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A Russian drone strike hit a bus carrying miners in Ukraine’s Dnipropetrovsk region on Sunday, killing at least 12 people.

Ukrainian emergency services later reported the death toll had risen to 15 in one of the deadliest single attacks on energy workers since the start of the war. 

The attack Sunday came a few hours after President Volodymyr Zelenskyy announced a new round of peace talks between Ukraine and Russia had been postponed.

A spokesperson for DTEK, Ukraine’s largest private energy firm, which employed the workers, told Fox News Digital that drones had targeted the bus as it traveled ‘roughly 40 miles from the front line in central and eastern Ukraine.’

The DTEK spokesperson also described the incident as a ‘terrorist attack on civilian infrastructure.’

‘This strike was a targeted terrorist attack against civilians and another crime by Russia against critical infrastructure,’ the spokesperson added.

The bus was transporting miners after the end of their shift when it was hit by a Russian drone, the State Emergency Service of Ukraine also confirmed.

At least seven workers were injured, and a fire sparked by the impact was later extinguished by emergency crews.

‘The epicenter of one of the attacks was a company bus transporting miners from the enterprise after a shift in the Dnipropetrovsk region,’ the company also said in a statement.

Zelenskyy condemned the strike late Sunday, calling it another deliberate attack on civilians.

Earlier in the day, he announced that the next round of trilateral talks involving Ukraine, Russia and the U.S. would now take place Feb. 4-5 in Abu Dhabi, after originally being expected for Sunday.

‘Ukraine is ready for a substantive discussion, and we are interested in ensuring that the outcome brings us closer to a real and dignified end to the war,’ Zelenskyy said on X, adding that the delay had been agreed to by all sides.

The delay followed a surprise meeting Saturday in Florida between Steve Witkoff, President Donald Trump’s special envoy, and Kirill Dmitriev, the Kremlin’s special envoy and head of Russia’s sovereign wealth fund.

The talks in Abu Dhabi are now expected to include representatives from Ukraine, Russia and the U.S., according to the Associated Press.

Meanwhile, Zelenskyy warned Russia is stepping up its aerial campaign against civilian and logistical targets. 

‘Over the past week, Russia has used more than 980 attack drones, nearly 1,100 guided aerial bombs, and two missiles against Ukraine,’ he wrote on X on Sunday. ‘We are recording Russian attempts to destroy logistics and connectivity between cities and communities.’

In a statement, DTEK CEO Maxim Timchenko also explained the bus attack marked the company’s ‘single largest loss [of] life of DTEK employees since Russia’s full-scale invasion.’

‘We can already say with certainty that this was an unprovoked terrorist attack on a purely civilian target, for which there can be no justification,’ Timchenko said.

The attack marked ‘one of the darkest days in our history,’ he added. ‘DTEK teams are working with emergency services on the ground in Dnipropetrovsk region to ensure the injured, and families who have lost loved ones, get all the care and support they need. Their sacrifice will never be forgotten,’ he added.

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President Donald Trump said Sunday that the Trump Kennedy Center will close later this year for a two-year period to undergo renovations.

In a post on Truth Social, Trump said the complex will close on July 4, coinciding with the nation’s 250th anniversary, at which point construction will begin on what he described as a ‘new and spectacular entertainment complex.’

Trump said the decision followed a yearlong review involving contractors, arts experts and other advisers. He added that the temporary closure would allow the renovations to be completed faster and at a higher quality than if construction were carried out while performances continued.

Trump said the approach would be ‘the fastest way’ to elevate the center, adding that the planned grand reopening would surpass previous versions of the venue.

The Trump Kennedy Center did not immediately respond to Fox News Digital’s request for comment. 

Trump said the funds to carry out the renovation were already in place, though he did not provide an estimated cost or explain whether the project would be financed through federal funding, private contributions, or a combination of both.

The Trump Kennedy Center hosts hundreds of performances each year and is home to several resident companies. It was not immediately clear whether those events would be postponed or moved to other venues.

Since his return to office, Trump has undertaken a series of changes aimed at reshaping the look and feel of the White House and other iconic Washington landmarks.

