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LMI 112.74 -2.86 (-2.47%)
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Platinum wealth holds no shine for people left in the dust
Lonmin Plc, the world's third-largest platinum producer, which has a market capitalisation of about R19.5-billion, mines the metal under the Bapo's land.
South Africa's ANC Targets Mining Taxes in Policy Meeting
Any attempt to extract more revenue from mining companies such as Impala Platinum Holdings Ltd. and Lonmin Plc risks undermining an industry battered by rising wage costs, power shortages and a global economic slowdown.
South African Union Fight Threatens Platinum Producers
Now AMCU says it may call a fresh strike at the mine to gain the right to deal with the company and it's recruiting at the mines of Anglo American Platinum Ltd.
Glencore's Glasenberg Says He Has to Accept Xstrata CEO Pay
June 8 (Bloomberg) -- Glencore International Plc Chief Executive Officer Ivan Glasenberg said he has to accept the retention payments Xstrata Plc intends to pay its own employees as part of Glencore's planned acquisition of the mining company. Xstrata ...