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Commodity Online.com reports that many palladium miners reported large profits in Q3.
Commodity Online.com reports that many palladium miners reported large profits in Q3.
The story is quoted as saying:
Stronger realized PGM prices in the third quarter of 2010 more than offset lower sales volumes in the third quarter of 2010 as compared to the third quarter of 2009. For the first nine months of 2010, Stillwater Mining Company reported net income of $33.8 million, or $0.34 per fully diluted share, on revenues of $411.2 million. In the first nine months of 2009, the company reported a net loss of $2.9 million, or $0.03 per diluted share, on revenues of $292.6 million