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November 22, 2025

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The FBI came to the conclusion that Butler, Pennsylvania, would-be assassin Thomas Matthew Crooks acted alone — after a massive team doggedly pursued interviews with thousands of foreign and domestic individuals as part of an unprecedented global investigation into the 2024 shooting of President Donald Trump, the bureau told Fox News Digital as part of a lengthy, behind-the-curtain rundown of the probe.

FBI Director Kash Patel, FBI Deputy Director Dan Bongino and a senior official with direct involvement in the Butler, Pennsylvania, investigation sat down for an unprecedented interview with Fox News Digital for more than an hour Thursday afternoon at FBI headquarters.

Patel told Fox News Digital that the investigation was a ‘Day One priority’ for the bureau.

‘Dan and I have been on this since we got here eight months ago. We not only had to maintain the chain of command to President Trump, but we had to remind the world that President Trump was the victim — one of the four victims — on that day,’ Patel said. ‘There are victims’ rights rules that apply to him, and they don’t get erased because he is the president.’

‘We fully briefed the president, as a victim of this case, at the White House, providing him with all of the details of our investigation, and the president was satisfied with the results and where we left it,’ he said.

Patel, Bongino and the senior official, who has requested anonymity due to his sensitive work, shared new details of the monthslong investigation in an effort to provide maximum transparency to the American people amid recent reports that have suggested several theories, which Patel, Bongino and the official debunked.

‘We have reviewed this case over and over — looked into every nugget. We have spoken to the families, the president — there is no cover-up here,’ Bongino told Fox News Digital. ‘There is no motive for it, there is no reason for it.’

Patel referenced former FBI Director Christopher Wray’s testimony to Congress in 2024 as a potential reason for unfounded theories to surface.

‘My predecessor went to Congress and said he didn’t know if it was a bullet that hit President Trump in the head. The whole world knew it was a bullet,’ Patel told Fox News Digital. ‘For the number one law enforcement officer to say that — it causes a massive disbelief in the institution that Dan and I are now running.’

‘But that is the difference between then and now,’ he said.

The case currently sits in a ‘pending, inactive’ status, but the official called the investigation ‘one of the largest mobilizations of FBI resources in history that, frankly, continued to this day.’

‘If we get a credible lead, we’ll continue to investigate,’ the official said. ‘The director has been very clear about leaving no stone left unturned, and that is what we are committed to.’

On July 13, 2024, Crooks, age 20, opened fire at Trump’s campaign rally in Butler, Pennsylvania. The president was shot, with the bullet piercing the upper part of his right ear. 

The president ducked to the ground and was surrounded by Secret Service agents who evacuated him from the scene. 

Three spectators were hit by gunfire, and one person, a firefighter and father, Corey Comperatore was killed.

The FBI took over the investigation hours after the shooting, and began investigating it as an assassination attempt.

‘Four hundred and eighty-five FBI employees have been involved in some way, shape or form in this investigation,’ the official told Fox News Digital.

‘The FBI around the world has conducted more than 1,000 interviews connected to this case,’ the official continued. ‘We’ve reviewed 2,000 tips that were submitted. We’ve served and executed more than 10 search warrants and 100 subpoenas. In that, we specifically analyzed 13 electronic devices that were associated with Crooks and his family members from his home in Bethel Park, Pennsylvania.’ 

The official said the FBI examined ’35 accounts linked to Crooks, including social media, bank and other online accounts.’

‘The FBI has been able to access all of the accounts,’ the official said. ‘There has been reporting to inappropriately and incorrectly state that there was encryption that the FBI was not able to get into — that is not true. We have been able to get into every single account.’

The official said that Crooks maintained foreign-based email accounts from Germany and Belgium.

‘The FBI was able to fully access those accounts within days of the attack,’ the official said. ‘Additionally, the FBI engaged with foreign partners who also provided all of the content of those email accounts.’

‘We can say with confidence that there is no communication, there are no emails that Crooks had that we have not been able to access,’ the official said.

‘The home was completely swept. Every device in the home was collected and accessed fully,’ Patel said. ‘Reports say that we didn’t get into certain devices? That’s false. We got into all of the devices.’

The FBI conducted a manual review of more than 500,000 individual electronic files and ‘engaged with a number of nations around the world to ensure that all leads were covered.’

‘When there was a lead about an overseas connection — the two instances where we became aware of the foreign accounts — the FBI reached out to foreign governments,’ the official explained.

‘Very quickly, they provided the full contents of the accounts,’ the official said, adding that the FBI had deployed ‘such an extraordinary overseas effort that even people not in Crooks’ age range were interviewed and done completely and thoroughly.’

‘There is no foreign connection in this case,’ the official stressed. ‘There is no individual that is outside U.S. borders or inside U.S. borders that had any role in directing him, inspiring him or assisting him in any way — and that includes foreign governments.’

The official added: ‘There is no information, no evidence anywhere in this investigation, that shows there was any foreign individual or foreign government or foreign organization tied to Thomas Crooks.’

‘We would have cracked the biggest investigation in human history — a foreign-directed plot,’ Bongino said. ‘Why would we withhold that? But we can only follow the facts, and they are just not there.’

Reports have surfaced questioning Crooks’ alleged relationship with Antifa-linked individual William Tepes. 

The FBI told Fox News Digital that there was never any direct communication between Crooks and Tepes.

‘Crooks posted on YouTube. Tepes is a Norwegian, nordic resistance member. He simply responded to content Crooks posted,’ Patel said, pointing to a comment Tepes made on a 2020-era video posted on the video-sharing platform by Crooks.

As for his online presence, Bongino said previous FBI leadership initially downplayed his digital footprint.

‘The degree of his digital footprint was not messaged correctly at all by prior leadership,’ Bongino said.

The official told Fox News Digital that Crooks’ online activity largely took place in 2019 and 2020, when Crooks was just 16 years-old — nearly five years before the attack.

‘He called our Republicans and Democrats. He went as far as saying, ‘In my opinion, the only way to fight the government is with terrorism-style attacks.’ I won’t try to get into his brain,’ the official said. ‘But there is a limited record of him making political statements and advocating for political violence in 2019 and 2020.’

The official detailed some of Crooks’ online behavior leading up to the attack, including on July 6, 2024, when he used his email account to register to attend the Butler, Pennsylvania, rally on the Trump campaign website. Crooks also searched ‘how far was Oswald from Kennedy?’

The official also said Crooks searched for what the weather would be in Butler, Pennsylvania, on the day of the attack and where the podium would be, and he looked up directions from his home to the Butler Farm Show grounds and directions from the grounds to the closest hospital.

