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The Government of Ontario, Canada, announced on Tuesday (January 13) that it was accelerating permitting and development on Canada Nickel Company’s (TSXV:CNC,OTCQX:CNIKF) Crawford nickel project near Timmins, as part of its “One Project, One Process” framework.

The designation will help the project attract C$5 billion in investment funding to develop the mine and a nickel processing plant that will provide materials for the stainless steel and electric vehicle markets.

Once complete, the mine will create 1,300 jobs and support an additional 3,000 workers throughout the community and supply chain.

On the international stage, Canadian representatives, including Prime Minister Mark Carney, travelled to China this week for a four-day visit in hopes of improving relations between the two countries.

Among the results of the visit was a softening of tariffs on Chinese electric vehicles entering Canada. Under the new terms, Chinese companies will be allowed to sell up to 49,000 automobiles per year in Canada at a 6.1 percent tariff. In exchange, China has loosened its tariffs on Canadian canola to 15 percent, and removed all tariffs on canola meal, lobsters, crab and peas.

Additionally, the Canadian government announced on Friday (January 16) that it had reaffirmed a memorandum of understanding with China’s National Energy Administration. The MoU sees both countries strengthen cooperation over energy initiatives and advance dialogue over the energy transition; conventional, clean and nuclear energy; and uranium resources.

South of the border, on Sunday (January 11) US Federal Reserve Chair Jerome Powell issued a rare statement on his relationship with the Trump administration when he revealed that he had received subpoenas from the Department of Justice.

According to his remarks, US Attorney and Trump appointee Jeanine Pirro had opened an investigation into Powell’s oversight of the Federal Reserve’s building renovation project.

Although no charges have been laid, the investigation illustrates a deepening rift between the Fed Chairman and the Trump administration. Powell said he believes the investigation is related to the administration’s frustration over what it claims is a slow pace of interest rate cuts.

The president has previously stated his desire to replace Powell as the Fed’s chair, but because the Fed is independent, he can only do so with the support of Congress. While Powell’s term as chairman ends in May, his term as a Fed governor doesn’t end until January 2028, which may stymie Trump’s plan to gain greater control over the agency and its policy direction.

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

Markets and commodities react

Canadian equity markets were on the rise this week.

The S&P/TSX Composite Index (INDEXTSI:OSPTX) gained 1.8 percent over the week to close Friday at 33,040.55, while the S&P/TSX Venture Composite Index (INDEXTSI:JX) fared even better, rising 4.28 percent to 1,091.13. The CSE Composite Index (CSE:CSECOMP) also gained ground, rising 2.61 percent to close at 188.29.

The gold price continued to trade at all-time highs this week, reaching US$4,639 per ounce amid heightened tensions in the Middle East over protests in Iran and as the US contemplated military involvement. Overall, it gained 2.32 percent during the week, closing the week at US$4,582.81 per ounce on Friday at 4:00 p.m. EST.

The silver price performed even stronger, trading above US$93 per ounce on Wednesday at new highs. Although the price pulled back slightly by the end of the week, it still posted a weekly gain of 16.08 percent, closing Friday at US$89.36.

In base metals, the Comex copper price recorded a 2 percent drop this week to US$5.88.

The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) rose 1.45 percent to end Friday at 562.91.

Top Canadian mining stocks this week

How did mining stocks perform against this backdrop?

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

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

1. Homeland Nickel (TSXV:SHL)

Weekly gain: 135.71 percent
Market cap: C$65.57 million
Share price: C$0.33

Homeland Nickel has a portfolio of nickel projects in Oregon, US: Red Flat, Cleopatra, Eight Dollar Mountain and Shamrock.

In addition, the company holds investments in mining companies with nickel projects, including Benton Resources (TSXV:BEX,OTCPL:BNTRF), Canada Nickel Company and Noble Mineral Exploration (TSXV:NOB,OTCQB:NLPXF).

Shares in Homeland surged this week following news on Tuesday that Canada Nickel’s Crawford project in Ontario was selected for the province’s “One Project, One Process” review framework, which will allow for an accelerated timetable for permitting and development of the asset.

Canada Nickel is Homeland’s top investment, holding 742,095 shares valued at C$1.08 million.

Homeland did not release news of its own this week, but its share price has also been supported by rising nickel prices, which climbed from a low of US$14,255 per metric ton in the middle of December to as high as US$18,785 on Wednesday.

