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Rzolv Technologies Inc. (TSXV: RZL) (the ‘Company’ or ‘RZOLV’) today reported the results of a bulk-scale vat leach metallurgical test conducted at an independent, operating gold mine in Arizona, marking a significant milestone in the commercial validation of the Company’s proprietary non-cyanide gold leaching technology.

The program represents RZOLV’s most advanced scale-up validation to date, moving beyond laboratory conditions to evaluate metallurgical performance, solution chemistry, reagent stability, hydrodynamics, and operability under representative operating conditions and at meaningful tonnage.

Bulk-Scale Test Highlights:

  • 73.5 tonnes of low-grade oxidized gold mineralization were processed at an operating mine in Arizona.
  • The test achieved an overall gold recovery of 67.51% over 40 days under the specific conditions evaluated, with recoveries comparable to laboratory-scale reference tests conducted using 1,000 ppm sodium cyanide.
  • The RZOLV leach solution demonstrated predictable scale-up behavior, with metallurgical performance consistent with prior laboratory-scale test work.
  • Solution chemistry remained stable throughout the test, maintaining targeted pH and oxidation-reduction potential (ORP) ranges, with no evidence of instability, precipitation, compaction, or channeling.
  • Leached residues exhibited low residual gold content and maintained favorable permeability characteristics throughout the test period.
  • Effective gold adsorption onto carbon was achieved, confirming compatibility with conventional carbon adsorption and electrowinning circuits.
  • Doré production and final weight were consistent with calculated carbon loadings and overall metallurgical accounting.

CEO Commentary

Duane Nelson, President and CEO of Rzolv Technologies Inc., commented: ‘This bulk-scale vat leach test represents an important inflection point for RZOLV. Processing more than 73 tonnes of ore at an operating mine allowed us to validate not only metallurgical recovery, but solution stability, hydrodynamics, reagent behavior, and carbon performance under real-world conditions.’

‘The predictable scale-up behavior observed in this program provides strong technical support for further commercial evaluation and reinforces our confidence that RZOLV can serve as a viable non-cyanide alternative for certain gold processing applications.’

Bulk-Scale Test Confirms Scalable Metallurgical Performance

The bulk test processed 73.55 tonnes of low-grade gold oxide mineralization hosted in gneissic and granitic lithologies. Run-of-mine material was crushed and screened to minus ½ inch (12.5 mm) plus 18 mesh (1 mm) and treated in a lined vat leach configuration with controlled solution circulation, collection, and carbon adsorption.

Under the specific test conditions evaluated, the 40-day bulk-scale vat leach achieved an overall calculated gold recovery of 67.51%. These results are consistent with multiple laboratory-scale leach tests conducted on the same test material, supporting the representativeness of the bulk-scale metallurgical performance.

Gold dissolution and recovery kinetics observed at bulk scale were consistent with prior laboratory-scale RZOLV and cyanide leach studies, indicating predictable scale-up behavior.

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Mass Balance Closure and Operability Confirm Process Integrity

From an operational standpoint, the test confirmed:

  • Stable and predictable reagent consumption
  • Sustained solution chemistry within targeted pH and ORP ranges
  • Effective gold adsorption onto conventional activated carbon
  • Compatibility with standard pumps, liners, instrumentation, and control systems

No evidence of solution instability, deleterious precipitation, compaction, or channeling was observed at the tested crush size. Irrigation flux, drainage behavior, and hydrodynamics remained stable throughout the test period.

Stream Mass (t) Au Grade Contained Au (g) Au Distribution (%)
Calculated Head (Feed) 73.56 1.373 g/t Au 100.98 100.00%
Pregnant/Process Solution (final) 1.12 PPM Au 68.788 67.51%
Final Tailings 73.56 0.450 g/t Au 33.100 32.49%
Mass Balance Closure 100.98 100.00%

 

Comparison to Cyanide and Prior Test Work

Parallel laboratory-scale bottle-roll testing was conducted using RZOLV and sodium cyanide on the representative oxide material (ground to <500 microns) to benchmark leach kinetics, dissolved gold tenors, and overall metallurgical response under controlled conditions. The laboratory results demonstrate that RZOLV exhibits gold dissolution behavior and recovery profiles comparable to cyanide, and in some tests, exceeding cyanide under identical laboratory conditions.

Under the specific laboratory test conditions applied, RZOLV achieved dissolved gold concentrations ranging from 1.48 to 1.55 gpt Au in solution over a 48-hour leach cycle, compared to 0.98 to 1.02 gpt Au achieved using a reference solution containing 1,000 ppm sodium, consistent with typical laboratory benchmarking concentrations’. Early-time leach kinetics for RZOLV were also observed to be equal to or faster than cyanide, with materially higher dissolved gold tenors achieved within the first 5 hours of leaching.

These laboratory-scale results are consistent with, and closely mirror, the pregnant solution gold tenors (~1.12 ppm Au) observed during the bulk-scale vat leach program, providing strong validation that RZOLV performance scales predictably from bottle-roll testing to bulk processing under representative operating conditions. The alignment between laboratory and bulk-scale data reinforces management’s confidence in the technical robustness, scalability, and commercial relevance of RZOLV as a non-cyanide gold leaching technology.

