Insider Legacy Secret
Author

admin

Browsing
In Investing

CopAur Minerals Agrees to Terms with Omega Pacific Resources on the Williams Property

No Comments

CopAur Minerals Inc. (TSXV: CPAU) (‘CopAur’ or the ‘Company’) announces that pursuant to the press release on November 24th, 2025, by Omega Pacific Resources Ltd (CSE: OMGA) (‘Omega’), that CopAur and Omega (the ‘Parties’) have completed an amendment of the Williams Property (the ‘Property’) Option/Joint Venture Agreement (the ‘Option Agreement’) to accelerate Omega’s acquisition of a 100% interest in the Property.

On February 29, 2024, the Parties entered into an Option Agreement (see CopAur’s March 1st, 2024, press release) whereby Omega could earn up to a 100% interest in the Williams Property. On April 24th, 2024, CopAur announced the receipt of $1 million in cash and 3 million Omega shares from Omega, which along with agreed upon exploration expenditures and other considerations, allowed Omega to earn a 51% interest in the Williams property. On November 12th, 2024, Omega exercised its option to acquire a 51% interest in the property.

On November 20th, 2025, the Parties entered into a second amendment to the Option Agreement whereby Omega has the option to acquire the remaining 49% interest in the Williams Property from CopAur on or before December 4th, 2025, by issuing to CopAur, 3.3 million common shares in the capital of Omega.

‘CopAur is confident that the Williams Property, located in BC’s re-emerging Toodoggone District and the Golden Horseshoe, which is widely regarded as a tier-one exploration region, holds tremendous, untapped mineral value as confirmed during Omega’s 2024 drill program that returned values of 1.69 g/t Au over 104 metres and 2.16 g/t Au. over 96.9 metres. Omega has the requisite skill set to further develop this property, and this agreement allows CopAur to concentrate our efforts on our Nevada properties. We look forward to following developments at the Williams Property as a significant shareholder of Omega,’ commented Andrew Neale, CEO.

About CopAur
CopAur is a mine development company focused on projects within the emerging, mineral-rich gold mining regions of Nevada. The Company is backed by a dynamic and experienced team of resource professionals advancing its projects in Nevada with the flagship project being Kinsley Mountain Gold Project, a Carlin-style project located in the Kinsley Mountains in Eastern Nevada, approximately 80 km SSW of West Wendover.

ON BEHALF OF THE BOARD OF COPAUR MINERALS INC.
Andew Neale, Chief Executive Officer

For more information, please contact:

Andrew Neale, Chief Executive Officer
Email: ir@copaur.com

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 news release.

Forward-Looking Information

This news release contains forward-looking statements. All such statements involve substantial known and unknown risks, uncertainties and other factors which may cause the actual results to vary from those expressed or implied by such forward-looking statements. Forward-looking statements involve significant risks and uncertainties, they should not be read as guarantees of future performance or results and they will not necessarily be accurate indications of whether or not such results will be achieved. Actual results could differ materially from those anticipated due to a number of factors and risks. Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions on the date of this news release, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and the Company disclaims any intention or obligation to update or revised any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.


Source

This post appeared first on investingnews.com
by
Read More
In Investing

Redmoor – Very High-Grade Sample Results Continue to Exceed Expectations

No Comments

Strategic Minerals plc (AIM: SML; USOTC: SMCDF), an international mineral exploration and production company, is delighted to announce that its wholly owned subsidiary, Cornwall Resources Limited (‘CRL’), has received standout drillhole assay results from CRD034b, including very high-grades and multiple thick intersections. CRD034b was the second drill hole of the ongoing drilling campaign at the Redmoor Tungsten-Tin-Copper Project (‘Redmoor’) in southeast Cornwall.

Downhole Composite Highlights:

Very High-Grade

  • A very high-grade tungsten intersection: 1.10 m @ 7.19% WO3, 0.02% & 1.11% Cu (7.51% WO3.Eq*1) from 579.93 m in CRD034b – amongst the top 10 highest-grade sample results recorded at Redmoor from all previous CRL drilling campaigns.
  • Further very-high-grade sample intervals, inside broader high-grade intersections:
  • 1.05 m @ 4.93% WO3, 0.03% Cu & 0.01% Sn from 458.52 m (4.94% WO3.Eq)
  • 1.00 m @ 2.73% WO3, 0.11% Cu & 0.03% Sn from 466.00 m (2.78% WO3.Eq)
  • 0.70 m @ 2.65% WO3, 2.07% Cu & 0.14% Sn from 485.73 m (3.32% WO3.Eq)
  • 0.50 m @ 1.96% WO3, 0.09% Cu & 0.01% Sn from 534.00 m (1.99% WO3.Eq)
  • 0.75 m @ 1.21% WO3, 4.73% Cu & 0.05% Sn from 583.30 m (2.53% WO3.Eq)

Significant Widths

  • Multiple, very wide, high-grade intersections of tungsten mineralisation (in comparison to global tungsten projects) confirmed within the Redmoor Sheeted Vein System (‘SVS’), including:
    • 15.46 m @ 0.72% WO3, 0.04% Sn & 0.66% Cu (0.93% WO3.Eq) from 456.04 m.
  • Importantly, a deep intersect, which widens the previously modelled thickness of the Redmoor SVS in this zone of the deposit, returning 10.00 m @ 0.92% WO3, 0.02% Sn & 0.78% Cu (1.15% WO3.Eq) from 578.00 m, including the above 1.10m @ 7.19% WO3, and 0.75 m @ 2.53% WO3.Eq sample intervals.
  • Results complement the high-grade ‘exceptional’ intersections from CRD033, adding further high-grade zones of mineralisation with grades exceeding these previous results. High-grade intersections are listed in detail below.

Copper and Tin

  • Strong copper results in several zones, most notably 3.46 m @ 1.25% WO3 plus 1.93% Cu and 0.08% Sn (1.84% WO3.Eq) from 463.54 m, and lode-style copper intervals, including tin, up to 1.00 m @ 2.14% Cu and 1.00% Sn from 515.00 m, adding significant potential value to the polymetallic system.

Silver

  • Silver values of up to 84.8 g/t have been reported within copper-rich zones over a 0.75 m interval. Further work is underway to assess the potential for silver recovery; however, CRL makes no assumptions regarding its recoverability at this stage.

Figure 1: Highlighted high-grade intersection of containing 10.00 m @ 0.92% WO3, 0.02% Sn & 0.78% Cu (1.15% WO3.Eq) from 578.00 m from a zone of multiple stacked mineralised veins and wall rock within the Redmoor SVS deposit.

This high-grade intersection (yellow arrows) comprises 10 individual sample sections (small double arrows) detailed in Appendix 1 below.

Including1.10 m @ 7.19% WO3, 0.02% & 1.11% Cu (7.51% WO3.Eq*1) from 579.93 m

These samples were visibly logged by CRL geologists containing wolframite, chalcopyrite and cassiterite.

Dennis Rowland, CRL Managing Director, said:

‘These results highlight downhole intersections of impressive length and grade, up to 15.00 m at nearly 1% WO3, and significant single sample zones reaching 7.19% WO3 – amongst the top 10 sample intervals by grade recorded at Redmoor to date by the Company.

‘The new results reported outside the existing Redmoor resource model indicate strong potential for material resource growth. Ongoing analysis of samples from additional drillholes is expected to further refine and enhance the understanding of Redmoor’s resource potential.

‘The continuation of very high-grade mineralisation in CRD034b reinforces Redmoor’s status as Europe’s highest-grade undeveloped tungsten resource, and among the highest-grade globally.’

Mark Burnett, SML Executive Director, said:

‘The Board is pleased with the impressive results reported from this drillhole, which highlight the exceptional nature of the Redmoor deposit. Overall, CRD034b has proved very valuable in the short-range continuity test as well as in finding excellent grade intersections. Redmoor sits in a commanding position to be a secure supply of minerals deemed critical to the UK and its peers.’

Cllr Tim Dwelly, Cornwall Council’s Cabinet Member for Economic Regeneration and Investment, said:

‘We’ve invested almost £765,000 through our Good Growth Programme to support the latest drilling operation at Redmoor, and it’s encouraging to see these latest results. Cornwall’s critical minerals sector has enormous potential to create high-quality jobs, attract further private investment and strengthen security of supply for the minerals our economy increasingly relies on. That’s why we’re backing responsible critical minerals projects that we believe can deliver long-term economic value for Cornwall, while helping to meet national demand and deliver against the government’s Industrial Strategy.’

