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Philadelphia Eagles running back Saquon Barkley revealed he declined an invitation to join President Donald Trump’s Council on Sports, Fitness, and Nutrition.

Barkley explained his decision after the Eagles’ Monday practice.

‘A couple months ago, it was brought to my team about the council. So I’m not really too familiar with it,’ Barkley told reporters at the NovaCare facility, per ESPN. ‘I felt like I am going to be super busy, so me and my family thought it would probably be of best interest to not accept that.’

‘I was definitely a little shocked when my name was mentioned,’ he added. ‘I’m assuming it’s something great, so I appreciate it but was a little shocked when my name was mentioned.’

The executive order allows the council to have up to 30 participants. It will be chaired by LIV Golf star Bryson DeChambeau.

Barkley was named a member of the council by Trump in a news conference announcing its creation; current NFL players Nick Bosa, Tua Tagovailoa and Harrison Butker were also named part of the council along with NFL commissioner Roger Goodell and Pro Football Hall of Famer Lawrence Taylor.

Barkley golfed with Trump ahead of the Eagles’ April White House visit, celebrating their Super Bowl 59 win over the Kansas City Chiefs.

Barkley also revealed he golfed with former President Barack Obama in October at Merion Golf Club in Pennsylvania. Eagles owner Jeff Lurie was also in attendance for the round, as was quarterback Jalen Hurts, though he did not participate in the round.

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Guard De’Aaron Fox and the San Antonio Spurs have reached a deal on a four-year, $228.6 million maximum extension, Klutch Sports CEO and Fox’s agent Rich Paul said.

Fox’s deal will put him under contract with the Spurs through 2029-30, and the agreement gives the Spurs their backcourt of the present and future (Fox and Stephon Castle, the 2024-25 NBA Rookie of the Year) alongside blossoming star Victor Wembanyama.

With the extension, Fox is projected to earn $265.6 million over the next five seasons.

The Spurs acquired Fox from Sacramento at the February trade deadline and missed the final 18 games of the 2024-25 regular season. He averaged 23.5 points, 6.3 assists, 4.8 rebounds and shot 46.3% from the field and 31% on 3-pointers last season.

ESPN first reported the news of Fox’s deal.

What does the Spurs’ starting lineup look like?

It’s hard to project San Antonio’s starting lineup because it has not finished its offseason roster moves. But Fox, Castle and Wembanyama are penciled in as starters. Devin Vassell, Jeremy Sochan, Luke Kornet, Keldon Johnson, Julian Champagnie and 2025 first-round draft picks Dylan Harper and Carter Bryant will be part of the rotation with the possibility that Harrison Barnes re-signs with San Antonio.

Can the Spurs make the playoffs in 2025-26?

San Antonio was hurt by late-season injuries, including Wembanyama missing every game after All-Star Weekend with a blood clot. The Spurs were 23-29 at the time but just 3½ games outside of a spot in the play-in game. They finished 34-48.

The Spurs have an improved roster headed into this season, but they are also in a deep conference, and Mitch Johnson had the interim tag removed as head coach, replacing Gregg Popovich, who stepped down amid health issues.

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Matthew Schaefer, the top selection in the 2025 NHL Draft, has signed a three-year, entry-level deal with the New York Islanders, the team announced on Monday, Aug. 4.

Schaefer was on hand at Citi Field to throw out the ceremonial first pitch in the game between the New York Mets and the visiting Cleveland Guardians. The team announced the signing of the Stoney Creek, Ontario, native just before the pregame ceremony.

‘Feels amazing,’ Schaefer said at Citi Field. ‘Obviously, it’s something I’ve wanted to do my whole life and to do it your first year — there’s still a lot of work, but that was my dream and I want to play in the NHL this season. I wanted to really badly. I know there’s going to be a lot of hard work that comes with it, but I think I’m ready.’

The defenseman, who will turn 18 next month, has competed with the Erie Otters of the Ontario Hockey League for the past two seasons. He earned first-team all-rookie honors in 2023-24.

His 2024-25 OHL campaign came to a halt when he suffered an injured collarbone as a member of Team Canada in the 2025 World Junior Championships in Ottawa.

