Shares in African miner Lonmin dive after violence
LONDON (AP) — Shares in platinum miner Lonmin PLC fell as much as 8 percent Friday after it was revealed that South African police officers killed more than 30 striking miners at the company's platinum mine.
Since violence broke out last weekend at the Marikana mine, 60 miles (100 kms) west of Pretoria, shares have fallen by as much as 20 percent, at one time wiping some 390 million pounds ($610 million) off the company's market value.
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