Edition:
India

Lonmin PLC (LONJ.J)

LONJ.J on Johannesburg Stock Exchange

1,360.00ZAc
18 Apr 2019
Change (% chg)

11.00 (+0.82%)
Prev Close
1,349.00
Open
1,315.00
Day's High
1,375.00
Day's Low
1,315.00
Volume
15,077
Avg. Vol
198,653
52-wk High
1,600.00
52-wk Low
650.00

Select another date:

Mon, Mar 25 2019

Photo

Lonmin warns on cash woes, urges shareholders to back Sibanye takeover

Platinum miner Lonmin does not have sufficient liquidity to fund the new projects needed to avoid shaft closures and job losses, it said on Monday as it urged shareholders to back its proposed takeover by Sibanye-Stillwater.

UPDATE 1-Lonmin warns on cash woes, urges shareholders to back Sibanye takeover

March 25 Platinum miner Lonmin does not have sufficient liquidity to fund the new projects needed to avoid shaft closures and job losses, it said on Monday as it urged shareholders to back its proposed takeover by Sibanye-Stillwater.

Lonmin warns on liquidity and persistent challenges

March 25 Lonmin Plc, which is being bought by Sibanye-Stillwater, said it does not have sufficient liquidity to fund the new projects needed to avoid shaft closures and job losses.

S.African court orders miners' union to suspend planned industry-wide strike

JOHANNESBURG, Feb 28 South Africa's labour court has ordered a mineworkers' union to suspend its plans for an industry-wide strike from Feb. 28 to March 7 until it issues a ruling on whether to block the action, the union and producer Lonmin said on Thursday.

Lonmin turns first profit in four years ahead of Sibanye takeover

Lonmin Plc, which is being bought by Sibanye-Stillwater, reported its first annual operating profit in four years as cost cuts by the platinum miner paid off.

UPDATE 1-Lonmin turns first profit in four years ahead of Sibanye takeover

Nov 29 Lonmin Plc, which is being bought by Sibanye-Stillwater, reported its first annual operating profit in four years as cost cuts by the platinum miner paid off.

Lonmin posts FY profit, compared to year-ago loss; warns on Sibanye deal closing

Nov 29 Lonmin Plc, which is being bought over by Sibanye-Stillwater, posted full-year operating profit of $101 million compared with a year-ago loss as cost cutting paid off.

Sibanye shares slide after Lonmin deal approval carries jobs cut freeze

JOHANNESBURG, Nov 22 Shares in Sibanye-Stillwater fell more than 3 percent in early trade on Thursday, a day after South Africa's competition regulator ordered a six-month freeze on job cuts in takeover target Lonmin .

Deals of the day-Mergers and acquisitions

Nov 21 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday:

South African watchdog orders six-month hold on job cuts in Sibanye-Lonmin deal

JOHANNESBURG South Africa's Competition Tribunal on Wednesday approved Sibanye-Stillwater's takeover of troubled platinum producer Lonmin but imposed a six-month moratorium on job cuts.

Select another date: