Lonmin surges as cash improves after cost cuts

2017-07-17 13:33

Lonmin has climbed the most in more than three months as the platinum miner kept costs down in the latest quarter, helping it generate cash.

Shorts pile into cash-strapped Lonmin as platinum flounders

2017-06-27 08:37

The last time there was so much short-selling on Lonmin, the platinum miner was weeks away from a life-saving rights issue.

Platinum mines under fire

2017-05-14 06:15

With an industry already on its knees, community protesters are now causing major disruptions to platinum production.

Lonmin shuts shafts as community protests jobs

2017-05-11 13:25

Lonmin says some of its mining shafts have been shut for a week after members of the local community disrupted operations while protesting for jobs.

Better prices needed for platinum - Lonmin

2017-02-08 16:27

Platinum prices will recover only marginally in 2017, analysts predict.

SHARE WATCH: Spotlight on selected resources, retailers

2017-01-30 15:27

Overberg Asset Management analyst Kirk Swart looks at recent noteworthy movements in resources and retail stocks in this week's five shares to watch.

Police being used as 'scapegoats' to protect those behind Marikana massacre - Amcu

2016-12-13 16:12

Senior police officers are being used as a scapegoat to protect those behind the Marikana massacre says Amcu leader Joseph Mathunjwa.

EFF welcomes action on Farlam recommendations

2016-12-13 06:20

The EFF on Monday welcomed the steps being taken by various government departments to implement the Farlam Commission of Inquiry’s recommendations.

Lonmin must improve housing plan or face losing its mining rights: Zuma

2016-12-11 18:11

The Department of Mineral Resources plans to ask mining giant Lonmin for a compliant housing plan and may revoke the company's mining rights if it doesn't receive it, President Jacob Zuma has said.

Amcu to unveil pay demands, R12 500 still on cards

2016-10-24 19:18

The Association of Mining and Construction Workers Union will make public a “comprehensive and final” set of pay and conditions demands for the platinum sector.


Lonmin mining performance improves in third quarter

2017-07-17 10:03

Platinum producer Lonmin says it has sustained its mining performance improvement since March 2017 into the third quarter of 2017.

Lonmin buys remaining stake in Pandora, amid flat results and strike

2017-05-15 08:53

Lonmin has agreed to buy 7.5% of Pandora mines for R45.565m from Northam Platinum’s Mvelaphanda Resources to become the 100% owner.

Community demands 1 500 jobs at Lonmin

2017-05-11 19:12

Members of the Bapo Ba Mogale community are demanding 1 500 jobs at Lonmin’s operations, resulting in the closure of some mining shafts for a week.

SA miners need tech upgrade to revive its status as king of gold

2017-03-24 08:53

South African producers will need to develop technology to fit its mines rather than using machines developed for elsewhere in the world, an expert explains.

Marikana Support Campaign calls for release of activist

2017-02-07 20:06

The Marikana Support Campaign has called for the release of a local activist, Napoleon Webster, who is accused of murder.

Lonmin's platinum production at Marikana drops

2017-01-26 12:06

The unit costs of platinum production will remain under pressure for the foreseeable future until there's a sustained improvement in production throughput from mining, said Lonmin.

Lonmin will comply despite unfavourable economic climate

2016-12-13 06:53

Lonmin is confident it will submit a housing plan that is compliant, after President Jacob Zuma announced steps taken to implement the Farlam Commission recommendations.

Lonmin's licence under threat

2016-12-12 12:30

The government has threatened to remove Lonmin’s mining licence for failing to improve workers' living conditions, four years after the Marikana massacre.

SA platinum producers dodge strike bullet

2016-11-01 15:24

The world’s three biggest platinum producers all reached three-year wage deals with the Association of Mineworkers and Construction Union without losing one day to a strike.

NUM calls dispute at Amplats over pay ‘insult’

2016-09-20 19:20

The National Union of Mineworkers has declared a wage dispute after an offer from Amplats which it deemed an “insult.”

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