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Laramide Resources (TSX:LAM,ASX:LAM,OTCQX:LMRXF) announced that it has identified multiple target areas for a 15,000 meter drill program at its Chu-Sarysu project in Kazakhstan.

Uranium remains the company’s primary focus, but the asset is also prospective for rare earths and copper.

“This inaugural exploration program for Laramide in Kazakhstan is targeting high-grade, large-scale uranium deposits, amenable to cost-efficient and environmentally responsible in-situ recovery mining, and within a district that already hosts infrastructure and producing operations, which provides clear cost advantages,” said President and CEO Marc Henderson in a press release shared on Monday (September 15).

Situated in the Suzak District of the South Kazakhstan Oblast, Chu-Sarysu is located in one of Kazakhstan’s main uranium-producing basins. The country accounted for almost 40 percent of global U3O8 production in 2024, with the Chu-Sarsyu and neighboring Syr Darya basins contributing over 75 percent of the nation’s output.

Chu-Sasryu is Laramide’s only asset outside the US and Australia, and forms part of Laramide’s three year option agreement to acquire shares of Kazakh company Aral Resources. The agreement closed in December 2024, and Laramide has the option to acquire all of Aral’s shares and gain full ownership of the project.

As part of its efforts, Laramide has compiled a large dataset from Kazakhstan’s state National Geological Services with assistance from local geological contractors over the past year.

“We have found the Kazakhstan Government to be supportive of mineral exploration with policies that encourage foreign investment and streamline permitting,” Henderson added. “This creates a favourable environment for advancing new discoveries that can ultimately contribute to the growing global demand for nuclear fuel.”

Laramide submitted the required exploration work plans to Kazakhstan’s Ministry of Industry and Construction this year, and the remaining permits for drilling are currently being finalized.

Phase 1 of drilling is expected to begin toward the end of 2025.

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

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Coinbase Global (NASDAQ:COIN) said on Tuesday (September 16) that it is rolling out rewards on USD Coin (USDC) balances for Canadian users, offering returns of up to 4.5 percent

This marks the first time Canadians can automatically earn interest-like payouts simply by holding USDC on the platform. Coinbase customers in Canada will receive 4.1 percent annualized rewards on their USDC, paid weekly.

Members of Coinbase One, the company’s subscription service, can boost the rate to 4.5 percent on up to US$30,000 in holdings, while any amount above that earns the base 4.1 percent.

There are no lockups or opt-ins required, and users retain full access to withdraw or spend their USDC at any time.

USDC is a stablecoin that is pegged 1:1 to the US dollar and backed by reserves of cash and short-term US treasuries held with regulated institutions. Unlike volatile cryptocurrencies such as Bitcoin, stablecoins are designed to maintain price stability, making them more suitable for payments, savings and yield-generating products.

Angus Reid research conducted for Coinbase in August 2024 shows 83 percent of Canadians believe the global financial system needs an overhaul, while 91 percent think domestic banks prioritize profits over customers’ financial wellbeing.

Coinbase’s Canadian rollout builds on the company’s November 2024 introduction of USDC rewards through Coinbase Wallet, with a 4.7 percent annual yield offered to global users.

At the time, the company highlighted USDC’s utility in combining “the stability of the U.S. dollar with the power and speed of the internet,” enabling instant, borderless transactions.

“Along with earning rewards, you can send USDC on Base instantly and with zero fees,” Coinbase said when it launched the wallet-based program last year, noting that payouts would be deposited monthly into user accounts.

That feature was made available across most regions, including the US.

The wallet program also builds on another strategic advantage of stablecoins: cross-border efficiency. Transactions conducted on blockchain networks like Base, Coinbase’s Ethereum Layer 2 chain, are settled in real time, which means the fees and delays associated with traditional payment rails are sidestepped.

The Canadian launch arrives as stablecoins gain momentum in mainstream finance. Companies including Visa (NYSE:V), PayPal Holdings (NASDAQ:PYPL) and a growing number of fintech platforms have announced integrations in the past year, allowing users to pay, settle or transfer value using tokens like USDC and Tether’s USDT.

Coinbase is betting that frustration with legacy systems, combined with the appeal of higher yields and fast payments, will be enough to tip more users toward digital assets.

