Lonmin swings to profit ahead of Sibanye takeover

PUBLISHED: Mon, 03 Dec 2018 15:25:49 GMT

Lonmin showcased improved financial performance for the year ended 30 September 2018. Production from their Generation 2 shafts increased by 1.6 per cent to 7.6 million tonnes. The global platinum production leader closed the year with an improved net cash position of $114 million. Joining CNBC Africa for more is Lonmin Chief Executive Officer, Ben Magara.

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