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Eastern European leaders are urging President Donald Trump to keep U.S. troops on NATO’s eastern flank after a wave of Russian air and drone incursions, warning that Vladimir Putin is ‘pushing the limits’ and will ‘believe only what he sees’ from allied defenses.

In interviews with Fox News Digital, ministers from Estonia, Lithuania and Romania said the alliance must harden its posture — moving from air policing to integrated air and missile defenses, sharpening rules of engagement and sustaining U.S. troop rotations — to prevent Russia from normalizing violations and eroding Article 5 credibility. They paired the military message with calls for tighter sanctions and an end to European energy dependence that funds the Kremlin’s war machine.

Their appeals land as Washington weighs a new national security strategy aimed at prioritizing homeland defense. Before the most recent incursions, U.S. officials had cautioned allies to prepare for a reduction of the American footprint, pressing Europe to take on a greater share of the burden.

‘We hope U.S. troops remain in the region. Their presence secures peace and sends a clear signal,’ Estonia’s foreign minister Margus Tsahkna said. ‘Putin understands only the language of strength. His goal is the restoration of the Soviet empire.’

This month Russian drones were detected in Polish and Romanian airspace, while Russian missile-carrying MiG-29s crossed briefly into Estonian territory. For the ninth time this year, Russian jets were also spotted inside the Alaskan Air Defense Identification Zone.

Ahead of the U.S. expected global review of force posture, Lithuania’s foreign minister Kęstutis Budrys said deterrence must be visible, not theoretical.

He said he has been making the case to U.S. counterparts: ‘This presence makes the difference. It forces Russia to change its calculations.’

‘Russia they have to see. They don’t believe in our plans and our protocols. They believe in what they see. So they are crossing our airspace, and they see no reaction,’ he went on. ‘With the presence of the troops. When they see that they are stationed there, and they are training. And they’re interacting with the local armed forces. For them, this is the message that, okay, we are not getting in there.’

‘U.S. rotational deployments are one of the most effective deterrents,’ Budrys said. ‘Russia doesn’t believe in our plans; it believes what it sees.’

Romania’s warning

Romanian foreign minister Oana Țoiu echoed the Baltics, adding that security on the Black Sea is tied to U.S. interests.

‘Every country sets its priorities, but the security of the eastern flank also serves U.S. security and financial interests — there’s real potential for joint investment, cyber, energy and infrastructure if security is ensured,’ she said.

Țoiu noted Romania has authorized its forces to shoot down Russian drones that threaten its territory and economy, and stressed the importance of NATO’s U.S. presence. Bucharest is also positioning itself as a regional energy supplier, expanding nuclear power with U.S. support and tapping natural gas fields in the Black Sea.

Washington’s role

About 80,000 American troops are stationed across Europe, according to U.S. European Command — down from roughly 105,000 just after Russia’s full-scale invasion of Ukraine. Thousands rotate through Lithuania, Estonia hosts a persistent U.S. contingent and roughly 3,000 are based in Romania, according to the State Department.

Despite speculation about U.S. drawdowns, Trump and senior officials have sharpened their rhetoric. On Monday, U.S. Ambassador to the U.N. Mike Waltz pledged Washington would defend ‘every inch’ of NATO territory. Trump suggested intruding Russian aircraft should be shot down and insisted Ukraine, with European support, can take back all of its territory.

Rep. Joe Wilson, R-S.C., a senior member of the House Foreign Affairs Committee, said those statements have resonance.

‘The unity of NATO has never been clearer,’ Wilson told Fox News Digital. ‘Sweden and Finland are now members. Trump correctly pointed out allies weren’t reaching 2 percent, now he’s moving to 5 percent. That means peace through strength.’

Eastern Sentry

In response to Russia’s provocations, NATO launched Eastern Sentry on September 12, 2025. The multidomain activity, led by Allied Command Operations, brings together fighter jets, naval assets and counter-drone systems from multiple allies to plug gaps and rotate forces across the eastern flank — from the Baltics to the Black Sea. Unlike a static buildup, the mission is designed to adapt quickly to emerging threats and demonstrate flexible deterrence.

This post appeared first on FOX NEWS

(TheNewswire)

GRANDE PRAIRIE, ALBERTA (September 26, 2025) TheNewswire – Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) (‘ANGKOR’ OR ‘THE COMPANY’) The Board of Directors, in recognition of exceptional performance and dedication, announces that they has chosen to   grant a total of 4,775,000 stock options to acquire the same number of common shares of the Company to Directors, Officers and consultants at a price of $0.255 per share, Certain options issued to Consultants are subject to vesting requirements. The options were granted pursuant to the Company’s Stock Option Plan as approved by the Shareholders at the meeting in 2025 and are subject to the terms of the applicable grant agreements and the requirements of the TSX Venture Exchange. 2,600,000 of the options issued to Directors and officers expire 3 years from the date of the grant, with the remaining 2,175,000 options having a term of either 2 or 1 years subject to the optionees continuing to act as consultants of the Company.

Options are issued in accordance with the policies of the Company and are subject to approval of the TSX-V Exchange.

The Company also announces it has contracted King Tide Media LLC  to assist in an awareness campaign.  The agreement is for a one-month period for US $35,000, commencing on September 22, 2025.  King Tide, services includes digital marketing and content creation. The Company and King Tide maintain an arm’s-length relationship, and no securities will be issued as compensation for marketing services.

