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Lonmin warns of $2bn write-down, 6,000 job cuts

Cecilia Jamasmie | November 02, 2015 | 3:04 am Base Metals Precious Metals Africa Europe Gold Platinum 

[caption id="attachment_837244" align="aligncenter" width="600"] Lonmin’s Marikana mine concentrator plant.[/caption] South African platinum producer Lonmin (LON:LMI), the world’s third largest, said Monday it expects to take an impairment charge of about $2 billion triggered mainly by weak metal prices and rising...

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