As loss-making platinum producer Lonmin appeals for cash from shareholders and slashes costs, many of its mine workers are eager to grab redundancy deals and leave a company battling to stay afloat. Battered by strikes, rising costs and weak platinum prices, Lonmin is seeking to raise $ 407 million in a share issue – priced at a 94 percent discount this week – and another $ 370 million in loans.<\/p>\n
Read the full article by here:<\/strong> Johannesburg, South Africa News<\/p>\n Submit and get free press releases here:<\/strong> MyPR Free Press Release.<\/p>\n Click HERE to submit your Johannesburg or Gauteng Press Release.<\/p>\n MyJHB<\/a><\/p>\n Read more on MyJHB<\/a>.<\/p>\n Join the fun:<\/strong> Add Your event<\/a> | Submit a Press Release<\/a> | Add your listing<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" As loss-making platinum producer Lonmin appeals for cash from shareholders and slashes costs, many of its mine workers are eager to grab redundancy deals and leave a company battling to stay afloat. Battered by strikes, rising costs and weak platinum prices, Lonmin is seeking to raise $ 407 million in a share issue – priced […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3332],"tags":[2727,4953,8393,3924,2212,8436,8850],"class_list":{"0":"post-57508","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-johannesburg-south-africa","7":"tag-cash","8":"tag-fights","9":"tag-lonmin","10":"tag-miners","11":"tag-move","12":"tag-quit","13":"tag-survival","14":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/57508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=57508"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/57508\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=57508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=57508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=57508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}