Stillwater Mine Closing 2025 Closure. Mine Closure and PostMining Transition Intergovernmental Forum 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". The company says more cost-cutting is required at its American mining assets, after previously writing down their value by about $2.4 billion.
Stillwater Mine Closing 2024 Schedule Ilene Lavinie from mornaywillabella.pages.dev
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 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
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 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
Community braces for Stillwater Mine layoffs. 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. 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
Stillwater Mine Closing 2024 Schedule Ilene Lavinie. Sibanye-Stillwater has reported its operating and financial results for the six months and year ended 31 December 2024. 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