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Antimony Mining News

6 articles about antimony mining

Red Mountain to restart US antimony exploration activities

Red Mountain Mining is relaunching antimony exploration across its US projects, including Thompson Falls in Montana-Idaho and Yellow Pine and Silver Dollar in Idaho, capitalizing on favorable weather conditions. This strategic move aims to define significant antimony resources, with initial rock chip analysis from Thompson Falls showing up to 36.5% antimony, and is supported by new advisory appointments and expedited environmental approvals. The initiative aligns with US government efforts to secure domestic critical mineral supplies, particularly antimony, reducing reliance on foreign sources.

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Mining operations resume at USAC’s Stibnite Hill property

The United States Antimony Corporation (USAC) has recommenced mining activities at its Stibnite Hill property in Thompson Falls, Montana, significantly ahead of schedule due to unexpectedly mild winter conditions. This early restart, coupled with strategic operational enhancements and substantial government contracts totaling up to $272 million, underscores the growing national importance of domestic antimony production for critical mineral supply chain resilience and national defense.

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United States Antimony restarts mining in Montana

United States Antimony Corp. (UAMY) has officially resumed mining operations at its Stibnite Hill property in Montana, marking a significant step towards establishing the first fully integrated antimony supply chain outside of China and Russia. This restart, following a near five-month weather-related halt, is crucial for bolstering the United States' domestic supply of this critical mineral, vital for numerous defense and industrial applications. The company plans to process ore into concentrates at its Radersburg facility before smelting it into finished products at its Thompson Falls smelter, the only operational antimony smelter in the United States.

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Felix Gold exercises option for Treasure Creek Project in Alaska

Felix Gold has successfully exercised its option to acquire full ownership of key assets within the Treasure Creek Project in Alaska's historic Fairbanks Mining District. This acquisition consolidates Felix Gold's position as the largest landholder in the region, securing long-term tenure for an emerging antimony deposit, verified to exceed US Military concentrate specifications, and a significant JORC inferred gold resource of 467,000 ounces. The strategic move, involving a final payment of $1.4 million, underscores the company's commitment to advancing a critical minerals project with proven processing pathways and a streamlined permitting outlook.

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Energy Department Announces Partnership to Ensure Affordable Energy and Power America’s AI Future

The U.S. Departments of Energy and Commerce, in partnership with SoftBank’s SB Energy and AEP Ohio, have announced a transformative $37.5 billion public-private initiative to redevelop federal land in Southern Ohio. This ambitious project aims to construct 10 gigawatts of new power generation, primarily natural gas, to fuel a colossal 10-gigawatt data center facility, significantly advancing America’s artificial intelligence capabilities and modernizing regional energy infrastructure. The initiative is poised to generate thousands of jobs, reduce electricity costs, and bolster national security, with substantial implications for the upstream natural gas sector and critical minerals supply chains.

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American Tungsten & Antimony finds high-grade antimony in Utah, US

American Tungsten & Antimony has announced significant high-grade antimony findings from initial drilling at its Little Emma Prospect within the Antimony Canyon Project in Utah, marking a pivotal step toward re-establishing a domestic supply of this critical mineral. The discovery of shallow, high-grade stibnite mineralization, with intercepts reaching up to 66.47% antimony, validates the company's geological model and underscores the project's potential for a district-scale resource integral to U.S. national security and industrial supply chains. This development is crucial as the United States currently relies heavily on foreign sources, particularly China, for its antimony needs.

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