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President-elect Trump is expected to pick Stephen Miller as deputy chief of staff for policy in his administration. 

Vice President-elect JD Vance posted a message of congratulations to Miller on X Monday morning.

‘This is another fantastic pick by the president,’ Vance wrote, following a CNN report about Trump’s pick. 

Miller was a senior adviser in Trump’s first term. He helped craft many of Trump’s hard-line speeches and plans on immigration. 

Since Trump left office, Miller has served as the president of America First Legal, an organization of former Trump advisers fashioned as a conservative version of the American Civil Liberties Union, challenging the Biden administration, media companies, universities and others over issues such as freedom of speech and religion and national security.

Miller has advocated for mass deportations during a second Trump term. He spoke at Trump’s massive rally at Madison Square Garden in New York City. 



‘I want you to think for a minute about the decades of abuse that has been heaped upon the good people of this nation, their jobs looted and stolen from them and shipped to Mexico, Asia and foreign countries, the lives of their loved ones ripped away from them by illegal aliens, criminal gangs and thugs who don’t belong in this country,’ Miller told the packed Manhattan venue. ‘A political system that punishes working citizens, oppresses them at every turn, takes away the rights of free speech, the right to political expression, the right to fundamental safety in their own country. One man dared to step forward nine years ago and say enough, no more. America gets its future back.’ 

Miller spoke of the indictments and lawsuits Trump has faced, adding that the former president ‘took a bullet for democracy’ – a reference to the assassination attempt against Trump in Butler, Pa. 

He also spoke of high profile cases of illegal immigrant suspects being charged with the rape and murder of women and girls. 

‘He was fighting for your children, for your wives, your husbands, everyone that you love and know in the world the right to live in a country where criminal gangs cannot just cross our border and rape and murder with impunity,’ Miller said of Trump. ‘Think about how corrupt and hateful and evil a system is that allows gangs to come into this country and rape and murder little girls.’ 

The Associated Press contributed to this report. This is a developing story. Check back for updates.


This post appeared first on FOX NEWS

The Democratic Party is soul-searching in the wake of last week’s stunning setbacks both in the presidential election and the down-ballot races.

A wave of incriminations and finger pointing is well underway, and more earnest autopsies of what went wrong and how to make corrections will soon commence.

Concurrent with those efforts are talks about who will steer the Democratic Party going forward, and looking down the road, which potential contenders may eventually make a bid to lead the party in the next presidential election.

While 2028 may seem like a long way away, recent history shows that the early moves in the next White House race start – well – very early.

The unofficial starting gun for the 2024 race was fired by former President Donald Trump less than two months after leaving the White House, with a CPAC speech that teased his eventual 2024 presidential campaign.

A few weeks later, the first visits to the key early voting states of Iowa and New Hampshire by potential GOP presidential contenders were also underway.

Fast-forward four years and expect similar actions by Democratic politicians who may harbor national ambitions. With the soon-to-be 82-year-old President Biden exiting the national stage, and Vice President Kamala Harris, in the wake of her sound defeat last week by Trump, retrenching, the road to the 2028 nomination appears wide open.

‘The jockeying for 2028 took a brief pause when Harris became the nominee and looked to be in a strong position, which would have meant shutting out potential candidates for the next 4 to 8 years. Now, though, it’s wide open, and it won’t be long before we see clear maneuvering from a litany of candidates,’ seasoned Democratic political strategist Chris Moyer told Fox News.

Moyer, a veteran of a handful of presidential campaigns, noted that ‘this will include travel to states like New Hampshire and South Carolina and Nevada, presumably under the auspices of helping candidates in the midterms. Democratic voters in the early states will soon want to find someone they can get excited about and a future to look forward to in the midst of the misery of another four years of Trump in the White House. These potential candidates will be more than happy to oblige.’

The results of the 2026 midterm elections will have a major impact on the shape of the next White House race.

For now, however, here is an initial look at Democratic Party politicians considered to be potential 2028 presidential contenders.

California Gov. Gavin Newsom was a top surrogate for President Biden during the president’s re-election bid. With the blessing of the White House, the two-term California governor debated then-Republican presidential candidate and Florida Gov. Ron DeSantis last year on Fox News. 

Newsom’s travels on behalf of Biden brought him to New Hampshire and South Carolina, two crucial early voting states on the Democratic Party’s nominating calendar.

After the vice president, his friend and fellow Californian, replaced Biden atop the Democrats’ 2024 ticket, the governor continued – after a pause – his efforts to keep Trump from returning to the White House.

With Trump’s election victory last week, Newsom became one of the Democratic Party leaders getting ready to lead the opposition. The governor announced that California state lawmakers would meet to quickly take legislative action to counter Trump’s likely upcoming agenda.

The 57-year-old Newsom’s second term in Sacramento will finish at the end of next year, right around the time the 2028 presidential election will start to heat up.

Illinois Gov JB Pritzker, similar to Newsom, is already taking steps to Trump-proof his state.

‘You come for my people, you come through me,’ Pritzker told reporters of his efforts to protect Illinois.

Pritzker was also a high profile surrogate on behalf of Biden and then Harris during the 2024 cycle. Those efforts brought Pritzker to Nevada, a general election battleground state and an early voting Democratic presidential primary state, and New Hampshire.

