The U.S.-China trade conflict has reached a new level of intensity, with Beijing banning exports of critical minerals like gallium, germanium, and antimony to the United States. These materials, essential for advanced technologies and military applications, are now being leveraged as geopolitical tools in an escalating economic confrontation. Antimony in particular has drawn significant attention. This often-overlooked [...]
With JP Morgan CEO Jamie Dimon warning Washington that China and Russia are seeking to dismantle the Western world, and "World War III has already begun", access to critical metals that serve as the fuel of America's military has become the most urgent issue of our time. Critical metals will determine superpower status and global domination. China is winning because it controls the bulk of the world's critical metals [...]
Perpetua Resources Corp. today announced the pricing of its previously announced public offering of 3,439,465 shares of its common stock in the United States at a price to the public of US$10.17. The gross proceeds to Perpetua Resources from the Offering, before deducting commissions and expenses and other Offering expenses, will be approximately $35 million, or approximately $40 million if the Underwriters exercise the [...]
Perpetua Resources Corp. announced today that its unaudited condensed consolidated financial results for the period ended September 30, 2024 were filed. For details, please see the Company's filings available on EDGAR and SEDAR. Perpetua Resources' vision is to provide the U.S. with a domestic source of the critical mineral antimony, develop one of the largest and highest-grade open pit gold mines in the country and [...]
Antimony, an essential mineral for military and high-tech applications, is at the center of an escalating supply crisis. In August 2024, China, which controls nearly 80% of global antimony production, imposed strict export restrictions, citing national security concerns. This decision left Western nations scrambling to secure alternative sources, underscoring their dependency on China for critical minerals. "The [...]
Critical minerals like antimony and tin are essential for defense technology, renewable energy, and advanced manufacturing, but their supply chains are increasingly strained. With major producers like China limiting exports, countries are pushing to secure domestic sources of these vital materials. Government initiatives, including the U.S. Defense Production Act and the EU's Critical Raw Materials Act, are accelerating [...]
U.S. Forest Service to publish Final Environmental Impact Statement and favorable Draft Record of Decision tomorrow. Stibnite Gold Project is poised to become the next world class gold mine and the only U.S. mined source of the critical mineral antimony. Decision comes days before China's antimony export restrictions go into effect. Perpetua Resources Corp. today announced that the United States Forest Service has [...]
Perpetua Resources Corp. announced today that its unaudited condensed consolidated financial results for the period ended June 30, 2024 were filed. For details, please see the Company's filings available on EDGAR and SEDAR. Perpetua Resources' vision is to provide the U.S. with a domestic source of the critical mineral antimony, develop one of the largest and highest-grade open pit gold mines in the country and restore an [...]
Perpetua Resources Corp. released its 2023 Sustainability Report highlighting the Company's key achievements and progress in advancing its environmental, social and governance goals. The report, which is the Company's 11th annual sustainability report, provides disclosure of ESG topics and aligns with the Sustainability Accounting Standards Board reporting framework for the Metals and Mining Industry. "Perpetua Resources [...]
Perpetua Resources Corp. today announced the results of its annual general meeting , which was held online through a virtual meeting platform on May 16, 2024. A total of 47,342,353 common shares were represented at the Annual Meeting, or 73.83% of the votes attached to all outstanding shares at the Company's record date of March 22, 2024. The Company's shareholders voted for the election of all director nominees listed in [...]
Perpetua Resources Corp. announced today that its unaudited condensed consolidated financial results for the period ended March 31, 2024 were filed. For details, please see the Company's filings available on EDGAR and SEDAR. Perpetua Resources' vision is to provide the U.S. with a domestic source of the critical mineral antimony, develop one of the largest and highest-grade open pit gold mines in the country and restore [...]
Letter of Interest indicates potential financing could provide 15 year repayment tenor under EXIM's Make More In America initiative and may be eligible for special consideration under the China and Transformational Exports Program. Potential funding further supports the Stibnite Gold Project as an emerging national strategic asset for antimony production and demonstrates the role the Project can play in driving economic [...]