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Over a decade ago, Sen. Ted Cruz, R-Texas, predicted that healthcare premiums would skyrocket, even in the face of subsidies put into effect under Obamacare that were meant to bring them down. 

Today, the ballooning of those premiums and their accompanying subsidies are at the center of the 22-day shutdown that looks poised to get longer still.

‘Despite Obamacare subsidies, many Americans will still be paying higher premiums in 2014 as a result of Obamacare,’ Cruz said in 2013, referring to the Affordable Care Act (ACA).

In his 2013 floor speech, Cruz pointed to research from Avik Roy, a healthcare researcher who, at the time, was a senior fellow at the Manhattan Institute. Roy’s research made the case that subsidies passed by the Obama administration would do little to stop government-backed healthcare plans from growing more expensive over time or competing effectively with non-government-backed plans. 

But even those forecasts have paled in comparison to the costs of the government’s emergency response to the COVID-19 pandemic.

The subsidies under Obamacare have vastly expanded in recent years. An emergency provision included in President Joe Biden’s 2021 American Rescue Plan widened the range of eligible applicants as a response to the global pandemic. 

Now that those COVID-era provisions are set to sunset at the end of 2025, an expiration date set by Democrats themselves, Democrats are voicing alarm that Obamacare policyholders will have to shoulder the costs of health insurance without the enhanced supplemental aid. 

According to the Committee for a Responsible Federal Budget, a nonpartisan think tank that focuses on fiscal policy, continuing the expanded credits could cost upwards of $30 billion annually. Findings by KFF, a healthcare policy group, say that over 90% of the 24 million Obamacare enrollees make use of the enhanced credits.

KFF analysis indicates that the enhanced premium tax credits saved subsidized enrollees an average of $705 last year. 

Democrats in Congress, led by House Minority Leader Hakeem Jeffries, D-N.Y., and Senate Minority Leader Chuck Schumer, D-N.Y., have demanded some sort of extension to the already expanded COVID-era subsidies as a condition for passing spending legislation to end the current government shutdown, which is now the longest full shutdown in history.

Republicans, who maintain that the subsidies are completely unrelated to government funding considerations, have said lawmakers will address the subsidies when the government is open again.

The most conservative members in Congress have said cutting back on the subsidies is key to returning the government to pre-COVID levels of funding.

Lawmakers in the Senate have voted 11 times on a short-term spending extension meant to keep the government open through Nov. 21 but have so far failed to move past the gridlock over the enhanced premium tax credits.

Cruz did not immediately respond to Fox News Digital’s request for comment.

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Front-runners for New York City mayor, Zohran Mamdani and Andrew Cuomo, wasted little time attacking each other on alleged personal scandals they have been involved in during a Wednesday night debate between the pair and GOP candidate Curtis Sliwa.  

Mamdani and Sliwa took the opportunity during Wednesday’s debate to drill down on past sexual harassment allegations against Cuomo, the former governor of New York, ahead of an impeachment inquiry that preceded Cuomo’s 2021 resignation. Cuomo was also hit by Mamdani over accusations he has – while in public office – failed to meet with Muslim constituents and only began doing so amid pressure from his mayoral campaign, and over his alleged poor handling of the COVID-19 virus in New York after Cuomo was party to issuing guidance forcing nursing homes and long-term care facilities to admit COVID-19 positive patients.

Meanwhile, Cuomo did not hold back on targeting Mamdani over alleged controversies that have embattled his campaign. Cuomo blasted the self-proclaimed socialist over his lack of experience, ties to radical politics, and past radical comments about law enforcement, Israel and the situation in Gaza.

‘My main opponent has no new ideas. He has no new plan. … He’s never run anything, managed anything. He’s never had a real job,’ Cuomo said of Mamdani during the debate. Cuomo also branded Mamdani as someone who has proven to be ‘a divisive force in New York,’ pointing to past incidents that have garnered Mamdani heat from critics. 

One of those incidents included a picture he took with a hard-lined Ugandan lawmaker who has pushed policies of imprisoning people for being gay, which Mamdani took while taking a break from the campaign trail to visit his home country of Uganda for a wedding. Cuomo also hit the controversy over whether Mamdani supports Jewish New Yorkers, as his critics have claimed he is anti-Israel pointing to statements he has made, like ‘globalize the intifada.’ 

