Author

admin

Browsing

Homerun Resources (TSXV:HMR,OTC:HMRFF,FSE:5ZE) is advancing a three-phase strategy to establish itself as a leading global supplier and processor of high-purity silica, transforming this critical material into high-value products for the renewable energy and advanced materials sectors.

  • Phase 1: Secured the Belmonte Silica District and established a logistics pathway.
  • Phase 2: Advancing construction of processing facilities and solar glass production capacity.
  • Phase 3: Expanding into downstream verticals, including energy storage, perovskite solar technology, and AI-driven energy solutions.

Homerun is positioning itself across multiple high-growth industries where demand is accelerating, supply remains constrained, and pricing is strong. Brazil currently imports all of its solar glass and advanced silica components, creating a significant domestic supply gap.

Global solar glass demand is projected to grow from US$13 billion in 2024 to nearly US$197 billion by 2034 (31 percent CAGR), while high-purity quartz (HPQ) is critical to achieving the efficiency and purity standards required for advanced applications.

Supported by industrial tariffs and tax incentives in Brazil, Homerun’s **full-stack model — from silica sand through to finished solutions into downstream verticals such as energy storage, perovskite solar technology, and AI-driven energy solutions.

Company Highlights

  • Vertically Integrated Growth Model: Multiple profit centers across HPQ silica, advanced materials, solar glass and perovskite PV on glass, energy storage and AI-driven energy management solutions.
  • Flagship Resource Advantage: Exclusive 40-year leases with the government of the State of Bahia over the Santa Maria Eterna silica sand deposit in Brazil with over 63.9 Mt combined measured and inferred at >99.6 percent silicon dioxide (SiO₂) and low iron impurities, enabling direct feed into solar glass.
  • Latin America’s First Solar Glass Facility: Planned 365,000 tpa plant adjacent to the resource, supported by LOIs with Brazil’s largest solar module manufacturers and a large competitive COGS and subsequent pricing advantage over Chinese imports.
  • HPQ Processing Plant Near-Term: 120,000 tpa initial capacity for ultra-pure (>99.99 percent SiO₂) silica, with rapid scalability and low relative capex and projected ROI.
  • Breakthrough Energy Storage Partnership: Collaborating with the US Department of Energy’s NREL on a thermal energy storage system using Homerun’s silica with ancillary revenue from purified product output.
  • Government-backed Execution: MOU with Bahia State Government and Municipality of Belmonte includes a 64.5-hectare land grant, tax incentives, expedited permitting, infrastructure upgrades and workforce training.
  • Strong Financing Pipeline: Advancing funding discussions with Brazil’s development bank, innovation agency, institutional investors and announced plan for a UK main board listing.

This Homerun Resources profile is part of a paid investor education campaign.*

Click here to connect with Homerun Resources (TSXV:HMR) to receive an Investor Presentation

This post appeared first on investingnews.com

Matt Geiger, managing partner at MJG Capital Fund, shares his thoughts on the resource sector, honing in on the health of the junior miners.

In his view, after a decade of hit-or-miss performances, the best is yet to come.

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

This post appeared first on investingnews.com

The U.S. isn’t interested in open-ended funding for Ukraine amid ongoing peace talks to end the war between Russia and Ukraine, according to the White House. 

President Donald Trump, who ruled out sending U.S. troops on the ground to support Ukraine, is very ‘sensitive to the needs of the American taxpayer,’ according to White House press secretary Karoline Leavitt. 

‘He made it very clear that we’re not going to continue writing blank checks to fund a war very far away, which is why he came up with a very creative solution to have NATO purchase American weaponry, because it is the best in the world, and then to backfill the needs of the Ukrainian army and the Ukrainian people in their military,’ Leavitt told reporters Tuesday. 

‘So that’s the solution the president has come up with. We’ll continue to see that forward,’ Leavitt said. ‘As for any additional sales, I’ll have to refer you to the Department of Defense.’ 

Congress has passed several pieces of legislation to support Ukraine, totaling at least $175 billion in spending to aid it since February 2022, according to the Council on Foreign Relations.

Meanwhile, Trump approved a deal in July allowing European allies to purchase U.S. weapons, like Patriot missile defense systems, for Ukraine. 

The Trump administration’s defense budget proposal did not allocate any funding to purchase weapons for Ukraine, nor did the House defense appropriations bill passed in July. Even so, the Senate’s version of the measure that the upper chamber is slated to consider later in 2025 includes $800 million toward the program.

Leavitt’s comments echo ones made by Vice President JD Vance, who said Aug. 10 following meetings with European officials in the U.K. that he communicated to European leaders that the U.S. is ‘done with the funding of the Ukraine war business,’ and that European allies must take one greater responsibility in ending the conflict.

