Stocks in play: Generation Mining Limited
Provided an update on the project optimization work previously announced in June on the Marathon Palladium-Copper Project in Northwestern Ontario. The Optimization Work focused on two key aspects: (1) optimization of the mine plan to maximize metal production and defer waste stripping in the early years of operations in order to improve early cash flows and reduce the payback period; and (2) review and optimization of the plant design and layout, including sizing of key equipment, plant footprint and foundations, in order to reduce the initial Project capital costs. Generation Mining Limited shares T.GENM are trading up $0.01 at $0.20.
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