North American Palladium Ltd. (PAL) Restarts Palladium Production
North American Palladium Ltd. is a Canadian precious metals company focused on the production of palladium and gold. The company's flagship mine, the Lac des Iles (LDI), is one of North America's two primary palladium producers. The company announced yesterday that it has restarted palladium production at this mine. On an annualized basis, North American Palladium expects to produce 140,000 ounces of palladium per year. The company's president and CEO, William J. Biggar, said, “As Canada's only primary palladium producer, we are extremely pleased to be back in operation and generating cash flow at LDI. The restart is well timed…