Earnings summaries and quarterly performance for PERPETUA RESOURCES.
Executive leadership at PERPETUA RESOURCES.
Board of directors at PERPETUA RESOURCES.
Research analysts covering PERPETUA RESOURCES.
Recent press releases and 8-K filings for PPTA.
Perpetua Resources Announces Q3 2025 Results and Stibnite Gold Project Milestones
PPTA
Earnings
New Projects/Investments
CFO Change
- Perpetua Resources announced its unaudited condensed consolidated financial results for the period ended September 30, 2025, and highlighted recent progress on the Stibnite Gold Project.
- The company broke ground on the Stibnite Gold Project on October 21, 2025, which is designed to produce gold and the only mined source of antimony in the United States for defense needs.
- Perpetua secured substantial funding, including $49 million in gross proceeds from an equity offering in July 2025, $255 million in gross proceeds from a strategic equity investment in October 2025, and $78 million in gross proceeds from another equity offering in late October 2025.
- Progress was made on a $2.0 billion debt financing application with U.S. EXIM, with a Preliminary Project Letter and Indicative Term Sheet received on September 8, 2025, and board consideration anticipated by Spring 2026.
- Mark Murchison was appointed as Chief Financial Officer, effective October 1, 2025.
Nov 17, 2025, 12:00 PM
NevGold Reports Positive Phase II Antimony Metallurgical Testwork Results
PPTA
New Projects/Investments
- NevGold Corp. announced positive Phase II antimony acid leaching results at its oxide gold-antimony Limousine Butte Project in Nevada.
- The testwork showed antimony recovery rates ranging up to 92% across antimony grades from 0.1% Sb to 8.5% Sb. For example, a 0.13% Sb sample achieved up to 85% recovery, and a 4.67% Sb sample achieved up to 92% recovery.
- Acid leaching is being reviewed as the preferred metallurgical process, aiming to produce antimony metal on-site through a conventional leaching scenario, thereby eliminating reliance on downstream processing at third-party smelters.
- The antimony recovery process demonstrated minimal to no impact on gold recoveries in a potential combined gold-antimony mine scenario.
- The company's drill program is ongoing with 13 holes completed, focused on advancing the Limousine Butte Project to a gold-antimony Mineral Resource Estimate.
Nov 5, 2025, 12:00 PM
Perpetua Resources Corp. announces common share offering and private placement
PPTA
- Perpetua Resources Corp. entered into an underwriting agreement on October 28, 2025, to issue and sell 2,938,000 common shares at an offering price of $24.25 per share.
- Additionally, Agnico Eagle Mines Limited intends to purchase 280,415 common shares in a private placement.
- The company, its directors, and executive officers have agreed to lock-up periods of 90 days and 60 days, respectively, following the prospectus supplement date.
- The common shares are registered on a Form S-3 registration statement and will be listed on the Nasdaq Capital Market and conditionally approved for listing on the TSX.
Oct 30, 2025, 9:00 PM
Perpetua Resources Announces Pricing of Common Share Offering and Private Placement
PPTA
New Projects/Investments
- Perpetua Resources Corp. announced the pricing of a public offering of 2,938,000 common shares at US$24.25 per share, which is expected to generate approximately $71.2 million in gross proceeds.
- Agnico Eagle Mines Limited intends to exercise its pro rata participation right in a concurrent private placement, potentially resulting in the issuance of an additional 288,200 common shares for $7.0 million in proceeds, bringing the total gross proceeds to approximately $78.2 million if fully exercised.
- The net proceeds from the offering and concurrent private placement are intended to fund the construction and development of the Stibnite Gold Project, working capital, exploration, restoration, reclamation work, and general corporate purposes.
- The offering is expected to close on or about October 30, 2025.
Oct 28, 2025, 11:59 PM
Perpetua Resources Corp. Completes $255 Million Private Placement to Fund Stibnite Gold Project
PPTA
New Projects/Investments
Legal Proceedings
- Perpetua Resources Corp. completed a private placement on October 28, 2025, raising US$255 million through the sale of 10,944,205 common shares at US$23.30 per share and warrants to purchase an additional 4,053,408 common shares.
- The placement involved Agnico Eagle Mines Limited and JPMorgan Chase Funding Inc., who will own approximately 8.6% and 3.68% of the outstanding common shares, respectively, on a partially-diluted basis.
