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House investigators’ plan to grill former FBI Director Robert Mueller has hit a snag. 

The House Oversight Committee was set to have Mueller appear before the panel on Tuesday as part of the House’s probe into Jeffrey Epstein. However, a source familiar with the investigation told Fox News Digital that lawmakers ‘learned that Mr. Mueller has health issues that preclude him from being able to testify.’ 

‘The committee intends to withdraw its subpoena,’ the source said. 

Mueller was one of many notable figures, including the Clintons, who House Oversight Committee Chair James Comer, R-Ky., subpoenaed to testify before the panel. 

He would have been the second witness appearing in-person before the House Oversight Committee after former Attorney General Bill Barr did so last month.

His closed-door deposition was expected to see at least some lawmakers on both sides attend, with the investigation so far seeing wide bipartisan support in an otherwise highly divided era for Congress.

Mueller was most recently in the headlines for his role as special counsel investigating whether Russia interfered in the 2016 election in favor of President Donald Trump.

That probe, which did not find Trump to have committed any wrongdoing, saw 34 people indicted and eight convictions or guilty pleas, including several people associated with the president.

House investigators were expected to dive into Mueller’s time as director of the FBI. He led the bureau under former Presidents George W. Bush and Barack Obama, from September 2001 until September 2013.

It was during that window that the federal government first investigated Epstein, something Comer pointed out in his letter subpoenaing Mueller.

‘When you were FBI Director, an FBI investigation of Mr. Epstein led to an Assistant U.S. Attorney in the Southern District of Florida preparing a draft 60-count indictment of Mr. Epstein in 2007,’ Comer wrote.

‘However, the next year, Mr. Epstein pled guilty in Florida state court to two prostitution offenses, and, in exchange, he and his co-conspirators received immunity from federal prosecution through a non-prosecution agreement.’

That non-prosecution agreement has been widely criticized and is now the basis for Epstein accomplice Ghislaine Maxwell to appeal her conviction and 20-year prison sentence before the Supreme Court.

It’s not clear how much of a role Mueller would have had in that agreement. Alexander Acosta, the former Trump labor secretary and U.S. attorney in Florida who signed off on the deal, is sitting down with the House Oversight Committee for a voluntary transcribed interview later this month.

Comer sent out a flurry of subpoenas last month in relation to the Epstein probe. 

Other figures also compelled to appear after Mueller are former FBI Director James Comey, former Attorney General Loretta Lynch and ex-first couple Bill and Hillary Clinton.

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A federal judge in Washington, D.C., on Friday grilled lawyers for the Justice Department and Lisa Cook over President Donald Trump’s historic attempt to fire her from the Federal Reserve.

The landmark case is almost certain to be kicked to the Supreme Court for review. Despite the high-stakes nature of the legal dispute, Friday’s hearing ended after more than two hours without clear resolution. 

U.S. District Judge Jia Cobb, a Biden appointee, declined to immediately grant the temporary restraining order sought by Lisa Cook’s attorneys, which would keep her in her role on the Fed’s Board of Governors for now. 

Cook’s lawyers included the request for the temporary restraining order in the lawsuit filed in federal court on Thursday, challenging Trump’s attempt to fire her from her position on the independent board due to allegations of mortgage fraud. 

Instead, Judge Cobb ordered both parties to submit any supplemental briefs to the court by Tuesday, shortly before she dismissed the lawyers for the long weekend.

Cobb noted the novelty of the case before her, which involves the first attempt by a sitting president to oust a Federal Reserve governor ‘for cause.’ 

The fraud allegations were first leveled by Bill Pulte, a Trump appointee to the federal agency that regulates Fannie Mae and Freddie Mac. He accused Cook of claiming two primary residences in two separate states in 2021, with the goal of obtaining more favorable loan conditions. 

Trump followed up by posting a letter on Truth Social earlier this week that he had determined ‘sufficient cause’ to fire Cook, a dismissal he said was ‘effective immediately,’ prompting her attorneys to file the emergency lawsuit.

The crux of Friday’s arguments centered on the definition of what ‘for cause’ provisions must entail for removal from the board under the Federal Reserve Act, or FRA, a law designed to shield members from the political whims of the commander in chief or members of Congress. 

The arguments also centered on Cook’s claims in her lawsuit that Trump’s attempt to fire her amounts to an illegal effort to remove her from the Fed well before her tenure is slated to end in January 2038 to install his own nominee. 