Highlight of CRD034b Intersections:

Laboratory assay results for drillhole CRD034b, the second hole of the 2025 drilling programme, confirm wide zones of high grade mineralisation and multiple sub-zones of very high-grade tungsten mineralisation, including copper, tin and silver, throughout the Redmoor Sheeted Vein System (‘SVS’) deposit intercepted by the drillhole, and also additional mineralised zones outside of the SVS (see Table 2 for sample intersection details), with highlights including:

  • 3.45 m @ 0.48% WO3, 0.01% Sn & 0.41% Cu (0.60% WO3. Eq) from 291.55 m, including:
    • 2.00 m @ 0.62% WO3, 0.01% Sn & 0.56% Cu from 293.00 m
  • 15.46 m @ 0.72% WO3, 0.04% Sn, 0.66% Cu (0.93% WO3.Eq) from 456.04 m, including:
    • 3.53 m @ 1.67% WO3, 0.02% Sn & 0.27% Cu from 456.04 m, containing:
      • 1.05 m @ 4.93% WO3, 0.01% Sn & 0.04% Cu from 458.52 m
    • 3.46 m @ 1.25% WO3, 0.08% Sn, 1.93% Cu and 13.92 g/t Ag from 463.54 m, containing:
      • 1.00 m @ 2.73% WO3, 0.03% Sn & 0.11% Cu from 466.00 m.
    • 0.96 m @ 0.50% WO3, 0.03% Sn & 0.31% Cu from 470.54 m
  • 4.00 m @ 0.51% WO3, 0.03% Sn & 0.42% Cu (0.65% WO3. Eq) from 484.00 m, including:
    • 0.70 m @ 2.65% WO3, 0.14% Sn & 2.07% Cu from 485.73 m
  • 2.85 m @ 0.15% WO3, 0.36% Sn, 0.90% Cu (0.69% WO3. Eq) and 13.50 g/t Ag from 515.00 m, including:
    • 1.00 m @ 2.03% Cu, 1.01% Sn and 32.60 g/t Ag from 515.00m
  • 1.55 m @ 0.64% WO3, 0.01% Sn & 0.08% Cu (0.67% WO3. Eq) from 534.00 m, including:
    • 0.50 m @ 1.96% WO3, 0.01% Sn & 0.09% Cu from 534.00 m
  • 10.00 m @ 0.92% WO3, 0.02% Sn & 0.78% Cu (1.15% WO3. Eq) from 578.00 m, including:
    • 1.10 m @ 7.19% WO3, 0.02% Sn, 1.11% Cu & 25.00 g/t Ag from 579.93 m
    • 0.75 m @ 1.21% WO3, 0.05% Sn, 4.73% Cu & 84.80 g/t Ag from 583.30 m
    • 0.50 m @ 0.27% WO3, 0.01% Sn, 0.64% Cu & 21.60 g/t Ag from 587.50 m

Detail of analytical results form CRD034b

CRD034b was drilled south to intersect the Redmoor SVS mineralisation. Details of the collar and survey setup are provided in Table 1.

Table 1: Drillhole collar data for CRD034b, drilled from the same pad as previously reported CRD033

Pad

Number

Collar

Orientation at Collar

Total Depth (m)

Easting (m)

Northing (m)

Elevation (m)

Azimuth (⁰)

Dip (⁰)

1

235802.1

71341.02

185

135

58

608.20

Laboratory assay results for drillhole CRD034b have returned further exceptional results from the current drilling programme, containing very-high-grade results, with tungsten (WO3) grades reaching 7.19%, copper (Cu) grades reaching 4.73% and tin (Sn) grades reaching 1.01%, from a zone of the deposit known to be lower in tin concentrations, coupled with silver (Ag) grades of up to 84.8 g/t correlated with copper mineralisation. The silver mineralisation encountered is highly encouraging and is currently undergoing further metallurgical testwork to confirm its economic importance with regards to the Redmoor project, prior to modelling as part of the forthcoming Mineral Resource estimate (‘MRE’) update, with further updates and commentary expected soon.

These results continue to exhibit the strong continuity of structure and grade within the SVS orebody, with mineralised continuity confirmed eastwards and correlated to high-grade zones previously drilled in CRD033. The final 35.00 m of CRD034b was successful in drilling a previously untested portion of a projected high-grade zone, this section returned the wide, high-grade interval of 10.00 m @ 0.92% WO3, 0.02% Sn & 0.78% Cu (1.15% WO3.Eq) from 578.00 m, including 1.10 m @ 7.19% WO3, 0.02% & 1.11% Cu (7.51% WO3.Eq*1) from 579.93 m, along with strong grades of silver (Ag) up to 84.8 g/t (Figure 1, above).

Figure 2, include a drillhole trace of CRD034b, the hole was planned as an infill hole to test short spaced continuity of structure and grade between other nearby spaced drillholes. The data from CRD034b and other holes will be used in the assessment for future drill spacings. It also serves to demonstrate that the SVS within this portion of the deposit is wider than previously modelled, containing further high-grade zones of mineralisation.

A close-up of a glove AI-generated content may be incorrect.

Figure 2: Plan view of the deposit with the route of CRD034b (in Red), with previous CRL and South West Minerals drillholes (in Black). CRD034b is an infill hole aimed at testing short spaced continuity of structure and grade.

Figure 3, includes a cross-section of the borehole, highlighting reported intersections and the previously modelled high-grade zones that form the basis of the 2019 Redmoor MRE.

Figure 3: Cross-section of CRD034b, including sample intersection grades, and grade bars representing WO3 results. Zones in pink represent the previously modelled high-grade zones that form the basis of Redmoor mineral resource. The modelled high-grade zones towards the bottom of the hole, falls short of the drill holes trajectory, and following the intersection of a further significant width high grade intersection in CRD034b highlights the potential for resource growth should the zone be extended.

Table 2 below, contains the details of the composite sample intersections including sample depths, thickness, metal content, and tungsten equivalent calculations, as well as the mineralisation style recorded by CRL geologists. The tungsten equivalent (WO3. Eq.) highlights the value-add from tin and copper to the tungsten grades of the sample intervals. Appendix 1 includes full details of each sample included in these composite intersections.

Table 2: Highlights of downhole composite sample intersections returned from recently received results from drillhole CRD034b, showing interval lengths and subsequent assay results for WO3, Sn & Cu. A tungsten equivalent results has also been calculated. Composited values use a downhole length weighted average of grades.

Sample Start

From

(m)

To

(m)

Interval

(m)

