Lonmin PLC (LMI.L)
12 Dec 2013
|Market Cap (Mil.):||£1,715.29|
|Shares Outstanding (Mil.):||569.45|
* Says ongoing wage talks "tough", eyes "sensible" outcome
LONDON, Nov 11 - South African platinum miner Lonmin posted a forecast-beating pre-tax annual profit of $140 million on Monday, recovering from a heavy loss last year as both sales and an effort to contain cost increases exceeded its targets.
JOHANNESBURG, Oct 31 - The hardline AMCU union declared a wage dispute with mining company Lonmin on Thursday, raising the possibility of a strike across South Africa's platinum industry that could hit half of global output.
JOHANNESBURG, Oct 18 - A senior member of South Africa's National Union of Mineworkers (NUM) was shot dead overnight in the restive platinum belt town of Marikana, a union spokesman said on Friday.
LONDON, Sept 9 - South African platinum miner Lonmin, almost 25 percent owned by Glencore Xstrata , has appointed two executives from the commodities group to its board, it said on Monday.
* Agreement recognises hardline union as dominant at Lonmin
JOHANNESBURG, June 26 - South Africa's hardline miners union postponed talks with platinum producer Lonmin , averting an imminent strike, to allow more time for the government to reach a wider stability pact between labour and the mining industry.