Stillwater Mining's plans to restructure its credit agreement could be finished within weeks, according to its chief executive.

Frank McAllister told Reuters that the firm was confident of completing its restructuring scheme by the end of the month.

The US pgm producer needs to renegotiate its credit facility because it could not meet production guidelines established in the previous agreement.

Mr McAllister commented: "This is the last piece of a number of things that took place when we set out to recapitalize the company and put it on stronger footing."

"I still would hope it will be done by the end of the second quarter," he went on, adding that it would be resolved "certainly by the end of the third quarter".

Stillwater has not changed its expected combined palladium and platinum production of 610,000 to 625,000 ounces this year.

Mr McAllister concluded by identifying Canada, Russia, Finland, Zimbabwe, South and Africa as the world's primary sources of palladium and platinum, but stressed that Stillwater would remain focussed on the Americas.