Sibanye-Stillwater
Search results
Dec 14, 2017 · Lonmin. The Boards of Sibanye-Stillwater and Lonmin are pleased to announce that they have reached agreement on the terms of a recommended all-share offer pursuant to which Sibanye-Stillwater and/or a wholly-owned subsidiary of Sibanye-Stillwater, will acquire the entire issued and to be issued ordinary share capital of Lonmin (the “Offer”).
US$965 million (2014) [1] Operating income. US$52 million (2014) [1] Net income. US$ (203) million (2014) [1] Website. www.lonmin.com. Lonmin plc, formerly Lonrho plc, was a British producer of platinum group metals operating in the Bushveld Complex of South Africa. It was listed on the London Stock Exchange.
Dec 14, 2017 · South African miner Sibanye-Stillwater has made a £285m all-stock offer for platinum producer Lonmin, signalling an end to a century-old company that is one of the world’s largest producers of ...
Lonmin plc--formerly known as Lonrho plc--is the third-largest platinum producer in the world. The company's Lonplats arm mines platinum group metals, or PGMs, which include platinum, palladium, rhodium, and iridium through two South African subsidiaries.
Nov 5, 2015 · From Cecil John Rhodes’s legacy in Southern Africa to takeover battles gripping the British public and a massacre at one its mines, the 106-year-old epic that is Lonmin risks entering its final...
Mar 26, 2019 · We have spoken about financial difficulties,” he said, “but Lonmin paid $607 million in dividends to its shareholders in the four years preceding the massacre. Lonmin also diverted $160 million to tax havens in Bermuda.
Sibanye-Stillwater is one of the world's leading international precious metals mining company, with a diverse asset portfolio.
Lonmin is a primary producer of Platinum Group Metals (PGMs). These metals are essential for many industrial applications, especially catalytic converters for internal combustion engine emissions...
For management, workers and long-suffering shareholders, achieving the production target is a huge step forward. For labor, it means retained jobs and performance bonuses and, for Lonmin’s stockholders, the promise of some day seeing that return in value is more than an illusion.
Sep 10, 2014 · The company says it is ‘best in class’ in sustainability. But it is running an unsustainable project. If Lonmin is ‘best in class’, platinum mining in South Africa is not environmentally, socially or politically sustainable.”.