Cuomo also accused Mamdani of disrespecting Italian-Americans after a video of him surfaced giving the middle finger to a statue of Christopher Columbus, while also pointing to criticism the self-proclaimed socialist candidate has garnered from 9/11 first-responders after posting a photo with a Muslim cleric who served as a character witness for the mastermind behind the September 11, 2001 attacks. 

‘You have been a divisive force in New York, and I believe that’s toxic energy for New York. It’s with the Jewish community. It’s with the Italian-American community – when you give the Columbus statue the finger. It’s with the Sunni Muslims when you say decriminalize prostitution, which is Haram. It’s the Hindus,’ Cuomo continued. ‘Then, you take a picture with Rebecca Kadaga, deputy Prime Minister of Uganda. … She’s known as Rebecca ‘Gay Killer.’ … You’re a citizen of Uganda. You took the picture. You said you didn’t know who she was. It turns out you did. How do you not renounce your citizenship or demand BDS against Uganda for imprisoning people who are gay just by their sexual orientation? Isn’t that a basic violation of human rights?’

Mamdani shot back that his politics have remained ‘consistent’ and that they are built on a belief in human rights for all people, including LGBTQ+ folks. Had he known Kadga’s role in drafting legislation to imprison gay folks, Mamdani said, he never would have taken the picture. 

‘This constant attempt to smear and slander me is an attempt to also distract from the fact that, unlike myself, you do not actually have a platform or a set of policies,’ Mamdani shot back at Cuomo before introducing his own claims about the former governor regarding past accusations of sexual harassment.

‘Mr. Cuomo. In 2021, 13 different women who worked in your administration credibly accused you of sexual harassment. Since then, you have spent more than $20 million in taxpayer funds to defend yourself, all while describing these allegations as entirely political,’ Mamdani said while attacking Cuomo Wednesday night. 

‘You have even gone so far as to legally go after these women. One of those women, Charlotte Bennett, is here in the audience this evening. You sought to access her private gynecological records. She cannot speak up for herself because you lodged a defamation case against her. I, however, can speak. What do you say to the 13 women that you sexually harassed?’ 

Cuomo, in 2021, was accused of multiple incidents of sexual harassment that preceded his resignation as governor that year. A subsequent report from New York Attorney General Letitia James confirmed Cuomo ‘sexually harassed multiple women from 2013 through 2020,’ while in January 2024, the U.S. Department of Justice announced it had reached a nearly $500,000 settlement with Cuomo’s executive office over one of the claims. However, no criminal charges were ever filed against Cuomo, with some district attorneys citing insufficient evidence.

Cuomo defended himself against Mamdani’s accusations, noting the cases were eventually dropped, before returning to questions about Mamdani’s alleged past. 

Meanwhile, Sliwa didn’t skip an opportunity to slam Cuomo over the sexual assault allegations either, saying early in the debate during a discussion about homelessness that Cuomo ‘fled’ the governor’s office amid an impeachment inquiry that was investigating him.

‘Andrew, you didn’t ‘leave.’ You fled from being impeached by the Democrats in the state legislature,’ Sliwa began before getting into the homelessness issue, earning him a round-of-applause from the audience. 

”Leave?’ You fled!’ Sliwa continued to applause. ‘But let’s get back on topic.’ 

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In today’s political environment, it is hard to envision important issues where Republicans and Democrats can find common ground. Protecting the safety and security of citizens from the Chinese Communist Party (CCP) is hopefully still that issue. 

In recent years, we have seen growing agreement among lawmakers that the CCP is actively working against the security of the U.S. Whether through coercive trade practices, espionage, military aggression or technology theft, the CCP is intent on undermining American strength. 

President Donald Trump has rightly identified our nation’s increased dependence on Chinese companies as a clear threat to national security. In response, he has taken action to rebuild our domestic industrial manufacturing bases. This is especially true in critical security industries like defense, nuclear development, pharmaceutical manufacturing and data center infrastructure. 

The Trump administration should now look at medical devices. This lesser-known threat to American privacy and security lurks within our hospitals, health care facilities and even in the homes of everyday Americans. Used to treat patients, monitor patient health and inform medical decisions made by health care professionals, medical devices are critical tools used in the everyday care of our most vulnerable members of society. 

