Perpetua Resources Corp Stock Price, News & Analysis

Perpetua Resources Corp. (Nasdaq: PPTA) has appointed Iron Woman Construction to conduct significant environmental restoration in the Stibnite Mining District, starting June 2023.

The initiative aims to relocate over 300,000 tons of legacy mine waste to enhance water quality in the area. This project is part of Perpetua's commitment to safe and sustainable mining practices.

Iron Woman, a Native American-owned firm, will employ a local workforce and oversee cleanup under EPA and USDA supervision. The project is expected to contribute to improved environmental conditions and community engagement while continuing ongoing cleanup efforts initiated in 2022.

Perpetua Resources Corp. (NASDAQ: PPTA) announced a schedule update from the U.S. Forest Service indicating the Final Environmental Impact Statement and draft Record of Decision for the Stibnite Gold Project are expected by year-end 2023, with a final decision in early 2024. Supported by $24.8 million from the U.S. Department of Defense, the project aims to establish domestic antimony sources critical for defense needs. The project is recognized as the Preferred Alternative, which is projected to enhance environmental conditions while creating economic opportunities in Idaho.

Perpetua Resources Corp. (PPTA) filed its Annual Report for the year ending December 31, 2022, detailing significant achievements and future plans. Highlights include zero lost time incidents and environmental spills, and funding awards totaling $224,000 from the Department of Defense to study antimony production. The US Forest Service identified Perpetua's proposed action as the Preferred Alternative in the Supplemental Draft Environmental Impact Statement for the Stibnite Gold Project. The company strengthened its leadership and initiated early restoration activities to enhance environmental conditions. These efforts position Perpetua for future success in advancing the Project.

Perpetua Resources Corp. (Nasdaq: PPTA) announced that over 15,000 supportive comments were submitted during the 75-day comment period for its Supplemental Draft Environmental Impact Statement (SDEIS) on the Stibnite Gold Project. This significant milestone advances the permitting process towards a Final Environmental Impact Statement (FEIS). The project aims to secure the only domestic source of antimony, enhance national security, restore a former mining site, and create hundreds of jobs in Idaho. Final decisions are anticipated by mid-2023.

Perpetua Resources Corp. (Nasdaq: PPTA) has received up to $24.8 million in funding under the Defense Production Act to support the Stibnite Gold Project. This funding will facilitate environmental studies and construction readiness, ensuring the domestic supply of antimony, critical for national defense. The project aims to restore environmental conditions while becoming the only mined source of antimony in the U.S. Additionally, Perpetua anticipates this funding will provide sufficient liquidity to advance permitting and early restoration activities.

Perpetua Resources Corp. (Nasdaq: PPTA) reported its financial results for the period ending September 30, 2022. The company aims to develop a significant gold mine while restoring a brownfield site, focusing on the Stibnite Gold Project. Highlights from Q3 include zero lost time incidents, completion of fieldwork, and progress in mediation discussions with the Nez Perce Tribe. The U.S. Forest Service designated Perpetua's Modified Mine Plan as the Preferred Alternative in the Supplemental Draft Environmental Impact Statement, marking a key milestone. The public review period ends on January 10, 2023.