Stillwater Mining Co. / SWC (NYSE)

    Last Update: 5:55 PM ET Sep 28, 2006


    BILLINGS, Mont., Sept 28, 2006 /PRNewswire-FirstCall via COMTEX/ -- STILLWATER MINING COMPANY (SWC) n commenting on the effect on 2006 performance of the recent wildfires in south central Montana, has reaffirmed its earlier production and cost guidance for the year.
    Francis R. McAllister, the Company's chairman and CEO, offered the following commentary:
    "We had a number of press releases in August and September regarding temporary mine closures due to area wildfires. The fires covered a very large area -- nearly a quarter of a million acres -- but never directly threatened our mines."
    "In 2005, the Company's mine production was 554,000 ounces of PGMs, of which 428,000 ounces was palladium and 126,000 ounces was platinum. For 2006, the Company expects PGM mine production of about 600,000 ounces, with total consolidated cash costs of approximately $300 to $315 per ounce. This is in line with our guidance for the year, despite the closures experienced due to the wildfires."
    "The mine production is only part of our production story, as we expect continued expansion of our recycling activities. For 2006, these are up 65% over 2005 at about 325,000 ounces of PGMs from spent catalytic converters."
    For the latest Stillwater Mining Presentation, delivered at the Denver Gold Forum on September 25th, please visit http://events.onlinebroadcasti…6/feed_live.php?co=stillw ater.
    Stillwater Mining Company is the only U.S. producer of palladium and platinum and is the largest primary producer of platinum group metals outside of South Africa and Russia. The Company's shares are traded on the New York Stock Exchange under the symbol SWC. Information on Stillwater Mining, including the full text of Mr. McAllister's remarks, can be found at its website: http://www.stillwatermining.com.


    SOURCE Stillwater Mining Company

    15 Montana Students to Get Close Up Civics Lesson
    Stillwater Mining, Norilsk Nickel partner on student trip to nation's capitol


    BILLINGS, Mont., March 22, 2007 /PRNewswire-USNewswire via COMTEX/ -- Fifteen high school students, all children of Stillwater Mining Company employees, will travel to Washington, D.C., on a Close Up Foundation program from March 25-31 to experience U.S. government and policymaking first-hand, Frank McAllister, Stillwater Mining's chief executive officer, announced today. All expenses for the trip were provided by Norilsk Nickel, which made a majority investment in Stillwater almost four years ago.
    "This is a unique opportunity for students in Montana to learn close up the importance of civic participation in our political process," McAllister said.
    "We are always looking for ways to demonstrate our commitment to the mine and the people of Montana, and we see this as just one more way of doing that," Sergey Chernitsyn, Norilsk Nickel's director of public relations, said.
    Russia-based Norilsk Nickel holds a 55.4 percent stake in Stillwater, the sole producer of platinum group metals in the United States. Norilsk's contribution to the U.S. market began with the Stillwater investment, which was the first Russian majority investment in a Western publicly traded company. The Close Up Foundation, the nation's largest nonprofit, nonpartisan citizenship education organization, was founded in 1970 to promote informed civic participation through educational programs and organized tours to Washington, D.C.
    The goal of the excursion is to expose students to basic concepts of government and citizenship. In addition to engaging in workshops and discussions with peers and policy analysts, the students will visit memorials and explore D.C.'s neighborhoods and landmarks. The students will spend Thursday, March 29, on Capitol Hill meeting with their senators and representative.
    More than 20,000 students, teachers, and others take part in Close Up's programs in Washington, D.C., each year. Since 1971, nearly 650,000 students, educators, and others have participated in Close Up programs.
    The students making the trip are: Aubrey Carter, Absarokee High; Daniel Wiemals, Billings Senior High; Kylie Potter, Billings West High; Cameron Ruttenbur, Laurel High; Jessica Cady, Park City High; Kenny Pratten, Reed Point High; Macey McClennen, Big Timber High; Tim Baker and Luke Epperson, Columbus High; Stacy Rieb and Travis Songstad, Joliet High; Hanna Gertiser and Kynsi Berg, Park Senior High; and Chelsea Lynde and Jacob Gavrielides, Red Lodge High.
    Stillwater Mining Company (SWC: Stillwater Mining Company) ( http://www.stillwatermining.com) is one of the world's leading producers of platinum group metals (PGMs) and the only significant primary producer of palladium in the Western Hemisphere. The company extracts, processes, and refines platinum, palladium, and associated minerals at mines and a smelter in Montana.
    Norilsk Nickel ( http://www.nornik.ru/en) is Russia's largest mining and metallurgical company and the world's largest producer of nickel and palladium, as well as a major producer of platinum and copper. Norilsk Nickel is listed on the MICEX and RTS Russian stock exchanges (GMKN_RU), and the company's ADRs are traded over the counter in New York (NILSY_US), London (MNOD_LI) and Berlin (NNIA_GR). Norilsk Nickel has international offices and production assets in the United States, Europe, Asia and Russia, including Stillwater Mining Company in the United States.
    SOURCE Norilsk Nickel

