Stillwater Mine Closing 2025 Closure

Stillwater Mine Closing 2025 Closure. Stillwater Major road closure planned after Lumberjack Days Sibanye-Stillwater encourages its stakeholders to participate in the CMSI's first. Sibanye Stillwater, the South African company that operates the nation's only major palladium mine in south-central Montana, said Thursday that it plans to lay off about 40% of its Montana workforce as it scales back its operation in an effort to offset losses caused by low metal prices

Construction about to start on Stillwater Mine Road YouTube
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the Columbus warehouse and the Nye mine in Stillwater County, and the East. Sibanye-Stillwater encourages its stakeholders to participate in the CMSI's first.

Construction about to start on Stillwater Mine Road YouTube

Citing the continuing plunge in the palladium market, Sibanye Stillwater announced Thursday in a letter to employees that it will undergo restructuring and layoffs at its Montana operations The company says more cost-cutting is required at its American mining assets, after previously writing down their value by about $2.4 billion. In 2017, the South African mining company acquired the Montana site through the $2.2bn purchase of Stillwater Mining and had already reduced some positions at the mine to reduce expenses

Stillwater Mine Closing 2024 Schedule Alma Lyndel. The state labor department said Thursday the 700-worker layoff represents about 13% of payroll jobs in Stillwater and Sweet Grass counties, as well as about 16% of mining jobs statewide the Columbus warehouse and the Nye mine in Stillwater County, and the East.

Malware News Owner of only US platinum mine confirms data breach after ransomware claims. Despite the challenges, Froneman described the Montana mine as a "strategic asset" in March, stating that "it was not due for closure at this stage". division of the global mining company, announced restructuring plans for its Montana operations