(Reuters) - 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 also said on Thursday ...

JOHANNESBURG/LONDON (Reuters) - Troubled platinum producer Lonmin plans to cut spending on social and labour projects and freeze "non-critical" recruitment, part of an array of measures to save cash, ...

Mining company Lonmin on Tuesday denied it had deducted a R2000 bonus from its workers' payslips. “In recent weeks it has emerged that some Lonmin employees were under the mistaken impression that ...

Shares in Lonmin (Berlin: LRH.BE - news) surged by 7% in early trading on Thursday after the platinum producer signed a peace deal with unions to end the violent strike at its Marikana mine in South ...

(Reuters) - 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 ...

Lonmin’s share price rise is somewhat counter-intuitive. Considering what the company is going through as almost four months of strike action stymie South Africa’s platinum mining sector, it has made ...

Lonmin confirmed job losses could be part of the restructuring plans it will reveal to the market on November 18. In a memorandum sent to trade unions in South Africa – which contains more than ...

A reprieve for Lonmin, but, the respite may be a brief one, as the struggling platinum miner faces a long and uncertain rehabilitation. Chief Executive Ben Magara claimed on Monday that a $407 rights ...

Platinum producer Lonmin on Monday priced its $407 million rights issue at a 94 percent discount as the firm fights for survival in the face of depressed commodity prices. Lonmin said it would sell 27 ...