In October, Trump unveiled a new monument dubbed the ‘Arc de Trump,’ which is planned to commemorate the nation’s 250th anniversary next year.

He has previously said that the large arch, a near twin of Paris’s iconic Arc de Triomphe, will welcome visitors crossing the Arlington Memorial Bridge from Arlington National Cemetery into the heart of the nation’s capital.

Trump’s taste for opulence is evident in the Oval Office, where gold accents now line the ceiling and doorway trim, reflecting his personal style.

Beyond the Oval Office, the administration has unveiled the ‘Presidential Walk of Fame,’ a series of portraits of past presidents displayed along the West Wing colonnade.

Among the largest projects underway is a 90,000-square-foot White House ballroom designed to accommodate roughly 650 seated guests. 

The administration has said the sprawling ballroom will adhere to the classical architectural style of 1600 Pennsylvania Avenue.

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House Democrats are poised to rebel against Senate Minority Leader Chuck Schumer’s spending deal with the White House, Fox News Digital is told, an act that could prolong the ongoing partial government shutdown. 

House Minority Leader Hakeem Jeffries, D-N.Y., made clear to Speaker Mike Johnson, R-La., that the plan by Republicans to fast-track the legislation on Monday evening would fail, four House GOP sources told Fox News Digital.

That means Johnson will need to lean heavily on his razor-thin House GOP majority to pass the bill through multiple procedural hurdles before it can see a final vote, likely Tuesday at the earliest.

The federal government has been in a partial shutdown since the wee hours of Saturday morning after Congress failed to find a compromise on the yearly budget by the end of Jan. 30.

Some areas of the government have already been funded, but spending for the departments of War, Transportation (DOT), Health and Human Services (HHS), and Department of Homeland Security (DHS), among others, is now in question.

House Democrats do not feel bound by the deal their counterparts in the Senate struck with President Donald Trump’s White House, the sources told Fox News Digital. 

The sources said House Democrats are also frustrated that Schumer put them in a position where they were expected to take the deal on.

‘Democrat division creates another government shutdown,’ one House Republican told Fox News Digital.

But it could be difficult for House GOP leaders to corral all the votes needed as well. Multiple Republicans have already expressed concerns about the compromise requiring them to negotiate with Democrats on reining in Trump’s immigration crackdown, while others like Rep. Anna Paulina Luna, R-Fla., are pushing their own priorities to be included in exchange for their support.

Luna told Fox News Digital that she would not support the legislation if it did not include an unrelated measure that would require proof of citizenship in the voter registration process, a separate but widely-accepted GOP bill.

Johnson told House Republicans in a lawmakers-only call on Friday that he hoped to pass the legislation under ‘suspension of the rules,’ which would fast-track the bills in exchange for raising the threshold for passage from a simple majority of the chamber to two-thirds.

But now the House Rules Committee, the final gatekeeper before most chamber-wide votes, will be considering the legislation on Monday afternoon.

Then it must survive a House-wide ‘rule vote,’ a procedural test vote that normally falls on party lines, before voting on final passage.

House Majority Whip Tom Emmer, R-Minn., signaled to Fox News Live anchor Aishah Hasnie earlier on Saturday that he expected Jeffries to go rogue on Schumer.

‘We can’t trust the minority leader to be able to get his members to do the right thing. That’s the issue,’ Emmer told Hasnie.

The deal that passed the Senate on Friday combined five spending bills that already passed the House, while leaving off a bipartisan plan to fund DHS.

Instead, it would fund DHS at current levels for two weeks while Democrats and Republicans could negotiate a longer-term bill that would also rein in Immigration and Customs Enforcement (ICE). Democrats demanded that in the wake of federal law enforcement-involved killings of two U.S. citizens in Minneapolis during anti-ICE demonstrations there.

But Jeffries made no promises on the deal after it passed the Senate Friday, saying in a public statement, ‘The House Democratic Caucus will evaluate the spending legislation passed by the Senate on its merits and then decide how to proceed legislatively.’

A failure to move forward with the plan quickly risks the limitation or pausing of paychecks for military service members, airport workers, as well as putting funding for natural disaster management and federal healthcare services into question.

