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Surface Metals Inc. (CSE: SUR,OTC:SURMF) (OTCQB: SURMF) (the ‘Company’, or ‘Surface Metals’) has granted 250,000 options priced at $0.255 to a consultant, and directors and officers have voluntarily surrendered 499,999 options issued on April 14, 2022 at $3.84 (post consolidation).

As per the press release announced on October 29th, 2025, IDR Marketing Inc. ‘IDR’, has been retained for a six month period commencing October 29th to provide public relations strategies, brand awareness, financial and digital marketing services to the Company. IDR is a California Corporation with its registered office located at 100 Oceangate, 12th Floor, Long Beach, CA, USA, 90802. Its principal and president is Linda Josey, an arm’s-length party. Contact details: linda@idrmarketing.com (562) 343-7483.

IDR Marketing Inc. is an independent ad agency providing full-scale integrated marketing and advertising services. Clients trust IDR for brand strategy and awareness, digital marketing, social media and advertising, newswire distribution, article marketing,

About Surface Metals Inc.

Surface Metals Inc. (CSE: SUR,OTC:SURMF) (OTCQB: SURMF) is a North American mineral exploration company focused on advancing a diversified portfolio of gold and lithium projects in Nevada, USA, and Manitoba, Canada. The Company’s Cimarron Gold Project is located in Nye County, Nevada, in a historically productive gold district. Surface’s Clayton Valley Lithium Brine Project hosts an inferred resource of approximately 302,900 tonnes LCE adjacent to Albemarle’s Silver Peak Mine. Surface Metals is also advancing lithium projects in Fish Lake Valley, Nevada, and through a joint venture with Snow Lake Energy in southeastern Manitoba.

On behalf of the Board of Directors

Steve Hanson
Chief Executive Officer, President, and Director
Telephone: (604) 564-9045
info@surfacemetals.com

Neither the CSE nor its regulations service providers accept responsibility for the adequacy or accuracy of this news release. This news release contains certain statements which may constitute forward-looking information within the meaning of applicable securities laws (‘forward-looking statements’). Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273738

News Provided by Newsfile via QuoteMedia

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Statistics Canada released October’s job numbers on Friday (November 7). The data showed a surprise expansion of the Canadian labor market with the addition of 67,000 new jobs during the month, as well as a 0.2 percent drop in the unemployment rate to 6.9 percent.

This marks the second consecutive monthly increase, following 60,000 new workers entering the market in September. The gains over the two-month period also offset the cumulative 106,000 losses that were recorded in July and August.

The biggest gains came in the wholesale and retail trade sector, which added 40,700 new jobs; followed by transportation and warehousing, which added 29,500; and information, culture and recreation, which added 25,200.

The report comes just days after the federal Liberal Party tabled its first budget since winning the election in April. The budget estimates an initial deficit of C$78 billion in 2025-26, which would slowly decline to C$57 billion in 2030.

The budget places greater focus on nation-building, strengthening climate competitiveness, streamlining government activities and reducing annual operational costs by C$13 billion by 2029, while maintaining critical social supports.

Highlighting the budget is a promise for a C$51 billion investment over 10 years for local infrastructure projects and a C$81.8 billion over five years for defence spending C$72 billion of which will be new money.

On the mining side of the equation, the Mining Association of Canada said on Tuesday (November 4) that it applauds the budget for several measures aimed at the Canadian mining sector.

Among them, C$2 billion over five years will be directed to Natural Resources Canada to create the Critical Minerals Sovereign fund, which will be used to invest in critical mineral projects and companies.

The budget will also move the existing Critical Minerals Infrastructure Fund into the new First and Last Mile Fund, which will focus investment into near-term projects to get them to production sooner, and provide tax measures so companies can write off capital investments more quickly.

The Mining Association also highlighted the proposed expansion of the Critical Mineral Exploration Tax Credit to include an additional 12 minerals, including bismuth, cesium, manganese, tin and tungsten.

Additionally, the budget indicated that its focus on investing in clean technologies and carbon capture to reduce emissions would eventually render oil and gas emission caps unnecessary.

For more on what’s moving markets this week, check out our top market news round-up.

Markets and commodities react

Canadian equity markets were down this week.

The S&P/TSX Composite Index (INDEXTSI:OSPTX) lost just 0.15 percent over the week to close Friday at 29,912.19.

Meanwhile, the S&P/TSX Venture Composite Index (INDEXTSI:JX) had a much more challenging week, falliing 7.63 percent to 885.31. The CSE Composite Index (CSE:CSECOMP) also had a bad week, plunging 7.35 percent to close out the week at 163.51.

The gold price ended the week flat, closing at US$4,000.20 per ounce by 4:00 p.m. EST Friday. The silver price fell slightly, dropping 0.66 percent to US$48.35.

Meanwhile, in base metals, the copper price shed 2.72 percent to US$5.01 per pound.

The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) fell 0.2 percent to end Friday at 553.62.

Top Canadian mining stocks this week

How did mining stocks perform against this backdrop?

Take a look at this week’s five best-performing Canadian mining stocks below.

Stocks data for this article was retrieved at 4:00 p.m. EST on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market caps greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered.

1. Quarterback Resources (CSE:QB)

Weekly gain: 160 percent
Market cap: C$11.36 million
Share price: C$1.3

Quarterback Resources is an exploration company focused on exploring the Twin gold property in Northwest British Columbia, Canada.

The project is located in the Omineca Mining District near Fort St. James, and consists of 16 mineral claims covering 11,110 hectares. The site has a history of mineral exploration dating back to the 1970s, including 109 drill holes.

Quarterback holds an option to acquire a 100 percent stake in the property through an earn-in agreement in exchange for C$800,000 in cash payments and C$4.74 million in exploration expenditures over a six-year period.

According to a technical report released in November 2024, the company relogged three of the historic holes from the Takla-Rainbow zone, with one hole returning a grade of 2.26 parts per million (ppm) gold, 2.15 ppm silver and 0.19 percent copper over 22.52 meters.

Shares in Quarterback were up significantly this week. Its most recent news came on Wednesday (November 5) when it filed its monthly progress report on the Canadian Securities Exchange website. The company noted that it was proceeding with a Phase 1 exploration program, which is planned to include LIDAR and induced polarization surveys.

2. Mont Royal Resources (TSXV:MRZL)

Weekly gain: 62.5 percent
Market cap: C$47.55 million
Share price: C$0.26

Mont Royal Resources is an Australia-based exploration company focused on a trio of projects in Québec, Canada. The company began trading on the TSXV on November 5 following a merger with Canada-based Commerce Resources.

The merger combined Commerce’s Ashram rare earth and flourspar project and Eldor niobium projects, with Mont Royal’s existing Northern Lights gold-copper-lithium project, all of which are located in Quebec.

In the October 22 news release announcing the completion of the merger, it stated its core focus would be on the Ashram rare earth and flourspar project and that the deal provided a compelling opportunity to establish a new source of rare earths in North America.

Ashram, located near Nunavik, Quebec, has received more than AU$50 million in investment for exploration activities, development studies and resource definition.

According to the project page, a mineral resource estimate from April 2024 produced an indicated resource grading 1.89 percent total rare earth oxides (TREO) and 6.6 percent fluorspar from 73.2 million metric tons of ore.

Although the company did not release project news this week, two of its projects contain minerals that were added to the CMETC as part of the fall budget.

3. Royalties Inc. (CSE:RI)

Weekly gain: 38.46 percent
Market cap: C$11.36 million
Share price: C$0.09

Royalties is focused on building cash flow through the acquisition of mineral and music royalty assets.

The company has a 100 percent interest in the Bilbao silver property in Zacatecas, Mexico, which hosts silver, zinc and lead deposits. As silver prices improve, the company is seeking to monetize the property.

In June, the company reported that its subsidiary, Minera Portree, won its lawsuit against Capstone Copper (TSX:CS,OTC Pink:CSCCF), asserting its ownership of a 2 percent net smelter return royalty on five mineral concessions at the Cozamin copper-silver mine in Zacatecas.

The protracted legal dispute began after Capstone re-assigned the royalty to itself through a 2019 contract without informing or paying Minera Portree.

Under the terms of the judgment, the 2 percent NSR will revert back to Minera Portree along with royalties for the exploitation of concessions between 2002 and 2019. The amounts for those royalties will be set at the execution phase. Capstone Gold is also ordered to pay royalties from the Portree 1 concession from August 2019 to present.

While Capstone appealed the decision, Royalties announced on Thursday (November 6) that an appellate court had upheld the original June decision, deeming the appellant’s arguments inoperative and inadmissible.

4. Africa Energy (TSXV:AFE)

Weekly gain: 31.82 percent
Market cap: C$64.69 million
Share price: C$0.145

Africa Energy is a South Africa-focused oil and gas exploration and development company.

Its flagship asset is Block 11B/12B located approximately 175 kilometers off the south coast of South Africa. The block covers an area of 18,734 square kilometers and depths between 200 meters and 1,800 meters.

It holds a 4.9 percent interest in the asset through its investment in Main Street 1549, a 49/51 joint venture with Arostyle Investments. The three other partners in the asset announced plans to withdraw from the Block 11B/12B joint venture in July 2024, and announced a definitive agreement for the new ownership structure of the Block 11B/12B asset in May of this year.

The restructuring would result in Africa Energy holding a 75 percent stake in the block, with Arostyle Investments holding the remaining 25 percent. This is contingent on the asset being granted the production rights, which requires approval of its environmental and social impact assessment.

Shares in Africa Energy were up this week. Its most recent news came on October 9, when it provided an operational update from Block 11B/12B. The company announced that it had been granted an extension to submit its environmental and social impact assessment until May 4, 2026.

5. Highland Critical Minerals (CSE:HLND)

Weekly gain: 26.87 percent
Market cap: C$79.73 million
Share price: C$4.25

Highland Critical Minerals is an exploration company focused on advancing its flagship Church lithium property in Ontario, Canada.

The project, located near Thunder Bay, Ontario, is situated within the Quetico region. A preliminary exploration program at the property conducted in August 2023 discovered five pegmatites hosting quartz, feldspar and muscovite and returned high lithium grades up to 3 percent lithium dioxide.

In addition to Church, Highland has been working to acquire other critical mineral properties, with the most recent announced on Friday. In the news release, the company said it had entered into a binding letter of intent to acquire mining claims covering 3,138.874 hectares in the Yathkyed Lake Greenstone Belt in Nunavut, Canada, expanding Highland’s critical mineral portfolio.

FAQs for Canadian mining stocks

What is the difference between the TSX and TSXV?

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

How many mining companies are listed on the TSX and TSXV?

As of May 2025, there were 1,565 companies listed on the TSXV, 910 of which were mining companies. Comparatively, the TSX was home to 1,899 companies, with 181 of those being mining companies.

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

How much does it cost to list on the TSXV?

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

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

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

How do you trade on the TSXV?

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

Article by Dean Belder; FAQs by Lauren Kelly.

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

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

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Lobo Tiggre, CEO of IndependentSpeculator.com, shares why copper is his highest-confidence trade for 2026, as well as when he will consider buying.

‘I now have probably more cash to put into play than I’ve ever had sitting on the sidelines waiting for this copper buying opportunity,’ 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

Rich Checkan, president and COO of Asset Strategies International, shares his thoughts on the recent pullback in gold and silver prices, emphasizing that both still have room to run.

In his view, silver is set to outpace gold in 2026.

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

This post appeared first on investingnews.com

A federal judge criticized the Justice Department for allegedly being too quick to indict in high-profile cases on Wednesday.

Magistrate Judge William Fitzpatrick of the Eastern District of Virginia made the comments during a brief hearing regarding the case against former FBI Director James Comey.

‘Right now, we are in a bit of a feeling of indict first, investigate later,’ Fitzpatrick said in the hearing, which lasted less than an hour.