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

This post appeared first on investingnews.com

NVIDIA’s (NASDAQ:NVDA) new RTX6000D chip, built to comply with US export curbs, is seeing little demand from major Chinese firms, sources familiar with the matter told Reuters this week.

Tests showed it lags the banned RTX5090, which remains widely available through gray market channels at less than half the RTX6000D’s price of roughly 50,000 yuan (around US$7,000).

NVIDIA currently faces a balancing dilemma in China, where the US has barred exports of its most advanced processors to limit Beijing’s artificial intelligence (AI) progress, forcing the company to design downgraded models.

While sell-side analysts had forecast robust demand, including projections of 1.5 million to 2 million RTX6000Ds produced in the second half of 2025, some of China’s biggest technology buyers appear unconvinced.

Instead, tech giants Alibaba (NYSE:BABA), Tencent Holdings (OTC Pink:TCEHY,HKEX:0770) and ByteDance are waiting for clarity on shipments of NVIDIA’s H20, the most powerful AI processor the US has permitted the firm to sell in China.

The US reinstated licenses for the H20 in July, but deliveries have not restarted. Companies are also watching closely to see whether NVIDIA’s B30A, a stronger model still under review in Washington, will win approval.

Chinese tech firms turn to local alternatives

At the same time, NVIDIA is facing a longer-term challenge: leading Chinese firms are beginning to lean more heavily on their own silicon. Alibaba and Baidu (NASDAQ:BIDU) have started using internally designed chips to train AI models, according to the Information, marking a shift away from exclusive reliance on NVIDIA hardware.

Alibaba has deployed its chips for smaller AI models since early this year, while Baidu is experimenting with training new versions of its Ernie AI model using its Kunlun P800 processor.

According to the report, three employees who have worked with Alibaba’s chip said that its performance is now competitive with NVIDIA’s H20, a sign of the rapid improvement in China’s homegrown designs.

Neither Alibaba nor Baidu responded to requests for comment from Reuters.

In response to the report, NVIDIA said: “The competition has undeniably arrived … We’ll continue to work to earn the trust and support of mainstream developers everywhere.”

Although most companies still rely on NVIDIA chips for their most advanced systems, Beijing has made clear that it wants its local firms to reduce dependence on foreign suppliers by adopting domestic alternatives where feasible.

Regulatory pressure from Beijing

Compounding NVIDIA’s difficulties, China’s market regulator has accused the US chipmaker of violating anti-monopoly laws. The watchdog did not specify what conduct was under investigation, but said it will continue its probe.

NVIDIA refuted the allegations, stating that it has complied with Chinese law “in all respects” and pledging to cooperate with “all relevant government agencies.”

The company has been under scrutiny in China since December, when regulators launched an initial inquiry seen as a countermeasure in the wider semiconductor standoff with Washington.

NVIDIA CEO Jensen Huang said late last month that discussions with the White House over licensing a less advanced version of its next-generation chip for China “will take time.”

Separately, the company has reportedly struck a deal with US President Donald Trump to exchange 15 percent of its China sales revenue from H20 chips in return for export approvals.

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

This post appeared first on investingnews.com

GBM Resources (ASX:GBZ) announced it has regained ownership of the Mount Coolon gold project in Queensland following Newmont’s (TSX:NEM,NYSE:NEM,ASX:NEM) termination of a 2022 farm-in agreement.

GBM made the deal with Newcrest Mining before that company was acquired by Newmont in 2023.

Newmont’s withdrawal is part of its focus on divesting non-core assets to hone in on its more profitable and stable tier one operations. The company has made substantial adjustments to its portfolio this year.

GBM reacted positively to Monday’s (September 15) news, saying that regaining full ownership of the project aligns with its strategy to build a leading gold portfolio in the Drummond Basin.

“We are excited to regain 100 percent ownership, and our exploration team are enthusiastic about getting on the ground as we see significant upside on the Mt Coolon Tenure,” commented CEO Daniel Hastings.

Located within the Drummond Basin and near GBM’s Twin Hills and Yandan projects, Mount Coolon has a JORC resource of 6.65 million tonnes at 1.54 grams per tonne gold for 330,000 ounces of the metal.

