North American Palladium Announces Results for 2012 and Guidance for 2013

North American Palladium Ltd. (YSX:PDL, NYSE MKT:PAL) announced its year end results for 2012 and Las des Iles mine guidance for this year.

As quoted in the press release:

2012 Results Summary

• Produced 163,980 ounces of payable palladium at a cash cost per ounce⁽¹⁾ of US$401;
• 2012 realized palladium selling price of US$640 per ounce, giving a palladium operating margin of US$239 per ounce, or US$39.2 million;
• 2012 revenue of $160.7 million;
• 2012 adjusted EBITDA⁽¹⁾ of $28.5 million;
• Capital expenditures of $166.3 million at LDI, of which $127.5 million was invested in the mine expansion; and
• Expenditures of $17.2 million in exploration at LDI, of which $14.5 million was expensed.

Click here to read the full North American Palladium Ltd. (TSX:PDL, NYSE MKT:PAL) press release.