Author

admin

Browsing

: President Donald Trump is considering lifting sanctions on and resuming the sale of fighter jets to Turkey after a conversation with President Recep Tayyip Erdogan. 

Trump expressed an intent to help finalize the sale of F-16 fighter jets to Turkey and is open to the idea of selling Turkey its true prized goal, F-35 jets, if the two sides can come to an agreement that renders Turkey’s Russian S-400 system inoperable, two sources confirmed to Fox News Digital. 

That agreement could look like partially disassembling the machinery or moving it to a U.S.-controlled base in Turkey. 

Congress approved the $23 billion sale of 40 F-16s and modernization kits for 79 in its current fleet to Turkey last year, but there are ongoing negotiations between Turkey’s defense ministry and Lockheed Martin, which builds the jet. 

Trump’s team has asked for legal and technical analysis of how it could avoid finding Turkey in violation of Countering America’s Adversaries Through Sanctions Act (CAATSA) sanctions, according to one source familiar with the request. 

The State Department and National Security Council could not be reached for comment. 

The U.S. agreed to extend a waiver allowing Turkey to buy Russian natural gas until May, Bloomberg reported on Thursday. 

Trump and Erdogan spoke by phone on Sunday, and the Turkish government is looking to firm up plans to bring Erdogan to the U.S. to visit with Trump in the near future. 

The Turkish embassy pointed to a readout of the call from Erdogan’s office which said the president had expressed to Trump, ‘in order to develop cooperation between the two countries in the field of defense industry, it is necessary to end CAATSA sanctions, finalize the F-16 procurement process and finalize Türkiye’s re-participation in the F-35 program.’

Erdogan asked the U.S. to lift sanctions on Syria, where a new governing force, HTS, overthrew Bashar al-Assad with Turkish backing. The U.S. side did not provide a readout of the call. 

Turkey was kicked out of the F-35 program following its purchase of a Russian S-400 mobile missile-to-air system due to spying concerns associated with having a Kremlin-operated system so close to a high-level U.S. technology like the F-35.

‘The F-35 cannot coexist with a Russian intelligence collection platform that will be used to learn about its advanced capabilities,’ the White House said in 2019, adding that the purchase would have ‘detrimental impacts’ on Turkey’s participation in NATO. 

Ankara, Turkey’s capital, had brokered the $2.5 billion deal with Russia for the S400s in 2017, despite U.S. warnings that there would be political and economic consequences. In an effort to deter Turkey, the U.S. offered to sell them the Patriot system, but Ankara wanted the system’s sensitive missile technology along with it, and the U.S. declined. 

The U.S. considerations come after the United Kingdom offered a price proposal to Turkey to purchase 40 of its Eurofighter Typhoon fighter jets last week. 

A move to sell Turkey F-35s would prove controversial, and prompt concern from U.S. allies like Israel, where Turkey cut off all relations due to the Gaza war last year, and Greece due to disputes over Cyprus and the surrounding waters.

Experts describe the F-35 as a ‘status symbol.’ ‘The F-35 club is really for trusted allies,’ said Jonathan Schanzer, executive director at the Foundation for Defense of Democracies. 

‘This is a Turkey that supports the Houthis, which President Trump is bombing and supports Hamas and supports Hezbollah,’ said Endy Zemenides, executive director of the Hellenic American Leadership Council. ‘We know that they don’t want to be a customer, they want to be a competitor in the arms market.’ 

However, isolating Turkey, which has the second-largest standing military after the U.S. in NATO, could push them to go to Russia and China for weapons supplies. 

‘Trump’s about making a business deal here, right? We don’t need Turkey with nearly one million soldiers on the other side and leaning more towards Russia and China, right?’ said Jonathan Bass, Argent LNG CEO and international trade expert.

‘Turkey is an unresolved thorn in the side of the NATO alliance,’ said Schanzer, ‘It certainly seems to be a priority right now for the Trump administration to try to bring them back into the fold.’

However, he added, ‘There’s the democracy deficit and the autocratic tendencies of Erdogan. All of these things are creating a very cloudy picture for U.S. engagement. So it’s buyer beware.’ 

‘Turkey is a major economy. We need them to come down on the right side of the fence. We need them from a supply chain standpoint,’ countered Bass. 

He added that the U.S. needs to partner with Turkey on mining for rare earths minerals. ‘Turkey has a lot more mining infrastructure,’ he said. ‘They can help us with mining operations in Africa. We don’t have the people willing to do that.’