WO3

%

Cu

%

Sn

%

WO3. Eq. %

Comments

CRL005376-79

92.00

100.00

8.00

0.01

0.01

0.20

0.18

Lode-Style Cu Mineralisation

incl. CRL005367

92.00

94.00

2.00

0.00

0.01

0.45

0.38

Lode-Style Cu Mineralisation

CRL005413-14

291.55

295.00

3.45

0.48

0.41

0.01

0.60

S.V.S Mineralisation

incl. CRL005414

293.00

295.00

2.00

0.62

0.56

0.01

0.78

S.V.S Mineralisation

CRL005425

309.70

311.00

1.30

0.21

0.41

0.01

0.33

S.V.S Mineralisation

CRL005486-5501

456.04

471.50

15.46

0.72

0.66

0.04

0.93

S.V.S Mineralisation

incl. CRL005486-88

456.04

459.57

3.53

1.67

0.27

0.02

1.76

S.V.S Mineralisation

cont. CRL005488

458.52

459.57

1.05

4.93

0.03

0.01

4.94

S.V.S Mineralisation

incl. CRL005493-96

463.54

467.00

3.46

1.25

1.93

0.08

1.84

S.V.S Mineralisation

cont. CRL005496

466.00

467.00

1.00

2.73

0.11

0.03

2.78

S.V.S Mineralisation

incl. CRL005501

470.54

471.50

0.96

0.50

0.31

0.03

0.60

S.V.S Mineralisation

CRL005513-15

484.00

488.00

4.00

0.51

0.42

0.03

0.65

S.V.S Mineralisation

incl. CRL005514

485.73

486.43

0.70

2.65

2.07

0.14

3.32

S.V.S Mineralisation

CRL005527-28

501.54

504.35

2.81

0.06

0.17

0.14

0.22

S.V.S Mineralisation

incl. CRL005528

503.47

504.35

0.88

0.14

0.52

0.42

0.63

S.V.S Mineralisation

CRL005537-38

515.00

517.85

2.85

0.15

0.90

0.36

0.69

Lode-Style Cu Mineralisation

incl. CRL005538

515.00

516.00

1.00

0.00

2.14

1.00

1.40

Lode-Style Cu Mineralisation

CRL005545

523.85

525.00

1.15

0.38

0.00

0.01

0.39

S.V.S Mineralisation

CRL005555-56

534.00

535.55

1.55

0.64

0.08

0.01

0.67

S.V.S Mineralisation

incl. CRL005556

534.00

534.50

0.50

1.96

0.09

0.01

1.99

S.V.S Mineralisation

CRL005562-64

540.00

543.90

3.90

0.21

0.02

0.01

0.22

S.V.S Mineralisation

incl. CRL005564

543.25

543.90

0.65

0.70

0.04

0.00

0.71

S.V.S Mineralisation

CRL005595-5605

578.00

588.00

10.00

0.92

0.78

0.02

1.15

S.V.S Mineralisation

incl. CRL005596

579.93

581.03

1.10

7.19

1.11

0.02

7.51

S.V.S Mineralisation

incl. CRL005599

583.30

584.05

0.75

1.21

4.73

0.05

2.53

S.V.S Mineralisation

incl. CRL005605

587.50

588.00

0.50

0.27

0.64

0.01

0.45

S.V.S Mineralisation

CRL005613-14

596.00

597.92

1.92

0.22

0.13

0.02

0.27

S.V.S Mineralisation

incl. CRL005613

596.00

596.60

0.60

0.65

0.23

0.03

0.73

S.V.S Mineralisation

Note*1 Tungsten Equivalent (WO3.Eq) Calculation: WO₃ (EQ)% = WO₃%+(Sn% x 0.82) + (Cu% x 0.27)

Commodity price assumptions: WO₃ US$ 43,000/t, Sn US$ 32,525/t, Cu US$ 9,429/t. Using the 12-month average to September 2025. Recovery assumptions: total WO₃ recovery 72%, total Sn recovery 68% and total Cu recovery 85%. Payability assumptions of 81%, 90% and 90% respectively.

Competent Person Statement:

The information in this announcement that relates to Sampling Techniques and Data and Exploration Results has been reviewed and approved by Mr Laurie Hassall, MSci (Geology), FIMMM, QMR, FGS, who is a full-time employee of Snowden Optiro. Mr Hassall holds a Master of Science degree in Geology from the University of Southampton and is a Fellow of the Institute of Materials, Minerals and Mining (FIMMM), through which he is also accredited as Qualified for Minerals Reporting (QMR). He is also a Fellow of the Geological Society of London (FGS).

Snowden Optiro has been engaged by Cornwall Resources Limited to provide independent technical advice. Mr Hassall, a full-time employee of Snowden Optiro, is acting as the Competent Person and is independent of Cornwall Resources Limited. He has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration, and to the activity being undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code), and under the AIM Rules.

Mr Hassall consents to the inclusion in this announcement of the matters based on his information, in the form and context in which it appears. He confirms that, to the best of his knowledge, there is no new information or data that materially affects the information contained in previous market announcements, and that the form and context in which the information is presented has not been materially modified.

For further information, please contact:

Strategic Minerals plc

+44 (0) 207 389 7067

Mark Burnett

Executive Director

Website:

www.strategicminerals.net

Email:

info@strategicminerals.net

Follow Strategic Minerals on:

X:

@StrategicMnrls

LinkedIn:

https://www.linkedin.com/company/strategic-minerals-plc

SP Angel Corporate Finance LLP

+44 (0) 20 3470 0470

Nominated Adviser and Broker

Matthew Johnson/Charlie Bouverat/Grant Barker

Zeus Capital Limited

Joint Broker

Harry Ansell/Katy Mitchell

+44 (0) 203 829 5000

Vigo Consulting

+44 (0) 207 390 0234

Investor Relations

Ben Simons/Peter Jacob/Anna Sutton

Email:

strategicminerals@vigoconsulting.com

Notes to Editors

About Strategic Minerals plc and Cornwall Resources Limited

Strategic Minerals plc (AIM: SML; USOTC: SMCDY) is an AIM-quoted, producing minerals company, actively developing strategic projects in the UK, United States and Australia.

In 2019, the Company completed the 100% acquisition of Cornwall Resources Limited and the Redmoor Tungsten-Tin-Copper Project.

The Redmoor Project is situated within the historically significant Tamar Valley Mining District in Cornwall, United Kingdom, with a JORC (2012) Compliant Inferred Mineral Resource Estimate published 14 February 2019:

Cut-off (SnEq%)

Tonnage (Mt)

WO3

%

Sn

%

Cu

%

Sn Eq1

%

WO3 Eq

%

>0.45 <0.65

1.50

0.18

0.21

0.30

0.58

0.41

>0.65

10.20

0.62

0.16

0.53

1.26

0.88

Total Inferred Resource

11.70

0.56

0.16

0.50

1.17

0.82

1 Equivalent metal calculation notes; Sn(Eq)% = Sn% x 1 + WO3% x 1.43 + Cu% x 0.40. WO3(EQ)% = Sn% x 0.7 + WO3 + Cu% x 0.28. Commodity price assumptions: WO₃ US$ 33,000/t, Sn US$ 22,000/t, Cu US$ 7,000/t. Recovery assumptions: total WO3 recovery 72%, total Sn recovery 68% & total Cu recovery 85% and payability assumptions of 81%, 90% and 90% respectively

More information on Cornwall Resources can be found at: https://www.cornwallresources.com

In September 2011, Strategic Minerals acquired the distribution rights to the Cobre magnetite project in New Mexico, USA, through its wholly owned subsidiary Southern Minerals Group. Cobre has been in production since 2012 and continues to provide a sustainable revenue stream for the Company.

In March 2018, the Company completed the acquisition of the Leigh Creek Copper Mine situated in the copper rich belt of South Australia. The Company has entered into an exclusive Call Option with South Pacific Mineral Investments Pty Ltd trading as Cuprum Metals to acquire 100% of the project.

About the CIOS Good Growth Fund and UK Shared Prosperity Fund

This project is part-funded by the UK Government through the UK Shared Prosperity Fund. Cornwall Council is responsible for managing projects funded by the UK Shared Prosperity Fund through the Cornwall and the Isles of Scilly Good Growth Programme.

Cornwall and Isles of Scilly has been allocated £184 million for local investment through the Shared Prosperity Fund. This new approach to investment is designed to empower local leaders and communities, so they can make a real difference on the ground where it’s needed the most.

The UK Shared Prosperity Fund proactively supports delivery of the UK-government’s five national missions: pushing power out to communities everywhere, with a specific focus to help kickstart economic growth and promoting opportunities in all parts of the UK.

For more information, visit

https://www.gov.uk/government/publications/uk-shared-prosperity-fund-prospectus

For more information, visit https://ciosgoodgrowth.com

Source

This post appeared first on investingnews.com
by
Read More
In Investing

Canada, India Close to Resuming Uranium Trade After Diplomatic Freeze

No Comments

Canada is preparing to unveil a multibillion-dollar uranium export agreement with India, marking the strongest sign yet that the two countries are rebuilding ties after a two-year diplomatic freeze.

Two people familiar with the negotiations revealed that the deal, valued at roughly US$2.8 billion, would run for up to a decade and position Canadian producer Cameco (TSX:CCO,NYSE:CCJ) as a long-term supplier to India’s expanding nuclear power sector.

The final terms are still being refined, the sources cautioned, but the agreement is expected to be announced in the coming days.

The deal, if it pushes through, would form part of the formal attempt of both parties to revive economic cooperation after a period of political strain.

This culminated last weekend in a decision by Prime Minister Mark Carney and Indian Prime Minister Narendra Modi to restart long-stalled trade talks. The former has also accepted the latter’s invitation to visit India in 2026.

Both leaders signaled their intention to pursue a comprehensive economic partnership as they seek alternatives to increasingly unpredictable US trade policy.

According to two sources, the new agreement will not be a renewal but an entirely separate, larger commitment.

The pending export deal would go well beyond the countries’ previous uranium pact: a five-year, roughly US$350-million arrangement signed in 2015 that allowed India to buy Cameco uranium for civilian nuclear use.

In a recent press release, India’s Ministry of External Affairs also noted that “both sides reaffirmed their longstanding civil nuclear cooperation and noted the ongoing discussions on expanding collaboration, including through long-term uranium supply arrangements.”

India’s interest reflects its growing nuclear-power ambitions. The country operates about 25 reactors—many based on the Canadian-designed CANDU system—with six more under construction.

As electricity demand climbs and the government pushes to reduce carbon emissions, securing reliable uranium supplies has become a strategic priority for New Delhi. Expanded cooperation with Canada could also extend into small modular reactors, an area Ottawa has been promoting as part of its clean energy strategy and transition.

