Sunday, November 18, 2012

FT Lex: Lonmin in Rights Trouble


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.

Whither way forward?

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