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Ardently pro-Israel Dem Sen. John Fetterman congratulates Trump for ‘historic peace plan’

Democratic Sen. John Fetterman of Pennsylvania, a staunch supporter of Israel, congratulated President Donald Trump on Wednesday shortly after the commander in chief announced in a Truth Social post that Hamas and Israel agreed to phase one of a peace plan.

Fetterman said that he and the president are both unflinchingly committed to the U.S. ally.

‘I congratulate @POTUS on this historic peace plan that releases all the hostages. Now, enduring peace in the region is possible. Our parties are different but we have a shared ironclad commitment to Israel and its people,’ the senator noted on X while including a screenshot of Trump’s Truth Social post.

Israel launched a war effort in the wake of the heinous Oct. 7, 2023, Hamas attack in which terrorists committed atrocities including murder, rape and kidnapping. 

Trump, who has been brokering a peace deal, declared in a Truth Social post on Wednesday, ‘I am very proud to announce that Israel and Hamas have both signed off on the first Phase of our Peace Plan. This means that ALL of the Hostages will be released very soon, and Israel will withdraw their Troops to an agreed upon line as the first steps toward a Strong, Durable, and Everlasting Peace. 

‘All Parties will be treated fairly! This is a GREAT Day for the Arab and Muslim World, Israel, all surrounding Nations, and the United States of America, and we thank the mediators from Qatar, Egypt, and Turkey, who worked with us to make this Historic and Unprecedented Event happen. BLESSED ARE THE PEACEMAKERS!’ the president added.

Commerce Secretary Howard Lutnick and others have said Trump should receive the Nobel Peace Prize for the deal, but GOP Rep. Randy Fine argued that the award would be insufficient if lasting peace is obtained, instead suggesting that presidential term limits should be abolished.

‘The Nobel Peace Prize isn’t enough. If every living hostage is returned and lasting peace in the Middle East is secured, we should repeal the 22nd Amendment and thank the Lord for every day @realdonaldtrump can be our President. There will never be another one like him,’ he said in a post on X.

This post appeared first on FOX NEWS

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GOP senator demands FBI reveal if surveillance went beyond Jack Smith’s phone tracking

Sen. Cynthia Lummis, R-Wyo., is demanding information from the FBI on whether she has been subjected to additional surveillance, following revelations that former Special Counsel Jack Smith tracked her phone calls, calling the action ‘one of the most serious infringements on the separation of powers in American history.’ 

Fox News Digital first reported Monday that Smith and his’Arctic Frost’ team investigating Jan. 6 allegedly monitored the phone calls of Lummis and fellow GOP Sens. Lindsey Graham of South Carolina, Marsha Blackburn of Tennessee, Ron Johnson of Wisconsin, Josh Hawley of Missouri, Bill Hagerty of Tennessee, Dan Sullivan of Alaska, Tommy Tuberville of Alabama and GOP Rep. Mike Kelly of Pennsylvania.

Fox News Digital exclusively obtained an FBI document stating the names of the lawmakers and that an FBI special agent on Smith’s team ‘conducted preliminary toll analysis’ on the toll records associated with them.

An FBI official told Fox News Digital that Smith and his team were able to view which phone numbers the senators called, along with the location each call originated and where it was received.

Lummis is now seeking more information on the matter, writing a letter to FBI Director Kash Patel thanking him, President Donald Trump and Attorney General Pam Bondi for their ‘transparency regarding the blatantly unconstitutional surveillance activities conducted on the U.S. Senate and House of Representatives by the Biden Administration during Operation Arctic Frost.’

‘Your willingness to expose these abuses is crucial to getting the FBI and Department of Justice focused back on its core mission of delivering justice for all,’ she wrote in the letter to Patel, obtained by Fox News Digital.

Lummis is now demanding all FBI and DOJ records that identify which members of the Biden administration ‘authorized or approved the surveillance of my phone records and communications.’

Lummis is asking for the names of all DOJ officials, FBI officials, and any White House officials involved; the entire data file collected on her, including all phone records and any recordings or transcripts of her private communications; any legal statutes cited to justify the data collection; and any individuals with whom the information was shared.

She is also requesting documentation of ‘any other surveillance conducted by the FBI or DOJ from January 20, 2021, through January 20, 2025, on me related to my official duties as a United States senator.’

‘I believe that the surveillance of sitting United States Senators by the executive branch represents one of the most serious infringements on the separation of powers in American history,’ she wrote. ‘It seriously impinges on both my civil rights and my constitutional duties as a legislator, especially since this surveillance was directly connected to core legislative activities protected by the Speech or Debate Clause of the United States Constitution.’

Lummis added that ‘the American people deserve to know the truth about how the Biden administration weaponized federal law enforcement against their elected representatives.’

‘Those responsible will be held accountable,’ she wrote. ‘Thank you for your prompt attention to these requests, and for restoring integrity to the FBI.’

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

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

‘The American people deserve the truth, and under my leadership, they will have it,’ Patel told Fox News Digital. ‘We promised accountability for those who weaponized law enforcement, and we will deliver it.’

Patel added: ‘Under our watch, the FBI will never again be turned against the American people.’

‘It is a disgrace that I have to stand on Capitol Hill and reveal this — that the FBI was once weaponized to track the private communications of U.S. lawmakers for political purposes,’ FBI Deputy Director Dan Bongino, who briefed senators on the matter, told Fox News Digital. ‘That era is over.’

Bongino added: ‘Under our leadership, the FBI will never again be used as a political weapon against the American people.’

Meanwhile, the FBI has terminated employees and disbanded the CR-15 squad. Patel announced the actions were taken in response to the revelation of the ‘baseless monitoring’ of U.S. lawmakers.

