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Bowl projections: Alabama rejoins playoff field as Texas, SMU move up

Sometimes the penultimate weekend of the college football season can make the playoff picture clearer. There are just a handful of championship games left and a finite amount of results combinations can make things easier to predict.

That’s not the case this year, even with the expanded 12-team field in place for the first time. There are at-large candidates with their regular season over and how the committee will sort them is anybody’s guess. There’s five conferences vying for first-round byes and the championship games will sort out those races. And how the seeding among all these teams are impacted by the games this weekend is unclear.

Does a second loss by Penn State and third by Georgia send them behind teams that do not play next week? Or would a good outing against the respective No. 1 (Oregon) and No. 2 (Texas) teams actually improve their seeding stock?

UP AND DOWN: Winners and losers from Week 14 in college football

That’s for next week. So what changed this week in the projected CFP field? Texas replaces Georgia as the SEC champion. SMU is now the ACC representative after Miami’s loss knocked the Hurricanes out of the field. Off its defeat of Southern California, Notre Dame improves its seeding and will now host a first-round game. And the SEC gets its fourth team in field with three-loss Alabama edging South Carolina on the basis of the head-to-head result between the schools.

As for the entire postseason picture, there are 82 teams that finished bowl-eligible, which means all the bowl games will be filled with teams with six wins. Funny how that all works out.

Notes: Not all conferences will fulfill their bowl allotment. An asterisk represents a replacement pick. Legacy Pac-12 schools in other conferences will fulfill existing Pac-12 bowl agreements through the 2025 season.

College football bowl projections

This post appeared first on USA TODAY

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Oklahoma’s offensive coordinator hire follows Lincoln Riley blueprint

Oklahoma hired an extraordinarily young offensive coordinator from West Texas. 

Again. 

Ten years ago, it was Lincoln Riley On Monday, the school announced the addition of Ben Arbuckle, who served in the same role at Washington State.

Riley, 31 when hired, replaced former Oklahoma national championship quarterback Josh Heupel. Arbuckle, 29, is replacing one of Heupel’s teammates from that 2000 team, former Sooner fullback Seth Littrell, who was fired midseason. 

Without rehashing how things ended with Riley, we can all agree that he was a superb offensive coordinator for the Sooners. Who knows if Oklahoma coach Brent Venables’ choice of Arbuckle will be the home run that Riley was for Bob Stoops, but the similarities from a biographical standpoint are striking. 

BOWL PROJECTIONS: Alabama back into the playoff as Texas, SMU rise

RE-RANK: Texas moves up, Ohio State tumbles in NCAA 1-134 ranking

Arbuckle grew up in Canadian, Texas — 200 miles northeast of Riley’s hometown of Muleshoe. Amarillo is smack dab in between. Arbuckle played college football at West Texas A&M in Canyon, just south of Amarillo. Further down I-27 is Lubbock, where Riley went to Texas Tech. 

At Canadian High School, Arbuckle was teammates with former Sooners backup quarterback Tanner Schafer, a favorite of Riley’s in the quarterback room. 

Arbuckle’s first college coaching job was as a quality control assistant under Zach Kittley at Houston Baptist. Arbuckle followed Kittley to Western Kentucky. 

Kittley got his coaching start at Texas Tech, learning under Kliff Kingsbury and Sonny Cumbie, a couple of Mike Leach’s quarterbacks. Kingsbury and Cumbie are contemporaries of Riley — all branches of Leach’s coaching tree. Just as Riley was mentored by Leach, Arbuckle was a protege of Kingsbury’s. 

Arbuckle, coincidentally, spent the last two seasons as offensive coordinator at Washington State, where the late Leach coached from 2012-19. As Oklahoma’s offensive coordinator, Arbuckle is in the same role Leach held in 1999. 

Under Arbuckle’s direction, Washington State ranked 14th this season in yards per play (6.65). Oklahoma’s offense ranked 126th (4.78). Washington State averaged 36.8 points per game compared to 24.3 for the Sooners. 

No telling how Arbuckle’s offense will fare in the SEC, but Venables’ future as Oklahoma’s head coach will hinge in large part on his hiring of Arbuckle. 

If Arbuckle is anything like the last whiz kid the Sooners hired from West Texas, their offense is about to take off.

This post appeared first on USA TODAY

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Christian McCaffrey injury update: 49ers RB placed on IR

The San Francisco 49ers running back injured the PCL in his knee, an MRI confirmed Monday. San Francisco plans to place McCaffrey on injured reserve. He is expected to miss six weeks.

