Sprott puts millions of dollars into proposed palladium project

"One of Canada’s long-time mining moguls has given a proposed palladium mine on Marathon’s doorstep a big shot in the arm.

Generation Mining announced Wednesday that billionaire investor Eric Sprott has invested $5 million into the project, which calls for an open-pit operation near the town’s airport.

Sprott’s investment is to give him a stake in the company worth nearly nine per cent, said a Generation Mining news release."

- Source, Chronicle Journal