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Aura Energy Limited (ASX: AEE, AIM: AURA) (“Aura” or “the Company”) is pleased to announce that MMCAP International Inc. SPC (‘MMCAP’) and certain other strategic investors (together the ‘Strategic Investors’) will provide funding of C$10 million for a 19.7% interest in the Company’s polymetallic Häggån project (‘the Häggån Project’) located in Sweden, establishing its value at C$50 million.

Aura has entered into a binding agreement to transfer 100% of the Häggån Project to SIU Metals Corp. (‘SIU Metals‘), an unlisted Canadian public company, in consideration for acquiring shares in SIU Metals. The agreement will result in SIU Metals being the 100% owner of the Häggån Project.

Aura will retain 78.7% ownership of SIU Metals and the Strategic Investors will own 19.7% after contributing C$10 million via a private placement. SIU Metals intends to seek a stock market listing on the TSX Venture Exchange (‘TSXV’) in connection with the transaction.

HIGHLIGHTS

  • Valuation for Häggån project established at C$50 million (A$55 million)
  • Agreement with MMCAP and certain other strategic investors to provide aggregate gross proceeds of C$10 million to SIU Metals, which will be renamed following the transaction
  • Proceeds to be used for the advancement of the Häggån project, including permitting and resource expansion through continued exploration including on surrounding tenements
  • Aura will retain ownership of 78.7% of SIU Metals and consequently will retain indirect exposure to the Häggån project post-transaction
  • Aura to appoint new officers and directors to SIU Metals on closing of transaction
  • Financing is expected to complete in February 2026, with the transaction expected to complete in June 2026
  • New Canadian listed company to benefit from increased visibility and direct comparison with valuation of other public companies with similar deposits
  • On 1 January 2026, the Minerals Act in Sweden was amended to allow exploration for and extraction of uranium
Phil Mitchell, Executive Chairman Aura Energy, said:

“We are delighted to welcome investors of the calibre of MMCAP, Aura’s largest shareholder, and other high-quality investors into this new vehicle for Aura’s Häggån project, and the future support they can bring. We believe their investment is a demonstration of the quality and potential of the project, and its exciting future as, following legislation changes brought into effect on 1 January 2026, mining of uranium is now allowed again in Sweden. This transaction shines a spotlight on the under-recognized value of Häggån within Aura Energy, and creates an independent and dedicated pathway for funding, growth and management of the project.

Upon successful completion of the transaction, Aura’s existing shareholders will continue to benefit from Häggån’s upside potential, and by way of a direct comparison with the valuation of other companies with similar deposits in the region.”

Click here for the full ASX Release

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Steve Barton, host of In It To Win It, shares price targets for silver and discusses when silver stocks may start to outperform the metal.

‘I fully expect a catch-up trade like this — I think that it’s coming, and I think it’s going to come this year and probably this first quarter,’ he said.

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

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Europe should be happy President Donald Trump was elected — despite his threats to take Greenland — because without him, it would never have stepped up for its own defense, according to NATO Secretary-General Mark Rutte. 

‘I’m not popular with you now because I’m defending Donald Trump, but I really believe you can be happy that he is there because he has forced us in Europe to step up, to face the consequences that we have to take care of more of our own defense,’ Rutte said Wednesday in remarks at Davos, Switzerland.

‘No way, without Donald Trump, this would never have happened. They’re all on 2% now,’ he went on during a panel at the World Economic Forum. 

In 2014, NATO allies agreed to spend 2% of GDP on defense, but many fell short until recent years. With the Russian invasion of Ukraine and Trump’s threats not to defend NATO countries, most allies are meeting or exceeding the benchmark. 

They’ve now agreed to spend 5% GDP on defense and national security infrastructure.

‘I’m absolutely convinced without Donald Trump you would not have taken those decisions, and they are crucial, particularly for the European and the Canadian side of NATO to really grow up in the post-Cold War world.’

U.S. lawmakers previously criticized Rutte for his own country’s underspending on defense. Rutte was prime minister of the Netherlands from 2010 to 2024. 

Rutte argued the U.S. is still committed to Europe’s defense, and the nuclear umbrella is the ultimate defense guarantee.

‘The Americans still have over 80,000 soldiers in Europe … including in Poland and Germany, and so they are still heavily invested in European defense. And yes, they have to pivot more towards Asia. So it is only logical for them to expect us, Europe, to step up over time,’ he said.

