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 [...]
Generation Mining Ltd. is pleased to provide an update on the outcome of the exercise of the Company's warrants that expired on February 13, 2022. Gen Mining is pleased to announce that a cumulative total of 10,123,494 warrants were exercised, generating aggregate proceeds of approximately $7.4 million. Of this amount, approximately $5.7 million of [...]
Generation Mining Ltd. and Metis Nation of Ontario are proud to announce the signing of a Consultation and Process Agreement for the Marathon Palladium Copper Project located in Northwestern Ontario. This agreement sets out the principles that will guide the MNO and Generation PGM Inc. in developing their relationship and confirms their intentions [...]
Generation Mining Ltd. and Biigtigong Nishnaabeg are proud to announce the signing of a Memorandum of Agreement for the Marathon Palladium Copper Project located in Northwestern Ontario. This MOA signals another important milestone for the Marathon Project, as it nears regulator approval through the environmental assessment process and is in line [...]
Generation Mining Ltd. is pleased to announce, further to its press release dated December 8, 2021, that it has completed the acquisition of the remaining 16.5% interest in the Marathon Palladium Copper project in Northwestern Ontario from Stillwater Canada Inc. , a subsidiary of Sibanye Stillwater Ltd. . The Transaction was completed in accordance [...]
Generation Mining Ltd. is pleased to announce that it has agreed to enter into a definitive Precious Metal Purchase Agreement with Wheaton Precious Metals Corp. in respect to the Marathon Palladium Copper project in Northwestern Ontario . The Marathon PMPA becoming effective is subject to the closing of Gen Mining's acquisition of the remaining [...]
Generation Mining Ltd. is pleased to announce receipt of an independent report on the operational carbon footprint of the Company's Marathon palladium-copper project which, once producing, is estimated to rank as one of the lowest in both Canada and the world per tonne of copper-equivalent produced. The report shows that the Marathon project would [...]
Generation Mining Ltd. is pleased to announce that the federal-provincial Joint Review Panel has completed its review of the Company's Environmental Impact Statement Addendum on the Marathon Palladium-Copper project in Northwestern Ontario . The Panel has determined that the information provided is sufficient to proceed to a public hearing. The [...]