Breaking
True Market Story
Author

admin

Browsing
13 Mins Read

Little League World Series: Highlights, scores from Wednesday

The Little League World Series continued with four games in Williamsport, Pennsylvania, on Wednesday.

Aruba and South Dakota have advanced within their respective brackets after winning elimination games.

Aruba earned a 3-0 shutout victory over Japan and will play Venezuela on Thursday. South Carolina allowed five runs in the top of the seventh inning before scoring six of its own to complete the biggest comeback in the tournament this year.

Chinese Taipei and Connecticut secured a spot in the semifinals during the slate of games earlier in the day. Chinese Taipei got the best of Venezuela in International bracket play. Connecticut beat Nevada in a U.S. bracket game.

Here’s everything you need to know about Wednesday’s Little League World Series results:

Little League World Series Day 8 scoreboard

Wednesday, Aug. 20

All times Eastern

  • Game 29 (International): Chinese Taipei 7, Venezuela 3
  • Game 30 (U.S.): Connecticut 7, Nevada 3
  • Game 31 (International): Aruba 3, Japan 0
  • Game 32 (U.S.): South Carolina 7, South Dakota 6

Final: South Carolina 7, South Dakota 6

South Carolina is moving on after a come-from-behind win in the bottom of the seventh inning against South Dakota.

A South Dakota outfielder was unable to secure the ball in the rain.

South Carolina not backing down

South Carolina scored three runs before loading up the bases again. South Dakota leads 6-3 with no outs in the bottom of the seventh inning.

South Dakota holds big lead in seventh

South Dakota produced a big lead against South Carolina, leading 6-1 in the bottom of the seventh inning. Rain is coming down in Williamsport.

South Dakota escapes bases-loaded jam

After Feldman’s exit, things got dicey for South Dakota, but Vavruska came in clutch. With two outs and the bases juiced, Vavruska got South Carolina leadoff man and shortstop Preston Ware to fly out to left field.

South Carolina is down to their final three outs.

Connor Feldman off the mound for South Dakota

After a poor showing against Connecticut on Monday, Connor Feldman dealt a gem against South Carolina with six strikeouts across 4.1 innings. Feldman exited the game having allowed only five baserunners (two hits, three walks).

He is replaced by Landon Vavruska. Vavruska’s first batter would wind up smacking a hit through the 56 hole. There’s two men on and only one out. South Dakota still leads 1-0.

South Dakota gets on the board first

South Dakota strikes first in this win-or-go-home affair, thanks to a sac fly off the bat of Bohde Larson. That said, South Dakota can’t help but feel a little underwhelmed at the outcome. Larson drove in the run with the bases loaded and no one out. Even after the run scored, there were two runners on and only one out. South Dakota could not muster another run, though, mostly squandering an outstanding opportunity.

Now South Carolina heads to bat down just one.

FINAL: Aruba 3, Japan 0

What looked like a pitcher’s duel destined for extra innings turned upside down in the fifth inning when Aruba exploded for two home runs.

Aruba’s victory keeps them alive to face Venezuela in the international semifinal game. Meanwhile, Japan’s journey comes to an abrupt end.

Aruba two-run homer breaks game open

After four-and-a-half scoreless innings, Aruba has finally broken through with a two-run shot off the bat of Isaac Arendsz. Arendsz’s home run was a line drive shot, barely creeping over the left field wall. Aruba leads 2-0.

Aruba’s Emerson Mercado followed that shot up with one of his own, elevating Aruba’s lead to 3-0.

Japan, Aruba constantly getting out of trouble

Through four innings, this international game remains scoreless but don’t let that fool you, both teams have had opportunities to score. It just hasn’t happened yet. Japan has left the bases loaded. They’ve left runners standing on third, but have not scored. Aruba meanwhile has had similar opportunities, but only one hit compared to Japan’s three.

This looks like it has the making of a defensive battle where one run could be the difference.

FINAL: Connecticut 7, Nevada 3

Connecticut moved to 4-0 and secured a spot in Saturday’s United States championship game at 3:30 p.m. ET on ABC. It will be Connecticut’s first appearance in the U.S. title game since 2013.

Starter SJ Taxiltaridis isn’t available to pitch again in the LLWS (needs four days of rest) but D’Amura is available as well as other pitchers on the staff.

Nevada drops down into the loser’s bracket and has a win-or-go-home showdown with South Carolina at 7 p.m. ET on Thursday, August 21 on ESPN.

Connecticut’s SJ Taxiltaridis reaches pitching limit

Despite giving up three runs in the first inning, Taxiltaridis got into a groove and lasted five and one-third innings while giving up seven hits and two walks but striking out four batters. Tommy D’Amura comes in to close it out.

Connecticut’s Tommy D’Amura watches ball fly out of the ballpark

Tommy D’Amura hits a powerful home run to left field to extend Connecticut’s lead to 5-3. Boden Dunlap adds another clutch hit with an RBI-triple to make it 6-3. A passed ball gets another runner across the plate as Nevada’s defense comes apart trailing 7-3. Is that enough insurance for Connecticut? It is now the last chance for Nevada heading into the bottom of the sixth inning.

Connecticut’s ‘lockdown’ defense gets its pitcher into the sixth inning

SJ Taxiltaridis can get closer to the 85 pitch limit after his defense came up with a 6-4-3 double play to end the bottom of the fifth inning with Connecticut leading, 4-3.

Connecticut grabs the lead over Nevada

Luca Pellegrini jumps on a hanging breaking ball on a 0-2 count and deposits it into center fielder while knocking in the go-ahead run. It is 4-3 Connecticut after the top of the fifth.

Connecticut’s SJ Taxiltaridis dances out of danger in the fourth inning

Nevada loaded the bases with two outs and Mason Schutte stepped up to the plate against Taxiltaridis after already striking out in his first at bat. Well, Taxiltaridis got him again to end that threat. We are tied 3-3 after four innings.

