North American Palladium Plans $116 Million Investment

Energy Business Review reported North American Palladium (NYSE:PAL,TSX:PDL) will continue a $116 million expansion at its Lac des Iles mine.

As quoted in the market news:

The company will invest $116m to execute the development activities that include – commissioning the service hoist, auxiliary hoist and related power systems.

The company has commenced mining of the first Offset Zone stope, while the shaft sinking is currently in progress.

Click here to read the full Energy Business Review report.