Mining News Update: Generation Mining Moves Marathon Toward Construction as Critical-Minerals Race Accelerates
The loan supports a $410 million processing complex and comes as Gen Mining says it has assembled a $1.3 billion financing package.
7 Articles
7 Articles
DR. The Ontario government has announced it is investing $11 million to support the construction of Generation Mining new $410 million copper and palladium processing complex in Marathon, Ont. The project is the first recipient of the new Critical Minerals Processing Fund (CMPF) and, once fully operational, the Marathon project will create more than 450 jobs in addition to the 800 jobs initially supported during the construction phase. ☆Copper a…
Ontario announces funding for $410-million copper-palladium processing complex
Ontario Construction News staff writer The Ontario government is providing $11 million for construction of a new copper and palladium processing complex in Northern Ontario. Funding, through the province’s $500-million Critical Minerals Processing Fund (CMPF), will support Generation Mining’s $410-million processing facility in Marathon, the first project to receive funding through the program. “Marathon […]
Province makes ‘generational’ $11-million investment into North Shore minerals processing – by Staff (Northern Ontario Business – September 18, 2026)
https://www.northernontariobusiness.com/ Generation Mining adds project value with $410-million minerals processing component at Marathon With money in the bank and the path clear for Generation Mining to begin construction of its $1-billion Marathon copper-palladium mine project, the Ontario government is chipping in with a sizeable chunk of change to boost mineral processing capacity in the province. ...
Ontario supports new $410m critical mineral facility 2026
TORONTO — The Ontario government is investing $11 million through the Critical Minerals Processing Fund (CMPF) to support the construction of Generation Mining’s new $410 million copper and palladium processing complex in Marathon, Ontario. As the first recipient of the new CMPF, the facility represents a significant milestone for the province’s plan to protect and expand Ontario’s domestic critical minerals supply chain, as it ... The post Ont…
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