Head coach Kyle Shanahan announced the news during his Monday press conference.

‘It’s about a six-week recovery, so he’s gonna be going on IR,’ Shanahan said.

The 49ers feared that McCaffrey injured his PCL during Sunday night’s 35-10 loss to the Buffalo Bills.

NFL STATS CENTRAL: The latest NFL scores, schedules, odds, stats and more.

It’s believed McCaffrey sustained the injury during an 18-yard run in the second quarter. McCaffrey broke free and was tackled around his feet by Bills safety Taylor Rapp. Three plays later, McCaffrey retrieved a toss from 49ers QB Brock Purdy and immediately fell to the ground in obvious discomfort. After the play was whistled dead, the 49ers running back hobbled to the sideline and into the team’s blue medical tent with 11:23 on the clock in the second quarter.

McCaffrey was examined in the blue medical tent and taken into the locker room shortly afterward.

The 49ers announced that McCaffrey was questionable to return midway through the second quarter and then ruled him out at the start of the second half.

McCaffrey has had an injury-riddled 2024 season.

The 49ers star running back was placed on injured reserve to begin the season and missed the team’s first eight games due to calf and Achilles injuries.

McCaffrey produced 202 rushing yards and 146 receiving yards in four games this year.

The defending NFC champion 49ers have been plagued by injuries in 2024. Wide receiver Brandon Aiyuk (knee) and defensive lineman Javon Hargrave (triceps) are two of 10 players currently on injured reserve. The 49ers were also without offensive tackle Trent Williams (ankle) and defensive end Nick Bosa (hip, oblique) for the past two games.

Backup running back Jordan Mason, who shined in McCaffrey’s absence, is also being placed on injured reserve due to an ankle injury he suffered in the loss against the Bills.

The 49ers’ top three running backs are sidelined. McCaffrey and Mason are set to join running back Elijah Mitchell (hamstring), who is already on IR.

Running back Isaac Guerendo is next up on the depth chart for San Francisco.

This post appeared first on USA TODAY

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Accelerated Non-Renounceable Entitlement Offer Results

Blackstone Minerals Limited (ASX: BSX) (“Blackstone” or the “Company”) advises that the Company has completed its Accelerated Non-Renounceable Entitlement Offer as per the terms of the Prospectus dated 4 November 2024 (“Entitlement Offer”). As announced on 6 November 2024, the institutional component of the Entitlement Offer was completed raising approximately $550k from Nanjia Capital Limited and its controlled entities.

Under the Entitlement Offer, eligible shareholders were invited to subscribe for one (1) New Share for every four (4) existing Shares held at an offer price of $0.03 per share.

The Company has now closed the retail component of the Entitlement Offer with applications totalling 2,767,788 shares including additional acceptances to be issued at $0.03 on top of the 18,650,023 shares issued under the institutional component of the Entitlement Offer on 15 November 2024. In accordance with the timetable, the New Shares will be issued on or before 4 December 2024.

The retail component of the Entitlement Offer is partially underwritten by Nanjia Capital Limited “(Nanjia”) for the amount of approximately $1.09m. Accordingly, Nanjia will now subscribe for 36,349,900 New Shares in accordance with the underwriting arrangements summarised in section 7.4(b) of the Prospectus and the Company expects to finalise this process within the next week.

Shortfall Share Placement

A total of 74,946,591 New Shares were not taken up under the Entitlement Offer by eligible securityholders or issued to Nanjia as underwriter (“Shortfall Shares’”) The directors will work with the lead manager to the Entitlement Offer and the major shareholders to place the shortfall within three (3) months of the closing date, subject to requirements of the ASX Listing Rules and Corporations Act 20021 (Cth) continuing to be met. Please refer to the Prospectus dated 4 November 2024 for further details on the issue of the shortfall.

Click here for the full ASX Release

This post appeared first on investingnews.com

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Metals Exploration Eyes Condor Gold, Calibre Mining Denies Interest

Metals Exploration (LSE:MTL) has confirmed its intent to explore the acquisition of Condor Gold (LSE:CNR,TSX:COG,OTC Pink:CNDGF), offering a blend of shares, cash and contingent value rights (CVRs).

Meanwhile, Calibre Mining (TSX:CXB,OTCQX:CXBMF) has clarified that it is not pursuing any deal with Condor, distancing itself from earlier reports of interest in Condor’s La India gold project.

