Investment
Features
FeesSafety
Academy
More
Pluang+

Perpetua Resources secures $2.9B loan, advances Stibnite Gold Project with strong cash and exploration progress

Company Fundamentals
17 Aug 2026
PRNewsWire
View Source
Bullish
pluang ai news

Perpetua Resources announced a $2.9 billion senior secured loan approval from the U.S. EXIM board to fund its Stibnite Gold Project, aiming to develop a major gold and antimony mine in Idaho. The company reported a Q2 2026 net loss of $97.5 million due to increased exploration and pre-development spending but ended the quarter with $574.2 million in cash. Key project milestones include infrastructure upgrades, housing construction, and promising exploration results, supporting a final investment decision expected in the second half of 2026. Legal challenges to permits have been denied, and the company is advancing tungsten exploration and price risk management strategies.

More News

Vision Marine secures US patent for electric vessel powertrain authentication system enhancing security and integration.

Vision Marine secures US patent for electric vessel powertrain authentication system enhancing security and integration.

Vision Marine Technologies has been granted a U.S. patent for its system that monitors and authenticates components within electric vessel powertrains. This patent protects the technology that ensures only genuine components operate together, with au...

Company Fundamentals
Bullish
4 hours ago
Vicor sees strong growth as AI boosts demand for advanced energy solutions, with Q2 revenue hitting $143.4M.

Vicor sees strong growth as AI boosts demand for advanced energy solutions, with Q2 revenue hitting $143.4M.

Vicor Corporation is positioned for significant growth driven by rising demand for high-power-density energy conversion solutions in AI infrastructure. Its advanced technologies, including Vertical Power Delivery and Factorized Power Architecture, ca...

Analyst Insights
Bullish
4 hours ago
BitMart CEO denies withdrawal freeze rumors amid user and staff payment complaints

BitMart CEO denies withdrawal freeze rumors amid user and staff payment complaints

BitMart CEO Sheldon Lee dismissed rumors about frozen withdrawals as fabricated, despite users reporting blocked access and unpaid staff salaries. Users demand transparent proof of reserves and a repayment plan by August 19, but Lee responded with le...

Market News
Bearish
4 hours ago
Alcon's Q2 core profit rises 17%, boosts 2026 profit forecast, stock rated buy.

Alcon's Q2 core profit rises 17%, boosts 2026 profit forecast, stock rated buy.

Alcon reported a 17% increase in core operating profit for Q2 2026, excluding a one-time $402 million non-cash charge. Revenue, adjusted for currency effects, rose 7% in the quarter. The company raised its full-year 2026 profit forecast for the secon...

Company Fundamentals
Bullish
4 hours ago
Curve founder criticizes Solana's Pump.fun as scammy and Phantom wallet's hardware integration as poor.

Curve founder criticizes Solana's Pump.fun as scammy and Phantom wallet's hardware integration as poor.

Michael Egorov, founder of Curve Finance, harshly criticized Solana's Pump.fun platform, calling it a "casino of scams" due to its memecoin culture. He also pointed out that Phantom wallet's hardware wallet integration is inferior to Ethereum's Metam...

Market News
Bearish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App