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Perpetua Resources Secures $2.9B Loan from U.S. EXIM for Idaho Stibnite Gold-Antimony Project

GateNews

2026-05-21 20:51:18

Perpetua Resources Corp. announced today that it has secured a $2.9 billion loan from the U.S. Export-Import Bank (EXIM) to develop the Stibnite gold and antimony mining project in Idaho. The financing comes after the EXIM completed its technical and financial review of the project.

The mining company is backed by billionaire hedge fund manager John Paulson, who serves as the company's largest shareholder. The loan proceeds will support the engineering and construction phases of the Stibnite project.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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