Leach Solution Recoveries (GPT)
1 hr 3 hrs 5 hrs 28 hrs 48 hrs
RZOLV Leaching Solution (Test 1) 0.64 1.14 1.27 1.46 1.55
RZOLV Leaching Solution (Test 2) 0.65 0.96 1.05 1.4 1.48
Sodium Cyanide Reference Solution (Test 1) 0.41 0.45 0.57 0.98 1.02
Sodium Cyanide Reference Solution (Test 2) 0.26 0.3 0.43 0.85 0.98

 

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Key Technical Observations

  • Comparable leach kinetics: RZOLV demonstrates dissolution rates comparable to or faster than cyanide during early leach intervals.
  • Higher dissolved gold tenors: RZOLV achieved consistently higher solution gold concentrations at 48 hours relative to cyanide.
  • Scalability confirmed: Laboratory-scale solution tenors are directionally consistent with bulk-scale vat leach solution grades.
  • Predictable performance: Results support the use of standard laboratory bottle-roll testing as a reliable predictor of bulk-scale RZOLV performance.

While laboratory comparisons are provided for reference only, management notes that the consistency between lab-scale and bulk-scale behavior is a critical indicator of scalable process performance.

Design-Relevant Data Generated for Commercial Evaluation

In addition to metallurgical results, the program generated design-ready data relevant to potential commercial deployment, including:

  • Solution flow rates and inventories
  • Residence-time distribution
  • Reagent management and oxidant demand
  • Carbon loading and stripping behavior
  • Equipment sizing envelopes
  • Preliminary operating cost inputs

These data materially advance RZOLV’s ability to evaluate and design future commercial-scale applications.

Environmental Containment and Closed-Loop Operation

The vat leach test was conducted within a fully contained, closed-loop process circuit, with all process solutions captured, recycled, and managed on-site throughout the program. No process solutions were discharged to surface water or groundwater systems during the test period.

The closed-loop configuration enabled controlled solution management, including consistent pH and oxidation-reduction potential (ORP) control, while minimizing environmental exposure pathways. The chemical system employed does not exhibit the acute toxicity characteristics associated with conventional cyanide-based leaching systems, allowing the test program to be executed under standard industrial handling and containment protocols appropriate for controlled metallurgical testing.

All operational practices were implemented to align with site environmental controls and applicable regulatory requirements, demonstrating the practicality of deploying RZOLV in contained leaching applications where solution stewardship, environmental risk management, and permitting considerations are critical.

Conclusions

The bulk-scale vat leach test demonstrates that, under the specific test conditions evaluated, RZOLV’s technology:

  • Achieved gold recoveries comparable to cyanide at lab-scale
  • Exhibited stable solution chemistry and reagent performance
  • Demonstrated compatibility with conventional carbon adsorption and electrowinning circuits
  • The RZOLV chemistry showed predictable scale-up behavior relative to prior laboratory testing
  • Leached residues exhibited low residual gold content and maintained favorable permeability characteristics throughout the test.
  • Doré production and weight were consistent with calculated carbon loadings and overall metallurgical accounting.
  • The vat leach test was conducted within a fully contained, closed-loop process circuit, with all process solutions captured, recycled, and managed on-site, resulting in no discharge to surrounding surface water or groundwater systems.

While results are based on a defined bulk sample and operating configuration, the demonstrated stability of RZOLV’s solution chemistry, hydrodynamics, and scale-up behavior indicates that comparable metallurgical performance is reasonably expected across a broad range of oxidized gold materials processed under analogous conditions.

Limitations and Disclaimer

The metallurgical test results reported herein are based on a specific bulk sample and defined test conditions and may not be indicative of performance on other ore types, grades, or operating environments. Comparative cyanidation results were generated at laboratory scale and are provided for reference purposes only. Bulk-scale testing provides indicative data on metallurgical response, solution behavior, and operability; however, additional testing is required to confirm performance consistency and economic applicability at commercial scale. There can be no assurance that results obtained in this test program will be replicated under different conditions or at other sites.

About Rzolv Technologies Inc.

Rzolv Technologies Inc. is a clean-tech company developing innovative, non-toxic solutions that aim to transform gold extraction and mine-site remediation. The Company’s flagship product, RZOLV, is a proprietary water-based hydrometallurgical formula that provides a sustainable, safe alternative to sodium cyanide for the dissolution and recovery of gold.

Cyanide has been the industry standard for more than a century, yet its toxicity has resulted in bans or restrictions across multiple jurisdictions, along with significant permitting, handling, and ESG challenges for mining companies. RZOLV delivers comparable performance and cost metrics to cyanide while offering a non-toxic, reusable, and environmentally sustainable profile, enabling gold extraction in regions, ore types, and project settings where cyanide use is impractical, prohibited, or socially unacceptable. For more information: https://www.rzolv.com.

Cautionary Note

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

For further information, please contact:

Contact
Duane Nelson
Email: duane@rzolv.com
Phone: (604) 512-8118

Cautionary Note Regarding Forward-Looking Statements

This news release contains statements that constitute ‘forward-looking statements.’ Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects,’ ‘plans,’ ‘anticipates,’ ‘believes,’ ‘intends,’ ‘estimates,’ ‘projects,’ ‘potential’ and similar expressions, or that events or conditions ‘will,’ ‘would,’ ‘may,’ ‘could’ or ‘should’ occur.

