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Perpetua Resources advances Stibnite Gold Project with eased financing risk and strong economics.

Market News
02 Sep 2026
Seeking Alpha
View Source
Bullish
Perpetua Resources advances Stibnite Gold Project with eased financing risk and strong economics.

Perpetua Resources Corp. is progressing its Stibnite Gold Project in Idaho, moving beyond planning into visible construction. The company’s financing risk has lessened after EXIM approved a $2.9 billion facility, though final closure and conditions are pending. The project shows strong economics with a projected all-in sustaining cost of $833 per ounce and an after-tax net present value of $3.457 billion at a 5% discount. While legal and execution risks remain, improved permitting, financing, and the strategic importance of antimony enhance the investment appeal.

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Bitcoin DeFi liquidations repay debt but may leave bad debt and don't return native BTC immediately

Bitcoin DeFi liquidations repay debt but may leave bad debt and don't return native BTC immediately

When Bitcoin collateral is liquidated in DeFi lending, the protocol sells or transfers BTC-linked tokens like WBTC, tBTC, or sBTC to repay borrower debt. This process reduces both debt and collateral but may not fully cover the loan, potentially leav...

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Tether's USDT stablecoin nets $1.3B profit in Q2 2026, backed by $5.2B excess reserves mainly in U.S. Treasury bonds.

Tether's USDT stablecoin nets $1.3B profit in Q2 2026, backed by $5.2B excess reserves mainly in U.S. Treasury bonds.

Tether reported a net operating profit of $1.3 billion in Q2 2026, driven by its USDT stablecoin. The company holds $5.2 billion in excess reserves beyond what is needed to back USDT tokens, primarily invested in short-term U.S. Treasury bonds that g...

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US aims to be global crypto hub as Ripple CEO backs White House push amid pending legislation.

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Ripple CEO Brad Garlinghouse expressed optimism that the US can become the global center for cryptocurrency following a White House meeting with major crypto firms and regulators. The meeting, attended by leaders from Coinbase, Robinhood, Nasdaq, and...

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Dormant Bitcoin address from 2011 moves 40 BTC worth $3.1M amid New York lawsuit over abandoned wallets

Dormant Bitcoin address from 2011 moves 40 BTC worth $3.1M amid New York lawsuit over abandoned wallets

A Bitcoin address inactive since 2011 transferred 40 BTC valued at about $3.1 million, linked to a New York lawsuit claiming ownership of 39,069 allegedly abandoned wallets. The move proves control of the private key but does not confirm legal owners...

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Fiinu shares jump 6% as its Plugin Overdraft platform goes live with Conister Bank partnership

Fiinu shares jump 6% as its Plugin Overdraft platform goes live with Conister Bank partnership

Fiinu, a UK fintech company, saw its shares rise over 6% after its Plugin Overdraft platform entered production following a revised agreement with Conister Bank. The updated deal sets a new timeline and commercial framework for launching a proof-of-c...

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