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27 Mar

Gen Mining, Glencore sign Marathon copper concentrate offtake deal

Generation Mining says it has signed an offtake term sheet with Swiss-based Glencore International AG for copper concentrate to be produced at the company’s developing Marathon palladium-copper project in northwest Ontario, Kallanish reports. Under the agreement, Glencore will purchase an average of 50% of the total copper concentrate containing copper, palladium, platinum, gold and silver from the Marathon project. It is expected that the concentrate will b…
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