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State-level AI rules survive — for now — as Senate sinks moratorium despite White House pressure

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The Senate is quietly winning the battle over states’ abilities to craft their own artificial intelligence (AI) regulations, but there is still a desire to chart out a rough framework at the federal level. 

The issue of a blanket AI moratorium, which would have halted states from crafting their own AI regulations, was thought to have been put to bed over the summer. But the push was again revived by House Republicans, who were considering dropping it into the annual National Defense Authorization Act. 

However, Republicans in the lower chamber have pulled back from that push, even as the White House has pressed Congress to create a federal framework that would make regulations more cohesive across the country. 

A trio of Senate Republicans, Sens. Josh Hawley of Missouri, Marsha Blackburn of Tennessee and Ron Johnson of Wisconsin, who banded together to block the original proposal, cheered the provision’s apparent rise from the grave.

Hawley told Fox News Digital that it was good news that the provision would not be included in the defense authorization bill, but warned that ‘vigilance is needed, and Congress needs to act.’

‘I mean, for everybody out there saying, ‘Well, Congress needs to act and create one standard,’ I agree with that,’ he said. ‘And we can start by banning chat bots for minors.’ 

Sen. Ted Cruz, R-Texas, who chairs the Senate Commerce, Science and Transportation committee, initially pushed for a moratorium to be included in Trump’s One Big, Beautiful Bill. His position on the issue has been to unchain AI to give the U.S. a competitive edge against foreign adversaries like China.

But that attempt was nearly unanimously defeated over the summer and stripped from the bill. And Cruz hasn’t given up.

‘The discussions are ongoing, but it is the White House that is driving,’ Cruz told Fox News Digital. 

Senate Majority Leader John Thune, R-S.D., acknowledged that getting the moratorium into the defense authorization bill would be difficult earlier in the week.

‘That’s controversial, as you know,’ Thune said. ‘So, I mean, I think the White House is working with senators and House members for that matter to try and come up with something that works but preserves states’ rights.’

Trump declared last month that the U.S. ‘MUST have one Federal Standard instead of a patchwork of 50 State Regulatory Regimes,’ and argued that over regulation at the state level was threatening the investment, and expected growth, of AI. 

The White House reportedly drafted an executive order that would have blocked states from regulating AI that would have withheld certain streams of federal funding from states that didn’t comply with the order, and enlisted the Department of Justice to sue states that crafted their own regulations.

So far, Trump has not taken action on the order. 

Blackburn, who was the leading player in thwarting Cruz’s previous attempt to assert an AI moratorium into Trump’s marquee tax bill, also wants some kind of federal framework, but one that is designed to ‘protect children, consumers, creators, and conservatives,’ a spokesperson for Blackburn told Fox News Digital in a statement. 

‘Senator Blackburn will continue her decade-long effort to work with her colleagues in both the House and Senate to pass federal standards to govern the virtual space and rein in Big Tech companies who are preying on children to turn a profit,’ the spokesperson said.

And Johnson, another key figure in blocking the moratorium earlier this year, argued to Fox News Digital that it was an ‘enormously complex problem. It’s my definition of a problem.’ 

But unlike his counterparts, he was more skeptical about Congress producing a framework that he would be comfortable with.

‘I’m not a real fan of this place,’ Johnson said. ‘And I think we’d be far better off if we passed a lot fewer laws. I’m not sure how often we get it right. Look at healthcare, look at how that’s been completely botched.’ 

‘What are we gonna do with AI? Hard to say, but we just don’t go through the problem-solving process,’ he continued. ‘And again, I’m concerned, the real experts on this have got vested interests. Whatever they’re advising is, can you really trust them?’


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Teenage cancer patient’s final fight becomes law as House passes landmark pediatric bill

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A teenage girl who spent her final years advocating for young people battling cancer is forever memorialized in history, thanks to a key bill passed by the House of Representatives.

Mikaela Naylon was just 16 when she died five years after being diagnosed with osteosarcoma, a rare form of bone cancer.

Rep. Michael McCaul, R-Texas, who helped lead the landmark legislation that became her namesake, said Mikaela spent much of that time fighting to give fellow children a chance to survive cancer.

He told Fox News Digital that he viewed childhood cancer patients as ‘the best advocates’ for their cause, calling them his ‘better angels.’

‘Mikaela was a great example of that,’ McCaul said. ‘She was very sick. She’d just undergone radiation and chemotherapy. She wasn’t feeling very well, and I could tell. But she still made the effort to come to Washington, to go to members’ offices and advocate for the legislation.’

The Mikaela Naylon Give Kids A Chance Act is aimed at expanding children’s access to existing cancer therapy trials, as well as incentivizing development of treatments and solutions for pediatric cancer.

It reauthorizes funding for the National Institutes of Health (NIH) to support pediatric disease research through fiscal year 2027, and extends the Food and Drug Administration’s (FDA) ability to expedite review of drugs aimed at helping certain pediatric illnesses.

‘It’s probably one of the most rewarding things I’ve done is to not only draw awareness to childhood cancer by forming the [Childhood Cancer Caucus] and then having an annual summit, but to be able to pass legislation that results in saving children’s lives. I don’t think there’s anything more important than that,’ McCaul said.

His bill passed the House unanimously on Monday, with both Republicans and Democrats speaking out in strong support for the legislation.

Mikaela’s family was in attendance to watch both its passage and the speeches lawmakers gave in favor of it.

‘Nothing will take the place of her. But it helped fill kind of a void, an emptiness they have right now. And they’re very proud of that, that her legacy is carried on through this legislation,’ McCaul, who also gave the Naylon family a tour of the U.S. Capitol, said.

Mikaela’s parents Kassandra and Doug, and her brother Ayden, told Fox News Digital that she had ‘faced every day with hope, purpose and a fierce determination to make the world better for the kids who would come after her.’