Connecticut evens it up

Connecticut’s Luca Pellegrini had an RBI-single and then SJ Taxiltaridis added an RBI-single and another run would score after advancing on the throw. It is 3-3 after the top of the third inning.

FINAL: Chinese Taipei 7, Venezuela 3

Chinese Taipei used three pitchers, starter Lin Chin-Tse, and then Chang Chun-Po and finally closer Chen Qi-Sheng to defeat previously undefeated Venezuela in the first international game of the day. 

The three Chinese Taipei pitchers combined to give up only five hits and three runs while striking out 10 batters. Chinese Taipei advances to the Little League World Series International Championship game for the 20th time and for the fourth straight year. Venezuela will face the winner of tonight’s Aruba and Japan on Thursday, August 21 at 3 p.m. ET. 

Meanwhile, Venezuela used five pitchers (mostly to keep them under pitch counts) against Chinese Taipei but will now have to battle out of the loser’s bracket to keep its LLWS dream alive.

Nevada’s Ethan Robertson on cruise control

With two innings recorded, Robertson has allowed two hits and two walks, but he hasn’t let that affect the scoreboard as he’s struck out four batters.

We head to the sixth inning in the Chinese Taipei vs Venezuela game

Can Chinese Taipei add to its lead? Will Venezuela have a legendary comeback? We’ll see how this inning plays out. Still, 7-3, Chinese Taipei as the inning begins.

Nevada takes the lead

On a 2-2 pitch, Nevada’s Cache Malan blasts a three-run home run to center field to give the Mountain Region champion the lead in the top of the bottom of the first inning.

Venezuela has an eventful bottom of the fifth

Venezuela’s Saul Vegas Duran singles on a line drive to center fielder and two runs score with the assist on a fielding error. Teammate Abraham Rodriguez added an RBI-single. It is a 7-3 Chinese Taipei lead after five innings.

Connecticut vs Nevada underway on ESPN

It is Nevada’s Ethan Robertson vs Connecticut’s SJ Taxiltaridis

Chinese Taipei vs Venezuela moved to ESPN2 and ESPN App

Since game 29 of the LLWS is running a little over its two-hour time slot on ESPN, the game was moved to ESPN2, while the U.S. bracket game between Connecticut and Nevada can start on ESPN.

Chinese Taipei builds on lead

Venezuela intentionally walked Chinese Taipei’s Lin Chi-Tse and that loaded the bases and that’s when the trouble started in this inning. Tsai Yu-Ge then hit a bloop single to center field that the Venezuela center fielder almost caught (ball was trapped into the glove). That play made it 4-0 Chinese Taipei. Chen Qi-Sheng then had the big hit of the inning with a bases-clearing double that bounced in front of the left fielder and rolled towards the wall. 7-0 lead for Chinese Taipei.

Chinese Taipei’s Chang Chun-Po breezes through bottom of the fourth inning

Chun-Po had two strikeouts in an 11-pitch, 1-2-3 bottom of the fourth inning as Chinese Taipei still leads 3-0.

Venezuela’s Argenis Villanueva becomes the team’s fourth pitcher of the day

Villanueva gets a strikeout and then a groundout to get out of the jam. It is 3-0 Chinese Taipei after the top of the fourth inning.

Chinese Taipei greets Venezuela’s Issac Villavicencio Ludovic with a short outing

Villavicencio Ludovic only lasted nine pitches and he only threw one strike. He is availble to pitch on Thursday.

Venezuela’s Jesus Gomez lifted for Isaac Villavicencio Ludovic

Gomez, who entered in the first inning, was keeping Chinese Taipei from adding to its lead, but he leaves the game with 53 pitches thrown (33 strikes). He now has to observe two days of rest, so the next time he can pitch would be Saturday for the international championship game, if Venezuela makes it to that game.

Chinese Taipei’s Lin Chi-Tse out, Chang Chun-Po in

Chi-Tse finished with two and two-third innings, one hit and one walk allowed and had six strikeouts. It is still 2-0 Chinese Taipei after three full innings.

Chinese Taipei’s Lin Chi-Tse throwing straight gas

Chi-Tse struck out all three batters he faced with an array of fastballs, which overwhelmed the Venezuela hitters in the bottom of the first inning.

Chinese Taipei takes the lead

On the 32nd pitch in the first inning from Venezuela’s Andres Reyes, Chinese Taipei’s Chang Chun-Po drew a bases loaded walk for a 1-0 lead. On the 38th pitch from Reyes, Chinese Taipei’s Jian Zih-De drew another bases loaded walk for a 2-0 advantage. Venezuela then made a call to the bullpen as Reyes was lifted for Jesus Gomez, who started the game at second base. Gomez inherited the bases loaded with two outs and he struck out the first batter he faced to end the inning. 2-0 Chinese Taipei after the top of the first inning.

Starting pitchers: Venezuela’s Andres Reyes and Chinese Taipei’s Lin Chi-Tse

They take the mound for their teams as neither Venezuela or Chinese Taipei have allowed a run yet in the Little Leageu World Series. Venezuela has outscored opponents 13-0 while Chinese Taipei has outscored opponents 7-0.

A winner’s bracket game starts off LLWS action on Wednesday, August 20

Chinese Taipei (2-0) faces Venezuela (3-0) with a spot in the Saturday’s international championship game up for grabs. Whatever team wins today goes straight to Saturday. The loser of today’s game between Chinese Taipei and Venezuela will play on Thursday.

What does the LLWS bracket looks like entering Wednesday, August 20?

Eight teams are left in the Little League World Series. Only one will win the title on Sunday, August 24. But Wednesday, August 20 is a partial elimination day at the LLWS with two games featuring teams that have one loss in this modified double-elimination tournament.

What time does Little League World Series start today?

