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Lonmin cuts workforce, shrinks capex, lowers unit costs

Lonmin cuts workforce, shrinks capex, lowers unit costs

 · Glencore Xstrata LON:GLEN is getting ready to sell its almost 25% stake in platinum producer LON:LMI as it does not fit the company strategy of operating in bulk commodities, CEO Ivan

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  • Mining investors take stock after Marikana deaths - BBC News

     · Police shot dead 34 miners on strike at the Marikana platinum , -west of Johannesburg, in an ongoing dispute over worker pay. , the worlds third-largest platinum producer, is the

  • Lonmin to halt production on Thursday for ... - Mining Weekly

    Platinum-miner will cease production at its division on Thursday to conduct working place safety audits, it announced on Tuesday, after worker died at the Marikana E1 shaft

  • MTE Mooinooi 2019, North West - Mining and Technical

    Lonmin’s main mining operation is , which accounts for 95% of Lonmin’s output. Western Chrome mine comprises of three underground mines, two surface beneficiation plants and two tailings re-treatment plants. The mine uses two underground methods namely conventional scraper mining and trackless mechanised mining. The main products of the mine are

  • Mining | Cat | Caterpillar

    Caterpillar leverages the broad Caterpillar portfolio to bring together the right people, products, technologies and services to meet the needs of the industry. No matter the size, type or complexity of your operation, our goal is to help you optimize your equipment, people and overall operation. Whether you are looking for surface or , we have the

  • Opencast Mining - an overview | ScienceDirect Topics

    In the case of underground mining, are high compared with those of opencast mining the main causes of these losses are enumerated in the following subsections. Opencast Mining The total loss of coal L during opencast mining

  • OPEN CAST MINE PLANNING - Mining and Blasting

    Sr. Engineer OPEN PLANNING Factors that influence planning: 1 Demand of coal. a. Countrywide demand b. Regional demand 2 Distribution of coal deposits 3 Quality of coal 4 Pricing policy for coal 5 Available infrastructures: rail, road, power, etc. 6 Nature of deposits influences site, area method of work, & equipments of

  • Land management | Planet | People, Planet, Profit ... - Lonmin

    Land management. At , we promote integrated land use management and the conservation of the natural and cultural heritage of the land around our operations and exploration sites during all phases of our activity, from initial prospecting and development right through to decommissioning and closure

  • Lonmin: victim of price falls and management wobbles - Reuters

     · The trouble with these deposits is that you have to accelerate spending to expand capacity as you go deeper .” raised capital and was at the peak of its expansion cycle when in

  • Mining while female: The perils of Marikana | South Africa

     · “Connie”, who also asked that her real name not be used, broke her leg while on shift at in 2008, and has since

  • Marikana miners toil long and hard, 1,000 metres underground

     · The journey starts at the top of the run by the London-based company . Miners in heavy duty overalls collect the head lamps they

  • the difference between an opencast mine and underground

     · difference between a open pit and an …. Open-pit , Opencast , Open-cut , Strip … People in few of the English-speaking countries are not likely to make a difference among an open … »More detailed


     · Cooperation between Concor and Impala Platinum has facilitated the Impala Opencast project. Hans Baasden, general manager Impala Platinum says that Concor was originally selected through an open tender process in 2002. “Impala Platinum is an company and does not have the necessary expertise or the resources to undertake an opencast

  • Mining Jobs in Marikana, North West - January 2021

    jobs now available in Marikana, West. Miner, Systems Administrator, Plant Superintendent and more on

  • News - Rugged mining cables & connectors for opencast

    Rugged cables & connectors for opencast & applications Components, equipment and systems specialist, Powermite, alongside sister company, Proof Engineering, bring end-to-end cable and connector solutions for

  • Open-pit mining

    This form of mining differs from extractive methods that require tunnelling into the earth, such as long wall mining. Open-pit mines are used when deposits of commercial the surface. It is applied to ore or rocks found at the surface because the overburden is relatively thin or the material of interest is structurally unsuitable for tunnelling. In contrast

  • Lonmin Plc Press Release - The Vault

    Quarter to 31 December 05 Quarter to ... Limpopo 000 225-Opencast 000 --Total 000 225- Platinum 000 3,2912,792 Opencast 000 556690 Total 000 3,8473,482 *excluding slag . Metallurgy Quarter to 31 December 05


     · In this video we talk about types of method and advantages and disadvantages of them. Do subscribe my channel if you think we are doing a great job. Like, comment and share our video as

  • Concor Opencast Mining: A great expansion vision in play

     · Concor Opencast Mining: A great expansion vision in play. Concor Opencast Mining, a well-known opencast mining business amongst , is strategically positioning itself to achieve significant growth in the short-term future. This in part can be attributed to the greater objectives of Level 1 BEE parent company Southern Palace

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