It is no wonder, then, that medical devices made by Chinese companies not only have the potential to take advantage of that intimate access, but have already been shown to exploit those vulnerabilities to gain access to the personal, private data of American patients.

Just this month, it was reported that medical hardware from Shanghai-based United Imaging has been installed in some of the country’s top research labs. In some instances, these labs were even funded by the National Institutes of Health (NIH). Not only has United Imaging worked alongside the Chinese military and the state-run Chinese Academy of Sciences, according to the FBI, the company has also bribed employees working at an NIH-funded lab to backchannel non-public information about their research to United Imaging and the Chinese Academy of Sciences. 

Earlier this year, the Food and Drug Administration (FDA) issued a warning about a patient monitor made by Chinese-based company Contec, specifically calling attention to a software backdoor on the device that once connected to the internet ‘begins gathering patient data, including personally identifiable information (PII) and protected health information (PHI), and exfiltrating (withdrawing) the data outside of the health care delivery environment.’ 

The Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA) followed up with its own report, saying that the backdoor enabled remote actors to engage in ‘remote code execution and device modification with the ability to alter its configuration.’

Far from being an idle threat, CISA explained that this vulnerability in a machine that monitors and displays critical information like electrocardiograms and blood pressure could result in life-or-death consequences: ‘This introduces risk to patient safety as a malfunctioning monitor could lead to improper responses to vital signs displayed by the device.’

Medical devices made by Chinese companies have quietly made their way into many hospitals and clinics in the United States, bringing with them hidden risks that are waiting to be abused by the CCP. 

First, patient privacy is compromised when unknown actors can access and siphon the most sensitive and confidential data from every patient in America, undermining the very foundation of trust in our health care system. 

Compounded with the fact that Chinese law compels Chinese companies to cooperate and share information with the CCP and that China prizes big data and is gathering information on individuals around the world, we can be assured that whatever private information is gathered on American patients is not in our national interest.

Second, we cannot trust that information siphoning will not escalate to more serious tactics that put patient lives at risk. Remote access to medical devices could result in real-world harm to patients if those devices were reconfigured to display false information that then led to unnecessary and harmful medical interventions. 

Third, the U.S. healthcare system is becoming too dependent on Chinese companies to run our hospitals. It does not take much of a leap to think about what would happen if the CCP decided to cut off the supply of medical devices. Just like critical minerals, energy or military equipment, depending on Chinese companies for medical devices is a clear threat to American security.

What these threats amount to is that the U.S. can no longer blindly outsource medical devices – some of our most vital and sensitive equipment – to companies that operate at the behest of foreign adversarial governments like the CCP. It is critical that America has a domestic supply chain of medical devices. 

Now is the time that lawmakers, both at the federal and state level, take this threat seriously and take meaningful steps to reduce the risks posed by these medical devices. 

Protecting Americans from threats to their health and security should be an easy, bipartisan win.

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The Democrats, or Socialists, or whatever they are these days, are hopping mad over President Donald Trump’s construction of a ballroom in the East Wing of the White House, and while it may be their silliest freakout of the entire Trump era, it is also quite telling.

The ladies on ABC’s ‘The View’ were apoplectic when they saw images of demolition, a fairly ordinary way to begin renovations, at 1600 Pennsylvania Avenue. They echoed one-time resident Hillary Clinton’s complaint that Trump doesn’t own the White House, even taking to song about it.

What makes this argument so absurd, is that Trump is not building this ballroom for his personal use or glory. It’s not a vanity project. It is a long-considered addition to an executive home that lacked the capacity to hold large indoor events.

Trump, as has always been his wont, is looking to create grandeur, and that seems to be something to which leftists reflexively object.

Trump is obviously not the first president to renovate the White House. President Franklin Delano Roosevelt put in a swimming pool. His successor, President Harry Truman, practically gutted the place to add a balcony. President Nixon covered the swimming pool but added a bowling alley. Finally, President Obama transformed the tennis court into a basketball court.

Note that these are all changes that were made to serve the respective president’s personal taste or enjoyment, like a Roman emperor adding a water feature to his personal dining area.

What Trump is doing is completely different. The ballroom he is constructing will likely survive as a symbol of American power long after we are all gone. It will be, in a sense, our generation’s contribution to the people’s home.

