Stillwater Mine Closing 2025 Closure. Mlk Day 2024 Closures Image to u 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. It also noted that mining jobs in Montana paid an average salary of $106,00 in 2023.
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Sibanye-Stillwater is one of the world's leading international precious metals mining company, with a diverse asset portfolio division of the global mining company, announced restructuring plans for its Montana operations
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Sibanye-Stillwater has reported its operating and financial results for the six months and year ended 31 December 2024. 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
Contract talks to continue between Stillwater, union. 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 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
Stillwater Mine Closing 2025 Pamela Murphy. 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 Sibanye-Stillwater has reported its operating and financial results for the six months and year ended 31 December 2024.