Sibanye-Stillwater PGM mines face layoffs

Sibanye-Stillwater – the owner of the only platinum and palladium mines in the U.S. – has plans to lay off 700 employees at its operations in Montana due to declining prices for palladium, reported the Associated Press. The news agency said Sibanye-Stillwater Executive Vice President Kevin Robertson explained in a letter to employees that the price of the precious metal…

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