Europe news: Lonmin's profit up 45 pct, but cutbacks to come
Europe news: Lonmin's profit up 45 pct, but cutbacks to come

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18 November 2008 7:16 PM+ 7 ( 485 days ago) Discuss  | |  Bury | Tagged: europe news lonmin s profit pct cutbacks come
LONDON – Lonmin PLC, the world's third largest platinum producer, said Tuesday it plans to cut output and jobs and halve its exploration expenditure to ride out a downturn in the market even as annual net profit rose 45 percent. Lonmin, which i...
europe news lonmin s profit pct cutbacks come
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