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More High-Grade Gold in Extensional Drilling Points to Growth Potential at Kamperman

Investing 5 Mins Read

Astral Resources NL (ASX: AAR) (Astral or the Company) is pleased to report assay results received from a 17-hole reverse circulation (RC) drill program for 2,954 metres completed at the Kamperman Deposit, part of its 100%-owned Feysville Gold Project (Feysville), located ~14km south of Kalgoorlie in Western Australia (Figure 1).

HIGHLIGHTS

Feysville Project

  • Assay results received for 17 RC holes (2,954m) drilled recently at Kamperman, part of the 100%-owned Feysville Gold Project in WA. The program tested a variety of targets designed both to increase the Mineral Resource and improve understanding of the deposit, with a specific focus on high-grade zones. Best results include:
    • 14m at 6.79g/t Au from 192m including 2m at 23.8g/t Au from 193m (FRC463)
    • 13m at 6.60g/t Au from 44m including 1m at 57.6g/t Au from 46m and 1m at 10.9g/t Au from 48m, 4m at 2.06g/t Au from 62m and 4m at 3.81g/t Au from 88m (FRC457)
    • 21m at 3.11g/t Au from 115m including 1m at 13.4g/t Au from 132m (FRC460)
    • 15m at 3.70g/t Au from 123m including 1m at 16.4g/t Au from 124m and 1m at 21.1g/t Au from 135m, 6m at 2.79g/t Au from 158m, 23m at 2.57g/t Au from 180m including 3m at 13.7g/t Au from 197m and 3m at 2.57g/t Au from 208m (FRC452)
    • 14m at 2.66g/t Au from 179m (FRC461)
    • 27m at 0.78g/t Au from 21m and 25m at 1.68g/t Au from 50m including 1m at 11.7g/t Au from 59m and 1m at 10.5g/t Au from 62m (FRC453)
    • 6m at 4.10g/t Au from 210m including 1m at 13.4g/t Au from 212m (FRC454)
  • The drill program has confirmed the presence of north-west striking high-grade gold mineralisation that is not currently included in the Kamperman Mineral Resource model, as well as confirming depth extensions to the southern lode and additional high-grade mineralisation in the footwall of the southern lode.
Mandilla Project
  • A 4-hole (1,641m) DD program has been completed on the eastern flank of the Theia deposit, part of the 100%-owned Mandilla Gold Project. The drill program was designed to test for a potential steeply dipping sub-parallel mineralised structure to the east of Theia. Best results include:
    • 4.15m at 33.2g/t Au from 164.3m including 0.5m at 269.6g/t Au from 165m, 12.13m at 1.29g/t Au from 173.87m including 0.3m at 23.4g/t Au from 173.87m and 1.79m at 6.21g/t Au from 253.47m including 0.58m at 17.6g/t Au from 253.82m (AMRCD140)
    • 0.3m at 30.7g/t Au from 336.26m (AMRCD139)
  • Quartz, pyrite and visible gold1 were intersected in each of the four holes, confirming the potential for Theia to host additional mineralised structures.
  • A 3-hole (775.6-m) DD program was also completed at Theia. The program was designed to target a previously intersected “230 Shear” structure. Drilling successfully intersected this distinct, narrow high-grade shear zone with best results including:
    • 1.57m at 22.8g/t Au from 168.59m including 0.6m at 59.2g/t Au from 169.56m, 7.12m at 1.42g/t Au from 175.08m including 0.3m at 25.9g/t Au from 175.51m, 8.73m at 0.95g/t Au from 222.44m and 4.90m at 1.28g/t Au from 259m including 0.3m at 13.7g/t Au from 262.07m (AMRCD137)
    • 2.27m at 4.94g/t Au from 161m including 0.47m at 22.8g/t Au from 161.93m and 5.33m at 1.08g/t Au from 202.85m (AMRCD138)

Astral Resources’ Managing Director Marc Ducler said: “The assay results from the recent RC program at Feysville have demonstrated the excellent potential for both the overall gold grade and the deposit size at Kamperman to increase.

“The program was highly successful in achieving its aims to extend interpreted high-grade gold zones beyond the existing Mineral Resource.

“The centrally located drill-hole, FRC457, returned an outstanding intercept of 13m at 6.60g/t Au, representing a very successful extension to a north-west striking high-grade ore shoot which appears to be projecting beyond the current deposit limits.

“Drill-hole FRC463 also returned a spectacular high-grade intercept. Drilled south and well beyond the current Resource testing for a south-plunging ore zone at depth, drilling successfully intersected 14m at 6.79g/t Au from 192m, to confirm one of our deepest zones of high-grade gold mineralisation so far and providing us with a hint of the greater potential still remaining at Kamperman.

“Over the Christmas period, Astral received notice from the DMPE of the grant of our Mining Licence application over areas of Feysville. This marks an important step as we progress towards submission of the Mining Proposal and execution of a JV agreement with Mineral Mining Services for the development of the Think Big Gold Mine. This would establish an early revenue opportunity for Astral against the backdrop of record gold prices to assist with securing overall development funding for the Mandilla Gold Project.

“Meanwhile at the cornerstone Theia deposit at Mandilla, we received assay results from two diamond drill programs, with further outstanding high-grade intercepts recorded.

