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Generation Mining secures $141m loan for Marathon project
Key takeaways
- Generation Mining secures $141m loan for Marathon project.
- This funding forms part of a larger financing plan aimed at advancing the project s development and construction phases.
- The CIB s commitment includes a C$110m subordinated debt facility directed towards development and construction costs, and a C$90m standby facility to cover potential cost overruns at the time of construction.
Generation Mining secures $141m loan for Marathon project. The copper-palladium project is located in north-western Ontario · Mining Technology Srivani Venna Mon, June 22, 2026 at 9:46 PM GMT+7 2 min read GENM.TO Generation Mining has secured a debt commitment of C$200m ($141m) from the Canada Infrastructure Bank (CIB) to support the Marathon Copper-Palladium Project in north-western Ontario.
This funding forms part of a larger financing plan aimed at advancing the project s development and construction phases.
The CIB s commitment includes a C$110m subordinated debt facility directed towards development and construction costs, and a C$90m standby facility to cover potential cost overruns at the time of construction.
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