However, before he makes any decision about 2028, the 59-year-old governor must decide if he will run in 2026 for a third term steering Illinois.

Two-term Michigan Gov. Gretchen Whitmer grabbed plenty of attention and became a Democratic Party rising star in 2020 when she feuded with then-President Trump over COVID pandemic federal assistance and survived a foiled kidnapping attempt.

Trump, at the time, called her ‘that woman from Michigan.’

Along with Newsom and Pritzker, Whitmer’s name was floated as a possible replacement for Biden following his disastrous debate performance against Trump in late June, before the president endorsed Harris and the party instantly coalesced around the vice president.

Whitmer was a leading surrogate for Biden and then for Harris and made a big impression on Democratic activists during a stop this summer in New Hampshire on behalf of Harris.

The governor is term-limited and will leave office after the end of next year.

Gov. Josh Shapiro, the 51-year-old first-term governor of Pennsylvania, was on Harris’ short-list for vice presidential nominee.

Even though the vice president named Minnesota Gov. Tim Walz as her running mate, Shapiro remained a top surrogate on behalf of his party’s 2024 national ticket. 

However, his two-day swing in New Hampshire during the final full week ahead of Election Day did raise some eyebrows and 2028 speculation.

After Harris lost battleground Pennsylvania to Trump, there was plenty of talk within the party that Harris had made the wrong choice for her running mate.

Shapiro, who has a track record of taking on the first Trump administration as Pennsylvania attorney general, is expected to play a similar role with the former president returning to the White House.

The governor will be up for re-election in 2026.

Maryland Gov. Wes Moore is considered by many to be another Democratic Party rising star.

The 46-year-old Army veteran, Rhodes Scholar and CEO of the charitable organization the Robin Hood Foundation during the coronavirus pandemic was elected two years ago.

Moore will be up for re-election in 2026.

Transportation Secretary Pete Buttigieg, who surpassed expectations during his 2020 Democratic presidential nomination run, was a very active surrogate on behalf of Biden and later Harris, during the 2024 cycle.

He helped raise a lot of money for the Democratic Party ticket, including heading a top-dollar fundraiser in New Hampshire.

The 42-year-old former South Bend, Indiana, mayor and former naval officer who served in the war in Afghanistan, is considered one of the party’s biggest and brightest stars. He was known as a top communicator for the administration, including making frequent appearances on Fox News.

The 46-year-old Kentucky Gov. Andy Beshear, who was elected governor in 2019 and then re-elected in 2023 in red-state Kentucky, was also on Harris’ larger list for running mate.

Beshear made plenty of new friends and contacts as he ventured to New Hampshire last month to headline the state Democratic Party’s annual fall fundraising gala.

Beshear served as Kentucky’s attorney general before running for governor.

Georgia Sen. Raphael Warnock, 55, will likely be a major player in Washington as the Democratic minority in the Senate fights back against the second Trump administration.

Warnock, who won Senate elections in 2020 and 2022 in battleground Georgia, served as senior pastor at the famed Ebenezer Baptist Church in Atlanta, where Martin Luther King Jr. once preached.

He is up for re-election in the Senate in 2028.

New Jersey Sen. Cory Booker, who ran for the 2020 Democratic presidential nomination, is considered one of the party’s most talented orators.

Thanks to his 2020 run, Booker made plenty of friends and allies in such early states as New Hampshire and South Carolina.

The senator is up for re-election in 2026.

Rep. Ro Khanna, 48, was a tireless surrogate on behalf of Biden and then Harris. 

He has been a regular visitor to New Hampshire the past couple of years, including a high-profile debate last year against then-GOP presidential candidate Vivek Ramaswamy.

North Carolina Gov. Roy Cooper, 67, who is finishing up his eighth and final year as governor, took his name out of the Harris running mate speculation early in the process this summer.

Cooper served 16 years as North Carolina attorney general before winning election as governor.

New Mexico Gov. Michelle Lujan Grisham, 65, is halfway through her second term steering New Mexico.

The governor, a former member of Congress, was a high-profile and busy surrogate on behalf of Harris during the final weeks of the 2024 campaign.

No list would be complete without including the vice president.

The 60-year-old Harris finishes up her term as vice president in just over two months, with no concrete plans for what’s next.

However, while the party wants to move on from the Biden/Harris era following Trump’s sweeping victory, and there is little history of Democrats yearning for past defeated presidential nominees, potential buyers’ remorse of a second Trump administration could boost Harris in the years to come.

The 60-year-old Minnesota governor has two years remaining in his second term in office.

While his energy and enthusiasm on the campaign trail the past three months impressed plenty of Democratic strategists, the final results of the election will make any potential future national run for Walz difficult.


This post appeared first on FOX NEWS

HIGHLIGHTS

  • 14.7 g/t gold (‘Au’) over 59 metres (‘m’), or 868-gram-metres gold, from 96m downhole, including 22.4 g/t Au over 21m from 143m downhole in Hole OEDD-100.

  • OEDD-100 is a ‘scissor’ hole collared:

    • 200m southwest of hole OEDD-83, which previously returned 26 g/t Au over 57m; and

    • 25m east of OEDD-88, which previously returned 20 g/t Au over 29m.

  • Awalé has reported three of the highest-grade intercepts in West Africa over the past 12 months.

  • Uniform mineralization across reported intersection, with no nugget effect.