‘If you don’t give Erdogan a seat at the table, he’s going to make his own table,’ Bass warned. 

‘He wants to be respected as he should. He’s got 80 million people that he represents. But we need to give him clear lines of engagement.’ 

This post appeared first on FOX NEWS

President Donald Trump said former Vice President Kamala Harris’ running mate, Minnesota Gov. Tim Walz, contributed to the Democrats’ loss in the 2024 election. 

Trump’s comments came in response to statements Walz provided in a podcast with California Gov. Gavin Newsom that aired on Tuesday, in which Walz predicted he could kick the ‘a–‘ of most Trump supporters. 

‘Well, he’s a loser. Yeah. No, I think so. He lost an election,’ Trump said Friday in the Oval Office of the White House. ‘He played a part. You know, usually a vice president doesn’t play a part. They say. I think Tim played a part. I think he was so bad that he hurt her. But she hurt herself. And Joe hurt them both. They didn’t have a great group, but I would probably put him at the bottom of the group.’ 

A spokesperson for Walz did not immediately respond to a request for comment from Fox News Digital. 

 

Walz’s comments originated during a discussion with Newsom about toxic masculinity. While Newsom discussed why he has brought on conservative figures like Charlie Kirk on his podcast because he believes one shouldn’t write someone off for having different views, Walz questioned how to challenge Trump backers. 

‘How do you fight it? I think I could kick most of their a–. I do think that,’ Walz said in response. ‘But I don’t know if we’re going to fall into that place where we want to— okay, we challenge you to a WWE fight here type thing.’

Walz also told Newsom he believes ‘I scare them a little bit’ and that he’s received scrutiny from Republicans, prompting Newsom to laugh. 

‘No, I’m serious, because they know I can fix a truck, they know I’m not bulls—-ing on this,’ Walz said. 

 

Meanwhile, Walz received some criticism for his comments on the podcast. 

Caitlyn Jenner, a trans woman formerly known as Bruce Jenner and former Olympic gold-medal decathlete, joked in an X post of being more ‘masculine’ than Walz. 

Vice President JD Vance also addressed Walz’ comments in an interview with The Daily Caller’s Vince Coglianese that aired Thursday. 

‘I have to say, Vince, I was never physically intimidated by Tim Walz,’ Vance said. 

Vance also addressed speculation that Walz may attempt to run for the U.S. Senate, following his bid as Harris’ running mate in the 2024 election.

‘I’m not too worried about Tim Walz as a political talent,’ Vance said. 

This post appeared first on FOX NEWS

President Donald Trump called the U.S.-Canada border an ‘artificial line’ while also declining to say whether Canada would lean right or left if it were to become a state. 

Trump’s Friday comments were made during a press conference in the Oval Office amid controversy over the president speaking of Canada as the ’51st state.’

Fox News’ Peter Doocy asked the president whether he would be ‘concerned’ about whether Canada ‘would be a very, very blue state.’

‘It’s just an artificial line that was drawn in the sand or in the ice,’ Trump said. ‘You add that to this country – what a beautiful landmass. The most beautiful landmass anywhere in the world. And it was just cut off for whatever reason.’

‘It would be great,’ he continued. 

Trump circumvented the question, saying, ‘I don’t care who winds up there.’

‘Frankly, [it] probably would do better with the liberal than the conservative, if you want to know the truth,’ he responded. 

Trump referenced former Canadian Prime Minister Justin Trudeau during the exchange, whom he has notably called ‘Governor Trudeau.’

Trudeau resigned as leader of the Liberal Party and the country’s prime minister in early January, following increased pressure and criticism from within his own party and threats levied by then-President-Elect Trump. 

Former Bank of Canada governor Mark Carney won the Liberal leadership earlier this month, replacing Trudeau. 

‘I think Canada is a place like a lot of other places – if you have a good candidate, the candidate’s going to win,’ Trump said. 

Canadian MP Charlie Angus recently claimed the Trump administration had committed an ‘act of war’ over Trump repeatedly referring to Canada as the U.S.’ ’51st state’ and for leveling tariffs on the nation. 

‘Well, I think Marco Rubio probably needs to be sent back to school, because when you say that someone doesn’t have a right to have a country, that’s an act of war. When you rip up, arbitrarily, trade agreements and threaten and say you’re going to break a country, that’s an act of war. And Canadians have responded in kind,’ Angus said during an interview earlier this week with the MeidasTouch Network.

