Generation Mining Ltd T.GENM

Alternate Symbol(s): GENMF

Metals & Mining Industrial Metals & Minerals

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.

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Generation Mining Ltd > 100% ownership

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Comment by Rainydayon Dec 08, 2021 12:49pm

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Post# 34211025

RE:RE:RE:100% ownership

Good point. I also wonder if Sibanye owning a big block of shares might make a takeover at some point more likely (at a much higher price os course). If some other company were to strike a deal for Sibanye's shares it would seem they would be more capable of doing a deal for majority or full ownership of the company. Any thoughts on this?

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