Author

admin

Browsing

Terror group Hamas has released two more hostages, with a third, an American-Israeli citizen Keith Siegel, expected to be freed later Saturday as part of the ceasefire agreement with Israel. 

Hamas handed over Ofer Kalderon and Yarden Bibas to the Red Cross, and both were expected to be given over to IDF soldiers. 

Siegel, 65, was raised in North Carolina and immigrated to Israel as a young man, becoming a dual U.S.-Israeli citizen. He and his wife, Aviva, settled in Kibbutz Kfar Aza. He had been held in Gaza since October 7, 2023, when both were kidnapped from their home during the Hamas massacre. 

Aviva Siegel, who was freed in the last hostage deal in November, previously told Fox News about her fears for his deteriorating health, emphasizing that the fight is not over until all hostages return. Alongside Siegel, French-Israeli Ofer Kalderon and Yarden Bibas were also freed. Bibas’ wife and two young children remain in captivity.

Siegel would be the first American freed under the current ceasefire deal. So far, 10 Israeli hostages and five Thai nationals abducted on October 7 have also been released. Six Americans remain in Gaza. Among them, Sagui Dekel-Chen, a 36-year-old father of three, is expected to be freed soon. Another captive, Edan Alexander, 21, from New Jersey, was serving in the IDF when taken. Hamas also holds the bodies of deceased hostages.

Securing the release of U.S. citizens and other hostages remains a top priority for President Donald Trump, who warned Hamas would face ‘all hell to pay’ if they failed to comply. White House envoy Steve Witkoff, closely monitoring the situation, recently became the first U.S. official to visit Gaza in 15 years. ‘There is almost nothing left of Gaza,’ Witkoff told Axios, estimating that full reconstruction could take 10 to 15 years. He stressed that advancing the hostage deal is key to stabilizing the region and broader diplomatic efforts, including Saudi-Israeli normalization talks.

For the families of those still in captivity, the struggle is far from over. Yechi Yehoud, father of released hostage Arbel Yehoud who was released on Thursday, delivered an emotional statement upon his daughter’s return. 

‘Arbel has come back to us in reasonable health, considering the hell she endured. She survived heroically until the very end, displaying immeasurable courage. We are here also to express our gratitude to President Trump, and his Middle East Special Envoy Mr. Steve Witkoff, who knew how to speak ‘Trump language’ in the Middle East and leverage full diplomatic pressure for the hostages’ return… We won’t rest until we know they’re back with us, alive!’

The ceasefire, which has temporarily halted a brutal 15-month war, is unfolding in phases. Each stage involves the staggered release of Israeli hostages in exchange for Palestinian prisoners and increased humanitarian aid into Gaza. However, the process has faced setbacks, including horrific scenes this week when Hamas paraded hostages before an angry mob, endangering their safety. The chaotic handover to the Red Cross sparked outrage in Israel. Prime Minister Benjamin Netanyahu briefly halted the reciprocal release of Palestinian prisoners, warning Hamas against further disruptions.

The current plan includes additional hostage releases in the coming weeks, with 33 captives expected to be freed over six weeks. In return, Israel will release 2,000 Palestinian security prisoners, including 250-300 convicted of deadly attacks, and allow increased humanitarian aid into Gaza. Whether Hamas will fully comply remains uncertain, putting the fragile truce at risk.

Amid high-stakes ceasefire negotiations, Netanyahu has accepted an invitation from President Trump to visit Washington on February 4, making him the first foreign leader to meet Trump in his second term. The visit will focus on the hostage deal, ceasefire discussions, and broader security concerns, including Iran and Gaza’s reconstruction.

This post appeared first on FOX NEWS

Carolina Aló was 17 years old the night her father, Edgardo, saw her for the last time. In their final conversation, he pleaded with Carolina to leave her boyfriend because of the way he treated her.

Almost 30 years later, Edgardo remembers the following night as if it were today.

By the time he arrived, his daughter was already dead. She had been stabbed 113 times by her boyfriend Fabián Tablado a week before her 18th birthday.

That cold Monday in 1996 was the beginning of a long fight by Edgardo to get justice for his daughter – one that would span decades and culminate in his testimony playing a pivotal role in a wider campaign to revise Argentina’s penal code to recognize femicide as an aggravating factor in homicide cases.

That campaign – led by women’s movements and human rights organizations – finally succeeded when Argentina’s government changed the code in 2012, but now, more than a decade on, many campaigners like Edgardo are wondering if their fight was in vain.

On January 24, Argentina’s Minister of Justice Mariano Cúneo Libarona warned on X that the government of President Javier Milei would seek to eliminate femicide from the penal code on the grounds it was a distortion of the concept of equality.

“This administration defends equality before the law, as enshrined in our national Constitution. No life is worth more than another,” he wrote.

Critics say the move is just the latest by the right-wing Milei government to clamp down on women’s rights. It comes after the president spoke out against the concept of femicide and what he called “radical feminism” at the World Economic Forum in Davos.

“We have even got to the point of normalizing the fact that in many supposedly civilized countries, if you kill a woman, it is called femicide. And this carries more serious punishment than if you kill a man simply based on the sex of the victim – legally making a woman’s life be worth more than that of a man,” Milei told the forum.

But campaigners warn that such reform misunderstands the nature of femicide and will put Argentine women in greater danger.

“The violent death of women for reasons of gender is often perpetrated by people in their inner circle, generally current or former partners, or even by strangers, but in a context that includes contempt for the victim, humiliation and sexual assault,” explained Natalia Gherardi, a lawyer specializing in gender and co-director of the network of health and legal professionals RedAas.