Trump leveled a 25% tariff on all imports of steel and aluminum from other nations in early March, while Canada specifically is set to face a 25% tax on all imported goods beginning April 2. The tariffs have sparked boycotts of U.S. goods. 

Fox News Digital’s Emma Colton contributed to this report. 

This post appeared first on FOX NEWS

Sen. Kirsten Gillibrand, D-N.Y., said SpaceX and Tesla CEO Elon Musk has ‘no business’ conducting affairs at the Pentagon, amid reports Musk would receive secret information from top military officials Friday about military contingency plans should a war break out with China.  

While The New York Times reported that Musk was set to receive military plans about any potential China conflict, the Pentagon and White House pushed back and said Musk’s briefing wouldn’t cover China. 

‘Elon Musk is an unelected, self-interested billionaire with no business anywhere near the Pentagon,’ Gillibrand said in an X post Friday morning with a photo of the Times story, just after Musk arrived at the Pentagon. Gillibrand is a member of the Senate Armed Services Committee. 

The possibility of Musk receiving information on China raises a possible conflict of interest, given the fact that Musk has financial interests in China stemming from Tesla, and SpaceX is working with the U.S. federal government on military space capabilities. 

However, the Trump administration swiftly pushed back on the Times’ reporting, and Trump issued a post on social media discrediting the story as ‘completely untrue.’

‘They said, incorrectly, that Elon Musk is going to the Pentagon tomorrow to be briefed on any potential ‘war with China.’ How ridiculous?’ China will not even be mentioned or discussed,’ President Donald Trump said in a Thursday night Truth Social post. 

A former Obama administration official also sounded the alarm about Musk’s visit to the Pentagon. 

Xochitl Hinojosa, who previously served as a spokesperson for former Attorney General Eric Holder and communications director for the Democratic National Committee, said that career officials must have disclosed the information about the meeting to the press because they were concerned about what would be shared with Musk. 

‘What is happening here, and everyone needs to be scared, is Pentagon officials are sounding the alarm,’ Hinojosa said in an interview with CNN Thursday night. ‘This doesn’t just happen on its own. This has happened because career officials in the Pentagon are terrified. And they believe there is a conflict of interest. That is why it is in the New York Times. Because I am sure they took it to the senior most people within the White House and within the Pentagon and they didn’t do anything about it.’

Hinojosa said that during her time at the Justice Department, career officials would sound the alarm if they became aware of any unethical behavior at the agency. 

‘That is exactly what is happening here,’ Hinojosa said. 

Hinojosa could not be reached for comment by Fox News Digital. 

The New York Times published a story Thursday evening claiming that Musk’s visit to the Pentagon would involve discussing plans in the event of a potential war with China. Specifically, the Times reported that the briefing involved a presentation with 20 to 30 slides on how the U.S. would combat China, various Chinese targets to strike and how the Pentagon would share these plans with Trump. 

The Times also reported the meeting would occur in the so-called Tank, a secure conference room that the Joint Chiefs utilize for meetings, along with other senior staff and visiting combatant commanders. 

Meanwhile, the Times report also noted that Musk may have needed to know information about plans for China as he eyes cutting the Pentagon’s budget amid his efforts leading the Department of Government Efficiency (DOGE). 

Pentagon war plans are highly confidential for operational security purposes. Should details regarding the U.S. military’s strategy to combat an enemy be shared or leaked in any way, it would jeopardize U.S. forces and undermine the success of the military campaign.

Hegseth also weighed in on the matter, and said the meeting with Musk would primarily center around innovation. 

‘But the fake news delivers again — this is NOT a meeting about ‘top secret China war plans.’ It’s an informal meeting about innovation, efficiencies & smarter production. Gonna be great!’ Hegseth said in a post on X late Thursday evening. 

In response to Hegseth’s post, Musk responded: ‘Exactly. Also, I’ve been to the Pentagon many times over many years. Not my first time in the building.’ 

Musk also said in a separate post he looks ‘forward to the prosecutions of those at the Pentagon who are leaking maliciously false information to NYT. 

‘They will be found,’ he said. 

The White House didn’t immediately respond to a request for comment. 

This post appeared first on FOX NEWS

President Donald Trump said he’s not interested in showing ‘anybody’ plans for how the U.S. would navigate a conflict with China after a New York Times report that SpaceX and Tesla CEO Elon Musk’s meeting at the Pentagon Friday included details about contingency plans for any war with Beijing. 

