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Vice President JD Vance stopped short of confirming a 2028 White House run during an appearance on My View with Lara Trump Saturday night, but he acknowledged the possibility—noting if he does his job well, ‘the politics will figure itself out.’

Vance, whose resilience amid an upbringing marked with family turmoil and economic hardship won over the nation, said he ‘doesn’t like thinking about’ a potential presidential bid and insisted his attention remains on his current role.

‘If we do a good job in 2025 and 2026, then we can talk about the politics in 2027,’ Vance said. ‘I really think the American people are so fed up with folks who are already running for the next job, seven months into the current one.’

The second-in-command added if he ends up running, he knows he will have to work for it.

‘There are a lot of great people,’ Vance said. ‘If I do end up running, it’s not going to be given to me—either on the Republican side or on the national side. I’m just going to keep on working hard. … [This] may be the most important job I ever had, outside of being a father to those three beautiful kids. So I’m going to try to do my best job, and I think if I do that, the politics will figure itself out.’

When asked specifically about potential 2028 Democratic candidates, he noted most of them ‘obviously have very bad records.’

Vance mainly focused on discussing his own ticket, praising President Donald Trump’s relentless work ethic and trusting leadership style and explaining the president ‘doesn’t have an off switch.’

‘Sometimes, the president will call you at 12:30 or 2 a.m., and then call you at 6 a.m. about a totally different topic,’ Vance said. ‘It’s like, ‘Mr. president, did you go to sleep last night.’ … What’s made this so much fun is the president, all the time, just saying, ‘JD you go and do this,’ or ‘JD you go and talk to these leaders about this particular issue.’ That ability to delegate and trust his people has been really amazing.’

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The deadly U.S. strike in the Caribbean this week is being cast by experts as the latest move in a broader campaign to dismantle Iran and Hezbollah’s growing narco empire in Venezuela.

U.S. officials say Tren de Aragua works closely with the Cartel of the Suns — a network of Venezuelan military elites long accused of moving cocaine in collaboration with Hezbollah.

White House spokesperson Anna Kelly told Fox News Digital that ‘President Trump has taken numerous actions to curtail Iran’s terrorist proxies like Hezbollah, such as sanctioning senior officials and financial facilitators. The President has proven that he will hold any terrorist group accountable that threatens the national security of our country by smuggling narcotics intended to kill Americans.’

Brian Townsend, a retired DEA special agent, told Fox News Digital, ‘This was a decisive blow against narco-terrorists,’ and said Hezbollah’s role is rarely visible but essential, ‘They don’t get their hands dirty. Instead, they launder and provide networks to help cartels send money through the Middle East. Simply, they take a cut from the drug trade, which then funds their operations in the Middle East.’

Townsend added that Hezbollah has become ‘a main finance and money launderer for narco-terrorism groups like Tren de Aragua,’ ensuring that when cocaine moves, Hezbollah-linked facilitators are often processing at least part of the proceeds.

Dani Citrinowicz, a senior fellow at Israel’s Institute for National Security Studies, said Hezbollah’s reach depends heavily on the region’s Lebanese diaspora. ‘Most of the Shia diaspora, at least in Central and South America, is Lebanese,’ he told Fox News Digital. ‘Hezbollah is the connector between the diaspora and Iran.’

Citrinowicz said the group uses family ties, language and community institutions to cement its influence across Latin America. ‘They appoint imams, fund religious centers and control educational programs … through these networks, Hezbollah can interact with local cartels, sell drugs, and channel the profits back to Lebanon through elaborate schemes.’

He said this role as a connector makes Hezbollah indispensable to Iran’s strategy in the Western Hemisphere. ‘The connection starts and ends with enmity towards the West in general, specifically to the United States,’ he said. ‘As long as Maduro is there, the Iranians will be there. But if Maduro goes, Iran will lose the most important stronghold of its activity in Latin America.’

Townsend stated the partnership works for both sides. ‘Iran’s partnership with Maduro enables Hezbollah to operate in Venezuela. Iran gets to safely operate, through Hezbollah, in the West without prosecution, and Maduro and his officials get paid well. Ultimately, Iran uses and exploits Maduro. Maduro doesn’t care — he and his friends benefit financially.’

Both experts pointed to state complicity as the key enabler. ‘Under Maduro and Chávez, Venezuela has become a major transshipment hub for Colombian cocaine,’ Townsend said. ‘There have been several indictments in the U.S. and Treasury OFAC designations that tie senior government officials directly to the use of state infrastructure — ports, air bases, even military convoys — to move massive shipments of cocaine. Cartel of the Suns, high-ranking military officers, run and protects these shipments. Who launders all of this drug money? Hezbollah.’

Citrinowicz emphasized Iran’s investment in Venezuelan power structures. ‘The enhancement is illustrated by several aspects: first and foremost, the military cooperation, especially Iranian factories building UAVs for the Venezuelan army, and constant Quds Force flights from Iran through Africa toward Venezuela,’ he said. ‘Iran is also teaching Venezuela how to bypass sanctions and has invested billions into the economy.’

Experts say Washington’s best leverage lies in choking the finances. ‘We need to aggressively target and choke these financial networks,’ Townsend said. ‘The priority is to attack the financial and logistical networks, indict everyone we can and pressure Maduro. If we can cut off the financial arteries, the cocaine won’t be as profitable.’

Citrinowicz agreed that the strike fits into a broader effort. ‘By weakening Maduro, the U.S. weakens the Iranian presence in Latin America and weakens Iran’s ability to threaten U.S. soil,’ he said. ‘The best way to weaken Venezuela is also to aim against the Iranian presence over there.’

For Washington, experts say Hezbollah’s narcotics empire in Venezuela is no longer just a regional problem. It is increasingly being treated as a direct threat to America’s security at home.

 

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Senate Republicans are getting closer to changing the upper chamber’s rules to allow for a slew of President Donald Trump’s lower-level nominees to be confirmed, and they’re closing in on a revived proposal from Democrats to do it.

The hope among Republicans is that using a tool that Senate Democrats once considered would allow them to avoid turning to the ‘nuclear option,’ meaning a rule change with a simple majority vote.

‘The Democrats should support it, because it was their original proposal that we’re continuing on,’ Senate Majority Whip John Barrasso, R-Wyo., told Fox News Digital. ‘And I wouldn’t be surprised if they won’t. This historic obstruction by the Democrats is all playing to their far-left liberal base, who hate President Trump.’

Republicans met throughout the week behind closed doors to discuss their options and have begun to coalesce around a proposal that would allow them to take one vote to confirm a group of nominees, also known as ‘en bloc,’ for sub-Cabinet level positions.

So far, the only nominee to make it through the Senate with ease was Secretary of State Marco Rubio in January. Since then, various positions throughout the bureaucracy have stacked up and have not received a voice vote or gone through unanimous consent — two commonly-used fast-track procedures for lower-level positions in the administration.

Senate Majority Leader John Thune, R-S.D., said that before Senate Minority Leader Chuck Schumer, D-N.Y., was in charge of the Democrats, ‘this was always done in a way where, if you had some of the lower-level nominees in the administration, those were all voted en bloc, they were packaged, they were grouped, they were stacked.’

‘This is the first president in history who, at this point in his presidency, hasn’t had at least one nominee clear by unanimous consent or voice vote,’ he said. ‘It is unprecedented what they’re doing. It’s got to be stopped.’

And the number of nominees on the Senate’s calendar continues to grow, reaching 149 picks awaiting confirmation this week. The goal would be to make that rule change before lawmakers leave town for a week starting Sept. 22.

The idea comes from legislation proposed in 2023 by Sens. Amy Klobuchar, D-Minn., Angus King, I-Maine, and former Sen. Ben Cardin, D-Md. Republicans are eyeing their own spin on it, such as possibly not limiting the number of en bloc nominees in a group or excluding judicial nominees.

Republicans would prefer to avoid going nuclear — the last time the nuclear option was used was in 2019, when then-Senate Majority Leader Mitch McConnell, R-Ky., lowered debate time on nominees to two hours — but they are willing to do so, given that Democrats haven’t budged on their blockade.

They may only be making a public display of resistance, however.

‘Democrats privately support what Republicans are talking about,’ a senior GOP aide familiar with negotiations told Fox News Digital. ‘They’re just too afraid to admit it.’

Sen. James Lankford, who worked with Thune and Barrasso over the recess to build a consensus on a rule change proposal, told Fox News Digital that his Democratic colleagues acknowledged that they’ve ‘created a precedent that is not sustainable.’

‘But then they’ll say, ‘but my progressive base is screaming at me to fight however I want to. I know I’m damaging the Senate, but I got to show that I’m fighting,’’ the Oklahoma Republican said.

‘We feel stuck, I mean, literally,’ Lankford continued. ‘Some of my colleagues have said, ‘We’re not the ones going nuclear. They’re the ones that are going nuclear.’’

Klobuchar told Fox News Digital that she appreciated the prior work she’s done with Lankford on ‘ways to make the Senate better’ but wasn’t ready to get behind the GOP’s version of her legislation.

‘When I proposed that, it was meant to pass as legislation, which means you would have needed bipartisan votes, and the reason that’s not happening right now is because the president keeps flaunting the law,’ she said.

Not every Senate Democrat is on board with the wholesale blockade, however.

Sen. John Fetterman, D-Pa., told Fox News Digital that lawmakers should all behave in a way in which administrations, either Republican or Democratic, get ‘those basic kinds of considerations’ for nominees.

‘That’s not the resistance,’ he said. ‘I just think that’s kind of unhelpful to just move forward. I mean, you can oppose people like the big ones, whether it’s [Health and Human Services Secretary Robert F.] Kennedy or others.’

Fox News Digital reached out to Schumer’s office for comment but did not immediately hear back. 

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Following unrelenting criticism from the United Nations, the U.S.-backed Gaza Humanitarian Foundation (GHF) is once again being targeted by NGOs, even as it delivered its 155 millionth meal to Gazans on Saturday.

Doctors Without Borders, known by its French acronym MSF has launched ads criticizing GHFMeta’s Ad Library shows that in August it ran several Facebook ads targeting the foundation. One ad read ‘This is not aid. This is orchestrated killing.’ Another said, ‘In MSF’s 54 years, rarely have we seen such levels of systemized violence.’

Both allegations are taken from an Aug. 6 article on MSF’s website in which General Director Raquel Ayora describes accounts received from patients reportedly injured around GHF sites. Ayora says aid seekers claimed to have witnessed ‘children shot in the chest while reaching for food. People crushed or suffocated in stampedes. Entire crowds gunned down at distribution points.’ 

GHF spokesperson Chapin Fay called MSF’s accusations, ‘false and disgraceful,’ saying that it is ‘amplifying a disinformation campaign orchestrated by the Hamas-linked Gaza Health Ministry. They know better. By repeating these lies, they’re not aiding civilians, they’re aiding Hamas.’

‘No civilians have ever been shot at any of our distribution sites,’ Fay told Fox News Digital.