  • Results confirm a very high-grade gold zone with strong continuity and significant resource potential, with a 200m-long corridor identified.

Vancouver, British Columbia–(Newsfile Corp. – November 11, 2024) – Awalé Resources Limited (TSXV: ARIC) (‘Awalé‘ or the ‘Company‘) is pleased to report the final four holes from the Charger target at the Odienné Project, including 14.7 g/t Au over 59m in drill hole OEDD-100. Today’s results mark the culmination of a successful drilling campaign, highlighted by the previously reported intercept of 26 g/t Au over 57 metres in hole OEDD-83 and 20 g/t Au over 29m in hole OEDD-88.

‘We have now established the breccia’s true width at over 30 metres, within a 200-metre strike length of breccia mineralization, and the very high-grade gold is concentrated in fold hinges within this corridor. Importantly, our understanding of Charger’s structure has evolved, allowing us to test our new fold model within the current corridor and step out to explore potential parallel zones. With this refined structural model, we’re confident in continuing our success at Charger.

We are very pleased with the latest results and the successful outcome of this drill campaign, which delivered multiple high-grade hits at Charger and drilling through 100m of the target breccia body at depth. These holes established both grade and geological continuity of the breccia mineralization. The 14 g/t Au over 59m in hole OEDD-100 has exhibited the same grade consistency across the reported interval as the previous high-grade hits. We have also ramped up our new field season last week, commencing a 4000m diamond drill program at BBM and Charger,’ commented Andrew Chubb, CEO of Awalé Resources.

LINK TO Charger’s Drill Core Photos with Gold Grade on OEDD-100

LINK TO Charger Hi-res Figures

LINK to Webinar on Charger

Uniform Mineralization

As with drill holes OEDD-83 and OEDD-88, OEDD-100 delivered consistently high-grade gold mineralization throughout the reported interval. The Core Photos show the gold grade consistency within the 1-metre assays from the reported interval in OEDD-100, reinforcing the consistent and robust mineralization in this hole along with the previously reported high-grade intervals in OEDD-83 and OEDD-88.

Cannot view this image? Visit: https://insiderlegacysecret.com/wp-content/uploads/2024/11/229444_176619bed46f5a33_002.jpg

Figure 1: 3D Plan View for the Charger Zone; showing logged breccia distribution in red, and the corridor of breccia mineralization trending from southwest to northeast. Red lines highlight a 200m mineralized Corridor, folding has been identified in drilling both within and outside this corridor, there is opportunity to find parallel corridors, and multiple fold hinges within each corridor.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10016/229444_176619bed46f5a33_002full.jpg

New Charger Structural Interpretation: A Folded Model

The high-grade breccias are now understood to be controlled by folding within the Charger Intrusive, with very high-gold grades developing in the fold hinge(s). The Company has now separated gold results pertaining to interpreted hinge and limb zones, with interpreted fold hinges displaying significantly higher gold results than the limb zones (see Table 1) with average gold grade in the hinge zone at 735-gram x metres versus 38-gram x metres in the limbs. The Company will be drill testing the fold model within the current corridor as well as step-out and test for other parallel zones starting in late Q4 2024 into Q1 2025.

Cannot view this image? Visit: https://insiderlegacysecret.com/wp-content/uploads/2024/11/229444_176619bed46f5a33_003.jpg

Figure 2: 3D Long Section looking northwest through the Charger breccia mineralization, again the red zones are breccia intercepted in drilling, along with OEDD-99 which has intercepted 100m of breccia – the system is open at depth as well as along strike.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10016/229444_176619bed46f5a33_003full.jpg

Table 1: Weighted-Average Gold Grades in Interpreted Hinges and Limbs*.

Hole ID From (m) To (m) Interval (m) Gold g/t GxM Fold Geometry
OEDD0083 165 205 56 26.00 1456 Hinge
OEDD0085 177 196 21 1.70 36 Hinge
OEDD0088 149 178 29 20.00 580 Hinge
OEDD0100 143 199 59 14.70 867 Hinge
Average 735
OEDD0045 89 100 11 5.41 59.51 Limb
OEDD0045 117 127 10 1.86 18.60 Limb
OEDD0083 210 219 9 1.56 14.04 Limb
OEDD0083 232 236 4 1.77 7.08 Limb
OEDD0085 203 212 9 8.68 78.12 Limb
OERC0132 74 82 8 7.29 58.32 Limb
OERC0132 96 107 11 2.63 28.93 Limb
Average 38
*The intercepts reported in the Table 1 may not be the same as previously reported, as they have been selected based on geology and broken down to ‘Hinge’ or ‘Limb’ zones.

Cannot view this image? Visit: https://insiderlegacysecret.com/wp-content/uploads/2024/11/229444_176619bed46f5a33_004.jpg

Figure 3: Cross Section showing inferred fold hinge controlling high-grade gold mineralization in drill holes OEDD-83 and OEDD-100. Note the lower grade sections in the limbs from the deeper mineralization in OEDD-83 – See the ‘limb’ intercepts shown in Table 1 with 56m at 26 g/t Au in the hinge and 9m at 1.6 g/t Au and 4m at 1.8 g/t Au in the limbs.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10016/229444_176619bed46f5a33_004full.jpg

Cannot view this image? Visit: https://insiderlegacysecret.com/wp-content/uploads/2024/11/229444_176619bed46f5a33_005.jpg

Figure 4: 2D Plan View, Charger drill collars over simplified geology, drill holes from this release highlighted in red.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10016/229444_176619bed46f5a33_005full.jpg

Table 2: All Significant Intercepts from this Phase of Drilling at the Charger Zone.

