Lonmin in Rights Trouble
- 5 years ago
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Lonmin, the London-listed miner, is seeking its second rights issue in three years. The cash call comes against a background of strikes and unrest at its Marikana mine in South Africa, now resolved, and management and production problems. Lex's Vincent Boland and Richard Stovin-Bradford discuss what Lonmin needs to do to get its rights issue through.
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Lonmin, the London-listed miner, is seeking its second rights issue in three years. The cash call comes against a background of strikes and unrest at its Marikana mine in South Africa, now resolved, and management and production problems. Lex's Vincent Boland and Richard Stovin-Bradford discuss what Lonmin needs to do to get its rights issue through.
Related Articles:
http://www.ft.com/cms/s/0/f7c3c124-2a4b-11e2-99bb-00144feabdc0.html
http://www.ft.com/cms/s/0/99c85de0-2cf9-11e2-beb2-00144feabdc0.html
For more video content from the Financial Times visit http://www.FT.com/video