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Newmont (TSX:NGT,NYSE:NEM,ASX:NEM) is preparing to withdraw from the TSX, the latest in a string of moves to streamline operations and rein in costs following its US$15 billion takeover of Newcrest Mining in 2023.

The Denver-based miner said on Wednesday (September 10) that it has applied for a voluntary delisting of its common shares from the TSX, effective at the close of trading on September 24.

The company cited “low trading volumes” on the Canadian exchange, and said the decision is expected to “improve administrative efficiency and reduce costs for the benefit of Newmont’s shareholders.”

Newmont’s shares will continue to trade on the NYSE, where it maintains its primary listing, as well as on the ASX and the Papua New Guinea Stock Exchange under the ticker symbol NEM.

Rising costs and restructuring plans

Newmont’s all-in sustaining costs reached record levels earlier this year, eroding profits even as bullion prices hit all-time highs above US$3,500 per ounce in April and remained above US$3,300 through most of the summer.

The company has acknowledged that its cost base has outpaced peers.

In the second quarter, Newmont’s costs were nearly 25 percent higher than those of Agnico Eagle Mines (TSX:AEM,NYSE:AEM), a Canadian rival considered one of the industry’s leanest producers.

Newmont’s costs have risen more than 50 percent over the past five years, driven by higher energy, labor and material prices, as well as integration expenses tied to Newcrest’s operations.

CEO Tom Palmer told investors in July that Newmont was pursuing additional measures to lower its expenses.

Behind the scenes, Newmont has been preparing for more aggressive measures.

People familiar with the matter told Bloomberg News that management has set an internal target to lower costs by as much as US$300 per ounce, or roughly 20 percent. Meeting that benchmark could require thousands of layoffs across the company’s global workforce of about 22,000, excluding contractors.

While Newmont has not disclosed the scope of planned reductions, some employees have already been informed of redundancies, according to the report. Managers have also been briefed on potential curbs to long-term incentive programs as part of a broader restructuring. A company spokesperson confirmed earlier this year that Newmont launched a cost and productivity improvement program in February.

Alongside cost cutting, Newmont has moved to divest non-core assets acquired in the Newcrest deal.

Since late 2024, the company has sold multiple Canadian operations: the Eleonore mine for about US$795 million, the Musselwhite mine in Ontario for US$850 million and its stake in the Porcupine operations for US$425 million.

The asset sales are intended not only to cut debt at the company, but also to sharpen its focus on higher-margin operations, particularly in North America and Australia.

Despite higher costs, Newmont shares have surged 95 percent this year; the company also announced a US$3 billion share repurchase program in July.

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

This post appeared first on investingnews.com

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

Republican Sen. Rand Paul of Kentucky strongly objected after Vice President JD Vance asserted in a Saturday post on X that ‘Killing cartel members who poison our fellow citizens is the highest and best use of our military.’

‘JD ‘I don’t give a s[—]’ Vance says killing people he accuses of a crime is the ‘highest and best use of the military.’ Did he ever read To Kill a Mockingbird? Did he ever wonder what might happen if the accused were immediately executed without trial or representation??’ Senator Paul wrote. ‘What a despicable and thoughtless sentiment it is to glorify killing someone without a trial.’ 

In a Truth Social post last week, President Donald Trump shared video footage of what he said was ‘a kinetic strike against positively identified Tren de Aragua Narcoterrorists’ who he said ‘were at sea in International waters transporting illegal narcotics, heading to the United States.’

Someone responded to Vance by writing that, ‘Killing the citizens of another nation who are civilians without any due process is called a war crime.’ 

But the vice president swiftly fired back.

‘I don’t give a s[—] what you call it,’ Vance declared.

GOP Sen. Bernie Moreno of Ohio pushed back against Paul.

‘What’s really despicable is defending foreign terrorist drug traffickers who are *directly* responsible for the deaths of hundreds of thousands of Americans in Kentucky and Ohio. JD understands that our first responsibility is to protect the life and liberty of American citizens,’ Moreno wrote on on X.

