Washington — The federal government will acquire a 10% stake in a Canadian-based company that has mining claims in remote northwestern Alaska, Interior Secretary Doug Burgum and the White House announced Monday. Burgum told reporters at the signing that "the Department War, the United States government, is making an investment" in Trilogy Metals. In the three-month period ending Aug. 31, Trilogy reported a net loss of $1.7 million compared to a net loss of $1.6 million for the same three-month period ending Aug. 31, 2024, the company said on its website.
Author: Kathryn Watson, Eleanor Watson
Published at: 2025-10-06 22:28:11
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