North American Palladium Ltd. (AMEX:PAL)
North American Palladium Ltd. owns and operates an open-pit and underground mine known as the Lac des Iles Mine and a processing plant with a design capacity of 15,000 tons per day. The mining and processing operation produces by flotation a palladium-rich concentrate that also contains platinum, gold, copper and nickel. The concentrate is delivered to the Sudbury smelter operations of Xstrata Limited (Xstrata) and then further processed at its refining operations in Kristiansand, Norway. The Company began full production from the underground operations on April 1, 2006. At December 31, 2006, the Company’s underground production averaged 2,245 tons per day with an average palladium grade of 5.96 grams per ton. During the year ended December 31, 2006, the Company produced 237,338 ounces of palladium. (source : Google Finance)
Company Website: http://www.napalladium.com/
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