‘But Crooks left no manifesto. He had no seepage of any kind. He didn’t give any indication anywhere that he was going to do this or why he did this,’ the official said. ‘There are many instances in notable assassinations that they do want folks to know why they did it, but we don’t know that here, because Thomas did not leave any of those artifacts.’

‘The rage, the anger, I totally get it. I’m with you. [Trump] is a friend of ours, he was shot in the head on live television — we want an explanation, too,’ Bongino said. ‘Where is the manifesto? The answer is — it doesn’t exist.’

Reports have suggested Crooks had some interest in the ‘furry’ anthropomorphic community online.

But Patel told Fox News Digital that evidence obtained through the FBI’s investigation revealed ‘no evidence’ of involvement in that community.

‘He went on a website, called Deviant.com, and that website contains pornographic material — animated pornographic material related to the furry community — a whole host of things Americans would never look at,’ Patel said, noting FBI evidence that Crooks displayed an interest in ‘animated female muscle-building erotica.’ 

‘Crooks was on that website and looked at images related to women who work out … a lot. That was his interest, and so we are sharing this with you to show that just because he was on a website that has a voluminous amount of terrible information on it, there is no investigative fact to back up a connection between Thomas Crooks and a portion of the website that had the ‘furry’ on it.’

Patel said questions are also being raised as to why the FBI did not stop the assassination attempt before it happened. 

‘The FBI can only investigate based on a lawful predicate to open,’ Patel said. ‘Does the American public really want the FBI scouring social media and content everywhere without a lawful predicate and trampling over First Amendment rights?’

Patel said that if someone had called in a lead, ‘immediately there would be action.’

‘But no one did that,’ Patel said. ‘No one.’

‘People are asking why we didn’t act on his posts on certain sites. No one in law enforcement knew who he was. No one referred him to law enforcement, and we do not monitor every single American’s use of YouTube and Google and Twitter and Facebook,’ Patel said. ‘Because then people come back and say to us: ‘Why are you on our First Amendment rights?’’

As for the weapon used to shoot the president, Crooks used a 223 rifle. Crooks’ father controlled access to the gun vault and the gun.

The weapon was used to fire eight rounds in the vicinity of the president and the stage. The official told Fox News Digital that there were 22 additional unfired rounds in the weapon and a number of unused magazines that were located in his vehicle on a ballistic vest.

The officials all shot down any theories of a potential second shooter, noting that the individual near the water tower around the site was a Pennsylvania State Police officer.

‘There were no phantom rounds. Every single round was accounted for,’ the official said.

Bongino stressed that ‘it is the FBI’s conclusion that Crooks acted alone.’

‘It is our conclusion, and it is likely, given politically motivated assassination attempts in history,’ Bongino said. ‘These are historical incidents that have already happened — Arthur Bremer; (Squeaky) Fromme; Sara Jane Moore; John Hinkley — those names should all ring a bell.’

He added, ‘We’re not saying Crooks didn’t deal with anyone ever — we are just saying that the people he dealt with had no role in inspiring, motivating or directing this attack.’

Meanwhile, the FBI discovered an undetonated explosive device inside Crooks’ vehicle.

‘The device had a receiver on it which would receive a message from a transmitter in order to detonate,’ the official explained. ‘The receiver was positioned in the off position. Had it been positioned in the on position, and if it activated from the triggering device on the person, our assessment is that it would have activated. But the position was in the off position.’

Patel told Fox News Digital that he ‘recreated what it would have looked like if the explosive device was in the on position.’

‘We walked members of Congress through a visual of what would have happened,’ Patel said. 

‘Because it seems so unlikely you would build a device and forget to turn it on — but he did,’ Bongino said. ‘That’s how it was found. Was it just stupidity?’

As for the crime scene in general, Patel, Bongino and the official explained that the FBI controlled the crime scene from July 14, 2024, at midnight until July 18, 2024. 

‘We do not hold the crime scene forever. We have to give it back — that is standard operating procedure,’ Bongino said.

Crooks’ body was removed from the roof by the Pennsylvania state coroner. In coordination with State Police, the FBI then ‘cleaned the roof with water, as we were going to release the scene.’

‘We had onlookers and souvenir hunters — the FBI is not going to turn over a blood-stained roof. AGR was a functioning business,’ the official said. ‘Our standard operating procedure is to acquire services to clean the roof. The decision was made to do that, but only after all evidence on the roof was collected, including the firearm, shell casings, biological samples left behind, photos, blood.’

The official said an autopsy of Crooks was conducted the next day, and an FBI and Pennsylvania State Trooper sat in on the autopsy.

‘Before the body was released to the family, which is protocol in every crime incident ever, the FBI collected DNA — fingernails, hair samples, and blood from Crooks, that remains in FBI evidence to this day,’ the official said. ‘After those collections were made, our examination of the body was done and completed. At that point, it was turned over to the family for burial and for plans they had.’ 

The official added: ‘They chose to cremate.’

‘The FBI did not make the decision to cremate the body,’ Bongino said. ‘The family did. It was their son. The FBI had nothing to do with this decision at all.’

Meanwhile, Patel addressed criticisms from members of Congress who claim he has not turned over documents pertaining to the probe.

‘Congress is accusing us of not turning over all of this stuff — but all of this stuff doesn’t exist. It is an empty narrative they’re firing into a vacuum,’ Patel said. ‘The very limited information we have not turned over is respective to victims’ rights. There isn’t some trove of documents that we haven’t sent over there.’ 

Patel said the FBI has ‘fully debriefed the lawmakers.’ 

‘We’ve even had members of Congress come to Quantico in our lab facility there and walk them through the exact investigative steps, the video and audio recordings, the repercussions of the explosion that did not occur that day and how that would have impacted the people that were attending the rally, and so they have been given a full inside view of what we did on those days,’ Patel said. ‘We gave them all of the material we are legally able to give them.’ 

He added: ‘They have seen video recordings. We’ve literally shown them and delivered them the audio and video recordings — the totality of what we possess. They have that. They have our investigative information. There is nothing more for us to turn over. We don’t have anything else in our holdings.’

The FBI told Fox News Digital that the bureau has turned in more than 1,375 pages to the Senate Judiciary Committee and the Senate Permanent Select Committee on investigations. Those documents include FBI interviews — or 302s — with U.S. Secret Service and state and local police, state and local lab reports, including ballistics, crime scene photos, videos and more.

The total pages produced to the Senate numbered more than 2,750. 

‘Come put out 3,000 documents to Congress during his tenure. Wray, in his seven or eight years put out 13,000,’ Patel said. ‘We, in eight months, have put out over 40,000 documents to Congress — to include this, Crossfire Hurricane, Arctic Frost and more.’