    Editors are advised that a high-resolution photo is available to accompany the news release, DCTH026, 15 Montana Students to Get Close Up Civics Lesson, issued Mar 30, 2007 /PRNewswire via COMTEX/ -- Editors are advised that a high-resolution photo is available to accompany the news release, DCTH026, 15 Montana Students to Get Close Up Civics Lesson, issued March 22 by Norilsk Nickel.
    Caption: U.S. Sen. Max Baucus (D-Montana) talks with children of Stillwater Mining Company employees in Washington, D.C. They were among 15 high school students participating in a Close Up Foundation program this week. The program was sponsored by Norilsk Nickel, which made a majority investment in Stillwater almost four years ago. From left to right, Hannah Gertiser from Park Senior High; Aubrey Carter from Absarokee High; and Cameron Ruttenbur from Laurel High.
    Members of the media may download the photo at no charge from the following online archives:
    -- NewsCom: http://www.newscom.com/cgi-bin/prnh/20070330/DCTH026A
    -- AP Archive Topic Gallery: http://photoarchive.ap.org
    For more information on the photo, or on gaining access to the archives, media may contact the PR Newswire Photo Desk at +1-888-776-6555 or +1-212-782-2840.
    SOURCE Norilsk Nickel

    Pacific North West Capital Corp. in alliance with SOQUEM to spend $460,000 on exploration programs in Quebec, 2007


    ...


    On February 26, 2007, PFN and Stillwater Mining Company ('Stillwater') (SWC : Stillwater Mining Company) entered into a non-binding Letter Agreement pertaining to ongoing exploration of the Goodnews Bay Platinum Project ("GBPP"), Alaska. The Letter Agreement also provides for Stillwater to fund reconnaissance on other Alaskan PFN exploration projects for $500,000 in 2007 and includes the provision for Stillwater to enter into option/joint venture agreements on the Goodnews Bay Project and 1 or more of the reconnaissance projects. Under the terms of the Letter Agreement, Stillwater will spend $4 million to earn 50% of GBPP by December 31, 2010. PFN is the operator of the project.
    On November 17, 2006, Stillwater acquired approximately 11% interest in PFN by completing a $2 million private placement. On December 12, 2006, PFN announced a $0.47 private placement for $1 million in which Stillwater maintained their position by a proportionate investment in the placement.


    ...

    BENTON RESOURCES CORP. (BTC, BTC-WT) and STILLWATER MINING CORP (SWC) Enter Into Equity Financing and Participation Agreement on the Goodchild Ni-Cu-PGE Project


