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Rap superstar Nicki Minaj recently thanked President Donald Trump for shedding light on the persecution of Christians in Nigeria.

‘Christianity is facing an existential threat in Nigeria. Thousands of Christians are being killed. Radical Islamists are responsible for this mass slaughter,’ Trump wrote in a post on Truth Social on Friday. ‘The United States cannot stand by while such atrocities are happening in Nigeria, and numerous other countries. We stand ready, willing, and able to save our great Christian population around the world!’

Minaj is open about her Christian faith and said that the president’s statement made her ‘feel a deep sense of gratitude.’

‘Reading this made me feel a deep sense of gratitude. We live in a country where we can freely worship God. No group should ever be persecuted for practicing their religion. We don’t have to share the same beliefs in order for us to respect each other,’ Minaj wrote.

‘Numerous countries all around the world are being affected by this horror [and] it’s dangerous to pretend we don’t notice. Thank you to the president [and] his team for taking this seriously. God bless every persecuted Christian. Let’s remember to lift them up in prayer,’ she added.

U.S. Ambassador to the United Nations Mike Waltz thanked Minaj for ‘using your platform to speak out in defense of the Christians being persecuted in Nigeria.’

‘We cannot allow this to continue,’ Waltz added. ‘Every brother and sister of Christ must band together and say, ‘Enough!”

The situation for Christians in Nigeria has become dire as entire villages have been burned to the groups, worshippers have been murdered at Sunday services and thousands have been displaced by Islamist groups sweeping through the country.

‘Even being conservative, it’s probably 4,000 to 8,000 Christians killed annually,’ Mark Walker, Trump’s ambassador-designate for International Religious Freedom, told Fox News Digital. ‘This has been going on for years — from ISWAP to Islamist Fulani ethnic militias — and the Nigerian government has to be much more proactive.’

Trump said he has directed Rep. Riley Moore, R-W.Va., Rep. Tom Cole, R-Okla., and members of the House Appropriations Committee to investigate the situation and report their findings to him.

The president also said that he would designate Nigeria a ‘country of particular concern’ (CPC). According to the U.S. Commission on International Religious Freedom (USCIRF), in countries with that designation, the government has ‘engaged in or tolerated particularly severe violations of religious freedom,’ which is defined as ‘systematic, ongoing, and egregious violations of religious freedom.’ This comes from the 1998 International Religious Freedom Act.

‘Nigeria is the most dangerous nation on Earth to follow Christ,’ the House Appropriations Committee said in a statement. ‘For simply practicing their faith, Christians are actively being kidnapped, attacked, and slaughtered. With President Trump announcing he will be redesignating Nigeria as a Country of Particular Concern, the United States is making clear in one resolute voice: religious persecution will not be tolerated. The scourge of anti-Christian violence and oppression of other religious minorities by radical Islamic terrorists is an affront to religious freedom. This is a critical step in mobilizing leadership and attention to confront evil extremism.’

The committee vowed that once the government shutdown is over, its members will ‘continue moving full-year appropriations across the finish line to uphold your priorities. We know you’ll be ready at your desk with a pen in hand.’

Fox News Digital reached out to Minaj’s representative for comment but did not immediately receive a response.

Fox News Digital’s Efrat Lachter and Sophia Compton contributed to this report.

This post appeared first on FOX NEWS

Staggering revelations came out this week concerning Operation Arctic Frost, the Biden Justice Department’s weaponization campaign against Republicans predicated on the non-crime of objecting to a presidential election.

Democrats lodged similar objections in 1969, 2001, 2005 and, most infamously, in 2017 when they cited the discredited Steele Dossier to attempt to overturn President Trump’s victory. Yet, none faced charges. Objecting to electors is protected by the First Amendment and the Electoral Count Act of 1887. It was eminently reasonable for Members of Congress—the arbiters of whether to certify election results—to lodge inquiries about the fairness of the 2020 election.

There is no evidence that the Arctic Frost targets participated in any crimes that occurred at the Capitol riot on January 6, 2021. Still, Biden Attorney General Merrick Garland, Deputy Attorney General Lisa Monaco, former FBI Director Christopher Wray, and Special Counsel Jack Smith went on a fishing expedition targeting President Trump, his aides, the Republican Attorneys General Association, Members of both chambers of Congress, and many other Trump allies.

Thanks to the stellar leadership of FBI Director Kash Patel and Deputy Director Dan Bongino, Senate Judiciary Committee Chairman Chuck Grassley—an oversight bulldog for more than half a century—was able to deliver a powerful presentation to the media that detailed the horrific abuse of power by the Biden administration. For no valid reason, Jack Smith and his henchmen sought phone records for nine senators, all Republicans.

Even more alarmingly, Smith subpoenaed AT&T to tap the office line of Sen. Ted Cruz of Texas. AT&T declined to do so on the advice of counsel but could not disclose Smith’s astonishing request thanks to an order from radical D.C. Obama Judge James Boasberg. Boasberg preposterously asserted that disclosure could lead to evidence destruction and witness intimidation. As former top Senate attorney Michael Fragoso pointed out, Boasberg’s secret snooping likely violated a clear federal statute that requires disclosure to the Senate when spying on a senator.

Boasberg deserved impeachment even prior to this revelation based on his grossly irresponsible order to turn planes full of Tren de Aragua terrorists around while they were flying over the ocean, lawlessly exposing an ongoing military operation and endangering American and allied lives. The House more than ever needs to impeach this renegade judge.

People are understandably outraged at the Democrats’ weaponization of law enforcement, and many are upset that, in their view, not enough is being done. This sentiment ignores the reality of our legal system. Earlier this month, Miami U.S. Attorney Jason Reding Quiñones sought and obtained permission to empanel two new grand juries in January—including in Fort Pierce, Florida. It takes several months to prepare for a grand jury because prospective grand jurors need sufficient notice to respond to summonses. Anyone who has received a jury duty summons understands this process. Hopefully, this grand jury will investigate the unprecedented Mar-a-Lago raid as part of a broader probe into a conspiracy against the rights of President Trump, his aides, and his allies pursuant to 18 U.S.C. § 241.

Criminal charges also are time-consuming because defendants can delay the process. Former FBI Director James Comey and New York Attorney General Leticia James, for instance, have moved to dismiss their charges on the grounds of vindictive prosecution. They also claim that Lindsey Halligan, U.S. Attorney for the Eastern District of Virginia, is serving pursuant to a constitutionally invalid appointment. If the leftist judge rules in their favor, the government will appeal, but this is time-consuming, especially if the case reaches the Supreme Court. Jack Smith tried to rush President Trump’s D.C. criminal case to trial, attempting to bypass the D.C. Circuit during the appeal of the presidential immunity issue. The Supreme Court rightly rebuffed Smith’s politically-motivated effort, and Smith’s blatant attempt to rush provided plenty of ammunition for his critics. As one federal judge wisely summarized the right course of action in criminal cases, it is better to do it right than to do it twice.

Patel and Bongino are not sitting on the sidelines while the criminal process plays out under the superb leadership of Attorney General Pam Bondi and Deputy Attorney General Todd Blanche. Over ten ringleaders and more than five case agents involved in the Arctic Frost case have been fired so far. Many of these agents, such as Walter Giardina, are suing over their terminations. These suits will take time to play out, as will more firings.

Patel and Bongino have done far more than investigate weaponization. Congress had been demanding documents concerning the shooting that nearly killed House Majority Leader Steve Scalise and more than a dozen other lawmakers by a deranged Bernie Sanders supporter nearly a decade ago. Shortly after assuming office, Patel and Bongino delivered the documents. The FBI also has been at the forefront of drug seizures, taking enough fentanyl off the streets to kill 127 million innocent Americans. The government also has seized more than 190,000 kilos of cocaine and more than 8,000 kilos of methamphetamine. In addition, the Trump administration has taken more than 6,000 illegal weapons off of our streets. Violent crime arrests are up 100%, and gang arrests are up over 200%. Arrests of child predators are up 10%, and human trafficking arrests are up 15%. Four of the FBI’s Ten Most Wanted have been captured; no captures occurred in 2024.

Justice is coming for those responsible for the lawfare; Bondi, Blanche, Patel, and Bongino are working diligently to make it happen. They were the targets of the weaponization they are investigating; they have no reason to drag their feet in exposing it and holding its architects accountable. Patience is a virtue, and the coming justice for the individuals who engaged in Republic-ending lawfare surely will be worth the wait. We will make sure of it.

This post appeared first on FOX NEWS

When New York mayoral candidate Zohran Mamdani stepped to the microphone outside the Islamic Cultural Center of the Bronx last week near Yankee Stadium, his voice broke as he spoke about ‘the memory of my aunt who stopped taking the subway after Sept. 11 because she did not feel safe.’

Behind him, a Yemeni-American educator in sunglasses named Debbie Almontaser nodded. Almost two decades ago, in 2007, she was forced to resign as principal of a city school after defending a T-shirt with the slogan ‘Intifada NYC.’ City officials viewed it as a call to violence. She said it was benign. Her case became a rallying cry for Muslim American activists who cast her as a victim of ‘Islamophobia.’

Now, Almontaser was back, this time as a senior advisor to Emgage Action and a board member of Yemeni American Merchants Association Action, two of 110 political nonprofits, community groups and political action committees backing Mamdani as he alleges ‘islamophobia’ against him. Recently, when critics questioned Mamdani’s ties to hardline Brooklyn Imam Siraj Wahhaj, she sprang to action, helping to organize a protest to defend Wahhaj. 

That rapid, coordinated response captured the modus operandi of a network of political operatives and clerics intertwined with the shared mission of catapulting Mamdani into the mayor’s office.

Mamdani’s background diverges from many of his co-religionists. In an interview, he said he is a Khoja Shia Muslim, part of a small, relatively liberal sect with roots in India. Many of his New York-area allies are religiously strict Sunni Muslims who practice more conservative interpretations of the faith. But they find common ground in politics.

‘It’s a sophisticated fusion of religion, politics and identity,’ said Mansour Al-Hadj, a Washington-based researcher on Muslim political movements and extremism. ‘The same networks that once focused on community services are now mobilizing voters and producing candidates. This is how political Islam adapts inside democracy.’

Mamdani’s God Squad includes about a few dozen key players who specialize in painting any critique as an attack on their faith, accusing critics of Islamophobia even as many of them have engaged in strident rhetoric against the U.S., Israel and capitalism.

Mamdani set off a firestorm on Oct. 7 when he walked into Masjid At-Taqwa in Brooklyn and later posted a photo of himself beaming beside the mosque’s imam, or prayer leader, Siraj Wahhaj.

The imam’s checkered past goes back decades. In a 1992 talk, he said American Muslims should elect an ’emir’ rather than choose between George Bush and Bill Clinton. Soon after, he served as a character witness in the trial of Sheikh Omar Abdel-Rahman, the so-called ‘Blind Sheikh’ convicted for plotting the 1993 World Trade Center bombing that killed six people. 

‘You know what this country is?’ Wahhaj said in 1995. ‘It’s a garbage can. Filthy. Filthy and sick.’

In 2018, three of Wahhaj’s children were arrested after authorities found 11 malnourished children in a New Mexico compound tied to his family; a grandchild had died in what authorities described as an attempted exorcism. He told local news reporters, ‘Whatever they did wrong…it’s not acceptable to us.’

In New York, the Muslim American Society recently signed onto a letter to challenge ‘unmistakably Islamophobic, anti-Black, and xenophobic’ attacks on Mamdani. Signatories included CAIR National, the Council on American-Islamic Relations’ New York chapter, Islamic Circle of North America’s New York chapter, the Islamic Center of Five Towns, Muslim American Society of New York, Muslim Community Network, Rockaway Islamic Center, and a ‘Syosset Muslim Community.’

Members of the Muslim American Society have long been quick to accuse others of Islamophobia even as they unabashedly call for violence against their perceived enemies.

At an Eid celebration earlier this year, a cleric at the Muslim American Society, cast Muslims as victims worldwide. Mohammad Badawi, youth director at the Muslim American Society, declared the local community’s joy would only be complete when Muslims are ‘victorious worldwide,’ adding they would celebrate ‘after the destruction of the illegitimate Zionist occupiers,’ Israel.

He regularly organizes anti-Israel protests in a campaign against ‘injustice and oppression.’ At one protest, Badawi urged youth to ‘fight back’ against injustices ‘by any means necessary.’

The Street Protester: ‘Globalize the intifada’

Abdullah Akl, a charismatic organizer with the Muslim American Society Youth Center, leads many protests under the banner of ‘Within Our Lifetime,’ with founder Nerdeen Kiswani. Mamdani joined them before his run for mayor.

Akl calls the street protests ‘sacred activism,’ a mix of faith and resistance that will ‘free Palestine.’ Since the Oct. 7, 2023, Hamas attack on Israel, the Muslim American Society Youth Center has organized prayer protests on Wall Street outside the New York Stock Exchange, street protests for ‘Nakba Day,’ calling the day Israel was created a ‘catastrophe’ and youth-led demonstrations outside BlackRock.

Akl turned a subway car into a protest zone with chants: ‘Globalize the intifada… There is only one solution: intifada revolution.’

When the New York Police Department arrested Akl and other activists, the Council on American-Islamic Relation’s New York chapter sent out a press release demanding their release.

On Oct. 7 protests this year against Israel, Akl shouted, ‘We did not act enough! We will show up, stronger than we did the first October 7th!’ In response to criticism, he posted a message on social media, doubling down and saying, ‘Saying we didn’t act enough to stop a full blown genocide against palestinians [sic] is incitement?? Saying we need to be louder and protest more and continue to speak up for gaza [sic] is a crime? Zionist tears once again for the most documented genocide in modern history.’

CAIR: ‘We will teach these folks a lesson’

For decades, Council on American-Islamic Relations (CAIR) has served as an aggressive and litigious watchdog for a host of Muslim figures and causes, often at the forefront of fighting legitimate bigotry. But CAIR has also courted controversy. Federal prosecutors named CAIR an unindicted co-conspirator in a federal terrorism-financing case against the Holy Land Foundation, a nonprofit based in Texas. In 2008, five Holy Land leaders were convicted of funneling $12.4 million to Hamas. Ultimately, no CAIR officials were charged in connection with the case.