‘What we said to Europeans is simply, first of all, this is in your neck of the woods, this is in your back door,’ Vance said in an interview with Fox News. ‘You guys have got to step up and take a bigger role in this thing, and if you care so much about this conflict you should be willing to play a more direct and a more substantial way in funding this war yourself.’ 

On Monday, Trump met with Ukrainian President Volodymyr Zelenskyy and other European leaders at the White House, where they discussed various security measures to prevent Russian aggression against Ukraine again. However, Trump said Tuesday that sending U.S. troops to Ukraine to beef up security in the region was off the table. 

‘The president has definitively stated, U.S. boots will not be on the ground in Ukraine, but we can certainly help in the coordination and perhaps provide other means of security guarantees to our European allies,’ Leavitt said. ‘The president understands security guarantees are crucially important to ensure a lasting peace, and he has directed his national security team to coordinate with our friends in Europe, and also to continue to cooperate and discuss these matters with Ukraine and Russia as well.’ 

This post appeared first on FOX NEWS

Supreme Court Justice Amy Coney Barrett knows how to command an audience. 

This was crystallized Monday night at the Swissotel in Chicago, where she spoke for just three minutes to several hundred judges and legal professionals gathered for the Seventh Circuit Judicial Conference.

Her remarks, though short, were optimistic and warm. She urged the courts to keep their sense of ‘camaraderie and professionalism’ despite inevitable, sharp disagreements. This, she said, is ‘what enables the judicial system to work well.’ 

Barrett smiled fondly as she remembered her time on the 7th Circuit, where she served for several years prior to her nomination to the Supreme Court. She introduced the next speaker, who took the stage to another standing ovation.

And just as quickly as she entered the packed ballroom, she was gone.

As the youngest justice on the bench, Barrett’s ideology over her nearly five-term tenure on the Supreme Court has been the subject of furious speculation, and at times, just plain fury. 

Conservatives have panned her record as more moderate than that of the late Justice Antonin Scalia, for whom she once clerked. Liberals have been incensed by her reluctance to side more consistently with the court’s left-leaning justices on abortion, federal powers and other seminal cases.

Barrett’s voting record is more moderate than Scalia’s, according to a June New York Times data analysis that found she plays an ‘increasingly central role’ on the court.

Barrett used her time on Monday to implore the group of judges to maintain a sense of grace, decorum, and respect for colleagues, despite the inevitable, heated disagreements that will occur.

The warm, if somewhat lofty, sense of idealism on display is one that is expected to be echoed further in her forthcoming memoir, ‘Listening to the Law: Reflections on the Court and Constitution,’ slated for publication next month. 

The theme of Monday’s remarks, to the extent there was one, stressed working toward common goals, accepting ideological differences and embracing disagreement while keeping a broader perspective — a point echoed by Barrett and earlier speakers, who cited David Brooks repeatedly in praising purpose-driven public service.

The upside of so many hours spent in disagreement, Barrett said, is learning how to strike that balance.

‘We know how to argue well,’ she said. ‘We also know how to argue without letting it consume relationships.’

This has been especially true during Trump’s second term, as the Supreme Court presided over a record blitz of emergency appeals and orders filed by the administration and other aggrieved parties in response to the hundreds of executive orders signed in his first months in office.

The high court has ruled in Trump’s favor in the majority of emergency applications, allowing the administration to proceed with its ban on transgender service members in the military, its termination of millions of dollars in Education Department grants and its firing of probationary employees across the federal government, among many other actions.

Even so, it is Barrett who has emerged as the most-talked-about justice on the high court this term, confounding and frustrating observers as they tried and failed to predict how she would vote.

She’s been hailed as the ‘most interesting justice on the bench,’ a ‘trailblazer,’ and an iconoclast, among other things. 

But on Monday, she stressed that the commonalities among judges, both for the 7th Circuit and beyond, are far greater than what issues divide them. 

As for her own work, Barrett offered few details — her remarks began and ended in less time than it takes to microwave a burrito.

It’s unclear if, or to what extent, Barrett’s schedule may have changed at the eleventh hour — a reflection of the many demands placed on sitting Supreme Court justices, whose schedules are often subject to change or cancellation at a moment’s notice.

The 7th Circuit did not immediately respond to Fox News’s questions as to what, if anything, had changed on Barrett’s end. 

Questions swirled as she exited. Had she planned longer remarks? Was the agenda misread? Or is she saving details for her memoir and looming book tour, as one reporter suggested?

Her appearance, full of irony, left observers with more questions than answers. Whether she addresses them in the weeks ahead remains to be seen.

This post appeared first on FOX NEWS

Sen. Adam Schiff launched a legal defense fund as the California Democrat faces a federal investigation for alleged mortgage fraud and President Donald Trump repeatedly condemns him for years of allegedly promoting the ‘Russiagate’ hoax, according to a report published Tuesday. 

