Recent Updates — UAMY
United States Antimony Corporation announced the completion of a new Technical Report Summary for its 100% owned Nolan Creek Property in northern Alaska. The report defines Measured and Indicated lode antimony-gold resources with an estimated insitu value exceeding $314 million, and Inferred resources valued at over $125 million, based on $8.30/lb antimony and $4,000/oz gold prices. Mining operations commenced earlier this month with a third-party contractor excavating approximately 1,000 tons of ore for a bulk sample to be processed at the company's Radersburg, Montana mill in late 2026 or early 2027. The company operates as a critical minerals producer focused on antimony and zeolite.
United States Antimony Corporation entered into an employment agreement with Gary C. Evans to continue as Chief Executive Officer, effective August 1, 2026. The three-year contract establishes a $430,000 annual base salary and includes performance-based bonus opportunities. Severance provisions specify two times base salary and target bonus upon termination following a change in control, or 1.5 times such amounts for other qualifying terminations. The company operates in the mining industry, specifically producing antimony.
United States Antimony Corporation appointed Shawn P. Winkler as Senior Vice President and Chief Financial Officer effective September 30, 2026, transitioning him from his interim role. Richard R. Isaak ceased serving as CFO on the same date and was terminated without cause, unrelated to financial or operating results. Mr. Winkler previously served as CFO of Burrow Global and spent 15 years as an investment banker at BMO Capital Markets and Deutsche Bank Securities. The company operates in the mining industry, specifically focusing on antimony production.
On August 19, 2026, United States Antimony Corporation announced that its Board of Directors authorized a share repurchase program allowing the company to buy back up to $100 million of its common stock. The program permits open-market purchases, privately negotiated transactions, block trades, and Rule 10b5-1 plans, with timing and amounts determined by the Finance Committee based on market conditions. The authorization carries no fixed expiration date, does not obligate the company to purchase any specific amount, and may be suspended or discontinued at any time. United States Antimony Corporation operates in the mining industry, specifically as a producer and processor of antimony, zeolite, gold, and other critical minerals.
United States Antimony Corporation reported second quarter 2026 results with revenue declining approximately 25% year-over-year to $7.9 million due to a 52% drop in realized antimony prices, despite a 26% increase in pounds sold. Operating loss was approximately $7 million, primarily driven by higher non-cash share-based compensation and expanded operational infrastructure, though reported net income remained positive at about $0.1 million thanks to a $6.8 million unrealized gain from its Larvotto Resources investment. The company holds $41.4 million in cash and $20.7 million in U.S. Treasuries, totaling $62.2 million in liquidity. Management lowered full-year revenue guidance to $60–$75 million citing lower antimony prices, while highlighting progress on its Defense Logistics Agency contract and domestic mining expansions in Montana and Alaska. United States Antimony Corporation operates in the critical minerals sector, focusing on the extraction, processing, and supply of antimony for defense and industrial applications.