Generation Mining Ltd. is pleased to announce positive results on the updated Feasibility Study for the Marathon Palladium-Copper Project located near the Town of Marathon in Northwestern Ontario. The 2023 FS presents an optimized design for the Project with improved clarity on anticipated capital and operating costs in the current inflationary [...]
Generation Mining Ltd. has finalized an offtake term sheet with Glencore International AG for copper concentrate, containing copper, palladium, platinum, gold, and silver, to be produced at Gen Mining's Marathon Palladium-Copper Project, located near Marathon, Ontario. Under the term sheet, Glencore will purchase an average of 50% of the total [...]
Management of Generation Mining Ltd. reflects on a year that has been action-packed as we've advanced the Marathon Palladium-Copper project in Northwestern Ontario , held through the Company's wholly-owned subsidiary Generation PGM Inc. , closer to construction. In the 42 months since Gen Mining first acquired an interest in the Marathon Project [...]
Generation Mining Ltd. is pleased to announce that the Marathon Palladium Copper Project was approved by the joint Federal and Provincial Environmental Assessment process. The Company will now proceed to obtain the necessary permits for construction and operation. The Honourable Steven Guilbeault, Federal Minister of Environment and Climate Change [...]
Generation Mining Ltd. announces that Biigtigong Nishnaabeg has approved a Community Benefits Agreement in respect of the Marathon Palladium Copper Project owned by the Company's wholly-owned subsidiary, Generation PGM Inc. . The CBA between Generation PGM and BN, which was ratified through a BN membership vote completed on November 12, 2022 [...]
Generation Mining Ltd. is pleased to announce that it has received, through its wholly-owned subsidiary Generation PGM Inc. , the second CAD$20 million payment from the previously announced Precious Metal Purchase Agreement with Wheaton Precious Metals Corp. in respect to the Marathon Palladium Copper project in Northwestern Ontario . Under the [...]
Generation Mining Ltd. announces that Jamie Levy, President and Chief Executive Officer will be presenting at the Precious Metals Summit being held in Beaver Creek, Colorado on Tuesday, September 13, 2022 at 13:45 MT. The webcast will be available on Gen Mining's website at https://genmining.com/investors/events/ on the day of the presentation [...]
Generation Mining Ltd. announces that its wholly-owned subsidiary, Generation PGM Inc. , which is developing the Marathon Palladium Copper Project near Marathon, Ontario, has entered into an agreement with Hycroft Mining Holding Corp. for the purchase of an unused, surplus SAG mill and ball mill currently stored in Nevada and Texas, USA for [...]
Generation Mining Ltd. announces that the Joint Review Panel established to conduct an environmental assessment of the Company's Marathon Palladium Copper Project near Marathon, Ontario has delivered its report . The Reports sets out recommendations for the Company, and the federal and provincial governments, to mitigate or minimize any adverse [...]
Generation Mining Ltd. announces that its wholly-owned subsidiary, Generation PGM Inc. , which is developing the Marathon Palladium Copper Project near Marathon, Ontario, has entered into an agreement with Valard Equipment LP for the lease of a construction camp located in Marathon, Ontario until June 30, 2023 and an option, exercisable at Gen [...]
Generation Mining Ltd. is pleased to announce the appointment of Christopher Stackhouse as Vice-President, Finance. Mr. Stackhouse replaces Patricia Mannard, who has retired. Mr. Stackhouse spent 7 years with Guyana Goldfields Inc. , most recently as interim CFO, where he was instrumental in the development and operation of the US$250 million [...]
Generation Mining Ltd. is pleased to announce that it has received, through its wholly-owned subsidiary Generation PGM Inc. , the first C$20 million payment from the previously announced Precious Metal Purchase Agreement with Wheaton Precious Metals Corp. in respect to the Marathon Palladium Copper project in Northwestern Ontario . Under the terms [...]