The first game on Wednesday, Aug. 20 starts at 1 p.m. ET with the final game starting at 7 p.m. ET. All games take place in Williamsport, Pennsylvania, in either Howard J. Lamade Stadium or Little League Volunteer Stadium.

Little League World Series 2025: TV, time and how to watch

The Little League World Series began Wednesday, Aug. 13 and concludes on Sunday, Aug. 24. Games will be presented across ABC, ESPN, ESPN2, ESPN Deportes and ESPN+. Viewers can also watch with Fubo, which offers a free trial for new users.

  • Times: Coverage begins at 1 p.m. ET
  • TV: ESPN
  • Streaming: ESPN+, Fubo

Little League World Series Day 7 results

Tuesday, Aug. 19

  • Game 25 (International): Japan 6, Mexico 0
  • Game 26 (U.S.): South Carolina 3, Hawaii 0
  • Game 27 (International): Aruba 6, Canada 1
  • Game 28 (U.S.): South Dakota 9, Washington 0

Little League World Series Day 6 results

Monday, Aug. 18

  • Game 21 (International): Venezuela 4, Japan 0
  • Game 22 (U.S.): Nevada 1, South Carolina 0 (7 innings)
  • Game 23 (International): Chinese Taipei 4, Aruba 0
  • Game 24 (U.S.): Connecticut 13, South Dakota 1

Little League World Series Day 5 results

Sunday, Aug. 17

  • Game 17 (U.S.): Washington 3, Massachusetts 2
  • Game 18 (International): Canada 12, Australia 0
  • Game 19 (U.S.): Hawaii 9, Illinois 1
  • Game 20 (International): Mexico 2, Panama 1

Little League World Series Day 4 results

Saturday, Aug. 16

  • Game 13 (International): Australia 5, Czechia 3
  • Game 14 (U.S.): Massachusetts 7, Texas 3
  • Game 15 (International): Mexico 11, Puerto Rico 5
  • Game 16 (U.S.): Illinois 3, Pennsylvania 2

Little League World Series Day 3 results

Friday, Aug. 15

  • Game 9 (International): Venezuela 4, Canada 0
  • Game 10 (U.S.): Nevada 5, Washington 3
  • Game 11 (International): Aruba 8, Panama 2
  • Game 12 (U.S.): Connecticut 5, Hawaii 1

Little League World Series Day 2 results

Thursday, Aug. 14

  • Game 5 (International): Japan 12, Czechia 0
  • Game 6 (U.S.): South Carolina 13, Massachusetts 0
  • Game 7 (International): Chinese Taipei 3, Mexico 0
  • Game 8: (U.S.): South Dakota 2, Pennsylvania 0

Little League World Series Day 1 results

Wednesday, Aug. 13

  • Game 1 (International): Venezuela 5, Puerto Rico 0
  • Game 2 (U.S.): Nevada 16, Illinois 1
  • Game 3 (International): Panama 7, Australia 2
  • Game 4 (U.S.): Connecticut 1, Texas 0

Our team of savvy editors independently handpicks all recommendations. If you purchase through our links, the USA Today Network may earn a commission. Prices were accurate at the time of publication but may change.

This post appeared first on USA TODAY

Keep Reading
By
4 Mins Read

Glencore Pursues Argentina Incentives for US$13.5 Billion Copper Projects

Commodities giant Glencore (LSE:GLEN,OTC Pink:GLCNF) has submitted applications to place two of its flagship copper projects in Argentina under a new investment regime.

The Switzerland-based firm is seeking to include the El Pachón deposit in San Juan and the Agua Rica deposit in Catamarca under Argentina’s recently introduced Incentive Regime for Large Investments (RIGI).

Together, the two projects represent a planned capital investment of about US$13.5 billion over the next decade — US$9.5 billion for El Pachón and US$4 billion for Agua Rica.

Both sites would benefit from a long-term economic framework with enhanced investor protections under the RIGI program, which the administration of President Javier Milei launched this year to attract foreign investment.

“President Milei and his administration must be credited for introducing the RIGI. This framework has changed the investment landscape in Argentina, providing a key catalyst to attract major foreign investment to the country,” Glencore CEO Gary Nagle said in the company’s announcement on Monday (August 18).

“The RIGI provides a key platform for the development of Argentina’s significant natural resource endowment,’ added Martín Pérez de Solay, CEO of Glencore Argentina.

‘I am confident that the mining sector can be a major contributor to the Argentinian economy with the El Pachón and Agua Rica projects supporting the country’s ambition to become one of the world’s leading copper producers.”

El Pachón is a large-scale copper and molybdenum deposit with estimated resources of about 6 billion metric tons (MT) of ore averaging 0.43 percent copper, 2.2 grams per MT silver and 130 grams per MT molybdenum.

For its part, Agua Rica hosts roughly 1.2 billion MT of ore with average grades of 0.47 percent copper, 0.2 grams per MT gold, 3.4 grams per MT silver and 0.03 percent molybdenum. Ore from Agua Rica would be processed at the existing Alumbrera facilities, located 35 kilometers away, through the MARA project framework.

The scale of Glencore’s expansion comes amid a broader strategic race among western producers to secure supplies of critical minerals needed for clean energy technologies, electric vehicles and defense applications. Copper in particular is considered vital to global electrification, and analysts warn that rising demand could soon outstrip supply.

US enforcement shift on Chinese metals

On Tuesday (August 19), the US Department of Homeland Security announced that imports of Chinese steel, copper and lithium will be targeted for “high-priority enforcement” under the Uyghur Forced Labor Prevention Act, a law restricting goods linked to alleged human rights abuses in China’s Xinjiang region.

“The use of slave labor is repulsive and we will hold Chinese companies accountable for abuses and eliminate threats its forced labor practices pose to our prosperity,” Homeland Security Secretary Kristi Noem said in a post on X.