He also added Greenland is not the ‘main issue’ and Europe should not let it distract from Ukraine’s defense. 

‘The risk here is that we focus, of course, on Greenland, because we have to make sure that issue gets solved in an amicable way,’ he said. ‘But the main issue is not Greenland. Now, the main issue is Ukraine. I’m also a little bit worried that we might drop the ball focusing so much on these other issues.’

‘This focus on Ukraine should be our top priority,’ he said. ‘Ukraine has to come first because it is crucial to our European and American security.’

Rutte repeatedly has praised Trump, in June calling him ‘daddy’ of the NATO alliance. 

‘Daddy has to sometimes use strong language to get them to stop,’ he said in reference to fighting between Israel and Iran.

Other European leaders have expressed more concern about Trump’s Greenland ambitions. On Wednesday Trump, for the first time, ruled out taking Greenland by force. 

Danish Prime Minister Mette Frederiksen has said a U.S. takeover of Greenland would mean the ‘end of NATO,’ the nearly 80-year-old defense alliance. 

Trump spoke at the Davos, Switzerland, conference Wednesday after threatening Europe with tariffs over the Greenland dispute.

This week the president told Norwegian Prime Minister Jonas Gahr Støre in a text message he ‘no longer thinks purely of peace’ in his desire to own Greenland.

Trump wrote: ‘Dear Jonas: Considering your Country decided not to give me the Nobel Peace Prize for having stopped 8 Wars PLUS, I no longer feel an obligation to think purely of Peace, although it will always be predominant, but can now think about what is good and proper for the United States of America.’

‘I have done more for NATO than any other person since its founding, and now, NATO should do something for the United States,’ Trump wrote. ‘The World is not secure unless we have Complete and Total Control of Greenland.’

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President Donald Trump took a shot at Somalia and claimed that the investigations Minnesota faces alleged fraud schemes is a reminder that the West cannot allow mass migration from ‘failed’ societies. 

Minnesota has encountered heightened scrutiny in recent months as the state faces investigations into multiple alleged fraud schemes plaguing the state’s social services system. 

The majority of those charged are part of Minnesota’s Somali population, and Trump unveiled plans in November 2025 to end the temporary protected status for Somali migrants in Minnesota that offers protections against deportation.

‘The situation in Minnesota reminds us that the West cannot mass import foreign cultures, which have failed to ever build a successful society of their own,’ Trump said Wednesday at the World Economic Forum in Davos, Switzerland. ‘I mean, we’re taking people from Somalia, and Somalia is a failed — it’s not a nation — got no government, got no police … got no nothing.’

Secretary of the Treasury Scott Bessent announced in December 2025 that his agency was launching an investigation evaluating whether Minnesota’s funds were potentially diverted to al-Shabab, a terrorist organization based in Somalia. 

Lawmakers also initiated probes into Minnesota’s alleged ‘Feeding Our Future’ $250 million fraud scheme that allegedly targeted a children’s nutrition program the Department of Agriculture funded and that Minnesota oversaw during the COVID-19 pandemic.

At least 77 people have been charged in that scheme, which took advantage of the U.S. Department of Agriculture’s decision to waive certain Federal Child Nutrition Program requirements.

Likewise, another alleged fraud scheme in the state stems from the Housing Stability Services Program, which allegedly offered Medicaid coverage for housing stabilization services in an attempt to help those with disabilities, mental illnesses and substance-use disorders receive housing.

The Justice Department so far has charged less than a dozen people for allegedly defrauding the program that runs through Minnesota’s Medicaid service, but more charges are expected.

Minnesota Gov. Tim Walz, a Democrat, has claimed that he believes that reports indicating the fraud could total over $9 billion are exaggerated and ‘sensationalized,’ but he’s also promised to address the issue. 

‘I am accountable for this, and more importantly, I am the one that will fix it,’ Walz told reporters in December 2025.

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Justice Brett Kavanaugh voiced concern during oral arguments on Wednesday that a Supreme Court case involving Federal Reserve Governor Lisa Cook could erode the central bank’s independence if the justices were to side with President Donald Trump in it.

Kavanaugh asked Solicitor General John Sauer, who argued on behalf of the administration, about his position that Trump alone can decide what ’cause’ means when firing a Federal Reserve governor.

‘That’s your position, no judicial review, no process required, no remedy available,’ Kavanaugh said, describing it as a ‘very low bar for cause that the president alone determines.’