Lawyers for Cook argued that her firing was merely a ‘pretext’ for Trump to secure a majority on the Fed board, a contention that Cobb admitted made her ‘uncomfortable.’

They also attempted to poke holes in the mortgage fraud allegations, which they said were made on social media and ‘backfilled.’

The case ‘obviously raises important questions’ about the Federal Reserve Board, Cobb said shortly before adjourning court.

She also noted that she had not yet made a determination about the alleged ‘irreparable harm,’ prompting her to set the Tuesday filing deadline.

Cook’s attorneys argued Friday that Trump’s attempt to fire her violates her due process rights under the Fifth Amendment, as well as her statutory right to notice and a hearing under the Federal Reserve Act. 

Her lawyer, Abbe Lowell, noted on several occasions that there was no ‘investigation or charge’ from the administration prior to Trump’s abrupt announcement that he would fire Cook.  

Lowell also vehemently disputed the Justice Department’s allegations that Cook had an ‘opportunity’ to respond to the mortgage fraud accusations leveled by Bill Pulte, noting that they were made just 30 minutes before Trump called for Cook to be removed.  

He told Cobb that it was the latest attempt by the Trump administration to ‘litigate by tweet.’

Lawyers for the Trump administration, for their part, argued that the president has broad latitude to determine the ‘for cause’ provision.

Justice Department attorney Yakoov Roth told Cobb that the determination of when to invoke the provision should be left to the president, regardless of whether it is viewed by others as ‘pretextual.’

‘That sounds to me like the epitome of a discretionary determination, and that is when the president’s power is at [its] apex,’ Roth said.

DOJ lawyers also noted that Cook, to date, has not disputed any of the allegations in question and argued there is ‘nothing she has said’ about the allegations that would cause her to not be fired.

‘What if the stated cause is demonstrably false?’  Cobb asked, going on to cite hypothetical concerns that a president could, theoretically, use allegations to stack federal boards with majorities.

As for the issue of ‘irreparable harm,’ Justice Department attorneys argued that it would be more harmful for Cook to remain in office, arguing that the ‘harm of having someone in office who is wrongfully there … outweighs the harm of someone being wrongfully removed from office.’

Cook’s attorneys said Friday that in reviewing the lawsuit, the court need not itself establish a definition of what ’cause’ means under the Federal Reserve Act.

Instead, Lowell suggested, the court should instead work backwards to determine whether the accusations leveled by Pulte were in fact ‘backfilled’ by Trump to form the basis of her removal.  

‘It’s very difficult to come up with an 11-page definition of what it is,’ Lowell said Friday of the ’cause’ definition, adding that it is far easier to come up with a one-page definition of ‘what it’s not.’ 

‘Whatever it is, it’s not this,’ Lowell said.

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America First Legal (AFL) sued the Food and Drug Administration on Friday to obtain Biden-era records related to the government’s internal guidance for the recommended use of puberty blockers for kids.  

The Trump-aligned legal group previously uncovered communications from the former administration through a Freedom of Information Act (FOIA) request, which reportedly showed the FDA knew that these drugs increased mental health risk but still recommended approving them for kids.

Following those uncovered communications, AFL followed up with a separate FOIA requesting documents specifically pertaining to the FDA’s internal guidance for the off-label use of these drugs. Despite acknowledging the federal information request, the FDA has not cooperated, and the deadline to produce documents is up.

 

‘The Biden administration pushed gender-denying treatments on American kids. Now, it’s time to expose what officials really knew,’ AFL counsel Will Scolinos, said. 

Similar to AFL’s current FOIA request, the group was required to engage in litigation to compel the release of the first set of documents. 

But, eventually, documents were released that seemed to show the Biden-era Division of General Endocrinology at the FDA recommended the agency approve puberty blockers for children despite the knowledge that there were negative impacts associated with them, such as increased depression, suicidality and seizure risks.

‘There is definitely a need for these drugs to be approved for gender transition,’ an FDA official from the agency’s endocrinology division stated in an email uncovered by AFL. In the same communications, the FDA official also explicitly states that studies found ‘increased risk of depression and suicidality, as well as increased seizure risk.’

Such findings have been confirmed by other studies as well.

Researchers at the University of Texas sampled 107,583 patients 18 and older who had gender dysphoria, including some who underwent gender surgery, and concluded that ‘gender-sensitive mental health support … to address post-surgical psychological risks’ is a ‘necessity.’

