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Sranan Gold Corp. (CSE: SRAN) (FSE: P84) (Tradegate: P84) (‘Sranan’ or the ‘Company’) announces that CEO Oscar Louzada will be participating in the following conferences to provide investors with latest updates on the Company’s recent and future planned activities at the Tapanahony Gold Project in Suriname:

121 Mining Investment London
Date: November 17-18, 2025
Venue: Convene 133 Houndsditch, London
Format: One-on-one meetings with investors
More information: london.121mininginvestment.com

Swiss Mining Institute Conference
Date: November 20-21, 2025
Venue: The Dolder Grand, Zurich
Format: One-on-one meetings with investors
More information: swissmininginstitute.ch

About Sranan Gold

Sranan Gold Corp. is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname and Canada. The Company’s flagship Tapanahony Project covers 29,000 hectares in one of Suriname’s most prolific artisanal gold mining districts. Sranan also owns the Aida Property in the Kamloops Mining Division, British Columbia, Canada.

For more information, please visit sranangold.com.

Information contact
Oscar Louzada, CEO
+31 6 25438975

THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.

Forward-looking statements

Certain statements in this release constitute ‘forward-looking statements’ or ‘forward-looking information’ within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company’s plans and results. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as ‘may’, ‘would’, ‘could’, ‘will’, ‘intend’, ‘expect’, ‘believe’, ‘plan’, ‘anticipate’, ‘estimate’, ‘scheduled’, ‘forecast’, ‘predict’ and other similar terminology, or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved. These statements reflect the Company’s current expectations regarding future events, performance and results and speak only as of the date of this release. Further details about the risks applicable to the Company are contained in the Company’s public filings available on SEDAR+ (www.sedarplus.ca), under the Company’s profile.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271910

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Corcel Exploration Inc. (CSE: CRCL) (OTCQB: CRLEF) (the ‘Company’ or ‘Corcel’) today announced the identification of significant historical occurrences of two United States-designated critical minerals, tungsten and graphite, at its 100%-owned Yuma King Project in Arizona, USA. This information has been compiled from historical mining data, drilling logs, geochemical sampling, and historical technical assessments conducted by prior operators and has not been verified by the Company.

Key Highlights

  • High-grade tungsten occurrences across a 5 km² district with historic production and assays returning up to 19.15% WO3, located within past-producing mines at the Three Musketeers district (see 43-101 Report dated December 1, 2024, available on Corcel’s website).

  • Broad tungsten-in-soil anomalies identified from Corcel’s 2024 surface geochemical sampling extend beyond the Three Musketeers area, highlighting the broader district potential.

  • Graphite mineralization, including flake graphite and graphene-bearing carbonaceous mudstone, was intersected in drilling between 2011 and 2016, with a reported interval up to 150 metres thick and a 25-metre zone containing high carbon content with mineralogy confirmed by Raman spectroscopy (see 43-101 Report dated December 1, 2024, available on Corcel’s website).

  • Tungsten and graphite are listed as critical minerals by the U.S. government due to strategic applications in manufacturing, energy technologies, and defense systems, and the U.S. currently relies on foreign sources for both.

  • No modern exploration has been conducted to evaluate resource size or grade continuity which have not been evaluated with modern exploration methods and may warrant follow-up assessment.

‘The available historical records indicate that the Yuma King Project contains multiple areas where tungsten and graphite mineralization were documented and, in some cases, mined on a small scale,’ commented Jon Ward, CEO of Corcel Exploration. ‘Our objective is to review this historical data to determine whether these targets merit systematic follow-up alongside our copper-gold exploration plans.’

Historical Tungsten Occurrences

Tungsten was historically mined from several prospects within the Yuma King Project area, primarily at the Three Musketeers, Jewel Anne, Pee Wee, Ace, and Trioni claims. Historical reports document two tabular mineralized bodies at the Three Musketeers Mine, although their full extent was not delineated due to limited underground development. Production was intermittent from the early 1950s through the 1970s. Tungsten occurs predominantly as scheelite within quartz veins, greisen-altered zones, and thrust faults and is largely related to Late Cretaceous to Early Tertiary intrusive events (see 43-101 Report dated December 1, 2024, available on Corcel’s website).

Sampling and surface mapping indicate that tungsten-bearing structures are present over an area of approximately 5 sq km, with localized high-grade pods and lenses. Soil sampling completed by Corcel highlights the presence of tungsten anomalies associated with the area hosting the historical mines.

In addition, soil sampling indicates that Yuma King Mine area contains tungsten anomalies. This commodity has not been a focus of exploration in this area so the geological context of these anomalies is not yet known.

Table 1: Selected samples from the Three Musketeer Tungsten District from 2006. (see 43-101 Report dated December 1, 2024, available on Corcel’s website).

The Company’s QP has not verified the historical data due to the absence of original records and therefore such data should not be relied upon.

Sample
ID
Au
 (ppb)

(%)
WO3 Mine Type Length 
(inches)
Ore
R003 1260 0.217 0.27 3M Channel 18 UG Ore
R004 0.774 0.98 3M Channel 24 UG Ore
R009 0.235 0.30 3M Channel 12 UG Ore
R014 1.85 2.33 3M Channel 60 Outcrop of Ore
R015 26 0.153 0.19 3M Channel 48 Outcrop of Ore
R039 4.94 6.22 3M Channel 12 UG Ore
R040 2.88 3.63 3M Channel 3 UG Ore
R041 15.2 19.15 3M Channel 8 UG Ore
R020 48 0.439 0.55 JA Channel UG Ore
R021 18 0.254 0.32 JA Channel 32 UG Ore
R023-HG 0.918 1.16 JA Channel 3 UG Ore
R024 32 0.145 0.18 JA Channel 36 UG Ore
R025 0.6 0.76 JA Channel 2 HG Ore
R026 9.66 12.17 JA Channel 2 HG Ore
R027 9.12 11.49 JA Channel 2 HG Ore
R028 2.67 3.36 JA Channel 2 HG Ore
R029 3.88 4.89 PW Channel 2 HG Ore
R036 0.24 0.31 PW Channel 1 HG Ore
R037 7.57 9.54 PW Channel 2 HG Ore
R032 45 0.16 0.20 Channel HG Ore
R033 0.98 1.24 Channel HG Ore
R038 3.04 3.83 Channel 3
R043 0.47 0.59 Ace 18 Copper Prospect

 

Figure 1: Location of the mines and prospects in the Three Musketeers Tungsten District with W in soils. 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8415/271992_7027d8a404d02bd1_001full.jpg

Graphite and Graphene Mineralization

Graphite and graphene mineralization at the Yellowbird deposit on the Yuma King Project was first identified in 2011 by a drill campaign by VANE while exploring a porphyry copper target (See 43-101). The graphite is contained in a relatively flat-lying, dark gray, carbonaceous, phyllitic meta-mudstone body about 150 m thick, intercepted in drill hole AV-2. A 25-metre interval within the middle of the 150-metre section consists of approximately 89% carbonaceous mudstone. Follow-up geochemical sampling and Raman spectrometry in 2015 confirmed graphite with significant graphene (see 43-101 Report dated December 1, 2024, available on Corcel’s website).

In 2016, Cash Capital completed a four-hole, 1,220-metre drill program accompanied by geologic core logging, continued lab geochemical assays, mineralogic studies, and reconnaissance field sampling, which demonstrated that the mineralized horizon extends southward and identified additional graphite-bearing zones within the Yellowbird black shale formation. Corcel is working to obtain technical data from this program – at present, the precise drill hole locations and other data are not available (see 43-101 Report dated December 1, 2024, available on Corcel’s website).

The graphite mineralization is interpreted to be related to thrust-related deformation and metamorphism during the early Laramide orogeny.

Figure 2: Area of the Yellowbird graphite-graphene deposit, showing discovery drill hole AV-02 and low magnetic signature from drone magnetic survey total magnetic intensity (reduced to pole). 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8415/271992_7027d8a404d02bd1_002full.jpg

US Critical Minerals

The United States is currently entirely reliant on imports for both tungsten and graphite, which are classified as critical minerals by the U.S. Department of the Interior (U.S. Geological Survey, USGS, 2024 Critical Minerals List) and recognized as essential to national defense by the U.S. Department of War (U.S. Army, Defense Logistics Agency Strategic Materials). Tungsten is used in electronics, aerospace components, defense systems, while graphite is the primary material in lithium-ion battery anodes and plays a central role in electrification and energy storage technologies.

Evaluation of Critical Minerals at Yuma King

The Company will incorporate the historical tungsten and graphite datasets into the broader geological model for the Yuma King Project. This work is being undertaken in parallel with the copper-gold exploration strategy to assess whether these critical mineral systems warrant follow-up evaluation as potential complementary targets.

Qualified Person as defined under National Instrument 43-101

Roy Greig, Ph.D., P.Geo, a Qualified Person (‘QP’) as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects, and advisor to Corcel Exploration Inc. has reviewed and approved the technical content in this news release. The QP has not been able to verify the historical exploration data disclosed herein since the original materials and documentation are presently inaccessible. Nonetheless, this data is believed to be accurate and sufficient for purposes of guiding future exploration on the Yuma King project.

