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One day after Trinidad Chambliss’ 2025 season came to an end, his college career did, too.

The Mississippi quarterback’s waiver for an additional season of eligibility was denied by the NCAA, with college sports’ governing body announcing its decision on Friday, Jan. 9.

Chambliss was asking for a medical redshirt for the 2022 season, when he was at Division II Ferris State and didn’t play any games while dealing with persistent respiratory issues that ultimately led to the removal of his tonsils.

“Approval requires schools to submit medical documentation provided by a treating physician at the time of a student’s incapacitating injury or illness, which was not provided,” the NCAA said in a statement. “The documents provided by Ole Miss and the student’s prior school include a physician’s note from a December 2022 visit, which stated the student-athlete was ‘doing very well’ since he was seen in August 2022. Additionally, the student-athlete’s prior school indicated it had no documentation on medical treatment, injury reports or medical conditions involving the student-athlete during that time frame and cited “developmental needs and our team’s competitive circumstances” as its reason the student-athlete did not play in the 2022-23 season.”

The NCAA added its decision “aligns with consistent application of NCAA rules.”

In his first and ultimately only season at Ole Miss, Chambliss threw for 3,937 yards, 22 touchdowns and three interceptions while rushing for an additional 527 yards and eight touchdowns. He finished eighth in Heisman Trophy voting.

Chambliss helped lead the Rebels to one of the best seasons in program history, with a 13-2 record and a run to the College Football Playoff semifinals, where they fell to Miami 31-27 on Thursday, Jan. 8 in the Fiesta Bowl. Chambliss threw for 277 yards and a touchdown in the loss.

Prominent sports attorney Tom Mars represented Chambliss during his waiver process. Mars said in a statement that he assumes Ole Miss will file an appeal with the NCAA and that ‘there is now an opportunity to move this case to a level playing field where Trinidad’s rights will be determined by the Mississippi judiciary instead of some bureaucrats in Indianapolis who couldn’t care less about the law or doing the right thing.”

‘I deserve (another year),’ Chambliss said Dec. 30. ‘I’ve only played three seasons of college football. I feel like I deserve to play four. I redshirted in 2021. That was my freshman redshirt. Then I medically redshirted in 2022. Played in 2023, 2024 and this is 2025.’

Chambliss took a traditional redshirt season during his true freshman year at Ferris State and did not play during the ensuing 2022 campaign.

The NCAA said that this academic year, it has received 25 eligibility clock extension requests that cited an incapacitating injury, nine of which came from football players. Of those 25 waiver requests, the NCAA approved 15, including six in football. All 15 that were approved provided medical documentation from the time of the injury while all 10 that were denied didn’t.

Chambliss had previously committed to return to Ole Miss for the 2026 season if his waiver was approved, shutting down speculation that he could follow former Rebels coach Lane Kiffin to LSU.

Without Chambliss, Ole Miss and new head coach Pete Golding will likely have to look elsewhere for a quarterback for next season. Austin Simmons, who started the season ahead of Chambliss before being sidelined with an injury, entered the transfer portal and signed with Missouri earlier this week.

What is Trinidad Chambliss’ NFL draft projection?

Chambliss is projected to get a shot in the NFL. He’ll probably be drafted in the middle of the 2026 NFL Draft, according to experts.Chambliss is ranked as the No. 6 quarterback prospect on Mel Kiper of ESPN’s 2026 NFL Draft preview published Jan. 2.

Pro Football Focus ranks Chambliss as the No. 5 quarterback and No. 83 player overall.

Clarion Ledger Ole Miss reporter Sam Hutchens contributed to this story.

This post appeared first on USA TODAY

Japan will begin testing deep-sea mining for rare earth elements this month, moving into uncharted territory as supply security concerns intensify amid China’s tightening grip on critical minerals.

The government-backed trial, scheduled to run from January 11 to February 14, will take place in waters around Minamitori Island, roughly 1,900 kilometers southeast of Tokyo.

The test is designed to evaluate equipment capable of retrieving up to 350 metric tons of sediment per day while simultaneously monitoring environmental impacts both on the seabed and aboard the vessel.

According to a December Reuters report, Japanese officials say a larger-scale trial could follow next year if the initial phase proves successful.

Tokyo’s push into deep-sea mining comes as concerns grow over its exposure to Chinese export controls. China dominates the rare earth supply chain, accounting for about 70 percent of global production and more than 90 percent of refining capacity, according to Japanese government estimates.

Despite years of diversification efforts, Japan still sources around 60 percent of its rare-earth imports from China and remains almost entirely dependent on Beijing for certain heavy rare earths.

Those vulnerabilities have become more acute as China signals a tougher stance on exports.

Earlier this week, Beijing announced restrictions on the overseas sale of so-called “dual-use” items with potential military applications, a category analysts say could be interpreted broadly enough to encompass some rare earth materials.

The announcement revived memories of 2010, when China quietly halted rare-earth shipments to Japan during a territorial dispute, disrupting manufacturing and forcing Tokyo to reassess its supply risks.

Japanese government estimates suggest the economic fallout from another disruption could be severe. A three-month interruption in rare-earth supplies could cost domestic companies more than US$4 billion, while a year-long halt could shave nearly 0.5 percent off annual GDP.

Japan is also exploring potential cooperation with the US in the waters around Minamitori Island as part of a broader effort to build more resilient supply chains for rare earths and other critical minerals.

The two countries have already committed last year to collaborate on mining, processing, and supply chain development.

Beyond the current trial, Japan is also laying plans to build a dedicated processing facility on Minamitorishima by 2027 as part of its Strategic Innovation Promotion Program (SIP).

The facility would handle mud recovered from the seabed and form part of an end-to-end domestic supply chain for marine-based rare earths. A full-scale demonstration is scheduled for February 2027 to test the facility’s ability to recover up to 350 metric tons of rare-earth mud per day.

“We will ultimately demonstrate the entire process of extracting rare-earth elements from mud and then assess its economic viability,” Shoichi Ishii, program director at the Strategic Innovation Promotion Program, told Nikkei Asia.

Marine scientists and environmental groups, however, continue to warn that deep-sea mining could cause long-lasting damage to ecosystems that remain poorly understood.

Despite those calls, a growing number of countries are pressing ahead with exploratory projects as competition for critical minerals intensifies.

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

This post appeared first on investingnews.com

Statistics Canada released December jobs figures on Friday (January 9). The data shows that 8,200 new jobs were added during the month, while the unemployment rate rose to 6.8 percent, up 0.3 percentage points from November.

The agency attributes the gain to more Canadians actively seeking work. Analysts had expected a decrease of 5,000 jobs and a smaller increase in the unemployment rate to 6.6 percent.

Among the highlights of the report was an improvement in the type of labor, as part-time jobs fell by 42,000, while full-time jobs rose by 50,000. The gains bring the total number of jobs added to the Canadian economy since September to 181,000, ending the year with strong momentum after little growth earlier in 2025.

The US Bureau of Labor Statistics also released jobs data, indicating that the US economy added 50,000 jobs in December, with an unemployment rate of 4.4 percent, down 0.1 percentage points from November.

Excluding 2020 at the start of the COVID-19 pandemic, the 584,000 jobs added in 2025 mark the worst performance for the US jobs market since 2009 at the height of the global financial crisis.

On Wednesday (January 7), US President Donald Trump announced on Truth Social that Venezuela would be turning over up to 50 million barrels of oil to the US, worth approximately US$2.8 billion, and it would be sold at market price.

