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Walmart has agreed to pay $10 million to settle a Federal Trade Commission civil lawsuit accusing the world’s largest retailer of ignoring warning signs that fraudsters used its money transfer services to fleece consumers out of hundreds of millions of dollars.

The settlement was filed on Friday in Chicago federal court, and requires approval by U.S. District Judge Manish Shah.

Walmart also agreed not to process money transfers it suspects are fraudulent, or help sellers and telemarketers it believes are using its services to commit fraud.

“Electronic money transfers are one of the most common ways that scammers tell consumers to send them money, because once it’s sent, it’s gone for good,” said Christopher Mufarrige, director of the FTC consumer protection bureau. “Companies that provide these services must train their employees to comply with the law and work to protect consumers.”

The Arkansas-based retailer did not admit or deny wrongdoing in agreeing to settle. Walmart did not immediately respond to requests for comment.

In its June 2022 complaint, the FTC accused Walmart of turning a blind eye to fraudsters who used its money transfer services to cash out at its stores.

Walmart acts as an agent for money transfers by companies such as MoneyGram and Western Union. Money can be hard to trace once delivered.

The FTC said fraudsters used many schemes that included impersonating Internal Revenue Service agents, impersonating family members who needed money from grandparents to avoid jail, and telling victims they won lotteries or sweepstakes but owed fees to collect their winnings.

Shah dismissed part of the FTC case last July but let the regulator pursue the remainder. Walmart appealed from that decision. Friday’s settlement would end the appeal.

This post appeared first on NBC NEWS

Apple was sued on Friday by shareholders in a proposed securities fraud class action that accused it of downplaying how long it needed to integrate advanced artificial intelligence into its Siri voice assistant, hurting iPhone sales and its stock price.

The complaint covers shareholders who suffered potentially hundreds of billions of dollars of losses in the year ending June 9, when Apple introduced several features and aesthetic improvements for its products but kept AI changes modest.

Apple did not immediately respond to requests for comment.

CEO Tim Cook, Chief Financial Officer Kevan Parekh and former CFO Luca Maestri are also defendants in the lawsuit filed in San Francisco federal court.

Shareholders led by Eric Tucker said that at its June 2024 Worldwide Developers Conference, Apple led them to believe AI would be a key driver of iPhone 16 devices, when it launched Apple Intelligence to make Siri more powerful and user-friendly. But they said the Cupertino, California-based company lacked a functional prototype of AI-based Siri features and could not reasonably believe the features would ever be ready for iPhone 16s.

Shareholders said the truth began to emerge on March 7 when Apple delayed some Siri upgrades to 2026 and continued through this year’s Worldwide Developers Conference on June 9 when Apple’s assessment of its AI progress disappointed analysts.

Apple shares have lost nearly one-fourth of their value since their Dec. 26, 2024 ,record high, wiping out approximately $900 billion of market value.

This post appeared first on NBC NEWS

A moderate House Democrat is offering rare praise for President Donald Trump after his precision strikes on Iran over the weekend.

‘Iran is governed by a regime that is hostile to the United States and allied with others that seek the destruction of America. They sponsor terrorist organizations that have killed American troops and citizens and are a source of chaos and bloodshed in the region,’ Rep. Jared Golden, D-Maine, said in a statement Monday.

‘Based on what I know so far, I believe the president was right to launch limited strikes to deter that outcome.’

He cited the International Atomic Energy Agency (IAEA) assessing that Iran was close to a nuclear weapon.

‘It is important now that the country learns what information helped inform the president’s decision and the timing of these strikes, and that we learn more about whether we were successful in destroying Iran’s nuclear program,’ Golden said.

‘But what matters most now is what happens next: Just today, Iran launched missiles at American bases in Iraq and Qatar. The top priority for the president and his administration, as well as for Congress, must be to use every tool at our disposal to defend Americans and deter further escalation by Tehran.’

Golden said he also looked forward to the House of Representatives’ expected briefing on the situation in Iran. 

The House-wide briefing is expected to occur at 3 p.m. Tuesday, House Minority Leader Hakeem Jeffries, D-N.Y., said Monday.

The Democratic response in Washington to Trump’s strikes has been largely negative, save for a handful of pro-Israel lawmakers, including Sen. John Fetterman, D-Pa.

Golden has been known to break from his own party on issues like trade, border security and national security, among other issues.

Golden won his seat in Maine’s 2nd Congressional District by less than 1% in 2024, while Trump carried the district by 10%.

When reached for comment on his statement, the White House pointed Fox News Digital to Trump’s recent Truth Social post on Iran’s attack on Al-Udeid Air Base in Qatar, which houses U.S. troops.

‘Iran has officially responded to our Obliteration of their Nuclear Facilities with a very weak response, which we expected, and have very effectively countered. There have been 14 missiles fired — 13 were knocked down, and 1 was ‘set free,’ because it was headed in a nonthreatening direction. I am pleased to report that NO Americans were harmed, and hardly any damage was done,’ Trump said.

