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Stock Market & Financial Investment News

News Breaks
January 31, 2014
11:38 EDTSWCStillwater Mining announces suspension of Marathon permitting process
Stillwater Mining announced that Stillwater Canada has requested that the joint review panel suspend the Marathon project environmental assessment and panel hearings until further notice. The panel hearings were scheduled to begin on February 20. The joint review panel is responsible for the evaluation of the Environmental Impact Statement and is comprised of the Canadian Environmental Assessment Agency and the Ontario Ministry of the Environment. Mick McMullen, President and CEO, commented, "We have been working closely with our partner, Mitsubishi Corporation, to complete an updated Marathon project feasibility study. The study is not yet complete but the project team has identified several areas for further evaluation of operational and processing approaches and optimization options. As a result we have concluded, due to the potential for material changes to the project, it is in the best interest of all stakeholders for the feasibility study to be completed prior to the investment of further time and resources needed to facilitate the Environmental Assessment process."
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May 28, 2015
08:09 EDTSWCStillwater Mining says tentative agreement reached on labor contract
Stillwater Mining reported that the company has reached a tentative agreement with the United Steel Workers International Union on the terms of a new labor agreement at the Stillwater Mine and Columbus processing facility. The current contract, scheduled to expire on June 1, has been extended for one week. The members of United Steel Workers Local 11-001 will vote on the proposed agreement on June 4 and June 5.

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