Stillwater Mine Closing 2025 Closure. SibanyeStillwater soars on surprise 93 millionmove on DRDGold The company says more cost-cutting is required at its American mining assets, after previously writing down their value by about $2.4 billion. 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".
Stillwater Mine Closing 2024 Dates Wilie Julianna from daiseyykizzee.pages.dev
The company says more cost-cutting is required at its American mining assets, after previously writing down their value by about $2.4 billion. 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
Stillwater Mine Closing 2024 Dates Wilie Julianna
the Columbus warehouse and the Nye mine in Stillwater County, and the East. The restructuring is likely to result in platinum and palladium production from the Stillwater assets in the US being reduced by approximately 200,000 ounces from 2025 On Wednesday morning, MTN News was granted a tour of the Stillwater Mine in Nye and the Columbus metallurgical complex to see how operations were going since the layoffs took effect.
Mine Closure and PostMining Transition Intergovernmental Forum. 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 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".
Stillwater Mine Closing 2024 Schedule Ilene Lavinie. The restructuring is likely to result in platinum and palladium production from the Stillwater assets in the US being reduced by approximately 200,000 ounces from 2025 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