Stillwater Mining Company Comments on Stronger PGM Prices

Stillwater Mining Company (NYSE:SWC) reports significant strengthening in palladium and platinum prices, indicating there is an increasing demand and constrained production influencing prices.

The press release is quoted as saying,

The afternoon platinum price on the London Bullion Metal Association fixed at $1828 per troy ounce today, up $42 per ounce, or 2.4%, from Friday’s close, while palladium fixed at $777 per troy ounce, up $20 per ounce, or 2.6%, from Friday’s afternoon quote.

For the complete press release, click here.