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Impala plans to close Ontario palladium mine due to low prices

THUNDER BAY - Impala Platinum Holding Ltd. plans to end production at its Lac des Iles mine in northwestern Ontario at the end of May next year due to low palladium prices.

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Impala plans to close Ontario palladium mine due to low prices

The logo of Impala Canada is shown. THE CANADIAN PRESS/Handout - Impala Canada (Mandatory Credit)

 SDV
By The Canadian Press

THUNDER BAY - Impala Platinum Holding Ltd. plans to end production at its Lac des Iles mine in northwestern Ontario at the end of May next year due to low palladium prices.

The South African company currently employs about 750 people at the mine north of Thunder Bay, Ont.

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