Feds OK Construction of Idaho Mine Amid Legal Brawl
The U.S. Forest Service has conditionally approved the construction of an open-pit gold and antimony mine in idaho, a decision met with opposition from tribal members and environmental activists who contend the project’s environmental review is deficient.
Perpetua Resources‘ Stibnite Gold Project received the green light, fulfilling the terms of a record of decision issued in January, the company announced Friday. Construction is contingent upon Perpetua providing the necessary joint financial assurance bonding.
According to Jon Cherry, President and CEO of Perpetua Resources, the approval follows an “extensive permitting review” spanning eight years. He stated the Stibnite mine will be the first domestic source of antimony, a crucial component in munitions and advanced defense systems, while concurrently addressing existing pollution at the site.
“A united vision to produce critical resources urgently needed for national security and to restore an abandoned site, along with the feedback from our communities, have guided us to this monumental milestone,”
Jon Cherry, President and CEO of Perpetua resources