UPDATE 1-Lonmin aims for $400 mln rights issue, proceeds with job cuts plan

JOHANNESBURG, Oct 21 (Reuters) - Platinum producer Lonmin plans a $400 million rights issue of new shares and will proceed with a planned restructuring to cut 6,000 jobs in the face of depressed prices, it said on Wednesday.

from Reuters: New Issues News http://ift.tt/1NTrN0g