This story was updated 2:23 p.m. EDT.
A proposed gold and antimony mine in Idaho could receive a loan of up to $1.8 billion from the Export-Import Bank of the United States, a major boon for the project that has drawn funding from the Department of Defense.
Perpetua Resources announced Monday that its Idaho subsidiary is under consideration for a 15-year financing plan to develop its Stibnite Gold project.
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The planned mine in Idaho’s Salmon River Mountains would produce both gold and antimony, a key component for munitions.
