United States Antimony Announces Restart of Mining Operations on Stibnite Hill, Montana
Rhea-AI Summary
United States Antimony (NYSE:UAMY) has restarted mining operations at its Stibnite Hill property in Thompson Falls, Montana as of April 2, 2026. Field work resumed earlier than expected after milder winter conditions. The company previously moved more than 800 tons of antimony ore for processing.
Changes for 2026 mining include brush chipping for concurrent reclamation and new GPS base stations to improve mapping and vein delineation.
Positive
- Restarted operations at Stibnite Hill, Thompson Falls
- Moved more than 800 tons of antimony ore during prior season
- Earlier-than-expected restart due to milder winter conditions
- Concurrent reclamation using mulch from brush chipping
- New GPS base stations for more accurate vein mapping
Negative
- Operations previously ceased in November due to winter weather
Market Reaction – UAMY
Following this news, UAMY has gained 5.00%, reflecting a notable positive market reaction. Our momentum scanner has triggered 28 alerts so far, indicating elevated trading interest and price volatility. The stock is currently trading at $8.72. This price movement has added approximately $59M to the company's valuation.
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Key Figures
Market Reality Check
Peers on Argus
Momentum data flags a sector move: 3 peers in scanner, with 2 down and 1 up; separate sector peers show mixed moves from -6.33% to +2.02%, suggesting broader cross-currents rather than a purely stock-specific reaction.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Mar 19 | Full-year earnings | Positive | -10.4% | Reported strong 2025 revenue and profit growth with sizable cash and contracts. |
| Mar 16 | Earnings date set | Neutral | -6.2% | Announced timing and call details for fiscal 2025 results release. |
| Mar 11 | NYSE uplisting | Positive | -6.4% | Highlighted NYSE listing and role in defense applications in NYSE update. |
| Mar 11 | TV appearance | Positive | -6.4% | CEO to discuss $27M federal award and $4.6B Fostung revenue estimate on TV. |
| Mar 10 | Media appearance | Positive | -6.4% | FOX Business segment to cover $27M award and $4.6B tungsten revenue estimate. |
Recent news and earnings have repeatedly been followed by negative price reactions, even when operational or strategic updates appeared constructive.
Over the last month, UAMY reported strong fiscal 2025 growth with revenues up 163% to $39.26M, gross profit up 185% to $9.87M, and ended the year with $91.3M cash and investments, plus $354M of new antimony contracts and 2026 revenue guidance of $125M. Despite this, shares fell between ~6% and ~10% after each of five recent news events, showing a pattern of negative reactions to both financial results and visibility-raising media appearances. The current mining restart update follows this backdrop of post-news weakness.
Market Pulse Summary
The stock is up +5.0% following this news. A strong positive reaction aligns with a market rewarding tangible operational progress, such as restarting mining on Stibnite Hill and building out mapping and reclamation capabilities. However, past news has often seen shares fall despite seemingly constructive updates, as several recent announcements coincided with ~6–10% declines. Investors may weigh this pattern and recent insider-related filings when assessing how durable any move linked to this restart could be.
AI-generated analysis. Not financial advice.
"The Critical Minerals and ZEO Company"
~ Antimony, Cobalt, Tungsten, and Zeolite ~
DALLAS, TX / ACCESS Newswire / April 2, 2026 / United States Antimony Corporation ("USAC," "US Antimony," or the "Company"), (NYSE:UAMY)(NYSE Texas:UAMY), a leading producer and processor of antimony, zeolite, and other critical minerals, and the only fully integrated antimony company in the world outside of China and Russia, announced today that it has restarted mining operations at its property holdings located on Stibnite Hill, Thompson Falls, Montana. Previous activities ceased late last year in early November due to winter weather conditions. Due to milder weather conditions experienced this past winter, along with minimum snowfall in Montana, field operations were able to be recommenced earlier than anticipated.
Last year, USAC was successful, over a two-month period, in moving more than 800 tons of antimony ore down the mountain to its Radersburg Flotation Facility for processing. This antimony concentrate produced will then go to our operating smelter located in Thompson Falls to produce finished products for our existing customer base.
