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Most congressional precedents emanate from Capitol Hill.

Most presidential precedents emerge from 1600 Pennsylvania Ave.

But a precedent which may echo around the halls of Congress and the White House for years materialized in recent days in the snow-covered, wooded village of Chappaqua, New York.

That’s where former President Bill Clinton testified under subpoena to the House Oversight Committee as part of its investigation into Jeffrey Epstein. Lawmakers said the panel’s ability to compel testimony from a former president could establish a new precedent going forward — including in matters involving President Trump and the Epstein files.

According to congressional historians, never before has a congressional committee deposed a former president. It was rare enough to have former First Lady and former Secretary of State Hillary Clinton testify the day before. Republicans noted that former President Clinton had previously acknowledged knowing Epstein and traveling on trips that included him.

‘I do not recall ever encountering Mr. Epstein. I never flew on his plane or visited his island, homes or offices,’ said Hillary Clinton after nearly six hours of closed-door testimony before the panel.

House Oversight Committee Chairman James Comer, R-Ky., said Hillary Clinton declared ‘‘You’ll have to ask my husband,’’ more than ‘a dozen’ times during her deposition ahead of Bill Clinton’s the following day.

There are no accusations of wrongdoing against either of the Clintons in connection with Epstein. But the former president’s past ties to Jeffrey Epstein have spurred questions from lawmakers.

‘It’s very difficult to get people in for these depositions of great power and great wealth,’ said Comer. ‘It took seven months, seven months to get the Clintons in here. But we’ve got them in here.’

‘Here’ was Chappaqua, about an hour north of New York City. The Clintons have resided in Chappaqua since President Clinton left office in 2001 and when Hillary Clinton ran for Senate from New York in 2000. Hillary Clinton served as a senator from New York from 2001 until 2009, when she became President Obama’s first Secretary of State.

More specifically, the ‘here’ for the Clintons’ testimony was not a bland office in the Rayburn House Office Building. House members questioned the Clintons at the Chappaqua Performing Arts Center, known locally as ‘ChappPAC,’ a white structure with simple arcades and Greek columns atop a hillside above the Saw Mill River.

The Epstein inquiry is serious, and the unusual venue underscored the extraordinary nature of the proceeding.

Rep. Lauren Boebert, R-Colo., appeared to snap a photo of Hillary Clinton during the deposition, then shared it with conservative media outlets.

‘I admire (Hillary Clinton’s) blue suit. So I wanted to capture that for everyone,’ said Boebert outside the venue.

‘Why did you send the picture?’ asked a reporter.

‘Why not?’ retorted Boebert.

‘We are sitting through an incredibly unserious, clown show of a deposition, where Members of Congress and the Republican Party are more concerned about getting their photo op of Secretary Clinton than actually getting to the truth and actually holding anyone accountable,’ charged Rep. Yassamin Ansari, D-Ariz.

After concluding her testimony, Hillary Clinton told reporters she found the ‘end’ of the deposition to be ‘quite unusual because I started being asked about UFOs and a series of questions about Pizzagate, one of the most vile, bogus conspiracy theories that was propagated on the internet.’

That is a reference to a conspiracy theory that emerged during the 2016 presidential campaign between Hillary Clinton and President Trump. Proponents falsely claimed Democrats operated a child sex trafficking ring out of the Comet Ping Pong pizza shop in Washington. A North Carolina man later drove to Washington, D.C., and fired shots inside the restaurant, telling authorities he was there to rescue children.

Rep. Nancy Mace, R-N.C., asserted that Hillary Clinton was ‘screaming’ at lawmakers during the deposition.

‘She was unhinged,’ said Mace. ‘And I hope that President Clinton is less unhinged today than his wife was yesterday.’

Rep. Anna Paulina Luna, R-Fla., emerged from the Chappaqua Performing Arts Center about 90 minutes into former President Clinton’s deposition to speculate about what may have been behind Epstein and his sex trafficking operation. Luna noted she was speaking only for herself and not other members of the committee.

‘It has become very evident even in the last 24 hours in lines of questioning that Jeffrey Epstein was running an intelligence gathering operation,’ said Luna. ‘I do believe it was a honey pot operation.’

Luna added that it was possible a U.S. intelligence ally was involved, though she provided no evidence for the claim.

One of the five agreed-upon areas of questioning for the Clintons was how Epstein used his connections with powerful figures to hide his crimes. That is why individuals such as former President Clinton and President Trump have surfaced in previously released Epstein-related documents.

The presidency is a unique office, and even President Trump expressed some sympathy for Bill Clinton’s appearance before the Oversight Committee.

‘I don’t like seeing him deposed. But they certainly went after me a lot more than that,’ said the president.

When pressed on Friday, President Trump said he was unfamiliar with the Epstein files.

‘I don’t know anything about the Epstein files. I’ve been totally exonerated,’ said President Trump.