Trump told reporters Friday that Musk met with Pentagon officials to discuss initiatives relating to the Department of Government Efficiency (DOGE) that Musk is spearheading. 

‘We don’t want to have a potential war with China,’ Trump said at the Oval Office Friday. ‘But I can tell you if we did, we’re very well-equipped to handle it. But I don’t want to show that to anybody. But, certainly, you wouldn’t show it to a businessman who is helping us so much. He’s a great patriot. He’s taken a big price for helping us cut costs, and he’s doing a great job.’

Musk and China could be a conflict of interest, given Tesla’s business dealings with China and SpaceX’s relationship with the Pentagon on military space capabilities. And an adversary like China learning details about the U.S. military’s war plans could put national security at risk and undermine U.S. forces. 

But Secretary of Defense Pete Hegseth said Musk’s meeting at the Pentagon centered around DOGE, innovation and other ways to advance efficiency, not China. 

‘There was no war plans. There was no Chinese war plans,’ Hegseth said at the White House Friday. ‘There was no secret plans. That’s not what we were doing at the Pentagon.’ 

Hegseth also announced plans Thursday to cancel more than $580 million in Department of Defense contracts, following recommendations from DOGE. 

The New York Times reported Thursday evening that Musk’s Pentagon briefing would involve a presentation with 20–30 slides on how the U.S. would combat China, various Chinese targets to strike and how the Pentagon would share these plans with Trump. 

The Times also reported the meeting would take place in the so-called Tank, a secure conference room reserved for the joint chiefs, senior staff and visiting combatant commanders. 

The Times report said details on China could have been shared with Musk amid his efforts leading DOGE and possible cuts to the Department of Defense. 

The White House referred Fox News Digital to Trump’s remarks when asked for comment about the nature of Musk’s briefing. 

Trump and Hegseth pushed back on the report Thursday, with Trump describing the report as ‘completely untrue.’ Hegseth also said in a post on X the meeting with Musk would primarily touch on innovation. 

In response to Hegseth’s post, Musk responded, ‘Exactly. Also, I’ve been to the Pentagon many times over many years. Not my first time in the building.’ 

Musk also said in a separate post he looks ‘forward to the prosecutions of those at the Pentagon who are leaking maliciously false information to NYT.’  

‘They will be found,’ he said. 

This post appeared first on FOX NEWS

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) (‘LaFleur Minerals’ or the ‘Company’) is pleased to provide the following corporate updates.

BEACON GOLD MILL RESTART AND SWANSON GOLD PROJECT UPDATES

The Beacon Mill is a fully refurbished and permitted gold mill situated in Val-d’Or, Québec, on the mineral-rich Abitibi Greenstone Belt, where LaFleur Minerals is laser focused on restarting gold production using large bulk samples and mineralized material from nearby gold deposits. With the price of gold in excess of USD$3,000 per ounce, many nearby deposits can be quickly monetized using the Company’s 100%-owned Beacon Mill. The mill’s operating capacity exceeds 750 tons per day and is strategically located in a highly prospective mining region for gold exploration and development, within an area that is host to over 100 historical and currently operating mines. The advancement of operations at the Beacon Mill has transformational qualities for the Company, evolving it from explorer to a near term gold producer in a Tier 1 jurisdiction with significant upside potential.

Figure 1: Photo of interior of Beacon Mill currently undergoing detailed inspections for restart

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6526/245435_44764ad25410f882_001full.jpg

Figure 2: Photo of exterior of Beacon Mill in Val-d’Or, Québec

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6526/245435_44764ad25410f882_002full.jpg

Equipment inspections, parts inventory, and maintenance work continues on a full-time basis at the Company’s Beacon Gold Mill as part of its restart program (Figure 1 and Figure 2). A final plan and budget to restart the mill will be completed by ABF Mines by late April once final inspections are complete. The Company has also engaged an environmental services company based in Val-d’Or, Québec to complete a federal government requirement to assess and monitor the environmental effects on the tailings and finishing ponds at the Beacon tailings storage facility (‘TSF‘). In addition, the Company will be engaging an engineering firm to complete a geotechnical assessment/inspection of the TSF and complete any required repairs or upgrades prior to commencing production at the mill. The Company remains committed to restart production at the Beacon Mill to process bulk samples and/or for custom milling purposes prior to the end of 2025, or once all required restart work has been completed and final approvals have been received by the Québec government.

