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Lonmin News

Lonmin second furnace stoppage to reduce first-half sales
31 Dec 2014

Lonmin second furnace stoppage to reduce first-half sales

Miner Lonmin warned of lower sales in the first half of the 2015 financial year after activity was halted at another of its platinum furnaces due to a...

FTSE 250 movers: Oil, gold and metal mining firms on the decline while retail sees an upswing
11 Dec 2014

FTSE 250 movers: Oil, gold and metal mining firms on the decline while retail sees an upswing

Telecom firm Spirent Communications was rising on Thursday after being given a hold consensus recommendation by the 12 ratings firms currently coverin...

FTSE 250 movers: Acacia Mining rockets on broker move
8 Dec 2014

FTSE 250 movers: Acacia Mining rockets on broker move

Precious metal producer Acacia Mining saw its shares rocket as gold and silver prices advanced. The company was also boosted by Deutsche Bank, which l...

Lonmin stops furnace after finding leak
8 Dec 2014

Lonmin stops furnace after finding leak

Shares in mining group Lonmin declined after the company announced that it has stopped one of its furnaces following a leak of molten furnace matte. I...

Lonmin says plan for partial rebuild will not impact 2015 sales, costs
8 Dec 2014

Lonmin says plan for partial rebuild will not impact 2015 sales, costs

LONDON, Dec 8 (Reuters) - Lonmin, the world's third-largest platinum producer, said a plan to rebuild a part of a furnace nine months earlier than sch...

Sector movers: Miners sideswiped as Chinese manufacturing stagnates
20 Nov 2014

Sector movers: Miners sideswiped as Chinese manufacturing stagnates

UK-listed mining stocks were bearing the brunt of the selling pressure on Thursday as disappointing economic data from across the globe - China in par...

FTSE 250 Movers: Miners hit by Chinese data, Inmarsat boosted by new partnership
20 Nov 2014

FTSE 250 Movers: Miners hit by Chinese data, Inmarsat boosted by new partnership

Kaz Minerals' shares plummeted alongside other mining companies Ferrexpo, Lonmin, Vedanta, Evraz Hochschild Mining who took a hit following the releas...

Top six platinum producers launch investment promotion body
18 Nov 2014

Top six platinum producers launch investment promotion body

LONDON, Nov 18 (Reuters) - Six of the world's biggest platinum producers have launched a dedicated body, the World Platinum Investment Council, to pro...