Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Violence At Lonmin Operations

14th Aug 2012 09:49

RNS Number : 9696J
Lonmin PLC
14 August 2012
 



 

 

 

 

Lonmin Plc4 Grosvenor PlaceLondon SW1X 7YLUnited Kingdom

T: +44 (0)20 7201 6000F: +44 (0)20 7201 6100

www.lonmin.com

 

 

14 August 2012

 

Violence at Lonmin Operations

 

Lonmin announces with regret a serious and ongoing outbreak of violence at its West Marikana mine operations in South Africa. Seven Lonmin workers and two policemen have been killed in a dispute between rival unions.

 

Production has been severely disrupted since Friday 10 August as a result of an illegal strike by Rock Drill Operators and increased incidences of violence and intimidation since then. Lonmin will make further announcements as matters develop and as the impact on production and operations becomes clearer.

 

Announcements relating to the situation can be found on Lonmin's website at http://www.lonmin.com

 

- ENDS -

 

ENQUIRIES

Investors / Analysts:

Lonmin

Tanya Chikanza (Head of Investor Relations)

+44 20 7201 6007

Ruli Diseko (Investor Relations Manager)

+27 11 218 8373

Media:

Cardew Group

James Clark

+44 (0)20 7930 0777

Inzalo Communications

Gillian Findlay

+27 (0)11 646 9992/+27 (0) 82 330 1477

 

Notes to editors

 

About Lonmin:

1. Lonmin, which is listed on both the London Stock Exchange and the Johannesburg Stock Exchange, is one of the world's largest primary producers of Platinum Group Metals (PGMs). These metals are essential for many industrial applications, especially catalytic converters for internal combustion engine emissions, as well as their widespread use in jewellery.

 

Lonmin's operations are situated in the Bushveld Complex in South Africa, where nearly 80% of global PGM resources are found.

 

The Company creates value for shareholders through mining, refining and marketing PGMs and has a vertically integrated operational structure - from mine to market. Lonmin's mining operations extract ore from which the Process Division produces refined PGMs for delivery to customers. Underpinning the operations is the Shared Services function which provides high quality levels of support and infrastructure across the operations.

 

For further information please visit our website: http://www.lonmin.com 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCEAPPLFAPAEEF

Related Shares:

Lonmin
FTSE 100 Latest
Value8,684.56
Change50.81