 

Males who received surgery had depression rates of 25% compared to males without surgery, who had rates slightly below 12%. Anxiety rates among that group were 12.8% compared to 2.6%.

The same differences were seen among females as well. Those with surgery had 22.9% depression rates compared to 14.6% in the non-surgical group. Females who did get surgery also had a rate of anxiety of 10.5% compared to 7.1% for girls who had not gotten surgery.

Fox News Digital reached out to the FDA for comment but did not immediately receive a response. 

Fox News’ Melissa Rudy and Michael Dorgan contributed to this report

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Senate Majority Whip John Barrasso is ready to go nuclear on Senate Democrats and their blockade of President Donald Trump’s nominees.

Before leaving Washington, D.C., to their respective home states, Senate Republicans were on the verge of a deal with their colleagues across the aisle to hammer out a deal to ram through dozens of Trump’s picks for non-controversial positions.

But those talks fell apart when Trump nuked any further negotiations over funding demands from Senate Minority Leader Chuck Schumer, D-N.Y. Currently, there are 145 pending nominations on the Senate’s executive calendar, with that number expected to balloon when the upper chamber reopens for business.

Lawmakers are set to return on Tuesday, and Barrasso, R-Wyo., wants to immediately tackle the nomination quandary. He’s engaged in a public pressure campaign, writing an op-ed for the Wall Street Journal directly calling out Schumer.

Meanwhile, he’s facilitated talks among Senate Republicans on the best path forward, and told Fox News Digital in an interview that, at this point, he’s willing to do anything necessary to see the president’s picks confirmed.

‘We need to either get a lot of cooperation from the Democrats, or we’re going to have to roll over them with changes of the rules that we’re going to be able to do in a unilateral way, as well as President Trump making recess appointments,’ he said.

Senate Democrats, under Schumer’s direction, are unlikely to play ball, however.

Schumer, in response to Barrasso’s public jab against him and Senate Democrats, contended in a statement that ‘historically bad nominees deserve a historic level of scrutiny by Senate Democrats.’

‘Anybody nominated by President Trump is, in Schumer’s words, ‘historically bad.’ Why? Because they were nominated by President Trump,’ Barrasso shot back. ‘That is his sole criteria for which these people are being gone after and filibustered, each and every one of them, even those that are coming out of committee, many, many of whom are with bipartisan support.’

Unilaterally changing the rules, or the nuclear option, would allow Republicans to make tweaks to the confirmation process without help from Democrats, but it could also kneecap further negotiations on key items that would require their support to advance beyond the Senate filibuster.

Barrasso was not worried about taking that route, however, and noted that the nominees that he and other Republicans were specifically considering would be ‘sub-Cabinet level positions’ and ambassadors.

Up for discussion are changes to the debate time, what kind of nominee could qualify for a speedier process and whether to give the president runway to make recess appointments, which would require the Senate to go into recess and allow Trump to make appointments on a temporary basis.

‘When you take a look at this right now, it takes a 30-minute roll-call vote to get on cloture, and then two hours of debate time, and then another 30-minute roll-call vote,’ Barrasso said. ‘Well, that’s three hours, and it’s time when you can’t do legislation, you can’t do any of the other things.’

But there is a menu of key items that Congress will have to deal with when they return, particularly the deadline to fund the government by Sept. 30.

Barrasso acknowledged that reality, and noted that it was because of the hefty schedule that he wanted a rules change to be put front and center.

‘There’s not going to be any time to — or there’s going to be limited time, I should say, to actually get people through the nominations process, which is just going to drag on further, and you’ll have more people having hearings and coming out of committees,’ he said.  

‘This backlog is going to worsen this traffic jam at the Schumer toll booth. So, we are going to do something, because this cannot stand.’

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(TheNewswire)

Brossard (Québec), le 29 août 2025 TheNewswire – CORPORATION CHARBONE HYDROGÈNE (TSXV: CH,OTC:CHHYF OTCQB: CHHYF, FSE: K47 ) (« Charbone » ou la « Société »), une rare compagnie cotée en bourse spécialisée dans la production et la distribution d’hydrogène ultrapur vert en Amérique du Nord, annonce aujourd’hui ses résultats financiers et opérationnels pour les périodes de trois et six mois se terminant le 30 juin 2025.

