TSX:PPTAMetals and Mining
Perpetua Resources (TSX:PPTA) Is Down 9.6% After Securing US$2.9B EXIM Loan for Stibnite Project
Perpetua Resources Corp. recently announced that the U.S. Export-Import Bank unanimously approved a US$2.90 billion, 13-year senior secured loan to develop the Stibnite Gold Project in Idaho, following extensive technical, financial, environmental and social reviews.
This financing, expected to fully fund direct construction and support the only identified U.S. reserve of critical mineral antimony, underscores how deeply the project is tied to national security and domestic industrial supply...