North American Palladium Ltd (New) PALDF

Metals & Mining Industrial Metals & Minerals

North American Palladium Ltd is a precious metal mining company. The company operates the Lac des Iles palladium mine located in Ontario, Canada, which is one of only two primary producers of palladium in the world. The group believes there is exploration upside near this location, and the limited number of primary palladium production areas also offers investors exposure to palladium prices. The company generates the majority of its revenue from metal sales, including gold, nickel, copper, pall

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North American Palladium Ltd (New)

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Post by paperpersonon Feb 11, 2008 11:37pm

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Post# 14354507

How Much Platinum is There in Finland?

Maybe North American Palladium will have to change its name to something like PG2+AU ...
Re PAL / PDL, check out this 2002 news release. "Gold Fields and Outokumpu announce increased total resources of 14.4 million ounces in Arctic Platinum Partnership." The Finnish company, Outokumpu Oyj, dropped out in 2003, I believe. Gold Fields took over 100 percent, did some more work on its own.

PDL showed up as the new partner on the deal in 2006. PDL is earning a 50 percent ownership, with the possibility of 60 percent ownership.

I did not previously know that PDL had access to so much platinum. I do not think the size of this holding is apparent from looking at either the PDL web site or the GFI website.

https://www.goldfields.co.za/news_mediareleases_display.asp?navDisplay=News&YID=2002&Id2=5

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