‘Most importantly, they’ve gotten it all out of their ‘system,’ and there will, hopefully, be no further HATE. I want to thank Iran for giving us early notice, which made it possible for no lives to be lost, and nobody to be injured. Perhaps Iran can now proceed to Peace and Harmony in the Region, and I will enthusiastically encourage Israel to do the same.’

This post appeared first on FOX NEWS

Iran launched a retaliatory attack on Al-Udeid, the American airbase in Qatar on Monday, which President Donald Trump characterized as a ‘very weak response.’ 

‘Iran has officially responded to our Obliteration of their Nuclear Facilities with a very weak response, which we expected, and have very effectively countered. There have been 14 missiles fired — 13 were knocked down, and 1 was ‘set free,’ because it was headed in a nonthreatening direction,’ Trump wrote on Truth Social. 

A U.S. defense official told Fox News Digital Iran had used short-range and medium-range ballistic missiles to attack Al-Udeid base, but no casualties had been reported. 

Iran has ‘gotten it all out of their ‘system,’ and there will, hopefully, be no further HATE,’ Trump predicted, thanking Iran for giving the U.S. ‘early warning’ of the attack to minimize casualties. 

‘Perhaps Iran can now proceed to Peace and Harmony in the Region, and I will enthusiastically encourage Israel to do the same. Thank you for your attention to this matter!’

Qatar’s foreign ministry called the attack ‘brazen aggression,’ but said it had successfully intercepted Iranian missiles. 

‘The State of Qatar strongly condemns the attack that targeted Al-Udeid Air Base by the Iranian Revolutionary Guard. We consider this a flagrant violation of the sovereignty of the State of Qatar,’ spokesperson Majed Al Ansari posted on X. 

‘We reassure that Qatar’s air defenses successfully thwarted the attack and intercepted the Iranian missiles.’ 

After the strike, the U.S. embassy in Kuwait issued a security alert limiting base access to only essential personnel and the embassy in Bahrain shifted some of its employees to telework. 

Just before the attack, Iran’s President Mahmoud Pezeshkian issued a warning promising not to let Saturday’s strikes on its nuclear facilities go ‘unanswered.’ 

‘We neither initiated the war nor wanted it; but we will not leave the aggression against #GreaterIran unanswered. We will stand by the security of this #belovednation with all our being and respond to every wound on Iran’s body with faith, wisdom, and determination,’ he wrote on X. 

But Iran reportedly gave both U.S. and Qatari officials advanced notice of the attacks. It would be a strategy similar to the response to the killing of Iranian Gen. Qassem Soleimani, where Iran needed to symbolically respond without escalating the conflict beyond what it could handle. 

A spokesperson for Iran’s armed forces said its Revolutionary Guard Corps carried out the attack: ‘We warn our enemies that the era of hit and run is over.’

Kuwait, Iraq, Bahrain and the UAE all closed their airspaces amidst the attack. 

The base is home to 10,000 American forces and is the U.S.’s largest military installation in the Middle East. Located southwest of Doha, it serves as a hub for logistical operations for the U.S. mission to fight ISIS in Iraq and Syria. It also hosts Central Command’s (CENTCOM) Forward Headquarters, as well as its air forces and special operations in the region. It also has been used as a headquarters for British involvement in airstrikes against ISIS in Iraq.

President Donald Trump visited Al Udeid last month on May 15, where he inked a $1 billion military sales agreement with Doha. 

Qatar has walked a tight line between friendly relations with the U.S., through efforts to expand the base, and with Iran. Prior to the attack, Qatar suspended all flights and promised to ‘take all necessary preventive measures.’ 

The attack was not entirely unexpected – satellite images showed the U.S. moved most of its unhangered aircraft out of Al Udeid last week. 

Several explosions heard over Qatar capital, Doha: witness

Iran vowed to retaliate against the U.S. after American B-2 bombers dropped 14 bunker buster bombs on three Iranian nuclear sites. 

‘The criminal US must know that in addition to punishing its illegitimate and aggressive offspring, the hands of Islam’s fighters within the armed forces have been freed to take any action against its interests and military, and we will never back down in this regard,’ Abdolrahim Mousavi, the new chief of staff of the Iranian armed forces, warned in a statement. 

But Trump warned Iran after Saturday’s strikes on its nuclear hubs: ‘Any retaliation by Iran against the United States of America will be met with force far greater than what was witnessed tonight.’

The air base also hosts an array of military assets: B-52 strategic bombers, C-17 Globemaster transports and RC-135 Rivet Joint reconnaissance aircraft, in addition to 379th Air Expeditionary Wing’s airlift, aerial refueling, and intelligence, surveillance, and reconnaissance capabilities. 

Fox News’ Thomas Ferraro and Liz Friden contributed to this report. 