“In general, men are more likely to be victims of murder, but the difference is that women are more likely to be murdered by people in their circle of trust. If one does not understand that the form, the way, the place, the perpetrator of this extreme violence is different, there is no way to have adequate policies to protect these women,” said Gherardi.

According to the Ombudsman’s Office of the Nation, from January 1 to November 15, 2024, there were 252 femicides in Argentina. Two thirds of the victims were murdered at home, while 84% were killed by someone with whom they had a previous relationship.

‘I had to go out and fight’

At the time of Carolina’s killing in the 1990s, sentences for men who killed women in the context of gender violence ranged between eight and 25 years in prison – and these could be reduced by mitigating factors such as good conduct in prison.

For Edgardo, the 24-year sentence handed to his daughter’s killer was too lenient; in his view, it failed to reflect the full horror of her killing. The more than 100 stab wounds inflicted on his daughter were made with at least three different knives. Yet her death was classified at the time as “simple homicide,” according to the sentence.

Experts on femicide say it is exactly these sort of details that single it out as distinct from other homicides, that may or may not involve a woman.

As Mariela Belski, executive director of Amnesty International Argentina, puts it: “A femicide is always a homicide, that is, the death of a person at the hands of another. However, the murder of a woman is not necessarily a femicide. For it to be considered a femicide, there must be a particular violence, a specific context. Femicides are rooted in a system that reinforces discrimination against women’s lives. At the same time, they reproduce stereotypes of masculinity associated with physical strength and the power to control women.”

In Edgardo’s case, he was shaken too by the knowledge his daughter’s murderer was asking to be released early and his fears of what might happen to other women. (Indeed, while in prison Tablado was found guilty of threatening another one of his partners, and had an extra two years and six months added to his sentence).

So Edgardo set about knocking on doors, spending years meeting lawyers, jurists and presidents, joining a wider movement by campaigners to change the law.

“I had to go out and fight because the law did not protect me. The judges did not protect me,” Edgardo recalls.

Living in fear

After years of pushing, Edgardo and his fellow campaigners were rewarded with a bittersweet victory in 2012, when the change to the penal code recognized femicide and upped the maximum sentence to life imprisonment.

Now, more than a decade later, under the Milei government, that hard-fought victory is coming under threat.

One of the first signs came in August 2024, when Milei’s government weakened a support program that provides subsidies to victims of gender-based violence so that they do not have to stay in the place where they are being abused – which for many, is in their family home.

The government’s move reduced the length of support from six to three months and introduced a requirement that applicants produce a police report confirming their situation. But critics point out that many victims of domestic violence feel too scared to go to the police in the first place.

As Belski, of Amnesty International, put it: “It is extremely worrying that the specificity of this type of crime and the obligations of the Argentine state to prevent, punish and eradicate violence against women, which have constitutional roots, are not understood.”

Meanwhile, 28 years and eight months later, Fabián Tablado is now free, having served his sentences.

The courts have assigned him an electronic ankle bracelet and a restraining order to protect his ex-partner and Edgardo Aló – an order he has in the past violated.

Edgardo says he lives with an anti-panic button in his pocket.

For him, life was put on hold in 1996. Every Christmas, he says, he keeps a glass on the family table for his beloved daughter.

This post appeared first on cnn.com

Six Americans who had been detained in Venezuela are heading home to the US, President Donald Trump announced Friday, after his envoy met with the country’s President Nicolás Maduro.

US officials have not yet given details of the six detainees released, but Trump’s envoy for special missions Richard Grenell posted a picture on X of himself with the men aboard a plane.

“I’ve just been informed that we are bringing six hostages home from Venezuela,” Trump wrote in a post on Truth Social. “Thank you to Ric Grenell and my entire staff. Great job!”

Grenell’s picture shows four of the released Americans wearing light blue outfits commonly worn by people held in the Venezuelan prison system.

“We are wheels up and headed home with these six American citizens. They just spoke to President Trump, and they couldn’t stop thanking him,” Grenell wrote in his post.

Maduro’s claim to a third term has been contested by the country’s opposition, which has published thousands of voting tallies that suggested their candidate, Edmundo Gonzalez, won the election in July last year. They were backed by independent observers such as the Carter Center and the Colombian Electoral Mission.

Like the European Union, the United Kingdom and Canada, the US does not recognize Maduro as Venezuela’s legitimate leader. It has placed a raft of sanctions or visa restrictions on Maduro-aligned officials. Washington has no diplomatic presence in Venezuela.

In September the US seized Maduro’s airplane.

Friday’s prisoner release came after a meeting between Grenell and Maduro, which had been expected to cover the deportation of Venezuelan nationals from the US. Trump has prioritized his campaign promise of mass deportations but Maduro has refused to take Venezuelan nationals back – and the US has generally been unable to send Venezuelans back because of frosty relations.

Gonzalez, who the US recognizes as Venezuela’s president-elect and who attended Trump’s inauguration, has warned the White House against cutting a deal with Maduro on deportation flights.

As Grenell headed to the meeting on Friday, Trump was asked if his envoy being photographed with Maduro would lend legitimacy to the Venezuelan leader.

The US President told reporters he wanted to “do something with Venezuela,” but noted that he was “a big opponent of Venezuela and Maduro.”

“They’ve treated us not so good, but they’ve treated, more importantly, the Venezuelan people, very badly,” he said.

Maduro said in an annual speech to the judiciary late on Friday evening that the meeting with Grenell had yielded some initial deals and he looked forward to “new deals for the good of the two countries and the region,” according to Reuters.

“President Donald Trump, we have made a first step, hopefully it can continue,” Maduro said.

Maduro and Grenell also discussed issues of migration and sanctions, according to a Venezuelan government statement on Friday.

Under Maduro – in office since 2013 – oil-rich Venezuela has fallen into a deep economic and political crisis, gripped by hyperinflation. Millions of people have fled the country in fear and desperation.

