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Gold’s record-setting price run continued this week, with yet another new all-time high in the books. Silver also fared well, breaking US$42 per ounce.

According to Bloomberg, gold has now also surpassed its inflation-adjusted all-time high of US$850 per ounce, which it set more than 45 years ago on January 21, 1980. The news outlet notes that at the time the US was dealing with currency issues, inflation and recession concerns.

These are problems that sound all too familiar today. This week brought the release of the latest US consumer price index (CPI) data, which shows a 0.4 percent month-on-month increase for the all-items index — that’s ahead of estimates and the most since the start of 2025.

Meanwhile, core CPI, which excludes the food and energy categories, was up 0.3 percent from July. On an annual basis, core CPI was up 3.1 percent, while overall CPI rose 2.9 percent.

US producer price index (PPI) data also came out this week.

The index, which measures costs at a wholesale level, showed an unexpected 0.1 percent month-on-month decrease for August; the result was the same for core PPI.

Attention is now shifting to the US Federal Reserve’s next meeting, which is set to run from September 16 to 17. For weeks now the central bank has been widely expected to cut interest rates, and experts believe this week’s CPI and PPI numbers support that idea.

“Today’s CPI may appear to offset yesterday’s PPI, but it wasn’t hot enough to distract the Fed from the softening jobs picture. That translates into a rate cut next week — and, likely, more to come’ — Ellen Zentner, Morgan Stanley Wealth Management

CME Group’s (NASDAQ:CME) FedWatch tool now shows odds of 93.9 percent for a 25 basis point cut, while the likelihood of a 50 basis point reduction stands at 6.1 percent.

Bullet briefing — Mining majors in mega M&A, Newmont to exit TSX

Anglo, Teck to merge in US$53 billion deal

Anglo American (LSE:AAL,OTCQX:AAUKF) and Teck Resources (TSX:TECK.A,TSX:TECK.B,NYSE:TECK) announced that they plan to merge in a US$53 billion transaction.

The new entity, which the companies say will be one of the world’s largest copper producers, will have assets in Canada, the US, Latin America and Southern Africa.

Its primary listing will be in London, but its headquarters will be in Canada — a commitment that Teck CEO Jonathan Price told BNN Bloomberg will be ‘perpetual.’ In a bid to safeguard its critical minerals sector, Canada said last year that it will only greenlight foreign takeovers of large critical minerals miners in ‘exceptional circumstances.’

The companies expect annual pre-tax synergies of about US$800 million by the end of the fourth year following the completion of the arrangement.

Experts say the zero-premium, all-share tie up is the second largest mining deal ever, and the biggest in more than a decade. It comes not long after other high-profile M&A attempts involving both companies — Teck rejected a bid from (LSE:GLEN,OTC Pink:GLCNF) in 2023, and Anglo turned down an offer from BHP (ASX:BHP,NYSE:BHP,LSE:BHP) last year.

Newmont to delist from TSX

While the Anglo-Teck deal puts Canada front and center, major miner Newmont (TSX:NGT,NYSE:NEM,ASX:NEM) is backing away from the northern nation. The company said it has applied to voluntarily delist its shares from the TSX amid low volumes.

Newmont also said the move will help boost administrative efficiency and reduce expenses. The firm has faced increasing costs since acquiring Newcrest Mining in 2023, and sources familiar with the matter recently told Bloomberg that it’s looking to lower costs by around 20 percent.

Newmont will retain its primary listing in New York, as well as listings in Australia and Papua New Guinea. Its TSX delisting is expected to be effective on September 24.

Barrick to sell Hemlo for US$1.09 billion

Also making a move away from Canada this week was Barrick Mining (TSX:ABX,NYSE:B), which has agreed to sell its Hemlo gold mine to Carcetti Capital (TSXV:CART.H) for US$1.09 billion.

Located in Ontario, Hemlo has operated for 30 years, producing over 21 million ounces of gold during that time. The sale comes as Barrick divests non-core assets and pivots toward copper.

The company put Hemlo up for sale earlier this year, and in July was rumored to be selling the operation to Discovery Silver (TSX:DSV,OTCQX:DSVSF); that deal ultimately didn’t pan out.

Carcetti will be renamed Hemlo Mining once the transaction closes, and is expected to uplist from the TSX Venture Exchange’s NEX Board. Its backers include Robert Quartermain, who is known for leading SSR Mining (TSX:SSRM,NASDAQ:SSRM) and Pretium Resources.

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

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(TheNewswire)

VANCOUVER September 12, 2025 TheNewswire – Providence Gold Mines Inc. (‘Providence’ or the ‘Company’) is pleased to announce a non brokered Unit Private Placement Financing of up to $250,000 through the issuance of 5,000,000 units oof the Company (each a ‘Unit’) the (‘Private Placement’). Each Unit will consist of one Common Share and one full Warrant exercisable for a period of two years. The Unit is priced at $0.05 for one Common Share in the Capital of the Company (a ‘Common Share’) and one nontransferable full Warrant. Each nontransferable Warrant will entitle the holder to purchase one additional Common Share at a price of $0.05 for a period of 24 months from the date of closing of the Private Placement will be subject to the approval of the TSXV.

