- Associated Press - Thursday, June 4, 2015

BILLINGS, Mont. (AP) - A vote on a labor agreement affecting more than 900 workers at Montana’s largest mining company has been postponed.

Stillwater Mining Co. said in a Thursday statement that the vote scheduled for this week has been deferred to June 9 and 10.

Stillwater operates the only two platinum and palladium mines in the U.S. southwest of Billings. It employs roughly 1,600 people.

After months of sometimes-bitter contract negotiations, the company announced a tentative agreement last week.

United Steelworkers International Union local president Scott McGinnis said there would be no wage cuts. Some pay incentives for workers would change.

Chief Executive Officer Michael McMullen has sought to slash costs to keep Stillwater competitive with precious metals mines in South Africa and Russia. Union leaders have criticized his $3.5 million in annual compensation.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide