Perpetua Resources Breaks Ground on Stibnite Gold Project in Idaho

Reuters
2025.11.17 12:01
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Perpetua Resources Corp. has commenced the Stibnite Gold Project in Idaho, a significant gold and antimony production venture. The company secured over $330 million in equity investments and received a conditional Notice to Proceed from the U.S. Forest Service. Early construction began in October 2025, with full construction expected by spring 2026.

Perpetua Resources Corp. has broken ground on the Stibnite Gold Project, marking a major milestone in developing one of the most significant gold projects in the United States. The project is expected to produce both gold and antimony, a critical mineral for the U.S. military and industrial sectors. The company recently closed significant equity investments totaling over $330 million and received a conditional Notice to Proceed from the U.S. Forest Service after placing financial assurance. Early works construction began in October 2025, with further project financing and detailed engineering underway as Perpetua moves toward a full construction decision anticipated in spring 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Perpetua Resources Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: VA25740) on November 17, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)