Trump wrote that he will control the money made from the sales “to ensure it is used to benefit the people of Venezuela and the United States.” The announcement comes days after US forces executed an operation to capture Venezuelan President Nicolas Maduro and return him to the US to stand trial for drug trafficking and weapons charges.

Trump also stated that the US will be overseeing the governance of the South American nation, while eyeing a return for US oil companies, giving the US control of one of the world’s largest oil reserves indefinitely.

The actions brought widespread criticism from US allies and foes alike, as the US violated international and domestic laws by working outside traditional mechanisms to carry out the operation, which included bombing strikes on strategic military targets in the country. Due in part to concerns of competition from rising Venezuelan oil production, some Canadian oil stocks fell by as much as 7 percent on Monday (January 5).

In mining news, Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) and Glencore (LSE:GLEN,OTCPL:GLCNF) restarted merger discussions this week. The companies previously discussed creating a combined entity in 2024, but talks stalled.

For more on what’s moving markets this week, check out our top market news round-up.

Markets and commodities react

Canadian equity markets were on the rise this week.

The S&P/TSX Composite Index (INDEXTSI:OSPTX) gained 2.51 percent over the week and set a new record to close Friday at 32,612.93; the S&P/TSX Venture Composite Index (INDEXTSI:JX) fared a little better, rising 4.91 percent to 1,052.18. The CSE Composite Index (CSE:CSECOMP) also gained ground, rising 5.17 percent to close at 182.45.

The gold price was trading near all-time highs this week following the US incursion into Venezuela. It gained 4.36 percent on the week to reach US$4,506.84 per ounce by Friday at 4:00 p.m. EST. The silver price did even better, trading near an all time high at US$82.54 per ounce on Tuesday (January 6). Although the price pulled back on Wednesday and Thursday (January 8), it rebounded on Friday to end the week up 10.17 percent at US$79.75.

In base metals, the Comex copper price climbed to its own record high, reaching US$6.12 per pound on Monday, before pulling back to end the week down 0.67 percent at US$5.91.

The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) rose 2.06 percent to end Friday at 559.83.

Top Canadian mining stocks this week

How did mining stocks perform against this backdrop?

Take a look at this week’s five best-performing Canadian mining stocks below.

Stocks data for this article was retrieved at 4:00 p.m. EST on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market caps greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered.

1. Gold Reserve (TSXV:GRZ)

Weekly gain: 131.78 percent
Market cap: C$662.66 million
Share price: C$5.47

Gold Reserve is an exploration company that holds a minority share in the Siembra Minera gold and copper project in Venezuela. It is currently in a dispute with the Venezuelan government, which holds a majority stake in the project, claiming that it has deprived Gold Reserve of its rights to the multi-billion dollar mining project.

In 2014, the government was ordered to pay over US$700 million to Gold Reserve, but, in a show of good faith, the company agreed to enter into settlement negotiations, ultimately agreeing in 2016 to pay the arbitration award in installments. However, according to Gold Reserve, the government failed to make payments and, by 2021, had shifted to sabotaging negotiations, entering into new deals over the property with rivals, and imprisoning the company’s chief legal and commercial representative. The company states the imprisonment intimidated potential court representatives for the company, and the Supreme Court of Venezuela dismissed Gold Reserve’s appeal for “lack of representation.”

More recently, Gold Reserve has pursued legal action in Delaware regarding the forced sale of assets owned by Venezuela’s state-owned oil producer, PDVSA, and CITGO. In its most recent update on the Delaware case Friday, Gold Reserve said that it filed its opening appeal brief with the US Court of Appeals for the Third Circuit in connection with the proposed sale of the oil companies’ assets. Although Gold Reserve was the highest bidder, the District Court approved the sale to Elliott Investment Management and affiliate Amber Energy. Gold Reserve asserts that the order approving the sale violated Delaware requirements that attached shares be sold to the highest bidder.

The company believes there are enough concerns to vacate the sale order. It also added that it is reviewing security plans and taking proactive steps to support an eventual safe return to its operations in Venezuela.

Shares surged this week following the capture of Venezuela’s Maduro by US forces on January 3.

2. Peloton Minerals (CSE:PMC)

Weekly gain: 92.86 percent
Market cap: C$42.06 million
Share price: C$0.27

Peleton Minerals is an exploration company focused on its flagship North Elko lithium project in Nevada, US.

The property consists of 442 mineral claims covering 37 square kilometers, west of a major discovery made by Surge Battery Metals (TSXV:NILI,OTCQX:NILIF) in 2023. In 2024 and 2025, Peloton carried out several exploration programs at the site, including airborne hyperspectral imaging, a soil geochemistry survey and geological mapping.

In November 2025, the company commenced a maiden drill program at the site, saying it planned to target lithium-bearing claystone layers with potential for other critical minerals.

The program consisted of four holes, each drilled to a depth of approximately 500 feet. Peloton announced on December 10 that the program was complete and confirmed near-surface clay layers. The company had submitted samples for multi-element analysis, with results not expected until the end of January 2026.

Shares in the company gained this week, but it has not released news since December 31, when it reported the closing of the third and final tranche of its non-brokered private placement. The three fundraising rounds raised C$1.17 million in total and proceeds will fund lithium exploration in Northern Nevada and working capital.

3. Decade Resources (TSXV:DEC)

Weekly gain: 77.78 percent
Market cap: C$13.84 million
Share price: C$0.08

Decade Resources is focused on advancing a portfolio of properties in the Golden Triangle region of BC, Canada.

Among its interests is a 55 percent stake in the Del Norte property located near Stewart, BC. The company acquired its share in the property from Teuton Resources (TSXV:TUO,OTCQB:TEUTF) via a January 2020 option deal.

Since that time, the company has executed the required C$4 million in exploration expenditures at Del Norte, and is now looking toward earning an additional 20 percent stake by bringing the property to commercial production.

Drilling at the site in 2024 led to the discovery of a new zone with assays of 6.59 grams per metric ton (g/t) gold and 946 g/t silver over 1 meter, located below the Kosciuszko zone.

The most recent update came on Tuesday, when Decade provided an overview of the property and laid out its exploration plans for 2026. The work would focus on several areas, including one 800 meters southwest of the Eagle’s Nest zone where a historic float sample returned values of 4,232.2 g/t silver and 13.59 g/t gold in 1994. Targets also include the 2024 discovery, and along strike from the Kosciuszko and Eagle’s Nest zones.

4. SouthGobi Resources (TSX:SGQ)

Weekly gain: 68.89 percent
Market cap: C$99.39 million
Share price: C$0.38

SouthGobi is a coal mining company with assets located in Southern Mongolia near the border with China.

Its flagship operation is the Ovoot Tolgoi coal mine, which consists of the Sunrise and Sunset pits and has been producing since 2008. SouthGobi holds permits to mine until 2037. The company also owns two additional properties in the region. The Soumber deposit is located 20 kilometers east of the Ovoot Tolgoi mine, meaning that any potential mining of Soumber could share Ovoot Tolgoi’s infrastructure. Its last property is the Zag Suuj deposit, located 150 kilometers east of Ovoot Tolgoi and 80 kilometers from the Mongolia-China Border.

The company has not released any news this past week.

5. Regency Silver (TSXV:RSMX)

Weekly gain: 65.38 percent
Market cap: C$19.16 million
Share price: C$0.215

Regency Silver is an exploration company focused on its Dios Padre precious metals and copper property in Sonora, Mexico. The site comprises three concessions covering a total area of 728 hectares and was acquired through a 2017 earn-in agreement with Minera Pena Blanca. It hosts the historic Dios Padre silver mine.