‘It’s clear that Donald Trump and his MAGA allies will continue weaponizing the justice process to attack Senator Schiff for holding this corrupt administration accountable,’ a spokeswoman for Schiff told the New York Times. ‘This fund will ensure he can fight back against these baseless smears while continuing to do his job.’

The legal fund, dubbed ‘Senator Schiff Legal Defense Fund,’ was filed with the Internal Revenue Service Thursday, according to the New York Times. 

Trump and Schiff have long been political foes, stretching back to the president’s first administration, when Schiff — who was serving in the U.S. House at the time — oversaw the first impeachment trial against Trump in 2020 for alleged abuse of power and obstruction of Congress, and for repeatedly promoting the narrative that Trump’s 2016 campaign colluded with Russia. 

‘Russia, Russia, Russia. Totally phony, created by Adam Schiff, Shifty Schiff, and Hillary Clinton and the whole group of them,’ Trump said from the Kennedy Center Wednesday. 

Trump was referring to recently declassified documents alleging the Obama administration ‘manufactured and politicized intelligence’ to create the narrative that Russia was attempting to influence the 2016 presidential election, despite information from the intelligence community stating otherwise. 

‘It made it very dangerous for our country because I was unable to really deal with Russia the way we should have been,’ Trump continued from the Kennedy Center, referring to Attorney General Pam Bondi. ‘And I’m looking at Pam because I hope something’s going to be done about it.’ 

Schiff also came under fire earlier in August when documents released to Congress by FBI Director Kash Patel reported that a Democratic whistleblower who worked for Democrats on the House Intelligence Committee for more than 10 years told the FBI in 2017 that Schiff allegedly approved leaking classified information on Trump that ‘would be used to indict President TRUMP.’

Schiff notably served on the Jan. 6 committee, which investigated the day in January 2021 when Trump supporters breached the U.S. Capitol, and was among lawmakers who were granted preemptive pardons on President Joe Biden’s final day in office in 2025. 

Schiff, however, had publicly condemned the prospect of Biden doling out preemptive pardons as ‘unnecessary’ and setting a bad precedent. 

‘First, those of us on the committee are very proud of the work we did. We were doing vital quintessential oversight of a violent attack on the Capitol,’ Schiff said during a media interview in December 2024. ‘So I think it’s unnecessary.’

‘But second, the precedent of giving blanket pardons, preemptive blanket pardons on the way out of an administration, I think is a precedent we don’t want to set,’ he added.

The California Democrat also is facing a federal investigation for mortgage fraud, Fox Digital previously reported. Schiff has denied any wrongdoing, claiming the matter is a ‘baseless attempt at political retribution.’

The U.S. Federal Housing Finance Agency (FHFA) sent a criminal referral to the Department of Justice in May claiming that in ‘multiple instances,’ Schiff allegedly ‘falsified bank documents and property records to acquire more favorable loan terms, impacting payments from 2003-2019 for a Potomac, Maryland-based property.’

Fox News Digital reached out to Schiff’s office and the White House for comment on the legal fund but did not immediately receive replies. 

Fox News Digital’s Brooke Singman contributed to this report. 

This post appeared first on FOX NEWS

Russia launched its largest attack of the month against Ukraine while Ukrainian President Volodymyr Zelenskyy met with U.S. President Donald Trump and European leaders at the White House.

The attack also comes after Russian President Vladimir Putin’s meeting with Trump in Alaska last Friday, during which Putin refused an immediate ceasefire and demanded that Ukraine give up its eastern Donetsk region in exchange for an end to the conflict that began with a February 2022 invasion by Moscow. Trump later said he had spoken on the phone with Putin about arrangements for a meeting between the Russian president and Zelenskyy.

Ukraine’s air force said Russia launched 270 drones and 10 missiles into Ukraine on Monday night and into Tuesday, but that 230 drones and six missiles were intercepted or suppressed. The air force reported that 40 drones and four missiles struck across 16 locations, and debris was said to have fallen on three sites.

‘While hard work to advance peace was underway in Washington, D.C. … Moscow continued to do the opposite of peace: more strikes and destruction,’ Ukrainian Foreign Minister Andrii Sybiha wrote on X. ‘This once again demonstrates how critical it is to end the killing, achieve a lasting peace, and ensure robust security guarantees.’

Energy infrastructure in the central Poltava region was a target of the strikes, according to Ukraine’s Energy Ministry. The casualty figures were not immediately released by officials.

‘As a result of the attack, large-scale fires broke out,’ the ministry said in a statement.