    THUNDER BAY, ON, Apr 16, 2007 (MARKET WIRE via COMTEX) -- Benton Resources Corp. (CA:BTC: news, chart, profile) ("Benton") is pleased to announce that it has entered into a Participation Agreement (the "Agreement") with Stillwater Mining Company ("SWC") whereby SWC has the exclusive right to earn up to an initial 50% interest in the Goodchild and South Goodchild Ni-Cu-PGE projects (collectively the "Goodchild Project"). SWC can earn the 50% interest by completing three separate financings into Benton in the aggregate amount of C$6.0 million dollars over a three-year period. Each financing will be priced at a 50% premium to the 20-day trailing average of Benton's share price prior to the completion of each of the three financings. SWC will have the right to take their interest to 70% by incurring a further $24.0 million in exploration or completing a feasibility study on the Goodchild Project, which ever first occurs. Benton will remain as operator for the first three years during the initial period of the Agreement.
    The specific terms of the Agreement, which are subject to regulatory approval, are as follows:
    To earn a 50% interest in the Goodchild Project, SWC must complete the following financings at a 50% premium to the 20-day rolling average of Benton's market share price to be determined immediately prior to the completion of each financing:
    Upon signing: A C$1.6 million private placement of which C$600,000 is to be spent on the Goodchild Project and credited to SWC's initial earn-in requirements. This financing will occur immediately and has been priced at C$1.24 per share.
    First year anniversary: A C$2.0 million private placement of which C$1 million is to be spent on the Goodchild Project and credited to SWC's initial earn-in requirements.
    Second year anniversary: A C$2.4 million private placement of which C$1.4 million is to be spent on the Goodchild Project and credited to SWC's initial earn-in requirements.
    Upon fulfilling the requirements to earn an initial 50%, SWC and Benton shall form a 50/50 joint venture (the "Joint Venture") for the further development of the Goodchild Project subject to SWC's right to earn a further 10% interest in the Joint Venture (to 60%) by directly funding an additional C$4 million in exploration expenditures over the following two year period.
    Provided it earns a 60% interest in the Joint Venture, SWC will have the right to earn a further 10% interest in the Joint Venture (to 70%) by directly funding over the following three year period an additional C$20 million in exploration expenditures or the completion of a Feasibility Study, whichever occurs first.
    At Benton's sole election, following completion of the Feasibility Study, Benton may cause SWC to arrange total project financing for placing the Goodchild Project into commercial production by granting SWC an additional 5% interest in the Goodchild Project (to 75%). In such case, SWC would be reimbursed for Benton's proportionate share of the financing from 80% of Benton's share of net revenue from the Goodchild Project with interest at the prime rate of the Royal Bank of Canada plus 1%.
    Benton is extremely pleased to have entered into the Agreement with SWC. The significant premium to Benton's share price that SWC will be required to pay on the C$6 million of financings reflects the potential of the Goodchild Project to host a Ni-Cu-PGE deposit of economic proportions. Benton is currently planning a detailed airborne survey to be flown in the near future and an aggressive summer exploration program.
    The Goodchild Project is located approximately 15 kilometres north of Marathon, Ontario and is host to several nickel showings with grab samples assaying up to 6.72% nickel (Falconbridge/Xstrata personnel). The large ultramafic intrusion measures approximately 5 by 8km and has numerous untested airborne electromagnetic anomalies detected from a survey completed almost 20 years ago. Benton will keep their shareholders updated on developments at the Goodchild Project as exploration moves forward.
    Clinton Barr (P.Geo.), V.P. Exploration for Benton Resources Corp., is the qualified person responsible for this release.
    On behalf of the Board of Directors of Benton Resources Corp.

    Stillwater Mining Company Announces Multi-year Investment in Benton Resources Corp. and Participation in the Goodchild Ni-Cu-PGM Project


    BILLINGS, Mont., April 16, 2007 /PRNewswire-FirstCall via COMTEX/ -- STILLWATER MINING COMPANY (SWC: Stillwater Mining Company) announced today that it has entered into a Binding Letter of Intent with Benton Resources Corp., under which Stillwater will invest in Benton through one or more private placements over a multi-year period. Stillwater will initially invest US$1.4 million and will have the option to invest additional amounts in future years. Through these investments, Stillwater will finance and have the option to participate in Benton's Goodchild Ni-Cu-PGM Project, located near Marathon, Ontario.
    Benton, (TSX: BTC.V), headquartered in Thunder Bay, Ontario, is an exploration and development company with a diverse property portfolio of Canadian projects prospective for nickel, copper, platinum group elements, gold, and uranium.
    Commenting on the agreement, Francis R. McAllister, Chairman and Chief Executive Officer of Stillwater said, "An initial US$1.4 million investment in Benton will provide Stillwater with a desired venture opportunity at the Goodchild Project, as well as an equity position in a respected and progressive young exploration organization with a growing portfolio of base and precious metal exploration projects. Benton has an experienced management, exploration and technical team well-positioned in regions which we believe have discovery potential."
    Mr. McAllister continued, "Stillwater to date has primarily focused on the expansion and development of its existing PGM mining properties, and the growth of its PGM recycling business. While these internal efforts will continue, we are pursuing external mine growth opportunities, including both generative exploration projects such as those Benton conducts, as well as later stage development or operating properties."
    The agreement is subject to review by the TSX Venture Exchange.
    Stillwater Mining Company is the only U.S. producer of palladium and platinum and is the largest primary producer of platinum group metals outside of South Africa and Russia. The Company's shares are traded on the New York Stock Exchange under the symbol SWC. Information on Stillwater Mining Company can be found at its website: http://www.stillwatermining.com.