A March 2023 technical report outlines an inferred resource of 1.38 million metric tons of ore containing 10.15 million ounces of silver with an average grade of 228 g/t, plus 14,294 ounces of gold with an average grade of 0.32 g/t.

The most recent update from the project came on Thursday, when Regency announced a 225 meter step-out extension from the previous drilling. The company said it encountered sulfide-specularite supported breccia across a broad, non-continuous interval of 240 meters. While it has not received analytical results, it compared the breccia to that found in multiple other holes at the site, including one in which a 35.8 meter intersection returned grades of 6.84 g/t gold, 0.88 percent copper and 21.82 g/t silver. The news coincides with near-record-high gold and silver prices.

FAQs for Canadian mining stocks

What is the difference between the TSX and TSXV?

The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

How many mining companies are listed on the TSX and TSXV?

As of May 2025, there were 1,565 companies listed on the TSXV, 910 of which were mining companies. Comparatively, the TSX was home to 1,899 companies, with 181 of those being mining companies.

Together, the TSX and TSXV host around 40 percent of the world’s public mining companies.

How much does it cost to list on the TSXV?

There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

How do you trade on the TSXV?

Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.

Top 5 Canadian Mining Stocks This Week: St. Augustine Rises 67 Percent on Private Placement

Top 5 Canadian Mining Stocks This Week: St. Augustine Rises 67 Percent on Private Placement

Article by Dean Belder; FAQs by Lauren Kelly.

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

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

This post appeared first on investingnews.com

Sentiment for lithium prices and lithium stocks turned bullish in late 2025 as global demand surged, suggesting that a market surplus could tighten into a deficit sooner than previously expected.

Prices, which had soared through late 2022, faced volatility but rebounded in H2 on robust demand growth, inventory drawdowns and regulatory tightening.

Notably, Contemporary Amperex Technology (CATL) (SZSE:300750,HKEX:3750) halted operations at a major Chinese lithium mine, while Beijing introduced measures to prevent sales at unsustainably low prices.

The growing recognition of lithium as a critical mineral, alongside Western concerns over China’s dominance in supply chains, has strengthened the market outside of China, supporting prices and investment sentiment.

According to Benchmark Mineral Intelligence, global lithium demand in 2025 is projected to reach roughly 285,000 metric tons of lithium carbonate equivalent (LCE), up from 220,000 metric tons in 2024, driven largely by electric vehicle adoption and the rapid growth of battery energy storage systems.

Analysts anticipate continued price support as higher-cost producers exit, while demand from EVs, grid storage, and the energy transition catches up with supply constraints.

Against this backdrop, some lithium stocks are seeing share price gains. Below is a look at the lithium stocks in Canada, the US and Australia that performed the best in 2025, including updates on their news and activities.

This list of the top-gaining lithium companies is based on year-to-date as per TradingView’s stock screener. Data for all Canadian stocks, US and Australian stocks was gathered on December 30, 2025. Lithium stocks with market caps above $10 million in their respective currencies were considered.

Top Canadian lithium stocks

1. Stria Lithium (TSXV:SRA)

Year-to-date gain: 708.33 percent
Market cap: C$19.11 million
Share price: C$0.48

Stria Lithium is a Canadian exploration company focused on developing domestic lithium resources to support the growing demand for electric vehicles and lithium-ion batteries. The company’s flagship Pontax Central lithium project spans 36 square kilometers in the Eeyou Istchee James Bay region of Québec, Canada.

Cygnus Metals (TSXV:CYG,ASX:CY5,OTCQB:CYGGF) has an earn-in agreement with Stria to earn up to a 70 percent interest in Pontax Central. Cygnus completed the first stage in July 2023, acquiring a 51 percent interest by investing C$4 million in exploration and issuing over 9 million shares to Stria.

In May 2025, Stria and Cygnus agreed to extend the second stage of Cygnus’s earn-in agreement on the Pontax Central lithium project by 24 months. The second stage involves a further C$2 million in exploration spending and C$3 million in a cash payment.

Through its joint venture with Cygnus, Stria has outlined a JORC-compliant maiden inferred resource for Pontax Central of 10.1 million metric tons grading 1.04 percent lithium oxide.

In March, Stria closed a non-brokered private placement for C$650,000. The funds will be used in part for the evaluation of new mineral opportunities, according to the company.

Shares of Stria registered a year-to-date high of C$0.50 on December 30, 2025, coinciding with lithium carbonate prices rising to a near 24 month high.

2. Consolidated Lithium Metals (TSXV:CLM)

Year-to-date gain: 350 percent
Market cap: C$20.51 million
Share price: C$0.045

Consolidated Lithium Metals is focused on acquiring, developing and advancing lithium projects in Québec. Its properties — Vallée, Baillargé, Preissac-LaCorne and Duval — are located within the spodumene-rich La Corne Batholith area, near the restarted North American Lithium mine, a key area in Canada’s growing lithium sector.

Consolidated Lithium started the year with a C$300 million private placement earmarked for working capital and general corporate purposes.

In July, the company commenced a summer exploration program at the Preissac project, excavating a 100 by 30 meter trench in an area with a known lithium soil anomaly, uncovering an 18 meter wide pegmatite body at surface.

At the end of August, Consolidated Lithium signed a non-binding letter of intent with SOQUEM, a subsidiary of Investissement Québec, to acquire an option to earn up to an 80 percent interest in the Kwyjibo rare earths project.

The project is located roughly 125 kilometers northeast of Sept-Îles in Québec’s Côte-Nord region.

Under the deal, which was finalized in November, Consolidated Lithium will become operator of the project and can earn an initial 60 percent stake over five years through a combined C$23.15 million in cash payments, share issuances and project expenditures.

A significant portion of those funds will be invested in advancing Kwyjibo through stages including negotiating and finalizing an agreement with the Innu of Uashat mak Mani-Utenam, a metallurgical study and environmental permitting.

Upon completion, the partners will form a joint venture, and Consolidated will have the option to increase its interest to 80 percent by investing C$22 million over a further three years.

An uptick in lithium prices in October helped Consolidated shares rally to a year-to-date high of C$0.06 several times between October 22 and November 3.

3. Lithium South Development (TSXV:LIS)

Year-to-date gain: 330 percent
Market cap: C$48.76 million
Share price: C$0.43

Canada-based Lithium South Development currently owns 100 percent of the HMN lithium project in Argentina’s Salta and Catamarca provinces, situated in the heart of the lithium-rich Hombre Muerto Salar.

The project lies adjacent to South Korean company POSCO Holdings (NYSE:PKX,KRX:005490) billion-dollar lithium development to the east.

Exploration has defined a resource of 1.58 million metric tons of lithium carbonate equivalent (LCE) at an average grade of 736 milligrams per liter lithium, with the majority in the measured category. A preliminary economic assessment outlines the potential for a 15,600 metric ton per year lithium carbonate operation.

In January 2024, Lithium South and POSCO signed an agreement to jointly develop the HMN lithium project. Under the deal, the companies will share production 50/50 from the Norma Edith and Viamonte blocks in Salta and Catamarca, resolving overlapping claims.

As for 2025, in June Lithium South’s shares tripled to C$0.30 after it received positive news regarding its environmental impact assessment.

Lithium South shared a huge update in July that changed its trajectory; the company received a non-binding cash offer of US$62 million from POSCO to purchase its lithium portfolio, including the HMN project.

POSCO would acquire Lithium South’s wholly owned subsidiary NRG Metals Argentina, which holds the HMN project and all of Lithium South’s other concessions, namely the Sophia I–III and Hydra X–XI claims.