‘But there are investigations ongoing surrounding that, so we are working with Congress, not only for constitutional oversight and reform in legislation, but we’re working on the accountability piece, and to do that, we have to run our investigations. And we’re not done.’

Attorney General Pam Bondi said in a Friday statement to Fox News Digital, ‘Under Director Patel and Deputy Director Bongino’s leadership, the FBI is doing tremendous work to investigate the horrific attempted assassination of President Trump that resulted in the heartbreaking murder of Corey Comperatore. We will help prevent what happened in Butler from ever happening again.’

The sit-down interview with Fox News Digital lasted for more than an hour, as Patel, Bongino and the senior official sought to provide as much information as possible on the probe and to debunk the recent public criticism they have faced. 

‘We don’t blame people for asking questions,’ Bongino said. ‘The president, the candidate at the time, was shot in the head on live TV. Our position is — please — ask away.’

Bongino added: ‘We are very confident in the outcomes of this investigation. We have pulled on every threat. We are absolutely confident, and if information surfaces, please, immediately get it over to us for instant action.’

‘I would ask the public: What motivation would Kash Patel and Dan Bongino possibly have to hide from their personal friend — not just their boss — the president — information about a crime where he was the victim?’ Bongino asked. ‘I don’t understand what the motivation would be.’

But Bongino quoted a line from the movie ‘A Few Good Men.’

‘No one is interested in guilt or innocence, they’re interested in someone to blame,’ Bongino quoted. ‘The public is pissed off. We get it. We sympathize with you. It couldn’t have just been this guy — it couldn’t have just been this guy — it is. There is no reason I would tell you otherwise.’

‘As to why people keep coming back to this on social media, the reality is, many people make a lot of money on social media pushing conspiracy theories for clicks,’ Patel said. ‘That is a fact.’

As for Trump, he told Fox News’ Brian Kilmeade Friday that he has ‘confidence in Kash, a lot of confidence, and the DOJ, and they are giving me reports, and their reports are seeming to balance out, so I have confidence in these people.’ 

‘I wasn’t confident with Christopher Wray, but this group, it is a different group,’ Trump said. ‘It’s Kash, as opposed to Christopher Wray, and I have confidence in Kash.’ 

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A group of House GOP lawmakers is urging the Trump administration not to give New York City Mayor-elect Zohran Mamdani a federal security clearance.

Rep. Andy Biggs, R-Ariz., is leading seven fellow House Freedom Caucus members in writing a letter to Homeland Security Secretary Kristi Noem, accusing Mamdani of supporting ‘violent movements’ and having ‘radical’ ties that they claim make him unfit for classified federal settings.

‘DHS must deny Zohran Mamdani a security clearance. The federal government has a constitutional duty to defend the nation against threats both foreign and domestic,’ the letter said.

‘Mamdani’s record of radical ties, anti-American rhetoric, and support for violent movements makes him unfit. Granting him access to classified information would be reckless and would endanger NYPD officers and federal agents.’

The letter noted that Mamdani co-founded a chapter of Students for Justice In Palestine at Bowdoin College when he was a student there, and it accused the group of praising Hamas’ Oct. 7, 2023, attack in Israel.

‘He has blamed the FBI for radicalizing al Qaeda terrorist Anwar al-Awlaki, undermining counterterrorism efforts. He has appeared alongside clerics who prayed for the annihilation of Israel’s supporters and praised Hamas fighters,’ the letter said.

The GOP lawmakers said granting Mamdani a security clearance could ’empower agitators, escalate threats, and put more of these brave agents’ lives in danger.’

‘His hostility toward immigration enforcement would make federal coordination unsafe and undermine national security,’ they said.

The mayor of New York City, while not a federal official, does traditionally get a security clearance in order to get briefed on possible terror threats and other national security matters affecting the largest city in the U.S.

The letter comes on the same day that Mamdani is in Washington, D.C., to meet with President Donald Trump, a fellow New Yorker, as an introduction after he won his election earlier this month.

The New York City mayor-elect has sought to moderate his views, at least publicly, since the waning weeks of his campaign.

He has pledged to be a mayor for all residents despite critics raising concerns about his hostile rhetoric toward Israel and lackluster pushback on questions of whether he supports Hamas.

Fox News Digital reached out to both Mamdani’s transition team and the Department of Homeland Security (DHS) for comment.

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Congress is once again on the edge of considering a bone-crushing sanctions package against Russia, but procedural disagreements threaten to derail the process.

Senators Lindsey Graham, R-S.C., and Richard Blumenthal, D-Conn., have been working on a sanctions package that would hit Russia and its energy trade partners where it hurts in a bid to cripple the Kremlin’s war machine.

Movement on their legislation, which has over 80 co-sponsors in the upper chamber, has lurched and stalled over the last several months as President Donald Trump and his administration work to hammer out a peace deal between Russia and Ukraine to see an end to the war.

Now, the president seems ready to get the package through Congress.

Graham said that, over a round of golf last weekend, Trump told Senate Majority Leader John Thune, R-S.D., ‘Move the bill.’

‘I think it’s very important we not screw this up,’ Graham said. ‘If you want [Russian President Vladimir] Putin at the table, there will be no successful 28-point plan or 12-point plan unless Putin believes that we’re going to continue to support Ukraine militarily and that we’re going to come after people who buy cheap Russian oil.

‘It’s important that the Congress pass this bill to give leverage to the president as he tries to negotiate with Putin.’

While the changes to the bill still remain under wraps, a White House official told Fox News Digital that both Congress and the White House are working together to ensure the legislation advances, ‘The President’s foreign policy objectives and authorities.’ 

‘The Constitution vests the president with the authority to conduct diplomacy with foreign nations,’ the official said. The current bipartisan sanctions legislation provides new sanctions authorities for the president to conduct foreign diplomacy.’

And Despite Graham and Blumenthal having worked on the bill together in the Senate for months, Thune believed it may be better if a sanctions package comes from the House.

He said that what is more likely to happen is that the House originates the legislation because it’s a revenue measure, which typically starts in the lower chamber.

‘We had one available to us in the Senate. We could do it here,’ Thune said. ‘But I think, too, if you want to expedite movement in terms of getting it on the president’s desk, it’s probably quicker if it comes out of the House, comes over to us, to take it up and process it on the floor.’

But there may be an issue with the House starting the process.

House Speaker Mike Johnson, R-La., told Fox News Digital that, based on conversations with Thune, he understood that the legislation would originate in the Senate and then be shipped to the House. It was ‘news’ to him when Thune made the case that the House should be at the start of the legislative process.

