Copper $ 4.835 / lb 0.05%
Brent Crude Oil $ 65.25 / bbl 0.18%
Palladium $ 952 / ozt 1.12%
Crude Oil $ 62.37 / bbl 0.05%
Natural Gas $ 2.883 / Btu -4.25%
Silver Futures $ 33.34 / ozt -0.67%
Aluminum Futures $ 2372.25 / ton 0.01%
Micro Gold Futures $ 3331.5 / ozt 0.95%
Micro Silver Futures $ 33.34 / ozt -0.70%
Platinum $ 977.8 / ozt -0.17%
Gold Futures $ 3330.9 / ozt 0.88%
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Lonmin says no to takeover bid by Xstrata

Cecilia Jamasmie | November 09, 2012 | 1:23 pm Base Metals Africa Europe Platinum 

Despite market rumours indicating otherwise, South Africa’s platinum producer Lonmin (LON:LMI) rejected Friday a reverse takeover bid by Xstrata (LON:XTA), its unhappy largest shareholder, as it announced a loss before tax of $698 million in the financial year ending in September....

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