US officials say the Xinjiang region hosts state-run internment camps where Uyghurs and other minority groups are subject to forced labor. Beijing has consistently denied the allegations, dismissing them as politically motivated.

The announcement expands Washington’s campaign to scrutinize goods with ties to Xinjiang, which has already affected solar panels, cotton and other commodities. The new focus on copper and lithium marks a significant escalation given both metals’ central role in renewable energy and battery production.

Global supply chains in flux

Together, Glencore’s Argentine projects and Washington’s enforcement measures highlight how critical minerals are becoming increasingly entangled with geopolitics.

China processes about 70 percent of the world’s rare earths and controls a major share of global copper and lithium refining capacity. Western governments are trying to diversify away from Chinese supply chains amid rising tensions.

Argentina, with its vast mineral reserves, has emerged as a key player in this strategy. The country is already a major producer of lithium and is positioning itself as a copper hub through projects like Glencore’s expansion.

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
3 Mins Read

ESGold Pens Colombia Tailings Project Deal as Global Reprocessing Grows

ESGold (CSE:ESAU,OTCQB:ESAUF) has signed a binding memorandum of understanding with Colombian firm Planta Magdalena to form a 50/50 joint venture on a fully permitted gold- and silver-bearing tailings project.

Under the agreement, ESGold will invest C$1.5 million for its stake and will retain a first right of refusal to acquire the remaining 50 percent interest from Planta Magdalena within 12 months.

The project is designed to replicate ESGold’s Montauban model in Québec, which focuses on generating cashflow by reprocessing legacy tailings, while providing environmental remediation.

Preliminary due diligence sampling of 27 tailings collected from the project, located in Colombia’s Bolívar department, returned encouraging results, including assays of 42.7 grams per metric ton (g/t) gold and 280 g/t silver.

Several samples exceeded 5 g/t gold and 190 g/t silver, highlighting the potential for high-grade recovery.

Bulk concentrate tests are underway, with final verification to be completed at Actlabs in Québec.

Bolívar is one of Colombia’s most prolific gold regions, with artisanal miners processing an estimated 300,000 metric tons of ore annually. ESGold, a self-described scalable clean mining and exploration innovation company, plans to apply modern, mercury-free recovery methods to improve yields while addressing environmental concerns.

“The region still processes hundreds of thousands of metric tons of ore annually, yet much of it is handled using rudimentary mercury amalgamation methods that leave behind a substantial amount of gold and silver in the tailings,” said Gordon Robb, CEO of ESGold. “This creates an immense opportunity for ESGold to apply modern, environmentally responsible recovery technology that can significantly improve yields while remediating legacy mine sites.”

Pending completion of technical and legal due diligence, ESGold aims to fast track the project toward production in 2026, establishing a second high-margin operation alongside Montauban.

Green revenue stream

It is estimated that there are 8,500 tailings facilities around the globe, holding more than 217 billion cubic meters of mine ‘waste.’ In an effort to reduce the amount of stored tailings and their environmental impact, tailings reprocessing is emerging as both an economic and sustainable revenue stream.

By extracting valuable residual metals, such as gold, copper and critical minerals, from legacy waste, companies can generate revenue while reducing the environmental footprint of tailings facilities.

The approach also aligns with sustainability goals, as it mitigates risks like tailings dam failures and restores degraded sites, turning longstanding liabilities into productive assets

Globally, the growing recognition of untapped value in tailings has spurred renewed interest and investment, with major miners — like Vale (NYSE:VALE) — and governments prioritizing tailings projects as part of circular mining strategies and critical minerals security.

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

This post appeared first on investingnews.com

Keep Reading
By
5 Mins Read

Providence Gold Mines Inc. Options La Dama de Oro Gold Property

Providence Gold Mines Inc. (“Providence” or the “Company”) announces that subject to Regulatory approval it has entered an option agreement to acquire the “La Dama de Oro Gold Property”. The property is a historical gold mine 100% owned by the Optionor, (” Mohave Gold Mining”), a private Company incorporated under the laws of the state of California.

Providence recently commissioned Ethos Geological Inc. of Bozeman MT to complete an NI 43 101 technical report, authored by Zachary Black, SME-RM acting as the Qualified Person under NI 43 101. The NI 43 101 technical report has been submitted for Exchange review and approval. A cautionary note: The property is at an early exploration stage and does not have sufficient data for a mineral resource.

The La Dama de Oro Property is situated in the Silver Mountain Mining District, within the structurally complex Eastern California Shear Zone and the intersection with the San Andreas Fault Zone. Bedrock geology includes Mesozoic quartz monzonite that intrudes the Jurassic Sidewinder Volcanics. The structural history of the region implies a sequence of compressional and extensional events that reactivated favorably oriented zones of weakness for the circulation of hydrothermal fluids. The main zone of mineralization is hosted by the La Dama de Oro Fault, a shallow northeast-dipping oblique-slip fault.

The mineralization at the property is classified as a structurally controlled, low-sulfidation epithermal gold-silver vein system. Gold and silver mineralization is associated with multi-phase quartz veining, brecciation, and pervasive hydrothermal alteration along the La Dama de Oro Fault. The largest known vein is 4.5 feet at its widest point and remains open to exploration, with the potential for additional undiscovered veins along the fault system. The property has an approved exploration permit that includes a bulk sample.

The Option entitles the Company the right to purchase 100% of the La Dama de Oro Gold Property under the following terms:

YEAR 1

Within 15 days of Regulatory approval the Company shall issue 2,000,000 common shares from treasury and incur $20,000 in expenditures within 12 months of the effective date.