He warned that, in the House, it would be ‘a much more laborious, lengthy process,’ and that he was of the notion that the Senate would send its bipartisan package to them, which would make it easier to pass.

‘The reason is because it’s a faster track to get it done,’ Johnson said. ‘If it originates in the House, then it goes to seven different committees of jurisdiction, which, as you know, takes a long time to process. And even if I can convince some of the chairmen to waive jurisdiction, not all of them will.’

But there are procedural hurdles that could bog down the process in the Senate, too.

So far, the original version of the bill has sat in the Senate Committee on Banking, Housing and Urban Affairs since April. It would have to be considered in committee, then discharged and then put on the floor — and at any point could be blocked along the way.

Still, there is hope that movement on the bill will come to fruition. And both Graham and Blumenthal have been tweaking the legislation in the background to best meet the White House’s desires.

Blumenthal told Fox News Digital after a recent meeting with Graham that the bill was largely the same but wouldn’t get into specifics on what the changes were.

He noted that Trump’s move to sanction two major Russian oil companies, which took effect Friday, was a good start.

‘I think we’re waiting to finalize the bill and see what the president thinks about it,’ Blumenthal said. ‘And, obviously, he’s imposed sanctions already on India, on two major Russian oil companies, so he’s in the right frame of mind.’

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A moderate House Democrat representing a district that President Donald Trump won in 2024 is warning fellow elected officials, both within his party and the GOP, from pandering to the extremes of their base.

‘It’s a road to ruin, because too many extremists, too many elected officials, are busy pandering to their base instead of listening to the general public and instead of trying to find common ground,’ Rep. Tom Suozzi, D-N.Y., told Fox News Digital.

Suozzi said people on the far-left and far-right make up a relatively small — but active — section of both sides. He suggested that it’s a group that’s had an outsized influence in Congress as well.

‘We have not seen much compromise these days. And everything has been, you know, one party or the other trying to do a my-way-or-the-highway partisan effort,’ he said. ‘I’m sure both sides are inspired by good intention, but it’s not long-lasting, and it’s not going to help move our country forward.’

Suozzi’s district encompasses part of the New York City suburbs of Long Island and includes part of the Big Apple itself as well.

But his district is not as progressive as other parts of New York that have shown support for socialist Mayor-elect Zohran Mamdani — whose candidacy Suozzi spoke out against on multiple occasions. 

Suozzi did not answer directly when asked if Mamdani’s leadership in the city will affect him in the coming 2026 midterms, but he pointed out significant Republican gains in the district in the 2025 election cycle where he won.

‘In Queens, in my portion of the district, Mamdani lost to Cuomo by 27%. And also, a Republican city councilwoman from the City of New York won in my district, and she won big. And then in my Long Island portion of it, which is not the city, but it’s right next to the city, Mamdani was weaponized by the Republicans in their races, and they won everything,’ Suozzi said.

‘I was always in a vulnerable district, because Trump won by 19,000 votes and I won by 11,000 votes, and I had to get 20,000 people who voted for Donald Trump to also vote for me,’ he said. ‘But that’s still the case for me. So while there were a lot of Democratic victories throughout the country on Election Day, in my district, it still performed pretty Republican.’

He credited his success with ‘listening’ to voters on both sides and reflecting those views in Washington.

‘The reason I was successful in 2024 is because I was endorsed by the police, is because I was clear on my position on immigration, that we do need to secure the border, because I’m fighting for affordability. I mean, I feel like I’ve got to do what the people are asking to do,’ he said.

Suozzi conceded that he believed both Trump and Mamdani were correct in their focus on the high cost of living.

‘Mamdani was right, much like Trump is right, that people are economically insecure. They’re worried about their financial security. They properly diagnose the problem,’ he said.

‘The challenge is, you know, what’s the solution? I believe that socialism is a terrible solution. It will not work. It’s never worked in the history of the world. And it will not work now.’

But he urged Democrats nationwide to continue the focus on affordability, both trying to find solutions that are unique to their districts and on the federal level.

One example he cited was the minimum wage, which has been $7.25 on the federal level since July 2009.

‘That’s absurd, 20 states have a minimum wage of $7.25 an hour. We should be fighting to increase the minimum wage,’ he said.

In the end, however, he called for a Democratic Party that errs away from socialism on the national level.

‘We’ve got to be capitalist, not socialist. We’ve got to be mainstream, not extreme. We’ve got to be about safety, not lawlessness. We’ve got to be for reform, not the status quo,’ Suozzi said. ‘We have to be proud of our country, not ashamed of our country.’

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Two federal inmates previously on death row, one a crooked New Orleans cop and the other the man behind a multi-state killing spree, have been transferred to a notorious ‘supermax’ prison in Colorado, the Justice Department told Fox News Digital. 

News of their transfers comes as U.S. Attorney General Pam Bondi looks to crack down on the previous administration’s sweeping clemency actions, especially those against violent crime. 

The former death row inmates were transferred Thursday to the U.S. Penitentiary Administrative Maximum Facility in Florence, Colorado, also known as ‘ADX,’ Justice Department officials confirmed. 

They are among the 37 death row inmates whose sentences Biden commuted shortly before leaving office last December. The news prompted criticism and complaints that the record clemency and commutation actions were done as a political ‘Hail Mary,’ and without proper vetting.

Eight death row inmates have already been transferred to ADX, the Justice Department told Fox News Digital, bringing to 10 the number of death row inmates that have been transferred to the facility since mid-September. 

More are expected soon, as all 37 death row inmates commuted by Biden are expected to be moved to the facility by ‘early next year,’ the Justice Department told Fox News Digital.

The effort comes as Bondi and the Trump administration have sought to reverse some of the Biden administration’s efforts on criminal justice reform, with an emphasis on cracking down on violent crime.

Though sentence commutations cannot be fully reversed, Justice Department officials told Fox News Digital, Bondi has prioritized ways to penalize these individuals, in coordination with directives from Trump, and to ensure that the ‘conditions of confinement’ are ‘consistent with the security risks those inmates present because of their egregious crimes, criminal histories, and all other relevant considerations,’ according to an earlier DOJ memo. 

‘Two more monsters who plotted and violently murdered innocent people will spend the rest of their lives in our country’s most severe federal prison,’ Attorney General Pam Bondi told Fox News Digital in a statement. 

‘This Department of Justice will continue to seek accountability for the families blindsided by President Biden’s reckless commutations of 37 vicious predators,’ she added.

Like the eight former death row inmates that were sent to Colorado’s supermax prison, the two criminals processed in ADX on Thursday have been convicted of particularly heinous crimes. 

One individual chased down his ex-girlfriend from Roanoke, Virginia, to Charlotte, North Carolina, where he cut the phone lines to the apartment she was living in before using cans of gasoline to set the building on fire.

