Lonmin PLC (LONJ.J)
15 Aug 2018
JOHANNESBURG Miner Impala Platinum will slash about a third of its workforce over two years in one of the biggest rounds of job cuts by one mining company in living memory in South Africa as the platinum industry faces a day of reckoning.
* Mines minister says lay-offs "add injury to insult" (Adds government reaction, embeds graphics)
JOHANNESBURG/LONDON, June 28 Britain's Competition and Markets Authority (CMA) unconditionally cleared Sibanye-Stillwater's proposed takeover of Lonmin on Thursday saying the mining merger would not require a second phase investigation.
* Shares in Sibanye down 28 percent since start of May (Adds non-debt options)
LONDON, May 18 Sibanye-Stillwater is confident its planned purchase of Lonmin will go ahead, but the struggling platinum producer must slow its cash burn, the South African firm's chief executive said.
NEW YORK/LONDON Gold slid more than 1 percent on Tuesday, falling for a third day to hit its lowest this year as a rise in U.S. borrowing costs pushed up the dollar and overshadowed the impact of strife in Gaza.
* Strong U.S. bond yields underpin dollar * GRAPHIC-2018 asset returns: http://tmsnrt.rs/2jvdmXl (Updates prices; adds comment, second byline, NEW YORK to dateline) By Renita D. Young and Maytaal Angel NEW YORK/LONDON, May 15 Gold slid more than 1 percent on Tuesday, falling for a third day to hit its lowest this year as a rise in U.S. borrowing costs pushed up the dollar and overshadowed the impact of strife in Gaza. Downward momentum in gold picked up after th
LONDON Britain's Competition and Markets Authority said it will examine whether a takeover of Lonmin by South Africa's Sibanye-Stillwater would reduce competition, knocking shares in both mining firms.
* Shares in Lonmin, Sibanye fall (Adds Sibanye comment, updates shares)
May 15 Britain's Competition and Markets Authority (CMA) said on Tuesday it would examine whether a takeover by South Africa's Sibanye-Stillwater of miner Lonmin, would lessen competition.