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03 May
15:13

Generation Mining secures funding for Marathon construction

Generation Mining says it has executed a senior secured project finance facility of up to CAD 540 million ($400m) to fund the construction and development of its Marathon palladium-copper project in northwest Ontario, Kallanish reports. A syndicate of Export Development Canada, ING Capital LLC and Société Générale SA will act as mandated lead arrangers. The formal mandate includes a non-binding indicative term sheet of up to $400m. The …
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