Together, Twin Hills and Yandan hold a total resource of 1.84 million ounces of gold.

“With Twin Hills and Yandan nearby, we now control a substantial area of highly prospective ground within the Drummond Basin which provides GBM with the scale and flexibility to unlock significant value,’ Hastings added.

Newmont also announced the sale of its Coffee project in Yukon, Canada, to Fuerte Metals (TSXV:FMT,OTCQB:FUEMF) on Monday for potential total consideration of US$150 million. The company said that sale was also part of its efforts to streamline its portfolio and sharpen its focus on core operations.

On September 10, Newmont said it plans to voluntarily delist from the Toronto Stock Exchange.

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

House Minority Leader Hakeem Jeffries, D-N.Y., shared just a brief four-word response when a reporter asked him on Tuesday why he missed a congressional vigil for Charlie Kirk.

‘I had a meeting,’ Jeffries said when the matter was broached during his afternoon press conference.

House Speaker Mike Johnson, R-La., announced on Monday that Congress would hold a vigil later that evening to honor the conservative activist.

Kirk was assassinated last week when a gunman opened fire on him during a college campus speaking event in Utah.

Fox News Digital witnessed just a handful of House Democrats at the vigil, side by side with dozens of Republican lawmakers.

When asked why more Democrats did not attend, Jeffries said Tuesday, ‘I don’t know.’

‘I guess you’d have to talk to the individual Democrats as to what else was going on and why they were present or why they weren’t present,’ he said.

The vigil was held in the U.S. Capitol’s Statuary Hall in the 6 p.m. hour on Monday evening.

Democratic lawmakers who attended include Reps. Tom Suozzi, D-N.Y., Marie Gluesenkamp Perez, D-Wash., John Larson, D-Conn., Jimmy Panetta, D-Calif., Debbie Dingell, D-Mich., Chris Pappas, D-N.H., and Don Davis, D-N.C.

Notably absent were the top four House Democrats in senior leadership, including Jeffries.

Johnson, however, downplayed the lack of Democratic attendance in comments to reporters on Monday.

‘I honestly did not even see the composition of the group,’ he said when asked if he was disappointed in the number of Democrats who showed up.

‘I’m glad it was bipartisan, and I wish more had participated, and I’m not sure why they didn’t. So I don’t know what else we can do other than offer an all-member bipartisan vigil. And we’ve done that routinely for other things.’

Fox News’ Kelly Phares and Fox News Radio’s Ryan Schmelz contributed to this report.

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The federal trial of Ryan Routh, accused of attempting to assassinate President Donald Trump as he played golf in September 2024, resumes Tuesday with more FBI forensic experts scheduled to testify.

On Monday, jurors heard FBI Firearms and Toolmarks Examiner Erich Smith, who alleged the rifle found near the sixth hole of Trump International Golf Club was a Chinese-made Norinco SKS. Smith said the weapon was ‘in working condition’ when recovered, test-fired successfully at the FBI lab and was configured with a round in the chamber and the safety off — meaning it was ‘prepared to fire.’ 

He also testified the rifle’s serial number had been ‘obliterated in several places’ but could be partially restored.

Smith showed jurors the 7.62×39 mm full metal jacket rounds loaded in the rifle. 

‘Bullets are designed to put holes in things,’ he said. ‘It would have put a hole in something if it had hit the target.’

Routh, representing himself, cross-examined Smith about whether all SKS rifles are semi-automatic, whether test-firings were videotaped and whether the gun could have changed hands at a gun show before he obtained it. 

‘So, we’re just supposed to take your word for it? Routh asked Smith. 

Smith replied: ‘That’s what happened.’ 

Trump-appointed Judge Aileen Cannon sustained prosecution objections when Routh strayed beyond the scope of testimony. 

The court also heard from FBI biologist Curtis Gaul, who testified about collecting potential DNA samples from the rifle grip, a glove, zip ties and other items found. Routh cross-examined briefly, asking where the glove was found and whether Gaul knew who removed the rifle’s scope.

Cannon cut off questioning several times, urging both prosecutors and Routh to keep examinations moving. 

Jurors appeared confused during parts of Gaul’s testimony, as prosecutors referenced exhibit numbers without always displaying them. Meanwhile, Routh was seen leaning forward, taking notes and staring intently when fingerprints reportedly matching his own were displayed on a screen.

