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Morning news wrap: BSkyB, Kazakhmys, 3i, Lonmin and Rolls-Royce

In the FTSE 100, broadcaster BSkyB (LSE: BSY) said it had taken the total number of customers to 9.7 million with net additions of 172,000 in Q2, while H1 revenues climbed 10% to £2.9 billion.

Copper miner Kazakhmys (LSE: KAZ) reported at annual cathode equivalent production of 320 kt (kilotonnes), which was ahead of target.

Private equity group 3i (LSE: III) said realisations in Q3 amounted to £270 million to bring the total for the first nine months to £777 million compared to £942 million for the equivalent period of 2008.

Platinum miner Lonmin (LSE: LMI) said its underground mining operations at Marikana produced 2.6 Mt (million tonnes) in Q1, which is a like for like decline of 3.9%.

Turbine manufacturer Rolls Royce (LSE: RR) has won a share of an order from Jetstar Airways for V2500 engines to power up to 90 Airbus A320 family aircraft. The order can be worth up to US$1.2 billion to Rolls Royce.

In AIM, Specialty minerals exploration and development company Thor Mining (AIM: THR) said continuing depressed molybdenum and tungsten prices along with the strength of the Australian Dollar against the US Dollar further delayed the development of its Molyhil project.

Planet Payment (AIM: PPT) has secured an agreement to provide its Pay in Your Currency service to merchants in the UAE.

South Africa and Botswana operating diamond miner Firestone Diamonds (AIM: FDI) has completed its planned review of historical data from the eight kimberlites in the Orapa kimberlite field in Botswana covered by its JV, now planning large diameter drill sampling on BK24 and geophysical surveys and core drilling on remaining kimberlites.

www.proactiveinvestors.co.uk/companies/news/12693/morning-news-wrap-bskyb-kazakhmys-3i-lonmin-and-rolls-royce-12693.html



Disclosure: The author holds no positions in the company