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December 2, 2008
Vulnerable Lonmin BEE Incwala mulling platinum downturn's depth and duration
JOHANNESBURG (miningweekly.com) - Lonmin's vulnerable black economic empowerment partner Incwala Resources was mulling the depth and duration of platinum's downturn and studying debt structures and implications, Incwala chairperson Mutle Mogase said on Tuesday.
Mogase, who is also executive chairperson of Vantage Capital, told Mining Weekly Online that significant impact on cash flow could be expected.
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Posted by StaffWriter at December 2, 2008 7:23 AM