Author

admin

Browsing

The House Rules Committee has teed up President Donald Trump’s ‘big, beautiful bill’ for a chamber-wide vote Wednesday after a nearly 12-hour-long session debating the massive piece of legislation.

It now heads to the entire chamber for consideration, where several Republicans have already signaled they’re concerned with various aspects of the measure.

Just two Republicans voted against reporting the bill out of committee – Reps. Ralph Norman, R-S.C., and Chip Roy, R-Texas, conservatives who had expressed reservations with the bill earlier on Tuesday. No Democrats voted to advance it, while the remaining seven Republicans did.

The majority of Republican lawmakers appear poised to advance the bill, however, believing it’s the best possible compromise vehicle to make Trump’s campaign promises a reality.

‘This bill is President Trump’s agenda, and we are making it law. House Republicans are ready to finish the job and put the One Big Beautiful Bill on President Trump’s desk in time for Independence Day,’ House GOP leaders said in a joint statement after the Senate passed the bill on Tuesday.

The House Rules Committee acts as the final gatekeeper before most pieces of legislation get a chamber-wide vote.

Democrats attempted to delay the panel’s hours-long hearing by offering multiple amendments that were shot down along party lines.

They criticized the bill as a bloated tax cut giveaway to wealthy Americans, at the expense of Medicaid coverage for lower-income people. Democrats have also accused Republicans of adding billions of dollars to the national debt, chiefly by extending Trump’s 2017 tax cuts.

‘I don’t know what it means to be a fiscal hawk, because if you vote for this bill, you’re adding $4 trillion to the debt,’ Rep. Gwen Moore, D-Calif., said during debate on the measure. 

‘Republicans have gone on TV for months and months and months solemnly insisting to the American people that this bill is going to cut the debt, that this will not hurt anybody on Medicaid, just those lazy bums and, you know, unworthy people.’ 

But Republicans have said the bill is targeted relief for middle and working-class Americans, citing provisions temporarily allowing people to deduct taxes from tipped and overtime wages, among others.

‘If you vote against this bill, you’re voting against the child tax credit being at $2,200 per child. At the end of this year, it will drop to $1,000. That makes a huge impact to 40 million hardworking Americans. And it’s simply, when they vote no, they’re voting against a $2,200 child tax credit, and they’re okay with $1,000,’ House Ways & Means Committee Chairman Jason Smith, R-Mo., said.

‘If you listen to the Democrats here, they say this is all about billionaires and millionaires. No tax on tips, no tax on overtime work. How many millionaires and billionaires, Madam Chair, work by the hour?’

The bill numbers more than 900 pages and includes Trump’s priorities on taxes, the border, defense, energy and the national debt. 

An initial version passed the House in May by just one vote, but the Senate has since made multiple key modifications to Medicaid, tax cuts and the debt limit.

Moderates are wary of the Senate measures that would shift more Medicaid costs to states that expanded their programs under ObamaCare, while conservatives have said those cuts are not enough to offset the additional spending in other parts of the bill.

Several key measures were also removed during the ‘Byrd Bath,’ a process in the Senate where legislation is reviewed so that it can be fast-tracked under the budget reconciliation process – which must adhere to a strict set of fiscal rules.

Among those conservative critics, Reps. Scott Perry, R-Pa., and Andy Ogles, R-Tenn., introduced resolutions to change the Senate version to varying degrees.

Ogles’ amendment would have most dramatically changed the bill. If passed, it would have reverted the legislation back to the House version. 

Perry’s amendments were aimed at tightening the rollback of green energy tax credits created by the former Biden administration’s Inflation Reduction Act.

Another amendment by Rep. Andrew Clyde, R-Ga., would have restored certain Second Amendment-related provisions stripped out by the Byrd Bath.

Any changes to the legislation would have forced it back into the Senate, likely delaying Republicans’ self-imposed Fourth of July deadline to get the bill onto Trump’s desk.

The full House is expected to begin considering the bill at 9 a.m. ET Wednesday.

Sometime that morning, House lawmakers will vote on whether to begin debating the bill, a procedural measure known as a ‘rule vote.’

