Results for: Antimony

Perpetua Resources Corp. (PPTA) is making waves in the mining industry with its ambitious Stibnite Gold Project in Idaho. This project aims to revitalize a historical mining site, not only extracting critical minerals like antimony and gold but also prioritizing environmental restoration. Analysts are bullish on Perpetua’s future, citing strong financial backing, a strategic focus on resource security, and a commitment to sustainability. With the recent approval of its Modified Mine Plan and increasing demand for antimony, Perpetua is poised to become a major player in the critical minerals market.

Metallis Resources Inc. is excited to announce promising results from their initial exploration program at the Greyhound Property in Idaho. High-grade silver, gold, and antimony assays have been identified, validating historic results and highlighting the property’s potential. The company is now actively evaluating options for further exploration, including geophysics and drilling, to unlock the value of this promising asset.

The United States is facing a critical antimony shortage due to China’s upcoming export restrictions. This shortage could severely impact US military capabilities, as antimony is essential for munitions production. Perpetua Resources Corp.’s Stibnite gold project in Idaho could become the US’ sole domestic source of antimony, offering a potential solution to the looming crisis.

Perpetua Resources Corp., owner of the largest US antimony reserve, stands to benefit significantly as China imposes export controls on antimony, a strategic metal used in military applications. The move is expected to accelerate the restarting of Perpetua’s Stibnite mine in Idaho, with permitting seen as imminent.

Perpetua Resources Corp. (PPTA) is making significant strides in developing its Stibnite Gold Project, fueled by the burgeoning global demand for critical minerals. The project, strategically positioned to provide a domestic source of antimony, a key element for clean energy technologies and national security, is attracting substantial investment and support. This news comes amidst a growing recognition of the critical minerals sector’s importance in driving the global transition to clean energy.

China has announced export controls on antimony, a mineral used in various products, including batteries and weapons. The move, effective September 15, is aimed at protecting China’s security and interests, and fulfilling its international non-proliferation obligations. This action follows similar export restrictions on other critical materials last year, escalating tensions with the US over technology and security.