Oversight Committee Republicans were asked whether they agreed with that claim.

‘From all the evidence I’ve seen he’s been exonerated for a long time,’ replied Comer.

‘The Epstein victims have exonerated President Trump. This is a trope that you guys are — a rabbit hole you guys are going down. But he’s been exonerated over and over again by Epstein victims,’ said Mace.

But Democrats questioned why the committee sought testimony from former President Clinton and not President Trump.

‘There is a lot of email correspondence that included President Clinton,’ said Comer.

Rep. Robert Garcia, D-Calif., the top Democrat on the Oversight panel, argued the move set a broader standard.

‘There’s a precedent now,’ said Garcia. ‘We now want President Trump to come in and to testify under oath in front of the Oversight Committee. We want the First Lady, who we know had a relationship as well with Jeffrey Epstein, to come under oath and testify to the Oversight Committee. That is the new precedent that Republicans wanted to set here.’

Garcia added that President Trump ‘has not been exonerated, and we have serious questions for President Trump.’

Rep. Suhas Subramanyam, D-Va., argued that the committee spoke ‘to the wrong president.’

It is unclear whether the panel will seek testimony from President Trump. Democrats have indicated they would consider doing so if they gain control of the House in the fall midterm elections.

Separation of powers is a key component of America’s constitutional system. Only a handful of presidents have ever testified before Congress — and none had previously been deposed as a former president.

The nation’s history includes small communities that have taken on outsized political significance. Lawmakers and legal observers say Chappaqua could now join that list if presidential testimony before Congress becomes more common.

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More U.S. forces are headed to the Middle East, according to chairman of the Joint Chiefs of staff Gen. Dan Caine, as the U.S. escalates its campaign against Iran. 

‘The flow of forces continues today. In fact, Admiral Cooper will receive additional forces even today,’ Caine said during a Pentagon briefing Monday morning, referring to Central Command chief Adm. Brad Cooper. 

Caine declined to provide troop numbers, saying, ‘I don’t want to talk specifics, because that would tip the enemy off. We have more tactical aviation flowing into theater just based on the time it took to get it out there.’

I think we’re just about where we want to be in terms of total combat capacity and total combat power for Admiral Cooper.’

Caine said the additional forces build on a monthlong repositioning of U.S. assets across the region, including carrier strike groups, advanced fighter aircraft and air defense systems, as the U.S. prosecutes what officials described as ‘major combat operations’ that have already resulted in the death of 555 Iranians, according to an Associated Press count, as of Monday morning. 

Caine said the U.S. mission in Iran is to ‘prevent Iran from (the) ability to project power outside its borders.’

‘This is not a so-called regime change war, but the regime sure did change and the world is better off for it today,’ added War Secretary Pete Hegseth.

Hegseth said the mission was to destroy ​​Iranian missiles and missile production, destroy its navy and ensure it has no capability to pursue a nuclear weapon. 

The general warned the operation ‘will take some time’ and acknowledged, ‘We expect to take additional losses.’ Four U.S. service members have been killed in the operation that began in the early hours of Saturday Eastern Time. 

Hegseth said the service members were struck by an Iranian missile that penetrated air defenses at a tactical command center.

Asked whether there are American boots on the ground in Iran, Hegseth replied, ‘no,’ but said the administration would not telegraph future options.

It’s ‘one of the fallacies’ that ‘this department or presidents or others should tell the American people — and our enemies, by the way — ‘here’s exactly what we’ll do,” Hegseth said. ‘It’s foolishness.’ 

At the start of the operation known as Epic Fury, Caine said  more than 100 aircraft launched from land and sea in a synchronized wave, including fighters, tankers, electronic attack aircraft, bombers and unmanned platforms. U.S. cyber and space forces first conducted non-kinetic operations designed to disrupt and degrade Iran’s ability to communicate and respond, he said.

Tomahawk missiles fired from U.S. Navy vessels struck Iranian naval forces along the southern flank, while coordinated precision strikes targeted command and control infrastructure, ballistic missile sites and intelligence facilities.

Caine said the opening phase struck more than 1,000 targets in the first 24 hours. American B-2 bombers flew 37-hour round-trip missions from the continental United States to hit underground facilities with penetrating munitions, he added.

‘We are now roughly 57 hours into the operation,’ Caine said Monday, adding that U.S. forces have launched hundreds of missions and delivered tens of thousands of pieces of ordnance as the campaign continues to scale.

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TORONTO, ON / ACCESS Newswire / March 2, 2026 / NextSource Materials Inc. (TSX:NEXT,OTC:NSRCF)(OTCQB:NSRCF) (‘NextSource’ or the ‘Company’) announces that it has entered into a binding agreement (the ‘Agreement’) with Syrah Resources Limited (‘Syrah’) for the supply of natural graphite fines for NextSource’s planned battery anode facility (‘BAF’) in Abu Dhabi, United Arab Emirates (‘UAE’).