The State Department advises Americans against traveling to Venezuela, warning that “there is a high risk of wrongful detention of U.S. nationals.”

Nine Americans were brought home from Venezuela by the Biden administration in 2022 after five years of detention in the country.

In December 2023, the US secured the release of six wrongfully detained Americans and four other Americans held in Venezuela.

This post appeared first on cnn.com

“You have to make a decision. Do you want to have the party of [Chancellor] Olaf Scholz and all those eunuchs? Or are you on our side, with Elon Musk and Donald Trump? Which side has more sex appeal?”

Minutes later, Musk made a surprise video appearance beamed into the conference center. There was plenty of love in the room for Trump and his new administration from senior party officials.

The AfD has been riding high in the polls and could finish second in elections later this month.

Some of the rhetoric from Halle begs the question: is the AfD infatuated with Trump? And if so, why? The traffic has largely been one way – Musk aside, the new US president himself hasn’t spoken about the election or the party, which appears determined to forge an alliance.

And perhaps for good reason. Both the US and Germany have similar issues of mass migration and economic headwinds. And both parties have laid the blame for those issues at the feet of the governing class of ‘liberal’ parties, in their words.

Tino Chrupalla, the AfD co-leader, who attended the Capital One rally in Washington on inauguration day, also spoke in glowing terms about the US president.

Addressing the crowd before Weidel, he said, “You could feel the optimism and hope in the president. The American people felt liberated.” Chrupalla added: “He (Trump) implemented his election promises… That’s what I call politics for the people.”

Matthais Quent is a researcher and author on extremism, in particular the AfD and Germany’s far right. He says the attention from Musk is unchartered territory for the party, and they are harnessing it to their benefit.

Not every observer would agree with the assessment of Trump’s administration, but certainly, there is considerable overlap both in policy and in strategy.

“It’s nationalism, it’s populism, it’s anti-immigration, it’s disruption,” Quent says.

Across Europe there has been a wave of far-right parties coming to power on largely populist platforms. Viktor Orban, Hungary’s prime minister, is a longtime Trump supporter and welcomed his return to office.

Robert Fico, prime minister of Slovakia, who also survived an assassination attempt last year, has openly said his policies align closely with those of Trump.

As for the Musk-AfD alliance, Quent thinks they are flattered by his interest and are seizing an opportunity.

“The AfD has never had such open support by a whole government, or by a guy next to the government. They had support form very rich people in Europe and from Germany, but it was hidden and not public… he helps them to be seen as a normal political party which is the narrative of all far-right populist movements in the world,” Quent said.

At the campaign event in Halle, Musk repeated a common trope of his in this election, saying the AfD is Germany’s “best hope” before adding, “it’s good to be proud of German culture, German values, and not to lose that in some sort of multiculturalism that dilutes everything.”

Musk also caused controversy this week as commemorations of the 80th anniversary of the liberation of Auschwitz camp complex were held.

The billionaire said there’s “too much of a focus on past guilt, and we need to move beyond that.”

Musk’s remarks mirrored the AfD’s long-held position that Germany should stop atoning for crimes committed by the Nazis in the past.

The comments irked Scholz, who called Musk’s words “disgusting.”

However, Quent questions how much Musk’s involvement is translating to support in the polls. He believes the AfD’s rise may be more accurately attributed to the weakness of the government and how social debates are focusing on the hot-button AfD issues, such as immigration.

Currently polling at roughly 21% would make the AfD the second largest political force in Germany and the first far-right party in that position since the Nazi era.

But the reality is they are likely to be frozen out of government. There has long been an agreement between Germany’s larger parties to refuse forming a government or passing laws with AfD assistance – it’s known as the “firewall.”

However, debates on tighter immigration legislation held this week in the Bundestag and, particularly a vote on Friday called the “influx limitation act” have been spearheaded by the favorite for chancellor, Friedrich Merz of the Christian Democratic Union (CDU).

The moves show the kind of impact the AfD are having on the campaign and major parties. Merz lost the vote on Friday, handing what people see as a victory for the AfD and a dent to his own campaign.

Regardless of how German voters may see the involvement from the US, Quent says, “in general, [the AfD leadership] are in favor of Trump, and they feel and they have a momentum right now.”

This post appeared first on cnn.com

Following a meeting with Venezuelan President Nicolás Maduro in Caracas to discuss, in part, the release of Americans being held in the country, Richard Grenell, President Donald Trump’s envoy for special missions announced on X Friday night that he was returning to the U.S. with six of them.

‘They just spoke to @realDonaldTrump and they couldn’t stop thanking him,’ Grenell said in his post without identifying the six men, four of whom were dressed in light-blue Venezuelan prison outfits.

It’s been reported that at least nine Americans have been held by Venezuela where Maduro’s officials have accused most of them of being involved in terrorism or acting as ‘mercenaries.’

On a call earlier on Friday with reporters, Mauricio Claver-Carone, the U.S. special envoy on Latin America, said that ‘American hostages need to be released immediately, unequivocally.’

But he added that ‘this is not a quid pro quo. It’s not a negotiation in exchange for anything. Trump himself has made that very clear.’

The Venezuelan government said in a statement that the meeting between Maduro and Grenell at the presidential palace ‘took place with mutual respect and diverse issues of interest to both countries were discussed,’ including about migration, sanctions and detained Americans, as Reuters reported.

Less than a month ago, Maduro was sworn in for a third six-year term as Venezuela’s president. However, the U.S. government does not recognize him as the country’s legitimate head of state and instead believes that Edmundo González, the opposition coalition candidate, won the recent election by more than a two-to-one margin.

At the Oval Office on Friday, Trump said that he is ‘a very big opponent of Venezuela and Maduro.’