About Corcel Exploration Inc.

Corcel Exploration is a mineral resource company engaged in the acquisition and exploration of precious and base metals properties throughout North America. The Company has entered a long-term lease agreement to acquire the Yuma King Cu-Au project in Arizona, which spans a district-scale land position of 3,200 hectares comprising 515 unpatented federal mining claims in the Ellsworth Mining District, including the past-producing Yuma King Mine which saw underground production of copper, lead, gold and silver between 1940 and 1963. The Company also holds a 100% interest in the Willow copper project. For more information, please visit our website at https://corcelexploration.com/.

For further information, contact:

Jon Ward, CEO & Director
Email: info@corcelexploration.com
Tel: +1 (604) 355-0303

Caution Regarding Forward-Looking Information

This news release contains ‘forward-looking information’ and ‘forward-looking statements’ within the meaning of applicable Canadian securities laws (collectively, ‘forward-looking information’). Forward-looking information in this news release includes, without limitation, statements with respect to: the Company’s plans to conduct additional drilling and other exploration work on the Property; the anticipated timing, scope, costs and objectives of such work; the expected receipt and interpretation of additional assay results; the potential for the expansion of known mineralized zones; the potential discovery of new zones; the Company’s plans to update mineral resource estimates and advance technical studies; the potential for future development decisions; the timing of future news flow; the ability to secure permits, approvals, community support and financing on acceptable terms; and the potential for the Property to host an economic mining operation in the future.

Forward-looking information is based on a number of assumptions that, while considered reasonable by the Company at the date of this news release, are inherently subject to significant business, economic, competitive, operational and regulatory uncertainties and contingencies. These assumptions include, without limitation: future commodity prices and exchange rates; availability of financing on reasonable terms; availability of equipment, personnel and infrastructure; maintenance of title and access to properties; obtaining all required regulatory, surface and community approvals on expected terms and within expected timelines; accuracy of current technical information; and the absence of material adverse changes in applicable laws, political conditions, taxation, or capital markets.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied. Such risks include, without limitation: commodity price volatility; exploration, development, metallurgical and geological risk; permitting, environmental and regulatory risk; title and access risk; financing and liquidity risk; reliance on contractors and third parties; community, ESG and social licence risk; political and security risk in foreign jurisdictions; operational disruptions, accidents and labour matters; changes in laws and taxation; dilution and capital markets risk; and the other risks more fully described under ‘Risk Factors’ in the Company’s continuous disclosure filings available under its profile at www.sedarplus.ca.

Readers are cautioned not to place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws..

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271992

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‘Not for distribution to United States newswire services or
for dissemination in the United States.’

Forte Minerals Corp. (‘Forte’ or the ‘Company’) ( CSE: CUAU ) ( OTCQB: FOMNF ) ( Frankfurt: 2OA ) is pleased to announce that it has entered into an agreement for a C$5.7 million strategic investment through a non-brokered private placement of 6,333,333 common shares at C$0.90 per share with a second strategic investor (the ‘Second Strategic Investment’).

Patrick Elliott , President and CEO of Forte Minerals, commented: ‘This is a pivotal moment for Forte. Having a second well-distinguished strategic investor join our shareholder base further validates the strength of our exploration portfolio and the progress we’ve made in advancing drill-ready projects in Peru. This investment adds further depth, local partnership, and momentum as we continue building a pipeline of copper and gold discoveries.’

Investment Overview
The Second Strategic Investment is expected to close on or before November 5, 2025, subject to regulatory approvals. All securities issued will be subject to a statutory four-month-and-one-day hold period under applicable Canadian securities laws. No finder’s fees or commissions will be paid in connection with the financing.

Proceeds from the financing will be used to advance Forte’s portfolio of four exploration projects in Peru. A portion of the proceeds will also be allocated to general working capital and corporate purposes.

In connection with this financing, the Company notes that its First Strategic Investor, which participated in Forte’s July 2025 private placement , has a contractual right to participate in future financings to maintain a 9.9 percent ownership interest.

Should that investor elect to exercise this right in the current financing, they may purchase up to an additional 994,598 common shares at C$0.90 per share, on the same terms. If such participation occurs, total gross proceeds will increase to approximately C$6.6 million through the issuance of up to 7,327,931 common shares.

Strengthening Forte’s Position in Peru
The Second Strategic Investor’s commitment underscores the quality of Forte’s exploration portfolio and reinforces the Company’s credibility as an explorer with deep operational experience and partnerships in Peru. The addition of a second strategic investor within three months strengthens Forte’s base of long-term shareholders and it supports its mission to responsibly advance a 19,000-hectare portfolio of copper and gold assets within the country’s most prospective mineral belts.

