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Sibanye wraps up platinum plan - BusinessLIVE

Lonmin has simply not met its housing commitments in the area, prompting calls from non-governmental organisations and community groups for a review of Lonmin's mining rights for failing to meet its obligations underpinning the granting of those rights.

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Despite having an enviable mine-to-market business with great mining assets, projects and process technology and a resilient workforce, Lonmin continued to be hamstrung by its capital structure and liquidity concerns, Lonmin CEO Ben Magara acknowledged during an investor presentation at the JSE, in on, on Thursday.

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Around 10,000 striking South African platinum miners marched from one Lonmin mine shaft to another on Monday, threatening to kill strike breakers, as another illegal stoppage hit Gold Fields, the world's fourth biggest gold miner.

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Sibanye-Stillwater to acquire embattled Lonmin in all ...

Precious metals mining company Sibanye-Stillwater has made an all-share offer to acquire platinum group metals (PGMs) producer Lonmin. The offer values Lonmin at about £285-million, or R5.15-billion.

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A signboard near the Sibanye gold mine in Westonaria, west of Johannesburg. Photo: Reuters Photo: Reuters JOHANNESBURG - Sibanye-Stillwater yesterday flagged that 12000 jobs at Lonmin would continue to be at risk despite making a firm offer to take over the world's third-biggest platinum producer in a R5billion deal.

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A miner has died at Lonmin's Marikana platinum mine in Rustenburg - the sixth fatal accident in this financial year.

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Lonmin - Official Site

Offer by Sibanye-Stillwater. On 14 December 2017, Sibanye-Stillwater and Lonmin announced an all-share offer pursuant to which Sibanye-Stillwater will acquire Lonmin.

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Sibanye-Stillwater files Lonmin acquisition with ...

A signboard near the Sibanye gold mine in Westonaria, west of Johannesburg. Photo: Reuters Photo: Reuters JOHANNESBURG - Sibanye-Stillwater said on Friday that it has filed a submission with the South African competition authorities with regard to the proposed acquisition of world's third largest producer of platinum group metals (PGMs), Lonmin ...

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