Fox News Digital reached out to Jeffries, Schumer, and Johnson’s offices for further comment but did not immediately hear back.

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Shouts of ‘Trump act now!’ filled the sunny Saturday afternoon on New York’s Fifth Avenue as hundreds of anti-Iranian regime protestors denounced the theocratic regime in Tehran and called for the U.S. to take action against Iran.

‘We want freedom for the Iranian people,’ said protester Sarah Shahi. ‘We want this theocracy that has been taking people’s rights away to be taken out with whatever means necessary. We need help when so many people have been killed.’

The protesters gathered across the street from the residence of Iran’s ambassador to the United Nations and called for the regime in Tehran to be toppled.

The ornate 19th century limestone townhouse was originally purchased by the Iranian government under Mohammad Reza Pahlavi, the shah of Iran who ruled from 1941 until 1979. It has been the official home of the country’s UN representative ever since. Protests have been rare at the location, but at some point, overnight, someone spray-painted the words ‘terrorists’ and ‘killers’ on the front facade.

The building’s location is one of the most exclusive on the Upper East Side, diagonally across the street from the Metropolitan Museum of Art and less than a block away from the former residence of Jacqueline Kennedy Onassis.

One protester’s sign showed a photograph of current Iranian UN Ambassador Amir Saeid Iravani with the words ‘A terrorist lives here.’

‘For the people of the Islamic republic to be residing here is just so unjust,’ said Shahi. ‘But it is the closest thing we have to an embassy’ as a protest location.

Since Iran does not have diplomatic relations with the United States, the building is the only Iranian government-owned property in the country.

President Trump has ordered U.S. warships to within striking distance of Iran as he considers potential attacks against the regime’s nuclear program, oil and military targets. The buildup is in response to Iran’s continued support of terrorism and its brutal mass killings of protesters, with estimates saying as many as 30,000 people have been killed for participating in anti-regime street demonstrations.

The protesters in Manhattan are supporters of the late shah’s son, Crown Prince Reza Pahlavi, who has been speaking out for weeks against the regime as its barbaric crackdown continued. Pahlavi has been in exile for 47 years, since his father fled and the Iranian revolution ushered in the hardline religious Anti-American regime of the Mullahs.

The chants from the protesters were no less impassioned than those of their brethren who have flooded the streets of Iranian cities. Signs demanded ‘End the regime in Iran,’ and ‘Brave Iranians are fighting on the ground. The U.S. and Israel must act against a common enemy now.’ Other signs proclaimed, ‘No to the Islamic Republic regime,’ and ‘Make Iran Great Again.’

The protesters say they are waiting for President Trump to take military action against the regime so that the nation can finally taste freedom.

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President Donald Trump said Saturday he believes Iran is negotiating ‘seriously’ with the U.S., stressing that he hopes an ‘acceptable’ deal can be brokered.

The president’s comments were made as he reportedly weighs options on a possible military strike on Iran amid widespread protests and a violent crackdown in the country.

When asked by a reporter aboard Air Force One whether he had decided on a strike against Iran, Trump responded, ‘I certainly can’t tell you that.’

‘But we do have very big, powerful ships heading in that direction,’ he added. ‘I hope they negotiate something that’s acceptable.’

The president then sidestepped a question about whether Tehran would be emboldened if the U.S. opted not to launch strikes on Iran, saying, ‘Some people think that. Some people don’t.’

‘You could make a negotiated deal that would be satisfactory with no nuclear weapons,’ Trump said. ‘They should do that, but I don’t know that they will. But they are talking to us. Seriously talking to us.’

Trump has said the U.S. will not share military plans with Gulf allies while negotiating with Iran, even as U.S. naval forces surge into the region.

Speaking with Fox News Channel senior White House correspondent Jacqui Heinrich on Saturday, Trump said, ‘We can’t tell them the plan. If I told them the plan, it would be almost as bad as telling you the plan — it could be worse, actually.’

‘But, look, the plan is that [Iran is] talking to us, and we’ll see if we can do something,’ Trump continued. ‘Otherwise, we’ll see what happens. … We have a big fleet heading out there, bigger than we had — and still have, actually — in Venezuela.’

