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Lonmin Share News (LMI)
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Lonmin News
UPDATE 3-Lonmin sees full-year cash costs below guidance
* Cash costs expected below 10,800 rand per oz * To cut output by 100,000 oz per year by end-2017 (Adds CEO comments) JOHANNESBURG, Aug 27 (Reuters)...
South Africa's platinum industry "extremely ill" -Lonmin CEO
JOHANNESBURG, Aug 27 (Reuters) - Lonmin 's chief executive said on Thursday that 80 percent of South Africa's platinum production was making a loss an...
Lonmin highlights good progress on costs
(ShareCast News) - Platinum miner Lonmin said on Thursday that it has cut 1,400 jobs so far out of an estimated 6,000 as it gave an update on its prog...
Lonmin expects full-year underlying cash costs below guidance
Aug 27 (Reuters) - Platinum producer Lonmin Plc expects full-year underlying cash costs to stay below its guidance of 10,800 rand ($826) per ounce, t...
BUZZ-UK mining cos: Citi downgrade cuts short rebound
** London-listed mining cos resume slide after Citigroup cuts its price target on a raft of cos to reflect lowered commodity price forecasts ** "We be...
FTSE 250 movers: Vedanta surges but Lonmin slumps as platinum prices drop
(ShareCast News) - London's FTSE 250 was firmly on the front foot on Tuesday, trading up 2.7% at 16,643.57 by 1600 BST, bouncing back from sharp falls...
UPDATE 1-South Africa's mining industry to sign jobs pact - govt
* Mining sector to sign a pact to reduce job cuts * Companies shedding jobs as metal prices slide, costs rise * High unemployment a politically thorny...
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