2. Eskay Mining (TSXV:ESK)

Weekly gain: 89.66 percent
Market cap: C$108.21 million
Share price: C$0.55

Eskay Mining is an exploration company advancing its namesake project in the Golden Triangle region of British Columbia, Canada.

The property located in the province’s northwest sits on a land package of 130,000 acres, and hosts several gold and silver volcanogenic massive sulfide and magmatic nickel, copper and platinum group metals targets.

Final assay results from its summer 2025 sampling program at the site were released on November 7. The company said the batch consisted of 121 rock chip and channel samples, with 11 returning grades over 20 g/t gold and 31 with grades over 1 g/t.

At the time, the company said mineralization bears similarities to discoveries at Goliath Resources’ (TSXV:GOT,OTCQB:GOTRF) Surebet and Juggernaut Exploration’s (TSXV:JUGR,OTCPL:JUGRF) Big One projects. Eskay added that it can see a path to a maiden drill program in 2026.

The most recent news from Eskay came on Monday when it announced that Clinton Smyth had been hired as the company’s chief geologist for its 2026 exploration program. Smyth has spent 25 years in the industry working for Anglo American (LSE:AAL,OTCQX:NGLOY) and Minorco.

3. Batero Gold (TSXV:BAT)

Weekly gain: 86.36 percent
Market cap: C$23.61 million
Share price: C$0.205

Batero Gold is an exploration company focused on advancing its Quinchia project in the Department of Risaralda, Colombia.

The property is composed of one tenement covering 1,407 hectares, with an additional 155 hectare concession under application. A September 2022 mineral resource estimate was included in its management discussion and analysis for the year ending August 2025.

Across three zones, the project’s La Cumbre deposit hosts a contained measured and indicated resource of 2.2 million ounces of gold and 6.43 million ounces of silver from 51.73 million metric tons of ore with average grades of 0.5 g/t gold and 1.47 g/t silver.

The company has not released news in the past week, but its share price has surged amid significant gains in precious metals prices since the start of 2026.

4. Auric Minerals (CSE:AUMC)

Weekly gain: 82.14 percent
Market cap: C$11.22 million
Share price: C$0.51

Auric Minerals is a uranium exploration company focused on its Route 500 and Bub properties in Newfoundland and Labrador, Canada.

The projects are both located in Labrador’s Central Mineral Belt, with Route 500 consisting of 441 mineral claims across 11,025 hectares and Bub consisting of 318 claims across 7,949 hectares.

The more advanced Route 500 project hosts surface showings with high-grade uranium mineralization, while Bub includes strong radiometric anomalies covering 30 square kilometers and 20 square kilometers.

Auric announced on December 31 that it had acquired a 100 percent interest in the English Lake, Otter Lake and Kan projects, all located in Labrador, in exchange for 22 million common shares at C$0.315 per share, 8 million warrants, cash payments of C$32,000 and a 2.5 percent net smelter return.

According to the same release, the company also amended its option agreements for the Route 500, Bub and Portage properties deal to waive its additional obligations, including future cash payments, share issuances, and exploration expenditures, in exchange for 500,000 shares to each of the optioners for a total of 1.5 million shares.

On January 8, Auric officially acquired 100 percent of the three properties after issuing the shares.

5. Patagonia Gold (TSXV:PGDC)

Weekly gain: 80.22 percent
Market cap: C$432.5 million
Share price: C$0.82

Patagonia Gold is a precious metals production and development company primarily focused on advancing its Cap-Oeste and Calcatreu underground projects in Argentina.

Located in Santa Cruz province, Cap-Oeste hosted open-pit mining operations until 2018. While Patagonia is working on the exploration and development of the underground resource at the site, it has been able to recover gold and silver from residual leaching on site.

According to the company’s website, a 2018 mineral resource estimate for Cap-Oeste reported measured and indicated values of 704,300 ounces of gold and 21.43 million ounces of silver from 10.56 million metric tons of ore with average grades of 2.07 grams per metric ton (g/t) gold and 63.2 g/t silver.

Its Calcatreu project, located in the Rio Negro province, is currently under construction. Calcatreu hosts a measured and indicated resource of 669,000 ounces of gold and 6.28 million ounces of silver from 9.84 million metric tons of ore, with average grades of 2.11 g/t gold and 19.8 g/t silver.

The most recent news from the company came on Thursday when it provided an update on construction activities at Calcatreu, which it has resumed following a holiday break.

In the announcement, Patagonia said it has extracted and stockpiled 40,000 metric tons of mineralized material from the Veta 49 pit. Of the material, the company said that 5,200 metric tons are expected to be stacked on the leach pad following electric leak detection tests later in January.

