31
Mar
14:31
Gen Mining releases updated FS with robust economics on Marathon project
Generation Mining is announcing an updated feasibility study with robust economics for its Marathon palladium-copper project in northwest Ontario, Kallanish reports.
The project has an after-tax net present value of CAD 1.16 billion ($857.31 million) and an internal rate of return of 25.8%. The initial capital investment would be CAD 1.112 billion, an estimate that is 25% higher than the 2021 feasibility study. The payback would be 2.3 years. The open-pit mine and…
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