Lonmin PLC (LONJ.J)
23 May 2018
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.
* GRAPHIC: https://reut.rs/2KmVuY7 (Adds detail, quotes, analysts, shares, Johannesburg dateline)
LONDON, May 14 Lonmin said on Monday it narrowed its first-half operating loss and lowered its spending target for the year as the platinum miner prepared for a merger with Sibanye-Stillwater,
* Sibanye says results don't affect its takeover plan (Adds detail)
LONDON Plans to cut around 13,000 jobs are likely to be the biggest obstacle to miner Sibanye-Stillwater winning South African regulatory approval for its proposed takeover of troubled rival Lonmin , the CEO of Lonmin told Reuters.