‘This is more than an investment,’ said Elliott.

‘It’s a partnership built on a shared vision to unlock the next generation of discoveries that will help sustain Peru’s position as a global leader in copper and gold production.’

ABOUT Forte Minerals CORP.
Forte Minerals Corp. is an exploration company with a strong portfolio of high-quality copper (Cu) and gold (Au) assets in Peru. Through a strategic partnership with GlobeTrotters Resources Perú S.A.C. , the Company gains access to a rich pipeline of historically drilled, high-impact targets across premier Andean mineral belts. The Company is committed to responsible resource development that generates long-term value for shareholders, communities, and partners.

On behalf of Forte Minerals CORP.

(signed) ‘ Patrick Elliott’
Patrick Elliott, MSc, MBA, PGeo
President & Chief Executive Officer
Forte Minerals Corp.
info@forteminerals.com
www.forteminerals.com

Investor Inquiries
Kevin Guichon, IR & Capital Markets
E: kguichon@forteminerals.com
C: (604) 612-9976
Media Contact
Anna Dalaire, VP Corporate Development
E: adalaire@forteminerals.com
T: (604) 983-8847

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Certain statements included in this press release constitute forward-looking information or statements (collectively, ‘forward-looking statements’), including those identified by the expressions ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’, ‘intend’, ‘may’, ‘should’ and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements relating to the intended use of proceeds of the Strategic Placement. These forward-looking statements and information reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company with respect to the matter described in this press release. Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and risks and uncertainties is contained under ‘Risk Factors and Uncertainties’ in the Company’s latest management’s discussion and analysis, which is available under the Company’s SEDAR+ profile at www.sedarplus.ca, and in other filings that the Company has made and may make with applicable securities authorities in the future.

Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, and general economic, market or business conditions. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information or statements to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company’s forward-looking statements.

Neither the Canadian Securities Exchange (the ‘CSE’) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e1f4c64c-e2a1-4164-91b7-021141276eb6

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Leading gold analysis firm Metals Focus published its annual Precious Metals Investment Focus report on Saturday (October 25).

The report outlines the investment options available for those interested in leveraging rising demand for precious metals such as gold and silver. The report also highlights key supply and demand trends shaping the precious metals market and driving prices now and over the next 12 months.

Gold surged more than 65 percent from the start of 2025 to its record high of US$4,379.13 per ounce on October 17. Not to be outdone, silver skyrocketed by more than 88 percent to peak at its highest-ever price of US$54.47 per ounce on the same day.

Although prices for both precious metals have since pulled back on profit-taking, Metals Focus believes the conditions that created these record high prices are still very much in play.

US trade policy driving gold prices in 2025

Metals Focus analysts attribute gold’s stellar performance in 2025 to a number of factors largely centered on growing global economic uncertainty and ongoing geopolitical conflicts. Gold’s safe haven status is highly favored in these conditions, attracting both retail and institutional investors as well as central banks.

However, the firm sees US President Donald Trump’s trade policies as the most influential: “In our view, the single most important factor has been uncertainty around US trade policy.”

Trump’s constant trade war waffling has businesses and governments scrambling to keep up and unable to plan for the future. As tariffs increase the price of goods while disrupting supply chains, inflation is becoming stickier. This is baking in more macroeconomic risks into the global economy, and in turn raising the risk for stagflation—an ideal environment for higher gold prices.

The Federal Reserve’s reversal of its monetary policy in mid-September 2025 with its first interest rate cut and the anticipation of further rate cuts to come are further boosting the gold price. The sustainability of growing US debt and the waning strength of the US dollar on the global stage are also price supporting factors for the yellow metal.

Central bank gold buying, which has reached record levels in recent years, also continued to be net positive in 2025, further driving demand. “Put together, these drivers explain why gold has not only reached fresh highs in 2025, but also why pullbacks have been shallow and short-lived, as investors have been rushing to buy dips,” states Metals Focus.

Silver shoots up on liquidity squeeze

The same forces sending gold prices to new heights are also bringing silver along for the ride.

Silver often lags behind its sister metal, and this latest price cycle was no exception. However, investor belief that silver remains undervalued given strong industrial demand and unprecedented tight supply finally pushed the metal to break on through to the other side of a 45-year record high.

Metals Focus also points to the liquidity squeeze in the silver futures market, specifically concerning the COMEX in London. As the immediate supply of silver has not been enough to meet rising demand, the spot price for silver has risen higher than the price of futures contracts, a phenomenon known as backwardation. This creates a squeeze on short sellers who must now buy back silver contracts at higher prices.