La construction de l’usine de Sorel-Tracy a débuté. Hydro-Québec, le distributeur d’énergie provincial, a terminé l’interconnexion électrique et l’installation du mesurage, la Ville a raccordé le réseau d’aqueduc et les entrepreneurs ont commencé les travaux de génie civil, demeurant sur la bonne voie pour démarrer la production dès cet automne.

FAITS SAILLANTS T2 2025:

  • La perte nette a diminué de 39 % pour atteindre 444 542 $ au cours de la p ériode de 3 mois se terminant le 30 juin 2025, contre 729,425 $ en 2024 (activités toujours en resserrement des frais généraux et administratifs).

  • Première reconnaissance de revenus suite à l’avancement des activités de l’entente-cadre de collaboration visant à soutenir le déploiement d’un projet de développement d’hydrogène vert en Malaisie annoncé au deuxième trimestre 2025.

  • La Société a clôturé des unités pour le règlement de dettes de 1 273 702 $, des actions pour le règlement de dettes au management de 310 000 $ et des exercices de bons de souscription totalisant 575 022 $ (223 378 $ en T2 2024).

  • La Société a annoncé la signature d’une convention de financement pour une facilité de capital de construction pouvant atteindre 50 millions de dollars américains ; et

  • La Société a annoncé avoir signé une entente d’approvisionnement avec un producteur américain de gaz industriels de premier plan afin d’élargir son offre aux clients et de générer des revenus immédiats à partir d’une source diversifiée.

La gestion financière rigoureuse de Charbone et ses nouveaux partenariats stratégiques lui permettent de concrétiser sa vision : devenir un leader nord-américain des réseaux de distribution d’hydrogène vert et de gaz industriels. Ces avancées soulignent sa volonté de jouer un rôle moteur dans la transition énergétique.

La direction est motivée à continuer à travailler sur la structuration des transactions pour préserver la trésorerie , a déclaré Benoit Veilleux, Chef de la direction financière et secrétaire corporatif de Charbone. Charbone passe en mode exécution pour libérer son fort potentiel de croissance à court terme .


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À propos de Charbone Hydrogène Corporation

Charbone est une entreprise intégrée spécialisée dans l’hydrogène ultrapur (UHP) et la distribution stratégique de gaz industriels en Amérique du Nord et en Asie-Pacifique. Elle développe un réseau modulaire de production d’hydrogène vert tout en s’associant à des partenaires de l’industrie pour offrir de l’hélium et d’autres gaz spécialisés sans avoir à construire de nouvelles usines coûteuses. Cette stratégie disciplinée diversifie les revenus, réduit les risques et augmente sa flexibilité. Le groupe Charbone est coté en bourse en Amérique du Nord et en Europe sur la bourse de croissance TSX (TSXV: CH,OTC:CHHYF); sur les marchés OTC (OTCQB: CHHYF); et à la Bourse de Francfort (FSE: K47). Pour plus d’informations, visiter www.charbone.com .

Énoncés prospectifs

Le présent communiqué de presse contient des énoncés qui constituent de « l’information prospective » au sens des lois canadiennes sur les valeurs mobilières (« déclarations prospectives »). Ces déclarations prospectives sont souvent identifiées par des mots tels que « a l’intention », « anticipe », « s’attend à », « croit », « planifie », « probable », ou des mots similaires. Les déclarations prospectives reflètent les attentes, estimations ou projections respectives de la direction de Charbone concernant les résultats ou événements futurs, sur la base des opinions, hypothèses et estimations considérées comme raisonnables par la direction à la date à laquelle les déclarations sont faites. Bien que Charbone estime que les attentes exprimées dans les déclarations prospectives sont raisonnables, les déclarations prospectives comportent des risques et des incertitudes, et il ne faut pas se fier indûment aux déclarations prospectives, car des facteurs inconnus ou imprévisibles pourraient faire en sorte que les résultats réels soient sensiblement différents de ceux exprimés dans les déclarations prospectives. Des risques et des incertitudes liés aux activités de Charbone peuvent avoir une incidence sur les déclarations prospectives. Ces risques, incertitudes et hypothèses comprennent, sans s’y limiter, ceux décrits à la rubrique « Facteurs de risque » dans la déclaration de changement à l’inscription de la Société datée du 31 mars 2022, qui peut être consultée sur SEDAR à l’adresse www.sedar.com; ils pourraient faire en sorte que les événements ou les résultats réels diffèrent sensiblement de ceux prévus dans les déclarations prospectives.

