- CEO
- Jonathan Cherry
- Full Time Employees
- 47
- Sector
- Basic Materials
- Industry
- Other Precious Metals
- Address
- 405 S 8th Street, Suite 201 Boise ID United States of America 83702
- IPO Date
- Feb 18, 2021
- Business
- Perpetua Resources Corp. is a development-stage company engaged in mineral exploration, site restoration, and redevelopment of gold, silver, and antimony deposits through its wholly owned subsidiaries. The company's principal asset is the Stibnite Gold Project located in central Idaho, United States, which includes the Hangar Flats Deposit, West End Deposit, and Yellow Pine Deposit. The Stibnite Gold Project is among the highest-grade open-pit gold deposits in the U.S. and is designed to produce gold alongside antimony—the only mined source of antimony in the country. The company focuses on applying modern, responsible mining practices to restore an abandoned mine site while producing these critical minerals that support national defense, advanced manufacturing, and renewable energy technologies.
Perpetua Resources offers core products including gold, silver, and high-purity antimony trioxide, serving industrial, military, and technological markets. The company emphasizes environmental stewardship, community engagement, and sustainability in its operations and is advancing advanced metallurgical processing and innovative environmental reclamation techniques. It operates primarily in the United States, with headquarters in Donnelly, Idaho, and additional offices in Boise and Stibnite. Founded in 2009 and formerly known as Midas Gold Corp. until its rebranding in February 2021, Perpetua Resources continues to develop its mineral properties with a strong ESG commitment.
In recent developments, Perpetua Resources broke ground on early works construction for the Stibnite Gold Project in October 2025 following receipt of the necessary federal permits and the U.S. Forest Service's approval. The company completed a $71 million offering of common shares and a $7 million private placement earlier in 2025, following a prior $49 million equity option exercise. It also secured a preliminary project letter and indicative term sheet from the U.S. Export-Import Bank (EXIM) regarding a $2.0 billion debt financing application, with EXIM board consideration expected by spring 2026. Additionally, Perpetua Resources announced a strategic equity investment totaling $255 million from Agnico Eagle Mines Limited and JPMorganChase, supporting a joint technical and exploration advisory committee and enhancing its financial and operational capacity to develop the project. These initiatives mark a significant step in advancing the project from exploration and permitting into active development, with a focus on delivering economically and environmentally responsible mineral production.
Perpetua Resources operates primarily in the mining and critical minerals sector, targeting markets that require reliable domestic supplies of strategic minerals such as gold and antimony. Its operational focus is on the United States, with the Stibnite Gold Project situated over 100 miles northeast of Boise, Idaho. The company maintains a team of scientists, engineers, environmentalists, and community leaders dedicated to driving sustainable mining operations and transparent partnerships.
Overall, Perpetua Resources combines exploration, mining development, and environmental restoration to position itself as a leader in the U.S. critical minerals market, leveraging recent funding, strategic partnerships, and regulatory approvals to advance its flagship Stibnite Gold Project into a responsible and sustainable producer of gold and antimony.