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Lode Gold Closes $1.51 Million Upsized Private Placement

Lode Gold Resources Inc. (TSXV: LOD,OTC:LODFF) (OTCQB: LODFF) (‘Lode Gold’ or the ‘Company’) is pleased to announce that it has now closed its previously announced non-brokered private placement offering for $1.0 million (the ‘Offering’). In three tranches, the Company raised total gross proceeds of $1,513,768 through the issuance of 8,409,825 units of the Company (‘Unit’) at a price of $0.18 per Unit, (see related Company news first tranche, second tranche, and final tranche).

Each Unit consists of one common share of the Company (‘Common Share’) and one common share purchase warrant (‘Warrant’). Each Warrant shall entitle the holder to purchase one Common Share at an exercise price of $0.35 per share for a period of 36 months following the date of closing. The Company may accelerate the Warrant expiry date if the Company’s shares trade at $0.65 or more for a period of 10 days, including days where no trading occurs.

In conjunction with the private placement finder’s fees of $16,039 will be paid in cash and 89,100 Finders’ Warrants will be issued. Each Finders’ Warrant shall entitle the holder to purchase one Common Share of the Company at an exercise price of $0.35 per share for a period of 36 months following the date of closing.

Insiders of the Company subscribed to 1,022,111 Units of the private placement.

All securities issued pursuant to this private placement, including common shares underlying the Warrants, are subject to a statutory hold period which expires 4 months from the date of closing.

The completion of the private placement remains subject to the final acceptance of the TSX Venture Exchange.

The proceeds raised from the Offering will go toward execution of the business plans for Lode Gold and its subsidiary, Gold Orogen (1475039 B.C. Ltd.).

Management Changes
Winfield Ding has resigned as the CFO with immediate effect. The Company has initiated a search for a new CFO and has identified several potential candidates for the position. Wayne Moorhouse has agreed to act as the Company’s Acting CFO. Wayne has a wealth of senior company management experience including holding the position of CFO for Roxgold Inc. (TSXV), Midnight Sun Mining Corp. (TSXV), Genco Resources Inc. (TMX), Bluestar Gold (TSXV), and other private and public companies.

Construction Loan Extension
The Company has entered into an amending agreement with Romspen Investment Corporation (the ‘Lender’) to extend the maturity date of a construction loan agreement. The new maturity date of the loan is October 31, 2025. In consideration for extending the maturity date of the loan, the Company will pay the Lender $200,000 of interest owing consisting of $100,000 to be paid in cash and $100,000 to be paid in shares subject to final approval of the TSX Venture Exchange.

Legal Update
As part of the 2024 Restructuring and Growth Plans, a senior secured debt holder, aligned with the Company’s new strategic direction, converted to become one of the largest shareholders, exceeding 19.9%. The former CEO resigned, citing change of control as the reason and proceeded to make a severance compensation claim. The Company disagreed that compensation is due as this debt holder is an existing key shareholder and a Director of the Board. A claim was filed and the court ruled in favor of the claimant for a payment of $222,469. The outcome will have no material impact on the Company’s 2025 financial results as this amount had been accrued in the Company’s accounting records in a prior period.

About Lode Gold

Lode Gold (TSXV: LOD,OTC:LODFF) is an exploration and development company with projects in highly prospective and safe mining jurisdictions in Canada and the United States.

In Canada Lode Gold holds assets in the Yukon and New Brunswick. Lode Gold’s Yukon assets are located on the southern portion of the prolific Tombstone Belt and cover approximately 99.5 km2 across a 27 km strike. Over 4,500 m have been drilled on the Yukon assets with confirmed gold endowment and economic drill intercepts over 50 m. There are four reduced-intrusive targets (RIRGS), in addition to sedimentary-hosted orogenic exploration gold.

In New Brunswick, Lode Gold, through its subsidiary 1475039 B.C. Ltd., has created one of the largest land packages in the province with its Acadian Gold Joint Venture, consisting of an area that spans 445 km2 with a 44 km strike. It has confirmed gold endowment with mineralized rhyolites.

