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February 27, 2013
08:12 EDTSWCStillwater Mining sees 2013 capital expenditures $172.8M
Stillwater Mining said its Montana mining operations as currently configured, function well at a production rate of approximately 500,000 combined ounces of palladium and platinum per year. Mine plans for 2013 once again have been structured to achieve that level of production. It is anticipated that total cash cost per ounce for the two Montana mines will average approximately $560 in 2013, 15.7% higher than the $484 per ounce averaged in 2012. Capital expenditures are budgeted to total approximately $172.8M for 2013, up from $116.6M in 2012. The increase is attributable primarily to additional capital requirements at the Marathon project, along with the acceleration of the Far West development area within the Stillwater Mine.
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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.

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