When court resumes Tuesday morning, prosecutors are expected to call FBI biologist Kara Gregor, followed by additional FBI specialists in digital forensics and supervisory roles as they continue building their case against Routh.

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Democrat Sen. Mazie Hirono of Hawaii clashed with FBI Director Kash Patel during a heated Senate Judiciary Committee hearing on Tuesday, questioning agency firing and counterterrorism priorities and even calling the bureau’s physical fitness requirements ‘harsh’ for applicants.

In an exclusive statement to Fox News Digital, Patel said, ‘Americans expect their FBI agents to be capable, resilient and ready to protect them.

‘That’s why, under my watch, every field office is receiving more trained agents, more boots on the ground and a renewed commitment to getting out from behind the desks and back onto the streets where they’re needed most. We’re rebuilding a bureau that earns the public’s confidence by being present, prepared and physically ready to do the job.’

The most viral clash came when Hirono pressed Patel on fitness standards.

‘One question I had is that you are now requiring applicants to be able to do a certain kind of pull-ups, which a lot of women cannot because of physiological differences. Are you requiring these kinds of pull-ups?’ Hirono asked.

Patel didn’t budge.

‘We are requiring everybody to pass the 1811 standards at BFTC. If you want to chase down a bad guy, excuse me, and put him in handcuffs, you had better be able to do a pull-up.’

Hirono replied, ‘There are concerns about whether or not being able to do these kinds of harsh pull-ups is really required of FBI agents.’

Patel interjected, ‘Doing one pull-up is not harsh, and there are always medical exemptions to that.’

According to the FBI recruitment website, ‘Starting in November 2025, pull-ups will be a required event for all candidates.’ For male recruits, 2-3 pull-ups are now a required minimum alongside the traditional Physical Fitness Test (PFT). For female candidates, one pull-up is the required minimum. 

Any additional pull-ups count to a recruit’s overall PFT score, with the maximum points received for 20 or more pull-ups capped at 10.

The White House’s official X account, @RapidResponse47, shared the exchange in a now-viral clip on X.

Beyond fitness standards, Hirono accused Patel of being loyal to Trump rather than the FBI.

‘Your most significant qualification … was your 100% loyalty to President Trump. And I fear that continues to be the motivating factor in your position as FBI director.’

Patel rejected that claim. 

‘That is an entire falsehood. You can delete my 16 years of government service to multiple administrations all you want. … There was no loyalty then. There’s no loyalty now to anything but the Constitution.’

Patel also used the hearing to share the bureau’s wins under his leadership. He pointed to 409 cyber arrests this year and 169 convictions, a 42% increase from the same time last year.

The FBI and the office of Sen. Mazie Hirono did not immediately respond to Fox News Digital’s request for comment.

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The Social Security Administration is pushing back against Sen. Elizabeth Warren, D-Mass., after she accused the agency of removing key data and covering up dysfunction.

In a Sept. 16, 2025 letter and data report shared exclusively with Fox News Digital, SSA Commissioner Frank J. Bisignano claimed Warren’s analysis was inaccurate. 

He said the agency is more transparent and performing better under the Trump administration than it did under the prior administration. The documents reflect SSA’s position and have not been independently verified.

‘SSA currently reports nearly three times the number of data elements on the performance webpage under the Trump Administration (30) than it did under the Biden Administration (11),’ Bisignano wrote.

‘These facts conclusively demonstrate that you are wrong in alleging a lack of transparency.’

He also pushed back on Warren’s charge of a cover-up, saying SSA has made improvements in customer service, including ‘shorter wait times on the phones and in offices, as well as reduced backlogs.’ Bisignano said 81 percent of performance measures are better than before, with the rest about the same.

According to SSA’s data, average phone wait times dropped from 29 minutes in 2024 to 16 minutes in 2025, with August down to just 9 minutes.

Pending disability determinations fell from nearly 1.2 million in August 2024 to about 907,000 a year later. Disability claim processing sped up from 231 days to 217 days. SSA reports retirement and survivor claims were processed on time 87% of the time in August 2025.

