Higher platinum prices boost Lonmin results

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Higher platinum prices boost Lonmin results
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Lonmin PLC (LMI.LN) swung to positive Ebitda for the first half of fiscal 2019, buoyed by rising platinum prices, while second-quarter production results were mixed. The mining company, which is in the process of being taken over by Sibanye-Stillwater Ltd. SBGL, said Friday that earnings before interest, taxes, depreciation and amortization for the six months ended March 31 were $78 million.

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