YEAR 2

The Company shall issue an additional 2,000,000 common shares from treasury and incur $250,000 in expenditures before the second-year anniversary of the effective date

YEAR 3

The Company shall issue an additional 500,000 common shares from treasury and incur a further $250,000 in expenditures before the third-year anniversary date of the effective date

YEAR 4

The Company shall incur an additional $250,000 expenditures before the fourth-year anniversary of the effective date

Ronald A. Coombes, President & CEO of Providence commented; “The best place to explore for gold is where gold is, with the rich historical history of past gold production at the La Dama de Oro mine there remains very good discovery potential”.

The scientific and technical information contained in this news release has been reviewed and approved by Zachary Black, SME-RM, a Qualified Person as defined under NI 43-101. Mr. Black is a consultant and is independent of Providence Gold Mines Inc.

For more information, please contact Ronald Coombes, President, and CEO of the Company.

Ronald A. Coombes, President & CE

Phone: 604 724 2369

roombes@providencegold.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Neither the OTCQB and or 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.

All statements, trend analysis and other information contained in this press release relative to markets about anticipated future events or results constitute forward-looking statements. All statements, other than statements of historical fact, included herein, including, without limitation, statements relating to the permitting process, future production of Providence Gold Mines, budget and timing estimates, the Company’s working capital and financing opportunities and statements regarding the exploration and mineralization potential of the Company’s properties, are forward-looking statements. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward- looking statements. Important factors that could cause actual results to differ materially from Providence Gold Mines expectations include fluctuations in commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; the need for cooperation of government agencies and native groups in the exploration and development of properties and the issuance of required permits; the need to obtain additional financing to develop properties and uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or development programs and uncertainty of meeting anticipated program milestones; and uncertainty as to timely availability of permits and other governmental approvals. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. Providence Gold Mines does not undertake any obligation to update forward-looking statements except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statement.

Source

This post appeared first on investingnews.com

Keep Reading
By
8 Mins Read

Guide to Uranium Mining in Canada

Uranium mining in Canada accounts for 13 percent of global output, making the Great White North the second largest producer of uranium in the world, behind only Kazakhstan.

Canada hosts 9 percent of the world’s uranium resources and is home to the biggest deposits of high-grade uranium. Their grades of up to 20 percent uranium are 100 times greater than the global average.

Canadian uranium deposits are found mainly in the provinces of Saskatchewan, Newfoundland and Labrador, and Québec, as well as the territory of Nunavut. Of these, Saskatchewan leads the country in both uranium exploration and production.

In this article

    Top Canadian uranium mines

    Canada is home to three producing uranium mines, Cigar Lake, McArthur River and McClean Lake, all of which are located in Saskatchewan’s Athabasca Basin.

    Saskatchewan is a premier uranium mining jurisdiction as home to the Athabasca Basin, a mining-friendly region in the north of the province that’s renowned for its high-quality uranium deposits. The area’s long uranium-mining history has made Canada an international leader in the uranium sector.

    Canada’s major uranium mining companies are Cameco (TSX:CCO,NYSE:CCJ) and Orano Canada, a subsidiary of the multinational company Orano Group. Cameco is the majority owner and operator of Cigar Lake and McArthur River. Orano holds a significant stake in both mines, and is also the majority owner and operator of the recently restarted McClean Lake operation.

    Data and information on the Canadian uranium mines and advanced projects discussed below is taken from mining database MDO. The database only includes projects that have at least partial ownership by public companies.

    1. Cigar Lake Mine

    Ownership:
    54.547% — Cameco
    40.453% — Orano Canada
    5% — TEPCO Resources
    Province: Saskatchewan
    Mine type: Underground
    Deposit type: Unconformity-related

    Cigar Lake, which entered commercial production in 2015, is one of Canada’s largest uranium mines and the world’s highest grade uranium mine. The underground mining operation involves the use of innovative mining methods such as jet boring, which was purposely designed by Cameco to tackle the unique challenges of the Cigar Lake deposit.

    For 2024, production at the Cigar Lake mine was reported at 16.9 million pounds U3O8, up 2 million pounds from the previous year. Guidance for 2025 stands at approximately 18 million pounds.

    Cigar Lake’s proven and probable reserves stand at 551,400 metric tons of ore grading 15.87 percent U3O8 for 192.9 million pounds of contained U3O8. Its mine life is expected to run until 2036.

    2. McArthur River-Key Lake Mine

    Ownership:
    McArthur River mine
    69.805% — Cameco
    30.195% — Orano Canada
    Key Lake mill
    83.3% — Cameco
    16.7% — Orano Canada
    Province: Saskatchewan
    Mine type: Underground
    Deposit type: Unconformity-related

    The McArthur River-Key Lake operation is home to the McArthur River mine and Key Lake mill, respectively the largest high-grade uranium mine and largest uranium mill in the world, according to MDO.

    McArthur River was first brought into production in 2000 using raiseboring and blast hole stoping mining methods, but was put on care and maintenance temporarily in early 2018 due to low uranium prices. Cameco brought the mine and mill back into production in late 2022, progressively ramping up output over the next few years.

    Production in 2024 came in at 20.3 million pounds U3O8, up nearly 43 percent from the previous year’s output, and production guidance for 2025 has been set at 18 million pounds.

    McArthur River’s proven and probable reserves total 2.49 million metric tons grading 6.55 percent U3O8 for 359.6 million pounds of contained metal. Its mine life extends out to 2044.

    3. McClean Lake Mine and Mill

    Ownership:
    77.5% — Orano Canada
    22.5% — Denison Mines (TSX:DML)
    Province: Saskatchewan
    Mine type: Surface mine
    Deposit type: Unconformity-related

    The McClean Lake mine re-entered production in July 2025, 17 years after it was shuttered in 2008 due to low uranium prices made the operations uneconomic.

    After studies demonstrated that the joint venture partners’ patented surface access borehole resource extraction (SABRE) mining method could bring McClean back to life economically, the decision was made in January 2024 to bring the asset back into production.