Though she escaped via a second-story window and was hospitalized for second-and third-degree burns, he followed her back to her family’s home in Virginia two months later, where he gunned her down on the streets of her neighborhood and just steps from her mother.  

Another inmate, a former New Orleans police officer dubbed ‘Robocop’ for his large physical demeanor and aggressive law enforcement style, was caught on tape by the FBI as he ordered and orchestrated the killing of a mother of three who had come to the precinct hours earlier to submit a supposedly confidential brutality complaint about his behavior that she witnessed on her way home the night before. 

The FBI had stumbled upon the conversation as part of a broader probe they had started to investigate a so-called ‘protection racket’ between cocaine dealers in New Orleans and the city’s police force, which had been guarding a warehouse stocked with the drug. The same officer was later revealed as one of the chief conspirators in the protection racket. 

He was also found to have falsely testified in two murder cases, including one murder he has since been linked to. The statements were used to exonerate four men from prison, including three teenagers who had been wrongfully convicted of a murder 28 years prior.

ADX is the only true federal ‘supermax’ prison in the U.S., and its inmates are as notorious as the prison’s reputation. 

Among them are Ramzi Yousef, convicted in the 1993 World Trade Center bombing; Dzhokhar Tsarnaev, one of the Boston Marathon bombers; former Sinola Cartel leader Joaquín Guzmán, or ‘El Chapo’; and Mamdouh Mahmud Salim, the co-founder of al-Qaeda.

Shortly after her confirmation as attorney general, Bondi issued a memo aimed at ‘restoring a measure of justice’ to the victims’ families. 

The measures granted by Biden earned more criticism than former President Barack Obama: As Fox News reported at the time, the vast majority of Obama’s clemency actions focused on commuting the sentences of federal inmates who met certain criteria outlined under his administration’s Clemency Initiative.

Bondi hosted victims’ families earlier this year to hear their concerns about the commutations, DOJ said. Some said they had been stunned by the eleventh-hour commutations, and that they not been given a heads-up by the Biden administration.

In February, Bondi issued a memo to the Bureau of Prisons ordering an evaluation of where these prisoners should be detained.

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MP Materials (NYSE:MP) and the US Department of Defense have entered into a joint venture with Saudi Arabia’s Maaden to build a rare earths refinery in the Kingdom, marking the first major project under a new US-Saudi critical minerals cooperation framework signed in Washington this week.

The binding agreement gives both the US and MP a collective 49 percent stake in the refinery.

Maaden will hold not less than 51 percent, and the refinery will be built in Saudi Arabia, where it will process feedstock from both local deposits and international sources. Once operational, it will produce separated light and heavy rare earth oxides for customers in the US, Saudi Arabia and allied countries.

Rare earths are essential for the production of weapons systems, electric vehicles, renewable energy technologies and high-performance electronics. Secure supply has become increasingly important due to China’s sector dominance.

James Litinsky, MP’s founder and CEO, said the company views the partnership as an extension of its strategic role in Washington’s efforts to diversify global supply chains. “We are honored that the U.S. government asked MP to partner on a project of this magnitude and importance for America and its allies,” he said.

Maaden CEO Bob Wilt said the project fits squarely within the Kingdom’s national mining and industrial strategy.

“This JV is a significant step forward in the development of this important global sector, underpinned by the support of Saudi Arabia’s Ministry of Energy and the Ministry of Industry and Mineral Resources,” Wilt noted.

The joint venture was negotiated under a critical minerals framework signed by senior US and Saudi officials this week. The document is intended to formalize cooperation on rare earths, battery metals and other strategic inputs.

For Washington, the initiative reflects an effort to reshape supply chains away from geopolitical competitors. For Riyadh, it supports a long-term plan to leverage energy resources and expand its footprint in high-tech materials markets.

Financially, the deal is structured to be light in capital for MP.

The Department of Defense will fund the entire US contribution to the venture on a non-recourse basis, allowing MP to deploy technical expertise in separation and refining without taking on debt tied to the refinery’s construction.

The Saudi venture also connects to MP’s growing public-private alignment with the US defense sector.

In July, the company and the Department of Defense announced a multibillion-dollar partnership to accelerate the buildout of a domestic rare earth magnet supply chain. Under the partnership, MP is also constructing a second magnet manufacturing facility known as the 10X Facility, which is expected to begin commissioning in 2028.

When completed, MP’s total US magnet output will reach roughly 10,000 metric tons annually.

Beyond government partnerships, MP has also moved into large-scale commercial magnet supply. Also in July, Apple (NASDAQ:AAPL) and MP announced a US$500 million long-term agreement that will supply Apple with magnets manufactured in the US using 100 percent recycled rare earths feedstock.

Under the arrangement, MP will expand its Fort Worth, Texas, Independence factory to produce components for hundreds of millions of Apple devices starting in 2027. Apple and MP spent nearly five years jointly developing recycling techniques to meet the company’s performance and design requirements.

MP will add a dedicated recycling line at Mountain Pass to support commercial scale as magnet production ramps.

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

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Friday (November 21) as of 9:00 a.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$83,590.70, down by 10.4 percent over 24 hours. Its lowest price of the day was US$81,868.75 and its highest was US$91,971.75.

Bitcoin price performance, November 21, 2025.

Chart via TradingView.

Bitcoin’s slide continues as it heads for its worst month since the 2022 crypto crash.

The largest cryptocurrency fell and touched US$81,000 on Friday before recovering to around US$84,166, extending a monthly decline of about 23 percent that marks its heaviest drop since June 2022.

Despite pro-crypto messaging from the Trump administration and a year of strong institutional adoption, Bitcoin has now fallen more than 30 percent from its early-October record high.

The downturn accelerated following the massive October 10 liquidation event that erased US$19 billion in leveraged positions and wiped roughly US$1.5 trillion from the combined value of all cryptocurrencies.

Institutional flows reflect the same caution. US-listed Bitcoin ETFs have recorded a record US$3.79 billion in outflows this month, surpassing February’s previous high, with BlackRock’s IBIT alone seeing more than US$2 billion in redemptions.

In total, about US$1.2 trillion has been wiped from crypto markets over the past six weeks, according to CoinGecko data.

Ether (ETH) was at US$2,736.63, down 11.2 percent over 24 hours. Its lowest price on Friday was US$2,675.70 and its highest was US$3,033.20.

Altcoin price update

  • XRP (XRP) was priced at US$1.94, down by 12.2 percent over 24 hours. Its lowest price of the period was US$1.86 and its highest was US$2.13.
  • Solana (SOL) was trading at US$128, down by 13 percent over 24 hours. Its lowest price of the day was US$123.30 and its highest was US$141.97.

