Accommodations have been arranged for the incoming construction workforce that will build palladium and copper mine near the town of Marathon.
Generation Mining has entered into an agreement with Valard Equipment for the lease of a construction camp located in the town until June 30, 2023.
The mining company has the option to buy the camp during or at the end of the lease, according to a July 12 news release.
The company’s Marathon Palladium Copper Project is located 10 kilometres north of town. Tentative plans are to break ground on construction of the open-pit mine in May 2023 once federal and provincial approvals are granted.
The company is going through the steps to get the project financing and permitting paperwork in place. Construction will take place over a 20 to 24-month period.
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The camp, previously used to house workers involved in the construction of the East-West Tie transmission line around the north shore of Lake Superior, has accommodations for 263. It includes a commercial kitchen, recreational and maintenance facilities and management offices.
Additional capacity will be secured as activity at the site increases to a peak construction period of 1,000 workers. In connection with this agreement, Gen Mining has also leased the existing serviced camp site from the municipality.
The Biigtigong Nishnaabeg First Nation (Pic River First Nation) will operate and service the camp as part of Gen Mining’s commitment to the community under a memorandum of agreement signed last January.
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“This is the first of a number of steps we are taking this summer to advance the Marathon Project readiness, thus saving us time, in anticipation of initial site preparation and construction, which we expect to commence following receipt of required permits and financing,” said Jamie Levy, Gen Mining’s president-CEO in a statement.
Once the mine is in commercial production, there will be 400 direct mining jobs provided over a projected 13-year mine life. Annual production will be 245,000 ounces of palladium.
