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Stillwater Mining Company Fatal Accident Update

BILLINGS, MT, Nov 01, 2011 (MARKETWIRE via COMTEX) --

STILLWATER MINING COMPANY (NYSE: SWC) (TSX: SWC.U) (the "Company") previously reported that a fatal accident occurred at the Company's Stillwater Mine. Dale Alan Madson, 42, a Leadman Operator employed at Stillwater since April 2008, was fatally injured yesterday afternoon while working on the 3800 level of the mine. The accident is being investigated by the Company and representatives from the Federal Mine Safety and Health Administration. Mr. Madson's family has been notified. Mining operations were suspended following the incident and will resume with the evening shift today.

Stillwater Mining Company is the only U.S. producer of palladium and platinum and is the largest primary producer of platinum group metals outside of South Africa and the Russian Federation. The Company's shares are traded on the New York Stock Exchange under the symbol SWC and on the Toronto Stock Exchange under the symbol SWC.U. Information on Stillwater Mining Company can be found at its Web site: www.stillwatermining.com.

SOURCE: Stillwater Mining Company

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Stillwater Mining Company's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.