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Lonmin has adequate liquidity, not at risk of closure - CEO
November 6, 2017 / 10:20 AM / a month ago

Lonmin has adequate liquidity, not at risk of closure - CEO

MOOINOOI, South Africa (Reuters) - Lonmin (LMI.L)(LONJ.J) has adequate liquidity and is not at risk of closure, the platinum mining company’s chief executive told Reuters on Monday.

“There is no risk of closure,” chief executive Ben Magara said, adding that the disposal of non-core greenfield projects and downstream processing capacity were on the table.

Reporting by Ed Stoddard; Editing by Tiisetso Motsoeneng

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