This post appeared first on FOX NEWS

House Minority Leader Hakeem Jeffries is demanding President Donald Trump and his senior officials ‘justify’ the U.S. military’s recent strikes in Iran.

‘We’ve seen no evidence to date that an offensive strike of this nature was justified under the War Powers Act or the Constitution,’ Jeffries said. 

‘But the whole reason for the Trump administration to undertake that process is to come up to Capitol Hill and convince the American people and their elected representatives in the House and in the Senate. That hasn’t happened.’

Trump officials have maintained that the strike was in compliance with the War Powers Act, which requires the White House to notify Congress within 48 hours of a military action and blocks that operation from continuing for more than 60 days without approval from lawmakers.

Jeffries claimed he had not seen ‘a scintilla of evidence to date’ that shows ‘there was an imminent threat to the United States of America.’

‘If the administration has evidence to the contrary, come up to present it. We’re not hard to find. I’m not hiding,’ he said.

The House Democratic leader said he requested a briefing Tuesday for the Gang of Eight, the informal name for the top party and intelligence leaders in Congress.

Trump green-lit airstrikes on three of Tehran’s major nuclear sites over the weekend. The president said on Truth Social Monday that the areas hit were ‘completely destroyed.’

The move has sharply divided Democrats, with some pro-Israel moderates backing Trump’s move — while several progressives like Rep. Alexandria Ocasio-Cortez, D-N.Y., have called for the president’s impeachment over the operation.

Dozens of left-wing lawmakers have gotten behind a bipartisan war powers resolution by Reps. Thomas Massie, R-Ky., and Ro Khanna, D-Calif., to limit Trump’s ability to strike Iran.

Meanwhile, Jeffries side-stepped multiple questions on those calls for impeachment during his press conference, instead reasserting his demand that Trump officials come before Congress.

‘A tool that’s on the table right now is to continue to demand that the administration present itself before the United States Congress and make the case to the American people as to why this extraordinary step has been taken. That’s step one,’ Jeffries said.

‘Step two is for the War Powers Resolution, whether that’s the one that has already been introduced or others that may subsequently be introduced, for those resolutions to be debated on the House floor, as should have occurred already. And then we’ll see where we’re at thereafter.’

Pressed again on whether he was taking calls for Trump’s impeachment seriously, Jeffries said, ‘This is a dangerous moment that we’re in, and we’ve got to get through what’s in front of us. And what’s in front of us right now is the Trump administration has a responsibility to come to Congress, justify actions for which we’ve seen no evidence to justify its offensive strength in Iran.’

When reached for comment on Jeffries’ demands for justification, the White House referred Fox News Digital to press secretary Karoline Leavitt’s comments on Fox News Monday morning.

‘The White House made calls to congressional leadership. They were bipartisan calls. In fact, Hakeem Jeffries couldn’t be reached. We tried him before the strike, and he didn’t pick up the phone, but he was briefed after, as well as [Senate Minority Leader Chuck Schumer, D-N.Y.], who was briefed prior to the strike,’ Leavitt said. 

‘We gave these calls as a courtesy, and the Democrats are lying about this, because they can’t talk about the truth of the success of that operation and the success of our United States military and the success of this president and this administration in doing something that past administrations — Democrats too — have only dreamed about.’

This post appeared first on FOX NEWS

A former Clinton-era National Security Council staffer broke with his party and heaped praise on President Donald Trump’s successful strikes on Iran over the weekend, while remarking former Vice President Kamala Harris would have likely lacked the ‘courage’ to execute such a mission if she were commander-in-chief. 

‘I am not a fan of many of Donald Trump‘s actions, but I will speak openly and honestly when he takes bold steps defending America’s interests, as he did tonight,’ Jamie Metzl, founder of the international social group One Shared World, posted to X on Saturday evening. 

Metzl served on former President Bill Clinton’s National Security Counci and was former President Joe Biden’s deputy staff director of the Senate Foreign Relations Committee, and he heaped praise on Trump repeatedly on X over the weekend, while also taking a shot at Harris’ lack of ‘courage and fortitude.’ 

‘But I’m not a blind tribalist and am perfectly comfortable praising President Trump for bold and courageous actions in support of America’s core national interests, as he took last night,’ Metzl posted to X on Sunday morning. 

‘Although I believe electing Kamala Harris would have been better for our democracy, society, and economy, as well as for helping the most vulnerable people in the United States and around the world, I also believe VP Harris would not have had the courage or fortitude to take such an essential step as the president took last night,’ he added. 

Metzl continued in his X messages that ‘Iran has been at war with the United States for 46 years,’ and was aiming to build a nuclear weapon with the intention of wielding it over the U.S and its allies. 

‘Iran has been at war with the United States for 46 years. Its regime has murdered thousands of American citizens. Its slogan ‘death to America’ was not window dressing but core ideology. It was racing toward a nuclear weapon with every intention of using it to threaten America, our allies, and the Middle East region as a whole. No actions like this come without risks, and I imagine the story will get more complicated over time, but that’s why these types of decisions are complicated,’ he wrote. 