Trump wants this venue, this symbol of America, to be grand and classically inspired, a timeless marble monument to a United States that emerged from the 20th century as the world’s only super power.

And in a way, this is part of what the left objects to, not just in regard to the White House project, but to Trump’s proposed new arch in Washington, D.C., and great statuaries of American heroes, not to mention the recent massive military parade.

In the post-Cold War era, part of America’s international style and sensibility was to be understated. Like the star quarterback who is also a model and a chess prodigy, we learned not to rub it in.

In that time, very little public art or architecture was done on a grand and classic scale, and in more recent times, our society has been so hellbent on taking statues and monuments down, that we gave little thought to putting them up.

Trump instinctively understands that in 2025, America may still be the world’s only superpower, but not by so hegemonic a distance as in the recent past. China, among others have been catching up, and the ‘aw, shucks’ attitude of the past needs some adjusting.

World leaders as well those on public White House tours should have their breath taken away when they walk into the presidential ballroom. Such displays are as old as nations themselves, from the pyramids to the Coliseum, it’s nothing to be ashamed of.

Though this expansion of the White House would be well worth taxpayer money, Trump has found a way to build it with private donations, as well as his own funds. Still the left is throwing a fit. Why?

Recent polling showed that only 36% of Democrats are very, or even just somewhat, proud of America. This being the case, it’s easy to understand why they object to building testaments to its power and glory.

What Democrats and socialists are really objecting to here is not that Trump’s ballroom celebrates himself, it’s that his ballroom unabashedly celebrates America.

Fifty years from now, when King George VII of Great Britain dines at the White House, people will little remember that it was built by Trump, even if all the gold leaf remains. By then, it will simply be a great piece of American architecture we can all be proud of.

Americans want and deserve a big, beautiful ballroom for their nation’s executive mansion, and there has never been a president more capable of delivering it than our real estate mogul-in-chief.

Liberals can stamp their feet in anger all they want. But the ballroom is going to be built, and eventually, most of them will come to appreciate it.

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IAMGOLD (TSX:IMG,NYSE:IAG) is tightening its grip on one of Québec’s most promising gold districts with back-to-back acquisitions aimed at consolidating control over a vast stretch of the Chibougamau region.

In the span of two days, the mid-tier gold producer announced definitive agreements to acquire Northern Superior Resources (TSXV:SUP,OTCQB:NSUPF) and Mines d’Or Orbec (TSXV:BLUE).

Collectively the deals will expand its landholding to more than 100,000 hectares.

The larger of the two transactions will see IAMGOLD acquire all issued and outstanding shares of Northern Superior Resources in a cash-and-stock deal valued at approximately C$267.4 million.

The acquisition will fold Northern Superior’s Philibert, Chevrier and Croteau projects into IAMGOLD’s existing Nelligan and Monster Lake holdings, creating what the company has branded the Nelligan Mining Complex.

Together, these properties host estimated measured and indicated mineral resources of 3.75 million ounces of gold and inferred resources of 8.65 million ounces, positioning the district as Canada’s fourth largest pre-production gold camp.

“The addition of Northern Superior’s assets to IAMGOLD’s Nelligan Mining Complex in the Chibougamau region of Québec is extremely exciting for IAMGOLD, the region and our mutual shareholders,” said Renaud Adams, IAMGOLD’s president and CEO. “This acquisition aligns with our strategy to become a leading Canadian-focused mid-tier gold producer, bolstering our organic pipeline in Québec where we have maintained a longstanding presence.”

A day earlier, IAMGOLD struck a deal to acquire Mines d’Or Orbec, a junior explorer advancing the Muus project southwest of Chibougamau. IAMGOLD already holds a 6.7 percent equity interest in Orbec and expects to issue roughly 369,000 new shares to complete the purchase. The transaction will bring Muus under IAMGOLD’s control.

Located at the intersection of the Fancamp and Guercheville deformation zones, which are two major mineralized corridors that also host IAMGOLD’s Monster Lake and Nelligan deposits, the 24,979 hectare Muus project has been viewed as a geological link between the company’s existing holdings.

“Over the past several years, we have advanced the Muus project into one of Québec’s most promising gold exploration plays,” Orbec CEO John Tait said.