SWANSON GOLD PROJECT UPDATES

The Swanson Gold Project holds a large position in an attractive mining jurisdiction, extending over 16,000 hectares in size and includes several prospects rich in gold and critical metals, previously held by Monarch Mining, Abcourt Mines, and Globex Mining. The consolidated Swanson Gold Project covers a major structural break that hosts the Swanson, Bartec, and Jolin gold targets along with numerous other significant gold showings. The Swanson Gold Project is easily accessible by road with a rail line running through the property, allowing direct access to the Beacon Gold Mill, further enhancing its development potential. The Swanson Gold Project has had in excess of 36,000 metres of historical drilling, which underscores the advanced exploration and development potential of the project, which includes several favourable gold bearing regional structures and deformation corridors extending across the property. Since acquiring the Swanson deposit and consolidating the large claims package, the Company has deployed in excess of $1 million in flow-through funds, completed detailed soil geochemistry and prospecting across several gold targets, completed a very-high resolution airborne magnetic and VLF-EM geophysical survey, and is currently in the process of completing a ground IP survey over the Swanson, Jolin, and Bartec gold deposits. All of this work has allowed the Company to refine priority drill-ready targets and help derisk the upcoming diamond drilling program. Several new promising gold targets have been identified from the recent surface exploration and geophysics programs, highlighting the potential for mineral resource growth and new discoveries at Swanson.

The Company has submitted an application for a diamond drilling permit to the Québec government for the Swanson Gold Project and will be sending Requests for Quotes (RFQ) to local drilling contractors, with drilling expected to commence in the spring at the Swanson, Bartec, Jolin and other recently delineated gold targets.

RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING

LaFleur Minerals also announces the results of its Annual General and Special Meeting (‘AGSM‘) held on March 7, 2025. All matters presented at the AGSM were approved by shareholders including: (1) the Company’s 10% Rolling Share Option Plan for continuation for a further three years, (2) the Company’s 20% Restricted Share Unit Plan for continuation for a further three years, and (3) the Company’s acquisition of an exclusive option to acquire 100% interest in and to certain mining claims and a mining lease located in the Province of Québec, pursuant to the terms and conditions of an option agreement entered into between the Company and BullRun Capital Inc. dated September 17, 2024 (refer to the Company’s news release dated September 24, 2024).

EXERCISE OF WARRANTS

Additionally, the Company also announces that it has received total gross proceeds of $816,750 from the exercise of 7,425,000 warrants (the ‘Warrants‘). The Warrants were issued in relation to a private placement completed in March 2023 and had an expiry date of March 14, 2025, which were exercised in full.

QUALIFIED PERSON STATEMENT

All scientific and technical information in this news release has been prepared and approved by Louis Martin, P.Geo., Technical Advisor to the Company and considered a Qualified Person for the purposes of NI 43-101.

About LaFleur Minerals Inc.

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d’Or, Québec. Our mission is to advance mining projects with a laser focus on our resource-stage Swanson Gold Project and the Beacon Gold Mill and Property, which have significant potential to deliver long-term value. The Swanson Gold Project is over 16,000 hectares (160 km2) in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. LaFleur has recently consolidated a large land package along a major structural break that hosts the Swanson, Bartec, and Jolin gold deposits and several other showings which make up the Swanson Gold Project. The Swanson Gold Project is easily accessible by road with a rail line running through the property allowing direct access to several nearby gold mills, further enhancing its development potential. Lafleur Minerals’ fully-refurbished and permitted Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material at Swanson and for custom milling operations for other nearby gold projects.

ON BEHALF OF LAFLEUR MINERALS INC.

Paul Ténière, P.Geo.
Chief Executive Officer
E: info@lafleurminerals.com

LaFleur Minerals Inc.
1500-1055 West Georgia Street
Vancouver, BC V6E 4N7

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Statement Regarding ‘Forward-Looking’ Information

This news release includes certain statements that may be deemed ‘forward-looking statements.’ All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur. Forward-looking statements in this news release include, without limitation, statements related to the use of proceeds from the Offering. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/245435

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Friday (March 21) as of 9:00 a.m. UTC.

Bitcoin and Ethereum price update

Bitcoin (BTC) is currently trading at US$84,430.50, a 1.6 percent decrease over the past 24 hours. The day’s trading range has seen a low of US$83,711.74 and a high of US$86,375.76.

Bitcoin performance March 21, 2025.

Chart via TradingView

Bitcoin found some support after Fed Chair Jerome Powell signaled steady interest rates, while reports of Kraken’s potential NinjaTrader acquisition also boosted sentiment. However, the looming expiration of 22,000 Bitcoin options contracts could add volatility to the crypto’s performance.