Fox News Digital reached out to Harris’ office regarding Metzl’s post, but did not immediately receive a reply.

Metzl’s comments are among a cacophony of Democratic elected officials and traditional anti-MAGA voices who have come out to praise Trump since the successful attack on Iran, dubbed ‘Operation Midnight Hammer.’ 

‘The destruction of Iran’s nuclear program is essential to ultimate peace in the Middle East. This is not a Democratic or Republican issue — dealing with the Iranian threat is central to America’s national security. The world is safer because of the actions of our brave service members. I’m praying for the safety of our service members in the region,’ New Jersey Democratic Rep. Josh Gottheimer said in a statement over the weekend, for example.

‘As I’ve long maintained, this was the correct move by @POTUS,’ Democratic Pennsylvania Sen. John Fetterman wrote on X on Saturday. ‘Iran is the world’s leading sponsor of terrorism and cannot have nuclear capabilities. I’m grateful for and salute the finest military in the world.’ 

While New York Times columnist Bret Stephens, a frequent Trump critic, wrote in an opinion piece that Trump made a ‘courageous and correct decision that deserves respect, no matter how one feels about this president,’ while fellow Times columnist David French also said it was the ‘right decision’ on social media. 

Other Democrats and frequent Trump critics, such as New York Democratic Rep. Alexandria Ocasio-Cortez and Republican Kentucky Rep. Thomas Massie, have slammed Trump over the strikes, arguing they bypassed Congress.

Trump announced the Saturday evening strikes on Iran in a Truth Social post that was not preceded by media leaks or speculation that strikes were imminent. The unexpected social media post was followed just hours later by a brief Trump address to the nation while flanked by Secretary of Defense Pete Hegseth, Secretary of State Marco Rubio and Vice President JD Vance. 

‘A short time ago, the U.S. military carried out massive precision strikes on the three key nuclear facilities in the Iranian regime: Fordow, Natanz and Isfahan,’ Trump said from the White House late on Saturday in an address to the nation regarding the strikes. ‘Everybody heard those names for years as they built this horribly destructive enterprise. Our objective was the destruction of Iran’s nuclear enrichment capacity, and a stop to the nuclear threat posed by the world’s No. 1 state sponsor of terror. Tonight, I can report to the world that the strikes were a spectacular military success.’

The strikes ‘obliterated’ Iranian nuclear facilities and backed the nation into a corner to make a peace deal, Trump said. This mission was also celebrated by Hegseth and Chairman of the Joint Chiefs of Staff Gen. Dan Caine as one that was cloaked in secrecy and intentionally deceptive to confuse the enemy. 

‘It involved misdirection and the highest of operational security. Our B-2s went in and out of… these nuclear sites, in and out and back, without the world knowing at all,’ Hegseth said. ‘In that way, it was historic.’

The operation included the longest B-2 spirit bomber mission since 2001, the second-longest B-2 mission ever flown and the largest B-2 operational strike in U.S. history, Hegseth and Caine said during the Sunday press conference. 

Operation Midnight Hammer followed Israel launching preemptive strikes on Iran on June 12 after months of attempted and stalled nuclear negotiations and subsequent heightened concern that Iran was advancing its nuclear program. Netanyahu declared soon afterward that the strikes were necessary to ‘roll back the Iranian threat to Israel’s very survival.’

Fox News Digital’s Hannah Panreck contributed to this report.

This post appeared first on FOX NEWS

An empty base as a target, with many hours warning, and a limited number of missiles fired at some of the best air defense systems in the world. Iran’s retaliation for the US’s weekend strikes on three of its nuclear facilities can only have been designed to deescalate.

The US-run Al Udeid airbase in Qatar had been evacuated days earlier, with satellite images showing the departure of planes and personnel widely publicised in the media. It is the most important US military airbase in the region, the home of Central Command. It even launched the drone that killed Iran’s top military personality, General Qasem Soleimani, in 2020, Iranian state media said in the hours after “Operation Glad Tidings of Victory.” The Monday strike against Al-Udeid had close to zero chance of American casualties – and provided the perfect moment of quasi-absurd face-saving for Iran.

The first hint of a possible strike came when the US Embassy in Doha, Qatar, issued an emergency “shelter in place” order for US citizens. As if to remove any doubt, Qatar closed its airspace about an hour prior to the launch of what appears to have been close to a dozen missiles by Iran. Adding to the favourable conditions of the launch for Iran’s dwindling arsenal, Qatar is close enough to permit the use of shorter-range missiles, stocks of which have not been as depleted as the medium-range missiles used to hit Israel over the past week.

To pour water on anything resembling a flame, Iran’s National Security Council said moments after the attack the number of missiles fired had been “as many as the number of bombs used in the attack on Iranian nuclear facilities.” Packaging the barrage as the definition of a proportionate response, the Iranian statement went on to insist the attack posed “no dangerous aspect to our friendly and brotherly country of Qatar and its noble people.”

