Less Ads, More Data, More Tools Register for FREE

Pin to quick picksLonmin Share News (LMI)

  • There is currently no data for LMI

Lonmin News

UPDATE 2-Glencore to spin-off Lonmin stake, cut spending to counter price rout
11 Feb 2015

UPDATE 2-Glencore to spin-off Lonmin stake, cut spending to counter price rout

* To cut capex to $6.5 bln-$6.8 bln vs previous $7.9 bln goal * To spin-off 23.9 pct Lonmin stake to Glencore shareholders * Lonmin shares down 6 pct,...

BUZZ-Lonmin: Spooked by Glencore's planned exit
11 Feb 2015

BUZZ-Lonmin: Spooked by Glencore's planned exit

** The platinum producer's shares down as much as 6.6 pct after commodities trader Glencore Plc said it intends to divest its stake in Lonmin ** Glenc...

Glencore to divest Lonmin stake, cut expenditure to counter to weak prices
11 Feb 2015

Glencore to divest Lonmin stake, cut expenditure to counter to weak prices

LONDON, Feb 11 (Reuters) - Miner and commodities trader Glencore plans to divest its stake in platinum producer Lonmin and to cut capital expenditure ...