With the addition of both Northern Superior and Orbec, IAMGOLD is set to more than double its regional footprint.

The company has signaled its intent to pursue a “hub-and-spoke” development strategy in the region, envisioning a central processing facility fed by multiple ore sources within a 17 kilometre radius.

Pending regulatory and shareholder approvals, both acquisitions are expected to close in late 2025 or early 2026.

The price of gold has surged to unprecedented levels this month, reaching an all-time high of around US$4,370 per ounce amid heightened safe-haven demand and expectations of US interest-rate cuts.

However, on Tuesday (October 21), a correction began to set in as the yellow metal pulled back sharply. It fell as much as 5.5 percent to about US$4,115 as profit taking kicked in and the US dollar strengthened.

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

This post appeared first on investingnews.com

Astron (ASX:ATR) said on Monday (October 20) that Australia has granted major project status to the Donald rare earths and mineral sands project, its joint venture with Energy Fuels (TSX:EFR,NYSEAMERICAN:UUUU).

Donald is located approximately 300 kilometers northwest of Melbourne in Minyip, Victoria, Australia, and is regarded as “one of the world’s most significant rare earths resources outside China.”

It currently holds a total mineral resource of 1.81 billion tonnes grading 4.6 percent.

“This (designation) will streamline our engagement with federal agencies and accelerate our pathway to development,” commented Astron Managing Director Tiger Brown in a press release. “The Donald project will create significant employment opportunities and deliver long-term economic benefits to the Wimmera region of Victoria as well as strengthen Australia’s sovereign capability in critical minerals and advanced technology supply chains.”

Donald has a planned mine life of 58 years, with expected annual output of 9,000 tonnes of rare earths in Phase 1.

In a separate announcement, Energy Fuels said Export Finance Australia (EFA) has expressed support for the project and will provide AU$80 million via senior debt financing. The total amount needed to develop Donald is AU$520 million.

Energy Fuels CEO Mark Chalmers said that the support is a “key additional step” in the project’s financing pathway and a “strong vote of confidence” in the project’s capacity and potential.

“(It) reflects our on-going progress toward delivering one of Australia’s most important rare earth projects, including valuable NdPr, and exceptional concentrations of Dy, Tb and other ‘heavy’ rare earth oxides, which upon project development will be processed and separated into high-purity products at our White Mesa Mill in Utah,” he added.

According to a work plan for Donald published in June, the progression towards a final investment decision for the project is expected within 2025. Commencement of production at Donald is scheduled for 2027.

Rare earths have been heavily spotlighted this month after China dramatically expanded its control over rare earth exports, a sector crucial to global tech and defense industries.

The October 10 announcement from the Ministry of Commerce adds five new elements — holmium, erbium, thulium, europium and ytterbium — along with key refining technologies to its export control list.

The new rules carry a global reach: any foreign company producing rare earth materials or magnets using Chinese-origin equipment or technology must now obtain an export license from Beijing.

Crucially, applications for defense-related or advanced semiconductor projects, including cutting-edge AI with military potential, will face intense scrutiny and are likely to be denied.

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

Chris Vermeulen, chief market strategist at TheTechnicalTraders.com, weighs in on gold’s record-setting price run and what could be next for the metal.

Vermeulen also discusses the outlook for silver, platinum and palladium.

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

This post appeared first on investingnews.com

Investor Insight

Spartan Metals offers a compelling investment opportunity in the US critical minerals sector through its high-grade, 100-percent-owned Eagle tungsten-silver-rubidium project in Nevada. With strong grades, multi-metal exposure, and alignment with US defense and supply chain initiatives, Spartan provides investors with exceptional leverage to the growing demand for domestically sourced strategic critical minerals.

Overview

Spartan Metals (TSXV:W) is a US-focused critical minerals explorer advancing its high-grade tungsten and rubidium asset in Nevada. Through its flagship Eagle project, the company is unlocking American critical mineral resources essential to defense, technology and energy independence. Spartan’s projects are strategically positioned to contribute directly to the United States’ onshoring objectives under the Defense Production Act and related supply-chain initiatives.