‘She believed that all children, no matter how rare their diagnosis, deserve access to the most promising treatments and a real chance at life. This legislation reflects that mission,’ the Naylon family told Fox News Digital.

They thanked McCaul as well as Reps. Debbie Dingell, D-Mich., and Gus Bilirakis, R-Fla., for championing the bill, as well as advocacy groups who also helped shepherd it forward.

‘Their commitment ensures that Mikaela‘s voice, and the voices of so many brave children like her, will forever be heard in the halls of Congress,’ the family said.


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NioCorp Acquires FEA Materials to Build US Scandium Supply Chain

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NioCorp Developments (NASDAQ:NB) has completed the US$8.4 million acquisition of the manufacturing assets and intellectual property of Massachusetts-based FEA Materials.

NioCorp expects the move to position it as a domestic producer of aluminum-scandium (Al-Sc) master alloy amid growing demand for the material in defense and commercial markets.

The all-cash purchase complements NioCorp’s Elk Creek critical minerals project in Nebraska, where it aims to produce scandium oxide alongside niobium, titanium and potentially rare earths once fully financed and operational.

FEA’s proprietary process converts scandium oxide directly into Al-Sc master alloy, bypassing intermediate metal production. NioCorp is also assessing the feasibility of producing finished Al-Sc alloy parts via casting, forging and machining for original equipment manufacturers in the US.

“This strategic acquisition positions NioCorp to potentially build America’s first vertically integrated scandium supply chain from mine to finished alloy parts,” NioCorp CEO Mark A. Smith said in a press release.

Eugene Prahin, CEO of FEA, praised NioCorp’s vertically integrated approach, adding that the company’s alloying technology “will be key to growing scandium-based structural alloys in the years to come.”

The FEA acquisition follows a US$10 million Pentagon Title III award to NioCorp’s subsidiary Elk Creek Resources. Announced in August, it is geared at supporting scandium oxide production.

NioCorp is also collaborating with Lockheed Martin (NYSE:LMT) on aerospace-grade Al-Sc components.

“Working jointly with the Pentagon, NioCorp is committed to insulating the US from market manipulation by China, which has historically constrained scandium-based technologies,’ said Smith.

With the latest acquisition and the government funding, NioCorp envision building a complete US mine-to-market supply chain for scandium, spanning extraction, alloy production and finished parts manufacturing.

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

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Copper Quest Closes $1,927,000 Private Placement

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// Not for distribution to the United States newswire services or for dissemination in the United States //

Copper Quest Exploration Inc. (CSE: CQX,OTC:IMIMF; FRA: 3MX) (‘ Copper Quest ‘ or the ‘ Company ‘) is pleased to announce that, further to its news release dated December 1, 2025, it has issued an aggregate of 10,142,104 flow-through shares of the Company (the ‘ FT Shares ‘, and each, a ‘ FT Share ‘) at a price of $0.19 per FT Share for aggregate gross proceeds of $1,927,000 in connection with its previously announced fully subscribed non-brokered private placement (the ‘ Private Placement ‘).

Each FT Share constitutes a ‘flow-through share’ within the meaning of the Income Tax Act (Canada) (the ‘ Tax Act ‘) and the gross proceeds of the Private Placement will be used by the Company for exploration and related programs, which qualify as ‘Canadian exploration expenses’ and ‘flow-through critical mineral mining expenditures’, as such terms are defined in the Tax Act, in connection with Copper Quest’s projects in British Columbia.

Brian Thurston, President & CEO of Copper Quest, commented: ‘ The team has spent the last 12 months building Copper Quest to be a standout junior explorer holding seven quality projects including the recent acquisitions of Stars, Stellar, Nekash, and pending Kitimat and Alpine. It is now time for the Company to grow shareholder value through advancing these properties through work on the ground and drilling. These funds will allow us advance multiple properties in 2026 while we continue vetting quality partners to help advance the rest. ‘

In connection with the Private Placement, the Company paid cash finder’s fees totaling $130,199.98 and issued 685,261 finder’s warrants (the ‘ Finder’s Warrants ‘) entitling the holder thereof to acquire one non-flow-through common share at an exercise price of C$0.19. The Finder’s Warrants will expire on December 5, 2027.

All securities issued pursuant to the Private Placement are subject to a statutory four month hold period expiring April 6, 2026.

To accommodate increased interest in the Private Placement, the Company also announces that it may further issue up to 255,264 FT Shares under the same terms as above stated, no later than December 15, 2025. All securities to be issued thereunder will be subject to a statutory hold period under applicable Canadian securities laws of four months and one day from the date of issuance.

Related Party Participation in the Private Placement

Jason Nickel, Director of the Company, participated in Private Placement by purchasing 50,000 FT Shares for $9,500. The participation by Mr. Nickel, as an insider of the Company, constitutes a ‘related party transaction’ as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (‘MI 61-101’). The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the FT Shares purchased by Mr. Nickel, nor the consideration for the FT Shares paid by Mr. Nickel, exceeded 25% of the Company’s market capitalization. The Company did not file a material change report in respect of the related party transaction at least 21 days before the closing of the Private Placement, which the Company deems reasonable in the circumstances as the details of insider participation in the Private Placement were not settled until shortly prior to closing the Private Placement and the Company wished to complete the Private Placement in an expeditious manner.

The securities described herein have not been registered under the United States Securities Act of 1933, as amended (the ‘ U.S. Securities Act ‘), or any state securities laws, and may not be offered or sold absent registration or compliance with an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

About Copper

Copper is an essential industrial metal at the heart of the global energy transition and modern infrastructure. It plays a critical role in electrification, renewable energy systems, electric vehicles, data centers, and smart technologies. With global demand rising and new supply challenged by declining grades, complex permitting, and underinvestment, the copper market faces persistent deficits and growing geopolitical scrutiny. Recent U.S. policy announcements, including import tariffs and initiatives to secure domestic and allied supply chains, underscore copper’s strategic importance and the need for resilient, localized resource exploration, development, production and processing capacity.

