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The CBA between Generation PGM and BN, which was ratified through a BN membership vote completed on November 12, 2022, describes the benefits the BN community will receive from the Project and details how the Project’s impacts on the community will be mitigated. It includes commitments from the Company regarding environmental management, employment, training and education, business opportunities, social and cultural support, and financial participation

Generation Mining Reaches Community Benefits Agreement with Biigtigong Nishnaabeg

Generation Mining Limited (TSX: GENM) (OTCQB: GENMF) (“ Gen Mining ” or the “ Company ”) announces that Biigtigong Nishnaabeg (“ BN ”) has approved a Community Benefits Agreement (“ CBA ”) in respect of the Marathon Palladium Copper Project (the “ Project ”) owned by the Company’s wholly-owned subsidiary, Generation PGM Inc. ( “Generation PGM” )

By AP News
Published - Nov 14, 2022, 06:34 AM ET
Last Updated - Jun 18, 2024, 02:57 AM EDT

TORONTO--(BUSINESS WIRE)--Nov 14, 2022--

Generation Mining Limited (TSX: GENM) (OTCQB: GENMF) (“ Gen Mining ” or the “ Company ”) announces that Biigtigong Nishnaabeg (“ BN ”) has approved a Community Benefits Agreement (“ CBA ”) in respect of the Marathon Palladium Copper Project (the “ Project ”) owned by the Company’s wholly-owned subsidiary, Generation PGM Inc. ( “Generation PGM” ).

The CBA between Generation PGM and BN, which was ratified through a BN membership vote completed on November 12, 2022, describes the benefits the BN community will receive from the Project and details how the Project’s impacts on the community will be mitigated. It includes commitments from the Company regarding environmental management, employment, training and education, business opportunities, social and cultural support, and financial participation.

Commenting on the CBA Jamie Levy, the President and CEO said, “We are pleased to have reached an agreement with BN as we advance the Marathon Palladium Copper Project to construction and production. We will work closely with them to ensure benefits accrue to BN in the form of employment and training opportunities, financial participation, and business and contracting opportunities, all while maintaining a shared focus on environmental protections for the Biigtig Zibi (Pic River) and other areas that may be impacted by the Project.”

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