ABOUT Angkor Resources CORPORATION:

Angkor Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading resource optimizer in Cambodia working towards mineral and energy solutions across Canada and Cambodia.  The company’s mineral subsidiary, Angkor Gold Corp. in Cambodia holds two mineral exploration licenses in Cambodia and its Cambodian energy subsidiary, EnerCam Resources, is actively exploring Cambodia’s onshore Block VIII of 4200 square kilometers in the southwest quadrant of Cambodia.   Since 2022, Angkor’s Canadian subsidiary, EnerCam Exploration Ltd., has been involved in gas/carbon capture and oil and gas production in Saskatchewan, Canada.

CONTACT: Delayne Weeks – CEO

Email: info@angkorresources.com Website: angkor resources.com Telephone: +1 (780) 831-8722

Please follow @AngkorResources on , , , Instagram and .

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

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to the potential for gold and/or other minerals at any of the Company’s properties, the prospective nature of any claims comprising the Company’s property interests, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, uncertainty of sample results, timing and results o f future exploration, and the availability of financing.  Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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Precious metals are wrapping up a record-setting week once again.

Silver was in the spotlight, pushing past US$46 per ounce, a price not seen since 2011. At that level, it’s up about 55 percent year-to-date, a better performance than gold.

Still, gold’s price activity is nothing to sneeze at. The yellow metal had another record-setting week, this time getting close to US$3,800 per ounce. It continues to see support from a variety of underlying factors, but turning heads this week was the news that China is looking to boost its position in the global gold market by becoming a custodian of foreign sovereign gold reserves.

People familiar with the matter said that in recent months the Asian nation has been approaching central banks in ‘friendly’ countries with the aim of encouraging them to buy gold and store it in China. Experts see the move as yet another part of the de-dollarization trend.

If China is successful, foreign gold reserves would be held in custodian warehouses linked to the international board of the Shanghai Gold Exchange. The board was set up by the People’s Bank of China in 2014, and is where foreign entities trade gold with Chinese counterparts.

Also relevant for gold this week were comments from US Federal Reserve Chair Jerome Powell. During a Providence, Rhode Island, speech on Tuesday (September 23), he indicated that the central bank will take a cautious approach to interest rates after last week’s 25 basis point cut.

The Fed has faced ongoing calls from US President Donald Trump to make bigger cuts more quickly, and while Powell continues to resist pressure, CME Group’s (NASDAQ:CME) Fedwatch tool still shows that a reduction is highly likely at the Fed’s October meeting.

With gold trading at or near all-time highs, a key question for investors is whether the price has more room to run. I’ve been speaking with a variety experts about that topic, and I encourage you to go check out the interviews on our YouTube channel to hear their full thoughts.

For now I’ll sum up the view points I’ve been hearing most often.

First and foremost, the message I’ve been getting is that gold’s run is not over — US$4,000, which once sounded like a fairly distant number, is now only US$200 to US$300 away, and many market watchers see it getting there by the end of the year, if not sooner.

Prices beyond US$4,000 are also being talked about as attainable.

There is of course a caveat, and that is that nothing can go straight up, including gold. Especially now after its rapid upward momentum, the broad consensus is that a correction is all but guaranteed, and perhaps soon. Here’s how Steve Barton of In It To Win It explained it:

‘I would be pretty shocked if we got up to US$4,000 and didn’t have some type of corrective move. I suppose anything’s possible — we blew through US$3,750, I didn’t expect that. So maybe it’ll go on up. But we’re getting pretty stretched here.’

Bullet briefing — Freeport drops, Lithium Americas spikes

Copper up on Freeport force majeure

Copper prices were on the rise this week after major miner Freeport-McMoRan (NYSE:FCX) declared force majeure at its Indonesia-based Grasberg copper-gold mine.

Grasberg has been offline since September 8, when around 800,000 metric tons of mud flowed into underground levels at the operation. Seven employees went missing during the incident, with two now confirmed to have died; search efforts continue for the other five.

Freeport has cut its copper and gold sales guidance for the third quarter of the year, and expects to defer ‘significant’ production in Q4 as well as 2026. Preliminary assessments suggest that Grasberg may not return to pre-incident operating rates until 2027.

The company’s share price took a dive on the back of the news.

Putting the impact into context, Bloomberg notes that prior to the disruption, Grasberg accounted for about 3.2 percent of copper mine supply this year, as well as 30 percent of Freeport’s copper output and 70 percent of its gold production.

Lithium Americas shares spike

On the opposite end of the spectrum, Nevada-focused Lithium Americas (TSX:LAC,NYSE:LAC) saw its share price spike over 100 percent this week after Reuters reported that the Trump administration may be gearing up to take a 10 percent equity stake in the company.

Lithium Americas finalized a US$2.26 billion loan from the US Department of Energy last year, but the government has been looking to renegotiate terms due to concerns about low lithium prices.

Lithium Americas reportedly proposed a change in the loan’s amortization schedule, with the request for an equity stake in the company coming during those discussions.

Reuters states that to secure its funding, Lithium Americas offered the government no-cost warrants that would equate to 5 to 10 percent of its common shares.

The loan is tied to the company’s Thacker Pass lithium project, which is set to open in 2028.

‘President Trump supports this project. He wants it to succeed and also be fair to taxpayers. But there’s no such thing as free money,’ an anonymous White House official told the news outlet.

