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Generation Mining Ltd T.GENM

Alternate Symbol(s):  GENMF

Generation Mining Limited is a Canada-based exploration and development company. The Company's focus is on the development of the Marathon Project, a large undeveloped palladium-copper deposit in Northwestern Ontario. The Marathon Project is 100% owned by Generation PGM Inc. (Generation PGM), a wholly owned subsidiary of the Company. The Marathon Project is located along the Trans-Canada Highway in Northwestern Ontario and covers a land package of approximately 22,000 hectares. The Marathon Project is estimated to produce about 2,122,000 ounces of palladium, 517 million pounds (lbs) of copper, 485,000 ounces of platinum, 158,000 ounces of gold, and 3,156,000 ounces of silver.


TSX:GENM - Post by User

Post by StockDoc60on Apr 21, 2021 6:00pm
133 Views
Post# 33041747

Net zero pressure building on companies via lender funding !

Net zero pressure building on companies via lender funding !

Major banks, insurers team up with Carney, vowing to mobilize trillions of dollars toward net-zero goals

( Today's Globe )

Looks like the most popular companies for future investing will be the greenest or at least have a measurable green plan . Genm as a miner of Cu and Palladium in a district with good environmental regulations ,using Hydro Power etc . It Will definitely be on the list to receive funding ,IMO.

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Excerpt:

We can’t get to net zero if we continue to dump hundreds of billions of dollars into fossil fuel companies, particularly ones that are in the midst of expanding their operations – building more coal mines, digging for more oil or building more infrastructure that have lifespans of 20, 30, 40 years,” Richard Brooks, climate finance director for Stand.earth, said before the GFANZ announcement.

Most asset managers and owners that have joined GFANZ are already members of a group called the Net Zero Asset Managers Initiative, which includes such firms as BlackRock Inc., Brookfield, Fidelity and Vanguard Group, with US$37-trillion under management. BlackRock CEO Larry Fink made headlines in January by saying he was accelerating the fund manager’s push to get companies within its portfolios to make progress dealing with climate risks – or face possible proxy contests or divestment.

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