All securities issued with respect to the Private Placement will be subject to a four month plus one day hold period from the date of issuance in accordance with applicable securities laws. Closing of the Private Placement is subject to all necessary regulatory approvals. The Company intends to issue the Units pursuant to the prospectus exemptions set out in National Instrument 45-106- Prospectus Exemptions including the accredited investor exemption and family, friends, and business associates’ exemption.

The Company intends to use funds from the net proceeds for Regulatory Fees, sampling and evaluation of the existing potential underground mineralization at the La Dama De Oro , historical ‘Ace in the Hole stope’ , located near surface, geochemical surface survey and administration

As reported previously, an NI 43 101 has been submitted to the TMX V Exchange for review and approval., The Regulators initial review determined that the submission would be treated as a Fundamental Transaction requiring additional information and the Company is responding accordingly.

Property Summary:

Permits for a Bulk Sample, Water, Road Access, Environmental, Plan of Operation, Mill Site have been approved. To date, there has not been any known drilling or modern-day Scientific exploration or identified NI 43 101 resources.

The La Dama de Oro Property is in the Silver Mountain Mining District, within the structurally complex Eastern California Shear Zone and the intersection with the San Andreas Fault Zone. Bedrock geology includes Mesozoic quartz monzonite that intrudes the Jurassic Sidewinder Volcanics. The structural history of the region implies a sequence of compressional and extensional events that reactivated favorably oriented zones of weakness for the circulation of hydrothermal fluids. The main zone of mineralization is hosted by the La Dama de Oro Fault, a shallow northeast-dipping oblique-slip fault.

The mineralization at the property is classified as a structurally controlled, low-sulfidation epithermal gold-silver vein system. Gold and silver mineralization is associated with multi-phase quartz veining, brecciation, and pervasive hydrothermal alteration along the La Dama de Oro Fault. The largest known vein is 4.5 feet at its widest point and remains open to exploration for over 6,000 feet. The gold system has robust potential not just within the La Dama de Oro vein, but as well for additional undiscovered veins along the fault system.

Ronald A. Coombes, President & CEO commented; ‘having all permits in place gives certainty to realize potential future opportunity for production at the La Dama de Oro mine .

The scientific and technical information contained in this news release has been reviewed and approved by Zachary Black, SME-RM, a Qualified Person as defined under NI 43-101. Mr. Black is a consultant and is independent of Providence Gold Mines Inc.

For more information, please contact Ronald Coombes, President, and CEO directly at

6047242369.

Ronald A. Coombes, President & CE

Phone: 604 724 2369

roombes@providencegold.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Neither the OTCQB and or the 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.

All statements, trend analysis and other information contained in this press release relative to markets about anticipated future events or results constitute forward-looking statements. All statements, other than statements of historical fact, included herein, including, without limitation, statements relating to the permitting process, future production of Providence Gold Mines, budget and timing estimates, the Company’s working capital and financing opportunities and statements regarding the exploration and mineralization potential of the Company’s properties, are forward-looking statements. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward- looking statements. Important factors that could cause actual results to differ materially from Providence Gold Mines expectations include fluctuations in commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; the need for cooperation of government agencies and native groups in the exploration and development of properties and the issuance of required permits; the need to obtain additional financing to develop properties and uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or development programs and uncertainty of meeting anticipated program milestones; and uncertainty as to timely availability of permits and other governmental approvals. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. Providence Gold Mines does not undertake any obligation to update forward-looking statements except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statement

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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Lawmakers are divided on whether to tone down heated rhetoric after conservative activist Charlie Kirk was shot and killed at Utah Valley University on Wednesday, reigniting debate over the role fiery language plays in America’s surge of political violence.

Political violence has been a steady constant in recent years, including a pair of assassination attempts against President Donald Trump in 2024 and the slaying of a Democratic state lawmaker in Minnesota earlier this year.

Kirk’s death has again reignited the discussion on what role political rhetoric, be it inside the walls of Congress or around the country, has to play in political violence in the U.S.

‘This is on all of us, right?’ Rep. Jared Moskowitz, D-Fla., told Fox News Digital. ‘I mean, you know, everyone’s been ramping up the rhetoric, right?

‘If the left is going to blame the right, and the right is going to blame the left, and we’re going to continue to say ‘It’s your fault,’ and we’re not collectively going to try to bring it down together, then this cycle is just going to continue to go on.’

And Republican leaders are hoping to turn the temperature down in Congress in the wake of Kirk’s death.