If that’s cleared, a final vote on the bill itself is expected sometime later Wednesday.

Speaker Mike Johnson, R-La., conceded on Tuesday evening that poor weather in Washington that forced a number of flight delays could also weigh on Wednesday’s attendance – depending on how many lawmakers are stuck outside the capital.

‘We’re monitoring the weather closely,’ Johnson told reporters. ‘There’s a lot of delays right now.’

With all lawmakers present, Republicans can only afford to lose three votes to still advance both the rule vote and the final bill without any Democratic support.

This post appeared first on FOX NEWS

Hamas confirmed on Wednesday that it is ‘ready to accept’ a ceasefire agreement with Israel, but did not endorse a 60-day pause put forward by President Donald Trump on Tuesday.

Hamas official Taher al-Nunu said the terrorist organization is ‘ready to accept any initiative that clearly leads to the complete end to the war.’ Trump has increasingly pressured Israel and Hamas to accept a ceasefire, but the details of such an agreement still have not been worked out.

A Hamas delegation is expected to meet with Egyptian and Qatari mediators in Cairo on Wednesday to discuss Trump’s proposal, according to an Egyptian official.

Hamas has previously said it was willing to release the remaining 50 hostages as part of a ceasefire agreement, though it has noted that fewer than half of the hostages are still alive. In return, however, Hamas demands that Israel fully withdraw from Gaza and end the war.

Meanwhile, Israel has said Hamas must surrender, disarm and exile itself from Gaza.

An Israeli official said the latest proposal calls for a 60-day deal that would include a partial Israeli withdrawal from Gaza and a surge in humanitarian aid to the territory. The mediators and the U.S. would provide assurances about talks to end the war, but Israel is not committing to that as part of the latest proposal, the official said.

Roughly 10 hostages would be released under the agreement.

Trump announced the ceasefire proposal in a Tuesday statement on social media.

‘My Representatives had a long and productive meeting with the Israelis today on Gaza. Israel has agreed to the necessary conditions to finalize the 60 Day CEASEFIRE, during which time we will work with all parties to end the War,’ Trump wrote on Truth Social. 

‘The Qataris and Egyptians, who have worked very hard to help bring Peace, will deliver this final proposal. I hope, for the good of the Middle East, that Hamas takes this Deal, because it will not get better – IT WILL ONLY GET WORSE. Thank you for your attention to this matter!’ he added.

‘Israel is serious in its will to reach a hostage deal and ceasefire in Gaza,’ Israeli Minister of Foreign Affairs Gideon Sa’ar said Monday.

The Associated Press contributed to this report.

This post appeared first on FOX NEWS

The State Department is launching a new ‘America First’ rebranding initiative to consolidate all the logos for its offices under a singular one depicting the American flag — an effort that aligns with the agency’s massive overhaul plans. 

Whereas separate logos existed previously for offices, including embassies, bureaus and programs under the U.S. Agency for International Development, the rebranding effort seeks to establish ‘consistent branding’ across all these platforms to best reflect American contributions abroad, according to a State Department official. 

‘The redesign is very simple, and that was to recenter and re-anchor the visual identity of American efforts overseas in the American flag,’ Darren Beattie, undersecretary for public diplomacy at the State Department, told Fox News Digital Tuesday. 

Beattie said that inconsistent branding across State Department offices and programs has meant that sometimes U.S. efforts abroad aren’t as widely recognized, while other countries that do have uniformity in branding receive greater credit. 

‘There’s some things you look at it, and you have no clue that’s associated with the United States government at all, and that’s obviously contrary to our purposes,’ Beattie said. ‘If we’re contributing something great overseas, we want that positivity and that contribution to be immediately visually distinguished as something associated with the United States.’

The State Department rolled out guidance on the rebranding effort Wednesday — just a day after Secretary of State Marco Rubio announced that USAID would officially no longer continue to provide foreign assistance. 

Fox News Digital first reported in March that the State Department would absorb remaining functions from the previously independent organization, which delivered aid to impoverished countries and development assistance. 

Compliance with the rebranding effort across State Department offices and bureaus is slated for Oct. 1, according to Beattie. 