On Sunday, the speaker of Iran’s parliament said the Islamic Republic now considers all European Union militaries to be terrorist groups after the bloc declared the country’s paramilitary Islamic Revolutionary Guard Corps a terror group over its crackdown on nationwide protests.

Iran again invoked a 2019 law to declare other nations’ militaries terrorist groups following the United States’ designation of the Guard as a terror organization that year.

The announcement by Mohammad Bagher Qalibaf, a former Revolutionary Guard commander, comes as the Islamic Republic also planned live-fire military drills for Sunday and Monday in the strategic Strait of Hormuz, the narrow mouth of the Persian Gulf through which roughly one-fifth of the world’s oil trade passes.

The Associated Press contributed to this report.

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Amber Rose is sticking up for Charlie Kirk’s widow.

During a recent appearance on a Kick livestream with Sneako on Thursday, the 42-year-old model came to Erika Kirk’s defense, against those who criticize the way she reacted to Charlie’s death.

‘Yeah, I mean they talk s— about her too,’ Rose said. ‘Everyone grieves differently, and I tell people that, like maybe she feels like it’s her duty to keep him alive in a sense by kind of doing everything that he was doing. I don’t know. I don’t know. I can’t tell someone how to grieve you know what I mean?’

Charlie, the founder of Turning Point USA (TPUSA), was fatally shot during an event at Utah Valley University on Sept. 10. He and Erika had two children.

Following his assassination, Erika became the new CEO and chair of TPUSA, and has made public appearances at various events.

‘This woman should be kicked to the curb,’ liberal podcaster, Jennifer Welch, said on her ‘I’ve Had It’ podcast about Erika. ‘She is an absolute grifter, just like Donald Trump, and just like her unrepentant, racist, homophobic husband was.’

Elsewhere during the livestream, Rose responded to Ariana Grande’s support of the protest against U.S. Immigration and Customs Enforcement (ICE), urging Americans to skip work, school and shopping.

Grande posted an Instagram story encouraging her followers to stay home from work or school on Friday, in honor of the protest, writing, ‘ICE out! Nationwide shutdown! No work. No school. No shopping. Jan 30, 2026.’

‘Ariana Grande … I think she’s worth, I don’t know, $250–300 million dollars, telling people to not go to work, protest ICE. It’s like, ‘Girl, shut the f— up,’ Rose said.

She continued: ‘Do you want to give your money away to these people to stay home from work? Stop telling people to do that … I think anyone that tells people to not go to work, not go to school, not f—ing buy things for their family, and they’re worth $250-300 million dollars, they should shut the f— up.’

Rose famously supported President Donald Trump during his campaign for the presidency in 2024, even speaking at the Republican National Convention.

At the convention, she told the audience she decided to ‘put the red hat on’ and ‘let go’ of any fear she had of being ‘misunderstood’ or ‘of getting attacked by the left.’ 

She later told Maxim in a January 2025 interview she was ‘canceled’ during the election.

‘Unfortunately, the ‘woke’ left cancels people for having a different ideology,’ she told Maxim. ‘Fortunately for me, I don’t give a f— and will always stand 10 toes down until the wheels fall off, regardless of what my beliefs may be. I used to be on the left and thought I was doing the right thing. That’s why it’s so important to have open conversations.’

‘On the left, there’s no objective truth. It’s only about feelings,’ she added.

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The U.S. Embassy in Port-au-Prince, Haiti on Saturday alerted U.S. citizens of ongoing security operations north and south of the embassy and in Croix-de-Bouquets. 

Heavy gunfire was reported in the Haitian capital, prompting U.S. government personnel to halt all movements, according to an alert from the Department of State.

The embassy remains open for emergency services.

Officials urged nearby U.S. citizens to avoid the area and monitor local media for updates.

Armed gangs control large portions of Port-au-Prince and surrounding areas, according to the U.S. State Department and the United Nations Integrated Office in Haiti (BINUH). 

Croix-de-Bouquets, one of the areas referenced in Saturday’s security alert, has long been considered a ‘400 Mawozo’ gang stronghold.