To date, Schaefer has amassed 10 goals and 29 assists in 73 games with Erie.

He has returned to the ice, competing at Canada’s World Junior Summer Showcase. Schaefer will report to training camp with the Islanders, where he could break camp with the NHL club or be sent to Erie for his third season.

Schaefer won a gold medal with Team Canada at the 2024 U18 World Hockey Championships in Finland.

He is the Islanders’ first No. 1 draft pick since they tabbed John Tavares in 2009 and the fifth overall in franchise history.

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The 2025 Little League Softball World Series continued on Monday, Aug. 4 with four games on Day 2 of the tournament at Stallings Stadium at Elm Street Park in Greenville, North Carolina. This followed an opening day, which also featured a slate of four games.

The teams that prevailed on Day 2 now get a day of rest on Tuesday, Aug. 5, while the elimination games begin for the losing squads.

In the opening game on Monday, Pitt County, representing the host North Carolina region, got another comeback win in its game against the Central region squad of Floyds Knobs, Indiana. Johnstown, Pennsylvania’s Reagan Bills was arguably the biggest star of the day, recording double-digit strikeouts as the Mid-Atantic region team blanked the Los Angeles team of Westchester-Del Rey Little League 9-0.

In a battle of the Southwest vs. the Southeast, it was the team from Tulsa Oklahoma, edging the squad from Lake Mary, Florida 2-1, while the Asia-Pacific region team from Iwate, Japan handed the Canadian team from Repentigny, Quebec its first loss of the tournament.

2025 Little League Softball World Series Day 2 scores

  • Game 5: (Orange Bracket): North Carolina 5, Indiana 3
  • Game 6: (Purple Bracket): Oklahoma 2, Florida 1
  • Game 7: (Purple Bracket): Pennsylvania 9, California 0
  • Game 8: (Orange Bracket): Japan 6, Canada 1

FINAL: Japan 6, Canada 1

Rinka Nozaki struck out the side in top of the sixth inning to give Japan it’s first ever win in the Little League Softball World Series. Nozaki surrendered two walks in the inning, but fanned the other three batters Repentigny, Quebec sent to the plate in their last chance for a late rally. Iwate, Japan, which is representing the Asia-Pacific region, will now get a day off as it continues play in the winner’s bracket, while the Canadian team will face an elimination game on Tuesday, Aug. 5 against the Latin America region team from São Paulo, Brazil.

Canada looking for late rally

The squad from Repentigny, Quebec, put their leadoff batter on in the top of the sixth but it’s facing a five-run deficit to the team from Iwate, Japan.

Japan’s Nozaki tearing Canada up

Canada needs a huge effort to come back at this point, but Japan’s Rinka Nozaki has made it very difficult. After coming into the game in the third, Nozaki has already recorded five strikeouts to keep Canada’s offense at bay.

Japan not letting up

In taking advantage of a Canada defensive mishap, Japan has extended their lead with a single by Soyoka Horiuchi. Horiuchi would wind up at second base after all was said and done. Japan leads 6-1.

Japan retaliates with three runs

Canada pitcher Arielle Prescott found herself in a groove following the first few Japan hitters. They were 2-for-2 to start the game but just 1-for-9 afterwards. However, once the top of the lineup rolled back around, Prescott still had no answer. Japan answered Canada’s run with three of their own in the bottom of the third. Japan could have had many more, but left the bases loaded following a great play by Alicia Dupont in center field.

Japan leads 5-1 heading into the fourth.

Canada strikes back

The top of the third saw Canada get their first run of the game, but they can’t help but feel a little bad after the inning. Canada stranded two runners in scoring position, giving them an opportunity to take the lead for themselves. Unfortunately, they could not plate those runs. Despite their best inning yet, they still trail 2-1.

Arielle Prescott evades jam with no runs

Japan looked ready to strike again in the bottom of the second, quickly getting runners to second and third with no outs. Prescott would come up clutch though, striking out the next two batters and getting the final batter of the inning to lineout to third base.

It remains 2-0 Japan heading into the third.

