Author

admin

Browsing

Dubbed a “central bottleneck of the electrified future,” copper demand is expected to far exceed supply. A recent outlook from S&P Global projects the market could face a shortfall of up to 10 million metric tons by 2040.

Against this backdrop, Domestic Metals (TSXV:DMCU) offers a timely opportunity for investors. Listed on TSX Venture Exchange, OTCQB and Frankfurt Stock Exchange, the company is advancing its flagship Smart Creek Project in Montana, targeting discovery of a porphyry system and a carbonate replacement deposit (CRD).

Map of Domestic Metals Smart Creek lands, showing claims, private land, roads, and location in Montana.

Smart Creek’s potential is further bolstered by its proximity to significant discoveries like Ivanhoe Electric’s (NYSEAmerican:IE,TSX:IE) Hog Heaven project, which announced the intersection of a porphyry copper-gold-molybdenum system within a large, deep anomaly.

Company Highlights

  • Exceptional Surface Grades: The 2025 field campaign returned high-grade samples, highlighted by 102 g/t gold, 23.1 percent copper, and 3,810 g/t silver.
  • World-Class Team: Dr. Peter Megaw, a globally recognized authority on Carbonate Replacement Deposits (CRDs) and discoverer of MAG Silver’s Juanicipio, has joined the team to guide exploration, together with President & CEO Gordon Neal who has had a successful track record building MAG Silver and New Pacific Metals
  • Mining-Friendly Jurisdiction: Operations are focused in Montana, USA, a mining-friendly state ranked 6th in 2024 by the Fraser Institute for investment attractiveness, with a legacy of massive production at the nearby Butte Mine.

This Domestic Metals profile is part of a paid investor education campaign.*

Click here to connect with Domestic Metals (TSXV:DMCU) to receive an Investor Presentation

This post appeared first on investingnews.com

Independent Sen. Bernie Sanders and Republican Sen. Markwayne Mullin were involved in a heated back and forth during a Senate hearing Tuesday that sparked immediate reactions across social media.

‘Everybody we bring up here, you guys chastised for trying to make changes,’ Mullin said during a Senate Committee on Health, Education, Labor and Pensions hearing Wednesday. The committee was discussing issues with Obamacare during a hearing on the nomination of Casey Means as U.S. surgeon general.

‘God forbid we change and try to fix our broken system,’ Mullin continued. ‘Anyway, I ranted too long.’

As Mullin was attempting to return to the topic, he was cut off by Sanders, who said, ‘Yes, you did.’

Mullin responded, ‘I’m sorry. I didn’t ask your opinion on that, and if I cared about your opinion I would ask you. But I don’t care about your opinion. You’re part of the system. You’re part of the problem. You’ve been sitting here longer than I’ve even been alive. This is your problem. You should have fixed this a long time ago. You’ve been railing on it for so long. What have you been doing?’

Sanders responded by sarcastically saying, ‘I decided not to run for surgeon general, You’re the nominee I’ve decided.’

‘That is definitely something we would never accept,’ Mullin said before moving on.

The exchange was quickly picked up by conservatives on social media, including from ‘Charlie Kirk Show’ executive producer Andrew Kolvet, who wrote in a post on X that ‘things did not end well for the octogenarian socialist’ after he took a ‘cheap shot’ at Mullin. 

‘That’s what his commie supporters can’t figure out,’ comedian Tim Young posted on X. ‘Bernie has been in office so long that he should have solved their problems by now.’

‘Finally,’ journalist Anna Matson posted on X. ‘Someone put Bernie Sanders in his place. He’s all talk and no action. He’s been in office longer than I’ve been alive and he has nothing to show for it.’

‘Swamp being DRAINED,’ political and sports commentator Dan Dakich posted on X.

‘HOLY SMOKES,’ conservative journalist Eric Daughterty posted on X. ‘Sen. Markwayne Mullin just PUMMELED Bernie Sanders to his FACE.’

Senate clashes involving Sanders and Mullin have been increasingly common in recent years, including a viral moment in 2023 when Mullin and Teamsters President Sean O’Brien almost came to blows during an exchange Sanders was in the middle of. 

In December, the two clashed on the Senate floor, also over Obamacare, in an exchange that Mullin posted on X in which he referred to Sanders as ‘The Grinch’ and said the Vermont senator ‘blocked our bipartisan bill, the Mikaela Naylon Give Kids a Chance Act, to give kids fighting cancer more treatment options.’