‘400 Mawozo’ gang leader Joly Germine, 34, of Croix-des-Bouquets, Haiti, was sentenced to life in prison in December for his role in the 2021 abduction of 16 American citizens, including five children, Fox News Digital previously reported.

The victims, with Ohio-based Christian Aid Ministries, were on their way back from an orphanage when they were taken hostage, according to the Justice Department.

The State Department currently maintains a Level 4 ‘Do Not Travel’ advisory for Haiti, citing kidnapping, crime, terrorist activity, civil unrest and limited health care.

The State Department did not immediately respond to Fox News Digital’s request for comment.

Fox News Digital’s Ashley Carnahan contributed to this report.

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Gold and silver are wrapping up a record-setting week once again.

Starting with gold, the yellow metal left market participants hanging last week after finishing just shy of US$5,000 per ounce. However, it made up for it in spades this week, breaking through that level and continuing on up to smash through US$5,500.

Silver was no slouch either. After hitting triple digits at the end of last week it moved even higher this week, spending time above US$121 per ounce.

Unfortunately, it didn’t take long for those questions to be answered.

Gold and silver prices dropped precipitously as the week drew to a close, with the yellow metal finishing Friday (January 30) just below US$4,900 and silver sitting at about the US$85 level.

What’s going on, and more importantly, what should investors do?

Let’s tackle what’s going on first. The broad consensus from the experts I spoke to at VRIC was that gold and silver prices continue to be driven by elements that have been in play for years, such as strong central bank gold buying and silver’s persistent deficit. But both metals have new factors contributing to their gains.

Adrian Day of Adrian Day Asset Management highlighted two points that have changed for gold, with the first being increasing global chaos. Here’s how he explained it:

Day also mentioned gold purchases from stablecoin issuer Tether as a new factor for gold:

On the silver side, the dynamics are undeniably complex, but Willem Middelkoop of the Commodity Discovery Fund summed it up like this:

So how should investors approach this environment? Personalization was a major theme among the people I spoke to at VRIC, with many emphasizing the importance of understanding why you own the assets in your portfolio and what circumstances would lead you to sell.

Here’s Lobo Tiggre of IndependentSpeculator.com on how that could look right now:

With that said, two key themes emerged when it comes to what experts are doing now.

The first is silver stocks. Multiple market watchers, including Rick Rule of Rule Investment Media, believe silver stocks are set to move higher now that the metal itself has broken out.

Rule said he sold 80 percent of his physical silver and used around half of the money to buy silver companies. This is why he did it:

The second place people are rotating to is oil and gas stocks. You may remember that I touched on this in last week’s video, and the theme strengthened at VRIC — Rick himself took 25 percent of the money he made selling physical silver and put it in oil and gas stocks.

While opinions differ on whether now is the exact right time to buy, I heard multiple times that senior dividend-paying oil and gas companies are a play to consider for those who have taken profits in the gold and silver sector and are looking for the next ‘buy low’ opportunity.

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

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Statistics Canada released November’s gross domestic product (GDP) data on Friday (January 30). The numbers show that the economy remained flat overall with the prior month, following a 0.3 percent decline in October.

The goods-producing industries fell by 0.3 percent in November, weighed down by a 1.3 percent contraction in manufacturing and a 2.1 percent decline in wholesale trade amid ongoing trade tensions between Canada and the United States.

Declines were offset by increases to the retail trade sector, which grew 1.3 percent alongside a 0.9 percent increase to the transportation and warehousing sector.

The release also included advanced data for December that shows real GDP increased by 0.1 percent. Although the data for the month are preliminary, they point to a 0.1 percent contraction in the fourth quarter and a 1.3 percent annual gain in 2025.

This week also marked the first rate-setting meetings of 2026 by the Bank of Canada and the US Federal Reserve.

Both central banks decided to keep their rates unchanged. On Wednesday (January 28), the BoC reported it would maintain its benchmark rate at 2.25 percent. In its announcement, the bank said the outlook remains little changed from its October projection but noted it is vulnerable to evolving US trade policy and geopolitical risks.

South of the border, the Fed held its Federal Fund Rate at 3.25 percent to 3.75 percent. In its announcement, the Fed shared similar sentiments, suggesting that uncertainty remained elevated.