The 60 day due diligence period concluded in late September, and on November 12, Lithium South announced a share purchase agreement to sell its Argentinian lithium portfolio to POSCO Argentina for US$65 million.

Company shares climbed to C$0.44 the next day, while its highest close of the year, C$0.45, came on December 24.

Lithium South officially signed the deal on December 8, with its closing subject to several approvals. Following the transaction’s completion, Lithium South plans to de-list from the TSXV and begin dissolution proceedings.

In connection with the news, the company intends to buy back all common shares at a price of C$0.505.

Top US lithium stocks

1. Lithium Argentina (NYSE:LAR)

Year-to-date gain: 106.39 percent
Market cap: US$891.03 million
Share price: US$5.49

Lithium Argentina produces lithium carbonate from its Caucharí-Olaroz brine project in Argentina, developed with Ganfeng Lithium (OTC Pink:GNENF,HKEX:1772). The company was spun out from Lithium Americas in October 2023 and changed its name from Lithium Americas (Argentina) in January 2025.

In mid-April, Lithium Argentina executed a letter of intent with Ganfeng Lithium to jointly advance development across the Pozuelos-Pastos Grandes basins.

In August, Lithium Argentina agreed to form a new joint venture with Ganfeng Lithium that will combine the companies’ projects in the Pozuelos and Pastos Grandes basins of Salta, Argentina.

The joint venture will bring together Ganfeng’s wholly owned Pozuelos-Pastos Grandes (PPG) project and Lithium America’s Pastos Grandes and Sal de la Puna projects, in which Ganfeng currently holds a 15 percent and 35 percent stake respectively.

Once completed, Ganfeng will hold a 67 percent stake in the consolidated PPG project, and Lithium Argentina will hold a 33 percent interest.

In Q4, Lithium Argentina released a positive scoping study for the PPG project, confirming its scale and strong economics. The consolidated project hosts a measured and indicated resource of 15.1 million metric tons of lithium carbonate equivalent (LCE) and is designed for staged production of up to 150,000 metric tons per year over a 30 year mine life.

In the same announcement, the company confirmed receipt of an environmental approval for Stage 1 from the Secretariat of Mining and Energy of the Province of Salta.

Lithium Argentina released its Q3 results in November, noting approximately 8,300 metric tons of lithium carbonate production at its Caucharí-Olaroz operation during the quarter, with 24,000 metric tons produced between January and September.

Company shares rose to a year-to-date high of US$5.58 on December 31, in line with rising lithium carbonate prices.

2. Sociedad Química y Minera (NYSE:SQM)

Year-to-date gain: 87.39 percent
Market cap: US$19.66 billion
Share price: US$68.98

SQM is a major global lithium producer, with operations centered in Chile’s Salar de Atacama. The company extracts lithium from brine and produces lithium carbonate and hydroxide for use in batteries.

SQM is expanding production and holds interests in projects in Australia and China, including a 50/50 joint venture for the Mt Holland lithium operation in Western Australia. In July, the company produced its first battery-grade lithium hydroxide production at its Kwinana refinery in the state.

In late April, Chile’s competition watchdog approved the partnership agreement between SQM and state-owned copper giant Codelco aimed at boosting output at the Atacama salt flat. The deal, first announced in 2024, reached another milestone when it secured approval for an additional lithium quota from Chile’s nuclear energy regulator CChEN.

SQM ended the year finalizing the agreement. The partnership was formalized through SQM’s subsidiary SQM Salar absorbing Codelco’s Minera Tarar and being renamed Nova Andino Litio.

SQM reported a net income of US$404.4 million for the first nine months of 2025, rebounding from a US$524.5 million loss in the same period of 2024. Revenue totaled US$3.25 billion, down 5.9 percent year-over-year, while gross profit reached US$904.1 million.

The company’s third-quarter performance highlighted the turnaround, as SQM achieved record lithium sales volumes. It reported net income of US$178.4 million, up 36 percent from Q3 2024, and revenue of US$1.17 billion, up 8.9 percent. Gross profit for the quarter climbed 23 percent to US$345.8 million.

SQM attributed the rebound to higher realized lithium prices and improved operational efficiency, signaling a strong recovery trajectory for the remainder of 2025.

Shares of SQM reached a year-to-date high of US$71.63 on December 26.

3. Albemarle (NYSE:ALB)

Year-to-date gain: 64.29 percent
Market cap: US$16.71 billion
Share price: US$142.01

North Carolina-based Albemarle is dividing into two primary business units, one of which — the Albemarle Energy Storage unit — is focused wholly on the lithium-ion battery and energy transition markets. It includes the firm’s lithium carbonate, hydroxide and metal production.

Albemarle has a broad portfolio of lithium mines and facilities, with extraction in Chile, Australia and the US. Looking first at Chile, Albemarle produces lithium carbonate at its La Negra lithium conversion plants, which process brine from the Salar de Atacama, the country’s largest salt flat. Albemarle is aiming to implement direct lithium extraction technology at the salt flat to reduce water usage.

Albemarle’s Australian assets Wodgina hard-rock lithium mine in Western Australia, which is owned and operated by the 50/50 MARBL joint venture with Mineral Resources (ASX:MIN,OTC Pink:MALRF). Albemarle wholly owns the on-site Kemerton lithium hydroxide facility. The company’s other Australian joint venture is the Greenbushes hard-rock mine, in which it holds a 49 percent interest.

In late October, Albemarle signed an agreement to sell its 51 percent stake in its refining catalyst business, Ketjen, leaving it with 49 percent ownership, part of a broader portfolio reshaping that also includes the sale of Ketjen’s 50 percent stake in the Eurecat joint venture to partner Axens.

The combined deals are expected to generate approximately US$660 million in pre-tax cash proceeds and strengthen Albemarle’s financial flexibility. Both transactions are anticipated to close in the first half of 2026, subject to regulatory approvals.

In November, Albemarle reported third‑quarter results that reflected improved operations amid continued lithium market headwinds. The company logged net sales of roughly US$1.31 billion, a slight year‑over‑year decline driven by lower energy storage pricing.

Albemarle generated US$356 million in quarterly cash from operations, noting the company remained on track to reduce full‑year capital expenditures to around US$600 million while targeting positive free cash flow of US$300 million to US$400 million in 2025.

Shares of Albemarle marked a year-to-date high of US$150.01 on December 26, amid strengthening lithium prices.

Top Australian lithium stocks

1. Argosy Minerals (ASX:AGY)

Year-to-date gain: 310.71 percent
Market cap: AU$169.78 million
Share price: AU$0.115

Argosy Minerals is currently focused on advancing its Rincon lithium project in Salta Province, Argentina. The company also owns the Tonopah lithium project located in Nevada, US.

The Rincon project spans 2,794 hectares within the Lithium Triangle. Argosy currently holds a 77.5 percent interest in Rincon, with plans to increase to 90 percent through its earn-in agreement.

It entered production of battery-grade lithium carbonate in 2024 at Rincon’s 2,000 tonne per year demonstration facility, but has since suspended operations due to the low lithium price environment. The company continues to advance feasibility for its 12,000 tonne per year expansion.

The project currently holds a JORC total mineral resource estimate of 731,801 tonnes of lithium carbonate.

On June 27, the company announced a lithium carbonate spot sales contract with a Hong Kong-based chemical company for 60 tonnes of 99.5 percent lithium carbonate.

A few weeks later, Argosy announced that detailed engineering and feasibility works were underway to develop a 7 kilometre electric transmission line able to supply up to 40 megawatts of energy to Rincon.