Fox News Digital reached out to the offices of Mullin and Sanders for comment.

Related Article

Medical watchdog challenges key study used to justify DEI health policies:
Medical watchdog challenges key study used to justify DEI health policies: ‘Scientifically unsound’

This post appeared first on FOX NEWS

Prominent figures from across the media, business and political landscapes showed up as guests to President Donald Trump’s State of the Union address on Tuesday evening.

Notable attendees included Erika Kirk, the widowed wife of conservative activist Charlie Kirk, David Ellison, the media mogul and CEO of Paramount, and Kevin O’Leary, the Shark Tank media personality and businessman.

Several of the more notable attendees were highlighted by Trump during his address.

Kirk received a mention from the president as he condemned political violence of all kinds in his address.

‘We must all come together to reaffirm that America is one nation under God, and we must totally reject political violence of any kind,’ Trump said.

Charlie Kirk, who was just 31-years-old at the time of his death, was killed by a gunman on Sept. 10, 2025, while conducting a political debate event at Utah Valley University.

The U.S. men’s hockey team also made an appearance on Tuesday, receiving praise from Trump fresh off their gold medal victory in the 2026 Winter Olympic Games.

‘Congratulations to team U.S.A.,’ Trump said as the players streamed into the chamber during the address.

Trump also highlighted guests brought by others, like First Lady Melania Trump. She invited 10-year-old Everest Nevraumont, a youth advocate for education through artificial intelligence.

‘I challenge keeping America’s next generation positioned to succeed and strongly succeed in the future,’ Trump said.

Trump also used guests like Enrique Márquez, a former political prisoner of Venezuelan President Nicolás Maduro, to remind audiences of his international achievements under his second administration.

In early 2026, the U.S. stormed Venezuela’s capitol city and captured Maduro, giving Trump newfound leverage in negotiations over the country’s future.

‘We’re working closely with the new president of Venezuela to unleash extraordinary economic gains for both of our countries,’ Trump said.

The White House reunited Márquez with his family at the State of the Union. 

Trump also awarded the Purple Heart to Staff Sergeant Andrew Wolfe and deceased Army Specialist Sarah Beckstrom, two National Guard members who were critically injured and fatally shot by a gunman who ambushed them while on duty last year in Washington, D.C.

‘I’m going to ask a highly respected General James Seward to present Staff Sergeant Andrew Wolfe and the great family of Sarah Beckstrom, with the award created by our late, great president, George Washington himself,’ Trump, who invited her parents as his State of the Union guests, said. ‘It’s called the Purple Heart. We love you all.’

As Trump spoke, Major General James ‘Jim’ D. Seward, Adjutant General of the West Virginia National Guard, presented Specialist Beckstrom’s medal to her parents and pinned the Purple Heart on Staff Sergeant Wolfe in the viewing gallery above.

Guests like O’Leary and Ellison did not receive a shoutout from the president, but mingled with multiple lawmakers.

O’Leary, primarily known for his television presence on ABC’s Shark Tank, owns companies like O’Leary Ventures and O’Leary Fine Wines. 

In recent years, O’Leary has surfaced as a political commentator, giving his thoughts on the effectiveness of political party messaging, voter sentiments and more.

Ellison is the current chairman and CEO of Paramount Skydance Corporation keeps a relatively low political profile but, in the past, has made several high-dollar donations to many Democratic candidates despite now calling himself a friend of President Trump.

Trump has boasted publicly about a personal relationship with Ellison.

Most recently, Ellison has made headlines for his attempt to purchase Warner Bros. Discovery — a move that would solidify Ellison and Paramount as titans in the media world.

He was seen walking into the House of Representatives on Tuesday alongside Sen. Lindsey Graham, R-S.C., who invited him.

‘Honored to have David Ellison as my guest to POTUS’ State of the Union address this evening,’ Graham said in a post to X.

Related Article

5 times Democrats disrupted Trump
5 times Democrats disrupted Trump’s State of the Union address

This post appeared first on FOX NEWS

Russian-operated shadow tankers carrying millions of dollars in sanctioned oil are transiting the English Channel, raising warnings of a potential military confrontation in NATO waters, according to reports.

The movements came amid heightened tensions between Russia and NATO, with the Royal Navy stepping up surveillance of U.S.- and allied-sanctioned vessels in one of the world’s busiest shipping lanes.

Sky News reported Wednesday that as many as 800 shadow tankers had passed through the channel, and continue to bankroll Russian President Vladimir Putin’s war in Ukraine.