Oil refining and gas facilities were attacked, the ministry added, saying the strikes were the latest ‘systematic terrorist attacks against Ukraine’s energy infrastructure, which is a direct violation of international humanitarian law.’

The attack was the largest since Russia launched 309 drones and eight missiles into Ukraine on July 31, according to the air force.

Russia’s Defense Ministry said its forces shot down 23 Ukrainian drones on Monday night and into Tuesday morning.

Both sides have been targeting infrastructure, including oil facilities.

Zelenskyy had criticized Moscow for earlier strikes on Monday ahead of his meeting at the White House in which at least 14 people were killed and dozens more were injured.

‘The Russian war machine continues to destroy lives despite everything. Putin will commit demonstrative killings to maintain pressure on Ukraine and Europe, as well as to humiliate diplomatic efforts. That is precisely why we are seeking assistance to put an end to the killings,’ he wrote Monday morning on X.

Reuters contributed to this report.

This post appeared first on FOX NEWS

Director of National Intelligence (DNI) Tulsi Gabbard on Tuesday announced her office had stripped security clearances from 37 current and former intelligence officials, accusing them of politicizing and manipulating intelligence.

A DNI memo sent out on Monday included the names of officials who worked at the CIA, NSA, State Department and National Security Council, including former Obama DNI James Clapper, who Gabbard claimed told officials to ‘compromise’ normal procedures to rush a 2017 Intelligence Community Assessment related to Russia’s influence in the 2016 election.

‘Being entrusted with a security clearance is a privilege, not a right,’ Gabbard wrote in an X post. ‘Those in the Intelligence Community who betray their oath to the Constitution and put their own interests ahead of the interests of the American people have broken the sacred trust they promised to uphold.’

Notable officials on the list include Brett M. Holmgren, former Assistant Secretary of State for Intelligence and Research; Richard H. Ledgett, former NSA Deputy Director; Stephanie O’Sullivan, former Principal Deputy Director of National Intelligence; and Luke R. Hartig, former Senior Director for Counterterrorism at the National Security Council.

Also included was Yael Eisenstat, a former CIA officer and White House advisor known for her involvement in the Facebook election integrity operation.

Gabbard said the decision was made at President Donald Trump’s direction.

‘Our Intelligence Community must be committed to upholding the values and principles enshrined in the US Constitution and maintain a laser-like focus on our mission of ensuring the safety, security and freedom of the American people,’ Gabbard wrote on X.

The memo noted the revocation was effective immediately, and the officials’ access to classified systems, facilities, materials and information would be terminated.

The officials’ contracts or employment with the government are to be terminated and credentials surrendered to security officers, according to the memo.

This post appeared first on FOX NEWS

MIAMI BEACH, Fla. — Playboy plans to relocate its global headquarters from Los Angeles to Miami Beach and open a Playboy club there.

The Miami Beach headquarters at the top of a luxury office building will include studios to support Playboy’s “growing creator network” and the club will have a restaurant as well as a members-only section inspired by the Playboy Mansion in Los Angeles, the company said Thursday in a statement.

“Miami Beach is among the most dynamic and culturally influential cities in the country, making it the ideal home for Playboy’s next chapter,” Ben Kohn, CEO of Playboy Inc., said in the statement.

The first Playboy Magazine was published in 1953, featuring Marilyn Monroe on the cover and in a “Sweetheart of the Month” color nude photo inside.

The first Playboy Club opened in 1960 in Chicago, which was the headquarters of the company at the time, and the company opened up clubs around the world.

In 2020, Playboy ceased publishing its monthly print magazine, sticking instead with online content.

This post appeared first on NBC NEWS

Lyft said Thursday its co-founders, Logan Green and John Zimmer, are stepping down from the ride-hailing services provider’s board, following the completion of a two-year transition plan.

Green and Zimmer began serving as the chair and vice chair of Lyft’s board in 2023 after stepping down as CEO and president, respectively, handing the reins to David Risher, who has been a board member since 2021.

The duo founded Lyft in 2012, with the company now operating across four continents and nearly 1,000 cities.

Sean Aggarwal, who was the chair of Lyft’s board from 2019 to 2023, will reprise his role.

Zimmer is launching a new consumer-focused business venture named YES&, while Green will continue as a venture partner at Autotech Ventures, a firm investing in the mobility and transportation sector.

Lyft, which recently completed its nearly $200 million acquisition of European mobility platform FreeNow, has signed a deal with China’s Baidu 9888.HK to introduce the search-engine giant’s robotaxis in the region.

It posted revenue of $1.59 billion in the second quarter, missing estimates of $1.61 billion, according to data compiled by LSEG.

Rides on Lyft’s platform grew 14% to a record high of 234.8 million in the quarter, slightly below estimates of 235.9 million, per Visible Alpha.

This post appeared first on NBC NEWS