08
Aug
13:25
Generation Mining buying two mills for Marathon project
Generation Mining says it has signed an agreement with Hycroft Mining Holding Corp for the purchase of an unused surplus semi-autogenous grinding (SAG) mill and ball mill for its Marathon palladium-copper project in northwest Ontario, Kallanish reports.
The equipment in Nevada and Texas is being acquired by subsidiary Generation PGM Inc for $12 million, of which $500,000 is due when the deal closes and another $500,000 is due before 30 September 2022. The final $1…
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Anonymous
Very good overview of the weekly steel market.
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