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Stillwater lays off 119 workers

Michael Allan McCrae | August 18, 2015 | 3:24 pm Base Metals Precious Metals Gold Palladium Platinum 

Stillwater Mining (NYSE:SWC) announced yesterday that it is reducing its workforce by 119 workers due to a "deteriorating" PGM market environment. In the last year, spot platinum prices have slumped by almost a third. Most of the layoffs will happen...

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