‘I’m trying to turn the temperature down around here,’ House Speaker Mike Johnson, R-La., said. ‘I always do that. I’ve been very consistent.’

Senate Majority Whip John Barrasso, R-Wyo., told Fox News Digital he believed reining in hostile or divisive rhetoric is ‘always a conversation with people in leadership.’

‘And it should be in both parties to make sure that you don’t incite this kind of an activity,’ he said.  ‘And you just don’t know somebody, and based on their mental health, what kind of activity they may — what role that may play in this. We still don’t know what’s happened here.’

Some lawmakers fear that the escalation in political violence has America returning to the violent and chaotic time of the 1960s, which saw the assassinations of civil rights leaders Dr. Martin Luther King Jr., Medgar Evers, John F. Kennedy and his brother and presidential hopeful Robert F. Kennedy, among others.

‘The message was love and not violence,’ Rep. Glenn Ivey, D-Md., said of the turmoil in the 1960s. ‘So, you know, returning to a message like that could be good, but it didn’t change the outcome of the assassinations during that era. So, I don’t know that there’s an easy answer.’

Still, emotions were running high on the Hill in the days following the shooting at Utah Valley University, which resulted in a two-day manhunt and the eventual arrest of 22-year-old Tyler Robinson.

When asked how much of a role rhetoric had to play in Kirk’s slaying, Rep. Ralph Norman, R-S.C., said, ‘A lot.’

‘You say you’re a Nazi and a fascist and a threat to democracy, how does that help? If you disagree on issues, that’s one thing, but [you’re] not saying that,’ Norman said. ‘The left is a poster child.’

Sen. Bernie Moreno, R-Ohio, told Fox News Digital he had known Kirk for a decade and noted that the late founder of Turning Point USA ‘stood for the open exchange of ideas.’

‘I think what we have to learn from that is that we need to go back to the principles that built this country, which is that it is actually a positive and healthy thing to debate ideas,’ Moreno said. ‘We don’t have to be mad at each other because we have a different point of view, let alone escalate the violence.’

But Moreno noted that for the last decade, Trump and Republicans like himself have been compared to Adolf Hitler, Nazi sympathizers and fascists, ‘which the Democrats do every single day.’

‘What’s the problem?’ Moreno said. ‘Like, you signed up for politics, you got to be able to have a thick skin. It’s not about that. It’s about that you send a message to crazy people, that says, ‘You’re actually doing a good deed if you kill somebody who would otherwise be a Nazi and a fascist who will end our democracy.”

Trump put the blame, in part, on Democrats in an address to the nation on Wednesday night, where he charged that ‘those on the radical left have compared wonderful Americans like Charlie to Nazis and the world’s worst mass murderers and criminals.’

He repeated that sentiment during an appearance on ‘Fox & Friends’ Friday morning when he was asked about radical elements on the conservative side of the aisle.

‘I’ll tell you something that’s gonna get me in trouble, but I couldn’t care less,’ Trump said. ‘The radicals on the right oftentimes are radical because they don’t want to see crime. The radicals on the left are the problem.’

When asked for his response to Trump’s address, Senate Minority Leader Chuck Schumer, D-N.Y., said, ‘This is a time that all Americans should come together and feel and mourn what happened.

‘Violence affects so many different people, so many different political persuasions,’ he said. ‘It is an infliction on America, and coming together is what we ought to be doing, not pointing fingers to blame.’

This post appeared first on FOX NEWS

On Day 5 of Ryan Routh’s federal trial, jurors heard from prosecutors who presented evidence they said connected Ryan Routh’s clothing and belongings to the alleged sniper’s nest at Trump International Golf Club during the alleged assassination attempt last year.

FBI Special Agent Jose Loureiro walked jurors through photos they argued tie Routh’s clothing to the scene. Images showed Routh in a long-sleeve pink shirt, pants and leggings. 

Prosecutors highlighted a red stain on the pants and compared it to red paint on a bag recovered at the sniper hide, suggesting a direct link between the defendant and the site. They also displayed a blue Harbor Freight flashlight recovered from the area.

Routh’s cross-examination was brief. 

‘Fortuitous that the blue flashlight with the name on it landed straight up on it?’ he asked.

‘I wouldn’t know,’ Loureiro replied. Routh asked no further questions.

Also on Friday, Lt. William Gale, commander of the Palm Beach County Sheriff’s bomb squad, testified he was monitoring radio traffic when he heard a panicked voice yell, ‘Shots fired, shots fired, shots fired!’ 

He said he crawled through hedges near the sixth hole of Trump International Golf Club and found ‘two backpacks hanging on the fence, a rifle leaning on the fence and a GoPro-type camera zip-tied to the fence.’ 

On the ground nearby, he said, were Vienna sausages, the same brand prosecutors said they tied to a selfie Routh allegedly took hours before. Routh declined to cross-examine him.