‘We are cleaning up a diseased temple three decades in the making — identifying the rot, removing those who weaponized law enforcement for political purposes and those who do not meet the standards of this mission while restoring integrity to the FBI. I promised reform, and I intend to deliver it,’ Patel said in a statement to Fox News Digital.

Patel also posted about it on X, saying, ‘Transparency is important, and accountability is critical. We promised both, and this is what promises kept looks like… We terminated employees, we abolished the weaponized CR-15 squad, and we initiated an ongoing investigation with more accountability measures ahead.’

This post appeared first on FOX NEWS

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A Guide to Investing in Physical Gold

Gold is known as an attractive safe-haven investment and has been used to store wealth during volatile times through history.

It has interesting currency-like tendencies, and retains its purchasing power better than paper currencies.

In this article

    What physical gold product is best to buy?

    Physical gold investors are generally looking for items that are 0.999 fine. Most gold bullion coins fit this description, including the Canada Gold Maple Leaf, the South African Krugerrand and the American Buffalo Gold coin. American Gold Eagles are popular with investors, but they are have a much lower purity at 91.67 percent.

    An alternative to gold coins is gold rounds, which are also 0.999 fine but are not legal tender. This makes them slightly cheaper than gold coins, as the premium for gold coins is higher because of the credibility that comes from being fabricated by government mints.

    Both gold coins and gold rounds come in various sizes, usually ranging from 1/10 ounce to 1 ounce, though other less common sizes are available.

    Gold bars are another popular option. These also come in a variety of sizes, and as choices can range from a 1 gram bar to 400 ounce bar, this category of products can accommodate a range of investors. They are also 0.999 fine.

    When the objective is to get the most metal for the least money, it’s generally best to shop for gold rounds and gold bars, which tend to be cheaper than gold coins of the same weight.

    Another factor that may need to be considered is the amount to be invested. Bars may be the best option for large investments since bigger sizes are available. Further, it is often easier to manage large products than it is to manage an array of smaller gold items.

    However, physical gold investors also need to give forethought to when they may want to sell their gold. Large products will require liquidating a more sizeable portion of one’s gold portfolio, and such products may be more difficult to sell in some instances. Individuals making ongoing or significant investments may want to consider purchasing gold in various weights.

    What is the difference between the gold spot price and retail price?

    Investing in physical gold is often oversimplified, and the misconceptions can begin with pricing.

    A spot price by definition is the cost of immediate delivery, and is a way to gauge the legitimacy of an ask or retail price. The spot price is what is reported on and what most gold price charts will show. Unfortunately, some investors don’t realize until they make their first purchase that the spot price is not what one actually pays for physical gold.

    The retail price of gold is based off the spot price but includes a markup, also called a premium. In addition to premiums, there are numerous other expenses investors should be prepared to pay when purchasing pure gold, including shipping, handling and insurance. In some instances, prices may be higher for individuals who choose to pay with a credit card.

    There may also be processing fees to own the yellow metal or fees for small lot purchases. On the other hand, gold prices are sometimes lower for those purchasing larger quantities.

    Where can investors buy physical gold?

    Gold buying can be done through government mints, private mints, precious metals dealers and even jewelry stores. Some of these locations will offer numismatic coins or other gold items geared toward collecting and gift giving, which bullion investors should generally avoid. These products are for play in a different ball game and are not what the average gold investor needs.

    When choosing where to buy gold, it is again best to give thought to reselling it. Some businesses that sell gold will also buy it back. Some will even buy gold that they didn’t sell, but may pay lower prices.

    Furthermore, premiums and fees are not one size fits all when buying physical gold. Different sellers may offer the same items at different prices, so investors should take the time to find the best deal.

    How and when to sell physical gold?

    Investors looking to sell their gold bullion and coins should do so at bullion exchanges when possible, as those will offer the best value for the metal.

    Individuals who want to sell their gold quickly may consider “we buy gold” businesses as a convenient alternative. However, while these businesses can serve as a quick source of liquidity, they are usually not the best option, as their underlying business strategy often involves making lower-than-average offers, meaning you will receive less than you would at a bullion exchange or mint.

    As for when to sell your gold, there are a few other things to take into consideration.

    Just as buying gold often provides investors with a pricing wakeup call, investors who decide to sell are sometimes surprised at the prices they receive. That is because the buyback price, or bid, is lower than the asking price. The difference between the two is referred to as the spread, and it is a loss that the seller initially bears.

    For example, if an investor pays US$3,700 for a 1 ounce Canadian Maple Leaf from a bullion exchange and wanted to sell it back right after, the exchange’s buying price may only be US$3,610. The spot price is generally in the middle of the two.

    Furthermore, there are usually other costs involved with selling gold, including shipping, insurance and liquidation fees. Some businesses have minimum purchase requirements, and depending upon payment arrangements, it may be necessary for the investor to pay bank wire fees or postage to receive a check.

    The reality is that, given the spread and the costs associated with acquiring and selling gold, a sharp price move is generally needed to turn a profit in the short term. Investors are encouraged to consider building positions in physical gold as a long-term investment, possibly even for retirement savings.

    How should physical gold be stored?

    Determining the best storage option involves weighing risks against costs.

    Paying for secure storage eats into profits from the metal’s gains, so some people choose to store their gold at home or in their office. In theory, that is the riskiest option as it involves the highest potential for loss due to theft or disaster. But in many instances these risks are not substantial enough to justify the cost of other storage options.

    For home storage of smaller amounts of gold, mitigate theft risk by keeping it hidden somewhere that is less likely to be discovered. Of course, a sturdy home safe comes with an upfront cost and a footprint, but it can help protect valuables from theft and some disasters.

    As mentioned, gold can also be stored in a depository or safe deposit box for a cost. If an investor chooses this route, there are a few things to consider. Rates can vary between banks, so price comparison is important. Additionally, the contents of safety deposit boxes in financial institutions are generally not insured.