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

This post appeared first on investingnews.com

President Donald Trump kicked off the week delivering remarks at the United Nations General Assembly, and closed it out by attending the 2025 Ryder Cup golf competition. 

During his address to the U.N. General Assembly debate Tuesday, Trump cautioned that Europe is in a crisis due to an influx of illegal immigration and warned that U.N. countries are ‘going to hell’ in the ‘failed experiment of open borders.’ 

‘Europe is in serious trouble,’ Trump said Tuesday. ‘They’ve been invaded by a force of illegal aliens like nobody’s ever seen before. Illegal aliens are pouring into Europe. Nobody is ever. And nobody’s doing anything to change it, to get them out. It’s not sustainable. And because they choose to be politically correct, they’re doing just absolutely nothing about it.’ 

The Trump administration has taken a tough stance against illegal immigrants to advance Trump’s mass deportation agenda. 

‘The U.N. is supposed to stop invasions, not create them and not finance them,’ Trump said. ‘In the United States, we reject the idea that mass numbers of people from foreign lands can be permitted to travel halfway around the world, trample our borders, violate our sovereignty, cause unmitigated crime, and deplete our social safety net. We have reasserted that America belongs to the American people, and I encourage all countries to take their own stand in defense of their citizens as well.’ 

After his remarks before the General Assembly and after meeting with Ukrainian President Volodymyr Zelenskyy, Trump said that he believes Ukraine, with the backing of the European Union, could secure back all of its territory as the war between Russia and Ukraine persists. 

‘After getting to know and fully understand the Ukraine/Russia Military and Economic situation and, after seeing the Economic trouble it is causing Russia, I think Ukraine, with the support of the European Union, is in a position to fight and WIN all of Ukraine back in its original form,’ Trump said in a Tuesday Truth Social post. ‘With time, patience, and the financial support of Europe and, in particular, NATO, the original Borders from where this War started, is very much an option.’ 

‘Why not? Russia has been fighting aimlessly for three and a half years a War that should have taken a Real Military Power less than a week to win,’ Trump said. ‘This is not distinguishing Russia. In fact, it is very much making them look like ‘a paper tiger.’’ 

Meanwhile, Trump headed to Farmingdale, New York, Friday along with his granddaughter Kai for the Ryder Cup golf competition at Bethpage Black Course. 

Trump has appeared at two other sporting events in New York in September: the U.S. Open men’s final and a New York Yankees game Sept. 11. 

Fox News’ Paulina Dedaj and Ryan Morik contributed to this report. 

This post appeared first on FOX NEWS

SEATTLE — Amazon has reached a historic $2.5 billion settlement with the Federal Trade Commission, which said the online retail giant tricked customers into signing up for its Prime memberships and made it difficult for them to cancel after doing so.

The Seattle company will pay $1 billion in civil penalties — the largest fine in FTC history, and $1.5 billion will be paid to consumers who were unintentionally enrolled in Prime, or were deterred from canceling their subscriptions, the agency said Thursday. Eligible Prime customers include those who may have signed up for a membership via the company’s “Single Page Checkout” between June 23, 2019 to June 23, 2025.

The Federal Trade Commission sued Amazon in U.S. District Court in Seattle two years ago alleging more than a decade of legal violations. That included a violation of the Restore Online Shoppers’ Confidence Act, a 2010 law designed to ensure that people know what they’re being charged for online.

Amazon admitted no wrong-doing in the settlement. It did not immediately respond to requests by The Associated Press for comment Thursday.

Amazon Prime provides subscribers with perks that include faster shipping, video streaming and discounts at Whole Foods for a fee of $139 annually, or $14.99 a month.

It’s a key and growing part of Amazon’s business, with more than 200 million members. In its latest financial report, the company reported in July that it booked more than $12 billion in net revenue for subscription services, a 12% increase from the same period last year. That figure includes annual and monthly fees associated with Prime memberships, as well as other subscription services such as its music and e-books platforms.

The company has said that it clearly explains Prime’s terms before charging customers, and that it offers simple ways to cancel membership, including by phone, online and by online chat.

“Occasional customer frustrations and mistakes are inevitable — especially for a program as popular as Amazon Prime,” Amazon said in a trial brief filed last month.

But the FTC said Amazon deliberately made it difficult for customers to purchase an item without also subscribing to Prime. In some cases, consumers were presented with a button to complete their transactions — which did not clearly state it would also enroll them in Prime, the agency said.

Getting out of a subscription was often too complicated, and Amazon leadership slowed or rejected changes that would have made canceling easier, according to an FTC complaint.

Internally, Amazon called the process “Iliad,” a reference to the ancient Greek poem about the lengthy siege of Troy during the Trojan war. The process requires the customer to affirm on three pages their desire to cancel membership.

The FTC began looking into Amazon’s Prime subscription practices in 2021 during the first Trump administration, but the lawsuit was filed in 2023 under former FTC Chair Lina Khan, an antitrust expert who had been appointed by Biden.

The agency filed the case months before it submitted an antitrust lawsuit against the retail and technology company, accusing it of having monopolistic control over online markets.

This post appeared first on NBC NEWS

Statistics Canada released its natural resource indicators report for the second quarter of 2025 on Thursday (September 25), which includes real gross domestic product (GDP), export and import data for Canadian resources.

According to the announcement, the real GDP for the sector decreased by 2.4 percent during the quarter, following a 1.8 percent rise in the first quarter, and outpaced the 0.4 percent decline in the broader Canadian economy.