“The first, a 3-hole program targeting the “230 Shear”, returned results such as 1.57m at 22.7g/t Au and 2.27m at 4.94g/t Au in separate holes, confirming the presence of this discrete, narrow, high-grade shear zone which strikes through the main Theia deposit.

“Importantly the shear, intersected in all three holes, remains mineralised at depth, with the potential to delineate additional sub-parallel repeats both within and extensional to Theia.

“A second 4-hole diamond drill program tested a potential steeply dipping sub-parallel structure to the east of Theia. As an initial positive sign visible gold was logged in all four holes, with a best result including a very high-grade intersection of 4.15m at 33.2g/t Au from 164.3m in hole AMDRCD137.

“Following our successful capital raise completed in December, Astral has funds on hand to maintain an aggressive exploration focus and complete the Mandilla DFS targeting a Final Investment Decision – all while maintaining a significant component of the equity requirement for development of the Mandilla Gold Project.

“Astral has ramped up exploration activities for 2026 with three drill rigs (2 RC and 1 DD rig) currently operating on site.”

Click here for the full ASX Release

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Cyprium Metals Limited (ASX: CYM) – Trading Halt

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Trading in the securities of Cyprium Metals Limited (‘CYM’) will be halted at the request of CYM, pending the release of an announcement by CYM.

Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of:

  • the commencement of normal trading on Friday, 23 January 2026; or
  • the release of the announcement to the market.

CYM’s request for a trading halt is attached below for the information of the market.

Issued by
ASX Compliance

Click here for the full ASX Release

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Walker Lane Resources Ltd. Completes an Updated Mineral Resource and Plans in 2026 to Advance Exploration Efforts and a Preliminary Economic Assessment in its Silver Hart Project, Yukon, Canada

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TSX-V: WLR
Frankfurt: 6YL

Standards of Disclosure for Mineral Projects and its Companion Policy 43-101CP with an effective date of January 6, 2026.

The report was co-authored by Ronacher McKenzie Geosciences Inc. who conducted a site visit in 2025 to verify work completed since the 2021 season that has been reported by WLR which included a drill program in 2022, a minor sampling program on the Silver Hart claims in 2024, completion of a trenching program and minor reconnaissance efforts on the adjoining and acquired Blue Heaven claims in 2024, and reclamation programs on all of the claims in 2023 and 2024.

Subject to financing WLR intends to conduct drilling, socio-economic, environmental and engineering studies and initiate a Preliminary Economic Assessment of the Silver Hart Project in 2026.

The CIM Standards require that an estimated mineral resource must have reasonable prospects for eventual economic extraction. A summary of the SHP mineral resource economic and technical parameters and/or assumptions is presented in Table 1 below. A pit-shell was optimized based on silver equivalent values calculated using the economic parameters in the table.

Table 1: Summary of the Siver Hart Project Economic and Technical Parameters/Assumptions

Item

Units

Extended

Mining cost

CAD$/t all material

10.00

Processing cost

CAD$/t crude feed

25.50

G&A cost

CAD$/t crude feed

5.00

Exchange rate

CAD$ to US$

0.75

Ag price

USD$/oz

23.30

Pb price

US$/metric tonne

1,892

Zn price

US$/metric tonne

2,505

Metallurgical recovery

Percentage

80

Overall pit slope

Degrees

45

Silver Equivalent Calculation:  AgEq g/t = [(Ag ppm x %Rec. x Price/g) + (Pb ppm x %Rec. x Price/g) + (Zn ppm x %Rec. x Price/g)]/ (Ag Price/g x %Rec).
Note: Rec. = metallurgical recovery. AgEq=Silver Equivalent.

Block grade interpolation was performed using the ordinary kriging (OK) technique. The estimated pit constrained mineral resources were classified as Inferred, despite some close drill hole spacing in some zones and the continuity of mineralization as confirmed by variography, mainly because of the lack of substantiated metal recoveries and suspect collar surveys. Table 2 summarizes the update MRE fpr the Silver Hart Project effective as at January 6, 2026.

Table 2: Silver Hart Project – Pit Constrained Mineral Resources at a Cut-off Grade of AgEq>=50 g/t 

Mining Method

Domain

Mass (Tonnes)

Average Value

Material Content

AgEq g/t

Ag g/t

Pb %

Zn %

AgEq

Million oz

Ag Million oz

Pb

Million lb

Zn

Million lb

Open

Pit

TM_Zone

269,000

229.8

152.7

0.56

1.88

1.985

1.319

3.3

11.1

S_Zone

127,000

334.5

262.1

0.36

1.90

1.368

1.072

1.0

5.3

KL_Zone

1,026,000

110.9

35.7

0.11

2.17

3.659

1.178

2.5

49.0

K_Zone

265,000

79.8

14.2

0.09

1.90

0.680

0.121

0.5

11.1

M_Zone

202,000

173.6

98.1

0.58

1.82

1.128

0.637

2.6

8.1

Total

1,889,000

145.2

71.3

0.24

2.03

8.820

4.327

9.9

84.7

Notes:

1.

The effective date of this mineral resource statement is January 6, 2026.

2.