Forward-looking information is based on management’s reasonable assumptions, estimates, and expectations as of the date hereof, including assumptions regarding test conditions, material characteristics, operating parameters, regulatory frameworks, and the availability of capital and third-party services. Such information is subject to known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those expressed or implied, including but not limited to variability in ore characteristics, scale-up risks, changes in regulatory requirements, environmental permitting outcomes, market conditions, and operational execution. Forward-looking information is provided for the purpose of providing information about management’s current expectations and plans and may not be appropriate for other purposes. The Company does not undertake to update any forward-looking information except as required by applicable law.

The forward-looking information in this news release is based on management’s reasonable expectations and assumptions as of the date of this news release.

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The Krafty Labs acquisition brings with it a diversified list of blue-chip enterprise customers

TORONTO, ON AND NEW YORK, NY / ACCESS Newswire / January 5, 2026 / Nextech3D.ai (CSE:NTAR,OTC:NEXCF)(OTCQB:NEXCF)(FSE:1SS), an AI-first technology company specializing in AI-powered live event solutions, 3D modeling, and spatial computing, today announced the successful closing of its previously announced acquisition of Krafty Labs, an experiential team-building platform serving large enterprise organizations. The acquisition was completed for $650,000 in cash with the CEO investing $321,917.

With the completion of this transaction, Nextech3D.ai believes it has built one of the industry’s most comprehensive end-to-end AI-powered platforms for live events and enterprise experiential engagement.

Creating a Unified, End-to-End AI-Powered Event Technology Ecosystem

The addition of Krafty Labs meaningfully expands Nextech3D.ai’s AI-powered event technology portfolio, enabling the Company to offer an integrated platform that spans the full AI-driven event lifecycle, including:

  • AI-powered event registration and ticketing

  • AI-powered badging and on-site badge printing

  • AI-powered lead retrieval and exhibitor analytics

  • AI-powered mobile event applications

  • AI-powered interactive floor plans and spatial navigation

  • AI-powered engagement tools, including AI matchmaking

  • AI-powered enterprise experiential team-building programs

Together, these capabilities position Nextech3D.ai to serve AI-powered event organizers, exhibitors, sponsors, and enterprise customers through a single, unified platform.

Blue-Chip Customer Base, Proven Revenue Platform, and Expanding Experience Library

The Krafty Labs acquisition brings with it a diversified list of blue-chip enterprise customers, significantly expanding Nextech3D.ai’s customer footprint and cross-selling opportunities across its AI-powered live event and 3D model ecosystem.

Krafty Labs currently offers approximately 100 curated experiential events designed for enterprise-scale deployment and operates a revenue-generating AI-enabled experiential engagement platform that produced approximately $1.2 million in revenue during 2025 with a 73% gross margin or $876,000 in gross profits, demonstrating proven market demand and providing Nextech3D.ai with an immediately accretive operating business.

Accelerating Platform Expansion Through Automation

Following the acquisition, Nextech3D.ai expects to significantly accelerate the expansion of Krafty Labs’ experiential offerings, with management anticipating the rollout of approximately 100+ new experiences per quarter, representing a potential 400% expansion of the platform’s experiential catalog in 2026.

This anticipated growth is expected to be driven primarily by the automation of the creator and experience onboarding process, which historically has been a largely manual workflow. Nextech3D.ai plans to leverage its AI capabilities and platform infrastructure to streamline onboarding, standardize quality controls, and reduce time-to-market for new experiences.

Focus on Automation, AI Enhancements, and Custom Enterprise Experiences

Planned enhancements to the Krafty Labs platform will center on:

  • Automating experience onboarding and deployment

  • Enhancing AI-driven matching and personalization

  • Improving scalability and operational efficiency

  • Delivering custom-branded experiential programs for large corporate accounts

Management believes these enhancements will support higher customer lifetime value, increased subscription adoption, and expanded recurring revenue.

Retention of Key Leadership and Team

Nextech3D.ai has retained the entire Krafty Labs operating team, including the company’s founder, Chief Operating Officer, and Chief Technology Officer, who have joined Nextech3D.ai in senior leadership roles.

Management believes the retention of this experienced team will accelerate integration, innovation, and execution across Nextech3D.ai’s AI-powered live event and experiential engagement platform.

Expanding Recurring Revenue Through AI-Powered Subscription-Based Engagement

Krafty Labs has already begun rolling out a new annual AI-powered subscription model designed to support large enterprise organizations with thousands of employees distributed globally. These subscriptions provide ongoing access to curated experiential engagement and AI-powered team-building programs that extend beyond one-time AI-powered events.

Nextech3D.ai intends to accelerate the rollout of this subscription model by leveraging its enterprise relationships, AI-powered event infrastructure, 3D modeling capabilities and global sales capabilities.

Addressing a Large and Growing Market Opportunity

According to Grand View Research, the global live events market was valued at approximately $1.1 trillion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of over 13% through 2030, driven by increasing demand for digital, hybrid, and AI-powered engagement solutions.
Source: https://www.grandviewresearch.com/industry-analysis/events-industry-market

Management Commentary

Evan Gappelberg, CEO of Nextech3D.ai, commented:

‘With Krafty Labs, we see a clear opportunity to move from a curated experience model to a true global platform. By automating onboarding, we expect to scale from roughly 100 experiences today to a marketplace that can support thousands of creators worldwide – including artisans, facilitators, chefs, wellness instructors, educators, and event professionals. This platform approach allows us to rapidly expand our experiential offering to existing blue chip customers-while maintaining enterprise standards and supporting global, distributed workforces.’

