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	<title>Montana - Good for Business &#187; mining areas</title>
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		<title>Stillwater Mine Report Upsurge in Profits and Production in the 3rd Quarter</title>
		<link>http://www.asurefit.com/business/2009/10/20/stillwater-mine-report-upsurge-in-profits-and-production-in-the-3rd-quarter/</link>
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		<pubDate>Tue, 20 Oct 2009 17:05:26 +0000</pubDate>
		<dc:creator>Admin - Rick</dc:creator>
				<category><![CDATA[Montana]]></category>
		<category><![CDATA[automotive supply]]></category>
		<category><![CDATA[catalytic converter]]></category>
		<category><![CDATA[general motors]]></category>
		<category><![CDATA[miners]]></category>
		<category><![CDATA[mining areas]]></category>
		<category><![CDATA[nyse]]></category>
		<category><![CDATA[palladium]]></category>
		<category><![CDATA[platinum group metal]]></category>
		<category><![CDATA[stillwater mining company]]></category>

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		<description><![CDATA[Stillwater Mining Company reports third quarter production and profits are up.  In spite of General Motors and a bad for Montana bankruptcy court ruling the mine is now flourishing.  It does help to be the only source of platinum and palladium in the western hemisphere.
Here is a news article and the companies press release:
Profits Surge [...]]]></description>
			<content:encoded><![CDATA[<p><span>Stillwater Mining Company reports third quarter production and profits are up.  In spite of General Motors and a bad for Montana </span>bankruptcy court ruling the mine is now flourishing.  It does help to be the only source of platinum and palladium in the western hemisphere.</p>
<p>Here is a news article and the companies press release:</p>
<p><strong>Profits Surge at Stillwater Mines</strong><br />
<a href="http://www.keci.com/Profits-Surge-at-Stillwate-Mines/5442415" target="_blank">Short but Complete Article</a></p>
<p>Steve Fetveit (10/14/09) KECI.com<br />
Montana&#8217;s Stillwater Mines are reporting a full recovery from the economic doldrums of a year ago that threatened to put more than a thousand miners in the unemployment line.</p>
<p>Last July, bankrupt U.S. automaker General Motors was scrambling for survival.  A bankruptcy court allowed the automaker to scrap a production contract with Montana&#8217;s Stillwater Mining Company in favor of cheaper foreign suppliers in Russia and South Africa.  The move threw the future of the mines into question.</p>
<hr /><strong>Third Quarter Production and Pricing Statistics</strong></p>
<p><a href="http://phx.corporate-ir.net/phoenix.zhtml?c=99837&amp;p=irol-newsArticle_Print&amp;ID=1342053&amp;highlight=" target="_blank">Complete Report</a><br />
COLUMBUS, MT, Oct 14, 2009 (MARKETWIRE via COMTEX) &#8212; STILLWATER MINING COMPANY (NYSE: SWC) released today preliminary third quarter and year-to-date production results, total cash costs per ounce and realized metal prices for its two operating mines and volumes processed in its platinum-group metal (PGM) recycling activities.</p>
<p>While the Company believes that the statistics presented below are accurate, the quarterly review by the Company&#8217;s independent auditor is not yet complete. Consequently, the information shown may be subject to revision in the Company&#8217;s forthcoming Quarterly Report on Form 10-Q for the third quarter 2009.</p>
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