Fear and Greed Index snapshot

As of Friday, CMC’s Crypto Fear & Greed Index has plunged to 11, firmly in “extreme fear” and its lowest level since late 2022.

Reports of large-scale whale liquidations have added to the uncertainty, amplifying pressure across an already fragile market. Further, traders brace for potential Federal Reserve inaction on rate cuts. CME’s FedWatch now shows only 37.6 percent expecting a 25-basis-point cut in December, while more than 62 percent anticipate no change, a reversal from near-even odds just a week ago.

Prediction market Polymarket reflects the same trend, pricing a 63 percent chance of no move after sentiment flipped late Tuesday.

CMC Crypto Fear and Greed Index, Bitcoin price and Bitcoin volume.

Chart via CoinMarketCap.

Today’s crypto news to know

Bitcoin logs weakest month since 2022

Bitcoin is heading for its steepest monthly decline since the wave of corporate failures that hit the crypto sector in 2022, with the token sliding below US$82,000 on Friday.

Its November losses have now reached roughly 25 percent, reversing much of the momentum that carried prices to record highs in early October.

Overall, data from CoinGecko shows the total crypto market value dipping back under US$3 trillion as Ether and mid-cap tokens recorded similar double-digit declines.

Analysts link the downturn to cascading liquidations that began on October 10, when nearly US$19 billion in leveraged bets were wiped out in a single session. Selling pressure intensified again this week with a two-day liquidation tally topping US$2 billion, according to CoinGlass.

Long-dormant whale activity has added to uncertainty after a wallet holding Bitcoin since 2011 unloaded more than US$1.3 billion in late October.

S&P stocks shed US$2.7 trillion

A sharp pullback across US equities sparked another wave of risk-off trading in crypto, sending Bitcoin to its weakest level in seven months.

The S&P 500’s nearly 4 percent decline on Thursday erased more than US$2.7 trillion in market value, according to Bloomberg calculations, overshadowing an earlier bounce driven by enthusiasm around AI-linked earnings.

Crypto assets fell in tandem, with Bitcoin briefly revisiting the US$85,000 range and total liquidations surpassing US$800 million for the day.

Coinbase rolls out Ether-backed loans

Coinbase has launched a new lending feature that allows eligible US users to borrow up to US$1 million in USDC by using Ether as collateral.

The product is integrated with the Morpho protocol on Base, though users interact with it entirely through Coinbase’s interface. Borrowers keep exposure to ETH’s price movements while accessing liquidity without having to sell their holdings.

The company says the service is available across most US states, with the exception of New York due to regulatory requirements.

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

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

This post appeared first on investingnews.com

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

In this article:

    This week’s tech sector performance

    This week, the stock market displayed a mixed performance amid ongoing uncertainty about artificial intelligence (AI) company valuations and policy decisions from the US Federal Reserve.

    On Monday (November 17), both the S&P 500 (INDEXSP:.INX) and the Nasdaq Composite (INDEXNASDAQ:.IXIC) fell below their 50 day moving averages for the first time since late April, a significant technical breakdown. The Dow Jones Industrial Average (INDEXDJX:.DJI) also closed below this important threshold for the first time since October 10.

    Tuesday (November 18) saw continued volatility and some attempted stabilization attempts, but market participants remained cautious. Heavyweight tech and chip stocks were down ahead of NVIDIA’s (NASDAQ:NVDA) earnings call on Wednesday (November 19), but a global relief rally followed the firm’s upbeat earnings report and raised Q4 guidance. However, enthusiasm was short-lived, with markets pulling back on midday Thursday (November 20) after September US jobs numbers temporarily dashed hopes of a December interest rate cut from the Fed.

    Comments made at the Bloomberg New Economy Forum further contributed to market caution, with Goldman Sachs (NYSE:GS) President John Waldron warning that markets could still face further declines.

    In contrast, former Barclays (NYSE:BCS) CEO Bob Diamond offered a more optimistic view, calling the recent selloff a “healthy correction” rather than the start of a bear market.

    Later on Thursday and into Friday (November 21), the odds of a December rate cut rose again as Fed officials, including San Francisco Fed President Mary Daly and New York Fed President John Williams, signaled concerns about slowing economic growth and a cooling labor market. Markets surged on the back of the news to end the trading day sharply higher after a volatile week that saw all three major indexes post losses.

    This renewed optimism quelled some selling pressure going into the weekend, although investor caution around AI valuations and Fed policy remains prevalent.

    3 tech stocks moving markets this week

    1. NVIDIA (NASDAQ:NVDA)

    NVIDIA reported stronger-than-expected Q3 earnings with revenue of US$57 billion, beating expectations of US$55 billion, and earnings per share of US$1.30 versus the predicted US$1.25. The company also offered an optimistic Q4 revenue forecast of US$65 billion, surpassing analysts’ expectations of US$62 billion.

    However, he also noted that the sustainability of this growth depends on continued investor confidence.

    He warned that, similar to past tech bubbles like the dot-com era, AI companies today may be overvalued, with expectations currently outpacing reality. Murillo cautioned that while AI is making breakthroughs, its practical applications are still limited, and there is risk that an AI bubble could burst, impacting even large tech giants.

    Despite recent share price declines amid debates of an AI bubble, CEO Jensen Huang reassured investors, stating, “There’s been a lot of talk about an AI bubble. From our vantage point, we see something very different.”

    After a midweek gain of over 5 percent due to its earnings report, NVIDIA posted a weekly loss of 3.79 percent.

    2. Alphabet (NASDAQ:GOOGL)

    Alphabet rallied in early trading on Monday after Berkshire Hathaway (NYSE:BRK.A,NYSE:BRK,B) disclosed a US$4.3 billion stake in the company and reduced its stake in Apple (NASDAQ:AAPL). Alphabet then released Gemini 3 on Tuesday. The updated AI model has enhanced reasoning, coding and multimedia, alongside Antigravity, a Gemini-powered coding platform, and Nano Banana Pro, its latest detailed image-generation model.

    The week’s momentum was further fueled by reports that Google is on the verge of securing a US$1 billion annual deal with Apple to power the next-generation Siri, underscoring its dominant AI position across rival platforms.

    The company ended the week 4.86 percent higher.

    3. Apple (NASDAQ:AAPL)

    Apple was the steady pillar of tech resilience this week.

    With no obvious catalyst driving its price action this week, the company has maintained gains and investor interest following the strong earnings and product launches from earlier weeks.

    Consistency speaks to Apple’s enduring market strength and the confidence investors have in its long-term growth trajectory as it integrates AI across its product and services ecosystem.