Hole From (m) To (m) Length (m) Au (g/t) Ag (g/t) Cu (ppm) Mo (ppm) GxM Au Depth (m) Easting Northing RL Azi. Dip
OEDD0084 64.0 65.0 1.0 0.7 1.9 425 2 1 179.2 647690 1032316 472 155 -55
OEDD0084 69.0 139.0 70.0 1.2 2.3 611 2 84
including 118.0 119.0 1.0 5.4 2.0 568 1 5
and 143.0 144.0 1.0 1.0 0.5 42 1 1
OEDD0085 55.0 56.0 1.0 0.8 0.8 117 1 1 260.0 647759 1032374 471 186 -55
and 64.0 69.0 5.0 0.4 0.5 274 8 2
and 117.0 118.0 1.0 1.9 0.2 82 2 2
and 137.0 138.0 1.0 1.3 0.3 121 14 1
and 149.0 152.0 3.0 0.4 0.1 90 15 1
and 163.0 164.0 1.0 0.7 0.4 102 8 1
and 177.0 198.0 21.0 1.7 2.2 122 2 36
Including 178.0 179.0 1.0 5.6 2.8 144 2 6
and 202.0 212.0 10.0 7.8 4.8 144 3 78
Including 207.0 211.0 4.0 16.8 8.7 219 3 67
and 222.0 223.0 1.0 1.5 1.3 299 2 2
and 242.0 243.0 1.0 0.5 0.2 95 1 1
and 248.0 249.0 1.0 0.4 0.2 126 1 0
OEDD0086 81.0 82.0 1.0 0.4 0.1 58 2 0 293.0 647818 1032414 474 190 -55
and 111.0 112.0 1.0 1.5 0.2 143 3 2
OEDD0087 125.0 126.0 1.0 0.7 0.1 28 3 1 344.3 647796 1032437 476 193 -55
and 145.0 146.0 1.0 0.5 0.3 128 1 1
and 222.0 223.0 1.0 0.6 0.1 45 1 1
and 149.0 178.0 29.0 20.0 6.7 635 2 580 218.2 647710 1032176 473 13 -55
Including 149.0 157.0 8.0 39.5 20.5 2210 3 316
OEDD0099 306.0 307.0 1.0 0.7 0.1 55 1 1 554.4 647597 1031979 471 13 -55
and 343.0 344.0 1.0 0.7 0.2 49 2 1
and 349.0 354.0 5.0 0.5 0.4 112 2 3
and 372.0 373.0 1.0 0.9 0.3 160 2 1
and 422.0 425.0 3.0 0.8 1.7 50 2 2
OEDD0100 96.0 97.0 1.0 0.8 0.9 777 1 1 233.2 647735 1032201 474 13 -55
and 140.0 199.0 59.0 14.7 5.2 219 4 868
Including 143.0 164.0 21.0 22.4 7.5 123 2 470
OEDD0101 1.50 3.0 1.5 0.7 0.2 92 6 1 370.9 647514 1031999 473 13 -55
OEDD0102 4.0 5.0 1.0 0.6 0.2 53 1 1 500.3 647675 1032344 477 155 -55
and 186.0 187.0 1.0 3.8 4
and 194.0 207.0 13.0 2.7 35
and 211.0 219.0 8.0 13.3 106
and 230.0 231.0 1.0 0.7 1

Background on the Charger Zone

The Charger Zone is one of four grassroots discoveries Awalé has made on its Odienné project. Charger is a discovery that has delivered multiple high-grade results from drilling which includes the following high-grade intercepts in a breccia to the south of that intercepted in OEDD-83 and now OEDD-100 (see news releases January 11, 2023, March 29, 2023, August 21, 2023, March 25, 2024 and July 31, 2024):

  • OEDD-83: 57m @ 26 g/t Au from 164m downhole

    • Including 32m @ 45.7 g/t Au from 165m downhole

  • OEDD-88: 29m @ 20 g/t Au from 149m downhole

    • Including 8m @ 39.5 g/t Au from 149m downhole

  • OEDD-84: 70m @ 1.2 g/t Au from 143m downhole

  • OEDD-100: 59m @ 14.7 g/t Au from 140m downhole

  • OEDD-85: 21m @ 1.7 g/t Au from 177m and 10m @ 7.8 g/t Au from 202m downhole

  • OERC-132: 32m @ 3.0 g/t Au from 74m downhole 

    • Including 4m @ 12.4 g/t Au from 78m downhole

  • OEDD-45 (step back from OERC 132) contains 3 high-grade intervals within a 65m wide zone of mineralization which included

    • 12m @ 4.9 g/t Au from 89m downhole,

    • 13m @ 1.3 g/t Au from 114m downhole, and

    • 21m @ 1.3 g/t Au from 133m downhole

  • Hole OEDD-53 (50m step back from OEDD-45): 32m @ 1.5 g/t Au from 215m downhole

    • Including 3m @ 5.2g/t Au from 77m downhole

The company has also determined the true width of the breccia between holes OEDD-83 and OEDD-100 to be over 30 metres, and the intercept in OEDD-88 being a further 25 metres away from OEDD-100. This drilling has established a 200-metre corridor of breccia mineralization where high-grade mineralisation is thought to be controlled by folding and hosted in the hinge zone of these folds. Moreover, the Company has gained a clearer understanding of the unique and complex characteristics of the Charger target, presenting an opportunity to test the fold model within the current corridor as well as step-out and test for other parallel zones.