Against that backdrop, gold and silver experienced significant volatility this week, with prices for both metals dropping on Thursday (January 29). Gold fell from above US$5,500 toward the US$5,100 mark during the first hour of trading on US markets, while silver fell from the US$120 mark to around US$108.

Both metals rebounded on the day, posting slight losses from their opening levels, but on Friday prices collapsed further, with gold trading below US$4,800 and silver approaching US$80 in morning trading.

For more on what’s moving markets this week, check out our top market news round-up.

Markets and commodities react

Canadian equity markets were in retreat to end the week.

The S&P/TSX Composite Index (INDEXTSI:OSPTX) lost 3.4 percent over the week to close Friday at 31,923.52, while the S&P/TSX Venture Composite Index (INDEXTSI:JX) fared worse, shedding 8.15 percent to 1,051.08. The CSE Composite Index (CSE:CSECOMP) dropped 9.54 percent to 169.92.

The gold price saw significant declines from mid-week highs, losing 9.76 percent during Friday’s trading day. However, it fell just 1.76 percent from the week’s start to close at US$4,840.76 per ounce on Friday at 4:00 p.m. EST.

The silver price fared even worse, plummeting 28.17 percent on Friday, and closing the week 13.62 percent lower overall at US$83.43 on Friday.

In base metals, the Comex copper price recorded a 1.32 percent drop this week to US$5.98.

On the other hand, the S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) was up 4.24 percent to end Friday at 598.20.

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 2:00 p.m. EST 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. Vanguard Mining (CSE:UUU)

Weekly gain: 141.18 percent
Market cap: C$29.82 million
Share price: C$0.41

Vanguard Mining is an exploration company working to advance a portfolio of uranium, copper and nickel assets in Canada and Paraguay. Its flagship project is the Yuty Prometeo uranium project in Paraguay.

Among its properties is the Redonda copper and molybdenum project near Campbell River, British Columbia. The site consists of nine mineral claims covering 2,746 hectares and hosts porphyry-style mineralization.

On Tuesday (January 27), Vanguard announced plans for its phase 2 drill program at Redonda, comprising up to 7 holes totaling 2,800 meters, targeting areas in the southeast portion of the property between historic drill holes.

The company also said it would conduct detailed mapping and prospecting in the northern and western portions of Redonda to identify additional priority drill targets and would use phase 1 results to refine targeting.

The program is being advanced quickly to build on drilling results that “confirmed a significantly expanded copper-molybdenum mineralized system at Redonda,” the company said.

2. San Lorenzo Gold (TSXV:SLG)

Weekly gain: 85.6 percent
Market cap: C$185.63 million
Share price: C$2.32

San Lorenzo Gold is an exploration company working to advance its Salvadora project in the Chañaral province of Chile.

The property consists of 25 exploration and nine exploitation concessions covering an area of 8,796 hectares. It hosts a large copper and gold porphyry system with several significant targets. According to the project page, the site geology resembles that of the nearby Codelco-owned Salvador copper mine, which has operated since the early 1950s and is expected to continue until the mid-2060s following an expansion.

On January 26, San Lorenzo provided assay results from the first hole of a drilling program at the Cerro Blanco target at Salvadora. The hole was drilled to a depth of 472 meters, of which it encountered 222.4 meters of mineralization across five sections. The widest interval graded 1.09 grams per metric ton (g/t) gold over 132.2 meters from a depth of 201.5 meters.

The company said it believes the mineralization represents the upper level of a porphyry system and that it suggests a continuation of the system encountered during drilling at the site in 2025.

3. Ameriwest Critical Metals (CSE:AWCM)

Weekly gain: 75.76 percent
Market cap: C$14.69 million
Share price: C$0.58

Ameriwest Critical Minerals is an exploration company with a portfolio of assets in British Columbia, Canada, as well as the US states of Nevada, Oregon and Arizona.

The company announced in August that it was changing its name from Ameriwest Lithium to better reflect a portfolio diversifying into copper and rare earth minerals.