In the United States, the Company is focused on its advanced exploration and development asset, the Fremont Mine in Mariposa, California. It has a recent 2025 NI 43-101 report and compliant MRE that can be accessed here https://lode-gold.com/project/freemont-gold-usa/

Fremont was previously mined until gold mining prohibition in WWII, when its mining license was suspended. Only 8% of the resource identified in the 2025 MRE has been extracted. This asset has exploration upside and is open at depth (three step-out holes at 1,300 m hit structure and were mineralized) and on strike. This is a brownfield project with over 43,000 m drilled, 23 km of underground workings and 14 adits. The project has excellent infrastructure with close access to electricity, water, state highways, railhead and port.

The Company recently completed an internal scoping study evaluating the potential to resume operations at Fremont based on 100% underground mining. Previously, in March 2023, the Company completed a Preliminary Economic Assessment (‘PEA’) in accordance with NI 43-101 which evaluated a mix of open pit and underground mining. The PEA and other technical reports prepared on the Company’s properties are available on the Company’s profile on SEDAR+ (www.sedarplus.ca) and the Company’s website (www.lode-gold.com)

ON BEHALF OF THE COMPANY
Wendy T. Chan
CEO & Director

Information Contact:

Wendy T. Chan
CEO
info@lode-gold.com
+1-(604)-977-GOLD (4653)

Kevin Shum
Investor Relations
kevin@lode-gold.com
+1 (604) -977-GOLD (4653)

Cautionary Statement Regarding Forward-Looking Information

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

This news release includes ‘forward-looking statements’ and ‘forward-looking information’ within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements with respect to the use of proceeds, advancement and completion of resource calculation, feasibility studies, and exploration plans and targets. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’, ‘potential’, ‘target’, ‘budget’ and ‘intend’ and statements that an event or result ‘may’, ‘will’, ‘should’, ‘could’ or ‘might’ occur or be achieved and other similar expressions and includes the negatives thereof.

Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which the Company operates, are inherently subject to significant operational, economic, and competitive uncertainties, risks and contingencies. These include assumptions regarding, among other things: the status of community relations and the security situation on site; general business and economic conditions; the availability of additional exploration and mineral project financing; the supply and demand for, inventories of, and the level and volatility of the prices of metals; relationships with strategic partners; the timing and receipt of governmental permits and approvals; the timing and receipt of community and landowner approvals; changes in regulations; political factors; the accuracy of the Company’s interpretation of drill results; the geology, grade and continuity of the Company’s mineral deposits; the availability of equipment, skilled labour and services needed for the exploration and development of mineral properties; currency fluctuations; and impact of the COVID-19 pandemic.

There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include a deterioration of security on site or actions by the local community that inhibits access and/or the ability to productively work on site, actual exploration results, interpretation of metallurgical characteristics of the mineralization, changes in project parameters as plans continue to be refined, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, delays or inability to receive required approvals, unknown impact related to potential business disruptions stemming from the COVID-19 outbreak, or another infectious illness, and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators, including those described under the heading ‘Risks and Uncertainties’ in the Company’s most recently filed MD&A. The Company does not undertake to update or revise any forward-looking statements, except in accordance with applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265413

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

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4 Mins Read

Editor’s Picks: Gold Sets New Price Record, Silver Hits 14 Year High

It’s been a historic week for precious metals, with gold nearly hitting the US$3,600 per ounce mark, and silver passing US$41 per ounce for the first time since 2011.

The gold price spent the summer in a consolidation phase, and part of what’s spurring its latest move is expectations that the US Federal Reserve will lower interest rates at its next meeting.

The central bank has held rates steady since December 2024, even as President Donald Trump places increasing pressure on Fed Chair Jerome Powell to cut.

Powell’s August 22 speech in Jackson Hole, Wyoming, began stoking anticipation of a cut, and August US jobs data, released on Friday (September 5), has all but guaranteed it will happen.

Non-farm payrolls were up by 22,000, significantly lower than the 75,000 expected by economists. Meanwhile, the country’s unemployment rate came in at 4.3 percent.