About Awalé Resources

Awalé is a diligent and systematic mineral exploration company focused on discovering large high-grade gold and copper-gold deposits. Exploration activities are currently underway in the underexplored regions of Côte d’Ivoire, where the Company is focused on the Odienné Copper-Gold Project (‘Odienné‘ or the ‘Project‘), covering 2,489 km2 across seven permits. This includes 796 km2 in two permits held under the Awalé-Newmont Joint Venture (‘OJV’). Awalé manages all exploration activities over the OJV, with funding provided by Newmont Joint Ventures Limited (‘Newmont’) (see May 31, 2022 news release).

Awalé has discovered four gold, gold-copper, and gold-copper-silver-molybdenum discoveries within the OJV and has recently commenced exploration on its 100%-owned properties following an $11.5 million capital raise in April 2024.

The Odienné Project is underexplored and has multiple pipeline prospects with similar geochemical signatures to Iron Oxide Copper Gold (IOCG) and intrusive-related mineral systems with substantial upside potential. The Company benefits from a skilled and well seasoned technical team that allows it to continue exploring in a pro-mining jurisdiction that offers significant potential for district-scale discoveries.

Quality Control and Assurance

Analytical work for drill samples is being carried out at the independent Intertek Laboratories in Ghana and Australia, an ISO 17025 (2017) Certified Laboratory. Samples are stored at the Company’s field camps and put into sealed bags until collected by Intertek from the Company’s secure Odienné office and transported by Intertek to their preparation laboratory in Yamoussoukro, Cote d’Ivoire, for preparation. Samples are logged in the tracking system, weighed, dried, and pulverized to greater than 85%, passing a 75-micron screen. Two pulps are prepared from each sample with one stream to Intertek Ghana for fire assay and a second to Australia where the sample is analyzed by 52 element ICP/MS with an Aqua Regia digest. Blanks, duplicates, and certified reference material (standards) are being used to monitor laboratory performance during the analysis. All fire assay samples returning greater than 5 g/t gold are routinely Screen Fire Assayed, in this special case lower than 5g samples up and down hole from the high-grade interval in OEDD-88 were also subject to Screen Fire Assays. As a further QC precaution due to visible gold presence, Intertek was requested to insert a quartz wash between each sample in the mineralized interval, ensuring no sample contamination in the preparation process.

Mineralized Interval Calculations

Significant intervals reported in this news release are calculated downhole length weighted intercepts. For the Charger target initial mineralized are calculated at a 0.3 g/t trigger and include internal waste of 3m for delineation mineralized zones.

Abbreviations Used in this Release

Au Gold
g/t Grams per tonne
km Kilometres
m Metres

Qualified Person

The technical and scientific information contained in this news release has been reviewed and approved for release by Andrew Chubb, the Company’s Qualified Person as defined by National Instrument 43-101. Mr Chubb is the Company’s Chief Executive Officer and holds an Economic Geology degree, is a Member of the Australian Institute of Geoscientists (AIG) and is a Member of the Society of Economic Geologists (SEG). Mr. Chubb has over 20 years of experience in international mineral exploration and mining project evaluation.

AWALÉ Resources Limited
On behalf of the Board of Directors

‘Andrew Chubb’
Chief Executive Officer

FOR FURTHER INFORMATION, PLEASE CONTACT:
Andrew Chubb, CEO
(+356) 99139117
a.chubb@awaleresources.com

Ardem Keshishian, VP Corporate Development & Investor Relations
+1 (416) 471-5463
a.keshishian@awaleresources.com

The Company’s public documents may be accessed at www.sedarplus.com. For further information on the Company, please visit our website at www.awaleresources.com.

Forward-Looking Information

This press release contains forward-looking information within the meaning of Canadian securities laws (collectively ‘forward-looking statements’). Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, plans, postulate and similar expressions, or are those, which, by their nature, refer to future events. All statements that are not statements of historical fact are forward-looking statements. Forward-looking statements in this press release include but are not limited to statements regarding, the Company’s presence in Côte d’Ivoire and ability to achieve results, creation of value for Company shareholders, achievements under the Newmont JV, works on other properties, planned drilling, commencement of operations. Although the Company believes any forward-looking statements in this press release are reasonable, it can give no assurance that the expectations and assumptions in such statements will prove to be correct. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and other risks involved in the mineral exploration and development industry, including those risks set out in the Company’s management’s discussion and analysis as filed under the Company’s profile at www.sedarplus.ca. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary governmental and regulatory approvals will be received as and when expected. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, other than as required by applicable securities laws.

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

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/229444

News Provided by Newsfile via QuoteMedia

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President-elect Trump named Rep. Elise Stefanik, R-N.Y., as the next United States Ambassador to the United Nations, Fox News has confirmed.

First reported by the New York Post, the appointment is one of the first announced in the early days of Trump’s transition period.

