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The longest government shutdown in history finally ended on Wednesday night after nearly every member of the House of Representatives raced to Washington to cast their vote.

The threat of air travel delays — fueled in no small part by the fiscal standoff — as well as bad weather in parts of the country forced some lawmakers to find more unconventional routes to ensure they arrived on time.

First-term Rep. Addison McDowell, R-N.C., for example, found himself carpooling more than five hours alongside House Rules Committee Chairwoman Virginia Foxx, R-N.C. — a powerful GOP lawmaker more than 50 years his senior.

‘It dawned on me that, for a while there, I was one of the most powerful people in America, because I had the Rules chair, who — we couldn’t start the process of passing this bill until she got here,’ McDowell told Fox News Digital. ‘We had a one-seat majority, and there was two of us. So, you know, there was a lot of pressure to make sure she got here on time.’

Foxx’s committee was responsible for preparing federal funding legislation for a House-wide vote, which it did from just before 7 p.m. Tuesday until around 2 a.m. Wednesday.

‘She just kind of asked, ‘Hey, would you be willing to carpool?’ And I was like, ‘Yeah, not a problem at all.’ I’ve got a truck, so I’ve got plenty of room. We could have taken the whole delegation up, just put all the guys in the back,’ McDowell joked.

He also knew that driving Foxx up earlier than most lawmakers had to be there came with sacrifices.

‘Neither of us got to participate in any Veterans Day events in our district, which was a real bummer. But we had an important job to do, and that was make sure our government services and our current troops are getting paid,’ he said.

McDowell said he spent the roughly five-and-a-half-hour drive asking Foxx questions about her work and her own life, which she happily answered.

And the senior House Republican told Fox News Digital that she appreciated the experience herself.

‘I have never had a chance to really sit down with him for a long period of time, so I really welcome the opportunity to get to know him better,’ Foxx said. ‘He told me a lot about experiences he’s had. We talked about things from my side, mostly policy issues, but I did tell him a little bit more about my background.’

Foxx said it was a combination of bad weather in the North Carolina mountains and concerns about flight delays that moved her to contact colleagues about driving up — until she found her schedule most aligned with McDowell’s, and she drove herself to meet him before the long ride.

‘I have to say he’s an excellent driver,’ Foxx said. ‘We stopped in Henderson, North Carolina, and got Chick-fil-A sandwiches — of course, what else would we get? We left there at 11 [a.m.] and we got here at about 4:40 [p.m.].’

Asked if she would do it all again, Foxx said, ‘In a heartbeat.’

Rep. Randy Feenstra, R-Iowa, also opted to drive instead of fly — a trip that spanned more than 1,000 miles across 15 hours overnight.

Feenstra said he and two staffers ‘took turns driving’ through the night, stopping only for gas and arriving in Washington some time on Wednesday morning before the vote.

‘I had a lot of Veterans Day events. I wanted to make sure that I was in my district for that. And then, once that was completed at 5 last night, we headed this way,’ he said. ‘When that’s your only option, you do it. This job — you’ve got to do whatever you have to.’ 

And Midwestern Rep. Derrick Van Orden, R-Wis., also took to the roads, but in a different vehicle.

‘Democrats shut the government down over 40 days ago now. And I could not count on air travel,’ he told Fox News Digital. ‘So I talked to my wife for about five seconds and said, ‘I’m getting on the motorcycle and leaving.’ So I did, and I got here on time.’

Van Orden, who first told The Hill of his plans, said he rode through sub-zero temperatures and had to navigate black ice on the roads. At one point, he stopped at a hotel ‘for four or five hours’ when the environment appeared ‘sketchy,’ he said.

‘Someone asked me, ‘Why don’t you just drive a car?’ Here’s why. We only have one car. And I wasn’t going to inconvenience my wife, because she is one of my constituents, and she happens to be my favorite constituent,’ he said.

‘People around here don’t seem to understand that the mission is more important than their personal security or comfort. And if more people in this building took their job more seriously and realized it’s about the American people than not, then we will be a better country.’

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The postmortems for Republicans’ lackluster results in this month’s spate of elections in New Jersey, Virginia and beyond are in, and while pet theories abound, there is one thing almost everyone agrees on: In the age of President Donald Trump, the GOP does not fare well when he is not on the ballot.

The question for Republicans in tough congressional campaigns across the country is how they can symbolically get Trump on the ballot, and more importantly, get his often reluctant voters to the polls to fill out said ballots.

The best way to achieve this goal is an idea that Trump himself has floated, a midterm national Republican convention that showcases the party’s achievements under Trump’s second term and that makes it crystal clear that Americans won’t just be voting for Congress, but for Trump’s agenda.