Years ago, Mamdani recorded rap lyrics celebrating the ‘Holy Land Five,’ urging listeners, ‘My love to the Holy Land Five. You better look ‘em up.’ 

Basim Elkarra, executive director of the Council on American-Islamic Relations California chapter and one of the founders of a new 501(c)(4) nonprofit, CAIR Action Inc. now seems to be pursuing a new and entirely legal means of financing causes, taking a page from the powerful pro-Israel political action committee AIPAC. He told a meeting of the Islamic Circle of North America:  ‘AIPAC has had the run for 60 years, but it is over now.’

‘We will teach these folks a lesson … we are coming.’

‘…The game has changed. AIPAC has been around since 1961…and now they have a formidable foe!’

The Former Al-Jazeera Host: ‘Make American Planes Crash Again’

This summer, Mehdi Hasan, a former host at Qatar’s Al Jazeera TV network, sat down with Mamdani for a sympathetic interview. As the campaign heated up, Hasan became a full-time defender on social media, swatting at critics and framing Mamdani as the right kind of provocateur, a ‘once in a generation political talent.’

Hasan’s own record includes sermons likening non-Muslims to ‘animals’ and comparing gay people to ‘sexual deviants.’ He has said his views have become more progressive since then.

After a series of plane crashes earlier this year, Hasan wrote on social media, ‘Make American Planes Crash Again.’ 

He deleted the message amid criticism and said, ‘I deleted this sarcastic quote-tweet because MAGA and Islamophobic folks are clipping it out of context and trying to ridiculously suggest I’m inciting violence. I was obviously mocking the MAGA slogan ‘Make America… Again’ slogan and highlighting the shocking number of plane crashes under Trump and the FAA cuts. But this tweet was in poor taste, poorly worded, and has allowed people in bad faith to call me a terrorist…’

The Global Imam: Read ‘The Hoax of the Holocaust’

Yasir Qadhi, a high-profile American imam and founder of the AlMaghrib Institute and MuslimMatters.com, selling the puritanical Salafi interpretation of Islam, literally wrote the book on ‘Understanding Salafism.’ Recently, he posted a two-part thread on X endorsing the idea of Mamdani’s win as a ‘civilizational victory.’

He urged Muslim Americans to move beyond ‘naive’ religious critiques of politicians who are more socially progressive than they are comfortable.

Meanwhile, Qadhi once mocked European Jews as ‘white, crooked nose, blonde hairs’ and ‘not a Semitic people.’ In the same lecture, he recommended a book, ‘The Hoax of the Holocaust.’

Most recently, he has backed the controversial Muslim housing development outside Dallas, called ‘EPIC City.’ He noted in his Instagram post: ‘open to non-Americans as well.’

He touted some of its features: ‘Islamic schools, college, masjid.’

The Popular Chaplain: Build ‘Our Own Space’

Imam Khalid Latif is a popular chaplain at the Islamic Center of New York City, a $22 million project to build a hub and ‘our own space’ on Sixth Avenue for young Muslim professionals. He endorsed Mamdani earlier this year and has been an ardent supporter. He has called him ‘a bearer of compassion in a time where it is far too rare.’

In 2012, Latif led a pilgrimage to Saudi Arabia that included Omar Mateen, who would later murder 49 people at the Pulse nightclub in Orlando, the deadliest anti-LGBTQ attack in U.S. history. He has denied radicalizing Mateen and he hasn’t faced the same type of allegations that surround other imams.

After the backlash to Mamdani’s meeting with Wahhaj, he posted: ‘Happy birthday to my brother Zohran… Keep showing them who we are by showing them who you are.’ 

He invoked the divine to bless Mamdani’s mission, revealing the fusion of religion and politics for the Mamdani God Squad: ‘May your 34th year be one of clarity, courage, and closeness — to your purpose, your people, and your Creator,’ ending with the Arabic word for amen, ‘Ameen.’

On Monday, Latif posted a sassy video from the Muslim Democratic Club of New York with a narration, ‘The name is Mamdani, M-a-m-d-a-n-i,’ with Latif mouthing the part where the narration turns to, ‘You should learn how to say it.’

That day, Latif delivered a speech to support Mamdani, pivoting to allege Mamdani was now a victim of ‘anti-Black racism,’ saying, ‘Anti-Muslim sentiment is always’ a symbol of ‘anti-Black racism.’

The ‘Home Girl in a Hijab’ from Brooklyn: ‘I wish I could take their vagina away’

In a glowing portrait, The New York Times called Palestinian American political organizer Linda Sarsour a ‘Brooklyn home girl in a hijab.’ Over almost a decade, she has been a political mentor to Mamdani, inviting him into the Muslim Democratic Club of New York, which she cofounded. She later endorsed his race for the New York General Assembly, which he won.

All the while, she has been a polarizing figure, once saying about two critics, author and ex-Muslim Ayaan Hirsi Ali and activist Brigitte Gabriel, ‘I wish I could take their vagina away  – they don’t deserve to be women.’ Ali is a survivor of female genital mutilation, a practice that involves cutting the clitoris of a young girl with the idea that it will inhibit sexual promiscuity.

As a co-founder of the Women’s March, Sarsour stepped down amid criticism for alleged ant-semitism and not welcoming Jewish feminists who support the state of Israel, or ‘Zionists.’

At a rally on Sunday night with Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez, Imam Latif told 13,000 people: ‘This is our city. This is our moment.’

Some Muslims beg to differ. 

‘It’s not our moment,’ said Al-Hadj. 

‘Across the boroughs, the Mamdani God Squad is banging a drumbeat of grievance after grievance, from Staten Island to Brooklyn, Manhattan, Queens and Long Island,’ he said. ‘Across the city’s Muslim institutions, you hear the same drumbeat: They smeared us. They silenced us. They fear us.’.

He added, ‘In that rising volume, something is lost: Muslim pluralism. The God Squad does not speak for every Muslim in New York—nor for every Shia, every Sunni, every immigrant family, or every second-generation kid trying to thread faith and freedom. It speaks for a coalition committed to illiberal ends, with socialist capture of city politics on the one hand and puritanical religious rhetoric on the other. They insist that to oppose them is to betray the community, so they actually push their own tyranny.’ 

Win or lose next week, Al-Hadj said, the Mamdani God Squad had actualized the words that had gotten Almontaser into so much trouble years ago: ‘Intifada NYC.’

This post appeared first on FOX NEWS

The United States and China plan to establish military-to-military communications channels ‘to deconflict and deescalate’ potential problems, Secretary of War Pete Hegseth said Saturday after talking with his Chinese counterpart.

In a post on X, Hegseth said he had a ‘positive meeting’ with Admiral Dong Jun, China’s Minister of National Defense, in the wake of President Donald Trump’s meeting with Chinese President Xi Jinping.

During their talk, the two defense leaders agreed that the best path forward for the U.S. and China involves ‘peace, stability, and good relations.’

‘Admiral Dong and I also agreed that we should set up military-to-military channels to deconflict and deescalate any problems that arise. We have more meetings on that coming soon. God bless both China and the USA!’ Hegseth wrote, in part.

