The Conversation (0)
- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
Top Stocks
Top Resource Stocks
Top Tech Stocks
Top Life Science Stocks
Trending
Trending Articles
Trending Press Releases
Trending Companies
Trending Reports
Resource
Popular Lists
Investing Ideas
Outlook Reports
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
Investing Guides
Tech
Popular Lists
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
Investing Ideas
Outlook Reports
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
Investing Guides
Life Science
Popular Lists
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
Outlook Reports
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Investing Guides
North American Palladium Records a Profitable 2017 and Announces Initiation of a Strategic Alternatives Review
Feb. 22, 2018 08:29AM PST
Precious MetalsNorth American Palladium (“NAP” or the “Company”) (TSX:PDL) (OTC PINK:PALDF) today announced financial and operational results for the three months and year ended December 31, 2017. The Company also announced its board of directors (the “Board”) has initiated a process to explore, review and evaluate a broad range of potential strategic alternatives focused on maximizing shareholder value, …
North American Palladium (“NAP” or the “Company”) (TSX:PDL) (OTC PINK:PALDF) today announced financial and operational results for the three months and year ended December 31, 2017.
The Company also announced its board of directors (the “Board”) has initiated a process to explore, review and evaluate a broad range of potential strategic alternatives focused on maximizing shareholder value, including a potential sale of the Company or a secondary sale of securities.
Jim Gallagher, President and CEO of North American Palladium, said:
“2017 was a year in which the Lac des Iles mine began to demonstrate its full potential. We met and exceeded the targeted underground production rate of 6,000 tonnes per day, ahead of the original 2017 production plan. The mill returned to full time operations in the fourth quarter, at an average rate of 11,270 tonnes per day with the addition of low-grade surface stockpiles.
This enabled NAP to surpass the previously stated 2017 guidance of 180,000-190,000 palladium ounces for the year.”
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.