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12 Sep
15:44

Generation Mining gets second streaming payment from Wheaton Precious Metals

Generation Mining says it has received a second payment from Wheaton Precious Metals in connection with proceeds going to fund construction of its developing Marathon palladium-copper project in northwest Ontario, Kallanish reports. The CAD 20 million ($15.4m) payment from the streaming deal went to subsidiary Generation PGM Inc. Under the terms of the precious metal purchase agreement, Wheaton will pay CAD 240m in return for a stream on all gold production and 2…
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