Lonmin worker dies in South Africa

Platinum group metals (PGMs) producer Lonmin has closed its Rowland shaft in South Africa after one of its workers died.

The fatality took place on Friday June 22nd, the company said, but no details about the incident were given.

Article continues below

Try 6 free issues of MoneyWeek today

Get unparalleled financial insight, analysis and expert opinion you can profit from.

Start your trial

https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

"The shaft will remain closed until that investigation, which is being undertaken in partnership with all stakeholders, is complete."

Speaking on Monday, Chief Executive Officer Ian Farmer said: "On behalf of the whole Company I would like to extend our deepest sympathies to the family and friends of our colleague who has died.

"Safety is our absolute number one priority and we will work with stakeholders to determine the cause of this tragic incident as quickly as possible."

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.