Author

admin

Browsing

Former Biden-era White House press secretary Karine Jean-Pierre abruptly left the Democratic Party in her rear-view mirror, announcing in June that she had become an Independent after spending more than two years as President Joe Biden’s top spokesperson and defender. 

‘Our country has become obsessed with blind loyalty to a two-party democratic system. In her new book, timed for publication just one year after the 2024 election, Karine Jean-Pierre shares why Americans must begin to look beyond party lines and why she chose to embrace life as an Independent,’ a press release announcing Jean-Pierre’s upcoming book, ‘Independent,’ stated while revealing that the former spox had ditched the Democratic Party. 

‘Jean-Pierre didn’t come to her decision to be an Independent lightly, she has served two American presidents, Obama and Biden. . . . She takes us through the three weeks that led to Biden’s abandoning his bid for a second term and the betrayal by the Democratic Party that led to his decision,’ the press release continued. 

Fox News Digital took a look back at Jean-Pierre’s history as press secretary – which spanned from May 13, 2022, until January 20, 2025 – including the most partisan stances and statements she made in defense of the administration as the immigration crisis spiraled to new highs, the Supreme Court overturned Roe v. Wade, the administration embraced transgender issues, and the White House’s heated rhetoric aimed at President Donald Trump ahead of the 2024 election. 

‘We are not finishing a wall. We are cleaning up the mess that the prior administration made. We are trying to save lives. This is what the prior administration left behind that we are now cleaning up,’ Jean-Pierre declared from the White House briefing room’s podium in July of 2022, as the Biden administration said it would not continue work on the Trump administration’s border wall. 

 ‘A border wall is an ineffective use of taxpayer dollars, so it’s ineffective,’ she added. 

Months later, as Title 42, a Trump-era policy that allowed U.S. officials to turn away migrants who came to the U.S.-Mexico border because of health concerns was set to expire, Jean-Pierre argued, ‘It would be wrong to think that the border is open. It is not open.’

Critics at the time slammed the press secretary over the comment, calling the comment a ‘bold-faced lie’ as migrants were seen coming across the border with little consequences. 

The Biden administration was in power when the Supreme Court issued its landmark decision effectively ending the recognition of abortion as a constitutional right in the Dobbs v. Jackson decision in June of 2022, with Jean-Pierre calling the ruling ‘extreme.’ 

‘When the Supreme Court made that extreme decision on Dobbs, it really put a lot of families and women’s lives at risk,’ she said during a press conference in July of 2022. 

The Biden White House frequently celebrated LGBTQ holidays during its four years, including fiercely defending transgender issues and policies that the Trump administration has since ended. 

‘Tomorrow is Trans Visibility Day,’ Jean-Pierre said during a March 2023 press conference slamming Republicans who put forth legislation that aimed to keep biological boys out of girls’ sports and end transgender surgeries for minors. ‘On a day that we should be lifting up our trans kids and our trans youth and making sure that they feel seen, we’re seen more and more of these hateful, hateful bills.’

‘We’ve been very clear about these anti-LGBTQ bills that we’re seeing in state legislatures across the country, in particular these anti-trans bills, as they attack trans kids, as they attack trans parents. It is shameful, and it is unacceptable,’ she added. 

In the months leading up to Election Day, Trump faced two separate assassination attempts, including one in Butler, Pennsylvania, during a campaign rally in July that left him with an injury to the side of his head after a bullet whizzed towards him, and another in September when a man attempted to kill Trump while he played golf in Florida. 

‘It’s been only two days since somebody allegedly tried to kill Donald Trump again, and you’re here at the podium in the White House briefing room calling him a threat,’ Fox News’ Peter Doocy pressed during a news conference in September of 2024. ‘How many more assassination attempts on Donald Trump until the president and the vice president and you pick a different word to describe Trump other than ‘threat’?’