‘I am honored to nominate Chairwoman Elise Stefanik to serve in my Cabinet as U.S. Ambassador to the United Nations. Elise is an incredibly strong, tough, and smart America First fighter,’ Trump said in a statement to the Post. 

Stefanik, chairwoman of the House Republican Conference, provided a statement of her own to the outlet. 

‘I am truly honored to earn President Trump’s nomination to serve in his Cabinet as U.S. Ambassador to the United Nations,’ Stefanik told the Post. ‘During my conversation with President Trump, I shared how deeply humbled I am to accept his nomination and that I look forward to earning the support of my colleagues in the United States Senate. President Trump’s historic landslide election has given hope to the American people and is a reminder that brighter days are ahead — both at home and abroad.’ 

Stefanik, the fourth-highest ranking House Republican, is a frequent figure on television where she advocates for the GOP side on a number of issues, including Israel and what she refers to as the ‘Biden Crime Family.’ 

By contrast, the Biden-Harris administration’s U.S. Ambassador to the United Nations, Linda Thomas-Greenfield, does not seek much press coverage. 

Stefanik, who was elected to her sixth term in the House last week, made national headlines for grilling the presidents of Ivy League universities about the rising antisemitism on college campuses in the wake of the Oct. 7 terrorist attacks on Israel. 

‘The work ahead is immense as we see antisemitism skyrocketing coupled with four years of catastrophically weak U.S. leadership that significantly weakened our national security and diminished our standing in the eyes of both allies and adversaries,’ Stefanik added in her statement to the Post. ‘I stand ready to advance President Donald J. Trump’s restoration of America First peace through strength leadership on the world stage on Day One at the United Nations. ‘


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Major uranium producer Cameco (TSX:CCO,NYSE:CCJ) shared its third quarter results on Thursday (November 7), reporting a strong performance despite production setbacks at its Kazakhstan operations.

The company reported uranium production of 4.3 million pounds, up 43 percent from the year-ago period. Sales volumes came in at 7.3 million pounds, relatively flat from 7 million pounds in Q3 2023.

Revenue stood at $721 million, a 75 percent increase year-on-year. Cameco’s net earnings attributable to shareholders were $7 million, a decrease of 95 percent from the $148 million seen 12 months ago.

‘Third quarter results reflect normal quarterly variations in sales volumes, as well as delayed sales for Joint Venture Inkai due to continued transportation challenges, and the ongoing impact of purchase accounting for Westinghouse,’ Cameco said. The company owns Inkai in a partnership with top uranium miner Kazatomprom (LSE:KAP,OTC Pink:NATKY).

Explaining Inkai’s status, the company said that while its Q3 output was similar to last year, its production for the first nine months of 2024 came in lower versus the same period in 2023. This was the result of differences in the annual mine plan, along with a shift in the acidification schedule for new wellfields and unstable sulfuric acid supply.

Inkai’s maximum 2024 output is now estimated at around 7.7 million pounds on a 100 percent basis. The previous target was 8.3 million pounds, and was contingent on access to sufficient amounts of sulfuric acid.

Despite the challenges at Inkai, Cameco is boosting its 2024 production guidance to 23.1 million pounds due to strong output at its McArthur River/Key Lake operation. Its previous forecast was 22.4 million pounds.

Given its performance, Cameco has declared an annual dividend increase, setting its 2024 dividend at $0.16 per common share. It will be payable on December 13, 2024, to shareholders of record as of November 27, 2024.

Tim Gitzel, Cameco’s president and CEO, said the firm’s board is also considering a growth plan that could see the dividend rise to $0.24 per common share by 2026, doubling the amount from 2023.

He added that Cameco has been cautious in committing output from its tier-one assets under long-term agreements, positioning it to capture potential price increases over time. The company continues to selectively manage its uranium and UF6 conversion capacity contracts, favoring long-term commitments with deliveries planned over a decade.

Cameco also notes that it incurred a net loss of $57 million for its share of the Westinghouse operation in Q3, higher than Q2’s net loss of $47 million. It expects to see improvements in Q4 due to seasonal variations in Westinghouse’s customer demand and favorable industry conditions, such as rising governmental and public support for nuclear energy.

Looking forward, Cameco aims to advance its dividend growth plan and remains focused on selective long-term contracting to maximize profitability in an environment of rising demand for nuclear power.

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

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Pan American Silver (TSX:PAAS,NASDAQ:PAAS) said on Tuesday (November 5) that it has received final regulatory approval from the Canadian government for the sale of its La Arena assets in Peru.

The company is selling the La Arena gold mine and development-stage La Arena II copper-gold project to Jinteng (Singapore) Mining, a subsidiary of Zijin Mining Group (OTC Pink:ZIJMF,HKEX:2899).

Under the terms of the deal, Zijin will pay US$245 million in cash for the properties. Pan American will also receive a 1.5 percent life-of-mine net smelter return royalty on gold production from La Arena II.

The agreement further provides a US$50 million contingent payment to Pan American once La Arena II starts commercial production. Pan American will also enter an offtake agreement with Zijin through which it will gain access to 60 percent of future copper concentrate supply from La Arena II on commercial terms for sale in North America.

The finalization of the La Arena sale is expected by the end of 2024.

