Friday, October 15, 2010

Lac Des Iles Mine Re-Opens in NWO

Two-hundred people can go back to work now that North American Palladium`s Lac des Iles mine has reopened northwest of Thunder Bay.

North American Palladium says it's constructing a shaft that will extend below the existing pit into a recently-discovered ore body.

Company president William J. Biggar says that ore body could extend the life of the mine for another 10 years.

Nearly 400 employees were laid off when the mine ceased production two years ago because of falling palladium prices.