CME Group’s (NASDAQ:CME) FedWatch tool now shows a 90.2 percent probability of a 25 basis point rate cut in September, with a 9.8 percent probability of a 50 basis point reduction.

Bond market turmoil also helped move the gold price this week.

Yields for 30 year US bonds rose to nearly 5 percent midway through the period, their highest level since mid-July, on the back of a variety of concerns, including tariffs, inflation and Fed independence.

Globally the situation was even more tumultuous, with 30 year UK bond yields reaching their highest point since 1998; meanwhile, 30 year bond yields for German, French and Dutch bonds rose to levels not seen since 2011. In Japan, 30 year bond yields hit a record high.

Tariff developments have also created uncertainty this past week.

After an appeals court upheld a ruling that many of Trump’s tariffs are illegal, the president’s administration asked the Supreme Court to fast track its review of the decision.

Going back to gold and silver, their recent price activity is certainly raising questions about what’s next. The broad consensus among the experts focused on the sector is positive, but the metals are beginning to get more mainstream attention too.

Notably, investment bank Goldman Sachs (NYSE:GS) now has a gold price prediction of US$4,000 by mid-2026, although the firm notes that the yellow metal could rise to nearly US$5,000 if just 1 percent of private investors shift from treasuries to gold.

‘If 1 per cent of the privately owned US Treasury market were to flow to gold, the gold price would rise to nearly $5,000 per troy ounce’ — Daan Struyven, Goldman Sachs

Bullet briefing — Hoffman on gold, Hathaway on silver

It’s been a short week, at least in North America, so instead of the usual news stories this bullet briefing will highlight a couple of my favorite recent interviews.

Nothing in gold’s path

First is Ken Hoffman of Red Cloud Securities. It was my first time speaking with Hoffman, and he made a compelling case for how gold could get to US$10,000.

Watch the full interview with Hoffman above.

Silver a ‘smouldering volcano’

Next is John Hathaway of Sprott. He shared what he thinks will be the trigger for gold’s next move higher — a major decline in equities — but he also discussed his bullish outlook on silver, which moved past US$40 not long after our interview.

Watch the full interview with Hathaway above.

We’re definitely entering uncharted territory right now, and I want to make sure I bring you commentary from the experts you want to hear from — drop a comment below to let me know who you’d like me to talk to, and also what questions you have.

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

This post appeared first on investingnews.com

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3 Mins Read

Mortgage rates see biggest one-day drop in over a year

The average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29% Friday, according to Mortgage News Daily, following the release of a weaker-than-expected August employment report.

It’s the lowest rate since Oct. 3 and the biggest one-day drop since August 2024. Rates are finally breaking out of the high 6% range, where they’ve been stuck for months.

“This was a pretty straightforward reaction to a hotly anticipated jobs report,” said Mortgage News Daily Chief Operating Officer Matt Graham. “It’s a good reminder that the market gets to decide what matters in terms of economic data, and the bond market has a clear voting record that suggests the jobs report is always the biggest potential source of volatility for rates.”

Graham said in a post on X that many lenders are “priced better” than Oct. 3 and would be quoting in the high 5% range.

The drop is a major change from May, when the rate on the 30-year fixed peaked at 7.08%. It’s big for buyers out shopping for a home today, especially given high home prices.

Take, for example, someone purchasing a $450,000 home, which is just above August’s national median price, using a 30-year fixed mortgage with a 20% down payment. Not including taxes or insurance, the monthly payment at 7% would be $2,395. At 6.29%, that payment would be $2,226, a difference of $169 per month.

That might not sound like a lot to some, but it can mean the difference in not just affording a home, but qualifying for a mortgage.

Homebuilder stocks reacted favorably Friday, with names like Lennar, DR Horton and Pulte all up roughly 3% midday. Homebuilding ETF ITB has been running hot for the last month as rates slowly moved lower. It’s up close to 13% in the past month.

The big question is whether the drop in rates will be enough to get homebuyers back in the market.

Mortgage demand from homebuyers, an early indicator, have yet to respond to gradually improving rates. Applications for a mortgage to purchase a home last week were 6.6% lower from four weeks before, according to the Mortgage Bankers Association.

