Perpetua Resources Corp..
PPTA.US | Mining of iron ores
Perpetua Resources Corp. is a natural resource company focused on the exploration, development, and restoration of mineral resources in the United States. The company's primary focus is the Stibnite Gold Project, located in Idaho, which contains antimony and gold deposits. Perpetua Resources is invo...Show More
Better Health for All
0
No evidence available to assess Perpetua Resources Corp. on Better Health for All.
Fair Money & Economic Opportunity
0
No evidence available to assess Perpetua Resources Corp. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
10
Perpetua Resources reported 0% of its active workforce was covered by collective bargaining agreements from 2019 to 2024.
1
The company achieved a Total Recordable Incident Rate (TRIR) of 0 for MSHA all-incidence, fatality, and OSHA lost time rates from 2020 to 2024.
2
As of December 2024, the company had 109 months with zero lost time incidents and 154 months with zero reportable spills.
3
In 2023, Perpetua Resources settled a Clean Water Act lawsuit filed in 2019, agreeing to provide the Nez Perce Tribe $5 million over four years.
4
The company reported 0% of its workforce on contractor roles from 2019 to 2023.
5
Fair Trade & Ethical Sourcing
-10
Perpetua Resources reported zero substantiated forced- or child-labour findings in its 2023 Sustainability Report, covering the last three years.
1
The company states it will develop and implement a Supplier Code of Conduct, and aims to encourage local hiring and contracting within local communities.
2
Honest & Fair Business
0
No evidence available to assess Perpetua Resources Corp. on Honest & Fair Business.
Kind to Animals
-60
The company's Stibnite Gold Project is projected to have severe and permanent negative impacts on wildlife and habitats. It will adversely impact multiple species protected under the Endangered Species Act, including Chinook salmon, steelhead, bull trout, wolverine, and whitebark pine.
1
The project will directly eliminate and degrade critical fish and wildlife habitat, causing massive and permanent pollution. Specific impacts include the deforestation of 1,673 additional acres of public land, leading to a total of 3,266 acres of degraded forest, adverse impact on 111,000 linear feet of streams and 145 acres of wetlands, and the permanent filling of 423 acres of the Meadow Creek valley with 120 million tons of mine tailings waste.
2
The East Fork South Fork Salmon River will be rerouted into a 0.9-mile tunnel for 12 years.
3
Pristine bull trout habitat will be buried under 100 million tons of toxic mine tailings.
4
The project will also directly remove 2,342 acres of wolverine habitat and impact 259 acres of whitebark pine habitat, removing 1,278 individual trees.
5
Stream temperatures are expected to increase for up to 100 years.
6
While the company states plans for restoration, including opening 20 miles of fish habitat
7
and restoring 12 miles of waterways,
8
and has invested over $19 million since 2021 to improve water quality,
9
the scale of documented habitat destruction and adverse impacts on threatened species is substantial. Conservation groups have sued the U.S. Forest Service, Fish and Wildlife Service, and National Marine Fisheries Service, alleging violations of the Endangered Species Act due to the project's approval.
10
The company's public policy engagement primarily involves obtaining permits and responding to public comments, with 85% of 9,000 comments on its Draft EIS in 2020
11
and the vast majority of 19,000 comments on its Supplemental Draft EIS in 2022 expressing support.
12
However, conservation groups have actively litigated against the project and submitted 130 objections to the Forest Service's final decision,
13
indicating significant opposition to the project's environmental and animal welfare implications.
No War, No Weapons
-70
Perpetua Resources is actively engaged in the defense sector, having received over $80 million in funding from the US Department of Defense since 2022, including $22.4 million specifically for research on producing military-grade antimony trisulfide.
1
This antimony is designated for military munitions, mortars, artillery, mines, flares, grenades, and missiles.
2
While antimony is a dual-use technology, the company's R&D investment is entirely focused on military applications, with no evidence of civilian safeguards or applications. There is no indication of any investment in peace technology or disarmament initiatives.
Planet-Friendly Business
-60
Perpetua Resources Corp. reported total Scope 1 and 2 emissions of 608 metric tons of CO2e in 2024, a 65.2% decline from 1,751 metric tons in 2023.
1
The company has a goal to set science-based GHG emissions targets before operations begin, but no SBTi-validated targets currently exist.
2
In 2024, 0.3% of the company's total energy consumption was from renewable sources.
3
The company reported 0% of water withdrawn or consumed from areas of High or Extremely High Baseline Water Stress for years 2020-2024.
4
In 2024, 255 pounds of material and 2.7 tons of scrap metal were recycled.
5
The company has not implemented carbon offsets.
6
Perpetua Resources has had no reportable spills for 154 months as of December 2024, and zero incidents of non-compliance with water quality permits, standards, and regulations from 2020-2024.
7
The U.S. Forest Service completed a Final Environmental Impact Statement (FEIS) and Draft Record of Decision (ROD) in September 2024 for the Stibnite Gold Project.
8
The company has not stated a specific net-zero target year, though its energy supplier, Idaho Power, aims for 100% clean energy by 2045.
9
The company plans to plant approximately 3,600 trees annually during operations and has designed the Stibnite Gold Project to improve stream habitat and allow fish access to 20+ miles of additional stream habitat.
10
The company has not disclosed any formal just transition programs.
11
Respect for Cultures & Communities
-50
The Department of Defense approved a $24.8 million award to Perpetua Resources in 2022 without consulting the Nez Perce Tribe, which the tribe states violates an 1855 treaty.
1
This indicates a lack of participation by affected communities in Free, Prior, and Informed Consent (FPIC) processes.
Safe & Smart Tech
-30
The company states that 100% of employees participated in business integrity and compliance-related training and regularly provides cybersecurity training.
1
Sensitive information, such as credit card or social security numbers, is protected by encryption protocols, and encryption methods are used for sensitive data.
2
The company has experienced cybersecurity incidents but reports no material adverse impacts.
3
It uses access controls, security classifications, and logging to prevent unauthorized data use, and states no documented incidents of unauthorized data use.
4
Users can opt out of unsolicited information and request deletion of Personally Identifiable Information, but the privacy policy indicates that the company cannot guarantee against errors, tampering, and break-ins.
5
Multi-factor authentication is used for remote access, privileged accounts, and critical systems, and password or biometric authentication is required for sensitive data.
6
Security systems and processes are audited regularly, and formalized routines for changes to IT infrastructure include testing.
7
The company collects basic user profile information and limits access to Personally Identifiable Information to a limited number of qualified employees, retaining records for at least seven years.
8
The company states it is in material compliance with governing mining, health, safety, and environmental regulations.
9
Zero Waste & Sustainable Products
-20
Perpetua Resources Corp.'s Monongahela facility achieved a waste diversion rate of 96.68% in 2020.
1
The company has implemented several waste reduction initiatives, including a 100% reduction in rag waste at Monongahela and diverting cardboard and shrink wrap from landfill at Wagoner.
2
The Monongahela facility received TRUE Gold Zero Waste recertification in October 2020.
3
With the Wagoner facility targeting certification by 2023, this indicates one out of at least two facilities is certified.
4
The company reported no specific waste disposal violations in its 2019 and 2020 reports.
5
Perpetua had a 97% waste diversion target set in 2019, which was achieved in 2020.
6
They have also implemented a Green Procurement Policy and strategies for environmentally preferred purchasing.
7