Fay said that ‘Nearly every day, Nasser Hospital issues false reports to the media of civilians killed near our sites, based solely on testimony from others. Not a single MSF doctor has ever witnessed an incident near our sites. Any conflict between Israel and Hamas, sometimes several kilometers away, the Gaza Health Ministry falsely links to GHF.’

In response to questions about whether MSF employees have witnessed injuries or deaths at GHF sites firsthand, a spokesperson told Fox News Digital that, ‘MSF has documented the impacts of violence and chaos at GHF sites in Gaza, based on firsthand accounts of our personnel and patients at two clinical sites, as well as a body of medical data.’

MSF declined to respond to questions about how much money it has spent on ads targeting GHF, or whether it has advocated for medical care for Israeli hostages taken by Hamas. 

The MSF spokesperson added, ‘For the past 22 months, humanitarian organizations working in Gaza and the West Bank have consistently faced baseless and inaccuratesmear campaigns.’

Though there is growing outcry about purported violence near GHF sites, reporting from the United Nations indicates that there were twice as many deaths surrounding humanitarian aid convoys (576) as there were deaths around GHF sites (259) between July 21 and Aug. 18. 

A U.N. Office for the Coordination of Humanitarian Affairs update from August states there were 1,889 deaths near aid sites between May 27 and Aug. 18, 1,025 ‘near militarized distribution sites’ and 864 ‘along convoy supply routes.’ As of July 21, U.N. News reported there were 1,054 deaths at food distribution sites, with 766 near GHF sites, and 288 near U.N. and humanitarian aid convoys.

The U.N. Human Rights Office did not respond to a request for confirmation of these figures by press time. 

Amid tensions between GHF and humanitarian aid organizations, Fay said that GHF nonetheless provided support to MSF in early August after it requested help to ‘safeguard their medical aid from the elements.’ A GHF post on X from Aug. 7. showed what it said were pallets of MSF aid in GHF care. MSF did not respond to Fox News Digital’s request to confirm that they asked GHF for assistance with their supplies. 

When GHF staff were brought to Nasser Hospital after a Hamas attack in June that killed eight, they did not receive care from MSF staff, according to Fay.

A GHF employee’s written statement provided to Fox News Digital describes how wounded workers were taken to Nasser Hospital, where doctors refused to treat them. The witness said survivors were placed in a courtyard, where hospital staff incited others to beat them. One GHF employee was reportedly stabbed.

‘Three more GHF staff died due to their lack of treatment by Nasser Hospital. MSF doctors work there, yet claim they weren’t aware of the situation,’ Fay said.

In an Aug. 25 report following the Israeli bombing of Nasser Hospital, MSF said that it ‘has been operational in Nasser since before the conflict escalated in October 2023, providing trauma and burn care, physiotherapy, neonatal and pediatric services, and treatment for malnourished children, among other critical services.’

The Foundation for Defense of Democracies has reported multiple times since October 2023 that Hamas fighters have been operating out of Nasser Hospital. On Aug. 26, FDD senior research analyst Joe Truzman shared photos on X of two Hamas summonses that reportedly ordered individuals to come to Nasser Hospital for questioning.

MSF did not respond to questions about GHF employees failing to receive care or whether its staff at Nasser Hospital were aware of Hamas’ operations at the site.

In an online statement about the incident, MSF said it ‘has seen no credible evidence that healthcare was refused by Ministry of Health or other medical staff.’ The group also said ‘MSF staff have not been present in the emergency department of Nasser Hospital since 2024.’
 

On Saturday, the Gaza Humanitarian Foundation announced a new initiative to provide medical care to Gazans through a program with Samaritan’s Purse.

In a statement on X, the Gaza Humanitarian Foundation said that in addition to treating wounds, injuries and infections, it was also helping pregnant women.

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Residents in five Western Québec municipalities of have overwhelmingly rejected a proposed open-pit graphite mine, with 95 percent voting against the La Loutre project in a referendum.

Nearly 3,000 ballots were cast on Sunday (August 31) across Duhamel, Lac-des-Plages, Lac-Simon, Chénéville and Saint-Émile-de-Suffolk. Of those, 2,754 citizens voted against the asset, while only 115 were in favor.

The organizers say the result leaves no room for ambiguity about local opposition.

Located near Lac Bélanger, roughly 80 kilometers northeast of Gatineau, La Loutre is owned by Lomiko Metals (TSXV:LMR,OTCQB:LMRMF), which says it is a potential source of graphite for electric vehicle batteries.

China is the world’s largest producer of graphite by far, and countries around the world are looking to lock down supply of the material. In 2024, Lomiko received a US$8.35 million grant from the US Department of Defense, as well as C$4.9 million from Natural Resources Canada, as the countries looked to strengthen North America’s supply chain.

But for many locals, the referendum on La Loutre was not about global supply chains, but about protecting the lakes, forests and tourism-driven economy that sustain the Petite-Nation region.

Duhamel Mayor David Pharand, long opposed to the mine, said the scale of the rejection will shape what comes next.

“I can assure the population that the percentage of the results of this referendum will have a major impact on the decision of the government and the action that will be taken,” Pharand told CBC. “We will work based on those numbers with our political, federal, and provincial members of parliament to see that this project is not funded.”

Provincial officials struck a similar tone. Papineau MRC prefect Paul-André David said in a statement that the results reflect widespread environmental concerns and will guide the region’s stance in discussions with Québec City:

“The MRC will have to take the necessary measures to protect the interests of the community, by demanding that governments ensure that the sustainable management of water, air and landscapes is at the heart of discussions.’

