Tentative Agreement Reached on Labor Contract at Stillwater Mine and Processing Facilities
Stillwater Mining Company (NYSE:SWC) and United Steel Workers International Union reported today that they have reached a tentative agreement.
Stillwater Mining Company (NYSE:SWC) and United Steel Workers International Union reported today that they have reached a tentative agreement.
Stillwater Mining Company (NYSE:SWC) reports significant strengthening in palladium and platinum prices, indicating that increasing demand and constrained production is influencing prices.
Stillwater Mining Company (NYSE:SWC) reports that day shifts at its operations were cancelled due to heavy road and highway flooding.
Stillwater Mining Company (NYSE:SWC) reports that representatives for Stillwater Mining Company and the USW International Union commenced negotiations in Montana.
Seeking Alpha reported on Stillwater Mining's position in the global market for platinum group metals, including palladium.
Mineweb reported that Stillwater's (NYSE:SWC) CEO reported 2010 as a great year for the company, even though its contract with Ford expired.
Weak auto sales numbers and the fears of a double-dip recession hindered the price of palladium in early July. However the metal has been rebounding due to better than expected earnings in the US, as well as on the promising news of European bank stress tests.
Automaker General Motors’ decision to end the palladium and rhodium supply agreement with US platinum-group metals producer Stillwater Mining is set to hit PGMs prices in the international market. For full story, click here
Stillwater Mining Company declared that it is not for the faint at heart, cautions growth stock expert Brandon Clay, noting the stock’s volatility. For full story, click here
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. For full story, click here
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