Stillwater Mining posts lower third-quarter net

Newswire

COLUMBUS, Mont., Oct 28 (Reuters) - Stillwater Mining Co. said on Monday third-quarter net income fell because of higher costs at some of its mines. Stillwater, a Columbus, Montana-based miner whose metals are used in the auto, electronics and jewelry industries, reported net income of $4.7 million, or 11 cents a share, down from $10.3 million, or 26 cents a share, in the same quarter last year. Revenue rose to $66 million from $52.9 million. Analysts were expecting profit of 13 cents ...

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