About Nextech3D.ai

Nextech3D.ai is an AI-first technology company specializing in AI-powered live event solutions, 3D modeling, and spatial computing. The Company delivers an integrated suite of AI-driven technologies designed to enhance live, hybrid, and virtual experiences through intelligent engagement, visualization, and data-driven insights.

About Krafty Labs

Krafty Labs is an AI-enabled experiential team-building platform delivering curated engagement programs for large enterprise organizations. Its offerings are designed to support employee connection, collaboration, and culture across distributed and global teams.

Website: www.Nextech3D.ai
Investor Relations: investors@nextechar.com

For further information, please visit: www.Nextech3D.ai.

Investor Relations: investors@nextechar.com

Sign up for Investor News and Info – Click Here

Evan Gappelberg /CEO and Director
866-ARITIZE (274-8493)

Forward-looking Statements The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Certain information contained herein may constitute ‘forward-looking information’ under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, ‘will be’ or variations of such words and phrases or statements that certain actions, events or results ‘will’ occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Nextech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

SOURCE: Nextech3D.ai Corp

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LaFleur Minerals Inc. (CSE: LFLR,OTC:LFLRF) (FSE: 3WK0) (‘LaFleur Minerals’ or the ‘Company’ or ‘Issuer’) is pleased to announce that, further to its news release dated December 29, 2025, it has closed a non-brokered hard dollar private placement for a total of 1,800,000 units of the Company (the ‘Units’) at a price of $0.50 per Unit, for gross proceeds of $900,000 (the ‘Hard Dollar Offering’). Each Unit issued consists of one (1) common share in the capital of the Company (each a ‘Common Share’) and one (1) Common Share purchase warrant (a ‘Warrant’) granting the holder the right to purchase one (1) additional Common Share of the Company (a ‘Warrant Share’) at a price of $0.75 at any time on or before 36 months from the Closing Date. The securities offered under the Hard Dollar Offering will be subject to a statutory hold period in Canada expiring four (4) months and one day from the closing of the Offering, in accordance with applicable Canadian securities laws.

The gross proceeds from the Hard Dollar Offering will be used for the commissioning and restart of gold production operations at the Company’s wholly-owned Beacon Gold Mine and Mill, as well as work at the Company’s Swanson Gold Project in Val d’Or, Québec, and for general working capital purposes.

The Company has paid qualified finders and brokers a cash commission of $63,000, or 7% of the aggregate gross proceeds of the Hard Dollar Offering, and a total of 126,000 broker warrants (the ‘Broker Warrants‘). Each Broker Warrant will entitle the holder to purchase one Common Share at an exercise price equal to the Offering Warrant Price for a period of 24 months following the Closing Date.

TOTAL FINANCING OF $7,800,421.

This milestone is a strategic inflection point for LaFleur as the Company transitions from exploration to near-term gold production and value creation, providing strong financial momentum as the Company advances toward restarting gold production at its wholly-owned and recently updated Beacon Gold Mill and as it accelerates development of its Swanson Gold Project in the heart of Quebec’s prolific Abitibi Gold Belt. With the previously announced (December 31,2025 News Release) closing of its LIFE Offering for an upsized amount and gross proceeds of $4,695,000 and Flow-Through Offering for an oversubscribed amount and gross proceeds of $2,205,421, and the last Hard Dollar $900,000 offering, the Company is well on its way to restart production at its Beacon Gold Mill. The Company’s previously announced Preliminary Economic Assessment (‘PEA’) is on its way to completion this month, which intends to outline a comprehensive, economic study for the sourcing of mineralized material from its nearby Swanson Gold Project and process at its nearby 100% Owned Beacon Gold Mill.

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

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

ON BEHALF OF LaFleur Minerals INC.

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

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

Cautionary Statement Regarding ‘Forward-Looking’ Information

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

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

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With Venezuelan dictator Nicolás Maduro extracted from Caracas on Jan. 3, Venezuelans and the world are anxious to learn about the future that awaits.

In a press conference following the Maduro operation on Saturday, President Donald Trump announced that the U.S. is ‘going to run the country’ until a transition can be safely made.

Isaias Medina, an international lawyer and former senior Venezuelan diplomat, said a peaceful transition is vital for the 9 million to 10 million Venezuelans who are forcibly displaced and living in exile. Medina, who resigned his diplomatic post in protest against Maduro’s rule in 2017, told Fox News Digital that exiled Venezuelans ‘have been preparing ourselves to go back to rebuild our nation.’

With support from international organizations like the Organization of American States, Medina said the most important next step for Venezuela is to establish a transitional government that can restore the rule of law and rebuild institutions that have been decimated under the Maduro regime. Setting in place free and fair elections is particularly important, Medina said, noting that it’s ‘a legal obligation owed to [Venezuela’s] people, because on their occupied territory, it was never equitable or really free.’

Under Maduro, Medina said that ‘there was no separation of powers, there was no rule of law, there was not even sovereignty.’ Instead, Medina said Venezuela had an occupied territory extensively influenced by terrorist and trafficking organizations Hamas, Hezbollah, the Ejército de Liberación Nacional (ELN) and the Revolutionary Armed Forces of Colombia (FARC). He said these groups were exploiting Venezuelan resources.

David Daoud, a senior fellow at the Foundation for Defense of Democracies, told Fox News Digital that so long as Venezuela poses no threat to U.S. national security, the ‘ideal situation’ for Venezuela ‘would be American guidance for determined local action.’ 

