North American Palladium Resumes Milling at Lac des Iles

Palladium Investing

North American Palladium (TSX:PDL) has resumed milling operations at its Lac des Iles mine in Quebec as of June 26. Underground operations continued while milling operations were suspended. As quoted in the press release: Underground operations continued during the suspension of milling operations resulting in a large stockpile of approximately 250,000 tonnes of crushed ore …

North American Palladium (TSX:PDL) has resumed milling operations at its Lac des Iles mine in Quebec as of June 26. Underground operations continued while milling operations were suspended.
As quoted in the press release:

Underground operations continued during the suspension of milling operations resulting in a large stockpile of approximately 250,000 tonnes of crushed ore on surface which is available for processing. Initial mill startup has been at approximately 8,400 tonnes per day (“tpd”) which will be increased to approximately 13,000 tpd for a period in July to work through the stockpile before reverting back to 8,400 tpd as per the 2015 plan.
Prior to the restart of milling operations, the Company received a dam safety report from an independent third-party engineering consulting firm that reconfirmed the integrity of the containment structures at LDI’s tailings management facility. The Company also successfully restored water balance levels at LDI to within permitted operating levels. Following consultations with relevant provincial ministries, the Company was in compliance with all criteria required for the restart of milling operations.

North American Palladium president and CEO, Phil du Toit, said:

Significant efforts by team members across the Company, led by those on-site at LDI, have put us in a position to restart milling operations. I would also like to acknowledge the cooperation and support of various government ministries and other stakeholders who have been working with LDI.

Click here to read the North American Palladium (TSX:PDL) press release
See this press release on Marketwire

The Conversation (0)
×