Earlier Saturday, Hegseth attended a separate meeting in Malaysia with defense leaders from the Association of Southeast Asian Nations (ASEAN), where he urged them to push back against Beijing’s aggressive actions in the South China Sea.

‘China’s sweeping territorial and maritime claims in the South China Sea fly in the face of their commitments to resolve disputes peacefully,’ Hegseth said at the meeting, according to The Associated Press. 

‘We seek peace. We do not seek conflict. But we must ensure that China is not seeking to dominate you or anybody else,’ he added.

The South China Sea remains volatile with Beijing, the Philippines, Vietnam, Malaysia and Brunei all claiming overlapping territories. 

China’s maritime fleet has frequently clashed with the Philippines in the disputed waters, with Chinese officials recently describing the country as a ‘troublemaker’ for staging naval and air drills with the U.S., Australia and New Zealand.

Hegseth defended the U.S. ally during the Saturday meeting by saying Beijing’s designation of the Scarborough Shoal – a territory seized from the Philippines in 2012 – as a ‘nature reserve’ ‘yet another attempt to coerce new and expanded territorial and maritime claims at your expense.’

The War Secretary then urged ASEAN to finalize the Code of Conduct with China and proposed creating a ‘shared maritime domain awareness’ network and rapid-response systems to deter provocations – measures he said would ensure that any member facing ‘aggression and provocation is not alone.’

Hegseth also welcomed plans for an ASEAN-U.S. maritime exercise in December aimed at strengthening coordination and safeguarding freedom of navigation.

This post appeared first on FOX NEWS

West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY,OTC:WHYRF) (FSE: W0H)  (the ‘Company’ or ‘West High Yield’) announces announces the exercise share purchase warrants (the ‘Warrants’) of the Company.

Two holders of Warrants exercised 600,000 Warrants resulting in the issuance of 600,000 common shares of the Company. The specific Warrants held and exercised by the one warrantholder were exercisable at a price of CAD$0.30 per Warrant, resulting in total proceeds to the Company in the amount of CAD$180,000.00 upon such exercise.

Four holders of Warrants exercised 1,223,487 Warrants resulting in the issuance of 1,223,487 common shares of the Company. The specific Warrants held and exercised by the three warrantholders were exercisable at a price of CAD$0.35 per Warrant, resulting in proceeds to the Company in the amount of CAD$428,220.45 upon such exercise.

The total gross proceeds to the Company from the combined exercise of CAD$0.30 Warrants and CAD$0.35 Warrants was CAD$608,220.45.

About West High Yield

West High Yield is a publicly traded junior mining exploration and development company focused on acquiring, exploring, and developing mineral resource properties in Canada. Its primary objective is to develop its Record Ridge critical mineral (magnesium, silica, and nickel) deposit using green processing techniques to minimize waste and CO2 emissions.

The Company’s Record Ridge critical mineral deposit located 10 kilometers southwest of Rossland, British Columbia has approximately 10.6 million tonnes of contained magnesium based on an independently produced National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101‘) Preliminary Economic Assessment technical report (titled ‘Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada’) prepared by SRK Consulting (Canada) Inc. on April 18, 2013 in accordance with NI 43-101 and which can be found on the Company’s profile at https://www.sedarplus.ca.

Contact Information:

West High Yield (W.H.Y.) RESOURCES LTD.

Frank Marasco Jr., President and Chief Executive Officer
Telephone: (403) 660-3488
Email: frank@whyresources.com

Barry Baim, Corporate Secretary
Telephone: (403) 829-2246
Email: barry@whyresources.com

Cautionary Note Regarding Forward-looking Information

This press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct.

Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act‘) and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.

NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272803

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) (the ‘Company’) is pleased to announce that the Company will be presenting at Red Cloud’s Fall Mining Showcase 2025. The annual conference will be hosted in-person, at the Sheraton Centre Toronto Hotel from November 4-5, 2025. We invite our shareholders, and all interested parties to join us there.

Skyharbour’s President and CEO, Jordan Trimble, will be presenting Wednesday, November 5 th at 1:40 pm Eastern Standard Time, providing an overview and update for the Company.

For more information and/or to register for the conference please visit:
https://redcloudfs.com/fallminingshowcase2025/

Skyharbour Engages Marketing Firm:

The Company has entered into an agreement with Plutus Invest and Consulting (‘Plutus’), a German based communications and media services provider, pursuant to which Plutus will provide the Company with marketing services. The consulting agreement has a term of six months commencing November 1 st , 2025 and shall continue through April 30 th , 2026. The marketing services provided by Plutus will be in consulting with the Company’s management in building investor awareness of the Company through Plutus’s network in Europe. The Company has agreed to pay Plutus a total initial cost of CAD $120,000 upon the commencement of services. Plutus is an arm’s length from the Company and Plutus does not have any interest, direct or indirect, in the Company or its securities. The Company’s engagement of Plutus is subject to the acceptance of the TSX Venture.

About Skyharbour Resources Ltd.:

Skyharbour holds an extensive portfolio of uranium exploration projects in Canada’s Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with interest in thirty-seven projects covering over 616,000 hectares (over 1.5 million acres) of land. Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project, which is located 15 kilometres east of Denison’s Wheeler River project and 39 kilometres south of Cameco’s McArthur River uranium mine. Moore is an advanced-stage uranium exploration property with high-grade uranium mineralization in several zones at the Maverick Corridor. Adjacent to the Moore Project is the Russell Lake Uranium Project, in which Skyharbour is operator with joint-venture partner RTEC. The project hosts widespread uranium mineralization in drill intercepts over a large property area with exploration upside potential. The Company is actively advancing these projects through exploration and drilling programs.

Skyharbour also has joint ventures with industry leader Orano Canada Inc., Azincourt Energy, and Thunderbird Resources at the Preston, East Preston, and Hook Lake Projects, respectively. The Company also has several active earn-in option partners, including CSE-listed Basin Uranium Corp. at the Mann Lake Uranium Project; TSX-V listed North Shore Uranium at the Falcon Project; UraEx Resources at the South Dufferin and Bolt Projects; Hatchet Uranium at the Highway Project; CSE-listed Mustang Energy at the 914W Project; and TSX-V listed Terra Clean Energy at the South Falcon East Project.

In aggregate, Skyharbour has now signed earn-in option agreements with partners that total to over $36 million in partner-funded exploration expenditures, over $20 million worth of shares being issued, and $14 million in cash payments coming into Skyharbour, assuming that these partner companies complete their entire earn-ins at the respective projects.

Skyharbour’s goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.

Skyharbour’s Uranium Project Map in the Athabasca Basin:
https://skyharbourltd.com/_resources/news/SKY_SaskProject_Locator_2025_07_16_v1.jpg

To find out more about Skyharbour Resources Ltd. (TSX-V: SYH) visit the Company’s website at www.skyharbourltd.com

Skyharbour Resources Ltd.

‘Jordan Trimble’

Jordan Trimble
President and CEO

For further information contact myself or:
Nicholas Coltura
Investor Relations Manager
Skyharbour Resources Ltd.
Telephone: 604-558-5847
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@skyharbourltd.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

This release includes certain statements that may be deemed to be ‘forward-looking statements’. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements, including the Private Placement. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, regulatory approvals, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedarplus.ca for further information.

