North American Palladium Pledging More Money

Another sign that things are picking up in the mining industry in Northwestern Ontario.
North American Palladium has acquired 16-square kilometres of property northwest of its current Lac-des-Lles operation.
CEO Bill Biggar says they plan to spend up to $4-million at the Thunder Bay area site to get it going for operations next year.
A mine shaft at their current operation is still in production.