Sea change in labour dynamics as AMCU emerges – Lonmin

Labour dynamics are going through a sea change with the emergence of the Association of Mineworkers and Construction Union (AMCU) to rival the dominance of National Union of Mineworkers (NUM), says Lonmin CEO Ian Farmer. Farmer, who heads South...

Company Announcement: Lonmin To Boost Artisanal Skills

It is with great pride that Lonmin announces the opening of the Lonmin Artisan College at Marikana, in the North West province.

Southern African platinum miners on the wrack as perfect storm hits

Southern African platinum mining companies find themselves on the wrack, not only because of their dependence on a faltering Europe, but hit by a confluence of events that are drastically aggravating the situation. It is the perfect storm of South...

Heightened risk of platinum supply disruption – Lonmin

The risk of a disruption of the supply of platinum from South Africa had heightened, Lonmin CEO Ian Farmer said on Wednesday. Farmer told the Mining Indaba conference in Cape Town that, while supply disruption would have a marked impact because...

Govt-enforced safety stoppages lacerate Amplats, Lonmin platinum production

JOHANNESBURG (miningweekly.com) – Soaring government-enforced safety stoppages at South African platinum mines have lacerated the production performances of mining companies Anglo American Platinum (Amplats) and Lonmin, latest production reports...

Govt-enforced safety stoppages lacerate Amplats, Lonmin platinum production

Soaring government-enforced safety stoppages at South African platinum mines have lacerated the production performances of mining companies Anglo American Platinum (Amplats) and Lonmin, latest production reports indicate. Both companies say that...

Carmakers’ $7bn platinum bill shrinking glut

Carmakers will use a record $7-billion worth of platinum in catalytic converters next year, diminishing a glut just as mine production declines for the first time since 2008.

Company Announcement: Lonmin scoops multiple safety awards

Lonmin Plc has been honoured by its peers with a host of prestigious industry safety awards.

Lonmin will continue to spend growth capital, manage market volatility

Platinum major Lonmin will continue to spend growth capital and to manage reasonable market volatility. The ability to continue to develop growth capacity has been assisted by longer-term $945-million facilities that have strengthened the balance...

Low platinum price scaring miners towards survival mode

The lower platinum price is scaring platinum-mining companies into self-preservation mode. Liberum Capital analyst Dominic O’Kane says in a note that the platinum-mining sector has become the first mining sector to fall below the marginal cost...

Lonmin gives Cyril a fair crack at the platinum mining whip

The world and South Africa’s third-largest platinum miner Lonmin is giving Cyril Ramaphosa’s Shanduka a fair crack at the platinum mining whip. Up to now, Lonmin’s dormant Limpopo assets have been something of a letdown. If Shanduka can...

Workers benefitting from the Incwala BEE transaction

Over 26 000 employees would benefit from the sale of the Lonplats Employee Masakhane (LEM) Trust’s indirect shareholding in platinum miner Lonmin to Shanduka Resources, the LSE- and JSE-listed miner said on Friday. The qualifying members, who...