Miner declines on Lonmin cash call

London's blue chip index has opened the week marginally lower, down 12.54 points, or 0.28%, to 4,449.55 at 8.15am. Lonmin is among the heaviest decliners this morning after announcing it will issue 35m shares at 900p apiece in a 2 for 9 rights issue. The cash call comes as Lonmin posted a $196m pre-tax loss in the six months to March 31. Its share price has fallen 4.25% to £15.53 early. Fellow miners Eurasian and Vedanta are also behind, down 3.32% to 656p and 3.07% to £12.61 respectively. Specialist chemicals company Johnson Matthey leads the losses so far, down 5.81% to £12. Better ...