Also on Tuesday, Pan American released its latest quarterly report, outlining record free cashflow of US$151.5 million.

President and CEO Michael Steinmann said higher silver and gold prices improved the company’s operating margins during the period, noting that it is positioned to meet its 2024 production guidance. Pan American estimates it will produce between 21 million and 23 million ounces of silver and 880,000 to 1 million ounces of gold this year.

Steinmann also noted continued strength in production and cost management across various projects.

He noted that at the La Colorada mine in Mexico, new ventilation infrastructure led to a 59 percent increase in silver production and a 26 percent reduction in cash costs from the previous quarter.

Total throughput is expected to reach 2,000 metric tons per day by year end.

During Q3, the company directed an additional US$3.6 million in capital to the La Colorada skarn project, focusing on further exploration and completion of a ventilation system to support production scalability.

Regarding the Escobal mine in Guatemala, Pan American indicated it is still unclear when operations may resume.

The mine, which is one of the world’s largest silver deposits, has been inactive since 2017 due to a pending consultation process with the Xinka indigenous community. This process, governed by Guatemala’s constitutional court under International Labor Organization Convention 169, has experienced delays, and a new timeline has not been set.

Recently, the country’s energy and mines ministry appointed a deputy minister of sustainable development to oversee the consultation, but no significant progress has been reported.

The suspension at Escobal has limited Pan American’s production capabilities. The site previously produced approximately 20 million ounces of silver annually before the stoppage.

As it awaits an outcome, Pan American is keeping the property on care and maintenance.

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

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Hot on the heels of Donald Trump’s victory in the US presidential election was a meeting of the US Federal Reserve’s Federal Open Market Committee (FOMC) on Wednesday (November 6) and Thursday (November 7).

At the meeting, officials decided to lower the benchmark interest rate by 25 basis points to 4.5 to 4.75 percent. This marks the second cut this year by the FOMC, which made an outsized 50 basis point cut at its meeting in September.

The rate cuts have come as inflation has cooled toward the 2 percent target set by the Fed when it first began raising interest rates in February 2022. The Personal Consumption Expenditures (PCE) Price Index, the Fed’s preferred measure of inflation, was up 2.1 percent year-on-year in September, as per the US Bureau of Economic Analysis.

In a press conference following the decision, Fed Chair Jerome Powell suggested that while he thinks the American economy and policy are in very good positions, there is still some uncertainty.

He said future data will inform other rate decisions, adding that the FOMC will react appropriately.

“We know that reducing policy restraint too quickly could hinder progress on inflation. At the same time, reducing policy restraint too slowly could unduly weaken economic activity and employment,” Powell said.

“We are not on any preset course. We will continue to make our decisions meeting by meeting.”

Speaking about the election, Powell suggested the results will have no influence on rate decisions in the short term.

“We don’t know what the timing and substance of any policy changes will be,” he explained to reporters.

“We therefore don’t know what the effects on the economy would be, specifically whether and to what extent those policies would matter for the achievement of our goal variables of maximum employment and stable prices.”

When commenting on the longer-term implications of a Trump presidency, Powell was neutral in his remarks, saying any government could implement policies that might have economic effects that would matter over time.

Powell said the Fed will take those factors into account in future modeling.

When asked if he is concerned that Trump’s incoming administration will ask him to step down as Fed chair, Powell answered “no.” He also said he will not step down before his term ends in 2026. Even though the president is responsible for appointing the chair of the central bank, terms are fixed at four years and cannot be overridden.

Market reactions to the rate cut decision boosted gold. By 3:30 p.m. EST, the yellow metal was up 1.84 percent from the start of the day at US$2,707.93 per ounce, while silver was up 3.12 percent at US$32.12 per ounce.

Equity markets had experienced slight gains as of that time, with the S&P 500 (INDEXSP:INX) rising 0.84 percent to reach 5,978.81, the Nasdaq-100 (INDEXNASDAQ:NDX) adding 1.66 percent to hit 21,123.64 and the Dow Jones Industrial Average (INDEXDJX:.DJI) increasing 0.15 percent to reach 43,793.06.

How Trump’s policy promises could affect inflation

While Powell did not address Trump’s proposed policies in his statement, some market watchers have suggested that if Trump enacts the policies he discussed frequently during his campaign, there may be an increase in deficit spending, which would cause further inflation. That could influence future interest rate decisions.

For example, Trump’s proposed changes would see tariffs applied broadly to goods entering the US, which would make everyday goods more costly for Americans. This is because tariffs are paid by importers in the US when they purchase goods from overseas, and the cost increases are passed along to consumers.

Likewise, Trump’s promise to deport 20 million undocumented migrants would cost US$88 billion a year to enforce. The impact would be felt by business owners who are already struggling to fill job openings, especially in the agricultural sector. This would likely lead to higher costs at the grocery store or reduced availability of produce.

Additionally, the loss of undocumented workers would see US$100 billion per year in lost tax revenue, requiring the government to increase deficits to pay for government programs.

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

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Elixir Energy Limited (“Elixir” or the “Company”) is pleased to announce the receipt of a cash refund of $7.9M from the Australian Tax Office under the Research Development (“R&D”) Tax Incentive Scheme.

The refund is related to eligible R&D activities in FY 2024 incurred on Daydream-2. A further refund is expected next year in connection with expenditure incurred in the current financial year.

