marikana

Lonmin can withstand current platinum prices

Lonmin Plc, the world’s third-largest platinum producer, is producing cash and is able to withstand prices for the metal, which have fallen 20% since the start of last year. “Our mantra is to be cash-positive including capex at these current...
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Lonmin brings down operational costs

Battling from an ever decreasing share price, Lonmin [JSE:LON] has managed to stem the cost of mining the platinum group of metals, it said on Thursday. Lonmin’s share price plummeted from close to R100 in August 2012 to its current R7 on the JSE,...

Marikana families file lawsuit

The families of arrested and injured Marikana mineworkers have lodged a claim amounting to R1 billion, one of their legal representatives said on Sunday. “We have submitted claims with regards to the incident in which three people were shot and...