Japan off to hot start

The Asia-Pacific region representatives wasted no time putting the first run of the game on the board. In the bottom of the first, Yukina Osada led off with a first-pitch double. After a pass ball, she was just 90 feet away from scoring.

Rinka Nozaki would drill a low fastball the other direction, driving in Osada and giving Japan the early lead.

It didn’t take long for a second run to score either. Just two batters later, an overthrow from the Canadian team allowed Nozaki to score Japan’s second run. After the first, they lead 2-0.

FINAL: Pennsylvania 9, California 0

The bottom of the sixth started off as well as an inning could for them, with a leadoff baserunner. However, that runner was short-lived, as Bills would force a double play just a few pitches later. The call originally had the runner safe at first, but after replay, the call was overturned, pushing California to their final out. On the first pitch, California would ground out to second base, securing Pennsylvania’s win. They advance to face Tulsa in the next round. That game will take place Thursday, August 7 at 1 p.m. ET.

Pennsylvania adding insurance

Not that Bills needed the help, but Pennsylvania has added four runs in the top of the sixth inning while only recording one out.

The barrage finally ended after a triple to right from Mallory Bailor plating Pennsylvania’s ninth run of the game. California would record a strikeout and groundout to end the inning, but the damage was irreversible. California has just three outs to record nine runs.

Reagan Bills the star of LLSWS so far

Bills was spectacular in Pennsylvania’s opening game, but was forced out due to an unforeseen injury. However, that injury clearly didn’t hinder her for long. She returned to the mound just one day later and hasn’t skipped a beat, tallying double-digit strikeouts yet again through five innings. Bills even carried a perfect game into the fourth today.

Pennsylvania extends lead

California’s defensive struggles led to another Pennsylvania run as a stolen base followed by a single to left would’ve called for a close play at home, but an error from the left fielder allowed the run to score easily and put a runner on second. That run would not come around, but it will be very difficult for California to make a comeback with further mental errors.

Pennsylvania takes lead on California in big third inning

A leadoff single, well-executed bunt and passed ball gave Pennsylvania two runners in scoring position and no outs to start the top of the third inning. It didn’t waste the opportunity.

Pennsylvania initially took advantage of some confusion in the California infield after a well-hit ball to the shortstop. An errant throw to second base allowed the runner at third to cross home plate and give Pennsylvania the lead after the top of the third inning. A two-out RBI single by Camilla Gaunt followed by a bases clearing double from Reagan Bills then pushed the Pennsylvania lead over California to 4-0 heading into the bottom of the third inning.

Pennsylvania and California still scoreless

California escaped a first-inning jam without giving up a run after Pennsylvania got a couple hits and two runners in scoring position. Pennsylvania has yet to give up a hit through two innings and is up to bat in the bottom of the second inning.

Pennsylvania and California are underway

Game 3 of Day 2 at the Little League Softball World Series between Pennsylvania and California is underway with Pennsylvania batting in the top of the first inning. Pennsylvania won its first game at the LLWS, 2-1, on a walk-off hit on Sunday. California is playing its first game in Greenville, North Carolina

California is represented by Westchester-Del Rey Little League in Los Angeles while Pennsylvania’s team is based out of Johnstown.

FINAL: Oklahoma 2, Florida 1

There was a bit of controversy to close out the second game of Day 2 at the Little League Softball World Series. Florida got back-to-back infield singles off the pitcher’s mitt, but the umpire ruled baserunner interference despite the video replay appearing to show no contact between the Florida runner and the Oklahoma second baseman. The play was not reviewable.

Florida scored its only run in the first inning and didn’t get a runner in scoring position again until down to their final out in the sixth inning facing Oklahoma pitcher Harmoneigh White. Oklahoma improves to 1-0 at the LLWS and moves into the semifinal round of the purple winner’s bracket. Florida is now 1-1 and moves to the purple elimination bracket.

Oklahoma, Florida head to sixth inning

No drama in the fifth inning as both Oklahoma and Florida are held off the scoreboard. Florida is down to its last three outs facing a 2-1 deficit to Oklahoma.

Oklahoma takes lead from Florida in fourth inning

Oklahoma has taken the lead after falling behind in the top of the first inning. Oklahoma loaded the bases and then plated go-ahead run on an RBI hit by pitch that stood after review.