The success of the 2024 Republican National Convention in Milwaukee was a bit overshadowed by assassination attempts and top of the ticket shakeups, but it is widely and rightly regarded as one of the best ever staged, and it made a difference.

The RNC was not only excellent prime-time television that showcased the priorities of the Trump GOP, it was an even better live event on the ground, cornhole courts and bars and restaurants created a festive, even joyous atmosphere.

This live event feeling could be amplified by satellite parties, even if the main convention is in Philadelphia for the 250th anniversary of America, or Chicago, to celebrate the birth of the Republican Party. Every city and town could have its own smaller version.

The power of such live events is something that both President Trump and the late founder of Turning Point USA, Charlie Kirk, understood intuitively. If the midterm convention could be part Trump rally, part TPUSA party, well, that’s a powerful combination.

The most important reason why a midterm convention is vital is to put Trump front and center in the election. By then his signature One Big, Beautiful Bill Act will have cut taxes on tips and overtime, some of the trillions of new investment will be taking root, and Trump will be able to point to these achievements.

One thing that was notably missing in this most recent off-year election season was any emphasis on the Make America Healthy Again wing of the Trump movement led by Health and Human Services head Robert F. Kennedy Jr.

That was a mistake, Kennedy’s focus on making sure we aren’t poisoning our kids played a massive role in Trump’s 2024 win. A midterm convention could put the issue back on the table, and MAHA moms everywhere back in play.

This convention would also highlight Trump’s all but miraculous closing of the southern border, and celebrate, rather than denigrate, federal officials working to rid the nation of criminal illegal aliens.

Trump’s message would be simple: ‘I’ve got two more years to do what you put me in office to do, but to do it, I need Congress.’

If Republicans get really lucky, then holding a midterm convention might lead Democrats to hold one of their own, an exercise that could not help but betray the deep divisions in their ranks.

Who would speak at the DNC? Who would be welcome? Socialist mayor of New York City Zohran Mamdani or Sen. John Fetterman, D-Pa., or maybe both at once yelling at each other about who’s a Zionist and who’s an antisemite. You see my point?

Trump is perhaps first and foremost a showman. That can be colored as a criticism or assessed as an asset, but it cannot be denied. The best chance that Republicans have in 2026 is to let him put on his show.

Although I am told that conversations have occurred behind the scenes in preparation for a potential midterm convention, it would still be a heavy lift. Usually there are four years to plan these things, not six months. But the Trump movement has the infrastructure and wherewithal to pull it off.

The ‘Trump Rally’ will go down in history, alongside the Lincoln-Douglas debates and President Franklin Delano Roosevelt’s fireside chats, as one of the most successful forms of political communication our nation has ever seen. My sense is that voters are up for one more encore performance.

Letting Trump be Trump might not just be the best strategy for Republicans in 2026, it might be the only one. And hey, if you’re going to lose anyway, why not go out with a party?

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Equity Metals Corporation (TSXV: EQTY,OTC:EQMEF) (FSE: EGSD) is pleased to announce the company is participating in the upcoming 121 Mining Investment Conference in London. Rob Macdonald, VP of Exploration of Equity Metals Corporation will be presenting about the Company’s recent and future planned activities.

121 Mining Investment London will be hosting over 150 mining companies and more than 500 sophisticated investors for two days of pre-arranged, targeted 1-2-1 meetings.

Alongside the curated schedule of pre-booked meetings matching investors with appropriate projects, the conference programme will provide expert commentary and the latest market intelligence on key industry developments.

This year’s event is being held on Nov 17-18.

Any investors who would like to attend 121 Mining Investment London can register for a free pass here.

About 121 Mining Investment

The 121 Mining Investment global event series connects portfolio managers and analysts from institutional funds, private equity groups and family offices with mining company management teams for 1-2-1, private in-person meetings.

121 Mining Investment has an ever-expanding global portfolio, currently covering London, New York, Cape Town, Dubai and Singapore, as well as online editions throughout the year.

About Equity Metals Corporation

Equity Metals Corporation is a Malaspina-Manex Group Company. The Company owns 100% interest, with no underlying royalty, in the Silver Queen project, located along the Skeena Arch in the Omineca Mining Division, British Columbia. The property hosts high-grade, precious- and base-metal veins related to a buried porphyry system, which has been only partially delineated. The Company also has a controlling JV interest (57.49%) in the Monument Diamond project, NWT, strategically located in the Lac De Gras district within 40 km of both the Ekati and Diavik diamond mines and an option to earn a 100% interest in the Arlington Au-Ag-Cu property in Southern BC.