In late October, Argosy released its Q3 results highlighting advanced development of its Rincon lithium project. The period saw progression in engineering and feasibility work towards its 12,000-tonne-per-year operation at Rincon being construction-ready.

During the 90 day session, the company also completed a AU$2 million placement to strengthen its balance sheet.

Argosy ended the period with cash reserves of about AU$4.6 million as of September 30, and said its development strategy continues to be supported by forecasted growth in global lithium demand.

In mid-November, Argosy signed another spot sales agreement, this time with China’s Chengdu Chemphys Chemical Industry for the sale of 16.1 tonnes of lithium carbonate produced at Rincon.

Shares of Argosy reached a 2025 high AU$0.125 on December 23, as lithium prices continued to trend higher.

2. European Lithium (ASX:EUR)

Year-to-date gain: 269.05 percent
Market cap: AU$274.7 million
Share price: AU$0.155

European Lithium is an Australia-based lithium exploration and development company. The company also holds several earlier-stage lithium exploration projects across Austria and a 100 percent interest in the Leinster lithium project in Ireland. European Lithium is also pursuing 20 year special permits for the extraction and production of lithium at the Shevchenkivske project and Dobra project in Ukraine.

In addition, European Lithium owns a significant equity stake in Critical Metals (NASDAQ:CRML), which it spun out in 2024 to operate the Wolfsberg lithium project in Austria.

Wolfsberg benefits from established road and rail infrastructure and is supported by a mining license and a broad package of exploration permits. Critical Metals has since acquired a stake in the Tanbreez rare earth project in Greenland, giving European Lithium exposure to both lithium and rare earth development in Europe.

The company sold portions of its holding in Critical Metals during 2025 to raise funds as Critical Metals’ share price rose.

In July, European Lithium raised a combined AU$5.2 million through the sale of 1 million shares, and in early October it raised a further AU$31.75 million by selling 3 million shares to a US institutional investor.

Shares of European Lithium rose to a year-to-date high of AU$0.465 on October 14. The rally coincided with European Lithium’s sale of 3.85 million Critical Metals shares in an off-market placement to a single US institutional investor at US$13 per share, raising about AU$76 million in net proceeds. Days later, it sold another 3.03 million for AU$76 million.

Following the last sale in October, the company still held 53 million shares of Critical Metals.

At the end of October, the company reported an active third quarter marked by portfolio funding, exploration progress and project development. Exploration advanced at European Lithium’s Irish lithium assets, and planning work was completed on the energy supply corridor for the Wolfsberg lithium project in Austria.

3. Global Lithium (ASX:GL1)

Year-to-date gain: 244.44 percent
Market cap: AU$167.51 million
Share price: AU$0.62

Global Lithium Resources is a lithium exploration company with multiple assets in Western Australia, including the 100 percent owned Manna lithium project in the Goldfields region and the Marble Bar lithium project in the Pilbara region.

Together, these projects host a combined indicated and inferred mineral resource of 69.6 million tonnes of ore at a grade of 1.0 percent lithium oxide, with Manna alone holding 19.4 million tonnes at 0.91 percent Li2O in ore reserves.

In an effort to focus on its core lithium projects, Global Lithium launched an initial public offering to spin out its Marble Bar gold assets into a separate company, MB Gold, in October. Global Lithium will retain the rights to the lithium tenements at Marble Bar.

The same month, Global Lithium released its Q3 results, highlighting advanced permitting and development work across its Western Australian portfolio.

Additionally, the company secured a Native Title Mining Agreement with the Kakarra Part B group and was granted a mining lease for its flagship Manna lithium project, while continuing definitive feasibility study (DFS) work aimed at improving project economics.

At Marble Bar, drilling results were released from a co-funded exploration program. Corporate activity included the sale of its investment in Kairos Minerals (ASX: KAI,OTC Pink:KAIFF) leaving Global Lithium with a cash position of AU$21 million at quarter end.

The DFS for the Manna project was completed in December, which Global Lithium said confirmed it as a long-life, economically robust development. The DFS outlines a post-tax net present value of AU$472 million and an internal rate of return of 25.7 percent, supported by competitive costs, a 14 year mine life and recently secured permitting milestones, positioning the project for a future investment decision.

Global Lithium ended the year by signing a non-binding memorandum of understanding with the Southern Ports Authority to assess export options for spodumene concentrate from the Manna lithium project. The agreement focuses on the potential shipment of up to 240,000 tonnes per year through the Port of Esperance.

Global Lithium shares reached a 2025 high of AU$0.69 on December 28.

FAQs for investing in lithium

How much lithium is on Earth?

While we don’t know how much total lithium is on Earth, the US Geological Survey estimates that global reserves of lithium stand at 22 billion metric tons. Of that, 9.2 billion MT are located in Chile, and 5.7 billion MT are in Australia.

Where is lithium mined?

Lithium is mined throughout the world, but the two countries that produce the most are Australia and Chile. Australia’s lithium comes from primarily hard-rock deposits, while Chile’s comes from lithium brines. Chile is part of the Lithium Triangle alongside Argentina and Bolivia, although those two countries have a lower annual output.

Rounding out the top five lithium-producing countries behind Australia and Chile are China, Argentina and Brazil.

What is lithium used for?

Lithium has many uses, including the lithium-ion batteries that power electric vehicles, smartphones and other tech, as well as pharmaceuticals, ceramics, grease, lubricants and heat-resistant glass. Still, it is largely the electric vehicle industry that is boosting demand.

How to invest in lithium?

Those looking to get into the lithium market have many options when it comes to how to invest in lithium.

Lithium stocks like those mentioned above could be a good option for investors interested in the space. If you’re looking to diversify instead of focusing on one stock, there is the Global X Lithium & Battery Tech ETF (NYSE:LIT), an exchange-traded fund (ETF) focused on the metal. Experienced investors can also look at lithium futures.

Unlike many commodities, investors cannot physically hold lithium due to its dangerous properties.

How to buy lithium stocks?

Through the use of a broker or an investing service such as an app, investors can purchase lithium stocks and ETFs that match their investing outlook.

Before buying a lithium stock, potential investors should take time to research the companies they’re considering; they should also decide how many shares will be purchased, and what price they are willing to pay. With many options on the market, it’s critical to complete due diligence before making any investment decisions.

It’s also important for investors to keep their goals in mind when choosing their investing method. There are many factors to consider when choosing a broker, as well as when looking at investing apps — a few of these include the broker or app’s reputation, their fee structure and investment style.

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



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(TheNewswire)

 

VANCOUVER, January 9, 2026 TheNewswire – Providence Gold Mines Inc. (TSX-V: PHD) (‘Providence’ or the ‘Company’) The Company wishes that all our shareholders have had a wonderful Holiday Season and prosperity for the New Year.

With the holiday season ending, the Company is pleased to announce that during the holidays significant road work was completed to repair the La Dama de Oro  property access road. The damage occurred during the recent flooding reported in southern California.

In addition to the financing announcement reported on December 11,2025, the Company, subject to regulatory approval, announces an increase of the Private Placement to $150,000 and a 30-day extension.

Use of proceeds:

Proceeds from the private placement will be used for general administration and for sampling activities to assess mineralization potential at the La Dama de Oro project. The Company intends to proceed immediately with work related to the permitted 1,000-ton bulk sample.

     Private Placement

The Private Placement is for of up to 3,000,000 units at a price of $0.05 per unit, for gross proceeds of up to $150,000. Each unit will consist of:

  • one common share; and
     

  • one full, non-transferable warrant exercisable at $0.05 for a period of two years from the date of issue. 

