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Lonmin Plc news

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LMI 71.00 +2.75 (4.03%)
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Lonmin Is Said to Breach Social Plan Needed for Mining License
The Department of Mineral Resources issued a so-called Section 93 notice to the platinum miner relating to shortcomings in Lonmin's commitment to local development programs, community education and procurement, said the person, who asked not to be ...
Mining's Biggest Loser Lonmin Is Burning Cash to Stay Alive
“Lonmin can't survive in its current form unless there's a very significant recovery in platinum-group metal prices,” said Marc Elliott, a London-based analyst at Investec Plc with a sell rating on the stock. “I wouldn't be surprised to see them come ...
Lonmin Woes Make Its Stock the Top Sell Call in Johannesburg
Lonmin Plc is struggling to find admirers among analysts, who have doubled the number of sell recommendations on its Johannesburg stock in the past two years.
Lonmin shares jump after 'much improved' performance
Shares in troubled platinum miner Lonmin picked up from their recent record lows on Monday morning, as the company reported a “much improved mining performance” in its third quarter.
Lonmin Jumps Most in 3 Months as Cash Improves After Cost Cuts  Bloomberg
Lonmin cuts costs, builds cash in Q3  Moneyweb.co.za
Lonmin steps up turnround efforts
Lonmin, one of the world's third biggest platinum producers, has announced a three point plan to raise cash and lower costs as it battles tough market conditions and an increasingly uncertain political backdrop in South Africa.
Shorts Pile Into Cash-Strapped Lonmin as Platinum Flounders
Lonmin is the most cash-strapped of the world's three largest platinum miners and its higher costs make the company heavily exposed to moves in the price of the metal, which has dropped by almost half in the past six years.
Could bargain stocks Lonmin plc and Bowleven plc double despite trouble?
Today I'm looking at two troubled commodity stocks. Remarkably, both of these companies trade at a big discount to book value and have net cash on their balance sheets.
Is It Too Late To Buy Lonmin plc (LSE:LMI)?
Lonmin plc (LSE:LMI), a materials company based in South Africa, led the LSE gainers with a relatively large price hike in the past couple of weeks.
Lonmin risks breaking debt covenants as losses mount
South Africa-focused platinum miner Lonmin has warned lenders that it is in danger of breaching financial covenants on its debt facilities, as falling production and a stronger rand meant losses grew substantially in the first half of its financial ...
Lonmin loss widens on impairment charges  MarketWatch
Lonmin Shuts Shafts as South African Community Protests Jobs
Lonmin Plc, the world's third-biggest platinum producer, said some of its mining shafts have been shut for a week after members of the local community disrupted operations while protesting for jobs.
Bapo ba Mogale community protest shuts down Lonmin operations  Citizen