Mitsubishi buys 25% of Marathon PGM project

Billings, Montana-based palladium and platinum producer Stillwater Mining has agreed to sell a 25% stake in its Marathon project in Ontario to Mitsubishi for $94.6-million, including a commitment from the Japanese firm to meet the venture’s...

Stillwater's McAllister 'not discounting' $3 000/oz platinum in 12 months

The platinum price could reach as high as $2 500/oz and palladium $1 400/oz, Montana-based miner Stillwater CEO and chairperson Frank McAllister said on Wednesday. The combination of sharp cost increases in South Africa, the world’s source for...

Stillwater looking at more assets for potential acquisitions

US platinum-group-metals producer Stillwater Mining is looking at “a number of things” for continued growth of the company, CEO Frank McAllister told analysts on Tuesday. Stillwater, which produces palladium and platinum from two mines in the...

Platinum-palladium price gap will narrow further - Stillwater

The difference between the prices for platinum and palladium will likely continue to decrease, Stillwater Mining CEO Frank McAllister said on Thursday. Both metals are used primarily in emissions-reducing autocatalysts, but platinum is currently...

Stillwater sees 'robust' outlook for palladium, other PGMs

US platinum-group-metals (PGM) miner Stillwater Mining expects to benefit from stronger PGM prices overall, and in particular from a narrowing of the gap between platinum and palladium prices, CEO Frank McAllister said this week. Prices for...

US PGM producer prioritises training as skills crunch constrains output

US platinum-group metals miner Stillwater Mining is taking a “robust” approach to attracting and training new miners at its Montana mines, after labour issues in 2007 were largely responsible for a 10% decline in production during the...

Stillwater inks deal to recycle autocat PGMs

Stillwater Mining said Wednesday that Power Mount will supply autocatalysts, which are rich in platinum group metals, for Stillwater torecycle at its Montana smelting and refining facility.