Company Profile For Lonmin PLC
Lonmin PLC (LMI.L) (London Stock Exchange)
sector: Basic Materials ·
industry: Precious Metals & Minerals ·
Overview
Lonmin Plc is a South Africa-based company. The principal activities of the Company during the fiscal year ended September 30, 2008 (fiscal 2008), were mining, refining and marketing of platinum group metals (PGM). All of the Company’s mining operations are located in the Bushveld complex in South Africa. Its Marikana mining operations, on the Western Limb of the Bushveld, contribute around 92% of the Company’s annual production. The Limpopo mine is situated near Polokwane on the Bushveld’s Eastern Limb. At both its operations, Lonmin Plc mines the Upper Group 2 (UG2) and Merensky PGM-bearing reefs.
Quick Financial Synopsis
BRIEF: For the fiscal year ended 30 September 2009, Lonmin Plc's revenues decreased 52% to $1.06B. Net loss totaled $285M vs. an income of $455M. Revenues reflect a decrease in income from Platinum business segment. Net loss reflects increased impairment of available for sale financial assets, an increase in finance expenses, decreased finance income and lower share of profit of associate & joint venture of the company.
Company Address
Lonmin PLC
4 Grosvenor Place
London ENG SW1X 7YL
P: +4420.72016000
F: +4420.72016100
4 Grosvenor Place
London ENG SW1X 7YL
P: +4420.72016000
F: +4420.72016100
Total Employees
25362
Find Out More About LMI.L
Market Update
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Commodities
| Commodity | Last | Pct Chg | Trade Date/Time |
|---|---|---|---|
| Oil | 77.14 | +0.88% | 11/25 13:50 IST |
| Gold | 1178.9 | +1.11% | 11/25 13:30 IST |
