09
Dec
15:45
PALLADIUM, COPPER: Gen Mining to become 100% owner of Marathon project
Canada-based Generation Mining is entering a binding acquisitions agreement to become the 100% owner of the Marathon palladium-copper project in northwest Ontario, Kallanish reports.
Under the agreement, Gen Mining through its subsidiary Generation PGM will acquire a 16.5% interest in the Marathon project from Stillwater Canada, a subsidiary of Sibanye-Stillwater Ltd. When the deal is complete, Sibanye-Stillwater will own 19.1% of Gen Mining’s common shares.…
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