Under the terms of the Agreement, NextSource will source a minimum of approximately 34,000 tonnes and up to 68,000 tonnes of natural graphite fines in total over a seven-year period, with annual committed and optioned volumes subject to specific conditions precedent being satisfied.

These conditions include the commencement of commercial production at NextSource’s BAF in the UAE and successful qualification and final approval of the use of Syrah’s graphite by NextSource and it’s downstream offtake customer. Pricing is expected to be determined quarterly and by referencing an independently reported natural graphite fines price index, with adjustments for product grade and shipping costs.

If the conditions have not been satisfied or waived by December 31, 2026, Syrah may terminate the Agreement without liability. If the conditions have not been satisfied or waived by December 31, 2027, NextSource may terminate the Agreement without liability.

Strategic Rationale

This Agreement forms part of NextSource’s broader supply chain strategy to establish diversified feedstock sources for its planned downstream anode facilities. The Company believes this approach, taking into account feedstock from its Molo Graphite Mine in Madagascar (‘Molo’), both derisks operations and enhances operational flexibility to support the ramp-up and potential expansion of the UAE BAF.

The Company has been stockpiling SuperFlake® concentrate from Molo and has ample inventory to fulfil the volumes of anode active material (‘AAM’) required under its binding offtake with Mitsubishi Chemical well into 2028. The Mitsubishi Chemical offtake agreement is for the supply of approximately 9,000 tonnes per annum (‘tpa’) of AAM over a multi-year period.

NextSource continues to evaluate other third-party feedstock sources while prioritizing the use of SuperFlake® graphite concentrate from Molo as the primary and preferred feedstock source for the UAE BAF.

This additional feedstock flexibility is particularly important in light of the Company’s February 5, 2026 announcement of a letter of intent with a second major Japanese anode material producer. If finalized, this would further increase expected demand for AAM from the UAE BAF. When combined with the Mitsubishi Chemical offtake agreement, these customer commitments are expected to fully utilize and potentially exceed the planned Phase 1 production capacity of the UAE BAF, reinforcing the importance of establishing multiple qualified feedstock sources to underpin future expansion of the UAE BAF.

Hanré Rossouw, President and CEO of NextSource, commented:

‘This agreement strengthens our long‑term strategy to build a resilient and diversified supply chain for our Abu Dhabi BAF. While Molo remains our primary and preferred feedstock, securing optionality with high‑quality third‑party material enhances our flexibility as we scale production to meet growing demand for anode active material. It is a disciplined step that supports both our near‑term ramp‑up and our broader growth ambitions.’

Syrah Resources is an Australian Securities Exchange listed industrial minerals and technology company that owns and operates the Balama Graphite Operation in Mozambique and an active anode material facility in the United States.

About NextSource Materials Inc.

NextSource Materials Inc. is a battery materials company based in Toronto, Canada that is intent on becoming a vertically integrated global supplier of battery materials through the mining and value-added processing of graphite and other minerals.

The Company’s Molo graphite project in Madagascar is one of the largest known and highest-quality graphite resources globally, and the only one with SuperFlake® graphite. The Molo mine has begun production through Phase 1 mine operations. NextSource’s corporate presentation can be accessed and downloaded here.

The Company is also developing a significant downstream graphite value-add business through the staged rollout of Battery Anode Facilities (BAF) capable of large-scale production of coated, spheronized and purified graphite for direct delivery to battery and automotive customers, in a fully transparent and traceable manner. The Company is now in the process of developing its first BAF in the UAE and has executed a multi-year offtake agreement for the supply of anode active material with Mitsubishi Chemical Corp of Japan.

NextSource Materials is listed on the Toronto Stock Exchange under the symbol ‘NEXT’ and on the OTCQB under the symbol ‘NSRCF’.

For further information about NextSource Materials, please visit our website at www.nextsourcematerials.com or contact us at +1.416.364.4911 or email Brent Nykoliation, Executive Vice President at brent@nextsourcematerials.com.

Safe Harbour: This press release contains statements that may constitute ‘forward-looking information’ or ‘forward-looking statements’ within the meaning of applicable Canadian and United States securities legislation. Readers are cautioned not to place undue reliance on forward-looking information or statements. Forward looking statements and information are frequently characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’, ‘potential’, ‘possible’ and other similar words, or statements that certain events or conditions ‘may’, ‘will’, ‘could’, ‘expected’ or ‘should’ occur. Forward-looking statements include any statements regarding, among others, that non-binding LOI’s and term sheets will progress to definitive agreements and the timing thereof, timing of construction, development and completion of the BAF, timing and completion of front-end engineering and design, timing of FID, the phased development plan of the BAF as well as the Company’s intent on becoming a fully integrated global supplier of critical battery and technology materials. These statements are based on current expectations, estimates and assumptions that involve a number of risks, which could cause actual results to vary and, in some instances, to differ materially from those anticipated by the Company and described in the forward-looking statements contained in this press release. These risks include that the non-binding term sheets will not progress to definitive agreements, the parties to the non-binding term sheet will not be satisfied with their due diligence review, risks related to the construction and development of the BAF, the potential supply of natural graphite fines for NextSource’s planned BAF from Syrah or other qualified 3rd party sources, the risk that a positive FID decision may never be reached as well as other risk factors set forth in the Company’s latest Annual Information Form (which includes the disclosed risk related specifically to the development commissioning and operation of the BAF) There is no assurance that the definitive agreements will be completed with the above noted timeframe or at all. No assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur or, if any of them do so, what benefits the Company will derive there from. The forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements, whether because of new information, future events or otherwise, except as may be required by applicable securities laws. Although the forward-looking statements contained in this news release are based on what management believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with them. These forward-looking statements are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release.