This post appeared first on FOX NEWS

South Harz Potash Limited (ASX:SHP) (South Harz or the Company) is pleased to announce that it has entered into an option heads of agreement to acquire the Glava Copper-Gold-Silver project in south-western Sweden. The acquisition marks the first step in the Company’s transition toward a diversified, multi-asset exploration and development strategy.

South Harz Executive Chairman Mr Len Jubber, commented:

“The Glava acquisition option represents an exciting milestone and opportunity for South Harz to leverage our European footprint into one of the most geologically prospective and underexplored copper-gold provinces in Scandinavia. This first step transforms South Harz into a diversified resources company, moving from a single asset company towards a broader regional platform. While we maintain strategic patience with our large-scale South Harz Potash Project, we are broadening our portfolio to include metals essential to global supply chains and the energy transition.

The Glava Project offers immediate discovery potential, hosting visible bornite, covellite, and chalcocite epithermal mineralisation with gold, silver and tellurium in outcropping vein systems, including historic
artisanal production of over 10% copper. Negligible glacial till allows for the use of proven, cost-effective exploration techniques. Initial field activities, including a magnetic survey have been completed under
the guidance of McKnight Resources and we look forward to analysing and interpreting the gathered information in the coming weeks. We are committed to systematically exploring Glava’s potential, while continuing to evaluate complementary opportunities to strengthen the portfolio and create sustained shareholder value.”

Highlights

  • Option Agreement executed to acquire Glava Cu-Au-Ag Project, located in Värmland Province, Sweden
  • First potential acquisition under South Harz’s diversified asset growth strategy, expanding its portfolio into critical (base) and precious metals alongside German potash assets
  • High-grade epithermal copper mineralisation, with associated gold, silver and tellurium, confirmed by recent sampling. Historic artisanal mining recorded up to 10.5% Cu
  • Negligible glacial till allows for use of proven, cost-effective exploration techniques
  • Ground magnetic survey and rock chip sampling completed in November 2025, with results to feed into drill target generation
  • Option Agreement includes strategic relationship with vendors McKnight Resources AB, resulting in established and experienced exploration capability in Sweden
  • The potential acquisition delivers immediate discovery opportunity, while preserving the long term value and optionality in the perpetual tenure across the SHP German potash projects

The Glava Project

The Glava Project, which is located in Sweden’s Värmland region (Figure 1), covers 430Ha under a single exploration licence within the eastern extensions of the Proterozoic Grenville Orogenic Belt, an emerging copper-gold exploration district extending through Scandinavia, the UK, Greenland and Newfoundland.

The project area comprises a highly prospective and underexplored copper-gold system with a history of high-grade artisanal production. It hosts outcropping bornite, covellite and chalcocite mineralisation, and visible tellurides, as described in the Sweden Geologiocal Survey (SGU) database, at two mineral occurrences, namely Glava Koppagruvor and Skarpning SV Glava (Figure 1). The telluride minerals are frequently a component of epithermal deposits. This acquisition gives South Harz immediate exploration access to critical and precious metals in a Tier-1 European jurisdiction.

Historic records show that artisanal mining at Glava Koppargruvor produced about 2,280 tonnes of rock, including 49 tonnes with a grade of 10.5% Cu, as well as additional enriched ore stockpiles from shallow early 20th-century workings (Lundegårdh 1995). Two main accessible shallow open pits (East and West), together with an abandoned 14m deep shaft, provided opportunities for a modern assessment of the geological setting and sampling of the material on the adjacent waste dumps (Figure 2). Mineralisation is structurally controlled along a north-south oriented fracture array that intersects the shallow-south-dipping meta-sediment host rocks. The target zone is interpreted to be dipping towards the south (refer Figure 2, Longitudinal Section).

Click here for the full ASX Release

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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

Rapid Critical Metals Limited (‘Rapid,’ ‘RCM’ or ‘Company’) is pleased to announce that it has completed the acquisition of the Webbs Consol Silver Project (Webbs Consol) in northeast New South Wales, comprising EL 8933 and EL 9454 from Lode Resources Limited (ASX: LDR) (Lode Resources).