Then-Vice President Kamala Harris and Biden had both repeatedly claimed that ‘Democracy is on the ballot’ last year amid Trump’s re-election campaign. While the White House, Biden and Harris additionally described Trump as a ‘threat’ to democracy, Fox Digital previously extensively reported. 

Jean-Pierre exhaled in a sign of disapproval before answering: ‘Peter, if anything, from this administration, I actually completely disagree with the premise of your question, the question that you’re asking. It is also incredibly dangerous in the way that you are asking it, because American people are watching. And to say that, when you start bringing political rhetoric. . . . That is not okay.’

‘There are people watching at home who might miss the part where you say, let’s lower the temperature. And there are mentally unstable people who are attempting to kill political candidates, attempting to kill Donald Trump. And they are still hearing this White House refer to him as a threat. Is there no concern?’ Doocy continued in the press conference. 

‘We’re using examples. We’re not just saying that just to say it,’ Jean-Pierre responded. 

This post appeared first on FOX NEWS

Israeli parliament member Ohad Tal told Fox News Digital that striking a deal with Iran should not be the goal without first toppling its ‘evil, jihadist regime,’ as President Donald Trump on Sunday called on both sides to come to the negotiating table. 

Tal, who sits on the Knesset foreign affairs and defense committees, spoke to Fox News Digital from outside of Jerusalem on Sunday as Israel and Iran traded strikes for a third day.  

‘We are now engaging in a war with Iran, a war which I believe is historic, because we are now, finally, hopefully, we will liberate, not just ourselves, not just the Iranian people, but the entire world from the threat of the evil Iranian regime,’ he said. 

Earlier Sunday, Trump said on TRUTH Social that ‘Iran and Israel should make a deal, and will make a deal,’ noting how his administration has successfully negotiated other conflict resolutions, including between India and Pakistan, ‘by using TRADE with the United States to bring reason, cohesion, and sanity into the talks with two excellent leaders who were able to quickly make a decision and STOP!’ 

Tal, however, made the distinction that the goal of the Ayatollah and the Muslim Brotherhood is the ‘destruction of Israel’ and the ‘destruction of America.’   

‘I think that our goal should be taking down the Iranian regime, because if you really want to put an end to the ambitions of Iran to acquire a nuclear weapon, the only way to do that is by taking down this regime,’ Tal said. ‘This regime has only one purpose, not to destroy Israel … they want to take down America.’ 

He said more deals would only allow Iran to re-arm and re-develop their nuclear program. 

‘I think just the idea of negotiating deals with a jihadist terror supporter regime is outrageous,’ he continued. ‘I mean, the only goal we should have, we should all have, is taking down this evil regime. Again, if we really want to build a better future of stability and prosperity for everybody in the region, in the world, that should be the goal.’ 

Trump has vetoed a plan floated by Israel to the U.S. to kill Iran’s Supreme Leader Ayatollah Ali Khamenei, a U.S. official told Fox News, amid concerns doing so would further destabilize the region. 

Tal told Fox News Digital that the West must face the reality that ‘we must take down this evil, jihadistic regime’ not just to save the region, but the ‘entire world from this threat.’ 

Since last Thursday, when the Israel Defense Forces launched a large-scale preemptive strike against Iran, targeting nuclear facilities, key infrastructure and leadership, Tal said he’s received calls from Muslim and Arab leaders across the Middle East who told him, ‘You’re not just saving yourself, you’re saving us as well.’ 

‘That is the reality. Iran and the Ayatollahs are not just a threat to Israel, they are a threat to the entire world, and therefore I believe that by the fact that Israel is not looking the other way,’ Tal said. ‘We’re not burying our head in the sand. We are standing in front of this threat, and we are fighting back. I think we are doing a big favor to the world.’ 

Tal said Iran has suffered ‘an unbelievable amount of damage’ and the IDF ‘basically has total control over the Iranian airspace.’ Israeli forces, he argued, are targeting military bases, nuclear facilities and officials, while Iran is targeting civilian populations. Some Iranian missiles have made it past Israel’s aerial defense systems. 

