North American Palladium

Corporate Profile

North American Palladium (NAP) is an established PGM producer that has been operating its flagship Lac des Iles (LDI) mine in northern Ontario, Canada since 1993. The Company’s vision is to become a low cost mid-tier precious metals producer with over 250,000 ounces in annual production.
 
LDI is one of only two primary palladium producers in the world, offering investors exposure to the price of palladium. The mine is currently undergoing a major expansion to increase palladium production and reduce cash costs per ounce.
 
The mine expansion consists of transitioning underground operations to shaft access mining while utilizing a high volume bulk mining method.  Through the utilization of the shaft and the bulk mining method, LDI is expected to benefit from increased production at reduced operating costs and yield higher operating margins.
 
Beyond the mine expansion, there remains significant exploration upside near the mine, where a number of growth targets have been identified for exploration. The exploration upside is further complimented by LDI’s existing site infrastructure, including the excess capacity of the mill.
 
As an established PGM producer with a clearly defined strategy for growth, LDI offers investors:
• A clear strategy to increase production and lower cash costs;
• Exposure to palladium prices;
• An attractive PGM investment jurisdiction;
• Significant development and exploration upside; and
• Reduced risk through operational expertise.
 
With an experienced new senior management team, NAP is well positioned to pursue its growth strategy. NAP’s shares trade on the NYSE MKT under the symbol PAL and on the TSX under the symbol PDL. 


October 16, 2014
Inside this issue
IT Systems Analyst

Key responsibilities of the IT Systems Analyst include application and end user support with technical issues; technical analysis and design; and support of operations staff in executing, testing and rolling-out the solutions, and managing the daily activities of configuration and operation of business systems.

Junior Engineer

Reporting to the Tailings Management Facility Superintendent, the Junior Engineer’s responsibilities will be daily tailings dam safety inspections, providing engineering support, managing civil earthworks projects associated with tailings dams and other related civil infrastructure, and assisting in the administration of the project including contractor monthly claims, design changes, and project change notices.

Production Geologist

Reporting to the Chief Geologist or designate, the successful candidates will work a 14 day on/14 day off rotation at the Lac des Iles mine site.