    Last but not least, some banks do not technically permit the storage of bullion, so it’s important to make sure it’s possible before signing a terms and conditions agreement. The information should be listed in the agreement as well.

    Is it possible to purchase physical gold through the futures market?

    A gold futures contract is an agreement to buy or sell gold on a date in the future for a price that is determined when the contract is initiated. The futures market is often referred to as an arena for paper trading. Generally, the bulk of the activity is just that, as metal is not actually exchanged and settlements are made in cash.

    However, the futures market can also be an arena for purchasing physical gold. That is not to suggest that it is the best source of metal for all investors as it may not increase one’s purchasing power.

    Obtaining gold through the futures market requires a large investment and involves a list of additional costs. The process can be complicated, cumbersome and lengthy, which is why this option is considered best for highly experienced market participants.

    What are some alternatives to physical gold?

    Purchasing metal is not the only way to gain exposure to physical gold. Indeed, the popularity of exchange-traded funds (ETFs) underscores how easily people can get into the gold market without actually owning physical gold.

    Gold ETFs may track gold stocks or they may track the gold spot price. Investors looking for the closest analog to buying physical gold will likely want to focus on the latter. However, it’s important to be aware that ETFs that follow the gold price are generally not vehicles to acquire gold, even if they are physically backed.

    One advantage of gold ETFs is that they can be easier to trade than physical gold. Some investors choose to hold a set amount of physical gold at all times and use ETFs to trade the metal’s ups and downs.

    To learn about your options, take a look at our lists of North American gold ETFs and gold ETFs on the ASX.

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

    This post appeared first on investingnews.com

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    Quantum BioPharma Announces Cash Reward of up to USD $7Million for Proof of Market Manipulation in its Stock

    Quantum BioPharma Ltd. (NASDAQ: QNTM) (CSE: QNTM) (FRA: 0K91) (“Quantum BioPharma” or the “Company”), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions for the treatment of challenging neurodegenerative and metabolic disorders and alcohol misuse disorders with drug candidates in different stages of development, is pleased to announce a public whistleblower policy with a potential cash reward of up to USD $7 million to any individual or entity who can provide definitive and verifiable proof that they were asked, instructed, hired, or otherwise induced to manipulate the Company’s stock. The following individuals or entities are not eligible to receive rewards: 1) current directors, officers, or employees of the Company; 2) members of law enforcement, regulatory agencies, or government officials acting in an official capacity; 3) individuals who obtained information unlawfully or in violation of legal or professional duties; and 4) individuals who knowingly submit false, misleading, or fabricated information. The Company will not use the information until the information provider gives consent to the Company to use the information. Those with information can submit directly to reward@quantumbiopharma.com or call 1-833-571-1811.

    When formulating this whistleblower reward and policy, Quantum BioPharma received legal opinions and comprehensive advice from multiple law firms/legal counsel, as well as the approval of its audit committee and its board of directors.

    The cash reward of up to USD $7 million will be paid if that information tangibly and significantly contributes evidence which leads to a final, non‑appealable judgment in favour of the Company, or a binding settlement. This information includes, but is not limited to, evidence of tactics used such as: 1) illegal “spoofing” trades or, at another’s behest; 2) the deliberate spreading of false or misleading information about the Company across the internet; 3) selling shares that are not timely delivered; and 4) lending shares you do not have.

    The whistleblower reward will only be paid out from the net proceeds of the Company’s ongoing lawsuit, once resolved. This reward can be shared between multiple parties providing different information.

    The determination of any reward amount is at the Company’s discretion and based on the significance and impact of the information. Any information provided will be kept confidential, unless required by law. Information will only be used once written consent has been obtained.

    The lawsuit, and this whistleblower reward, underscore the Company’s commitment to holding alleged perpetrators accountable, and helping restore market integrity.

    This reward program does not limit, replace, or interfere with the United States Securities and Exchange Commission (“SEC”) Whistleblower Program or whistleblower programs operated by Canadian regulatory authorities. Individuals remain free to report directly to the SEC and applicable Canadian regulatory authorities and may be eligible for statutory awards under federal law. No notice to the Company is required before contacting the SEC and this program does not waive any whistleblower’s right to receive any SEC award. This reward program encourages simultaneous reporting to the SEC, along with other applicable governmental authorities.

    Rewards are not payments for testimony. The Company will not direct, script, or influence any witness testimony. Reward eligibility does not depend on whether a whistleblower testifies; awards are based on the contribution and reliability of the information.

    Any potential whistleblower should review the terms of the reward program under the Company’s public whistleblower policy, a copy of which can be found here. Anyone with questions or seeking more information is encouraged to visit the Company’s Frequently Asked Questions web page found here.

    Other Key Highlights

    Landmark Lawsuit

    Quantum BioPharma is the Plaintiff in a landmark stock manipulation lawsuit, suing a number of major financial institutions – including CIBC World Markets and RBC Dominion Securities – for allegedly manipulating and/or allowing their clients to manipulate the Company’s stock price, using an illegal tactic called spoofing, between January 2020 and August 2024. Spoofing is the submission and cancellation of buy and sell orders without the intention to trade, in order to manipulate other traders. Quantum BioPharma is seeking more than USD $700 million in damages, after its share price plummeted from the equivalent of USD $460 in early 2020 to less than USD $10 by late 2024. Legal experts experienced in illegal spoofing have characterized this as allegedly “one of the top 5 biggest spoofing/market manipulation cases” seen in decades. The lawsuit on behalf of Quantum BioPharma is being led by Christian Attar and Freedman Normand Friedland LLP, both renowned law firms. Both law firms have taken this case on a contingency basis – meaning Quantum Biopharma bears no upfront legal costs. These law firms, aided by forensic investigators, have conducted an extensive investigation that has uncovered substantial evidence of a multi-year stock manipulation scheme causing significant financial damage and harm to the Company and its shareholders. The lawsuit details how defendants “spoofed” the market at least hundreds of times, artificially depressing Quantum Biopharma’s share price and harming countless retail investors. The complaint filed in court and other details can be downloaded from the Company’s website, here: Quantum VS Banks | Quantum BioPharma.