‘That’s a culture that glorifies death, doesn’t care about civilian casualties, and we’re a culture that sanctifies life,’ he said. 

Tal said he has received support from U.S. officials, including members of Congress. 

He believes that Israel’s actions are in line with Trump’s ‘America First’ policy, in that the ongoing operation will prevent the United States from being pulled into a broader conflict. 

‘We’re getting the support from the Trump administration 100 percent,’ Tal said. ‘Trump is supporting America First Policy. We are also supporting America First Policy because fighting this evil regime will help to prevent much, much bigger war.’

‘If the Iranians would have managed to get their desire and acquire a weapon, that would not have just been a threat to America,’ he continued. ‘We’re not asking [for] American boots on the ground, we’re not asking America to fight for us. We’re just asking them to support us in taking away the threat coming from Iran.’ 

Fox News’ Peter Doocy contributed to this report.

This post appeared first on FOX NEWS

President Donald Trump on Sunday said Israel and Iran sometimes ‘have to fight it out’ while expressing optimism that a deal can be struck as both countries continue to trade airstrikes amid fears of a wider conflict in the Middle East. 

Trump was getting ready to board Air Force One to depart for Canada to attend the G7 Summit in Alberta when he was asked about his effort to help de-escalate the tensions between Israel and Iran.  

‘Well, I hope there’s going to be a deal,’ Trump said. ‘I think it’s time for a deal, and we’ll see what happens. But sometimes they have to fight it out. But we’re going to see what happens. I think there’s a good chance there will be a deal.’

Last week, Israel launched an airstrike targeting a nuclear facility and military structures in Iran, killing dozens of people. Israel said the operation was necessary to stop Iran, its biggest adversary, from moving closer to building an atomic weapon.  

Iran canceled the sixth round of nuclear talks scheduled to take place in Oman following Israeli strikes on Tehran. 

The attack prompted the Islamic Republic to retaliate with waves of missile strikes targeting various parts of Israel. 

Meanwhile, Israel launched strikes targeting surface-to-surface missile sites in central Iran, the Israel Defense Forces (IDF) said. 

Earlier, the Israeli Air Force and Navy successfully intercepted over 100 unmanned aerial vehicles (UAVs) launched from Iran in ongoing aerial attacks, with no reports of fallen drones in Israeli territory.

This post appeared first on FOX NEWS

President Donald Trump issued a full-throated endorsement of Rep. Abe Hamadeh, R-Ariz., backing the lawmaker for re-election less than half a year into the freshman House member’s first term in office.

‘Abe Hamadeh has my Complete and Total Endorsement for Re-Election – HE WILL NEVER LET YOU DOWN!’ the president declared in a Truth Social post in which he described the congressman as ‘an America First Patriot.’

Trump endorsed Hamadeh in December 2023, ahead of the 2024 GOP U.S. House primary in Arizona’s 8th Congressional District.

But then later he issued an unusual dual endorsement of both Hamadeh and another GOP primary candidate, Blake Masters, just ahead of the 2024 contest that Hamadeh ultimately won.

Back in February Hamadeh introduced a resolution to limit the types of flags that may be displayed in House facilities, though the text of the proposal stipulates that it would not ‘apply to the individual personal office space of a Member of the House of Representatives.’

The resolution would allow for displaying the American flag and various other kinds of flags, some of which would include ‘The State flag of the represented district of a Member of the House of Representatives, displayed adjacent to the office of such Member’ and ‘The flags of visiting foreign dignitaries during an official visit.’

‘Congress is supposed to embody the AMERICAN people. That’s why I’ve introduced a resolution to ban foreign and ideological flags in the Halls of Congress. It’s pathetic that I even have to introduce this resolution,’ Hamadeh declared in a tweet this month.

Six other House Republicans are listed as cosponsors on congress.gov, including three original cosponsors and three other lawmakers listed as backing the measure this month.