 

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Statistics Canada released August’s gross domestic product (GDP) data on Friday (October 31). The numbers showed a 0.3 percent decline in real GDP overall, with declines seen in many sectors of the Canadian economy.

The mining, quarrying, and oil and gas sector was down 0.7 percent during the month after increasing in June and July. This was led by a 5 percent decrease in support activities and a 1.3 percent drop in mining and quarrying, including a 1.2 percent decline in metal ore mining, while oil and gas extraction increased by 0.2 percent.

Likewise, the manufacturing sector was down 0.5 percent, with durable goods manufacturing weighing heavily with a decrease of 0.8 percent. One spot of good news is that primary metal manufacturing rose 3.7 percent, which was headlined by a 9.6 percent increase in aluminum production and processing.

The report also included an advance estimate for September, predicting a 0.1 percent increase, as well as increases in the resource sector. Overall, this would mean Q3’s real GDP also increased by 0.1 percent, avoiding a recession following a 0.4 percent decline in the second quarter.

These figures, along with the consumer price index edging up to 2.4 percent in September, may also have played into the Bank of Canada’s decision on Wednesday (October 29) to cut its benchmark interest rate by another 25 basis points to 2.25 percent.

In its announcement, the central bank noted that the Governing Council sees the policy rate at the right level to maintain inflation close to its 2 percent target, but it would be prepared to respond if the outlook changes.

Bank Governor Tiff Macklem once again stressed that “monetary policy cannot undo the damage caused by tariffs.” However, while the central bank expects the economy to remain weak through the end of 2025, it was also expecting modest growth.

Meanwhile, the United States Federal Reserve also announced on Wednesday that it would cut its Federal Funds Rate by 25 points to the 3.75 to 4 percent range. In its statement, the Federal Open Market Committee discussed slowing job growth and rising inflation, which has moved away from its 2 percent target.

The next meeting of the Fed is scheduled for December 9 and 10; however, concerns remain about data availability, as a shutdown of the US federal government has affected agencies’ ability to deliver critical economic and job data, leaving the Fed to rely on private-sector research.

Markets and commodities react

Canadian equity markets were mixed this week.

The S&P/TSX Composite Index (INDEXTSI:OSPTX) gained 0.04 percent over the week to close Friday at 30,260.74.

On the other hand, the S&P/TSX Venture Composite Index (INDEXTSI:JX) ended the week down 0.49 percent at 957.88. The CSE Composite Index (CSE:CSECOMP) also fell this week, shedding 1.21 percent to close out the week at 175.27.

The gold price was down 3.08 percent this week, closing at US$4,001.76 per ounce. The silver price also fell but fared better, dropping just 0.52 percent to US$48.57 by 4:00 p.m. EDT Friday.

Meanwhile, in base metals, the copper price shed 1.5 percent to US$5.16 per pound.

The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) fell 0.79 percent to end Friday at 557.01.

Top Canadian mining stocks this week

How did mining stocks perform against this backdrop?

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

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

1. MAX Power Mining (CSE:MAXX)

Weekly gain: 82.5 percent
Market cap: C$56.01 million
Share price: C$0.73

MAX Power is a hydrogen exploration and development company advancing its natural hydrogen properties in Saskatchewan, Canada.

In total, the company holds permits for 1.3 million acres of land across the province, with an additional 5.7 million under application. Its primary site is focused on the Genesis Trend, a 200 kilometer by 75 kilometer area near the Regina-Moose Jaw Industrial Corridor, a proposed hydrogen hub.

On October 24, the company announced it received a drilling license for its first hydrogen well within the Genesis Trend, which will also be Canada’s first deep well dedicated to natural hydrogen.

The company said operations at its Lawson well will commence on or about November 7. The program will include the use of gas chromatographs to sample for helium, nitrogen and methane and another mass spectrometer specifically to detect hydrogen.

Then, on Monday (October 27), MAX Power reported that it had identified the Bracken target in Southwest Saskatchewan along the border with Montana. It marks the company’s first high-priority target outside of the Genesis Trend, lying within the 120,000 acre Grasslands project. The next step will be to acquire proprietary 2D seismic data, which it anticipates will be completed in Q4 of 2025.

On Tuesday (October 28), MAX announced the development of the MAX Power Large Earth Model Integration, which combines datasets from government and commercial sources to create maps that enable the evaluation of hydrogen prospectivity and more.

The company said that in version 2 of the technology, it will integrate machine learning into the process to better understand the data at a granular level and will eventually be able to apply it to any jurisdiction in the world.

The most recent news came on Thursday (October 30), when MAX appointed Ranjith Narayanasamy, who is President and CEO of the Petroleum Technology Research Centre, as its new CEO effective December 8. Current CEO Mansoor Jan will be transitioning to the CEO of the company’s US critical minerals subsidiary, which it is eyeing for a potential spin-out.

2. Manganese X Energy (TSXV:MN)

Weekly gain: 57.89 percent
Market cap: C$25.75 million
Share price: C$0.15

Manganese X Energy is an exploration and development company focused on its flagship Battery Hill project in New Brunswick, Canada, from which it plans to produce high-purity battery grade manganese for lithium-ion batteries.

The property consists of 55 claims covering an area of 1,228 hectares in Carlton County, and hosts five primary manganese-iron zones: Iron Ore Hill, Moody Hill, Sharpe Farm, Maple Hill and Wakefield.

A June 2021 technical report demonstrated a measured and indicated resource of 34.86 million metric tons of ore grading 6.42 percent manganese and 10.67 percent iron, and an inferred resource of 25.9 million metric tons grading 6.66 percent manganese and 10.92 percent iron.

On September 9, Manganese X announced it was advancing to the third and final phase of battery testing with US battery company Charge CCCV. Phase 2 testing results showed 70 percent capacity retention after 4,600 cycles, which the company said is more than double the cycle life of conventional nickel-manganese-cobalt batteries.

As for this week, on Thursday the company announced the appointment of Desmond Tranquilla to its board of directors. Tranquilla has more than 32 years of experience in the mining industry and is currently vice president of projects with Canada Nickel Company (TSXV:CNC).

3. Copper Quest Exploration (CSE:CQX)

Weekly gain: 48.15 percent
Market cap: C$10.23 million
Share price: C$0.2

Copper Quest Exploration is an exploration company building a portfolio of prospective copper properties in North America, including the Stars and Stellar copper projects in British Columbia, Canada.

It recently acquired two new projects. The first, announced on September 22, is the Nekash copper-gold porphyry project in Idaho, US. The asset lies in the Idaho-Montana porphyry belt and consists of 70 unpatented lode claims covering 585 hectares.

Historic exploration and recent work has confirmed the presence of copper and gold quartz veins, according to the release, with rock chip samples at porphyry style veins revealing grades up to 6.6 percent copper and 0.6 grams per metric ton (g/t) gold.

The second came this Thursday, when the company acquired the 2,954 hectare Kitimat copper-gold project in the Skeena Mining Division of Northwest British Columbia. Situated in the prolific Stikine Terrane, the project has a history of exploration dating back to the 1960s.