For Canada, the deal furthers its goals of developing a stable domestic nuclear supply. The country is the world’s second-largest producer of uranium, responsible for about 13 percent of global output, and holds some of the highest-grade deposits in the world.

Nearly 85 percent of Canadian uranium is exported primarily from mines in northern Saskatchewan. The industry generates around US$800 million in annual economic activity and employs more than 2,000 people, including many Indigenous and northern workers.

The diplomatic significance of the deal is equally notable. Relations between Canada and India plummeted in September 2023 after then-prime-minister Justin Trudeau accused New Delhi of involvement in the killing of Canadian Sikh activist Hardeep Singh Nijjar, an allegation India rejected.

The allegations led to trade talks being suspended, and political contact between the two countries sharply diminished.

While Canadian authorities continue to investigate the matter, Carney has signaled that he wants to move economic relations forward, particularly as he seeks to diversify exports away from the US under President Donald Trump.

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

This post appeared first on investingnews.com
by
Read More
In Investing

Silver Dollar Samples Up to 2,753 g/t AgEq in Underground Sampling Campaign at its La Joya Silver Project

No Comments

Silver Dollar Resources Inc. (CSE:SLV)(OTCQX:SLVDF)(FSE:4YW) (‘Silver Dollar’ or the ‘Company’) is pleased to report underground sample assay results and preliminary geologic modeling of existing high-grade drill results in support of an exploration and mining strategy shift from open pit to underground at its 100%-owned La Joya Silver (Cu-Au) Project (the ‘Property’) in the state of Durango, Mexico.

Figure 1: La Joya plan view showing mineralized areas and location of underground sampling.

A total of 16 channel samples were collected from the historic La Embotelladora mine workings, showing mineralization localized in ENE and NNE structural zones. Sample R-300 returned 2,753 grams per tonne (g/t) silver equivalent (AgEq) over 0.4 metres (m) representing the NNE trending zone. Sample R-291 returned 328 g/t AgEq over 0.4m representing the ENE structural zone (Table 1). These data combined with existing drilling results are aiding in the Company’s ongoing strategy of transitioning La Joya from an open pit to an underground project by confirming high grade mineralization localization in a network of prospective structures. Ongoing geologic modeling will focus on validating this thesis through re-focused exploration planning.

Photo 1: Underground sampling of the historic La Embotelladora Mineworkings.Figure 2: Plan view showing recent channel sample assay results and existing drilling results.

Sample ID

Width (m)

Ag g/t

Au g/t

Cu g/t

Pb g/t

Zn g/t

AgEq g/t

R-289

0.4

2

0.0

387

26

171

6

R-290

0.6

5

0.3

464

17

158

21

R-291

0.4

166

0.2

23,110

43

153

328

R-292

1.1

11

0.1

1,900

14

186

26

R-293

0.7

4

0.4

606

13

145

23

R-294

0.6

2

0.0

254

9

153

5

R-295

0.6

2

0.1

448

9

163

7

R-296

0.85

5

0.1

457

369

1,620

13

R-297

0.8

5

0.1

689

292

4,440

18

R-298

0.3

1

0.1

367

11

156

6

R-299

0.85

26

0.0

2,160

20

204

41

R-300

0.4

1,800

0.6

139,860

1,340

4,550

2,753

R-301

0.95

148

0.1

13,870

36

234

244

R-302

0.32

34

0.5

416

15

129

57

R-303

0.4

9

1.1

460

4

182

54

R-304

0.26

3

0.2

549

58

364

15

Table 1: Assay results from underground sampling campaign.

Silver equivalent is calculated using the following metal prices in USD: Au $1,750/oz, Ag $22/oz, Pb $1.25/lb, Zn $1.50/lb, Cu $4.30/lb. Recoveries of Au 66%, Ag 93%, Pb 87%, Zn 84%, Cu 70% historically reported from Pan American Silver’s La Colorada mine and Southern Silver’s Cerro Minitas mine (Cu only) have been used in the AgEq calculation, and are assumed to be comparable to anticipated recoveries at La Joya.

Figure 3: La Joya preliminary numerical model of AgEq trended to apparent E-W structural network.

Silver Dollar has also completed preliminary numerical modeling of existing drillhole assay data to identify additional high-grade mineralization. Numerical models were trended using preliminary vein modeling, which focused on a series of emerging E-W trends. Ongoing geologic modeling will incorporate other local trends, including a NNE structural trend, and the impact of stratigraphic-structural intersections on plunging mineral trends.

‘With silver, copper, and gold prices all reaching record highs this year, it’s an opportune time to re-conceptualize La Joya from a new underground perspective,’ said Greg Lytle, President of Silver Dollar. ‘The goal of our geological modeling is to assess La Joya’s underground potential based on a compilation of all historical data, consider hypothetical underground mining methods, and identify high-priority exploration targets to add value to the Project.’

Procedure, quality assurance/quality control and data verification:

All rock samples were collected, described, photographed, and bagged on-site. The samples were delivered by Silver Dollar staff to ActLabs in Zacatecas, Mexico for analysis. ActLabs is ISO 9001:2015 certified. Rock samples were crushed, pulverized and screened to -80 mesh at the lab, prior to analysis. Gold is analyzed by a 30g Fire Assay with AA (atomic absorption spectroscopy) finish, then gravimetric finish if greater than 10ppm Gold. Silver and 34 other elements were analyzed using a four-acid digestion with an ICP-OES (Inductively Coupled Plasma Optical Emission spectroscopy) finish. Silver, lead, zinc, and copper over limits were re-assayed using an ore-grade four-acid digestion with ICP-AES (Inductively coupled plasma atomic emission spectroscopy) finish. Control samples comprising certified reference samples and blank samples were systematically inserted into the sample stream and analyzed as part of the Company’s quality assurance and quality control protocol.

About the La Joya Property:

La Joya is an advanced exploration stage property consisting of 15 mineral concessions totaling 4,646 hectares and hosts the Main Mineralized Trend (MMT), Santo Nino, and Coloradito deposits.

The previous operator, Silvercrest Mines, released a Preliminary Economic Assessment (PEA) NI 43-101 Technical Report on the La Joya Property in December 2013. The PEA included a mineral resource estimate (MRE) on the MMT and Santo Nino deposits (See Historical MRE Table) that was based on 89 holes totaling 30,085 m of Silvercrest’s drilling between 2010 and 2012 (See Historical MRE Model). The MRE was reported to conform to CIM definitions for resource estimation; however, a qualified person of Silver Dollar has not done sufficient work to classify the historical resource, and the Company is not treating it as a current mineral resource. Independent data verification and an assessment of the mineral resource estimation methods are required to verify the historical mineral resource.

The Property is situated approximately 75 kilometres southeast of the Durango state capital city of Durango in a high-grade silver region with past-producing and operating mines, including Silver Storm’s La Parrilla Mine, Industrias Penoles’ Sabinas Mine, Grupo Mexico’s San Martin Mine, Sabinas Mine, First Majestic’s Del Toro Mine, and Pan American Silver’s La Colorada Mine (Figure 4).

Figure 4: La Joya location and historical and operating mines in the area.

Dale Moore, P.Geo., an independent Qualified Person (QP) as defined in NI 43-101, has reviewed and approved the technical contents of this news release on behalf of the Company.

About Silver Dollar Resources Inc.
Silver Dollar is a dynamic mineral exploration company focused on two of North America’s premier mining regions: Idaho’s prolific Silver Valley and the Durango-Zacatecas silver-gold belt. Our portfolio includes the advanced-stage Ranger-Page and La Joya projects, as well as the early-stage Nora project. The Company’s financial backers include renowned mining investor Eric Sprott, our largest shareholder. Silver Dollar’s management team is committed to an aggressive growth strategy and is actively reviewing potential acquisitions with a focus on drill-ready projects in mining-friendly jurisdictions.

For additional information, you can visit our website at silverdollarresources.com, download our investor presentation, and follow us on X at x.com/SilverDollarRes.

ON BEHALF OF THE BOARD

Signed ‘Gregory Lytle’

Gregory Lytle,
President, CEO & Director
Silver Dollar Resources Inc.
Direct line: (604) 839-6946
Email: greg@silverdollarresources.com
179 – 2945 Jacklin Road, Suite 416
Victoria, BC, V9B 6J9

Forward-Looking Statements:
This news release may contain ‘forward-looking statements.’ Forward-looking statements involve known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this news release.

Source

This post appeared first on investingnews.com
by
Read More
In Investing

Canadian Investment Regulatory Organization Trade Resumption – HSTR

No Comments

Trading resumes in:

Company: Heliostar Metals Ltd.