‘You have inspired me and so many other young men and women to fearlessly serve our country in our nation’s Armed Services and the halls of Congress,’ Hamadeh wrote in a June 14 letter to Trump marking the president’s 79th birthday and the Army’s 250th.

This post appeared first on FOX NEWS

On October 7, 2023, like many around the world, I awoke to news of the horrific attacks perpetrated by Hamas against more than 1,200 innocent Israeli, American and other civilians who that day were doing nothing other than going about their lives. The television newscasts were bone-chilling – pictures of mutilated babies; of fathers, mothers, sisters, brothers slain in front of family members; of peace activists murdered in cold blood; and of the taking of 250 hostages, some of whom more than 20 months on are still being held.  

Later that day, the United States called for an emergency meeting of the United Nations Security Council to address this mass terror attack, the largest murder of Jews since the Holocaust. As the American ambassador to the UN responsible for Security Council matters, I represented the United States at the October 8 emergency meeting and demanded the council issue a statement expressly condemning Hamas for the ruthless terrorist attacks.  

Unfortunately, Russia, China and a few other council members refused to endorse such a statement. To put it simply, their refusal to call a spade a spade was abhorrent and incomprehensible. Note: To this day, the Security Council has yet to formally declare Hamas a terrorist group. 

Going into the October 8 emergency Security Council meeting, there had rightfully been much global sympathy for Israel – and certainly an expectation that Israel would have to respond militarily. However, once Israel took measures to defend itself, a right enshrined in Article 51 of the UN Charter, many nations, most notably from the Global South, condemned Israel’s response as disproportionate and used it as a rallying cry to further isolate Israel in the multilateral system and beyond.  

To me and many of my U.S. government colleagues, this was not unexpected. Since joining the UN in 1948, there has been an unfortunate decline in support for Israel at the world body, a decline that began to accelerate following the period of decolonization in the 1960s. Many former colonies wrongly began to view the Israel-Palestinian conflict through the prism of their own struggles against European colonizers, with Israel viewed as a colonizer and the Palestinians as being colonized. 

Israel’s relationship with the UN reached a nadir in 1975, when the UN General Assembly passed a highly politicized resolution equating Zionism with racism, a document that was finally revoked by the UNGA in 1991. Regrettably, efforts by the Palestinians and their supporters to isolate Israel at the UN have not abated and in fact have intensified since October 7, 2023.  

During my two-plus years in New York as ambassador, I engaged in a great deal of difficult diplomacy on the situation in Gaza and cast the sole veto of two UNSC draft resolutions related to the war, both of which lacked a clear condemnation of Hamas, a direct linkage of a ceasefire to the release of hostages, and a reference to Israel’s Article 51 rights. 

Had these texts been adopted by the council, they would not have delivered an immediate ceasefire or a release of the hostages – but certainly would have given Hamas the time and space to rearm. Other council representatives privately agreed but nevertheless felt increasing pressure from their capitals to produce a council document calling for an immediate ceasefire. 

From the beginning of the conflict through the end of the Biden administration, the U.S. regularly proffered creative alternatives on ceasefire language, while most other council members insisted on an explicit reference to an immediate ceasefire. On rare occasions, the council was able to find common ground on Gaza wording when it focused on upholding the principles of humanitarian assistance and protection of civilians. 

But when some members opted to abandon council unity and force votes on resolutions containing unacceptable ceasefire language, the U.S. was left with no choice but to exercise its veto. Before each veto was cast, we recognized the potential collateral damage to America’s international reputation; however, in our view the adoption of an unbalanced council resolution would have made a ceasefire neither practicable nor implementable given the highly charged and extremely complex situation on the ground.  

In the United States’ view, the establishment of a limited and credible negotiation channel was essential for achieving an effective, durable and sustainable end to the war. While the Biden administration didn’t achieve an end to the war on its watch, it did negotiate a three-phase diplomatic framework to pause the fighting and release the hostages, which was ultimately blessed by the council and backed by the Trump administration. 

