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Lonmin PLC (LMI.L)

LMI.L on London Stock Exchange

76.50GBp
14 Dec 2017
Change (% chg)

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Prev Close
76.50
Open
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Day's High
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Day's Low
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Volume
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Avg. Vol
2,128,983
52-wk High
186.75
52-wk Low
55.75

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About

Lonmin Plc is a producer of platinum group metals (PGMs). The Company is engaged in the discovery, extraction, refining and marketing of PGMs. The Company's segments include PGM Operations, Evaluation, Exploration and Other. Its geographical segments include The Americas, Asia, Europe and South Africa. The PGM Operations segment... (more)

Overall

Beta: 3.63
Market Cap(Mil.): £216.14
Shares Outstanding(Mil.): 282.78
Dividend: --
Yield (%): --

Financials

  Industry Sector
P/E (TTM): -- 8.68 16.04
EPS (TTM): -- -- --
ROI: -- -2.37 35.70
ROE: -- -4.15 15.40

Jobs the centre-piece of Sibanye-Lonmin merger scrutiny: Lonmin CEO

LONDON Plans to cut around 13,000 jobs are likely to be the biggest obstacle to miner Sibanye-Stillwater winning South African regulatory approval for its proposed takeover of troubled rival Lonmin , the CEO of Lonmin told Reuters.

1:05pm EST

UPDATE 1-UK Stocks-Factors to watch on Dec 15

Dec 15 Britain's FTSE 100 index is seen opening down 13 points on Friday, according to financial bookmakers, with futures down 0.20 percent ahead of the cash market open.

2:41am EST

UK Stocks-Factors to watch on Dec 15

Dec 15 Britain's FTSE 100 index is seen opening down 13 points on Friday, according to financial bookmakers. * OLD MUTUAL: The chief of Old Mutual Global Investors (OMGI) Richard Buxton is nearing a 550 million pound buyout of the company, according to a person familiar with the matter. * BP: BP plans to invest $200 million in Europe's largest solar power developer Lightsource, with a 43 percent stake buy, the Financial Times reported on Friday. http://on.ft.com/2Bq

1:18am EST

PRECIOUS-Gold dips, off one-week high after strong U.S. data

* Dollar bounces back from one-week low * U.S. retail sales data stronger than expected * Platinum shrugs off Lonmin takeover (New throughout, updates prices, market activity and comments, adds second byline and NEW YORK dateline) By Renita D. Young and Eric Onstad NEW YORK/LONDON, Dec 14 Gold dipped slightly on Thursday, easing off a one-week high as the dollar rebounded following strong U.S. retail sales data, while palladium rose to its highest since February

Dec 14 2017

South Africa's Sibanye-Stillwater to be No. 2 platinum miner with Lonmin buy

LONDON/JOHANNESBURG South Africa's Sibanye-Stillwater agreed to buy troubled miner Lonmin for about 285 million pounds ($382 million) to create the world's No. 2 platinum producer in a bid to ride out depressed prices for the metal.

Dec 14 2017

Lonmin labor union considers taking action to fight Sibanye takeover

LONDON Lonmin's main labor union in South Africa said on Thursday it would consider mass action to oppose the takeover of the struggling platinum miner by Sibanye-Stillwater , which Sibanye has already said will lead to 12,600 job cuts.

Dec 14 2017

UPDATE 5-South Africa's Sibanye-Stillwater to be No. 2 platinum miner with Lonmin buy

* Lonmin underperforms peers: http://bit.ly/2zbL36M (Updates with union comment, closing Lonmin shares)

Dec 14 2017

Breakingviews - South African gold giant throws Lonmin a lifeline

LONDON (Reuters Breakingviews) - A South African giant has come to Lonmin’s rescue. Gold miner Sibanye-Stillwater has offered to buy the troubled platinum specialist for shares worth 246 mln pounds. The offer is far from generous when compared with available cost savings. But Lonmin’s financial woes and inability to raise equity make a share of a larger group look attractive.

Dec 14 2017

Banks drag European shares down as investors await Draghi

LONDON Weakness in bank stocks dragged European shares lower on Thursday as the financial sector caught the cold from U.S. and Asian trading after a less hawkish than expected tone from the U.S. Federal Reserve.

Dec 14 2017

Banks drag European shares down as investors eye BoE, ECB meetings

LONDON, Dec 14 Weakness in bank stocks dragged European shares to a downbeat open on Thursday as financial sectors caught the cold from U.S. and Asian trading which suffered from a less hawkish than expected tone from the U.S. Federal Reserve.

Dec 14 2017

Earnings vs. Estimates