The situation amplified silver’s rally in early to mid-October. However, later in the month shipments of silver from New York and China helped to alleviate this pressure.

Gold price outlook for 2026

Looking forward, the trends underlying much of gold’s record-breaking price momentum are expected to remain strong well into next year.

Metals Focus sees the price of gold posting another annual average high of US$4,560 per ounce as it heads toward US$5,000 in 2026, potentially reaching a record US$4,850 in the fourth quarter.

These gains in gold are projected to materialize despite supply side growth. Metals Focus is forecasting a surplus of 41.9 million ounces in 2026, up 28 percent year-over-year. The firm sees gold mine production reaching another record high in 2026 at the same time that gold recycling could climb by 6 percent to a 14-year high in jewellery demand is likely to be affected by high prices, low consumer confidence, and economic uncertainty.

What will move gold prices higher in 2026?

Gold investors should take cues from interest rate moves, inflation levels, strength or weakness in the US dollar and sentiment surrounding the independence of the Federal Reserve. Of course, US trade policy will continue to be a main theme for precious metals over the next 12 months.

“As we have witnessed since the beginning of the Trump 2.0 administration, the abrupt and often unpredictable nature of US policy moves and the resulting uncertainty for the global trade system, and in turn the global economy, is expected to be a key driver of sentiment towards gold,” stated the firm.

Further driving demand, central banks around the world are expected to remain net buyers of safe-haven gold as the global push toward de-dollarization continues.

Gold and silver price outlook

Chart via Metals Focus, Bloomberg

Silver price outlook for 2026

As for silver, the white metal will continue to be seen as a more affordable alternative to gold. Metals Focus is looking for silver to average US$57 per ounce next year and even take a run at the US$60 level in mid-to-late 2026.

Silver has not only benefitted from safe-haven investor demand and strong industrial demand but also tight supply. Yet, the firm notes that the ongoing supply deficit for silver is expected to fall from 143.6 million ounces in 2024 to 63.4 million ounces in 2025. That figure is expected to shrink further to 30.5 million ounces in 2026.

Nevertheless, the silver market remains in a supply deficit at a time when demand is strong. “We therefore remain bullish towards silver for the rest of this year and 2026,” noted the report’s authors, who expect silver to continue outperforming gold at least in the first half of the new year.

In response, the gold:silver ratio has the potential to continue falling in 2026. However, Metals Focus believes the market will see this trend reverse in the back half of the year as silver loses some steam.

Gold:silver ratio

Chart via Metals Focus, Bloomberg

Investor takeaway

Overall, Metal Focus is confident the precious metals bull market will continue throughout the remainder of 2025 and into 2026. Gold is especially benefitting from its safe-haven status at a time of heightened macroeconomic and geopolitical uncertainty. Silver is tracking gold’s ascent for the same reasons, in addition to tight above ground supply and sustained industrial demand.

For those who think they’ve missed out on the gains to be made in this latest precious metals bull cycle, there’s still plenty of upside to be had in the gold and silver markets in Q4 2025 and heading into 2026.

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

This post appeared first on investingnews.com

President Donald Trump kicked off the week meeting with Australian Prime Minister Anthony Albanese, and closed out the week jetsetting to Asia. And at home, the White House launched constructing its new ballroom — much to the ire of many Democrats. 

Trump said construction started Monday and that the project would be funded privately. The project is estimated to cost $300 million, up from the $200 million estimate first provided in July when the project was unveiled. 

‘For more than 150 years, every President has dreamt about having a Ballroom at the White House to accommodate people for grand parties, State Visits, etc. I am honored to be the first President to finally get this much-needed project underway — with zero cost to the American Taxpayer!’ Trump said in a social media post. ‘The White House Ballroom is being privately funded by many generous Patriots, Great American Companies, and, yours truly. This Ballroom will be happily used for Generations to come!’

Still, the project has faced criticism as the White House’s historic East Wing was completely demolished. The wing has served as the official entrance to the White House, and is designated as space for the first lady. 

On Monday, Trump signaled he wants to expedite outfitting Australia with nuclear submarines under the trilateral agreement between the U.S., Australia and the U.K. that seeks to enhance Australia’s submarine force to deter Chinese influence in the Indo-Pacific.

The agreement, known as AUKUS, stipulates the U.S. will sell up to five Virginia-class nuclear-powered submarines to Australia that are scheduled for delivery as soon as 2032. The deal also outlines that Australia and the U.K. will work to build additional attack submarines for Australia’s fleet.

However, Trump told reporters that he is looking at equipping Australia with the submarines soon, when asked if he was interested in speeding up the process.

