Stillwater Mine Closing 2025 Closure. Stillwater Mine (Beartooth Mountains, Montana, USA) 20 Flickr Senator Steve Daines of Montana said in a news release: "Heartbreaking news out of Sibanye-Stillwater Mine as 700 hard-working Montanans are set to lose their jobs." The news release also. 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
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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. 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".
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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 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. It also noted that mining jobs in Montana paid an average salary of $106,00 in 2023.
Stillwater Mine Closing 2024 Season Marja Shandie. 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 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.
Cny Schools Closed On April 8 2024 Meggy Bethany. The announcement has raised concerns among its employees and the local community. 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