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Glencore Pursues Argentina Incentives for US$13.5 Billion Copper Projects

Investing 4 Mins Read

Commodities giant Glencore (LSE:GLEN,OTC Pink:GLCNF) has submitted applications to place two of its flagship copper projects in Argentina under a new investment regime.

The Switzerland-based firm is seeking to include the El Pachón deposit in San Juan and the Agua Rica deposit in Catamarca under Argentina’s recently introduced Incentive Regime for Large Investments (RIGI).

Together, the two projects represent a planned capital investment of about US$13.5 billion over the next decade — US$9.5 billion for El Pachón and US$4 billion for Agua Rica.

Both sites would benefit from a long-term economic framework with enhanced investor protections under the RIGI program, which the administration of President Javier Milei launched this year to attract foreign investment.

“President Milei and his administration must be credited for introducing the RIGI. This framework has changed the investment landscape in Argentina, providing a key catalyst to attract major foreign investment to the country,” Glencore CEO Gary Nagle said in the company’s announcement on Monday (August 18).

“The RIGI provides a key platform for the development of Argentina’s significant natural resource endowment,’ added Martín Pérez de Solay, CEO of Glencore Argentina.

‘I am confident that the mining sector can be a major contributor to the Argentinian economy with the El Pachón and Agua Rica projects supporting the country’s ambition to become one of the world’s leading copper producers.”

El Pachón is a large-scale copper and molybdenum deposit with estimated resources of about 6 billion metric tons (MT) of ore averaging 0.43 percent copper, 2.2 grams per MT silver and 130 grams per MT molybdenum.

For its part, Agua Rica hosts roughly 1.2 billion MT of ore with average grades of 0.47 percent copper, 0.2 grams per MT gold, 3.4 grams per MT silver and 0.03 percent molybdenum. Ore from Agua Rica would be processed at the existing Alumbrera facilities, located 35 kilometers away, through the MARA project framework.

The scale of Glencore’s expansion comes amid a broader strategic race among western producers to secure supplies of critical minerals needed for clean energy technologies, electric vehicles and defense applications. Copper in particular is considered vital to global electrification, and analysts warn that rising demand could soon outstrip supply.

US enforcement shift on Chinese metals

On Tuesday (August 19), the US Department of Homeland Security announced that imports of Chinese steel, copper and lithium will be targeted for “high-priority enforcement” under the Uyghur Forced Labor Prevention Act, a law restricting goods linked to alleged human rights abuses in China’s Xinjiang region.

“The use of slave labor is repulsive and we will hold Chinese companies accountable for abuses and eliminate threats its forced labor practices pose to our prosperity,” Homeland Security Secretary Kristi Noem said in a post on X.

US officials say the Xinjiang region hosts state-run internment camps where Uyghurs and other minority groups are subject to forced labor. Beijing has consistently denied the allegations, dismissing them as politically motivated.

The announcement expands Washington’s campaign to scrutinize goods with ties to Xinjiang, which has already affected solar panels, cotton and other commodities. The new focus on copper and lithium marks a significant escalation given both metals’ central role in renewable energy and battery production.

Global supply chains in flux

Together, Glencore’s Argentine projects and Washington’s enforcement measures highlight how critical minerals are becoming increasingly entangled with geopolitics.

China processes about 70 percent of the world’s rare earths and controls a major share of global copper and lithium refining capacity. Western governments are trying to diversify away from Chinese supply chains amid rising tensions.

Argentina, with its vast mineral reserves, has emerged as a key player in this strategy. The country is already a major producer of lithium and is positioning itself as a copper hub through projects like Glencore’s expansion.

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

This post appeared first on investingnews.com

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New Rare Earths Venture to Target High-grade Assets in US and Brazil

Investing 3 Mins Read

Privately owned Rare Earths Americas (REA) has formed in a bid to explore and develop high-grade rare earths assets in the US and Brazil, looking to consolidate supply chains for various domestic sectors.

