News: Lonmin PLC (LMI.L)

LMI.L on London Stock Exchange

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Wed, Sep 3 2014

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Glencore says still plans to sell Lonmin stake

JOHANNESBURG - Swiss-based miner and commodities trader Glencore still wants to sell its 25 percent stake in South African platinum producer Lonmin at "the right time," its chief executive said on Wednesday.

UPDATE 1-Glencore says still plans to sell Lonmin stake

JOHANNESBURG, Sept 3 - Swiss-based miner and commodities trader Glencore still wants to sell its 25 percent stake in South African platinum producer Lonmin at "the right time," its chief executive said on Wednesday.

Glencore says still plans to exit Lonmin stake

JOHANNESBURG, Sept 3 - Swiss-based mining company and commodities trading company Glencore still wants to exit its 25 percent stake in platinum producer Lonmin at "the right time," its chief executive said on Wednesday.

UPDATE 1-Lonmin says no decision yet on size and shape of restructuring

LONDON, Aug 26 - Platinum producer Lonmin said it has not made a decision on the size and shape of any business restructuring and its immediate aim is to ramp up production after a crippling five-month platinum strike that hit the sector this year.

Exclusive: Lonmin CEO denies job cuts plan, says focus is on ramp up

JOHANNESBURG/LONDON - The chief executive of platinum producer Lonmin denied assertions from mining industry sources on Monday that the company aimed to cut around 5,700 jobs as part of a drive to restore profits after a five-month strike.

PRECIOUS-Gold eases toward 2-month low on stronger dollar, equities

* Lonmin to cut South African workforce 21 pct -sources (Adds market comment, updates prices; adds byline, NEW YORK dateline)

AFRICA INVESTMENT-Gold mine's reboot shines light on challenge facing platinum

* Reboot process frought with difficulty -Harmony Gold CEO

Lonmin hires mining turnaround specialist as Chief Operating Officer

LONDON, Aug 4 - South African platinum producer Lonmin has appointed turnaround specialist Johan Lesley Viljoen as chief operating officer, as part of an executive reshuffle to help the company recover from a long strike that hit its output and finances.

The final days of South Africa's platinum strike

JOHANNESBURG - Reuters has pieced together a detailed account of the final days of a five-month strike in South Africa's platinum mines, the longest and most costly industrial action in the country's history

How politics nearly ruined deal to end South Africa's longest strike

JOHANNESBURG - Forty-eight hours after talks to end South Africa's longest strike hit a brick wall when the mining minister suddenly pulled out, a bishop and an anti-establishment corporate lawyer engineered a deal at a secret meeting in a ritzy hotel.

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