Mathieu Lacombe, the Coalition Avenir Québec member of Québec’s National Assembly for Papineau, called the outcome “unequivocal” and pledged in a Facebook post to “ensure that the will of citizens is respected.”

Premier François Legault has repeatedly said in recent years that “if there is no social acceptability, there will be no mining activity,” a promise the Coalition du NON is now urging him to uphold.

Coalition presses for government action

The referendum was organized with support from the Alliance des municipalités Petite-Nation Nord and spearheaded by local business and land-use groups under the banner of the Coalition du NON.

The coalition is demanding that both provincial and federal governments move quickly to halt the project and declare the territory incompatible with mining activity. Louis St-Hilaire, president of the Petite-Nation Lake Protection Group and co-spokesperson for the coalition, said the result represents a clear directive.

“Through this referendum, citizens have shown that mining is clearly not what they want for their region and that they will continue to oppose it. Mr. Legault, the public is now asking you, in the public interest, to revoke Lomiko Metals’ mining rights in this area,” St-Hilaire said.

Lomiko acknowledges challenge of social license

Lomiko received permits from the Québec government to begin a 250 metric ton bulk sample at La Loutre on July 1, also saying in the update that it was in a permitting phase to start geotechnical site investigations.

In a statement to CBC on Tuesday (September 2), the company acknowledged the referendum outcome, while stressing that “the many outstanding questions will become clearer as it carries out additional studies.”

Last year, Lomiko expressed disappointment after Québec’s government declined to fund the project, saying the province appeared to be drawing “pre-emptive conclusions” before technical assessments were completed.

Local leaders say the onus is now squarely on provincial and federal authorities to respect the verdict.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Statistics Canada released its August job numbers on Friday (September 5). The report indicated a loss of 66,000 jobs in the Canadian economy and an increase in the unemployment rate to 7.1 percent from the 6.9 percent recorded in July.

The losses were primarily felt in the professional, scientific and technical services sector with a decrease of 26,000 jobs, followed by losses of 23,000 jobs in the transportation and warehousing sector and 19,000 jobs in manufacturing.

One small caveat: of the 66,000 jobs lost, 60,000 were part-time workers, while full-time employment saw little change after shedding 51,000 positions the previous month.

South of the border, the US Bureau of Labor Statistics (BLS) also released its August jobs report on Friday. The report is the first jobs report since Donald Trump fired the head of the BLS after the release of July’s labor report showed weakness trickling into the economy.

The economy added an estimated 22,000 jobs during August, well below analysts’ expectations of 75,000 new jobs. The unemployment rate also ticked up to 4.3 percent from 4.2 percent in July.

The federal workforce saw the largest job decline, losing 15,000 jobs. The mining, quarrying and oil and gas extraction sector also saw its most significant change over the last 12 months, shedding 6,000 workers.

Additionally, the BLS revised June and July’s figures. While July’s numbers rose to 79,000 added jobs from the 73,000 first reported, the agency made a significant downward revision to June’s numbers, indicating the economy lost 13,000 jobs for the month instead of gaining 14,000.

Jobs data from the last few months will play an important role when the Federal Reserve next meets on September 16 and 17 to discuss changes to the Federal Funds Rate, which is currently set in the 4.25 to 4.5 percent range. Most analysts are predicting the Fed to make a 25 point cut to the benchmark rate, with some now eyeing a larger 50 point cut.

Markets and commodities react

Canadian equity markets were mostly positive during the shortened trading week. The S&P/TSX Composite Index (INDEXTSI:OSPTX) set another new record high on Friday, closing the week up 1.7 percent to 29,050.63. The S&P/TSX Venture Composite Index (INDEXTSI:JX) did even better, climbing 3.34 percent to finish Friday at 857.25. However, the CSE Composite Index (CSE:CSECOMP) went the opposite direction, falling 5.16 percent to end the week at 158.32.

US equity markets were volatile this week, falling sharply at the open of the trading week Tuesday (September 2) before moving back into positive territory. Although the S&P 500 (INDEXSP:INX) pulled back slightly on Friday’s weak jobs data, it ultimately ended the week up 0.33 percent at 6,481.51. The Dow Jones Industrial Average (INDEXDJX:.DJI) took a larger hit Friday, and closed down 0.32 percent on the week at 45,400.87. Of the three, the Nasdaq 100 (INDEXNASDAQ:NDX) was the week’s biggest winner, rising 1.01 percent to 23,652.44.

The gold price was in focus this week as it climbed to a new record high Wednesday (September 3) on expectations of a September rate cut by the Federal Reserve and news on August 29 that a Federal Appellate court had struck down the majority of Donald Trump’s reciprocal tariffs. Gold ended the week up 4.03 percent at US$3,586.27 per ounce after the lackluster jobs report pushed gold above Wednesday’s highs.

Silver had a similarly explosive week, climbing past US$40 for the first time since 2011 and moving as high as US$41.38 on Wednesday. The precious metal finished Friday with a 3.32 percent weekly gain at US$41.07 per ounce.

On the other hand, copper was off this week, shedding 0.87 percent to US$4.54 per pound. The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) posted a decrease of 1.17 percent by close on Friday, finishing at 543.28.

Top Canadian mining stocks this week

How did mining stocks perform against this backdrop?

Take a look at this week’s five best-performing Canadian mining stocks below.

Stocks data for this article was retrieved at 4:00 p.m. EDT on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market caps greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered.