    The site hosts multiple deposits, including the now-producing McClean North deposit. It also boasts the only mill in the world designed to process high-grade uranium ore without dilution, according to MDO. The mill has the capacity to produce 24 million pounds of uranium concentrate, or yellowcake, annually. Currently, the mill is processing ore from the Cigar Lake mine under a toll mining agreement.

    Proven reserves at McClean Lake are in the form of ore stockpiles, and total 90,000 metric tons at a grade of 0.37 percent for U3O8 for 700,000 pounds of contained metal. The site also hosts significant indicated and inferred resources of 25.4 million pounds across the McLean North, Sue D and Sue F deposits.

    The partners expect to produce approximately 800,000 pounds of U3O8 from McClean North in the first year of operations. In addition, mining at the McClean North and Sue F deposits has the potential to produce about 3 million pounds from 2026 to 2030.

    Upcoming Canadian uranium mines

    There are a handful of contenders for Canada’s next uranium mine: Patterson Lake South, Rook 1 and Wheeler River. None are in the construction stage yet, but most are expecting to come online in the next few years. Learn about the advanced uranium projects below.

    1. Patterson Lake South

    Ownership: Paladin Energy (TSX:PDN,ASX:PDN)
    Province: Saskatchewan
    Mine type: Underground
    Deposit type: Basement hosted vein-type or fracture-filled

    Currently in the permitting phase, the Patterson Lake South (PLS) project hosts the large, high-grade and near-surface Triple R deposit, which has the potential to produce both uranium and gold. The project has a probable mineral reserve estimate of 93.7 million pounds of contained uranium from 3 million metric tons grading 1.41 percent U3O8.

    The 2023 feasibility study for PLS highlights average production of approximately 9 million pounds U3O8 per year over a 10 year mine life.

    Paladin added the PLS uranium project to its portfolio in December 2024 via its acquisition of Fission Uranium. The company is continuing to develop the PLS’s resource potential outside of the Triple R deposit, with a significant focus on the project’s Saloon East zone. Advancing through the environmental permitting process remains ongoing.

    2. Rook 1

    Ownership: NexGen Energy (TSX:NXE)
    Province: Saskatchewan
    Mine type: Underground
    Deposit type: Basement-hosted, vein-type

    NexGen Energy’s Rook 1 project, home to the Arrow deposit, is in the permitting stage with a feasibility study completed in February 2021. Arrow hosts probable mineral reserves of 239.6 million pounds of U3O8 from 4.57 million metric tons of ore at a grade of 2.37 percent, as well as a measured and indicated resource of 256.7 million pounds from 3.75 million metric tons at 3.1 percent.

    Over its 11.7 year mine life, Rook 1 is expected to produce an average of 19.8 million pounds of U3O8 per year, including over 25 million pounds during the first five years.

    Provincial environmental assessment approval was granted in November 2023, and the federal environmental impact statement was accepted as final in January 2025. In March 2025, the company shared that the Canadian Nuclear Safety Commission has proposed hearing dates for the Rook I project on November 19, 2025, and February 9 to 13, 2026.

    NexGen states that a full project execution team is at the ready and the site is fully prepared for construction activities to commence following final federal approval.

    3. Wheeler River

    Ownership:
    95% — Denison Mines
    5% — Uranium Energy (TSX:UEC,NYSEAMERICAN:UEC)
    Province: Saskatchewan
    Mine type:
    Phoenix — In-situ recovery

    Gryphon — Underground
    Deposit type: Unconformity-related

    The Wheeler River uranium project, billed as the largest undeveloped uranium project in the eastern region of the Athabasca Basin, is home to the high-grade Phoenix and Gryphon deposits. Each deposit is considered a standalone asset, and the Phoenix deposit is the more advanced of the two.

    A feasibility study for the Phoenix deposit as an in-situ recovery operation was completed in mid-2023. In February 2025, Denison reported that the Canadian Nuclear Safety Commission is set to conduct hearings for the project’s environmental assessment and license to prepare and construct a uranium mine and mill on October 8 and December 8 to 12, 2025. If granted approval, Denison is prepared to start construction in early 2026, followed by first production by the first half of 2028.

    As for the Gryphon deposit, an update to the pre-feasibility study for a conventional underground mining operation was completed in 2023. Denison conducted a field program in the first quarter of 2025 as part of its efforts to support a feasibility study.

    Canadian uranium exploration companies

    Canada is also home to a slew of uranium exploration and development companies focused on discovering uranium in Saskatchewan, Nunavut and Newfoundland and Labrador.

      For more insight on the uranium companies operating in the Athabasca Basin discussed in this article, check out our breakdown of the 15 uranium companies exploring the basin.

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

      This post appeared first on investingnews.com

      Keep Reading
      By
      3 Mins Read

      New Rare Earths Venture to Target High-grade Assets in US and Brazil

      Privately owned Rare Earths Americas (REA) has formed in a bid to explore and develop high-grade rare earths assets in the US and Brazil, looking to consolidate supply chains for various domestic sectors.

      The company, which raised AU$25 million in a private funding round, said it combines experienced operators and investors with “deep expertise across global mining, energy and critical materials.”

      Included in the company’s portfolio is the Foothills discovery, located in Georgia, US.

      The site contains grades of up to 41.3 percent total rare earth oxides, including heavy rare earths crucial for high-performance magnets. REA has highlighted its strong logistics, low-cost power and streamlined path to permitting.

      In Brazil, the Alpha and Constellation projects hold more than 1 billion metric tons of high-grade ionic clay rare earths mineralization, including dysprosium and terbium, which are essential for permanent magnets.

      The Homer project, also located in Brazil, targets multiple carbonatite clusters with the potential for niobium discoveries in a region known for leading niobium mines.

      “The rare earths market is undergoing a generational shift as the West races to secure its rare earths future,” said CEO Donald Swartz in a Monday (August 18) press release.

      REA’s timing aligns with broader US efforts to reduce reliance on China, which currently controls nearly 70 percent of global rare earths processing and accounts for most heavy rare earths production.

