GenerationMining Generation Mining receives environmental approval for its Marathon palladium copper project
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“The Honourable Steven Guilbeault, Federal Minister of Environment and Climate Change, and The Honourable David Piccini, Ontario Minister of the Environment, Conservation and Parks, each announced today that the company’s Marathon project may proceed, subject to conditions set out in the federal decision statement and the provincial approval order, respectively,” the company said in a statement.
The Marathon project involves the construction, operation, decommissioning, and remediation of three open pits to produce copper concentrate, consisting primarily of copper, palladium and platinum, critical minerals, an onsite ore processing facility, a 115 kV transmission line, an access road, a mine rock storage area, a process solids management facility, and a water management system, amongst other infrastructure.
The company said that based on current mineral reserves, over its planned 13-year mine life the Marathon project concentrate is expected to produce 1,905,000 ounces of palladium, 467 million lbs. of copper, 537,000 ounces of platinum, 151,000 ounces of gold and 2,823,000 ounces of silver in payable metals.
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