PRECIOUS METALS HIGHLIGHTS: Top Stories of the Day

TOP STORIES

Stillwater CEO Defends Tenure as Shareholder Seeks His Ouster

Stillwater Mining Co. (SWC) Chief Executive Francis McAllister meant for his company's acquisition of copper deposits in Argentina to serve as a lifeline if its precious-metals business ran into trouble. Now, it threatens to cost him his job.

STORIES OF INTEREST

ZKB ETF Gold Holdings Down 0.1% Since March 12; Silver -0.2%

LONDON--Gold holdings in the exchange-traded fund of Zurich Cantonal Bank, or ZKB, fell 0.1% in the nine days between March 12 and 21, according to ZKB data Friday.

Stratex International Swings to Profit on Disposals; Sees Buys

LONDON--Stratex International PLC (STI.LN), a gold miner with assets in Turkey, East Africa and West Africa, Friday said it swung to a pretax profit of 9.7 million pounds ($14.5 million) in 2012, following the sale of two Turkish assets.

MARKETS

Comex Gold Slips Amid Less Demand for Refuge From Cyprus

NEW YORK--Gold futures slipped Friday, weighed down by calmer European markets ahead of next week's deadline for Cyprus to secure an international bailout.

Write to Matt Day at matt.day@dowjones.com

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