Fitzpatrick questioned prosecutors about their handling of data acquired from a number of search warrants between 2019 and 2020, information which is now being used in Comey’s case. The judge pressed prosecutors on whether they may have viewed information that may be protected by attorney-client privilege.

Fitzpatrick also noted the size of the trove of documents, saying Comey’s defense team has been placed at a disadvantage with a limited time to view the set.

‘The government has had this for five and a half years … this is an unfair burden the government is placing on the defense, but I don’t see another path forward,’ the judge said.

Comey’s team has sought to have his case dismissed, arguing he is the victim of selective prosecution by President Donald Trump.

The DOJ denied in a 48-page filing that Trump’s September Truth Social post calling on U.S. Attorney General Pam Bondi to prosecute prominent political adversaries, including Comey, Sen. Adam Schiff, D-Calif., and New York Attorney General Letitia James, had any influence on the decision to bring charges.

‘These posts reflect the President’s view that the defendant has committed crimes that should be met with prosecution. They may even suggest that the President disfavors the defendant. But they are not direct evidence of a vindictive motive,’ prosecutors argued.

‘The defendant spins a tale that requires leaps of logic and a big dose of cynicism, then he calls the President’s post a direct admission,’ they continued. ‘There is no direct admission of discriminatory purpose. To the contrary, the only direct admission from the President is that DOJ officials decided whether to prosecute, not him.’

Fox News’ Ashley Carnahan contributed to this report.

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House Speaker Mike Johnson, R-La., sharply diverged from his Senate counterpart on Thursday as the upper chamber continues to negotiate a way out of the government shutdown.

Johnson said he would not commit to holding a vote on extending COVID-19 pandemic-era enhanced Obamacare subsidies, which are set to expire at the end of this year without congressional action.

Senate Majority Leader John Thune, R-S.D., however, had been floating a vote on such an extension in exchange for Democrats voting to end the shutdown — which is now in its 37th day.

‘Leader Thune has bent over backwards. He’s offered them a vote. You know what they told him in response? ‘No, we need you to guarantee the outcome of that vote.’ Well, that’s ridiculous,’ Johnson said when asked about holding such a vote by a guaranteed date in the House if the deal succeeds in breaking the logjam.

When pressed again on a vote, he said, ‘No, because we did our job, and I’m not part of the negotiation.’

‘The House did its job on Sept. 19. I’m not promising anybody anything. I’m going to let this process play out,’ Johnson said.

The issue of enhanced Obamacare subsidies has been a matter of debate within the GOP, with some Republicans in more moderate districts calling for at least a year-long extension to give lawmakers time to create a new healthcare deal in its place.

But House conservatives are rejecting any such extension out of hand. Fox News Digital first reported that leaders of the 189-member Republican Study Committee issued an official position earlier Thursday demanding the credits not be extended.

It’s been a key ask for Democrats, however, that such an extension be paired with any federal funding bill before they agree to help end the shutdown.

Senate Democrats are huddling on Thursday afternoon to discuss what they could and could not accept out of a deal to end the government shutdown.

There are a dozen in the caucus who have been meeting to find a way out of the shutdown, but following Democrats’ Tuesday night election sweep, many in their caucus feel emboldened that their shutdown strategy is working and don’t want to let up yet.

Sen. Chris Murphy, D-Conn., said he believed Tuesday’s election was ‘having an impact’ on the caucus.

‘It would be very strange for the American people to weigh in, in support of Democrats, standing up and fighting for them, and then within days, for us to surrender without having achieved any of the things that we’ve been fighting for,’ Sen. Chris Murphy said.

The majority of the caucus demands a guarantee on a deal rather than the promise of a process, given that a proposal to extend the expiring subsidies from Democrats without major reforms to the program would likely fail in the Republican-controlled chamber.

But Thune has remained adamant that he can’t promise anything more than a vote and can’t predict an outcome.

‘I made this very clear to them, I can’t guarantee them an outcome,’ Thune said. ‘I can guarantee them a process, and they can litigate the issue, get the vote on the floor, and presumably they have some way of getting a vote in the House at some point, but I can’t speak for the House.’

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Russian President Vladimir Putin said Wednesday his country will draw up plans to conduct nuclear tests after President Donald Trump announced the U.S. would do the same last week.

The Kremlin leader said he has asked relevant departments to ‘submit coordinated proposals regarding the possible commencement of work to prepare for nuclear weapons testing.’

‘Russia has always strictly adhered and continues to adhere to its obligations under the Comprehensive Nuclear-Test-Ban Treaty (CTBT), and we have no plans to deviate from these commitments,’ Putin said at a meeting of the Russian national security council.

The treaty was signed but never ratified by the U.S.

If the U.S. or other signatories of the treaty begin nuclear testing, ‘Russia would also have to take appropriate and proportionate responsive measures,’ Putin added.

In the past week, Trump has both announced the U.S. will reignite nuclear testing and suggested he is working on a deal to denuclearize with Russia and China.

‘We redid our nuclear — we’re the number one nuclear power, which I hate to admit, because it’s so horrible,’ Trump said during a speech at the American Business Forum in Miami.

‘Russia’s second. China’s a distant third, but they’ll catch us within four or five years,’ he added. ‘We’re maybe working on a plan to denuclearize, the three of us. We’ll see if that works.’

Last week, Trump announced on Truth Social, ‘because of other countries testing programs, I have instructed the Department of War to start testing our Nuclear Weapons on an equal basis. That process will begin immediately.’

The War Department handles the testing of nuclear-capable weapons, while the Energy Department’s National Nuclear Security Administration (NNSA) would be responsible for testing explosives.

Some 1400 workers, 80% of the NNSA, are currently on furlough due to the government shutdown.

The U.S. regularly tests nuclear-capable vehicles, missiles and rockets, but the U.S. has not conducted an explosive nuclear test since 1992. Russia’s last known test was in 1990.

Russia last week did claim to test two delivery vehicles: an undersea torpedo known as Poseidon and a nuclear-powered cruise missile.

The U.S. conducted a nuclear-capable weapon test on Wednesday, launching the intercontinental ballistic missile Minuteman III into the air from Vandenberg Space Force Base in California. It landed 4,200 miles away at a U.S. test site in the Marshall Islands.

Dmitry Medvedev, Russia’s former president who holds a top post on its security council, wrote on X that ‘No one knows what Trump meant about ‘nuclear testing’,’ adding, ‘he probably doesn’t himself.’

‘But he’s the president of the United States. And the consequences of such words are inescapable: Russia will be forced to assess the expediency of conducting full-fledged nuclear tests itself,’ Medvedev added.

Russia’s defense minister, Andrey Belousov, said Wednesday that he believes the U.S. in general is ‘actively increasing its strategic offensive capabilities.’

‘We must, of course, focus not only — or even primarily — on statements and remarks made by American politicians and officials, but above all on the actual actions of the United States of America.’

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The battle for control of the House is set to kick into high gear with the 2025 elections in the rearview mirror, and both sides are optimistic about their chances after Tuesday night.

Democrats are flying high after their victories in key elections in Virginia, California and New Jersey, celebrating those wins as a decisive rejection of President Donald Trump’s administration. But Republicans are still confident in their chances of keeping the House next year and are poised to use the far-left’s success in New York City as a nationwide political cudgel.

‘Yesterday was a big night for America and a big night for the Democratic Party, as candidates across the country, up and down the ballot, decisively defeated MAGA Republicans in an extraordinary rejection of the extremism that the American people have been experiencing since Day 1 of Donald Trump’s presidency,’ House Minority Leader Hakeem Jeffries, D-N.Y., said at a press conference Wednesday.

A memo circulated by the Jeffries-aligned House Majority PAC and obtained by Fox News Digital exuded confidence: ‘With less than one year until Election Day, Democrats remain poised to take back the House in 2026 and elect Leader Hakeem Jeffries as the next Speaker.’

But Jeffries’ counterpart, House Speaker Mike Johnson, R-La., had a very different interpretation.