‘They’ve treated us not so good. But they’ve treated, more importantly, the Venezuelan people very badly.’

Grenell’s hours-long Friday visit to Venezuela was also intended to compel Maduro to accept the return of some 400 members of the Venezuelan Tren de Aragua gang, which the country’s attorney general, Tarek Saab, has said was dismantled in 2023.

The deportations need to occur ‘without conditions’ and was ‘non-negotiable,’ said Claver-Carone.

This post appeared first on FOX NEWS

The S&P/TSX Venture Composite Index (INDEXTSI:JX) saw a 1.6 percent gain on the week to close at 623.75 on Friday (January 31). Meanwhile, the S&P/TSX Composite Index (INDEXTSI:OSPTX) posted a 0.73 percent increase to hit 25,533.10. On the other hand, the CSE Composite Index (CSE:CSECOMP) was down 0.43 percent to reach 134.28.

Late Thursday (January 29) evening, Donald Trump announced that a previously threatened 25 percent tariff would be imposed on all goods entering the United States from Mexico and Canada beginning on Saturday (February 1).

A report from Reuters early on Friday seemed to offer some reprieve, with sources telling the agency that the administration was pushing back the start date for tariffs to March 1. However, the idea was rejected later in the day by White House Press Secretary Karoline Leavitt, who said the report was false.

The situation, which remains fluid, follows months of threats from the new US President, who had previously cited security concerns at the country’s northern and southern borders as the reason for the tariffs. However, more recently, his reasoning appeared to also include a trade imbalance with Canada.

There has been some uncertainty about whether Trump will permit carve-outs for oil imports, but the industry saw some pullback on Friday as the administration said it wouldn’t apply the full 25 percent tariffs to oil and gas until February 18.

Trump also indicated that exemptions may hinge on ‘if the oil is properly priced, if they treat us properly.’ Currently, the price of Western Canadian Select is US$60.38 per barrel. A 25 percent tariff would increase the price for US buyers to US$75.48, making it costlier than West Texas Intermediate, which trades at US$72.55 per barrel.

In Friday’s press announcement, copper was also offered an exemption for the time being, with tariffs set to come in at a yet-to-be-determined date.

It is unclear how Canada will respond to tariffs, but Ontario Premier Doug Ford said his province would consider cutting off the electricity it supplies to the US states of Michigan, New York and Minnesota. This move would immediately impact 1.5 million homes in those states.

Any tariffs the United States applies to its neighbors may also violate the USMCA trade agreement between the three, and could trigger legal action by Canada and Mexico. President Trump negotiated and signed the USMCA, which replaced NAFTA, during his first term in office, and it is valid until 2036. The deal will undergo yearly reviews beginning in 2026, at which point its terms can be modified or extended beyond its original expiry date.

It is unknown how much the prospect of tariffs affected key decisions earlier in the week by the US Federal Reserve and the Bank of Canada. When pressed, the central banks both maintained a neutral stance, largely avoiding the question of the Trump administration’s policy decisions.

On Wednesday (January 29), the Fed decided to maintain its benchmark rate in the 4.25 to 4.5 percent range. In his remarks, Chairman Jerome Powell cited continued economic growth and a balanced US workforce.

North of the border, Bank of Canada Governor Tiff Macklem announced that the BoC would cut its key rate by 25 basis points to 3 percent. In his statements he noted that, while tariffs were on the top of his mind, there was little the central bank could do through monetary policy to offset them.

The markets experienced high volatility this week following selloffs prompted by advancements from the Chinese AI startup DeepSeek and retail giant Alibaba (NYSE:BABA) earlier in the week. DeepSeek has emerged as a competitor to generative AI models like ChatGPT with significantly lower energy usage and investment needed.

The news also had a significant impact on uranium markets, which were seeing support from the need to power data centers to train AI. The price of uranium fell as much as 6.5 percent to US$68.70 per pound before recovering to US$71.20 per pound, and a selloff in uranium stocks led to double-digit falls for multiple major companies.

Markets opened the week down significantly on the tech news, but recovered some of their losses through the week. the S&P 500 (INDEXSP:INX) was up 1.2 percent to end Friday at 6,040.52 while the Nasdaq 100 (INDEXNASDAQ:NDX) gained 2.28 percent to 21,478.05. Meanwhile, the Dow Jones Industrial Average (INDEXDJX:.DJI) climbed 0.9 percent to 44,544.67.

Gold saw further gains this week, setting a new all-time high during intraday trading on Friday as it pushed toward the US$2,820 mark. Overall, the gold price increased 1.16 percent during the week to close at US$2,801.79 per ounce on Friday at 4 p.m. EST, its highest ever close. Silver performed strongly as well, closing the week up 2.34 percent at US$31.28.

On the other hand, the copper price fell 0.92 percent for the week to close at US$4.29 per pound on the COMEX, and the S&P GSCI (INDEXSP:SPGSCI) was down 1.61 percent to close at 561.93.

So how did mining stocks perform against this backdrop? We break down this week’s five best-performing Canadian mining stocks below.

Data for this article was retrieved at 4:00 p.m. EST on January 31, 2024, using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market capitalizations greater than C$10 million are included. Companies within the non-energy minerals and energy minerals sectors were considered.

1. Belo Sun Mining (TSX:BSX)

Company Profile

Weekly gain: 71.43 percent
Market cap: C$114.35 million
Share price: C$0.24

Belo Sun Mining is an exploration and development company focused on advancing its Volta Grande gold project in Brazil.

The property covers approximately 2,400 hectares within the Tres Palmeiras greenstone belt in Para State, Brazil. The company has been working on the project since 2003, and acquired necessary development permits in 2014 and 2017.