For additional information, please contact:

Equity Metals Corporation
Jay Oness
VP of Corporate Development
6046412759
corpdev@mnxltd.com
https://equitymetalscorporation.com/

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

Empire Metals Limited, the AIM-quoted and OTCQX-traded exploration and development company, is pleased to announce the appointment of Canaccord Genuity Limited (‘Canaccord‘) as joint corporate broker with immediate effect. Canaccord will work alongside S. P. Angel Corporate Finance LLP and Shard Capital Partners LLP.

For further information please visit www.empiremetals.co.uk or contact:

Empire Metals Ltd

Shaun Bunn / Greg Kuenzel / Arabella Burwell

Tel: 020 4583 1440

S. P. Angel Corporate Finance LLP (Nomad & Joint Broker)

Ewan Leggat / Adam Cowl

Tel: 020 3470 0470

Canaccord Genuity Limited (Joint Broker)

James Asensio / Christian Calabrese / Charlie Hammond

Tel: 020 7523 8000

Shard Capital Partners LLP (Joint Broker)

Damon Heath

Tel: 020 7186 9950

Tavistock (Financial PR)

Emily Moss / Josephine Clerkin

empiremetals@tavistock.co.uk

Tel: 020 7920 3150

About Empire Metals Limited

Empire Metals Ltd (AIM:EEE and OTCQX:EPMLF) is an exploration and resource development company focused on the rapid commercialisation of the Pitfield Titanium Project, located in Western Australia. The titanium discovery at Pitfield is of unprecedented scale and hosts one of the largest and highest-grade titanium resources reported globally, with a Mineral Resource Estimate (MRE) totalling 2.2 billion tonnes grading 5.1% TiO₂ for 113 million tonnes of contained TiO₂.

The MRE, which covers only the Thomas and Cosgrove deposits, includes a weathered zone resource of 1.26 billion tonnes at 5.2% TiO₂ and a significant Indicated Resource of 697 million tonnes at 5.3% TiO₂, predominantly from the Thomas deposit. Titanium mineralisation at Pitfield occurs from surface and displays exceptional grade continuity along strike and down dip. The MRE extends across just 20% of the known mineralised footprint, providing substantial potential for further resource expansion.

Conventional processing has already produced a high-purity product grading 99.25% TiO₂, suitable for titanium sponge metal or pigment feedstock. The friable, in-situ weathered zone supports low-cost, strip mining without the need for blasting or overburden removal.

With excellent logistics and established infrastructure, including rail links to deep-water ports with direct access to Asia, the USA, Europe and Saudi Arabia, Pitfield is strategically positioned to supply the growing global demand for titanium and other critical minerals.

Empire is now accelerating the economic development of Pitfield, with a vision to produce a high-value titanium metal and/or pigment quality product at Pitfield, to realise the full value potential of this exceptional deposit.

The Company also has two further exploration projects in Australia; the Eclipse Project and the Walton Project in Western Australia, in addition to three precious metals projects located in a historically high-grade gold producing region of Austria.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

Source

Click here to connect with Empire Metals Ltd (AIM:EEE and OTCQX:EPMLF) to receive an Investor Presentation

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Lahontan Gold Corp. (TSXV:LG)(OTCQB:LGCXF)(FSE:Y2F) (the ‘Company‘ or ‘Lahontan‘) is pleased to announce that the Federal Bureau of Land Management (‘BLM‘) has published its Decision Record (‘DR‘), Finding of No Significant Impact (‘FONSI‘), and approval of the Company’s Exploration Plan of Operations (‘EPOO‘) for the Santa Fe Mine project, on the BLM’s website: https://eplanning.blm.gov/eplanning-ui/home. This decision concludes the National Environmental Policy Act (‘NEPA‘) Environmental Assessment (‘EA‘) process and authorizes Lahontan to move forward with its greatly expanded exploration drilling and mine development program at Santa Fe.

The recently approved Exploration Plan of Operations (‘EPOO’) allows Lahontan to conduct exploration drilling across a 12.2 km² area of the Santa Fe Mine project, enabling the Company to test multiple new targets, well beyond the currently defined gold and silver resources (see map below)*. Previous Lahontan drilling programs focused on validating historical drill results, defining and expanding resources adjacent to the past-producing open pits, and collecting data to support detailed mine planning and scheduling.

With the EPOO in place, Lahontan can now initiate true exploration programs across the broader project area. The EPOO encompasses over 700 permitted drill holes targeting well-defined geologic and geochemical anomalies, as well as previously drilled areas that returned significant gold and silver intercepts that require follow-up drilling. Priority targets include the Pinnacles area, hosted in a similar geologic setting to Fortitude Gold’s nearby Isabella Pearl Mine, as well as important historic drilling at the Guzzler target south of the Santa Fe open pit, along with multiple untested zones between the known resource areas at Santa Fe (see map below).


