North American Palladium Ltd. Mining News

North American Palladium updates gold mineral reserves at Vezza project and Sleeping Giant project

North American Palladium Ltd. ("NAP" or the "Company") (TSX:PDL)(NYSE Amex:PAL) today released an updated mineral reserve and mineral resource estimate for its Vezza gold project and Sleeping Giant gold mine, located in the Abitibi gold district in Quebec. "We are pleased to see the Vezza gold project advance in accordance with the budget and timeline, as this supports our strategy to organically grow our gold division," said William J. Biggar, President and CEO. "Future growth will come from the continued exploration and development of our advanced gold projects in the Abitibi region, where we have a significant land position and an underutilized mill."

Palladium a hot metal favorite in 2011

First things first: North American Palladium has moved 51% higher over the past thee months. This is just one example of how palladium and platinum miners are substantially outperforming the broader market as sentiment has gone from bullish to “just buy the thing.”

NAP expects palladium output to rise 75% this year

Mining Weekly reports that Toronto-based North American Palladium expects palladium production from its Lac des Iles mine, in Ontario, will increase 75% this year. However, delays in developing a ramp to access the new zone mean […]

NA Palladium restarts production at Lac des Iles mine

Stockwatch reports that North American Palladium Ltd. has restarted palladium production at its flagship Lac des Iles mine in Northwestern Ontario. On an annualized basis, NAP expects to produce 140,000 ounces of palladium per year. […]