Forestry saw the most significant decline, with real GDP falling by 4.9 percent; however, declines were felt throughout the sector. Real GDP of the energy sector dropped 2.5 percent, led by refined petroleum products decreasing 7.4 percent and electricity decreasing 3.5 percent. Minerals and mining decreased 1.2 percent, with primary metallic mineral products dropping the most in the category at 3.7 percent.

Exports declined by 6.6 percent, with forestry again registering the largest decrease at 15.5 percent, followed by energy decreasing 5.9 percent and minerals and mining dropping 4 percent. The reporting agency noted that declines coincided with increased tariffs on goods, especially steel and aluminum, entering the United States.

Meanwhile, imports increased by 6.6 percent during the quarter, following a 2.9 percent rise in the first quarter, and were mainly attributable to a 17.3 percent increase in mineral and mining imports, which included a 35.4 percent rise in metallic mineral products.

In major mining news this week, Freeport-McMoRan (NYSE:FCX) announced on Wednesday (September 24) that the closure of its Grasberg operations in Indonesia would be extended. The closure came after 800,000 metric tons of liquid materials entered its main Grasberg block cave on September 8, trapping seven workers. So far, the bodies of two workers have been recovered, and the remaining five workers are still missing.

Operations at two underground mines that were unaffected by the accident should restart mid-way through the fourth quarter, according to the company, but operations at the Grasberg block cave will not return to full production until at least 2027.

Grasberg is among the largest copper and gold mines in the world, contributing 1.7 billion pounds of copper and 1.4 million ounces of gold annually.

The announcement caused copper prices to surge by 5 percent in trading on Wednesday to US$4.84 per pound on the COMEX. Meanwhile, shares in Freeport tumbled by 16.95 percent to US$37.67 that day, and fell another 6 percent to US$35.46 on Thursday.

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 positive territory this week by the end of trading Thursday.

The S&P/TSX Composite Index (INDEXTSI:OSPTX) set another new record high this week, climbing above the 30,000 mark for the first time on Tuesday before retreating to close Thursday at 29,731.98. The S&P/TSX Venture Composite Index (INDEXTSI:JX) performed even better, peaking at 929.64 Tuesday and ending the week at 920.18. For its part, the CSE Composite Index (CSE:CSECOMP) peaked on Wednesday at 168.38, but retreated to end Thursday at 163.31.

The gold price continued to climb this week, setting another new record, as it achieved an intraday high of US$3,788 per ounce on Tuesday. While the price retreated slightly, it was still up 1.7 percent on the week at US$3,749.21 by Thursday’s close.

The silver price saw more significant gains, rising 8.14 percent to set a year-to-date high of US$45.19 per ounce at 4 p.m. EST Thursday. The silver price is trading at 14 year highs and has been closing in on its record US$47.91 set in March 2011.

Copper had sizable gains this week on the news of the closure of Freeport’s Grasberg mine discussed above. The copper price was up 5 percent on Wednesday, but shed some gains Thursday to end the day with a weekly gain of 4.12 percent to US$4.80 per pound. The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) gained 1.54 percent gain to end Thursday at 558.11.

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 Thursday 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. Lithium Americas (TSX:LAC)

Weekly gain: 126.93 percent
Market cap: C$2.02 billion
Share price: C$9.94

Lithium Americas is a lithium development company focused on advancing its flagship Thacker Pass project in Nevada, US, which is considered a critical component of the US’s domestic lithium supply chain.

The project is a 62/38 joint venture between Lithium America and General Motors (NYSE:GM), with the latter investing US$625 million in the project last year for its stake. The companies are currently working to advance Phase 1 of the project into production, targeting a capacity of 40,000 metric tons per year of battery-quality lithium carbonate. First production is expected in Q4 2027, and GM has the right to buy all Phase 1 lithium production.

Shares in the company surged this week following news reports on the status of a US$2.26 billion loan from the US Department of Energy (DOE). On Tuesday, Reuters reported that the White House is seeking an equity stake of up to 10 percent in Lithium Americas as it renegotiates the terms of the loan. The company had planned to make its first draw from the loan this month, according to Reuters’ sources.

On Wednesday, Lithium Americas noted its rising share price in a press release about the situation. The company stated it was continuing to work with the DOE and General Motors to reach a mutually agreeable resolution regarding the first draw of the loan and potential amendments, noting discussions also included the topic of ‘corresponding consideration,’ or fair compensation, for the lithium company.

2. Scandium Canada (TSXV:SCD)

Weekly gain: 75 percent
Market cap: C$20.09 million
Share price: C$0.07

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

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

Gains in Scandium Canada’s share price began when trading opened Tuesday, the day after Reuters reported on White House plans to source scandium oxide from Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO), which produces scandium oxide from its facility in Québec.

The company’s shares continued rising throughout the week. On Wednesday, Reuters reported that the Group of Seven nations is discussing instituting rare earth price floors as a means to increase rare earth production in their countries to counter China’s dominance. The considerations follow the G7 leaders’ announcement of a critical minerals action plan in June, which aims to strengthen the Western supply of critical minerals.

In company news, on Thursday Scandium Canada announced an update on advancements for its proprietary aluminum-scandium alloys, which it is aiming to commercialize.