SOURCE: NextSource Materials Inc.

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TORONTO, ON / ACCESS Newswire / March 2, 2026 / NextSource Materials Inc. (TSX:NEXT,OTC:NSRCF)(OTCQB:NSRCF) (‘NextSource’ or the ‘Company’) announces that Mr. Jaco Crouse has resigned from his position as Chief Financial Officer after accepting a senior role with another organization. Mr. Crouse will remain employed by the Company for a transition period of up to four months to support an orderly handover of responsibilities.

Mr. Crouse has served as Chief Financial Officer since 2024, during which time he played a key role in strengthening the Company’s financial discipline, supporting capital markets activities, and advancing NextSource’s development strategy. The Company thanks Mr. Crouse for his contributions and wishes him success in his new role.

The Company is working with Mr. Crouse to ensure an orderly and comprehensive handover of responsibilities. As part of a structured succession planning approach, the Board will coordinate with external advisors to progress the search for a new Chief Financial Officer. Interim arrangements will be communicated as appropriate.

Hanré Rossouw, President and CEO of NextSource, commented:

‘On behalf of the Board and management team, I would like to thank Jaco for his contribution and commitment during a critical period of growth and transformation for NextSource. We appreciate his support in ensuring a smooth transition and wish him every success in his next chapter.’

The Company remains focused on executing its strategic priorities, including advancing its Battery Anode Facility development, progressing toward Final Investment Decision, and delivering on its integrated battery materials strategy.

About NextSource Materials Inc.

NextSource Materials Inc. is a battery materials company based in Toronto, Canada that is intent on becoming a vertically integrated global supplier of battery materials through the mining and value-added processing of graphite and other minerals.

The Company’s Molo graphite project in Madagascar is one of the largest known and highest-quality graphite resources globally, and the only one with SuperFlake® graphite. The Molo mine has begun production through Phase 1 mine operations. NextSource’s corporate presentation can be accessed and downloaded here.

The Company is also developing a significant downstream graphite value-add business through the staged rollout of Battery Anode Facilities (BAF) capable of large-scale production of coated, spheronized and purified graphite for direct delivery to battery and automotive customers, in a fully transparent and traceable manner. The Company is now in the process of developing its first BAF in the UAE and has executed a multi-year offtake agreement for the supply of anode active material with Mitsubishi Chemical Corp of Japan.

NextSource Materials is listed on the Toronto Stock Exchange under the symbol ‘NEXT’ and on the OTCQB under the symbol ‘NSRCF’.

For further information about NextSource Materials, please visit our website at www.nextsourcematerials.com or contact us at +1.416.364.4911 or email Brent Nykoliation, Executive Vice President at brent@nextsourcematerials.com.

Safe Harbour: This press release contains statements that may constitute ‘forward-looking information’ or ‘forward-looking statements’ within the meaning of applicable Canadian and United States securities legislation. Readers are cautioned not to place undue reliance on forward-looking information or statements. Forward looking statements and information are frequently characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’, ‘potential’, ‘possible’ and other similar words, or statements that certain events or conditions ‘may’, ‘will’, ‘could’, ‘expected’ or ‘should’ occur. Forward-looking statements include any statements regarding, among others, that non-binding LOI’s and term sheets will progress to definitive agreements and the timing thereof, timing of construction, development and completion of the BAF, timing and completion of front-end engineering and design, timing of FID, the phased development plan of the BAF as well as the Company’s intent on becoming a fully integrated global supplier of critical battery and technology materials. These statements are based on current expectations, estimates and assumptions that involve a number of risks, which could cause actual results to vary and, in some instances, to differ materially from those anticipated by the Company and described in the forward-looking statements contained in this press release. These risks include that the non-binding term sheets will not progress to definitive agreements, the parties to the non-binding term sheet will not be satisfied with their due diligence review, risks related to the construction and development of the BAF, the potential supply of natural graphite fines for NextSource’s planned BAF from Syrah or other qualified 3rd party sources, the risk that a positive FID decision may never be reached as well as other risk factors set forth in the Company’s latest Annual Information Form (which includes the disclosed risk related specifically to the development commissioning and operation of the BAF) There is no assurance that the definitive agreements will be completed with the above noted timeframe or at all. No assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur or, if any of them do so, what benefits the Company will derive there from. The forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements, whether because of new information, future events or otherwise, except as may be required by applicable securities laws. Although the forward-looking statements contained in this news release are based on what management believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with them. These forward-looking statements are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release.

