News Breaks |
|
|
| February 19, 2013 |
| 08:44 EDT |  | PAL | North American Palladium files prefeasibility study on LDI property
North American Palladium announced that it has filed on SEDAR a National Instrument 43-101 technical report for the LDI property, which includes an initial mineral reserve estimate and Prefeasibility Study for Phase I of the Offset Zone. Initial Offset Zone reserves total 7.7M tonnes, representing approximately 1.1M contained palladium ounces. Management estimates that at current metal prices, including $750 palladium price, the economic analysis shows C$226M in undiscounted post-tax cash flow, determined as net revenue less operating and capital costs, for the initial Offset Zone reserves, a 95% internal rate of return over a 27-month payback period, and a net present value of C$187M at a 5% discount rate, the company said. The company said, "There is significant upside potential from continued exploration at the LDI property, where a number of surface and underground targets have been identified near existing infrastructure, highlighting the potential for future resource expansion at LDI." |
|
|
News For PAL From The Last 14 Days Check below for free stories on PAL the last two weeks. |
|
|
| May 7, 2013 |
| 10:00 EDT |  | PAL | On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Aeropostale (ARO) downgraded to Sell from Hold at Brean Capital... AIG (AIG) downgraded to Neutral from Buy at Goldman... Alpha Natural (ANR) downgraded to Sell from Neutral at Goldman... American Eagle (AEO) downgraded to Market Perform from Outperform at Wells Fargo... Coach (COH) downgraded to Market Perform from Outperform at Wells Fargo... Iconix Brand (ICON) downgraded to Hold from Buy at Brean Capital... International Rectifier (IRF) downgraded to Market Perform at JMP Securities... Mettler-Toledo (MTD) downgraded to Hold from Buy at Jefferies... TJX (TJX) downgraded to Market Perform from Outperform at Wells Fargo... Tiffany (TIF) downgraded to Market Perform from Outperform at Wells Fargo... North American Palladium (PAL) downgraded to Market Perform at Raymond James... Ducommun (DCO) downgraded to Neutral from Buy at B. Riley... International Rectifier (IRF) downgraded at JMP Securities... Hologic (HOLX) downgraded to Buy from Strong Buy at ISI Group... Ruckus Wireless (RKUS) downgraded to Neutral from Buy at Lazard Capital. |
|
| 09:06 EDT | | PAL | North American Palladium downgraded to Underperform at RBC Capital
RBC Capital downgraded North American Palladium to Underperform from Sector Perform. |
|
| 09:05 EDT | | PAL | North American Palladium downgraded to Market Perform at Raymond James
 Subscribe for More Information |
|
| May 6, 2013 |
| 11:17 EDT | | PAL | North American Palladium COO resigns
North American Palladium announced earlier that Greg Struble has resigned as VP and COO, effective May 15, to pursue an opportunity as CEO with another public company in the industry. |
|
| 06:12 EDT |  | PAL | North American Palladium reports Q1 EPS (C$0.02) vs. last year (C$0.01)
Subscribe for More Information |
|
|
|
|
|