Map of the recently approved EPOO for Santa Fe. The yellow shading outlines the area included in the EPOO, dark red indicates the historic pits including the Isabella Pearl pit west of the project boundary, the red lines shows the surface projection of known gold and silver resources*.

Kimberly Ann, Lahontan Gold Corp. Executive Chair, Founder, CEO, and President commented: ‘Receiving approval of the Santa Fe Mine project EPOO represents a landmark milestone for Lahontan. Until now, the Company’s exploration activities were limited to a five-acre disturbance area, significantly restricting its ability to step out from known resources and fully assess the exploration potential of the Santa Fe Mine Project. With the approval of the EPOO, Lahontan can now explore a 12.2 km² area encompassing multiple well-defined geological and geochemical targets located between and adjacent to existing gold and silver resources. The expanded permit area also allows for drill testing of the historical heap leach pads, which may contain remnant mineralization of potential economic interest. This approval positions the Company to evaluate the broader gold and silver endowment of the Santa Fe Mine project and to unlock the full potential of its strategic land position in Nevada’s Walker Lane. Lahontan would also like to thank the staff of the Carson City office of the BLM for their efficient and timely completion of the EPOO.’


Map of exploration targets at the Santa Fe Mine Project.

About Lahontan Gold Corp.

Lahontan Gold Corp. is a Canadian mine development and mineral exploration company that holds, through its US subsidiaries, four gold and silver exploration properties in the Walker Lane of mining friendly Nevada. Lahontan’s flagship property, the 28.3 km2 Santa Fe Mine project, had past production of 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995 from open pit mines utilizing heap-leach processing. The Santa Fe Mine has a Canadian National Instrument 43-101 compliant Indicated Mineral Resource of 1,539,000 oz Au Eq(48,393,000 tonnes grading 0.92 g/t Au and 7.18 g/t Ag, together grading 0.99 g/t Au Eq) and an Inferred Mineral Resource of 411,000 oz Au Eq (16,760,000 grading 0.74 g/t Au and 3.25 g/t Ag, together grading 0.76 g/t Au Eq), all pit constrained (Au Eq is inclusive of recovery, please see Santa Fe Project Technical Report and note below*). The Company plans to continue advancing the Santa Fe Mine project towards production, update the Santa Fe Preliminary Economic Assessment, and drill test its satellite West Santa Fe project during 2025. For more information, please visit our website: www.lahontangoldcorp.com

* Please see the ‘Preliminary Economic Assessment, NI 43-101 Technical Report, Santa Fe Project’, Authors: Kenji Umeno, P. Eng., Thomas Dyer, PE, Kyle Murphy, PE, Trevor Rabb, P. Geo, Darcy Baker, PhD, P. Geo., and John M. Young, SME-RM; Effective Date: December 10, 2024, Report Date: January 24, 2025. The Technical Report is available on the Company’s website and SEDAR+. Mineral resources are reported using a cut-off grade of 0.15 g/t AuEq for oxide resources and 0.60 g/t AuEq for non-oxide resources. AuEq for the purpose of cut-off grade and reporting the Mineral Resources is based on the following assumptions gold price of US$1,950/oz gold, silver price of US$23.50/oz silver, and oxide gold recoveries ranging from 28% to 79%, oxide silver recoveries ranging from 8% to 30%, and non-oxide gold and silver recoveries of 71%.

Qualified Person

Brian J. Maher, M.Sc., CPG-12342, is a ‘Qualified Person’ as defined under Canadian National Instrument 43-101, Standards of Disclosure for Mineral Projects, and has reviewed and approved the content of this news release in respect of all technical disclosure other than the Mineral Resource Estimate as noted above.‎ Mr. Maher is Vice President-Exploration for Lahontan Gold and has verified the data disclosed in this news release, including the sampling, ‎‎analytical and test data underlying the disclosure.

On behalf of the Board of Directors

Kimberly Ann

Founder, CEO, President, and Director

FOR FURTHER INFORMATION, PLEASE CONTACT:

Lahontan Gold Corp.

Kimberly Ann
Founder, Chief Executive Officer, President, Director
Phone: 1-530-414-4400

Email:
Kimberly.ann@lahontangoldcorp.com

Website: www.lahontangoldcorp.com

Cautionary Note Regarding Forward-Looking Statements:

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Except for statements of historical fact, this news release contains certain ‘forward-looking information’ within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’ and other similar words, or statements that certain events or conditions ‘may’ or ‘will’ occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the TSXV. There are uncertainties inherent in forward-looking information, including factors beyond the Company’s control. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company’s filings with Canadian securities regulators, which filings are available at www.sedar.com

Source

Click here to connect with Lahontan Gold Corp. (TSXV:LG)(OTCQB:LGCXF)(FSE:Y2F) to receive an Investor Presentation

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The investment management landscape is undergoing a fundamental shift.