TSX-Venture Symbol: HSTR

All Issues: No

Resumption (ET): 10:48:26 AM

CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions

Cision View original content: http://www.newswire.ca/en/releases/archive/November2025/25/c5121.html

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com
by
Read More
In Latest News

Trump pushes peace in Europe, pressure in the Americas — inside the two-front gamble

No Comments

In one corner of the world, the U.S. is trying to end a war. In another, it may be preparing to start one.

While Washington pushes proposals aimed at easing Russia’s terms for a cease-fire with Ukraine in Europe, it’s taking a far tougher stance in the Western Hemisphere — moving to label Venezuela’s military-linked Cartel de los Soles a terrorist organization and quietly expanding its military footprint in the Caribbean.

Sporadic strikes on alleged cartel boats off Venezuela’s coast have grown into the largest U.S. military presence in Southern Command’s area in a generation, with the world’s biggest aircraft carrier, the USS Gerald R. Ford, steaming toward the Caribbean Sea. President Donald Trump has reportedly approved CIA covert measures inside Venezuela — operations that often precede military force — and U.S. planners have already drawn up target lists for cartel sites, according to The New York Times.

Many believe the U.S. could soon launch direct strikes on Venezuelan territory aimed at pushing Nicolás Maduro out of power. 

At the same time, a top Russian commander, Colonel General Oleg Makarevich, has been reassigned from the Ukrainian front to head Russia’s Equator Task Force in Venezuela, overseeing roughly 120 troops training Venezuelan forces, Ukrainian intelligence chief Lt. Gen. Kyrylo Budanov told The War Zone. Fox News Digital has not independently verified Budanov’s claim.

Seth Krummrich, a retired U.S. Army colonel and vice president at Global Guardian, said Russian military advisers are indeed operating inside Venezuela but doubted Moscow would back Maduro militarily. ‘They’re there, full stop,’ Krummrich said. ‘But Russia needs to stop the massive blood-letting of its young men in Ukraine. They’re not going to go toe-to-toe with us militarily.’ He added that the relationship is long-standing: ‘There is a long history of Russian military advisers in Cuba and in Venezuela that goes on for decades.’

Many in Washington see a strategic payoff in forcing out Maduro: it would strip Russia of its last firm foothold in the Western Hemisphere — a loss comparable, in some analysts’ view, to Moscow’s waning influence in Syria. ‘Venezuela, for the longest time, has been a launch pad for Chinese, Russian, and Iranian influence in the Western Hemisphere,’ Krummrich said. ‘These chess pieces are all tied together when you arch your great-power competition.’

Other experts caution against assuming the U.S. escalation in Venezuela and its peace overtures in Europe are part of a single coordinated plan. Ryan Berg, director of the Americas Program at the Center for Strategic and International Studies (CSIS), spoke with Fox News Digital and said any overlap may be more coincidence than strategy.

‘We’ve been zigging and zagging in Venezuela,’ Berg said. ‘Trump has gone back and forth between build-ups and calls for dialogue, while the Russia timeline has only recently become parallel to these events. Anything that looks coordinated is likely coincidence.’

Berg recalled that during Trump’s first administration, some advisers floated an ‘Ukraine-for-Venezuela’ concept — asking Russia to relinquish its stake in Caracas in exchange for U.S. concessions in Eastern Europe — but the idea was quickly abandoned. ‘Russian power in Venezuela is important,’ Berg said, ‘but it’s not so overwhelming that it’s the reason Maduro survives.’

Russia’s footprint in Latin America has grown only modestly since the early 2000s, dwarfed by China’s economic expansion. Moscow’s closest partners remain Cuba, Venezuela, and Nicaragua. Beyond them, its influence is exercised mainly through media and selective economic pressure.

‘If you look at Russia’s trade profile with the region, it’s small,’ Berg said. ‘But Moscow is very good at using those few trade points for leverage.’

He cited examples: when Ecuador considered sending old Russian-made equipment to Ukraine in exchange for U.S. military aid, Russia threatened to block Ecuadorian banana exports — nearly $1 billion annually — by imposing new phytosanitary checks. The deal collapsed within a week.

Similarly, Moscow has kept Brazil and Argentina largely muted on the Ukraine invasion by leveraging its control over nitrate fertilizer exports, crucial to both agricultural giants. ‘They use whatever levers they have — bananas, fertilizer, spare parts — to coerce quietly,’ Berg said.

Russia also continues to service aging equipment across the region. ‘They sell a lot of kit here,’ Berg added. ‘Many countries still operate Russian-origin systems that need maintenance and parts. That creates dependency.’

If U.S. forces strike Venezuelan targets, most observers expect Russia to limit its response to intelligence sharing and disinformation, not combat support. ‘The Russians are pretty tied down in Ukraine,’ Berg said. ‘We saw during the 12-day war, when Iran appealed for help, Moscow stayed silent. They simply don’t have the capacity.’

Berg described a recent episode in which a sanctioned Ilyushin cargo plane landed in Caracas. Russian lawmakers briefly claimed it carried air-defense systems and technicians to assist Maduro, but Foreign Minister Sergei Lavrov later denied it. ‘He essentially said, ‘We have no mutual-defense treaty,’’ Berg noted. ‘That was widely read as: we’re not coming to Venezuela.’

John Hardie, deputy director of the Russia Program at the Foundation for Defense of Democracies, also spoke with Fox News Digital and said there is little evidence of a coordinated link between the U.S. buildup in the Caribbean and Washington’s peace overtures in Europe. ‘I don’t see any immediate connection,’ Hardie said. ‘Russia’s ability to influence events in Venezuela is pretty limited.’

He said Moscow’s power-projection capacity in the Western Hemisphere remains constrained. ‘They can take limited action — fly some bombers into the region, sail submarines to Cuba — but major operations in Latin America are beyond their capacity,’ Hardie said.

Hardie also noted reports of the Russian Ilyushin transport aircraft visiting Venezuela and suggestions it could have carried air-defense systems, but said any such transfer would have little strategic effect. ‘Even if Russia slipped in some air defenses, it wouldn’t make much difference,’ he said. ‘The Venezuelan military would still be heavily overmatched by the United States.’

Both Krummrich and Berg agree that momentum is building toward U.S. kinetic action. Berg said indications point to possible strikes between Thanksgiving and Christmas, as U.S. naval and intelligence assets align and Trump signals impatience with Maduro’s attempts to stall.

‘Maduro’s instinct is to buy time — that’s what’s kept him afloat through multiple administrations,’ Berg said. ‘But Trump wants results, not a two-year transition or vague promises about U.S. oil access. The question is what Maduro can offer that will actually satisfy him.’

Whether this two-track moment represents coincidence or coordination, the stakes are high. A peace framework in Europe could stabilize one front while a new flashpoint ignites closer to home — underscoring the paradox of Washington’s posture in late 2025: seeking de-escalation abroad while bracing for confrontation in its own hemisphere.


This post appeared first on FOX NEWS
by
Read More
In Latest News

‘Full-blown battle’ brewing in Dem party as Mamdani-style candidates rise in key races

No Comments

The far-left push within the Democratic Party, highlighted by mayoral victories by socialist candidates in New York City and Seattle, is poised to be a major factor in several key battleground House races as several candidates carrying the progressive mantle hold strong positions in Democratic primaries.

Several of the most competitive House races in the country feature candidates putting to the test whether progressive policies can appeal to voters outside deep blue urban centers, including in California’s 22nd Congressional District, where Democrat Randy Villegas is running to unseat Republican Rep. David Valadao. 

‘Bernie and I share the same goal: to make life more affordable for working families,’ Villegas said in a statement after being endorsed by Sen. Bernie Sanders, I-Vt., a self-described ‘democratic socialist.’

‘He has dedicated his life to putting power in the hands of ordinary Americans instead of the ultra-rich, and I’m excited to work together to fight for our communities here in the Central Valley and across the country.’

In addition to being endorsed by Sanders, who endorsed New York City Mayor-elect Zohran Mamdani, Villegas has employed the Fight Agency advertising firm, among others, which is led by operatives who also helped Mamdani cruise to victory earlier this month.

Fox News Digital reported this week that Fight Agency is also working to defeat two vulnerable House Republicans in Pennsylvania, Reps. Rob Bresnahan and Ryan Mackenzie.

Villegas, endorsed by the progressive Working Families Party that endorsed Mamdani, is currently running in a Democratic primary against California state Assemblywoman Jasmeet Bains, who was recruited by the Democratic Congressional Campaign Committee (DCCC) and currently is sitting on less cash on hand than Villegas.