ABOUT Copper Quest Exploration Inc.

Copper Quest (CSE: CQX,OTC:IMIMF; OTCQB: IMIMF; FRA: 3MX) is focused on building shareholder value through project acquisition, and exploration and development of its North American Critical Mineral portfolio of assets. The Company’s land package currently comprises five projects that span over 40,000+ hectares in great mining jurisdictions as well as the Kitimat Cu-Au Project and the past-producing Alpine Gold Mine that are both pending acquisition following due diligence.

Copper Quest has a 100% interest in the Stars Property, a porphyry copper-molybdenum discovery, covering 9,693 hectares in central British Columbia’s Bulkley Porphyry Belt. Contiguous to the Stars Property, Copper Quest has a 100% interest in the 5,389 hectare Stellar Property. CQX also has an earn-in option up to 80% and joint-venture agreement on the 4,700 hectare porphyry copper-molybdenum Rip Project, also in the Bulkley Porphyry Belt.

Copper Quest has a 100% interest in the Nekash Copper-Gold Project, a porphyry exploration opportunity located in Lemhi County, Idaho, along the prolific Idaho-Montana porphyry copper belt that hosts world-class systems such as Butte and CUMO. The project is fully road-accessible via maintained U.S. highways and forest service roads and currently consists of 70 unpatented federal lode claims covering 585 hectares.

Copper Quest has a 100% interest in the Thane Project located in the Quesnel Terrane of Northern BC which spans over 20,658 ha with 10 high-priority targets identified demonstrating significant copper and precious metal mineralization potential.

Copper Quest’s leadership and advisory teams are senior mining industry executives who have a wealth of technical and capital markets experience and a strong track record of discovering, financing, developing, and operating mining projects on a global scale. Copper Quest is committed to sustainable and responsible business activities in line with industry best practices, supportive of all stakeholders, including the local communities in which it operates. The Company’s common shares are principally listed on the Canadian Stock Exchange under the symbol ‘CQX’. For more information on Copper Quest, please visit the Company’s website at www.copper.quest.

On behalf of the Board of Copper Quest Exploration Inc.

Brian Thurston, P.Geo.
Chief Executive Officer and Director
Tel: 778-949-1829
For further information contact:

Investor Relations
info@copper.quest

Forward Looking Information

This news release contains certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘ forward-looking statements ‘) within the meaning of applicable securities legislation. All statements, other than statements of historical fact included herein, including without limitation, statements regarding the terms and completion of the Flow-Through Offering, the payment of finder’s fees and issuance of Finder’s Warrants, the anticipated closing date and the planned use of proceeds of the Flow-Through Offering, and future operations and activities of Copper Quest, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘potential’, ‘possible’, and similar expressions, or statements that events, conditions, or results ‘will’, ‘may’, ‘could’, or ‘should’ occur or be achieved. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the ability to obtain regulatory approval of the Flow-Through Offering, risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company’s exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company’s business and prospects. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.

Primary Logo

News Provided by GlobeNewswire via QuoteMedia

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Trump signs off on nationwide vaccine schedule review as CDC withdraws infant Hep B guidance: ‘Fast track’

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President Donald Trump ordered a sweeping federal review of every childhood vaccine recommendation in the United States on Friday just hours after a CDC advisory committee voted to end its long-standing guidance for infants to receive the Hepatitis B vaccine at birth, calling the rule unnecessary for healthy newborns.

‘Today, the CDC Vaccine Committee made a very good decision to END their Hepatitis B Vaccine Recommendation for babies, the vast majority of whom are at NO RISK of Hepatitis B, a disease that is mostly transmitted sexually, or through dirty needles,’ wrote Trump.

The president also critiqued what he sees as a vaccine schedule which requires ‘far more than is necessary.’

‘The American Childhood Vaccine Schedule long required 72 ‘jabs,’ for perfectly healthy babies, far more than any other Country in the World, and far more than is necessary,’ the president added. ‘In fact, it is ridiculous! Many parents and scientists have been questioning the efficacy of this ‘schedule,’ as have I!’

Trump announced he signed a memo directing HHS to ‘fast track’ the current American vaccine schedule.

‘I have just signed a Presidential Memorandum directing the Department of Health and Human Services to ‘FAST TRACK’ a comprehensive evaluation of Vaccine Schedules from other Countries around the World, and better align the U.S. Vaccine Schedule, so it is finally rooted in the Gold Standard of Science and COMMON SENSE!’ Trump wrote.

President Trump closed his message by reiterating his support for his HHS Secretary, Robert F Kennedy Jr., writing ‘I am fully confident Secretary Robert F. Kennedy, Jr., and the CDC, will get this done, quickly and correctly, for our Nation’s Children.’

The White House did not immediately respond to Fox News Digital’s request for comment.

This is a developing story, check back later for updates.
 


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Editor’s Picks: Silver Price Smashes All-time High, Nearly Hits US$60

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The final month of the year has begun, and it’s definitely silver’s time to shine.

The white metal has put on a record-setting performance that really began at the end of last week, when it broke through US$56 per ounce for the first time.

Silver continued on up this week, passing the US$58 level and later breaching US$59.

What’s driving this big move? There’s a lot going on, and I want to break it down in a couple of different ways. First, let’s look at the white metal’s more traditional drivers.

Silver is impacted by many of the same factors as gold, and one point that’s working in their favor is higher expectations for a December interest rate cut from the US Federal Reserve.

While market participants were previously divided on whether another cut is coming, CME Group’s (NASDAQ:CME) FedWatch tool now shows strong expectations for a reduction.

Target rate probabilities for December US Federal Reserve meeting.

Target rate probabilities for December Fed meeting.

Chart via CME Group.

Both metals also benefit from geopolitical turmoil, which has ramped up due to US-Venezuela tensions. And silver specifically has had various other elements in its corner recently — a supply squeeze in London helped boost the price in October, as did strong Indian demand.

