Articles related to Lonmin
 
Bullion Vault
Platinum Price Jumps After Hedge Funds Go Short, Gold 'Depressed' by Trump Tax and Bitcoin
GOLD PRICES edged higher against a falling US Dollar on Monday morning in London as world stock markets rose to fresh all-time highs, writes Steffen Grosshauser at BullionVault. Silver tracked gold prices, also dropping against the Euro and British Pound, while platinum jumped. Primarily used in catalysts to clean diesel engine emissions, platinum added 1.5% in Dollar terms –nearing $907 per oun
Monday, December 18, 2017
Bullion Vault
Strongest US GDP in 2 Years Erases Week's Gold Price Gains, Platinum 'Oversold' Says HSBC
GOLD PRICES dropped on Wednesday as new data said the US economy expanded 3.3% per year between July and September, its fastest pace since 2014. Falling from its 6th attempt above $1296 so far this week, the gold price lost $10 per ounce against a rising US Dollar while silver and platinum fell sharper still. Broader commodity prices slipped for the second day running as major government bond pr
Wednesday, November 29, 2017
24hGold - Publicnow
Lonmin Secures $50m Funding for Tailings Project
Lonmin Secures $50 million Funding For Tailings Project Lonmin Plc ('Lonmin' or 'the Company'), is pleasedto announce that it has secured competitive funding of $50 million for the Bulk Tailings Treatment project ('the BTT project' or 'the project') through a specific project finance metal streaming arrangement.The first tranche of project funding of $9 million has now been received and work has already started on the project. The BTT project involves the re-mining of Lonmin's Easterns Tailing
Friday, August 19, 2016
24hGold - Publicnow
Q3 2016 Production Report
Third Quarter 2016 Production Report and Business Update Lonmin Plc ('Lonmin' or 'the Company'), one of the world's largest primary platinum producers, today announces its production results for the quarter ended 30 June 2016 (unaudited) and a business update. Ben Magara, Chief Executive Officer, said: 'Another good quarter in a challenging operating environment. Again I am pleased that we continue to focus and execute on our committed strategy.' Third Quarter Highlights · LTIFR improved
Tuesday, August 2, 2016
24hgold
Third Quarter 2016 Production Report and Business Update

Monday, August 1, 2016
24hgold
NOTIFICATION OF MAJOR INTEREST IN SHARESi

Friday, July 22, 2016
24hGold - Publicnow
Director/PDMR Shareholding
REGULATORY RELEASE 1 June 2016 Director/PDMR shareholding Notification of Directors' and PDMRs' shareholdings pursuant to Disclosure and Transparency Rule 3.1.2 and 3.1.4 Lonmin Plc (the 'Company') confirms that 3,600 ordinary shares of $0.0001 each in the Company (the 'Ordinary Shares') were released on 31 May 2016 to Ben Magara, Chief Executive Officer and a Director of the Company. These shares form the third of three equal tranches of shares due to be released under the Retention A
Thursday, June 2, 2016
24hGold - Publicnow
2015 Preliminary Results
Contents TIGER RESOURCE FINANCE PLC ("Tiger" or the "Company") Final Results for the Year Ended 31 December 2015 The Company is pleased to present its audited results for the year ended 31 December 2015. OPERATIONS REVIEW The year under review has seen Tiger's net asset value fall to 0.77p per share from 1.24p per share as at 31 December 2014, representing a 38% decrease in the year ended 31 December 2015. The Board's prognosis of the junior resource sector in last year's address to
Friday, May 27, 2016
24hGold - Publicnow
Half-year Report
2016 Interim Results Lonmin Plc, ('Lonmin' or 'the Company'),one of the world's largestprimary platinum producers, today publishesits Interim Results for the period ended 31 March 2016 and an update on events to today's date. Lonmin has published today its Q2 Production Report in a separate announcement. KEY FEATURES Highlights -Significant progress in the delivery of the Business Plan following successful refinancing. · Net cash has improved to $114 million as at 31 March 2016. This is
Tuesday, May 17, 2016
24hGold - Publicnow
Q2 Production Report 2016
Second Quarter 2016 Production Report Lonmin Plc ('Lonmin' or 'the Company'), one of the world's largest primary platinum producers, today announces its production results for the three months to 31 March 2016 (unaudited). Lonmin also publishes today, in a separate announcement, its Interim Results and achievements for the half year ended 31 March 2016. Overview · The 12 month rolling LTIFR to 31 March improved by 5.2% to 5.10 incidents per million man hours from 5.38 at 31 December. ·
Tuesday, May 17, 2016
24hGold - Publicnow
Appointment of CFO
APPOINTMENT OF EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER Lonmin Plc (the 'Company') is pleased to announce the appointment of Mr Barrie van der Merwe (40) as an executive director of the Company and Chief Financial Officer with effect from 17 May 2016. Barrie is a Chartered Accountant and holds a B Com (Hons) degree in Accounting from the University of Pretoria. Between 2012 and 2015, Barrie was Chief Financial Officer of Debswana Diamond Company (Pty) Limited, the world's leading prod
Tuesday, May 17, 2016
24hgold
APPOINTMENT OF EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER

Tuesday, April 19, 2016
Adrian Ash - Bullion Vault
Gold: Rare, Useless Worthless
Or so everyone seems to think as the auction bubble in rare trophies inflates... COMPARE and contrast these headlines from the Financial Times' FT.com this week, writes Adrian Ash at BullionVault... "Office building in London at 7-year high...  "Chinese billionaire buys $170m painting...  "Oil glut to swamp demand until 2020..."  Nip over to The Economist, and China's plunging factory-gate prices point to the same trouble for natural resources and other useful stuff.  Produce
Saturday, November 14, 2015
24hGold - Noodls
FY2015 Statutory Accounts
16497eaf264a1d0d10523c.pdf Aquarius Platinum Limited Financial Statements for the year ended 30 June 2015 Corporate directory Exempt Company Number EC 26290 Incorporated in Bermuda Registered Office Clarendon House 2 Church Street Hamilton Bermuda Board of Directors Sir Nigel Rudd Jean Nel David Dix Edward Haslam Tim Freshwater Kofi Morna Zwelakhe Mankazana Sonja De Bruyn Sebotsa Company Secretary Willi Boehm Stock Exchange Listings Aquarius Pla
Wednesday, September 30, 2015
24hGold - Yahoo
PLATINUM How the Volkswagen Scandal Is Crushing Platinum
The scandal swirling around Volkswagen will inevitably have an impact on other diesel vehicle makers. VW’s claims of a clean diesel engine now appear to be based on little more than deceit, and it calls into question the .That is not good news for platinum. If sales of diesel cars drops significantly, the already depressed commodity price for platinum will get hammered again. About 44% of global platinum demand comes from automakers that use the metal to lower the amount of pollution emitted fro
Thursday, September 24, 2015
24hGold - Reuters
LEAD Mining job cuts haunt African leaders ahead of elections
* Zambia threatens to revoke Chinese firm's mining licence * Governments, companies in talks to prevent retrenchments By Olivia Kumwenda-Mtambo JOHANNESBURG, Sept 18 (Reuters) - When Canada's Barrick Gold said it would close its copper mine in Zambia if the government imposed a sharp hike in mineral royalties, President Edgar Lungu had little choice but to back down to save valuable jobs that keep the country going. Mining accounts for ove
Friday, September 18, 2015
24hGold - Reuters
Lonmin: victim of price falls and management wobbles
* Lonmin seen bleeding more quickly than others * Shares hit lowest levels since 1979 By Silvia Antonioli and Ed Stoddard LONDON/JOHANNESBURG, July 30 (Reuters) - Platinum producer Lonmin is facing its deepest crisis to date, hurt by a downturn in the metal and haunted by a mixture of bad luck and debatable management choices that are putting its survival at risk. Times are tough for everyone in the platinum sector. Producers a
Thursday, July 30, 2015
24hGold - Reuters
Lonmin: victim of price falls and management wobbles
* Lonmin seen bleeding more quickly than others * Shares hit lowest levels since 1979 By Silvia Antonioli and Ed Stoddard LONDON/JOHANNESBURG, July 30 (Reuters) - Platinum producer Lonmin is facing its deepest crisis to date, hurt by a downturn in the metal and haunted by a mixture of bad luck and debatable management choices that are putting its survival at risk. Times are tough for everyone in the platinum sector. Producers a
Thursday, July 30, 2015
24hGold - Yahoo
PLATINUM Low Prices And Mounting Costs Slam Platinum Producers
The reason for the closures is simple economics. With Lonmin admitting that the company is losing money on an operating basis, even before interest, tax, depreciation and amortization.This is a sign of the times in the platinum business. With prices for the metal having dipped below $1,000 per ounce this month, marking the lowest price seen since the depths of the financial crisis in late 2008.Related: Pessimism Amongst Oil Traders Reaches 5 Year HighMiners in world-leading producer South Africa
Wednesday, July 29, 2015
24hGold - Noodls
VMS Ventures Inc. Patrick Evans and Blair Schultz Join VMS Board of Directors
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 28, 2015) - VMS Ventures Inc. (TSX VENTURE:VMS) ("VMS Ventures" or the "Company") is pleased to announce the appointment of Patrick Evans and Blair Schultz to the VMS Ventures Board of Directors as of July 09, 2015 at the Company's annual general meeting (the "Meeting") of shareholders. The shareholders ratified and approved the number of directors at eight (8) and Gary Ostry, John Roozendaal, Don Whalen, Mark Fedikow, Patrick Evans, Blair Schul
Tuesday, July 28, 2015
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