To this day, one key factor hampering council unity on Gaza is Moscow and Beijing’s exploitation of the situation there for a clear geopolitical end: deflect international attention away from Russia’s savage war against Ukraine. In response to Russian statements in the Council on Gaza, which habitually condemned the U.S. for allegedly facilitating Israeli actions, I constantly reminded council members that Russia was in no position to criticize any country given the horrific war of aggression it was conducting in Ukraine.  

I also publicly warned Chinese diplomats that should they continue making false accusations about the U.S. concerning Gaza, I would immediately call out their country’s support to Russia’s military industrial base, refuting Beijing’s fictitious claim that it supports neither party to the conflict. Russia and China must end their politicization of Gaza and either contribute constructively to peace efforts or simply get out of the way. 

While I had expected Russia and China to take adversarial positions, I was extremely disappointed that three U.S. partners on the council, Slovenia, Algeria and Guyana, chose to regularly piggyback on Russian and Chinese political shenanigans to push for more urgent council action on the issue. Their aim was to shame the U.S. and compel it to change course from its steadfast support of Israel in the war with Hamas.  

All the while, the three had been keenly aware that Washington was conducting sensitive negotiations behind the scenes with Israel, Qatar and Egypt on steps to facilitate a durable end to the fighting and ease civilian suffering in Gaza. But instead of getting fully behind those steps and working with us in good faith, they preferred to ratchet up public pressure on the U.S. and ignore American concerns about how their actions would be manipulated by Hamas and other malign actors in the region – Iran, Hezbollah and the Houthis – to the detriment of regional peace and security.  

Given persistent council divisions over the war in Gaza, some UN member states continue to lay the diplomatic predicate for a future General Assembly resolution (non-legally binding) calling for sanctions, an arms embargo and other tough international measures against Israel. 

The recent U.S. veto of another council resolution on Gaza will certainly provide fuel for those efforts. As I write, the Palestinians and their allies continue to ponder additional pathways to go after Israel throughout the UN system. There is even discussion in some UN circles about suspending Israel’s voting rights in the General Assembly, an act that would deeply anger Washington and trigger severe political consequences for the UN.  

Since this tragic conflict began, I have been mystified as to why many UN officials believe that all the U.S. has to do is instruct Israel to end its pursuit of Hamas and then somehow a magical end to the fighting would materialize.  

On their part, I sense a genuine reluctance to treat Israel as a legitimate state with its own national security concerns. While the United States does indeed have influence with Israel, it is naïve at best for these colleagues to think America can simply dictate to Jerusalem what it should and shouldn’t do in response to what it perceives as existential threats.  

Russia and China must end their politicization of Gaza and either contribute constructively to peace efforts or simply get out of the way. 

Misguided pressure on the U.S., relentless efforts to isolate Israel, Russian and Chinese diversionary tactics, blatant antisemitism, and a reluctance by some states to compromise continue to stymie the Security Council’s ability to speak with one voice on ending the Gaza war. Until these unfortunate practices cease, the council will remain irrelevant to a resolution to Gaza and the broader Israel-Palestinian conflict. 

While no one can ignore the terrible tragedy that is now Gaza, it remains a fact that those UN member states that have influence with Hamas have made a strategic decision not to use it. The hesitancy of many countries over the years to publicly condemn Hamas as a terrorist group has only given it the oxygen it needs to carry on, no matter how much death and suffering Palestinians in Gaza continue to experience.   

To end this war, Hamas must disarm and disband. There will not be peace in Gaza until it does. Gazans deserve an opportunity to live in peace and to seek a prosperous future. Hamas’ continued rule will bring them neither. 

This post appeared first on FOX NEWS

In 1823, President James Monroe drew a firm line in the sand: the Western Hemisphere would be closed to further European interference and, most importantly, America’s primary domain of industrial, political, and military control. The Monroe Doctrine, while audacious, proved effective and laid the groundwork for the Western Hemisphere as America’s stepping stone to the rest of the world. America was not yet a superpower and could not enforce it alone, however. Instead, America aligned British naval dominance with our interests to build a coalition of opportunity. America asserted its position, secured a partner through alignment against common rivals, and laid the groundwork for its emergence as a global superpower.