‘The best we can shepherd Venezuela to be is a productive member of the family of nations, and that’s something that we can help with a softer touch, without boots on the ground,’ Daoud said. ‘I don’t think we need to be in the business of trying to create Jeffersonian democracies anywhere.’

Following Maduro’s ouster, Daoud said the level of chaos allowed to exist inside Venezuela will determine whether terror groups like Hezbollah and Hamas will be able to continue operating there. ‘It would really depend — does the day after in Venezuela create a stable state that is able to properly exercise control over all its territory, is interested in implementing the rule of law, is not corrupt. That would make things very, very complicated, if not impossible, for Hezbollah to operate, at least in the way it has been operating for a decade-plus, ever since the linkage between it and the original Chávez regime came about.’

Going forward, Medina suggested that the country will also have to manage guerrilla forces like the colectivos, violent groups of Venezuelans who were armed and trained with old U.S. and Russian military weapons. Medina said having these guerrillas ‘return the weapons for freedom’ could help to ‘unite the nation under one banner of development and evolution… so that we can have a country that really meets the expectations, not only of the riches that it has, but of the people and the development of their education and training and jobs, because it has been completely destroyed by design.’

Though the road ahead is uncertain, Medina is filled with hope. ‘What we have ahead of us is a great journey to be able to build upon the ruins of what this regime left us. But I think we’re going to become stronger, and this is the moment. The time has come,’ Medina said.

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Former Vice President Kamala Harris on Saturday evening condemned the Trump administration’s capture of Venezuelan dictator Nicolás Maduro and his wife, calling the operation both ‘unlawful’ and ‘unwise.’

In a lengthy post on X, Harris acknowledged that Maduro is a ‘brutal’ and ‘illegitimate’ dictator but said that President Donald Trump’s actions in Venezuela ‘do not make America safer, stronger, or more affordable.’

‘Donald Trump’s actions in Venezuela do not make America safer, stronger, or more affordable,’ Harris wrote. ‘That Maduro is a brutal, illegitimate dictator does not change the fact that this action was both unlawful and unwise. We’ve seen this movie before.

‘Wars for regime change or oil that are sold as strength but turn into chaos, and American families pay the price.’

Harris made the remarks hours after the Trump administration confirmed that Maduro and his wife were captured and transported out of Venezuela as part of ‘Operation Absolute Resolve.’

The former vice president also accused the administration of being motivated by oil interests rather than efforts to combat drug trafficking or promote democracy.

‘The American people do not want this, and they are tired of being lied to. This is not about drugs or democracy. It is about oil and Donald Trump’s desire to play the regional strongman,’ Harris said. ‘If he cared about either, he wouldn’t pardon a convicted drug trafficker or sideline Venezuela’s legitimate opposition while pursuing deals with Maduro’s cronies.’

Harris, who has been rumored as a potential Democratic contender in the 2028 presidential race, additionally accused the president of endangering U.S. troops and destabilizing the region.

‘The President is putting troops at risk, spending billions, destabilizing a region, and offering no legal authority, no exit plan, and no benefit at home,’ she said. ‘America needs leadership whose priorities are lowering costs for working families, enforcing the rule of law, strengthening alliances, and — most importantly — putting the American people first.’

Maduro and his wife arrived at the Metropolitan Detention Center in Brooklyn late Saturday after being transported by helicopter from the DEA in Manhattan after being processed.

Earlier in the day, Trump said that the U.S. government will ‘run’ Venezuela ‘until such time as we can do a safe, proper and judicious transition.’

Harris’ office did not immediately respond to Fox News Digital’s request for comment.

Fox News Digital’s Jasmine Baehr contributed to this report.

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Dan Bongino returned to private life on Sunday after serving as deputy director of the Federal Bureau of Investigation (FBI) for less than a year.

Bongino said on X that Saturday was his last day on the job before he would return to ‘civilian life.’

‘It’s been an incredible year thanks to the leadership and decisiveness of President Trump. It was the honor of a lifetime to work with Director Patel, and to serve you, the American people. See you on the other side,’ he wrote.

The former FBI deputy director announced in mid-December that he would be leaving his role at the bureau at the start of the new year.

President Donald Trump previously praised Bongino, who assumed office in March, for his work at the FBI.

‘Dan did a great job. I think he wants to go back to his show,’ Trump told reporters.

Bongino spoke publicly about the personal toll of the job during a May appearance on ‘Fox & Friends,’ saying he had sacrificed a lot to take the role.

‘I gave up everything for this,’ he said, citing the long hours both he and FBI Director Kash Patel work.

‘I stare at these four walls all day in D.C., by myself, divorced from my wife — not divorced, but I mean separated — and it’s hard. I mean, we love each other, and it’s hard to be apart,’ he added.

Bongino’s departure leaves Andrew Bailey, who was appointed co-deputy director in September 2025, as the bureau’s other deputy director.

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It can fairly be said that the most precarious jobs in the world are those of a golf ball collector at a driving range, a mascot at a Chuck E. Cheese and a Trump administration lawyer.

That was evident at the press conference yesterday as President Donald Trump blew apart the carefully constructed narrative presented earlier for the seizure of Venezuelan President Nicolás Maduro and his wife, Cilia Flores. Some of us had written that Trump had a winning legal argument by focusing on the operation as the seizure of two indicted individuals in reliance on past judicial rulings, including the decisions in the case of former Panamanian dictator Manuel Noriega.

