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Lonmin News

Hobbled by 2014 strike, South Africa platinum producers brace for wage talks
8 Jul 2016

Hobbled by 2014 strike, South Africa platinum producers brace for wage talks

* Platinum firms plead poverty, cite low metal prices * Unions seek wage hikes well above 6.1 pct inflation * 2014 union strike hurt producers, led to...

UPDATE 1-South Africa's AMCU union to start wage talks with platinum firms next week
7 Jul 2016

UPDATE 1-South Africa's AMCU union to start wage talks with platinum firms next week

* Union wants $850 minimum wage from platinum industry * AMCU led 5-month work stoppage over pay in 2014 * South Africa's platinum sector hit by risin...

South Africa's AMCU union to start wage talks with platinum firms next week
7 Jul 2016

South Africa's AMCU union to start wage talks with platinum firms next week

JOHANNESBURG, July 7 (Reuters) - The largest union in South Africa's platinum industry said on Thursday it would begin wage talks with Anglo American ...

Wednesday broker round-up
15 Jun 2016

Wednesday broker round-up

(ShareCast News) - Arrow Global Group: Goldman Sachs reiterates buy with a target price of 340p. Crest Nicholson: JP Morgan keeps at overweight with a...

Broker tips: Wood Group, Jimmy Choo, Lonmin
15 Jun 2016

Broker tips: Wood Group, Jimmy Choo, Lonmin

(ShareCast News) - Shares in oil and gas services company Wood Group rose on Wednesday as Jefferies initiated its rating on the stock at 'buy'. "The c...

UBS cuts Lonmin to 'sell' on stretched valuation
15 Jun 2016

UBS cuts Lonmin to 'sell' on stretched valuation

(ShareCast News) - UBS downgraded Lonmin to 'sell' from 'neutral' but lifted the price target to 140p from 110p, saying the valuation looks stretched ...