The effort seeks to visually complement the State Department’s reorganization already underway, which officials have said is the largest restructuring of the agency since the Cold War. 

Rubio unveiled plans in April to revamp the agency because the department was ‘bloated, bureaucratic, and unable to perform its essential diplomatic mission.’

Additionally, Rubio told lawmakers on the Senate Appropriations Subcommittee overseeing foreign affairs in May that the restructuring aimed to ’empower’ regional bureaus and embassies who are responsible for spearheading the ‘best innovations.’ 

‘They are identifying problems and opportunities well in advance of some memo that works its way to me,’ Rubio told lawmakers. ‘We want to get back to a situation or we want to get to a situation where we are empowering ideas and action at the embassy level and through our regional bureaus. Those are literally the front lines of American diplomacy. And so we have structured a State Department that can deliver on that.’

Fox News Digital first reported in May that the agency’s reorganization plans would involve cutting or consolidating more than 300 of the agency’s 700 offices and bureaus in an attempt to streamline operations. 

The reorganization involves axing roughly 3,400 State Department personnel, amounting to approximately 15% to 20% of the agency’s domestic headcount, State Department officials previously told Fox News Digital. 

This post appeared first on FOX NEWS

Iranian President Masoud Pezeshkian enacted a law passed by the country’s parliament last week that would end Tehran’s cooperation with the International Atomic Energy Agency (IAEA). 

The legislation was approved within days of the U.S. carrying out Operation Midnight Hammer, in which it struck three major nuclear sites in Iran: Natanz, Isfahan and Fordow.

The law stipulates that any future inspection of Iran’s nuclear facilities by the IAEA must be approved by the country’s Supreme National Security Council, according to Reuters. Iran maintains that the IAEA sided with the U.S. and Israel in the recent conflict. Additionally, Tehran claims that the IAEA’s resolution in early June paved the way for Israel’s strikes.

Pezeshkian’s order reportedly had no timetable or details about what the suspension of cooperation would entail, The Associated Press reported.

IAEA head of Media, Multimedia and Public Outreach Section and spokesperson Fredrik Dahl told Fox News Digital that the agency was still awaiting confirmation from Iran.

Nuclear negotiations between the U.S. and Iran have been on pause since Israel launched Operation Rising Lion. Iran then wavered on whether it would continue the talks, claiming that the U.S. was complicit in Israel’s actions. However, President Donald Trump appeared hopeful that the two countries would return to the table, even after the U.S.’ historic strikes. On June 25, the president told reporters that the U.S. would talk with Iran the following week.

Iranian Foreign Minister Abbas Araghchi recently told CBS News that ‘the doors for diplomacy will never slam shut.’ However, he also cast doubt on Trump’s timeline for when talks would resume.

‘I don’t think negotiations will restart as quickly as that,’ Araghchi told CBS News. ‘In order for us to decide to reengage, we will have to first ensure that America will not revert back to targeting us in a military attack during the negotiations.’

While Trump’s critics have argued that the administration has exaggerated the extent of the damage to Iran’s nuclear sites, parties involved in the conflict seemingly agreed on the status of the facilities. Iranian Foreign Ministry spokesperson Esmail Baghaei acknowledged that the sites were ‘badly damaged’ in an interview with Al Jazeera. 

This post appeared first on FOX NEWS

Critical minerals and energy company QEM Limited (ASX: QEM) is pleased to announce completion of the previously announced Leadership Transition (refer ASX Announcement 29 May 2025).

Highlights:

  • Seasoned global mining executive Robert Cooper has completed a comprehensive handover and is appointed to the QEM board as MD & CEO effective 2 July 2025.

With the Company entering its next stage of development, founder Gavin Loyden has retired as Managing Director and CEO effective 1 July 2025.

Mr Loyden has been instrumental in shaping the Company’s vision since 2014, securing the Julia Creek asset and progressing it into a nationally significant critical minerals project.

