| Stillwater Mining Co. (SWC) is so sure commodities will keep surging that it’s willing to spend more than the Montana palladium producer itself is worth to buy and develop copper and gold projects in Argentina.
Stillwater, which offered to buy Peregrine Metals Ltd. (PGM) for $487 million in cash and stock this week, projects it will cost as much as $2.5 billion to develop the Altar project in western Argentina over the next seven years, Chief Executive Officer Francis McAllister said.............................................Full Article: Source
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