‘Here in the Central Valley, we couldn’t care less about political labels,’ Villegas said in a statement to Fox News Digital. ‘We care about being able to see a doctor without going bankrupt and being able to feed our families without needing a second job. We’re sick of politicians in both parties selling us out to billionaires and corporations. Any politician who isn’t fighting for working families like our lives depends on it needs to get out of the way.’

In Colorado’s 8th Congressional District, GOP Rep. Gabe Evans is being challenged by another progressive Democrat, Manny Rutinel, in what is expected to be one of the tightest House races next November.

Rutinel, who serves as a Colorado state representative, who was reportedly spotted alongside Mamdani and holds a large fundraising lead over his Democrat opponents, has associated himself with a variety of far-left groups and politicians, including Rep. Ilhan Omar, D-Minn., Townhall reported.

Rutinel has been endorsed by progressive groups like CHC Bold PAC and Latino Victory Fund.

The race to unseat GOP Rep. Darrell Issa in California’s redrawn 48th Congressional District features Democrat Ammar Campa-Najjar, who describes himself as a ‘working-class progressive’ and was endorsed by the Sanders-linked group Our Revolution. 

Campa-Najjar, who volunteered for Sanders’ 2016 presidential campaign and appears to be the front-runner in the Democratic primary, was endorsed in 2020 by the Working Families Party as well as Democrat Rep. Alexandria Ocasio-Cortez’s Courage to Change PAC. 

GOP Rep. Tom Barrett is up for re-election in Michigan’s 7th Congressional District, and one of the Democrats running to replace him is William Lawrence, who co-founded the progressive Sunrise Movement.

Lawrence’s policies have drawn comparisons to Mamdani, including from the Lansing City Pulse, who wrote that his ‘campaign is built on a community movement, a message of ‘real representation’ that takes ‘political control away from the establishment and puts it back in the hands of the people.’ It’s like how Zohran Mamdani won in New York City.’

Peter Chatzky is running as a Democrat challenging GOP Rep. Mike Lawler in New York’s 17th Congressional District, and although he is running in a crowded primary, he has the ability to self-fund and is viewed as a formidable contender in a district ranked by Cook Political Report as ‘Lean Republican.’

Chatzky has defended Mamdani’s agenda on social media and praised the young socialist for running ‘an effective campaign that consistently focused on affordability, fairness, and opportunity in New York City.’

Chatzky, the only Democrat in the field who has called for Senate Minority Leader Chuck Schumer to step down, has expressed support for ‘universal healthcare.’

Like Mamdani, Chatzky has also faced criticism for his positions on Israel and defended Mamdani against allegations of antisemitism. 

In Nebraska, John Cavanaugh, a state senator, is running as a Democrat to replace retiring GOP Rep. Don Bacon in the 2nd Congressional District with the endorsement of the Congressional Progressive Caucus, which he said he is ‘grateful’ for and that he plans to join them on the ‘front lines.’

As Democratic leadership in Washington, D.C. begins to face calls for new faces, Republicans across the country have made the argument that the socialist push in recent months is reshaping key House races and changing the landscape of the way the Democratic Party operates going forward. 

Mike Marinella, national spokesperson for the National Republican Congressional Committee (NRCC), told Fox News Digital the rise of progressive candidates is a ‘full-blown battle for the soul of the Democrat Party’ and concluded that the ‘socialist stampede is winning.’

‘Democrats aren’t focused on helping working families, they’re too busy tearing each other apart.’ 

In a statement to Fox News Digital, DCCC spokesperson Viet Shelton touted the Democrats across the country who are focusing on affordability. 

‘Because of House Republicans, everything is too damn expensive and working families are struggling. Republican operatives in D.C. know they can’t win on the issues, so we’re seeing them melt down in real time,’ Shelton said.

‘Even President Trump is in the Oval Office desperately bear hugging the Mayor-elect. It’s embarrassing. While they waste their time, Democrats across the country are laser focused on lowering prices and fighting for everyday Americans, which is why we will re-take the majority.’


This post appeared first on FOX NEWS
by
Read More
In Latest News

CCP-linked firms quietly hold stakes in US solar companies fueling Dems’ green push

No Comments

A pair of major North American solar companies, including one touted by Senate Democrats in 2023, could face scrutiny over their ties to China.

While the feds have created barriers to Chinese firms flooding the solar market, many have found ways to localize operations in the U.S. or North America in a manner that allows for public investment and even deferential press coverage at times.

After then-President Joe Biden signed the Inflation Reduction Act, Senate Democrats praised the law for its substantive investments in ‘green’ energy, including solar. One company that received top billing was an Ontario-based firm that was founded by a Chinese entrepreneur and keeps much of its assets in China.

‘The Inflation Reduction Act is already paying huge dividends for the American people,’ blared a topline from Senate Democrats in 2023 after investments were being made in several companies.

The release cited a Reuters report that Canadian Solar – based in Guelph, Ontario, but founded by Qu Xiaohua and with its main operating arm listed on Shanghai’s SciTech board – committed to $250 million to a 5GW module facility in Texas after the IRA took effect.

Trina Solar North America president Steven Zhu boasted to China Daily, a Chinese state-run propaganda outlet, that the project represents ‘a significant investment in American manufacturing that will bolster the U.S. solar market in addition to positioning Texas as a leader in the transition to a sustainable future.’

Canadian Solar saw a 34% spike in its stock performance in the first half of 2022, according to a Benzinga analysis, which quoted company CEO Shawn Qu as saying he was ‘excited to see the [IRA] in the U.S. coming into effect.’ The report said ‘alternative energy companies’ like Canadian Solar stood to get a leg up thanks to about $370 billion in subsidies from the IRA.

A 2025 company filing with the Securities & Exchange Commission (SEC) referenced that due to the company’s business in China, the CCP ‘may intervene or influence the operations of our PRC subsidies at any time’ and that the firm is ‘exposed to legal and operational risks associated with having a significant portion of our manufacturing operations in China.’

The Canadian-based company with a large Chinese manufacturing footprint – praised by Democrats – extends China’s state-backed dominance, yet can still qualify for IRA tax incentives meant for American allies – something that Congress has been focused on.

Rep. John Moolenaar, R-Mich., chairman of the House Select Committee on the CCP, recently sounded the alarm on companies affiliated with China that receive or are qualified for federal subsidies – including through Biden’s IRA.

Moolenaar previously focused on another Chinese firm called Gotion, telling The Midwesterner there are ‘about 30 tax credits’ in the law ‘Biden calls his Inflation Reduction Act [that] will go to companies who are manufacturing, in some way, green energy.’

Moolenaar’s ‘No Gotion Act’ would ensure no subsidies go to firms based in officially designated politically-concerned countries like China, Russia, North Korea and Iran.

He also inserted language in the 2024 funding bill for the Department of Energy that would prohibit the agency from awarding contracts to companies tied to the CCP.

Fox News Digital reached out to Moolenaar for additional comment.

Rep. Carlos Gimenez, R-Fla., chair of the House Homeland Security Transportation Subcommittee, said at the time that the U.S. cannot continue ‘ceding dominance over our critical supply chains to our greatest geopolitical rival.’

Gimenez, who was born in communist Cuba and fled to the U.S. as a child, said Western nations were too slow to recognize threats from Huawei and TikTok, and that doing business in China ensures the CCP will get a cut; ‘a steep cost.’

Canadian Solar had about 12,000 employees in China at the beginning of the year with less than 6,000 in the rest of the world combined.

The Coalition for a Prosperous America raised red flags in a report last year on Chinese dominance in the solar industry, and the fact that they’re largely kept afloat by ‘massive financial support’ from the Chinese government – with reports citing as much as Y1B ($140M) in subsidies in recent times.

Those subsidies, CPA argued, threaten all solar firms in the West.

In 2024, Trina Solar, then a subsidiary of a Chinese solar giant by the same name, forged an agreement to sell its Texas-based manufacturing assets to another U.S.-based but Chinese-tied company, which is now known as T1 Energy. Trina Founder Gao Jifan is also a Chinese National People’s Congress delegate.

Gao has several links to CCP-connected organizations, as a profile on the Chinese-controlled search giant Baidu lists several curriculum vitae, including a former vice president of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products – a semi-governmental trade association made up of representatives from several industrial and green-energy corporations like Huawei and Trina Solar.

More recently, in 2023, Gao was vice president of the China Association for the Promotion of Industry-Academic-Research Cooperation, a group under the auspices of the CCP’s Ministry of Science and Technology that connects research universities and manufacturing outfits in the fields of nanotechnology, material manufacturing and green energy.