SOURCE: NextSource Materials Inc.

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(TheNewswire)

 

GRANDE PRAIRIE, ALBERTA TheNewswire – March 2, 2026 – Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) (‘ANGKOR’ OR ‘THE COMPANY’)  wishes to announce that it has granted, effective today, an aggregate of 4,275,000 stock options (each an ‘Option) to certain Directors, management and consultants of the Company in accordance with the Company’s Rolling Stock Option Plan.

 

Each Option is exercisable into one common share in the capital of the Company (each a ‘Share’) at a price of $0.36 per Share, being the price of the Company’s shares on the last closing price on the TSX Venture Exchange on February 27, 2026. The options granted to Directors and administrative consultants are exercisable for a three-year term expiring March 2, 2029 and will vest immediately.  The remaining options issued to management will vest immediately and expire in 12 months, March 2, 2027.

ABOUT Angkor Resources CORPORATION:

Angkor Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading resource optimizer in Cambodia working towards mineral and energy solutions across Cambodia.  

The company’s mineral subsidiary, Angkor Gold Corp. in Cambodia holds two mineral exploration licenses in Cambodia with multiple prospects in copper and gold.  Both licenses are in their first two-year renewal term.    

Its Cambodian energy subsidiary, EnerCam Resources, was granted an onshore oil and gas license of 7300 square kilometres in the southwest quadrant of Cambodia called Block VIII.   The company then removed all parks and protected areas and added 220 square kilometres, making the license area just over 4095 square kilometres.  EnerCam is actively advancing oil and gas exploration activities onshore to meet its mission to prove Cambodia as an oil and gas producing Nation.  Having completed seismic in 2025, the Company has identified multiple drill targets and advances an Environmental Impact Assessment and drilling plans to drill Cambodia’s first onshore oil & gas exploratory wells.

CONTACT:   Delayne Weeks – CEO

Email:-   info@angkorresources.com   Website: angkorresources.com  

Telephone: +1 (780) 831-8722

Please follow @AngkorResources on , , , Instagram and .

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

_____________________________________

 

Copyright (c) 2026 TheNewswire – All rights reserved.

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Rakuten Securities has launched a new platinum-focused investment trust, expanding access to precious metals exposure in Japan at a time of rising global interest in commodities.

The Rakuten Platinum Fund broadens the range of investment options available to Japanese retail investors by offering indirect exposure to platinum through a fund-of-funds structure.

Rather than holding physical platinum, the fund invests via a master fund that allocates to physical platinum-backed exchange traded funds (ETFs).

The fund operates without foreign exchange hedging as a default, meaning investors are exposed to yen-denominated movements in global platinum prices.

Structured as an additional type investment trust, the fund also has no fixed investment term and allows daily subscriptions and redemptions. It has a trust capital ceiling of approximately US$641 million, with a minimum threshold of 1 billion yen.

A key feature expected to drive retail demand is its eligibility for inclusion in a Nippon Individual Savings Account (NISA). Modelled on the UK’s Individual Savings Account (ISA), the scheme allows qualifying investors to receive tax exemptions on dividends and capital gains for an unlimited period, subject to investment limits.

This positions the new fund as a tax-efficient vehicle for individuals seeking exposure to platinum within a long-term savings framework.

The launch aims to capitalize on growing investor interest in platinum globally. A recent World Platinum Investment Council (WPIC) report saw holdings in platinum ETFs increase by a net 234,000 ounces in 2025, driven by positive sentiment following a platinum price breakout and its sustained discount to gold.

Platinum’s price momentum has been notable. The metal surged more than 90 percent from the second quarter onward in 2025, climbing above US$1,900 per ounce in December. After silver, it was the second best-performing metal of the year.

Structural supply challenges, including a projected supply shortfall of more than 692,000 ounces, were a key driver of the rally, alongside strong industrial demand from the automotive sector and emerging clean energy technologies. Lower interest rates from the US Federal Reserve also boosted investment appetite for precious metals.

Even as total platinum demand is projected to fall 5 percent to 7.82 million ounces in 2025, investment demand is expected to rise 6 percent to 742,000 ounces, according to the WPIC.

Investors have been drawn to platinum as a relative value play amid record gold prices, fueling inflows into ETFs as well as purchases of physical bars and coins.

