Palladium Investing News » Stillwater Mining reported loss of $131 million in Q4

Stillwater Mining reported loss of $131 million in Q4

March 17, 2009 @ 8:14 am In Palladium Company News

Stillwater Mining Co. that mines palladium and platinum announced that it lost $131.9 million in the fourth quarter, citing the world economy's slump.

Francis R. McAllister, Stillwater chairman and chief executive, said:

The 2008 results are truly disappointing, in particular after the company's comparatively strong performance earlier in the year.

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