Stillwater Mining Company (SWC) Reports Q2 EPS of $0.01

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Stillwater Mining Company Reports Second Quarter 2016 Results

July 29, 2016 8:00 AM EDT

LITTLETON, Colo., July 29, 2016 (GLOBE NEWSWIRE) -- Stillwater Mining Company (NYSE: SWC) today reported financial results for the quarter ended June 30, 2016.

Second Quarter 2016 Highlights:

Notable safety performance improvement, with a reportable incidence rate decrease of 61.4% compared to the second quarter of 2015, resulting in the lowest quarterly rate on record (earliest statistics available from January 1, 2000)Mined palladium and platinum sales of 150,900 ounces, an increase of 13.5% from 133,000 ounces sold during the second quarter of 2015Costs of metals sold of $501 per PGM mined ounce, down 17.3% from $606 per PGM mined... More