Florida minimized the damage with a nifty catch by its shortstop to close out the fourth inning. It’s 2-1 Oklahoma as they head to the fifth inning.

Oklahoma ties score with Florida after 3 innings

Oklahoma made quick work in the top of the third inning and Florida got two outs on four pitches to start the bottom of the third inning. But Florida then gave up a two-out double that proved troublesome.

A single into right field, followed by a couple bobbles by the Florida right fielder, tied the score at one apiece after three innings.

Florida foils Oklahoma squeeze bunt

Oklahoma pulled off a 1-2-3 in the top of the second inning and then had its first threat of the game when it came to bat.

Oklahoma attempted a squeeze bunt after a Florida error set up second and third with one out, but Florida snuffed it out in a rundown between third and home.

It’s still 1-0 Florida heading into the third inning.

Florida takes early 1-0 lead on Oklahoma

Florida got off to a fast start in its first LLWS game with two hits in the top of the first inning to get on the scoreboard first. Oklahoma managed to limit the damage and then got two runners on base in the bottom-half of the first. But Florida got out of the inning with its 1-0 lead intact.

Florida vs. Oklahoma up next

Next up from Greenville, North Carolina is a purple bracket matchup featuring a team from Tulsa, Oklahoma representing the Southwest Region and a team from Lake Mary, Florida representing the Southeast region. Florida won its opening game of the LLWS, 9-2. Oklahoma is playing its first game of the event.

FINAL: North Carolina 5, Indiana 3

North Carolina completes another comeback for a 5-3 win over Indiana to improve to 2-0 at the Little League Softball World Series. North Carolina pitcher Makayla Montgomery steadied herself after Indiana scored three runs in the first inning. North Carolina has now come-from-behind in two games at the LLWS, in addition to two games in its regional tournament to advance to the LLWS.

North Carolina, which is also the defending LLWS champion, had 5 runs, 11 hits and two errors. Indiana’s line: 3 runs, 8 hits, 2 errors 

North Carolina with a dramatic top of the 6th

Emily Mills had a two-run single to cut the deficit to 3-2 and then Ava Wilson had an RBI-single to tie the game. Avery Cash gave North Carolina the lead with her infield single and Gemma Braxton pushed it to 5-3 with her RBI-single after the top of the sixth.

3-up, 3-down for both teams in the 5th inning

Indiana’s Mercer and North Carolina’s Montgomery are both cruising at this point at Elm Street Park in Greenville, North Carolina. Indiana appeared to get a bunt single from Sawyer Abel but the safe call on the field was overturned on replay.

4 innings complete: Indiana leads North Carolina 3-0

North Carolina got one hit in its half of the inning with two outs but that didn’t translate into any runs. Indiana got two runners into scoring position and that threat was diffused.

After 3 innings Indiana still in control

North Carolina has no runs, four hits and one error while Indiana has compiled three runs, seven hits and had one error. 3-0 North Carolina.

Indiana goes down 1-2-3 in the 2nd inning

North Carolina’s Makayla Montgomery retired two batters on ground outs and another on a pop out to breeze through a quick inning.

North Carolina leaves the bases loaded again

North Carolina loaded the bases with one out on a single by Abby Pohlplatz, which was the team’s third hit of the game. However, Indiana’s Mercer was able to induce a grounder that turned into a force out at home and then a runner interference call was awarded on the runner colliding with the fielder on the subsequent play.

Indiana takes the lead

Grace Fiore had an RBI-single and Kennedy Nickels supplied an RBI-double before Indiana forced North Carolina to switch pitchers from Emily Mills to Makayla Montgomery. However, that didn’t stop the scoring. Indiana’s Scarlett Renn added an RBI-single as the first batter that Montgomery saw. After 1st inning, Indiana leads 3-0.

Briley Mercer gets out of bases loaded jam

Indiana’s Briley Mercer gave up two straight hits to start out the inning and later had to deal with the bases loaded with one out. She was able to get out of it with no runs scoring.

