Breaking
Bond Anchor
Author

admin

Browsing
Investing

Crypto Market Update: Klarna Raises US$1.37 Billion in IPO, SEC Shares Crypto Blueprint

Here’s a quick recap of the crypto landscape for Wednesday (September 10) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$113,543, a 1.9 percent increase in 24 hours. Its highest valuation of the day was US$114,246, and its lowest was US$112,205.

Bitcoin price performance, September 10, 2025.

Chart via TradingView.

Bitcoin broke through US$114,000 on Wednesday after US producer price index numbers for August came in lower than expected, thanks to a decline in the cost of services.

Crypto trader Rekt Capital has identified US$113,000 as a potential resistance zone.

“Each rejection from $113k (red) has yielded shallower and shallower pullbacks,” he commented. ‘It has taken some time but it is increasingly looking like $113k is weakening as a point of rejection.’

“It’s unlikely Bitcoin has already peaked in its Bull Market because that would effectively mean that this cycle was one of the shortest of all time,” he said in another post, suggesting Bitcoin could have more room to run.

Ether (ETH) was priced at US$4,324.50, an increase of 0.7 percent over the past 24 hours. Its highest valuation on Wednesday was US$4,437.72, and its lowest was US$4,305.60.

Altcoin price update

  • Solana (SOL) was priced at US$221.78, an increase of 2.4 percent over the last 24 hours. Its highest valuation on Wednesday was US$224.95, and its lowest level was US$219.27.
  • XRP was trading for US$2.98, up by 0.4 percent in the past 24 hours. Its highest valuation of the day was US$3.02, and its lowest valuation was US$2.96.
  • SUI (Sui) was valued at US$3.55, up by 2.3 percent in the past 24 hours. Its highest price on Wednesday was US$3.62 and its lowest was US$.351.
  • Cardano (ADA) was priced at US$0.8757, up by 1.5 percent over 24 hours. Its highest valuation on Wednesday was US$0.8933, and its lowest was US$0.8726.

Today’s crypto news to know

Klarna secures US$1.37 billion in New York IPO

Klarna (NYSE:KLAR) raised US$1.37 billion in its US initial public offering (IPO) this week, marking one of the largest fintech listings of the year and a potential catalyst for other high-growth firms eyeing Wall Street.

The Swedish buy-now-pay-later company sold 34.3 million shares at US$40 each, topping its expected price range and valuing the firm at roughly US$15 billion. Investor appetite was strong, with the deal oversubscribed 25 times. The figure, however, is still far below the US$45 billion valuation it commanded at the peak of its pandemic surge.

Klarna, backed by Sequoia Capital, has been unprofitable since expanding aggressively in the US, where costs have climbed faster than revenues. The company’s losses widened to US$52 million in the second quarter, but overall sales still grew nearly 21 percent year-on-year.

SEC unveils ‘bold blueprint’ for crypto regulation

At an Organization for Economic Cooperation and Development roundtable in Paris, France, on Wednesday, US Securities and Exchange Commission (SEC) Chair Paul Atkins outlined a “bold blueprint” to accommodate blockchain-based financial markets with modern securities regulations under the Project Crypto initiative.

“It is a new day at the SEC,” Atkins said. “Policy will no longer be set by ad hoc enforcement actions. We will provide clear, predictable rules of the road so that innovators can thrive in the United States.

Under the SEC’s new regulatory approach, most crypto tokens will not be classified as securities. The initiative also aims to modernize securities rules to enable crypto platforms to operate as so-called super apps that offer trading, lending and staking services under one unified regulatory framework. Additionally, the SEC is preparing for the expanding role of artificial intelligence (AI) in finance by creating an AI task force and encouraging innovation in agentic finance.

Paxos teams up with PayPal and Venmo for USDH stablecoin

Stablecoin issuer Paxos has updated its proposal to issue USDH, the planned stablecoin of decentralized exchange Hyperliquid, adding support from PayPal Holdings (NASDAQ:PYPL) and Venmo.

According to the announcement, PayPal will support both the HYPE token and USDH at its checkout, as well as provide US$20 million in incentives committed to the HYPE ecosystem.

The company will also integrate USDH into its payment app, Venmo and its money remittance service, Xoom.

Paxos indicated that USDH could achieve global circulation due to its regulatory status within the EU. “Paxos is the only issuer in the world today that can ensure that USDH can scale globally in a fully compliant manner,” it said.

The company reiterated that its commitment to Hyperliquid is structured so that “Paxos only wins if Hyperliquid wins,” meaning its revenue share from the USDH stablecoin only begins after reaching significant growth milestones, and all revenue from USDH will be reinvested into growing Hyperliquid and its ecosystem until it reaches a TVL of US$1 billion. Beyond a TVL of US$5 billion, Paxos will cap its revenue share at 5 percent.