In 2010, diamond drilling across 16 holes returned a highlighted assay of 1.03 g/t gold and 0.54 percent copper over 117.07 meters from surface.

4. Liberty Stream Infrastructure Partners (TSXV:LIB)

Weekly gain: 42.22 percent
Market cap: C$105.49 million
Share price: C$0.64

Liberty Stream is a lithium development company advancing its direct lithium extraction technology in the US.

The company is working on a pair of projects — one in Texas’ Permian Basin and the other in North Dakota’s Bakken Oil Field — aimed at extracting lithium from brines used in oil and gas production.

On October 7, the company entered site preparations for the final installation and commissioning of its bulk lithium refining unit in Texas, which will allow it to convert lithium chloride eluate into commercial-grade lithium carbonate. It expects to begin producing lithium carbonate from the unit in the second half of Q4, and launch full-scale operations in 2026.

The most recent news came on October 23, when it announced that it was awarded a US$500,000 grant from the State of North Dakota for the development of lithium carbonate production to supply a battery cell manufacturing facility in the state.

5. Signature Resources (TSXV:SGU)

Weekly gain: 40 percent
Market cap: C$10.69 million
Share price: C$0.07

Signature Resources is a gold exploration company focused on its Lingman Lake gold project in Ontario, Canada.

The property consists of 1,274 unpatented single-cell mining claims and 13 multi-cell claims covering more than 24,000 hectares in Northwest Ontario. Airborne geophysical surveys completed in 2021 identified 14 high-value targets with the potential for multiple gold occurrences.

On September 25, the company announced plans for a six hole, 3,000 meter diamond drill program, which it expects to complete this fall. Signature used combined data from its 2024 drill campaign, historical workings and the results from a 2021 3D induced polarization survey to refine targets for the diamond drilling.

This Thursday, the company closed an upsized non-brokered private placement and issued 23 million charity flow-through units, 10.46 million flow-through units, and 18.53 million non-flow-through units, generating proceeds of C$3.42 million.

Funds will be used for exploration activities at Lingman Lake, including the diamond drill program, and for general working capital.

FAQs for Canadian mining stocks

What is the difference between the TSX and TSXV?

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

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

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

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

How much does it cost to list on the TSXV?

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

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

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

How do you trade on the TSXV?

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

Article by Dean Belder; FAQs by Lauren Kelly.

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

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

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LaFleur Minerals Inc. (CSE: LFLR,OTC:LFLRF) (OTCQB: LFLRF) (FSE: 3WK0) (‘LaFleur Minerals’ or the ‘Company’ or ‘Issuer’) is pleased to announce that, further to its news releases dated July 30, 2025, and September 10, 2025, the Company has closed its non-brokered flow-through private placement for aggregate gross proceeds of $1,663,370 (the ‘Private Placement’). The Private Placement consisted of the issuance of 2,410,682 flow-through units (the ‘FT Units’) at a price of $0.69 per FT Unit, with each FT Unit consisting of one common share in the capital of the Company (a ‘Share’), to be issued as a ‘flow-through share’ within the meaning of the Income Tax Act (Canada) (the ‘Tax Act’), and one Share purchase warrant (a ‘Warrant’).

The securities issued under the Offering will be subject to a hold period ending on the date that is four months plus one day following the date of issue in accordance with applicable securities laws. Each Warrant entitles the holder thereof to purchase one additional Share (a ‘Warrant Share‘) for a period of 24 months from the date of issuance at an exercise price of $0.75 per Warrant Share. The Warrants are subject to an accelerated expiry upon thirty (30) business days notice from the Company in the event the Shares trade for fourteen (14) consecutive trading days anytime after four (4) months from closing of the Private Placement at a volume-weighted average price of at least $0.90 on the Canadian Securities Exchange.

In connection with closing of the Private Placement, the Company incurred cash finder’s fees in the amount of $104,652.14 to certain eligible finders and issued the finders an aggregate of 151,668 non-transferable Share purchase warrants (the ‘Finder’s Warrants‘). Each Finder’s Warrant is exercisable into a Share (a ‘Finder’s Warrant Share‘) at a price of $0.75 per Finder’s Warrant Share for a period of 24 months from the date of issuance, subject to the same accelerated expiry.

Proceeds from the sale of FT Units will be used for exploration and drilling programs on the Company’s flagship, advanced stage, district-scale Swanson Gold Project (‘Swanson‘), located in the Abitibi Gold Belt in Val-d’Or, Québec, and flow-through eligible work such as ore-sorting and metallurgical testwork of a large bulk sample using independent geometallurgy experts such as SGS and SRC, and the Company’s 100%-owned Beacon Gold Mill, its near-term gold producing asset. The ore-sorting and metallurgical testwork will be completed using drill core and a large bulk sample from the Swanson Gold Deposit in order to inform and support mineral resource estimates and economic viability, including the potential effectiveness of ore-sorting technology at Swanson.

The Company is working diligently with ERM to complete the Preliminary Economic Assessment (PEA) to evaluate the restart of gold production at its Beacon Gold Mill, which will primarily process mineralized material from the Company’s nearby Swanson Gold Deposit. The gross proceeds from the issuance of the FT Shares will be used to incur resource exploration expenses which will constitute ‘Canadian exploration expenses’ as defined in subsection 66.1(6) of the Income Tax Act and ‘flow through mining expenditures’ as defined in subsection 127(9) of the Income Tax Act and under section 359.1 of the Québec Tax Act (the ‘Qualifying Expenditures‘), which will be renounced with an effective date no later than December 31, 2025 to the purchasers of the FT Units in an aggregate amount not less than the gross proceeds raised from the issue of the FT Shares. In addition, with respect to Québec resident subscribers who are eligible individuals under the Québec Tax Act, the Canadian exploration expenses will also qualify for inclusion in the ‘exploration base relating to certain Québec exploration expenses’ within the meaning of section 726.4.10 of the Québec Tax Act and for inclusion in the ‘exploration base relating to certain Québec surface mining expenses or oil and gas exploration expenses’ within the meaning of section 726.4.17.2 of the Québec Tax Act. If the Qualifying Expenditures are reduced by the Canada Revenue Agency, the Company will indemnify each FT Share subscriber for any additional taxes payable by such subscriber as a result of the Company’s failure to renounce the Qualifying Expenditures as agreed.

This news release is not an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act’), and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent an exemption from registration under the U.S. Securities Act and applicable U.S. state securities laws. ‘United States’ and ‘U.S. person’ are as defined in Regulation S under the U.S Securities Act.

QUALIFIED PERSON STATEMENT

All scientific and technical information contained in this news release has been prepared and approved by Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor of the Company and considered a Qualified Person (QP) for the purposes of NI 43-101.

