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Lonmin sticks to 2016 production target

South Africa-focused Lonmin produced slightly more platinum in the third quarter of 2016 compared with the same period last year, despite cutting the workforce by 19% – 5,400 employees and contractors.

Lonmin sticks to 2016 production target Lonmin sticks to 2016 production target Lonmin sticks to 2016 production target Lonmin sticks to 2016 production target Lonmin sticks to 2016 production target

Lonmin keeps to annual platinum sales guidance of 700,000oz

At the end of last year, Lonmin launched a US$400 million rescue rights issue at a 94% discount to prevent the company going under.

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