The Board is pleased to announce that Robert Cooper is appointed to the QEM board as Managing Director, effective 2 July 2025

Mr Cooper brings over 30 years of global mining experience, including senior executive leadership and non-executive board roles across the resources and battery materials sectors. He most recently served as MD/CEO of New Century Resources, and prior to that, as CEO of Round Oak Minerals, a wholly owned subsidiary of Washington H. Soul Pattinson (ASX:SOL). He has held senior roles with Discovery Metals, BHP, and has been a NED at Novonix ASX:NVX), Syndicated Metals, and Verdant Minerals.

Click here for the full ASX Release

This post appeared first on investingnews.com

Melbourne, Australia (ABN Newswire) – Lithium Universe Limited (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF) is pleased to announce that further to its announcement dated 18 June 2025 (Announcement), it has now completed legal due diligence to its absolute satisfaction. As such, the Company is now progressing towards completion of the Acquisition (defined below).

ACQUISITION DETAILS

As detailed in the Announcement, the Company has entered into a binding agreement to acquire the global rights to commercially exploit a patented photovoltaic (PV) solar panel recycling technology known as Microwave Joule Heating Technology. The rights will be secured via an exclusive licensing agreement with Macquarie University (MQU), held through an Australian-incorporated holding company, New Age Minerals Pty Ltd (NAM). The transaction will be effected by the Company acquiring 100% of the issued share capital of NAM (Acquisition).

As disclosed in the Announcement, completion of the Acquisition was conditional on the Company completing legal due diligence. This has now been completed to the satisfaction of the Company.

Completion was also conditional on the Company, NAM and MQU entering into a variation to the licensing agreement to reflect the change in ownership of NAM. The parties have since agreed in writing to waive this condition to allow completion of the Acquisition to proceed, with the variation to be entered into with MQU as soon as practicable following completion.

The Company will now proceed to the acquisition of NAM.

About Lithium Universe Ltd:  

Lithium Universe Ltd (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF), headed by industry trail blazer, Iggy Tan, and the Lithium Universe team has a proven track record of fast-tracking lithium projects, demonstrated by the successful development of the Mt Cattlin spodumene project for Galaxy Resources Limited.

Instead of exploring for the sake of exploration, Lithium Universe’s mission is to quickly obtain a resource and construct a spodumene-producing mine in Quebec, Canada. Unlike many other Lithium exploration companies, Lithium Universe possesses the essential expertise and skills to develop and construct profitable projects.

Source:
Lithium Universe Ltd

Contact:
Iggy Tan
Executive Chairman
Lithium Universe Limited
Email: info@lithiumuniverse.com

News Provided by ABN Newswire via QuoteMedia

This post appeared first on investingnews.com

Investor Insight

With a disciplined exploration strategy and a high-grade discovery focus, FinEx Metals is poised to become one of the most compelling new gold exploration companies in Europe. The company is led by a technically experienced and locally embedded team, backed by a tight share structure and strategic investor alignment.

Overview

FinEx Metals (TSXV:FINX) is an exploration-stage company focused on discovering Finland’s next high-grade gold deposit. Backed by NewQuest Capital Group, FinEx is strategically positioned near Europe’s largest gold mine, the Agnico Eagle’s Kittilä Mine, and sits within one of the most prospective but underexplored terrains globally – the Central Lapland Greenstone Belt.

FinEx has defined a 2.7-kilometer-long anomalous gold zone through a combination of trenching, rock sampling, and top-of-bedrock (ToB) drilling. The ToB campaign yielded 29 samples with assays ranging from 0.1 to 4.2 grams per ton (g/t) gold and revealed broad pathfinder anomalies in tellurium, bismuth, silver and arsenic, highlighting a robust geochemical footprint consistent with orogenic gold systems.

Additionally, 263 grab samples were collected from trench exposures, 52 of which returned values above 1 g/t gold, including 19 samples exceeding 10 g/t gold. The highest grade recorded to date is 95.1 g/t gold from a quartz-carbonate vein system, located within a zone extending over 250 meters. Ruoppa is fully permitted and drill-ready, with the maiden core drilling campaign scheduled to begin in August 2025. With an experienced local team, high-grade mineralization and proximity to active operations, FinEx offers a unique opportunity to invest in an early-stage gold explorer positioned for rapid value creation.