Sgt. Kenneth Mays, a tactical officer with the sheriff’s office, also took the stand and described forcing his way into ‘pretty thick’ brush and finding a rifle and bags clipped to the fence in a spot that ‘looked like someone had been in there.’ On cross-examination, Routh quizzed him on how AK-47 rifles function, repeatedly interrupting with, ‘right, right, right.

Before the lunch break, jurors also heard from FBI Special Agent Kathryn Rose, who spent about an hour on the stand. Prosecutor Maria Medetis Long walked her through a series of exhibits, including the rifle itself, which was still sealed in its evidence box and cut out with scissors, as well as the magazine, the single bullet left in the chamber, the black metal plates, two bags that had been spray-painted a different color and the GoPro-style camera. 

When Judge Aileen Cannon asked jurors if they wanted a closer look at any of the evidence, they declined. 

The day began with FBI forensic specialist Erin Casey, who guided jurors through drone footage, laser scans and animated ‘fly-through’ reconstructions of the alleged sniper nest. She testified the hideout was ‘126 feet and 10 inches from the flag on the sixth green.’ 

Routh has pleaded not guilty to federal charges, including attempted assassination of a former president, assault on a federal officer with a deadly weapon and multiple firearms offenses. U.S. prosecutors allege he plotted for months, traveled from Hawaii to Florida and positioned himself at Trump International Golf Club with a rifle chambered and ready to fire on Sept. 15, 2024.

Court was still underway Friday afternoon, with additional FBI witnesses expected. Cannon told jurors proceedings are scheduled to run until 5:30 p.m. daily. Court will resume Monday with prosecutors expected to continue calling FBI witnesses as they build their case.

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The FBI’s success in apprehending Charlie Kirk’s alleged assassin came one day after Director Kash Patel initially misreported that a suspect was in custody, a move that sparked consternation and criticism as the nation reeled over Kirk’s violent death.

Patel’s misstep during the fast-moving investigation was overshadowed Friday by the breakthrough news that a 22-year-old Utah man had been detained and will face charges for the deadly shooting. But the flaws during the whirlwind 33-hour manhunt did not go unnoticed.

Patel on Thursday announced — then quickly retracted — that authorities had detained the person responsible for killing Kirk.

Fox News’ Laura Ingraham responded ‘unreal’ to Patel’s revelation that the gunman was still at large. Conservative activist Chris Rufo said Friday he was ‘grateful’ authorities arrested a suspect but that it was ‘time for Republicans to reassess’ whether Patel was fit for the job.

‘He performed terribly in the last few days,’ Rufo wrote on social media Friday, adding that he has been talking with conservative leaders who are questioning the FBI’s leadership structure, which includes Patel, Deputy Director Dan Bongino, and, as of next week, Andrew Bailey, who is taking on the unprecedented role of FBI co-deputy director.

The backlash began after Patel said Thursday that ‘the subject for the horrific shooting today that took the life of Charlie Kirk is now in custody,’ before saying less than two hours later that he had the wrong person.

‘The subject in custody has been released after an interrogation by law enforcement,’ Patel said, adding the investigation was ongoing.

At the same time that Patel said the killer had been caught, Utah law enforcement officials were giving a news conference saying the gunman was at large, leading social media users to convey confusion over the mixed messages.

The blip during the manhunt for the person responsible for Kirk’s killing also put a spotlight on Patel’s and Bongino’s apparent fixation on social media, a point that a lawsuit against Patel and the Department of Justice laid out in thorough detail days prior.

The lawsuit was brought by three top FBI officials who alleged their constitutional rights were violated when they were fired without explanation. One of the fired officials said Patel and Bongino lamented the ‘political capital’ they had to spend to keep the official on the job, a reference to pressure Patel and Bongino were getting on social media about the official. Patel’s and Bongino’s actions were often dictated by social media comments, the lawsuit said.

Also fueling the fire was a delayed news conference on Thursday that offered little new detail as the investigation was underway. Patel appeared at the news conference but did not speak. Upon announcing the suspect’s arrest Friday morning, the FBI director gave remarks of gratitude to the agency, local law enforcement, the media and public for contributing to the arrest. Patel made clear that he had been directing the FBI behind the scenes during the past couple days.

‘Warroom’ podcast host Steve Bannon, a former Trump adviser, said on his show that he didn’t ‘know why Kash Patel flew out there, thousands of miles’ merely to thank people. Bannon suggested he wanted more details about the suspect and any possible accomplices.

At this stage, the Trump administration has shown no outward signs of wavering on Patel. Fox News Digital reached out to the White House and the FBI for comment.

The White House did not respond. One source familiar said Patel’s social media posting during the Kirk case could have been handled better but that his initial erroneous message and the surrounding criticism of it came during the ‘fog of war,’ as the investigation was rapidly evolving and emotions were high. The source said the focus should be on the success of the FBI’s operation and the ‘good police work’ involved.

