BUZZ-Lonmin: stock at record low as falling platinum prices wipe sheen off

** Platinum producer shares falls 9.8 pct to a life-low at 68.10 pence, suffering under falling platinum prices

** The miner said it will close two shafts at its mine in South Africa, cut about 6,000 jobs and reduced normalised annual production forecast by about 100,000 ounces for the next two years

** "At current metal price levels, the Company is EBITDA negative and our cost minimization plans are designed to improve this position as much as possible," co said in a statement

** Platinum prices have lost about 19 percent so far this year

** Stock second biggest loser on FTSE 250 midcap index and biggest drag on the Johannesburg mining index

** More than 1.1 million shares traded, crossing about 1.35 times a full day's average trading volume within the first hour of trading (abhiram.nandakumar.thomsonreuters.com@reuters.net)