Lonmin PLC



    Today's change

    -14.00 / -6.39%

    1 year change


    As of Aug 30 2016 16:51 BST. Data delayed by at least 20 minutes.

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  1. FT Photo Diary

    August 16, 2016

    Dance of remembrance

    Members of the Association of Mineworkers and Construction Union (AMCU) dance and sing around Wonderkop Hill during the...

  2. May 16, 2016

    Lonmin shares jump on improved results

    Shares in Lonmin, the world’s third-largest platinum miner, jumped 23 per cent on Monday as it reported a reduced loss...

Special Reports

  1. The New Africa

    China’s slowdown and the end of a commodities boom present many African countries with...
  2. Southern Africa Mining 2012

    The region has not made the most of what should have been a rosy period...
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  1. FT Alphaville

    May 16, 2016

    Markets Live: Monday, 16th May, 2016

    This Markets Live session ended at 12:05 on 16 May 2016. Participants in this session were: Paul Murphy and Bryce Elder...

  2. February 21, 2016

    Ben Magara, former mine manager turned Lonmin chief

    Long before he led Lonmin, Ben Magara’s first encounters with the company were in the days when it was Lonrho, a...

  3. February 7, 2016

    Dark clouds gather for South Africa’s miners

    It is one of the mining industry’s historic heartlands and is endowed with some of the world’s richest mineral...

  4. Fast FT

    January 28, 2016

    Lonmin cuts 5,000 jobs and trims production

    Lonmin, the South Africa-focused platinum miner that recently raised $396m with a massively discounted rights issue,...

  5. Fast FT

    January 19, 2016

    Metals and miners gaining as China data calm nerves

    Mining and oil stocks are enjoying a leg up as commodity prices gain following data from China that wasn’t great but...

  6. December 29, 2015

    Platinum: valuable trap

    South Africa has a tin prospector to thank for at least part of its geological wealth. Adolph Erasmus found platinum by...

  7. Fast FT

    December 14, 2015

    South Africa public fund rescues Lonmin rights issue

    The Public Investment Corporation of South Africa has stepped in to rescue Lonmin’s undersubscribed rights issue, which...

  8. December 11, 2015

    South African pension fund set to increase Lonmin stake

    South Africa’s public sector pension fund manager has raised its stake in Lonmin substantially after some shareholders...

  9. FT Alphaville

    December 4, 2015

    Last trade: 0.0002 (pence)

    A straight question: how many decimal points are configured into the London’s stock exchange price quote system?...

  10. November 22, 2015

    Volkswagen emissions scandal heightens platinum concerns

    Investors are growing increasingly nervous about platinum prices in the face of the Volkswagen emission test cheating...

  11. November 19, 2015

    Lonmin gains approval for rights issue

    Lonmin’s shareholders have approved its deeply discounted rights issue, paving the way for the platinum miner to raise...

  12. November 19, 2015

    Lonmin: stay of execution

    Ouch. And ouch. Investors in Lonmin need a thick skin and a very, very long-term horizon. They have just approved the...

  13. November 10, 2015

    Lonmin at record low as shareholders exit

    A rush for the exits among Lonmin shareholders sent the platinum miner to a record low on record daily volume. Having...

  14. November 9, 2015

    No discount deep enough for political risks borne by Lonmin

    Lonmin has not paid a dividend for three years, thanks partly to a weak platinum price. But the troubled South African...

  15. November 9, 2015

    Lonmin share issue confirms company’s fall from grace

    Back when Lonmin was a leading platinum producer in an effervescent mining sector, it felt muscular enough to give...

  16. FT Alphaville

    November 9, 2015

    On Lonmin, the full eye-watching detail

    If you want to know how cash-strapped Lonmin is, go to the website of the world’s third largest platinum producer and...

  17. FT Alphaville

    November 9, 2015

    Lonmin: a miner, plundered

    Modern science keeps people alive longer, but it’s not always certain that extended human animation is necessarily a...

  18. November 9, 2015

    Lonmin launches $407m rights issue at 94% discount

    Lonmin has launched a $407m rights issue at a discount of almost 94 per cent to its share price last week, with the...