Additionally, Patagonia expects the carbon-in-column circuit construction will also be completed in January. After stockpiled material begins being leached and processed, the metal doré product will be sent to Canada to be refined in Ontario.

Patagonia expects to release an updated technical report for the project during the second quarter of the year.

FAQs for Canadian mining stocks

What is the difference between the TSX and TSXV?

The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

How many mining companies are listed on the TSX and TSXV?

As of May 2025, there were 1,565 companies listed on the TSXV, 910 of which were mining companies. Comparatively, the TSX was home to 1,899 companies, with 181 of those being mining companies.

Together, the TSX and TSXV host around 40 percent of the world’s public mining companies.

How much does it cost to list on the TSXV?

There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

How do you trade on the TSXV?

Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.

Article by Dean Belder; FAQs by Lauren Kelly.

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

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

This post appeared first on investingnews.com

Gold and silver are wrapping up yet another record-setting week that’s seen economic uncertainty and geopolitical tensions combine to push prices upward.

The yellow metal moved decisively through US$4,600 per ounce on Monday (January 12), trading above that level for a decent amount of the week.

For its part, silver reached what’s perhaps an even more impressive price milestone, surging past US$90 per ounce and breaking US$93 on Wednesday (January 14).

At this point, there’s a very long list of factors providing support for the precious metals, and we don’t have time to touch on all of them today. Instead let’s take a look at a few that have been making headlines over the past week or so and break them down.

First, there’s the latest news in the clash between US President Donald Trump and Federal Reserve Chair Jerome Powell. On Sunday (January 11), Powell said that two days earlier, the Department of Justice had served the Fed with grand jury subpoenas threatening a criminal indictment.

I had the chance to speak with Mario Innecco, who runs the @maneco64 channel on YouTube, not long after Powell’s statement — here’s how he summed it up:

‘They’ve subpoenaed documents, and it’s supposed to be related to the renovation of the Fed’s headquarters in Washington, DC. But Jay Powell came out and said it’s not, it’s basically because they want him to cut rates.

‘And he’s probably right. I think they’re using any kind of, let’s say tricks, to try to get rid of him, because I think the administration, even though they talk about how the economy is doing so great, they are desperate.’

Trump himself has said he had no knowledge of the investigation, and has also asserted that he’s not interested in firing Powell, whose term as Fed chair wraps up in May.

Nevertheless, the situation has reignited concerns about Fed independence, and has provided support for gold and silver, which tend to fare better when rates are lower. The next Fed chair, who has not yet been appointed, is widely expected to fall in line with Trump.

In addition to that, geopolitical tensions have remained high. Venezuela is still in the spotlight after its former president was removed by the US last week, and this week Trump warned that the US would intervene in Iran if its executions of anti-government protesters did not stop.

Iran responded by saying it would strike US bases if that happened.

Those events and others are boosting safe-haven demand for gold, as well as silver, but I want to hone in on a couple more points on the silver side that I think are worth looking at.

One of those is the news that the US plans to hold off on new critical minerals tariffs after receiving the results of a Section 232 investigation launched last year.

While a presidential proclamation states that imports of processed critical minerals and their derivative products do constitute a national security risk for the US, the country will first take steps such as negotiating supply agreements with other nations.

Silver was recently designated a critical mineral in the US, and some market watchers believe this news out of the US was responsible for a midweek price dip for the white metal. However, others continue to highlight silver’s deeper underlying drivers.

I heard recently from Andy Schectman of Miles Franklin, who emphasized that a key element supporting silver right now is the fact that more and more entities are standing for physical delivery.

Here’s how he explained what he’s seeing:

‘For years I’ve been saying … that the most well-informed, well-funded traders — and I’ll highlight well informed, that being the central banks — have been standing for delivery since 2020. Very unusual, because really no one ever stood for delivery. And this started to accelerate. But all along, the US was not part of this game. We were seeing it in the Global South with the BRICs. And now all of a sudden we are seeing the most well-informed traders in North America stand for delivery in massive amounts.’

Gold ended the week just below US$4,600, while silver was slightly above US$90.

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

This post appeared first on investingnews.com

Hunter Biden’s ex has reopened a 2019 paternity suit in Arkansas, alleging that the former first son hasn’t followed through on his child support obligations and claiming he ‘ghosted’ their daughter, Navy Joan Roberts.  