Metals Exploration announced its proposal on Monday (December 2), saying that it values Condor’s existing share capital at approximately 67.5 million pounds (US$85.4 million).

The CVRs would give Condor shareholders access to a share of potential future revenues from additional gold resources discovered at Condor’s projects, capped at 1.6 million ounces over five years.

If fully realized, the CVRs could add 22.6 million pounds to the total consideration.

Galloway, owned by Jim Mellon, non-executive chair of Condor, has pledged to support the proposed acquisition. This support includes Galloway’s 24.7 percent stake in Condor and additional shares through warrant exercises.

Prior to Metals Exploration and Calibre’s clarifying press releases, Condor said on Sunday (December 1) that it had received non-binding offers from both Metals Exploration and Calibre.

As mentioned, Calibre has denied any active interest in acquiring Condor or its La India project.

In its own Sunday statement, the Canadian mid-tier gold producer acknowledged past discussions with Condor regarding La India, but emphasized that no current talks or offers are in place.

“At this time, unless Condor is willing to reengage in meaningful discussions, Calibre does not envision completing an acquisition,” said the company, which operates a hub-and-spoke system in Nicaragua, where La India is located.

La India has been on the market for over two years, with Condor engaging in sale discussions with various parties.

In September, Condor said it was in discussions for an asset-only sale of the project. The announcement highlighted that the sale process aimed to unlock value for shareholders by seeking buyers capable of advancing La India.

At the time, Condor emphasized the project’s potential, underpinned by a feasibility study confirming robust economics and a resource base of over 1.1 million ounces of gold.

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

This post appeared first on investingnews.com

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Red Metal Resources Acquires 100% Interest in Three Hydrogen-Prospective Mineral Claims Packages in Ontario

Red Metal Resources Ltd. (CSE: RMES) (OTC Pink: RMESF) (FSE: I660) is pleased to announce that it has executed a Definitive Agreement (the ‘Agreement’) with an arm’s length vendor to acquire a 100% interest in three separate mineral claims packages, highly prospective for Hydrogen located in the Larder Lake Mining District of Ontario, along the Quebec border near the town of Ville-Marie, QC.

These claim blocks consist of three separate packages, covering 149 mineral claims and totaling approximately 3,246 hectares and were acquired due to their proximity and similar geological setting to that of Quebec Innovative Materials Corp.’s (‘QIMC’) recent hydrogen-in-soil discovery in the Saint-Bruno-de-Guigues area, of over 1,000 ppm, announced on September 4th 2024.

This news release contains information about adjacent properties on which the Company has no right to explore or mine. Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on the Company’s properties.

Figure 1. RMES 7 Mineral Claim blocks in Ontario and Quebec in proximity to recent Hydrogen discovery

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4932/232251_ed088bbe24f4c93a_001full.jpg

Red Metal’s total portfolio of claim blocks in this highly prospective discovery area, now consist of seven separate packages, covering 172 mineral claims and totaling over 4,546 hectares to the North, Northeast and the Southwest of QIMC’s Hydrogen-in-soil sample discovery as well as covering similar geology to the west into Ontario. These claim blocks are contiguous on three sides to Quebec Innovative Materials Corp. and cover possible extensions in multiple directions. To date, 164 of the 172 claims have been approved by the Quebec Ministry of Natural Resources and Forests and the Ontario ministry of mines.

Ontario’s Firstbrook Township hosts documented occurrences of copper, lead, cobalt, silver and kimberlite. The area boasts excellent infrastructure, including power and easy road access.

Geologic or white hydrogen offers a clean, renewable and potentially abundant source of energy with a range of environmental and economic benefits. Its carbon-free nature, high energy density and compatibility with existing infrastructure make it a promising solution for meeting future energy needs and achieving global climate goals.

Red Metal Resources President and CEO, Caitlin Jeffs stated,‘We have added a significant and highly prospective package of three additional claim blocks in Ontario to our existing mineral claims portfolio next to QIMC in Quebec. Red Metal is actively planning an extensive exploration program to encompass its Quebec and Ontario claims including directly next to QIMC’s recent hydrogen discovery. These new Ontario claims increase our exposure to this exciting discovery area and highlight the potential for new discoveries of hydrogen as well as base and previous metals as we continue to advance our Carrizal Copper/Gold property in Cordillera, Chile.’

