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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 YQTlandingon Jul 15, 2021 12:04pm
107 Views
Post# 33552258

Impala Canada… these boys think otherwise..

Impala Canada… these boys think otherwise..

And just a 3 hour and 20 minute car ride away....
I think they may be a very interested  party.
 

Supply

Palladium is a rare precious metal. There are very few palladium-producing regions worldwide and few known economically viable ore bodies.

Growth in mine supply is constrained, largely owing to:

  • Political, infrastructure and cost issues in South Africa;
  • Relatively constant palladium production in Russia; and
  • The very small number of new projects on the horizon in the near future.

Demand

Demand for palladium continues to rise, driven primarily by the growing global automotive sector that consumes nearly 80% of the world’s supply. Palladium is a key component in catalytic converters in both gasoline-powered and hybrid vehicles, which help reduce toxic emissions to protect the environment.

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