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

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Gains ownership and control over one of the largest, strategically located, prolific geologic environments for critical and precious metals in Quebec, Canada

Nuvau Minerals Inc. (TSXV: NMC,OTC:NMCPF) (the ‘Company’ or ‘Nuvau’) has achieved a significant milestone on the road toward a production restart at its flagship Matagami Property. The Company has completed the acquisition (the ‘Earn-In Transaction’), from Glencore Canada Corporation (‘Glencore Canada’), of interests in certain properties comprising the Matagami mining camp (collectively, the ‘Property’), located in the Abitibi region of central Québec, Canada, pursuant to a second amended and restated earn-in agreement dated January 28, 2026 among the Company, Nuvau Minerals Corp. (the Company’s wholly-owned subsidiary, ‘Nuvau Corp.’) and Glencore Canada (the ‘Earn-In Agreement’).

This landmark achievement marks a major step toward our goal of the restart of mining operations at the Matagami property,’ said Peter van Alphen, Nuvau’s CEO. ‘It reflects both our team’s unwavering commitment and the strong support behind our project. We are now eager to continue to build on our exploration momentum while advancing the technical and economic studies required to deliver a robust restart plan for our critical mineral assets.’

The Matagami mining camp is a 1,379-square-kilometre exploration and mining property, one of the largest in Canada, and is strategically located in a prolific geological environment for both critical and precious metals.

Figure 1: Position of Nuvau’s Matagami property in Canada and within the northern Abitibi advanced projects and operations

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11236/285928_f65c88b214607901_001full.jpg

The Matagami Property
Located in the northern Abitibi, the Matagami Property is comprised of 2,389 titles, including 1,237 square kilometres of exploration claims and 4.5 square kilometres of mining rights property. This includes the past-producing:

  • Bracemac-McLeod mine, which is still permitted and has key infrastructure in place
  • Perseverance mine, with potential for shallow remnant and mineralization extension.

When combined with Nuvau’s existing 138 square kilometres of exploration claims, this land package is one of the largest mining and exploration properties in Eastern Canada.

Figure 2: Detailed map of the exploration claims and mining rights involved in the transaction.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11236/285928_f65c88b214607901_002full.jpg

The transaction excludes the property rights related to the Matagami Lake Processing Plant and the current Tailing Storage Facility, for which Nuvau has a 24-month right such rights from Glencore Canada.

Since entering into the earn-in agreement with Glencore in 2022, Nuvau has established a track record of success on the property, including the:

  • Discovery of gold mineralization within the Bracemac Mine in July 2025;
  • Discovery of gold anomalies in till in May 2025;
  • Acquisition of the Thundermine property in 2024;
  • Extension of mineralization at the past-producing McLeod Cu-Zn deposit in 2024;
  • Discovery of the Renaissance Cu-Zn Volcanogenic Massive Sulfide (VMS) in 2023.

In addition, Nuvau demonstrated the economic potential of a near term production restart at the Matagami property with the Preliminary Economic Analysis (PEA) it published in 2023. The Company intends to update this PEA in 2026 to include additional geological and technical information as well as current commodity prices ahead of a Pre-Feasibility Study planned for 2027. The PEA leverages existing mine, processing and transportation infrastructure within the Matagami camp, all in close proximity to the town of Matagami at the heart of the northern Abitibi.

The Earn-In Transaction
In connection with the completion of the Earn-In Transaction:

  • Nuvau Corp. incurred an aggregate of $30,000,000 in exploration, development and related expenditures on the Property on or before March 25, 2025.
  • Glencore retained a 2% net smelter returns (‘NSR’) royalty on the Property, subject to an aggregate maximum NSR royalty of 3.5% inclusive of existing royalties on any mining claim, pursuant to a royalty agreement entered into between Glencore Canada and Nuvau Corp.

As per the terms of the Earn-In Agreement, within 60 days of the closing of the Earn-In Transaction, Nuvau Corp. will also be required to pay Glencore Canada (i) $5,000,000 in cash, and (ii) an additional $5,000,000 payable in cash, common shares of the Company (‘Common Shares‘), or a combination thereof at Nuvau Corp.’s election, subject to required stock exchange and other regulatory approvals and provided that any share issuance does not result in Glencore having beneficial ownership of more than 9.9% of the Company’s issued and outstanding Common Shares immediately following issuance.

For a period of 24 months following the closing of the Earn-In Transaction, Nuvau will also retain the right to acquire certain excluded property (including the Matagami Lake Processing Plant and Tailings Storage Facility) from Glencore Canada for a payment of $5,000,000 (payable in cash, Common Shares, or a combination thereof), subject to the satisfaction of certain conditions and regulatory requirements, all as more particularly described in the Earn-In Agreement.

For more information regarding the Earn-In Transaction, please refer to the Earn-In Agreement, a copy of which has been filed and is available on SEDAR+ (www.sedarplus.ca) under the Company’s issuer profile.

About Nuvau
Nuvau Minerals (TSXV: NMC,OTC:NMCPF) is a Canadian mining and exploration company advancing its assets through the exploration and development stage. The Company’s principal asset is the past-producing Matagami mining district in the Abitibi region of Québec.