Several Russia-linked oil tankers — including the Rigel, Hyperion and Kousai — have been tracked by VesselFinder and are known to be under Western sanctions.

The outlet reported that three of the vessels were monitored this month as they transited loaded with sanctioned crude.

The Rigel, an 885-foot Suezmax-class tanker sailing under a Cameroonian flag, left the Russian port of Primorsk on Feb. 2, with up to one million barrels of oil, a cargo valued at around $55 million.

Sanctioned by the U.K., the EU and Canada, it is barred from using port facilities in those jurisdictions but is still permitted ‘innocent passage’ under maritime law.

The Kousai, sailing under a Sierra Leonean flag, left Ust-Luga on Feb. 2, and was warned by authorities to provide proof of insurance within 24 hours.

The Hyperion, also sanctioned by the U.S., switched flags after delivering oil to Venezuela, to obscure ownership and evade enforcement, according to reports.

Security experts warned of an increased risk of geopolitical escalation in the region.

]Professor Michael Clarke told Sky News that there may come a point when Britain and its allies ‘get much tougher with these Russian ships,’ adding that a ‘militarized confrontation at sea’ this year is a real possibility, in the Channel or the North Sea.

A U.K. Ministry of Defense (MoD) spokesperson said: ‘Deterring, disrupting and degrading the Russian shadow fleet is a priority for this government.

‘Alongside our allies, we are stepping up our response to shadow vessels — and as the Secretary of State set out, we will continue to do so,’ the spokesperson said.

The MoD said it has requested proof of insurance from more than 600 suspected vessels since October 2024.

The U.S. has also taken a firm stance, seizing at least seven tankers linked to sanctioned oil trades since December 2025, including several in the Caribbean.

Related Article

Second tanker seized near Venezuela as US enforces oil blockade
Second tanker seized near Venezuela as US enforces oil blockade

This post appeared first on FOX NEWS

Clem Chambers, CEO of aNewFN.com, explains why he sold his gold and silver, and where he’s looking next, mentioning the copper and oil sectors.

He also speaks about the importance of staying positive as an investor: ‘The media negativity is the most wealth-crushing thing you can fall for. So be positive. Work hard at it. Be on the front foot. Look for opportunities. Think hard about it. Study. You will do so well.’

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

This post appeared first on investingnews.com

Copper miners with productive assets have much to gain as supply and demand tighten.

The price of copper reached new all-time highs in 2026 on both the COMEX in the United States and the London Metals Exchange (LME) in the United Kingdom.

In 2025, the copper price on the COMEX surged during the third quarter as it climbed to US$5.94 per pound after the White House announced tariffs on the red metal in late August. However, prices moderated in August after refined products were excluded. However, as the quarter ended, supply and demand fundamentals took over, pushing the price back to historic highs, reaching US$11,067.50 per metric ton on the LME on October 29.

Since that time, the price has maintained momentum, and on January 29, the copper price reached record highs of US$6.61 per pound on the COMEX and US$14,572.54 per metric ton on the LME.

Copper is one of the most important resources for the energy transition, but demand for the red metal is outpacing mining supply. While construction and electrical grids have long been major markets for copper, today the rise in demand for electric vehicles, EV charging infrastructure and energy storage applications are emerging drivers of copper consumption.

Another trend driving future copper demand is the rapid urbanization in the Global South, as rural populations migrate to cities, putting pressure on electricity grids.

Due to the challenges associated with finding, developing, permitting and mining copper deposits, the higher demand is being met by slow growth of new supply. Mines that are in operation tend to be quite large and operate for decades as copper producers concentrate on mine expansions and brownfield projects aimed at extending mine lifetimes.

Given those factors, investors should keep an eye on the world’s top copper miners and their operations.

This list of the 10 largest copper-mining companies in the world is ranked by attributable copper production for 2024.

1. BHP (ASX:BHP,NYSE:BHP,LSE:BHP)

Copper production: 1.5 million metric tons

BHP is one of the world’s largest mining companies, and its global portfolio of assets includes significant copper mining operations in Chile, Australia and Peru.

According to the company’s quarterly operational review data, the mining giant’s attributable copper production totaled 1.5 million metric tons across the calendar year 2024.

Its most significant copper asset is the Escondida mine, the world’s largest copper mine. BHP holds a 57.5 percent stake in the Chilean operation, which produced 1.24 million metric tons of copper in 2024, of which 713,805 was attributable to BHP. Its other Chilean copper operation is its wholly owned Pampa Norte mine, which produced 313,600 metric tons of copper in 2024.