In October 2025, Ameriwest entered into a definitive agreement for the option and potential purchase of the Xeno RAR rare earth mineral claims in British Columbia. Under the terms of the deal, Ameriwest will pay C$55,000 in cash considerations, C$125,000 in exploration expenses over 18 months, a 2 percent net smelter return royalty and 2 million shares.

Then, in November, the company completed the acquisition of 34 unpatented mineral claims in Oregon that form the Bornite copper project in exchange for US$100,000 and a 2 percent net smelter return royalty.

Previous exploration of the Bornite property by Plexus in the 1990s identified a historic resource of 138.5 million pounds of copper, 54,000 ounces of gold and 1.7 million ounces of silver from 3.2 million metric tons of ore. Ameriwest’s current CEO was part of the Plexus team who explored Bornite.

In addition to its recently acquired properties, Ameriwest also owns the Thompson Valley lithium project in Arizona and the Railroad Valley lithium project in Nevada.

The most recent news from the company came on January 20, when it upsized a non-brokered private placement from C$2 million to C$3 million. The company said proceeds would be used to accelerate exploration efforts at its Bornite project.

In the release, Ameriwest says its long-term goal at the project, if results, financing and permitting are successful, is “evaluating the development of an approximately 1,000-tonne-per-day underground copper mining operation.”

4. Tectonic Metals (TSXV:TECT)

Weekly gain: 61.78 percent
Market cap: C$217.87 million
Share price: C$2.54

Tectonic Metals is a gold exploration company working to advance the Flat project in Alaska, US.

The project covers 98,840 acres in Western Alaska and hosts a reduced intrusion-related gold system and six district-scale targets. According to Tectonic, the mineralization is analogous to Kinross Gold’s (TSX:K,NYSE:KGC) Fort Knox mine in Eastern Alaska.

Among the targets is the Chicken Mountain intrusion, where exploration has identified 3 kilometers of mineral strike that remains open in all directions. Each of the 87 holes drilled at Chicken Mountain have intercepted gold.

The most recent update from the Flat project came on Thursday, when Tectonic announced results from 20 drill holes across four target areas.

Most significantly, its first drilling at the Black Creek intrusion, located 6 kilometers north of Chicken Mountain, discovered a new gold zone. The discovery hole, which started from surface, returned grades of 4.5 g/t gold over 48.77 meters. This included a core interval of 7.79 g/t over 24.38 meters, inside of which was a 6.1 meter interval grading 15.19 g/t.

The company said drilling has now confirmed gold mineralization across five intrusion targets: Chicken Mountain, Alpha Bowl, Golden Apex, Black Creek and Jam. It also said that results from 14 other holes are still pending.

5. Golden Lake Exploration (CSE:GLM)

Weekly gain: 60 percent
Market cap: C$12.48 million
Share price: C$0.12

Golden Lake Exploration is a gold exploration company that owns the Jewel Ridge gold project in Nevada, United States.

The project sits along the prolific Battle Mountain–Eureka Gold trend, which has produced more than 40 million ounces to date and hosts operations from McEwen Mining (TSX:MUX,NYSE:MUX) and North Peak Resources.

More than 700 meters of strike have been identified on the property across three primary targets: Eureka Tunnel, Jewel Ridge and Hamburg.

On Wednesday, Golden Lake announced that it had entered into a definitive agreement to be wholly acquired by McEwen Mining and become its subsidiary. Among the highlights of the deal is the ability for Jewel Ridge to be integrated into McEwen’s neighboring Gold Bar mine complex, providing access to infrastructure and funding.

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 December 2025, 898 mining companies and 71 oil and gas companies are listed on the TSXV, combining for more than 60 percent of the 1,531 total companies listed on the exchange.

As for the TSX, it is home to 175 mining companies and 51 oil and gas companies. The exchange has 2,089 companies listed on it in total.

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.

This post appeared first on investingnews.com

Ross Beaty of Equinox Gold (TSX:EQX,NYSEAMERICAN:EQX) and Pan American Silver (TSX:PAAS,NASDAQ:PAAS) shares his thoughts on gold and silver’s record-setting runs.

While high prices are exciting, he noted that even US$50 per ounce silver is good for miners.

‘At the end of the day, there’s still great value in the silver equities,’ Beaty said.

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

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