Secretary of State Marco Rubio and Air Force Gen. Dan Caine, chairman of the Joint Chiefs of Staff, stayed on script and reinforced this narrative. Both repeatedly noted that this was an operation intended to bring two individuals to justice and that law enforcement personnel were part of the extraction team to place them in legal custody. Rubio was, again, particularly effective in emphasizing that Maduro was not the head of state but a criminal dictator who took control after losing democratic elections.

However, while noting the purpose of the capture, Trump proceeded to declare that the United States would engage in nation-building to achieve lasting regime change. He stated that they would be running Venezuela to ensure a friendly government and the repayment of seized U.S. property dating back to the government of Maduro’s mentor and predecessor, Hugo Chávez.

This city is full of self-proclaimed Trump whisperers who rarely score above random selection in their predictions. However, there are certain pronounced elements in Trump’s approach to such matters. First, he is the most transparent president in my lifetime, with prolonged (at times excruciatingly long) press conferences and a brutal frankness about his motivations. Second, he is unabashedly and undeniably transactional in most of his dealings. He is not ashamed to state what he wants the country to get out of the deal.

In Venezuela, he wants a stable partner, and he wants oil.

Chávez and Maduro had implemented moronic socialist policies that reduced one of the most prosperous nations to an economic basket case. They brought in Cuban security thugs to help keep the population under repressive conditions, as a third fled to the United States and other countries.

After an extraordinary operation to capture Maduro, Trump was faced with socialist Maduro allies on every level of the government. He is not willing to allow those same regressive elements to reassert themselves.

The problem is that, if the purpose was regime change, this attack was an act of war, which is why Rubio struggled to bring the presser back to the law enforcement purpose. I have long criticized the erosion of the war declaration powers of Congress, including my representation of members of Congress in opposition to Obama’s Libyan war effort.

The fact, however, is that we lost that case. Trump knows that. Courts have routinely dismissed challenges to undeclared military offensives against other nations. In fairness to Trump, most Democrats were as quiet as church mice when Obama and Hillary Clinton attacked Libya’s capital and military sites to achieve regime change without any authorization from Congress. They were also silent when Obama vaporized an American under this ‘kill list’ policy without even a criminal charge. So please spare me the outrage now.

My strong preferences for congressional authorization and consultation are immaterial. The question I am asked as a legal analyst is whether this operation would be viewed as lawful. The answer remains yes.

The courts have previously upheld the authority of presidents to seize individuals abroad, including the purported heads of state. This case is actually stronger in many respects than the one involving Noriega. Maduro will now make the same failed arguments that Noriega raised. He should lose those challenges under existing precedent. If courts apply the same standards to Trump (which is often an uncertain proposition), Trump will win on the right to seize Maduro and bring him to justice.

But then, how about the other rationales rattled off at Mar-a-Lago? In my view, it will not matter. Here is why:

The immediate purpose and result of the operation was to capture Maduro and to bring him to face his indictment in New York. That is Noriega 2.0. The administration put him into custody at the time of extraction with law enforcement personnel and handed him over to the Justice Department for prosecution.

The Trump administration can then argue that it had to deal with the aftermath of that operation and would not simply leave the country without a leader or stable government. Trump emphasized, ‘We’re going to run the country until such time as we can do a safe, proper and judicious transition.’

I still do not like the import of those statements. Venezuelans must be in charge of their own country and our role, if any, must be to help them establish a democratic and stable government. Trump added, ‘We can’t take a chance that somebody else takes over Venezuela that doesn’t have the good of the Venezuelan people in mind.’

The devil is in the details. Venezuelans must decide who has their best interests in mind, not the United States.

However, returning to the legal elements, I do not see how a court could free Maduro simply because it disapproves of nation-building. Presidents have engaged in such policies for years. The aftermath of the operation is distinct from its immediate purpose. Trump can argue that, absent countervailing action from Congress, he has the authority under Article II of the Constitution to lay the foundation for a constitutional and economic revival in Venezuela.

He will leave it to his lawyers to make that case. It is not the case that some of us preferred, but it is the case that he wants to be made. He is not someone who can be scripted. It is his script and he is still likely to prevail in holding Maduro and his wife for trial.

This post appeared first on FOX NEWS

It can fairly be said that the most precarious jobs in the world are those of a golf ball collector at a driving range, a mascot at a Chuck E. Cheese and a Trump administration lawyer.

That was evident at the press conference yesterday as President Donald Trump blew apart the carefully constructed narrative presented earlier for the seizure of Venezuelan President Nicolás Maduro and his wife, Cilia Flores. Some of us had written that Trump had a winning legal argument by focusing on the operation as the seizure of two indicted individuals in reliance on past judicial rulings, including the decisions in the case of former Panamanian dictator Manuel Noriega.

Secretary of State Marco Rubio and Air Force Gen. Dan Caine, chairman of the Joint Chiefs of Staff, stayed on script and reinforced this narrative. Both repeatedly noted that this was an operation intended to bring two individuals to justice and that law enforcement personnel were part of the extraction team to place them in legal custody. Rubio was, again, particularly effective in emphasizing that Maduro was not the head of state but a criminal dictator who took control after losing democratic elections.

However, while noting the purpose of the capture, Trump proceeded to declare that the United States would engage in nation-building to achieve lasting regime change. He stated that they would be running Venezuela to ensure a friendly government and the repayment of seized U.S. property dating back to the government of Maduro’s mentor and predecessor, Hugo Chávez.

