Conservation groups back Stillwater Mining board – The Associated Press, April 3, 2013

April 3, 2013

Categories: Hardrock Mining, Member news, News, Northern Plains Resource Council

http://washingtonexaminer.com/conservation-groups-back-stillwater-mining-board/article/feed/2085527

By Matt Brown

Read the letter of support>>

BILLINGS, Mont. (AP) — Conservation groups have come out in support of the current management of a Montana mining company that’s been targeted for a corporate board takeover by dissident shareholders that include former Gov. Brian Schweitzer.

Jerry Iverson with the Cottonwood Resource Council said Wednesday the groups were worried that years of cooperative relations with Stillwater Mining Co. could be lost if the takeover succeeds.

Stillwater operates two platinum and palladium mines in southern Montana’s Beartooth Mountains.

Under a 2000 agreement with Iverson’s group and others, the company has monitored water quality and taken other measures to reduce the mines’ impact on the environment.

In return, the groups dropped litigation over the mine.

Iverson says conservationists are concerned a new board and management team would emphasize short-term profits over sustainable mining practices.

 

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