Cboe to launch long-term BTC and ETH futures

Cboe Global Markets announced on Wednesday that it plans to launch 10 year continuous futures contracts for Bitcoin and Ether from November 10, 2025, pending regulatory approval.

Traditional futures contracts have short durations and expire regularly, requiring traders to roll their positions into new contracts, which can be complex and costly. Cboe’s proposed product means investors will be able to hold a position in Bitcoin or Ether futures for up to 10 years, offering a new way for investors to gain or manage long-term exposure.

These contracts are cash settled and priced in alignment with the real-time spot prices of Bitcoin and Ethereum, and will use a daily funding rate adjustment to keep the futures price closely tied to the underlying crypto price, functioning similarly to popular perpetual futures in decentralized finance markets.

This launch marks Cboe’s expansion into offering perpetual-style crypto futures under US regulation.

India leans away from sweeping crypto regulation

India is signaling it will avoid a full-scale regulatory framework for cryptocurrencies, according to a government paper reviewed by Reuters. The document reiterates the Reserve Bank of India’s view that regulating digital assets could unintentionally confer legitimacy and increase risks to the broader financial system.

Instead, officials are leaning toward limited oversight, wary of speculative trading and systemic contagion.

This stance comes as other major economies, including Japan and Australia, advance regulatory regimes while China keeps its outright ban in place. US developments, including federal recognition of stablecoins, have added pressure on India to clarify its position, but policymakers remain cautious. Attempts to ban private cryptocurrencies in 2021 stalled, and a planned 2024 discussion paper was shelved pending international consensus.

For now, India is prioritizing containment over expansion, even as Bitcoin prices and global adoption hit record highs.

Rapyd launches stablecoin payment suite

Fintech platform Rapyd has introduced its Stablecoin Payment Solutions, giving businesses the ability to accept, settle and pay out using stablecoins through one integrated system. The offering is pitched as an answer to fragmented global money movement, consolidating what has often required multiple providers into a single platform.

Rapyd aims to tap over US$27 trillion in stablecoin transaction volume recorded across blockchains this year.

The platform enables real-time payouts, treasury management and currency conversion, potentially easing reliance on traditional rails like SWIFT. Executives at the company say the new service is aimed at industries ranging from gaming to global e-commerce, where speed and liquidity are critical.

As both US and European regulators formalize rules under the GENIUS Act and MiCA, Rapyd is betting that its unified approach can help enterprises cut costs and streamline cross-border operations.

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

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

This post appeared first on investingnews.com

Keep Reading
By
Investing

Newmont to Exit Toronto Stock Exchange as Cost Cuts Deepen

Newmont (TSX:NGT,NYSE:NEM,ASX:NEM) is preparing to withdraw from the Toronto Stock Exchange later this month, 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 Wednesday 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 New York Stock Exchange, where it maintains its primary listing, as well as on the Australian Securities Exchange 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 an 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, a Canadian rival considered one of the industry’s leanest producers.

Costs have also 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.

Chief Executive Officer 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 swiftly 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 $850 million, and its stake in the Porcupine operations for US$425 million.

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

Despite higher costs, Newmont shares have surged 95 percent this year, followed by also announcing 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

Keep Reading
By
Investing

Altech Batteries LtdCERENERGY Battery Prototype Reaches Key Milestones

Perth, Australia (ABN Newswire) – Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) (OTCMKTS:ALTHF) is pleased to announce the latest performance results of the CERENERGY(R) cell and battery pack prototypes. These results confirm the technological maturity and robustness of the CERENERGY(R) technology and mark another decisive step towards industrialisation.

Highlights

– 650+ cycles with no capacity loss, proving exceptional material stability and long operational lifespan compared to conventional batteries

– Near 100% Coulombic efficiency, confirming minimal side reactions and strong intrinsic safety of sodium nickel chloride chemistry

– High energy efficiency of up to 92%, surpassing typical 70-80% levels of competing battery technologies

– Proven safety under extreme conditions – cells remained stable during overcharge, deep discharge, and thermal cycling up to 300 degC with no gassing, leakage, or rupture

– Robust and reliable chemistry – sodium nickel chloride avoids flammable electrolytes and runaway risks, confirming suitability for safe, large-scale grid and renewable energy storage

– ABS60 prototype validated under real-world conditions -tested across diverse load profiles, high-current pulses up to 50 A, and thermal variations

– Stable, efficient performance – achieved ~88% round-trip efficiency with no observable capacity fade over 110+ cycles

CELL PERFORMANCE

The CERENERGY(R) prototype cells have successfully completed over 650 charge-discharge cycles without any detectable capacity loss. Cycle life is a critical measure of battery durability, as most conventional batteries experience gradual degradation with every cycle. Achieving such performance highlights the outstanding stability of the materials and points to the potential for a long operational lifespan.