 

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

 

    Ronald A. Coombes, President & CEO

    Phone: 604 724 2369

    roombesresources@gmail.com.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

Copyright (c) 2026 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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The gold price started off the new year on a strong note, approaching the US$4,500 per ounce level midway through the week and breaking through it on Friday (January 9).

As is often the case, silver put on a bumpier performance, trading within about a US$10 range. It recorded lows under US$73 per ounce and highs above US$82.

Beyond day-to-day price moves, there’s a lot of focus right now on how gold and silver will perform in 2026, and I want to spend some time looking at what experts see coming.

When it comes to gold I’m now seeing US$5,000 mentioned frequently, with multiple market watchers calling for it to reach that level as soon as the first quarter.

The consensus is that all of gold’s drivers either remain in place or are intensifying, including strong central bank buying, geopolitical tensions and easy money policies.

Here’s Alain Corbani of Montbleu Finance explaining why US$5,000 gold makes sense:

‘Between the end of the quantitative tightening and the end of the quantitative easing, usually gold doubles or triples, which means that in a perfect world, gold could go … from US$4,000 to US$6,000 — this is basically the bull figure. So that’s why, when we say US$5,000, that’s only 10 percent more than what we are trading at today.’

Silver is trickier to predict. The white metal is known for being volatile, and its strong end-of-2025 performance means that some experts’ 2026 price calls were reached before last year even ended.

So where does silver stand as the year begins?

I heard this week from David Morgan of the Morgan Report, who didn’t give a specific forecast, but said he believes silver is currently in ‘price discovery’ mode:

‘I’ve stated that we’re still in the price discovery mode — I truly believe that. What the true price of silver is in US dollars, Canadian dollars, I do not know. I think it’s north of $100 in US dollar terms, but it could be much higher than that.

I also spoke about silver with Doug Casey of InternationalMan.com. He said US$100 or even US$200 silver is possible, but for him the metal itself isn’t a speculative tool:

‘Is silver at a new high where it’s going to stay there? Yeah, very possibly — not a prediction. But I’m not selling my silver. I mean, why should I sell it? I’m holding it as an asset, not as a speculative device. So is it going to US$100 or US$200? It’s possible. I don’t really care, because … I don’t use either my silver or my gold as speculative vehicles. That’s not what they’re about to me.’

Andy Schectman of Miles Franklin made a similar statement, saying that while he’s certainly bullish on silver, 2025 showed how unpredictable it can be:

‘Rather than pick a price, I say we live in a world of probabilities. The probability that we see silver well north of US$100 to me is rather strong. Could it be as high as US$200 or higher? Sure. But to say that would be a guess, and an optimistic guess.

‘But look, if I would have told you last year that we would see silver at US$80, you’d say, ‘You know, well, that’s a pretty big statement, Andy.’ Yeah, sure it is. A 150 percent gain in a year is pretty big. So rather than continue with that, I would just simply say: higher than most people would actually probably think possible.’

Bullet briefing — Rio Tinto, Glencore reopen M&A talks

Commodities giants Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) and Glencore (LSE:GLEN,OTCPL:GLCNF) say they have restarted talks about potentially combining forces.

The two major miners spoke previously back in 2024, but failed to reach an agreement. This time around, they say their preliminary discussions are centered on merging some or all of their businesses, and could include the acquisition of Glencore by Rio Tinto.

The news was first reported by the Financial Times, with both companies confirming the story in press releases shortly thereafter. According to the news outlet, the combination would create a massive mining company with an enterprise value of over US$260 billion.

Both companies have said there’s no guarantee that any transaction will go through. However, it’s worth noting that Rio Tinto has changed leadership since the 2024 talks ended, with Simon Trott now at the helm. For its part, Glencore has reorganized its coal assets.

The Thursday (January 8) Financial Times piece also notes that Gary Nagle, chief executive at Glencore, spoke last month about the importance of size in the mining industry, saying that bigger companies are better able to create synergies, as well as attract talent and capital.

Regulations require Rio Tinto to announce its intentions either way by February 5 of this year.

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

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The Fiesta Bowl matchup between No. 6 Mississippi and No. 10 Miami turned into an instant classic, with the Hurricanes coming from behind to win 31-27 and advance to the College Football Playoff championship game.

Of course, it wouldn’t be a true CFP game without at least a little controversy — and the Hurricanes and Rebels delivered on the game’s final play.

After giving up a 3-yard go-ahead touchdown to Carson Beck with 18 seconds left, Ole Miss advanced to the Miami 35-yard line as Trinidad Chambliss completed passes of 23 and 17 yards, respectively, to set up one final shot at the end zone. Ultimately, his pass to De’Zhaun Stribling fell incomplete, with Miami defensive back Ethan O’Connor in defense.

However, Chambliss and the Ole Miss sideline were quick to call for a flag in the immediate aftermath of the incompletion, believing O’Connor had committed pass interference, which — had officials thrown a flag — would have set up another shot at the end zone, this time from the 20-yard line. Officials swallowed their whistles, ending the game.

Here’s a look at the play:

Here’s another vantage of the play, which shows O’Connor grabbing onto Stribling’s jersey as they both ran to the back of the end zone. O’Connor also appears to impede Stribling’s chances at making a play on the ball.

Ultimately, officials elected not to call pass interference, and Ole Miss fans and neutral observers alike weren’t happy officials did not call what they believed to be a game-changing penalty:

Did Miami commit pass interference? Social media reacts

This post appeared first on USA TODAY

  • Figure skater Maxim Naumov honored his late parents with his short program at the U.S. championships.
  • Naumov’s parents, both former Olympic skaters, were killed in a plane crash in January 2025.
  • He held a photo of his parents while awaiting his score, which temporarily put him in first place.
  • Naumov finished the short program in fourth place and is a contender for a spot on the 2026 U.S. Olympic team.

ST. LOUIS — Maxim Naumov wasn’t going to find out his score alone.

As the 24-year-old figure skater awaited the results of his short program at the U.S. championships on Thursday, he pulled out a photo. It was a picture of him, about 3 years old, holding hands with his mom and dad. It was the first time on the ice with white skates.

Naumov’s parents, Russian Olympic pair skaters Vadim Naumov and Evgenia Shishkova, were two of the 67 people killed in the January 2025 plane crash near Ronald Reagan Washington National Airport in Arlington, Virginia, that devastated the figure skating community. Vadim and Evgenia were two of the 28 coaches, young skaters and parents who were returning from a development camp in Wichita, Kansas, held in conjunction with last year’s 2025 U.S. nationals.

Naumov gave the photo a kiss. All he could think about were their smiles and what they would say to him.

The score was revealed. An 85.72. It put Naumov in first place for the moment. He burst into tears, holding that photo to his face as the crowd erupted in ovation.

It was his parents who got him on the ice, and in one of the biggest moments of his career, they were there to hold him one more time. 

“This program is very meaningful to me, and I spent so much time in practice connecting with it and evolving it and developing it to be as good as I can possibly make it,” Naumov told USA TODAY Sports. “To go out there and really share that emotion with everybody has been unreal.”

It’s been an emotional 12 months for Naumov. He didn’t know if he was going to continue competing after he lost his parents. But he decided to return to the ice, and it led to the beautiful moment inside Enterprise Center.

Anticipation had been building. The crowd gave him one of the loudest cheers of the night when he was announced for the warmups, and it only got louder when it was his time to take the ice. He told the NBC broadcast his family has a mantra: We have to fight. He was repeating it in his head as he walked the hallway before his performance.