Chinese silver stockpiles are now also reportedly at low levels.

But when it comes to silver’s latest rise there’s been a lot of talk about other factors that may be in play. When silver started moving at the end of last week, its increase coincided with a trading halt on the Comex. At the time, CME Group said in an X post that a ‘cooling issue’ at a CyrusOne data center located in a Chicago suburb was responsible for the outage.

The problem took about 10 hours to resolve, and left market watchers questioning if there was more to the story, especially in terms of the connection to silver.

Opinions vary, but a key point that’s been mentioned by industry participants is that with Comex futures trading unavailable, the physical side of the silver market came to the forefront — the idea is that an entity or multiple entities were looking to stand for delivery, and perhaps the Comex was deliberately taken offline to remove that pressure from the market.

There’s a lot of speculation going on, and it’s worth noting that not everyone thinks this type of behind-the-scenes activity is happening. I heard from Clem Chambers of aNewFN.com, who said these types of outages do happen from time to time, especially in hot markets.

Here’s how he explained it:

‘What happened at the CME — it doesn’t take a Bond villain to do that. It takes a bit more traffic than normal, something weird, some guy didn’t show up for work, some update that wasn’t checked properly. It’s a myriad of reasons and it happens a lot. So don’t get paranoid about evil forces. And of course it will absolutely go down when the market is a fast market — that is the pinch point.’

This is a complex topic, and next week I’ll be talking to experts like Peter Krauth of Silver Stock Investor and Gary Wagner of TheGoldForecast.com to get their thoughts as well. If you have any questions you’d like me to ask, please drop a comment below.

For now, I’ll leave you with a few expert opinions on silver heading into 2026.

I’ve been asking guests to share their pick for next year’s top-performing asset, and the white metal has definitely been a popular choice.

Here’s Brien Lundin of Gold Newsletter on why he chose silver:

‘If I’m looking at what would be the best, I would probably say silver and silver stocks … I would say that because I don’t think — you know, silver leverages gold, and silver’s playing catch up right now. Mining stocks leverage gold, silver stocks leverage silver. So you’re adding leverage on top of leverage. So that would probably be my bet.’

Rich Checkan of Asset Strategies International is also most bullish on silver in 2026:

‘In terms of price, value and appreciation, I think it’s going to be silver. There’s no question. We’re not the end, but I think we’re past (the) midway point, and we’re probably going toward the late stages of a bull market — that usually favors silver, right? So I expect to see silver outpace gold at this point.’

Finally, this is why Jay Martin of VRIC Media thinks the big money is in silver:

‘The sure money is on gold, but the big money is on silver. And I think we’re going to see that materialize in 2026, so if I had to pick one to go all in with the purpose of maximal return and accepting the risk, I’m going with silver.’

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

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Top 5 Canadian Mining Stocks This Week: Bayhorse Silver Runs With 73 Percent Gain

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Statistics Canada released November’s job data on Friday (December 5). The numbers show the Canadian economy added 54,000 jobs over the month, with gains largely coming from part-time work. The increase surprised analysts, who had been expecting losses, and marked the third consecutive month of gains for a total of 181,000 new jobs since the start of September.

Headlining the data were increases of 46,000 health care and social service workers, 14,000 new employees in accommodation and food services, and 11,000 new jobs in the natural resources sector. However, gains were offset by 34,000 fewer workers in the wholesale and retail trade.

Overall, the increase pushed the employment rate up by 0.1 percentage points to 60.9 percent and lowered the unemployment rate by 0.4 percentage points to 6.5 percent.

The release is the last major economic news on the calendar before the Bank of Canada (BoC) Board of Governors meets December 10 to make its final interest rate decision of 2025.

Economists are predicting that the BoC will hold rates steady until 2027.

The first Friday of the month is also typically the release date for the US Bureau of Labor Statistics’ own jobs report; however, due to the lengthy government shutdown, the agency noted in the September release issued on November 20 that October’s data would be rolled in with November’s and its release would be delayed until December 16.

However, a report from payroll firm ADP on Wednesday (December 3) indicated that its records show the US private sector employment shed 32,000 jobs in November, with weak hiring in the manufacturing, professional services, information and construction sectors, which was partially offset by an 8,000 job gain in the mining sector.

The release shows that job growth in the US has stalled and without the release of official government data may be the last important indicator ahead of the Federal Open Market Committee meeting set for December 9 and 10.

Given the news of a weak labor market, US analysts are predicting the Fed will make another 25 basis point cut, which would lower the Federal Funds Rate to the 3.5 to 3.75 percent range.

The expectations of cuts provided tailwinds for precious metals prices ahead of the central bank’s meeting, with the gold price trading up 1.03 percent on the week at US$4,200.53 on Friday at 4 PM EST, and the silver price up a massive 9.43 percent at US$58.42 after setting a new all-time high of US$59.28 per ounce during morning trading on Friday.

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

Markets and commodities react

Canadian equity markets posted modest gains this week.

The S&P/TSX Composite Index (INDEXTSI:OSPTX) gained 0.25 percent over the week to close Friday at 31,311.41.

Meanwhile, the S&P/TSX Venture Composite Index (INDEXTSI:JX) rose 1.04 percent to 939.76, and the CSE Composite Index (CSE:CSECOMP) increased 4.1 percent to close at 155.40.

In base metals, the COMEX copper price ended the week up 2.83 percent at US$5.45 per pound.

The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) gained 2.74 percent to end Friday at 564.72.

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. 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. Bayhorse Silver (TSXV:BHS)

Weekly gain: 73.33 percent
Market cap: C$31.13 million
Share price: C$0.13

Bayhorse Silver is a silver-focused company currently working to bring the Bayhorse silver, copper and antimony mine in Oregon, US, back online.