For stationary energy storage systems (ESS), this translates into fewer battery replacements, lower lifetime operating costs, and greater reliability for end users.

The cells also delivered nearly 100% Coulombic efficiency alongside an energy efficiency of up to 92% across 650 cycles. Coulombic efficiency reflects the proportion of charge recovered during discharge relative to what was supplied during charging. A value approaching 100% indicates minimal side reactions or parasitic losses, confirming the intrinsic stability and safety of sodium nickel chloride chemistry. This high efficiency demonstrates that the cells are not expending energy on unwanted processes such as electrode degradation. Such performance is vital for scalability, ensuring reliable, longterm operation in commercial energy storage applications.

Energy efficiency represents the proportion of energy delivered relative to the energy supplied. Competing technologies, including conventional high-temperature batteries and many flow batteries, typically achieve only around 70-80%. By reaching 92%, CERENERGY(R) positions itself in a highly competitive class, offering more cost-effective energy storage, stronger economics for grid operators, and seamless compatibility with the requirements of renewable energy integration.

The cells achieved a nominal capacity of 100 Ah and 250 Wh, with reliable performance even at higher discharge rates. A key feature is their ability to support multiple daily charge-discharge cycles within the 20-80% state of charge (SoC) range at 25 A. This capability positions CERENERGY(R) as a highly flexible solution for grid operators and energy storage providers, enabling cost-efficient, long-life performance in applications that demand frequent cycling such as renewable integration, peak shaving, and backup power.

CERENERGY(R) prototype cells underwent rigorous abuse testing, including overcharge to 4 V, deep discharge to 0.2 V, and thermal cycling between room temperature and 300 degC. In all cases, the cells remained stable with no gassing, leakage, or rupture -clear proof of their outstanding safety. These results highlight the intrinsic stability of sodium nickel chloride chemistry, which avoids the flammable electrolytes and runaway risks common in lithium-ion batteries. The ability to withstand extreme electrical and thermal stress demonstrates CERENERGY(R)’s robustness and confirms its suitability for safe, largescale deployment in grid, renewable, and industrial energy storage applications. This was achieved over 3 cycles with 1.8 Full Charge Equivalent (FCE) into 22 hours.

BATTERY PACK ABS60 (60 kWh) PROTOTYPE

The first ABS60 battery pack prototype has been successfully validated under real-world operating conditions, marking a major step forward in product readiness. Testing included diverse load profiles,

continuous discharges at 25 A (equivalent to C-rate of C/4 (discharges in 4 hours), or one-quarter of the pack’s rated capacity per hour) at 80% depth of discharge (DoD), short-duration high-current pulses up to 50 A, and carefully controlled thermal variations.

The pack consistently demonstrated stable performance, achieving ~88% round-trip efficiency while maintaining reliable thermal management. Efficiency refers to the proportion of input energy that can be retrieved during operation-a critical measure of economic viability for large-scale storage. Over more than 110 cycles, results showed no observable capacity fading and only a slight increase in internal resistance. Capacity fading refers to the gradual decline in usable energy over repeated cycles, while internal resistance influences power delivery and heat generation.

The absence of meaningful degradation confirms the durability and electrochemical stability of the ABS60 design. These outcomes are highly significant as they demonstrate that the pack can withstand real-world duty cycles while retaining performance and efficiency, translating into longer service life, fewer replacements, and lower total cost of ownership.

For grid operators and renewable integration projects, this combination of robust cycling capability, efficiency, and thermal stability underscores the ABS60’s commercial readiness and competitive advantage in the stationary energy storage market.

These results are a strong confirmation of CERENERGY(R)’s technological leadership and a clear signal of the technology’s competitiveness and robustness for future applications in energy storage and industrial markets.

Group Managing Director, Iggy Tan said ‘These results confirm CERENERGY(R)’s robustness and readiness for market adoption. Demonstrating long cycle life, high efficiency, and unmatched safety, we are now strongly positioned to deliver a competitive and sustainable alternative for grid and industrial energy storage.’

*To view photographs, tables and figures, please visit:
https://abnnewswire.net/lnk/17QS44T3

About Altech Batteries Ltd:

Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS (‘Fraunhofer’) to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.

The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech’s land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.