Sauf si les lois sur les valeurs mobilières applicables l’exigent, Charbone ne s’engage pas à mettre à jour ni à réviser les déclarations prospectives.

Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’acceptent de responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.

Pour contacter Corporation Charbone Hydrogène :

Téléphone bureau: +1 450 678 7171

Courriel: ir@charbone.com

Benoit Veilleux

Chef de la direction financière et secrétaire corporatif

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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(TheNewswire)

Brossard, Quebec, August 29, 2025 – TheNewswire Charbone Hydrogen Corporation (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (the ‘Company’ or ‘CHARBONE’), North America’s only publicly traded pure-play company focused on ultra-pure green hydrogen production and distribution today announces its financial and operational results for the three and six-month periods ending June 30, 2025.

Construction of the Sorel-Tracy facility has started. Hydro-Québec, the provincial energy distributor, has completed the electrical interconnection and metering, the town has connected the water supply, and contractors have started civil construction works, remaining on track to start production this fall.

Q2 2025 HIGHLIGHTS:

  • Net loss decreased by 39% to $444,542 in the 3-months period ending June 30, 2025, down from $729,425 in Q2 2024 (activities still tightening general and administrative expenses).

  • First recognition of revenues following the advancement of activities from the Master Collaborative Agreement to support the deployment of a Malaysian green hydrogen project development announced in Q2 2025.

  • The Company has closed units for debt settlement of $1,273,702, shares for the management debt settlement of $310,000 and exercises of warrants totalling $575,022 ($223,378 in Q2 2024).

  • The Company announced the signing of a term sheet for a construction capital facility of up to US $50 million; and

Charbone’s disciplined financial management and new strategic partnerships position the company to achieve its vision of becoming a North American leader in green hydrogen and industrial gases distribution networks. These advancements underscore its commitment to being a game-changer in the energy transition.

Management is motivated to keep working on structuring deals to preserve cash,’ said Benoit Veilleux, Chief Financial Officer and Corporate Secretary of CHARBONE . ‘CHARBONE is moving into execution mode to unlock its strong growth potential in the short term .


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About Charbone Hydrogen Corporation

CHARBONE is an integrated company specialized in Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and the Asia-Pacific region. It is developing a modular network of green hydrogen production while partnering with industry players to supply helium and other specialty gases without the need to build costly new plants. This disciplined strategy diversifies revenue streams, reduces risks, and increases flexibility. The CHARBONE group is publicly listed in North America and Europe on the TSX Venture Exchange (TSXV: CH,OTC:CHHYF), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47). For more information, visit www.charbone.com .

Forward-Looking Statements

This news release contains statements that are ‘forward-looking information’ as defined under Canadian securities laws (‘forward-looking statements’). These forward-looking statements are often identified by words such as ‘intends’, ‘anticipates’, ‘expects’, ‘believes’, ‘plans’, ‘likely’, or similar words. The forward-looking statements reflect management’s expectations, estimates, or projections concerning future results or events, based on the opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unpredictable factors could cause actual results to be materially different from those reflected in the forward-looking statements. The forward-looking statements may be affected by risks and uncertainties in the business of Charbone. These risks, uncertainties and assumptions include, but are not limited to, those described under ‘Risk Factors’ in the Corporation’s Filing Statement dated March 31, 2022, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements.

Except as required under applicable securities legislation, Charbone undertakes no obligation to publicly update or revise forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release .

Contact Charbone Hydrogen Corporation

Telephone: +1 450 678 7171

Email: ir@charbone.com

Benoit Veilleux

CFO and Corporate Secretary

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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About Earthwise Minerals

Earthwise Minerals Corp. (CSE: WISE; FSE: 966) is a Canadian junior exploration company focused on advancing the Iron Range Gold Project in southeastern British Columbia near Creston, B.C. The Company holds an option to earn up to an 80% interest in the fully permitted project, which is road-accessible and situated within a prolific mineralized corridor. The property covers a 10 km x 32 km area along the Iron Range Fault System and hosts multiple high-grade gold showings and large-scale geophysical and geochemical anomalies.

For more information, visit www.earthwiseminerals.com.