    A Call to Action and Confidentiality

    The Company’s appeal and call to action is aimed at individuals or entities (including employees of financial institutions, hedge funds, traders, online agents, or anyone who was approached to manipulate the Company’s stock), industry insiders, investors or anyone else who may have knowledge or evidence of such wrongdoing. Anyone with evidence is encouraged to contact the Company through the official channels provided on the Company’s website. Confidentiality is maintained to the extent permitted by law.

    Both law firms engaged by the Company have extensive experience in high-profile securities litigation and are committed to protecting the rights of those who come forward. By leveraging this whistleblower reward, the Company and its legal team aim to help shine a light on any collusion or instructions given behind the scenes to manipulate the stock’s price.

    Potentially Expanding the Investigation

    The Company believes the illegal stock market manipulation could extend far beyond the already-named defendants and could potentially involve additional brokers or parties, which it has so far refrained from naming pending further evidence. This whistleblower reward aims to accelerate the discovery of such additional alleged conspirators. By inviting those with inside knowledge to come forward, the Company hopes to further strengthen its case. This initiative is complementary to the Company’s ongoing commitment to involve its shareholder community in the fight – the Company has already invited investors to share their experiences of anomalous trading activity in the Company’s stock as part of documenting the very real and broader impact that retail shareholders have suffered.

    About Quantum BioPharma Ltd.

    Quantum BioPharma (NASDAQ: QNTM) is a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions for the treatment of challenging neurodegenerative and metabolic disorders and alcohol misuse disorders with drug candidates in different stages of development. Through its wholly owned subsidiary, Lucid Psycheceuticals Inc. (“Lucid”), Quantum BioPharma is focused on the research and development of its lead compound, Lucid-MS. Lucid-MS is a patented new chemical entity shown to prevent and reverse myelin degradation, the underlying mechanism of multiple sclerosis, in preclinical models. Quantum BioPharma invented unbuzzd and spun out its OTC version to a company, Celly Nutrition Corp, now Unbuzzd Wellness Inc., led by industry veterans. Quantum BioPharma retains ownership of 20.10% (as of June 30, 2025) of Unbuzzd Wellness Inc. at www.unbuzzd.com. The agreement with Unbuzzd Wellness Inc. also includes royalty payments of 7% of sales from unbuzzd until payments to Quantum BioPharma total $250 million. Once $250 million is reached, the royalty drops to 3% in perpetuity. Quantum BioPharma retains 100% of the rights to develop similar products or alternative formulations specifically for pharmaceutical and medical uses. Quantum BioPharma maintains a portfolio of strategic investments through its wholly owned subsidiary, FSD Strategic Investments Inc., which represents loans secured by residential or commercial property.

    For more information visit www.quantumbiopharma.com.

    Forward-Looking Information

    This press release contains certain ‘forward-looking statements’ within the meaning of applicable securities law. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, identified by words or phrases such as “believes”, “hopes”, “alleges”, “pending”, “further”, or variations of such words and phrases or statements that certain actions events or results “may”, “could”, “which”, or “will” and similar expressions) are not statements of historical fact and may be forward-looking statements. Forward-looking information herein includes, but is not limited to, statements regarding: the Company’s ongoing litigation against major financial institutions; the potential outcome or judgment value; expectations regarding whistleblower submissions and related rewards; continued market integrity initiatives; future business performance and possible acquisitions.

    In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation: the ability to obtain and validate whistleblower evidence; the timing and outcome of legal proceedings; resolution of ongoing litigation on favourable terms, availability and sufficiency of litigation funding; continued regulatory compliance and market stability for the Company’s operations.

    The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made, and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The above lists of forward-looking statements and assumptions are not exhaustive. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated or implied by such forward-looking statements due to a number of factors and risks. These include: the adverse outcome of legal actions; the receipt and credibility of whistleblower disclosures; changes in applicable laws and regulations; the actions of third parties involved in alleged manipulation; evolving market dynamics; the sufficiency of future litigation proceeds to fund the Company’s whistleblower reward; the continued ability to obtain sufficient litigation funding; limited future growth opportunities, and reliance on key personnel.

    Except to the extent required by applicable securities laws and the policies of the Canadian Securities Exchange, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change.

    The reader is urged to refer to additional information relating to Quantum BioPharma, including its annual information form, can be located on the SEDAR+ website at www.sedarplus.ca and on the EDGAR section of the SEC’s website at www.sec.gov for a more complete discussion of such risk factors and their potential effects.

    Contacts:

    Quantum BioPharma Ltd.
    Zeeshan Saeed, Founder, CEO and Executive Co-Chairman of the Board
    Email: Zsaeed@quantumbiopharma.com
    Telephone: (833) 571-1811

    Investor Relations
    Investor Relations: IR@QuantumBioPharma.com
    General Inquiries: info@QuantumBioPharma.com

    Source

    This post appeared first on investingnews.com

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    Nine Mile Metals Closes Oversubscribed Non Flow Through Private Placement

    NINE MILE METALS LTD (CSE: NINE) (OTCQB: VMSXF) (FSE: KQ9) (the ‘Company’ or ‘Nine Mile’) has closed the oversubscribed non-flow-through private placement financing. The company issued 12,142,174 units at a price of 1.5 cents per unit for proceeds of $182,132. The company’s flow-through private placement is still open, with closing expected shortly.

