North American Palladium: Difference between revisions
Category:Companies formerly listed on the Toronto Stock Exchange |
purchased by Impala Platinum |
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The only other [[North America]] based palladium or platinum producer is [[Stillwater Mining Company]], located in [[Montana]], USA.<ref>[http://seekingalpha.com/article/57518-stillwater-mining-or-north-american-palladium-which-is-the-better-investment Stillwater Mining or North American Palladium: Which is the Better Investment? - Seeking Alpha<!-- Bot generated title -->]</ref> |
The only other [[North America]] based palladium or platinum producer is [[Stillwater Mining Company]], located in [[Montana]], USA.<ref>[http://seekingalpha.com/article/57518-stillwater-mining-or-north-american-palladium-which-is-the-better-investment Stillwater Mining or North American Palladium: Which is the Better Investment? - Seeking Alpha<!-- Bot generated title -->]</ref> |
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North American Palladium Ltd. was purchased by [[Impala Platinum]] for [[Canadian dollar|CA$]]1 billion in 2019.<ref>{{cite news |url=https://www.mining-journal.com/pgms/news/1373052/implats-to-buy-north-american-palladium |title=Implats to buy North American Palladium |publisher=Mining Journal |date=October 7, 2019 |accessdate=January 26, 2020}}</ref> |
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==References== |
==References== |
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Revision as of 04:49, 27 January 2020
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| TSX: PDL, AMEX: PAL | |
| Industry | Mining |
| Founded | 1968 |
| Headquarters | Toronto, Ontario |
Key people | Jim Gallagher, President and Chief Executive Officer |
| Website | www |
North American Palladium Ltd. (TSX: PDL, AMEX: PAL) is a mining company with headquarters located in Toronto, Ontario, Canada. The company primarily mines and explores for palladium but also for gold. Platinum, silver, nickel, and copper are mined as by-products. The company's principal operations are located in Canada, with the Ontario Thunder Bay District holding the Lac des Iles palladium mine.[1]
History
North American Palladium was founded in 1968 as Madeleine Mines Ltd. and was renamed to its current name in June 1993.[2] The Lac des Iles mine began as an open pit mine in 1993. A new mill was commissioned at the mine in 2012, with mine's production rate increasing following that. Underground operations at Lac des Iles started in 2006.[3] On October 21, 2008, the Lac des Iles mine was placed on "care and maintenance" due to declining metal prices.[4] It was reopened on October 13, 2010.[5][6] On May 26, 2009, the company acquired the Sleeping Giant gold mine through the acquisition of Cadiscor Resources Inc.[7] On May 20, 2010, the company acquired the Vezza gold project, in the Abitibi region, from Agnico-Eagle Mines.[8]
The only other North America based palladium or platinum producer is Stillwater Mining Company, located in Montana, USA.[9]
North American Palladium Ltd. was purchased by Impala Platinum for CA$1 billion in 2019.[10]
References
- ^ North American Palladium Ltd. website
- ^ Yahoo company profile
- ^ Underground turnaround
- ^ Infomine report on Lac des Îles
- ^ Lac des Iles mine digs deep
- ^ North American Palladium Mine Celebrates Reopening
- ^ "MSN Money". Archived from the original on 2011-07-21. Retrieved 2011-02-05.
- ^ North American Palladium to acquire Vezza gold project from Agnico-Eagle Mines
- ^ Stillwater Mining or North American Palladium: Which is the Better Investment? - Seeking Alpha
- ^ "Implats to buy North American Palladium". Mining Journal. October 7, 2019. Retrieved January 26, 2020.
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- Companies listed on NYSE American
- Companies formerly listed on the Toronto Stock Exchange
- Palladium mining companies
- Gold mining companies of Canada
- Platinum mining companies
- Silver mining companies of Canada
- Copper mining companies of Canada
- Nickel mining companies of Canada
- Companies based in Toronto
- Thunder Bay District
- Abitibi-Témiscamingue
- Companies established in 1993
- Mining company stubs