BILLINGS, MT--(Marketwired - Oct 24, 2013) - STILLWATER MINING COMPANY (NYSE: SWC) (TSX: SWC.U) (the "Company") announced today that mined production of palladium and platinum from its Montana operations for the third quarter of 2013 totaled 124,200 ounces, a 2.2% reduction compared with total mine production in the third quarter of 2012 of 127,000 ounces.
During the third quarter of 2013, the Company increased total volumes of palladium, platinum and rhodium (PGMs) processed from recycled material by 74.1% to 167,500 ounces compared to the same period of 2012.
Production from Montana Mines 2013 Mine Production by Quarter
(Mined Ounces)
First Quarter
Second Quarter
Third Quarter
Year-To-Date
Stillwater Mine
92,600
91,000
83,800
267,400
Palladium
71,300
70,200
64,500
206,000
Platinum
21,300
20,800
19,300
61,400
East Boulder Mine
34,500
40,500
40,400
115,400
Palladium
26,800
31,500
31,200
89,500
Platinum
7,700
9,000
9,200
25,900
Company Total
127,100
131,500
124,200
382,800
Palladium
98,100
101,700
95,700
295,500
Platinum
29,000
29,800
28,500
87,300
For the first nine months of 2013, total mined production was 382,800 ounces, slightly more than the 381,200 ounces reported in the first nine months of 2012.
Production from Recycling Activities
During the third quarter of 2013, the Company processed 167,500 ounces of PGMs from recycled material. This compares to 96,200 ounces processed during the same period of 2012. During the first nine months of 2013, the Company processed a record 496,700 ounces of PGMs from recycled material, a 52.1% increase from approximately 326,600 ounces processed during the first nine months of 2012. Recycled material reported as processed for the third quarter of 2013 includes an allocation of approximately 4,200 PGM ounces recovered from reprocessed furnace brick.
2013 Recycling Production by Quarter
(Recycled Ounces Processed)
First Quarter
Second Quarter
Third Quarter
Year-To-Date
Company Total
154,200
175,000
167,500
496,700
About Stillwater Mining Company
Stillwater Mining Company is the only U.S. producer of palladium and platinum and is the largest primary producer of platinum group metals outside of South Africa and the Russian Federation. The Company's shares are traded on the New York Stock Exchange under the symbol SWC and on the Toronto Stock Exchange under the symbol SWC.U. Information on Stillwater Mining can be found at its website: www.stillwatermining.com.
Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!
