Former Montana Governor Brian Schweitzer, hedge fund try to oust Stillwater Mining’s board of directors while one year ago… Governor Schweitzer Honors Stillwater Mining as Business of the Year

A former Montana governor considered a dark horse candidate for the 2016 Democratic presidential nomination has joined a hedge fund’s attempt to take control of the state’s largest publicly-owned mining company.

Less than two months out of office, Democrat Brian Schweitzer said he’s intervening to save Stillwater Mining Co. from questionable foreign expansion plans he says could leave its 1,500 Montana jobs at risk.

A New York-based hedge fund, the Clinton Group, submitted formal notice to Stillwater on Monday of its bid to oust the precious metals company’s board of directors. If Schweitzer and the Clinton Group can persuade enough investors to support them, the current board would be replaced with a new slate that includes Schweitzer.

Full Story: http://www.ravallirepublic.com/news/state-and-regional/article_13c83ee7-4a79-51ef-bf8e-383e08b958bf.html

and one year ago…

Governor Schweitzer Honors Stillwater Mining as Business of the Year

Montana Ambassador Business of the Year: Frank McAllister, Chairman & CEO, Stillwater Mining Company http://www.stillwatermining.com/ Award for demonstrating extraordinary innovation and success in their field of business including a commitment to employees, community and economic development to the State of Montana.

Can you say Palladium? It, along with Platinum, are two of the most expensive and scarce metals on the planet and Montana has some of the richest deposits in the world. Gov. Schweitzer introduced Frank and explained that Stillwater is the largest non-medical employer in Montana paying some of the highest wages in the state. Truly a monumental company that just happens to do its best work underground.

Full Story: http://www.matr.net/article-49379.html