‘There’s no surprises. What happened last night was blue states and blue cities voted blue. We all saw that coming, and no one should read too much into last night’s election results. Off-year elections are not indicative of what’s to come,’ Johnson said at his own news conference. ‘I think that when we go into next year in the midterms, we’re very bullish about the outcome. We have an extraordinary record to run on.’

A House GOP campaign operative who spoke with Fox News Digital was also confident about Republicans’ ability to keep the majority next November, arguing the key lies in voter turnout.

‘I think we actually had a good turnout night. They just had a monster one,’ the GOP operative said of New Jersey, where Democratic Rep. Mikie Sherrill defeated Republican Jack Ciattarelli.

‘They had midterm turnout in an off-year [governor] race. And so I think it comes down to us continuing to do the work to show that we need people to show up when the president is not on the ballot.’

They also dismissed Democrats’ inroads with Hispanic and Latino voters in New Jersey as recoverable for the GOP.

‘I think it goes back to, across-the-board, getting our voters to show up,’ the GOP operative said. ‘With Hispanic voters specifically, keep putting in the work, and we can’t take them for granted… it’s felt like, in some of those races, that they were not making the attempt to talk to them on our side.’

On the other side, an operative familiar with House Democrat campaigns said they’re taking lessons from a renewed surge of enthusiasm by two groups — Hispanic voters and women.

And while acknowledging the groups were not monolithic, the Democratic operative said most Americans were all focused on the same issue: cost of living.

‘I think it’s just like a very helpful reminder to double down on the issues that people care about most. Poll after poll, public and private, is telling you that Americans in any district care most about the cost of living and rising costs and being able to afford things,’ they said. ‘I think those are the solutions that people want to hear, and we should be proactive in speaking to them.’

The Democratic operative argued that issue drove the successes of Sherrill and former Rep. Abigail Spanberger, who defeated GOP Lt. Gov. Winsome Earle-Sears in Virginia and became a main facet of House Democrats’ most contentious campaigns.

Another issue being viewed in opposing lights by both sides is the victory of socialist Zohran Mamdani in the New York City mayoral race.

‘The biggest takeaway I have is that not a day should go by when a Republican candidate, a member on the trail, a member of leadership, whoever, whatever branch they’re in, whether state, local, federal, House, Senate, governors, whatever, should talk about Zohran Mamdani,’ the GOP operative said. ‘I think he is the party now, frankly.’

The Democratic source said, ‘We just kind of saw a proof point that it’s not effective, because they were trying this in races across the country here, and it didn’t work.’

They pointed to Republicans’ attempts to tie Rep. Alexandria Ocasio-Cortez, D-N.Y., to vulnerable Democrats nationally after her upset victory in 2018.

‘It just doesn’t work,’ they said. ‘Somebody in the Virginia Beach area of the country does not give a s— about who the mayor of New York City is. They care about the cost of living.’

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Kazakhstan is expected to join the Abraham Accords, officials confirmed to Fox News on Thursday.

The Abraham Accords, first signed in 2020, currently include three countries that have formalized normalization agreements with Israel: the United Arab Emirates, Bahrain and Morocco.

Sudan signed a U.S.-brokered Abraham Accords declaration in January 2021 but efforts to formalize diplomatic relations with Israel have since been derailed by internal political unrest.

U.S. Special Envoy to the Middle East Steve Witkoff told Fox News chief political anchor Bret Baier that he would return to Washington, D.C., on Thursday night to announce the addition of another country to the accords. Witkoff shared the update during his remarks at the America Business Forum in Miami.

‘This is going to show that the Abraham Accords is a club that many countries want to be a member of and it will be a step for turning the page on the war in Gaza and moving forward towards more peace and cooperation in the region,’ a U.S. official told Axios.

The outlet also reported that Kazakhstan’s President Kassym-Jomart Tokayev is expected to make the announcement during a meeting with President Donald Trump.

Trump had recently signaled that more nations may soon be joining the Abraham Accords, with Syria and Saudi Arabia at the forefront of efforts to expand the historic Israel-Arab normalization pact.

Syria’s interim President Ahmed al-Sharaa is expected to meet with Trump at the White House next week, followed by Saudi Arabia’s Crown Prince Mohammed bin-Salman on Nov. 18.

