Copper $ 5.341 / lb -1.29%
Brent Crude Oil $ 58.93 / bbl -2.32%
Palladium $ 1654.5 / ozt 1.85%
Crude Oil $ 55.17 / bbl -2.66%
Natural Gas $ 3.851 / Btu -4.61%
Silver Futures $ 63.305 / ozt -1.26%
Aluminum Futures $ 2870.75 / ton 0.23%
Micro Gold Futures $ 4347.3 / ozt 0.28%
Micro Silver Futures $ 63.255 / ozt -1.39%
Platinum $ 1861.7 / ozt 2.70%
Gold Futures $ 4349 / ozt 0.34%
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Lonmin to make $800 million share offer at 45% discount to TERP

Marc Howe | November 09, 2012 | 4:02 am Base Metals Africa Europe Platinum 

Inside sources claim platinum miner Lonmin (LON:LMI) will price an upcoming share offer at a 45% discount to the theoretical ex-rights price (TERP) on Friday, with the hope of raising a total of $800 million. Reuters reports that the company...

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