  19. FT Alphaville

    November 9, 2015

    FT Opening Quote - Miners under pressure

    More miners in trouble this morning, with Lonmin’s rights issue, BHP Billiton reviewing production targets and Nyrstar...

  20. November 6, 2015

    Small-cap Week, November 7

    It was another sparkling week for Fevertree Drinks, London’s best-performing flotation over the past 12 months. Shares...

  21. November 6, 2015

    Lonmin shares plunge ahead of crucial fundraising

    Lonmin will launch a $400m rights issue on Monday with a stark warning that the platinum miner could be out of business...

  22. November 2, 2015

    Lonmin warns of $2bn impairment charges

    Lonmin warned investors to expect about $2bn of impairments as the struggling platinum miner prepares for several years...

  23. October 21, 2015

    Lonmin to seek $400m in rights issue as it revamps bank debt

    Lonmin has swelled the ranks of struggling miners seeking to raise equity as the commodities downturn puts more strain...

  24. October 5, 2015

    Industrial unrest is an increasing concern for companies in South Africa

    When tens of thousands of platinum miners in South Africa downed tools last year in a wage dispute, the industry...

  25. September 26, 2015

    Small-cap Week, September 26

    Lonmin shares hit a record low this week after the Volkswagen emissions scandal deepened concerns that the platinum...

  26. September 7, 2015

    Glencore grapples with fallout from commodities crash

    Glencore, albeit unwillingly, is adopting the brace position aboard the stalling aircraft of world commodities markets....

  27. July 31, 2015

    Highlights from this week’s Investors Chronicle

    Buy: Barclays (BARC) Once the mounting costs of misconduct redress fall away, they will eventually reveal a stronger...

  28. July 24, 2015

    Anglo American and Lonmin to cut up to 12,000 jobs

    Two of the world’s best-known miners are cutting thousands of jobs, underlining how a decade-long supercycle of booming...

  29. July 24, 2015

    Lonmin to cut jobs and operations as platinum price falls

    Lonmin is making 6,000 job cuts, closing operations and considering whether to raise capital, underlining the problems...

  30. July 22, 2015

    Platinum: approaching crunch time

    Remember platinum credit cards? In plastic’s perverse pecking order, anything above gold used to be a sign the holder...

  31. July 16, 2015

    Gold falls as precious metals hit by stronger dollar

    Gold has fallen to an eight-month low as precious metals struggle in the face of a strengthening US dollar. As bullion...

  32. July 15, 2015

    Marikana women accuse World Bank arm of failing to press Lonmin

    After police shot 34 striking miners dead at Marikana in 2012, Lonmin found itself at the centre of a storm over...

  33. July 9, 2015

    Cash crunch fear weighs on Lonmin shares

    A cash crunch fear dragged Lonmin to a record low on Thursday. Shares in the platinum miner fell to their lowest price...

  34. July 3, 2015

    BHP’s former Billiton spin-off heads South

    South32 is the trendy new name for Billiton, the ragbag of mines that BHP decided it no longer wanted. Turning the...

  35. June 25, 2015

    South Africa police slammed over deaths of Marikana miners

    South Africa’s police have been severely criticised over the shooting of 34 striking miners, with an inquiry into the...

  36. May 25, 2015

    South African miners accelerate job cuts to 35,000 over two years

    South Africa’s mining industry has shed more than 35,000 jobs in two years as it has been battered by labour unrest,...

  37. May 14, 2015

    Platinum: tarnished

    Finally digging themselves out? Or only digging themselves in deeper? Platinum prices are down a fifth in the past...

  38. May 11, 2015

    Lonmin to cut capital spending as platinum price fall bites

    Lonmin warned on Monday that weak platinum prices could persist for two more years after the UK-listed miner slumped to...

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Videos from FT.com that closely match this topic

  1. Daniel Garrahan reports on the future for Lonmin and the plat...
    August 22, 2012

    Daniel Garrahan reports on the future for Lonmin and th...