Lawyers for Lunden Roberts wrote in the new motion filed Tuesday that, in getting his child support payments reduced, Biden had agreed to give their daughter a ‘specified number of paintings he had created and that she had selected,’ court documents obtained by Fox News Digital said.

Lunden said the agreement was made because the paintings might carry monetary value due to his fame, and she considered it a way for him to bond with his daughter over their shared love of art.

When Roberts ‘gave Mr. Biden artwork by the parties’ daughter that the child had specifically created for her father’ after showing up unannounced at a past deposition, the ‘simple, pure act of love brought Mr. Biden to tears and was the sui generis of his idea for he and [his daughter] to ‘bond over [their] shared love of art,” the documents claimed.

That arrangement brought her family ‘joy’ because her daughter had ‘desperately longed for, talked about, and dreamed of a relationship with her father,’ the motion claimed.

His daughter had even allegedly said she ‘‘could not wait to get to heaven’ so she could ‘be with [her] dad’ because her dad does not see or talk to her because her dad ‘lives far away and is really busy’.’

Biden and his daughter began to bond, the motion claimed, but he quickly ‘ghosted’ her after Roberts wrote a memoir in 2024 about her relationship with him, but she didn’t ‘disparage’ him in it. 

She now believes his sentiment was for the purpose of getting his child support payments lowered.

Despite getting upset at a wedding when she realized ‘that her dad would not walk her down the aisle or dance with her at her own wedding reception,’ the motion claimed that Biden’s daughter is ‘grateful’ for how much he loves her half-brother, Beau Biden, Jr., whom Biden shares with his current wife.

He also shares three older children with his first wife. 

The little girl has even ‘defended the reputation of her grandfather, former President Joe Biden, against bullies,’ the motion claimed.

‘Ms. Roberts has reached out to Mr. Biden numerous times about [their daughter] asking to speak with him, but the defendant, in classic, classless form, refuses to respond,’ the documents said.

And while Biden has given her some paintings, the motion claims that his daughter hasn’t been able to pick out any herself, which was allegedly part of the child support agreement.

The motion urged the court to force Biden to ‘communicate with his child’ and to jail him ‘as a civil penalty until he purges his contempt by complying with this court’s orders.’

Her lawyers noted that Biden’s four other children live a lifestyle ‘above that of the average American,’ including their daughter.

‘It is axiomatic that no one can force Mr. Biden into being a good dad for [his daughter], but this court can make it so that [his daughter] has, at least, the same level of support as [her] younger half-brother,’ the motion added.

Biden first denied he was Navy’s father until a court ordered him to take a paternity test in 2019.

The 55-year-old was also convicted in a felony gun case last year for illegally owning a gun while using drugs, but he was pardoned by his father before he left office.

Fox News Digital has reached out to Biden’s lawyer for comment. 

This post appeared first on FOX NEWS

President Donald Trump signaled why he’s held off on military strikes on Iran amid nationwide protests after claiming the country had canceled executions for hundreds of Iranians. 

When asked if Arab and Israeli officials ‘convinced’ him to not strike Iran, Trump told reporters Friday he convinced himself and cited the canceled hangings. Trump also expressed similar sentiments on social media Friday. 

‘I greatly respect the fact that all scheduled hangings, which were to take place yesterday (Over 800 of them), have been cancelled by the leadership of Iran. Thank you!’ Trump said in a post on Truth Social Friday. 

The statement echoes what White House press secretary Karoline Leavitt told reporters Thursday about the canceled executions. She maintained that all options remained on the table when it comes to dealing with Iran.

‘What I will say with respect to Iran is that the president and his team have communicated to the Iranian regime that if the killing continues, there will be grave consequences,’ Leavitt told reporters Thursday. 

‘And the president received a message as he revealed to all of you and the whole world yesterday that the killing and the executions will stop. And the president understands today that 800 executions that were scheduled and supposed to take place yesterday were halted.’ 

It’s unclear from Trump’s post if he was referring to the 800 executions that were already canceled or whether there have been two consecutive days when 800 executions have been called off. 

The White House did not immediately respond to a request for comment from Fox News Digital on how many executions have been canceled or whether military strikes are completely off the table now. 

Fox News Digital reached out to a spokesperson for the Islamic Republic of Iran’s permanent mission to the United Nations for additional comment but did not immediately receive a reply.

Protests broke out across Iran in December 2025 in response to the country’s economic hardships as well as a referendum against Iran’s theocratic regime.

More than 2,000 people — including at least nine children — have died in the recent protests, the U.S.-based Human Rights Activists News Agency reported Tuesday. 