The mine was originally in operation until late 1984 and closed when the price of silver dropped to under US$6 per ounce. Historic sampling during the 1980s identified grades of 2,146 grams per metric ton (g/t) silver, and a bulk sampling program conducted by Bayhorse in 2014 found bonanza grades of 150,370 g/t silver.

The company has continued to explore the property and, in October 2018, produced a maiden resource estimate that showed the property hosts inferred resources of 6.33 million ounces of silver from 292,300 US tons of ore with an average grade of 21.65 ounces per US ton.

Bayhorse anticipates receiving complete operating permits for the mine in mid-2026 and achieving full production in 2027.

Although the company did not release news this week, shares surged alongside the silver price, reaching new all-time highs.

2. Omineca Mining and Metals (TSXV:OMM)

Weekly gain: 72.73 percent
Market cap: C$14.42 million
Share price: C$0.095

Omineca Mining and Metals is a gold exploration and mining company working to advance its Wingdam project in British Columbia, Canada.

The project, a 50/50 joint venture with D&L Mining, consists of 61,329 hectares of hard rock and placer claims within the Cariboo mining district. The site currently hosts mining operations focused on extracting placer gold from gravels 50 meters beneath Lightning Creek.

According to the company, the mine is extracted through gravity separation, which uses an existing reusable water supply without chemicals, mill waste or tailings.

On Thursday (December 4) the company announced it had mobilized for an eight-hole, 4,000 meter, winter drill program at Wingdam. Exploration will focus on following up on mineralization discovered during the 2024 program and at depths below the Wingdam underground placer workings.

The company stated that drilling will continue until the end of December and that results will be released early in 2026.

Shares surged after Omineca’s Friday news that it restarted underground placer gold recovery at the site, with gold recovered via the company’s water wash plant and shaker table.

3. Selkirk Copper Mines (TSXV:SCMI)

Weekly gain: 57.3 percent
Market cap: C$74.56 million
Share price: C$0.70

Selkirk Copper Mines is a gold and copper exploration and development company working to advance the Minto mine project in the Yukon, Canada.

The property covers 26,850 hectares of mineral tenure centered around the past-producing Minto copper-gold-silver mine. The mine was abandoned in 2023, but was purchased by the Selkirk First Nation earlier in 2025, becoming the first Indigenous nation in Canada to own a mine.

On July 7, Selkirk Copper Mines released an updated mineral resource estimate for the project demonstrating a total indicated resource of 333.8 million pounds of copper, 186,600 ounces of gold and 1.73 million ounces of silver from 12.59 million metric tons of ore with average grades of 1.2 percent copper, 0.46 grams per metric ton (g/t) gold and 4.3 g/t silver.

Shares in Selkirk Copper posted gains this week after a pair of news releases.

The first came on Monday (December 1), when the company released initial drill results from exploration activities at the North West Zone. Highlighted assays included one hole with 2.39 percent copper, 0.32 g/t gold and 11.61 g/t silver over 23.4 meters, which included an intersection with 5.21 percent copper, 0.47 g/t gold and 26.68 g/t silver over 8.7 meters.

The results are part of a larger 50,000 meter campaign, the first to be carried out by Selkirk Copper Mines at the property, which has been designed to test the size and continuity of the North West zone. The company said that results have met and exceeded expectations.

The second release came on Tuesday (December 2) when the company announced that it had appointed Selkirk First Nations citizens Kevin McGinty as Vice President of Lands and Environment, and Morris Morrison as Manager of Community Relations.

4. Iconic Minerals (TSXV:ICM)

Weekly gain: 52.94 percent
Market cap: C$18.66 million
Share price: C$0.13

Iconic Minerals is an exploration company focused on its New Pass Gold property in Nevada, United States.

The project is a 50/50 joint venture with McEwen Mining and comprises 107 mining claims covering 2,140 acres in northern Nevada. According to the project page, New Pass hosts a gold equivalent inferred resource of 341,750 ounces.

In addition to New Pass, the company also owns the Midas South gold project, Smith Creek Valley, Grass Valley, and the Bonnie Claire lithium projects, all in Nevada.

Shares in Iconic posted gains this week, but the company has not released news since October 17, when it announced that it had entered into negotiations for a private placement to raise gross proceeds of C$2.55 million. The company said it intends to use the proceeds to fund exploration at New Pass and general working capital.

5. Scandium Canada (TSXV:SCD)

Weekly gain: 50 percent
Market cap: C$43.52 million
Share price: C$0.135

Scandium Canada is a scandium exploration company working to advance its Crater Lake scandium project in Northern Québec, Canada. The property consists of 96 contiguous claims covering an area of 47 square kilometers. To date, the company has identified five primary zones of interest at Crater Lake.

An updated mineral resource estimate, released on May 12, shows an indicated resource of 16.3 million metric tons of ore at an average grade of 277.9 grams per metric ton (g/t) scandium oxide, plus an inferred resource of 20.9 million metric tons at 271.7 g/t. The MRE also included grades of other rare earths at the project.

Scandium was recently added to the list of eligible minerals under the Clean Technology Manufacturing Investment Tax Credit in the Canadian budget, which passed on November 17.

The most recent news from the company came on November 17, when it announced that it entered into a definitive agreement to sell its La Roncière gold project to a subsidiary of Barrick Mining (TSX:ABX,NYSE:B).

Under the terms, Scandium Canada will receive an initial payment of C$390,000, followed by an additional C$200,000 upon the condition that Barrick completes a pre-feasibility study with specific minimum gold content in the mineral resource.

Although it released no news this week, Scandium Canada’s share price jumped significantly Tuesday.

The gains may be related to the Wall Street Journal reporting on Monday that Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) was eyeing a sale of its scandium production facility in Sorel-Tracy, Québec, as part of a larger asset sale in the province. Rio Tinto confirmed these plans on Thursday.

The news came one month after a commitment by Canada to make a C$25 million royalty investment in the site through the Canada Growth Fund to shore up domestic supply of the critical mineral.