About LaFleur Minerals Inc.
LaFleur Minerals Inc. (CSE: LFLR,OTC:LFLRF) (FSE: 3WK0) is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d’Or, Québec. Our mission is to advance mining projects with a laser focus on our resource-stage Swanson Gold Deposit and the Beacon Gold Mill, which have significant potential to deliver long-term value. The Swanson Gold Project is approximately 18,304 hectares (183 km2) in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. LaFleur has recently consolidated a large land package along a major structural break that hosts the Swanson, Bartec, and Jolin gold deposits and several other showings which make up the Swanson Gold Project. The Swanson Gold Project is easily accessible by road allowing direct access to several nearby gold mills, further enhancing its development potential. Lafleur Mineral’s fully refurbished and permitted Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material at Swanson and for custom milling operations for other nearby gold projects.

ON BEHALF OF LaFleur Minerals INC.

Paul Ténière, M.Sc., P.Geo.
Chief Executive Officer
E: info@lafleurminerals.com
LaFleur Minerals Inc.
1500-1055 West Georgia Street
Vancouver, BC V6E 4N7

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Statement Regarding ‘Forward-Looking’ Information

This news release includes certain statements that may be deemed ‘forward-looking statements’. All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur. Forward-looking statements in this news release include, without limitation, statements related to the anticipated use of proceeds from the LIFE Offering. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272857

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Cobalt prices regained momentum in the third quarter of 2025 as tighter export controls from the Democratic Republic of Congo (DRC) fueled expectations of a market rebound.

After languishing near multi-year lows early in the year, the metal surged to US$47,110 per metric ton in late October, its highest level since January 2023.

The DRC’s prolonged export suspension, followed by new quota limits, has begun to ease a years-long supply glut, with analysts now forecasting a shift from oversupply toward market balance.

All year-to-date and share price information was obtained on October 28, 2025, using TradingView’s stock screener. Companies with market caps above C$10 million at that time were considered.

1. Talon Metals (TSX:TLO)

Year-to-date gain: 358.82 percent
Market cap: C$440.55 million
Share price: C$0.39

Talon Metals is a base metals company advancing the Tamarack nickel-copper-cobalt project in Central Minnesota, US, through a joint venture with Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO). Talon currently holds a 51 percent stake in the project and can earn up to 60 percent.

In late March, Talon Metals announced a massive sulfide discovery at its Tamarack project, with an intercept measuring 8.25 meters containing 95 percent sulfide content located deeper than the current Tamarack resource.

In May, a further massive sulfide discovery in the same zone, the thickest discovery yet at the site, drove the company’s share price up significantly, and another in early August did the same. In the August announcement, Talon shared that it named the discovery zone the Vault zone.

At the start of Q4, Talon announced an expanded winter drilling and exploration program at the Vault zone.

Shares of Talon rallied to a year-to-date high of C$0.54 on October 14, following the winter drill news and alongside rising cobalt prices.

On October 20, Talon received a 12 month extension from Rio Tinto subsidiary Kennecott Exploration to submit a feasibility study and US$10 million payment required to increase its ownership stake in the Tamarack project to 60 percent.

The extension will allow Talon to align the study’s release with the publication of the project’s scoping environmental assessment worksheet, expected in the first half of 2026, marking its entry into Minnesota’s formal environmental review process.

2. Leading Edge Materials (TSXV:LEM)

Year-to-date gain: 222.22 percent
Market cap: C$72.49 million
Share price: C$0.29

Leading Edge Materials is developing critical materials projects in the EU. The company’s projects include its wholly owned Woxna graphite mine and Norra Kärr heavy rare earth elements project, both in Sweden, as well as its 51 percent owned Bihor Sud nickel-cobalt exploration alliance in Romania.

According to its June 2025 presentation, exploration work planned for 2025 at Bihor Sud’s G2 gallery includes mapping and sampling of cobalt-nickel and zinc-lead-silver mineralized zones detected visually and by hand-held XRF. Drilling targeting polymetallic mineralization at the gallery is underway.

On the financial side, Leading Edge announced a C$400,000 non-brokered private placement in June.

According to a June 22 activities update, Leading Edge’s Romanian subsidiary was granted ownership and operational permits for the Avram Iancu mine at Bihor Sud, and the team had begun preliminary investigations of the site.

In its recent quarterly report, released September 19, Leading Edge Materials said it is reassessing its prospects after being granted those permits. at its project located within the Bihor Sud exploration area following the acquisition of additional ownership and operating permits.

The Avram Iancu site hosts extensive historic underground workings and data indicating copper-rich massive sulfide zones, the statement noted.

A competent person report is in progress to consolidate past exploration and outline next steps, while the company evaluates financing options to advance development.

Shares of Leading Edge also benefited from the mid-October cobalt price rally, registering a year-to-date high of C$0.44 on October 14.

3. Battery Mineral Resources (TSXV:BMR)

Year-to-date gain: 180 percent
Market cap: C$16.79 million
Share price: C$0.14

Battery Mineral Resources is focused on developing into a mid-tier copper producer and recently restarted mine and mill operations at the Punitaqui Mining Complex in Chile. In Canada, the company holds the largest land position in Ontario’s historic Cobalt district, where it is exploring high-grade primary cobalt deposits at McAra, Gowganda and Elk Lake.

The company’s portfolio also includes energy services and mineral exploration assets in North America, along with graphite projects in South Korea.

In late October, BMR said it was evaluating strategic options for its Gowganda silver tailings project, located northeast of Sudbury, Ontario.

The project lies in one of the country’s most productive past silver-cobalt districts, and the Gowganda mining camp produced 60 million ounces of silver and 1.3 million pounds of cobalt between 1910 and 1969. Gowganda hosts four former mines and associated tailings historically estimated to contain 2.96 million ounces of silver. BMR is assessing how best to advance or monetize the asset to enhance shareholder value.

On October 16, Battery Mineral Resources reported strong operational performance at its Punitaqui copper project in Chile, driven by improved underground production and plant optimization. Since September 1, 2025, underground operations have averaged 1,800 tonnes per day, up 80 percent from the first half of the year, and 2,000 tonnes per day over the recent two weeks period.

BMR is also advancing development of additional underground operations at Cinabrio Norte and Dalmacia to support further growth from Punitaqui.

The news pushed shares of BMR to a year-to-date high of C$0.17 on October 21.

4. FPX Nickel (TSXV:FPX)

Year-to-date gain: 95.74 percent
Market cap: C$144.81 million
Share price: C$0.46

FPX Nickel is currently advancing its Decar nickel district in BC, Canada.

The property comprises four key targets, with the Baptiste deposit being the primary focus, alongside the Van target. The company also has three other nickel projects in BC and one in the Yukon, Canada.

In February, FPX released a scoping study for the development of a refinery that would refine awaruite concentrate from Baptiste into battery-grade nickel sulfate and by-products of cobalt carbonate, copper and ammonium sulfate. Annual output is anticipated at 32,000 metric tons of contained nickel and 570 metric tons of contained cobalt.

The results show that the process would result in operating and all-in production costs near the bottom of nickel sulfate cost curve, in part due to by-product credits. Additionally, the carbon intensity of the awaruite refinery would be significantly lower than that of currently used production methods.

On September 4, FPX completed a large-scale mineral processing pilot campaign for its Baptiste nickel project, following three prior successful campaigns. The latest production run generated bulk samples of awaruite concentrate, which will be provided to prospective partners, including pre-cursor cathode active materials, battery producers and automakers, to assess its suitability as feedstock.

