Stillwater Mining Reports on Third Quarter Palladium and Platinum Production

BILLINGS, MT--(Marketwire - October 03, 2012) - Stillwater Mining Company SWC SWC today reported third quarter 2012 combined mine palladium and platinum production of 127,000 ounces, year-to-date combined production of 381,200 ounces, and reiterated its 2012 PGM mine production guidance of 500,000 ounces and its 2012 total cash cost guidance of $500 per ounce. (Total cash cost per ounce is a non-GAAP measure of extraction efficiency that is further defined in the Company's 2011 Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission and available on the Company's website, www.stillwatermining.com.)The Company also reported that its Blitz project tunnel-boring machine (TBM) is now in place and operational, provided an update on its development and exploration projects, reported on the initiation of the startup phase for its slag cleaning furnace, and progress on its precious metal refinery technology.2012 Production by Quarter(Mined Ounces) First Quarter Second Quarter Third Quarter Year-To-Date ------------- -------------- ------------- ------------Stillwater Mine 87,700 See full press release