Stillwater Mining Company Suspends Day Shift Operations Due to Flooding

- May 26th, 2011

Stillwater Mining Company (NYSE:SWC) reports that day shifts at its operations were cancelled due to heavy road and highway flooding.

Stillwater Mining Company (NYSE:SWC) reports that day shifts at its operations were cancelled due to heavy road and highway flooding.

The press release is quoted as saying,

Additionally, prior to the flood conditions, the East Boulder Mine was in the process of changing out one of their two main ventilation fans due to a motor failure. A spare unit is on site to support this effort, which is estimated will take two or three shifts to complete. East Boulder Mine production has been placed on hold during the fan change out. The East Boulder concentrator is unaffected by this event and will continue to operate on its normal schedule.

For the complete press release, click here.

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