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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 Jul 16, 2021 4:34pm
82 Views
Post# 33561240

A continual headache for Sibanye ! This makes Genm look good

A continual headache for Sibanye ! This makes Genm look good

South Africa: Dysfunctional trends have left state slowly unravelling for years
(Globe and Mail ,July 15/21 )

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The mobilization of soldiers to combat a domestic crisis is a tacit admission of the grim realities that South Africa has long endured: persistent crime and corruption, years of economic stagnation and rising unemployment, the crumbling of the state in key sectors such as electricity and transport, a growing lawlessness in many regions, and an unofficial policy of impunity for violent street mobs as police routinely tolerate attacks on shops and businesses.

The dysfunctional trends have left the state unravelling in slow motion for years, without much global attention,

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And in another example of the impact of violence, mining giant Rio Tinto announced last month that it was shutting down its Richards Bay Minerals operation in KwaZulu-Natal province because of criminal anarchy by local residents, including the killing of a senior executive, the destruction of mining equipment and the blocking of roads. About 5,000 workers were employed there.
 

And in another example of the impact of violence, mining giant Rio Tinto announced last month that it was shutting down its Richards Bay Minerals operation in KwaZulu-Natal province because of criminal anarchy by local residents, including the killing of a senior executive, the destruction of mining equipment and the blocking of roads. About 5,000 workers were employed there.
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