He admitted it wasn’t a perfect skate, adding his dad probably would’ve told him to be “a little bit more confident.” However, he landed his jumps and avoided any major tumbles. He conveyed the emotions of the skate, the crowd taking the journey alongside him.

“I felt like I learned something new about myself every single competition that I did. Something new to work on after each one, something to focus on, something to drill in training, all leading up to this exact thing right here,” Naumov said. “It wasn’t perfect, but we still did so many of the things that we worked on, and I continue to do so.”

When he finished and he sat on the ice, the audience gave him a standing ovation. He soaked up all of it as he looked around the arena to see all the people applauding him.

“Sharing the vulnerability with the audience and me feeling their energy back has been something I remember for the rest of my life,” he said.

By the end of everyone’s short program, Naumov was in fourth place, less than three points behind third-place Jason Brown. He finished fourth at each of the last three nationals, but there is a chance for him to finish this year on the podium – and possibly achieve more by the end of the weekend.

Naumov is in the conversation to claim one of the three men’s spots the U.S. has for the 2026 Winter Olympics. Ilia Malinin is a shoe-in and Jason Brown will likely get the second selection, but the third spot is completely up for grabs. It could go to Naumov, Tomoki Hiwatashi, Andrew Torgashev or another skater.

Naumov has his eyes set on achieving “the ultimate goal” of his first Winter Olympics. He said one of the last conversations he had with his parents was about making it to Milano Cortina.

If he does get the nod, it won’t just be a major accomplishment, but also one of the biggest stories at the Games. But if he doesn’t, he has shown he is one of the most resilient skaters in the world, becoming someone you can’t help but root for.

“Even at a time like this, having the opportunity to be here again was just another example of how capable I am in really difficult times,” Naumov said. 

And he’s done it with mom and dad by his side.

Get our Chasing Gold Olympics newsletter in your inbox for coverage of your favorite Team USA athletes

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But Beck and the Hurricanes decided they weren’t done, and the sixth-year senior delivered. Beck capped off a 15-play, 75-yard drive ending in a 3-yard touchdown run with 18 seconds left after making huge throws to set up the scramble.

The Georgia transfer completed 23-of-37 passes for 268 yards with two touchdowns to an interception, also rushing for a score. Beck never started in a CFP game at Georgia but is now leading the Hurricanes into the national championship game.

Now, Miami gets to return home, with the Jan. 19 national title game being held at Hard Rock Stadium in Miami Gardens, Florida. It has been a storybook run for the Hurricanes, who have gone from CFP bubble team to the national championship, where it’ll face the winner of Indiana and Oregon.

Here are the highlights from Miami’s 31-27 win over Ole Miss in the Fiesta Bowl.

Fiesta Bowl: Ole Miss vs Miami score

Fiesta Bowl: Ole Miss vs Miami highlights

This section will be updated.

Miami heading to national championship

Chambliss’ throw for the end zone is too long, and Miami comes back to win 31-27. The Hurricanes make a statement and are heading to the national championship game despite barely reaching the CFP.

Ole Miss not done yet

Chambliss hits on gains of 23 and 17 yards to put Ole Miss on Miami’s 35-yard line with five seconds left. The Rebels going to have a shot at the end zone here.

Miami goes on top

Carson Beck takes it himself for a 3-yard touchdown scramble to give Miami a 31-27 lead with 18 seconds left. What a drive for Beck, who leads the Hurricanes on a 15-play, 75-yard scoring drive where he made numerous big throws.

The sixth-year senior quarterback has delivered tonight.

Ole Miss takes lead

Ole Miss and Miami keep trading punches, and the Rebels deliver the latest jab. Trinidad Chambliss finds Dae’Quan Wright for a 24-yard touchdown, then hits Caleb Odom for the 2-point conversion.

The Rebels lead 27-24 with 3:13 left in the fourth quarter after the huge drive by Chambliss.

Miami responds

Carson Beck fires a quick pass to Malachi Toney, who does the rest as he runs 36 yards for the touchdown to give Miami a 24-19 lead with 5:04 remaining in the fourth quarter. It’s a huge response for the Hurricanes, who need only four plays and 1:56 of game clock on the scoring drive.

Ole Miss has to go find the end zone now.

Ole Miss takes lead

Miami holds Ole Miss out of the end zone, although the Rebels take a 19-17 lead on a 21-yard field goal by Lucas Carneiro. Ole Miss caps off its 13-play, 86-yard drive inside Miami’s 5-yard line without a touchdown.

Xavier Lucas disqualified for targeting

Xavier Lucas is called for targeting on Cayden Lee on a third-and-9 catch for a first down. The play results in a 15-yard penalty and Lucas being disqualified for the remainder of the game and likely the first half of the national championship game, should Miami win.

Kewan Lacy re-enters

Kewan Lacy takes his first carry of the second half. He’s now wearing a sleeve on his right leg as he battles a hamstring injury.

Ole Miss forces punt after back-to-back sacks

Ole Miss gets to Carson Beck on second and third down sacks by Suntarine Perkins and Will Echoles, respectively. The Rebels are up to four sacks on the night and have a chance to take the lead with 12:19 left in the fourth quarter.

This one is shaping up to have a fun finish.

Ole Miss makes field goal

Lucas Carneiro hits the upright again, however this time it doinks in for a 54-yard field goal make. Ole Miss trails 17-16 with 22 seconds left in the third quarter.

Carneiro is 3-of-4 on field goal attempts tonight.

Ole Miss intercepts Carson Beck

Ole Miss gets a huge turnover, as Carson Beck’s pass is tipped into the air at the line of scrimmage and intercepted by Kapena Gushiken in the red zone.

The Rebels take over at their own 24-yard line after the huge play, which keeps Miami from potentially taking a two-score lead late in the third quarter. Ole Miss still trails 17-13.

Ole Miss misses field goal

Multiple Miami defenders bobble a would-be interception on third-and-10, but it doesn’t matter as Lucas Carneiro misses a 51-yard field goal off the left upright. The miss is Carneiro’s first of his eight field goal attempts in the College Football Playoff.

Miami misses field goal

Carter Davis misses a 51-yard field goal to end the opening drive of the second half. Miami was set behind the chains on an intentional grounding penalty from Carson Beck, which came after Ole Miss dialed up some pressure.

Kewan Lacy injury update

Ole Miss star running back Kewan Lacy is dealing with a hamstring injury, and coach Pete Golding told ESPN’s Holly Rowe at halftime that the team would go over his issue in the locker room. Losing Lacy, who led the SEC in rushing touchdowns this season, would be a huge blow for the Rebels.

Lacy appeared to suffer the injury on his touchdown run in the second quarter and hasn’t appeared since.

Read more on Lacy’s status here.

Lucas Carneiro hits deep field goal

Wow, Lucas Carneiro sinks a 58-yard field goal to reduce Ole Miss deficit to 17-13 with 11 seconds before halftime. That kick would’ve been good from much deeper than 58 yards, as it had plenty of distance.

Ole Miss punts

Ole Miss hasn’t found much success offensively outside of Kewan Lacy’s long touchdown run. The Rebels have gained 43 yards on 17 plays outside of the 73-yard touchdown early in the second quarter.

Trinidad Chambliss is 6-of-8 passing for 42 yards.

Miami scores again

Keelan Marion is wide open downfield, and Carson Beck hits him easily for a 52-yard touchdown. Looks like a busted coverage by Ole Miss.

Beck is off to a fabulous start, as he has completed 14-of-18 passes for 156 yards with a touchdown. His yardage is already more than he had against Texas A&M and Ohio State in Miami’s other CFP wins.

