New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 25, 2013
19:40 EDTSWCStillwater Mining acknowledge Clinton Group's intent to nominate directors
Stillwater Mining confirmed that Clinton Group, a 1.1% Stillwater shareholder, advised the company of its intent to nominate a slate of eight director candidates to stand for election at the company's 2013 Annual Shareholders Meeting. Stillwater's management and a sub-set of its Board recently met with Clinton at Clinton's request to discuss their public letter dated December 20, 2012. Stillwater has separately analyzed the points raised in Clinton's letter with its board and outside advisors. Stillwater notes that Clinton has minimal experience in the mining industry and has failed to recognize the significant positive momentum in Stillwater's business. Furthermore, several of Clinton's proposals are substantially aligned with actions that have been in progress at Stillwater for some time to ensure that the company is ideally positioned to benefit from the positive structural trends in the PGM market, thereby creating sustainable value for all Stillwater shareholders. The date for the 2013 Annual Meeting has not yet been announced.
News For SWC From The Last 14 Days
Check below for free stories on SWC the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
April 17, 2014
16:17 EDTSWCStillwater Mining reports Q1 production from Montana mines
Production of palladium and platinum from the company's Montana mine operations totaled 130,700 ounces in the first quarter, a 2.8% increase over the same period in 2013. The 18.8% increase in East Boulder Mine production in this year's first quarter compared to the first quarter of 2013 was driven by slightly higher realized ore grades and higher tons mined. The 3.0% decline in ounces produced at the Stillwater Mine reflected lower ore tons mined and increased allocation of resources to development activities during the 2014 first quarter compared to the first quarter of 2013. During the first quarter, total volumes of palladium, platinum and rhodium processed from recycled material totaled 101,500 ounces, a decrease of 34.2% compared to the same period in 2013. The decrease in recycling volumes during the first quarter of 2014 was primarily due to weather related issues. Recycling material deliveries have increased subsequent to the end of the first quarter as overall weather conditions have improved.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use