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Stillwater tightens belt on Marathon mine project

from Northern Ontario Business

Stillwater Mining is scaling back mine development at its Marathon PGM-copper project on the north shore of Lake Superior. The Montana-based miner announced recently that only limited exploration work will take place during the current field season and any continuation will depend on "positive results." The company previously pegged its 2014 spending plan at Marathon to be in the $5 million to $10 million range, but that's been curtailed to the $4 million to $6 million range. more

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