The company, which raised AU$25 million in a private funding round, said it combines experienced operators and investors with “deep expertise across global mining, energy and critical materials.”

Included in the company’s portfolio is the Foothills discovery, located in Georgia, US.

The site contains grades of up to 41.3 percent total rare earth oxides, including heavy rare earths crucial for high-performance magnets. REA has highlighted its strong logistics, low-cost power and streamlined path to permitting.

In Brazil, the Alpha and Constellation projects hold more than 1 billion metric tons of high-grade ionic clay rare earths mineralization, including dysprosium and terbium, which are essential for permanent magnets.

The Homer project, also located in Brazil, targets multiple carbonatite clusters with the potential for niobium discoveries in a region known for leading niobium mines.

“The rare earths market is undergoing a generational shift as the West races to secure its rare earths future,” said CEO Donald Swartz in a Monday (August 18) press release.

REA’s timing aligns with broader US efforts to reduce reliance on China, which currently controls nearly 70 percent of global rare earths processing and accounts for most heavy rare earths production.

In April, Beijing restricted shipments of seven rare earths to the US and other countries, prompting concern among automakers and defense contractors dependent on these materials.

The US government recently proposed a pricing support mechanism for domestic rare earths ventures in order to increase production and mitigate China’s influence.

Discussions last month, led by former White House Trade Advisor Peter Navarro and National Security Council official David Copley, included rare earths producers and major tech firms reliant on these critical minerals.

China’s dominance stems from billions of dollars invested in mining and processing since 2000, often with minimal environmental or safety oversight, allowing the country to produce rare earths at lower cost than western competitors.

The US response to the Asian nation’s rare earths stranglehold has included efforts to develop domestic mine supply and build out refinement, processing and production capacity. American companies have also sought to secure alternative sources in Africa and Latin America, but investment and technology barriers remain significant.

Mountain Pass in California, the country’s only large-scale rare earths mine, produces bastnaesite carbonate, but relies heavily on foreign processing. MP Materials (NYSE:MP), the mine’s operator, posted a net loss of US$65.4 million in 2024, highlighting the challenge of competing with China’s low-cost production model.

REA’s launch positions it as a potential strategic player in this evolving landscape.

According to the company, the Foothills project offers a “streamlined permitting pathway” in the US, while the Alpha and Constellation projects in Brazil provide access to large-scale, high-grade heavy rare earths.

“With grade and strategic geography on our side, we intend to advance our rare earths projects to support the long-term supply of critical materials essential to domestic innovation,” Swartz added.

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

This post appeared first on investingnews.com

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Guide to Uranium Mining in Canada

Investing 8 Mins Read

Uranium mining in Canada accounts for 13 percent of global output, making the Great White North the second largest producer of uranium in the world, behind only Kazakhstan.

Canada hosts 9 percent of the world’s uranium resources and is home to the biggest deposits of high-grade uranium. Their grades of up to 20 percent uranium are 100 times greater than the global average.

Canadian uranium deposits are found mainly in the provinces of Saskatchewan, Newfoundland and Labrador, and Québec, as well as the territory of Nunavut. Of these, Saskatchewan leads the country in both uranium exploration and production.

In this article

    Top Canadian uranium mines

    Canada is home to three producing uranium mines, Cigar Lake, McArthur River and McClean Lake, all of which are located in Saskatchewan’s Athabasca Basin.

    Saskatchewan is a premier uranium mining jurisdiction as home to the Athabasca Basin, a mining-friendly region in the north of the province that’s renowned for its high-quality uranium deposits. The area’s long uranium-mining history has made Canada an international leader in the uranium sector.

    Canada’s major uranium mining companies are Cameco (TSX:CCO,NYSE:CCJ) and Orano Canada, a subsidiary of the multinational company Orano Group. Cameco is the majority owner and operator of Cigar Lake and McArthur River. Orano holds a significant stake in both mines, and is also the majority owner and operator of the recently restarted McClean Lake operation.

