumba Iron Ore’s (JNB:KIO).
Articles Tagged "lonmin"
Lonmin to halt output on Thursday for safety audits
Mining Weekly reports that Lonmin (LON:LMI) will cease production at its mining division on Thursday to conduct underground workplace safety audits.
Lonmin Climbs After Report Xstrata Still Wants to Buy Miner
Bloomberg reported that Lonmin Plc jumped the most in one week after reports that Xstrata still wants to buy the platinum miner.
South Africa Aims to “Correct” Mining Rights Law in 2011
Bloomberg reports that large platinum companies in South Africa claim they already have rights to land where Holgoun Group has just been permitted to work. The article states: Impala and Lonmin, the world’s second- and third-largest platinum producers, have challenged the award of permits to a unit of Holgoun Group for land where they say [...]
Lonmin’s First-Quarter Platinum Production Falls 26%
Bloomberg.com reports that Lonmin Plc (LON:LMI) reports that its' Q1 production fell by 26%.
Lonmin Exceeds Profit Forecast and Reinstates The Payment of Dividends
Bloomberg.com reports that Lonmin Plc (LON:LMI) has exceeded fiscal full-year profit estimates and resumed dividend payments , attributed to a rise in both demand and cost.
Lonmin sees platinum market in deficit by 2012
Reuters.com reports that Lonmin (LON:LMI) predicts that the Platinum market will move into a deficit position by 2012.
S.Africa’s NUM to hold fresh wage talks with Lonmin
Reuters.com reports that South African Unions will allow new talks with Lonmin (LON:LMI) regarding pay, but are unwilling to concede on amounts.
Platinum Leader Lonmin Shuts Down Again
Lonmin Plc, 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 [...]
Lonmin Q3 Platinum Sales has dipped, furnace needs rebuild
Lonmin Plc, the world’s third-biggest platinum producer, posted a 1 percent slip in third-quarter refined platinum sales and said its troublesome No. 1 furnace would need another rebuild. For full story, click here