    The company posted a modest advance of 0.99 percent for the week.

    NVIDIA, Alphabet and Apple performance, November 17 to 21, 2025.

    Chart via Google Finance.

    Top tech news of the week

              Tech ETF performance

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

              This week, the iShares Semiconductor ETF (NASDAQ:SOXX) declined by 5.28 percent, while the Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) saw a weekly loss of 5.14 percent.

              The VanEck Semiconductor ETF (NASDAQ:SMH) decreased by 4.63 percent.

              Tech news to watch next week

              With fewer major tech earnings reports expected next week, market focus will likely shift to key economic data releases. Dell Technologies (NYSE:DELL) will deliver its Q3 results on November 25.

              Analysts predict earnings of around US$2.48 per share, representing approximately 15 percent year-on-year growth. Revenue estimates hover around US$27.29 billion, suggesting nearly 12 percent annual growth.

              Important economic reports include the US Consumer Confidence Index on November 25 and the Personal Consumption Expenditures price index on November 26.

              US markets will close on November 27 for Thanksgiving and have a shortened session on November 28. November 28 will also bring Canada’s Q3 GDP release.

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

              This post appeared first on investingnews.com

              The gold price remained fairly steady this week after last week’s brief uptick, largely trading between US$4,000 and US$4,100 per ounce.

              As is often the case, its sister metal silver was more volatile, jumping briefly above the US$52 per ounce level midway through the period.

              The precious metals faced some pressure on Thursday (November 20) after the release of September US jobs data. The Department of Labor report, which was delayed due to the government shutdown, came in stronger than expected, with nonfarm payrolls increasing by 119,000 for the month — more than double the gain of 50,000 estimated by analysts.

              The jobs numbers have dampened expectations that the US Federal Reserve will cut interest rates at its December meeting, as have minutes from the central bank’s latest meeting.

              ‘This (data) essentially confirms what the Fed discussed in October — a slowing yet stable jobs market. A December rate cut now appears increasingly unlikely’ — Peter Grant, Zaner Metals

              The minutes highlight the divide among Fed officials, who were not all in favor of October’s rate reduction. They also state that while ‘several participants’ believe lowering rates could be appropriate next month, ‘many’ want to leave rates unchanged.

              Fed Chair Jerome Powell said previously that a December cut isn’t a ‘foregone conclusion.’

              Aside from that, the minutes indicate broad approval for the end of quantitative tightening (QT) on December 1. Adrian Day of Adrian Day Asset Management highlighted the end of QT in our recent interview, saying that he sees a potential transition to quantitative easing ahead.

              Bullet briefing — Barrick faces turmoil, MP does Saudi refinery deal

              Barrick Mining faces more turmoil

              Turmoil continued for gold and copper producer Barrick Mining (TSX:ABX,NYSE:B) this week after a series of company developments made headlines.

              First, Reuters reported that Barrick’s board is considering splitting the company into two different entities: one focused on North America, and the other on Africa and Asia.

              Four sources familiar with the firm’s thinking told the news outlet that Barrick’s African assets could also be sold outright, as could the Pakistan-based Reko Diq mine — essentially undoing Barrick’s 2019 merger with Africa-focused Randgold Resources.

              Barrick didn’t respond to requests for comment, but later in the week news hit that activist investor firm Elliott Investment Management has taken a ‘large stake’ in Barrick.

              Sources told the Financial Times that Elliott is now among Barrick’s 10 top investors, meaning its stake is worth at least US$700 million. Elliott hasn’t shared information about what it would like Barrick to do, but is reportedly ‘encouraged’ by the idea of breaking the company in two.

              Barrick has faced numerous headwinds recently, including the seizure of a key gold mine in Mali and the departure of CEO Mark Bristow. Bristow, who took the helm at Barrick after it joined forces with Randgold, abruptly stepped down in September after facing criticism.

              Although shares of Barrick are up close to 130 percent year-to-date, the company has underperformed compared to its peers in the gold space.

              Bristow is not the only person to leave Barrick lately — the last piece of news about the company this week is that two senior managers and a top executive have departed. CEO Mark Hill announced the changes in a memo seen by Bloomberg, saying the company is looking to evolve its operating model so that it’s in line with strategic priorities.

              MP’s latest rare earths deal

              Rare earths miner MP Materials (NYSE:MP) and the US Department of Defense are teaming up on a strategic joint venture with Saudi Arabian Mining Company (Maaden).

              The deal, which will see the three entities collaborate on a Saudi Arabian rare earths refinery, comes after the US and Saudi Arabia signed a strategic framework on securing critical supply chains. The refinery will process rare earths feedstock from Saudi Arabia and elsewhere, and will be able to produce both light and heavy rare earths.

              Under the Trump administration, the US has ramped up efforts to break China’s rare earths dominance, boosting relationship with MP Materials in the process — in July, the defense department agreed to buy US$400 million worth of preferred stock in the company, a move that MP called a ‘transformational public-private partnership.’

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

              This post appeared first on investingnews.com

              Statistics Canada released October’s consumer price index (CPI) data on Monday (November 17). The figures showed that inflation softened during the month, falling to 2.2 percent year-over-year from 2.4 percent in September.

              The agency cited a 9.4 percent decrease in gasoline prices as the main contributing factor, following a 4.1 percent decrease the previous month. However, less gasoline prices, CPI actually rose by 2.6 percent in both October and September.

              Statistics Canada also noted slowing grocery prices, reporting a 3.4 percent year-over-year increase in October compared to the 4 percent recorded in September. Additionally, October saw the largest month-on-month drop in grocery prices since September 2020 at 0.6 percent.

              On Thursday (November 20), StatsCan released September’s monthly mineral production survey.

              The data shows that gold production declined month-over-month, while copper and silver output increased.

              Gold production fell to 16,978 kilograms compared to 17,651 kilograms in August. Meanwhile, copper production rose significantly to 36.23 million kilograms from 30.47 million, and silver production jumped to 28,384 kilograms from 24,801 kilograms.

              Shipments, however, increased broadly in September. Gold shipments rose to 19,025 kilograms from 16,289 kilograms in August, and silver shipments jumped to 33,296 kilograms from 25,636. Copper shipments increased the most, spiking to 44.04 million kilograms from 27 million.

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

              Markets and commodities react

              Canadian equity markets were in retreat this week.

              The S&P/TSX Composite Index (INDEXTSI:OSPTX) was flat, gaining just 0.19 percent over the week to close Friday (November 21) at 30,160.65.

