Loading

Lonmin drops to fresh lows

November 9 2012 at 12:33pm

Comment on this story

LonminRed

REUTERS

Demonstrators wave placards during a site inspection by the judicial commission of inquiry into the shootings at Lonmin's Marikana mine October 1, 2012.

Related Stories

Lonmin’s share price dropped by as much as 6% to fresh multi-year lows after the world’s third biggest platinum producer posted a full year operating loss.

Operating loss in the year ended September was US$702 million‚ from US$307 million operating profit the year before.

The company had said tragic events at Marikana significantly impacted operational and financial results.

At 10.40am‚ the counter was down 3.69% to R61.85‚ valuing the company at R12.559 billion. - I-Net Bridge


sign up
 
 

Comment Guidelines


  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

     

Join us on

 IOL-Social networks IOL-Social networks IOL-Social networks IOL-Social networks
IOL Travel

Make sure you find the best available airfares with our easy-to-use search engine.

Travel_pic_enw