The qualified person responsible for this Mineral Resource Estimate (MRE) is Charley Murahwi, M.Sc., P.Geo., FAusIMM.

3.

The mineral resources have been estimated in accordance with the CIM Best Practice Guidelines (2019) and the CIM Definition Standards (2014)

4.

Ordinary Kriging (OK) interpolation was used with a single block size of 5m x 5m x 5m.

5.

The Economic & Technical parameters/assumptions are summarized in Table 1.1 above.

6.

The mineral resource results are presented in-situ within the optimized pit. Mineralized material outside the pit has not been considered as a part of the current MRE.

7.

The tonnes and metal contents are rounded to reflect that the numbers are an estimate and any discrepancies in the totals are due to the rounding effects.

8.

Mineral resources unlike mineral reserves do not have demonstrated economic viability.

The report also noted that:

  • All the deposits remain open along strike in both directions and down dip, and, in particular, the largest deposit (KL zone). The likelihood of some of the deposits merging (i.e., K to KL, TM main to H and S to M) cannot be ruled out if a program of step out and infill drilling is implemented.
  • The growth potential for the mineral resource is satisfactory as the deposits remain open for expansion in all directions (i.e., strike in both directions and down dip).
  • Prospects for growing the resource via new discoveries appear favorable based on the fact that several known mineral occurrences and anomalies within the Silver Hart and the adjacent Blue Heaven claims remain to be test drilled for resource evaluation.
  • The early initial metallurgical tests completed previously in 1986 and, in 2006, do not have substantiated documentation regarding representativity and location of the samples and, thus, the need for a fresh start is warranted. Nonetheless, the general response of lead, zinc and silver to flotation in those early tests was generally positive.

The NI-43-101 MRE report has been filed on its SEDAR+ profile and will soon be published on the Company’s website at www.walkerlaneresources.com

Kevin Brewer, President and CEO of WLR, commented ‘The MRE is a major milestone in our exploration efforts at Silver Hart. The MRE was estimated at prices much lower than current spot metal prices, which if used in the silver equivalent calculation in the MRE calculation result in an improved silver equivalent grade. You can do the math. As a result, WLR now intends to advance our evaluation of this project to consider a production decision in the short term. Mineralization in all of the zones in the Silver Hart Project start at surface and therefore are expected to be amenable to small scale open pit mining. WLR and its predecessor company CMC Metals Ltd. have been working on this project for 20 years and it is now prepped to take the project to the next stage.’

Next Steps – Highlights of Proposed 2026 Exploration Program and Preparation of a Preliminary Economic Assessment

Walker Lane Resources Ltd. also announced that it is preparing to commence planning for the next stage of its exploration program and evaluation of the Silver Hart Project which will contribute to a potential development decision for the project.

Subject to financing, WLR intends to:

  • Complete 1,500-2,000 meters of exploration drilling to (i) extend the resources on the TM Zone (ii) to conduct infill drilling in the TM Zone with the objective of converting a majority of the inferred resources to indicated resources.
  • Conduct 1,000-1,500 meters of exploratory drilling on known areas of mineralization on the Blue Heaven claims.
  • Metallurgical testing including pre-concentration (ore sorting / dense heavy media separation) assessments.
  • Conduct additional environmental and socio-economic studies to support a possible development application for the project. This is expected to include examining opportunities for partnerships with local First Nations.
  • Initiate a Preliminary Economic Assessment of the project which will include preliminary engineering and a preliminary transportation/logistics analysis.

Qualified Persons

The resource evaluation work was completed by Mr. Charley Murahwi, M.Sc. P.Geo., FAusIMM and Richard Gowans, B.Sc, P.Eng of MICON International Limited. Mr. Murahwi conducted a personal inspection of the Silver Hart Project on August 17-20, 2021. Dr. Gloria Lopez, PhD, P.Geo. of Ronacher-McKenzie Geosciences Inc. was a contributing author and conducted a personal inspection of the Silver Hart Project on September 16, 2025. This information release has also been reviewed and approved by the Qualified Persons.

About Walker Lane Resources Ltd.

Walker Lane Resources Ltd. is a growth-stage exploration company focused on the exploration of high-grade gold, silver and polymetallic deposits in the Walker Lane Gold Trend District in Nevada and the Rancheria Silver District in Yukon/B.C. and other property assets in Yukon. The Company intends to initiate an aggressive exploration program to advance the Tule Canyon (Walker Lane, Nevada) and Amy (Rancheria Silver District, B.C.) projects through drilling programs with the aim of achieving resource definition in the near future.

For more information, please consult the Company’s filings, available at www.sedarplus.ca. Also please feel free to call Kevin at the number below.

ON BEHALF OF THE BOARD OF DIRECTORS

Kevin Brewer
CEO and Director
Walker Lane Resources Ltd.

Cautionary and Forward Looking Statements

This press release and related figures and/or tables, contain certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to as forward-looking statements). These statements relate to future events or our future performance. All statements other than statements of historical fact are forward-looking statements. The use of any of the words ‘anticipate’, ‘plans’, ‘continue’, ‘estimate’, ‘expect’, ‘may’, ‘will’, ‘project’, ‘predict’, ‘potential’, ‘should’, ‘believe’ ‘targeted’, ‘can’, ‘anticipates’, ‘intends’, ‘likely’, ‘should’, ‘could’  or grammatical variations thereof and similar expressions is intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. These statements speak only as of the date of this presentation. These forward-looking statements include, but are not limited to, statements concerning: our strategy and priorities including certain statements included in this presentation are forward-looking statements within the meaning of Canadian securities laws, including statements regarding the Tule Canyon, Cambridge, Silver Mountain, and Shamrock Properties in Nevada (USA), and its properties including Silverknife and Amy properties in British Columbia, the  Silver Hart, Blue Heaven and Logjam properties in Yukon all of which now comprise the mineral property assets of WLR. WLR has assumed other assets of CMC Metals Ltd. including common share holdings of North Bay Resources Inc. (OTC-US: NBRI) and all conditions and agreements pertaining to the sale of the Bishop mill gold processing facility and remain subject to the condition of the option of the Silverknife property with Coeur Mining Inc. (TSX:CDE). These forward-looking statements reflect the Company’s current beliefs and are based on information currently available to the Company and assumptions the Company believes are reasonable. The Company has made various assumptions, including, among others, that: the historical information related to the Company’s properties is reliable; the Company’s operations are not disrupted or delayed by unusual geological or technical problems; the Company has the ability to explore the Company’s properties; the Company will be able to raise any necessary additional capital on reasonable terms to execute its business plan; the Company’s current corporate activities will proceed as expected; general business and economic conditions will not change in a material adverse manner; and budgeted costs and expenditures are and will continue to be accurate.

Actual results and developments may differ materially from results and developments discussed in the forward-looking statements as they are subject to a number of significant risks and uncertainties, including: public health threats; fluctuations in metals prices, price of consumed commodities and currency markets; future profitability of mining operations; access to personnel; results of exploration and development activities, accuracy of technical information; risks related to ownership of properties; risks related to mining operations; risks related to mineral resource figures being estimates based on interpretations and assumptions which may result in less mineral production under actual conditions than is currently anticipated; the interpretation of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; changes in operating expenses; changes in general market and industry conditions; changes in legal or regulatory requirements; other risk factors set out in this presentation; and other risk factors set out in the Company’s public disclosure documents. Although the Company has attempted to identify significant risks and uncertainties that could cause actual results to differ materially, there may be other risks that cause results not to be as anticipated, estimated or intended. Certain of these risks and uncertainties are beyond the Company’s control. Consequently, all of the forward-looking statements are qualified by these cautionary statements, and there can be no assurances that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences or benefits to, or effect on, the Company.

The information contained in this presentation is derived from management of the Company and otherwise from publicly available information and does not purport to contain all of the information that an investor may desire to have in evaluating the Company. The information has not been independently verified, may prove to be imprecise, and is subject to material updating, revision and further amendment. While management is not aware of any misstatements regarding any industry data presented herein, no representation or warranty, express or implied, is made or given by or on behalf of the Company as to the accuracy, completeness or fairness of the information or opinions contained in this presentation and no responsibility or liability is accepted by any person for such information or opinions. The forward-looking statements and information in this presentation speak only as of the date of this presentation and the Company assumes no obligation to update or revise such information to reflect new events or circumstances, except as may be required by applicable law. Although the Company believes that the expectations reflected in the forward-looking statements and information are reasonable, there can be no assurance that such expectations will prove to be correct. Because of the risks, uncertainties and assumptions contained herein, prospective investors should not read forward-looking information as guarantees of future performance or results and should not place undue reliance on forward-looking information. Nothing in this presentation is, or should be relied upon as, a promise or representation as to the future. To the extent any forward-looking statement in this presentation constitutes ‘future-oriented financial information’ or ‘financial outlooks’ within the meaning of applicable Canadian securities laws, such information is being provided to demonstrate the anticipated market penetration and the reader is cautioned that this information may not be appropriate for any other purpose and the reader should not place undue reliance on such future-oriented financial information and financial outlooks. Future-oriented financial information and financial outlooks, as with forward-looking statements generally, are, without limitation, based on the assumptions and subject to the risks set out above. The Company’s actual financial position and results of operations may differ materially from management’s current expectations and, as a result, the Company’s revenue and expenses. The Company’s financial projections were not prepared with a view toward compliance with published guidelines of International Financial Reporting Standards and have not been examined, reviewed or compiled by the Company’s accountants or auditors. The Company’s financial projections represent management’s estimates as of the dates indicated thereon.

SOURCE Walker Lane Resources Ltd

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2026/21/c0060.html

News Provided by Canada Newswire via QuoteMedia

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Air Force One turns around shortly after takeoff for Trump’s trip to Switzerland

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Air Force One was forced to return to Joint Base Andrews shortly after takeoff Tuesday evening with President Donald Trump aboard, the White House said.

The crew experienced a ‘minor electrical issue’ after takeoff at 10:20 p.m. and returned ‘out of an abundance of caution,’ according to White House Press Secretary Karoline Leavitt.

Trump was en route to Davos, Switzerland, to attend the World Economic Forum.

Air Force One landed at Joint Base Andrews at 11:07 pm. The president is expected to board a different aircraft and continue on to Switzerland.