EARTHWISE MINERALS CORP.,

ON BEHALF OF THE BOARD

‘Mark Luchinski’

Contact Information:

Mark Luchinski
Chief Executive Officer, Director
Telephone: (604) 506-6201
Email: luch@luchccorp.com

Forward Looking Statements

This news release includes statements that constitute ‘forward-looking information’ as defined under Canadian securities laws (‘forward-looking statements’) including, without limitation, statements respecting the Offering and the intended use of proceeds therefrom. Statements regarding future plans and objectives of the Company are forward looking statements that involve various degrees of risk. Forward-looking statements reflect management’s current views with respect to possible future events and conditions and, by their nature, are subject to known and unknown risks and uncertainties, both general and specific to the Company. Although the Company believes the expectations expressed in its forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance, and actual outcomes may differ materially from those in forward-looking statements. Additional information regarding the various risks and uncertainties facing the Company are described in greater detail in the ‘Risk Factors’ section of the Company’s annual management’s discussion and analysis and other continuous disclosure documents filed with the Canadian securities regulatory authorities which are available at www.sedarplus.ca. The Company undertakes no obligation to update forward-looking information except as required by applicable law. The reader is cautioned not to place undue reliance on forward-looking statements.

For more information, please contact Mark Luchinski, Chief Executive Officer and Director, at luch@luchccorp.com or (604) 506-6201.

Source

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Shares of Cameco (TSX:CCO,NYSE:CCJ) were on the rise after the uranium major announced it is reducing its annual production guidance due to expansion delays at the McArthur mine in Saskatchewan, Canada.

Instead of the projected 18 million pounds of U3O8 the company was aiming for from its McArthur River joint venture with Orano, the revised output tally reduces 2025’s production total to between 14 million and 15 million pounds.

In January, Cameco warned that delays at McArthur River — including slower-than-expected ground freezing, development setbacks and labor constraints — could affect its 2025 production outlook.

“We have determined that we are unable to fully mitigate the expected impact of the delayed development and slower than anticipated ground freezing in the first half of 2025,” Cameco’s statement notes.

Strong output from the Cigar Lake mine may help offset the McArthur River delays, the company said, adding that its diversified assets and risk management strategy position it to meet commitments and maintain long-term value.

In total, a strong performance at Cigar Lake could provide an additional 1 million pounds.

The uranium miner offered assurances that it will fulfill all delivery obligations with its customers.

“With favourable market prices for uranium today, we continue to have the option to buy in the spot market if it is advantageous for us to do so,” the company said, noting that it can source material through other means as well.

News of the shortfall sent shares of Cameco higher, with the company rising from C$105.91 on Thursday (August 28) to C$114 during after-trading hours. Values had pulled back to the C$105 range by midday on Friday (August 29).

Broader uranium market challenges

Cameco’s production cut is the second output reduction the sector has seen in as many weeks.

On August 22, Kazatomprom, Kazakhstan’s state-owned uranium producer, reported plans to lower output in 2026, saying that despite firm long-term prices, market conditions don’t support a return to full capacity.

In a corporate update, the company said its production will be about 10 percent lower compared to earlier targets, dropping from 32,777 metric tons of U3O8 to 29,697 metric tons. The reduction, equal to roughly 8 million pounds, or 5 percent of global supply, will largely stem from changes at its Budenovskoye joint venture.

After spiking to triple-digit levels unseen in more than a decade in early 2024, the spot price has been under pressure, falling as low as US$63.36 in March of this year. However, prices have steadily grown since then, reaching a second quarter high of US$79.01 on June 30 and currently holding at the US$75 mark. Kazatomprom notes that while the spot price remains volatile, the long-term uranium price has held steady at around US$80.

The company plans to exercise its option to operate within a 20 percent deviation of its 2026 subsoil use production levels, with formal guidance to come later. The sector major also also reported stable sulfuric acid supply for 2026, easing concerns after last year’s shortages forced a sharp output downgrade. However, its new acid plant won’t be ready until at least 2026, and higher mineral extraction taxes are expected to weigh on costs.

The updates came alongside half-year results showing that net profit was down 54 percent to 263.2 billion tenge (US$489.5 million), while revenue was off 6 percent at 660.2 billion tenge, largely on weaker sales volumes.

Despite lower near-term output, Kazatomprom said it remains committed to exploration in order to replenish its reserves and maintain its dominance as the world’s top uranium supplier.

Beyond market headwinds, the company highlighted Kazakhstan’s nuclear ambitions, with proposals for three domestic reactors that would require about 1.04 million pounds of uranium each year.

Uranium supply shortage unavoidable?

With tightening margins between uranium demand and global mine supply, these latest announcements are likely to impact market sentiment and could push prices higher.

Taking to X, formerly known as Twitter, Uranium Insider’s Justin Huhn posted an ominous message:

According to the World Nuclear Association, mine supply currently accounts for 90 percent of uranium demand, with the other 10 percent being fulfilled through secondary supply sources.

However, secondary supply is declining and mine supply has not grown to account for the discrepancy. This is likely to be further compounded by the addition of 70 new nuclear reactors that are currently in the construction phase.

Coupled with heightening energy demands from the artificial intelligence sector, analysts at FocusEconomics are projecting a higher spot price environment moving forward.

“The Consensus among our panelists is for uranium prices to remain well above the levels that prevailed in the 2010s for the rest of this decade, with prices forecast to hover between US$65 and US$80 per pound,” the firm wrote in an email. “That said, panelists don’t see a return to the highs of 2024, a period when the spot price likely got ahead of underlying market fundamentals due to investor exuberance.”

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

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Here’s a quick recap of the crypto landscape for Friday (August 29) as of 12 noon (UTC).

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

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$108,747, a 3.3 percent decrease in 24 hours. Its lowest valuation of the day was US$108,198 and its highest price on Friday was US$112,652.

Bitcoin price performance, August 29, 2025.

Chart via TradingView

Bitcoin’s slip below the US$110,000 threshold stoked fears of a broader crypto market correction on Friday as liquidations doubled, the Federal Reserve’s preferred inflation gauge showed persistent price pressures, and Bitcoin flashed a potential risk pattern. Analysts warned the token could be edging toward bear market territory.

Adding to volatility, a long-dormant Bitcoin whale that resurfaced this month—after buying US$2.5 billion in Ethereum—shifted another US$1.1 billion on Friday.

Ether (ETH) was priced at US$4,335.28, down by 3.2 percent over the past 24 hours. Its highest was US$4,511.09 and its lowest was US$4,279.96.

Altcoin price update

  • Solana (SOL) was priced at US$204.82, down by 2.4 percent. Its lowest valuation on Friday was US$203.74, and its highest valuation was US$217.66.
  • XRP was trading for US$2.94, down by 4.4 percent in the past 24 hours, and at its lowest valuation of the day. Its highest valuation on Wednesday was US$2.98.
  • SUI (Sui) was trading for US$3.30, down by 4.3 percent in the past 24 hours. Its lowest valuation of the day was US$3.29, and its highest level of the day was US$3.50.
  • Cardano (ADA) was priced at US$0.8201, down by 3.8 percent. Its lowest valuation for Friday was US$0.817, and its highest valuation was US$0.8618.

Today’s crypto news to know

Stablecoins cross US$283 billion threshold record

The stablecoin market reached a new milestone on Friday as total supply climbing to $282.8 billion, according to data from DefiLlama.

That marks a 128 percent increase since January, driven by stronger demand for dollar-pegged tokens and fresh regulatory clarity in the US.

The surge also follows passage of the Genius Act, which sets out federal guidelines for stablecoin issuers and has been billed as a growth catalyst within the sector.

Analysts say stablecoins now serve as a “distribution channel” for US dollars, powering cross-border payments and on-chain settlement systems.

Eric Trump hails US–China leadership in Bitcoin

Speaking at the BTC Asia conference in Hong Kong, Eric Trump praised China’s influence on the digital asset industry and said the US and Beijing were “leading the way” in shaping Bitcoin’s future.

He credited the Middle East as another fast-moving hub for crypto adoption, while stressing Bitcoin’s ability to unite people across borders and cultures.

The younger Trump also added that his father’s administration had accelerated digital asset policy faster in seven months than the prior decade managed. He described America as “winning the digital revolution” with support from Wall Street institutions, sovereign wealth funds, and retirement investors.

Asked whether Bitcoin would be on the agenda in an upcoming US–China trade meeting, he suggested broader topics would dominate but said he “would certainly love to talk about bitcoin.”

Trump-Linked miner American Bitcoin targets September Nasdaq listing

American Bitcoin, a mining company backed by Eric Trump and Donald Trump Jr., is preparing to list on Nasdaq in September following its merger with Gryphon Digital Mining, Reuters reported.

The firm is majority-owned by Hut 8, which controls 80 percent of the business, while the Trump brothers are expected to collectively hold about 19 percent. The company has already raised $220 million to expand its operations and accumulate Bitcoin, adding 215 BTC to its balance sheet as of June.