Kavanaugh, a Trump appointee, added that that would ‘weaken, if not shatter, the independence of the Federal Reserve.’

Sauer said he disagreed and that the law requiring a Federal Reserve governor to be fired for cause was, in fact, a ‘high bar.’

‘It’s our very strong protection because it does protect them from the one thing that Congress was apparently most worried about, which is a removal for policy disagreement,’ Sauer said. 

The high-stakes case stems from Cook, who was represented during oral arguments by renowned conservative attorney Paul Clement, suing over Trump removing her from the Federal Reserve’s powerful seven-member board of governors.

Cook was appointed by former President Joe Biden. Board members serve 14-year terms, and no president has ever fired a single one.

The justices are weighing whether to keep in place a lower court injunction that has allowed Cook to remain in her post while her lawsuit proceeds.

Trump has argued he has broad authority to fire Cook, alleging she committed private mortgage fraud. Cook has denied those claims and said she has received no due process. She has not been charged with any crime.

While the conservative justices appeared largely sympathetic during a separate case examining Trump’s stance that he could fire members of independent agencies, such as the Federal Trade Commission, the justices appeared to view the Federal Reserve as more insulated during Wednesday’s arguments.

The Federal Reserve, created in 1913, moderates interest rates and, unlike other independent agencies, it is not funded by Congress and its policy decisions do not need presidential or legislative approval.

Trump has repeatedly blasted Chairman Jerome Powell and the Federal Reserve for lowering benchmark interest rates at a slower pace than the president wants. The president’s feud with the Federal Reserve recently expanded after Powell revealed that the Department of Justice was investigating him over an allegation he lied to Congress, which Powell denies.

Kavanaugh also raised a bigger picture question, asking Sauer what the implications of deciding in favor of Trump would mean for future administrations.

‘Let’s talk about the real-world, downstream effects of this, because if this were set as a precedent, it seems to me, just thinking big picture, what goes around, comes around,’ Kavanaugh said. ‘All the current president’s appointees would likely be removed for cause on Jan. 20, 2029, if there’s a Democratic president or Jan. 20, 2033. And then, we’re really at at-will removal.’

Justices across the ideological spectrum voiced skepticism about Trump’s ability to fire Cook. Justice Sonia Sotomayor, an Obama appointee, said she found the whole case unusual, noting that Trump first raised Cook’s termination through social media.

‘This whole case is irregular, starting with a Truth Social notice, or thinking of it as notice at all, certainly didn’t invite an opportunity to be heard. But that’s where we are,’ Sotomayor said.

Fox News’ Bill Mears contributed to this report.

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A ‘limited number’ of U.S. personnel are operating in Caracas as Washington looks to resume diplomatic relations with Venezuela after the historic capture of Nicolás Maduro, Fox News has learned.

A senior State Department official told Fox News that the Trump administration plan to resume official diplomacy with Venezuela is under way. This is the first time a State Department official has commented on reporting about the diplomatic team on the ground.

‘A limited number of U.S. diplomatic and technical personnel are in Caracas conducting initial assessments for a potential phased resumption of operations,’ the official said.

The official did not specify exactly what ‘a limited number’ meant, and it is not immediately clear exactly how many people are on the ground. The phased resumption of operations would include the re-opening of the U.S. Embassy and consulate offices in Venezuela.

Since Maduro was captured, the Trump administration has been cautious in its approach to Venezuela. President Donald Trump initially said that the U.S. would ‘run’ the country for an undetermined period of time. 

Since then, Trump has met with Venezuelan opposition leader María Corina Machado, who he said he doubts has the support necessary to take over the country.

After her meeting with Trump, Machado spoke at a news conference hosted by the conservative think tank, the Heritage Foundation, in Washington, D.C. She said that Venezuela would hold ‘free and fair’ elections ‘eventually.’ However, she did not offer a timeline for how long the current interim government would be allowed to rule, only that elections would happen ‘as soon as possible.’

Machado also attempted to downplay the appearance of competition between herself and Maduro’s successor, interim Venezuelan President Delcy Rodriguez, for Trump’s support.

‘This has nothing to do with a tension or decision between Delcy Rodríguez and myself,’ Machado said when asked about Trump’s openness to working with the interim government. ‘This is about a criminal structure that is a regime and the mandate of the Venezuelan people.’

On Jan. 15, Rodriguez, who was sworn-in as Venezuela’s interim president following the capture of Maduro, met with CIA Director John Ratcliffe. A U.S. official told CBS News that the purpose of the meeting was to ‘deliver the message that the United States looks forward to an improved working relationship.’

Rodriguez’s meeting with Ratcliffe took place one day after she had a phone call with Trump, who said the conversation was ‘very good.’

‘We are making tremendous progress, as we help Venezuela stabilize and recover. Many topics were discussed, including oil, minerals, trade and, of course, national security,’ Trump wrote on Truth Social. ‘This partnership between the United States of America and Venezuela will be a spectacular one FOR ALL. Venezuela will soon be great and prosperous again, perhaps more so than ever before!’

Fox News Digital’s Morgan Phillips contributed to this report.

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Nigerian authorities have admitted that more than 160 Christians were kidnapped during worship services Sunday after initially denying the simultaneous attacks on three churches.

‘Subsequent verification from operational units and intelligence sources has confirmed that the incident did occur,’ Benjamin Hundeyin, the police spokesperson for the unit in northwestern Kaduna, Nigeria, state, said in a statement.

A state lawmaker, Usman Danlami Stingo, had told The Associated Press that 177 people were abducted during simultaneous in northwestern Kaduna, Nigeria, Sunday. Eleven reportedly escaped, while 168 are still missing, according to Stingo. The attacks reportedly took place at the Evangelical Church Winning All (ECWA), at another church belonging to the denomination Cherubim and Seraphim, and at a Catholic church. 

Kaduna, Nigeria, State Police Commissioner Muhammad Rabiu initially described news reports of the attacks Monday as rumors, saying the police visited one of the three churches in the district of Kajuru and ‘there was no evidence of the attack.’

Joseph Hayab, chairman of the Northern Christian Association of Nigeria, claimed on Nigerian broadcast network Africa Independent that the issue had become ‘politicized.’

‘I don’t know the politics being played by the deniers, but this is quite sad. Whoever is asking for a list, we have shown them the list, let them tell us the list does not exist.’

‘This incident happened,’ he said. ‘All we want is for the security services to do is to go after them.’ 

The Chikun/Kajuru Active Citizens Congress (CKACC), a local advocacy group, published a list of hostages that has not been verified. 

Rights group Amnesty International condemned the ‘desperate denial’ of the attack by the police and government.

‘The latest mass abduction clearly shows President Bola Tinubu and his government have no effective plan for ending years of atrocities by armed groups and gunmen that killed thousands of people,’ the group said in a statement.

In response to the recent kidnappings, a senior Trump administration official told Fox News Digital, ‘President Trump made his position clear. Nigeria is facing a complex array of threats from terrorist groups and violent extremist organizations that is affecting wide portions of the country. We hope that the Nigerian government will work to take swift and immediate action in collaboration with the United States to address the violence that is affecting Christians, as well as countless other innocent civilians across Nigeria.’

Two Christian groups, Northern Christian Association of Nigeria and Christian Solidarity Worldwide Nigeria (CSWN), said they sent representatives to the region to investigate, but they were turned away by military and local government officials. 

A local resident allegedly told CSWN that bandits had rounded up congregants and ‘forced them into a bush,’ later releasing elderly women and children. 

Kaduna State Police Commissioner Muhammad Rabiu said Monday police visited one of the three churches and ‘there was no evidence of the attack.’

He said the ‘rumors’ were ‘sponsored by people who are not happy with the relative peace that Kajuru has been enjoying since the coming of this administration.’

The kidnapping reports come just weeks after the U.S. carried out airstrikes against Islamist targets in northern Nigeria.

On Dec. 25, 2025, U.S. Africa Command confirmed it conducted precision strikes targeting Islamic State-linked militants in Sokoto State, a Muslim-majority region in northwest Nigeria. The Pentagon said the operation was carried out in coordination with Nigerian authorities and was intended to degrade ISIS-West Africa Province capabilities. 

Officials said multiple militants were killed. 

The Christmas Day strikes marked one of the most significant U.S. military actions in Nigeria in recent years and came amid warnings from U.S. officials that ISIS affiliates were exploiting Nigeria’s vast ungoverned spaces, porous borders and limited security presence in rural areas.

In recent months, armed groups have abducted hundreds of schoolgirls and students from multiple northern Nigerian schools, incidents that reignited U.S. political debate over whether the violence constitutes religious persecution or criminal banditry — and whether Nigeria’s government is capable of protecting vulnerable populations. Religious freedom advocates and some U.S. lawmakers have urged stronger diplomatic and security engagement, arguing that repeated attacks on Christian communities are being minimized by Nigerian authorities.