A spokeswoman for Patel pointed to a statement she posted online highlighting that the FBI’s mission to identify Kirk’s assassin was a success and that Patel was intentional every step of the way.

‘Over these last few days, what has mattered isn’t ignorant criticism or petty assumptions — it’s been the pursuit of justice. Justice that was promised, justice that has now been delivered,’ spokeswoman Erica Knight said.

One retired FBI agent who worked at the bureau for two decades said Patel’s premature post seemed ‘reckless’ and ‘too quick to the draw,’ but the retired agent also said he viewed it as a problem that went beyond Patel.

‘It’s becoming a popularity contest,’ the retired agent told Fox News Digital. ‘It’s not necessarily something that’s new either, because J. Edgar Hoover was big about leveraging the press to make the FBI look good. I mean, he was notorious for that. That tradition in the bureau has continued, but now it’s sort of like that on steroids.’

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Former White House press secretary Karine Jean-Pierre told House investigators that she did not see a change in former President Joe Biden’s competency over several years, but she acknowledged that he was ‘not the same speaker he was when she met him.’

Jean-Pierre was the latest in a string of former Biden White House officials to be interviewed by House Oversight Committee investigators over an alleged cover-up of the ex-president’s mental acuity.

She did not speak to reporters on her way into the interview just off Capitol Hill, nor did she speak after the nearly five-hour, closed-door transcribed interview.

But a source familiar with the interview shared with Fox News Digital that Jean-Pierre told investigators that while working for Biden in various capacities from 2009 to 2025, ‘she did not see a change in President Biden’s competency.’

‘She did acknowledge President Biden is not the same speaker he was when she met him,’ the source noted.  ‘She does not know why his speaking changed and never asked him.’

Jean-Pierre, who is one of the most high-profile figures from the Biden administration to appear before the committee, was among those who publicly defended Biden after his June 2024 debate against then-presidential candidate Donald Trump.

During the debate, Jean-Pierre said she was told by ‘senior staff that President Biden had a cold,’ the source said.

Shortly after the debate, she told reporters at a press briefing in early July that Biden was ‘as sharp as ever.’

Jean-Pierre told investigators that talking points were entered into her binder for press briefings by ‘various advisors,’ but specifically ones related to Biden’s health and mental acuity ‘were handled exclusively at the senior level.’

She cited the ‘cheap fakes’ talking point, which at the time, Jean-Pierre charged were people online manipulating videos of Biden to mislead the public on his health and cognitive ability. She told investigators that point in particular ‘appeared as a talking point in her binder, but she does not know specifically who added it.’

She also said that she never spoke with anyone in the White House ‘personally concerned about President Biden’s health.’

Jean-Pierre began her role as White House press secretary in 2022, shortly after former White House press secretary Jen Psaki left the position, and she stayed on until the end of Biden’s presidency in January.

But her relationship with Biden-world became estranged after her departure from the Democratic Party earlier this year, which was announced in a press release for her forthcoming book, ‘Independent: A Look Inside a Broken White House, Outside the Party Lines.’

Jean-Pierre’s appearance before investigators came as House Oversight Committee Chair James Comer, R-Ky., said earlier this week that his panel’s ongoing probe into Biden’s use of an autopen was coming to its conclusion.

The focus in particular was whether top officials engaged in a cover-up of Biden’s mental and physical state in the White House, and whether any executive actions or a litany of pardons were approved via autopen without the then-president’s full awareness.

Comer said heading into the hearing that one of the questions at the top of his mind were whether ‘these pardons and executive orders [are] legal?’

‘I don’t think anyone’s going to argue that the process that was used for these autopens is the ideal process,’ Comer said. ‘And what we’ve seen with the emails that have surfaced in the last week — even the Merrick Garland Department of Justice was very concerned about how this administration was using the autopen.’

‘When people in the Department of Justice email people who they believe were the ones making the decisions on the autopen,’ he continued. ‘And asked the question via email from the Department of Justice, ‘Does the president even know who they just pardoned?’ I mean, that’s very concerning.’ 

Fox News Digital reached out to Jean-Pierre’s lawyers and Biden’s office but did not immediately receive a response.

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The horror that unfolded at Utah Valley University is still hard to process. A few minutes into a joyous meeting before thousands of people, conservative activist Charlie Kirk was gunned down in cold blood. 

As they tried to make sense of this senseless murder, the broadcast networks roughly suggested that Kirk was shot because he was ‘polarizing.’ ABC correspondent Kyra Phillips explained that Kirk was ‘known for his outspoken views on politics, culture, religion, often taking his messages to colleges and universities, sparking sometimes pretty heated debates on campus.’ 

Reporter Aaron Katersky added, ‘there were people on both sides debating whether he should even be allowed to bring his message, often loyal to the agenda of President Trump, to campus.’ White House reporter Mary Bruce doubled down: ‘It’s no secret that Kirk has said a number of controversial things over the years, in particular about DEI, Jews, women, LGBTQ community, people of color.’ 

