North American Palladium Ltd. today announced financial and operational results for the three months and year ended December 31, 2018 and announces quarterly dividend to common shareholders. Fourth Quarter and Year Ending Highlights For the year ended 2018, adjusted EBITDA1 increased to $167.8 million, compared to $86.2 million in 2017. Adjusted [...]
North American Palladium Ltd. today provided an update on its 2018 exploration programs at the Lac des Iles Mine property, located 90 kms north of Thunder Bay, Ontario. All dollar amounts cited refer to Canadian dollars. Figure 1: Plan map of the eastern part of the Lac des Iles Mine Property, showing the location of 2018 Creek and Baker Zone drill [...]
North American Palladium Ltd. today announced production results for the year and fourth quarter ended December 31, 2018 and provided production guidance for 2019. In 2018, the Company produced a total of 237,461 ounces of payable palladium, meeting the upper half of its 2018 guidance of between 230,000 to 240,000 ounces; an increase of 18% over [...]
North American Palladium Ltd. today announced that it has closed its previously announced non-brokered private placement financing . Pursuant to the Offering, the Company has issued 714,257 common shares that are "flow-through shares" within the meaning of the Income Tax Act at a price of $14.00 per Flow-Through Share for aggregate gross proceeds [...]
North American Palladium Ltd. today announced that it has entered into a new US$125 million revolving term credit facility in replacement of the Company’s existing credit facilities. The Credit Facility is to be used for general corporate purposes. The Credit Facility has a term of 5 years to maturity. The Credit Facility replaces the [...]
North American Palladium Ltd. is pleased to announce that it has signed a contract with Redpath Canada Limited of North Bay, Ontario, Canada for underground mine development at its Lac des Iles mine. This is part of a major mine expansion, as detailed in the October 2, 2018 Technical Report, that will take the mine from its current rate of just [...]
North American Palladium Ltd. today announced that it intends to complete a non-brokered private placement financing of up to 535,714 common shares that are "flow-through shares" within the meaning of the Income Tax Act at a price of $14.00 per Flow-Through Share for aggregate gross proceeds of approximately $5,000,000. Jim Gallagher, President and [...]
North American Palladium Ltd. today announced that a new 3-year collective agreement has been ratified by the members of United Steelworkers Local 9422 . The USW represents the production and maintenance workers at the Lac des Iles mine site. The new collective agreement expires on May 31, 2021. About North American Palladium [...]
North American Palladium Ltd. today announced that it has reached a tentative agreement on a new three year contract with the United Steelworkers Workers Local 9422 , representing production and maintenance employees at the Company’s Lac des Iles mine site. The agreement is subject to ratification by employees to be completed no later than [...]
North American Palladium Ltd. today announced its third quarter 2018 financial and operational results for the three and nine months ended September 30, 2018. Q3 2018 Highlights Adjusted EBITDA1 for the third quarter of 2018 was $38.0 million compared to $22.0 million for the same period in 2017. Adjusted EBITDA1 for the nine months ended September [...]
North American Palladium Ltd. will announce its third quarter 2018 financial results for the three months ended September 30, 2018 after markets close on Tuesday, October 30, 2018. The Company invites shareholders to join its webcast and conference call, which will take place on Wednesday, October 31, 2018 at 8:30 a.m. ET. A recording of the [...]
North American Palladium Ltd. announced today that, further to its news release of September 17, 2018, the Company has filed a new feasibility study incorporating major changes to the life of mine plan for the Lac des Iles Mine Property in northwestern Ontario prepared in accordance with National Instrument 43-101 – Standards of Disclosure [...]
