Stibnite gold project, US


Photo by Perpetua Resources Corp
Name of the Project
Stibnite gold project.
Location
Central Idaho, in the US.
Project Owner/s
Mining exploration and development company Perpetua Resources Corp.
Project Description
The project is expected to be one of the highest-grade openpit gold mines in the US. It is designed to redevelop the abandoned Stibnite mine site for gold, silver and antimony, while providing environmental restoration for the dormant site.
The project contains an estimated 4.8-million-ounce gold reserve and is expected to produce 450 000 oz/y of gold over the first four years of production.
In addition, the estimated 148-million-pound antimony reserve is the only identified antimony reserve in the US, and is expected to supply an estimated 35% of the country’s demand in the first six years of operation.
Antimony is a listed critical mineral for its role in technology, defence and energy products.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
The project is expected to provide an estimated 550 jobs for rural Idaho during operations.
Capital Expenditure
Not stated.
Planned Start/End Date
The US Forest Service approved the mine plan in January 2025, in accordance with the country’s National Environmental Policy Act.
This final record of decision concludes an extensive eight-year process of investigation, analysis, consultation and public engagement.
The approval enables Perpetua to proceed towards a final construction decision, including securing remaining federal and state permits, and project financing.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Perpetua Resources Corp, tel +1 208 901 3060 or email info@perpetuacorp.us.
Comments
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation