Stillwater Mining production up; VP resigns

2014-04-18T06:22:00Z 2014-05-01T11:58:05Z Stillwater Mining production up; VP resignsThe Associated Press The Associated Press
April 18, 2014 6:22 am  • 

Montana's largest mining company says its precious metals production rose modestly while recycled metal volumes dropped sharply in the first quarter of 2014.

Stillwater Mining Co. reported that platinum and palladium production from the company's two mines in the Beartooth Mountains increased by more than 3,000 ounces. That's up 2.8 percent over the same period last year.

But volumes of precious metals recycled fell by more than 50,000 ounces. The company blamed the 34 percent decline on temporary, weather-related issues.

The Billings-based company this week also announced the resignation of Kevin Shiell, vice president of mining operations since 2011. No reason was given except that Shiell would be pursuing other interests.

A conference call with investors is planned for May 1.

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

No Comments Posted.

Comment policy

We provide this forum for readers to exchange ideas and opinions on the day's news. Passionate views, pointed criticism and critical thinking are welcome. Name-calling, crude language and abuse are not. You must be logged into a personal account on Facebook to comment (FAQ). Readers are responsible for their comments and abuse of this privilege will not be tolerated. We reserve the right, without warning or notification, to remove comments and block users we determine violate our Terms of Service. Comments reflect the opinions of the author - not those of The Billings Gazette or its parent company.

Add Comment
You must Login to comment.

Click here to get an account it's free and quick

More from the Gazette

Bullock vetoes 'fiscally irresponsible' GOP tax cut bill

Bullock vetoes 'fiscally irresponsible' GOP tax cut bill

2 hours ago Photos

Photos

Related (0)

Budget office disputes tax revenue double-counting claim

March 05, 2015 6:30 pm(0)
Budget director says budget crafted by Republicans is 'unacceptable'

Budget director says budget crafted by Republicans is 'unacceptable'

March 05, 2015 4:30 pm(3)

Follow The Billings Gazette

Popular Stories

Get weekly ads via e-mail

Deals & Offers

Featured Businesses