Rep. Mike Gallagher lays out House Select Committee on China

On its homepage, T1 bills itself as ‘building domestic solar and battery supply chains to invigorate America with scalable, reliable, and low-cost energy,’ and saying that ‘America needs advanced manufacturing capacity to unlock our most scalable energy resources.’

Baidu noted Gao’s investment in a Texas solar module factory, saying he did so to ‘prevent the shipment of photovoltaic products from being blocked.’

T1 formed after FREYR Battery, a Norwegian firm, sold off its Texas assets to Trina Solar, which then rebranded the operation as T1 Energy after a restructuring – while FREYR focused on a separate Georgia operation.

T1 positions itself as an ‘integrated U.S. supply chain for solar and batteries,’ but remains largely dependent on Trina.

Earlier this month, T1 tweeted a video of robots at its Texas factory, saying that it produced 14MW of solar panels in one day and calling it ‘the path to American power.’

Trina Solar, the Chinese company, owns between 16-25% of T1, according to reports, allowing it a minimum of two board members. One member is reportedly a businessman who previously held a deputy directorship at the Chinese Development Bank, a financial powerhouse that helps fund China’s infamous Belt-and-Road Initiative.

A Caribbean-domiciled firm tied to the wife of a Trina executive also holds a stake in T1, potentially offering more Eastern control.

With T1 being a U.S. company eligible for tax credits under the IRA, the company benefits – but also its dependence on Chinese subsidy translates to a CCP-tied firm benefiting from American money.

In Canadian Solar’s case, critics have considered the branding and international dynamic to be geopolitical camouflage, suggesting to Western governments the company is one of their own.

The overall dynamic is one that again depicts China’s persistence in circumventing or manipulating U.S. defenses in various situations, this time in business and investments.

Sen. Hagerty highlights

Chinese companies often collaborate on joint transpacific ventures and keep their equity stakes just under the proportion that triggers federal restrictions as a ‘Foreign Entity of Concern’ (FEOC).

Fox News Digital reached out to Trina Solar and Canadian Solar for comment.

Fox News Digital’s Cameron Cawthorne contributed to this report.


This post appeared first on FOX NEWS
by
Read More
In Economy

Business Conditions Monthly September 2025: Data Blackout

No Comments

The longest federal shutdown in US history has created deep gaps in the flow of economic data, preventing calculation of the Business Conditions Monthly indices. Most BCM components depend on federal statistical agencies, including the US Bureau of Labor Statistics, Census Bureau, Bureau of Economic Analysis, and the Federal Reserve, that were unable to collect, process, or publish October 2025 data. As a result, critical indicators such as payroll employment, labor force participation, consumer price index, industrial production, housing starts, retail sales, construction spending, business inventories, factory orders, personal income, and several Conference Board composites remain unavailable or were published without the sub-series needed for BCM methodology. Agencies have already confirmed that several October datasets were never collected and cannot be reconstructed. And while a handful of private and market-based measures (University of Michigan consumer expectations, FINRA margin balances, heavy truck sales, commercial paper yields, and yield-curve spreads) continued updating normally, the BCM cannot be produced unless all 24 components are available for the same month; missing even one Census or BLS series renders the entire month unusable.

Because the October data will not be produced, that month is permanently lost for BCM purposes. The indices can resume only once federal agencies complete their post-shutdown catch-up work and release full, internally consistent datasets for the next available month in which all 24 BCM components exist. Even once resumption begins, calculations based on the first complete month may reflect a gap that renders that initial reading economically suspect. Based on current release schedules, the earliest realistic timeframe for restoring the BCM is early 2026, once a complete set of post-shutdown data is again available. 

This new data void is a graphic illustration of how short-term, error-prone, and erratic US economic policy has become, echoing earlier episodes such as the “transitory” miscalculation of 2021, the ruinous and clumsily-handled pandemic responses, and the panicked Fed rate hikes between 2022 and 2023 which resulted in a minor banking crisis. 

Discussion, October – November 2025

September’s inflation data (released October 24th) offered a rare clean signal in an otherwise muddied environment, confirming a broad though modest cooling in both headline and core CPI before the federal shutdown froze statistical agencies. Headline CPI rose 0.31 percent and core 0.23 percent, both softer than expected, with year-over-year core easing to 3.0 percent. Goods inflation softened, helped by declining vehicle prices and deflation among low–tariff-exposure categories. Core services, meanwhile, slowed sharply on a sizable drop in shelter inflation. Firms continued to pass through roughly 26 cents of every dollar of tariff costs, leaving price pressures elevated but stable, and diffusion indices showed slightly narrower breadth, with fewer extreme increases or declines. Combined, these data reinforced market expectations for another rate cut in December.

Producer price data (released November 25th) painted a similar picture of contained underlying pressures, reinforcing the disinflationary tilt suggested by the CPI. September headline PPI firmed to 0.3 percent on an energy spike, but core PPI rose only 0.1 percent, below expectations, and categories feeding into the Fed’s preferred core PCE gauge were mixed. Portfolio-management fees fell sharply, medical services posted uneven readings, and airfares jumped, suggesting pockets of resilient discretionary spending. Overall producer-side inflation remained tame. Prices for steel and aluminum products covered by Section 232 tariffs have risen about 7.6 percent since March yet appear to be leveling off, supporting the observation that tariff-driven pressures are largely one-time rather than accelerating. The challenge ahead is that October CPI and several subsequent releases will be heavily compromised: two-thirds or more of price quotes were never collected during the shutdown, forcing the Bureau of Labor Statistics to rely on imputation well into spring 2026. As a result, September’s moderate inflation reading may be the last clean data point for months, complicating the Fed’s ability to gauge true disinflation progress even as markets continue to anticipate further easing.

Against this backdrop, the Fed entered its October 28–29 meeting with more uncertainty than usual and opted for the path of least resistance: cutting rates by 25 basis points and announcing that quantitative tightening via the balance sheet will be dialed back starting on December 1st, citing tightening liquidity conditions and a lack of reliable data as the shutdown froze much of the federal statistical system. Policymakers framed the cut as insurance against downside labor market risks even as Chair Powell used his press conference to push back against the idea that another cut at the December 9–10 meeting is guaranteed, emphasizing sharply divided views on the Committee, evidence that bank reserves are slipping from “abundant” to merely “ample,” and the need to pause without fresh official readings on employment or inflation. The statement’s sober description of growth as “moderate,” despite private-sector estimates nearer 4 percent, underscored how the absence of October CPI, payroll data, and other inputs are forcing the Fed to rely on partial and private data, much of which points to softening hiring but continued consumer spending. Markets initially assumed a follow-up cut in December, but Powell’s more hawkish tone, noting lingering inflation frustrations, mixed labor signals, and uncertainty about whether recent growth is real or overstated, pulled those odds down sharply. Investors are now bracing for a data-blind December decision in which alternative labor indicators may carry more weight than any official release.

This dynamic is sharpened by the fact that September’s nonfarm payrolls report is now the only official labor data point available to the Fed before the December meeting, complicating case for another rate cut at a time when the shutdown has halted JOLTS (next release: August 2025, on December 9th), ADP (October 2025, on December 3rd), and every other major labor indicator for October and November. Payrolls rose by 119,000, more than double the consensus, with gains concentrated in construction, health care, and leisure and hospitality. The prior two months were revised down, August job creation turned negative; the unemployment rate rose to 4.44 percent; the latter primarily because labor force participation jumped. Wage growth slowed to 0.2 percent, and sector-level data showed uneven hiring with services expanding, transportation and warehousing shrinking and unemployment inflows continuing to exceed outflows for a third month. In total, the report suggests gradual softening of labor market conditions beneath the surface. 

With October and November employment reports cancelled and the next release tentatively planned for December 16, policymakers are left to make a December decision based on a single, stale release, private proxies, and fragmentary signals.

Meanwhile, October’s Institute for Supply Management surveys offered a split view of the underlying economy, reinforcing the sense that growth is uneven but still resilient in places. Services activity accelerated meaningfully, with the headline index rising on the back of strong new orders and renewed business activity — these were partially fueled by data center demand and a burst of mergers and acquisitions in tech and telecom. Contrarily, manufacturing slipped further into contraction at as production reversed sharply following September’s jump. Yet beneath the manufacturing headline, several forward-looking indicators improved, including new orders, backlogs, and employment, all alongside price pressures easing as producers reported input costs rising at a slower pace. Services told the opposite inflation story, with the prices-paid index surging to its highest reading since 2022 and respondents explicitly citing tariffs as a driver of higher contract costs even as service-sector employment contracted more slowly. Taken together the ISM data depict an economy still expanding on the services side while manufacturing remains weak but stabilizing, with demand firming across both sectors even as inflation dynamics sharply diverge.

