North American Palladium
North American Palladium Ltd. (TSX: PDL, AMEX: PAL), founded in 1968 as Madeleine Mines Ltd., is a mining company with headquarters located at Toronto, Ontario, Canada. Renamed to its current title in June 1993,[1] 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.[2]
On October 21, 2008, the Lac des Iles mine was placed on "care and maintenance" due to declining metal prices.[3] It was reopened on October 13, 2010.[4][5]
On May 26, 2009, the company acquired the Sleeping Giant gold mine through the acquisition of Cadiscor Resources Inc.[6]
On May 20, 2010, the company acquired the Vezza gold project, in the Abitibi region, from Agnico-Eagle Mines.[7]
William J. Biggar has been Chief Executive Officer and President of the company since October 1, 2008.[8]
The only other North America based palladium or platinum producer is Stillwater Mining Company, located in Montana, USA.[9]
References
- ^ Yahoo company profile
- ^ North American Palladium Ltd. website
- ^ Infomine report on Lac des Îles
- ^ Lac des Iles mine digs deep
- ^ North American Palladium Mine Celebrates Reopening
- ^ MSN Money
- ^ North American Palladium to acquire Vezza gold project from Agnico-Eagle Mines
- ^ Bloomberg Businessweek
- ^ Stillwater Mining or North American Palladium: Which is the Better Investment? - Seeking Alpha
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- Companies listed on NYSE MKT
- Companies listed on the Toronto Stock Exchange
- Palladium mining companies
- Gold mining companies of Canada
- Platinum mining companies
- Silver mining companies
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- Nickel mining companies of Canada
- Companies based in Toronto
- Thunder Bay District
- Abitibi-Témiscamingue
- Companies established in 1993
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