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Lonmin Gives Cyril a Fair Crack at the Platinum Mining Whip
Oct. 03, 2011 02:35PM PST
Precious Metals InvestingMining Weekly reported Lonmin (LON:LMI) is giving Cyril Ramaphosa’s Shanduka a fair crack at the platinum mining whip.
Mining Weekly reported Lonmin (LON:LMI) is giving Cyril Ramaphosa’s Shanduka a fair crack at the platinum mining whip.
The market news is quoted as saying,
Up to now, Lonmin’s dormant Limpopo assets have been something of a letdown.
If Shanduka can succeed in turning them to positive account, the black economically empowered (BEE) company will be given control of the Limpopo mines for R1.1-billion ($137-million).