A 2015 mineral reserve estimate demonstrated proven and probable resource of 3.79 million ounces of gold from 116 million metric tons of ore with an average grade of 1.02 grams per metric ton (g/t).

Development at the site stalled in 2018 after a federal judge ruled that the Federal Brazilian Institute of the Environment (IBMA) would be the competent authority for issuing environmental permits. The decision was overturned in 2019 with the Secretariat of Environment and Sustainability of the State of Para (SEMAS) reassuming its permitting authority. The decision was once again reversed in September 2023, returning authority to IBMA.

The company’s share price began climbing on January 23, when Belo Sun announced that the Federal Court of Appeals had reassigned SEMAS as the permitting authority for the Volta Grande project. The company said it was pleased with the decision as it enjoys a constructive and transparent relationship with the SEMAS and the agency is familiar with the project.

Belo Sun’s most recent news came on Monday (January 27), when it announced that La Mancha Investments had appointed Jack Lunnon as a new board director of Belo Sun. La Mancha acquired a 17.1 percent stake in Belo Sun in December 2024, which also gave it the right to select a board member.

2. Finlay Minerals (TSX:FYL)

Company Profile

Weekly gain: 66.67 percent
Market cap: C$10.51 million
Share price: C$0.100

Finlay Minerals is an exploration company working to advance a portfolio of projects in British Columbia, Canada.

The company’s Silver Hope property covers 21,691 hectares in the Skeena Arch region of Central BC. It is home to the past-producing Equity Silver mine. The company is working on several advanced targets on the site, including the Main and West, which are home to promising zones that host deposits of copper, silver and molybdenum.

Finlay’s SAY property is a 10,587 hectare site located in the Stikine Terrane, 140 kilometers north of Smithers. It hosts multiple deposits with copper, silver and molybdenum mineralization. Its ATTY property is a 4,498 hectare site in the southern Toodoggone region. The region has known deposits of copper, gold and silver mineralization, and the company has identified two porphyry targets.

The company has been working most recently on the PIL gold property, which is also located in the Toodoggone mining district. A 2016 discovery revealed a significant copper and silver porphyry system and a silver and gold epithermal system.

Hecla Mining (NYSE:HL) subsidiary ATAC Resources previously had an option in place to earn a 70 percent stake in the project. However, in an update released on January 20, Finlay indicated that the agreement was terminated on December 27.

The company also announced results from diamond drill holes in the PIL South target, including a broad interval that measured 0.1 percent copper, 0.05 g/t gold, 7.1 g/t silver and 0.18 percent zinc over 162 meters.

The company added that it was reviewing exploration data and would be assessing the next steps for a 2025 exploration program, with a focus on PIL South, following Amarc Resources’ (TSXV:AHR,OTCQB:AXREF) significant AuRORA discovery at its Joy property, which borders PIL South.

3. Discovery Silver (TSX:DSV)

Company Profile

Weekly gain: 58.16 percent
Market cap: C$616.71 million
Share price: C$1.55

Discovery Silver is a precious metals development company focused on advancing its Cordero silver project in Mexico. Additionally, it is looking to become a gold producer with its recently announced acquisition of the producing Porcupine Complex in Ontario, Canada.

Cordero is located in Mexico’s Chihuahua State and is composed of 26 titled mining concessions covering approximately 35,000 hectares in a prolific silver and gold mining district.

A 2024 feasibility study for the project outlined proven and probable reserves of 327 million metric tons of ore containing 302 million ounces of silver at an average grade of 29 g/t silver, and 840,000 ounces of gold at an average grade of 0.08 g/t gold. The site also hosts significant zinc and lead reserves.

The report also indicated favorable economics for development. At a base case scenario of US$22 per ounce of silver and US$1,600 per ounce of gold, the project has an after-tax net present value of US$1.18 billion, an internal rate of return of 22 percent and a payback period of 5.2 years.

Discovery’s shares gained significantly this week after the company announced on Monday that it had entered into a deal to acquire the Porcupine Complex in Canada from Newmont (TSX:NGT,NYSE:NEM).

The Porcupine Complex is made up of four mines including two which are already in production: Hoyle Pond and Borden. Additionally, a significant portion of the complex is located in the Timmins Gold Camp, a region known for historic gold production.

Discovery anticipates production of 285,000 ounces of gold annually over the next 10 years and have a mine life of 22 years. Inferred resources at the site point to significant expansion, with 12,493.5 million ounces of gold, from 254.5 million metric tons of ore with an average grade of 1.53 g/t.

Upon the closing of the transaction, Discovery will pay Newmont US$200 million in cash and US$75 million in common shares, and US$150 million of deferred consideration will be paid in four payments beginning on December 31, 2027.

4. Radius Gold (TSXV:RDU)

Company Profile

Weekly gain: 64.29 percent
Market cap: C$10.74 million
Share price: C$0.115

Radius Gold is a junior exploration company working on the discovery and advancement of prospective gold and copper projects in Latin America.

Its most recent focus has been on its Tierra Roja project located in the Arequipa region of Southern Peru. The site covers an area of 1,870 hectares and hosts silica-sericite alteration with outcroppings of copper oxide mineralization. According to the project page, prospecting on the site has produced chip samples with grades of 1.25 percent copper over 35 meters and 2.1 percent over 20 meters.

The company also owns the Amalia gold silver project in Chihuahua, Mexico, operated in partnership with Pan American Silver (TSX:PAAS,NYSE:PAAS), which owns a 65 percent stake in the project.

The property covers 6,450 hectares and has yielded high-grade drill results, including 12.39 g/t gold and 309 g/t silver over 44 meters at the Amalia target, 2.59 g/t gold and 353 g/t silver over 26.9 meters from the California target and 10.25 g/t gold and 841 g/t silver over 13.6 meters from the El Cuervo target.

