Trump Approves Final Permit for Perpetua’s US Gold-Antimony Mine
Perpetua’s Stibnite Mine, Fast-Tracked by Trump, Secures Permit for Gold and Antimony Boom

Hold onto your hard hats, investors—Perpetua Resources (NASDAQ:PPTA) is striking it rich! The Trump administration has greenlit the final federal permit for the Stibnite Gold-Antimony Project in Idaho, sending PPTA stock soaring nearly 10% pre-market to $13.07 from a $11.94 close. With Interior Secretary Doug Burgum steering the charge, this Clean Water Act permit from the U.S. Army Corps of Engineers marks a pivotal win for US critical minerals, especially antimony, in the face of China’s export bans. Let’s unearth why Perpetua’s dual-threat mine is the talk of Wall Street and what lies ahead.
Stibnite: A Gold Mine with Antimony Muscle
Nestled in Idaho’s rugged Valley County, the Stibnite Gold-Antimony Project is no ordinary dig. It’s poised to be one of the US’s highest-grade open-pit gold mines, boasting 4.8 million ounces of gold reserves and an estimated 450,000 ounces of annual production for its first four years. But the real gem? Stibnite holds 148 million pounds of antimony—the only identified US reserve and one of the largest outside China’s control, according to Perpetua Resources Perpetua Resources.
Antimony, a critical mineral used in munitions, flame retardants, and batteries, is in the spotlight after China banned US-bound exports of antimony, gallium, and germanium late last year, as reported by Bloomberg Bloomberg. Stibnite could meet 35% of US antimony demand in its first six years, making it a linchpin for national security and energy independence. The Trump administration’s fast-track designation in April, one of ten projects including Resolution Copper by Rio Tinto and BHP, underscores its strategic heft, with the Interior Department hailing it as a step toward “American energy dominance” Interior Department Statement.
