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Stillwater Mining Company Reports Third Quarter 2016 Results

October 28, 2016 8:01 AM EDT

LITTLETON, Colo., Oct. 28, 2016 (GLOBE NEWSWIRE) -- Stillwater Mining Company (NYSE: SWC) today reported financial results for the quarter ended September 30, 2016.

Third Quarter 2016 Highlights:

Continued positive safety performance, with a reportable incidence rate decrease of 13.2% compared to the third quarter of 2015PGM mined sales of 131,800 ounces, an increase of 12.4% from 117,300 ounces sold during the third quarter of 2015Costs of metals sold of $498 per PGM mined ounce, down 15.3% from $588 per PGM mined ounce for the third quarter of 2015PGM mined production of 138,800 ounces, an increase... More