3. Sendero Resources (TSXV:SEND)

Weekly gain: 64.58 percent
Market cap: C$14.74 million
Share price: C$0.79

Sendero Resources is a copper and gold exploration company focused on its Peñas Negras copper-gold project located along the border between Chile and Argentina in the Vicuña mining district.

Vicuña is home to several significant operations, including the Josemaria and Filo del Sol copper-gold mines, which are 50/50 joint ventures between Lundin Mining (TSX:LUN) and BHP Group (ASX:BHP,NYSE:BHP,LSE:BHP).

Peñas Negras covers an area of 211 square kilometers in Argentina’s portion of the district and bears geological similarities to the aforementioned deposits, according to Sendero.

Shares in the company were up this week, but the company has not released news since July 21, when it reported granting stock options to company employees and consultants.

4. Tincorp Metals (TSXV:TIN)

Weekly gain: 58.82 percent
Market cap: C$14.65 million
Share price: C$0.27

Tincorp Metals is a mineral exploration company with a pair of tin assets in Bolivia, and also owns a gold project in the Yukon, Canada.

Its SF Tin project covers a 2 square kilometer area in the Potosí Department of West-central Bolivia. The site hosts a historical open-pit mine and was previously explored by Rio Tinto in the 1990s. Tincorp’s 2022 exploration program encountered a highlighted intercept of 0.20 percent tin, 0.94 percent zinc, 0.17 percent lead and 24.01 g/t silver over 182.6 meters.

The company’s Porvenir project is an 11.25 square kilometer property in Western Bolivia that hosts historical open-pit and underground mining operations. Its exploration of the site in 2023 encountered a highlighted intercept with 0.65 percent tin, 1.97 percent zinc, 4 g/t silver and 0.10 percent copper over 21.2 meters.

The most recent news from Tincorp came on September 17 when it announced it had closed on a non-brokered private placement for 3 million common shares for gross proceeds of C$375,000. The company said it intends to use the net proceeds for working capital requirements and corporate purposes.

5. Wealth Minerals (TSXV:WML)

Weekly gain: 58.33 percent
Market cap: C$56.41 million
Share price: C$0.19

Wealth Minerals is a lithium exploration and development company with several Chilean lithium brine assets. Much of its news in Q2 and Q3 has been about advancing its Kuska project in the Salar de Ollagüe. The Kuska project covers 10,500 hectares in the Antofagasta region near the Bolivian border.

In May, the company created the Kuska Minerals 95/5 joint venture with the Quechua Indigenous Community of Ollagüe for the Kuska project.

A February 2024 preliminary economic assessment (PEA) for Kuska demonstrated an indicated resource of 139,000 metric tons of contained lithium from 8 million cubic meters of brine with an average grade of 175 milligrams per liter lithium. The report also demonstrated a post-tax net present value of US$1.15 billion, with an internal rate of return of 28 percent and a payback period of 6.9 years.

In September 2024, the Chilean government selected the Salar de Ollagüe to be among the first group of six salars considered for production licenses. Wealth applied for a special lithium operation contract (CEOL) for Kuska, but was denied due to not meeting the criteria of 80 percent ownership of the area designated by Chile, referred to as a polygon, that contained its concessions.

On Tuesday, the company reported that the Chilean government has reopened applications after simplifying the process for assigning a CEOL with revised requirements. During consultation with the local Indigenous communities, the ministry agreed to exclude ‘the areas of greatest cultural interest to Indigenous communities and the populated areas that were part of the polygon.’ Wealth Minerals is now verifying it meets all conditions before reapplying.

The following day, Wealth announced that it had entered into a letter agreement to acquire the past-producing Andacollo Oro Gold project in Chile. The project has historic measured and indicated resources of 2.02 million ounces of gold from 130 million metric tons with a grade of 0.48 g/t.

According to the company, it believes the acquisition is the right choice for shareholders as it expects the drivers of the current investment interest in gold, namely worry about monetary and fiscal policies, to remain unchanged.

Additionally, in connection with the transaction, the company announced it was opening a non-brokered private placement for a minimum of 41.67 million shares with the intention of raising gross proceeds of C$5 million.

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

This week’s market action reflected renewed caution amid evolving signals from the US Federal Reserve, with tech stocks facing pressure from shifting interest rate expectations and renewed overvaluation concerns.

Artificial intelligence (AI) heavyweight NVIDIA (NASDAQ:NVDA) announced a US$100 billion investment partnership with OpenAI on Monday (September 22), deploying at least 10 gigawatts of NVIDIA-powered data centers.

The initial US$10 billion investment will occur once the first gigawatt is operational in late 2026. OpenAI will purchase chips from NVIDIA with this investment, and NVIDIA will receive non-controlling equity in OpenAI.

The news was initially met with optimistic market sentiment, buoying NVIDIA shares and related AI-focused tech stocks.

Similarly, data center developers experienced a surge in their stock prices due to the increasing need for AI infrastructure. This was further fueled by announcements of significant expansion projects, such as the Stargate initiative. This rally hasn’t translated to ongoing price momentum at this point.

Global markets gained ahead of Fed Chair Jerome Powell’s Tuesday (September 23) remarks, in Providence, Rhode Island, during which he offered cautious guidance and dimmed hopes for near-term rate cuts.

Meanwhile, Canada’s S&P/TSX Composite Index (INDEXTSI:OSPTX) marked a milestone, breaking 30,000.

The milestone came as Bank of Canada Governor Tiff Macklem stressed the urgent need for economic reforms to counteract risks from US trade protectionism and the US dollar’s declining safe-haven status.

