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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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February 26, 2015
06:21 EDTPALNorth American Palladium announces positive Lac des Iles Mine report results
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February 25, 2015
06:15 EDTPALNorth American Palladium reports Lac des Iles reserves and resources
North American Palladium updated its mineral reserve and resource estimates for its Lac des Iles mine property in northwestern Ontario. Total reserves are 20.4M tons at a grade of 2.1 g/t and total resources of 71.5M tons at a grade of 2.0 g/t, representing a combined 5.9M ounces of contained palladium. The company reports a significant increase in underground measured and indicated resource of 3.9M tons at a grade of 2.67 g/t palladium, or 413K ounces of contained palladium, representing an increase of 16%. The company reported a 101% increase in near surface reserve of 6.3M tons at a grade of 1.0 g/t palladium, or 197K ounces of contained palladium. Near surface resources of 9.8M tons at a grade of 1.28 g/t palladium, or 274K ounces of contained palladium, represent an increase of 23%. The net change to the LDI resource inventory in terms of contained palladium is an increase of 686K ounces, bringing the total measured and indicated resource at Lac des Iles to 71.5M tons having an average grade of 1.98 g/t Pd and containing 4.54M ounces of palladium.
February 19, 2015
06:23 EDTPALNorth American Palladium sees FY15 palladium production 185K-205K ounces
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06:22 EDTPALNorth American Palladium reports Q4 revenue $48.7M, one estimate $44.4M
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