Tehran’s method of retaliation-without-fangs has been successfully tried and tested. After Soleimani was killed, Iran’s retaliatory missile attack against the US’s Al Asad airbase in Iraq was reportedly telegraphed to Baghdad beforehand, possibly helping reduce the level of US injury suffered to mostly concussions. Iran’s response to Israel’s assassination of Hamas leader Ismail Haniyeh in July 2024 in the heart of Tehran heavily telegraphed in advance.

“We knew they’d retaliate. They had a similar response after Soleimani,” a senior White House official said Monday night.

A playbook appears to be forming. But it is one that compounds Iran’s military weakness each time it is employed. In 2020, the Islamic Republic lost its pre-eminent military personality – an Iranian hardline hero. In 2024, it showed that valuable allies were not safe in central Tehran. This year, the regime has lost control of its own airspace to the point of previously unthinkable strikes on their prized nuclear facilities by both Israel and the US.

This is stark testament to the differing powers on display. Iran has to feign its strength in a managed presentation of restrained and muted anger. The US and Israel get to break taboos daily, shattering Iran’s long-held position as a regional power in under ten days, and perhaps ending its ambitions to be a nuclear power.

There is now only one real red line left for the United States or Israel to cross, and that is to directly target Iran’s Supreme Leader Ayatollah Ali Khamenei. But that may seem ill-advised, given the likelihood this octogenarian theocrat would be replaced by a younger hardliner who is keener to flex Iran’s muscles of deterrence. Better to accept toothless retaliations amid Tehran’s slow decline.

Each expression of Iran’s anger has confirmed its slow erosion of power. An angry fledging nuclear power would have accelerated its race to an atomic bomb. That may still happen. But it looks more likely that Iran is desperately hoping its performative lashing out can sate what remains of its hardliners, decimated by Israeli strikes. It may even hope to shuffle back to diplomacy, with talks to contain a nuclear program and ballistic missile stockpile likely severely depleted to shadows of what they were merely ten days ago.

This post appeared first on cnn.com

Investor Insight

With a disciplined exploration strategy and a high-grade discovery focus, FinEx Metals is poised to become one of the most compelling new gold exploration companies in Europe. The company is led by a technically experienced and locally embedded team, backed by a tight share structure and strategic investor alignment.

Overview

FinEx Metals (TSXV:FINX) is an exploration-stage company focused on discovering Finland’s next high-grade gold deposit. Backed by NewQuest Capital Group, FinEx is strategically positioned near Europe’s largest gold mine, the Agnico Eagle’s Kittilä Mine, and sits within one of the most prospective but underexplored terrains globally – the Central Lapland Greenstone Belt.

FinEx has defined a 2.7-kilometer-long anomalous gold zone through a combination of trenching, rock sampling, and top-of-bedrock (ToB) drilling. The ToB campaign yielded 29 samples with assays ranging from 0.1 to 4.2 grams per ton (g/t) gold and revealed broad pathfinder anomalies in tellurium, bismuth, silver and arsenic, highlighting a robust geochemical footprint consistent with orogenic gold systems.

Additionally, 263 grab samples were collected from trench exposures, 52 of which returned values above 1 g/t gold, including 19 samples exceeding 10 g/t gold. The highest grade recorded to date is 95.1 g/t gold from a quartz-carbonate vein system, located within a zone extending over 250 meters. Ruoppa is fully permitted and drill-ready, with the maiden core drilling campaign scheduled to begin in August 2025. With an experienced local team, high-grade mineralization and proximity to active operations, FinEx offers a unique opportunity to invest in an early-stage gold explorer positioned for rapid value creation.

Company Highlights

  • High-grade Gold Focus in a Tier-one Address: Flagship Ruoppa project lies within 17 km of Agnico Eagle’s Kittilä Mine, the largest gold-producing mine in Europe.
  • Large, 100 percent Owned Land Package: FinEx controls a 100 percent owned, royalty-free portfolio of projects across the Central and Eastern Lapland greenstone belts.
  • Drill-ready Flagship Asset: The Ruoppa project is fully permitted and will commence its maiden diamond drill program in Q3 2025.
  • Exceptional Gold Grades: Rock grab samples from Ruoppa returned up to 95.1 g/t gold, with 52 samples over 1 g/t gold and 19 samples exceeding 10 g/t gold.
  • Strong Local Technical Team: Deep exploration experience in Finland with former Agnico Eagle, FQM and Anglo-American personnel leading geological efforts.

Flagship Project

Ruoppa Gold Project

The Ruoppa project is FinEx Metals’ flagship exploration asset, situated approximately 17 kilometers from Agnico Eagle’s Kittilä Mine, the largest primary gold producer in Europe. Located within Finland’s Central Lapland Greenstone Belt (CLGB), Ruoppa lies on the same structural and geological trend that hosts other major gold systems like Rupert Resources’ Ikkari discovery. The project is fully permitted and drill-ready, with a maiden diamond drill program scheduled to commence in Q3 2025.