    Each unit consists of one common share of the company and one-half common share purchase warrant, with each warrant entitling the holder thereof to purchase one common share at a price of five cents for a period of 36 months.

    The proceeds raised through the private placement will be used for general and administrative obligations. All securities issued in the private placement are subject to a four-month-and-one-day hold period.

    About Nine Mile Metals Ltd.:

    Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on Critical Minerals Exploration (CME) VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS; California Lake VMS; Canoe Landing Lake (East–West) VMS and the Wedge VMS Projects. The Company is focused on Critical Minerals Exploration (CME), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold.

    ON BEHALF OF NINE MILE METALS LTD.

    ‘Patrick J. Cruickshank, MBA”

    Chief Executive Officer and Director Tel: (506) 804-6117

    Email: info@ninemilemetals.com

    The disclosure of technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and reviewed and approved by Gary Lohman, B.Sc., P. Geo., VP Exploration and Director who acts as the Company’s Qualified Person and is not independent of the Company.

    Forward-Looking Information:

    This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek, ”anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Although Nine Mile believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Nine Mile can give no assurance that they will prove to be correct.

    Source

    This post appeared first on investingnews.com

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    How to Invest in Platinum Stocks, Bullion and More

    Platinum is the third most traded precious metal in the world after gold and silver, and investment demand is growing.

    It is also an industrial metal that is widely used in a variety of sectors. The four main uses of platinum are in catalytic converters for the automotive industry; as a material in jewelry; in industrial applications in various sectors including fertilizers, hard drives, electronics, and glass manufacturing; and in medical devices and pharmaceuticals.

    The long-term outlook for platinum is strong, making the sector potentially compelling for investors. In September 2025, platinum prices surged above US$1,500 for the first time since July 2014, and crossed US$1,600 before the month closed.

    Here’s a brief overview of platinum supply and demand dynamics, as well as a look at a few different ways to start investing in platinum, namely bullion, platinum stocks, exchange-traded funds (ETFs) and futures.

    In this article

      What is platinum?

      Platinum is a silvery-white precious metal that is soft and ductile. It is highly prized for its durability and excellent catalytic properties, such as a high melting point, resistance to corrosion and simple acids, and ability to serve as a carbon monoxide oxidation catalyst. Platinum’s symbol on the periodic table of elements is Pt.

      Platinum is the most abundant and widely used of the platinum-group metals (PGMs), which also includes palladium, rhodium, iridium and other metals.

      Platinum is not typically mined on its own, but rather alongside palladium and other PGMs within nickel and copper ores or chromitite.

      Platinum demand trends

      Platinum’s diversity of applications helps to create a resilient market for this metal even in an economic downturn. The four biggest demand sectors for platinum are automotive at 39 percent, jewelry at 28 percent, industrial at 24 percent and investment at 9 percent.

      Total platinum demand for 2025 is expected to come in at 7.88 million ounces, down about 4 percent from the previous year’s demand, according to the World Platinum Investment Council (WPIC), which provides quarterly market overviews.

      ‘An upgrade to jewellery demand expectations and continued robust investment demand, driven by strength in bar and coin in China, are offset by slightly weaker automotive demand and a cyclical trough in glass demand within the industrial segment,’ the WPIC noted in its Q2 2025 report.

      Automotive

      In the automotive industry, both platinum and fellow PGM palladium are used in catalytic converters for vehicle exhaust systems. Due to their differing properties, platinum is preferred for diesel engines and palladium is the metal of choice for gasoline engines.

      In recent years, platinum has been increasingly substituted for palladium in gas-powered vehicles due to high prices for palladium seen in the early 2020s. Although the price disparity has decreased, analysts expect that the substitution trend will continue for some time.

      Demand from this sector is expected to decline by 3 percent year-on-year in 2025 to 3.03 million ounces as global auto sales and production are in decline, especially in Europe, according to the WPIC.

      Another important factor impacting this segment of the market is the growing market for electric vehicle (EVs), which do not require catalytic converters to control emissions. Although EV demand growth has been slower than anticipated, which has proven positive for platinum, EVs made up over 20 percent of global new car sales in 2024.

      The transition to electric and US tariffs affecting the industry are weighing on platinum demand from the auto sector, but the WPIC says this segment of the market is ‘proving resillient’ despite these downward forces.

      Industrial

      Demand from the industrial sector is expected to be the largest drag on overall platinum demand in 2025, with the WPIC predicting it will drop by 22 percent in 2025 to 1.49 million ounces. WPIC predicts that a cyclical slowdown in new capacity in glass manufacturing will cause a 74 percent year-over-year reduction in demand from this segment of the industrial sector, translating to a drop of 515,000 ounces.

      Jewelry

      Global jewelry consumption is projected to grow by 11 percent in 2025 to reach 2.23 million ounces. Regionally, demand growth is centered in China as platinum becomes a much more affordable option compared to gold. Chinese platinum jewelry fabrication is expected to grow by 42 percent in 2025.

      Investment

      Regarding investment demand for platinum, in 2025 WPIC expects a 2 percent jump over the previous year to 718,000 ounces of the metal. Specifically looking at platinum bars and coins, the WPIC is forecasting demand in this segment to grow by 45 percent year-on-year to a two-year high of 282,000 ounces.

      Hydrogen

      In recent years, the transition to a green economy and the growth of hydrogen technologies has created another growing market for platinum. The WPIC has noted that the hydrogen market, specifically proton exchange membrane electrolyzers and hydrogen fuel-cell electric vehicles, is expected to become ‘a meaningful component of global demand by 2030 and potentially the largest segment by 2040.’

      For now, the hydrogen sector represents less than 1 percent of total platinum demand, although it is expected to increase by 19 percent this year to 49,000 ounces.