      In April, Beijing restricted shipments of seven rare earths to the US and other countries, prompting concern among automakers and defense contractors dependent on these materials.

      The US government recently proposed a pricing support mechanism for domestic rare earths ventures in order to increase production and mitigate China’s influence.

      Discussions last month, led by former White House Trade Advisor Peter Navarro and National Security Council official David Copley, included rare earths producers and major tech firms reliant on these critical minerals.

      China’s dominance stems from billions of dollars invested in mining and processing since 2000, often with minimal environmental or safety oversight, allowing the country to produce rare earths at lower cost than western competitors.

      The US response to the Asian nation’s rare earths stranglehold has included efforts to develop domestic mine supply and build out refinement, processing and production capacity. American companies have also sought to secure alternative sources in Africa and Latin America, but investment and technology barriers remain significant.

      Mountain Pass in California, the country’s only large-scale rare earths mine, produces bastnaesite carbonate, but relies heavily on foreign processing. MP Materials (NYSE:MP), the mine’s operator, posted a net loss of US$65.4 million in 2024, highlighting the challenge of competing with China’s low-cost production model.

      REA’s launch positions it as a potential strategic player in this evolving landscape.

      According to the company, the Foothills project offers a “streamlined permitting pathway” in the US, while the Alpha and Constellation projects in Brazil provide access to large-scale, high-grade heavy rare earths.

      “With grade and strategic geography on our side, we intend to advance our rare earths projects to support the long-term supply of critical materials essential to domestic innovation,” Swartz added.

      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
      2 Mins Read

      Apple just landed a key win for the global encryption fight

      Apple clinched a major win Monday after the U.S. government announced that the U.K. had agreed to drop its demand for the company to provide a “back door” granting officials access to users’ encrypted data.

      The iPhone maker won’t be alone to rejoice in the outcome.

      The development came after extensive talks between Britain and the U.S., which had raised national security concerns over the request.

      At the root of the row was end-to-end encryption, a technology which secures communications between two devices in a way that means not even the company providing a chat service can view any messages.

      The story of Apple’s U.K. privacy battle started earlier this year, when it was reported that the British government had demanded access to the company’s encrypted cloud service via a technical “back door.”

      Such a back door has long been contested by Apple. In 2016, the Federal Bureau of Investigation tried to get Apple to create software that would enable it to unlock an iPhone it recovered from one of the shooters involved in the 2015 terror attack in San Bernardino, California.

      Other companies have also had to fend off government attempts to undermine end-to-end encryption. For example, when Meta announced plans to encrypt all messages on its Facebook Messenger app, the move drew condemnation from the U.K. Home Office. Meta had already offered encryption on WhatsApp.

      The Monday news could have broader implications for the debate around end-to-end encryption globally.

      Governments and law enforcement agencies have long pushed for methods to break such encryption systems to assist with criminal investigations into terrorism and child sexual abuse.

      However, tech companies have said that building an encryption back door would not only undermine user privacy, but also expose them to possible cyberattacks. Cybersecurity experts say that any back door built for a government would eventually be found and exploited by hackers.

      U.S. national intelligence officials were also worried by the ramifications of Apple offering such a back door.

      For Apple, the U.K.‘s concession over encryption could mean that the company can bring back its most secure service for users’ cloud data, Advanced Data Protection (ADP), which the company stopped offering to Brits in February.

      It is not yet clear if Apple will reintroduce its ADP service to the U.K. market.

      CNBC has reached out to Apple and the U.K. government for comment.

      This post appeared first on NBC NEWS

      Keep Reading
      By
      2 Mins Read

      Pacers extend contract of key figure in NBA Finals run

      One of the architects of the Indiana Pacers’ run to the NBA Finals will be around for the foreseeable future.

      The Pacers and head coach Rick Carlisle have agreed to a multi-year contract extension, the team announced Tuesday afternoon.

      Particulars of the contract extension were not available.

      Carlisle, 65, led the Pacers to a 50-32 record last season, which placed them fourth in the Eastern Conference. Indiana, which became known for its come-from-behind wins, ripped off a furious run to the NBA Finals, where the Pacers lost to the Oklahoma City Thunder in seven games.

      Star point guard Tyrese Haliburton suffered a torn Achilles tendon early in Game 7 of that series, forcing the Pacers to alter their approach to 2025-26.

      Still, Indiana made its first NBA Finals appearance in 25 years. (Carlisle was an assistant coach for that 2000 team under Larry Bird.) Carlisle is entering his fifth season since he returned as head coach of the franchise (he was also head coach from 2003-07) and is currently the oldest active head coach in the NBA.

      Carlisle has posted a 993-860 (.536) mark in his 23 seasons as an NBA head coach, with his teams clinching a postseason spot 16 times. He led the Mavericks to the NBA title in 2011, when Dallas topped the Miami Heat in six games.

      Among active coaches, Carlisle only trails Milwaukee Bucks coach Doc Rivers (1,162 wins) on the all-time wins.

      But Carlisle will have his hands full in 2025-26.

      The Pacers will be without Haliburton for the entire season, and former center Myles Turner, who had been the longest-tenured player with the team, signed with the rival Bucks.

      ‘Herb Simon, the Simon family, Steven Rales, Kevin Pritchard and our players make Indiana such a special place. Let’s go!’ Carlisle said in a statement announcing his extension.

      News of Carlisle’s extension was first reported by NBA insider Marc Stein.

      This story has been updated with new information.

      This post appeared first on USA TODAY

      Keep Reading
      By
      3 Mins Read

      PGA Tour returning to Trump National Doral in 2026

      • The PGA Tour will return to Trump National Doral in 2026 for a new event tentatively called the Miami Championship.
      • The tournament will be held April 30-May 3, 2026, and marks the Tour’s return to the course after a nine-year absence.
      • Trump Doral hosted PGA Tour events from 1962-2016 before being dropped when title sponsor Cadillac pulled out.