A more cautious tone emerged midweek, with analysts and investors weighing potential risks around the scale of the deal, including concerns about circular financing and renewed questions about market concentration.

Oracle’s (NYSE:ORCL) issuance of US$18 billion in public debt to expand its AI data center operations fueled concerns about escalating leverage risks. Meanwhile, at the macro leve, factors such as stronger-than-expected US unemployment numbers, and geopolitical tension after US President Donald Trump’s contentious remarks at the UN General Assembly, contributed to a market pause. Major US indexes marked their third straight day of losses on Thursday (September 25), with the tech sector bearing much of the brunt.

Nasdaq-100 performance, September 19 to 26, 2025.

Chart via Nasdaq.

The market rebounded slightly on Friday (September 26) as the latest US personal consumption expenditures index data aligned with expectations, giving investors relief and a sense of continued stability.

The Nasdaq-100 (INDEXNASDAQ:NDX) and S&P 500 (INDEXSP:.INX) posted modest losses for the week, reflecting a wait-and-see mood heading into the fourth quarter.

3 stocks that moved markets this week

Apple (NASDAQ:AAPL)

  • Share price performance: Shares of Apple have risen 11.45 percent since September 12 pre-orders, positively impacted by strong iPhone 17 sales exceeding expectations.

    Intel (NASDAQ:INTC)

    • Share price performance: Shares of Intel rose 19.65 percent this week as the legacy tech company continued to strengthen its market position.

      GlobalFoundries (NASDAQ:GFS)

        • News highlights: The US said it is planning to implement a 1:1 chip production rule to reduce reliance on overseas semiconductor supply. Under this proposal, chip manufacturers would be required to produce domestically as many semiconductors as their customers import from foreign suppliers. Companies failing to maintain this 1:1 domestic-to-import production ratio over time may face tariffs.

        Apple, Global Foundries and Intel performance, September 23 to 26, 2025.

        Chart via Google Finance.

        ETF performance

        Gains across AI-focused exchange-traded funds (ETFs) this week reflected ongoing investor optimism for AI innovation and infrastructure buildup. The VanEck Semiconductor ETF (NASDAQ:SMH) led the pack with a 1.74 percent increase, followed by the Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ), which gained 0.85 percent, and the iShares Semiconductor ETF (NASDAQ:SOXX), which advanced by 0.82 percent.

        Other market news

                      Tech news to watch next week

                      • TikTok deal developments: Watch for updates on ongoing TikTok negotiations, as regulatory and geopolitical scrutiny persists. Any breakthroughs or setbacks could have significant implications for global tech and social media landscapes.
                        • Fermi America IPO: Fermi America, the data center developer founded by former Energy Secretary Rick Perry, prepares for a Nasdaq IPO targeting a valuation near US$13 billion on October 1. The outcome and investor reception to this IPO will serve as a bellwether for the AI infrastructure sector and data center buildout investment appetite.

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

                        This post appeared first on investingnews.com

                        President Donald Trump told reporters Friday that the indictment against former FBI Director James Comey is about pursuing long-standing corruption and not political payback.

                        ‘It’s about justice really, it’s not revenge,’ Trump said while departing the White House. ‘It’s also about the fact that you can’t let this go on. They are sick, radical left people, and they can’t get away with it and Comey was one of the people.’

                        ‘He wasn’t the biggest, but he’s a dirty cop,’ Trump added. ‘He’s always been a dirty cop. Everybody knew it.’

                        Trump’s comments came after Comey was indicted by a grand jury for allegedly lying to Congress and obstructing a congressional proceeding. He was indicted on two counts: alleged false statements within the jurisdiction of the legislative branch and obstruction of congressional proceeding.

                        The president argued Comey gave a strong but false answer under oath and ultimately ‘got caught lying.’

                        ‘The only problem is for him he didn’t think he’d be caught and he got caught,’ Trump said, emphasizing that Comey could have hedged or said he didn’t remember, but instead gave a very specific response.

                        ‘It’s about justice. He lied. He lied a lot,’ Trump said. ‘He gave a very specific answer and then he verified it numerous times and he got caught.’

                        Comey was indicted by a grand jury following a probe centered on whether he lied to Congress during his Sept. 30, 2020, testimony about his handling of the original Trump–Russia investigation at the FBI, known inside the bureau as ‘Crossfire Hurricane.’ 

                        Comey has denied the allegations, declaring himself innocent and labeling the charges politically motivated by the Trump Justice Department. 

                        ‘My family and I have known for years that there are costs to standing up to Donald Trump, but we couldn’t imagine ourselves living any other way,’ Comey said in an Instagram video after his indictment. ‘We will not live on our knees and you shouldn’t either. Somebody that I love dearly recently said that fear is the tool of a tyrant, and she’s right.’

                        ‘But I’m not afraid,’ Comey added.

                        WATCH: Former FBI Director Comey responds after grand jury indicts him on two counts

                        The indictment also alleges Comey made a false statement when he testified that he did not authorize someone at the FBI to be an anonymous source. According to the indictment, that statement was false.

                        Comey’s arraignment is set for 10 a.m. on Oct. 9 before District Judge Michael S. Nachmanoff, a judge appointed by former President Joe Biden.

                        Fox News’ Brooke Singman, David Spunt and Greg Wehner contributed to this report. 