‘Well we are doing that, yeah … we have them moving very, very quickly,’ Trump told reporters Monday.

However, Trump also said that he didn’t believe the deal was necessary to undermine China.

‘I don’t think we’re going to need it,’ Trump said about the trilateral agreement. ‘I think we’ll be just fine with China. China doesn’t want to do that. First of all, the United States is the strongest military power in the world by far. It’s not even close, not even close. We have the best equipment. We have the best of everything, and nobody’s going to mess with that. And I don’t see that at all with President Xi.’

Meanwhile, Trump departed for Asia Friday, as he is slated to meet with Xi during the Asia-Pacific Economic Cooperation (APEC) Summit.

The meeting comes amid ongoing trade negotiations between the two countries, which escalated when Beijing announced Oct. 9 it would impose export controls on rare-earth magnets. Rare earth magnets are used in products ranging from electric cars to F-35 fighter jets. 

As a result, Trump said the U.S. would impose a new 100% tariff on all Chinese goods, which is slated to take effect Nov. 1.

However, Trump has sought to neutralize tension, and has regularly spoken highly of his relationship with Xi in recent weeks. Additionally, he has said he believes a deal will be reached between the two countries.

‘I think we are going to come out very well and everyone’s going to be very happy,’ Trump said Thursday.

Trump and Xi have not met in person since Trump took office in January. Their last meeting took place in June 2019 in Japan.

Trump will also visit Malaysia, Japan and South Korea as part of the trip.

Trump also met with NATO Secretary-General Mark Rutte Wednesday, just after meeting with Ukrainian President Volodymyr Zelenskyy and after calling off a meeting with Russian President Vladimir Putin.

Trump said that he didn’t want a ‘wasted meeting’ with Putin in Hungary, and White House press secretary Karoline Leavitt said that Trump didn’t see enough progress toward peace from Russia.

‘We canceled the meeting with President Putin,’ Trump told reporters in the Oval Office with Rutte Wednesday. ‘It just it didn’t feel right to me. It didn’t feel like we were going to get to the place we have to get. So I canceled it. But we’ll do it in the future.’

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Former New York Gov. Andrew Cuomo slammed democratic socialist mayoral candidate Zohran Mamdani for painting himself as a victim because he is a Muslim, saying the rival mayoral candidate has spent his campaign offending 9/11 families, Jews and various other groups of New Yorkers. 

‘He claims that he is the victim of attacks because he is a Muslim. Nothing could be further from the truth. He is not a victim, he is the offender,’ Cuomo said Saturday. ‘This entire campaign, he has been dividing and attacking and offending different New York groups.’

While speaking at an event in which he received the endorsements of several faith leaders, Cuomo lambasted Mamdani, who he called his ‘main opponent.’ Cuomo listed a number of groups he says have been hurt by Mamdani, including Jews, Blacks, Italians, members of the LGBTQ community and even some Muslims.

Cuomo first addressed the Jewish community, saying Mamdani had hurt it ‘in a truly painful way.’ The former governor recounted a recent interaction with a Jewish New Yorker who said he was afraid of wearing a Star of David in the city. In 2023, the UJA-Federation of New York said in a report there were just over 1.3 million Jews living in New York City. 

He then took issue with Mamdani’s refusal to condemn the phrase ‘globalize the intifada,’ which many see as a call for violence against Jewish people. Mamdani has faced criticism for his refusal to condemn the phrase early in the mayoral race.

The former governor also said his opponent, who could become New York City’s first Muslim mayor, hurt the Sunni Muslim community by advocating for the decriminalization of prostitution. Cuomo added that, according to the Quran, prostitution is haram, which means ‘forbidden’ in Arabic.

After condemning Mamdani’s gesture toward the Columbus statue and invoking its offense to Italian Americans, Cuomo broadened his criticism. He pointed to a photo of Mamdani with a Ugandan official who backs harsh anti-gay laws, framing it as an affront to the LGBTQ community.

He didn’t stop there. Mamdani’s friendship with controversial Twitch streamer Hasan Piker, who once said ‘America deserved 9/11,’ also drew scrutiny from the former governor.

‘You offend 9/11 families. You offend every New Yorker because 9/11 was an attack on all New Yorkers, and it traumatized all New Yorkers. So, no, he’s not the victim. He is the offender, and he has done a great deal of damage,’ Cuomo said.

On Friday, Mamdani accused Cuomo of using ‘Islamophobic rhetoric’ after the former governor joined a radio show in which the host said Mamdani would be ‘cheering’ if New York City faced another 9/11-style attack.