Radius has not released news in 2025; instead, shares appear to be up following a high-grade copper gold porphyry discovery by AusQuest (ASX:AQD,OTC Pink:AUQSF) announced on January 23. The discovery is located very close to Radius’ Tierra Roja property in Peru.

5. Gensource Potash (TSXV:GSP)

Company Profile

Weekly gain: 42.86 percent
Market cap: C$40.48 million
Share price: C$0.100

Gensource Potash is a potash development company focused on advancing potash projects in Saskatchewan, Canada. The company aims to create a series of sustainable potash production facilities.

The Tugaske project, the company’s flagship project, is part of its Vanguard area, located about halfway between major cities Regina and Saskatoon.

According to the company website, construction of the project will begin once it secures last-mile financing. Once complete, the operation is expected to produce 250,000 metric tons of potash annually. Gensource has already secured a 100 percent purchase agreement with HELM Fertilizers for the first 10 years of production.

Shares in Gensource saw gains this week, although the company has not released news in 2025. Its last significant update on the Tugaske project came in December 2023 when it announced the Vanguard North 3D seismic program.

FAQs for Canadian mining stocks

What is the difference between the TSX and TSXV?

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

How many companies are listed on the TSXV?

As of June 2024, there were 1,630 companies listed on the TSXV, 925 of which were mining companies. Comparatively, the TSX was home to 1,806 companies, with 188 of those being mining companies.

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

How much does it cost to list on the TSXV?

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

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

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

How do you trade on the TSXV?

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

Article by Dean Belder; FAQs by Lauren Kelly.

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

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

This post appeared first on investingnews.com

President Donald Trump has called for an expansive, next-generation missile defense shield for the mainland United States, something modeled on Israel’s formidable defenses, typified by its signature Iron Dome system.

A defensive dome for the US – a country hundreds of times the size of Israel – would require massive scale, as well as space-based interceptors, and almost certainly be decades away.

Yet on the piece of US soil perhaps most vulnerable to missile attacks – the Pacific island of Guam – work is well underway on the kind of multi-layered missile defense that could point the way.

However, experts say even that faces steep challenges.

“There are no fast or panacea solutions, and we are making the decisions late in the game even though visionary military and political leaders saw this coming in the 1990s,” said Carl Schuster, a former director of operations at the US Pacific Command’s Joint Intelligence Center.

Guam’s early success

The US territory of Guam, a 210-square-mile island in the Pacific Ocean, is home to just under 175,000 people. It also hosts Andersen Air Force Base – a key deployment base for US Air Force bombers such as the B-1 and B-52 and sometimes the stealthy B-2 – and is homeport to US nuclear attack submarines that could be vital in any defense of Taiwan.

The island is less than 1,900 miles (3,000 kilometers) from China (PRC) and 2,100 miles from North Korea. Mockups of it have shown up in China’s military propaganda videos, and North Korea has made threats against it.

But the US military has not stood still, advancing its ability to defend against regional threats.

Just last December, the US Missile Defense Agency (MDA) conducted the first successful intercept of a ballistic missile target from the island using the Aegis Guam System, which fired a land-based interceptor of the type that US Navy ships have used to destroy ballistic missile targets in testing.

“Current forces are capable of defending Guam against today’s North Korean ballistic missile threats. However, the regional threat to Guam, including those from PRC, continues to rapidly evolve,” the MDA’s director for operations, Michelle Atkinson, said in 2023.

In the December test, a US Air Force C-17 plane released a medium-range ballistic missile target off Guam’s coast. After the target was tracked by powerful radar, an interceptor was fired from a Vertical Launch System on the island, taking it out outside Earth’s atmosphere, according to releases by MDA and Lockheed Martin, the manufacturer of the Aegis system on Guam.

It was a “a critical milestone in the defense of Guam and the region,” said US Navy Rear Adm. Greg Huffman, commander, Joint Task Force-Micronesia.

But the intercept test went beyond the land-based Aegis system, with other military elements testing systems that would form key parts of the multi-layered concept Trump would like to see.

That’s something akin to what Israel fields, a four-tiered system often lumped under the “Iron Dome” moniker, after its best-known and lowest layer. While the Iron Dome combats incoming rockets and artillery weapons, David’s Sling protects against short- and medium-range threats, and the Arrow 2 and Arrow 3 systems stop ballistic missiles.

In a nod to a similarly layered defensive structure, US Indo-Pacific Command said it used December’s intercept to test tracking capabilities of the US Army’s Terminal High Altitude Area Defense (THAAD) system based on Guam.

THAAD is designed to stop incoming missiles in their terminal, or descent, phase of flight, while Aegis makes its intercept in the mid-course phase, outside Earth’s atmosphere, before the missiles dive on their target.

The US military also employs Patriot missile batteries, designed to make much lower-altitude intercepts, as the final phase of Guam’s defense. Both the THAAD and Patriot systems have been successfully used in combat.

All three – Aegis, THAAD and Patriot – will eventually form what is called the Enhanced Integrated Air and Missile Defense System (EIAMD) on Guam, which the MDA says will provide “360-degree coverage, and layered defense against regional ballistic, maneuvering ballistic, hypersonic glide, and cruise missile threats.”

That system would also rely on input from US satellites and space-based sensors, according to the MDA, inching it closer to Trump’s missile defense vision.

Difficult challenges

But the timeline for full Guam missile defense – expected to take at least a decade to put together – is indicative of the challenges in constructing any system to fight ballistic and hypersonic glide missiles. That’s not helped by constant technological advances in missile technology, which often evolves more quickly than ways to defend against it.

