• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • WORLD EDITION
      Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • WORLD EDITION
      North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Minerals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    market news

    Lonmin Plans To Raise $80 Million

    Investing News Network
    Oct. 30, 2012 12:33PM PST
    Precious Metals Investing

    Reuters reported after six weeks of strikes and 46 deaths, Lonmin (LSE:LMI) plans to raise $800 million from its investors to help finance recovery and help slash debt.

    Reuters reported after six weeks of strikes and 46 deaths, Lonmin (LSE:LMI) plans to raise $800 million from its investors to help finance recovery and help slash debt.

    As quoted in the market news:

    In August Lonmin’s Marikana mine was the scene of South Africa’s most violent episode since the end of apartheid, when police shot dead 34 people involved in the labor strife battering the country’s already beleaguered platinum industry.

    Click here to read the full Reuters report.

    market news
    The Conversation (0)

    Go Deeper

    AI Powered
    LSE:LMI

    Lonmin Posts First Profit in Four Years Leading into Sibanye Takeover

    Labor Analysts Say Lonmin Deal Dangerous Precedent

    Latest News

    UPDATE -- The Efficiency Gap: Five Assets Where Price Has Yet To Reflect Reality

    LAURION Reports Multiple High-Grade Intercepts, Including 15.35 g/t Au over 0.50 m , 7.30 g/t Au over 0.50 m , and a Broad 3.0 m Interval of 1.09 g/t Au

    Kingsmen Drills a New Discovery of High Grade Silver and Gold Mineralization (931 g/t Silver Equivalent with 1.28 g/t Gold over 1.60 Meters (156.4-158.0m))

    Nine Mile Metals Announces Completion of DDH WD-25-02 and Continues to Confirm (2) Zones of Copper Rich VMS Mineralization at the Wedge Project Drill Program

    Cassiar Gold Drills 13.53 g/t Gold over 13.4 Meters from 28.2 Meters Downhole, Including 210.71 g/t Gold over 0.8 m with 369.00 g/t Gold over 0.4 Meters from 39.8 m Downhole, Extends Higher-Grade Domains at the Taurus Deposit

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
      • Electric Vehicles
    • Agriculture
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Energy
      • Uranium
      • Oil and Gas
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Robotics
      • Crypto
      • Cleantech
    Life Science
      • Biotech
      • Cannabis
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES