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The Senate took a massive step forward on its way to reopening the government on Sunday, with a group of Senate Democrats caving and joining Republicans in their bid to pass a revamped plan to end the shutdown.

Signs that the shutdown, which entered its 40th day, could be ending became more and more clear as the day went on, particularly with the unveiling of a bipartisan package of spending bills that lawmakers hope to attach to a modified bill to reopen the government.

Eight Senate Democrats crossed the aisle to mark the first step in the GOP’s quest to end the shutdown. Many of the lawmakers that splintered from Senate Minority Leader Chuck Schumer, D-N.Y., were among those engaged in bipartisan talks over the last several weeks.

Among the defectors were Sens. Angus King, I-Maine, John Fetterman, D-Pa., Catherine Cortez Masto, D-Nev., Jeanne Shaheen, D-N.H., Maggie Hassan, D-N.H., Jacky Rosen, D-N.M., Tim Kaine, D-Va., and the number two Democrat in the Senate, Dick Durbin, D-Ill.

‘The question was, does the shutdown further the goal of achieving some needed support for the extension of the tax credits? Our judgment was that it will not,’ King said. ‘It would not produce that result. And the evidence for that is almost seven weeks of fruitless attempts to make that happen.’

Schumer and Senate Democrats long stayed the course that they would only vote to reopen the government in exchange for a solid deal on extending expiring Obamacare subsidies.

But the solution developed over the last several days included nothing of the sort. While there were some wins in the updated continuing resolution (CR), like reversals of some of the firings of furloughed workers undertaken by the Trump administration and guaranteeing back pay for furloughed workers, there was no guaranteed victory in sight on the Obamacare issue.

That means that Senate Democrats effectively caved with little to show for their healthcare push, save for the guarantee of a vote on the subsidies from Senate Majority Leader John Thune, R-S.D., which was reflected in the updated CR. 

Schumer panned the compromise deal, and charged that when Republicans rejected Democrats’ own counter-proposal that would have extended the expiring subsidies for a year, ‘They showed that they are against any health care reform.’

‘This healthcare crisis is so severe, so urgent, so devastating for families back home that I cannot, in good faith, support this CR that fails to address the healthcare crisis,’ Schumer said. 

Thune was optimistic that the plan would work, and reiterated his promise of a vote on the expiring subsidies. However, whatever legislation is produced to address the Obamacare issue is likely to fail. 

Regardless, as I have said for weeks to my Democrat friends, I will schedule a vote on their proposal, and I’ve committed to having that vote no later than second week in December,’ he said. 

Progressives in the caucus were unhappy with the developments, too.

Sen. Bernie Sanders, I-Vermont, charged that it would be a ‘horrific mistake’ for Democrats to cave now without an Obamacare deal.

‘If Democrats cave on this issue, what it will say to Donald Trump is that he has a green light to go forward toward authoritarianism,’ Sanders said. ‘And I think that would be a tragedy for this country.’

Still, there is a long way to go before the government officially reopens.

Sunday’s vote was the first in a series needed in the Senate to modify the original House-passed continuing resolution and combine it with the three-bill spending package and updated CR, which, if passed, would reopen the government until Jan. 30, 2026.

Lawmakers hope that if given the extra time, they could finish funding the government with spending bills rather than turning to another CR or colossal omnibus spending package, which crams all 12 government funding bills into one piece of legislation.

‘If we blow this window, we’re going to get stuck with a yearlong CR,’ Sen. John Hoeven, R-N.D., said.

And the shutdown won’t end in the Senate, given that the changes to the legislation will need to be greenlit by the House before making it to President Donald Trump’s desk.

Democrats could still extract pain through procedural hurdles unless there is unanimous agreement from all 100 senators to move forward with the remaining votes.

The Obamacare issue is still bubbling on both sides of the aisle, however. Senate Republicans slammed the state of healthcare throughout Saturday, particularly over how the subsidies funneled money to insurance companies.

Democrats still remained skeptical if their frustration, and desire to make changes to take on insurance companies, was legitimate.

‘The point, I think that’s really relevant here, is if they’re serious, and I really question whether that’s the case,’ Sen. Ron Wyden, D-Ore., said.

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The Federal Aviation Administration (FAA) started reducing air traffic across 40 airports Friday due to air traffic controller staffing issues stemming from the government shutdown.

As the government shutdown has hit 40 days, more air traffic control workers have refused to come to work as they’re about to miss a second paycheck next week — prompting the FAA to make cuts to ensure no safety issues arise.

But these flight reductions will likely continue if the shutdown does — or worsen — and could impact thousands of flights daily, according to Marc Scribner, a senior transportation policy analyst at the libertarian Reason Foundation think tank.

‘This would affect thousands of flights per day, and tens of thousands of passengers potentially seeing their flights canceled — a major disruption,’ Scribner told Fox News Digital Thursday.

As of Sunday, there are now enough Senate Democrats willing to back a revamped plan to reopen the government. But if the shutdown doesn’t end, air travel disruptions are at risk. 

‘I don’t think we would expect, if the shutdown continues, for staffing levels to improve over what they are right now,’ Scribner said. ‘If anything, they will continue to deteriorate as controllers call out sick or perhaps even resign. So I would expect it would not get better as long as the shutdown continues.’

Scribner said that travelers shouldn’t be concerned that the reduction in flights would translate to a lapse in safety, but said they should be aware that their travel schedules will likely take a hit as a result.

‘They’re not going to allow unsafe flights. So whatever that means in terms of staffing capability and workflow, they are going to reduce the flights in order to maintain that very high level of safety that’s demanded of that,’ Scribner said. ‘Travelers shouldn’t be concerned about safety in this, but they should be concerned about their travel schedules, which are likely to be impacted.’

Richard Stern, director of the Grover M. Hermann Center for the Federal Budget at conservative think tank The Heritage Foundation, also said he expects this reduction to continue until the shutdown ends. 

‘Unfortunately, I think it’s going to have to continue until the shutdown ends, because they’re running through resources that they don’t have until this funding again,’ Stern told Fox News Digital Thursday. 

Stern said the government has been entering into uncharted territory now with what minimum services the government is required to provide, despite the fact that funding has expired. 

‘No one really knows exactly what the next steps are after this,’ Stern said. 

No clarity has been provided regarding how long this reduction in flights is expected to continue. The Department of Transportation, which oversees the FAA, did not immediately respond to a request for comment from Fox News Digital.

The FAA said Friday that air traffic will be cut by 10% in the coming days across 40 ‘high-volume’ markets, including those in major cities like Atlanta, Denver, Dallas, Orlando, Miami and San Francisco, according to a list of airports obtained by The Associated Press. Major metropolitan areas with several airports like New York and Chicago will have outages at multiple locations.

Reducing air traffic in response to the lapse in funding from the government shutdown is unprecedented, according to FAA Administrator Bryan Bedford.

‘I’m not aware in my 35-year history in the aviation market where we’ve had a situation where we’re taking these kinds of measures,’ Bedford said at a news conference Wednesday.

Air traffic controllers have been working without pay since the shutdown kicked off Oct. 1, and often are required to work six days a week in addition to mandatory overtime.

Bedford said that the decision to reduce air traffic was made in order to prevent a crisis from emerging, amid increased staffing pressures and voluntary safety reports from pilots suggesting that air traffic controllers were facing heightened levels of fatigue.

‘We’re not going to wait for a safety problem to truly manifest itself when the early indicators are telling us we can take action today to prevent things from deteriorating,’ Bedford said. ‘The system is extremely safe today and will be extremely safe tomorrow. If the pressures continue to build even after we take these measures, we’ll come back and take additional measures.’

The Associated Press contributed to this report.

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Let’s put politics aside, as if that were possible, and look at how the craziness of the last few days is affecting people.

A week ago, President Donald Trump announced that the 42 million Americans on the SNAP nutrition program would not be getting their benefits — this against the backdrop of a government shutdown that has now reached its 40th day.

This against the backdrop of millions of federal workers who have not been paid while the shutdown drags on — and many of whom live paycheck to paycheck.

This against the backdrop of Trump throwing a lavish, Great Gatsby-themed Mar-a-Lago bash where guests in formal wear watched opera and feasted on blue cheese mousse, sliced beef filet, seared scallops and Trump chocolate cake.

Meanwhile, a federal judge ordered the administration to resume SNAP benefits, which cost $8.5 billion a month, but the Supreme Court gave Trump time to appeal.

And when at least nine states said they would pay for SNAP benefits during the crisis, Trump ordered them to ‘immediately undo’ any effort to provide food stamps to lower-income families — or face financial penalties.

Let’s see: how does this make the president look?

I hate this word, but what are the optics of this determined effort to stop these benefits from reaching hungry families?

After all, when a wealthy donor pal, Timothy Mellon, a banking and railroad heir, offered $130 million to ensure that American troops get paid during the shutdown, Trump seized the opportunity.

After all, the Trump tax cut was tilted toward the wealthy.

After all, Trump has further cut capital gains taxes on home sales that will mostly benefit the affluent and wealthy, enabling many to pay zero, or a reduced rate, on these sales. If you are totally unaware of this, you probably don’t qualify.

After all — this may have been the weirdest thing — Trump said Obamacare is so terrible that he wants to send people $2,000 checks so they can buy their own insurance.

But, where would they buy it, if not from an insurance company? And what would they do if the stock market plunged? There’s a reason that privatization of health insurance has never gone anywhere.

So to come back to politics (inevitably), how does any of this help Trump?

I get the notion that he’s trying to boost the pain level so that Democrats will end the shutdown on his terms.

The Democrats, who have made soaring Obamacare premiums a central part of their pitch — and fear millions will lose coverage unless expiring subsidies are extended — have hung on longer than anyone expected.

For what it’s worth, both sides deserve a ton of blame for failing to keep the lights on during this endless blame game, rather than work out a compromise, which is what we pay them to do.

But don’t Trump and JD Vance, who called the judge’s order ‘absurd,’ look like they don’t particularly care if millions of families go hungry, or are taking food from dumpsters?

Seriously, is there an alternative explanation?

Blaming the other side is fine for the usual political fun and games. But doing it during this kind of self-inflicted crisis?

With the opposition throwing out charges of cruelty, is there some nine — dimensional chess level on which this helps Trump?

Trump says former President Joe Biden ‘went totally crazy’ and handed out food stamps to ‘anybody that would ask.’ So is this liberalism gone wild? I decided to do a little digging.

Turns out there are income limits, and those in the program must meet work requirements. What’s more, the oft-repeated charge that illegal immigrants are getting SNAP benefits is simply untrue, though there are exemptions for children and refugees. (Obviously, you can never completely rule out instances of fraud.)

During the pandemic, when unemployment soared, Congress passed an emergency measure that temporarily suspended a work requirement for adults without dependents who were capable of holding jobs. This happened under … President Trump, in his first term, in 2020.

Under a deal with Republicans in 2023, work requirements for SNAP were increased. That happened under … Biden. Some Republicans, meanwhile, said the measure didn’t go far enough.

By the way, SNAP participation peaked in the fall of 2017, under Trump, which was related to hurricane emergencies.

Sorry for the green-eyeshade stuff, but I thought it was worth more research.

Most people don’t have the time or interest in excavating the details. They just know they aren’t getting the food aid they expected and that neither are millions of other lower-income families. And especially with his dogged determination to block the states from helping out, many are holding Trump accountable.

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Perth, Australia (ABN Newswire) – Locksley Resources Ltd (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) announced completion of a high-resolution underground Light Detection and Ranging (‘LiDAR’) survey at the Desert Antimony Mine (‘DAM’) Prospect, located within the Mojave Project, in San Bernardino County, California. The survey has delivered a detailed 3D representation of the historic mine workings, providing a clear framework to guide resource drilling and future mine redevelopment planning.

HIGHLIGHTS

– High-resolution LiDAR survey completed of the historic underground mine workings at the Desert Antimony Mine (‘DAM’) Prospect, part of the Mojave Project in California

– Survey confirms ~236m of development across four levels spanning a 130m strike length

– Spatial location of the 3 mapped quartz-carbonate-antimony veins revealed subsurface as shown by the underground voids where mineralisation has previously been mined via open stopes

– Detailed geological mapping to commence in November to define the vein geometry and mineralisation characteristics

– Underground access and safety assessments progressing to enable targeted sampling and grade verification

– LiDAR technology forms part of Locksley’s data-driven fast-tracked mine redevelopment strategy to re-establish domestic U.S. antimony supply innovation

The LiDAR confirms ~236 metres of underground development across four distinct levels and occurring throughout a strike length of ~130 metres. The 3D data delineates three previously mined areas (via open stopes) of the mineralised quartz-carbonate-stibnite veins that correspond to known historical production.

This information supports refinement of the geological interpretation and provides a foundation for the upcoming targeted drilling campaign.

Kerrie Matthews Locksley Managing Director & CEO commented;

‘The LiDAR dataset has given us an increased level of geological detail and understanding of historical mining at the Desert Antimony Mine that didn’t exist before.

The survey has confirmed the position of the historically mined stibnite-bearing veins and the quality of this data materially enhances our ability to progress drilling design with far greater precision.

Importantly, this work also underpins our broader Mine-to-Metal US growth strategy by supporting a fully domestic antimony supply chain in the U.S.’

Strategic and Technical Context

The completion of the LiDAR survey marks another major milestone in Locksley’s execution of its U.S. critical minerals strategy, providing a higher level of geological knowledge as the Company advances towards re-development of the Desert Antimony Mine. The initial 3D mapping data from the survey confirms the scale of the historically mined stibnite-bearing veins, and assists with targeting drilling programs.

The dataset also supports Locksley’s broader adoption of U.S Mines-to-Metal growth strategy, which aims to re-establish a fully 100% American-made domestic antimony supply chain. The LiDAR enhances the understanding of the historical mining activity and provides a technical foundation that will support ongoing engagement with the U.S. Government strategic funding pathways, including the recently announced U.S ExportImport Bank LOI and Department of Defense initiatives aimed at rebuilding domestic critical minerals capacity.

Exploration and Development Pathway

The LiDAR results are now being incorporated into an updated 3D geological model.

Concurrent metallurgical testwork and process route assessments are ensuring that geological insights are fully aligned with downstream value creation.

Next Steps

– Detailed geological mapping of the underground workings at DAM, scheduled for November
– Incorporation of LiDAR survey into the 3D geological model and JORC exploration target preparation

– Assessment of the ground conditions within the historic workings with the objective of detailed underground sampling (subject to safe working conditions being determined).

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/JM0GBX81

About Locksley Resources Limited:

Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is an ASX listed explorer focused on critical minerals in the United States of America. The Company is actively advancing exploration across two key assets: the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley Resources aims to generate shareholder value through strategic exploration, discovery and development in this highly prospective mineral region.

Mojave Project

Located in the Mojave Desert, California, the Mojave Project comprises over 250 claims across two contiguous prospect areas, namely, the North Block/Northeast Block and the El Campo Prospect. The North Block directly abuts claims held by MP Materials, while El Campo lies along strike of the Mountain Pass Mine and is enveloped by MP Materials’ claims, highlighting the strong geological continuity and exploration potential of the project area.

In addition to rare earths, the Mojave Project hosts the historic ‘Desert Antimony Mine’, which last operated in 1937. Despite the United States currently having no domestic antimony production, demand for the metal remains high due to its essential role in defense systems, semiconductors, and metal alloys. With significant surface sample results, the Desert Mine prospect represents one of the highest-grade known antimony occurrences in the U.S.

Locksley’s North American position is further strengthened by rising geopolitical urgency to diversify supply chains away from China, the global leader in both REE & antimony production. With its maiden drilling program planned, the Mojave Project is uniquely positioned to align with U.S. strategic objectives around critical mineral independence and economic security.

Tottenham Project

Locksley’s Australian portfolio comprises the advanced Tottenham Copper-Gold Project in New South Wales, focused on VMS-style mineralisation

Source:
Locksley Resources Limited

Contact:
Kerrie Matthews
Chief Executive Officer
Locksley Resources Limited
T: +61 8 9481 0389
Kerrie@locksleyresources.com.au

News Provided by ABN Newswire via QuoteMedia

This post appeared first on investingnews.com

John Feneck, portfolio manager and consultant at Feneck Consulting, shares his outlook for gold and silver prices and stocks. He also speaks ‘special situation’ companies.

‘(There’s) a change of behavior away from, ‘Hey, we’re never going to permit your mine.’ To, ‘Hey, we’re really thinking about finding ways to be more constructive towards permitting,” he said.

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

This post appeared first on investingnews.com

The following is a list of Upcoming Meeting Dates for Reporting Issuers in Canada. The data is supplied by Issuing Companies through the service of CDS Clearing and Depository Services Inc.