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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Tech Weekly: S&P 500 Closes Near Record Ahead of Fed Interest Rate Decision

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We also break down next week’s catalysts to watch to help you prepare for the week ahead.

In this article:

    This week’s tech sector performance

    Major US equity indexes opened the month lower on Monday (December 1), with Big Tech and crypto‑linked stocks under pressure after Bank of Japan Governor Kazuo Ueda spoke to business leaders in Nagoya.

    During his speech, Ueda said the BoJ will weigh “pros and cons” of a rate hike at its December 18-19 meeting, fueling yen carry trade fears. The unwind echoed August 2024 volatility but stayed contained.

    By Tuesday (December 2), large indexes had stabilized and moved higher, helped by ongoing enthusiasm for AI infrastructure names after MongoDB (NASDAQ:MDB) reported its third quarter revenue after hours on Monday, beating estimates and igniting a rally for cloud and software companies.

    Major indices closed higher, and markets pushed further up on Wednesday (December 3) on weak ADP jobs data, boosting Fed cut odds to 85 percent; however, AI demand doubts surfaced amid reported high-bandwidth memory shortages.

    On Thursday (December 4), the S&P 500 (INDEXSP:.INX) ticked up slightly premarket, then flattened, while the Nasdaq Composite (INDEXNASDAQ:.IXIC) dipped amid yield pressure.

    Tech weakened as investors took profits before rotating into small caps.

    The week culminated with the S&P 500 closing near record levels on Friday (December 5), while the Nasdaq also notched gains after a week of volatility and leading up to next week’s Federal Reserve meeting.

    3 tech stocks moving markets this week

    1. MongoDB (NASDAQ:MDB)

    MongoDB, a database company, surged after-hours on Monday after Q3 earnings beat estimates.

    The company reported US$628 million in revenue, far past expectations of US$594. Earnings per share came in at US$1.32, blowing past expectations of US$0.79. Revenue for Atlas, MongoDB’s fully managed cloud database service, grew by 30 percent from last year’s report, driven by AI workloads.

    The company raised its 2026 fiscal year guidance, sparking a rally that extended into Tuesday’s trading day, lifting cloud peers such as Snowflake (NYSE:SNOW) and Datadog, as well as enterprise software like Oracle (NYSE:ORCL) and ServiceNow (NYSE:NOW).

    2. Marvell Technology (NASDAQ:MRVL)

    Marvell Technology announced plans to acqure optical chip startup Celestial AI for US$3.25 billion in a mix of cash and stock on Wednesday, sending its shares up by over 10 percent.

    The company plans to harness Celestial’s Photonic Fabric to accelerate photonics tech for AI data centers.

    “The acquisition of Celestial AI is a transformative step in Marvell’s evolution and expands our leadership in AI connectivity, as scale-up becomes the next frontier in AI infrastructure,” said Matt Murphy, Chair and CEO of Marvell. “This builds on our technology leadership, broadens our addressable market in scale-up connectivity, and accelerates our roadmap to deliver the industry’s most complete connectivity platform for AI and cloud customers.”

    After the announcement, Roth Capital Markets analyst Suji Desilv raised his price target for Marvell to US$135 from US$150, reiterating a “buy” rating.

    3. Salesforce (NYSE:CRM)

    Shares of Salesforce jumped over eight percent postmarket on Wednesday after the company reported a strong performance in Q3 that surpassed analyst expectations. Revenue rose 9 percent year-on-year to US$10.3 billion, meeting estimates, while EPS of US$3.25 surpassed expectations of US$2.41.

    The company’s AI agent platform, Agentforce, exploded with nearly US$1.4 billion in combined Agentforce/Data 360 bookings growth, up 114 percent YoY. Further fueling positive investor sentiment, the company raised FY26 revenue guidance to between US$41.45 and US$41.55 billion, reaffirming its +US$60 billion revenue target by FY30.

    Salesforce, MongoDB and Marvell performance, December 1 to 5, 2025.

    Salesforce, MongoDB and Marvell performance, December 1 to 5, 2025.

    Chart via Google Finance.

    Top tech news of the week

          Tech ETF performance

          Tech exchange-traded funds (ETFs) track baskets of major tech stocks, meaning their performance helps investors gauge the overall performance of the niches they cover.

          This week, the iShares Semiconductor ETF (NASDAQ:SOXX) advanced by 5.59 percent, while the Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) saw a weekly gain of 5.36 percent.

          The VanEck Semiconductor ETF (NASDAQ:SMH) increased by 4.38 percent.

          Tech news to watch next week

          Investors will be watching for signals ahead of the Federal Reserve’s rate decision on December 18. As of Friday afternoon, the market had priced in a rate cut at odds of over 90 percent.

          Growth stocks could sell off hard next week if a cut is delayed.

          The Bank of Japan’s interest rate decision on December 19 is another key event. A rate hike could trigger an unwind of the yen carry trade, potentially causing another dip in tech stocks.

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

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          Crypto Market 2025 Year-End Review

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          Q4 started strong for crypto and DeFi after a broadly bullish Q3, but the markets quickly slid into fear and uncertainty as hopes of macro easing faded and amid renewed artificial intelligence (AI) overvaluation fears.

          Over-leveraged positions in Bitcoin and DeFi unraveled, triggering forced selling and a painful reset.

          Risk-off sentiment sent Bitcoin falling from an all-time high near US$126,000 in October to a late-November trough below US$86,000. It had stabilized in the US$92,500 to US$93,000 range by early December.

          Q4 marked Bitcoin’s second worst quarterly return after 2022’s post-peak capitulation.

          “Yet beneath the volatility, the market showed growing maturity: capital and developer attention shifted toward utility-driven sectors. This quarter reinforced that the next phase of crypto growth is being built on fundamentals, not leverage,’ said Elkaleh, also noting a decisive shift in Q4 from short-term trading to long-term portfolio integration.

