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Lonmin

Lonmin was a South African platinum-group metals mining company, once among the world's largest primary producers of platinum. It operated mines in the Marikana area of the North West province, near Rustenburg, where mining and processing formed the core of its business. The company was listed on the London Stock Exchange and the Johannesburg Stock Exchange for most of its existence. Lonmin's operations included underground and open-pit mining, concentrating, smelting and refining of platinum-group metals for industrial and jewellery markets. The company became internationally known following the 2012 Marikana massacre, in which police shot dead 34 striking mineworkers during a wage dispute at its Marikana operations, an event that drew lasting scrutiny of labour relations and safety practices in South African mining. Lonmin faced years of financial difficulty afterwards, driven by weak platinum prices, high production costs and reputational damage. It underwent restructuring and rights issues in an attempt to remain viable. In 2019, Sibanye-Stillwater acquired Lonmin in an all-share deal, absorbing its Marikana operations into Sibanye-Stillwater's platinum-group metals portfolio. The company traces its origins to the London and Rhodesian Mining and Land Company, founded in the early twentieth century, before evolving into a focused platinum producer. Lonmin no longer exists as an independent entity, but its Marikana operations and legacy remain a significant reference point in South African mining and labour history.

Lonmin Updates

Anglican Archbishop of Cape Town Dr Thabo Makgoba

Marikana anniversary highlights need for trust, shared responsibility

By: Lumkile Nkomfe      18th August 2026 The mining industry must deepen trust with workers and host communities through sustained engagement, accountability and shared responsibility,... 

Sibanye-Stillwater EVP Mining Operations Dawie van Aswegen.

R964m to be spent at Sibanye-Stillwater's K4 platinum group metals shaft 

By: Martin Creamer     13th July 2026 Remaining project capital of R964-million of the total of R4.4-billion in real 2026 terms is to be spent this year and next on Sibanye-Stillwater’s... 

Sibanye-Stillwater CEO Dr Richard Stewart.

Sibanye-Stillwater declares its South African platinum assets ‘world’s best’ 

By: Martin Creamer     23rd June 2026 If you gave me an option to have any portfolio of platinum group metal (PGM) assets in the world, this is the portfolio I would take – without a... 

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