How to watch 2025 Little League Softball World Series

The 2025 Little League Softball World Series will be broadcast on ESPN platforms, with the championship game airing on ABC. Games will also be available to stream on ESPN+.

  • Dates: Aug. 3-10
  • TV: ESPN | ESPN2 | ABC
  • Stream: ESPN+
  • Location: Greenville, North Carolina

Catch the Little League Softball World Series on ESPN+

2025 Little League Softball World Series Day 1 results

Sunday, Aug. 3

  • Game 1: Southeast region: Lake Mary, Florida 9, Northwest region: Mill Creek, Washington 2
  • Game 2: North Carolina region: Pitt County, North Carolina 4, Latin America region: São Paulo, Brazil 3
  • Game 3: Canada region: Repentigny, Quebec 5, Europe-Africa region: Prague, Czechia 4
  • Game 4: Mid-Atlantic region: Johnstown, Pennsylvania 2, New England Region: Guilford, Connecticut 1
This post appeared first on USA TODAY

A blowout victory over the Las Vegas Aces came at a cost for the Minnesota Lynx on Aug. 2.

With less than a minute left in the third quarter and the Lynx holding a commanding 43-point lead over the Aces, Minnesota star Napheesa Collier collided with teammate Alanna Smith and landed awkwardly on her right foot. The five-time All-Star remained on the floor for a couple of minutes before walking off the court under her power – but with assistance.

Following the game, Lynx coach Cheryl Reeve said that Collier would undergo further testing to figure out the extent of her injury. Collier has already missed three games this season.

Collier is averaging a career-high 23.5 points, 7.5 rebounds and 3.5 assists per game in her seventh WNBA season. The 2024 Defensive Player of the Year is the current favorite to win 2025 MVP honors and was named Western Conference Player of the Month for July.

Here’s the latest on Collier’s injury:

Napheesa Collier injury update

Collier sprained her right ankle with less than a minute left in Minnesota’s 111-58 blowout victory over Las Vegas on Saturday, Aug. 2. She sat out the fourth quarter and was officially ruled out of the game midway through the fourth quarter.

On Sunday, Aug. 3, Collier had further testing to find out the extent of her injury. According to an ESPN report, Collier will be out for two weeks with a right ankle sprain. However, the good news is that Collier avoided a major injury.

The Lynx released an official statement on Collier’s injury on Monday, Aug. 4:

‘After undergoing an MRI (Magnetic Resonance Imaging), Collier was evaluated by team physician Dr. Elena Jelsing at Mayo Clinic Square, where a right ankle sprain was confirmed. Collier will be re-evaluated in the coming weeks and further updates on her progress will be provided when available.’

At the time of her injury, Collier had 18 points, five assists, three rebounds and two steals in 26 minutes.

Napheesa Collier stats

Here’s a look at Collier’s stats this season. She has missed three games this year.

  • 2025 regular season: 23.5 points on 53.7% shooting with 7.5 rebounds, 3.5 assists, 1.8 steals, 1.6 blocks per game in 26 games (26 starts)
  • 2025 All-Star Game: Voted as captain and was named All-Star Game MVP after scoring a game-high 36 points and leading her team to a 151-131 victory over Team Clark.
This post appeared first on USA TODAY

 

Virtual Investor Conferences, the leading proprietary investor conference series announced the agenda for the OTCQB Venture Virtual Investor Conference to be held August 7 th .

 

Individual investors, institutional investors, advisors, and analysts are invited to attend.

  REGISTER HERE   

 

It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. There is no cost to log-in, attend live presentations, or schedule 1×1 meetings with management.

 

‘Now in its seventh year, the OTCQB Venture Investor Conference has become the go-to platform for innovative early-stage companies to connect directly with investors,’ said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. ‘It offers a unique window into the momentum and vision driving the next generation of public companies.’

 

  August 7   th  

 

                                             

  Eastern  
Time (ET)  
  Presentation     Ticker(s)  
  9:30 AM ET   Sparc AI Inc.   (OTCQB: SPAIF | CSE: SPAI)  
  10:00 AM ET   Surge Copper. Corp   (OTCQB: SRGXF | TSXV: SURG)  
  10:30 AM ET   ReGen III Corp.   (OTCQB: ISRJF | TSXV: GIII)  
  11:00 AM ET    Silver47 Exploration Corp.   (OTCQB: AAGAF | TSXV: AGA,OTC:AAGAF)
  11:30 AM ET   Nature’s Miracle Holding Inc.   (OTCQB: NMHI)  
  12:00 PM ET   Zero Candida Technologies Inc.   (OTCQB: ZCTFF | TSXV: ZCT)  
  12:30 PM ET   Oncotelic Therapeutics, Inc.   (OTCQB: OTLC)  
  1:00 PM ET   Telo Genomics Corp.   (OTCQB: TDSGF | TSXV: TELO)  
  1:30 PM ET   Zomedica Corp.   (OTCQB: ZOMDF)  
  2:00 PM ET   Metaguest.AI Incorporated   (OTCQB: MGSTF | CSE: METG)  
  2:30 PM ET   Waste Energy Corp.   (OTCQB: WAST)  
  3:00 PM ET   CleanGo Innovations Inc.   (OTCQB: CLGOF | CSE: CGII)  
  3:30 PM ET   Sekur Private Data Ltd.   (OTCQB: SWISF | CSE: SKUR)  
  4:00 PM ET   CyberCatch Holdings, Inc.   (OTCQB: CYBHF | TSXV: CYBE)  

 

 
To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com .

 

  About Virtual Investor Conferences   ®

 

Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

 

Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

 

  Media Contact:  
OTC Markets Group Inc. +1 (212) 896-4428,   media@otcmarkets.com   

 

  Virtual Investor Conferences Contact:  
John M. Viglotti
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
johnv@otcmarkets.com  

 

   

 

 

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

Global gold demand rose to a record US$132 billion in the second quarter of 2025, driven by surging investor appetite and the highest average gold price ever recorded in a quarter, according to the latest Gold Demand Trends report from the World Gold Council (WGC).

While total demand by volume rose only 3 percent year-on-year to 1,249 metric tons, the WGC noted a 45 percent surge in value terms compared to Q2 2024, as prices soared to an average of US$3,280.35 per ounce.

According to WGC data, investment flows, particularly into gold-backed exchange-traded funds (ETFs) and physical bars and coins, were the primary force behind the increase.

ETFs and bar demand dominate, Central Bank buying slows despite demand

Overall investment demand climbed 78 percent year-on-year in Q2, led by ETF inflows totaling 170 metric tons. Combined with Q1’s 227 metric tons, this brings first-half ETF demand to 397 metric tons—the strongest six-month performance since the record-setting H1 2020.

Bar and coin demand also remained robust, particularly in China and Europe, where investors responded to the rising price and gold’s traditional role as a store of value. Retail investment in China even surpassed jewellery consumption for the quarter, a reversal from previous years.

The WGC also noted that continued interest from global High Net Worth investors and reports of healthy institutional demand contributed to 170 metric tons of OTC investment and stock changes in Q2.

On the other hand, central banks added 166 metric tons of gold to official reserves in Q2, a decline of 33 percent quarter-on-quarter but still 41 percent above the average quarterly level seen between 2010 and 2021.

Although the pace of accumulation has slowed, the WGC maintains a constructive outlook. Data from recent central bank surveys show that the intention to add gold over the coming year remains strong.

Jewellery sector contracts, technology use slips on trade uncertainty

In stark contrast to investment flows, jewellery demand fell sharply in volume terms during Q2, with global consumption declining to 341 metric tons, 30 percent below the five-year average and the lowest since Q3 2020.

The WGC found that almost all 31 countries tracked saw a year-on-year decline in jewellery demand, with Iran as the sole exception.China and India, which typically account for over half the global market, saw their combined share drop below 50 percent for only the third time in five years.

Nonetheless, in value terms, jewellery demand rose 21 percent year-on-year to US$36 billion, highlighting the price-volume divergence that has grown more pronounced in 2025.

As for technological applications, demand for gold fell 2 percent year-on-year to 79 metric tons in Q2, with the electronics sector accounting for most of the decline.

The WGC noted that trade tensions, particularly the extension of US tariff uncertainties through August, weighed heavily on East Asian manufacturing sentiment.

Despite the broader slowdown, gold used in AI-related technologies remained an area of strength, offering a partial buffer to the decline in electronics applications.

Mine production hits new Q2 record

On the supply side, gold mine production rose to 909 metric tons in Q2, a new second-quarter record, helping lift total supply to 1,249 metric tons—a 3 percent year-on-year increase. Recycling activity also increased slightly, up 4 percent to 347 metric tons, the highest for any Q2 since 2011.

Still, the WGC observed that recycling remains “subdued relative to price performance,” due to strong holding behavior and limited signs of household financial distress.

Outlook through 2025

Looking to the second half of 2025, the WGC expects investment demand to remain firm, though possibly at a slower pace due to short-term dollar strength and resilient equity markets.

Still, the prospect of lower interest rates, which are widely expected to begin in Q4, could reignite momentum.

“Lower policy rates are likely to elicit more investor interest in gold from an opportunity cost perspective,” the report concluded.

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

This post appeared first on investingnews.com

Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQB: FTBYF) (‘Fortune Bay’ or the ‘Company’) is pleased to announce that it has entered into a definitive option agreement (the ‘Agreement’), dated July 25, 2025, with Neu Horizon Uranium Limited ACN 653 749 145 (the ‘Optionee’), a private Australian arms-length party. Pursuant to the Agreement, the Optionee will be granted the option (the ‘Option’) to acquire an eighty percent interest in The Woods Uranium Projects (‘The Woods’ or the ‘Projects’) located on the northern margin of the Athabasca Basin, Saskatchewan (Figure 1).

Figure 1: The Woods Uranium Projects – District-Scale Opportunity (CNW Group/Fortune Bay Corp.)

The Woods Highlights:

  • District-scale opportunity, including five projects covering approximately 40,000 hectares.
  • A dominant land position along the Grease River Shear Zone (‘GRSZ’) within 30 kilometres of the northern Athabasca Basin margin.
  • The GRSZ is significantly underexplored relative to other major Athabasca Basin structures (less than 20 historical drill holes northeast of Fond du Lac, and only 3 historical drill holes on the Projects).
  • Geological settings and structural features are prospective for; 1) unconformity-related basement-hosted uranium deposits, 2) magmatic intrusive uranium deposits and, 3) rare earth element (‘REE’) deposits.
  • Abundant historical uranium and REE showings, and the highest lake sediment uranium anomalies in Saskatchewan.

Dale Verran, CEO of Fortune Bay, commented: ‘We are pleased to have executed a Definitive Option Agreement with Neu Horizon for the advancement of The Woods Uranium Projects. This partnership combines strong technical capabilities and capital markets expertise to accelerate exploration efforts on these high-potential projects at a time of strengthening uranium market fundamentals. The transaction reflects our disciplined approach to capital allocation—prioritizing spend on our core gold assets at Goldfields and Poma Rosa—while unlocking blue-sky potential from earlier-stage projects through partnerships that preserve upside for our shareholders.’

Martin Holland, Executive Chairman of Neu Horizon Uranium, added: ‘We’re pleased to have successfully closed the earn-in agreement with Fortune Bay and to partner with an experienced in-country team, complementing Neu’s strong technical expertise. With this foundation in place, we’re eager to hit the ground running and carry out substantial work to position the project for drilling ahead of our planned ASX IPO in Q1 2026.’

Key Terms

Consistent with the Letter of Intent (the ‘LOI’) signed in May, 2025, the Option is exercisable by the Optionee completing staged cash payments and share issuances, and incurring the following exploration expenditures on the Project:

Cash

Consideration
Shares

Exploration
Expenditures

Interest Earned

Signing of Definitive Agreement

A$50,000

A$50,000

Nil

80 %

31 December 2025

Nil

A$200,000

A$700,000

31 December 2026

Nil

A$500,000

A$2,300,000

Total

A$50,000

A$750,000

A$3,000,000

The Company will act as the operator during the Option period and will be entitled to charge a management fee of 10% of expenditures incurred on the Projects. A participating Joint Venture (‘JV’) will be formed at the end of the Option period, consistent with customary JV Terms. The JV will allow for dilution and should the Company’s interest fall below 10% the Company will be granted a 2% net smelter returns (‘NSR’) royalty. One-half (1%) of the NSR may be purchased at any time prior to commercial production for a cash payment of A$5 million, subject to Consumer Price Index increase.

