The Stillwater Mining Company, the only platinum and palladium mine in the United States, stands near Nye, Mont., on May 2, 2013. The owner of two precious metals mines in south-central Montana is stopping work on an expansion project and laying off about 100 workers because the price of palladium fell sharply in the past year, mine representatives said Thursday, Nov. 30, 2023. Sibanye-Stillwater announced the layoffs Wednesday at the mine near Nye, Mont., and other Sibanye-…
November 30, 2023
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Montana miner backs off expansion plans, lays off 100 due to lower palladium prices
The owner of two precious metals mines in south-central Montana is stopping work on an expansion project and laying off about 100 workers because the price of palladium fell sharply in the past year, mine representatives said Thursday.