The anomalous gold zone identified at Ruoppa extends over 2.7 kilometers and remains open in all directions. Ten trenches totaling 641 meters have been excavated across the highest-priority geophysical and geochemical anomalies, confirming both the lateral continuity and high-grade potential of the gold-bearing structures. This robust dataset has defined a compelling sulphide-rich gold target at depth, which will be tested during the upcoming diamond drill program.

Notably, the project will see its first-ever diamond drilling in Q3 2025. Ruoppa benefits from excellent access to infrastructure, including all-season roads, grid power and 5G connectivity.

Over the past four years, FinEx has conducted extensive early-stage exploration, including ToB drilling, trenching and rock sampling. A total of 263 rock grab samples have been collected from trench exposures, with 52 samples returning assays greater than 1 g/t gold and 19 samples exceeding 10 g/t gold. The highest recorded sample yielded 95.1 g/t gold, hosted in quartz-carbonate vein systems. ToB drilling, an efficient shallow drilling method ideal for glacially covered terrains, revealed additional gold potential with assays up to 4.2 g/t gold and strong pathfinder element anomalies in tellurium, bismuth, silver and arsenic.

Additional Projects

Luova Gold Project

The Luova project is located within the thickest core portion of the CLGB, less than 10 kilometers from the Kittilä Mine and adjacent to key exploration prospects such as Hanhimaa and Hakokodanmaa. This underexplored project shows all the hallmarks of a classic orogenic gold system, including thick sequences of Fe-tholeiitic basalts, large-scale shear zones acting as fluid conduits, and favorable trap rocks such as graphitic tuffs and banded iron formations.

Historical base-of-till sampling conducted by Outokumpu and Agnico Eagle revealed anomalous gold and copper values, including results up to 0.38 g/t gold and 0.49 percent copper. Despite these encouraging results, the Luova project remains undrilled, representing a significant near-surface gold discovery opportunity. Ionic leach soil samples and detailed magnetic surveys are planned to refine drill targets, with a focus on zones where interpreted thrust faults intersect favorable host rocks.

Kero Gold Project

The Kero project, explored in the early 2000s by the Geological Survey of Finland (GTK), is another advanced gold target in FinEx’s portfolio. GTK completed an extensive dataset that includes 7.7 kilometers of diamond drilling, trenching, bedrock mapping and multiple geophysical surveys (including IP, VLF-R and ground magnetics). Historic drill intercepts at Kero include 1.05 meters at 12.6 g/t gold and 3.3 meters at 2.3 g/t gold, while surface grab samples returned up to 25.6 g/t gold from carbonate-sulphide veins.

The gold mineralization is associated with hydrothermal alteration and complex structural settings, including fold hinges and lithological contacts. A 1.2-kilometer-long gold anomaly has been defined, and the structural complexity – characterized by multiple deformation orientations – indicates strong potential for structurally controlled high-grade zones. Kero is accessible year-round via gravel roads and is a strong candidate for follow-up trenching and re-logging of the historical core.

Tulppio Ni-PGE Project

Located in the Eastern Lapland Granite-Greenstone Belt, the Tulppio project represents FinEx’s entry into critical mineral exploration, specifically targeting nickel sulphides and platinum group elements (PGE). The project is positioned adjacent to the Sokli project, a world-class phosphate, iron and REE deposit operated by Finnish Minerals Group. Tulppio contains a large (5 km x 2 km) ultramafic intrusive complex, with a gravity signature suggesting the body extends to 2 kilometers in depth.

Historic shallow drilling (less than 100 meters depth) has already intercepted 3 meters at 1.12 g/t platinum+palladium and 0.49 percent nickel (including 1.5 meters at 1.54 g/t platinum+palladium), and 24 meters at 0.33 percent nickel with sulfur content up to 4,600 ppm. Ionic leach soil sampling across the project has identified multiple significant nickel-cobalt-copper-palladium-gold anomalies, underscoring the project’s polymetallic potential. According to the Geological Survey of Finland (2010), Tulppio’s PGE and nickel potential should be factored into future development of the Sokli region.

Ukko Gold-Copper Project

The Ukko project targets orogenic and potentially metamorphosed epithermal gold systems in an Archean greenstone setting. The geology comprises komatiites, mafic volcanics, massive sulphide lenses and mica schists – favorable hosts for both gold and base metal mineralization. Historical drilling by Outokumpu in 1985 intersected 2.05 meters at 2.25 g/t gold. Recent soil sampling has revealed a new gold-copper anomaly in the southeastern portion of the property, coinciding with high magnetic and conductive geophysical zones. Further geochemical and IP surveys are planned to constrain the structure and assess the potential for deeper epithermal or orogenic systems.