Red Metal Resources is planning an initial exploration program that could include but not limited to:

  • Gas sampling from the soil and underwater surveys in Timiskaming Lake. These surveys can be used to locate degassing zones associated with faults in the Timiskaming rift.

  • Gravimetry and audiomagnetotellurism (AMT) geophysics to assess variations in the thickness of local sedimentary rock deposits (gravity troughs) over the Archean basement. AMT data will assist in locating graben-related faults in the St-Bruno-de-Guigue area that are covered by quaternary sediments.

  • Regional remote sensing gas surveys to identify specific targets to provide useful remote sensing data for hydrogen and helium exploration.

  • Fieldwork can be carried out with access to properties through main roads and paved highways.

The Company is currently reviewing regional geologic data to assist in the evaluation of potential additional acquisitions in the immediate area as well as the formulation of an initial exploration plan with further details to be provided in due course.

Terms of the Agreement

Under the terms of the Agreement to acquire a 100% interest in 149 mineral claims, Company has agreed to pay $8,000 and issue 2.25 million common shares of the Company. No royalty is to be paid out of any potential future revenue. The Company’s acquisition of the Property remains subject to customary conditions of closing, including the Company completing due diligence to its satisfaction and the approval of the Canadian Securities Exchange (if required), and is expected to complete shortly. The common shares issuable in connection with the Agreement will be subject to a four month hold period under applicable Canadian securities laws.

Qualified Person

The technical content of this news release has been reviewed and approved by Caitlin Jeffs, P. Geo, who is a Qualified Person (‘QP’) as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About Red Metal Resources Ltd.

Red Metal Resources is a mineral exploration company focused on growth through acquiring, exploring and developing clean energy and strategic minerals projects. The Company’s current portfolio include the 100% owned Ville Marie claims in Quebec, Canada as well as Company’s Chilean projects which are located in the prolific Candelaria iron oxide copper-gold (IOCG) belt of Chile’s coastal Cordillera. Red Metal is quoted on the Canadian Securities Exchange under the symbol RMES, on OTC Link alternative trading system on the OTC Pink marketplace under the symbol RMESF and on the Frankfurt Stock Exchange under the symbol I660.

For more information, visit www.redmetalresources.com.

Contact:
Red Metal Resources Ltd.
Caitlin Jeffs, President & CEO
1-866-907-5403
invest@redmetalresources.com
www.redmetalresources.com

Forward-Looking Statements – All statements in this press release, other than statements of historical fact, are ‘forward-looking information’ within the meaning of applicable securities laws. Red Metal provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to the ability to raise adequate financing, receipt of required approvals, as well as those risks and uncertainties identified and reported in Red Metal’s public filings under its SEDAR+ profile at www.sedarplus.ca. Although Red Metal has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Red Metal disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/232251

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

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US Cannabis Sales Hit Record in October, Market Set to Reach US$55 Billion by 2030

Cannabis sales in the US reached a record high in October, with retail transactions totaling approximately US$2.8 billion, according to data from LeafLink, a wholesale cannabis platform.

While sales saw a slight 2.1 percent dip compared to September, they were up 6.2 percent year-on-year. Total retail cannabis sales in 2024 are expected to hit US$32.6 billion, representing a 10.8 percent increase over the previous year.

LeafLink attributes much of this growth to new licenses in states such as New York, New Jersey and Ohio.

Overall, the company projects that 5,000 new non-multi-state operator retailers will open over the next 24 to 36 months. That would represent a 70 percent increase in store count, excluding Oklahoma.

The firm expects the cannabis market to reach US$55 billion by 2030, growing at an annual rate of 11 percent.

Seasonal cannabis trends and price dynamics

LeafLink also highlights trends in cannabis pricing and product preferences.

Cannabis flower remains the most popular product, accounting for 40 percent of retail sales and 39 percent of wholesale sales. Vape cartridges are next in line, accounting for 22 percent of wholesale sales, while edibles, pre-rolls and concentrates account for 14, 13 and 12 percent of wholesale sales, respectively.

Cannabis flower prices averaged US$1,065 per pound in October, a decrease of about US$100 from summer peak levels. Seasonal outdoor harvests in states like Michigan and Arizona contributed to oversupply, driving down prices.

Reduced cultivation capacity in mature markets like California, Oregon and Colorado may stabilize prices.