BHP also owns the Olympic Dam polymetallic mine, the largest mine in Australia. The South Australian mine hosts one of the world’s largest copper deposits as well as the largest uranium deposit. In 2023, BHP expanded its portfolio in the state with its acquisition of OZ Minerals and its Prominent Hill and Carrapateena copper operations.

In January, BHP announced its acquisition of Filo Mining and its Filo del Sol project located Argentina. As part of the announcement, BHP said it had formed a joint venture company with Lundin Mining Corporation (TSX:LUN,OTC Pink:LUNMF) to combine Filo del Sol with Lundin’s Josemaria project in the Vicuna mining district, with each company owning a 50 percent stake.

2. Codelco

Copper production: 1.44 million metric tons

The Chilean state-owned Codelco is the world’s third-largest producer with copper production of 1.44 million metric tons in 2024. According to its 2024 annual report, its copper output increased 1.2 percent from 1.42 million metric tons in 2023.

Its largest asset is the Chuquicamata mine located in Northern Chile, between 2017 and 2021 annual production was in the 700 million to 850 million pound range. However, lower grades in recent years have led to production falling below 600 million pounds. In 2024, Chuquicamata increased slightly to 637 million pounds.

The mine transitioned from an open pit to an underground mine beginning in 2019. In its operational report for the quarter ending September 30, the company stated that Phase 1 of its continuity infrastructure project had reached 85 percent completion. It added that feasibility studies were underway for potential expansion of the current mine level, as were prefeasibility studies assessing ‘the development of a potential deeper mine level.’

The company’s other significant Chilean mines include El Teniente, Quebrada Blanca and Andina.

3. Freeport-McMoRan (NYSE:FCX)

Copper production: 1.26 million metric tons

Freeport-McMoRan is consistently ranked among the world’s top copper producers, and its share of copper production from its mines totaled 1.26 million metric tons of copper in 2024. The company reported producing 4.21 billion pounds, or 1.9 million metric tons, of the red metal, calculated on a 100 percent basis for all operations except its Morenci joint venture.

The largest contributor to its output is the Grasberg copper-gold mine in Indonesia. The mine itself is a joint venture between Freeport and state-owned Indonesia Asahan Aluminum, with the entities holding interests of 48.76 percent and 51.24 percent respectively. According to MDO, copper output for the mine in 2024 totaled 1.8 billion pounds.

Grasberg has undergone a transition from an open pit to an underground block cave, and expansion work continues at the site. As of the close of 2024, the mine had 469 open drawbells.

In September, the main Grasberg Block Cave suffered an ingress of wet material that killed seven workers and forced the closure of the operation. While Freeport stated that unaffected portions of Grasberg would open by the end of 2025, the Grasberg Block Cave would see a phased restart beginning in the second quarter of 2026, and increasing through the end of the year and into 2027.

Additionally, Freeport holds a 55 percent stake in the Cerro Verde copper-molybdenum complex in Peru. The mine routinely produces between 800 million and 1 billion pounds of copper and is expected to be in operation until 2052.

Its largest US based operation is its 72 percent owned Morenci mine in Arizona, which produced 700 million pounds in 2024. It also owns the Safford and Sierrita mines in the same state.

4. Glencore (LSE:GLEN,OTC Pink:GLCNF)

Copper production: 951,600 metric tons

Mining major Glencore copper production dipped by 6 percent in 2024 to 951,600 metric tons from the 1.01 million metric tons produced in 2023. The company’s 2024 annual report attributed the decline to lower planned production at its Antapaccay and Collahuasi mines due to factors including lower grades, water constraints and geotechnical challenges.

Located along Chile’s coast, Collahuasi is the company’s largest operation, a 44/44/12 joint operation between Glencore, Anglo American (LSE:AAL,OTCQX:NGLOY) and Japan’s Mitsui & Co. (OTC Pink:MITSF,TSE:8031). The mine produced 558,600 metric tons of copper in 2024.

The partners are working to build a large-scale desalination plant designed to help overcome water shortage issues. In Glencore’s third-quarter production report, it indicated that water restrictions at Collahuasi have eased since the staged commissioning started, with further improvements through Q4. Once open, it will provide 1,050 liters of desalinated water per second to the mine via a 194 kilometer pipeline.

