Welcome to our dedicated page for Perpetua Resources news (Ticker: PPTA), a resource for investors and traders seeking the latest updates and insights on Perpetua Resources stock.
Perpetua Resources Corp. (PPTA) generates a steady flow of news centered on the advancement of its Stibnite Gold Project in central Idaho, a gold‑antimony‑silver redevelopment project described as one of the highest‑grade open‑pit gold deposits in the United States and the only identified domestic reserve of antimony. News coverage often highlights permitting milestones, government engagement, financing developments, and technical progress as the company moves the project from planning toward development and early works construction.
Investors following Perpetua Resources news can expect updates on regulatory decisions by the U.S. Forest Service and Idaho agencies, including the Final Environmental Impact Statement, Record of Decision, and conditional and final Notices to Proceed that authorize project development upon posting of financial assurance. Company releases also report on financial assurance arrangements, reclamation bonding, and related agreements that support construction‑phase obligations at the Stibnite site.
Another major news theme is the project’s role in U.S. critical mineral strategy. Perpetua’s announcements describe antimony from Stibnite as the only known domestic reserve capable of meeting U.S. defense needs for many small arms, munitions, and missile types. News items cover awards from the U.S. Department of Defense, partnerships with the Idaho National Laboratory and the Defense Ordnance Technology Consortium, and a non‑binding Letter of Interest and preliminary term sheet from the Export‑Import Bank of the United States for potential project financing.
Perpetua Resources also issues news on equity offerings, strategic investments from institutions such as Agnico Eagle and JPMorgan, and the selection of an Engineering, Procurement, and Construction Management contractor. These updates provide insight into project funding, construction readiness, and corporate strategy. For readers tracking PPTA, the news feed offers ongoing detail on how the company is progressing permitting, financing, early works construction, and its stated environmental restoration and community commitments at Stibnite.
Perpetua Resources Corp. (PPTA) endorses the Idaho Congressional Delegation's push for expedited permitting of critical mineral projects, vital for U.S. economic security amidst geopolitical tension. The Stibnite Gold Project aims to restore an abandoned mine while producing gold and antimony, a crucial mineral for clean energy and defense. With over 75% of antimony production controlled by foreign nations like China and Russia, the project could secure the only domestically mined antimony source, enhancing energy independence and supporting defense needs.
Perpetua Resources Corp. (Nasdaq: PPTA) announced that the U.S. Forest Service is set to publish a Supplemental Draft Environmental Impact Statement (SDEIS) for the Stibnite Gold Project in early Q3 2022. This project aims to responsibly mine gold and antimony, a critical mineral for clean energy and defense. The USFS has made significant progress in its review, responding to over 850 public comments. The Stibnite Gold Project is crucial for reducing U.S. reliance on foreign antimony sources, with the U.S. Geological Survey reporting substantial dependence on imports.
Perpetua Resources Corp. (Nasdaq: PPTA) has appointed PricewaterhouseCoopers LLP as its new auditor, replacing Deloitte LLP, following a competitive review process. This transition is part of the company's shift to being a U.S. Domestic Issuer. President and CEO Laurel Sayer expressed gratitude towards Deloitte for their support over the past decade. Notably, there were no modified opinions or reportable events from the Former Auditor's audits. The appointment received approval from the Board of Directors and the Audit Committee.
Perpetua Resources Corp. (Nasdaq: PPTA) announced that President and CEO, Laurel Sayer, will present at several upcoming industry conferences. The focus of Perpetua Resources is on the redevelopment of gold-antimony-silver deposits in Idaho's Stibnite-Yellow Pine district. The company aims to operate a high-grade open-pit gold mine, support the low-carbon energy transition, and restore an abandoned site. Presentations will occur at the Precious Metals Summit Beaver Creek on September 9, and the Gold Forum Americas on September 13, 2021. More details are available on their website.
Perpetua Resources Corp. (Nasdaq: PPTA) has announced the complete exercise of the over-allotment option related to its recent public offering. This has resulted in the purchase of an additional 1,428,572 common shares at US$5.25 each, generating gross proceeds of approximately US$7.5 million. The total gross proceeds from the offering now stand at about US$57.5 million. Proceeds will support operations at the Stibnite Gold Project in Idaho and cover general corporate expenses.
Perpetua Resources Corp. (PPTA) has successfully completed a public offering, issuing 9,523,810 common shares at US$5.25 per share, raising gross proceeds of US$50 million. The offering was led by B. Riley Securities and Cantor Fitzgerald, with the potential for additional shares through a 30-day over-allotment option. Proceeds will primarily fund operations at the Stibnite Gold Project, including permitting and engineering. Additionally, Paulson & Co. purchased a significant share portion to maintain a 40.276% stake, qualifying the offering as a related party transaction.
Perpetua Resources Corp. (Nasdaq: PPTA) has announced the pricing of an underwritten public offering to sell 9,523,810 common shares at $5.25 each, expected to generate approximately $50 million in gross proceeds. The company has granted underwriters a 30-day over-allotment option for an additional 1,428,572 shares. Proceeds will fund permitting, restoration, and engineering for the Stibnite Gold Project. The offering is anticipated to close around August 17, 2021, pending customary conditions and approvals.
Perpetua Resources Corp. (NASDAQ: PPTA) has announced a public offering of common shares in the U.S. and Canada. The offering, managed by B. Riley Securities and Cantor Fitzgerald, is subject to market conditions, with total pricing to be determined upon signing the underwriting agreement. The Company plans to use proceeds for permitting, restoration, field operations, and general corporate purposes related to the Stibnite Gold Project. An over-allotment option allows underwriters to purchase an additional 15% of shares. Closing is subject to customary conditions and necessary approvals.
Perpetua Resources Corp. (Nasdaq: PPTA) has signed an agreement to supply antimony from its Stibnite Gold Project to Ambri Inc. This deal aims to support the decarbonization of energy grids by enabling the production of low-cost liquid metal batteries. The partnership is expected to generate over 13 Gigawatt hours of battery capacity, significantly exceeding the entire U.S. energy storage market's additions in 2020. This collaboration enhances Perpetua's position as an ESG-focused company in the green energy sector.
Perpetua Resources Corp. (Nasdaq: PPTA) announced that the US Forest Service (USFS) is progressing with its modified proposed action for the Stibnite Gold Project under the NEPA process. The Project aims to responsibly mine gold and antimony, restoring an abandoned site while enhancing Idaho's economy. Key modifications include reduced environmental impact, with a focus on improving water quality and eliminating waste rock areas. The USFS plans to issue a Supplemental Draft Environmental Impact Statement (SDEIS) in Q1 2022, with a Final Decision anticipated by mid-2023.
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