The Associated Press contributed to this report. 

This post appeared first on FOX NEWS

President Donald Trump is celebrating an increase in funding for healthcare focused particularly on rural communities across the country, a move was made possible by cutting ‘waste, fraud and abuse from Medicaid.’

‘As part of the Great Big Beautiful Bill, we’ve increased … funding for the healthcare by an unprecedented $50 billion. That’s rural healthcare. Nobody thought that was going to happen,’ Trump said during a roundtable Friday.

The One Big Beautiful Bill Act directs half of the rural health funding to be distributed evenly among all 50 states, with the remaining funds allocated based on state-specific factors, including the condition of rural hospitals.

‘We increased funding for rural health care by an unprecedented, record-setting $50 billion over five years, which will benefit Americans in all 50 states, and this was made possible by cutting massive waste, fraud and abuse from Medicaid and reinvesting those funds to revitalize hospitals in our cherished rural communities,’ he added.

The roundtable, which included Health and Human Services Secretary Robert F. Kennedy Jr., Agriculture Secretary Brooke Rollins and Centers for Medicare & Medicaid Services Administrator Mehmet Oz, was aimed at promoting the Trump administration’s Great Healthcare Plan, which was announced during a White House press briefing Thursday.

Some have described the proposal as an effort by Trump to shape Republican messaging ahead of the 2026 midterm elections as the party tries to hold onto its slim majorities in the House and Senate.

In its fact sheet on the plan, the White House highlighted several main points, including lowering drug prices, lowering insurance premiums, holding insurance companies accountable and maximizing price transparency. Trump touched on several of the elements of the plan during the roundtable and said that hospitals that accept Medicaid and Medicare will be required to prominently post prices so that patients are aware of the cost of their care.

During the roundtable Friday, Trump implored Congress to enact the Great Healthcare Plan, but the president said he was confident Republicans would back it.

This post appeared first on FOX NEWS

Venezuelan opposition leader María Corina Machado on Friday issued a warning to the Trump administration that interim Venezuela President Delcy Rodríguez does not represent the views of the people.

‘I want to insist on this: Delcy Rodriguez, yes, she’s a communist. She’s the main ally and representation of the Russian regime, the Chinese and the Iranians, but that’s not the Venezuelan people and that’s not the armed forces, as well,’ Machado said while addressing a crowd at an event organized by the Heritage Foundation. 

Machado said that the situation was complex as allies of Nicolás Maduro continued to do ‘dirty work’ after his capture by the U.S. on Jan. 3. However, the opposition leader said that she is ‘profoundly confident’ that there will be an orderly transition of power.

‘This is a complex place we are right now. Some of the dirty work is being done by them, but then the result of a stable transition will be a proud Venezuela, who is going to be the best ally the United States has ever had in the Americas,’ she said.

The opposition leader’s comments came amid reports that CIA Director John Ratcliffe met with Rodriguez in Caracas.

Ratcliffe and Rodriguez reportedly discussed intelligence cooperation, economic stability and the need to ensure that Venezuela would no longer be a ‘safe haven for America’s adversaries.’ 

On Wednesday, Rodriguez, a Maduro ally who served as his vice president, announced that the government would continue the release of political prisoners detained under Maduro in an initiative she touted as a ‘new political moment,’ according to The Associated Press.

Just days before Rodriguez made the announcement, the interim government freed at least four U.S. citizens detained in Venezuela, marking the first known release of American prisoners since Maduro was ousted in a U.S. military operation earlier this month.

While speaking at the Heritage Foundation event, the opposition leader vowed that Venezuela would become ‘the best ally the United States has ever had in the Americas.’ Machado said that she believes Venezuelans are cohesive and joined by shared values but have been forced by the regime to make difficult choices and suffer severe hardships.

Following the capture of Maduro on Jan. 3, President Donald Trump said that the U.S. would ‘run’ Venezuela temporarily, though he did not detail further plans regarding transfers of power.

Trump, who met with Machado on Thursday, has yet to back the opposition leader and has even expressed doubts about the amount of support she has among the people of Venezuela. Despite not having his clear support, Machado praised Trump and emphasized the critical role that he and his administration would play in the future of Venezuela.

‘The only thing I want to assure the Venezuelans people is that Venezuela is going to be free and that’s going to be achieved with the support of the people of the United States and the president, Donald Trump of the United States,’ Machado told the crowd at the Heritage Foundation event.