- Proceeds from the private placement are intended for the development of the Stibnite Gold Project, exploration activities, working capital, and general corporate purposes.
- The company broke ground on the Stibnite Gold Project on October 21, 2025, but still requires significant additional funding, as the total initial capital cost was estimated at approximately $2,215 million as of December 31, 2024.
- The Stibnite Gold Project faces ongoing legal challenges and potential delays due to a prolonged U.S. federal government shutdown, which could impact the company's EXIM loan application.
Oct 28, 2025, 9:28 PM
Perpetua Resources Announces $70 Million Common Share Offering
PPTA
New Projects/Investments
- Perpetua Resources Corp. announced a $70 million public offering of common shares on October 28, 2025.
- Agnico Eagle Mines Limited intends to exercise its pro rata participation right in a concurrent private placement at the public offering price.
- The net proceeds from the offering and concurrent private placement are expected to fund the construction and development of the Stibnite Gold Project, working capital, exploration, restoration, reclamation, and general corporate purposes.
- BMO Capital Markets, National Bank of Canada Capital Markets, and RBC Capital Markets are acting as joint book-running managers for the offering.
Oct 28, 2025, 8:10 PM
Perpetua Resources Secures $255M Private Placement for Stibnite Project
PPTA
New Projects/Investments
- Perpetua Resources agreed to raise approximately $255 million through a private placement to finance the development of its Stibnite gold and antimony project in central Idaho.
- Agnico Eagle invested $180 million, acquiring roughly a 6.5% stake, while JPMorgan Chase invested $75 million for approximately a 2.7–3% stake.
- The private placement was priced at $23.30 per share, and the Stibnite project is projected to produce about 450,000 troy ounces of gold annually over its first four years of output.
- This financing follows a preliminary $2 billion indicative term sheet from the U.S. Export-Import Bank for potential debt financing, with JPMorgan's investment being part of its $1.5 trillion Security and Resiliency Initiative.
Oct 27, 2025, 11:00 AM
Perpetua Resources Announces $255 Million Strategic Equity Investment
PPTA
New Projects/Investments
- Perpetua Resources Corp. (PPTA) announced a $255 million equity investment from Agnico Eagle Mines Limited and JPMorganChase.
- Agnico Eagle invested $180 million for a 6.5% equity stake, and JPMorganChase invested $75 million for a 2.7% equity stake, with the Private Placement priced at $23.30 per common share.
- The proceeds will be used for the development of the Stibnite Gold Project in central Idaho, which is expected to produce the only domestic reserve of antimony and become one of the highest-grade gold producers in the United States.
- The Private Placement is anticipated to close on or about October 28, 2025.
Oct 27, 2025, 11:00 AM
Perpetua Resources Breaks Ground on Stibnite Gold Project
PPTA
New Projects/Investments
Debt Issuance
- Perpetua Resources has commenced early works construction on the Stibnite Gold Project, following the posting of $139 million in financial assurance and receiving U.S. Forest Service approval.
- The Stibnite Gold Project is significant as it contains America's only reserve of the critical mineral antimony and is projected to be one of the highest-grade open-pit gold mines in the U.S., with 4.8 million ounces of gold reserves.
- The project is expected to generate 950 direct jobs during construction and 550 direct jobs during operations.
- Perpetua has secured a preliminary project letter and indicative term sheet from the U.S. EXIM Bank for $2 billion in debt financing, with final Board consideration expected by spring 2026.
Oct 21, 2025, 8:45 PM
Perpetua Resources CEO to appear on FOX Business to discuss critical minerals and Stibnite Gold Project
PPTA
New Projects/Investments
Guidance Update
- Perpetua Resources' President and CEO, Jon Cherry, is scheduled to appear live on the FOX Business Network on October 15, 2025, at 7:30am ET.
- Cherry will discuss China, critical minerals, and antimony, along with the next steps for the Stibnite Gold Project, including the potential commencement of early works construction as soon as next week.
- The Stibnite Gold Project is designed to be the only mined source of antimony in the United States, which is essential for U.S. defense needs.
Oct 14, 2025, 9:59 PM
Quarterly earnings call transcripts for PERPETUA RESOURCES.
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