Those mixed signals contrast with a sharp deterioration in household sentiment. Consumer sentiment fell in November 2025 to one of the lowest readings ever recorded as Americans reported the weakest views of their personal finances since 2009 and the worst buying conditions for big-ticket goods on record. Despite inflation expectations easing for both the one-year (4.5 percent) and long-term (3.4 percent) horizons, households remain deeply strained by high prices, eroding incomes, and growing job insecurity, with the probability of job loss rising to its highest level since mid-2020 and continuing unemployment claims climbing to a four-year high. The survey also highlighted a widening split between wealthier households (whose stock market gains and assets cushion them) and non-stockholders, whose financial positions are deteriorating even as headline economic data appear steady. Of particular note American consumer views darkened even after the federal shutdown ended, suggesting that sentiment is being driven less by political theater and more by lived economic pressure.

View on the other side of the cash register were not materially brighter, which reinforces the broader theme of a cooling but still functioning economy. Small business sentiment slipped to a six-month low in October with the National Federation of Independent Business optimism index falling as firms reported weaker earnings, softer sales, and rising input costs. Half of the index’s components declined, including a notable drop in owners’ expectations for future economic conditions – now at their lowest since April – while the share reporting stronger recent earnings posted its steepest decline since the Covid pandemic. Hiring challenges eased, with only 32 percent of respondents unable to fill openings and fewer firms citing a lack of qualified applicants. Yet near-term hiring plans ticked down for the first time since May, reflecting caution rather than confidence. Price pressures moderated, planned price hikes slipped to a net 30 percent, and somewhat paradoxically the uncertainty index fell to its lowest level of the year (yet remained high by historical standards). The consequent picture is one where firms are still uneasy, yet not panicking, about souring trends in demand, margins, and the broader economic trajectory.

In retail consumption the recent narrative is similar: signs of slowing momentum but not collapse. September brought a modest downshift from August’s brisk pace as households eased off goods purchases after an unusually strong back-to-school season, even as discretionary spending at restaurants and bars remained solid. Headline retail sales rose just 0.2 percent, with most of the softness concentrated in nonstore retail, autos, and the control group categories (clothing, sporting goods, hobby items, and online purchases) all of which gave back part of the summer’s surge. Food services and drinking places, by contrast, continued to post healthy gains, suggesting the pullback in goods was more a matter of normalization than retrenchment, and that spending momentum remained intact through the end of the third quarter. Despite the mixed monthly profile, strength earlier in the summer left real consumer spending on track for a robust 3.2 percent annualized gain in the third quarter, underscoring that households, however stretched and anxious, were still spending steadily heading into the shutdown.

All of this must be interpreted through the lens of the unprecedented disruption of the federal statistical system. The next industrial production and capacity utilization readings are likely to be released on December 3, but beyond that, the timing of most other releases remains uncertain, and agency leaders must now decide which October data can be reconstructed and on what schedule. The CPI presents the thorniest case: with two-thirds of its 100,000 monthly price quotes gathered through in-person store visits, none of which occurred in October 2025, the probability is high that no October CPI will ever be published, and the November CPI may also be delayed beyond the December FOMC meeting. Missing shelter data will complicate rent calculations well into the first quarter of 2026, while surveys fundamental to unemployment measurement simply cannot be recreated weeks after the fact. Although payroll employment and GDP are less vulnerable, because both can be backfilled from employer and business records, the broader effect is essentially the same: for the next several months, official US data will be patchy, delayed, and in some cases permanently incomplete.

Even once agencies resume full operations, the statistical damage will ripple outward, affecting not only headline indicators but also numerous dependent series and long-running supplements. The unemployment rate may post its first missing observation in more than 75 years, since labor market transition measures cannot be estimated. The education supplement to the October household survey will disappear entirely. More immediately, the delays in the November employment report and CPI mean the Fed’s December rate decision will be made with little to no official visibility on inflation or labor conditions for two full months — an extraordinarily rare and consequential impairment. While most of the record will eventually be repaired, the next several weeks will hinge on crucial judgments by BLS, BEA, Census Bureau, and Federal Reserve officials about accuracy, feasibility, and timing. Those choices will inexorably determine how quickly the economy’s statistical foundation regains its footing.

Back to the macroeconomic outlook: soft data show the economy’s split personality: services expanding while manufacturing contracts but stabilizes, consumer sentiment collapsing to near-record lows amid deteriorating personal finances and job anxiety with consumption remaining strong, and small-business optimism slipping on weaker earnings and softer sales. The loss of October and November’s core indicators, plus gaps going forward, mean that policymakers have no reliable read on inflation momentum or labor market cooling, forcing them to evaluate the economy through anecdotes and information patches rather than a full picture. In this environment, even modest surprises — whether in private-sector labor trackers, ISM reports, or high-frequency spending data — carry outsized weight, shaping market expectations and policy debates in ways that would never occur under normal statistical conditions. For now, the lone clear signal amid the noise is the price of gold, and its message is unmistakably cautious.

CAPITAL MARKET PERFORMANCE

by
Read More
In Investing

Barrick Regains Control of Mali Gold Mine, Agrees to Pay US$430 Million Settlement

No Comments

Barrick Mining (TSX:ABX,NYSE:B) has taken a major step toward ending its months-long standoff with Mali, confirming a deal that will restore its control over one of Africa’s most productive gold operations.

After reports that the two sides had reached an agreement in principle circulated last week, Barrick confirmed on Monday (November 24), it will withdraw its arbitration claim at the World Bank’s dispute-resolution center.

In a more recent development, people familiar with the matter told Bloomberg that the deal includes a 244 billion CFA francs (US$430 million) settlement.

Under the terms described by those sources, Barrick is expected to pay 144 billion CFA francs within six days of signing, with an additional 50 billion CFA francs to be covered through VAT-credit offsets.

Another 50 billion CFA francs had already been paid last year, the sources said, though Barrick declined to comment on whether the deal included a settlement component.

In return, Mali will drop its charges against the company, end state control of the Loulo-Gounkoto complex, and take legal steps to release the four detained employees. The government also confirmed that Barrick’s permit for the Loulo mine, which was set to expire in February, will be renewed for another decade.

The deal is also conditioned with the company accepting the country’s 2023 mining code, the very issue that triggered the confrontation.

Tensions spiked in January when Mali’s military government halted gold exports, detained senior Barrick personnel and seized several tonnes of gold from the site.

A local court later appointed former health minister Soumana Makadji to run the operation under state oversight, effectively pushing Barrick out of a mine it has long managed through a joint venture.

The agreement marks a significant reversal of that intervention and paves the way for Loulo-Gounkoto to return to normal operations.

Production only resumed in late October after a separate deal to restart payments to local contractors, though at that time Barrick did not comment publicly on the arrangement.

Monday’s settlement with the government now sets the stage for a full restoration of the joint venture.

The breakthrough also comes as the company faces intensifying pressure on multiple fronts, as activist investor Elliott Investment Management has recently acquired a major stake worth at least US$700 million in the company.

Elliott is known for forcing corporate overhauls in the mining sector, and its arrival has sharpened scrutiny of Barrick’s performance after a year marked by falling production and rising costs.

The company has lagged peers despite record-high gold prices, with analysts citing the setbacks in Mali, ongoing concerns around the massive Reko Diq project in Pakistan, and turbulence in the executive ranks.

That turbulence erupted publicly in September with the abrupt exit of longtime chief executive Mark Bristow, whose relationship with Barrick chair John Thornton had reportedly deteriorated after years of missed guidance and strategic disagreements.

Sources told the Financial Times the two had barely been speaking by the time headhunters were commissioned to evaluate successors.

Interim chief executive Mark Hill has been trying to stabilize the company with a sweeping reorganization. In an internal memo reviewed by Bloomberg, he said Barrick would fold the Pueblo Viejo mine into its North American division and merge its Latin America and Asia Pacific operations.

He also announced leadership changes to sharpen the focus on Barrick’s Nevada mines, one of the company’s most valuable assets but also the site of serious safety lapses this year.

The restructuring has revived speculation about whether Barrick could eventually split its portfolio into separate companies or become a takeover target.

Currently, the company trades at a lower valuation multiple than rivals, making its assets particularly attractive if separated into a North America-focused unit and other housing operations in Africa, Latin America and the Asia Pacific region.

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

This post appeared first on investingnews.com
by
Read More