Perpetua Resources has secured unanimous approval for a US Export-Import Bank $2.9 billion loan under the Make More in America Initiative to build the $1.3 billion Stibnite Gold project in Idaho, which hosts the only identified domestic antimony reserve. The financing, combined with existing cash, is expected to fully fund direct construction, supporting the US Army’s “ground-to-round” antimony trisulphide supply chain for ammunition and wider defence uses. The project, designated a FAST-41 Transparency Project, has completed extensive scientific and public review, while Perpetua’s market capitalisation sits at $3.34 billion.

Exploration momentum is building across Australia as Auravelle Metals, Terrain Minerals and Amara Minerals push gold and antimony projects forward via reverse circulation (RC) drilling, technical studies and early-stage resource work. Terrain is advancing its Lightning gold project towards a maiden resource while also running new RC drilling campaigns at Nuckulla Hill to test extensions to known mineralisation. Amara is reporting growing confidence in a deepening antimony system at Lauriston, signalling potential for larger-scale, higher-grade underground targets.

Metso has secured orders worth over €10 million to supply two Premier horizontal grinding mills to Emerald Resources’ Dingo Range Gold Project in Western Australia and Memot Gold Project in Cambodia, booked in Metso’s Minerals segment Q2 2026. The package includes a 12 ft x 18 ft, 1.6 MW Premier ball mill for Dingo Range and a 15 ft x 22 ft, 3 MW Premier SAG mill for Memot, both with Metso’s gear-driven technology. The mills are designed for gold ore grinding circuits, with Metso providing engineering support and spare parts to optimise throughput and availability.