The once-standard 60/40 portfolio approach, which balances equities and bonds, is being challenged by market volatility, the crowding of mega-cap tech stocks and rapid technological innovation reshaping the economy.

Navigating this environment requires a new mindset that embraces a blend of passive, active and alternative strategies to build resilient portfolios prepared for both risks and emerging opportunities.

Unbundling portfolios for resilience

Mersch advises unbundling traditional portfolios. Instead of relying solely on equity and fixed income, investors should blend a passive core with active management and alternative asset allocations.

“You might need to…alternative asset classes that might have either lower or even sometimes negative correlations, and start to think about the attributes that you want to build in a lot of resiliency around periods of volatility.”

Digital assets and gold are effective diversifiers in this landscape, contributing to what Mersch calls the ability “to zig while other paper assets zag.”

Active approaches enable investors to explore attractive opportunities beyond mega-cap concentration; however, dynamic risk budgeting and continuous reassessment are critical, especially when markets exhibit complacency or crowding in dominant sectors like tech.

“That’s where you can take a much more active approach in terms of betting on… other pockets or corners of the market.

“What I would encourage people to look at is the cost savings that we’re seeing in a lot of core businesses. A lot of businesses that operate in the real economy are starting to gain some real operating leverage because they’re implementing these tools as well.”

Thematic investment in technology and AI

AI infrastructure and semiconductors stand at the forefront of modern investment themes. Long-term infrastructure buildouts promise a transformative impact.

Mersch highlighted the accelerating buildout of data centers, which are critical to powering AI advancements, noting an expected leap in US electricity demand. “If you look at total electricity growth in the US from 2001 to 2024, it grew around 0.5 percent on an annualized basis. Over the next five years, it’s going to grow 4 percent,” he explained.

This surge underscores the energy-intensive nature of AI, creating substantial structural tailwinds for related real assets and thematic investment vehicles like ETFs.

The semiconductor industry exemplifies the globalization and complexity of technological innovation. Mersch described it as “one of the most global operating systems in the world,” spanning diverse geographies from chip design and fabrication to lithography and memory production.

However, escalating geopolitical tensions and US trade restrictions introduce layers of risk that demand active management and meticulous stock selection.

He also addressed concerns about circular financing risks in AI infrastructure. “When you have vendor financing, you’re essentially front running and creating that artificial demand,” he said, adding that vigilance regarding genuine adoption indicators, such as compute token usage reflecting actual AI workflow application, is needed to guard against this. “All signs right now are pointing to yes,” he said.

While echoes of prior tech cycles suggest potential boom and bust phases, Mersch noted that the scale and pace of capital expenditure in AI infrastructure signify foundational change with likely enduring impact. Complementarily, cybersecurity continues to gain importance as data proliferation accelerates and AI’s dual role as protector and attack vector. Companies specialized in endpoint protection and innovative security solutions play a key part in making tech portfolios more robust.

Meanwhile, speculative avenues like quantum computing offer future innovation frontiers. “I think Canada has definitely a really exciting future when it comes to quantum,” he added, noting Xanadu’s recent IPO announcement. “They kind of have these capabilities that only two other labs in the world have achieved.”

Mersch was referencing the company’s Aurora system, which uses photons as quantum bits, commonly referred to as qubits. “So we’re seeing a lot of that expertise being grown out here.”

Emerging strategies for future growth

Mersch also highlighted venture capital and private equity as core components of alternatives that complement passive and active strategies.

He noted the evolving accessibility of venture capital, with some democratization happening via fractional ownership and tokenization.

However, he cautions that top quartile funds still dominate returns, making established track records and fees critical considerations for investors.

In a similar vein, secondary market platforms offer new gateways by allowing access to direct listings and share sales, but come with layered fees and risks.

Long and short equity strategies also play a pivotal role in reducing correlation to broader markets. These funds can capitalize on thematic disruptions by taking long positions in companies leading structural change while shorting those likely to be disrupted.

Practical insight and forward-looking considerations

The modern paradigm of portfolio construction demands a sophisticated and dynamic approach, moving beyond simple stock and bond allocations. A resilient portfolio must now strategically integrate the three aforementioned key components.

Mersch’s insights offer a roadmap for investors navigating a rapidly evolving dynamic. In this landscape, embracing technology-driven themes is not merely optional but essential for future growth; however, any introduction of higher-risk assets requires both optimism and caution amid volatile and geopolitically complex markets.

Ultimately, building a resilient portfolio for the future means moving beyond old paradigms and proactively integrating new technologies and strategies with disciplined risk management.

