Lonmin PLC was incorporated in United Kingdom on May 13, 1909. The Company is engaged in extraction, refining, production and marketing of Platinum Group Metals. The Company operates in three segments including PGM Operations, Evaluation, and Exploration. The PGM Operations segment comprises operational mines and processing facilities which are located in South Africa. The Evaluation segment relates to the Akanani asset which is located in South Africa and is in the evaluation stage. The Exploration segment relates to the costs of exploration projects which have the objective of identifying PGM deposits which can be commercially realized and which can occur anywhere in the world. The Company operates in South Africa, Asia, Europe and The Americas.
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