Marathon is a fully permitted, open-pit copper-palladium-platinum-gold-silver development project owned 100% by Generation Mining. Sibanye-Stillwater has a 12.14% effective attributable interest through its equity holding in Generation Mining rather than direct project ownership. The November 2024-effective feasibility study covers the Marathon deposit mine plan, while the wider resource also includes the Geordie and Sally deposits. Resource PGE rows in this payload represent combined palladium plus platinum, or 2E; gold is reported separately. Generation Mining appointed Ausenco as EPCM partner and began limited-notice-to-proceed design and execution-readiness work in March 2026. By June 22, 2026 it had announced approximately C$969 million of committed or credit-approved project funding, although definitive financing documentation, the remaining equity and surety arrangements, and a formal construction decision were still outstanding.
- Country
- Canada
- Commodity
- PGE
- Stage
- Feasibility