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

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Glencore (LSE:GLEN,OTC Pink:GLCNF) is reportedly set to take a major position in the Hong Kong initial public offering (IPO) of Chuangxin Industries Holdings as aluminum prices climb to multi-year highs.

According to a Bloomberg report, people familiar with the matter said Glencore will participate as a cornerstone investor in the offering, alongside Hillhouse Investment Management and China Hongqiao Group, the country’s largest private aluminum producer.

Together, the three firms and other cornerstone participants could take up roughly half of the US$700 million deal, according to the sources, who asked not to be identified as the information remains private.

Aluminum prices on the London Metal Exchange (LME) hit a three-year high of US$2,900 per metric ton last week, buoyed by tight supply and a government-imposed ceiling on new smelting capacity.

Those restrictions have helped sustain profitability among China’s smelters, which account for about half of global primary aluminum output.

Chuangxin, based in Inner Mongolia, plans to begin taking investor orders as soon as Friday for its Hong Kong debut, according to the same sources.

The company’s business centers on the production of primary aluminum and alumina, the key raw material for smelting. Its largest customer is Innovation New Material Technology, a Shanghai-listed firm led by Chuangxin chairman Cui Lixin, according to the company’s Hong Kong exchange filing.

If completed, the IPO would be one of the largest metals-related listings in Hong Kong this year. Total proceeds from Hong Kong listings are on track to hit a four-year high in 2025, potentially topping US$40 billion.

The rebound follows a long period of muted activity, though analysts note that several high-profile debuts have underperformed recently.

As one of the world’s largest traders of base metals, the company has been ramping up its participation in key supply chains tied to electrification and renewable infrastructure.

Aluminum, valued for its light weight and conductivity, plays a central role in the shift toward low-carbon technologies.

Representatives for Glencore and China Hongqiao declined to comment on the matter. Hillhouse did not immediately respond to a request for comment, while Chuangxin could not be reached.

The people familiar with the deal cautioned that final terms and investment allocations could still change as discussions continue.

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

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: Former Special Counsel Jack Smith allegedly sought the private, personal cellphone records of then-Speaker of the House Kevin McCarthy as part of his investigation into the Jan. 6, 2021, Capitol riots, Fox News Digital has learned.

Smith also sought the private phone records of now-former Republican Rep. Louie Gohmert of Texas.

Fox News Digital exclusively reviewed the document that FBI Director Kash Patel recently shared with Senate Judiciary Committee Chairman Chuck Grassley and Sen. Ron Johnson containing the explosive revelations. Grassley and Johnson have been leading a joint investigation into Smith’s ‘Arctic Frost’ probe.

According to the document, Smith, on Jan. 24, 2023, allegedly sought the ‘toll records for the personal cell phones of U.S. Speaker of the House Kevin McCarthy (AT&T) and U.S. Representative Louie Gohmert (Verizon.)’

The information was included as part of a ‘Significant Case Notification’ drafted by the FBI’s Criminal Investigative Division May 25, 2023.

‘Jack Smith’s radical and deranged investigation was never about finding the truth,’ former House Speaker Kevin McCarthy told Fox News Digital. ‘It was a blatant weaponizing of the Justice Department to attack political opponents of the Biden administration. Perhaps no action underscores this point more than the illegal attempt to access the phone records of sitting members of the House and Senate — including the Speaker of the House.’ 

‘His illegal targeting demands real accountability,’ McCarthy continued. ‘And I am confident Congress will hold hearings and access documents in its investigation into Jack Smith’s own abuses.’ 

‘At the same time, I will ask my own counsel to pursue all areas of redress so this does not happen to anyone else,’ McCarthy said. 

The revelations come after Fox News Digital exclusively reported in October that Smith and his ‘Arctic Frost’ team investigating the Jan. 6, 2021, Capitol riots were tracking the private communications and phone calls of nearly a dozen Republican senators as part of the probe, including Sens. Lindsey Graham of South Carolina, Marsha Blackburn of Tennessee, Ron Johnson of Wisconsin, Josh Hawley of Missouri, Cynthia Lummis of Wyoming, Bill Hagerty of Tennessee, Dan Sullivan of Alaska, Tommy Tuberville of Alabama and GOP Rep. Mike Kelly of Pennsylvania.

An official told Fox News Digital that those records were collected in 2023 by Smith and his team after subpoenaing major telephone providers. 

Smith has called his decision to subpoena and track Republican lawmakers’ phone records ‘entirely proper’ and consistent with Justice Department policy.

‘As described by various Senators, the toll data collection was narrowly tailored and limited to the four days from January 4, 2021 to January 7, 2021, with a focus on telephonic activity during the period immediately surrounding the January 6 riots at the U.S. Capitol,’ Smith’s lawyers wrote in October to Grassley.