This city is full of self-proclaimed Trump whisperers who rarely score above random selection in their predictions. However, there are certain pronounced elements in Trump’s approach to such matters. First, he is the most transparent president in my lifetime, with prolonged (at times excruciatingly long) press conferences and a brutal frankness about his motivations. Second, he is unabashedly and undeniably transactional in most of his dealings. He is not ashamed to state what he wants the country to get out of the deal.

In Venezuela, he wants a stable partner, and he wants oil.

Chávez and Maduro had implemented moronic socialist policies that reduced one of the most prosperous nations to an economic basket case. They brought in Cuban security thugs to help keep the population under repressive conditions, as a third fled to the United States and other countries.

After an extraordinary operation to capture Maduro, Trump was faced with socialist Maduro allies on every level of the government. He is not willing to allow those same regressive elements to reassert themselves.

The problem is that, if the purpose was regime change, this attack was an act of war, which is why Rubio struggled to bring the presser back to the law enforcement purpose. I have long criticized the erosion of the war declaration powers of Congress, including my representation of members of Congress in opposition to Obama’s Libyan war effort.

The fact, however, is that we lost that case. Trump knows that. Courts have routinely dismissed challenges to undeclared military offensives against other nations. In fairness to Trump, most Democrats were as quiet as church mice when Obama and Hillary Clinton attacked Libya’s capital and military sites to achieve regime change without any authorization from Congress. They were also silent when Obama vaporized an American under this ‘kill list’ policy without even a criminal charge. So please spare me the outrage now.

My strong preferences for congressional authorization and consultation are immaterial. The question I am asked as a legal analyst is whether this operation would be viewed as lawful. The answer remains yes.

The courts have previously upheld the authority of presidents to seize individuals abroad, including the purported heads of state. This case is actually stronger in many respects than the one involving Noriega. Maduro will now make the same failed arguments that Noriega raised. He should lose those challenges under existing precedent. If courts apply the same standards to Trump (which is often an uncertain proposition), Trump will win on the right to seize Maduro and bring him to justice.

But then, how about the other rationales rattled off at Mar-a-Lago? In my view, it will not matter. Here is why:

The immediate purpose and result of the operation was to capture Maduro and to bring him to face his indictment in New York. That is Noriega 2.0. The administration put him into custody at the time of extraction with law enforcement personnel and handed him over to the Justice Department for prosecution.

The Trump administration can then argue that it had to deal with the aftermath of that operation and would not simply leave the country without a leader or stable government. Trump emphasized, ‘We’re going to run the country until such time as we can do a safe, proper and judicious transition.’

I still do not like the import of those statements. Venezuelans must be in charge of their own country and our role, if any, must be to help them establish a democratic and stable government. Trump added, ‘We can’t take a chance that somebody else takes over Venezuela that doesn’t have the good of the Venezuelan people in mind.’

The devil is in the details. Venezuelans must decide who has their best interests in mind, not the United States.

However, returning to the legal elements, I do not see how a court could free Maduro simply because it disapproves of nation-building. Presidents have engaged in such policies for years. The aftermath of the operation is distinct from its immediate purpose. Trump can argue that, absent countervailing action from Congress, he has the authority under Article II of the Constitution to lay the foundation for a constitutional and economic revival in Venezuela.

He will leave it to his lawyers to make that case. It is not the case that some of us preferred, but it is the case that he wants to be made. He is not someone who can be scripted. It is his script and he is still likely to prevail in holding Maduro and his wife for trial.

This post appeared first on FOX NEWS

After a steep decline during the first half of 2025, the zinc price is ending the year close to where they started.

Because it’s used to make galvanized steel, the majority of zinc demand is closely tied to housing and manufacturing sectors, which have recently faced pressures from a combination of high inflation and interest rates.

Additional pressures have come from an evolving US trade policy, causing uncertainty among investors who turned away from real estate and consumers who reduced spending.

What happened to the zinc price in 2025?

The zinc price was relatively flat at the start of 2025, beginning the year at US$2,927 per metric ton (MT) on January 2 and closing the first quarter at US$2,855 on March 30. However, the second quarter brought a broad rout for base metals prices, and by April 9 zinc had fallen to a yearly low of US$2,562.

Since then, zinc has gained steadily, ending the second quarter at US$2,753 on June 30. The price rise continued through Q3 and Q4, with zinc reaching US$2,954 on September 30 and US$3,088 on December 29.

Zinc price, 2025.

Chart via the London Metal Exchange.

Key trends for zinc in 2025

As mentioned, zinc saw a major price decline at the start of April, falling 14 percent as the base metals sector responded to US President Donald Trump’s “Liberation Day” tariffs announcement.

At the time, analysts predicted that the proposed reciprocal tariffs could trigger a recession, impacting consumer spending on new homes and cars, both of which have significant inputs of galvanized steel.

While the threat of a significant global recession eased as the proposed tariffs were dialed back, considerable uncertainty among both investors and consumers remained. This was evident in the US housing market, where affordability challenges persist, leading to stagnation in new housing starts and a glut of unsold homes.

Likewise, a stalled Chinese housing market persisted throughout 2025. The country’s real estate market collapsed in 2020 as Evergrande and Country Garden filed for bankruptcy. Over the past five years, the government has implemented several measures to stimulate the beleaguered sector, but they have had little effect.

