UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
FORM 8-K CURRENT REPORT
Pursuant to Section 13 or 15(d) of the |
Date of Report: May 25, 2011
(Date of earliest event reported)
Stillwater Mining Company
(Exact name of registrant as specified in its charter)
DE
(State or other jurisdiction
of incorporation)
001-13053
(Commission File Number)
81-0480654
(IRS Employer
Identification Number)
1321 Discovery Drive
(Address of principal executive offices)
59102
(Zip Code)
4063738700
(Registrant's telephone number, including area code)
Not Applicable
(Former Name or Former Address, if changed since last report)
Item 2.02. Results of Operations and Financial Condition On May 25, 2011, Stillwater Mining Company issued precautionary statement indicating that day shifts at its operations were cancelled due to heavy road and highway flooding.
Item 9.01. Financial Statements and Exhibits
(a) Financial statements:
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Dated: May 25, 2011 |
STILLWATER MINING COMPANY
By: /s/ John R. Stark |
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Exhibit No. | Description |
99.1 | Press Release of Stillwater Mining Company dated May 25, 2011 |
BILLINGS, MT -- (Marketwire - May 25, 2011) - STILLWATER MINING COMPANY (NYSE: SWC) today issued a precautionary statement indicating that day shifts at its operations were cancelled due to heavy road and highway flooding. These conditions are preventing some employees from getting to and from work safely.
Additionally, prior to the flood conditions, the East Boulder Mine was in the process of changing out one of their two main ventilation fans due to a motor failure. A spare unit is on site to support this effort, which is estimated will take two or three shifts to complete. East Boulder Mine production has been placed on hold during the fan change out. The East Boulder concentrator is unaffected by this event and will continue to operate on its normal schedule.
Unusually heavy spring rains in addition to melting snow in the mountains has resulted in record high water in the rivers and streams in the surrounding areas. Stillwater Mining Company is coordinating with local governments and emergency response officials in an effort to monitor road closures and flooding conditions in order to ensure the health and safety of Company employees and their families.
About Stillwater
Stillwater Mining Company is the only U.S. producer of palladium and platinum and is the largest primary producer of platinum group metals outside of South Africa and the Russian Federation. The Company's shares are traded on the New York Stock Exchange under the symbol SWC. Information on Stillwater Mining can be found at its web site: www.stillwatermining.com.
CONTACT: Mike Beckstead Investor Relations (406) 373-8971