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Stillwater Mining Co. (TSX:SWC.U,NYSE:SWC) announced its results for the third quarter of 2013, commenting that it recorded a consolidated net loss attributable to common stockholders of $201.5 million, or $1.69 per diluted share. That includes a $290.4-million (before-tax) impairment charge on its Argentina-based Altar property.
Stillwater Mining Co. (TSX:SWC.U,NYSE:SWC) announced its results for the third quarter of 2013, commenting that it recorded a consolidated net loss attributable to common stockholders of $201.5 million, or $1.69 per diluted share. That includes a $290.4-million (before-tax) impairment charge on its Argentina-based Altar property.
Other highlights include:
- Third quarter mine production of 124,200 PGM ounces, 2013 full-year mine production guidance increased to a range of 505,000 to 515,000 ounces of PGMs
- 167,500 ounces of PGMs processed from recycled material during the third quarter, a 74.1% increase over the third quarter of 2012
- Third quarter total cash costs of $427 per mined ounce – 2013 total cash costs guidance reduced to a range of $530 to $540 per ounce
- Capital expenditure guidance for 2013 reduced further to a range of $125 to $135 million
- Cash and highly liquid investments totaling $464.2 million at September 30, 2013
Click here to read the full Stillwater Mining Co. (TSX:SWC.U,NYSE:SWC) press release.Â