And Trump’s concept of a next-generation missile defense for the continental US goes well beyond what is still years away on Guam, an island about 10 times the size of Manhattan.

In his executive order, Trump said he would “direct (the US) military to begin construction of the great Iron Dome missile defense shield, which will be made all in the USA,” as the US faces a “catastrophic threat” from ballistic, cruise and hypersonic missiles.

His ambitious executive order called for an acceleration in “the development and deployment of Hypersonic and Ballistic Tracking Space Sensor Layers, proliferated space-based interceptors, a Proliferated Warfighter Space Architecture, capabilities to defeat salvoes prior to launch, non-kinetic missile defense capabilities, and underlayer and terminal-phase intercept capabilities.”

Trump’s order does not give any estimate of the costs of such a system, but several hundreds of billions of dollars would probably be a conservative estimate.

“The costs of reliably defending an area the size of the United States against a wide variety of threats at multiple different intercept points would be astronomical,” said Matt Korda, associate director of the Nuclear Information Project at the Federation of American Scientists.

And as far as money goes, the advantage goes to the attacker.

“Offense is cheaper than defense every single time,” Korda said.

Even if US technology can develop and deploy all that Trump is asking for, impregnable missile defense could still prove impossible.

Though it is touted by many as the world’s best missile defense, attacks by Iran last year showed that the Iron Done is far from unbeatable, with projectiles fired by Tehran and Houthi rebels landing in Israel.

Iran achieved that by firing large numbers of weapons at Israel. While many of the around 180 missiles launched were intercepted, some got through. Missile defense experts have long pointed out that’s one way to beat any missile defense system.

Schuster, a former US Navy captain who worked on the Aegis missile defense system in its early days, said missile defenses can be “saturated,” pointing out that the incoming ballistic missile knows where it’s going, but the interceptors have to be directed to their target.

“You can only guide so many (interceptors) at any one time while the ballistic missile has an internal guidance system,” Schuster said.

The problem for defenders becomes more difficult once warheads with “maneuverable reentry vehicles” – which can change directions after they reenter the atmosphere and approach targets from different directions – are added. Both China and Russia have such capabilities.

“A target coming directly at you is the easiest to intercept. The greater the lateral displacement from that, the more challenging the intercept equation,” Schuster said.

Adversaries can compound that problem by firing decoy missiles, which distract from more important targets – which if they involve nuclear warheads, could do catastrophic damage.

The long road ahead

Of course, all that comes into play once a system is actually deployed.

And, according to Schuster, the biggest stumbling block for Trump’s shield plan could be a US production and procurement system that has been neglected – despite the early successes demonstrated on Guam.

“Our production rates are criminally low in my opinion,” he said. “We have been asleep at the switch … for over a decade.”

And it’s not just a manufacturing infrastructure problem, it’s also the limited knowledge and skills to produce them, Schuster said.

“We are going to have to invest in both plant, which we do well, and people, which we don’t do well.”

This post appeared first on cnn.com

After more than 80 years hidden beneath the waves off Rio de Janeiro, the location of a Brazilian troop transport ship torpedoed and sunk by Nazi Germany was definitively confirmed by Brazil’s navy this week.

The wreck of the Vital de Oliveira was initially discovered in 2011 by a pair of brothers, Jose Luíz and Everaldo Popermeyer Meriguete. As recently as July, the Brazilian navy had told Brazil’s O Globo newspaper that it could not confirm whether the hulk lying 45 kilometers (28 miles) from the coast was indeed the ship in question.

As part of a scientific expedition to obtain the exact location of the wreck, the navy officially confirmed the brothers’ 14-year-old discovery on January 16 using sonar imaging.

The Vital de Oliveira was a civilian ship, built in 1910 and outfitted as an auxiliary naval craft when Brazil entered World War II on the side of the Allies. It was transporting supplies, sailors and soldiers along the Brazilian coast when a German U-boat struck its stern with a torpedo just before midnight on June 19, 1944.

Brazil was the only South American country to send troops overseas in World War II. Throughout the Battle of the Atlantic, German U-boats patrolled Brazil’s coast, sinking some 34 vessels and killing 1,081 people, according to naval historian Roberto Sander, who wrote that the sinking of the Vital de Olivera was the navy’s “most major loss” during the war. Of the 270 souls aboard, he wrote, 99 perished.

“More than 60 years after these events,” Sander wrote in 2007, “the vast majority of Brazilian ships remain untouched at the bottom of the ocean.”

Their locations would only be confirmed, Sander inferred, via the use of “probes.”

The navy said in its press statement that the wreck was found “using multi-beam and side-scanning sonar.”

Both methods, which deploy fan-like arrays of sound waves to scan the seafloor, are frequently used together in underwater archaeology to create detailed visualizations of ocean wrecks, according to NOAA.

In the side-scanning sonar image released alongside the navy’s press statement, one can clearly see the outline of the Vital de Oliveira.

Coincidentally, the research vessel that confirmed the wreck’s location is also called the “Vital de Oliveira.”

This post appeared first on cnn.com

President Donald Trump’s envoy for special missions, Richard Grenell, has traveled to Venezuela to deliver an in-person message to socialist dictator Nicolás Maduro about accepting violent criminals deported from the United States.

On a call with reporters Friday, Mauricio Claver-Carone, the U.S. special envoy to Latin America, said Grenell will tell Maduro to take back all the Venezuelan criminals and Tren de Aragua gang members that have been ‘exported to the United States, and to do so unequivocally and without condition.’ 

Grenell will also demand that Venezuela immediately release American hostages being held in that country, Claver-Carone said.

The trip ‘focuses on two very specific issues. That we expect that Venezuelan criminals and gangs will be returned, as they are, to every country in the world, without conditions, and two, that American hostages need to be released immediately, unequivocally,’ he explained. 