Company Highlights

  • High-grade Gold Focus in a Tier-one Address: Flagship Ruoppa project lies within 17 km of Agnico Eagle’s Kittilä Mine, the largest gold-producing mine in Europe.
  • Large, 100 percent Owned Land Package: FinEx controls a 100 percent owned, royalty-free portfolio of projects across the Central and Eastern Lapland greenstone belts.
  • Drill-ready Flagship Asset: The Ruoppa project is fully permitted and will commence its maiden diamond drill program in Q3 2025.
  • Exceptional Gold Grades: Rock grab samples from Ruoppa returned up to 95.1 g/t gold, with 52 samples over 1 g/t gold and 19 samples exceeding 10 g/t gold.
  • Strong Local Technical Team: Deep exploration experience in Finland with former Agnico Eagle, FQM and Anglo-American personnel leading geological efforts.

Flagship Project

Ruoppa Gold Project

The Ruoppa project is FinEx Metals’ flagship exploration asset, situated approximately 17 kilometers from Agnico Eagle’s Kittilä Mine, the largest primary gold producer in Europe. Located within Finland’s Central Lapland Greenstone Belt (CLGB), Ruoppa lies on the same structural and geological trend that hosts other major gold systems like Rupert Resources’ Ikkari discovery. The project is fully permitted and drill-ready, with a maiden diamond drill program scheduled to commence in Q3 2025.

The anomalous gold zone identified at Ruoppa extends over 2.7 kilometers and remains open in all directions. Ten trenches totaling 641 meters have been excavated across the highest-priority geophysical and geochemical anomalies, confirming both the lateral continuity and high-grade potential of the gold-bearing structures. This robust dataset has defined a compelling sulphide-rich gold target at depth, which will be tested during the upcoming diamond drill program.

Notably, the project will see its first-ever diamond drilling in Q3 2025. Ruoppa benefits from excellent access to infrastructure, including all-season roads, grid power and 5G connectivity.

Over the past four years, FinEx has conducted extensive early-stage exploration, including ToB drilling, trenching and rock sampling. A total of 263 rock grab samples have been collected from trench exposures, with 52 samples returning assays greater than 1 g/t gold and 19 samples exceeding 10 g/t gold. The highest recorded sample yielded 95.1 g/t gold, hosted in quartz-carbonate vein systems. ToB drilling, an efficient shallow drilling method ideal for glacially covered terrains, revealed additional gold potential with assays up to 4.2 g/t gold and strong pathfinder element anomalies in tellurium, bismuth, silver and arsenic.

Additional Projects

Luova Gold Project

The Luova project is located within the thickest core portion of the CLGB, less than 10 kilometers from the Kittilä Mine and adjacent to key exploration prospects such as Hanhimaa and Hakokodanmaa. This underexplored project shows all the hallmarks of a classic orogenic gold system, including thick sequences of Fe-tholeiitic basalts, large-scale shear zones acting as fluid conduits, and favorable trap rocks such as graphitic tuffs and banded iron formations.

Historical base-of-till sampling conducted by Outokumpu and Agnico Eagle revealed anomalous gold and copper values, including results up to 0.38 g/t gold and 0.49 percent copper. Despite these encouraging results, the Luova project remains undrilled, representing a significant near-surface gold discovery opportunity. Ionic leach soil samples and detailed magnetic surveys are planned to refine drill targets, with a focus on zones where interpreted thrust faults intersect favorable host rocks.

Kero Gold Project

The Kero project, explored in the early 2000s by the Geological Survey of Finland (GTK), is another advanced gold target in FinEx’s portfolio. GTK completed an extensive dataset that includes 7.7 kilometers of diamond drilling, trenching, bedrock mapping and multiple geophysical surveys (including IP, VLF-R and ground magnetics). Historic drill intercepts at Kero include 1.05 meters at 12.6 g/t gold and 3.3 meters at 2.3 g/t gold, while surface grab samples returned up to 25.6 g/t gold from carbonate-sulphide veins.

