• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • 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

    Lonmin Employees Leave Work Shuttles Empty

    Latest News

    Finlay Minerals completes the 2025 Exploration Programs on the PIL and ATTY Toodoggone Projects

    Sranan Gold Intersects 64 Metres Grading 3.0 g/t Including 33.5 g/t over 5 Metres at the Randy's Pit Target at Tapanahony Project, Suriname, as First Holes Intersect a Significant Gold System

    1911 GOLD ANNOUNCES OUTCOME OF TSX VENTURE EXCHANGE APPEAL

    Heliostar Announces PEA for Ana Paula Underground with Strong Economics and Sustainable Cash Generation

    Rio Silver Announces Proposed Shares for Debt Transaction

    More News

    Outlook Reports world

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

    Featured Stocks

    More featured stocks

    Browse Companies

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