Brief: Generation Completes Optimization Work For The Marathon Project With Improved Mine Plan And Reduced Capex
20/11/2024 11:11
Nov 20 (Reuters) - Generation Mining Ltd GENM.TO :
* GENERATION COMPLETES OPTIMIZATION WORK FOR THE MARATHON
PROJECT
WITH IMPROVED MINE PLAN AND REDUCED CAPEX
* GENERATION MINING LTD - TOTAL INITIAL CAPEX EXPECTED TO BE
$961
MILLION
* GENERATION MINING LTD - IMPROVED PROJECT ECONOMICS WITH
26%
AFTER-TAX IRR
* GENERATION MINING LTD - INITIAL CAPITAL ESTIMATE REDUCED
BY $89M
Source text: ID:nBw3PHwka
Further company coverage: GENM.TO
((Reuters.Briefs@thomsonreuters.com;))
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