Changes in the mining program being implemented this year include (after cutting and removing the larger trees) the use of a chipper for the smaller brush and branches to produce a mulch that will be used in the concurrent reclamation program. This will aid in faster re-vegetation while providing better access to existing roads and trails where our 2026 mining activities are commencing. Additionally, we are having professional surveyors establish base stations on adjacent mountain tops where GPS transmitters will be set up in order that our field crews can use portable data collectors for more accurate mapping and recording of antimony vein intercepts, enabling the projection of antimony veins on strike and down dip. We will also use the data collected for the delineation of disturbed areas, providing parameters for our concurrent reclamation program.
About USAC:
United States Antimony Corporation and its subsidiaries in the U.S., Mexico, and Canada ("USAC," "U.S. Antimony," the "Company," "Our," "Us," or "We") sell antimony, zeolite, and precious metals primarily in the U.S., Mexico, and Canada. The Company mines, purchases, and processes ore primarily into antimony oxide, antimony metal, antimony trisulfide, and precious metals at its facilities located in Montana and Mexico. Antimony oxide is used to form a flame-retardant system for plastics, rubber, fiberglass, textile goods, paints, coatings, and paper, as a color fastener in paint, and as a phosphorescent agent in fluorescent light bulbs. Antimony metal is used in bearings, storage batteries, and ordnance. Antimony trisulfide is used as a primer in ammunition. The Company also recovers precious metals, primarily gold and silver, at its Montana facility from third party ore. At its Bear River Zeolite ("BRZ") facility located in Idaho, the Company mines and processes zeolite, a group of industrial minerals used in water filtration, sewage treatment, nuclear waste and other environmental cleanup, odor control, gas separation, animal nutrition, soil amendment and fertilizer, and other miscellaneous applications. Beginning in 2024 and continuing in 2025, the Company acquired mining claims, real properties (patented claims) and leases located in Alaska, Montana, and Ontario, Canada in an effort to reduce the cost of third-party antimony ore purchases and to expand its product offerings.
Learn more about United States Antimony Corporation at www.usantimony.com.
Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding the Company's future operations, production levels, financial performance, business strategy, market conditions, demand for antimony, zeolite, other critical minerals, and precious metals, expected costs, and other statements that are not historical facts. These statements are based on current expectations, estimates, forecasts, and projections about the industries in which the Company operates, as well as management's beliefs and assumptions. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," "may," "will," "should," "could," and variations of these words or similar expressions are intended to identify such forward-looking statements.
Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in such statements, including, but not limited to: fluctuations in the market prices and demand for antimony and zeolite; changes in domestic and global economic conditions; operational risks inherent in mining and mineral processing; geological or metallurgical conditions; availability and cost of energy, equipment, transportation, and labor; the Company's ability to maintain or obtain permits, licenses, and regulatory approvals; changes in environmental and mining laws or regulations; competitive factors; the impact of geopolitical developments; and the effects of weather, natural disasters, or health pandemics on operations and supply chains. Additional information regarding risk factors that could cause actual results to differ materially is included in the Company's filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.
The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.
Investor Relations Contact: | Media Relations Contact: |
Jonathan Miller, VP, Investor Relations | Anthony D. Andora |
4438 W. Lovers Lane, Unit 100 | Edge Consulting, Inc. |
Dallas, Texas 75209 | 1560 Market Street, Ste. 701 |
E-Mail: Jmiller@usantimony.com | Denver, Colorado 80202 |
Phone: 406-606-4117 | |
Phone: 720-317-8927 |
SOURCE: United States Antimony Corp.
View the original press release on ACCESS Newswire
FAQ
When did United States Antimony (UAMY) restart mining at Stibnite Hill?
How much antimony ore did UAMY move from Stibnite Hill last season?
What reclamation methods is UAMY using at Stibnite Hill for 2026 mining?
What mapping improvements is UAMY implementing at Stibnite Hill in 2026?
Will antimony concentrate from Stibnite Hill be processed locally by UAMY?