North American Palladium
 | |
| 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] 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]
The only other North America based palladium or platinum producer is Stillwater Mining Company, located in Montana, USA.[8]
References
- ^ North American Palladium Ltd. website
- ^ Yahoo company profile
- ^ 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
- ^ Stillwater Mining or North American Palladium: Which is the Better Investment? - Seeking Alpha
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- Companies listed on NYSE American
- Companies 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