Perpetua Resources advances Stibnite construction
The company began Burntlog Route and other critical-path work after a court denied a preliminary injunction, targeting 2029 production and delivering antimony for U.S. defense.
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Mining company for antimony and gold
perpetuaresources.comLast updated
In short: Perpetua Resources secured a $2.9 billion EXIM loan and broke ground on its Stibnite Gold Project to establish a domestic antimony supply chain.
The company began Burntlog Route and other critical-path work after a court denied a preliminary injunction, targeting 2029 production and delivering antimony for U.S. defense.
The funding will support the Stibnite Gold Project in Idaho.
The loan funds construction of the Stibnite Gold Project, supports domestic antimony supply, and is expected to fully fund capital costs while creating hundreds of jobs in rural Idaho.
The proposed $2.7B loan includes a $2.2B direct loan to fund construction, with updated project economics showing NPV of up to $6.1B.
Perpetua Resources Loan - market correction risks, volatility spikes, and downside pressure. Perpetua Resources has obtained a $2.9 billion loan from the U.S. Export-Import Bank...
Mining company Perpetua Resources has secured a $2.9 billion loan from the U.S. Export-Import Bank as the U.S. looks to secure access to critical minerals.
Perpetua Resources' Stibnite gold and antimony project in Idaho, critical for U.S. defense, is stall...
Perpetua Resources Corp. is a U.S.-based mineral exploration and development-stage company with an operational focus on acquiring mining properties and exploring for gold, silver, antimony...
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