Eagle project site in Nevada

The Eagle tungsten-silver-rubidium project in eastern Nevada anchors a district-scale opportunity covering 4,936 acres across three historic mine areas – Tungstonia, Rees and Antelope. With historic production of 8,379 units of tungsten trioxide (WO₃) at grades between 0.6 to 0.9 percent, the project hosts one of the highest-grade past-producing tungsten systems in the United States, enriched by rubidium and other US defense-critical metals such as antimony, bismuth, indium and arsenic. Spartan is now executing an exploration program to validate and expand this potential through modern geochemistry, geophysics and tailings drilling.

Led by a team with deep Nevada exploration experience and direct US Department of Defense (DOD) engagement, Spartan is pursuing a partnership-driven approach to project advancement. It combines early-stage exploration and reprocessing opportunities and joint ventures to accelerate development. With a strong insider ownership base (42 percent) and exposure to multiple critical metals, Spartan Metals is an emerging US leader in strategic mineral discovery and domestic supply security.

Company Highlights

  • Flagship Eagle Project: One of the highest-grade, past-producing tungsten mines in the US.
  • Multi-metal Exposure: Targets tungsten, rubidium, antimony, bismuth, and silver – all listed as US critical minerals.
  • Tier-1 Mining Jurisdiction: Located in eastern Nevada, a world-class mining state with established infrastructure and regulatory clarity.
  • Strong Management and Technical Team: Led by a CEO and VP of exploration with proven discovery track
  • Alignment with US Critical Minerals Strategy: Positioned to benefit from Department of Defense and US government initiatives supporting domestic critical mineral supply chains.
  • Attractive Capital Structure: Tight share strucuture with management and board holding ~42 percent of shares outstanding, ensuring strong alignment with investors.

Key Asset: Eagle Project

Spartan’s 100-percent-owned Eagle project in White Pine County, Nevada, is a nationally significant critical mineral asset which includes the past-producing Tungstonia, Rees and Antelope mines. The Eagle project historically produced over 8,000 units of WO₃ between 1915 and 1956, and now presents a rare opportunity to redefine one of the highest-grade tungsten and rubidium systems in the United States.

With multiple mineralized zones, district-scale potential and strong alignment with US strategic metal initiatives, the Eagle project is the cornerstone of Spartan’s growth strategy.

Project Highlights

  • District-scale Footprint with High-grade Legacy Production: 4,936 acres (20 sq km) across 244 BLM claims in eastern Nevada; Past-producing Tungstonia and Rees mines averaged 0.6 to 0.9 percent WO₃, with channel samples up to 5.32 percent WO₃
  • Rubidium Discovery: Rock chip assays up to 2,264 parts per million (ppm) rubidium, positioning Eagle as a potentially significant US rubidium source
  • Polymetallic Opportunity: System hosting tungsten-rubidium-silver with antimony, bismuth and arsenic, all metals critical for US defense sector
  • Three Deposit Types: Features porphyry, skarn and carbonate replacement deposit (CRD) styles, a rare combination that indicates a large, long-lived hydrothermal system capable of hosting multiple mineralization centers, supporting district-scale exploration potential
  • Active 2025 Exploration Program: Fieldwork commenced in October 2025, executing Phase 1 of its NI 43-101-recommended program and part of Phase 2. Activities include drilling of historic Tungstonia tailings, detailed soil and rock sampling, geologic mapping and CSAMT/MT geophysics to define high-priority tungsten-rubidium drill targets and support future resource modeling.
  • Tailings Reprocessing Opportunity: ~9,000 tonnes of tailings averaging 0.14 percent WO₃ and 460 ppm rubidium offer near-term reclamation value-add
  • Tier-1 Mining Jurisdiction: Excellent access to infrastructure near Ely, Nevada
  • Strategic Positioning: Fully aligned with US DOD and Department of Energy initiatives to secure domestic tungsten and rubidium supply chains

Management Team

Brett R. Marsh – President, CEO and Director

Brett Marsh is a professional geologist with more than 25 years of experience in mineral exploration and project development across North America and internationally. Marsh previously led major exploration initiatives for both junior and mid-tier mining companies and has extensive experience in tungsten and critical mineral systems. He oversees Spartan’s technical and strategic direction and is the company’s “qualified person under NI 43-101..

Rebecca Ball – Vice-president, Exploration

Rebecca Ball brings over a decade of exploration and operational experience across base, precious and critical minerals. She specializes in greenfield targeting and geological modeling, most recently leading the McDermitt Lithium stratigraphy initiative that expanded its resource significantly. Her expertise is instrumental in defining the next phase of resource development at the Eagle project.