    Data and information on the Canadian uranium mines and advanced projects discussed below is taken from mining database MDO. The database only includes projects that have at least partial ownership by public companies.

    1. Cigar Lake Mine

    Ownership:
    54.547% — Cameco
    40.453% — Orano Canada
    5% — TEPCO Resources
    Province: Saskatchewan
    Mine type: Underground
    Deposit type: Unconformity-related

    Cigar Lake, which entered commercial production in 2015, is one of Canada’s largest uranium mines and the world’s highest grade uranium mine. The underground mining operation involves the use of innovative mining methods such as jet boring, which was purposely designed by Cameco to tackle the unique challenges of the Cigar Lake deposit.

    For 2024, production at the Cigar Lake mine was reported at 16.9 million pounds U3O8, up 2 million pounds from the previous year. Guidance for 2025 stands at approximately 18 million pounds.

    Cigar Lake’s proven and probable reserves stand at 551,400 metric tons of ore grading 15.87 percent U3O8 for 192.9 million pounds of contained U3O8. Its mine life is expected to run until 2036.

    2. McArthur River-Key Lake Mine

    Ownership:
    McArthur River mine
    69.805% — Cameco
    30.195% — Orano Canada
    Key Lake mill
    83.3% — Cameco
    16.7% — Orano Canada
    Province: Saskatchewan
    Mine type: Underground
    Deposit type: Unconformity-related

    The McArthur River-Key Lake operation is home to the McArthur River mine and Key Lake mill, respectively the largest high-grade uranium mine and largest uranium mill in the world, according to MDO.

    McArthur River was first brought into production in 2000 using raiseboring and blast hole stoping mining methods, but was put on care and maintenance temporarily in early 2018 due to low uranium prices. Cameco brought the mine and mill back into production in late 2022, progressively ramping up output over the next few years.

    Production in 2024 came in at 20.3 million pounds U3O8, up nearly 43 percent from the previous year’s output, and production guidance for 2025 has been set at 18 million pounds.

    McArthur River’s proven and probable reserves total 2.49 million metric tons grading 6.55 percent U3O8 for 359.6 million pounds of contained metal. Its mine life extends out to 2044.

    3. McClean Lake Mine and Mill

    Ownership:
    77.5% — Orano Canada
    22.5% — Denison Mines (TSX:DML)
    Province: Saskatchewan
    Mine type: Surface mine
    Deposit type: Unconformity-related

    The McClean Lake mine re-entered production in July 2025, 17 years after it was shuttered in 2008 due to low uranium prices made the operations uneconomic.

    After studies demonstrated that the joint venture partners’ patented surface access borehole resource extraction (SABRE) mining method could bring McClean back to life economically, the decision was made in January 2024 to bring the asset back into production.

    The site hosts multiple deposits, including the now-producing McClean North deposit. It also boasts the only mill in the world designed to process high-grade uranium ore without dilution, according to MDO. The mill has the capacity to produce 24 million pounds of uranium concentrate, or yellowcake, annually. Currently, the mill is processing ore from the Cigar Lake mine under a toll mining agreement.

    Proven reserves at McClean Lake are in the form of ore stockpiles, and total 90,000 metric tons at a grade of 0.37 percent for U3O8 for 700,000 pounds of contained metal. The site also hosts significant indicated and inferred resources of 25.4 million pounds across the McLean North, Sue D and Sue F deposits.

    The partners expect to produce approximately 800,000 pounds of U3O8 from McClean North in the first year of operations. In addition, mining at the McClean North and Sue F deposits has the potential to produce about 3 million pounds from 2026 to 2030.

    Upcoming Canadian uranium mines

    There are a handful of contenders for Canada’s next uranium mine: Patterson Lake South, Rook 1 and Wheeler River. None are in the construction stage yet, but most are expecting to come online in the next few years. Learn about the advanced uranium projects below.

