This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Safety Officials Fault Stillwater In Worker Death

Stocks in this article: SWC

HELENA, Mont. (AP) â¿¿ Federal mine safety officials faulted Stillwater Mining Co. on Wednesday for the death of one of its workers who crashed while driving a loader underground last fall.

The Mine Safety and Health Administration concludes in its report that the central Montana mining company did not provide training that specifically addressed the hazards that killed 42-year-old Dale Madson on Oct. 31.

Madson died after his mining loader crashed as he was taking a curve on an underground road. A rock bolt entered the cab and struck him.

Madson had more than three years of mining experience and his training was up to date, investigators found. However, that training was inadequate, the report concluded.

"The accident occurred because management's policies and procedures failed to ensure equipment operators maintained control of mobile equipment while operating equipment," the report said.

The company did not return a message for comment.

The MHSA cited the company in December, then terminated the citation after Stillwater gave all its equipment operators additional training.

Mine safety officials said Stillwater has established new policies and procedures for workers who operate loaders and other mobile equipment. They include operating equipment at reduced speeds in areas with corners, curves or reduced clearance and flashing the vehicle's lights or horns at blind corners.

Stillwater Mining is the country's only producer of platinum and palladium, which are used for jewelry, in catalytic converters for cars and in various industrial applications. The mine near Nye employs about 900 people.

Federal safety records show that Stillwater had 74 significant safety violations during the prior 12 months ending on Sept. 30. Its rate of violations during that period was below average for the underground mining industry.

Madson lived in Bearcreek with his wife, Melodie Betts, and had two teenage daughters in Missoula from a prior marriage.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,191.37 -195.84 -1.13%
S&P 500 2,002.16 -27.39 -1.35%
NASDAQ 4,637.9940 -43.5030 -0.93%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs