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Lonmin PLC (LMI.L)

LMI.L on London Stock Exchange

70.95GBp
22 Mar 2019
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Thu, Feb 28 2019

S.African court orders miners' union to suspend planned industry-wide strike

JOHANNESBURG, Feb 28 South Africa's labour court has ordered a mineworkers' union to suspend its plans for an industry-wide strike from Feb. 28 to March 7 until it issues a ruling on whether to block the action, the union and producer Lonmin said on Thursday.

Lonmin turns first profit in four years ahead of Sibanye takeover

Lonmin Plc , which is being bought by Sibanye-Stillwater , reported its first annual operating profit in four years as cost cuts by the platinum miner paid off.

UPDATE 1-Lonmin turns first profit in four years ahead of Sibanye takeover

Nov 29 Lonmin Plc, which is being bought by Sibanye-Stillwater, reported its first annual operating profit in four years as cost cuts by the platinum miner paid off.

Lonmin posts FY profit, compared to year-ago loss; warns on Sibanye deal closing

Nov 29 Lonmin Plc, which is being bought over by Sibanye-Stillwater, posted full-year operating profit of $101 million compared with a year-ago loss as cost cutting paid off.

Sibanye shares slide after Lonmin deal approval carries jobs cut freeze

JOHANNESBURG, Nov 22 Shares in Sibanye-Stillwater fell more than 3 percent in early trade on Thursday, a day after South Africa's competition regulator ordered a six-month freeze on job cuts in takeover target Lonmin .

Deals of the day-Mergers and acquisitions

Nov 21 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday:

South African watchdog orders six-month hold on job cuts in Sibanye-Lonmin deal

JOHANNESBURG South Africa's Competition Tribunal on Wednesday approved Sibanye-Stillwater's takeover of troubled platinum producer Lonmin but imposed a six-month moratorium on job cuts.

UPDATE 3-S.African watchdog orders six-month hold on job cuts in Sibanye-Lonmin deal

* $365 million deal to lead to job cuts (Adds Lonmin CEO comment)

S.African watchdog orders six-month hold on job cuts in Sibanye-Lonmin deal

JOHANNESBURG, Nov 21 South Africa's Competition Tribunal on Wednesday approved Sibanye-Stillwater's takeover of troubled platinum producer Lonmin but imposed a six-month moratorium on job cuts.

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