She also commented early in her remarks that the Venezuelan people were grateful for Trump and his team’s historic mission to capture Maduro. Machado said that it ‘took a lot of courage’ to pull off the operation.

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The US and Taiwan have signed a trade and investment agreement aimed at reshoring semiconductor manufacturing and reinforcing US control over one of the world’s most strategic industries.

According to a Thursday (January 15) White House fact sheet, Taiwanese semiconductor and technology companies have committed to at least US$250 billion in new direct investment in the US, with an additional US$250 billion in credit guarantees to support expansion across the semiconductor ecosystem.

Both also plan to develop large industrial clusters and technology parks on US soil to anchor next-generation semiconductor manufacturing and advanced research.

Taiwan, for its part, will facilitate greater US investment into its own semiconductor, artificial intelligence, defense technology, telecommunications and biotechnology sectors to expand market access for American firms.

The trade framework also introduces a more structured tariff regime.

Reciprocal tariffs on Taiwanese goods will be capped at 15 percent, while certain products such as generic pharmaceuticals, aircraft components and unavailable natural resources will face zero-percent reciprocal tariffs.

Existing Section 232 duties on Taiwanese auto parts, timber and related products will likewise be capped at 15 percent.

Semiconductors occupy a special place in the agreement. Taiwanese chipmakers that invest in new US production capacity will be granted significant flexibility to import chips during construction without incurring Section 232 duties.

In addition, companies building new facilities may import up to 2.5 times their planned US capacity duty-free during construction, and up to 1.5 times their new domestic output after projects are completed.

US officials framed the agreement as a decisive step toward reversing decades of offshoring that hollowed out domestic chipmaking capacity. The country’s share of global wafer fabrication has fallen from 37 percent in 1990 to less than 10 percent in 2024, leaving American manufacturers heavily dependent on East Asian supply chains.

The deal comes just days after Trump formally imposed a 25 percent tariff on “certain advanced computing chips,” including NVIDIA’s (NASDAQ:NVDA) H200 and Advanced Micro Devices’ (NASDAQ:AMD) MI325X processors, citing national security concerns under Section 232 of the Trade Expansion Act of 1962.

Chips imported to support the buildout of US technology supply chains, however, will be exempt.

The White House has also warned that broader semiconductor tariffs could follow. Trump has previously said companies that commit to domestic production would avoid harsher levies, including a floated 100 percent tariff discussed last year.

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

This post appeared first on investingnews.com

Mining and energy companies feature prominently in the recently released OTCQX Best 50 2026 list, with seven resource-focused firms among the top 10 performers for this year’s edition.

The rankings evaluate companies based on a combination of one year total return and average daily dollar volume growth, offering investors insight into companies delivering strong performance across diverse sectors.

Below is a closer look at the seven mining companies that secured top 20 positions on the OTCQX Best 50 list for 2026, starting with the highest-ranked name on this year’s list.

1. Ucore Rare Metals (TSXV:UCU,OTCQX:UURAF)

Ucore Rare Metals claimed the top overall position on this year’s OTCQX Best 50 list.

Ucore is focused on developing downstream rare earths separation and refining infrastructure, with a particular emphasis on heavy rare earths used in permanent magnets for defense, clean energy and advanced manufacturing.

Central to that strategy is the company’s planned Strategic Metals Complex in Louisiana, US, which is being developed with backing from the Department of Defense and the state of Louisiana.

In August, Ucore moved to strengthen its future feedstock supply by signing a non-binding letter of intent with Critical Metals (NASDAQ:CRML) for a proposed 10 year offtake arrangement tied to the Tanbreez rare earths project in Southern Greenland. Deliveries will start in in 2027 or upon commercial production — whichever is later.

The company has also advanced the technical and financial foundations of its US refining plans. In mid-2025, Ucore and representatives of the defense department completed the formal project kickoff for an US$18.4 million Phase 2 award to support construction of the company’s first commercial-scale RapidSX separation system at the Louisiana site.

The Phase 2 funding focuses on demonstrating the effectiveness of Ucore’s proprietary technology in separating key rare earth elements, including dysprosium, a critical input for high-performance permanent magnets.

2. Discovery Silver (TSX:DSV,OTCQX:DSVSF)

Discovery Silver ranked third overall on this year’s OTCQX Best 50 list, capping a year marked by a major acquisition that repositioned the company as a Canada-based gold producer.

In early 2025, Discovery reached an agreement with Newmont (NYSE:NEM,ASX:NEM) to acquire the Porcupine operation in Ontario for total consideration of US$425 million. The deal represented the final phase of Newmont’s divestiture program as it streamlined its portfolio to focus on tier-one assets.