Further Projects details are provided in the Company’s News Release dated May 29, 2025.

Qualified Person

The technical and scientific information in this news release has been reviewed and approved by Gareth Garlick, P.Geo., Technical Director of the Company, who is a Qualified Person as defined by NI 43-101. Mr. Garlick is an employee of Fortune Bay and is not independent of the Company under NI 43-101.

Technical Disclosure on Historical Results

The historical uranium and REE occurrences referenced in the ‘Woods Highlights’ section derive from the Saskatchewan Mineral Deposits Index. The lake sediment uranium anomalism referred to in the same section refers to historical results derived from the Saskatchewan Mineral Assessment Database file number 74O09-0004, in comparison with the open-source regional Saskatchewan lake sediment geochemistry database available on the Government of Saskatchewan Mining and Petroleum GeoAtlas. Historical results are not verified and there is a risk that any future confirmation work and exploration may produce results that substantially differ from these. The Company considers these unverified historical results relevant to assess the mineralization and economic potential of the property.

About Fortune Bay

Fortune Bay Corp. (TSXV:FOR, FWB:5QN, OTCQB:FTBYF) is an exploration and development company with 100% ownership in two advanced gold projects in Canada, Saskatchewan (Goldfields Project) and Mexico, Chiapas (Poma Rosa Project), both with exploration and development potential. The Company is also advancing seven uranium exploration projects on the northern rim of the Athabasca Basin, Saskatchewan, which have high-grade potential. The Company has a goal of building a mid-tier exploration and development Company through the advancement of its existing projects and the strategic acquisition of new projects to create a pipeline of growth opportunities. The Company’s corporate strategy is driven by a Board and Management team with a proven track record of discovery, project development and value creation. Further information on Fortune Bay and its assets can be found on the Company’s website at www.fortunebaycorp.com or by contacting us as info@fortunebaycorp.com or by telephone at 902-334-1919.

About Neu Horizon

Neu Horizon is a public unlisted Australian company focused on discovering and developing Tier 1 uranium deposits in premier exploration jurisdictions. Through this exciting new partnership with Fortune Bay, the company has access to a dominant land package with over 100,000ha of prime exploration ground covering three projects in Sweden and five projects in Canada.

Sweden is Europe’s leading mining nation and also hosts the world’s largest low-grade uranium resource within the Alum-shale, where Neu Horizon has a significant landholding. The company aims to take advantage of the Swedish Government’s plans to lift the 2018 moratorium on uranium exploration and mining to delineate a significant European uranium deposit.

Canada’s Athabasca Basin is the world’s leading source of high-grade uranium. Access to this land package along the northern rim of the basin provides Neu Horizon direct access to this underexplored uranium exploration frontier.

These strategic projects align Neu Horizon with the global demand for clean, sustainable and low-carbon energy, by taking advantage of both countries’ rich uranium resources and supportive mining legislation.

On behalf of Fortune Bay Corp.

‘Dale Verran’
Chief Executive Officer
902-334-1919

Cautionary Statement Regarding Forward-Looking Information

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions, and expectations. They are not guarantees of future performance. Words such as ‘expects’, ‘aims’, ‘anticipates’, ‘targets’, ‘goals’, ‘projects’, ‘intends’, ‘plans’, ‘believes’, ‘seeks’, ‘estimates’, ‘continues’, ‘may’, variations of such words, and similar expressions and references to future periods, are intended to identify such forward-looking statements.

Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s objectives, goals, intentions or future plans, statements, exploration results, potential mineralization, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify targets or mineralization, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First Nations and other indigenous peoples, inability to reach access agreements with other Project communities, amendments to applicable mining laws, uncertainties relating to the availability and costs of financing or partnerships needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR+. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. For more information on Fortune Bay, readers should refer to Fortune Bay’s website at www.fortunebaycorp.com.

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


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