Stillwater Mining Company (SWC) Misses Q4 EPS by 3c
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Stillwater Mining Company Reports Fourth Quarter and Full-Year 2016 Results
February 16, 2017 8:00 AM ESTLITTLETON, Colo., Feb. 16, 2017 (GLOBE NEWSWIRE) -- Stillwater Mining Company (Stillwater or the Company") (NYSE: SWC) today reported financial results for the quarter and year ended December 31, 2016.
Fourth Quarter 2016 Highlights:
Announced proposed acquisition of Stillwater by Sibanye Gold Limited ("Sibanye") for USD$18 per share in cashPGM mined sales of 134,500 ounces, an increase of 11.8% from 120,300 ounces sold during the fourth quarter of 2015Costs of metals sold of $525 per PGM mined ounce, down 1.7% from $534 per PGM mined ounce for the fourth quarter of 2015PGM mined production of 132,100 ounces, compared... More