Palladium Production Higher Than Expected

Reuters reported North American Palladium (TSX:PDL,NYSE:PAL) produced more palladium than expected in the first quarter of 2012.

As quoted in the market news:

The Canadian company said preliminary first-quarter production came in at 41,760 ounces of payable palladium at the mine located north of Thunder Bay, Ontario, compared with last year’s output of 30,661 ounces.

Payable palladium is the quantity of metal within the concentrate, which is sold by the company.

Click here to read the full Reuters report.