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News: Lonmin PLC (LMI.L)

LMI.L on London Stock Exchange

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29 Apr 2016
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Tue, Apr 19 2016

Platinum producer Lonmin appoints new CFO

April 19 South Africa-focused platinum producer Lonmin said it appointed Barrie van der Merwe as its chief financial officer with effect from May 17.

UPDATE 2-Platinum producer Lonmin says CFO Scott to step down

April 12 South Africa-focused platinum producer Lonmin on Tuesday said Simon Scott would step down as chief financial officer and that the company is looking for a successor.

Lonmin says CFO Scott to step down

April 12 South Africa-focused platinum producer Lonmin on Tuesday said Simon Scott would step down as chief financial officer and that the company is looking for a successor.

Lonmin CEO says will not shy away from merger or takeover

CAPE TOWN, Feb 9 Lonmin will not "shy away" from a merger or takeover but for now the company was focused on its plan to survive tough market conditions, its chief executive said on Tuesday.

Lonmin says third-largest shareholder divests stake

Jan 4 Platinum producer Lonmin Plc said in a regulatory filing that Kagiso Asset Management sold nearly 33 million shares in the company in December, fully divesting its stake.

South Africa's PIC increases stake in platinum miner Lonmin

JOHANNESBURG, Dec 14 South Africa's Public Investment Corporation (PIC) has increased its stake in platinum producer Lonmin to almost 30 percent after buying more shares via the company's rights issue.

Lonmin shareholders shun crucial $400 million rights issue

JOHANNESBURG Platinum producer Lonmin's deeply discounted $400 million rights issue was undersubscribed, forcing the company's underwriters to buy shares in the company, showing that investors are losing faith in the beleaguered mining sector.

UPDATE 3-Lonmin shareholders shun crucial $400 mln rights issue

* Shares fall more than 7 percent (Adds results of rump placing, analyst comment; updates shares)

Lonmin says $400 million rights issue undersubscribed

JOHANNESBURG, Dec 11 Beleagured platinum producer Lonmin said on Friday its deeply discounted $400 million share issue was undersubscribed with about 71 percent taken up.

UPDATE 3-Lonmin shareholders approve crucial cut-price rights issue

* Concerns over viability of business remain (Adds Old Mutual, Investec stakes)

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