The U.S. government has granted final approval for Perpetua Resources’ antimony and gold mining project in Idaho, aiming to boost domestic production of critical minerals amid global trade tensions. After an extensive eight-year review, the project is set to commence operations by 2028, with projections to supply over 35% of the annual U.S. antimony demand and produce 450,000 ounces of gold each year.
This development is significant for royalty holders, as increased domestic mining activity can enhance the value of mineral assets and lead to more robust royalty streams. However, it’s essential to consider environmental and community concerns, such as those raised by the Nez Perce tribe regarding potential impacts on local ecosystems.
At Precision Mineral Accounting, we monitor such developments to provide our clients with insights into how new projects may influence their royalty interests.
