



* Hit with losses, Lonmin striving to stay afloat * Seeking $407 mln in massively-discounted share issue * Aims to cut 6,000 jobs by next year to cut ...


(ShareCast News) - Shares in beleaguered platinum miner Lonmin tumbled for the second day in a row as investors rushed for the exits ahead of a highly...


(ShareCast News) - Housebuilders were the standout losers on the FTSE 100 after after Friday´s much stronger-than-expected US jobs report for October ...


(ShareCast News) - Beleaguered platinum miner Lonmin has launched a $407m (£270m) rights issue - a 94% discount to its share price last week - as it s...


* Lonmin to sell 27 billion new shares * Rights issue priced at 1 pence a share * Full-year pre-tax loss widens to $2.26 bln (Adds CEO and analysts ...


(ShareCast News) - Financials were leading gains on the Footsie early on Monday, with utilities and homebuilders again bearing the brunt of the sellin...