    Last Update: 11:25 AM ET May 11, 2007


    BILLINGS, Mont., May 11, 2007 /PRNewswire-FirstCall via COMTEX/ -- STILLWATER MINING COMPANY (SWC: Stillwater Mining Company) reported that representatives for Stillwater Mining Company and the USW International Union, Local 11-0001) commenced negotiations in Billings, Montana on May 4, 2007. Bargaining teams from the Union and Stillwater management have established the ground rules and laid the foundation for continuing negotiating meetings. Additional bargaining sessions have been scheduled. Stillwater Mining Company and USW International Union, Local 11-0001 entered into an agreement that all statements to the media concerning negotiations will be done jointly unless twenty-four hour notice has been given from one party to the other. Approximately 800 hourly employees at the mine located near Nye, Montana and the processing facilities in Columbus, Montana are covered by the current contract that expires July 1, 2007.
    Stillwater Mining Company is the only U.S. producer of palladium and platinum and is the largest primary producer of platinum group metals outside of South Africa and the Russian Federation. The Company's shares are traded on the New York Stock Exchange under the symbol SWC. Information on Stillwater Mining can be found at its Website: http://www.stillwatermining.com.
    SOURCE Stillwater Mining Company

    Pacific North West Capital/Xstrata Nickel commence drilling at West Timmins Nickel Project, South of Montcalm Mine, Ontario
    TSX: PFN OTCBB: PAWEF Frankfurt: P7J


    Last Update: 1:07 PM ET May 11, 2007


    ...


    Stillwater Mining Company (SWC: SWC) , the largest producer of palladium and platinum in the Western Hemisphere, recently purchased 11% of PFN and is a strategic partner in the search for new platinum group metal discoveries in North America. Stillwater Mining recently signed a letter of intent to invest $4.5 million into PFN's Alaskan exploration and reconnaissance programs including the Goodnews Bay Platinum Project. PFN is the project operator.


    ...

    - Continued 50/50 contributions for funding and staffing resources in 2007 - Staking covering new conductors associated with mafic intrusives - Joint venture established to evaluate newly identified PGM targets - Phase 2 of the $350,000 program to evaluate other targets in the Taureau Project area (AMI) has been approved to evaluate additional targets ------------------------------------------------------------------------- TSX: PFN OTCBB: PAWEF Frankfurt: P7J http://www.pfncapital.com



    ...





    Stillwater Mining Company (SWC: Stillwater Mining Company) , the largest producer of palladium and platinum in the Western Hemisphere, recently purchased 11% of PFN and is a strategic partner in the search for new platinum group metal discoveries in North America. Stillwater Mining recently signed a letter of intent to invest $4.5 million into PFN's Alaskan exploration and reconnaissance programs including the Goodnews Bay Platinum Project. PFN is the project operator.

    MOSCOW, May 23 (AP) — The Russian mining company Norilsk Nickel raised its bid to acquire LionOre Mining International of Canada to $6.27 billion on Wednesday, showing its determination to win a bidding war with a rival, Xstrata.


    ...


    Norilsk Nickel, the world’s biggest nickel and palladium producer, has made major forays overseas in recent years, acquiring the Stillwater Mining Company and the nickel business of the OM Group. In 2004, Norilsk, which held a 20 percent stake in Gold Fields, backed a hostile takeover bid by the Harmony Gold Mining Company of South Africa that was ultimately unsuccessful.


    If it wins its quest for LionOre, Norilsk’s global footprint will expand beyond its current operations in Australia, Botswana and South Africa.

    Pacific North West Capital Closes Private Placement/Expands Institutional Shareholder Base
    TSX: PFN OTCBB: PAWEF Frankfurt: P7J


    Last Update: 5:49 PM ET Jun 1, 2007


    VANCOUVER, June 1, 2007 /PRNewswire-FirstCall via COMTEX/ -- Pacific North West Capital Corp. (CA:PFN) (PAWE.F: pacific north west cap corp com) (PFN) announces that further to its private placement news release dated May 11, 2007, PFN raised $3,343,975. In compliance with Canadian securities law, all of the securities issued in connection with this private placement are subject to a 4 month hold period.