      Platinum supply trends

      The 22 percent decline year-over-year in platinum demand has not alleviated the ongoing supply-demand imbalance. The platinum market is destined to remain in a supply deficit for a third-straight year in 2025, according to WPIC estimates, with a shortfall of 850,000 ounces of the metal.

      Analysts are forecasting total platinum supply of 7.03 million ounces in 2025, a net decrease of 3 percent year-over-year.

      Recycled platinum supply is anticipated to reach 1.6 million ounces in 2025, a 6 percent jump year-over-year, as higher platinum prices incentivizing recycling of the metal.

      On the other hand, mined platinum supply is expected to fall 6 percent to 5.43 million ounces in 2025, which the WPIC attributed to lower production out of South Africa, Zimbabwe and North America.

      South Africa is by far the largest platinum country in terms of mined platinum and reserves, according to the US Geological Survey data, accounting for about 67 percent of global output. The country’s Bushveld Complex is the largest PGM resource in the world. However, ongoing electricity shortages and transport line disruptions have restrained platinum mine output from the country in recent years.

      How to invest in platinum

      Investors who believe the above market dynamics will eventually result in a higher platinum price may be interested in investing in the metal. There are several ways to invest in platinum, from platinum mining stocks and platinum ETFs to physical bars and coins and platinum futures.

      Platinum stocks

      One way to invest in platinum is to own shares of a platinum-mining company. Depending on your risk tolerance, both major platinum miners, junior exploration companies offer an easy entry point.

      Major platinum mining stocks

      Eastern Platinum (TSX:ELR,OTC Pink:ELRFF)
      Eastern Platinum, or Eastplats, has a number of directly and indirectly owned PGM assets in the Bushveld Complex of South Africa. In addition to its ongoing work recovering chrome from historical tailings at the Crocodile River mine, Eastplats is ramping up production of PGM and chrome concentrates at Crocodile River’s new Zandfontein underground mine last year.

      Impala Platinum Holdings (OTCQX:IMPUF,JSE:IMP)
      Impala Platinum, or Implats, is one of the most prominent platinum producers in the world. The company has majority ownership or joint ventures in four PGM mining operations and a refining facility in South Africa’s Bushveld Complex, two PGM mining operations in Zimbabwe and the Lac des Iles PGM mine in Ontario, Canada.

      Sibanye Stillwater (NYSE:SBSW)
      Sibanye Stillwater has a diverse metals mining portfolio and is one of the world’s largest primary platinum and palladium producers. It also adopted a circular economy business model that includes platinum recycling. The company has numerous PGM operations in South Africa and the United States. Its US Stillwater and East Boulder operations are in Montana’s Stillwater Complex, the country’s largest source of PGMs.

      Tharisa (LSE:THS,JSE:THA,OTC Pink:TIHRF)
      Tharisa is a vertically integrated PGM company, and through its subsidiaries its operations span from exploration through to production, beneficiation and distribution. Tharisa’s PGM assets include the Tharisa platinum-chrome mine in South Africa’s Bushveld Complex and the Karo platinum mine in Zimbabwe, which is now under construction.

      Valterra Platinum (LSE:VALT,JSE:VAL,OTC Pink:ANGPY)
      Valterra Platinum, formerly Amplats, is a leading primary producer of PGMs, supplying mined and recycled platinum products. The company was demerged from Anglo American (LSE:AAL,OTC Pink:AAUKF) in 2025. The company operates the Mogalakwena mine, Amandelbult complex and Mototolo mine in South Africa’s Bushveld Complex.

      Junior mining stocks

      Bravo Mining (TSXV:BRVO,OTCQX:BRVMF)
      Bravo Mining is advancing its wholly owned Luanga PGM-gold-nickel project in the Carajás Mineral Province of Brazil. The project’s 2025 mineral resource estimate shows measured and indicated resources of 10.4 million ounces of palladium equivalent at 2.04 grams per metric ton (g/t).

      Canada Nickel Company (TSXV:CNC,OTCQX:CNIKF)
      Canada Nickel Company is advancing its wholly owned flagship Crawford nickel-cobalt sulfide project located in the Timmins-Cochrane mining camp of Ontario, Canada. The project also hosts significant platinum and palladium mineralized zones.

      Canada North Resources (TSXV:CNRI,OTCQX:CNRSF)
      Canada North Resources wholly owns the late-stage Ferguson Lake exploration project in the Kivalliq Region of Nunavut, Canada. The polymetallic project hosts base metals nickel, copper and cobalt as well as PGMs, including 630,000 ounces of platinum and 3.53 million ounces of palladium in the indicated category.

      Chalice Mining (ASX:CHN)
      Chalice Mining owns the Gonneville project in Western Australia. The project hosts a mix of metals, including palladium, platinum, nickel, cobalt and copper. The Western Australia government has designated Gonneville a Strategic Project in recognition of the project’s importance for the country’s critical metals industry, and Chalice expects to complete its pre-feasibility study in Q4 2025.

      Clean Air Metals (TSXV:AIR,OTCQB:CLRMF)
      Clean Air Metals is focused on its wholly owned exploration-stage Thunder Bay North critical minerals project in the Thunder Bay region of Ontario, Canada. The project hosts platinum, palladium, copper and niobium mineralization, with an indicated resource of 1.2 million ounces of combined platinum and palladium.

      Lifezone Metals (NYSE:LZM)
      Lifezone Metals has developed a hydrometallurgical processing technology, which it calls Hydromet Technology, as a cleaner alternative to smelting for base and precious metals refining. The company has a joint venture partnership agreement with Glencore (LSE:GLEN); Lifezone will use its Hydromet Technology to recycle platinum, palladium and rhodium in the Un, and Glencore will act as the offtaker and marketer. Lifezone also owns the Kabanga nickel-copper-cobalt project in Tanzania.

