Stillwater Mining Posts Fourth Quarter Results
Reuters reported Stillwater Mining Co (NYSE:SWC) posted fourth-quarter results beating market expectations.
Reuters reported Stillwater Mining Co (NYSE:SWC) posted fourth-quarter results beating market expectations.
Stillwater Mining Company (NYSE:SWC) reports that representatives for Stillwater Mining Company and the USW International Union commenced negotiations in Montana.
Analysts are optimistic that bullish trends will continue to lend a shine to precious metals in 2011, namely platinum and palladium.
Republican Congressman Denny Rehberg is pushing for new eagle coins, which would contain one troy ounce of 0.9995 palladium and carry a legal tender face value of US$25, through a bill called the American Eagle Palladium Bullion Coin Act of 2010.
Political wrangling over the General Motor bailout could well be the silver lining for Stillwater Mining Co. Other automakers continue to use palladium, thereby ensuring higher prices.
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