The essay is to be 8 pages with three to five sources, with in-text citations and a reference page.
It is this affiliate formed to handle the mining business that eventually became renamed as Lonmin Plc in 1999 (4-traders, 2014:n.p.). The company operates in three major segments of the mining industry, where it has an exploration department, an evaluation department and a PMG operations department. Despite the fact that the company runs its operations in different countries in the Weste African region, most of the operations of the company, which entail the refinement and marketing of the metals after being mined in different regions is undertaken in the Bushveld facility in south Africa (Lonmin Plc, 2014:n.p.). The company is listed in three different stock markets, where its shares are trade in Germany, USA and in the UK. The market capitalization of the company as at 2014 was worth US$ 146.7 billion, which is equivalent to 95 billion British pounds (Guru Focus LLC, 2014:n.p.). The company has total 583.8 million outstanding shares, whose prices in the stock market ranges at between 160.70 and 163.64 British pounds (Guru Focus LLC, 2014:n.p). The company held a total of38,2923 employees by the close of the financial year 2014, with 28,276 of the employees being employed full time, while 10,016 operated as part time employees.
The company holds a considerable value of assets, both in its operating assets such as the machineries and equipment, as well as the stock of minerals in the various mines that the company has explored. While some of these minerals are already extracted and their value well verified, there is still some more whose value is still to be ascertained. The graph below presents the assets of the company that are held in minerals.