Lonmin investors approve key $407m rights issue

[caption id="attachment_838995" align="aligncenter" width="600"] Lonmin’s Marikana mine concentrator plant.[/caption] Lonmin (LON:LMI) shareholders decided Thursday to approve a deeply-discounted $407 million share issue, as the struggling platinum miner seeks cash to stay afloat. Hurting from strikes, rising costs and weak platinum...