Lonmin boosts turnaround on upped output, suffers fatalities

World News: . []

In 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.”

Read More: http://www.engineeringnews.co.za/article/lonmin-boosts-turnaround-on-upped-production-but-suffers-fatalities-2017-07-17

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