How will the Stillwater Mine merger affect Montanans? - KULR8.com | News, Weather & Sports in Billings, Montana

How will the Stillwater Mine merger affect Montanans?

Posted: Updated:
MONTANA -

Since the creation of the good neighbor agreement in 2000, Montanans have had the opportunity to play a role in Stillwater Mines' decision making.

If the mines actions could affect the community or the environment, community members had a chance to voice their opinion.

Jerry Iverson with the Northern Plains Council said even though Sibanye Gold is based in South Africa, it won't change the relationship the mines have with the community.

To understand how the merger will affect Montanans, Iverson said it's important to look at the history of the mines.

Johns-Manville Corporation geologists discovered the mines in 1973. Production finally began at the Stillwater Mine in 1986. Iverson said since his involvement in 1988, there have been four or five different owners.

"The change of ownership potential is one of the main reasons we were really clear in the Good Neighbor Agreement to include a section that guarantees the terms of the good neighbor agreement will bind all successors," Iverson said.

In fact, it's not the first time another country has been in control of Stillwater Mine.

In 2003, Russian company Norilsk Nickel became a majority shareholder, owning 55-percent of the company.

"As it turned out, the change of ownership at that time did not influence production or the environmental influences that are of concern to the Good Neighbor Agreement," Iverson said. "So we went through that transition period smoothly."

Norilsk Nickel eventually sold it's share in 2010. But Iverson said the relationship proves the company can operate transparently with a company out of the country.

  • Most Popular

  • Most Popular StoriesMost Popular StoriesMore>>

  • Resident shares damage incurred in his home from flooding

    Resident shares damage incurred in his home from flooding

    Monday, June 18 2018 7:43 PM EDT2018-06-18 23:43:06 GMT

    Gene Erickson says when he first bought his house in November of 2017, it was everything he wanted. But when water began seeping into the basement in late May, everything changed. 

    Gene Erickson says when he first bought his house in November of 2017, it was everything he wanted. But when water began seeping into the basement in late May, everything changed. 

  • Big Horn County man charged in death of 5-year-old girl

    Big Horn County man charged in death of 5-year-old girl

    Tuesday, June 19 2018 6:57 PM EDT2018-06-19 22:57:58 GMT

    Bridger Franklin Boyd, a 34-year old Big Horn County resident, was arrested Tuesday in Billings by the U.S. Marshal’s Violent Offender Task Force on recently filed felony charges in connection with the June 18, 2018 death of a 5-year-old girl. 

    Bridger Franklin Boyd, a 34-year old Big Horn County resident, was arrested Tuesday in Billings by the U.S. Marshal’s Violent Offender Task Force on recently filed felony charges in connection with the June 18, 2018 death of a 5-year-old girl. 

  • Victim identified in deadly crash near Big Timber

    Victim identified in deadly crash near Big Timber

    Tuesday, June 19 2018 6:17 PM EDT2018-06-19 22:17:59 GMT

    A Park County resident is dead following a crash just south of Big Timber. 

    A Park County resident is dead following a crash just south of Big Timber. 

  • UPDATE: Yellowstone's North Entrance reopens, caution recommended

    UPDATE: Yellowstone's North Entrance reopens, caution recommended

    Tuesday, June 19 2018 6:17 PM EDT2018-06-19 22:17:13 GMT

    YELLOWSTONE NATIONAL PARK - Officials report that the North Entrance to the park is closed as of Monday afternoon due to falling rocks and mudslides. The park made the announcement via Twitter. 

    YELLOWSTONE NATIONAL PARK - Officials report that the North Entrance to the park is closed as of Monday afternoon due to falling rocks and mudslides. The park made the announcement via Twitter. 

  • Chelan County deputies make arrest in fatal hit-and-run

    Chelan County deputies make arrest in fatal hit-and-run

    Monday, June 18 2018 9:21 PM EDT2018-06-19 01:21:42 GMT

    CHELAN COUNTY, Wash. - Deputies in Chelan County say a man has been arrested in connection with a fatal hit-and-run crash that happened over the weekend. Deputies report Monday that the suspect in the crash has been identified as Giovanni Reyes of Mason. Reyes had initially returned to the scene before deputies arrived to check on the victim, who has been identified as Andrew Murphy of Seattle.

    CHELAN COUNTY, Wash. - Deputies in Chelan County say a man has been arrested in connection with a fatal hit-and-run crash that happened over the weekend. Deputies report Monday that the suspect in the crash has been identified as Giovanni Reyes of Mason. Reyes had initially returned to the scene before deputies arrived to check on the victim, who has been identified as Andrew Murphy of Seattle.

  • Roads closed as flooding hits Augusta

    Roads closed as flooding hits Augusta

    Tuesday, June 19 2018 3:07 PM EDT2018-06-19 19:07:43 GMT

    AUGUSTA - Flooding is being reported on Main Street in Augusta and along US Highway 287 at mile marker 38.  The National Weather Service in Great Falls is reporting 8-12 inches of running water across these areas.   Water is getting extremely close to entering businesses in the are as well.  You're asked to use extreme caution if traveling there.  We'll continue to update this story as more information becomes available. 

    AUGUSTA - Flooding is being reported on Main Street in Augusta and along US Highway 287 at mile marker 38.  The National Weather Service in Great Falls is reporting 8-12 inches of running water across these areas.   Water is getting extremely close to entering businesses in the are as well.  You're asked to use extreme caution if traveling there.  We'll continue to update this story as more information becomes available. 

  • Skiers seen jumping over the Beartooth Highway

    Skiers seen jumping over the Beartooth Highway

    Wednesday, June 6 2018 9:01 PM EDT2018-06-07 01:01:47 GMT

    The Beartooth Highway, near Yellowstone, is finally open to visitors and at this time of year, daring skiers. 

    The Beartooth Highway, near Yellowstone, is finally open to visitors and at this time of year, daring skiers. 

  • Woman rescued, 13 people still stranded in Wilderness

    Woman rescued, 13 people still stranded in Wilderness

    Tuesday, June 19 2018 12:38 AM EDT2018-06-19 04:38:13 GMT
    A woman walking near Hauser Dam has been rescued after weather and slippery conditions caused her to get lost.  According to the Lewis and Clark County Sheriff's Office, the woman is safe and uninjured. Her identity has not yet been released. As of 10:30 Monday evening, authorities were taking the woman back to her vehicle.  At the same time, a group of 13 people lost their way in the Bob Marshall Wilderness. Lewis and Clark County Sheriffs say the group got stuck on the s...
    A woman walking near Hauser Dam has been rescued after weather and slippery conditions caused her to get lost.  According to the Lewis and Clark County Sheriff's Office, the woman is safe and uninjured. Her identity has not yet been released. As of 10:30 Monday evening, authorities were taking the woman back to her vehicle.  At the same time, a group of 13 people lost their way in the Bob Marshall Wilderness. Lewis and Clark County Sheriffs say the group got stuck on the s...