Bisignano wrote that the agency’s goal is to become a ‘digital-first’ operation that runs efficiently and serves people whether they call, visit an office or use the website. He said constant monitoring of key performance indicators is part of that effort.

He also urged Warren to work with SSA instead of spreading what he called ‘fearmongering and reckless lies that Social Security is going away.’

‘The time has come to stop weaponizing Social Security,’ he wrote. ‘The American people do not want a Social Security War Room. They want their leaders to protect and preserve Social Security, just as President Trump has promised.’

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President Donald Trump and first lady Melania Trump will receive a full royal welcome from King Charles III following their arrival to Windsor Castle on Tuesday night.

Wednesday’s festivities will kick off with Trump, the first lady and several top U.S. officials participating in a carriage procession with the king, queen and other members of the royal family. Ahead of the couple’s arrival, hundreds of staff worked through the halls and grounds of the nearly 1,000-year-old castle to ensure the monarch welcomed the couple in true royal fashion.

Trump is set to ride in the foremost carriage along with King Charles, while Melania will ride in a following carriage with the queen. Secretary of State Marco Rubio, Treasury Secretary Scott Bessent, White House chief of staff Susie Wiles and special envoy Steve Witkoff will also ride in follow-up carriages.

Ahead of his visit, Trump hailed the ‘great honor’ of being hosted by his ‘friend’ at ‘the ultimate’ Windsor Castle for his second state visit, the U.K.’s Standard reported.

‘My relationship is very good with the U.K., and Charles, as you know, who’s now king, is my friend,’ Trump told reporters, quoted by the outlet. ‘It’s the first time this has ever happened where somebody was honored twice. So, it’s a great honor.’

‘And this one’s at Windsor,’ Trump added. ‘And I don’t want to say one’s better than the other, but they say Windsor Castle is the ultimate, right? So, it’s going to be nice.’

‘Primarily it’s to be with Charles and Camilla,’ he continued. ‘They’ve been friends of mine for a long time, long before he was king, and it’s an honor to have this king.’

The centerpiece of Trump’s visit is set to be the banquet in St. George’s Hall. The Waterloo Table, about half the length of a football field, can seat up to 160 guests. The Associated Press reported it takes five full days to set the table, which is laid with more than 4,000 pieces, including 200-year-old silver.

The visit comes as the U.S. and U.K. continue trade negotiations, though the White House has not indicated that any deals will be announced during the event.

Trump is the first U.S. president to be invited for two state visits by a British monarch. The late queen hosted him and Melania in 2019 during his first administration.

Fox News’ Stephanie Nolasco contributed to this report

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LimeWire, the filesharing service that set the internet ablaze in the 2000s before being shut down for copyright infringement, said Tuesday that is acquiring the rights to Fyre Festival.

And it appreciates the irony.

‘LimeWire Acquires Fyre Festival Brand — What Could Possibly Go Wrong?’ the company titled its news release.

LimeWire said it would “unveil a reimagined vision for Fyre — one that expands beyond the digital realm and taps into real-world experiences, community, and surprise.” The company offered no additional details about how the Fyre brand will be relaunched.

For years, LimeWire operated as a competitor to fellow file-sharing platform Napster before being effectively shut down by a court ruling in 2010 after a judge ruled it had facilitated large-scale copyright violations. In 2022, Austrian brothers Julian and Paul Zehetmayr bought LimeWire’s intellectual property and turned it into an NFT service.

Fyre Festival was a 2017 music festival that saw ticket buyers spend thousands of dollars for a weekend in the Bahamas only to be met with a logistics debacle that included portable bathrooms taking the place of regular toilets, and low-budget food options that betrayed promises of celebrity chef fare. Organizer Billy McFarland was later convicted of fraud and sentenced to six years in prison.

“Fyre became a symbol of hype gone wrong, but it also made history,” LimeWire CEO Julian Zehetmayr said. “We’re not bringing the festival back — we’re bringing the brand and the meme back to life. This time with real experiences, and without the cheese sandwiches.”

LimeWire said its bid was backed by Maximum Effort, the creative agency co-founded by the actor and entrepreneur Ryan Reynolds.

“Congrats to LimeWire for their winning bid for Fyre Fest,” Reynolds said in the release. “I look forward to attending their first event but will be bringing my own palette of water.”

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