Lonmin news priced into platinum, but seen firm

Newswire

By Clare Black LONDON, Jan 24 (Reuters) - Platinum prices eased back from 17-year highs on Friday after the world's third-biggest listed miner Lonmin Plc confirmed a small fall in output, but analysts said a world supply deficit would keep prices firm. South Africa's Lonmin said it expected to produce at least 840,000 troy ounces of platinum in the year to the end of September, down 30,000 ounces for the year because of an explosion that damaged its Western Platinum smelter last month. ...

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