1. Carlton Precious (TSXV:CPI)

Weekly gain: 77.78 percent
Market cap: C$17.74 million
Share price: C$0.24

Carlton Precious is a mineral exploration company focused on a portfolio of precious metals projects in the Americas and Australia.

Its flagship Esquilache silver project, located in Peru, consists of two mining concessions covering an area of 1,600 hectares. Unsubstantiated records from the property indicate historic mining produced 10 million ounces of silver between 1950 and 1962. Exposed structures on the property show mineralization of silver, lead, zinc, copper and gold.

On March 19, Carlton reported assay results from a 2024 surface channel sampling program, with grades peaking at 13.45 grams per metric ton (g/t) gold and 1,018 g/t silver.

The company’s most recent announcement came on July 14, when Carlton signed an agreement with the community of San Antonio de Esquilache for the project allowing for further exploration at the property. Carlton added that its staff has designed a program of up to 40 drill holes that it expects to commence in fall 2025.

In its September 2025 investor presentation, the company stated it is submitting its drill permit applications.

2. Quantum Critical Metals (TSXV:LEAP)

Weekly gain: 73.68 percent
Market cap: C$17.31 million
Share price: C$0.165

Formerly Durango Resources, Quantum Critical Metals is a polymetallic exploration company developing a portfolio of projects in Québec and British Columbia, Canada.

Its flagship NMX East critical metals project is in the Eeyou Istchee James Bay region of Québec and lies adjacent to Nemaska Lithium’s Whabouchi mine. According to the project page, the company has drilled four holes at the property, producing a highlighted assay of 107.68 meters from surface containing average grades of 38.85 g/t gallium, 701.03 g/t rubidium, 24.98 g/t cesium and 3.61 g/t thallium.

Quantum Critical Metals has also been working to advance its Victory antimony project in Haida Gwaii, British Columbia. The site was initially discovered in the 1980s and hosts mineralization of arsenic, antimony and mercury. On August 25, the company announced it submitted an application to expand the property to 1,444 hectares.

The company’s most recent news came on Thursday (September 4), when it identified mica as a key carrier of critical minerals at its NMX project. Quantum selected samples from the 107 meter interval mentioned above, and the samples with the highest mica content returning significantly higher grades of critical metals, including gallium, rubidium, lithium and niobium.

Quantum has now sent the samples for further testing. If the testing confirms the results, stated the discovery will allow for easier removal of these elements from the rock, as the company can first isolate the mica.

3. Electric Metals (TSXV:EML)

Weekly gain: 66.67 percent
Market cap: C$79.98 million
Share price: C$0.45

Electric Metals is a mineral development company focused on advancing its flagship North Star manganese project in Minnesota, US. According to the company, the asset is North America’s highest-grade manganese resource. It plans to produce high-purity manganese sulphate monohydrate for lithium-ion batteries.

On August 26, Electric Metals released its preliminary economic assessment (PEA) for North Star. The assessment demonstrated a base-case after-tax net present value of US$1.39 billion, with an internal rate of return of 43.5 percent and a payback period of 23 months.

The report also included an updated mineral resource estimate with an indicated resource of 7.6 million metric tons of ore grading 19.07 percent manganese, 22.33 percent iron and 30.94 percent silicon, and an inferred resource of 3.73 million metric tons of ore grading 17.04 percent manganese, 19.04 percent iron and 30.03 percent silicon.

Momentum from the PEA release landed Electric Metals on this list of top performers last week, and its shares climbed even higher this week after the company announced the results of its annual and special shareholder meeting.

Shareholders approved all resolutions, including two related to Electric Metals’ plan to redomicile its business in Delaware, US. The first is continuance from the Canada Business Corporations Act to the Business Corporations Act of British Columbia. Shareholders also voted to authorize a continuance of the company to the Delaware General Corporation Law, with the condition of a successful corporate move to BC.

Electric Metals CEO Brian Savage said the change is intended to align its corporate home with the company’s mission to build a fully domestic US supply of manganese.

4. Valhalla Metals (TSXV:VMXX)

Weekly gain: 66.67 percent
Market cap: C$11.53 million
Share price: C$0.15

Valhalla Metals is a polymetallic exploration company working to advance a pair of projects in Alaska’s Ambler Mining District. Its Sun project consists of 392 claims that cover an area of 25,382 hectares.

A May 2022 technical report states that the indicated mineral resource for the project is 1.71 million metric tons of ore containing 162.96 million pounds of zinc, 55.85 million pounds of copper, 42.04 million pounds of lead, 3.3 million ounces of silver and 12,000 ounces of gold.

It also reported an inferred resource of 9.02 million metric tons containing 831.33 million pounds of zinc, 239.64 million pounds of copper, 290.26 million pounds of lead, 23.68 million ounces of silver and 73,000 ounces of gold.

The project is largely dependent on the construction of the 211 mile Ambler Access Road, which Donald Trump approved in his first term as president. Joe Biden rescinded the federal permit in 2024 due to environmental concerns.

Shares in Valhalla gained momentum this week after Congress voted 215 to 210 on Wednesday to move ahead with the project. It’s expected that the Senate will follow suit when it votes on the resolution in the next few weeks.

5. Orosur Mining (TSXV:OMI)

Weekly gain: 65.31 percent
Market cap: C$108.97 million
Share price: C$0.405

Orosur Mining is an exploration company focused on the development of early to advanced-stage assets in South America.

Exploration has revealed multiple gold deposits at its flagship Anzá gold project in Colombia, which is located 50 kilometers west of Medellin and sits along Colombia’s primary gold belt.

Orosur acquired the project, previously a 49/51 joint venture between Newmont and Agnico Eagle, in November 2024.