Ethereum (ETH) is priced at US$1,991.10, marking a 1.1 percent decrease over the same period. The cryptocurrency reached an intraday low of US$1,952.20 and a high of US$2,005.82.

Altcoin price update

  • Solana (SOL) is currently valued at US$128.25, down 3.2 percent over the past 24 hours. SOL experienced a low of US$125.93 and a high of US$131.80 on Friday.
  • XRP is trading at US$2.44, reflecting a 4.02 percent decrease over the past 24 hours. The cryptocurrency recorded an intraday low of US$2.38 and a high of US$2.52.
  • Sui (SUI) is priced at US$2.35, showing a 7.3 percent decrease over the past 24 hours. It achieved a daily low of US$2.24 and a low of US$2.48.
  • Cardano (ADA) is trading at US$0.73, reflecting a 2.5 percent decrease over the past 24 hours. Its lowest price on Friday was US$0.7017, with a high of US$0.7509.

Crypto news to know

Trump administration eyes blockchain for foreign aid in USAID overhaul

The Trump administration is planning a major restructuring of the United States Agency for International Development (USAID), renaming it as the US International Humanitarian Assistance (IHA) and bringing it under the direct control of the State Department.

According to a leaked memo, first reported by Politico and reviewed by WIRED, the new agency will integrate blockchain technology into its procurement and aid distribution processes, with the goal of increasing security, transparency, and efficiency.

The memo suggests that blockchain would be used to track all distributions and tie payments to measurable outcomes rather than upfront funding. However, critics argue that blockchain offers no substantial advantage over existing financial tools, with some calling it an unnecessary technological solution for a problem that does not exist.

The move is seen as part of the administration’s broader push to centralize control over foreign aid, with billionaire Elon Musk’s Department of Government Efficiency (DOGE) playing a key role in dismantling and restructuring USAID.

Japan’s biggest corporate Bitcoin holder adds Eric Trump as advisor

Japan-based Bitcoin treasury firm Metaplanet has appointed Eric Trump to its newly established Strategic Board of Advisors as part of its ongoing efforts to expand its crypto holdings and global influence.

The company, which currently holds over 3,200 BTC, recently purchased an additional 150 BTC for approximately $12.5 million, reinforcing its aggressive Bitcoin accumulation strategy.

According to a company press release, Trump’s appointment aligns with Metaplanet’s vision of becoming one of the world’s leading Bitcoin treasury firms, leveraging his business experience and growing influence within the crypto community.

Eric Trump has become an increasingly vocal proponent of Bitcoin and Ethereum, particularly after his involvement with World Liberty Financial, a crypto venture tied to the Trump family.

Binance trials ‘Vote to Delist,’ letting users decide token removals

In an effort to make token listings and delistings more democratic, Binance has introduced a new ‘Vote to Delist’ program, allowing verified users to participate in deciding which tokens should be removed from the exchange.

The initiative comes in response to mounting criticism over Binance’s listing of speculative and low-quality tokens, particularly in the wake of the recent memecoin boom, which saw several newly listed tokens lose over 85% of their peak value.

Under the new system, Binance users will be able to vote on an initial batch of tokens nominated for delisting through the Binance Square Official platform. Each verified user can cast up to five votes, provided they hold at least 0.01 BNB in their accounts.

While community feedback will play a significant role in the process, Binance has made it clear that the final delisting decisions will still be subject to an internal review, taking into account factors such as liquidity, trading volume, development activity, and security risks.

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

CMC Metals Ltd. (TSX-V: CMB) (Frankfurt:ZM5P) (‘CMC’ or the ‘Company’) CMC Metals Ltd. announces the consolidation of its common shares on the basis of a ten (10) pre-consolidation shares for one (1) new post-consolidation share (the ‘Consolidation’) and a change of name to Walker Lane Resources Ltd. will occur on March 25, 2025 (the ‘Effective Date’) as approved by the TSX Venture Exchange (the ‘Exchange’).

As at the date of this news release, the Company has 164,420,419 common shares issued and outstanding. Upon completion of the Consolidation, it is expected that there will be approximately 16,442,042 common shares issued and outstanding. No fractional shares will be issued under the Consolidation and each fractional share following the Consolidation that is less than one-half of a share will be cancelled, and each fractional share that is at least one-half of a share will be rounded up to the nearest whole share. As applicable, the exercise or conversion price and the number of shares issuable under any of the company’s outstanding stock options and convertible instruments will be proportionately adjusted.