The gold mineralization is associated with hydrothermal alteration and complex structural settings, including fold hinges and lithological contacts. A 1.2-kilometer-long gold anomaly has been defined, and the structural complexity – characterized by multiple deformation orientations – indicates strong potential for structurally controlled high-grade zones. Kero is accessible year-round via gravel roads and is a strong candidate for follow-up trenching and re-logging of the historical core.

Tulppio Ni-PGE Project

Located in the Eastern Lapland Granite-Greenstone Belt, the Tulppio project represents FinEx’s entry into critical mineral exploration, specifically targeting nickel sulphides and platinum group elements (PGE). The project is positioned adjacent to the Sokli project, a world-class phosphate, iron and REE deposit operated by Finnish Minerals Group. Tulppio contains a large (5 km x 2 km) ultramafic intrusive complex, with a gravity signature suggesting the body extends to 2 kilometers in depth.

Historic shallow drilling (less than 100 meters depth) has already intercepted 3 meters at 1.12 g/t platinum+palladium and 0.49 percent nickel (including 1.5 meters at 1.54 g/t platinum+palladium), and 24 meters at 0.33 percent nickel with sulfur content up to 4,600 ppm. Ionic leach soil sampling across the project has identified multiple significant nickel-cobalt-copper-palladium-gold anomalies, underscoring the project’s polymetallic potential. According to the Geological Survey of Finland (2010), Tulppio’s PGE and nickel potential should be factored into future development of the Sokli region.

Ukko Gold-Copper Project

The Ukko project targets orogenic and potentially metamorphosed epithermal gold systems in an Archean greenstone setting. The geology comprises komatiites, mafic volcanics, massive sulphide lenses and mica schists – favorable hosts for both gold and base metal mineralization. Historical drilling by Outokumpu in 1985 intersected 2.05 meters at 2.25 g/t gold. Recent soil sampling has revealed a new gold-copper anomaly in the southeastern portion of the property, coinciding with high magnetic and conductive geophysical zones. Further geochemical and IP surveys are planned to constrain the structure and assess the potential for deeper epithermal or orogenic systems.

Management Team

Tero Kosonen – Chairman and CEO

A seasoned venture capitalist and natural resources investor, Tero Kosonen brings more than 30 years of experience in private equity and management. As co-founder of NewQuest Capital, he has led numerous early-stage ventures across energy and mining. He provides strategic leadership and capital markets expertise to FinEx.

Dr. Petri Peltonen – Chief Geologist

A globally respected exploration geologist with over 30 years of experience in gold, nickel and iron ore exploration, Dr. Petri Peltonen is the former exploration manager – Europe for FQM. He is an Associated Professor at the University of Helsinki. Peltonen ensures technical rigour and exploration success at FinEx.

Sandra Wong – CFO

With over 20 years in financial leadership roles across publicly listed companies, Sandra Wong brings deep experience in accounting, compliance and governance – critical for a newly listed entity with aggressive exploration goals.

Eetu Jokela – Project Manager

A local geologist with direct exploration experience with Agnico Eagle, Eetu Jokela is responsible for day-to-day field operations and geological planning, combining practical know-how with deep regional knowledge.

Olli Silvonen – Exploration Geologist

Experienced in regional greenfields exploration, Olli Silvonen supports mapping, sampling and trenching programs with a strong focus on gold and nickel-copper-PGE systems within the CLGB.

Jukka Jokela – Senior Advisor

The former CEO of Anglo American Sakatti Mining, Jukka Jokela offers more than 35 years of exploration and ESG leadership in the Nordic region, adding valuable permitting and stakeholder engagement capacity.

Dr. Pasi Eilu – Senior Advisor

With 40 years in academic and field exploration, Dr. Pasi Eilu is a recognized expert on greenstone-hosted gold and critical minerals in Finland. His work has shaped much of the geological understanding in Lapland.

Phil Smerchanski – Senior Technical Advisor

Phil Smerchanski brings more than two decades of experience in nickel and gold systems. A former senior technical lead at Oxygen Capital and Anglo American, he provides technical guidance across project pipeline development.

This post appeared first on investingnews.com