Since that time, the company has been working to explore the property and has made several announcements regarding its exploration efforts. The most recent came on August 26, when it reported highlights from infill drilling being carried out at the property, including one hole with 6.13 g/t gold over 71.85 meters from near surface at the Pepas gold prospect.

Orosur also owns several early-stage projects, the El Pantano gold-silver project in Argentina, the Lithium West project in Nigeria and the Ariquemes project in Brazil, which is prospective for tin, niobium and rare earths.

On Monday (September 1), Orosur reported that in August, it had issued 3.28 million new common shares for a total consideration of US$174,711.67 following its exercise of the same number of warrants. It also stated that 31.51 million warrants remained outstanding.

FAQs for Canadian mining stocks

What is the difference between the TSX and TSXV?

The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

How many mining companies are listed on the TSX and TSXV?

As of May 2025, there were 1,565 companies listed on the TSXV, 910 of which were mining companies. Comparatively, the TSX was home to 1,899 companies, with 181 of those being mining companies.

Together, the TSX and TSXV host around 40 percent of the world’s public mining companies.

How much does it cost to list on the TSXV?

There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

How do you trade on the TSXV?

Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.

Article by Dean Belder; FAQs by Lauren Kelly.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Lauren Kelly, hold no direct investment interest in any company mentioned in this article.

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Lode Gold Resources Inc. (TSXV: LOD,OTC:LODFF) (OTCQB: LODFF) (‘Lode Gold’ or the ‘Company’) is pleased to announce that it has now closed its previously announced non-brokered private placement offering for $1.0 million (the ‘Offering’). In three tranches, the Company raised total gross proceeds of $1,513,768 through the issuance of 8,409,825 units of the Company (‘Unit’) at a price of $0.18 per Unit, (see related Company news first tranche, second tranche, and final tranche).

Each Unit consists of one common share of the Company (‘Common Share’) and one common share purchase warrant (‘Warrant’). Each Warrant shall entitle the holder to purchase one Common Share at an exercise price of $0.35 per share for a period of 36 months following the date of closing. The Company may accelerate the Warrant expiry date if the Company’s shares trade at $0.65 or more for a period of 10 days, including days where no trading occurs.

In conjunction with the private placement finder’s fees of $16,039 will be paid in cash and 89,100 Finders’ Warrants will be issued. Each Finders’ Warrant shall entitle the holder to purchase one Common Share of the Company at an exercise price of $0.35 per share for a period of 36 months following the date of closing.

Insiders of the Company subscribed to 1,022,111 Units of the private placement.

All securities issued pursuant to this private placement, including common shares underlying the Warrants, are subject to a statutory hold period which expires 4 months from the date of closing.

The completion of the private placement remains subject to the final acceptance of the TSX Venture Exchange.

The proceeds raised from the Offering will go toward execution of the business plans for Lode Gold and its subsidiary, Gold Orogen (1475039 B.C. Ltd.).

Management Changes
Winfield Ding has resigned as the CFO with immediate effect. The Company has initiated a search for a new CFO and has identified several potential candidates for the position. Wayne Moorhouse has agreed to act as the Company’s Acting CFO. Wayne has a wealth of senior company management experience including holding the position of CFO for Roxgold Inc. (TSXV), Midnight Sun Mining Corp. (TSXV), Genco Resources Inc. (TMX), Bluestar Gold (TSXV), and other private and public companies.

Construction Loan Extension
The Company has entered into an amending agreement with Romspen Investment Corporation (the ‘Lender’) to extend the maturity date of a construction loan agreement. The new maturity date of the loan is October 31, 2025. In consideration for extending the maturity date of the loan, the Company will pay the Lender $200,000 of interest owing consisting of $100,000 to be paid in cash and $100,000 to be paid in shares subject to final approval of the TSX Venture Exchange.

Legal Update
As part of the 2024 Restructuring and Growth Plans, a senior secured debt holder, aligned with the Company’s new strategic direction, converted to become one of the largest shareholders, exceeding 19.9%. The former CEO resigned, citing change of control as the reason and proceeded to make a severance compensation claim. The Company disagreed that compensation is due as this debt holder is an existing key shareholder and a Director of the Board. A claim was filed and the court ruled in favor of the claimant for a payment of $222,469. The outcome will have no material impact on the Company’s 2025 financial results as this amount had been accrued in the Company’s accounting records in a prior period.

About Lode Gold

Lode Gold (TSXV: LOD,OTC:LODFF) is an exploration and development company with projects in highly prospective and safe mining jurisdictions in Canada and the United States.

In Canada Lode Gold holds assets in the Yukon and New Brunswick. Lode Gold’s Yukon assets are located on the southern portion of the prolific Tombstone Belt and cover approximately 99.5 km2 across a 27 km strike. Over 4,500 m have been drilled on the Yukon assets with confirmed gold endowment and economic drill intercepts over 50 m. There are four reduced-intrusive targets (RIRGS), in addition to sedimentary-hosted orogenic exploration gold.

In New Brunswick, Lode Gold, through its subsidiary 1475039 B.C. Ltd., has created one of the largest land packages in the province with its Acadian Gold Joint Venture, consisting of an area that spans 445 km2 with a 44 km strike. It has confirmed gold endowment with mineralized rhyolites.