With Bitcoin trading near US$112,000 this week, that stash is valued at roughly US$24 million.

CEO Asher Genoot said American Bitcoin aims to become one of the largest US mining firms, with backing from high-profile investors including Gemini founders Tyler and Cameron Winklevoss.

Hut 8’s own stock has rallied 29 percent this year. If listed today, American Bitcoin would rank among the top 30 public companies holding Bitcoin in the US.

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

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

This post appeared first on investingnews.com

The gold price was on the rise this week, breaking through US$3,400 per ounce once again.

It’s been pushed higher by US dollar weakness, as well as Federal Reserve turmoil.

President Donald Trump has been pressuring Fed Chair Jerome Powell to cut interest rates for months, and on Monday (August 25) the situation developed further when Trump posted a letter on his social media platform Truth Social. In it, he said he was removing Lisa Cook from her position on the central bank’s board of governors due to allegations of mortgage fraud.

Cook, who has been voting to hold rates steady, was due to serve until 2038; she has now filed a lawsuit asking for Trump’s order to be declared ‘unlawful and void.’

The move has spurred questions about whether Trump can actually fire her — while the Federal Reserve Act doesn’t allow him to remove Fed officials at will, he can do so ‘for cause.’

For its part, the Fed has said it will abide by any court decision.

The situation is still developing, and gold market watchers are keeping a close eye on how it plays out. The yellow metal tends to fare better when interest rates are low, and some experts believe that a rate cut from the Fed could kick off its next move higher

The Fed’s next meeting is scheduled to run from September 16 to 17. Expectations are high that it will cut rates at that time, even though the latest data shows that its preferred measure of inflation, the personal consumption expenditures (PCE) price index, was up 2.6 percent year-on-year in July.

Core PCE, which excludes food and energy, saw a rise of 2.9 percent.

Bullet briefing — US drafts new critical minerals list, uranium miners make cuts

US drafts new critical minerals list

The US Department of the Interior has released a new draft critical minerals list, and the recommended additions include silver, as well as potash, silicon, copper, rhenium and lead.

Silver’s potential inclusion is turning heads in the mining community as market participants assess the potential impact for the metal. The critical minerals list is designed to guide federal strategy, investment and permitting deals as the US works to lock down supply of key commodities, meaning that silver-focused companies could see benefits such as tax breaks and faster timelines.

In total, the draft list has 54 minerals, with 50 included based on results from an economic effects assessment. Three were selected on the back of a qualitative evaluation, and zirconium is there because of the potential for a single point of failure in the US supply chain.

The list was set up after a 2017 executive order from Trump and is updated every three years.

It’s worth noting that silver and the other recommended additions aren’t officially critical minerals yet — the draft critical minerals list was posted for public comment on Tuesday (August 26), and feedback will be accepted for 30 days. It’s also worth noting that two commodities may be stripped of their critical mineral status — arsenic and tellurium have been recommended for removal.

Critical minerals lists vary from country to country based on individual needs, although in many cases they have similarities. In January 2024, a group of silver industry participants, including many major miners, sent a letter to Canada’s energy and natural resources minister proposing that silver be included in the nation’s critical minerals list; to date, it has not been added.

Uranium miners cut production guidance

Sweden’s government has proposed the removal of the country’s ban on uranium mining as it looks to reduce its reliance on imports of the energy fuel.

Uranium mining has been banned in Sweden since 2018, but the country has six operating reactors and generates around one-third of its power from nuclear energy.

The ban is set to be removed on January 1, 2026, and comes as nations increasingly look to nuclear power to fill their energy needs. It also comes amid supply questions — although demand is rising and prices are out of a years-long slump, miners have been slow to ramp back up post-Fukushima.

Just last week, Kazatomprom said it was lowering its 2026 production target compared to earlier estimates, cutting about 8 million pounds. Although the company sees stability in long-term uranium prices and strong sector fundamentals, it isn’t prepared to return to 100 percent levels.

Cameco (TSX:CCO,NYSE:CCJ) made a similar statement this week, saying its 2025 output will be impacted by delays in transitioning the Saskatchewan-based McArthur River mine to new mining areas. Production will be 4 million to 5 million pounds lower, although there is a chance for Cigar Lake to partially offset that loss.

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

This post appeared first on investingnews.com