Province Makes 'Generational' $11-Million Investment Into North Shore Minerals Processing
The loan is the first from Ontario’s Critical Minerals Processing Fund and supports 800 construction jobs at the $410 million project.
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9 Articles
Ont. Government Announces Support For Critical Mineral Processing Facility In Marathon
Delivered through Invest Ontario, the $500 million CMPF is a key component of the government’s attempts to try and protect Ontario and increase the competitiveness and resiliency of its mining and manufacturing sectors.
Financing support builds for job-spurring mine plan
The company proposing to build a copper and palladium mine just outside Marathon received a financial boost from the province on Friday. In a news release, the province's Economic Development, Job Creation and Trade ministry said it will loan Generation…
Generation Mining Agrees to a Term Sheet with the Ontario Government for Funding to Support Construction of the Marathon Processing Facility
Support from Ontario’s Critical Minerals Processing Fund advances the Company’s 100%-owned Marathon Copper-Palladium Project in Northwestern Ontario TORONTO — Generation Mining Limited (TSX: GENM) (OTCQB: GENMF) (“Generation Mining” or the “Company”) is pleased to announce that it has agreed to a non-binding term sheet with the Government of Ontario (the “Ontario Facility”) to support construction […]
Province announces $11M for Generation Mining project in northwestern Ontario
The provincial government is investing $11 million to support the construction of Generation Mining’s new $410 million copper and palladium processing complex near Marathon, Ont. The funding, announced on Friday, comes from the province’s Critical Minerals Processing Fund.
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