US diversified miner finds platinum in Idaho

US-based exploration mining company Texas Wyoming Drilling’s (TWDL’s) unexpected platinum deposits discovery at its Blue Jacket gold mine in Idaho, in the US, could make it only the second miner in the US to produce viable amounts of...

Stillwater mines back to normal, sees 'negligible' effects on output

Stillwater Mining's two platinum-group-metals operations in Montana have returned to normal operations, after disruptions last week, and the company does not expect the stoppages will have any material effect on production levels, the firm said on...

Stillwater Mining gains ground on costs, boosts outlook

US platinum-group metals miner Stillwater Mining increased its profit in the third quarter to $4,4-million, compared with $0,1-million a year earlier, in large part thanks to improvements in operating costs at the company's two Montana mines, CEO...

Stillwater Mining increased platinum, palladium output in Q3

US platinum-group metals (PGM) producer Stillwater Mining increased its production in the third quarter to 129 100 oz, compared with 120 000 oz in the same period a year earlier, and expects to beat its full-year guidance of 496 000 oz for 2009....

PGM-miner Stillwater posts $4,2m profit, costs fall

US platinum-group metals producer Stillwater Mining earned $4,2-million in the second quarter, compared with $16,3-million a year earlier, and a first-quarter net loss of $11,6-million. Profit was hurt by significantly lower metals prices,...

PGM miner Stillwater says meeting targets post restructuring

US platinum-group metals (PGM) miner Stillwater Mining is reaping the benefits of a restructuring plan implemented late last year in response to slumping metal prices, CEO Francis McAllister said on Thursday. Stillwater produces palladium and...

Palladium stands to gain from growing PGM interchangeability

Recent technological advances mean that the three platinum-group metals – platinum, palladium and rhodium – can be increasingly substituted for one another in a variety of industrial applications, and particularly in emissions-reducing...

Project delays, mine shutdowns and cutbacks

A chronological summary of project delays, mine shutdowns and production cutbacks announced by miners around the world in response the falling metals prices and tightening financial markets. Begins July 2008.

PGM-miner Stillwater plans to cut output, jobs

US platinum-group metals (PGM) miner Stillwater Mining will scale down operations at its East Boulder mine, reduce capital expenditure and cut jobs across the group, in an attempt to stay profitable after palladium and platinum prices fell more...

Can Kearney help with Stillwater turnaround?

Former Impala Platinum (Implats) CEO Steve Kearney was, last month, installed as a director of the board of mining company Stillwater – a move which some believe will significantly strengthen America’s only platinum producer.