‘While my opponents in this race have brought hatred to the forefront, this is just a glimpse of what so many have to endure every day across the city,’ Mamdani said. ‘And while it would be easy for us to say that this is not who we are as a city, we know the truth. This is who we have allowed ourselves to become.’

Cuomo and Mamdani also took several jabs at each other on Wednesday night during the final debate of the NYC mayoral race. Mamdani focused on Cuomo’s past scandals, such as the sexual harassment allegations that led to his abrupt exit from office. Cuomo, on the other hand, blasted self-proclaimed socialist Mamdani over his lack of experience and past anti-law enforcement statements.

New Yorkers began casting their ballots Saturday and have until Nov. 4 at 9 p.m. to decide which of the three candidates — Cuomo, Mamdani or Republican Curtis Sliwa — will be the next to lead America’s most populous city.

Fox News Digital reached out to Mamdani’s campaign for comment.

Fox News Digital’s Deirdre Heavey contributed to this report.

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President Donald Trump on Saturday said he won’t waste time meeting Russian President Vladimir Putin again unless a deal on the war in Ukraine is likely.

‘I’m going to have to know that we’re going to make a deal,’ Trump told reporters aboard Air Force One after taking off from Al Udeid Air Base in Qatar, when asked about securing a meeting with Putin. ‘I’m not going to be wasting my time. I’ve always had a great relationship with Vladimir Putin, but this has been very disappointing.’

He said he thought the war in Ukraine would have been resolved ‘long before’ the peace deal between Israel and Hamas.

‘We have Azerbaijan and Armenia. That was very tough,’ Trump added, referring to the peace summit he hosted at the White House between the two countries last summer.

He continued, ‘In fact, Putin told me on the phone, he said, ‘Boy, that was amazing,’ because everybody tried to get that done, and they couldn’t. I got it done. You had others. If you look at India and Pakistan, I could say almost any one of the deals that I’ve already done, I thought would have been more difficult than Russia, than Ukraine, but it didn’t work out that way.’

‘There’s a lot of hatred between the two, between [Ukrainian President Volodymyr] Zelensky and Putin, there’s tremendous hatred.’

Earlier this week, Trump said he had called off a planned meeting with Putin in Budapest to discuss the war because he saw it as a ‘waste of time.’

Trump announced the Budapest meeting last week, saying it could happen within the next two weeks.

He also announced sanctions against Russia this week.

Trump and Putin last met in Alaska in August, but no deal was reached following the summit.

Trump met with Zelenskyy last week at the White House, where he seemingly denied Ukraine’s request for Tomahawk long-range missiles. 

The president also said that in his meeting with Chinese President Xi Jinping next week he wants a ‘complete [trade] deal.’ 

‘I want our farmers to be taken care of, and he wants things also,’ Trump said. ‘We’re going to be talking about fentanyl, of course. Fentanyl is killing a lot of people, a lot people. It comes from China, and we’ll be talking a lot about that. We’ll be talking about a lot things. I think we have a really good chance of making a very comprehensive deal.’

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The anonymous donor who gave $130 million to the Pentagon to pay troops during the government shutdown has been identified as Timothy Mellon, a reclusive billionaire and a major financial backer of President Donald Trump, according to a report.

Trump announced the donation on Thursday, but declined to reveal the donor’s identity, only describing him as a ‘patriot’ and a friend. The president again refused to name the person on Friday while talking to reporters aboard Air Force One shortly after departing Washington for Asia, calling the donor ‘a great American citizen’ and a ‘substantial man.’

‘He doesn’t want publicity,’ Trump said on Friday. ‘He prefer that his name not be mentioned, which is pretty unusual in the world I come from, and in the world of politics, you want your name mentioned.’

But the two people familiar with the matter told The New York Times that the man is Mellon, a wealthy banking heir and railroad magnate.

It remains unclear how long the donation will cover the troops’ salaries. The Trump administration’s 2025 budget asked for about $600 billion in total military compensation, according to the Congressional Budget Office.

The $130 million donation would equal about $100 a service member, according to The New York Times.

Mellon, a grandson of former Treasury Secretary Andrew W. Mellon, is a backer of Trump who gave tens of millions of dollars to groups supporting the president’s 2024 campaign. Last year, he gave $50 million to a super PAC supporting Trump, making it one of the largest single contributions ever disclosed, the newspaper noted.

The billionaire was not a prominent Republican donor until Trump was first elected but has given hundreds of millions of dollars in recent years into supporting the president and the GOP.