                        This post appeared first on FOX NEWS

                        Senate Democrats earlier this year were unwilling to shut down the government over fears of mass firings and deep cuts to spending, but now with a similar threat on the horizon, they seem unwilling to keep the lights on.

                        Senate Minority Leader Chuck Schumer, D-N.Y., and his caucus have further dug into their position in the week that Congress has been away from Washington, D.C., and they appear ready to not provide the needed votes to avert a partial government shutdown by Sept. 30.

                        Republicans are calling foul on their position and contend that their rhetoric is hypocritical to their stance from earlier this year, when Senate Democrats — including Schumer — voted to keep the government open.

                        Senate Majority Leader John Thune, R-S.D., contended that their position now is completely counter to the one they held in March when the government was again on the brink of closure, especially given their concerns that the Trump administration and Office of Management and Budget (OMB) would move ahead with mass firings.

                        ‘The argument they made was that you don’t want to give Trump — basically by shutting the government down — carte blanche to do whatever he wants to do with these government agencies, and, you know, to let the OMB make decisions about who’s essential and who isn’t,’ Thune said on ‘The Hugh Hewitt Show.’

                        ‘Because they do fundamentally believe they are the government party,’ he continued. ‘Which is why I think it’s going to be hard, can be really hard for them to sustain this over a long period of time, but we’ll see.’

                        The OMB circulated a memo to federal agencies this week that directed mass firings of federal employees beyond the typical shutdown furloughs, but Schumer chalked it up to ‘an attempt at intimidation.’

                        ‘Donald Trump has been firing federal workers since day one — not to govern, but to scare,’ he said. ‘This is nothing new and has nothing to do with funding the government. These unnecessary firings will either be overturned in court or the administration will end up hiring the workers back, just like they did as recently as today.’

                        When asked if he was concerned by what could happen if the government closed, Sen. Tim Kaine, D-Va., countered that it was a ‘political question.’

                        ‘That’s not the way I think about it,’ he told Fox News Digital. ‘I represent a Virginia that’s been ravaged by what Donald Trump has done to the federal workforce, federal contractors.’

                        ‘Donald Trump is doing stuff that hurts the country,’ he continued. ‘Donald Trump told Republicans not even to talk, to negotiate with Democrats on this.’

                        In March, when it appeared that Schumer would lead Democrats in lockstep to close the government, he backed down and argued that it was a ‘Hobson’s choice.’ Ultimately, he and nine other Senate Democrats advanced the bill.

                        Congressional Democrats at the time were fuming at the power that tech billionaire Elon Musk wielded and the impact a shutdown would have on the federal workforce, given the waves of firings and buyouts already taking place at the hands of Musk’s Department of Government Efficiency (DOGE).

                        He said during a speech on the Senate floor that a shutdown would ‘give Donald Trump and Elon Musk carte blanche to destroy vital government services,’ and it would let the GOP ‘weaponize their majorities to cherry-pick which parts of the government to reopen.’

                        Fast-forward to today and the only Senate Democrat publicly supporting the GOP’s short-term funding extension, or continuing resolution (CR), is Sen. John Fetterman, D-Pa.

                        He told Fox News Digital that shutting the government down would unleash chaos that the country didn’t need, particularly if President Donald Trump and the OMB were given no guardrails to rein in cuts or mass firings.

                        He said that if Democrats are concerned about the changes brought on by the Trump administration, shutting the government down is not the right answer.

                        ‘We must keep our government open,’ Fetterman said. ‘If we shut our government down, you know, the kinds of chaos and the kinds of loss for the millions of Americans that count on that directly, it’s just not the appropriate time for that, especially after the [Charlie] Kirk assassination.’

                        Schumer and congressional Democrats offered a counter-proposal to the GOP’s CR that included a laundry list of demands, such as permanently extending Obamacare subsidies, repealing the healthcare title of Trump’s ‘big, beautiful bill,’ and clawing back billions of canceled funding for NPR and PBS.

                        Both the Republican and Democrat proposals failed in the Senate last week.

                        Sen. Richard Blumenthal, D-Conn., like the majority of his Democratic colleagues, was rooted in opposition to the GOP’s short-term extension because of its lack of language to address Obamacare subsidies that expire at the end of this year.

                        When asked if he was concerned that shutting the government down would give Trump free rein to do as he pleased, Blumenthal told Fox News Digital, ‘I think Republicans would insist that he follow the law.’

                        Thune has signaled that conversations about the Obamacare subsidies, in particular, could happen after a shutdown is averted, but it so far has not been enough for Senate Democrats.

                        ‘I mean, they passed 13 short-term resolutions during the Biden administration, and 96% of the Democrats voted for it,’ Sen. John Hoeven, R-N.D., told Fox News Digital. ‘And go check out their rhetoric. So now, all of a sudden, they can’t vote for it. It’s ridiculous.’

                        When pressed on whether Republicans would move on Obamacare subsidies, Hoeven said, ‘I think we’re gonna do something we haven’t decided. So we’re talking about a number of different things, but we’re working on it.’

                        This post appeared first on FOX NEWS

                        Prime Minister Benjamin Netanyahu’s speech at the United Nations General Assembly (UNGA) was blasted across Gaza for Palestinians to hear thanks to a scheme from Israeli intelligence.

                        The prime minister said he wanted to speak directly to the 20 living hostages who remain in Hamas captivity. 

