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April 7, 2014
08:26 EDTPALNorth American Palladium announces preliminary Q1 production results
North American Palladium reports operations continue to make good progress ramping up production through the shaft. In Q1, underground production averaged approximately 3,065 tonnes per day, ahead of the company's operating guidance for the first half of the year. Based on preliminary results, the company estimates that payable palladium production for the quarter ended March 31 totaled approximately 42,500 ounces. Production also benefited from higher underground grades which averaged approximately 4.96 grams per tonne palladium. The company continues to benefit from ongoing mill improvements, with Q1 recoveries averaging around 85%.
News For PAL From The Last 14 Days
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December 11, 2014
06:10 EDTPALNorth American Palladium provides update on ramp-up progress at Lac des Iles
North American Palladium announces an update for selected operating results for the months of October and November and year to date from the ongoing successful ramp-up of its operations at its Lac des Iles, or LDI, mine in Thunder Bay, Ontario. For October and November, the company produced 41,986 payable ounces of palladium from its Lac des Iles mine at a cash cost per ounce of $375. The mill commenced a trial full time run on October 1, and production cost per tonne milled for the two months averaged $36. Production of payable palladium year to date to the end of November is 156,409 ounces, and the Company expects to achieve its guidance for 2014. Year to date cash cost per ounce is $495 and production cost per tonne milled is $50. Underground production from LDI continues to ramp-up with daily mining rates for October averaging 3,736 tonnes, November 4,216 tonnes and to December 9, 4,765 tonnes. During this time period, the company has surpassed daily production rates of 5,000 tonnes per day on numerous occasions.
December 5, 2014
15:38 EDTPALNorth American Palladium files $150M mixed securities shelf

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