    1. Patterson Lake South

    Ownership: Paladin Energy (TSX:PDN,ASX:PDN)
    Province: Saskatchewan
    Mine type: Underground
    Deposit type: Basement hosted vein-type or fracture-filled

    Currently in the permitting phase, the Patterson Lake South (PLS) project hosts the large, high-grade and near-surface Triple R deposit, which has the potential to produce both uranium and gold. The project has a probable mineral reserve estimate of 93.7 million pounds of contained uranium from 3 million metric tons grading 1.41 percent U3O8.

    The 2023 feasibility study for PLS highlights average production of approximately 9 million pounds U3O8 per year over a 10 year mine life.

    Paladin added the PLS uranium project to its portfolio in December 2024 via its acquisition of Fission Uranium. The company is continuing to develop the PLS’s resource potential outside of the Triple R deposit, with a significant focus on the project’s Saloon East zone. Advancing through the environmental permitting process remains ongoing.

    2. Rook 1

    Ownership: NexGen Energy (TSX:NXE)
    Province: Saskatchewan
    Mine type: Underground
    Deposit type: Basement-hosted, vein-type

    NexGen Energy’s Rook 1 project, home to the Arrow deposit, is in the permitting stage with a feasibility study completed in February 2021. Arrow hosts probable mineral reserves of 239.6 million pounds of U3O8 from 4.57 million metric tons of ore at a grade of 2.37 percent, as well as a measured and indicated resource of 256.7 million pounds from 3.75 million metric tons at 3.1 percent.

    Over its 11.7 year mine life, Rook 1 is expected to produce an average of 19.8 million pounds of U3O8 per year, including over 25 million pounds during the first five years.

    Provincial environmental assessment approval was granted in November 2023, and the federal environmental impact statement was accepted as final in January 2025. In March 2025, the company shared that the Canadian Nuclear Safety Commission has proposed hearing dates for the Rook I project on November 19, 2025, and February 9 to 13, 2026.

    NexGen states that a full project execution team is at the ready and the site is fully prepared for construction activities to commence following final federal approval.

    3. Wheeler River

    Ownership:
    95% — Denison Mines
    5% — Uranium Energy (TSX:UEC,NYSEAMERICAN:UEC)
    Province: Saskatchewan
    Mine type:
    Phoenix — In-situ recovery

    Gryphon — Underground
    Deposit type: Unconformity-related

    The Wheeler River uranium project, billed as the largest undeveloped uranium project in the eastern region of the Athabasca Basin, is home to the high-grade Phoenix and Gryphon deposits. Each deposit is considered a standalone asset, and the Phoenix deposit is the more advanced of the two.

    A feasibility study for the Phoenix deposit as an in-situ recovery operation was completed in mid-2023. In February 2025, Denison reported that the Canadian Nuclear Safety Commission is set to conduct hearings for the project’s environmental assessment and license to prepare and construct a uranium mine and mill on October 8 and December 8 to 12, 2025. If granted approval, Denison is prepared to start construction in early 2026, followed by first production by the first half of 2028.

    As for the Gryphon deposit, an update to the pre-feasibility study for a conventional underground mining operation was completed in 2023. Denison conducted a field program in the first quarter of 2025 as part of its efforts to support a feasibility study.

    Canadian uranium exploration companies

    Canada is also home to a slew of uranium exploration and development companies focused on discovering uranium in Saskatchewan, Nunavut and Newfoundland and Labrador.

      For more insight on the uranium companies operating in the Athabasca Basin discussed in this article, check out our breakdown of the 15 uranium companies exploring the basin.

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

      This post appeared first on investingnews.com

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      Russian drone crashes in Polish field as Warsaw protests airspace violation and plans formal complaint

      Politics 2 Mins Read

      A Russian drone may have crashed in a field in Poland, a move the country’s deputy prime minister called a ‘provocation,’ as the United States and European leaders continue to push Moscow to end its war in Ukraine. 

      The drone hit a cornfield in the village of Osiny in the eastern Lublin province, about 62 miles from Poland’s border with Ukraine, Reuters reported. 

      Deputy Prime Minister Wladyslaw Kosiniak-Kamysz, who also serves as defense minister, said Wednesday’s incident was similar to cases in which Russian drones flew into Lithuania and Romania, and could be linked to efforts to end the war in Ukraine, according to the outlet. 

      ‘Once again, we are dealing with a provocation by the Russian Federation, with a Russian drone. We are dealing with it in a crucial moment, when discussions about peace (in Ukraine) are underway,’ Kosiniak-Kamysz told journalists.

      Foreign Ministry spokesperson Pawel Wronski told Reuters that some experts have suggested a Russian version of the Shahed drone developed by Iran was involved in the latest incident.

      Polish Gen. Dariusz Malinowski said the drone had a Chinese engine and appeared to be a decoy that was designed to self-destruct.

      The blast shattered windows in several homes, but nobody was injured, the Polish PAP news agency reported.

      Police recovered burnt metal and plastic debris at the site.

      ‘I was sitting in my room at night, around midnight, maybe, and I heard something just bang,’ local resident Pawel Sudowski told local news website Lukow.tv. ‘It exploded so loudly that the whole house simply shook.’

      On X, Polish Foreign Minister Radoslaw Sikorski said his ministry would issue a protest against the airspace violation, without naming the perpetrator. 

      ‘Another violation of our airspace from the East confirms that Poland’s most important mission towards NATO is the defence (sic) of our own territory,’ he wrote. 

      The incident came as the Trump administration continues to broker talks between Russia and Ukraine to end the bloody three-year conflict. On Monday, Trump hosted Ukrainian President Volodymyr Zelenskiy and a group of European leaders at the White House.

      On Friday he met with Russian President Vladimir Putin in Alaska. 

      This post appeared first on FOX NEWS

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      Russian drone crashes in Polish field; Warsaw protests airspace violation and plans formal complaint

      Politics 2 Mins Read

      A Russian drone may have crashed in a field in Poland, a move the country’s deputy prime minister called a ‘provocation’ as the United States and European leaders continue to push Moscow to end its war in Ukraine. 

      The drone hit a cornfield in the village of Osiny in the eastern Lublin province, about 62 miles from Poland’s border with Ukraine, Reuters reported. 

      Deputy Prime Minister Wladyslaw Kosiniak-Kamysz, who also serves as defense minister, said Wednesday’s incident was similar to cases in which Russian drones flew into Lithuania and Romania and could be linked to efforts to end the war in Ukraine, according to the outlet. 

      ‘Once again, we are dealing with a provocation by the Russian Federation, with a Russian drone. We are dealing with it in a crucial moment, when discussions about peace (in Ukraine) are underway,’ Kosiniak-Kamysz told journalists.

      Foreign Ministry spokesperson Pawel Wronski told Reuters some experts have suggested a Russian version of the Shahed drone developed by Iran was involved in the latest incident.

      Polish Gen. Dariusz Malinowski said the drone had a Chinese engine and appeared to be a decoy that was designed to self-destruct.

      The blast shattered windows in several homes, but nobody was injured, the Polish PAP news agency reported.

      Police recovered burnt metal and plastic debris at the site.

      ‘I was sitting in my room at night, around midnight, maybe, and I heard something just bang,’ local resident Pawel Sudowski told local news website Lukow.tv. ‘It exploded so loudly that the whole house simply shook.’

      On X, Polish Foreign Minister Radoslaw Sikorski said his ministry would issue a protest against the airspace violation without naming the perpetrator. 

      ‘Another violation of our airspace from the East confirms that Poland’s most important mission towards NATO is the defence (sic) of our own territory,’ he wrote. 