Located in Ontario’s Timmins Mining Camp, the Porcupine Complex is one of Canada’s most prolific gold-producing districts, with approximately 70 million ounces of gold produced since 1910.

The assets acquired by Discovery include the Hoyle Pond underground mine, one of North America’s highest-grade gold mines with more than 4 million ounces produced since the late 1980s.

Following completion of the acquisition, Discovery said it intends to continue both production and exploration activities across the Porcupine Complex as part of its broader growth strategy.

3. Andean Precious Metals (TSX:APM,OTCQX:ANPMF)

Andean Precious Metals placed fourth on this year’s list.

In November 2025, Andean secured a new US$40 million revolving credit facility with National Bank of Canada, enhancing its financial flexibility as it advances its strategic and operational priorities. Andean said the facility improves liquidity and provides a more efficient cost of capital compared with its previous arrangements.

Earlier in the year, the company entered into a long-term agreement with Corporación Minera de Bolivia (COMIBOL) to purchase up to 7 million tonnes of oxide ore from mining concessions located within a 250 kilometer radius of Andean’s San Bartolomé processing facility. The 10 year agreement provides Andean with a potential long-term source of feedstock, subject to economic viability under prevailing market conditions.

4. Lundin Mining (TSX:LUN,OTCPL:LUNMF)

In seventh place is Lundin Mining. In late 2025, Lundin agreed to sell its Eagle nickel-copper mine and the associated Humboldt mill in Michigan to Talon Metals (TSX:TLO,OTCID:TLOFF), consolidating its US nickel-copper assets under a single operator, while sharpeing its focus on larger-scale copper operations in Brazil and Chile.

The Eagle mine, which Lundin acquired in 2013, had been a long-running contributor to the company’s base metals portfolio. As of the third quarter of 2025, the operation had produced more than 194,000 metric tons of nickel and 185,000 metric tons of copper, generating over US$3.2 billion in revenue.

Aside from that, Lundin is advancing what it has described as a “generational” discovery at the Filo del Sol deposit in Argentina. Last May, the company released an initial mineral resource estimate for the Filo del Sol sulfide deposit, as well as updated resource estimates for the oxide portion of Filo del Sol and the nearby Josemaria deposit.

Held in a 50/50 joint venture with BHP (ASX:BHP,NYSE:BHP,LSE:BHP), the combined assets — collectively referred to as the Vicuña resource — rank among the world’s largest copper, gold and silver resources and are considered to be within the top 10 copper resources globally by size.

5. Graphite One (TSXV:GPH,OTCQX:GPHOF)

Claiming the eight spot on the OTCQX Best 50 list is Graphite One, which in November of last year confirmed the presence of rare earths at its Graphite Creek deposit, located north of Nome, Alaska. Geochemical analysis of drill core samples identified elevated levels of heavy rare earths, as well as all five principal permanent magnet rare earths.

Graphite One is currently advancing a fully integrated, US-based graphite supply chain, encompassing mining at Graphite Creek, transport through the port of Nome, and downstream processing at a planned advanced graphite and battery materials facility in Warren, Ohio. The Ohio complex is also designed to include a co-located recycling facility intended to reclaim graphite and other battery-related materials. The project has received significant federal backing, including a US$37.5 million Defense Production Act Title III grant.

6. G Mining Ventures (TSX:GMIN,OTCQX:GMINF)

G Mining Ventures placed ninth on this year’s OTCQX Best 50 list.

In 2025, shares of G Mining were added to several major equities indexes, including the NYSE Arca Gold Miners Index (INDEXNYSEGIS:GDM), the MVIS Global Junior Gold Miners Index, the S&P/TSX Composite Index (INDEXTSI:OSPTX) and the iShares MSCI Canada ETF (ARCA:EWC).

The company is anchored by the Tocantinzinho gold mine in Brazil and the Oko West gold project in Guyana. A key development came this past December, when the Guyana Geology and Mines Commission granted G Mining a 20 year mining license for its 100 percent owned Oko West project.

The mining license followed the issuance of a final environmental permit in September and the company’s formal construction decision in October. Early works that began under an interim environmental permit have continued under the final approval, allowing construction activities to progress without interruption.

7. Heliostar Metals (TSXV:HSTR,OTCQX:HSTXF)

Gold producer Heliostar Metals comes in at number 10 on the OTCQX Best 50 list.

