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Lonmin News

London close: Stocks erase gains despite Greek repayment, China rate cut
11 May 2015

London close: Stocks erase gains despite Greek repayment, China rate cut

After a positive start, UK stocks dropped into the red by the close on Monday despite positive news emanating from Greece, which has come good on its ...

FTSE 100 movers: Royal Mail surges on Whistl funding crisis
11 May 2015

FTSE 100 movers: Royal Mail surges on Whistl funding crisis

Royal Mail topped the risers after rival postal firm Whistl revealed it has halted deliveries because private equity backer LDC had pulled out of fund...

London midday: Miners rise on Chinese easing, but Greek concerns limit gains
11 May 2015

London midday: Miners rise on Chinese easing, but Greek concerns limit gains

UK stocks rose on Monday with miners leading the way following a rate cut in China, though upside was limited on the back of continuing concerns about...

UPDATE 2-Lonmin acts to offset 2 more years of weak platinum price
11 May 2015

UPDATE 2-Lonmin acts to offset 2 more years of weak platinum price

* Maintains annual sales guidance * Trims capital spending * Delays development of K4 mine shaft (Adds CEO comments, details on plan to withstand we...