Nuvau controls a 1,379 square kilometre land package and benefits from access to permitted mining infrastructure, including an option on a 3,000 tpd concentrator, through an earn-in agreement with Glencore Canada. Its strategy combines near-term resource development and a potential mine restart with district-scale exploration targeting zinc-copper VMS deposits and newly recognized gold potential in the camp.

Backed by Québec investors, Nuvau is executing a multi-year exploration and resource growth program to advance the camp toward a renewed production decision while generating new discoveries.

Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved by Bastien Fresia P. Geo. (Qc), Director of Technical Services and a ‘qualified person’ for the purposes of National Instrument 43-101.

Further Information
Peter van Alphen
President and CEO, Nuvau Minerals Inc.
416-525-6063
pvanalphen@nuvauminerals.com

Cautionary Statements
This news release contains forward-looking statements and forward-looking information (collectively, ‘forward-looking statements‘) within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as ‘may’, ‘should’, ‘anticipate’, ‘will’, ‘estimates’, ‘believes’, ‘intends’, ‘expects’ and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements concerning: the completion and timing of any remaining post-closing filings and registrations with governmental authorities; the timing and form of payments contemplated by the Earn-In Agreement (including any election to satisfy a portion of such payments in Common Shares), and if applicable, the receipt of any required stock exchange and other regulatory approvals; the potential future acquisition of the excluded property and satisfaction of applicable conditions related thereto; and the timing and ability of the Company to advance the Property to production decision and the overall potential of the Property. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management, in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances. Readers are cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Factors that could cause actual results to differ materially from such forward-looking statements are set out in the Company’s public disclosure record available on SEDAR+ (www.sedarplus.ca) under the Company’s issuer profile. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by the management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

The forward-looking statements contained in this news release are made as of the date of this news release, and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285928

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Three U.S. service members were killed and five others were seriously wounded as part of Operation Epic Fury, U.S. Central Command (CENTCOM) said Sunday morning.

In addition, several others sustained minor shrapnel injuries and concussions and are in the process of being returned to duty, CENTCOM announced.

‘The situation is fluid, so out of respect for the families, we will withhold additional information, including the identities of our fallen warriors, until 24 hours after next of kin have been notified,’ CENTCOM said.

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

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Russian President Vladimir Putin condemned the killing of Iranian Supreme Leader Ali Khamenei on Sunday, calling the death, which came amid strikes from Israel and the U.S. a ‘cynical violation’ of norms.

Putin made the statement in a letter to Iranian President Masoud Pezeshkian that the Kremlin released to the public in the wake of Khamenei’s death. Saturday’s bold daytime strikes eliminated Khamenei along with several other top Iranian leaders, including the head of the Iranian Revolutionary Guard Corps.

‘Please accept my deep condolences in connection with the murder of the Supreme Leader of the Islamic Republic of Iran, Seyed Ali Khamenei, and members of his family, committed in cynical violation of all norms of human morality and international law,’ Putin wrote.

‘In our country, Ayatollah Khamenei will be remembered as an outstanding statesman who made a huge personal contribution to the development of friendly Russian-Iranian relations and bringing them to the level of a comprehensive strategic partnership,’ Putin continued.

‘I ask you to convey my most sincere sympathy and support to the family and friends of the Supreme Leader, the government and the entire people of Iran,’ he added.

Iranian Ambassador to the United Nations Amir-Saeid Iravani condemned the joint U.S.-Israeli strikes that rained down on his country throughout Saturday during a U.N. Security Council meeting.

Iravani accused the U.S. of undermining its claims of pursuing international stability while attacking a sovereign country for its ‘domestic’ activities.

‘Neither the charter nor international law recognize internal matters of a state as justification for the use of force by other states. The rule of law would be replaced by the rule of force,’ Iravani said.

‘Iran will continue to exercise its right of self-defense decisively and without hesitation until the aggression ceases in full and unequivocal terms.’

On Saturday morning, President Donald Trump ordered the execution of Operation Epic Fury, citing Tehran’s continued efforts to develop a nuclear weapon.

‘It has always been the policy of the United States, in particular my administration, that this terrorist regime can never have a nuclear weapon. I’ll say it again. They can never have a nuclear weapon,’ Trump said in remarks about the attack Saturday.

Trump said the strikes were meant to ‘defend the American people by eliminating imminent threats from the Iranian regime’ and that they had come after Iran had refused to abandon plans to develop nuclear capabilities.

Iravani called the attack a continuation of longstanding U.S. aggression against Iran.

‘Mr. president, this morning the United States regime, jointly and in coordination with the Israeli regime, initiated an unprovoked and premeditated aggression against the Islamic Republic of Iran for the second time in recent months,’ Irvani said, referring to strikes the U.S. carried out against its nuclear enrichment sites last year. ‘The president of the United States and the prime minister of the Israeli regime have openly claimed responsibility for this act of aggression and have explicitly articulated regime change as their objective, an unmistakable admission of their intent to violate Iran’s sovereignty and territorial integrity.’