    ...


    Stillwater Mining Company (SWC: Stillwater Mining Company) , the largest producer of palladium and platinum in the Western Hemisphere, recently purchased 11% of PFN and is a strategic partner in the search for new platinum group metal discoveries in North America. Stillwater Mining recently signed a letter of intent to invest $4.5 million into PFN's Alaskan exploration and reconnaissance programs including the Goodnews Bay Platinum Project. PFN is the project operator. Stillwater has followed its position over the last 2 financings and currently owns approximately 10% of PFN.

    Major Timmins Nickel Acquisition Program Underway - Pacific North West Capital Expands Drill Program by 50% to 3000 meters at West Timmins Nickel Project, adjacent to Xstrata Montcalm Mine in Timmins, Ontario
    TSX: PFN OTCBB: PAWEF Frankfurt: P7J


    ...


    Stillwater Mining Company (SWC: Stillwater Mining Company) , the largest producer of palladium and platinum in the Western Hemisphere, recently purchased 11% of PFN and is a strategic partner in the search for new platinum group metal discoveries in North America. In addition, Stillwater Mining recently signed a letter of intent to invest a further $4.5 million into PFN's Alaskan exploration and reconnaissance programs including the Goodnews Bay Platinum Project of which PFN is the project operator. Stillwater has followed its position over the last 2 financings and currently owns approximately 10% of PFN.


    ...

    PFN Finalizing 1st 100% owned Nickel Project, adjacent to Benton's King Lake Project, Labrador TSX: PFN OTCBB: PAWEF Frankfurt: P7J