      The incident came as the Trump administration continues to broker talks between Russia and Ukraine to end the bloody three-year conflict. On Monday, Trump hosted Ukrainian President Volodymyr Zelenskyy and a group of European leaders at the White House.

      On Friday, he met with Russian President Vladimir Putin in Alaska. 

      This post appeared first on FOX NEWS

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      NATO defense chiefs stress commitment to Ukraine, discuss security guarantees during virtual summit

      Politics 3 Mins Read

      The NATO Chiefs of Defense reaffirmed support for Ukraine in a virtual meeting Wednesday in Brussels that included all 32 allied military leaders and featured the first briefing in this format led by U.S. Gen. Alexus Grynkewich, the new Supreme Allied Commander Europe (SACEUR).

      U.S. Joint Chiefs of Staff Chairman Gen. Dan Caine attended the meeting virtually, along with Grynkewich, who also leads U.S. European Command, U.S. officials confirmed to Fox News on Tuesday.

      NATO officials said in a statement that the ‘candid discussion’ centered on what security guarantees the alliance might provide Ukraine as part of a potential peace agreement to end Russia’s three-year war.

      Col. Martin O’Donnell, spokesperson for Supreme Headquarters Allied Powers Europe, wrote on X that ‘the Supreme Allied Commander was honored to brief the Chiefs of Defense, his first in such a format. As he has said before, ‘these are consequential times.”

      ‘NATO has faced important times before — and these have only made our Alliance stronger. As we work through these important issues, we will all stay informed, engaged, and united in the defense of the Euro-Atlantic region and with NATO’s ongoing support to Ukraine as progress towards peace continues,’ he added.

      The Chair of NATO’s Military Committee also praised the discussions, writing on X that it was a ‘great, candid discussion among NATO Chiefs of Defence’ and an ‘excellent update on the security environment from our new SACEUR, his first with us.’

      The chair added that the meeting confirmed support for Ukraine, emphasizing the alliance’s focus on a ‘just, credible and durable peace’ and praising the ‘relentless courage’ of Ukrainian forces.

      According to the Associated Press, assurances that Ukraine won’t face another invasion are seen as central to any settlement, with Kyiv pressing for Western-backed military commitments, including weapons and training. European allies are working on options for a multinational security force that could backstop a peace deal.

      Wednesday’s virtual session unfolded against the backdrop of President Donald Trump’s push to steer Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy toward a settlement. Trump met with Putin last Friday in Alaska and hosted Zelenskyy and European leaders at the White House on Monday. 

      The reaffirmations come a day after Caine convened a smaller meeting in Washington with defense chiefs from Germany, the U.K., France, Finland and Italy to prepare for Wednesday’s broader NATO discussions.

      Russian Foreign Minister Sergey Lavrov criticized NATO discussions on Ukraine’s security conducted without Moscow’s involvement, warning that ‘this will not work’ and vowing Russia would ‘ensure its legitimate interests firmly and harshly,’ RIA Novosti reported, according to AP.

      The White House did not immediately return Fox News Digital’s request for comment.

      The Associated Press contributed to this report.

      This post appeared first on FOX NEWS

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      Trump-aligned legal group probes Biden-era organ transplant program over ethical concerns

      Politics 3 Mins Read

      A Trump-aligned legal group founded by White House aide Stephen Miller filed Freedom of Information Act requests Thursday targeting a Biden organ transplant program that critics warn could be open to abuse.

      The requests from America First Legal went to the Department of Health and Human Services, the Centers for Medicare & Medicaid Services, and the Health Resources and Services Administration. At issue is the Increasing Organ Transplant Access Model, a six-year mandatory program finalized in December 2024 and set to take effect in July 2025, which aims to expand access to kidney transplants but has drawn criticism from Trump officials who warn it may be vulnerable to outside influence.

      The model builds on earlier payment experiments, testing whether financial rewards and penalties can improve care and expand access for Medicare and Medicaid patients.