In the United States, the Company is focused on its advanced exploration and development asset, the Fremont Mine in Mariposa, California. It has a recent 2025 NI 43-101 report and compliant MRE that can be accessed here https://lode-gold.com/project/freemont-gold-usa/

Fremont was previously mined until gold mining prohibition in WWII, when its mining license was suspended. Only 8% of the resource identified in the 2025 MRE has been extracted. This asset has exploration upside and is open at depth (three step-out holes at 1,300 m hit structure and were mineralized) and on strike. This is a brownfield project with over 43,000 m drilled, 23 km of underground workings and 14 adits. The project has excellent infrastructure with close access to electricity, water, state highways, railhead and port.

The Company recently completed an internal scoping study evaluating the potential to resume operations at Fremont based on 100% underground mining. Previously, in March 2023, the Company completed a Preliminary Economic Assessment (‘PEA’) in accordance with NI 43-101 which evaluated a mix of open pit and underground mining. The PEA and other technical reports prepared on the Company’s properties are available on the Company’s profile on SEDAR+ (www.sedarplus.ca) and the Company’s website (www.lode-gold.com)

ON BEHALF OF THE COMPANY
Wendy T. Chan
CEO & Director

Information Contact:

Wendy T. Chan
CEO
info@lode-gold.com
+1-(604)-977-GOLD (4653)

Kevin Shum
Investor Relations
kevin@lode-gold.com
+1 (604) -977-GOLD (4653)

Cautionary Statement Regarding Forward-Looking Information

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release includes ‘forward-looking statements’ and ‘forward-looking information’ within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements with respect to the use of proceeds, advancement and completion of resource calculation, feasibility studies, and exploration plans and targets. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’, ‘potential’, ‘target’, ‘budget’ and ‘intend’ and statements that an event or result ‘may’, ‘will’, ‘should’, ‘could’ or ‘might’ occur or be achieved and other similar expressions and includes the negatives thereof.

Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which the Company operates, are inherently subject to significant operational, economic, and competitive uncertainties, risks and contingencies. These include assumptions regarding, among other things: the status of community relations and the security situation on site; general business and economic conditions; the availability of additional exploration and mineral project financing; the supply and demand for, inventories of, and the level and volatility of the prices of metals; relationships with strategic partners; the timing and receipt of governmental permits and approvals; the timing and receipt of community and landowner approvals; changes in regulations; political factors; the accuracy of the Company’s interpretation of drill results; the geology, grade and continuity of the Company’s mineral deposits; the availability of equipment, skilled labour and services needed for the exploration and development of mineral properties; currency fluctuations; and impact of the COVID-19 pandemic.

There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include a deterioration of security on site or actions by the local community that inhibits access and/or the ability to productively work on site, actual exploration results, interpretation of metallurgical characteristics of the mineralization, changes in project parameters as plans continue to be refined, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, delays or inability to receive required approvals, unknown impact related to potential business disruptions stemming from the COVID-19 outbreak, or another infectious illness, and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators, including those described under the heading ‘Risks and Uncertainties’ in the Company’s most recently filed MD&A. The Company does not undertake to update or revise any forward-looking statements, except in accordance with applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265413

News Provided by Newsfile via QuoteMedia

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It’s been a historic week for precious metals, with gold nearly hitting the US$3,600 per ounce mark, and silver passing US$41 per ounce for the first time since 2011.

The gold price spent the summer in a consolidation phase, and part of what’s spurring its latest move is expectations that the US Federal Reserve will lower interest rates at its next meeting.

The central bank has held rates steady since December 2024, even as President Donald Trump places increasing pressure on Fed Chair Jerome Powell to cut.

Powell’s August 22 speech in Jackson Hole, Wyoming, began stoking anticipation of a cut, and August US jobs data, released on Friday (September 5), has all but guaranteed it will happen.

Non-farm payrolls were up by 22,000, significantly lower than the 75,000 expected by economists. Meanwhile, the country’s unemployment rate came in at 4.3 percent.

CME Group’s (NASDAQ:CME) FedWatch tool now shows a 90.2 percent probability of a 25 basis point rate cut in September, with a 9.8 percent probability of a 50 basis point reduction.

Bond market turmoil also helped move the gold price this week.

Yields for 30 year US bonds rose to nearly 5 percent midway through the period, their highest level since mid-July, on the back of a variety of concerns, including tariffs, inflation and Fed independence.

Globally the situation was even more tumultuous, with 30 year UK bond yields reaching their highest point since 1998; meanwhile, 30 year bond yields for German, French and Dutch bonds rose to levels not seen since 2011. In Japan, 30 year bond yields hit a record high.

Tariff developments have also created uncertainty this past week.

After an appeals court upheld a ruling that many of Trump’s tariffs are illegal, the president’s administration asked the Supreme Court to fast track its review of the decision.

Going back to gold and silver, their recent price activity is certainly raising questions about what’s next. The broad consensus among the experts focused on the sector is positive, but the metals are beginning to get more mainstream attention too.

Notably, investment bank Goldman Sachs (NYSE:GS) now has a gold price prediction of US$4,000 by mid-2026, although the firm notes that the yellow metal could rise to nearly US$5,000 if just 1 percent of private investors shift from treasuries to gold.

‘If 1 per cent of the privately owned US Treasury market were to flow to gold, the gold price would rise to nearly $5,000 per troy ounce’ — Daan Struyven, Goldman Sachs

Bullet briefing — Hoffman on gold, Hathaway on silver

It’s been a short week, at least in North America, so instead of the usual news stories this bullet briefing will highlight a couple of my favorite recent interviews.

Nothing in gold’s path

First is Ken Hoffman of Red Cloud Securities. It was my first time speaking with Hoffman, and he made a compelling case for how gold could get to US$10,000.

Watch the full interview with Hoffman above.

