Generation Mining Boosts Marathon Project Profitability

Generation Mining (TSE:GENM) has released an update.

Generation Mining has unveiled an optimized mine plan for its Marathon Project, promising an additional $190 million in revenues and reduced capital costs by $89 million. The updated strategy is expected to enhance project economics with a 26% after-tax internal rate of return and a 2.1-year payback period, despite industry-wide cost pressures.

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