‘This is not a quid pro quo. It’s not a negotiation in exchange for anything. President Trump himself has made that very clear.’ 

White House press secretary Karoline Leavitt confirmed Friday that Grenell had arrived in Venezuela on orders from the president. 

Despite widespread belief among Venezuelans and much of the international community that Maduro lost the 2024 Venezuelan presidential election to opposition candidate Edmundo González Urrutia, he was sworn into his third six-year term earlier this month.

The U.S. does not recognize Maduro as the legitimate head of state of Venezuela.

Opposition leader María Corina Machado has called on Venezuelan citizens to protest the Maduro regime and demand that González be installed as the rightful president of Venezuela.

As many as 10 Americans are currently detained in Venezuela, although the State Department has not declared them wrongfully detained. Three are U.S. citizens who allegedly participated in a plot to destabilize the country, according to Venezuelan Interior Minister Diosdado Cabello.

The State Department has denied any U.S. involvement with a plot to overthrow Maduro. 

It remains unclear how many Americans are currently held in Venezuela following the significant prisoner swap in 2023 when Washington and Caracas negotiated the release of dozens of prisoners, including 10 Americans, in exchange for Colombian businessman Alex Saab, a close ally of Maduro.

Saab was arrested during the first Trump administration on charges related to a $350 million bribery scheme. 

This post appeared first on FOX NEWS

Democratic Illinois Gov. JB Pritzker accused President Donald Trump of being too incompetent to lead the country because he suggested the Federal Aviation Administration’s (FAA) prioritization of diversity, equity and inclusion (DEI) played a role in the tragic Washington, D.C., aircraft collision on Wednesday.

‘We face the unfortunate reality that we must be honest with the nation about: Donald Trump is unfit to lead during moments of crisis like this,’ Pritzker said in a statement Thursday night. 

The blue state governor, whom Trump evoked on the campaign trail as an example of the downfall of Democrat-run states, urged the Trump administration to respond to the American Airlines crash with ‘information and facts to instill confidence in our nation’s aviation safety.’

‘Before victims have even been identified, Trump is blaming people with disabilities,’ Pritzker said, referring to FAA DEI hiring practices. ‘He’s blaming the U.S. service members in the Blackhawk helicopter. He’s blaming hiring programs he can’t even name or offer examples of. The buck stops with him — yet he is failing to demonstrate his role as protector of the American people and head of our government.’

The second-term governor is among the long list of Democrats considering a 2028 presidential run. Pritzker has seized opportunities over the past two weeks to play a leadership role in Democrat opposition to Trump, refusing, for example, to follow Trump’s executive order ending birthright citizenship. 

Pritzker’s comments Thursday were the latest in a long-standing feud between the two. 

‘Sloppy J.B. Pritzker… has presided over the destruction and disintegration of Illinois at levels never seen before in any State,’ Trump wrote on Truth Social in June. ‘Crime is rampant and people are, sadly, fleeing Illinois. Unless a change is made at the Governor’s level, Illinois can never be Great Again!’

Trump’s attacks have veered into the ad hominem, labeling Pritzker a ‘rotund Governor from the once great State of Illinois, who makes Chris Christie look like a male model.’

In his statement, Pritzker demanded the Trump administration answer his ‘critical questions,’ including why the control tower was not fully staffed during the crash; why the Trump administration fired members of the Aviation Security Advisory Committee; whether the president now understands fully staffing federal agencies is a ‘matter of life and death’; and whether he plans to reverse federal workforce cuts. 

Pritzker questioned whether Elon Musk played a role in the removal of the former FAA director; why a replacement for FAA director was not named until after the crash; whether the federal government authorized the Blackhawk helicopter to fly on a commercial flight path; and if the government will continue allowing helicopters to fly at the same altitude as commercial planes.

‘Will the President, Vice President, Defense Secretary, and Transportation Secretary cooperate with the independent NTSB investigation and correct any misinformation they spread about the crash?’ Pritzker demanded to know.

Trump on Thursday listed headlines about Biden-era FAA DEI hiring that he suggested weakened the agency.

‘Here’s one,’ Trump said in the White House briefing room. ‘The FAA’s diversity push includes focus on hiring people with severe intellectual and psychiatric disabilities. That is amazing. And then it says the FAA says people with severe disabilities, the most underrepresented segment of the workforce, and they want them in. They can be air traffic controllers. I don’t think so.’

‘This was on January 14th, so that was a week before I entered office,’ Trump said, seeking to push blame onto the Biden administration. ‘They put a big push to put diversity into the FAA’s program.

Trump then expanded his list of conditions allowed among controllers: ‘Hearing, vision, missing extremities, partial paralysis, complete paralysis, epilepsy, severe intellectual disability, psychiatric disability, and dwarfism.’

The president drew a stark contrast between Democratic policies and his own first-week executive orders that halted DEI programs in the federal government and restored ‘the highest standards of air traffic controllers.’

‘Brilliant people have to be in those positions,’ he stated.

When asked how he came to the conclusion that diversity had something to do with the crash, the president said, ‘Because I have common sense.’

Pritzker is not the only potential 2028 Democratic presidential contender who took issue with Trump’s comments. After Trump called former Transportation Secretary Pete Buttigieg a ‘disaster,’ Buttigieg, a 2020 Democratic primary candidate, called Trump’s comments ‘despicable.’

‘As families grieve, Trump should be leading, not lying,’ he wrote on X. ‘We put safety first, drove down close calls, grew Air Traffic Control, and had zero commercial airline crash fatalities out of millions of flights on our watch. President Trump now oversees the military and the FAA. One of his first acts was to fire and suspend some of the key personnel who helped keep our skies safe.’

This post appeared first on FOX NEWS