          “Compared to Q3, Q4 showed a clear pivot toward tokenized assets, stablecoins and on-chain yield instruments becoming core allocations,’ he continued. In his view, the shift reflects confidence in crypto’s key role in global finance.

          Keep reading to learn more about what trends drove the crypto market in 2025.

          Bitcoin price in Q4

          During the fourth quarter, cryptocurrencies traded in line with broader tech market and AI volatility — when high-growth AI stocks sold off, risk appetite faded across Bitcoin, DeFi and AI-themed tokens.

          Bitcoin price, October 1 to December 5, 2025.

          Bitcoin price, October 1 to December 5, 2025.

          Chart via CoinGecko.

          At the infrastructure level, Bitcoin miners pivoted aggressively into high-performance computing and AI workloads. Companies like Hive Digital Technologies (TSXV:HIVE,NASDAQ:HIVE) have repurposed data centers to rent GPU capacity to AI firms, using the same power infrastructure for steadier HPC revenue alongside mining.

          This convergence deepened ties between crypto energy assets and the AI buildout.

          Privacy coins showed relative strength amid the downturn, led by Zcash’s roughly 700 percent rally from September lows on technical upgrades and accumulation, although most still corrected with the market after peaking.

          Growing crypto utility and infrastructure

          Despite liquidity outflows, infrastructure quietly expanded with new tokenized assets, cross-chain tools and exchange-traded funds (ETFs). US spot Bitcoin ETFs now hold 1.36 million BTC, roughly 6.9 percent of the circulating supply, with total AUM at US$168 billion, according to data cited by analysts for Coinglass and Fasanara.

          In mid‑September, the US Securities and Exchange Commission (SEC) approved generic listing standards for commodity‑based trust shares, cutting maximum approval timelines for exchanges to list qualifying spot crypto ETFs to about 75 days. That decision set the stage for a wave of new altcoin and staking ETFs in Q4.

          Meanwhile, new long‑dated and continuous futures gave institutions better tools to hold or hedge exposure. Cross‑chain liquidity routers and higher‑quality oracle data also reduced fragmentation and pricing risk across chains.

          “The market’s underlying strength lies in the accelerating adoption of tokenization, stablecoins and DeFi infrastructure, supported by steady institutional inflows and scalable technical progress,’ Elkaleh said.

          Growing utility was evident in product adoption.

          Tokenized cash and bonds helped grow the on‑chain liquidity pool, and the launch of SPXA, the first licensed S&P 500 (INDEXSP:.INX) token, quickly drew over US$500 million from institutions during Bitcoin’s Q4 crash.

          Parallel‑EVM chains aimed to add scalable blockspace compatible with Ethereum tools, while regulated prediction markets like Kalshi and Polymarket emerged as a new channel for event‑driven trading and liquidity.

          Finally, the decentralized perpetual sector experienced explosive and sustained growth as the fourth quarter progressed, capturing 16 percent of the global perpetual trading volume.

          Leading exchange Hyperliquid became a top crypto asset by fee revenue, demonstrating a structural migration away from centralized trading and toward on-chain systems built for performance and transparency.

          US regulatory clarity unlocks TradFi integration

          Q4’s US government shutdown stalled a bipartisan market structure bill in Congress, delaying a split on spot trading oversight between the Commodity Futures Trading Commission (CFTC) and the SEC.

          In mid-November, a Senate committee released a bipartisan discussion draft, giving the CFTC clearer authority over spot digital commodities; however, it will not be voted on until at least 2026.

          Despite this speed bump, joint guidance from the SEC and CFTC makes clear that regulated exchanges and banks can list and hold certain crypto assets under the existing rules.

          The SEC’s Project Crypto speeches in mid‑November also lay out a token classification and exemption framework: digital assets, including network tokens, collectibles and utility tools ,are classified as commodities, while tokenized securities, such as on-chain stocks and bonds, are to remain under normal SEC rules.

          This regulatory clarity has unlocked progress in TradFi integration for the crypto market.

          Q4 saw large banks begin using blockchains for payments and settlement.

          JPMorgan Chase (NYSE:JPM) launched a USD deposit token on Base, with clients like Mastercard (NYSE:MA) and B2C2 successfully testing transactions for near-instant 24/7 settlement. Ant International teamed with UBS Group (NYSE:UBS) on tokenized-deposit cross-border payments.

          Meanwhile, on‑chain collateral networks for traditional assets moved closer to production.

          These networks deal in tokenized securities, such as tokenized bonds and credit, allowing these macro assets to be used as efficient collateral in the decentralized ecosystem.

          “Institutional money is finally treating tokenization as a real use case, not a science project,” said Nicolas Mersch, portfolio manager at Purpose Investments. “Tokenized Treasuries and money-market funds are leading, with tokenized real estate and private credit close behind. The appeal is straightforward: faster settlement, better collateral mobility, and lower operational friction for banks and asset managers.”

          SEC Chair Paul Atkins also floated future crypto regulation with tailored disclosures and exemptions, giving tokens a regulated path from fundraising phase to regular trading.

          Regulatory clarity also led to a surge in market capitalization for stablecoins. The stablecoin market surged to an all-time high of over US$290 billion in Q4, accelerated by clearer US regulations.

          “Segments such as privacy assets, decentralized AI and stablecoin ecosystems weathered the downturn more effectively because they are tied to practical use cases and diversification strategies,” explained Elkaleh. “These areas are less dependent on speculative leverage and more on real demand, creating a buffer against the volatility that disproportionately affects Bitcoin as a high-beta macro asset.”

          Investor takeaway

          The painful leverage reset seen in 2025’s fourth quarter has laid a much healthier foundation for the market, confirming the shift from speculation to fundamental utility. The dominant trends of institutional real-world asset integration and regulatory clarity are setting the stage for a dramatic acceleration in 2026.