Leavitt joked aboard Air Force One that a Qatari jet sounded ‘much better’ at the moment.

The lights in the press cabin briefly went out after takeoff, reporters on board said.

This is a developing story. Please check back for updates.

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Netanyahu agrees to join Trump’s Gaza Board of Peace after initial pushback

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Israeli Prime Minister Benjamin Netanyahu said Wednesday he would join President Donald Trump’s new Board of Peace, after previously criticizing the makeup of its executive committee.

Netanyahu confirmed that he would join the newly established Board of Peace, which the Trump administration says will supervise the next phase of the Gaza peace plan.

The Israeli prime minister’s announcement comes after he initially pushed back on Trump’s proposal, following the inclusion of Turkey’s Foreign Minister Hakan Fidan and Qatari diplomat Ali Al-Thawadi as appointed members to a separate ‘Gaza Executive Board.’

Netanyahu’s office said that move was not coordinated with Israel and ‘runs contrary to its policy.’

The announcement coincides with Trump’s trip to the World Economic Forum meeting in Davos, Switzerland, where he is expected to provide more details about the board. Fox News confirmed that the president is planning to arrange a signing ceremony for the Gaza Board of Peace during his visit.

On Tuesday, when asked if the board should replace the United Nations, Trump said, ‘It might.’

Trump said that the world body ‘hasn’t been very helpful’ and ‘has never lived up to its potential,’ but added that the U.N. should continue to exist ‘because the potential is so great.’

On Jan. 16, the White House said the Board of Peace will play an ‘essential role’ in carrying out all 20 points of the president’s Gaza plan, including providing strategic oversight, mobilizing international resources and ensuring accountability as Gaza transitions from conflict to peace and development.

Dozens of countries have been invited, with notices going out over the weekend, according to officials, including Belarus, China, Ukraine, India, Canada, Argentina, Jordan, Egypt, Hungary, and Vietnam, among others.

Others, including the executive arm of the European Union, confirmed that they have received invitations, but have not responded.

On Monday, Trump confirmed that Russian President Vladimir Putin received an invitation to join the new board.

The Kremlin said Putin had received the invitation and was ‘studying the details,’ adding it will seek clarity on ‘all the nuances’ in communications with the U.S. government.

France also received an invitation, but does not plan to join ‘at this stage,’ according to a French official close to President Emmanuel Macron.

The White House has said Trump will chair the Board of Peace and be joined by senior political, diplomatic and business figures, including Jared Kushner, Secretary of State Marco Rubio, U.S. special envoy Steve Witkoff, and billionaire Marc Rowan.

Fox News Digital’s Landon Mion, Ashley Carnahan, Gillian Turner and The Associated Press contributed to this report.

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Former Rep. MTG dumps cold water on Trump’s Greenland acquisition ambitions: ‘We’ve heard that one before’

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Former Rep. Marjorie Taylor Greene — a Republican who left office earlier this year after a falling out with President Donald Trump last year — poured cold water on the president’s ambitions to add Greenland to the U.S.

‘We are approaching $40 Trillion in debt and Social Security is going to be insolvent by 2033. Is anyone even talking about how much it’s going to cost the American people to take over Greenland?’ Greene asked in a Tuesday post on X.

‘Saying it’s ‘for your safety’ is not sufficient. We’ve heard that one before and it didn’t turn out so well,’ she added.

The U.S. national debt is more than $38.46 trillion, according to fiscaldata.treasury.gov.

Trump has said the U.S. needs to acquire Greenland as a matter of national security.

‘The United States needs Greenland for the purpose of National Security. It is vital for the Golden Dome that we are building,’ he asserted in part of a Truth Social post last week.

‘China and Russia want Greenland, and there is not a thing that Denmark can do about it,’ he declared in part of another Truth Social post last week. 

‘Nobody will touch this sacred piece of Land, especially since the National Security of the United States, and the World at large, is at stake,’ he asserted. ‘Now, because of The Golden Dome, and Modern Day Weapons Systems, both Offensive and Defensive, the need to ACQUIRE is especially important.’

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Davos braces for Trump amid tensions over NATO, Greenland and global defense

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President Donald Trump has Europe on edge as he prepares to meet with foreign leaders in Davos, Switzerland, Wednesday and Thursday at the World Economic Forum.

The World Economic Forum is a Switzerland-based organization that convenes global political leaders, business executives, academics and activists each year in Davos to discuss major economic, political and social issues, with the U.S. and Trump expected to take center stage this year. Leaders from Germany to France to Norway and beyond are expected to attend. 

Calls for the U.S. to acquire Greenland and tariff threats loom over the event as Trump puts European allies on notice to reach a deal on the island by Feb. 1 or face the consequences. Goods from Denmark, Finland, France, Germany, the Netherlands, Norway, Sweden and the United Kingdom will face a 10% tariff if no deal is reached by February, with the taxes increasing to 25% by June 1 if there is no deal. 

Top European leaders have balked over Trump’s demands to make a deal on Greenland, citing that NATO allies can work together to ensure the Arctic is secure. Greenland is a self-governing Danish territory nestled between North America and Europe in the Arctic Circle. 

Trump wants to acquire the island — the largest island in the world –—from a national security standpoint, noting Russia’s and China’s growing presence in the Arctic. Greenland as a pivotal outpost during the Cold War because it was along the shortest routes between North America and the Soviet Union, allowing for speedy missile detection. 

The World Economic Forum kicked off Monday, with some European leaders questioning their relationship with the U.S. as tariff threats loom. The threats follow the U.S. and EU reaching a comprehensive trade framework in 2025 that fixed a 15% tariff level on most EU exports. 

‘The European Union and the United States have agreed to a trade deal last July,’ European Commission President Ursula von der Leyen said from Davos on Monday, according to The Associated Press. ‘And in politics as in business — a deal is a deal. And when friends shake hands, it must mean something.’

‘We consider the people of the United States not just our allies, but our friends. And plunging us into a downward spiral would only aid the very adversaries we are both so committed to keeping out of the strategic landscape,’ she added.

Greenland’s Prime Minister Jens-Frederik Nielsen said from a press conference in Nuuk ahead of the forum that there needs to be respect for ‘territorial integrity.’ 

‘International law, it’s not a game,’ he said. ‘We have been a close and loyal ally to the United States, to NATO, through many, many, many years. We can do lots more in that framework. We are willing to cooperate much more, but of course in mutual respect, and if we cannot see that, it will be very difficult to have a good and reliable partnership.’

Trump is set to hold a signing ceremony for the Gaza Board of Peace in Davos, Fox News confirmed Tuesday, which is styled as a new oversight body tied to the next phase of the Gaza peace plan. ‘Dozens’ of countries have been invited to join the board, Fox News confirmed. 

Some invited countries, however, have raised concerns about the terms of the proposed Gaza peace board, as participation would come with a substantial financial commitment, adding to the heightened tensions at the forum, Bloomberg reported. 

French President Emmanuel Macron, for example, has increasingly become a target for Trump’s criticisms and denied membership on the board. 

Macron’s office said the Board of Peace proposal ‘goes beyond the framework of Gaza and raises serious questions, in particular with respect to the principles and structure of the United Nations, which cannot be called into question,’ according to Politico. 

Trump threatened additional tariffs on France when asked about Macron’s refusal to join the board. 

‘I’ll put a 200 percent tariff on his wines and Champagnes and he’ll join. But he doesn’t have to join,’ Trump told reporters on Monday. 

Trump is expected to kick off his first day in Davos at about 8 a.m. EST for a day of events and meetings, before returning to the U.S. Thursday. 

Fox News Digital’s Ashley Carnahan contributed to this report. 

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Comer dares Democrats to advance Clinton contempt of Congress resolutions or ‘be exposed as hypocrites’

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House Oversight Committee Chairman James Comer, R-Ky., is calling for bipartisanship on a key vote that could lead to former President Bill Clinton and ex-Secretary of State Hillary Clinton facing criminal charges.

Comer will ask Democrats to join Republicans in teeing up House-wide votes on holding the Clintons in contempt of Congress on Wednesday, after both defied subpoenas to appear for his committee’s probe into Jeffrey Epstein.

‘The Committee does not take this action lightly. But subpoenas are not mere suggestions; they carry the force of law and require compliance,’ Comer will say, according to an excerpt obtained by Fox News Digital. ‘Former President Clinton and Secretary Clinton were legally required to appear for depositions before this Committee. They refused.’

Comer’s statement will also argue the committee ‘acted in good faith’ in trying to schedule the depositions but that ‘actions have consequences.’

‘We’ve offered flexibility on scheduling. The response we received was not cooperation, but defiance, marked by repeated delays, excuses, and obstruction,’ Comer will say. ‘Today, the Clintons must be held accountable for their actions. And Democrats must support these measures, or they will be exposed as hypocrites.’

The committee is meeting at 10 a.m. on Wednesday to mark up a pair of reports on holding the Clintons in contempt. 

If they pass — which they are expected to do, largely along party lines — it will pave the way for the full House to vote on whether to refer the Clintons to the Department of Justice (DOJ) for prosecution.

‘We must do what is necessary to uphold Congress’s investigative authority, which is imperative to the legislative process,’ Comer will say. ‘And we are doing so to demonstrate to the American people that justice is applied equally to everyone, regardless of position, pedigree, or prestige.’

A contempt of Congress conviction is a misdemeanor that carries a maximum fine of $100,000 and up to one year in jail.

Steve Bannon and Peter Navarro, associates of President Donald Trump, were each found guilty of the charge after defying subpoenas sent by the now-defunct House select committee on the Jan. 6 Capitol riot.

The Clintons were two of 10 people Comer subpoenaed over the summer as part of the Oversight Committee’s probe into Epstein. But despite the initial bipartisan push, the investigation has fallen into partisan infighting as both sides accuse the other of politicizing the probe at the expense of Epstein’s victims.

Rep. Robert Garcia, D-Calif., the top Democrat on the committee, accused Comer of hypocrisy in trying to hold the Clintons accountable while not pushing harder to enforce the subpoena aimed at forcing the DOJ to release all of its Epstein files, which it has not yet done.

‘I think it’s incredibly hypocritical for James Comer to go out and try to hold in contempt his political enemies while [Attorney General Pam Bondi] is actively breaking the law, and he refuses to hold her in contempt,’ Garcia told MS NOW last week.