Michael Harp – Director

Currently VP Exploration at Ridgeline Minerals, Michael Harp has over 15 years of exploration experience in Nevada, including the discovery of over 5 million ounces of gold in the Carlin Trend’s Railroad-Pinion district. His extensive field and project management experience supports Spartan’s Nevada-focused exploration programs.

Terese Gieselman – Chief Financial Officer and Corporate Secretary

Terese Gieselman is a seasoned financial executive with over 30 years of experience in public company management and corporate finance in the mining sector. She brings expertise in governance, financial reporting, and capital markets strategy that will support Spartan’s growth.

This post appeared first on investingnews.com

Spartan Metals (TSXV:W) is a US-focused explorer advancing its high-grade tungsten and rubidium Eagle Project in Nevada. The company is unlocking critical minerals essential to US defense, technology, and energy independence, supporting onshoring goals under the Defense Production Act.

The Eagle tungsten-silver-rubidium project in eastern Nevada spans 4,936 acres across three historic mine areas — Tungstonia, Rees, and Antelope. With historic production of 8,379 units of WO₃ grading 0.6–0.9 percent, Eagle ranks among the highest-grade past-producing tungsten systems in the US, enriched with rubidium and other defense-critical metals including antimony, bismuth, indium, and arsenic. Spartan is advancing an exploration program to validate and expand this potential using modern geochemistry, geophysics, and tailings drilling.

With multiple mineralized zones, district-scale potential and strong alignment with US strategic metal initiatives, the Eagle project is the cornerstone of Spartan’s growth strategy.

Company Highlights

  • Flagship Eagle Project: One of the highest-grade, past-producing tungsten mines in the US.
  • Multi-metal Exposure: Targets tungsten, rubidium, antimony, bismuth, and silver – all listed as US critical minerals.
  • Tier-1 Mining Jurisdiction: Located in eastern Nevada, a world-class mining state with established infrastructure and regulatory clarity.
  • Strong Management and Technical Team: Led by a CEO and VP of exploration with proven discovery track
  • Alignment with US Critical Minerals Strategy: Positioned to benefit from Department of Defense and US government initiatives supporting domestic critical mineral supply chains.
  • Attractive Capital Structure: Tight share strucuture with management and board holding ~42 percent of shares outstanding, ensuring strong alignment with investors.

This Spartan Metals profile is part of a paid investor education campaign.*

Click here to connect with Spartan Metals (TSXV:W) to receive an Investor Presentation

This post appeared first on investingnews.com

Former first son Hunter Biden is claiming that his father only pardoned him because Donald Trump reclaimed the presidency in November 2024 — and ‘would not have’ done so under ‘normal circumstances’ while the appeals process played out.

‘Donald Trump went and changed everything,’ Hunter said in an interview released Monday on journalist Tommy Christopher’s Substack platform.

‘And I don’t think that I need to make much of an argument about why it changed everything.’

The 55-year-old — who pleaded guilty last year to evading $1.4 million in back taxes to the IRS and was convicted on felony gun charges — declined to mention that he had apparently been present for discussions on pardons during Joe Biden’s final months in the White House.

‘I’ve said this before,’ Hunter went on.

‘My dad would not have pardoned me if President Trump had not won, and the reason that he would not have pardoned me is because I was certain that in a normal circumstance of the appeals [I would have won].’

The Biden scion added that Trump was planning a ‘revenge tour’ against his father, which would have made himself the ‘easiest target to just to intimidate and to not just impact me, but impact my entire family into, into silence in a way that at least he is not — it’s not as easy for him to do [with] me being pardoned.’

‘I realize how privileged I am,’ Hunter went on.

‘I realize how lucky I am; I realize that I got something that almost no one would have gotten.

‘But I’m incredibly grateful for it and I have to say that I don’t think that it requires me to make much of a detailed argument for why it was the right thing to do, at least from my dad, from his perspective.’

Ex-White House chief of staff Jeff Zients spilled last month that Hunter ‘was involved’ in clemency talks and even ‘attended a few meetings,’ a source with knowledge of the Biden official’s testimony to the House Oversight Committee told The Post.

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