The Board sees the acquisition of the Webbs Consol as a highly accretive strategic investment for Rapid which:

  • Builds critical mass to the Company’s existing Webbs and Conrad high grade deposits;
  • Secures a district-scale silver corridor by consolidating contiguous tenure across a high- grade silver belt in the New England Fold Belt;
  • Unlocks new discovery potential with adjoining tenure, increasing the likelihood of new discoveries between the two high grade silver deposits;
  • Consolidates ownership of three nearby, high-grade deposits supporting unified mine planning, centralised processing options, and potential operating synergies; and
  • Positions Rapid for growth with proximity to existing infrastructure and strong silver market fundamentals, providing a favourable backdrop for accelerated development.

Commenting on the completion of the Webbs Consol acquisition, Byron Miles, Managing Director of Rapid, said:

“The completion of the acquisition of the Webbs Consol builds on the Board’s strategy of becoming one of the ASX’s leading silver-focused growth Companies with a platform in New South Wales with significant potential for further growth.

We have now secured a contiguous silver corridor with outstanding geological prospectivity and opened up exciting potential for new discoveries in the area.

With a prospective portfolio of assets and a team focused on execution and delivery, we are well placed to accelerate exploration and development activities to create long-term value for our shareholders.”


Click here for the full ASX Release

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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

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

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

Nevada Sunrise Metals (TSXV:NEV,OTCP:NVSGF) is a Nevada-focused exploration company with a portfolio spanning gold, copper and lithium projects. Nevada ranked as the world’s second most attractive exploration jurisdiction in 2024, providing a strong foundation for the company’s growth strategy.

The Griffon Gold Mine project, a past-producing gold asset located within the prolific Battle Mountain–Eureka Trend. Griffon hosts Carlin-type mineralization, produced 62,661 ounces of oxide gold from 1998 to 1999, and benefits from extensive historical drilling, favorable host stratigraphy and new target zones identified by VRIFY’s DORA A.I. predictive modeling. Ongoing geophysics and geochemical programs in 2025 will refine drill targets ahead of a drilling program planned for 2026.

Discovery Ridge Pit, Griffon Gold Mine Project, White Pine County, Nevada

Nevada Sunrise integrates historical data with advanced geophysics, modern geochemical methods, and AI-driven exploration tools. This technology-enhanced approach, combined with experienced leadership and a strong technical team, is central to the Company’s strategy for building shareholder value.

Company Highlights

  • Flagship past-producing gold project in a Tier-1 jurisdiction: The Griffon Gold Mine project lies within Nevada’s prolific Battle Mountain–Eureka Trend, near producing mines and major gold developers.
  • AI-powered exploration strategy: Nevada Sunrise is using VRIFY’s predictive modeling to identify high-priority drill targets, an emerging technology rarely applied in Nevada.
  • Clear path to 2026 drilling: Soil, magnetic, IP/resistivity and CSAMT surveys in fall 2025 will feed into an updated AI model, enabling optimized drill targeting planned for 2026.
  • Highly experienced management and geological team: Leadership includes executives and advisors with decades of exploration success across Nevada and globally.
  • Diversified asset portfolio: Gold, copper and lithium assets create optionality across multiple mineral markets.
  • Flagship past-producing gold project in a Tier-1 jurisdiction: The Griffon Gold Mine project lies within Nevada’s prolific Battle Mountain–Eureka Trend, near producing mines and major gold developers.
  • AI-powered exploration strategy: Nevada Sunrise is using VRIFY’s predictive modeling to identify high-priority drill targets, an emerging technology rarely applied in Nevada.
  • Clear path to 2026 drilling: Soil, magnetic, IP/resistivity and CSAMT surveys in fall 2025 will feed into an updated AI model, enabling optimized drill targeting planned for 2026.
  • Highly experienced management and geological team: Leadership includes executives and advisors with decades of exploration success across Nevada and globally.
  • Diversified asset portfolio: Gold, copper and lithium assets create optionality across multiple mineral markets.

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

Click here to connect with Nevada Sunrise Metals (TSXV:NEV) to receive an Investor Presentation

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