A short term loan secured against the R&D tax refund has been repaid in full.

Click here for the full ASX Release

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Adisyn Ltd (ASX: AI1) (“Adisyn” or the “Company”) is pleased to announce that 2D Generation Ltd (“2DG”) has ordered a highly specialised semiconductor manufacturing system called an Atomic Layer Deposition Machine (“ALD”).

Highlights:

  • 2D Generation has ordered highly specialised Atomic Layer Deposition (“ALD”) machine from Beneq
  • Beneq is a global leader in ALD equipment with customers spanning the semiconductor and electronics industries
  • New generation ALD to complement 2D Generation’s current ALD and accelerate the development of its semiconductor technologies including the graphene coated interconnect
  • Installation expected in 5-6 months
  • Work will continue with 2D Generation’s current equipment
  • Adisyn will leverage 2D Generation’s innovative semiconductor solution to generate opportunities in AI1’s target markets including defence applications, data centres and cybersecurity

AI1 entered into a binding Share Purchase Agreement to acquire 2DG, a semiconductor IP business, as announced on 4 November 2024. The companies continue to work together to identify significant opportunities to leverage 2D Generation’s semiconductor solutions and industry relationships to enhance AI1’s offering in its target markets. In furthering that goal, 2DG has ordered a speciality ALD from leading manufacturer Beneq, utilising funds provided by AI1. The companies have entered into a material loan agreement on terms outlined in Annexure A (Loan Agreement Terms).

Atomic Layer Deposition Machine

An ALD machine is utilised in the semiconductor industry to deposit extremely thin layers (down to the atomic layer) of material on to chips. They are found in most semiconductor fabs around the globe.

2DG has ordered an ALD with specific benefits including:

  • Liquid source precursor compatible
  • Ozone source (O3) compatible
  • Reaction chamber for 200 mm wafers, with substrate adapter for 100/150 mm wafers
  • Plasma option, deposition temperature up to 400 degrees °C

These features will enable 2DG to achieve a high level of product readiness.

Beneq is the home of the ALD. In 1984, Beneq established the world’s first industrial production using ALD. Today, Beneq lead the market with products for R&D, semiconductor device fabrication, 3D and batch production, ultra-fast spatial ALD, and roll-to-roll ALD.

Paul Rich, 2DG’s Technology Lead, says“we have spent months specifying the perfect ALD system for our requirements. We canvassed all the major suppliers and decided that Beneq was best positioned to deliver the system that meets our complex technology requirements. I have spent my career working within thin film deposition to advance semiconductor technology and I am confident that with this ALD we will be able to accelerate development towards a commercially viable product that the industry needs. We are continuing development efforts with existing equipment to be ready for the new ALD installation so that we can hit the ground running.”

Paul Rich has more than 35 years of experience in the semiconductor industry. Paul was the Vice President for Technology and Engineering at SPTS Technologies which is owned by KLA Corporation (NASDAQ:KLAC, US$91B market cap), where he managed the product development team until December 2022. SPTS develops and manufactures advanced wafer processing solutions for the world’s leading semiconductor and microelectronic device manufacturers. Paul graduated from Bath University in 1987 with a B.Sc in Physics. He has published numerous technical articles and has several patents relating to plasma processing.

Click here for the full ASX Release

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Vice President Kamala Harris paid Oprah Winfrey’s Harpo Productions $1 million, just one example of millions the campaign spent on various entertainers during the vice president’s failed bid for president.

The Harris campaign paid $1 million to Winfrey’s company on October 15, according to a report in the Washington Examiner, coming after a star-studded town hall that Winfrey hosted for the vice president in September.

Winfrey also appeared at Harris’ final rally in Philadelphia on the eve of Election Day, with the talk-show star offering a rare endorsement of a presidential candidate.

‘We’re voting for values and integrity,’ Winfrey said at the rally. ‘We’re voting for healing over hate.’

But Winfrey wasn’t the only star the Harris campaign spent big money on, with the Washington Examiner report also revealing that the campaign spent big on the ‘Call Her Daddy’ podcast. 

‘A source familiar with the matter told the Washington Examiner that the Harris campaign spent six figures on building a set for Harris’s appearance on the popular Call Her Daddy podcast with host Alex Cooper,’ the Examiner wrote. ‘The interview came out in October and was reportedly filmed in a hotel room in Washington, D.C.’

The campaign also spent up to $20 million on swing state concerns on the eve of the election, according to a report in the New York Post, a sum that could have been more if a planned performance by Alanis Morissette had not been scrapped.

The campaign had seven swing-state concerts on Monday, the report noted, including performances by Jon Bon Jovi in Detroit, Christina Aguilera in Las Vegas, Katy Perry in Pittsburgh and Lady Gaga in Philadelphia, and a 2 Chainz performance at a rally three days before the election in Atlanta.

‘Money can’t buy you love or a good candidate,’ Republican political strategist Brad Todd told the Examiner, with regard to the massive spending.

‘Advertising is a pretty important source of information for swing voters,’ Todd said. ‘It no doubt matters, but it’s not enough. It doesn’t matter if you have the wrong message and it’s not delivered in a compelling way. What her campaign was missing was any effort to break with the unpopular administration she has been a part of.’

The Harris campaign did not immediately respond to a Fox News Digital request for comment.


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