Lonmin boosts turnaround on upped production but suffers fatalities

July 17, 2017

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n the three months to June 30, platinum mining major Lonmin recorded lower unit costs and higher net cash on improved production and rising sales – but suffered two fatalities in a quarter when the overall injury level was on a firmly downward trajectory. On sustaining the company’s financial turnaround, CEO Ben Magara said: “We continue to find levers to pull, even in the lower-for-longer platinum price environment.”

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