United States Antimony Stock Price, News & Analysis

United States Antimony (NYSE:UAMY) has announced the appointment of two new Vice Presidents. Rodney (Rod) Blakestad has been named VP of the Mining Division, while Leo Jackson becomes VP of the Mexican Antimony Division.

Blakestad, an economic geologist with over 45 years of experience in hard rock mining, holds a B.Sc. in Geology and a Juris Doctor in environmental law. He is recognized as a Qualified Person under Canadian NI 43-101 and will oversee all Company's mining operations in Alaska.

Jackson, fluent in Spanish with over 40 years of experience in Mexico, has been associated with UAMY for approximately 25 years, previously serving on the Board of Directors. He has overseen permitting at the Madero smelter and been involved in logistics between Mexico and the United States.

United States Antimony (NYSE:UAMY) announced its participation in Mines and Money Miami 2025, scheduled for February 20-21 at the James L. Knight Center in Miami, Florida. The company's Chairman and CEO, Gary C. Evans, will participate in a Government Roundtable at Greenberg Traurig LLP on February 19th and deliver a corporate presentation on February 20, 2025. Evans will also conduct one-on-one meetings with institutional investors during the conference.

United States Antimony (NYSE:UAMY) has provided an operational update on its 100% owned Madero Smelter in Coahuila, Mexico. A five-member management team conducted an operational review to assess improvements needed to restart operations. The facility aims to process approximately 100 tons of antimony ore per month, with the first international supply expected to arrive in March 2025.

The smelter houses 17 furnaces (3 large, 14 small), with plans to repair and refurbish at least six furnaces over the next 30 days. The capital expenditure program, estimated at less than $1 Million, includes improvements to air compressors, construction of air control plenum systems, and furnace tilting. These upgrades aim to streamline operations and reduce human interaction.

According to John C. Gustavsen, President of the Antimony Division, the company has rehired important field personnel and notes that worldwide antimony prices have reached all-time highs, exceeding $20.00 per pound.

United States Antimony (NYSE:UAMY) has entered into an exclusive option agreement to acquire 100% ownership of 120 state mining claims in Alaska, covering approximately 17,900 acres with significant Stibnite antimony mineral potential. The agreement includes staged payments of $3 million and exploration commitments of $2.25 million over a five-and-a-half-year period, along with a Net Smelter Royalty.

The claims have shown promising results from historic exploration programs, particularly through soil sampling that revealed areas with high antimony values near the surface. The location offers excellent road access, and USAC plans to immediately begin preparing a field program to assess the resource potential, focusing on accessible, near-surface antimony deposits while maintaining environmental compliance.

United States Antimony (NYSE:UAMY) has announced its participation in the 2025 Mining Conference: Mining & Supplying Critical Minerals & Precious Metals, hosted by Maxim Group on January 16th, 2025. Jonathan Miller, Vice President of Investor Relations, will engage in a 25-minute fireside Q&A session at 11:30 am EST, discussing USAC's strategic initiatives for domestic antimony supply chains and providing updates on antimony and zeolite operations.

The conference will feature virtual discussions focusing on future trends in mining and supplying critical minerals and precious metals. According to Maxim Group's Senior Research Analyst Tate Sullivan, the upcoming U.S. presidential inauguration may influence how mining companies supply critical minerals to various countries, including China and the U.S. The event will be accessible via live webcast on M-Vest, with a replay available on the Company's website.

United States Antimony (NYSE American:UAMY) has secured a second international antimony supply contract from Thailand, comprising 50 wet metric tons (two full containers) expected to arrive at Mexico's Manzanillo port in March 2025 for processing at the Company's Madero Smelter.

Additionally, UAMY filed a new $100 million universal shelf registration statement on Form S-3 with the SEC, replacing its existing $25 million shelf registration expiring in January 2025. This filing aims to provide flexibility for future capital market access, though no immediate plans for securities issuance exist.

This development, combined with the previously announced Australian antimony supply agreement on December 20, 2024, positions UAMY for what management expects to be an exceptional fiscal 2025.

United States Antimony (NYSE:UAMY) has secured a new international contract for antimony shipments from Australia and plans to restart its Madero, Mexico smelter. The facility, which was shut down in March 2024 due to lack of economic antimony material, will undergo capital improvements estimated at less than $1 Million, including refractory relining of rotary furnaces and maintenance work.

The Madero smelter has an engineered capacity of 200 tons per month. Initial shipments are expected to arrive at Mexico's Manzanillo port in March 2025 after a 75-day ocean voyage. The company anticipates potential increases in antimony ore quantities up to 300 tons per month as they optimize processing operations for the new material.

United States Antimony (NYSE AMERICAN:UAMY) announced the relocation of its corporate headquarters from Thompson Falls, Montana, to Dallas, Texas, with no associated transition costs. The company also revealed key management changes effective December 9, 2024: Gary C. Evans has assumed the Chief Executive role while continuing as Chairman, and Joe Bardswich becomes Executive Vice President and Chief Mining Engineer, while remaining a board member and President of new mining subsidiaries.

The restructuring aims to better align roles and responsibilities, with Evans focusing on corporate leadership and Bardswich concentrating on mining operations and production. The company emphasizes its transformation over the past year and plans to expedite mining prospect development from the typical 25-year timeline to less than one year, focusing on previously discovered ore deposits on private and State/Provincial properties.

United States Antimony (NYSE AMERICAN:UAMY) has announced its participation in The Benchmark Company's 13th Annual Discovery One-on-One Investor Conference. The event is scheduled for December 11, 2024, at the New York Athletic Club in New York City. During the conference, USAC management will engage in one-on-one meetings with investors and analysts, providing an opportunity for direct interaction with institutional and individual investors.