Generation Mining

Generation Mining

  • Location: Canada
  • Tickers:
    • TSX:GENM
  • Commodities:
    • Copper
    • Palladium
    • Platinum
  • Project Stages:
    • Development

Generation Mining is developing the Marathon Palladium & Copper Project located along the Trans-Canada Highway in Northwestern Ontario. Marathon is the largest undeveloped palladium project in North America. In March, 2021, the company released a robust feasibility study which has a base case IRR of 30%, after-tax NPV(6%) of $1.07 Billion, and a 2.3 year payback at US$1,725 Pd, US$3.20 Cu. The Feasibility Study indicates the project will produce an average 245,000 ounces of Palladium Equivalent (PdEq) annually over a minimum 13-year mine life. Initial capital costs are estimated at C$665 million (US$520 million). Approximately 58% of the revenue will come from palladium, and a further 26% from copper. The remaining revenue will come from platinum, gold and silver. Operating costs are estimated at US$687 per ounce PdEq, while All-In-Sustaining-Costs are estimated at US$809 per ounce PdEq. During 2022, Generation Mining plans to continue the environmental approval process and detailed engineering on the project as well as arranging the construction and equipment debt, and expects to be in a position to begin construction before the end of the year. In late 2021, the Company announced a C$240 million streaming arrangement with Wheaton Precious Metals.

Generation Mining
TSX
  • tsx: genm

    • 0 (0%)

* Based on previous 24 hours performance

  • tsx: genm

    • -0.03 (-3.45%)

* Based on previous 7 days performance

  • tsx: genm

    • 0.07 (9.09%)

* Based on previous 12 weeks performance

  • tsx: genm

    • -0.06 (-6.67%)

* Based on previous 12 months performance

Open 0.87000 Volume 260048
High 0.87000 52w High 1.23000
Low 0.83000 52w Low 0.57000
Close 0.84000

* 28 January 2022 (CAD)

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