Company Name Record Date Meeting Date Type
 ATLANTIS SUBMARINES INTL HLDS November 24, 2025 December 29, 2025 S
 Anonymous Intelligence Company* October 21, 2025 December 19, 2025 A
 Arcus Development Group Inc November 24, 2025 December 29, 2025 AG
 BLUE LAGOON RESOURCES INC. November 19, 2025 December 30, 2025 A
 Big Ridge Gold Corp. November 6, 2025 December 16, 2025 AGS
 BrandPilot AI Inc. % September 29, 2025 November 13, 2025 AGS
 BrandPilot AI Inc. November 28, 2025 January 15, 2025 AGS
 CLEAN SEED CAPITAL GROUP LTD % October 2, 2025 November 20, 2025 A
 Deveron Corp. November 28, 2025 December 30, 2025 S
 EV Nickel, Inc. November 7, 2025 December 17, 2025 A
 FAB-FORM INDUSTRIES LTD November 7, 2025 December 12, 2025 AG
 Gabriel Resources Ltd November 17, 2025 December 18, 2025 AS
 Gabriel Resources Ltd % October 31, 2025 December 4, 2025 AS
 Glenstar Minerals Inc. November 24, 2025 December 29, 2025 A
 Gold Strike Resources Inc. November 18, 2025 December 23, 2025 AGS
 Golden Harp Resources Inc November 4, 2025 December 9, 2025 AS
 Grafton Resources Inc. November 25, 2025 January 2, 2025 AS
 Grit Metals Corp. November 14, 2025 December 19, 2025 A
 Grosvenor Cpc I Inc. December 1, 2025 January 6, 2025 AS
 Helium Minerals Limited November 14, 2025 December 19, 2025 AG
 J2 Metals Inc. * October 8, 2025 December 3, 2025 S
 LOMIKO METALS INC * November 5, 2025 December 18, 2025 AS
 Makenita Resources Inc November 26, 2025 January 12, 2025 AG
 Margaret Lake Diamonds Inc. November 25, 2025 December 30, 2025 A
 Muzhu Mining Ltd. November 7, 2025 December 19, 2025 AS
 New Media Capital 2.0 Inc. * October 21, 2025 December 10, 2025 AGS
 New Zealand Energy Corp. November 19, 2025 December 19, 2025 AGS
 POCML 7 Inc. November 17, 2025 December 18, 2025 AS
 Pacific Geoinfo Corp. November 25, 2025 December 30, 2025 AG
 Pinnacle Silver and Gold Corp November 7, 2025 December 17, 2025 AG
 Pioneer AI Foundry Inc. November 13, 2025 December 18, 2025 A
 Pure Energy Minerals Limited * November 4, 2025 December 19, 2025 A
 QUADRO RESOURCES LTD November 28, 2025 December 30, 2025 AS
 Queen’s Road Capital Inv Ltd. November 28, 2025 January 9, 2025 AG
 Railtown AI Technologies Inc. November 10, 2025 December 17, 2025 A
 Robex Resources Inc. November 3, 2025 December 15, 2025 S
 Rev Exploration Corp. * October 27, 2025 December 19, 2025 AGS
 Route 109 Resources Inc. November 24, 2025 December 29, 2025 AG
 Silver Bear Resources Plc November 25, 2025 December 30, 2025 AGS
 Sky Gold Corp November 6, 2025 December 17, 2025 AG
 Stockworks Gold Inc. * October 27, 2025 December 11, 2025 AGS
 SuperQ Quantum Computing Inc. November 24, 2025 December 29, 2025 AS
 Teryl Resources Corp. November 13, 2025 December 22, 2025 AG
 Troy Minerals Inc. November 19, 2025 December 30, 2025 A

 

Legend:

* = Change in Previously Reported Information
% = Cancelled Meeting
@ = Adjourned Meeting

Type of Meeting

A = Annual Meeting
S = Special Meeting
G = General Meeting
X = Extra Meeting
E = Extraordinary Meeting

For more information, please visit https://www.cds.ca/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273462

News Provided by Newsfile via QuoteMedia

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Here’s a quick recap of the crypto landscape for Friday (November 7) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$103,760, a 3.8 percent decrease in 24 hours, and its highest valuation of the day. Its lowest was US$99,590.49.

Bitcoin price performance, November 7, 2025.

Chart via TradingView.

After a week that has seen the world’s largest cryptocurrency slip more than 20 percent from its early October record high, the crypto market began to show signs of recovery on Friday afternoon.