Management Team

Tero Kosonen – Chairman and CEO

A seasoned venture capitalist and natural resources investor, Tero Kosonen brings more than 30 years of experience in private equity and management. As co-founder of NewQuest Capital, he has led numerous early-stage ventures across energy and mining. He provides strategic leadership and capital markets expertise to FinEx.

Dr. Petri Peltonen – Chief Geologist

A globally respected exploration geologist with over 30 years of experience in gold, nickel and iron ore exploration, Dr. Petri Peltonen is the former exploration manager – Europe for FQM. He is an Associated Professor at the University of Helsinki. Peltonen ensures technical rigour and exploration success at FinEx.

Sandra Wong – CFO

With over 20 years in financial leadership roles across publicly listed companies, Sandra Wong brings deep experience in accounting, compliance and governance – critical for a newly listed entity with aggressive exploration goals.

Eetu Jokela – Project Manager

A local geologist with direct exploration experience with Agnico Eagle, Eetu Jokela is responsible for day-to-day field operations and geological planning, combining practical know-how with deep regional knowledge.

Olli Silvonen – Exploration Geologist

Experienced in regional greenfields exploration, Olli Silvonen supports mapping, sampling and trenching programs with a strong focus on gold and nickel-copper-PGE systems within the CLGB.

Jukka Jokela – Senior Advisor

The former CEO of Anglo American Sakatti Mining, Jukka Jokela offers more than 35 years of exploration and ESG leadership in the Nordic region, adding valuable permitting and stakeholder engagement capacity.

Dr. Pasi Eilu – Senior Advisor

With 40 years in academic and field exploration, Dr. Pasi Eilu is a recognized expert on greenstone-hosted gold and critical minerals in Finland. His work has shaped much of the geological understanding in Lapland.

Phil Smerchanski – Senior Technical Advisor

Phil Smerchanski brings more than two decades of experience in nickel and gold systems. A former senior technical lead at Oxygen Capital and Anglo American, he provides technical guidance across project pipeline development.

This post appeared first on investingnews.com

The War on Terror led to regime change in Iraq and a briefly democratic Afghanistan — at least until former President Joe Biden’s disastrous withdrawal. More recently, a separate conflict between Israel and Iran saw the U.S. step in to help destroy nuclear facilities — but observers should pause before making any apples-to-apples comparisons between the two eras.

The image of then-White House chief of staff Andrew Card whispering in President George W. Bush’s ear during an elementary school reading event that the Twin Towers had been hit by terrorists began a continuing three decades of U.S. involvement in the Middle East.

The Middle East and the world writ-large was a different place back then, Heritage Foundation senior China and National Security Policy studies fellow Steve Yates told Fox News Digital.

Yates previously served in the Bush administration as a top national security affairs adviser to then-Vice President Dick Cheney. More recently, he co-chaired the 2016 RNC’s platform subcommittee on national security.

‘The world has changed an awful lot in 20 years,’ Yates said, when asked to compare the two administrations.

‘And I think that my perceptions of things have changed a great deal, in no small part, because I’ve had as a primary focus, among all other things in the world, what’s happening with China.’

During the Bush years, the Chinese Communist Party was led by Hu Jintao, who Yates quipped was the ‘definition of boredom’ compared to the feistier Xi Jinping.

The differences there and in the Mideast have presented challenges to the U.S., Yates said.

President Donald Trump leads essentially the first ‘post-globalist’ presidency as the world ‘awaken[ed] from’ its ‘globalist moment’ since the 1990s.

‘None of those things were factors in the early 2000s. And I think that context is vital to try to see how things are handled now,’ he said.

‘Frankly, I am a supporter of President Trump and what he’s been trying to do. I think he’s very clear that he’s willing to use decisive force when he judges it to be necessary.’

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In the Middle East, American intervention during the War on Terror led to dictator Saddam Hussein being deposed, and a decades-long ground war ensued.

Iran, at the time, was led by Mahmoud Ahmadinejad — a more prominent president. Ayatollah Ali Hosseini Khamenei has become the more prominent global figure as of late, over current President Masoud Pezeshkian.

And, while the War on Terror led to boots on the ground, Yates noted Trump has been clear that he wants Mideast allies and their Western-friendly neighbors to carry their ‘fair share’ of risk and responsibility for what happens in the region — which has been marked by conflicts since the time of Jesus Christ.

‘In that, Israel has been very clear. They haven’t asked for American boots on the ground. To my knowledge to this point they haven’t asked for much of anything other than rhetorical support,’ he said, prior to the U.S. dropping MOP bombs from B-2s on Saturday night.

Yates foreshadowed that Trump has made clear he is ready to use ‘decisive American force’ if necessary to prevent Iranian nuclear proliferation.

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‘That is a definable objective… That is not a war of occupation or trying to ‘remake Iran in our image’ as some [have] characterized Iraq, whether fairly or unfairly.’