Comer also issued a statement on Tuesday stating that he rejected an offer from Bill Clinton’s lawyer for himself and Garcia to sit down with the former president in New York, for an interview without an ‘official transcript.’

‘The House Oversight Committee rejects the Clintons’ unreasonable demands and will move forward with contempt resolutions on Wednesday due to their continued defiance of lawful subpoenas,’ Comer said.

This post appeared first on FOX NEWS

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Business

Valentino, founder of Italian luxury empire, dies at 93

Business 3 Mins Read

ROME — Italian fashion designer Valentino Garavani has died, his foundation said Monday.

Usually known only by his first name, Valentino was 93, and had retired in 2008.

Founder of the eponymous brand, Valentino scaled the heights of haute couture, created a business empire and introduced a new color to the fashion world, the ‘Valentino Red.’

‘Valentino Garavani passed away today at his Roman residence, surrounded by his loved ones,’ the foundation said on Instagram.

He will lie in state Wednesday and Thursday, while the funeral will take place in Rome on Friday, it added.

Ira de Fürstenberg, president of Valentino Parfums, alongside Valentino Garavani in his perfume laboratory in 1978.Alain Dejean / Getty Images file

Valentino was ranked alongside Giorgio Armani and Karl Lagerfeld as the last of the great designers from an era before fashion became a global, highly commercial industry run as much by accountants and marketing executives as the couturiers.

Lagerfeld died in 2019, while Armani died in September.

Valentino was adored by generations of royals, first ladies and movie stars, from Jackie Kennedy Onassis to Julia Roberts and Queen Rania of Jordan, who swore the designer always made them look and feel their best.

“I know what women want,” he once remarked. “They want to be beautiful.”

Italian fashion designer Valentino.Andrea Blanch / Getty Images file

Never one for edginess or statement dressing, Valentino made precious few fashion faux-pas throughout his nearly half-century-long career, which stretched from his early days in Rome in the 1960s through to his retirement in 2008.

His fail-safe designs made Valentino the king of the red carpet, the go-to man for A-listers’ awards ceremony needs.

His sumptuous gowns have graced countless Academy Awards, notably in 2001, when Roberts wore a vintage black and white column to accept her best actress statue. Cate Blanchett also wore Valentino — a one-shouldered number in butter-yellow silk — when she won the Oscar for best supporting actress in 2004.

Valentino and a group of models in his designs during a fashion show in Paris in 1993.Gamma-Rapho via Getty Images file

Valentino was also behind the long-sleeved lace dress Jacqueline Kennedy wore for her wedding to Greek shipping magnate Aristotle Onassis in 1968. Kennedy and Valentino were close friends for decades, and for a spell, the one-time U.S. first lady wore almost exclusively Valentino.

He was also close to Diana, Princess of Wales, who often donned his sumptuous gowns.

Beyond his signature orange-tinged shade of red, other Valentino trademarks included bows, ruffles, lace and embroidery; in short, feminine, flirty embellishments that added to the dresses’ beauty and hence to that of the wearers.

Perpetually tanned and always impeccably dressed, Valentino shared the lifestyle of his jet-set patrons. In addition to his 152-foot yacht and an art collection including works by Picasso and Miro, the couturier owned a 17th-century chateau near Paris with a garden said to boast more than a million roses.

This post appeared first on NBC NEWS

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Investing

Graphite Market Forecast: Top Trends for Graphite in 2026

Investing 7 Mins Read

The graphite market was dominated by oversupply, trade disputes and China’s continued grip in 2025.

Prices hit multi-year lows as a US investigation into Chinese anode imports highlighted the vulnerability of the electric vehicle (EV) supply chain, with tariffs and anti-dumping duties creating uncertainty for North American producers.

Although natural graphite output has risen from 966,000 metric tons in 2020 to 1.6 million metric tons in 2024, China accounts for nearly all recent supply growth and also dominates refining.

The nation is projected to control roughly 80 percent of battery-grade graphite production through 2035.

Outside the Asian nation, analysts note that US and European producers face high costs and limited alternatives, with trade tensions and tariffs further constraining non-China supply.

While graphite projects in Madagascar and Mozambique offer some diversification of supply, graphite refining capacity remains heavily concentrated, leaving the market exposed to supply shocks.

A US-China trade agreement made late in 2025 eased volatility in the natural anode market, but oversupply and weak demand continue to pressure flake graphite prices as the year closed.

“The agreement between the US and China to roll back planned export restrictions on markets such as graphite is set to provide a stable picture for the next year,” wrote Fastmarkets’ Andrew Saucer in a November update.

“However, for graphite, it leaves many existing trade barriers in place which should solidify shifts in how China and the US are finding alternatives to each other in their natural and synthetic supply chains.’

Graphite prices under pressure

Speaking at the Benchmark Week conference in November 2025, Adam Webb, head of energy raw materials at Benchmark Mineral Intelligence, explained why flake graphite prices — as well as the majority of the battery metals suite — saw weak prices through early 2025, despite a promising demand outlook.

“Essentially, what’s happened here is demand has grown very strongly, but supply growth has actually outpaced demand growth,” Webb said. “Therefore you’ve got the markets in a surplus, and that weighs on prices.”