He is also a significant supporter of Health and Human Services Secretary Robert F. Kennedy Jr., who also ran for president in 2024, first as a Democrat and later as an independent before dropping out to endorse Trump. Mellon donated millions to Kennedy’s presidential campaign and has also given money to the secretary’s anti-vaccine nonprofit, Children’s Health Defense, according to The New York Times.

Despite his political contributions, Mellon has sought to keep a low profile.

In an autobiography published in 2015, Mellon described himself as a former liberal who moved from Connecticut to Wyoming for lower taxes and fewer people.

The Pentagon said it accepted the donation under the ‘general gift acceptance authority.’

‘The donation was made on the condition that it be used to offset the cost of service members’ salaries and benefits,’ Pentagon spokesman Sean Parnell said in a statement to The New York Times.

But the donation may be a potential violation of the Antideficiency Act, which prohibits federal agencies from spending money in excess of congressional appropriations or from accepting voluntary services.

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President Donald Trump on Saturday said Hamas needs to start returning the bodies of deceased hostages held captive by the terror group during the war in Gaza ‘quickly, or the other countries involved in this GREAT PEACE will take action.’

While all the living hostages have been returned from Gaza, the remains of 13 deceased hostages have not been handed over by Hamas.

‘Some of the bodies are hard to reach, but others they can return now and, for some reason, they are not,’ Trump wrote in a Truth Social post. ‘Perhaps it has to do with their disarming, but when I said, ‘Both sides would be treated fairly,’ that only applies if they comply with their obligations. Let’s see what they do over the next 48 hours. I am watching this very closely.’

Hours before Trump’s post, Secretary of State Marco Rubio and U.S. Ambassador to Israel Mike Huckabee met with the families of Itay Chen and Omer Neutra, two U.S. citizens who were killed in the Oct. 7, 2023 attacks.

Their bodies are among those still being held by Hamas.

‘We will not forget the lives of the hostages who died in the captivity of Hamas,’ Rubio wrote in an X post. ‘We will not rest until their—and all—remains are returned.’

Authorities believed Chen, a 19-year-old dual U.S.-Israeli citizen, was kidnapped by Hamas on Oct. 7, 2023, but was later declared dead by the Israel Defense Forces (IDF).

Neutra, 21, an American-Israeli from New York, was killed in battle on Oct. 7, 2023.

Huckabee noted Rubio’s visit to Israel was ‘very productive in moving forward’ the U.S.-brokered Gaza peace plan, adding the plan cannot work until all hostages, living and deceased, are released.

While traveling to Asia Saturday, Trump met with Qatari leaders aboard Air Force One while refueling at Al-Udeid Air Base.

Qatar has played a significant role in efforts to negotiate peace and ceasefires in Gaza.

After a meeting with Qatar Emir Tamim bin Hamad Al Thani and Prime Minister Mohammed bin Abdulrahman bin Jassim Al Thani, Trump said ‘The Emir is one of the great rulers of the world … and the Prime Minister has been my friend.’

Referencing the peace deal, the president said, ‘What we’ve done is incredible — peace in the Middle East.’

Fox News Digital’s Rachel Wolf contributed to this report.

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U.S. Secretary of State Marco Rubio on Saturday said that the U.S., Israel and other mediators of the Gaza peace deal had shared intelligence to avoid a possible attack last weekend and would do so going forward. 

‘We put out a message through State Department, sent it to our mediators as well, about an impending attack, and it didn’t happen,’ he told reporters while flying from Israel to Qatar. ‘So that’s the goal here, is ultimately to identify a threat before it happens.’

This comes a week after the State Department said it had ‘credible reports’ that Hamas was planning an attack on Palestinian civilians in violation of the agreement.

Rubio said Saturday the U.S. has talked with countries like Qatar, Egypt and Turkey who are interested in contributing to an international stabilization force in the region. He added that Indonesia and Azerbaijan are also interested.

But, he said, ‘Many of the countries who want to be a part of it can’t do it without’ a United Nations resolution supporting the force.

Rubio also met with President Donald Trump in Qatar ahead of the president’s Asian tour.

Vice President JD Vance was also in Israel earlier this week along with special envoy Steve Witkoff and Trump adviser and son-in-law Jared Kushner in an attempt to solidify the ceasefire deal, which took effect earlier this month.

Next week, Rubio said the chairman of the Joint Chiefs of Staff, Gen. Dan Caine, is expected to travel to Israel as well.

Trump thanked Qatar for their part in helping secure the peace deal while meeting with Qatar’s Emir Sheikh Tamim bin Hamad al-Thanimet and Qatar Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani.

‘This should be an enduring peace,’ Trump told reporters of the deal.

His visit to Qatar was part of a refueling stop before heading on to Asia.

The Associated Press and Reuters contributed to this report. 

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