    Last Update: 10:40 AM ET Jun 21, 2007



    ST. JOHN'S, NF, June 21, 2007 /PRNewswire-FirstCall via COMTEX/ -- Pacific North West Capital Corp. ("PFN")(TSX: PFN; OTCBB: PAWEF; Frankfurt: P7J) is pleased to announce that as part of its ongoing aggressive Platinum Group Metal and Nickel acquisition program, PFN is finalizing a series of new Nickel acquisitions in the province of Newfoundland and Labrador. Management believes that the province of Labrador and Newfoundland has untapped mineral potential and is under explored.
    Utilizing new mining exploration technologies which have been enhanced significantly in the last 10 years, Labrador has undiscovered potential for the discovery of new world class deposits similar to CVRD Inco Limited's Voisey's Bay copper-nickel deposit.
    Benton Resources and its partner Teck Cominco (the "Companies" ) are exploring the King Lake Nickel Project which is hosts to numerous high grade Nickel Copper showings (grab samples) that have returned up to 6.8% Cu & 1.9 % Ni (Source: Benton Resources press releases June 7, 2007). The companies have recently completed airborne geophysical survey which located and outlined several new electromagnetic anomalies.
    PFN's management is currently finalizing its plans for its Phase One exploration program on this project. Updates on the progress of this project will be forthcoming.
    About Pacific North West Capital Corp.
    --------------------------------------
    Pacific North West Capital Corp. is a North American industry leader in the search for Platinum Group Metals (PGMs) and Nickel.
    Management's corporate philosophy is to be Project Generator, Explorer and Project Operator with the objective of option/joint venturing projects with major mining companies through to production. To that end, Pacific North West Capital's current option/joint ventures agreements are with Anglo Platinum, Stillwater Mining Company, Xstrata Nickel and Soquem.
    The company has approximately over $8 million in working capital and securities.
    In late 2004 PFN established a Nickel Division that is expanding and to date has an Option / Joint Venture in the Timmins Mining District with Xstrata. An extensive geophysical and ground proofing exploration program has been completed. PFN has expended approximately $1.69 million on the project to date. In May, a diamond drill program commenced to evaluate EM conductors to depths of 200 meters south of the Montcalm Mine claims, Timmins, Ontario. The targets are within the strike extension of the interpreted mine stratigraphy of the Montcalm Intrusive Complex (MIC). The program was expanded to 4000 meters in June 2007.
    Stillwater Mining Company (SWC : Stillwater Mining Company) , the largest producer of palladium and platinum in the Western hemisphere, recently purchased an initial 11% of PFN and has followed its position in two recent financings and currently has approximately 10% of the PFN.
    PFN and Stillwater have entered into a non-binding Letter Agreement pertaining to ongoing exploration of the Goodnews Bay Platinum Project. The Letter Agreement also provides for Stillwater to fund reconnaissance on other Alaskan PFN exploration projects with the provision for Stillwater to enter into an option/joint venture agreements on the Goodnews Bay Project and 1 or more of the reconnaissance projects in Alaska. (put the Goodnews Bay Alaska)
    Under the terms of the Letter Agreement, Stillwater will spend $4 million to earn 50% of GBPP by December 31, 2010. Stillwater may elect to increase its interest to 60% by incurring an additional $8 million in exploration expenditures within an additional two year period or upon completion of a Feasibility Study, whichever occurs first. Stillwater may increase its interest to 65% by arranging for 100% of the project financing required to place the Property into Commercial Production within an additional three years.
    Under the Reconnaissance portion of the Letter Agreement, Stillwater will expend $500,000 in 2007 which will allow it to inspect several of PFN's proposed projects. In event Stillwater elects to continue participating in one or more projects, they will automatically be able to enter into one or more agreements identical to the Goodnews Bay. Pacific North West Capital is the project operator.
    In addition, PFN is exploring the River Valley Project, located near Sudbury, Ontario, joint ventured 50/50 with Anglo Platinum Limited ("Anglo Platinum"), the world's largest primary producer of platinum. Anglo Platinum has committed over $19 million to the River Valley Project to date and may earn a 60% interest in the project by completing a feasibility study and a 65% interest by funding it through to production.
    Current measured resource is 8.53 million tonnes containing 353,200 ounces of palladium (1.29 g/t), 116,800 ounces of platinum (0.43 g/t) and 20,400 ounces of gold (0.07 g/t) and an indicated resources of 22.02 million tonnes containing 600,700 ounces of palladium (0.85 g/t), 212,800 ounces of platinum (0.30 g/t) and 39,000 ounces of gold (0.06 g/t) with an additional inferred resource of 2.39 million tonnes containing 67,000 ounces of palladium (0.87g/t), 23,800 ounces of platinum (0.31g/t) and 4,000 ounces of gold (0.05 g/t) using a 0.7 g/t cut off (pt/pd) (PFN press release March 22, 2007). The objective of the 2006 $1.1 million Phase 9A budget was to extend the new Platinum Group Metal mineralized horizons discovered during the 2005 fieldwork and to better understand the structural controls on the mineralization. Management recently presented Anglo Platinum with the 2007 work program and budget.
    In 2006, PFN signed a Cooperation Agreement with SOQUEM Inc., a wholly owned subsidiary of the Societe Generale de Financement du Quebec ("SGF"), mandated to put new mines into production. Under the terms of the Agreement, PFN and SOQUEM are participating in a 50/50 joint venture with the objective of identifying viable PGM and base metal properties for further exploration. PFN and SOQUEM recently announced a Phase Two 2007 budget of $460,000 to advance work on reconnaissance properties in Quebec. The summer exploration program has begun on this project.
    PFN management is currently negotiating and acquiring several new PGM and Nickel projects throughout North America more specifically in Labrador, Quebec, Ontario, Manitoba, Saskatchewan, British Columbia, North West Territories and Alaska.
    The company has over $8 million in working capital and securities.
    The Qualified Person for this release is John W. Londry, M.Sc, P. Geo, VP Exploration, Pacific North West Capital.
    On behalf of the Board of Directors


    "signed"


    Harry Barr
    President and CEO


    The Toronto Stock Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release

    Last Update: 5:00 PM ET Jun 21, 2007



    BILLINGS, Mont., June 21, 2007 /PRNewswire-FirstCall via COMTEX/ -- STILLWATER MINING COMPANY (SWC) reported that representatives for Stillwater Mining Company and the USW International Union, Local 11-0001 announced today that a tentative labor agreement has been reached, subject to ratification by its members.
    Stillwater Mining Company is the only U.S. producer of palladium and platinum and is the largest primary producer of platinum group metals outside of South Africa and the Russian Federation. The Company's shares are traded on the New York Stock Exchange under the symbol SWC. Information on Stillwater Mining can be found at its Website: http://www.stillwatermining.com.
    SOURCE Stillwater Mining Company
    John R. Stark of Stillwater Mining Company, +1-406-373-8700; or Steven Gentry of USW, +1-406-656-1439 http://www.stillwatermining.com