We find ourselves at a similar inflection point. The battleground isn’t about territory or shipping lanes, however. Today, it’s about computing power and associated techno-industrial dominance. Given the rate of change and speed of adoption, the stakes are higher than ever. 

Artificial intelligence turns data centers into industrial hubs for exponential innovation. Today, a country’s value lies not only in human capital and raw resources but also in hardware, the sovereignty to choose its own destiny, and control of the global AI technology ecosystem. 

To maintain dominance in this new era, America needs a new Monroe Doctrine, for AI: one founded on realism, committed to fostering hemispheric stability, and laser-focused on expanding our technological sphere of influence to secure the future.

Three Core Operating Principles for a Monroe Doctrine of AI

1. Flood the world with American AI Hardware

Export controls have become the default tool for U.S. policymakers attempting to contain China’s rise in AI, but they are backfiring. Instead of crippling China, they have harmed America’s most important tech company: NVIDIA. Its market share in China has plummeted from 95% to 50% in just four years, not due to superior Chinese competition, but because U.S. policy rendered the sale illegal. 

This created a vacuum in the world’s second-largest AI market. Into that vacuum stepped Huawei, offering not only rival chips but also building an entire AI ecosystem from the ground up: rare earth mining, chip design, infrastructure, and models. They aren’t just catching up. We’re handing them the advantage.

Rather than making ourselves an unreliable trading partner for countries eager to buy our most critical export, the U.S. should saturate the free world with American chips, which are hardened at the hardware level for security and compliance. This isn’t merely about defeating China. It’s about becoming the system that others rely on. The goal is to make our stack, our chips, our software, our standards, as indispensable as the dollar. Power comes from ubiquity, not scarcity.

2. Re-anchor the Western Hemisphere

The Western Hemisphere remains America’s home-field advantage. Leaders like Nayib Bukele in El Salvador and Javier Milei in Argentina are discarding outdated anti-American orthodoxies. They are pragmatic, growth-focused, and receptive to deeper cooperation. Now is the time to act.

Nearshoring involves more than just mitigating supply chain risks; it represents an industrial strategy. The U.S. should concentrate on high-end manufacturing: data center infrastructure, power systems, and semiconductors. Meanwhile, our neighbors in the Americas can handle lower-margin but crucial production that supports AI infrastructure at a lower cost than China, along with enhanced trust and transparency. Mexico is among the most affordable locations globally for manufacturing and assembly.

Artificial intelligence turns data centers into industrial hubs for exponential innovation. Today, a country’s value lies not only in human capital and raw resources but also in hardware, the sovereignty to choose its own destiny, and control of the global AI technology ecosystem. 

Re-anchoring our hemisphere to America’s AI ecosystem is how we create a foundation for the AI age, a Marshall Plan for computing, chips, and code. Let China maintain its Belt and Road of low-cost spyware. We’ll develop a hemisphere of excellence and trust.

3. Protect the Indo-Pacific Front, The Ring of Fire

Japan, South Korea, and Taiwan are the front lines of U.S.-China tech competition. Their fabrication facilities, standards, and developer ecosystems shape the global AI ecosystem. If we don’t support them with open access to U.S. technology and customers for U.S. products, China will. China is willing, and increasingly able, to fill any vacuum we leave behind.

And it’s not just the big three who are part of the Ring of Fire. Singapore, Malaysia, the Philippines, and Vietnam are all in play. Each has a tense, complex relationship with Beijing and is actively seeking deeper tech and trade ties with the U.S. The window is open, but not forever.