Other significant copper-producing assets in the company’s portfolio include Antamina in Peru, Mount Isa in Australia and the Katanga Complex in the Democratic Republic of the Congo.

5. Southern Copper (NYSE:SCCO)

Copper production: 883,462 metric tons

A majority-owned, indirect subsidiary of Grupo Mexico (OTC Pink:GMBXF), Southern Copper recorded 883,462 metric tons of total copper production for 2024, a 6.9 percent increase over 2023. In the company’s 2024 results, the company attributed the increase to higher production across all operations, with a 10.7 percent increase from its Peruvian assets and a 4.3 percent increase from Mexican production.

The company operates major copper mines in Peru and Mexico and has exploration projects in Argentina, Chile, Ecuador, Mexico and Peru.

Its largest copper-producing asset is the Buenavista mine in Northern Mexico, which sits atop one of the world’s largest porphyry copper deposits. According to MDO, the site produces approximately 700 billion to 750 billion pounds of copper per year.

Its other copper operations include the Cuajone and Toquepala mines in Peru and the La Caridad mine in Mexico.

6. Anglo American (LSE:AAL,OTCQX:NGLOY)

Copper production: 772,700 metric tons

British miner Anglo American reported a 6.5 percent decrease in copper production to 772,700 metric tons from 826,200 metric tons in 2023.

The company attributed the decline to lower recovery and grades at the Collahuasi and Los Bronces operations in Chile, noting that the planned closure of the Los Bronces processing plant also impacted production. The company holds a 44 percent stake in Collahuasi and 50 percent in Los Bronces.

In addition to Collahuasi, the company also owns a 60 percent stake in the Quellaveco mine in Peru, with Mitsubishi owning the remaining 40 percent. The open pit mine started operating in 2022 and, according to MDO, produced 675 million pounds of copper in 2024.

It also owns a 50 percent stake in the El Soldado mine in Chile, which it operates in partnership with Mitsui, which holds a 30 percent stake, and Mitsubishi Materials (OTC Pink:MIMTF), which holds the remaining 20 percent. Data from MDO shows that the mine produced 48,200 metric tons of copper in 2024.

On September 9, Anglo American announced plans to combine with Canadian mining giant Teck Resources (TSX:TECK.A,TECK.B,NYSE:TECK) in a ‘merger of equals’ to form Anglo Teck, which would be headquartered in Canada. The merged company would focus on critical minerals and become a top-five global copper producer.

7. KGHM Polska Miedz (FWB:KGHA.F)

Copper production: 729,700 metric tons

Poland’s KGHM Polska Miedz has operations in Europe, North America and South America, and says that it controls over 40 million metric tons of copper ore resources worldwide. In 2024, KGHM produced 729,700 metric tons of copper, a slight increase from the 710,900 metric tons of copper produced in 2023.

According to MDO, KGHM’s largest operation is the Polkowice-Sieroszowice mine in Western Poland. The mine has been in operation since 1968 and produces approximately 430 million to 440 million pounds of copper annually.

The company’s Polish operations also include the Rudna mine, which produced 338 million pounds of copper last year, and the Lubin mine, which produced 156 million pounds.

Other options under the KGHM banner include the Robinson mine in Nevada, United States, and the 55 percent owned Sierra Gorda mine in Chile.

8. CMOC Group (OTC Pink:CMCLF,HKEX:3993)

Copper production: ~502,600 metric tons

CMOC Group is a new addition to the top 10 after its copper production jumped significantly in 2024, with its share of production from its joint venture copper-cobalt mines in the Democratic Republic of the Congo totaling approximately 502,600 metric tons. On a 100 percent basis, the company reported annual copper production of 650,161 metric tons.

The majority of CMOC’s copper production came from its Tenke Fungurume copper-cobalt mine, an 80/20 joint venture with the state-owned mining firm Gecamines. According to MDO data, the mine has experienced significant growth over the past few years, ramping up from 400 million pounds of copper in 2020 to 618 million pounds in 2023. In 2024, Tenke Fungurume’s copper production soared to 992 million pounds, or 450,138 metric tons.

Its other DRC mine is Kisanfu, a 71/24/5 joint venture with Chinese battery manufacturer Contemporary Amperex Technology (SZSE:300750) and the DRC government. The mine produced 200,013 metric tons of copper cathode in 2024, up substantially from 114,000 in 2023.

9. Antofagasta (LSE:ANTO,OTC Pink:ANFGF)

Copper production: 448,800 metric tons

Antofagasta’s share of copper production from its four joint venture operations in Chile totaled 448,800 metric tons in 2024.