Maryland and Arkansas saw contrasting price trends during the period, with Maryland experiencing a 23.2 percent price drop and Arkansas reporting a 20.7 percent increase.

LeafLink notes in its report that the growth of the cannabis market is tied to the rollout of operator licenses and the resolution of supply chain bottlenecks. New markets like New York, where monthly sales have tripled in 2024, are poised to make a sudden impact on the overall cannabis supply chain.

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

This post appeared first on investingnews.com

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Rush orders, cut costs, crossed fingers: How small businesses are preparing for tariffs

President-elect Donald Trump is wasting little time affirming that tariffs will be a Day One priority. With his inauguration less than two months away, small businesses are already making moves to avoid expected cost increases — or weighing whether to take a financial hit or pass it on to customers.

On Monday, Trump announced on Truth Social that he plans to implement 25% tariffs on all goods from Mexico and Canada, plus an additional 10% tariff on goods from China.

He didn’t reiterate his calls on the stump for blanket tariffs on imports from practically everywhere, and some experts predict his proposed trade barriers would face legal challenges. But despite the uncertainty, small businesses that had eyed the plans nervously during the campaign say the clock is ticking to insulate themselves as best they can.

There’s a sense of urgency, and I’m very nervous.

Beatrice Barba, owner of Tabor Place, san francisco bay area

Beatrice Barba runs Tabor Place, a San Francisco Bay Area maker of nontoxic cups and lunch boxes for children. She’d intended to spend 2025 innovating new styles of her signature sippy cups, but now she’s dropping those plans and stockpiling as much of her basic inventory as she can.

Her entire product line is made in China, because none of the 80 domestic manufacturers she contacted when she launched the business around six years ago could execute her borosilicate glass designs.

Barba was a little worried about Trump’s tariff proposals, but she didn’t expect him to win, and she doubted his commitment to imposing them if he did. Over the next couple of months, she’s hoping her Chinese suppliers can churn out a single $200,000 order for the whole year — and get it through U.S. ports — before Trump takes office.

“That at least buys me a little bit of time to weather the storm,” she said. “There’s a sense of urgency, and I’m very nervous.”

This post appeared first on NBC NEWS

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Intel CEO retires as chipmaker loses ground in AI revolution

Intel’s CEO is stepping down as the stalwart American chipmaker has struggled to keep pace with the artificial intelligence revolution.

The company announced that Pat Gelsinger, who’d led Intel since 2021 and logged more than 30 years in various positions with the chipmaker, had retired from the company effective Sunday.

“While we have made significant progress in regaining manufacturing competitiveness and building the capabilities to be a world-class foundry, we know that we have much more work to do at the company and are committed to restoring investor confidence,’ Intel’s board chair, Frank Yeary, said in a news release.

Intel, once the standard-bearer for American computer chip manufacturing, has struggled to keep up with the turn toward AI computing over the past couple years. Having largely missed out on the smartphone boom of the 2010s, Intel could not afford another misstep by failing to anticipate the next major tech trend.

Yet, it largely has missed the mark — and has suffered disastrous consequences as a result.

As the AI boom began to dawn in 2022, major tech giants began to tap a rival chipmaker, Nvidia, to handle many of their AI computer processing needs.

That’s because Nvidia’s graphics processing unit (GPU) chips are better able to handle the strenuous computing power needs of AI processes. Nvidia’s GPUs are able to perform calculations more efficiently thanks to their ‘parallel processing ability,’ whereas regular computer-processing units, or CPUs — the kind of chips Intel has long specialized in — are better suited for straightforward computing tasks like writing files to a disk.

As a result, demand for Nvidia’s chips has proven virtually insatiable.

Intel shares have declined 61% since Gelsinger took over, while Nvidia’s surged more than 820% over the same time period.

The S&P 500 rose 54% over that time.

Nvidia is now valued at more than $3 trillion, while Intel’s market cap stands at approximately $100 billion — about 30-times smaller than Nvidia.

Gelsinger had embarked on a campaign to turn the company’s fortunes around, stating in Intel’s most recent earnings report that it was in the midst of its most critical restructuring since it was established in 1968.

The Biden administration has sought to support Intel through CHIPS Act funding — but last month, announced it was reducing the size of a planned investment by $600 million compared with the award it had earlier announced in March. While some of that was due to Intel having also announced a $3 billion Defense Department contract, the Commerce Department noted that timelines for some projects had extended beyond a 2030 government deadline.

This post appeared first on NBC NEWS

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