                        ‘I want to do something I’ve never done before. I want to speak from this forum directly to those hostages through loudspeakers. I’ve surrounded Gaza with massive loudspeakers connected to this microphone, in the hope that our dear hostages will hear my message.’ 

                        Netanyahu’s office said he had ordered his speech to be played over loudspeakers from the Israeli side of the border with Gaza.

                        He also said Israeli intelligence had found a way to broadcast the speech on cellphones across Gaza.

                        ‘Thanks to special efforts by Israeli intelligence, my words are now also being carried. They’re streamed live through the cell phones of Gazans.’ 

                        But Israel’s Channel 12 reported that the Israeli Defense Forces (IDF) had been ordered to set up speakers and broadcast the speech inside the Gaza Strip — not on the border.

                        ‘To Netanyahu’s regret, he is not Kim Jong-un, and the Israeli army does not need to broadcast the ruler’s speeches over loudspeakers while endangering soldiers in the field,’ opposition leader Yair Lapid wrote on X. 

                        Soldiers serving in the Gaza Strip and their families released a statement claiming they’d been ordered to enter Gaza to set up the loudspeakers. 

                        ‘The prime minister is lying,’ said a joint statement from the families. ‘We know from our children in uniform that the loudspeakers were placed inside Gaza. This action endangers their lives, all for the sake of a so-called public diplomacy campaign to preserve his rule.’

                        They continued: ‘He is doing PR at the expense of our children’s lives and security. Today we lost the last shred of trust we had in the political echelon and in the army leaders who approved this scandalous operation.’

                        During his speech, Netanyahu said directly to the hostages: ‘We have not forgotten you. Not even for a second. The people of Israel are with you. We will not falter, and we will not rest until we bring all of you home.’

                        Netanyahu took the U.N. main stage at a time when hostilities with the international body reached an all-time high. Amid mounting international pressure over Israel’s offensive campaign in Gaza, the U.N. has held meetings this week to push for a two-state solution. 

                        Dozens of U.N. delegates walked out of the General Assembly hall as the prime minister spoke. After the walkout, there were far more empty seats than delegates watching the speech. 

                        Member states voted to allow Palestinian Authority President Mahmoud Abbas to speak remotely on Thursday, where he accused Israel of ‘genocide’ and demanded full U.N. membership for a Palestinian state. Abbas received a 30-second round of applause after his address.

                        The prime minister eviscerated nations that recognized a Palestinian state — notably France, the U.K., Australia, and Canada. 

                        ‘I say to the representatives of those nations, this is not an indictment of Israel,’ Netanyahu said. ‘It’s an indictment of you. It’s an indictment of weakness. Leaders who appease evil rather than support a nation whose brave soldiers guard you from the barbarians at the gate. They’re already penetrating your gates. When will you learn?’

                        Netanyahu also claimed 90% of Palestinians ‘celebrated’ Hamas’ attack on Oct. 7th. 

                        ‘Nearly 90% of Palestinians supported the attack on October 7th. It’s not supported, they celebrated it. They danced on the rooftops. They threw candies. That’s what was both in Gaza and in Judea. Samaria, the West Bank, as you call [it]. And it’s just the way they celebrated another horror — 9/11. They danced on the rooftops. They cheered. They threw candy.’

                        Speaking to those who support a Palestinian state, Netanyahu claimed: ‘They don’t want a state next to Israel. They want a Palestinian state instead of Israel.’

                        ‘What you’re doing is giving the ultimate reward to intolerant fanatics who perpetrated and supported the October 7th massacre. Giving the Palestinians a state one mile from Jerusalem after October 7th is like giving al-Qaida state one mile from New York City after Sept. 11th. This is sheer madness. It’s insane. And we won’t do it,’ Netanyahu went on. 

                        The prime minister touted Israel’s military campaigns and the attacks on Iran and Hezbollah.

                        ‘Remember those beepers? The pagers? We paged Hezbollah… and believe me, they got the message,’ he quipped. 

                        Pagers belonging to members of Hezbollah exploded last year across Lebanon, killing and injuring locals. 

                        And after the U.S. carried out unprecedented strikes on Iran’s nuclear facilities in June, he said more work remained to be done to eradicate Iran’s nuclear threat. 

                        ‘We must not allow Iran to rebuild its military nuclear capacities. Iran’s stockpiles of enriched uranium, these stockpiles, must be eliminated.’

                        The prime minister faces the shadow of an arrest warrant issued by the International Criminal Court (ICC) in November 2024, which has complicated his international travels and intensified scrutiny of his wartime decisions.

                        The U.S. does not adhere to ICC decisions, and banned Palestinian leaders from traveling to New York for UNGA. 

                        But the prime minister took a circuitous route to New York, avoiding the airspace of Spain and France, both signatories of the Rome Statute of the ICC, which could make him subject to arrest if he were to land in their country. 

                        On Thursday, President Donald Trump said he would not allow Israel to annex the West Bank — an option Israeli officials had said was on the table in response to the growing swell of Palestinian recognition. 

                        ‘I will not allow Israel to annex the West Bank. Nope, I will not allow it. It’s not going to happen,’ Trump said in the Oval Office, adding that he’d spoken to Netanyahu on the topic. 

                        ‘It’s been enough. It’s time to stop now,’ he added.

                        On Thursday, Trump officials presented a 21-point plan to end the war in Gaza, which would focus on releasing the remaining hostages and a ceasefire. 

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