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Top Democrats emerged from a classified Capitol Hill briefing Wednesday expressing confidence in the intelligence behind recent U.S. strikes on suspected narco-trafficking vessels near Venezuela. But they also faulted the Biden administration for what they called a failure to confront Nicolás Maduro after Venezuela’s disputed 2024 election.

The Office of Legal Counsel presented lawmakers with its written justification for a series of missile strikes in the Caribbean and eastern Pacific that U.S. officials say have killed 63 suspected traffickers. Lawmakers from both parties said the briefing reassured them the targets were legitimate, even as some voiced unease about the broader strategy.

‘The final comment I’ll make is just that nothing in the legal opinion even mentions Venezuela,’ said Sen. Mark Warner, D-Va., the top Democrat on the Senate Select Committee on Intelligence.

‘I think they do have visibility into drug trafficking,’ Warner added, saying he trusted U.S. intelligence assessments but would prefer traffickers be ‘interdicted and taken to court rather than blown up.’

Secretary of State Marco Rubio, War Secretary Pete Hegseth and senior Pentagon lawyers led the closed-door briefing for congressional leaders and the chairs and ranking members of the Intelligence, Armed Services and Foreign Affairs committees.

Lawmakers have complained for days about being left in the dark as the Pentagon launched multiple maritime strikes without first consulting Congress. Officials declined to discuss the intended scope or duration of the campaign and provided few details about who was killed or what evidence tied the targets to narcotics trafficking.

‘Lots of mistakes could get made,’ said Rep. Jim Himes, D-Conn., the top Democrat on the House Permanent Select Committee on Intelligence. ‘But, again, they are applying the eyes and ears of our intelligence community to these boats. I don’t worry too much that there will be a strike on a fishing boat or a pleasure boat, but that’s always possible.’

Himes said the administration described ‘the process by which these boats are selected’ but did not share photographs or the identities of those killed.

House Speaker Mike Johnson also backed the intelligence underpinning the operation.

‘We have exquisite intelligence about these strikes on these vessels,’ Johnson said. ‘We know the contents of the boats. We know the personnel almost to a person.’

Officials told lawmakers there were no plans to expand the maritime campaign to land operations or to target Maduro directly.

‘There are no apparent plans to expand this beyond what they say they are doing,’ Himes said.

Reports that the administration was considering potential strikes on Mexico did not appear to come up in the briefing, which lawmakers said focused almost exclusively on cocaine — some of which is trafficked through Venezuela — rather than fentanyl, Mexico’s top export.

‘It’s as described — to stop the flow of drugs, and, to be clear, to stop the flow of cocaine,’ said Himes.

Still, several Democrats said the Biden administration missed a critical moment last year to rally Latin American allies after Venezuela’s contested election, when independent monitors and several Western governments recognized opposition candidate Edmundo González as the rightful winner.

‘I frankly think the Biden administration didn’t go far enough after the Venezuelan people voted overwhelmingly to get rid of Maduro,’ Warner said. ‘We missed a huge opportunity when Venezuelans — in numbers probably in the mid-sixties percent — came out against Maduro, even under threat of violence. The fact that we didn’t rally the region at that point was, in retrospect, a huge mistake.’

After the July 2024 vote, the Biden administration imposed sanctions on high-level Maduro officials but stopped short of reimposing broad restrictions on Venezuela’s oil sector, a move officials said could have driven up global fuel prices and worsened migration pressures.

By contrast, the Trump administration has taken a harder line. It reimposed sweeping sanctions on Maduro during Trump’s first term and has since increased pressure on the South American strongman in his second. The Justice Department has offered a $50 million bounty for information leading to Maduro’s arrest, and officials have not ruled out whether the current strikes could be intended to pressure him to step aside.

Asked in a CBS interview over the weekend whether Maduro’s days were numbered, Trump said, ‘I would say yeah. I think so.’

Pressed on whether the U.S. would go to war with Venezuela, he added, ‘I doubt it. I don’t think so.’

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