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North American Palladium Ltd. (TSX:PDL,NYSE:PAL) announced its preliminary palladium production results for the second quarter ending June 30, 2012.
North American Palladium Ltd. (TSX:PDL,NYSE:PAL) announced its preliminary palladium production results for the second quarter ending June 30, 2012.
As quoted in the press release:
In the second quarter of 2012, the Company’s Lac des Iles (“LDI”) mine produced 40,017 ounces of payable palladium, bringing the six month total to 81,777 ounces.
During the second quarter, the LDI mill processed 528,068 tonnes of ore, of which 211,963 tonnes came from underground sources (with an average palladium mill head grade of 5.75 grams per tonne), and 316,105 tonnes from surface sources (with an average palladium mill head grade of 1.99 grams per tonne). The combined average palladium mill head grade was 3.35 grams per tonne, and the palladium recovery was 77%.
Click here to read the North American Palladium Ltd. (TSX:PDL) press release.
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