Source:
Altech Batteries Ltd

Contact:
Corporate
Iggy Tan
Managing Director
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com

Martin Stein
Chief Financial Officer
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com

News Provided by ABN Newswire via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
By
Investing

Canada’s First Set of Nation-Building Projects Paves Way for Mining, Energy Operations

Canadian Prime Minister Mark Carney has announced the country’s first five nation-building projects.

In March and April, the Build Canada Strong platform was a cornerstone of Carney’s election campaign, which came amid increasing trade tensions between Canada and the US. Among his promises was to create a Major Projects Office (MPO) that would review projects deemed to be in the national interest.

That office was established over the summer, with a release saying it would be headquartered in Calgary and overseen by former TransAlta (TSX:TA,NYSE:TSE) and Trans Mountain CEO Dawn Farrell.

The MPO was created as part of a shift in the regulatory framework for approving infrastructure and resource projects in Canada. Part of that will involve streamlining reviews and assessments, as well as reducing duplication between the federal and provincial governments, an issue that has hindered investment in Canada over the last 20 years.

“One of many studies has shown that the regulatory requirements in Canada have increased by more than 40 percent since 2006 and that’s been suppressing investment growth by 9 percent,” Carney said on Thursday (September 11).

In his statement, the prime minister introduced the first tranche of projects, and suggested the second will be announced before the Canadian Football League’s Grey Cup match, scheduled for November 16.

He also outlined criteria for projects to be covered by the MPO. They must be in the national interest, and must strengthen Canada’s autonomy, resilience and security; they must also have clear benefits for Canadians.

The first group of projects selected by the MPO has already seen significant development.

The prime minister noted that they have already been through extensive consultation with Indigenous communities, and have worked with provincial and territorial governments to meet necessary regulatory standards.

For these, Carney said the goal is for the MPO to get them across the finish line.

“In some cases, they are in the last stages of regulatory approvals. In most cases, there is some aspect of the financing or support packages for the projects that remain to be determined,” he said.

Mining, energy projects highlighted in first tranche

Among the first five projects featured are three involving Canada’s mining and energy sectors:

        Additionally, the MPO has committed to supporting the Darlington New Nuclear Project in Clarington, Ontario. This project aims to develop the first small modular reactor in a G7 country.

        The MPO will also help speed up the expansion of the Contrecour Terminal container project at the Port of Montreal. This expansion is expected to boost shipping volumes along the St. Lawrence Seaway.

        A project that could be included in a future announcement is the Pathways Plus carbon capture project, which the prime minister said will eventually lead to further oil sands development and the construction of a pipeline to reach markets beyond the US. Additionally, Carney said the MPO is looking at upgrades to the Port of Churchill, as well as an Arctic economic and security corridor, a high-speed rail corridor between Toronto and Québec City and Wind West Atlantic Energy, which would provide wind power to the provinces on the Atlantic coast.

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

        This post appeared first on investingnews.com

        Keep Reading
        By
        Investing

        WPIC: Platinum to Hit Third Annual Deficit as Supply Fails to Meet Demand

        Platinum is heading for a third consecutive annual deficit in 2025, with the World Platinum Investment Council (WPIC) projecting an 850,000 ounce shortfall as demand continues to outpace weak mine supply.

        In its latest Platinum Quarterly, the WPIC states that despite a 22 percent year-on-year decline in demand, a lack of metal is expected to create a supply shortfall that’s only 13 percent lower than 2024’s 968,000 ounce shortfall.

        Its call comes amid a price breakout for platinum, which pushed past US$1,450 per ounce in July.

        Why is the platinum market in deficit?

        The biggest challenge for platinum has been weak refined production, which slipped to 1.45 million ounces during the quarter from 1.54 million ounces produced during the same time last year.

        This has led the WPIC to predict a 6 percent decrease in primary supply to 5.43 million ounces, down from the 5.76 million ounces produced in 2024. Output declines in top producer South Africa have had outsized effects on supply, as Q1 output came in at just 713,000 ounces, as heavy rainfalls negatively impacted production.

        Although output grew to 1.05 million ounces in the second quarter, it was still 8 percent lower than in Q2 2024.

        Additional decreases to output are also expected in Zimbabwe and North America, slipping 4 percent and 26 percent, respectively. However, Russia is set to see a 1 percent rise in output, increasing to 686,000 ounces from 677,000 in 2024.

        On a more positive note, recycling supply saw an increase to 423,000 ounces during Q2 from 379,000 reported in 2024. This has led the WPIC to predict a 6 percent annual increase to 1.6 million ounces from 1.52 million last year.

        The majority of this increase comes from growth in automotive recycling, aided by higher platinum group basket prices. However, the WPIC notes that despite the growth, recycling will remain depressed compared to historic levels.