      Platinum Group Metals (TSX:PTM,NYSE:PLG)
      Platinum Group Metals is working to bring into production its advanced-stage Waterberg PGM deposit in South Africa’s Bushveld Complex. First discovered by the company, the project is now a joint venture with key partners that include Implats at 14.86 percent. Platinum Group retains a 50.16 percent position in Waterberg and will be the majority operator.

      Ramp Metals (TSXV:RAMP)
      Ramp Metals owns the Rottenstone SW and PLD projects in Saskatchewan, Canada. Rottenstone is situated adjacent to a northeast-southwest geological formation connected to the historic Rottenstone mine, which produced nickel, PGMs and gold, although Ramp is currently focused on gold and copper at the site.

      Platinum bars and coins

      Another investment option is the direct purchase of physical platinum bars or platinum coins through a bullion dealer.

      One example is BullionVault’s online physical platinum market, which is supported by the WPIC, and gives private individuals access to vaulted platinum for the same prices currently paid by institutional investors. The market is open 24 hours a day, seven days a week.

      Investors in the United States can also now buy 1 ounce platinum bars and coins at Costco, an option you can learn more about here.

      For more information on how to invest in precious metals coins and bullion, check out our guide on buying physical gold, as much of the advice also applies to physical platinum investing.

      Platinum ETFs

      Those interested in platinum can also gain exposure via platinum ETFs and platinum exchange-traded notes (ETNs). Here are a few to get you started.

      iShares MSCI Global Metals & Mining Producers ETF (NYSE:PICK)
      The iShares MSCI Global Metals & Mining Producers ETF provides investors with access to the global mining industry through an international basket of companies engaged in the extraction and production of metals, including platinum. Its holdings include platinum mining companies Valterra Platinum, Implats and Sibanye Stillwater. It has the lowest expense ratio on this list at 0.39 percent.

      Aberdeen Physical Platinum Shares ETF Trust (ARCA:PPLT)
      The Aberdeen Physical Platinum Shares ETF is designed to reflect the performance of the price of physical platinum less the trust’s expenses and holds platinum bars in a secure vault. It has an expense ratio of 0.6 percent.

      Sprott Physical Platinum and Palladium Trust Unit (ARCA:SPPP)
      The Sprott Physical Platinum and Palladium Trust is another option that provides access to the physical platinum bullion market while allowing the flexibility of an exchange-traded security. It has the highest expense ratio on this list at 0.98 percent.

      GraniteShares Platinum Shares (ARCA:PLTM)
      The GraniteShares Platinum Trust tracks the spot price of platinum less trust expenses, and holds a physical portfolio of platinum ingots kept in a vault in London, UK. It has an expense ratio of 0.5 percent.

      Global X Physical Platinum Structured (ASX:ETPMPT)
      Global X Physical Platinum is an ASX-listed platinum ETF that provides Australian investors access to platinum held in JP Morgan storage facilities. It has a management fee of 0.49 percent.

      Platinum futures

      Another option for those looking to invest in platinum is platinum futures, a derivative instrument tied directly to the price of the actual metal. Futures are a financial contract between an investor and a seller. The investor agrees to purchase an asset from the seller at an agreed-upon price based on a date set in the future.

      Rather than intending to take possession of the material asset, investors speculating in the futures market are instead making bets on whether the price of a particular commodity will rise or fall in the near future.

      For example, if you buy a platinum futures contract believing the price of metal is set to rise, and your prediction proves correct, you could gain a return on your investment by selling the now more valuable futures contract before it expires. However, be advised that trading futures contracts is not for the novice investor.

      Platinum futures are available for trade on the New York Mercantile Exchange (NYMEX), which is part of the CME Group. For more information on precious metals futures investing, see our guides to gold futures and silver futures.

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

      This post appeared first on investingnews.com

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      Gold Price Breaches US$4,000, Silver Tests US$50

      Gold marked a new price milestone on Wednesday (October 8), breaking US$4,000 per ounce.

      The spot price hit a fresh record, rising as high as US$4,056.14 in midday trading. Future prices for gold breached US$4,000 for the first time on Tuesday (October 7) and have continued to climb higher.

      The yellow metal’s rise follows a summer of consolidation. After several months of relatively flat trading, the price began pushing higher toward the end of August, quickly reaching US$3,500 and continuing on up.

      Gold futures are up about 12 percent in the last month, and just over 54 percent year-to-date.

      Gold price, October 1 to October 8, 2025.

      Gold’s latest rise began last week, after US Congress failed to reach an agreement on a spending bill ahead of the new fiscal year, triggering a government shutdown. The closure has now lasted a week, with a key sticking point between Democrats and Republicans being an extension to billions of dollars in subsidies for Obamacare.

      US President Donald Trump said Monday (October 6) that negotiations were taking place with Democrats and ‘could lead to very good things’ in terms of healthcare. However, Senator Chuck Schumer and Representative Hakeem Jeffries, Congress’ two Democrat leaders, said no talks were happening and that the White House ‘has gone radio silent.’

      Various issues are emerging as the shutdown progresses, with one of the most recent being the Trump administration’s suggestion that furloughed federal workers may not receive backpay.

      Beyond current events, gold’s rise is underpinned by factors like strong central bank buying, global geopolitical uncertainty, concerns about the US dollar and other fiat currencies and expectations of lower interest rates.

      Those elements have many experts predicting a rise well beyond US$4,000 for the precious metal, likely before the end of the year, although a correction is widely expected beforehand.

      Gold’s sister metal silver is also surging higher this week, despite a pullback in the the price on Tuesday.

      Silver price, October 1 to October 8, 2025.

      The white metal rose as high as US$48.74 per ounce on Monday, but retreated on Tuesday to the US$47.80 level. On Wednesday, silver followed gold higher to US$49.42 by midday.