The company’s largest operation is its 60 percent owned Los Pelambres mine, a joint venture with Mitsubishi. According to MDO, Los Pelambres’ copper production totaled 320,000 metric tons in 2024, up from 300,000 the previous year.

Its Centinela mine is another significant producer, with 224,000 metric tons of copper mined in 2024. The company is constructing a second concentrator at Centinela that, once it comes online in 2027, should add 144,000 metric tons of copper production annually and extend Centinela’s mine life by 15 years to 2051.

The company’s other Chilean joint ventures are the Antucoya and Zaldivar mines.

10. Teck Resources (TSX:TECK.A,TECK.B,NYSE:TECK)

Copper production: 358,910 metric tons

Rounding out the top 10 is Canada’s Teck Resources, which increased consolidated copper production by 50 percent in 2024, reaching 446,000 metric tons. On an attributable basis, the copper company’s production totaled 358,910 metric tons in 2024.

Much of the gain came from the ramp-up of the Quebrada Blanca mine in Chile. The mine started production in 2023 and produced just 122 million pounds of copper that year. 2024 saw a significant advancement, with the mine producing 458 million pounds of the red metal.

Teck holds a 60 percent ownership stake in the mine, while Japan’s Sumitomo (OTC Pink:SSUMF,TSE:8053) controls a 30 percent stake and Chile’s state-run Codelco owns the final 10 percent.

Teck also owns the Highland Valley mine in British Columbia, Canada. The mine is one of the largest open pit mines in Canada and produced 226 million pounds of copper in 2024.

Other copper operations in the Teck portfolio include Antamina in Peru and Carmen de Andacollo in Chile.

On September 8, Teck announced a planned merger of equals with Anglo American to focus on critical minerals and copper production. The combined company is set to be called Anglo Teck and will be headquartered in Canada. The merger is expected to take 12 to 18 months to be completed.

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

This post appeared first on investingnews.com

1911 Gold Corporation (‘1911 Gold’ or the ‘Company’) (TSXV: AUMB,OTC:AUMBF) (OTCQX: AUMBF) (FRA: 2KY) announces that, pursuant to the Company’s long-term incentive plan (the ‘LTIP’), it has granted stock options (the ‘Options’) to Suzette Ramcharan, an employee of the Company who provides investor relation services, to purchase 500,000 shares of the Company (the ‘Shares’) at a price of $1.15 per Share until February 25, 2031. The Options will vest ¼ three months after the date of the grant; ¼ six months after the date of the grant; ¼ nine months after the date of the grant; and ¼ twelve months after the date of the grant. The foregoing Options are subject to acceptance by the TSX Venture Exchange.

1911 Gold Corporation Logo (CNW Group/1911 Gold Corporation)

About 1911 Gold Corporation

1911 Gold is an advanced gold explorer and developer focused on its 100%-owned True North Gold Project in the Archean Rice Lake Greenstone Belt in Manitoba, Canada. The Company controls a large, highly prospective ~62,000-hectare land package with numerous past-producing gold operations within trucking distance of the fully built and permitted True North mine and mill complex. 1911 Gold is positioning itself to restart operations in 2027 and offers a unique, near-term production story with significant exploration upside. The strategy is to build a district-scale gold mining operation around a centralized, and readily expandable infrastructure to support a socially and environmentally responsible, long-term mining operation with little development risk and a growing mineral resource base.

1911 Gold’s True North complex and the exploration land package are located within and among the First Nation communities of the Hollow Water First Nation and the Black River First Nation. 1911 Gold looks forward to maintaining open, cooperative, and respectful communications with all of our local communities and stakeholders to foster mutually beneficial working relationships.

ON BEHALF OF THE BOARD OF DIRECTORS

Shaun Heinrichs
President and CEO

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release contains forward-looking information or forward-looking statements within the meaning of applicable securities laws (collectively, ‘forward-looking statements‘). Often, but not always, forward-looking statements can be identified by the use of words and phrases such as ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or that describe a ‘goal’, or variations of such words and phrases, or statements that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved.

All forward-looking statements reflect the Company’s beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company’s forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, predictions, projections, forecasts, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the terms of the Options, the ability of the Company to receive necessary regulatory approvals for the grant of the Options, and the planned restart of mining operations in 2027, and the timing of such event.

Although 1911 Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, 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 forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

All forward-looking statements contained in this news release are given as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.