As Kirk was bleeding out, ABC News was suggesting this was how ‘pretty heated debates’ ended on campus, and that maybe it wouldn’t have happened if Kirk’s ‘controversial’ appearance hadn’t been ‘allowed.’ 

Leftists surely found Kirk’s conservative arguments ‘polarizing’ ‘divisive,’ and ‘controversial.’ But they seem to lack any introspection inside the liberal bubbles of their ‘news’ networks. Spreading their leftist arguments on DEI or LGBTQ or abortion or Trump — often implying that dissent is unacceptably hateful — somehow never polarizes people and is somehow the opposite of controversy. How can their sweet reason be ‘controversial?’ 

By the time the Wednesday evening newscasts came on, there was an appropriate tone of horror at the shooting. But on Thursday, ‘CBS Mornings’ co-host Nate Burleson told former House Speaker Kevin McCarthy that Kirk’s speech was ‘offensive to specific communities’ and asked if Republicans needed to watch their mouths. ‘Speaking of this tragedy, is this a moment for your party to reflect on political violence? Is it a moment for us to think about the responsibility of our political leaders and their voices and what it does to the masses as they get lost in misinformation or disinformation that turns into and spills into political violence?’ 

McCarthy tried to stay on a unifying message, but Burleson’s question was ‘offensive to specific communities,’ in this case the Trump-voting half of America. Everyone who agreed with Kirk on many issues felt like this could have been the violent fate of any conservative speaker out in public, especially on ‘progressive’ campuses. 

Kirk’s alleged assassin was not a Republican. CBS didn’t wonder if the shooter had been influenced by wild leftist rhetoric from any kind of media or political figure. The rhetoric of the Left is somehow always above scrutiny. 

The morning after the murder, NPR turned to Kyle Spencer, a leftist author of a 2022 book about ‘The Untold Story About America’s Ultraconservative Youth Movement And Its Plot For Power.’ She claimed ‘Charlie really positioned himself as somebody who was supporting Whiteness, White people, White culture and the White culture of this country against what he saw as efforts that were efforts to create equity in the country and to support the disenfranchised.’ 

‘Public’ broadcasting is deeply suffused with the ‘DEI ethic’ that they must ‘center the marginalized,’ and so anyone who opposes the Black left should be marginalized as a far-right racist fringe. But they loved Black Lives Matter and their racial ‘reckoning’ in 2020. 

As news bubbled up that there were political markings on the shooter’s ammunition, on Thursday’s ‘World News Tonight’ on ABC, they took the reports of ‘anti-fascist’ and pro-transgender messaging and dumbed them down. Matt Gutman could only say law-enforcement sources found ‘a high-powered rifle wrapped in a towel, and three unspent cartridges inscribed with words and symbols. Tonight, authorities [are] working on what the markings might mean.’ 

Leftists surely found Kirk’s conservative arguments ‘polarizing’ ‘divisive,’ and ‘controversial.’ But they seem to lack any introspection inside the liberal bubbles of their ‘news’ networks. 

On Friday, authorities revealed one shell casing read: ‘Hey fascist! Catch!’ Another said ‘O bella ciao, bella ciao,’ which refers to a leftist song celebrating the end of Italian fascist dictator Benito Mussolini, but the left still uses it against the current conservative Italian Prime Minister Giorgia Meloni. 

The news networks have spent the last 10 years wildly using terms like ‘fascist’ and ‘authoritarian’ to describe not just President Donald Trump, but Republicans and conservatives in general. By contrast, the radical left ‘Antifa’ movement has largely escaped any critical scrutiny and in recent years, the media have pretended that this is some sort of kooky invention of conspiracy theorists. 

When the network newscasts casually allow Democrats to compare Trump to Adolf Hitler and suggest he and his voters are an ‘existential threat’ to democracy, they are the ones raising national tensions. Not conservatives.

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Canadian Prime Minister Mark Carney has announced the country’s first five nation-building projects.

In March and April, the Build Canada Strong platform was a cornerstone of Carney’s election campaign, which came amid increasing trade tensions between Canada and the US. Among his promises was to create a Major Projects Office (MPO) that would review projects deemed to be in the national interest.

That office was established over the summer, with a release saying it would be headquartered in Calgary and overseen by former TransAlta (TSX:TA,NYSE:TSE) and Trans Mountain CEO Dawn Farrell.

The MPO was created as part of a shift in the regulatory framework for approving infrastructure and resource projects in Canada. Part of that will involve streamlining reviews and assessments, as well as reducing duplication between the federal and provincial governments, an issue that has hindered investment in Canada over the last 20 years.

“One of many studies has shown that the regulatory requirements in Canada have increased by more than 40 percent since 2006 and that’s been suppressing investment growth by 9 percent,” Carney said on Thursday (September 11).

