Photo by: Duane Daws
JOHANNESBURG (miningweekly.com) – Investment group Old Mutual on Thursday decreased its voting rights in platinum miner Lonmin to below 7%.
Following the transaction, Old Mutual held 39.37-million, or 6.9%, voting rights in the platinum miner.
By Thursday afternoon Lonmin’s share price had fallen by 0.47% to R32.05 from Wednesday’s closing price of R32.20.