Generation Mining’s proposed palladium, copper pit could create 1,000 construction jobs, 400 mining jobs
An open-pit mine developer on the north shore of Lake Superior has signed a consultation and process agreement with the Métis Nation of Ontario (MNO).
Generation Mining said the agreement sets out principles to guide the still-developing relationship between the two parties and puts them on a path to reach a community benefit agreement. The Toronto-based company is preparing to build its Marathon Palladium Copper Project, located roughly 10 kilometres north of the community of the same name.
The company is out raising financing for the $665-million open-pit and processing mill development while it awaits the outcome of a combined federal and provincial environmental assessment (EA) of the project.
Read the full story from Northern Ontario Business HERE