In his statement, the prime minister introduced the first tranche of projects, and suggested the second will be announced before the Canadian Football League’s Grey Cup match, scheduled for November 16.

He also outlined criteria for projects to be covered by the MPO. They must be in the national interest, and must strengthen Canada’s autonomy, resilience and security; they must also have clear benefits for Canadians.

The first group of projects selected by the MPO has already seen significant development.

The prime minister noted that they have already been through extensive consultation with Indigenous communities, and have worked with provincial and territorial governments to meet necessary regulatory standards.

For these, Carney said the goal is for the MPO to get them across the finish line.

“In some cases, they are in the last stages of regulatory approvals. In most cases, there is some aspect of the financing or support packages for the projects that remain to be determined,” he said.

Mining, energy projects highlighted in first tranche

Among the first five projects featured are three involving Canada’s mining and energy sectors:

        Additionally, the MPO has committed to supporting the Darlington New Nuclear Project in Clarington, Ontario. This project aims to develop the first small modular reactor in a G7 country.

        The MPO will also help speed up the expansion of the Contrecour Terminal container project at the Port of Montreal. This expansion is expected to boost shipping volumes along the St. Lawrence Seaway.

        A project that could be included in a future announcement is the Pathways Plus carbon capture project, which the prime minister said will eventually lead to further oil sands development and the construction of a pipeline to reach markets beyond the US. Additionally, Carney said the MPO is looking at upgrades to the Port of Churchill, as well as an Arctic economic and security corridor, a high-speed rail corridor between Toronto and Québec City and Wind West Atlantic Energy, which would provide wind power to the provinces on the Atlantic coast.

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

        This post appeared first on investingnews.com

        Platinum is heading for a third consecutive annual deficit in 2025, with the World Platinum Investment Council (WPIC) projecting an 850,000 ounce shortfall as demand continues to outpace weak mine supply.

        In its latest Platinum Quarterly, the WPIC states that despite a 22 percent year-on-year decline in demand, a lack of metal is expected to create a supply shortfall that’s only 13 percent lower than 2024’s 968,000 ounce shortfall.

        Its call comes amid a price breakout for platinum, which pushed past US$1,450 per ounce in July.

        Why is the platinum market in deficit?

        The biggest challenge for platinum has been weak refined production, which slipped to 1.45 million ounces during the quarter from 1.54 million ounces produced during the same time last year.

        This has led the WPIC to predict a 6 percent decrease in primary supply to 5.43 million ounces, down from the 5.76 million ounces produced in 2024. Output declines in top producer South Africa have had outsized effects on supply, as Q1 output came in at just 713,000 ounces, as heavy rainfalls negatively impacted production.

        Although output grew to 1.05 million ounces in the second quarter, it was still 8 percent lower than in Q2 2024.

        Additional decreases to output are also expected in Zimbabwe and North America, slipping 4 percent and 26 percent, respectively. However, Russia is set to see a 1 percent rise in output, increasing to 686,000 ounces from 677,000 in 2024.

        On a more positive note, recycling supply saw an increase to 423,000 ounces during Q2 from 379,000 reported in 2024. This has led the WPIC to predict a 6 percent annual increase to 1.6 million ounces from 1.52 million last year.

        The majority of this increase comes from growth in automotive recycling, aided by higher platinum group basket prices. However, the WPIC notes that despite the growth, recycling will remain depressed compared to historic levels.

        The WPIC predicts an overall supply decrease of 3 percent in 2025 to 7.03 million ounces, from 7.28 million ounces in 2024. With three years of deficits, the group is also expecting further drawdowns of above-ground stocks with a 22 percent decrease to 2.98 million ounces, representing four and a half months of demand coverage.

        In recent years, stockpiles have fallen from 5.51 million ounces in 2022 to 4.8 million ounces in 2023 and 3.83 million ounces in 2024.

        “I don’t think we’re going to see any meaningful mine supply response at these levels. It’s also worth bearing in mind that these are, for the most part, deep-level underground mines. So even if we had another 50 percent increase in the basket price, you’re still not going to see a supply response over the near to medium term,” he said.

        Watch Sterck discuss the platinum market.

        He went on to explain that development times for mining operations will take several years and wouldn’t be possible on time frames shorter than 18 months.

        “Recycling is definitely much more price elastic than mine supply over the near to medium term,” Sterck said.

        However, he added that while people tend to scrap vehicles at a consistent rate, the pace and overall supply entering the market from the auto sector is constrained.

        “Yes, we’ve seen quite a big increase in the platinum price year to date, but it’s not the main driver of the economics for those scrap aggregators and recyclers. It’s really more of a palladium story, even more so than rhodium. So, you need a sustained increase in palladium prices to drive a meaningful change there,” Sterck said.

