Lonmin is a miner of Platinum Group Metals and gold. It is currently the world's third largest primary platinum producer and the largest PGM producer. Its four mines are located in South Africa. More than 100 years old, Lonmin was demerged from its African assets in 1998 and has since divested a number of other assets including hotels and an insurance arm.
Lonmin Plc Ord Usd0.0001 is listed on the London Stock Exchange trading with ticker code LMI.L, and is part of the Mining sector. It has a market capitalisation of £19,484m, with approximately 283m shares in issue.
Lonmin Plc, officially known as Lonmin Plc Ord Usd0.0001 was formed in May of 1909, making the company one hundred and ten years old. The company filed its latest accounts on 30th September 2014, showing a turnover of approximately 602.82 million GBX, and a pre-tax profit margin of -33.78%. Lonmin Plc currently has 8 directors, and has had 38 previous directors over the last 110 years. In the last set of accounts produced by Kpmg Llp, the company showed 351.70 million paid in salaries to the 6 staff (average wage of 58.62 million), with the directors receiving an average 0 each. In the accounts filed in 2014, the company paid 0 in dividends. These accounts also showed Lonmin Plc to have a net worth of 1.71 billion, with 89.33 million held in cash.
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|Shares in Issue||283m|
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