    Last Update: 7:28 PM ET Jun 22, 2007



    BILLINGS, Mont., June 22, 2007 /PRNewswire-FirstCall via COMTEX/ -- STILLWATER MINING COMPANY (SWC : Stillwater Mining Company) reported that yesterday Stillwater Mining Company and the USW International Union had reached a tentative agreement on a new contract. The Union will be holding contract explanation meetings to explain the changes in the tentative agreement on June 25 & 26, 2007. Union members will vote on the contract June 25 & 26, 2007 from 12:00 pm (noon) until 9:00 pm. The vote will be tallied at the end of balloting.
    The tentative agreement has the support and endorsement of the union's bargaining committee, and the company's bargaining committee. The company and union believe the tentative agreement is a fair and equitable agreement and that negotiations were handled in a professional, fair and diplomatic manner.
    Stillwater Mining Company is the only U.S. producer of palladium and platinum and is the largest primary producer of platinum group metals outside of South Africa and the Russian Federation. The Company's shares are traded on the New York Stock Exchange under the symbol SWC. Information on Stillwater Mining can be found at its Website: http://www.stillwatermining.com.
    SOURCE Stillwater Mining Company
    John R. Stark of Stillwater Mining Company, +1-406-373-8700; or Steven Gentry of USW, +1-406-656-1439 http://www.stillwatermining.com

    Pacific North West Capital Corp. - Phase II Nickel Acquisition, Saskatchewan - New Project Acquired Adjacent to Nickel Plats
    --------------------------------------------------------------------- - Acquisition of historical Nickel Deposit - PFN expanding Nickel & PGM Divisions - 4,000 meter drill program in progress adjacent to Xstrata Nickel's Montcalm mine, Timmins, Ontario - Aggressive acquisition phase nickel/platinum group metals --------------------------------------------------------------------- TSX: PFN OTCBB: PAWEF Frankfurt: P7J


    Stillwater Mining Company (SWC: Stillwater Mining Company) , the largest producer of palladium and platinum in the Western hemisphere, recently purchased an initial 11% of PFN and has followed its position in two recent financings and currently has approximately 10% of the PFN.
    PFN and Stillwater have entered into a non-binding Letter Agreement pertaining to ongoing exploration of the Goodnews Bay Platinum Project. The Letter Agreement also provides for Stillwater to fund reconnaissance on other Alaskan PFN exploration projects with the provision for Stillwater to enter into an option/joint venture agreements on the Goodnews Bay Project and 1 or more of the reconnaissance projects in Alaska.
    Under the terms of the Letter Agreement, Stillwater will spend $4 million to earn 50% of GBPP by December 31, 2010. Stillwater may elect to increase its interest to 60% by incurring an additional $8 million in exploration expenditures within an additional two year period or upon completion of a Feasibility Study, whichever occurs first. Stillwater may increase its interest to 65% by arranging for 100% of the project financing required to place the Property into Commercial Production within an additional three years.
    Under the Reconnaissance portion of the Letter Agreement, Stillwater will expend $500,000 in 2007 which will allow it to inspect several of PFN's proposed projects. In event Stillwater elects to continue participating in one or more projects, they will automatically be able to enter into one or more agreements identical to the Goodnews Bay. Pacific North West Capital is the project operator.

    BILLINGS, Mont., June 28, 2007 /PRNewswire-FirstCall via COMTEX/ -- STILLWATER MINING COMPANY (SWC: SWC) and USW International Union, Local 1 announced that the union's membership had rejected the tentative settlement between the parties regarding the union contract for the company's Stillwater Mine and processing facilities.
    The company and the union have been in discussions since May 4, 2007 regarding the contract, which is due to expire at 12:01 am on July 1, 2007. The company and the union have agreed to a new round of negotiations commencing on June 28. Operations currently continue as normal.
    Although, the company and the union are working hard to achieve a timely renewal of the agreement satisfactory to both parties, there can be no assurances that that such a renewal will be made on a timely basis. If an agreement is not reached, the company's ability to continue its normal operations could be affected.
    Stillwater Mining Company is the only U.S. producer of palladium and platinum and is the largest primary producer of platinum group metals outside of South Africa and the Russian Federation. The Company's shares are traded on the New York Stock Exchange under the symbol SWC. Information on Stillwater Mining can be found at its Website: http://www.stillwatermining.com.

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