      The Blue Monster is back on the PGA Tour calendar for 2026.

      Tour officials unveiled the schedule for its upcoming season on Tuesday, Aug. 19, and among the 35 official FedEx Cup events is a return to Trump National Doral near Miami.

      A new event – tentatively called the Miami Championship – will be played at the course owned by President Donald Trump from April 30-May 3, 2026.

      ‘We’re excited to showcase the game’s greatest players competing at golf’s most iconic venues,’ CEO Brian Rolapp said.

      Trump National Doral has been the home of an annual LIV Golf tournament each of the past four years, but won’t be part of that tour’s 2026 schedule.

      The famed Blue Monster course hosted PGA Tour events from 1962-2016 before being dropped from the schedule when title sponsor Cadillac declined to renew and a replacement couldn’t be found.

      Around that same time, Trump upset Tour officials by making derogatory statements about certain ethnic groups during his campaign for president.

      The event was subsequently moved to Mexico and renamed the VidantaWorld Mexico Open. With the introduction of the Miami Championship to the PGA Tour’s regular-season schedule, the Mexico Open will be contested as part of the FedEx Cup Fall slate.

      The new tournament at Doral does not yet have a title sponsor, but sources tell Golfweek one is expected to be announced in the coming months, well before the tournament.

      2026 PGA Tour signature events

      • The Sentry (Jan. 8-11)
      • AT&T Pebble Beach Pro Am (Feb. 12-15)
      • The Genesis Invitational (Feb. 19-22)
      • Arnold Palmer Invitational (March 5-8)
      • RBC Heritage (April 16-19)
      • Miami Championship (April 30-May 3)
      • Truist Championship (May 7-10)
      • Memorial Tournament (June 4-7)
      • Travelers Championship (June 25-28)

      2026 men’s golf major tournaments

      • The Masters Tournament, Augusta National Golf Club in Augusta, Ga. (April 9-12)
      • PGA Championship, Arnonimink Golf Club in Newtown Square, Pa. (May 14-17)
      • U.S. Open, Shinnecock Hills Golf Club in Southampton, N.Y. (June 18-21)
      • The Open Championship, Royal Birkdale in Southport, England (July 16-19)

      2026 FedEx Cup playoffs

      • FedEx St. Jude Championship, TPC Southwind in Memphis, Tenn. (Aug. 10-16)
      • BMW Championship, Bellerive Country Club in St. Louis, Mo. (Aug. 17-23)
      • Tour Championship, East Lake Golf Club in Atlanta, Ga. (Aug. 24-30)

      2026 Presidents Cup

      • Medinah Country Club near Chicago, Ill. (Sept. 21-27)
      This post appeared first on USA TODAY

      Keep Reading
      By
      3 Mins Read

      Team making huge mistake playing QB veteran over talented rookies

      • The Browns open the 2025 NFL season against 2024 playoff teams.
      • The Browns’ roster currently includes rookie quarterbacks Dillon Gabriel and Shedeur Sanders.
      • The Browns have two first-round picks in the 2026 NFL Draft, which is expected to have a strong quarterback class.

      The Cleveland Browns made the safe choice by naming Joe Flacco their starting quarterback. But Flacco topping the depth chart only puts a band aid on Cleveland’s quarterback carousel.

      Flacco was always the leading candidate to start. He’s taken the lion share of first-team reps for the Browns this offseason. Furthermore, he has familiarity with head coach Kevin Stefanski’s system. Dating back to 2023 when Flacco started five straight games for the Browns, went 4-1 during the stretch and helped the team earn a playoff berth.

      ‘He’s the same guy every single day. I think that’s one of the things you admire about Joe is how he approaches his business. He’s done a really nice job in camp,” Stefanski said on Aug. 13, via the team’s official website. “He’s also done a really nice job just providing leadership to the quarterback room, to the offense and to the football team.’

      The Browns have a daunting schedule to begin the regular season. They host the Cincinnati Bengals to open the year and then have five consecutive games against 2024 playoff teams.

      The first six games are bound to be difficult for Cleveland no matter who starts at QB, especially for Kenny Pickett and rookies Dillon Gabriel and Shedeur Sanders.  

      Flacco’s experience and leadership should help the Browns through a tough six-game slate even if it doesn’t amount to many — or zero — wins.

      But the Browns are doing themselves a disservice if Flacco starts a majority of the season. The Browns already know what they have in the 40-year-old journeyman quarterback. Flacco is among the infamous group of 40 quarterbacks who’ve started for the Browns since 1999.

      It’ll behoove the Browns to give Pickett, Gabriel and Sanders multiple opportunities to start this year – specifically Gabriel and Sanders whom Cleveland selected in the third and fifth rounds of the 2025 draft, respectively.

      Sanders tossed two touchdowns during an impressive preseason debut. Gabriel, despite a few mishaps, led the Browns on three scoring drives.  

      It’s understandable to ease the two rookies into regular season action. The learning curb between college and pro quarterback is steep. However, it’s imperative for the Browns to find out if either quarterback possesses the skills to be their franchise quarterback before the 2026 NFL Draft.  

      The Browns currently have two first-round picks during the 2026 draft and nine selections overall. Next year’s QB draft class is considered strong with the likes of Arch Manning, Garrett Nussmeier, Nico Iamaleava, Cade Klubnik and LaNorris Sellers.

      Flacco starting doesn’t get the Browns any closer to solving their decades long quarterback dilemma. It’s a short fix at best. The Browns must find out if their long-term solution at quarterback is currently on the roster prior to a deep QB 2026 draft class.  

      Flacco is the starter for now. But beware Cleveland, he shouldn’t be QB1 for long.

      This post appeared first on USA TODAY

      Keep Reading
      By