Heliostar’s growth strategy is centered on its portfolio of Mexican assets, including two producing mines and four development-stage projects, which have become the foundation of its expansion plan. Ana Paula is its flagship development project, with a feasibility study scheduled for completion in H1 2027.

Alongside Ana Paula, Heliostar is focused on increasing production and extending mine life at its La Colorada and San Agustin operations in Mexico.

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

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CIA Director John Ratcliffe was in Venezuela’s capital of Caracas Thursday to meet with acting President Delcy Rodríguez and other top officials, a U.S. official told Fox News Friday. 

The meeting unfolded about two weeks after the Trump administration carried out a military operation capturing Venezuelan dictator Nicolás Maduro and his wife, Cilia Flores. 

A U.S. official told Reuters Ratcliffe met with Rodriguez under the direction of President Donald Trump ‘to deliver the message that the United States looks forward to an improved working relationship.’ 

The two discussed intelligence sharing, economic stability and the need to guarantee that Venezuela is no longer a ‘safe haven for America’s adversaries, especially narco-traffickers,’ Reuters added.

On Wednesday, Trump said he had a call with Rodríguez and later described her as a ‘terrific’ person. 

‘This morning I had a very good call with the Interim President of Venezuela, Delcy Rodríguez. We are making tremendous progress, as we help Venezuela stabilize and recover,’ Trump wrote in a post on Truth Social. 

‘Many topics were discussed, including Oil, Minerals, Trade and, of course, National Security. This partnership between the United States of America and Venezuela will be a spectacular one FOR ALL. Venezuela will soon be great and prosperous again, perhaps more so than ever before!’ 

The same day, Rodríguez announced her government will continue to release prisoners detained under the rule of Maduro in an initiative she touted as a ‘new political moment,’ according to The Associated Press. 

Fox News Digital’s Diana Stancey and Bonny Chu contributed to this report. 

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Exiled Iranian crown prince Reza Pahlavi unveiled Friday a 6-step plan to exert pressure on the regime, which he declared ‘will fall, not if, but when.’ 

‘My brave compatriots still holding the line with their broken bodies but unbreakable will, need your urgent help right now. Make no mistake, however, the Islamic Republic is close to collapse,’ Pahlavi declared.  

‘Ali Khamenei and his thugs know this. That’s why they are lashing out like a wounded animal, desperate to cling to power,’ he continued. ‘The people have not retreated. Their determination has made one thing clear. They are not merely rejecting this regime. They are demanding a credible new path forward. They have called for me to lead.’ 

Pahlavi said he has a comprehensive plan for an orderly transition and asked the international community to do six things, starting with protecting the Iranian people ‘by degrading the regime’s repressive capacity, including targeting the Islamic Revolutionary Guard leadership and its command-and-control infrastructure.’ 

‘Second, deliver and sustain maximum economic pressure on the regime, block their assets worldwide, target and dismantle their fleet of ghost [oil] tankers,’ he said. 

‘Third, break through the regime’s information blockade by enabling unrestricted internet access. Deploy Starlink and other secure communications tools widely across Iran and conduct cyber operations to disable the regime’s ability to shut down the internet. Fourth, hold the regime accountable by expelling its diplomats from your capitals and pursue legal enforcement actions against those responsible for crimes against humanity,’ Pahlavi continued. 

‘Fifth, demand the immediate release of all political prisoners. Six, prepare for a democratic transition in Iran by committing to recognize a legitimate transitional government when the moment comes,’ he concluded.

Pahlavi’s remarks came as President Donald Trump seemed to remain ambivalent about the possibility of Pahlavi taking over the country if the Islamic regime were to fall. 

‘He seems very nice, but I don’t know how he’d play within his own country,’ Trump told Reuters during an interview on Wednesday. ‘And we really aren’t up to that point yet. 

‘I don’t know whether or not his country would accept his leadership, and certainly if they would, that would be fine with me,’ he added. 

When Pahlavi was asked Friday by a reporter about how he plans to win Trump over, he said, ‘President Trump has said that it’s up to the Iranian people to decide, and I totally agree.’

‘I’ve always said it’s for the Iranian people to decide. And I think the Iranian people have already demonstrated in great numbers who it is that they want them to lead to this transition,’ he added. ‘So I’m confident that I have the support of my compatriot. And as for the international leaders to assess the fact on the ground and see who is capable of doing that. I believe I can, and I have the Iranian people’s support.’ 

Fox News Digital’s Rachel Wolf contributed to this report. 

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