        The WPIC predicts an overall supply decrease of 3 percent in 2025 to 7.03 million ounces, from 7.28 million ounces in 2024. With three years of deficits, the group is also expecting further drawdowns of above-ground stocks with a 22 percent decrease to 2.98 million ounces, representing four and a half months of demand coverage.

        In recent years, stockpiles have fallen from 5.51 million ounces in 2022 to 4.8 million ounces in 2023 and 3.83 million ounces in 2024.

        “I don’t think we’re going to see any meaningful mine supply response at these levels. It’s also worth bearing in mind that these are, for the most part, deep-level underground mines. So even if we had another 50 percent increase in the basket price, you’re still not going to see a supply response over the near to medium term,” he said.

        Watch Sterck discuss the platinum market.

        He went on to explain that development times for mining operations will take several years and wouldn’t be possible on time frames shorter than 18 months.

        “Recycling is definitely much more price elastic than mine supply over the near to medium term,” Sterck said.

        However, he added that while people tend to scrap vehicles at a consistent rate, the pace and overall supply entering the market from the auto sector is constrained.

        “Yes, we’ve seen quite a big increase in the platinum price year to date, but it’s not the main driver of the economics for those scrap aggregators and recyclers. It’s really more of a palladium story, even more so than rhodium. So, you need a sustained increase in palladium prices to drive a meaningful change there,” Sterck said.

        Demand to weaken in 2025, jewelry a bright spot

        Despite the expected deficit, the WPIC expects demand to weaken this year.

        Q2 saw automotive demand fall to 769,000 ounces, down from 788,000 ounces in the year-ago period.

        The WPIC’s expectation is that the auto sector will require 3.03 million ounces of platinum in 2025, a 3 percent decrease from the 3.11 million ounces needed in 2024. Likewise, the council is expecting a decrease in industrial demand for the metal as consumption drops off by 22 percent to 1.9 million, down from 2.42 million ounces last year.

        Jewelry demand, however, has been on the rise, with the expectation that it will increase by 11 percent to 2.23 million ounces in 2025. The WPIC suggests the higher growth is owed to its discount relative to gold, and notes that it is seeing the most substantial increase in China — fabrication is seen growing 42 percent in 2025 to 585,000 ounces.

        “What’s driving that increase has been fabrication funded by wholesalers, and they’re promoting platinum because they’ve seen a huge drop in their gold jewelry sales,” Sterck explained.

        Despite an increase in holdings of bars, coins and exchange-traded funds, overall investment demand was dragged down in Q2 by a 317,000 ounce decrease in stocks held in exchanges due to tariff-related concerns.

        Sterck said ongoing uncertainty in the platinum market earlier this year caused physical metal to shift from overseas markets into the US as traders began to worry about tariffs being applied.

        Although movement reversed as traders were told tariffs wouldn’t be applied, fears were later stoked when copper tariffs were announced, and an “ideological disconnect” between the White House and South Africa emerged.

        “Given that the current US administration has shown that it is willing to use tariffs as a kind of stick, if you like, for enacting foreign policy, you kind of come back to this sort of whole situation where there’s a non-zero chance of platinum being subject to tariffs in the US,” Sterck commented during the conversation.

        Overall, the WPIC expects total platinum demand to drop by 4 percent year-on-year in 2025 to 7.88 million ounces.

        Will the platinum price rise further in 2025?

        Fundamentals should remain the primary driver for platinum. Despite weakening demand through the first half of 2025, a structural deficit in the market still exists due to a lack of supply to close the gap.

        However, Sterck suggested the mining supply is likely to increase before the end of the year.

        “This year was particularly accentuated by flooding in South Africa during the first quarter of the year, so we do expect a bit of an increase in mining supply,” he said. However, he also noted that until there are more significant changes to the amount of supply, the price conditions aren’t likely to change much.

        “Fundamentally, at the moment, it just appears that the platinum price at current levels isn’t sufficient to attract enough metal into the market to really ease those market conditions,” Sterck noted.

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

        This post appeared first on investingnews.com

        Keep Reading
        By
        Investing

        Stallion Uranium Announces Grant of Options

        NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

        Stallion Uranium Corp. (the ‘ Company ‘ or ‘ Stallion ‘ ) ( TSX-V: STUD ; OTCQB: STLNF ; FSE: FE0 ) is pleased to announce that under the Company’s stock option plan dated October 8, 2024 (the ‘ Plan ‘), the Company has granted a total of 3,100,000 stock options (‘ Options ‘) to certain directors, officers and consultants of the Company.

        Each Option is exercisable for one common share of the Company at an exercise price of $0.45 per share for a period of five years from the date of grant. 50% of the Options granted will vest immediately and 50% of the Options will vest in six months from the date of grant. All Options are subject to the terms of the Company’s Plan, applicable securities law hold periods and approval of the TSX Venture Exchange.

        About Stallion Uranium Corp.:

        Stallion Uranium is working to ‘Fuel the Future with Uranium’ through the exploration of roughly 1,700 sq/km in the Athabasca Basin, home to the largest high-grade uranium deposits in the world. The company, with JV partner Atha Energy holds the largest contiguous project in the Western Athabasca Basin adjacent to multiple high-grade discovery zones.

        Our leadership and advisory teams are comprised of uranium and precious metals exploration experts with the capital markets experience and the technical talent for acquiring and exploring early-stage properties. For more information visit stallionuranium.com .

        On Behalf of the Board of Stallion Uranium Corp.:

        Matthew Schwab
        CEO and Director

        Corporate Office:
        700 – 838 West Hastings Street,
        Vancouver, British Columbia,
        V6C 0A6

        T: 604-551-2360
        info@stallionuranium.com

        Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

        This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, ‘forward-looking statements’) that relate to the Company’s current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as ‘will likely result’, ‘are expected to’, ‘expects’, ‘will continue’, ‘is anticipated’, ‘anticipates’, ‘believes’, ‘estimated’, ‘intends’, ‘plans’, ‘forecast’, ‘projection’, ‘strategy’, ‘objective’ and ‘outlook’) are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this material change report should not be unduly relied upon. These statements speak only as of the date they are made.

        Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this presentation are expressly qualified in their entirety by this cautionary statement .

        News Provided by GlobeNewswire via QuoteMedia

        This post appeared first on investingnews.com

        Keep Reading
        By
        Investing

        Homerun Resources Inc. Signs Binding LOI for the Acquisition of Additional Mineral Rights in the Santa Maria Eterna Silica Sand District

        News Release Highlights:

        • Homerun has now secured ownership and supply agreements covering the entire Santa Maria Eterna Silica Sand District.
        • The new Pedreiras concession is fully permitted with a low royalty rate of R$ 30.17 per extracted tonne.
        • The Pedreiras concessions have been drilled to a depth of 8 metres with a 32 million tonne resource filed at the Agência Nacional de Mineração (ANM).
        • The Company’s target resource under the three CBPM Lease acquisitions now exceeds 200 million tonnes.

        Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) (OTCQB: HMRFF) (‘Homerun’ or the ‘Company’) is pleased to announce it has signed a binding Letter of Intent (LOI) with Pedreiras do Brasil S.A. (‘Pedreiras’) a company controlled by Vitoria Stone, dated September 10, 2025, securing the rights to exploit the Pedreiras mining tenement (871.7212021, 246.36 hectares) at the Santa Maria Eterna Silica Sand District in the municipality of Belmonte, Bahia, Brazil, granted under a lease agreement with Companhia Bahiana de Pesquisa Mineral (CBPM).

        This LOI enables Homerun to acquire all exploitation rights and obligations currently held by Pedreiras under the CBPM Lease, on a measured resource of 32 million tonnes (auger drilled to 8 metres) filed at the ANM and is fully permitted with a royalty payment to CBPM of R$30.17 per extracted tonne. (the ‘Acquisition’).

        This is now the third CBPM lease acquisition by Homerun marking a significant step in the continuing strategic plan to consolidate control over the Santa Maria Eterna Silica Sand District. By controlling the district, Homerun secures uninterrupted access to a unique large-tonnage high-purity silica sand district, solidifying supply chains, enabling a competitive advantage in vertical integration, achieving pricing power and removing market competition. It also strengthens Homerun’s position when seeking funding or strategic partners as the Company can offer certainty of secure long-life supply and scale. The Company’s target resource over the areas of the three acquisitions now exceeds 200 million tonnes, including a current NI 43-101 mineral resource estimate of 63 million tonnes. This strategic consolidation has been achieved for total capital outlay of US$2.1 million, a fraction of the implied value based on the US$150 per tonne transfer price for the planned primary use-case in the Company’s Solar Glass Manufacturing facility which is being built next to these resources.

        Brian Leeners, CEO of Homerun stated, ‘This marks a major milestone for Homerun. With district control we are positioned to unlock the full potential of Santa Maria Eterna. Our team has delivered this consolidation with minimal capital, laying the foundation for significant value creation as we advance towards production. We want to thank our management team for this effort in strategically building significant asset value for Homerun and its shareholders.’