Speaking about Tether’s Bitcoin accumulation during the recent downturn, Bitget Wallet’s Lacie Zhang said the move underscores institutions’ view of Bitcoin as a strategic reserve asset rather than a speculative trade.

“However, institutional accumulation does not necessarily signal an immediate rebound — it’s a strategic positioning move grounded in the expectation that Bitcoin will outperform once global liquidity conditions improve.’

Zhang explained that Bitcoin’s recent selloff was driven more by broader liquidity stress rather than crypto-specific issues, with exchange-traded fund redemptions causing mechanical selling, and leverage unwinding amplifying volatility — a typical liquidity-drain cycle. She also offered her outlook on what’s to come:

“Looking ahead, recovery depends on how quickly liquidity returns: if unemployment climbs above 4.4 percent or economic data softens once the US shutdown ends, the (US Federal Reserve) may be pushed toward easing. Until then, conditions remain tight, and the January to February credit cycle could still test markets. Longer term, though, institutional accumulation and resilient on-chain activity suggest the foundation for the next phase of crypto recovery is quietly being built.”

Ether (ETH) was priced at US$3,463.13, a 4.8 percent increase in 24 hours to its highest valuation of the day. Its lowest was US$3,199.47.

Altcoin price update

  • Solana (SOL) was priced at US$163.40, up by 5.2 percent over the last 24 hours to its highest valuation of the day. Its lowest was US$150.79.
  • XRP was trading for US$2.36, up by 8 percent over the last 24 hours, also at its highest valuation of the day. Its lowest was US$2.17.

Crypto derivatives and market indicators

Crypto derivatives markets displayed notable liquidation activity on Friday afternoon amid cautious trader sentiment and volatile price action. Bitcoin liquidations hit US$35.8 billion, primarily from short positions unwinding, while Ether saw US$29.8 billion in short liquidations, reflecting significant adjustments in bearish bets.

Open interest in Bitcoin futures climbed modestly by 0.65 percent to US$71.24 billion, indicating persistent market engagement despite recent price pressures just below the key US$100,000 level. Ether’s open interest rose more sharply by 3 percent to US$40.24 billion, underscoring increasing participation ahead of critical expiration events.

Funding rates for both Bitcoin (0.005) and Ether (0.006) remain marginally positive, signaling a slight long bias among traders, but a generally cautious and balanced market stance.

Crucially, Bitcoin’s relative strength index (RSI) at 48.86 sits near neutral territory, suggesting neither overbought nor oversold conditions. This RSI level aligns with the view of an equilibrium phase with potential for either consolidation or a directional move, depending on forthcoming catalysts.

Today’s crypto news to know

Senate members still gridlocked

The US government shutdown entered day 38 on Friday, with the Senate voting down a House-passed funding bill designed to temporarily restore operations. The deadlock centers on the extension of Affordable Care Act subsidies, a key sticking point for Democrats who rejected the GOP-backed measure.

In response, Senate Democrats proposed a counteroffer to reopen the government with a one year extension of healthcare subsidies. However, bipartisan agreement has yet to be reached, and negotiations continue amid growing economic and social impacts, including flight cancelations and delayed pay for federal workers.

Tempo invests in Commonware

Crypto infrastructure startup Commonware has raised US$25 million in a funding round led by Tempo, a payments-focused blockchain network launched by Stripe and crypto venture firm Paradigm.

Commonware was founded in 2024. The company develops open-source tools that empower companies to launch and manage their own blockchains. Commonware’s CEO, Patrick O’Grady, reportedly told Fortune, which first reported the story, that strategic partnerships and network growth are more important than capital alone at this stage, highlighting the long-term value of collaboration over fundraising milestones.

Japan’s financial regulator backs bank-led stablecoin pilot

Japan’s Financial Services Agency has confirmed it will support a project by the country’s three largest banks — Mitsubishi UFJ Financial Group (TSE:8306), Sumitomo Mitsui Financial Group (TSE:8316) and Mizuho Financial Group (NYSE:MFG,TSE:8411) — to jointly issue stablecoins for cross-border payments.

In a Reuters report, Finance Minister Satsuki Katayama said the agency will oversee legal and operational compliance as the initiative moves into testing. The banks intend to issue yen-pegged tokens under Japan’s revised Payment Services Act, which requires full asset backing and enhanced consumer safeguards. Startup JPYC recently launched its first fully regulated yen-denominated stablecoin backed by domestic savings and government bonds.