      Trump officials and allies, including America First Legal, argue the system risks distortion by outside interests — a charge that prompted AFL’s FOIA requests as part of a broader investigation.

      They cited in part recent findings from an HRSA-led probe published earlier this year. That investigation suggested third-party groups or for-profit organizations ‘may have unduly influenced the IOTA Model’— though their exact role or the extent they may have done so is unclear.

      HHS Secretary Robert F. Kennedy Jr. also cited concerns from the study, which the department said in a statement ‘revealed clear negligence and disturbing practices’ by a large organ procurement organization in the U.S., prompting him to launch a new reform initiative.

      In previewing the FOIA requests to Fox News Digital, AFL cited related concerns about patient safety, ethical misconduct, and discrimination in organ allocation, among other things.

      The requests ask HHS, CMS and HRSA for a long list of information regarding the program and related correspondence — including emails, letters and memos between agency personnel and third-party representatives about the development or implementation of the IOTA Model. They also seek meeting records, agendas and summaries of discussions involving agency staff and outside officials.

      The payment model will affect more than 100 U.S. transplant hospitals over six years, imposing mandatory financial incentives and penalties tied to a final performance score.

      IOTA was touted as a way to help increase access to organ donors and transplants in the U.S. and help address the long waiting list of patients awaiting a transplant, which as of last fall stood at roughly 90,000 people.

      Participating hospitals are evaluated for their performance in three key areas, according to CMS’s final rule, which took force in July, including the volume of kidney transplants, their matching efficiency, and post-transplant outcomes of their patients. But the role outside groups have played, including during the process of drafting the final rule, has prompted criticism and calls for additional scrutiny from Trump allies, including AFL. 

      Self-interested third parties should play no role in shaping America’s organ transplant policy,’ AFL counsel Laura Stell told Fox News Digital in a statement previewing the FOIA requests and broader investigation.

      ‘Where monetary incentives and penalties come into play, there must be utmost certainty that CMS developed the program without influence from entities with improper motives.’

      America First Legal, though not officially part of the Trump administration, was founded by longtime Trump adviser Stephen Miller after Trump’s first presidential term. 

      Miller stepped down from AFL before rejoining the White House in 2025 as Trump’s deputy chief of staff. 

      This post appeared first on FOX NEWS

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      ‘There are 50 swamps’: State Freedom Caucus Network helps conservatives fight the ‘uniparty’

      Politics 2 Mins Read

      Andrew Roth, president of the State Freedom Caucus Network, helms an organization fighting to help conservatives win and wield control of state governments across the nation.

      ‘There is a swamp in all 50 states. There are 50 swamps,’ Roth told Fox News Digital during a Tuesday interview, noting that ‘liberal Republicans’ join with Democrats to expand government.

      This ‘uniparty’ phenomenon exists in the U.S. Congress and in every state, Roth indicated, asserting that in red states many Democrats cannot win elections unless they don the Republican label.

      ‘They say they’re good on guns, and babies, and a few other things, but then they get in there, and they vote like liberals, growing government[.] ‘ Roth noted. 

      He said that while the goal of state freedom caucuses is to slash taxes and government, the first step is exposing ‘deceitful lawmakers for who they are. And then once you can do that, then you can hopefully start getting good people elected and then cut the budget, cut taxes, cut spending,’ he explained.

      So far, the organization boasts freedom caucuses in 13 of the 50 states, including Pennsylvania, Maryland, South Carolina, Georgia, Louisiana, Oklahoma, Illinois, Missouri, South Dakota, Wyoming, Montana, Arizona and Idaho – but deep red states like Texas and Florida are conspicuously absent from the list. 

      Asked whether this is because there are not enough conservative legislators in those states to form a freedom caucus, Roth replied, ‘That’s absolutely correct,’ explaining, ‘In Texas I could probably say there’s only one or two House members, and in Florida I’m not even sure I can say two.’

