|Stock:||Lonmin Plc (ADR)|
|Industry:||Industrial Metals & Minerals|
|Lonmin Plc is a United Kingdom-based company. The principal activities of the Company during the fiscal year ended September 30, 2011 (fiscal 2011), were mining, refining and marketing of Platinum Group Metals (PGM). The Company has three operating segments: PGM Operations, Evaluation and Exploration. PGM operations consist of operational mines and processing facilities, which are located in South Africa. Evaluation relates to the Akanani asset, which is located in South Africa and is in the evaluation stage. Exploration relates to the costs of exploration projects, which have the objective of identifying PGM deposits, which can be commercially realized and, which can occur anywhere in the world. The Company’s operations are all based in South Africa. It runs a vertically integrated operational structure from mine to market. Its Mining operations extract ore, which its process division converts into refined PGMs, for delivery to its customers.|
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