Nigeria’s government has consistently rejected claims of a coordinated campaign against Christians, insisting the violence is driven primarily by criminal groups seeking ransom rather than ideology. Security officials have warned that misinformation surrounding attacks risks inflaming tensions in already volatile regions.

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President Donald Trump said Wednesday he will not impose tariffs that were set to take effect Feb. 1, citing a ‘framework of a future deal’ with NATO involving Greenland and the Arctic region.

‘Based upon a very productive meeting that I have had with the Secretary General of NATO, Mark Rutte, we have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region,’ Trump wrote on Truth Social.

Trump said the deal, if finalized, ‘will be a great one for the United States of America, and all NATO Nations,’ adding that the agreement led him to halt the planned tariffs.

Trump added that talks are continuing, saying, ‘Additional discussions are being held concerning The Golden Dome as it pertains to Greenland,’ and said Vice President JD Vance, Secretary of State Marco Rubio and special envoy Steve Witkoff will lead negotiations and ‘report directly to me.’

‘As President Trump said, the details of the framework will continue to be unveiled as discussions continue,’ White House Spokeswoman Anna Kelly said to Fox News Digital. ‘The White House has nothing more to add at this time.’

This is a developing story, check back later for updates.

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After President Donald Trump announced a new Greenland ‘framework’ had been agreed upon with North Atlantic Treaty Organization (NATO) Secretary General Mark Rhutte, the NATO chief told Fox News’ ‘Special Report with Bret Baier’ that U.S. forcibly taking control of Greenland, away from Denmark, was not discussed during meetings between him and President Donald Trump in Switzerland during the World Economic Forum.

‘That issue did not come up anymore in my conversations with Mr. President. He’s very much focused on what we need to do to make sure that that huge Arctic region, where change is taking place at the moment, where the Chinese and Russians are more and more active, how we can protect that’ Rhutte said when pressed on the details of the reported ‘framework’ that has been agreed upon, and that Trump said has resulted in his decision not to impose certain tariffs scheduled to go into effect Feb. 1. 

‘That was really the focus of our discussions,’ Rhutte insisted.

Trump announced the new ‘framework’ pertaining to Greenland in a post on his social media site Truth Social Wednesday afternoon while at the World Economic Forum this week. 

‘Based upon a very productive meeting that I have had with the Secretary General of NATO, Mark Rutte, we have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region,’ the president wrote. ‘Based upon this understanding, I will not be imposing the Tariffs that were scheduled to go into effect on February 1st. Additional discussions are being held concerning The Golden Dome as it pertains to Greenland. Further information will be made available as discussions progress.’

Trump noted that Vice President JD Vance, Secretary of State Marco Rubio and Special Envoy Steve Witkoff will lead ‘the negotiations’ and report directly back to him.

‘We probably won’t get anything unless I decide to use excessive strength and force where we would be, frankly, unstoppable. But I won’t do that,’ Trump said earlier in the morning at the World Economic Forum. ‘Now everyone’s saying, ‘Oh, good.’ That’s probably the biggest statement I made, because people thought I would use force. I don’t have to use force. I don’t want to use force. I won’t use force.’

During the exclusive interview with Fox News, Rhutte called Trump ‘totally right’ about needing to shore up security in the Arctic region, noting that the chance of Russia or China becoming a threat in that region is increasing every day. The NATO Secretary General also praised Trump’s leadership in getting other NATO countries to pay more money to the alliance’s defenses.

‘I would argue tonight with you on this program, he was the one who brought a whole of Europe and Canada up to this famous 5%,’ Rhutte insisted. ‘Which is crucial for us to equalize our spending, but also protect ourselves. And this is the framework which you see in his post that we will work on.’

Rhutte also noted that increased volatility between NATO-aligned countries, Russia and China underscored the need to shore up security in the Arctic region, during his interview with Fox News Wednesday evening.

Meanwhile, the NATO chief was asked whether he thought other countries were dealing with the Russians and the Chinese differently than they have in the past.

‘It’s not up to me to comment on what individual allies are doing in terms of their relationship with China,’ Rhutte responded. ‘I think collectively, as NATO, we have a position. The position is that we should not be naive. I can tell you’ll regret these huge investments the Chinese are making in the military. They are not there to organize parades in Beijing, and the military in Russia are not there to organize parades in Moscow. They are there to be used.’

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