Stillwater Announces Q1 2013 Production Results

Stillwater Mining Company (NYSE:SWC) announced that in the first quarter, the company produced 98,100 ounces of palladium, exceeding the company’s forecast.

As quoted in the press release:

Commenting on the first quarter results, Frank McAllister, the Company’s chairman and CEO, stated, “We are very pleased to report excellent mine production and recycling results during the first quarter of 2013, as well as the good progress on our Montana development projects. In our view, the Company currently is positioned as well now, both operationally and financially, as at any time in its history. This is a direct result of the long-term planning and investment the Company has made in Montana. As we target increased PGM production in this complex ore body, it is also important to highlight the investment we have made in our workforce, and their safety, to achieve these goals.

Click here to read the full Stillwater Mining Company (NYSE:SWC) press release.