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.

SOURCE 1911 Gold Corporation

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2026/25/c5296.html

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

Vice President JD Vance announced Wednesday that the Trump administration is temporarily halting Medicaid funding to the state of Minnesota, giving Democratic Minnesota Gov. Tim Walz 60 days to clean up how the state doles out funding. 

‘We have decided to temporarily halt certain amounts of Medicaid funding that are going to the state of Minnesota in order to ensure that the state of Minnesota takes its obligations seriously to be good stewards of the American people’s tax money,’ Vance said Wednesday at a press event attended by Mehmet Oz, administrator for the Centers for Medicare & Medicaid Services.

The announcement was made after President Donald Trump railed against fraud in the Gopher State Tuesday evening in his State of the Union address. 

The administration and Congress have zeroed in on rampant abuse of federal taxpayers’ funds since December 2025, when details of Minnesota’s fraud relating to social and welfare programs stretching back to the COVID-19 pandemic first came under the national spotlight. Investigators have since estimated the Minnesota scheme could top $9 billion. 

Trump pointed to his vice president as leading the administration’s ‘war on fraud’ during his State of the Union remarks. 

Vance explained Wednesday that ‘we are stopping the federal payments that will go to the state government until the state government takes its obligations seriously to stop the fraud that’s being perpetrated against the American taxpayer.’

The vice president added that officials have verified that a program in Minnesota intended to provide after-school care to autistic children actually benefited fraudsters. 

‘A lot of people are getting rich off the generosity of American taxpayers,’ Vance said. ‘But more fundamentally, and more importantly than that, it means that there are kids in Minnesota who deserve these services, who need these services, and they’re not going to those kids. They’re going to fraudsters in Minneapolis. That is unacceptable. And that’s the sort of thing that we’re cutting off with this action today.’ 

Oz added that the pause marks ‘the largest action against fraud that we’ve ever taken’ at the Centers for Medicare & Medicaid Services, before launching into how the administration is deferring funds to the state.

‘It’s going to be $259 million of deferred payments for Medicaid to Minnesota, which we’re announcing, as I speak, to Gov. Walz and his team,’ Oz said. ‘That’s based on an audit of the last three months of 2025. Restated, a quarter billion dollars is not going to be paid this month to Minnesota for its Medicaid claims.

‘We have notified the state and said that we will give them the money, but we’re going to hold it and only release it after they propose and act on a comprehensive corrective action plan to solve the problem,’ Oz said. ‘If Minnesota fails to clean up the systems, the state will rack up $1 billion of deferred payments this year.’

Walz has 60 days to respond to a letter Oz and the administration sent to Walz on the matter, Oz said. 

Fox News Digital reached out to Walz’s office Wednesday afternoon for comment and has yet to receive a reply. 

Oz said he believes Walz will take the matter seriously and noted fraud is not exclusive to Minnesota. 

‘These schemes disproportionately involve immigrant communities,’ Oz continued. ‘They’re insulated, they’re able to … organize efforts, and sometimes they don’t understand what’s going on.’ 

Vance added that the administration does not want to make this move, but it is needed due to Minnesota being ‘careless with federal tax dollars.’

‘All we need the governor and the administration of Minnesota to do is something quite simple, which is to show that before you give Medicaid funds to somebody, you’re taking seriously whether they provided the services that they say that they’re providing,’ the vice president said, calling the alleged fraud a ‘disgrace.’

Trump spotlighted the fraud in his State of the Union address Tuesday, underscoring that while Minnesota has taken the spotlight, schemes run deep in other states as well. 

‘When it comes to the corruption that is plundering — it really, it’s plundering America — there’s been no more stunning example than Minnesota, where members of the Somali community have pillaged an estimated $19 billion from the American taxpayer,’ Trump said. ‘Oh, we have all the information.

‘And, in actuality, the number is much higher than that, and California, Massachusetts, Maine and many other states are even worse. This is the kind of corruption that shreds the fabric of a nation, and we are working on it like you wouldn’t believe,’ Trump added, before naming Vance the administration’s leader taking on fraud. 

Related Article

JD Vance spearheads
JD Vance spearheads ‘war on fraud,’ promises to root out taxpayer money ‘stolen’ by illegal immigrants

This post appeared first on FOX NEWS

The FBI subpoenaed Kash Patel and Susie Wiles’ phone records in 2022 and 2023, when both were private citizens, as part of a federal probe into then former President Donald Trump, Fox News has confirmed.