Grassley, R-Iowa, and Johnson, R-Wis., have been investigating the matter, and seeking answers from major telephone providers.

In AT&T’s response to Grassley, it noted that Smith sought phone records for two members of Congress.

Fox News Digital has learned that AT&T informed Grassley’s staff that one of the members was Sen. Ted Cruz, R-Texas, but refused to disclose the second member.

The newly declassified document reviewed by Fox News Digital appears to reveal that the second member of Congress that Smith sought records from AT&T for was McCarthy, R-Calif. 

Fox News Digital obtained AT&T’s response to Grassley, in which the company notes that Smith sent them a grand jury subpoena that included a request for phone records associated with two members of Congress.

‘However, when AT&T raised questions with Special Counsel Smith’s office concerning the legal basis for seeking records of members of Congress, the Special Counsel did not pursue the subpoena further, and no records were produced,’ AT&T told Grassley.

AT&T also stressed that the company ‘has not produced any records or other information to Special Counsel Jack Smith’ relating to ‘any member of Congress.’

‘Jack Smith’s Arctic Frost investigation looks more and more out of control with each passing day,’ Grassley told Fox News Digital. ‘Based on my oversight, it was a fishing expedition that swept up Republicans in and out of Congress, from top to bottom.’ 

‘Arctic Frost’ was opened inside the bureau April 13, 2022. Smith was appointed as special counsel to take over the probe in November 2022. 

An FBI official told Fox News Digital that ‘Arctic Frost’ is a ‘prohibited case,’ and that the review required FBI officials to go ‘above and beyond in order to deliver on this promise of transparency.’ The discovery is part of a broader ongoing review, Fox News Digital has learned.

Smith, after months of investigating, charged President Donald Trump in the U.S. District Court for Washington, D.C., in his 2020 election case, but after Trump was elected president, Smith sought to dismiss the case. Judge Tanya Chutkan granted that request. 

Smith’s case cost taxpayers more than $50 million. 

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

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As President Donald Trump redirects U.S. resources toward operations closer to home, former Secretaries of State Hillary Clinton and Mike Pompeo warned that America’s adversaries could benefit from a reduced global footprint.

Clinton told an audience Wednesday that she’d heard of internal Pentagon discussions advocating a ‘spheres of influence’ model that would focus U.S. power in the Western Hemisphere while allowing Russia to dominate Eastern Europe and China to control much of East Asia.

‘There seems to be a group within the Pentagon who are advocating for these spheres of influence … I think that’s a disaster. And I think it weakens us vis-à-vis our principal problem, which is… the Chinese Communist Party,’ she said during a discussion at Columbia University.

The remarks come as the Pentagon increases counter-narcotics and maritime security missions across the Caribbean and eastern Pacific, expanding the U.S. military presence in the Southern Command region to its largest level in decades — a shift that reflects Trump’s renewed emphasis on prioritizing the Western Hemisphere. 

The U.S. last week said it would withdraw a rotational infantry brigade largely based in Romania, with some forces in Slovakia, Hungary and Bulgaria.

Clinton, who was an early architect of the Obama administration’s ‘pivot to Asia’ strategy during her 2009–2013 tenure at the State Department, said any retreat from the Indo-Pacific would invite instability and signal weakness to U.S. adversaries.

Pompeo largely agreed, saying the United States should strive for global ‘American hegemony’ rooted in Western values and must never concede leadership to rivals.

‘I agree with almost everything Secretary Clinton said there,’ Pompeo said. ‘I want American values to dominate the world for the next 250 years … I want to influence every sphere of influence.’

Even as the War Department has prioritized a focus on the Western Hemisphere, Secretary Pete Hegseth has promised the U.S. would ‘stoutly defend’ its interests in the Indo-Pacific. 

Pompeo directed particularly harsh words at China, even as U.S.–China relations show tentative signs of easing after Trump’s recent meeting with Chinese President Xi Jinping.

‘We shouldn’t use the word competition and the Chinese Communist Party in the same sentence… The Chinese Communist Party wants to cut our heads off,’ he said, adding, ‘They killed 10 million people and didn’t lose a moment’s sleep when a virus was foisted around the world.’

Pompeo, who served as secretary of state and CIA director in the first Trump administration, also claimed that China had given its blessing to North Korea to send troops to assist Russia in its war on Ukraine.

‘There are 13,000 North Koreans on the ground inside of that conflict today,’ he said. ‘They did not go there without Xi Jinping asking Chairman Kim… to go.’

Clinton, meanwhile, accused congressional Republicans of staying silent when the White House oversteps its power, citing Trump’s repeated extensions of a deadline for TikTok to divest or face a U.S. ban.

