Perpetua Resources ( (PPTA) ) just unveiled an update.
Perpetua Resources has announced its full-year 2024 highlights and recent achievements, focusing on advancing the Stibnite Gold Project. Key accomplishments include securing significant funding and permits, completing basic engineering, and executing a procurement contract with Idaho Power. The company is poised to make a construction decision for the project, which is expected to produce gold and antimony while restoring a brownfield site. These developments position Perpetua Resources favorably in the mining industry, with potential implications for stakeholders, including enhanced domestic antimony supply and contributions to low-carbon energy initiatives.
More about Perpetua Resources
Perpetua Resources Corp. is a company focused on the exploration, site restoration, and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho. The company is advancing the Stibnite Gold Project, which is one of the highest-grade open pit gold deposits in the United States. The project aims to restore an abandoned mine site while producing gold and antimony, a critical mineral for U.S. defense needs. Perpetua Resources is committed to responsible mining practices, environmental stewardship, and sustainability, with a portion of its antimony production supporting low-carbon energy solutions.
YTD Price Performance: 0.90%
Average Trading Volume: 870,202
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $755.7M
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