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Stillwater Mining Company (NYSE:SWC) announced its subsidiary Stillwater Canada Inc. has submitted an environmental impact study for the Marathon platinum group metals and copper project.
Stillwater Mining Company (NYSE:SWC) announced its subsidiary Stillwater Canada Inc. has submitted an environmental impact study for the Marathon platinum group metals and copper project.
As quoted in the press release:
The Marathon Project is located near the north shore of Lake Superior in Ontario, Canada, about ten kilometers north of the town of Marathon. Stillwater Mining Company owns 75% of the Marathon Project, and the remaining 25% is owned by Mitsubishi Corporation.
Stillwater’s Chairman and CEO, Frank McAllister said:
Submission of the EIS for the Marathon Project is an important early milestone in the development of this attractive PGM-copper resource. We appreciate the extensive efforts of the numerous consulting groups and environmental scientists who have contributed to the development of the EIS document. The Joint Federal-Provincial Review Panel will now coordinate consultations among the various communities and governmental interests affected by the Marathon Project in a process designed to balance the concerns of all the parties involved. We look forward to participating with these groups as the process moves forward.
Click here to read the Stillwater Mining Company (NYSE:SWC) press release. Â