        The transaction will be settled with US$1,200,000 in Homerun common shares (valued at CA$1.00 per share) and US$200,000 in share purchase warrants (exercisable at CA$1.00 per share). The issuance of the Homerun common shares and warrants will be subject to standard director, shareholder and regulatory approvals and specifically the approval of the TSX Venture Exchange. The Homerun common shares issued under the terms of this agreement will be subject to a standard 4-Month statutory hold period. Pedreiras agrees to contact Homerun regarding the sale of any Homerun common shares and also agrees to limit the sale of the Homerun common shares in any given month to 100,000 if required to sell.

        Figure 1: location of existing Homerun controlled claims via CBPM Lease Agreement (red and blue) and the new claims under the Pedreiras Agreement (in black).

        To view an enhanced version of this graphic, please visit:
        https://images.newsfilecorp.com/files/4082/266168_b188dd55f4d37bab_001full.jpg

        About Homerun (www.homerunresources.com)

        Homerun (TSXV: HMR,OTC:HMRFF) is a vertically integrated materials leader revolutionizing green energy solutions through advanced silica technologies. As an emerging force outside of China for high-purity quartz (HPQ) silica innovation, the Company controls the full industrial vertical from raw material extraction to cutting-edge solar, battery and energy storage solutions. Our dual-engine vertical integration strategy combines:

        Homerun Advanced Materials

        • Utilizing Homerun’s robust supply of high purity silica sand and quartz silica materials to facilitate domestic and international sales of processed silica through the development of a 120,000 tpy processing plant.
        • Pioneering zero-waste thermoelectric purification and advanced materials processing technologies with University of California – Davis.

        Homerun Energy Solutions

        • Building Latin America’s first dedicated high-efficiency, 365,000 tpy solar glass manufacturing facility and pioneering new solar technologies based on years of experience as an industry leader in developing photovoltaic technologies with a specialization in perovskite photovoltaics.
        • European leader in the marketing, distribution and sales of alternative energy solutions into the commercial and industrial segments (B2B).
        • Commercializing Artificial Intelligence (AI) Energy Management and Control System Solutions (hardware and software) for energy capture, energy storage and efficient energy use.
        • Partnering with U.S. Dept. of Energy/NREL on the development of the Enduring long-duration energy storage system utilizing the Company’s high-purity silica sand for industrial heat and electricity arbitrage and complementary silica purification.

        With multiple profit centers built within the vertical strategy and all gaining economic advantage utilizing the Company’s HPQ silica, across, solar, battery and energy storage solutions, Homerun is positioned to capitalize on high-growth global energy transition markets. The 3-phase development plan has achieved all key milestones in a timely manner, including government partnerships, scalable logistical market access, and breakthrough IP in advanced materials processing and energy solutions.

        Homerun maintains an uncompromising commitment to ESG principles, deploying the cleanest and most sustainable production technologies across all operations while benefiting the people in the communities where the Company operates. As we advance revenue generation and vertical integration in 2025, the Company continues to deliver shareholder value through strategic execution within the unstoppable global energy transition.

        On behalf of the Board of Directors of
        Homerun Resources Inc.

        ‘Brian Leeners’

        Brian Leeners, CEO & Director
        brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)

        Tyler Muir, Investor Relations
        info@homerunresources.com / +1 306-690-8886 (WhatsApp)

        FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

        The information contained herein contains ‘forward-looking statements’ within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be ‘forward-looking statements’.

        Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

        To view the source version of this press release, please visit https://www.newsfilecorp.com/release/266168

        News Provided by Newsfile via QuoteMedia

        This post appeared first on investingnews.com

        Keep Reading
        By
        Politics

        Charlie Kirk assassination sparks bipartisan uproar over political violence as Utah manhunt underway

        Lawmakers bridged the partisan divide on Wednesday after news that conservative activist Charlie Kirk, 31, was killed from a gunshot wound. 

        Prayers for Kirk’s recovery on social media swiftly turned into condolences to his family and a widespread condemnation of political violence from both Republicans and Democrats. 

        ‘It’s devastating news,’ House Speaker Mike Johnson, R-La., said. ‘The idea that political violence has taken one of the strongest voices on the conservative side is a great heartbreak. Charlie was a close friend of mine and a confidant, and he will be sorely missed, and we need every political leader to decry the violence and to do it loudly. The problem is in the human heart, and it’s gotten out of hand.’

        ‘This is beyond terrible,’ Sen. Ruben Gallego, D-Ariz., said. ‘Charlie Kirk was a husband, father, and son. Violence is never the answer. Sydney and I are keeping the Kirk family in our prayers.’

        Senate Majority Leader John Thune, R-S.D., addressed Kirk’s death on the Senate floor and said that ‘political violence, which this attack seems to be, has no place in this country — none.’ 