Ole Miss ties it

Lucas Carneiro, the hero of Ole Miss’ win over Georgia in the Sugar Bowl, hits from 42 yards out to even the score at 10-10 with 4:38 left before halftime.

Miami might have been bailed out there, as it avoids being flagged for a late hit on Chambliss on third-and-7 from the 24-yard line.

Miami responds with long scoring drive

Miami responds with a huge drive ending in a 4-yard touchdown run by CharMar Brown to regain the lead. The Hurricanes take a whopping 7:41 of game clock after the 15-play, 75-yard drive.

Miami’s blueprint of long, grinding drives in the CFP continues to work.

Ole Miss strikes

All it takes is one play for this Ole Miss offense. Kewan Lacy houses a handoff after outrunning Miami for a 73-yard touchdown. The Rebels lead 7-3 after the first play of the second quarter, gaining its first first down of the game in the process.

Miami punts

A holding penalty and a false start on third-and-9 result in Miami punting on its second possession. Ole Miss takes over on its own 20-yard line and can likely run a play before the first quarter ends.

Miami forces another three-and-out

This Miami defensive just keeps getting pressure, as it has all postseason. The Hurricanes force another three-and-out and are living in the backfield so far, making things quite uncomfortable for Chambliss.

Miami takes 3-0 lead

Miami caps off a 13-play, 44-yard drive with a 38-yard field goal to take a 3-0 lead in the first quarter. The Hurricanes’ drive burns 6:59 of clock as Beck attempts four passes.

Ole Miss goes three-and-out

Miami picks up right where it left off defensively, forcing Ole Miss to a three-and-out. The Hurricanes take over with good field position on their own 45-yard line.

Ole Miss starts on offense

The first of two CFP semifinal games is underway. Ole Miss starts with possession in the Fiesta Bowl, and here comes Trinidad Chambliss.

Nick Saban assistants in CFP

All four remaining head coaches in the CFP are former assistants under Nick Saban at Alabama, including Ole Miss’ Pete Golding and Miami’s Mario Cristobal. ESPN’s ‘College GameDay’ asked each coach what they learned from Saban:

Will Trinidad Chambliss play next season?

Chambliss is currently awaiting a decision from the NCAA for a retroactive redshirt for the 2022 season, which would allow him to play the 2026 season.

The fifth-year senior spent four seasons at Ferris State, although he redshirted as a true freshman in 2021 before sitting out in 2022 as he battled health issues. He has already agreed to return to Ole Miss for next season, should he receive the eligibility waiver.

Mark Fletcher stats

Miami running back Mark Fletcher has been the Hurricanes’ best offensive player in the CFP so far. Here’s a look at how he performed in Miami’s two CFP wins, along with his season stats.

  • vs. Ohio State: 19 carries for 90 yards with two receptions for 25 yards and a touchdown
  • at Texas A&M: 17 carries for 172 yards
  • 2025-26 stats: 177 carries for 943 yards with 10 touchdowns; 16 receptions for 132 yards with two touchdowns

Where is Miami vs Ole Miss game today?

  • Location: State Farm Stadium (Glendale, Arizona)

Miami and Ole Miss will face in the Fiesta Bowl at State Farm Stadium in Glendale, Arizona, where the NFL’s Arizona Cardinals play their home games.

What TV channel is Miami vs Ole Miss on today?

  • TV: ESPN
  • Streaming: ESPN app | Fubo (free trial)

The CFP Fiesta Bowl semifinal between Miami and Ole Miss will air nationally on ESPN, with Chris Fowler (play-by-play) and Kirk Herbstreit (analyst) calling the game and Holly Rowe serving as the sideline reporter.

Streaming options for the game include the ESPN app (with a cable login) and Fubo, the latter of which offers a free trial to potential subscribers.

Miami vs Ole Miss time today

  • Date: Thursday, Jan. 8
  • Time: 7:30 p.m. ET
  • Location: State Farm Stadium (Glendale, Arizona)

Miami and Ole Miss are scheduled to kick off at 7:30 p.m. ET from State Farm Stadium in Glendale, Arizona.

Miami vs Ole Miss predictions, picks, odds

Odds courtesy of BetMGM as of Sunday, Jan. 4

  • Spread: Miami (-3.5)
  • Over/under: 51.5
  • Moneyline: Miami (-180) | Ole Miss (+150)

Prediction: Ole Miss 27, Miami 20

The magical run for Ole Miss continues, while the clock strikes midnight for Cristobal and Miami’s run. While the Hurricanes’ defense has carried them, Chambliss presents a different challenge and continues to make heroic plays to help the Rebels advance to the championship game. — Ehsan Kassim, USA TODAY.

Here’s who experts within the USA TODAY Sports Network picked to win the Fiesta Bowl:

  • Ole Miss 31, Miami 24: The Hurricanes’ pass rush put Julian Sayin in a blender in the Cotton Bowl. Trinidad Chambliss’ mobility and whirling dervish style should give the Rebels’ offense a chance the Buckeyes never had. On the other side of the ball, I trust Pete Golding to scheme up a defense that forces Carson Beck to win the game. Beck hasn’t thrown for more than 150 yards in either of Miami’s CFP wins, while the Rebels have proven you’ll need to score more than 24 points to beat them – heck, you may have to score 40. — Matt Glenesk, USA TODAY
  • Ole Miss 23, Miami 7: Miami has come out and exceeded all expectations, and that should be recognized. Beating Texas A&M and Ohio State in back-to-back weeks is huge for a program that backed into the CFP at the last moment. But Pete Golding proved his mettle as a coach going toe-to-toe against an SEC behemoth in Georgia, and he should find a way to make Carson Beck’s life difficult. Combine that with how difficult it is to contain Trinidad Chambliss, despite the utterly elite pass rushers Miami has, and it’s a tough matchup for Miami. To its credit, the past two have been tough as well. But the buck stops in Glendale. — Kevin Skiver, USA TODAY
  • Miami 27, Ole Miss 23: At some point —and this may just be stubbornly holding on to a week-old opinion — the inherent instability and awkwardness of the Rebels’ situation is going to be a factor, though it obviously hasn’t through two games in the playoff. Trinidad Chambliss is mesmerizing, but he hasn’t faced a pass rush quite as ferocious as Miami’s, and the Hurricanes’ offense will do just enough to keep their run going all the way to the title game. The prospect of a turnover-filled dud for Carson Beck only makes me so confident in this pick, though. — Craig Meyer, USA TODAY
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Thursday night’s Miami Heat-Chicago Bulls game has been postponed ‘due to moisture on the floor rendering the court unplayable,’ the NBA said in a statement.

The announcement that the game at Chicago’s United Center was off came nearly two hours after the contest was supposed to tip off.

Per the NBA, ‘the date for the rescheduled game will be announced at a later time.’

The Jan. 8 game was scheduled to start a little after 8 p.m. ET (7 p.m. local). CHSN’s K.C. Johnson had reported at 8:49 p.m. ET that players had returned to the locker room and at 9:46 p.m. ET, Johnson reported that players had come back out to ‘mingle/talk and now are headed back to locker room.’

The Bulls said tickets for Thursday’s game ‘will be valid for the rescheduled game.’

‘We apologize for any inconvenience,’ the Bulls said.

Johnson reported the decision to postpone ‘was reached by the NBA in consultation with the officiating crew and both head coaches.’

‘We always want to try to go. But players were complaining about it on both sides,’ Heat coach Erik Spoelstra said, per Johnson. ‘Staff went out there and pretty much immediately we felt that it wasn’t playable.’

This story has been updated with new information.

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