Patel is the current FBI director, and Wiles is White House chief of staff.

At least 10 FBI employees were fired Wednesday, Fox News has been told. Names were not given due to privacy reasons.

Reuters first disclosed the subpoenas, which were issued during the Biden administration, while special counsel Jack Smith was investigating Trump’s efforts to overturn the 2020 election and his handling of classified documents at Mar-a-Lago.

Smith ended up charging Trump in 2023 with multiple felony offenses related to alleged efforts to challenge the results of the 2020 election and Trump’s handling of the documents after he left office.

A federal judge later dismissed the election interference case after Smith moved to drop it following Trump’s re-election, citing a Justice Department policy against prosecuting a sitting president. 

Smith also dropped the Justice Department’s appeal of a separate ruling that dismissed the classified documents case. Trump has denied any wrongdoing in both matters.

In a statement to Fox News Wednesday, Patel called the move to seize the phone records ‘outrageous and deeply alarming.’ 

‘It is outrageous and deeply alarming that the previous FBI leadership secretly subpoenaed my own phone records — along with those of now White House chief of staff Susie Wiles — using flimsy pretexts and burying the entire process in prohibited case files designed to evade all oversight,’ he said.

The FBI had found the phone records in files labeled as ‘Prohibited,’ Reuters reported.

Patel also said he recently ended the FBI’s ability to categorize files as ‘Prohibited.’

Fox News also learned from two FBI officials that in 2023, FBI agents recorded a phone call between Wiles and her attorney.

According to those officials, Wiles’ attorney was aware the call was being recorded and consented, but Wiles was not informed.

Smith testified last year that records of members’ calls helped investigators verify the timeline of events surrounding the Jan. 6 Capitol riot.

He said prosecutors ‘followed all legal requirements in getting those records’ and told a House panel the records obtained from lawmakers did not include the content of conversations, Reuters reported.

This is a developing story. Please check back for updates.

Related Article

Grassley: Biden DOJ bypassed constitutional safeguards by subpoenaing senator phone records
Grassley: Biden DOJ bypassed constitutional safeguards by subpoenaing senator phone records

This post appeared first on FOX NEWS

As President Donald Trump vowed to wage a ‘war on fraud’ during his State of the Union address Tuesday, a panel of voters across the political spectrum had mixed reactions.

The panel, assembled by polling group Maslansky + Partners and comprising 29 Democrats, 30 independents and 41 Republicans, gave real-time reactions as Trump spoke. The reactions were displayed on a line graph where high values represented positive reactions and low values indicated negative reactions.

Trump said corruption was ‘plundering America’ and said the most ‘stunning example’ was in Minnesota, where welfare fraud has been a focal point and a child nutrition program scheme, in particular, led to dozens of prosecutions under the Biden administration.

A line graph showed Republican voters were receptive as Trump spoke, while Democratic voters had a negative reaction and independents were neutral.

‘Members of the Somali community have pillaged an estimated $19 billion from the American taxpayer,’ Trump said, an apparent reference to the potential cost of Medicaid fraud in the state since 2018, as revealed by a Minnesota federal prosecutor last year. 

While it is unclear what links the Somali community has to the Medicaid claim, the vast majority of defendants in the separate $250 million child nutrition program fraud findings were of Somali descent.

Minnesota Democratic Gov. Tim Walz has said Trump is ‘demonizing’ the Somali community, that Trump’s claims about his state are overstated and a political distraction and that the president is the ‘biggest fraudster.’

Trump contended during his speech that California, Massachusetts, Maine and ‘many other states’ were ‘even worse’ than Minnesota.

The White House has taken a multi-agency approach to its fraud initiative, giving the Departments of Justice, Treasury, Health and Human Services and others roles in identifying abuse of welfare systems across the country.

‘This is the kind of corruption that shreds the fabric of a nation, and we are working on it like you wouldn’t believe,’ Trump said. ‘So, tonight, although it started four months ago, I am officially announcing the war on fraud to be led by our great vice president, JD Vance.’

Trump claimed that if the administration could find enough fraud, ‘we will actually have a balanced budget overnight.’

‘It’ll go very quickly,’ Trump said. ‘That’s the kind of money you’re talking about. We’ll balance our budget.’

Related Article

Senate Dem says he left the State of the Union address because he couldn
Senate Dem says he left the State of the Union address because he couldn’t endure ‘hours of Trump’s lies’

This post appeared first on FOX NEWS