Tuesday, May 14, 2019
Lonmin Plc company analysis Essay Example | Topics and Well Written Essays - 2000 words
Lonmin Plc federation analysis - Essay ExampleIt is this affiliate formed to handle the excavation business that eventually became renamed as Lonmin Plc in 1999 (4-traders, 2014n.p.). The company operates in three major segments of the mining industry, where it has an geographic expedition department, an evaluation department and a PMG operations department. Despite the fact that the company runs its operations in diametric countries in the Weste African region, most of the operations of the company, which entail the refinement and marketing of the metals after being tap in distinct regions is undertaken in the Bushveld facility in south Africa (Lonmin Plc, 2014n.p.). The company is listed in three different stock markets, where its shares are trade in Germany, USA and in the UK. The market capitalization of the company as at 2014 was worth US$ 146.7 billion, which is equivalent to 95 billion British pounds (Guru Focus LLC, 2014n.p.). The company has come 583.8 million outstan ding shares, whose prices in the stock market ranges at between 160.70 and 163.64 British pounds (Guru Focus LLC, 2014n.p). The company held a total of38,2923 employees by the close of the financial year 2014, with 28,276 of the employees being employed full time, charm 10,016 operated as part time employees.The company holds a considerable rank of assets, both in its operational assets such as the machineries and equipment, as well as the stock of minerals in the various mines that the company has explored. turn some of these minerals are already extracted and their value well verified, there is still some more whose value is still to be ascertained. The graph below presents the assets of the company that are held in minerals.In the year 2014, Lonmin Plc make a total sale of 441,684 ounces of Platinum, at a market price value of $1,537 per ounce, which contributed to a higher(prenominal) percentage of the companys
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