China’s Antimony Restrictions Exposed a U.S. Defense Weakness — NevGold May Be One of the Only Near Term Domestic Solutions
NevGold Corp. has achieved significant operational and financing milestones, including high-grade antimony intercepts and metallurgical testwork, positioning it as a strategic player in the U.S. antimony supply chain. The company closed a C$42.2 million upsized brokered placement with no warrants, a rarity in the junior mining space, indicating strong institutional demand.
Key figures
- Deal Value Usd
- 33000000
- Offering Price
- 1.9
- Shares Offered
- 22223946
- Gold recovery
- up to 99%
- Antimony demand
- 30,000–40,000 tonnes per year
- Antimony intercept
- 1.11% over 6.1 meters
- Antimony extraction
- 54%–92%
- Domestic antimony production
- under 1,000 tonnes per year
AI analysis
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