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

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          Trump administration warned to take front seat as UN chief race shifts left, boosting anti-US contenders

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          The Trump administration is being urged to go on offense and make sure the next United Nations chief is aligned with U.S. and Western values and doesn’t kowtow to what critics say is an increasingly anti-American institution.

          U.N. Secretary-General António Guterres’ tenure ends Dec. 31, 2026. The former socialist prime minister of Portugal’s tenure has been beset with major wars and crises that have led to accusations of bias against him, especially when it comes to Israel. 

          Experts agree the Trump administration needs to keep a close handle on who is best to serve the interests of the U.S.

          Anne Bayefsky, director of the Touro Institute on Human Rights and the Holocaust and president of Human Rights Voices, told Fox News Digital, ‘As long as the United States continues to make the mistake of being the largest bankroller of the United Nations and in keeping U.N. headquarters (some call a fifth column) a stone’s throw from our financial capital, it ought to care deeply about who leads the organization.’

          Jonathan Wachtel, a former director of communications and a senior policy advisor at the United States Mission to the United Nations to U.S. ambassadors Nikki Haley and Kelly Craft, said, ‘Since its inception, the United Nations has been a frontline of the Cold War, and today it is increasingly a frontline of hostility toward the United States.

          ‘As the Security Council prepares for its mid‑2026 straw polls, we face the stark reality that Russia and China can veto any candidate who reflects our values, even as they work to undermine U.S. foreign policy and erode Western principles. The next secretary‑general must … be a leader with backbone and conviction to champion the ideals on which the U.N. was founded, and the United States has long stood — life, liberty and the pursuit of happiness for as many people as possible.’

          With just over a year to go for the selection process, member states have begun to nominate candidates who best fit their national interests. 

          Brett Schaefer, a senior fellow at the American Enterprise Institute, told Fox News Digital that of the candidates named thus far, few would be considered acceptable to the U.S. 

          ‘The announced and rumored candidates … are, for the most part, either U.N. insiders or on the left side of the political spectrum,’ Schaefer said. ‘It’s hard to say that the U.S. would be willing to support any of them at the current stage.’

          As electioneering gets underway, Hugh Dugan, former National Security Council special assistant to the president and senior director for international organization affairs, told Fox News Digital, ‘After campaigns and a series of straw pulls and eliminations of candidates, members of the Security Council will present the U.N. General Assembly with a preferred candidate for their formal acceptance late next year.’

          Dugan said that custom would indicate that the next secretary-general should come from Latin America. He also emphasized that there is an appetite to appoint a woman after 15 years of calls for a female secretary-general.

          ‘If they really are to take the helm of a suffering, more or less irrelevant and unmanageable organization like this, they’re going to have to show up as managers,’ Dugan said.

          In the midst of the election’s ‘three-ring circus,’ he said, there are six candidates who have officially been named and an additional eight who are considered possible contenders for the role.

          The declared candidates

          Seemingly the most palatable candidate for the U.S. of those declared is the current head of the International Atomic Energy Agency, Rafael Grossi of Argentina. An Argentine diplomat, Grossi has been dealing with Iran’s ambition to develop nuclear weapons while also working to prevent a nuclear disaster in Russia’s war against Ukraine. 

          Schaefer said Grossi is ‘probably the most acceptable among the candidates that have been listed so far’ given the ‘great deal of courage’ he has shown in his role at the IAEA.

          Others include former Bolivian Vice President David Choquehuanca. A member of the Movement for Socialism, Choquehuanca once expressed his disdain for Western thinking after his election as Bolivia’s foreign minister. 

          Former Chilean President Michelle Bachelet was the U.N. high commissioner for human rights between 2018 and 2022. U.N. Watch said that, in this role, Bachelet often condemned Israel and the U.S. but ‘turned a blind eye to widespread violations by China, Turkey, North Korea, Cuba, Eritrea’ and others.

          According to Schaefer, it is ‘extraordinarily unlikely that [Bachelet] would receive support from the U.S.’ given her political leanings and her ‘remarkable lack of bravery in the conduct of her position as the high commissioner for human rights.’

          Former Vice President of Costa Rica Rebeca Grynspan, who headed the U.N. Conference on Trade and Development (UNCTAD), had recommended regulation as a means ‘to address the deepening asymmetries’ of international finance.

          Schaefer said Grynspan would not ‘be an ideal candidate from a U.S. perspective’ because her 30-year U.N. career makes her a ‘consummate insider’ who would likely be unwilling ‘to shake up the system.’

          The field is rounded up by two outside candidates, Colombe Cahen-Salvador, a left-wing political activist and co-founder of the Atlas Movement, and Bruno Donat, a joint Mauritius-U.S. citizen and official at U.N. Mine Action Service.

          Possible candidates

          Though they have not been officially named by a member state, Dugan listed several other officials that are likely to be nominated in the coming months. Many come from the left of the political aisle and are unlikely to get the backing of the Trump administration. 

          Jacinda Ardern is a former prime minister of New Zealand who resigned from the role but is considered ‘a global icon of the left.’ Schaefer noted that Ardern’s prior resignation is not ‘a ringing endorsement’ of her capability to take on the demanding role of secretary-general.

          Mexico’s former top diplomat, Alicia Bárcena, has 14 years of experience as the head of the U.N.’s Economic Commission for Latin America and the Caribbean. She is the secretary of environment and natural resources. 

          Other names include María Fernanda Espinosa, formerly defense and foreign minister of Ecuador; Nigeria’s Amina Mohammed, U.N. deputy secretary‑general; Kristalina Georgieva, managing director of the International Monetary Fund since 2019 of Bulgaria; and former head of the U.N. Development Programme Achim Steiner of Germany.

          ‘A long list of anti-American secretaries-general, topped off by the profoundly hostile Antonio Guterres, have done enormous damage to America’s international relations, fueled antisemitism on a global scale and gravely diminished global peace and security,’ Bayefsky said.

          ‘We take a back seat in this election at our peril.’


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