Fox News’ Leo Briceno and Reuters contributed to this report.

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Some of the top rumored Democratic potential candidates for president in 2028 are showing a united front in opposing U.S. strikes on Iran, with several high-profile figures accusing President Donald Trump of launching an unnecessary and unconstitutional war.

Former Vice President Kamala Harris said Trump was ‘dragging the United States into a war the American people do not want.’

‘Let me be clear: I am opposed to a regime-change war in Iran, and our troops are being put in harm’s way for the sake of Trump’s war of choice,’ Harris said in a statement Saturday following the joint U.S. and Israeli strikes throughout Iran.

‘This is a dangerous and unnecessary gamble with American lives that also jeopardizes stability in the region and our standing in the world,’ she continued. ‘What we are witnessing is not strength. It is recklessness dressed up as resolve.’

California Gov. Gavin Newsom delivered some of his sharpest criticism during a book tour stop Saturday night in San Francisco, accusing Trump of manufacturing a crisis.

‘It stems from weakness masquerading as strength,’ Newsom said. ‘He lied to you. So reckless is the only way to describe this.’

‘He didn’t describe to the American people what the endgame is here,’ Newsom added. ‘There wasn’t one. He manufactured it.’

Newsom is currently promoting his memoir, ‘Young Man in a Hurry,’ with recent and upcoming stops in South Carolina, New Hampshire and Nevada — three key early voting states in the Democratic presidential calendar.

Earlier in the day, Newsom said Iran’s ‘corrupt and repressive’ regime must never obtain nuclear weapons and that the ‘leadership of Iran must go.’

‘But that does not justify the President of the United States engaging in an illegal, dangerous war that will risk the lives of our American service members and our friends without justification to the American people,’ Newsom wrote on X.

California is home to more than half of the roughly 400,000 Iranian immigrants in the United States, including a large community in West Los Angeles often referred to as ‘Tehrangeles.’

Rep. Alexandria Ocasio-Cortez, D-N.Y., a leading progressive voice and ‘Squad’ member, accused Trump of dragging Americans into a conflict they did not support.

‘The American people are once again dragged into a war they did not want by a president who does not care about the long-term consequences of his actions. This war is unlawful. It is unnecessary. And it will be catastrophic,’ Ocasio-Cortez said.

‘Just this week, Iran and the United States were negotiating key measures that could have staved off war. The President walked away from these discussions and chose war instead,’ she continued.

‘In moments of war, our Constitution is unambiguous: Congress authorizes war. The President does not,’ she said, pledging to vote ‘YES on Representatives Ro Khanna and Thomas Massie’s War Powers Resolution.’

Illinois Gov. JB Pritzker, another Democrat often mentioned as a potential 2028 contender, also criticized the strikes and accused Trump of ignoring Congress.

‘No justification, no authorization from Congress, and no clear objective,’ Pritzker wrote on X.

‘Donald Trump is once again sidestepping the Constitution and once again failing to explain why he’s taking us into another war,’ he continued. ‘Americans asked for affordable housing and health care, not another potentially endless conflict.’

‘God protect our troops,’ Pritzker added.

Pennsylvania Gov. Josh Shapiro focused his criticism on war powers, arguing Trump acted outside constitutional guardrails.

‘In our democracy, the American people — through our elected representatives — decide when our nation goes to war,’ Shapiro said, adding that Trump ‘acted unilaterally — without Congressional approval.’

‘Make no mistake, the Iranian regime represses its own people … they must never be allowed to possess nuclear weapons,’ he said. ‘But that does not justify the President of the United States engaging in an illegal, dangerous war.’

Shapiro added that ‘Congress must use all available power’ to prevent further escalation.

Former Transportation Secretary Pete Buttigieg also accused Trump of launching a ‘war of choice.’

‘The President has launched our nation and our great military into a war of choice, risking American lives and resources, ignoring American law, and endangering our allies and partners,’ Buttigieg wrote on X. ‘This nation learned the hard way that an unnecessary war, with no plan for what comes next, can lead to years of chaos and put America in still greater danger.’

Buttigieg has been hitting early voting states, stopping in New Hampshire and Nevada in recent weeks to campaign for Democrats ahead of the 2026 midterm elections.

Sen. Ruben Gallego, D-Ariz., who has been floated as a rising national figure within the party, said he lost friends in Iraq to an illegal war and opposed the strikes.

‘Young working-class kids should not pay the ultimate price for regime change and a war that hasn’t been explained or justified to the American people. We can support the democracy movement and the Iranian people without sending our troops to die,’ Gallego wrote on X. 

Fox News’ Daniel Scully and Alex Nitzberg contributed to this report.

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