Stillwater Mining Reports Increased Earnings for Second Quarter

Stillwater Mining Company (NYSE: SWC) reported net profit for the 2010 second quarter of $14.6 million, or $0.15 per diluted share, on revenues of $134.9 million.

The press release is quoted as saying:

This compares to second quarter 2009 net income of $4.6 million, or $0.05 per diluted share, on revenues of $94.8 million. Stronger realized PGM prices in the 2010 second quarter more than offset substantially lower ounce production compared to the second quarter of 2009.

Click here to access the entire press release

Click here to access Stillwater Mining Company Corporate Site