NAP shares drop after guidance cut

Shares in North American Palladium plunged 27% on Tuesday, after the group lowered full-year forecasts for both its mines and said it would emphasise development work rather than production for the balance of this year. The Toronto-based company...

Palladium price gains backed by fundamentals – NAP

Toronto-based North American Palladium, which is busy with a project to boost output from its Lac des Iles palladium mine in Ontario, believes that there is still room for the best-performing precious metal of 2010 to move even higher, CEO Bill...

NAP unveils palladium expansion details, sees capex at C$204m

Toronto-based North American Palladium expects to achieve commercial production from the new Offset zone at its Lac des Iles mine, in Ontario, in the third quarter of 2012, CEO Bill Biggar said on Tuesday. The company has completed a scoping...

NA Palladium misses targets at Sleeping Giant, LDI study out soon

Precious-metals producer North American Palladium will not achieve steady state operations this year at its Sleeping Giant gold-mine in Quebec, after mining much lower than expected grades in the second quarter, the firm said this week. NAP...

NA Palladium restarts Lac des Iles mine

Toronto-based North American Palladium has restarted palladium production at the firm's flagship Lac des Iles (LDI) operation, in north-western Ontario, it announced on Wednesday. The mine, Canada's only primary palladium operation, is expected...

NA Palladium starts shaft deepening at Sleeping Giant

Precious-metals miner North American Palladium has approved a project to deepen the shaft at its Sleeping Giant gold mine, in Quebec by 200 m, after a 2009 exploration programme extended the gold zones at the asset. NAP plans to publish an...

North American Palladium wants to buy gold assets

Toronto-based North American Palladium plans to acquire gold assets or gold companies, as part of strategy to build itself into a mid-tier precious-metals company “with multiple mines”, president and CEO Bill Biggar said on Wednesday. NAP's...