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January 21, 2014
08:11 EDTSWCStillwater Mining reports Q4 mined production 141,100 ounces
Stillwater Mining announced production from its Montana mines and recycling results for Q4. Production of palladium and platinum from the company's Montana mine operations totaled 141,100 ounces in Q4, a 6.5% increase over the same period in 2012. Total Montana mine production for 2013 was 523,900 ounces, a 2.0% increase from the 513,700 ounces reported in fiscal 2012. Total mined production for 2013 exceeded the company's most recent guidance range of 505,000 to 515,000 ounces. During Q4, total volumes of palladium, platinum and rhodium processed from recycled material increased by 1.2% to 120,000 ounces compared to the same period of 2012. The company processed a record 616,700 ounces of PGMs from recycled material during 2013, a 38.5% increase from approximately 445,200 ounces processed during the prior year.
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