Silver a ‘smouldering volcano’

Next is John Hathaway of Sprott. He shared what he thinks will be the trigger for gold’s next move higher — a major decline in equities — but he also discussed his bullish outlook on silver, which moved past US$40 not long after our interview.

Watch the full interview with Hathaway above.

We’re definitely entering uncharted territory right now, and I want to make sure I bring you commentary from the experts you want to hear from — drop a comment below to let me know who you’d like me to talk to, and also what questions you have.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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One of former President Joe Biden’s top spokespeople dismissed the fallout from the former president’s disastrous June 2024 debate performance during a closed-door interview with the House Oversight Committee that lasted over five hours.

Andrew Bates, who served as White House senior deputy press secretary and worked in Biden’s communications shop for nearly his entire term, said reactions to Biden’s debate against then-candidate Donald Trump were ‘overblown,’ according to a source familiar with his interview.

Bates ‘ultimately agreed with President Biden’s decision to drop out’ after viewing polling data the week Biden made his choice to drop his re-election bid, the source said.

A source close to Bates, however, said after he had time to process the then-president’s decision and a turn in public polling during the final week of Biden’s candidacy, he agreed Biden had made the right decision to withdraw.

He dismissed concerns about Biden’s age as a ‘polling problem,’ however, and wrote off Americans’ concerns about his age and abilities as the product of mainstream media and right-wing critics, according to the first source – similar to previous Biden allies in their closed-door interviews.

The former spokesman also described relatively infrequent interactions with Biden and allegedly said Biden only met with his press team a few times in a year.

‘He would see President Biden in person a little over once a month, but this could be anything from travel, going with him to the Hill or just seeing him in the hallway,’ the first source said.

But a former Biden White House staffer argued that the press secretary and the communications director were the default representatives of the press and communications team for daily meetings with the president.

Bates also allegedly told investigators he supported the sweeping, and controversial, pardon granted to Hunter Biden toward the end of the president’s term. 

The second source, however, said Bates told investigators that Biden conducted himself ‘honorably’ when asked whether any of his actions were done to benefit his son’s business dealings.

That pardon and the hundreds of other clemency orders signed by Biden are of particular interest to the House Oversight Committee.

Oversight Committee Republicans are investigating whether Biden’s top White House allies covered up signs of mental decline in the former president, and by extension, are looking into whether executive actions signed by autopen were executed with Biden’s full awareness and approval.

Biden himself told the New York Times recently that he made every clemency decision on his own.

His allies have also blasted the GOP-led probe as a partisan exercise.

During his opening statement, obtained by Fox News Digital, Bates defended Biden’s fitness for office while criticizing Trump’s own actions as president.

‘I was proud to support Joe Biden as President because we believe in the same values. In the White House, it was universally understood that Joe Biden was in charge. That is completely consistent with my personal experience with the President,’ Bates told House investigators, according to another source.

A House Oversight Committee spokesperson blasted Bates as ‘delusional’ and accused his opening statement of leaking to media before he read it in the room.

Fox News Digital reached out to Bates via his public relations firm Wolfpack Strategies, as well as his counsel, for further comment.

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President Donald Trump on Friday signed his 200th executive order which authorized the Department of Defense to revert its name back to the ‘Department of War.’

Speaking from the Oval Office, Trump said the new name ‘sends a message of victory, a message of strength’ to the world.

‘It has to do with winning,’ the president went on. ‘We should have won every war. We could have won every war. But we really chose to be very politically correct or woke.’

‘We won the First World War, we won the Second World War, we won everything before that and in between. And then we decided to go woke and we changed the name to the Department of Defense. So, we’re going Department of War,’ he added.

Trump said the name is ‘a much more appropriate name, especially in light of where the world is right now.’

‘We have the strongest military in the world. We have the greatest equipment in the world. We have the greatest men. New factories of equipment, by far. There’s nobody to even compete,’ he said.

Turning to Defense Secretary Pete Hegseth, Trump said while smiling, ‘I’d like to ask our, secretary of war, to say a few words.’

Hegseth thanked Trump for signing the order, saying, the name change restores the ‘warrior ethos’ to America’s military.

‘After winning a War for Independence in 1789, George Washington established the War Department and Henry Knox was his first secretary of war. And this country won every major war after that … 150 years after that, we changed the name after World War Two from the Department of War to the Department of Defense in 1947 and as you pointed out, Mr. President, we haven’t won a major war since,’ said Hegseth.

 ‘This name change is not just about renaming, it’s about restoring,’ said the secretary. ‘Words matter. It’s restoring, as you’ve gotten us to, Mr. President, restoring the warrior ethos, restoring victory and clarity as an end state, restoring intentionality to the use of force.’  

Hegseth pledged the War Department ‘is going to fight decisively, not endless conflicts. It’s going to fight to win, not to lose. We’re going to go on offense, not just on defense. Maximum lethality, not tepid legality. Violent effect, not politically correct,’ he said, adding, ‘We’re going to raise up warriors, not just defenders. So, this War Department, Mr. President, just like America is back.’

The executive order calls for using the Department of War as a secondary title for the Department of Defense, along with phrases like ‘secretary of war’ for Hegseth, according to a White House fact sheet previously shared with Fox News Digital. 

It’s unclear if Congress, which has the authority to establish federal executive departments, will need to step in to issue final approval on the move. However, Trump expressed confidence the name will stick, saying, ‘We’re going with it, and we’re going with it very strongly … but we’ll put it before Congress.’

Fox News Digital’s Diana Stancy and Emma Colton contributed to this report.

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