UNDP to launch global blockchain training program for governments

The United Nations Development Programme (UNDP) is expanding its blockchain education initiatives to include government officials, aiming to accelerate digital infrastructure adoption in the public sector.

Robert Pasicko, who leads UNDP’s Alternative Finance Lab, said four countries will be selected for the initial rollout within weeks. The program will build on UNDP’s internal blockchain academy, and will include both training and hands-on project support. Research by UNDP has identified over 300 potential government applications for blockchain technology, from transparent fund tracking to public sector payments.

Twenty-five major blockchain organizations, including Polygon Labs, Stellar Foundation and the Ethereum Foundation, have discussed forming an advisory group under UNDP coordination.

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

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

This post appeared first on investingnews.com

Steve Penny, founder of SilverChartist.com, explains why he currently has a bullish outlook for gold, silver and platinum, as well as uranium.

“The reaction to the next deflationary impulse is what I believe ultimately sends silver up towards triple digits, gold up towards north of US$10,000 (per ounce),” he explained.

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

This post appeared first on investingnews.com

Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) completed the first tranche of its non-brokered private placement (the ‘Offering’) on October 24, 2025. In connection with closing of the first tranche, the Company issued 14,000,334 units (each, a ‘Unit’) at a price of $0.15 per Unit for gross proceeds of $2,100,050. Each Unit consists of one common share of the Company (each, a ‘Share’) and one-half-of-one share purchase warrant (each whole warrant, an ‘Warrant’). Each Warrant entitles the holder to acquire an additional common share of the Company at a price of $0.20 until October 24, 2027, subject to accelerated expiry in the event the closing price of the Shares is $0.50 or higher for ten consecutive trading days.

A portion of the Units issued under the first tranche the Offering, representing $2,000,000 are held pursuant to a sharing agreement entered into with an institutional investor, Sorbie Bornholm LP (‘Sorbie‘) and the Company (the ‘Sharing Agreement‘). Funds deposited under the Sharing Agreement are secured in escrow with a third-party. The Sharing Agreement provides that the Company’s economic interest will be determined in twenty-four monthly settlement tranches as measured against the Benchmark Price (as defined herein). Unless subject to adjustment, each monthly settlement tranche will total $79,792.

If, at the time of settlement, the Settlement Price (determined monthly based on a volume-weighted average price for twenty trading days prior to the settlement date) (the ‘Settlement Price‘) exceeds the benchmark price of $0.1949 (the ‘Benchmark Price‘), the Company shall receive more than one-hundred percent of the monthly settlement due, on a pro-rata basis. There is no upper limit placed on the additional proceeds receivable by the Company as part of the monthly settlements. If, at the time of settlement, the Settlement Price is below the Benchmark Price of $0.1949, the Company will receive less than one-hundred percent of the monthly settlement due on a pro-rata basis. In no event will a decline in the Settlement Price of the Units result in an increase or decrease in the number of Units being issued to Sorbie, but it could result in the Company receiving less than the full amount of the subscription received from Sorbie or in the Company receiving a nominal amount for a particular month.

As an example, the following are the monthly settlement amounts the Company would receive based on varying Settlement Prices:

Settlement Price Monthly Settlement Amount
$0.2449 $100,262
$0.1949 (Benchmark Price) $79,792
$0.1449 $59,322

 

For further information concerning the Offering, readers are encouraged to review the news release issued by the Company on October 27, 2025.

About Questcorp Mining Inc.

Questcorp Mining Inc. is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The Company holds an option to acquire an undivided 100% interest in and to mineral claims totaling 1,168.09 hectares comprising the North Island Copper Property, on Vancouver Island, British Columbia, subject to a royalty obligation. The Company also holds an option to acquire an undivided 100% interest in and to mineral claims totaling 2,520.2 hectares comprising the La Union Project located in Sonora, Mexico, subject to a royalty obligation.

Contact Information

Questcorp Mining Corp.

Saf Dhillon, President & CEO

Email: saf@questcorpmining.ca
Telephone: (604) 484-3031

This news release includes certain ‘forward-looking statements’ under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or failure to receive board or regulatory approvals. There can be no assurance that the geophysical surveys will be completed as contemplated or at all and that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273791

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