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Company News

Stillwater Mining Reports Mined Production and Recycling Results for Q2

Stillwater Mining Company (NYSE:SWC,TSX:SWC.U) reported its second quarter 2014 platinum group metals production from its Montana mines and recycling activities. Production of palladium and platinum from Stillwater's Montana mine operations amounted to126,400 ounces in the second quarter of 2014, compared with total mine production of 131,500 in the same period of 2013.

NovX21 Shareholders Approve Resolutions at Annual Meeting

NovX21 Shareholders Approve Resolutions at Annual Meeting

NovX21 Inc. (TSXV:NOV) shareholders approved all resolutions at the Annual Meeting of Shareholders held on Friday, July 4, 2014, in Montreal, Quebec. André Boulanger, Sylvain Boulanger, René Branchaud, John LeBoutillier and Jean-Paul Schaack were re-elected as directors, and a shareholder rights plan was adopted.

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Market News

Palladium Rises to 13 Year High on Russian Sanctions, Lower Anglo Output

Kitco News reported this week that further sanctions from the United States against Russia in the ongoing crisis surrounding Ukraine, together with a lower reported output of PGM's from Russia, shot palladium prices to another 13 year high, according to analysts.

Platinum and Palladium Reach Highs This Week on U.S. Car Sales, News of New Strike

The Wall Street Journal reported this week that platinum and palladium prices reached ten month and two week highs respectively this week as the U.S. posted higher than expected automobile sales and news of a possible new mining strike in South Africa following the end of the long running strike by the Association of Mineworkers and Construction Union.

North American Palladium Producers Could Do Well in Light of Strikes

Writing for Seeking Alpha, contributor David White suggested that North American palladium producers could stand to do well in light of ongoing strikes in South Africa, specifically taking a look at North American Palladium (TSE:PDL) and Stillwater Mining Co.(NYSE:SWC).

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