        Demand to weaken in 2025, jewelry a bright spot

        Despite the expected deficit, the WPIC expects demand to weaken this year.

        Q2 saw automotive demand fall to 769,000 ounces, down from 788,000 ounces in the year-ago period.

        The WPIC’s expectation is that the auto sector will require 3.03 million ounces of platinum in 2025, a 3 percent decrease from the 3.11 million ounces needed in 2024. Likewise, the council is expecting a decrease in industrial demand for the metal as consumption drops off by 22 percent to 1.9 million, down from 2.42 million ounces last year.

        Jewelry demand, however, has been on the rise, with the expectation that it will increase by 11 percent to 2.23 million ounces in 2025. The WPIC suggests the higher growth is owed to its discount relative to gold, and notes that it is seeing the most substantial increase in China — fabrication is seen growing 42 percent in 2025 to 585,000 ounces.

        “What’s driving that increase has been fabrication funded by wholesalers, and they’re promoting platinum because they’ve seen a huge drop in their gold jewelry sales,” Sterck explained.

        Despite an increase in holdings of bars, coins and exchange-traded funds, overall investment demand was dragged down in Q2 by a 317,000 ounce decrease in stocks held in exchanges due to tariff-related concerns.

        Sterck said ongoing uncertainty in the platinum market earlier this year caused physical metal to shift from overseas markets into the US as traders began to worry about tariffs being applied.

        Although movement reversed as traders were told tariffs wouldn’t be applied, fears were later stoked when copper tariffs were announced, and an “ideological disconnect” between the White House and South Africa emerged.

        “Given that the current US administration has shown that it is willing to use tariffs as a kind of stick, if you like, for enacting foreign policy, you kind of come back to this sort of whole situation where there’s a non-zero chance of platinum being subject to tariffs in the US,” Sterck commented during the conversation.

        Overall, the WPIC expects total platinum demand to drop by 4 percent year-on-year in 2025 to 7.88 million ounces.

        Will the platinum price rise further in 2025?

        Fundamentals should remain the primary driver for platinum. Despite weakening demand through the first half of 2025, a structural deficit in the market still exists due to a lack of supply to close the gap.

        However, Sterck suggested the mining supply is likely to increase before the end of the year.

        “This year was particularly accentuated by flooding in South Africa during the first quarter of the year, so we do expect a bit of an increase in mining supply,” he said. However, he also noted that until there are more significant changes to the amount of supply, the price conditions aren’t likely to change much.

        “Fundamentally, at the moment, it just appears that the platinum price at current levels isn’t sufficient to attract enough metal into the market to really ease those market conditions,” Sterck noted.

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

        This post appeared first on investingnews.com

        NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

        Stallion Uranium Corp. (the ‘ Company ‘ or ‘ Stallion ‘ ) ( TSX-V: STUD ; OTCQB: STLNF ; FSE: FE0 ) is pleased to announce that under the Company’s stock option plan dated October 8, 2024 (the ‘ Plan ‘), the Company has granted a total of 3,100,000 stock options (‘ Options ‘) to certain directors, officers and consultants of the Company.

        Each Option is exercisable for one common share of the Company at an exercise price of $0.45 per share for a period of five years from the date of grant. 50% of the Options granted will vest immediately and 50% of the Options will vest in six months from the date of grant. All Options are subject to the terms of the Company’s Plan, applicable securities law hold periods and approval of the TSX Venture Exchange.

        About Stallion Uranium Corp.:

        Stallion Uranium is working to ‘Fuel the Future with Uranium’ through the exploration of roughly 1,700 sq/km in the Athabasca Basin, home to the largest high-grade uranium deposits in the world. The company, with JV partner Atha Energy holds the largest contiguous project in the Western Athabasca Basin adjacent to multiple high-grade discovery zones.

        Our leadership and advisory teams are comprised of uranium and precious metals exploration experts with the capital markets experience and the technical talent for acquiring and exploring early-stage properties. For more information visit stallionuranium.com .

        On Behalf of the Board of Stallion Uranium Corp.:

        Matthew Schwab
        CEO and Director

        Corporate Office:
        700 – 838 West Hastings Street,
        Vancouver, British Columbia,
        V6C 0A6

        T: 604-551-2360
        info@stallionuranium.com

        Neither the 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.

        This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, ‘forward-looking statements’) that relate to the Company’s current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as ‘will likely result’, ‘are expected to’, ‘expects’, ‘will continue’, ‘is anticipated’, ‘anticipates’, ‘believes’, ‘estimated’, ‘intends’, ‘plans’, ‘forecast’, ‘projection’, ‘strategy’, ‘objective’ and ‘outlook’) are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this material change report should not be unduly relied upon. These statements speak only as of the date they are made.

        Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this presentation are expressly qualified in their entirety by this cautionary statement .

        News Provided by GlobeNewswire via QuoteMedia

        This post appeared first on investingnews.com