‘So I think that the president has navigated this with deeper logic than most people give credit.’

The question at this time in history is more whether ‘the Old World’ will act on their shared interest in supporting a non-nuclear Iran or similar outcome in a meaningful way.

He referenced the ‘EU-3’ — Germany, Great Britain and France, the three largest European economic powers — and said they had previously been a ‘moderating force’ in negotiations that allowed Tehran to ‘mitigate sanctions’ and go back on promises made.

But the EU-3’s model failed to solve the problem, revealing that the early 21st century style of diplomacy — which often pulled the U.S. into conflicts — may no longer be effective. Israel’s decisive response to October 7 only underscored that point.

‘I still have a lot of gratitude and respect for my colleagues back in the Bush administration. I just see us as a world in a fundamentally different place,’ he said.

‘And I would give President Trump pretty high marks on how he’s balanced equities — keeping true to his definition of what America First means, but also true to standing by allies in times of need.’

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Iran launched a retaliatory attack on Al-Udeid, the American airbase in Qatar, a U.S. defense official confirmed on Monday. 

‘I can confirm that al Udeid Air Base was attacked by short-range and medium-range ballistic missiles originating from Iran today,’ the official told Fox News. ‘At this time, there are no reports of U.S. casualties. We are monitoring this situation closely and will provide more information as it becomes available.’

Qatar’s foreign ministry called the attack ‘brazen aggression,’ but said it had successfully intercepted Iranian missiles. 

‘The State of Qatar strongly condemns the attack that targeted Al-Udeid Air Base by the Iranian Revolutionary Guard. We consider this a flagrant violation of the sovereignty of the State of Qatar,’ spokesperson Majed Al Ansari posted on X. 

‘We reassure that Qatar’s air defenses successfully thwarted the attack and intercepted the Iranian missiles.’ 

Explosions were heard in Doha, a source told Fox News. Iranian state media reported that ‘Operation Fatah’s Blessing against the American Al-Udeid base in Qatar has begun.’ After the strike, the U.S. embassy in Kuwait issued a security alert limiting base access to only essential personnel and the embassy in Bahrain shifted some of its employees to telework. 

Just before the attack, Iran’s President Mahmoud Pezeshkian issued a warning promising not to let Saturday’s strikes on its nuclear facilities go ‘unanswered.’ 

‘We neither initiated the war nor wanted it; but we will not leave the aggression against #GreaterIran unanswered. We will stand by the security of this #belovednation with all our being and respond to every wound on Iran’s body with faith, wisdom, and determination,’ he wrote on X. 

But Iran gave Qatari officials advanced notice of the attacks, Iranian sources told the New York Times. It would be a strategy similar to the response to the killing of Iranian Gen. Qassem Soleimani, where Iran needed to symbolically respond without escalating the conflict beyond what it could handle. 

A spokesperson for Iran’s armed forces said its Revolutionary Guard Corps carried out the attack: ‘We warn our enemies that the era of hit and run is over.’

Kuwait, Iraq, Bahrain and the UAE all closed their airspaces amidst the attack. 

The base is home to 10,000 American forces and is the U.S.’s largest military installation in the Middle East. Located southwest of Doha, it serves as a hub for logistical operations for the U.S. mission to fight ISIS in Iraq and Syria. It also hosts Central Command’s (CENTCOM) Forward Headquarters, as well as its air forces and special operations in the region. It also has been used as a headquarters for British involvement in airstrikes against ISIS in Iraq.

President Donald Trump visited Al Udeid last month on May 15, where he inked a $1 billion military sales agreement with Doha. 

Qatar has walked a tight line between friendly relations with the U.S., through efforts to expand the base, and with Iran. Prior to the attack, Qatar suspended all flights and promised to ‘take all necessary preventive measures.’ 

The attack was not entirely unexpected – satellite images showed the U.S. moved most of its unhangered aircraft out of Al Udeid last week. 

Several explosions heard over Qatar capital, Doha: witness

Iran vowed to retaliate against the U.S. after American B-2 bombers dropped 14 bunker buster bombs on three Iranian nuclear sites. 

‘The criminal US must know that in addition to punishing its illegitimate and aggressive offspring, the hands of Islam’s fighters within the armed forces have been freed to take any action against its interests and military, and we will never back down in this regard,’ Abdolrahim Mousavi, the new chief of staff of the Iranian armed forces, warned in a statement. 

But Trump warned Iran after Saturday’s strikes on its nuclear hubs: ‘Any retaliation by Iran against the United States of America will be met with force far greater than what was witnessed tonight.’

The air base also hosts an array of military assets: B-52 strategic bombers, C-17 Globemaster transports and RC-135 Rivet Joint reconnaissance aircraft, in addition to 379th Air Expeditionary Wing’s airlift, aerial refueling, and intelligence, surveillance, and reconnaissance capabilities. 

Fox News’ Thomas Ferraro and Liz Friden contributed to this report. 

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