That means rethinking how we deploy tools like export controls and tariffs. Tariffs misalign incentives, punish allies, and raise the cost of the very inputs we need to reshore advanced manufacturing. Export restrictions that limit friendly access only help China’s competitors build alternatives. Export controls and tariffs should hamper our adversaries, not our companies and platforms.

Let’s be clear: the primary goal isn’t to slow China down. China is going to China. The goal is to stay ahead and play to our strength: open markets that scale. That’s how we win.

The Strategic Moment

With America’s AI lead established and our exports increasingly central to global tech supply chains, it’s time to seize the moment, not squander it. If the goal is to contain China, rather than ceding market share and fueling anti-American resentment, then we need to reassess what AI means to us and the world.

With America’s AI lead solidified and our exports increasingly anchoring global tech supply chains, now is the moment to act boldly, not cautiously. If the goal is to contain China, not cede ground or fuel anti-American resentment, we must rethink what AI represents, not just as a tool, but as a geopolitical weapon of alignment.

Misguided export controls and blanket tariffs don’t protect us—they shrink U.S. market share, raise production costs, and hand China the time and space to build behind a wall of protectionism. That’s not industrial strategy. That’s industrial retreat.

The solutions are simple. What’s required is political will. If China achieves independent AGI and exports its standards to our current allies, we won’t just lose influence; we’ll lose the framework that made us a superpower. But if we establish the U.S. as the default AI stack, flood friendly markets with our computers, and build a hemispheric manufacturing base around it, we won’t just hold the lead and we’ll lock it in for a generation.

The original Monroe Doctrine laid the groundwork for the American century. It worked because we had aligned allies and clear strategic priorities. In the AI era, we need the same: nearshored production, fortified Indo-Pacific alliances, and a trade regime that builds markets, not walls.

That’s how you make Beijing panic.

This post appeared first on FOX NEWS

FMR Resources Limited (ASX:FMR) (FMR or Company) is pleased to announce it has entered into a conditional Binding Term Sheet giving it the right to earn up to a 60% interest in a highly prospective copper-gold-molybdenite project in central Chile (Transaction). The Company will joint venture (JV) into selected tenements (the JV Tenements or Concessions) within the Llahuin Project (Llahuin or the Project) held by Southern Hemisphere Mining Ltd (SUH) which overlie the Southern Porphyry Target.

Highlights

  • Large Cu-Au-Mo porphyry target untested at depth
  • Coincidental datasets suggest substantial copper porphyry system
  • Shallow historic drilling confirms porphyry mineralisation above target
  • Drilling of targets to commence early Q4 2025
  • Oliver Kiddie joins FMR as Managing Director
  • Firm commitments received for $2.2m capital raising at $0.16 through a placement to existing and new sophisticated investors
  • Mark Creasy to join the FMR register as major shareholder

The Southern Porphyry JV gives FMR exposure to a potential Company-making discovery. Coincidental datasets captured across the Southern Porphyry target area suggest a large, untested copper porphyry system below historic exploration. With proven fertility along a ~6km corridor at Llahuin, including historic shallow copper porphyry mineralisation directly above the Southern Porphyry target, this JV delivers FMR drill-ready targets for Q4 2025. The Company looks forward to updating shareholders as we progress towards maiden drilling of these exciting targets.

In conjunction, FMR is pleased to announce the appointment of Oliver Kiddie as Managing Director. Mr Kiddie is a geologist with over 20 years’ experience across exploration, resource definition, project development, and production throughout Australia and internationally. He has extensive experience in base metal and gold exploration through senior management, executive, and directorship positions, including Dominion Mining, European Goldfields, the Creasy Group, and Legend Mining.

Oliver Kiddie said:“I am very excited to be joining the FMR team as the Company expands its exploration portfolio with the Llahuin Project in Chile. I look forward to leading the Company through the next stage of growth and working with the experienced SUH team as the compelling Southern Porphyry drill targets are tested in Q4 this year, with the clear aim of a Company-making discovery.”

