Lonmin Plc - Sale of Zimbabwe Gold Assets
LONMIN PLC
ISIN code GB0031192486
28 October 2002
Sale of Zimbabwe Gold Assets
Lonmin Plc announces the completion of the sale of its gold mining interests in
Zimbabwe to Pemberton International Investments Limited, a company in which Mr
Mzi Khumalo is interested, for a cash sum of US$15.5 million.
The sale is in line with the Group`s stated strategy to focus on platinum group
metals. In completing the sale the Group acknowledges the efforts of the entire
management team in Zimbabwe in the context of the recent difficult operating
conditions.
Press Anthony Cardew, +44 (0)20 7930 0777
enquiries: Cardew&Co.
This press release is available on http:www.lonmin.com
Date: 29/10/2002 08:57:00 AM Produced by the JSE SENS Department
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