Palladium Company News Directory

Stillwater Mining Reports Q2 Earnings

Stillwater Mining Company (NYSE:SWC,TSX:SWC.U) today reported earnings results for the second quarter of 2014. Highlights included a rise of total cash and investments to $501.9 million during the quarter and the reduction of corporate overhead down 50 percent year on year.

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 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.

Northern Shield Resources to Receive $1.4 Million in Cash and Royalties From Sale of Wabassi Project

Northern Shield Resources Inc. (TSXV:NRN) has sold its remaining interest in the Wabassi property to private U.S. company Great Lakes Resources LLC for $1.4 million cash and royalties. As per the sale agreement, Northern Shield transferred its 49 percent interest in the Wabassi property and its 59 percent interest in the adjacent Max property to Great Lakes for a cash payment of $1.4 million.

Platinum Group Metals Reports Increase in Estimated Inferred Mineral Resource

Platinum Group Metals Ltd. (TSX:PTM,NYSE MKT:PLG) reported an increase in the estimated Inferred Mineral Resource at the Waterberg Joint Venture and adjacent Waterberg Extension to 29 Million ounces of platinum, palladium, rhodium and gold. Platinum Group Metals currently holds a 49.9 percent effective interest in the Waterberg JV as well as 87.0 percent of the Waterberg Extension property.

Stillwater Mining Confident in Long Term Demand

The Wall Street Journal reported today that Stillwater Mining Co. (NYSE:SWC) does not have plans to accelerate development of its new platinum and palladium mines despite the ongoing strike in South Africa. The company intends to bring its Montana Graham Creek project to production later in 2014 with an anticipated production output of 20,000 ounces per year, according to the Journal.

Midland Exploration Announces Partnership with JOGMEC and PGE Program in Labrador Trough

Midland Exploration Inc. (TSXV:MD) has announced that, in partnership with Japan Oil, Gas and Metals National Corporation, or JOGMEC, it will begin a field exploration program on its Pallas Platinum Group Elements project in the Labrador Trough. The two parties are entering into the second year of the agreement, and this field exploration program will involve prospecting guided by airborne magnetic targeting, and channel sampling of Midland's best known occurences of PGE's.