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US Justice Department Secures Motion to Allow Continued Construction of Idaho Gold Mine Critical to National Defense

From justice.gov

Last week, the U.S. District Court for the District of Idaho denied a motion for a preliminary injunction to halt construction of the Stibnite Gold Project. Among other things, the project will establish a domestic source of the mineral antimony, which has an essential use in a range of defense applications, including munitions and military-grade antimony trisulfide, lead-acid batteries, advanced sensor and radar materials, and flame retardants. Historically, the United States has been dependent on foreign sources of antimony. China is the largest historical supplier and has restricted exports to the United States. ... (full story)

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  • Category: Fundamental Analysis