Later in the month, FPX signed an option agreement to acquire up to 100 percent of the Advocate nickel property in Newfoundland, Canada, following its review of over 50 targets. The property has also been accepted by the Japan Organization for Metals and Energy Security (JOGMEC) as the first designated property under the generative alliance between FPX and JOGMEC, with a significant work program planned to build on encouraging surface nickel recoveries.

FPX shares registered a year-to-date high of C$0.55 on October 17.

5. Wheaton Precious Metals (TSX:WPM)

Year-to-date gain: 61.23 percent
Market cap: C$60.38 billion
Share price: C$133.00

Wheaton Precious Metals is one of the largest gold and silver royalty and streaming companies.

It has investments in 18 operating mines and 28 development projects across four continents, including a cobalt streaming agreement for Vale’s (NYSE:VALE) Voisey’s Bay nickel mine in Newfoundland and Labrador, Canada.

According to Wheaton, Voisey’s Bay is currently in a transitional phase, shifting from the depleted Ovoid open pit to full underground production.

The company reported its Q1 financial results on May 8. The report highlighted a record US$470 million in revenue, US$254 million in net earnings and US$361 million in operating cash flow.

The cobalt segment registered year-on-year attributable production gains, rising to 540,000 pounds in the year’s first quarter, compared to 240,000 pounds during Q1 2024. Despite the output increase, sales fell to 265,000 pounds in Q1 versus 309,000 pounds in Q1 2024.

According to Wheaton’s Q2 2025 results, the Voisey’s Bay mine produced 647,000 pounds of attributable cobalt, a roughly 150 percent increase from the same period in 2024. Vale reported that the underground operations are steadily ramping up, with full production expected by the second half of 2026 as the transition from the depleted Ovoid open-pit continues.

Shares of Wheaton rose to a year-to-date high of C$159.41 on October 16 alongside rising prices for gold, silver and cobalt.

FAQs for cobalt

What is cobalt?

Cobalt is a silver-gray metal that is often produced as a by-product of nickel and copper mining. It does not occur as a separate metal anywhere in the world, and must be produced by reductive smelting, or from the metallic ore cobaltite, which is made of cobalt, sulfur and arsenic.

What is cobalt used for?

Historically, cobalt oxides were used to impart a blue pigment to glass, porcelain and paints, hence the still-used cobalt blue paint. The metal is also used to produce superalloys, as cobalt imparts qualities such as corrosion and wear resistance, which are useful in applications such as airplanes, orthopedics and prosthetics.

Today cobalt is most famously used in the rechargeable lithium-ion batteries that run everything from smartphones to EVs.

Where is cobalt mined?

The majority of cobalt production comes out of the DRC, which was responsible for producing 220,000 metric tons of the material in 2024. For perspective, the second largest cobalt-producing country, Indonesia, reported output of 28,000 MT the same year; third place Russia produced 8,700 MT of the material.

As the lithium-ion battery and EV supply chains garner global attention, companies are trying to limit their exposure to cobalt produced from the DRC, which is known for human rights abuses and sometimes child labor in its mining industry.

In response to this trend, many countries with cobalt are attempting to create domestic cobalt and EV supply chains in the hope of attracting companies looking to avoid DRC-sourced cobalt. This can be seen in the up-and-coming battery corridor in Ontario, Canada, as well as in the US-based Idaho cobalt belt.

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

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A handful of judges, some of whom are Supreme Court contenders, will tackle antisemitism at an annual convention this week, joining a rare multi-judge panel in a forum typically reserved for one-person lectures, Fox News Digital has learned. 

U.S. District Judge Roy Altman, who will moderate the discussion among the judicial heavyweights, said the panel is ‘unprecedented’ and a needed change to address what he said was a rise in antisemitism in the aftermath of Hamas’ terrorist attack on Israel in 2023. The panel is part of the Federalist Society’s annual National Lawyers Convention.

‘This conversation on faith, understanding, and moral responsibility could not be more timely,’ Altman said. ‘It reflects the importance of the moment, the endurance of Western values, and Judge [Robert] Bork’s abiding belief in moral clarity and in the strength that comes from open dialogue.’

The judges who will participate in the discussion include seven Trump appointees, including Altman, one appointee of former President George Bush, and a justice of the Texas Supreme Court.

They include Judge Amul Thapar of the U.S. Court of Appeals for the 6th Circuit, who was floated in Bloomberg Law as a good successor to Justice Clarence Thomas, in part because he would be the first Asian American justice, a ‘positive’ when weighing replacing the second-ever Black justice.

Two others, Judge David Stras and Raymond Gruender, both of the U.S. Court of Appeals for the 8th Circuit, were on Trump’s Supreme Court shortlist during the president’s first term. Judge Martha Pacold of the Northern District of Illinois appeared on another one of Trump’s shortlists in 2020.

The Federalist Society event has for years been named after the late Bork, who, incidentally, once helped break a law firm’s avoidance of hiring Jewish lawyers, according to Senate testimony by his peers in 1987. 

In an interview with Fox News Digital, Altman, a vocal Jewish judge who is based in the Southern District of Florida, said he has also arranged numerous trips for federal judges of varying faiths to visit Israel after the Oct. 7 attack.

He said that although his personal conversations about Israel had largely been centered on campuses, ‘it became clear’ to him that the judiciary needed to chime in because heated discourse surrounding the topic involved legal questions.

The deadly attack in Israel reignited conflict in Gaza and led to nationwide anti-Israel protests, especially on U.S. college campuses. Protesters claimed Israel was killing thousands of innocent Palestinians in Gaza indiscriminately, while the Israeli government said it gave fair warning about its offensive and that its targets were Hamas terrorists.

‘Those claims, is Israel violating the laws of war? Is it an apartheid state? Does it occupy land that doesn’t belong to it?’ Altman said. ‘Those are just legal questions with legal answers, and I thought, who better than federal judges to understand what the applicable legal rule is, to adduce and find out what the relevant facts are, and then to apply the facts to the law and issue a judgment, than a federal judge.’

Some of the judges who will participate on the panel have been on Altman’s Israel trips.

The Federalist Society indicated that the judges plan to speak about their personal experiences talking with people of other faiths about anti-Jewish sentiments. They also plan to address First Amendment concerns surrounding antisemitism.

The discussion comes as the Trump administration has aggressively targeted noncitizens for speech that it has claimed in court is at odds with its national security posture because it is too critical of Israel and potentially supportive of Hamas.

Free speech proponents have warned that offensive and politically charged speech is protected under the Constitution. In the case of Mahmoud Khalil, which has become a flashpoint in these discussions, the courts have been examining the extent to which noncitizens enjoy First Amendment protections.

Altman said he has observed a one-sidedness in the opposite direction on campuses and that pro-Israel expression has been suppressed. Just this year, New York University canceled Jewish legal scholar Ilya Shaprio’s talk there because of what it said were security risks from protesters.

‘I was shocked, honestly, to discover that so many young people in our country, especially on our college campuses, had a totally incorrect view about the one Jewish state in the world and its role in the Middle East and its history and how it came to be, and it also became clear that the sort of debate that was taking place on campus wasn’t really a debate, because only one side of the story was being told,’ Altman said.

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