Perpetua Resources

A U.S. District Court in Idaho denied an injunction sought by activist groups, allowing construction to proceed on Perpetua Resources’ Stibnite Gold Project. The project is expected to produce significant antimony (about 115 million pounds), plus gold and silver, and is viewed by the Pentagon as critical to restoring domestic antimony supplies by 2029. Developers emphasize extensive environmental remediation and reclamation plans for the historically disturbed site. The ruling reduces near-term legal risk but further litigation may continue. » More on forbes.com

The Export-Import Bank of the United States (EXIM) unanimously approved a 13-year, senior secured credit facility of $2.9 billion to finance Perpetua Resources' Stibnite gold project. The financing includes an initial tranche of $2.4 billion and, according to the company, together with its own funds will cover the estimated capital costs; interest will be set based on long-dated U.S. Treasuries plus 100 basis points. Disbursement is expected in the second half of 2026 after final documentation is completed and customary conditions are met. Perpetua expects the project to reopen and remediate the Idaho mine site to produce gold and antimony and to support an average of more than 700 direct annual jobs over the life of the mine. » More on de.investing.com

The board of the Export-Import Bank of the United States unanimously approved a senior secured, 13-year loan facility of USD 2.9 billion to support development of the Stibnite gold project. The structure includes an initial tranche of USD 2.4 billion; the remainder will cover capitalized interest during construction and EXIM fees. The interest rate is fixed at long-term US Treasury plus 100 basis points, with repayments starting in 2030. Disbursement is subject to final documentation and customary conditions precedent; Perpetua expects closing in the second half of 2026. » More on de.investing.com