Effective at the opening of trading on the Effective Date, the Company’s pre-consolidated common shares will be delisted from the Exchange and the post-consolidated common shares will commence trading. The Company’s new trading symbol will be WLR and the new CUSIP and ISIN are 931674105 and CA9316741052, respectively.

A letter of transmittal will be sent to registered shareholders providing instructions to surrender their pre-consolidated share certificates (the ‘Share Certificates’) or Director Registration (‘DRS’) evidencing their shares for replacement Share Certificates or DRS representing the number of post-consolidated shares to which they are entitled as a result of the Consolidation. Until surrendered, each Share Certificate or DRS representing shares prior to the Consolidation will be deemed, for all purposes, to represent the number of shares to which the holder thereof is entitled as a result of the Consolidation.

The company’s board of directors believes that the Consolidation is necessary to strengthen the overall position of the Company to avail new corporate development opportunities, a new corporate vision, and financing transactions.

On behalf of the Board:
‘Kevin Brewer’
Kevin Brewer, President, CEO and Director
CMC Metals Ltd.

For Further Information and Investor Inquiries:
Kevin Brewer, P. Geo., MBA, B.Sc.(Hons), Dip. Mine Eng.
President, CEO and Director
Tel: (+52) 669 198 8503
kbrewer80@hotmail.com
Suite 1000-409 Granville St., Vancouver, BC, V6C 1T2

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

‘This news release may contain certain statements that constitute ‘forward-looking information’ within the meaning of applicable securities law, including without limitation, statements that address the timing and content of upcoming work programs, geological interpretations, receipt of property titles and exploitation activities and developments. In this release disclosure regarding the potential to undertake future exploration work comprise forward looking statements. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks, including the ability of the Company to raise the funds necessary to fund its projects, to carry out the work and, accordingly, may not occur as described herein or at all. Actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, the impact of the constantly evolving COVID-19 pandemic crisis and continued availability of capital and financing and general economic, market or business conditions. Readers are referred to the Company’s filings with the Canadian securities regulators for information on these and other risk factors, available at www.sedar.com. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.’

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

Almonty Industries (TSX:AII,ASX:AII,OTCQX:ALMTF) has entered into a strategic partnership agreement with government relations and business development firm American Defense International (ADI).

Toronto-based Almonty is currently strengthening its positioning within the critical metals sector, aiming to support the US government and the American defense and technology industries.

On February 27, Almonty announced that its shareholders had approved its proposed continuance from Canada to Delaware, US, signifying the start of its redomiciling to the US.

Speaking about the company’s new partnership with ADI, President and CEO Lewis Black explained that it will help position Almonty as a supplier of tungsten and molybdenum for the US.

“As we move to finalize our redomiciling to the United States, ADI’s expertise and relationships, forged through working with industry-leaders such as SpaceX, will position us to strengthen relationships with key stakeholders in a rapidly evolving global landscape,’ he said in a Tuesday (March 18) press release.

Last month, Almonty signed a molybdenum offtake deal with SpaceX Korean contractor SeAH M&S, wherein SeAH will purchase 100 percent of the material produced from Almonty’s Sangdong molybdenum project in Korea.

Through the partnership with ADI, Almonty hopes to enhance its engagement in the US market by reinforcing its alignment and support of government policies and industry priorities.

The US domestication is still subject to court and other regulatory approvals.

Almonty currently holds tungsten projects in Portugal, Spain and Korea. While it does not have projects in the US, the country is becoming more important in the company’s strategic positioning.

Black said in Tuesday’s release that it expects redomiciling to enhance the company’s competitiveness in light of geopolitical tensions and policies and the recent shift to domestic sourcing of critical minerals.

The company’s move to redomicile also comes amid heightened tariff concerns.

US President Donald Trump has imposed widespread tariffs, including an additional 10 percent tariff on Chinese imports; China has responded with export controls on US goods, including tungsten.

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

At NVIDIA’s (NASDAQ:NVDA) GTC 2025, CEO Jensen Huang delivered on his promise to detail the company’s latest advancements in artificial intelligence (AI) and hardware.

Key announcements included the Blackwell Ultra AI chip, the next-generation Vera Rubin platform and a glimpse into future product roadmaps.

The keynote emphasized the “tipping point of accelerated computing,” marked by a shift from retrieval to generative AI and driven by a combination of agentic and physical AI.