According to CNBC, November sales from China’s top 100 developers declined 36 percent over 2024, and were down 19 percent through the first 11 months of 2025 — a ‘real and concerning’ worsening.

Against that backdrop, the International Lead and Zinc Study Group (ILZSG) is predicting a 2025 zinc market surplus of 85,000 MT in 2025. It notes that during the first 10 months of the year, zinc mine production rose to 10.51 million MT, up from 9.87 million MT in 2024. Refined zinc production was also up, rising slightly to 11.52 million MT from 11.12 million MT in the same period last year. Zinc demand reached 11.44 million MT, up from 11.19 million MT in 2024.

Despite the oversupply situation, London Metal Exchange (LME) stockpiles fell from 230,325 MT on January 2 to just 33,825 MT on November 1. The gap has since widened again, reaching 52,025 MT on November 28.

Zinc surplus expected in 2026

Oversupply is likely to persist as newly mined metals enter the market, while demand growth remains modest.

The ILZSG is predicting that global refined zinc demand will increase by 1 percent to 13.86 million MT in 2026.

The group notes that while it anticipates sees Chinese demand posting a 1.3 percent gain in 2025, it believes usage from the country will be flat in 2026 as the slump in the Chinese real estate sector persists into 2027.

Additional challenges are arising from a slowdown in the US housing market, as new buyers face high home prices and elevated mortgage rates. However, policy proposals from the Trump administration on December 17 could give the sector a much-needed boost and potentially increase downstream demand for zinc.

Likewise, European zinc demand is likely to grow next year following predicted 0.7 percent growth in 2025.

However, the ILZSG is predicting a more significant upward trend in zinc mine supply in 2026 — the organization is anticipating that output will increase by 2.4 percent to 12.8 million MT. This will come on the back of higher output from existing operations in Europe, Australia, Brazil, the Democratic Republic of Congo and China.

Additional zinc supply will come from a recent restart at the Almina-Minas Aljustrel mine in Portugal, commissioning of Bunker Hill Mining’s (CSE:BNKR,OTCQB:BHLL) namesake mine in Idaho, and the start of commercial production at the Xinjiang Huoshaoyun mine in China, which will be the sixth largest lead-zinc mine in the world.

Refined zinc output is also expected to increase by 2.4 percent in 2026, reaching 14.13 million MT from the anticipated 13.8 million MT in 2025. The higher levels are owed to the greater availability of concentrates in Brazil, Canada, Norway and China. Overall, the ILZSG predicts a global zinc supply surplus of 271,000 MT in 2026.

Zinc price forecast for 2026

In terms of the zinc price in 2026, a December report from Fastmarkets suggests that upward momentum from the 2025 LME average of US$3,218 is expected to continue through the first half of the year.

The firm points to regional disparities as Chinese production runs at a surplus, while the rest of the world falls short.

However, the expectation is that the zinc market will achieve a better balance in the second half of the year and into 2027 as global surpluses begin to emerge. Zinc prices are then seen declining as a result.

For its part, Morgan Stanley (NYSE:MS) recently revised its zinc price outlook for 2026, calling for a yearly average of US$2,900 for the base metal, as per a mid-December Reuters article.

Additionally, according to a November Argus report, long-term zinc contracts have slowed amid low LME inventories, creating near-term uncertainty and driving prices higher.

Argus suggests that manufacturers have been slow to issue sales orders, which has caused uncertainty among producers, leaving them to take a wait-and-see approach to determine if low inventories persist.

It’s also important to note that zinc is listed as a critical mineral in the US for its use in the production of galvanized steel for infrastructure and defense projects. The US has already given South32’s (ASX:S32,OTC Pink:SHTLF) Hermosa project FAST-41 approval, giving it access to streamlined regulatory processes.

With building regional disparities and a tense relationship between the US and China, the world’s top zinc producer, a deteriorating trade status could be a boon for US and western producers of the metal.

However, as long as refined supply of zinc remains in surplus against a backdrop of weak demand growth, investors can expect more of the same from zinc markets in the near term. This may open up opportunities for patient or less risk-averse investors who are willing to take a wait-and-see approach to how the market evolves.

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

This post appeared first on investingnews.com

To kick it off, our team asked nine experts to share their highest-conviction sectors.

Here’s what they had to say.

1. John Rubino — Silver

2. Peter Schiff — Silver, mining stocks

Peter Schiff of Euro Pacific Asset Management and Schiff Gold mentioned silver too, although he also said he sees mining stocks overall doing well.

3. Craig Hemke — Silver-mining stocks

Similarly, Craig Hemke of TFMetalsReport.com is bullish on silver, but said his choice for top-performing asset of 2026 would be silver-mining stocks.

4. Byron King — Gold

5. Chris Temple — Uranium

6. Lobo Tiggre — Copper

7. Rick Rule — Oil/gas, small-scale community banks in the US

Unsurprisingly, Rick Rule of Rule Investment Media went outside the box.

8. Gareth Soloway — ‘Defensive names’ like Pfizer (NYSE:PFE)

Gareth Soloway of VerifiedInvesting.com also had an alternate take. Although he believes gold will perform well in 2026, he said it won’t necessarily be the top-performing asset.

9. Clem Chambers — Intel (NASDAQ:INTC)

Finally, Clem Chambers of aNewFN.com spoke about why he sees promise in Intel.

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

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