As graphite prices sank in 2024, a ripple effect impacted supply, hitting the production side hard.

“With flake graphite, you’ll notice it’s actually supply has increased less than demand, and that is because prices were so low that in 2024 you had significant Chinese capacity come offline,’ Webb commented.

‘Also in flake graphite you have competition with synthetic graphite.”

Graphite anodes remain the dominant choice for lithium-ion batteries, but price divergence has sharpened competition between natural and synthetic materials.

Synthetic graphite is expected to retain the largest market share in the near term, thanks to its superior fast-charging performance, durability and electrolyte compatibility. However, natural graphite is gaining attention for its lower cost, higher capacity and lower energy intensity. This competition has divided the market as prices for flake graphite remain low, further pressured by weak demand in the industrial segment.

“Flake pricing on the other hand continues to feel the impact of lower steel demand in 2025 amid declines in Asian and European production in the first seven months of the year,” a September Fastmarkets report notes.

“Expectations among market participants are that production in China will continue to decline through the end of the year and continue to weigh on overall global production.”

Energy storage surge to underpin long-term graphite demand

Despite the market challenges noted by Benchmark’s Webb, the metals consultancy and price reporting agency forecasts 9 percent growth in graphite demand between 2025 and 2035.

This uptick will be strongly supported by a rise in the EV and battery energy storage system (BESS) segments.

“Flake graphite, you’ll see that that price is going up despite the oversupplied market, and that is because to meet that rising demand, there needs to be more supply coming online, and a lot of that supply coming online is high cost. So that’s going to push up the price support, basically, gradually through time,” Webb said.

The BESS market emerged as a major growth driver in 2025, reinforcing long-term demand for battery raw materials, including graphite. As Benchmark outlines, the market for BESS is expected to register roughly 44 percent growth for 2025, almost double the rate of overall lithium-ion battery demand.

As a result, energy storage is set to account for a quarter of total battery demand in 2025.

In North America, momentum has been uneven.

While interest in large-scale storage remains strong, BESS integrators faced mounting pressure in 2025 due to limited domestic battery cell supply, project delays and shrinking margins.

Several leading system providers reported weaker financial results, highlighting the risks of heavy reliance on imported cells and fragmented supply chains.

In Europe, deployed energy storage capacity surpassed 100 gigawatts by November, with batteries accounting for the vast majority of new installations. China, by contrast, saw a renewed surge in energy storage battery shipments. Policy reforms introduced under “Document No. 136” shifted renewable power toward market-based pricing and removed mandatory storage requirements, allowing battery projects to compete on commercial returns.

Together, these regional dynamics underline the growing importance of stationary storage in the global battery market. As BESS capacity expands alongside EVs, demand for graphite anodes is expected to remain structurally strong, even as supply chains and pricing face continued adjustment.

Establishing an ex-China anode supply chain

At Benchmark Week, industry insiders agreed graphite demand will continue to rise through the decade, but the anode supply chain remains constrained by China’s dominance and the high cost of building alternatives elsewhere.

Today, more than 90 percent of battery-grade anode material is sourced from China, a concentration that has become increasingly untenable for western automakers and cell manufacturers.

“Customers are actively looking for diversification,” said Michael O’Kronley, CEO of Novonix (ASX:NVX,OTCPL:NVNXF), noting that supply security has shifted from a long-term aspiration to an immediate priority.

Yet replacing Chinese supply is proving far from straightforward.

A panel featuring graphite executives highlighted that anode qualification can take years, requiring extensive testing to ensure materials perform consistently over a battery’s full lifespan.

“Battery materials aren’t qualified overnight,” O’Kronley said. “It takes years of co-development and patient capital.”

Cost remains the central obstacle. Building an anode plant in North America can cost three to 10 times more than in China, while customers remain reluctant to pay a premium. “A new supply chain has to be paid for somewhere,” O’Kronley warned, arguing that government support is essential if diversification is to scale.

Natural graphite producers face similar pressures.

Financing has become more difficult amid weak prices, even as long-term demand expectations remain strong.

“We expect demand growth closer to 2030,” said Patrice Boulanger, vice president of sales, marketing and business at Québec-focused Nouveau Monde Graphite (NYSE:NMG), adding that government offtake agreements are increasingly critical to unlocking private financing.

Despite growing interest in silicon, lithium metal and other next-generation anodes, the panelists were unanimous that graphite will remain dominant.

“Graphite is clearly here to stay,” said Viren Hira of Syrah Resources (ASX:SYR,OTCPL:SYAAF), with both natural and synthetic materials expected to underpin battery growth through at least the next decade.

Adding context during his own presentation at Benchmark Week, Webb outlined how cost dynamics are reshaping the anode market, particularly the balance between synthetic and natural graphite.

“On the anode side, we’ve seen a move towards synthetic graphite,” he said, noting that the shift has been driven less by performance and more by economics. Producers, he explained, have increasingly turned to lower-quality, lower-cost feedstocks, enabling them to reduce production costs.

As a result, prices for synthetic anode material have fallen, making it more competitive and supporting its growing share of battery anode demand.

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

This post appeared first on investingnews.com

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