      Silver was last at these price points in 2011, and is close to its 1980 all-time high.

      As with gold, experts see a silver correction as natural given its rapid ascent, but think the rally is far from over.

      ‘The idea that this bull market is over is a fallacy. I would exercise caution, because I believe we’re due a correction. But I’m very happy with silver’s performance so far year-to-date,’ said analyst Ted Butler.

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

      This post appeared first on investingnews.com

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      BHP to Invest Over AU$840 Million in Olympic Dam Operation as Copper Demand Grows

      Major miner BHP (ASX:BHP,NYSE:BHP,LSE:BHP) welcomed October with the news that it will invest over AU$840 million in its Olympic Dam copper operation in South Australia.

      In an October 1 release, the commodities giant said that the funding is for a series of “growth-enabling projects” at the site, focused on strengthening underground mining productivity.

      The company outlines several priority projects it intends to pursue at Olympic Dam, namely the construction of an underground access tunnel, a new backfill system, expansion of ore pass capacity and the installation of a new oxygen plant to improve smelter performance and support increased copper-processing capability.

      “We expect to grow our copper base from 1.7 million tonnes to around 2.5 million tonnes per annum,” shared BHP COO Edgar Baston. “Achieving that scale requires significant copper growth, and we are fortunate to have a world-class copper province right here in South Australia to do just that.” According to Baston, BHP’s South Australian copper province has been delivering over 300,000 tonnes a year for the past three years.

      Copper demand set to rise

      In a global trade update shared in May, UN Trade & Development notes that global demand for copper is expected to grow by over 40 percent by 2040. This projected demand increase will drive supply requirements, with the organisation citing the need for around 80 new mines and US$250 billion in investment by 2030 to keep up.

      For its part, BHP notes that global copper demand is projected to grow 70 percent by 2050 due to population growth, rising living standards and the energy transition. It adds that this poses a general opportunity for South Australia, underlining that it holds about two-thirds of Australia’s copper resources.

      History of Olympic Dam

      Olympic Dam was acquired by BHP in 2005 through its acquisition of Western Mining. It has become a cornerstone of BHP’s copper portfolio, with copper accounting for around 70 percent of the asset’s total revenue.

      In its 2025 fiscal year, BHP reported a production of over 2 million tonnes of copper for the first time.

      Don Farrell, Australian minister for trade and tourism, commented on the company’s investment in Olympic Dam, noting, ‘Australia is at the forefront of the energy transition in which copper is a vital resource and by securing the continued flow of copper from Olympic Dam, BHP is ensuring South Australia’s position as a key global supplier.”

      BHP October updates

      Also in early October, BHP iron ore cargoes were banned by Chinese iron ore buyer China Mineral Resources Group. The move reportedly stems from pricing disputes and has raised concerns for Australia.

      Australia remains China’s top provider of iron ore, and BHP continues to be among the country’s major iron ore exporters, alongside Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) and Fortescue (ASX:FMG,OTCQX:FSUMF).

      BHP has not commented on the matter as of writing.

      On a positive note, BHP launched the fourth edition of its Xplor Critical Minerals Accelerator Program.

      As in previous cohorts, Xplor 2026 participants can receive up to US$500,000 in equity-free funding, mentorship and access to BHP’s global network of suppliers and service providers.

      Submissions close on October 15 at 11:59 p.m. AEST.

      Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

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      Saskatchewan Implements New 3 Percent Lithium Royalty, Provides Clarity to Companies

      Saskatchewan has introduced a new royalty framework for lithium production, marking a major step toward supporting the province’s growing role in Canada’s critical minerals sector.

      The amendments to 2017 subsurface mineral royalty regulations formally establish a 3 percent Crown royalty on the value of brine mineral sales, coupled with a two year holiday for new productive capacity.

      Provincial officials said the change aligns Saskatchewan’s royalties for lithium with those already applied to potash, salt and sodium sulfate, and keeps the province competitive with leading jurisdictions worldwide.

      “Lithium is a critical mineral that is expected to see strong demand and growth in the decades ahead, and Saskatchewan is well-positioned to take advantage of this opportunity,” Energy and Resources Minister Colleen Young said.

      “By putting this royalty framework in place now, we are providing certainty for industry, while ensuring the people of Saskatchewan benefit as this sector develops,” Young added.

      Industry participants have welcomed the move, calling it a clear signal that the province intends to be a serious player in the global lithium supply chain. Canada-based explorer EMP Metals (CSE:EMPS,OTCQB:EMPPF) described the royalty rate as internationally competitive and a meaningful boost for project economics.

      “This is very welcome news. The government of the province of Saskatchewan has once again proven itself to be supportive of lithium production in the province,” EMP Metals CEO Karl Kottmeier said. “This is a highly competitive royalty rate internationally, and a two-year royalty holiday on new production immediately makes a positive impact on financial modelling of what is already a compelling business case for our Project Aurora lithium production project.”

      Grounded Lithium (TSXV:GRD) President and CEO Gregg Smith noted that the policy encourages further investment, while recognizing the high upfront costs of developing processing capacity.

      “This new regulatory framework provides a reasonable royalty rate while also recognizing the significant risk and initial investment companies make in processing facilities to ultimately achieve commercial production,” he said.

      Saskatchewan has emerged as one of Canada’s top destinations for mining investment. The Fraser Institute’s annual mining company survey ranked it the country’s leading jurisdiction, with the province projected to attract over US$7 billion in mining investment this year — more than a quarter of Canada’s total.

      The lithium framework also aligns with the province’s broader Critical Minerals Strategy, launched in 2023 to position Saskatchewan as a key contributor to Canada’s resource independence and energy transition.

      The plan targets a 15 percent share of national mineral exploration by 2030, the doubling of critical mineral production, and the expansion of existing potash, uranium, and helium output.

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

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