NVIDIA’s AI-powered future

Huang’s speech, delivered without a script, highlighted NVIDIA’s focus on the transformative power of AI, particularly in robotics and generative computing, while also touching on NVIDIA’s advancements in quantum computing with CUDA-Q, a platform for hybrid quantum-classical computing.

For self-driving cars, he showed how NVIDIA’s technology is used to train and simulate autonomous vehicles, explaining how the company will provide the complete system from the data center to the car itself.

Speaking of data centers, Huang addressed the critical role they will play in supporting the next stage of AI advancements. The company is focusing on optimizing data centers to handle the massive computational demands of AI, particularly for AI inference.

This involves a balance between speed and accuracy in token generation, crucial for cost-effectiveness. To support these needs, NVIDIA will deploy powerful configurations of its Blackwell GPUs. Each rack—an enclosure designed to hold multiple electronic equipment modules—is equipped with 8 Blackwell GPUs. This dense configuration will allow for a high concentration of processing power within a compact footprint in modern data centers.

NVIDIA also introduced the Dynamo operating system, designed to manage and optimize large-scale AI infrastructure like data centers and “AI factories”, which are designed to produce AI models and capabilities at scale with intensive computation, data processing and model training. Huang mentioned NVIDIA’s collaboration with Perplexity, one of his “favorite, favorite partners”, on this project, but didn’t provide specific details.

The Omniverse and Cosmos software, which together will create simulated environments for training robots on synthetic data, is intended to leverage the Dynamo operating system for efficient deployment and execution within these AI factories.

The unveiling of NVIDIA Groot N1 – a dual-system architecture for humanoid robots – and its open-sourcing, were significant highlights. Groot N1 allows robots to perform complex tasks, like handling objects and following multi-step instructions, addressing anticipated labor shortages by 2030.

In terms of graphics, Huang demonstrated improvements in real-time ray tracing, a technique for creating more realistic images. He also hinted at future GeForce graphics cards, suggesting that they will be smaller, use less power and perform better than current models.

Blackwell and Vera Rubin: NVIDIA’s next-generation hardware platforms

Hardware advancements were also central, with updates on the production of the Blackwell system highly anticipated. Huang stated that the Blackwell system is now in full production with architectural improvements, including increased transistor density and optimized data pathways for AI workloads to deliver 1 exaflop of FP4 performance, a 25x increase over the previous Hopper architecture.

NVIDIA also unveiled Blackwell Ultra, a higher-performance variant of the Blackwell GPU designed for demanding AI workloads, slated for release in H2 2025. Later, Huang detailed the Vera Rubin platform, NVIDIA’s next-generation platform that will succeed Blackwell in H2 2026. The Vera Rubin platform features the Rubin GPU, which will utilize HBM4 memory, and the Vera CPU. An enhanced version of the Rubin GPU, Rubin Ultra, utilizing HBM4e memory, is also planned for 2027.

Forging strategic partnerships for future technologies

Partnerships were another key theme, with announcements including:

    • A partnership with the telecom industry to develop “AI-native” wireless network hardware for upcoming 6G networks.
    • Collaborations with DeepMind and Disney Research on the Newton physics engine, aimed at improving AI training through real-time simulation.

    How did NVIDIA’s share price perform?

    NVIDIA’s share price has fluctuated following a record-shattering run in 2024 that saw the company briefly surpass Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:APPL) as the world’s most valuable on more than one occasion.

    NVIDIA’s record high of US$149.43, recorded on January 6, has been in decline since due to macroeconomic factors combined with speculation that the company could be past its peak. Its customers have turned to competitors like Broadcom (NASDAQ:AVGO) or are working to develop chips of their own. The company also faced setbacks rolling out its Blackwell product line and is challenged by export restrictions to China, a large customer base.

    Despite this, NVIDIA reported strong financial results for the fourth quarter of 2025, exceeding analyst expectations with significant revenue growth driven by high demand for its AI solutions. Following those results and Huang’s optimistic remarks about the demand for the Blackwell architecture, NVIDIA’s share price saw a 3.67 percent increase.

    However, NVIDIA’s share price dropped over 3 percent in early trading on Tuesday, hours before Huang was set to take the stage, following a report from The Information on Amazon’s lowered cost of its AI chips.

    As the keynote progressed, NVIDIA’s share price saw a slight uptick but declined by 3.35 percent to close at US$115.43, followed by an additional decrease in after-hours trading.

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

    This post appeared first on investingnews.com