‘Their tongues must be totally bitten off because they don’t speak out,’ Clinton said.

She warned that social media is now shaping — and in some cases distorting — public opinion, posing ‘a huge danger to democracy.’ Clinton also said TikTok was ‘found by a bipartisan decision of Congress to be controlled by the Chinese Communist Party.’

Pompeo echoed that concern. ‘I’m worried about the fact that we’ve got social influencers on TikTok that are shaping your minds, and that that’s controlled by the Chinese Communist Party to a significant degree,’ he said. 

The pair of former officials found common ground years after Pompeo vowed to release more of her emails in the run-up to the 2020 election. Trump had expressed disappointment that Pompeo’s State Department had not released more of the emails Clinton famously sent from a private server during her time leading the department.

‘We’re doing it as fast as we can’ Pompeo told Fox News at the time, while predicting ‘there will be more to see before the election.’

‘It’s pathetic,’ Clinton had told The New York Times of Pompeo’s promise.

Pompeo has also been critical of Clinton’s ‘failures’ related to Benghazi and ‘rampant corruption.’

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Red Metal Resources Ltd. (CSE: RMES,OTC:RMESF) (OTC Pink: RMESF) (FSE: I660) (‘Red Metal’ or the ‘Company’) is pleased to announce it has mobilized crews and collected UAV supported magnetic survey data over the Company’s Point Piche Property in Lake Timiskaming in the Témiscamingue Graben region.

The survey is being conducted by Fladgate Exploration Consulting out of Thunder Bay, ON, using a 15-meter detailed line spacing while flying at very low elevation over the lake. Low elevation and closely spaced lines increase the resolution of the data collected. The collection of high-density magnetic data will be used to aid in a structural interpretation of bedrock under the lakebed.

The Témiscamingue Graben is a Proterozoic-Paleozoic structural corridor hosting promising lithologies for natural hydrogen accumulation in the form of ultramafic source rocks covered by dolomites and limestones as potential cap rocks. The Temiskaming Graben is an approximately 400 km long and 50 km wide depression straddling the Ontario-Quebec border in Eastern Canada. The Témiscamingue Graben is now partially filled by Lake Temiskaming. Work completed by Quebec City’s Institut National de Recherche Scientifique (INRS), Quebec Innovative Material Corp (QIMC), and Record Resources Inc (RES) recorded hydrogen anomalies in lake sampling, which has been disclosed in the news release issued by Record Resources Inc on April 7, 2025.

The Company’s CEO and President, Caitlin Jeffs, commented, ‘The current survey represents an important step in advancing our understanding of the geological setting of this region, and we believe it strengthens our foundation as we move toward evaluating potential natural hydrogen opportunities in the Témiscamingue Graben.’

Cannot view this image? Visit: https://images.newsfilecorp.com/files/4932/274319_fbd77db8041eebef_001.jpg

Figure 1 – Magnetic Survey Area

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4932/274319_fbd77db8041eebef_001full.jpg

This news release may contain information about adjacent properties on which the Company has no right to explore or mine. Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on the properties.

Qualified Person

The technical content of this news release has been reviewed and approved by Caitlin Jeffs, P.Geo, who is a Qualified Person (‘QP’) as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About Red Metal Resources Ltd.

Red Metal Resources is a mineral exploration company focused on growth through acquiring, exploring and developing clean energy and strategic minerals projects. The Company’s portfolio of projects includes seven separate mineral claim blocks and mineral claim applications, highly prospective for Hydrogen, covering 160 mineral claims and totalling over 4,178 hectares, located in Ville Marie, Quebec, and Larder Lake, Ontario, Canada. As well, the Company has a Chilean copper project, located in the prolific Candelaria iron oxide copper-gold (IOCG) belt of Chile’s coastal Cordillera. Red Metal is quoted on the Canadian Securities Exchange under the symbol RMES, on OTC Link alternative trading system on the OTC Pink marketplace under the symbol RMESF and on the Frankfurt Stock Exchange under the symbol I660.

For more information, visit www.redmetalresources.com

Contact:

Red Metal Resources Ltd.

Caitlin Jeffs, President & CEO

1-866-907-5403

invest@redmetalresources.com

www.redmetalresources.com

Forward-Looking Statements – All statements in this press release, other than statements of historical fact, are ‘forward-looking information’ within the meaning of applicable securities laws. Red Metal provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future. Readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to the ability to raise adequate financing, receipt of required approvals, as well as those risks and uncertainties identified and reported in Red Metal’s public filings under its SEDAR+ profile at www.sedarplus.ca. Although Red Metal has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Red Metal disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274319

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