Project Description

Porphyry-style Cu-Au-Mo mineralisation identified to date at the Llahuin Project is largely hosted in three main mineralised zones – the Central Porphyry Zone, Cerro do Oro and Ferrocarril, which occur along a +2.5 km N-S strike (open north and south, with a total strike length of up 6 km). These zones are coincident with a north-south trending valley, potentially reflecting weathering of more regressive units or a structure.

Llahuin was initially acquired in July 2011 by SUH through an intermediary from Antofagasta plc. Drilling completed across the project to date comprises 296 holes for 64,503m with a total of 62 holes for 11,927m completed on the JV Tenements, of which 9,156m reports to the Ferrocarril zone and are therefore not relevant to the Southern Porphyry Target. Drilling has resulted in the delineation of Mineral Resources which do not form part of the JV and do not form part of the transaction (see Figures 1 and 7).

In addition to drilling SUH has completed extensive geochemical and geophysical surveys at Llahuin, including detailed magnetics (MAG), induced polarisation (IP), and magnetotellurics (MT). These datasets have indicated a “blind” porphyry-style target at the southern end of the Llahuin Project named the Southern Porphyry Target. This target is defined by a coincident magnetic anomaly, IP resistivity anomaly, and MT resistivity anomaly. The target is modelled as a circular feature 1.5km – 2km in diameter and centred approximately 1,000m below surface (see Figures 1, 2, 3, 4, and 5).

Click here for the full ASX Release

This post appeared first on investingnews.com

U.S. President Donald Trump said on Friday that concerns over national security risks posed by Nippon Steel’s $14.9 billion bid for U.S. Steel can be resolved if the companies fulfill certain conditions that his administration has laid out, paving the way for the deal’s approval.

Shares of U.S. Steel rose 3.5% on the news in after-the-bell trading as investors bet the deal was close to done. Trump, in an executive order, said conditions for resolving the national security concerns would be laid out in an agreement, without providing details. “I additionally find that the threatened impairment to the national security of the United States arising as a result of the Proposed Transaction can be adequately mitigated if the conditions set forth in section 3 of this order are met,” Trump said in the order, which was released by the White House.

The companies thanked Trump in a news release, saying the agreement includes $11 billion in new investments to be made by 2028 and governance commitments including a golden share to be issued to the U.S. government. They did not detail how much control the golden share would give the U.S. Shares of U.S. Steel had dipped earlier on Friday after a Nippon Steel executive told the Japanese Nikkei newspaper that its planned takeover of U.S. Steel required “a degree of management freedom” to go ahead after Trump earlier had said the U.S. would be in control with a golden share.

The bid, first announced by Nippon Steel in December 2023, has faced opposition from the start. Both Democratic former President Joe Biden and Trump, a Republican, asserted last year that U.S. Steel should remain U.S.-owned, as they sought to woo voters ahead of the presidential election in Pennsylvania, where the company is headquartered.

Biden in January, shortly before leaving office, blocked the deal on national security grounds, prompting lawsuits by the companies, which argued the national security review they received was biased. The Biden White House disputed the charge.

The steel companies saw a new opportunity in the Trump administration, which began on January 20 and opened a fresh 45-day national security review into the proposed merger in April.

But Trump’s public comments, ranging from welcoming a simple “investment” in U.S. Steel by the Japanese firm to floating a minority stake for Nippon Steel, spurred confusion.

At a rally in Pennsylvania on May 30, Trump lauded an agreement between the companies and said Nippon Steel would make a “great partner” for U.S. Steel. But he later told reporters the deal still lacked his final approval, leaving unresolved whether he would allow Nippon Steel to take ownership.

Nippon Steel and the Trump administration asked a U.S. appeals court on June 5 for an eight-day extension of a pause in litigation to give them more time to reach a deal for the Japanese firm. The pause expires Friday, but could be extended.

June 18 is the expiration date of the current acquisition contract between Nippon Steel and U.S. Steel, but the firms could agree to postpone that date

This post appeared first on NBC NEWS