The latest LONMIN PLC news on the web |
Mining news: LONMIN PLCGOLD FIELDS INCREASES 0.31% - REUTERS, BLOOMBERGSource: Business Report Posted: 20/11/2008 GOLD FIELDS increased 0.31% to R64 on the JSE. HARMONY GOLD ESCALATES 3.08% - REUTERS, BLOOMBERG Source: Business Report Posted: 20/11/2008 HARMONY GOLD escalated 3.08% to R67 on the bourse. LONMIN PLUNGES LONMIN PLUNGES 10.04% - REUTERS, BLOOMBERGGOLD FIELDS INCREASES 0.31% - REUTERS, BLOOMBERG Source: Business Report Posted: 20/11/2008 GOLD FIELDS increased 0.31% to R64 on the JSE. HARMONY GOLD ESCALATES 3.08% - REUTERS, BLOOMBERG Source: Business Report Posted: 20/11/2008 HARMONY GOLD escalated HARMONY GOLD ESCALATES 3.08% - REUTERS, BLOOMBERGGOLD FIELDS INCREASES 0.31% - REUTERS, BLOOMBERG Source: Business Report Posted: 20/11/2008 GOLD FIELDS increased 0.31% to R64 on the JSE. Source: Business Report Posted: 20/11/2008 HARMONY GOLD escalated 3.08% to R67 on the bourse. LONMIN PLUNGES 10.04% 9:16am Lonmin slashes jobs, closes minesPLATINUM miner Lonmin is to cut jobs at its head office in London and close mines in South Africa amid plunging prices and productivity. The moves will threaten 2600 jobs, although Lonmin said that 1000 of these involved workers employed by contractors. Lonmin slashes jobs, closes minesPLATINUM miner Lonmin is to cut jobs at its head office in London and close mines in South Africa amid plunging prices and productivity. The moves will threaten 2600 jobs, although Lonmin said that 1000 of these involved workers employed by contractors. LONMIN TO MAKE RADICAL CHANGES - Brendan RyanNORTHAM PLATINUM OUTPUT RISES - Allan Seccombe Source: Finance24.com Posted: 19/11/2008 South Africa’s fourth-largest platinum producer NORTHAM said its smelter rebuild is on track for completion in December and that platinum group metal production in LONMIN TAKES THE BIGGEST KNOCK - REUTERS, BLOOMBERGNORTHAM PLATINUM OUTPUT RISES - Allan Seccombe Source: Finance24.com Posted: 19/11/2008 South Africa’s fourth-largest platinum producer NORTHAM said its smelter rebuild is on track for completion in December and that platinum group metal production in LONMIN CEO BRING IN CHANGES - Brendan RyanGOLD FIELDS has appointed Richard (Rick) Peter Menell, an Independent Non-Executive Director of GOLD FIELDS, to the Audit Committee and the Safety, Health and Sustainable Development Committee, with effect from Thursday, 13 November 2008. SWANA JOINS LONMIN EXPECTED TO REPORT PROFIT RISE - BLOOMBERGGOLD FIELDS has appointed Richard (Rick) Peter Menell, an Independent Non-Executive Director of GOLD FIELDS, to the Audit Committee and the Safety, Health and Sustainable Development Committee, with effect from Thursday, 13 November 2008. SWANA JOINS New Lonmin CEO makes radical changesNEW LONMIN CEO Ian Farmer has introduced sweeping changes, including plans to close the loss-making Limpopo operation as well as cut back on the use of mechanised mining methods on the group’s mines. Lonmin has also passed its final dividend because of UPDATE 2-Lonmin says year EPS up 19 pct, closes minesBy Eric Onstad LONDON, Nov 18 (Reuters) - The world’s third biggest platinum producer Lonmin said it will close some high-cost mines and cut costs on Tuesday to survive a market downturn after posting a 19 percent rise in annual profit. Lonmin, seeking UPDATE 1-Lonmin says year EPS up 19 pct, closes minesLONDON, Nov 18 (Reuters) - The world’s third biggest platinum producer Lonmin posted a 19 percent rise in annual underlying earnings per share on Tuesday and said it would close uneconomic operations amid falling prices. Lonmin, seeking to reassure BRIEF-Lonmin Underlying yr EPS up 18.9% to 351.9 centsLONDON, Nov 18 (Reuters) - Lonmin PLC: * Underlying EBIT up 21.0% to US$963 million * Underlying earnings per share up 18.9% to 351.9 cents * $169 million impairment of assets at limpopo baobab shaft * Maximising output from invested capital including a Lonmin FY08 Net Pft +45%; Closing High-Cost Ops In 09By Jeffrey Sparshott Of DOW JONES NEWSWIRES LONDON (Dow Jones)–Lonmin PLC (LMI.LN), the world’s third-biggest platinum miner, on Tuesday said it would close high-cost operations and cut back on capital expenditure as it reported a 44.9% rise in UPDATE 1-Lonmin says year EPS up 19 pct, closes minesLONDON, Nov 18 (Reuters) - The world’s third biggest platinum producer Lonmin posted a 19 percent rise in annual underlying earnings per share on Tuesday and said it would close uneconomic operations amid falling prices. Lonmin, seeking to reassure BRIEF-Lonmin Underlying yr EPS up 18.9% to 351.9 centsLONDON, Nov 18 (Reuters) - Lonmin PLC: * Underlying EBIT up 21.0% to US$963 million * Underlying earnings per share up 18.9% to 351.9 cents * $169 million impairment of assets at limpopo baobab shaft * Maximising output from invested capital including a Lonmin fiscal-year net profit up 39%, to pass on dividendLONDON (MarketWatch) — Platinum miner Lonmin (UK:LMI:UK:LMINews, chart, profile, moreLast: Delayed quote dataAnalyst Create alertInsider Discuss Financials Sponsored by:, , ) said Tuesday that fiscal year net profit rose to $566 million, from $408 Lonmin shines in weak LondonLONDON (MarketWatch) — Lonmin shares climbed in London on Monday as investors returned to the hard-hit platinum miner a day ahead of the group’s annual results. Lonmin (UK:LMI: news, chart, profile) shares perked up 7.5%, the best percentage gainer in Lonmin shares add luster ahead of update in flattish LondonLonmin shares climbed in London on Monday as investors returned to the hard-hit platinum miner a day ahead of the group’s annual results. Lonmin shares perked up 7.5%, the best percentage gainer in the FTSE 100, though the stock is still down some 71% London Markets: Lonmin shares add luster ahead of update in flattish LondonLonmin (UK:LMI: news, chart, profile) shares perked up 7.5%, the best percentage gainer in the FTSE 100, though the stock is still down some 71% over the last three months. Lonmin shares have struggled both as platinum prices have stumbled and as |
|
