Lonmin Reaches Full Production Earlier Than Forecast

Business Day Live reported that Lonmin (LSE:LMI) has returned to full production earlier than forecast at its South African platinum operations.

As quoted in the publication:

In its third-quarter results, released earlier this year, it had said production to June had been severely affected by the five-month Association of Mineworkers and Construction Union (Amcu) strike in the sector; 82% of its workforce are members of Amcu.

The company said employees had returned to work “earlier and stronger” than expected, resulting in “a rapid, safe and efficient ramp-up of our operations and plants”.

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