        ‘I’m deeply disturbed about the threat of violence that has entered our political life, and I pray that we will remember that every person, no matter how vehement our disagreement with them, is a human being and a fellow American deserving of respect and protection,’ he said. 

        President Donald Trump confirmed the news on Truth Social and said, ‘No one understood or had the Heart of the Youth in the United States of America better than Charlie.’ 

        Kirk was shot during an event on his ‘American Comeback Tour’ at Utah Valley University on Wednesday afternoon. The university initially said that a suspect was in custody but later announced that the person was released.

        Campus police on Wednesday afternoon asked students to call a hotline and be escorted off.

        Sen. Mike Lee, R-Utah, called Kirk ‘an American patriot, an inspiration to countless young people to stand up and defend the timeless truths that make our country great.’ 

        ‘This murder was a cowardly act of violence, an attack on champions of freedom like Charlie, the students who gathered for civil debate, and all Americans who peacefully strive to save our nation,’ he said. 

        ‘The terrorists will not win,’ he continued. ‘Charlie will. Please join me in praying for his wife Erika and their children. May justice be swift.’

        Sen. John Fetterman, D-Pa., urged, ‘We must collectively find a way forward during these polarized times.’ 

        His death follows a wave of high-profile political assassination attempts in an increasingly polarized political environment. 

        Trump survived two separate assassination attempts within weeks of each other while running for re-election in 2024. Meanwhile, a gunman in Minnesota shot and killed state Rep. Melissa Hortman and her husband, while critically injuring another state lawmaker, this past June.

        This post appeared first on FOX NEWS

        Keep Reading
        By
        Politics

        Self-representation ‘almost always a mistake,’ expert warns as Trump trial begins

        Ryan Routh – accused of attempting to assassinate President Donald Trump when he was a major candidate in the 2024 election at his Florida golf club last year – has chosen to represent himself in court, a decision one legal expert says could prove disastrous.

        Cully Simson, a former prosecutor, defense attorney and judge, told Fox News Digital that while the Constitution guarantees the right to self-representation, it’s ‘almost always a mistake.’

        ‘It really makes no sense for somebody to defend themselves, especially in a serious case,’ he said. ‘They have the right to do it, but it’s not prudent.’ 

        Self-representation creates risks and an unusual courtroom dynamic where the judge and prosecutor ‘have to pull their punches’ to protect the record, and essentially ‘protect the defendant from himself.’

        A seasoned defense attorney knows how to put prosecutors to the test, forcing them to prove every element of the case and carefully laying the groundwork for potential appeals. When a defendant represents himself, Simson said, that kind of strategy is completely missing.

        ‘And so what ends up happening is the judge and the prosecutor has to play, in a weird way, a defensive role, in addition to the role of the judge being a neutral and impartial arbiter of the law, and the prosecutor just be the person who advocates on behalf of the government. You have to essentially protect the defendant from himself, and that is so much more difficult,’ he said.

        Simson said defense attorneys typically ‘push the envelope’ and force the government to object, but when someone is representing themselves, lawyers hold back ‘because he’s not going to be smart enough or educated enough to object.’

        This can sometimes create an atmosphere where a ‘right to a fair trial’ can become skewed – and it’s something law students study, too.

        ‘That’s that sophisticated point that law students talk about, and lawyers talk about. If you had a public defender or a private defense counsel who wasn’t very good and made a number of mistakes during the trial, if the guy’s convicted, one of the first things on appeal is you’ll claim ineffective assistance of counsel,’ Simson said.

        ‘You can’t claim ineffective assistance of counsel when you represent yourself.’

        When asked if there were any pros to self-representation in a federal trial, Simson said, ‘I guess one pro would be to conduct his defense exactly how he wanted to.’

        ‘For example, in the Long Island shooter case, no criminal defense attorney was going to let that nut job act out in court and be the wacko he was,’ he said.

        As in the notorious 1993 Long Island Rail Road case, convicted killer Colin Ferguson chose to represent himself and even took the witness stand to question his own victims. 

        Routh has pleaded not guilty to federal charges of attempting to assassinate a major presidential candidate and assaulting a federal officer. Prosecutors say he was armed with an AK-style rifle when Secret Service agents stopped him near Trump’s golf course in West Palm Beach in September 2024.

        The trial is expected to last several weeks, but Trump-appointed Judge Aileen Cannon urged both sides to keep proceedings efficient.

        Opening statements are tentatively scheduled for Thursday, Sept. 11, if the panel is seated on time.

        This post appeared first on FOX NEWS

        Keep Reading
        By