      There are ‘zero’ conservative state lawmakers in the Alabama, Tennessee and Mississippi state legislatures, he said.

      ‘This is a big, big problem’ he noted, ‘and I don’t think enough people realize how bad it is.’

      Roth indicated that the organization provides a state director in each freedom caucus state – those directors help read legislation, offer vote recommendations, work with other groups, and help with organizing and strategizing, he explained.

      Roth noted that Louisiana state Sen. Blake Miguez, a Republican who belongs to that state’s freedom caucus, is challenging incumbent GOP U.S. Sen. Bill Cassidy. 

      This post appeared first on FOX NEWS

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      Matt Geiger: Hard Assets at Turning Point, How I’m Investing Now

      Investing 1 Min Read

      Matt Geiger, managing partner at MJG Capital Fund, shares his thoughts on the resource sector, honing in on the health of the junior miners.

      In his view, after a decade of hit-or-miss performances, the best is yet to come.

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

      This post appeared first on investingnews.com

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      Homerun Resources: Establishing a Vertically Integrated Leader in High-purity Silica

      Investing 3 Mins Read

      Homerun Resources (TSXV:HMR,OTC:HMRFF,FSE:5ZE) is advancing a three-phase strategy to establish itself as a leading global supplier and processor of high-purity silica, transforming this critical material into high-value products for the renewable energy and advanced materials sectors.

      • Phase 1: Secured the Belmonte Silica District and established a logistics pathway.
      • Phase 2: Advancing construction of processing facilities and solar glass production capacity.
      • Phase 3: Expanding into downstream verticals, including energy storage, perovskite solar technology, and AI-driven energy solutions.

      Homerun is positioning itself across multiple high-growth industries where demand is accelerating, supply remains constrained, and pricing is strong. Brazil currently imports all of its solar glass and advanced silica components, creating a significant domestic supply gap.

      Global solar glass demand is projected to grow from US$13 billion in 2024 to nearly US$197 billion by 2034 (31 percent CAGR), while high-purity quartz (HPQ) is critical to achieving the efficiency and purity standards required for advanced applications.

      Supported by industrial tariffs and tax incentives in Brazil, Homerun’s **full-stack model — from silica sand through to finished solutions into downstream verticals such as energy storage, perovskite solar technology, and AI-driven energy solutions.

      Company Highlights

      • Vertically Integrated Growth Model: Multiple profit centers across HPQ silica, advanced materials, solar glass and perovskite PV on glass, energy storage and AI-driven energy management solutions.
      • Flagship Resource Advantage: Exclusive 40-year leases with the government of the State of Bahia over the Santa Maria Eterna silica sand deposit in Brazil with over 63.9 Mt combined measured and inferred at >99.6 percent silicon dioxide (SiO₂) and low iron impurities, enabling direct feed into solar glass.
      • Latin America’s First Solar Glass Facility: Planned 365,000 tpa plant adjacent to the resource, supported by LOIs with Brazil’s largest solar module manufacturers and a large competitive COGS and subsequent pricing advantage over Chinese imports.
      • HPQ Processing Plant Near-Term: 120,000 tpa initial capacity for ultra-pure (>99.99 percent SiO₂) silica, with rapid scalability and low relative capex and projected ROI.
      • Breakthrough Energy Storage Partnership: Collaborating with the US Department of Energy’s NREL on a thermal energy storage system using Homerun’s silica with ancillary revenue from purified product output.
      • Government-backed Execution: MOU with Bahia State Government and Municipality of Belmonte includes a 64.5-hectare land grant, tax incentives, expedited permitting, infrastructure upgrades and workforce training.
      • Strong Financing Pipeline: Advancing funding discussions with Brazil’s development bank, innovation agency, institutional investors and announced plan for a UK main board listing.

      This Homerun Resources profile is part of a paid investor education campaign.*

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