              Meanwhile, the S&P/TSX Venture Composite Index (INDEXTSI:JX) lost 1.3 percent to 854.76. The CSE Composite Index (CSE:CSECOMP) had another bad week, dropping 3.44 percent to close at 145.59.

              The gold price fell 0.43 percent to US$4,065.32 by 4:00 p.m. EST Friday. The silver price fared worse, dropping 1.07 percent to US$50.02.

              Meanwhile, in base metals, the COMEX copper price ended the week down 0.3 at US$5.07 per pound.

              The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) dropped 2.01 percent to end Friday at 546.41.

              Top Canadian mining stocks this week

              How did mining stocks perform against this backdrop?

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

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

              1. Sigma Lithium (TSXV:SGML)

              Weekly gain: 64.01 percent
              Market cap: C$1.48 billion
              Share price: C$13.67

              Sigma Lithium is a lithium mining company advancing its Grota do Cirilo operation in Minas Gerais, Brazil.

              Operations at the Greentech processing facility were commissioned in 2023, with an annual nameplate capacity of 270,000 metric tons of lithium oxide concentrate. The company is currently constructing its Phase 2 expansion that will more than double that capacity.

              In its third-quarter results released on November 14, Sigma reported that net revenue increased to US$28.5 million, 69 percent higher than Q2 and 36 percent higher than the same period in 2024.

              The report also stated that Sigma upgraded its mining operations in Q3 with the goal of reaching the plant’s full capacity of 300,000 metric tons in 2026. As part of this process, Sigma is doubling its mining fleet. The company expects production to resume by the end of November, with full operational capacity expected in Q1 2026.

              The report boosted Sigma’s share price, as did climbing lithium prices, which have gained more than 10 percent in November and more than 50 percent since bottoming out in June.

              2. Li-FT Power (TSXV:LIFT)

              Weekly gain: 52.63 percent
              Market cap: C$201.24 million
              Share price: C$4.35

              Li-FT is a lithium exploration company advancing its flagship Yellowknife lithium project in the Northwest Territories, Canada.

              The 1,843 hectare property, located east of the city of Yellowknife, hosts 13 spodumene-bearing pegmatites. Its current combined inferred resource estimate across eight of those pegmatites stands at 50.38 million metric tons of ore grading 1 percent lithium oxide for 1.25 million metric tons of lithium carbonate equivalent (LCE).

              The company also owns the Cali project in the Northwest Territories, and the Pontax, Rupert and Moyenne projects in the Eeyou Istchee James Bay region of Québec, Canada.

              On Tuesday, Li-FT filed a final base shelf prospectus to replace the previous prospectus that expired on October 21. The company said the new filing will permit it to offer common shares, warrants, subscription receipts, units or debt securities up to a total of C$200 million until it expires in December 2027.

              Li-FT also said it was changing its financial year-end from November 30 to December 31 to better align with the timing of the company’s financial reporting and with its peers.

              The company is another lithium stock benefiting significantly from rising lithium prices this week.

              3. LithiumBank Resources (TSXV:LBNK)

              Weekly gain: 45.59 percent
              Market cap: C$32.45 billion
              Share price: C$0.50

              LithiumBank is a lithium exploration and development company advancing its Boardwalk and Park Place lithium brine projects in Alberta, Canada, both of which overlap with the Leduc and Swan Hills formations.

              Boardwalk consists of 395,369 acres of brine-hosted licenses about 85 kilometers east of Grand Prairie in an area with a history of hydrocarbon extraction.

              According to Boardwalk’s mineral resource estimate from a February 2025 technical report, the project hosts a measured resource of 1.67 million metric tons of LCE with an average grade of 81.2 milligrams per liter (mg/L), and an indicated resource of 3.52 million metric tons of LCE with an average grade of 81.8 mg/L, all within the Leduc formation.

              Park Place, located 50 kilometers south of Boardwalk, consists of 1.4 million acres of licenses. A June 2024 mineral resource estimate demonstrated an inferred resource of 10.08 million metric tons LCE with a grade of 79.4 mg/L at the Leduc aquifer, and 11.6 million metric tons of LCE with an average grade of 80.9 mg/l at the Swan Hills aquifer.

              The most recent news from the company came on Thursday, when LithiumBank reported that, following its award of C$3.9 million in funding for certain milestones through Alberta’s Emission Reduction Act in July, it is working to acquire a second past-producing well at Boardwalk.

              LithiumBank is focused on commencing near-term production at Boardwalk using modular direct lithium extraction plants, which the company said it believes this second well can likely support.

              Rising lithium prices also helped support LithiumBank this week.

              4. Abcourt Mines (TSXV:ABI)

              Weekly gain: 41.67 percent
              Market cap: C$72.45 million
              Share price: C$0.085

              Abcourt Mines is a gold mining and development company focused on ramping up operations at its Sleeping Giant gold mine in the Abitibi region of Québec.

              Sleeping Giant hosts an underground mine along with a mill capable of processing 750 metric tons per day. The property consists of four mining leases covering an area of 458 hectares and 69 claims.

              A July 2023 preliminary economic assessment demonstrates an after-tax net present value of US$77.5 million with an internal rate of return of 33.3 percent over a payback period of 2.2 years.

              The company has been working on restarting mining operations at the site throughout 2025, and achieved its first gold pour in September.

              The most recent news came on November 11, when the company released an update from Sleeping Giant. In the announcement, the company stated that in October it had milled 2,563 metric tons of ore with a head grade of 6 grams per metric ton of gold, producing 475 ounces of gold.

              Abcourt also said progress at the site was continuing with one stope in production and two more under development. Additionally, civil engineering was underway at the tailings facilities in preparation for a planned lift in summer 2026.

              5. Pure Energy Minerals (TSXV:PE)

              Weekly gain: 38.1 percent
              Market cap: C$10.19 million
              Share price: C$0.29

              Pure Energy is a lithium exploration company that owns a 3 percent net smelter return (NSR) on the Clayton Valley lithium brine project in Nevada, United States.

              The project consists of 950 placer claims covering 9,450 hectares. In September 2024, Pure Energy announced that its project partner, SLB, had completed an earn-in to acquire a 100 percent stake in Clayton Valley, leaving Pure Energy with its NSR.

              Through 2023 and into 2024, SLB completed construction of a direct lithium extraction pilot plant at the site, with the first lithium production occurring in March 2024.

              This Thursday, Pure Energy released its management discussion and analysis for the quarter ending September 30, 2025. In the report, the company restated its position in Clayton Valley, noting that it is receiving annual payments of US$400,000 from SLB until commercial production, after which time it will receive its 3 percent NSR on minerals produced.

              Pure Energy’s share price increased significantly this week alongside rising lithium prices.

              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.

              This post appeared first on investingnews.com