“Homebuyers grapple with a lack of affordability, sellers contend with more competition, and builders deal with lower buyer demand,” Danielle Hale, chief economist at Realtor.com, said Friday in a statement after the release of the August employment report. “These conditions haven’t spelled catastrophe, but have created a cruel summer for the housing market.”

Some analysts have argued that buyers need to see mortgage rates in the 5% range before it really makes a difference. Home prices remain stubbornly high, and while the gains have definitely cooled, they are not yet coming down on a national level. In addition, uncertainty about the state of the economy and the job market has left many would-be buyers on the sidelines.

This post appeared first on NBC NEWS

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2 Mins Read

NFL Week 1 picks: Chiefs or Chargers in Brazil on Friday night?

  • Week 1 will feature four prime-time games between Thursday and Monday.
  • The playoff rematch between Buffalo and Baltimore on Sunday night looms as the game of the weekend.
  • One of our experts picked nearly 73% of the games correctly in 2024.

Since the Philadelphia Eagles won Super Bowl 59 in February, a full 207 days have passed ahead of their 2025 regular-season kickoff opener against the Dallas Cowboys on Thursday night. In between? There was a draft, free agency, Micah Parsons got traded from the Cowboys, Taylor Swift and Travis Kelce got engaged, Nike rolled out some slick new uniforms … but no legit NFL football.

But now our cups runneth over. Following Eagles-Cowboys, the Week 1 smorgasbord rolls onward Friday night, when Kelce’s Kansas City Chiefs face the Los Angeles Chargers in São Paulo, and Swift will reportedly be in attendance at Corinthians Arena.

Sunday’s 13-game stack kicks off with Pittsburgh Steelers QB Aaron Rodgers’ return to ‘JetLife’ Stadium and ends with a playoff rematch between former MVP Lamar Jackson’s Baltimore Ravens and reigning MVP Josh Allen’s Buffalo Bills.

Week 1 ends Monday night in Chicago, where the new-look Bears will host the Minnesota Vikings in QB J.J. McCarthy’s first regular-season start.

Can’t. Wait.

(But to tide you over in the interim, Week 1 picks from USA TODAY Sports’ panel of NFL experts.)

(Odds provided by BetMGM)

  • Dallas Cowboys at Philadelphia Eagles
  • Kansas City Chiefs at Los Angeles Chargers
  • New York Giants at Washington Commanders
  • Tampa Bay Buccaneers at Atlanta Falcons
  • Las Vegas Raiders at New England Patriots
  • Arizona Cardinals at New Orleans Saints
  • Pittsburgh Steelers at New York Jets
  • Miami Dolphins at Indianapolis Colts
  • Cincinnati Bengals at Cleveland Browns
  • Carolina Panthers at Jacksonville Jaguars
  • San Francisco 49ers at Seattle Seahawks
  • Tennessee Titans at Denver Broncos
  • Detroit Lions at Green Bay Packers
  • Houston Texans at Los Angeles Rams
  • Baltimore Ravens at Buffalo Bills
  • Minnesota Vikings at Chicago Bears
This post appeared first on USA TODAY

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2 Mins Read

Eagles’ A.J. Brown goes without a target in first half vs Cowboys

A.J. Brown has led the Philadelphia Eagles in total targets in each of his three seasons with the team.

However, in the team’s 2025 season opener against the Dallas Cowboys, he wasn’t targeted at all in the first half.

That left many NFL fans and fantasy football managers wondering if Brown was actually playing after he missed time in training camp and the preseason with a hamstring injury.

Brown was, indeed, on the field. He showed that during the Eagles’ final drive of regulation, when he made an 8-yard catch that set Jalen Hurts up for a game-winning first-down run on third-and-1.

But over Hurts’ previous 22 passes, which included a few throwing opportunities vacated for scrambles, the quarterback did not target his 28-year-old weapon. Instead, Dallas Goedert, DeVonta Smith, Jahan Dotson, Kylen Granson and Saquon Barkley handled the receiving workload.

While Brown’s lacking production was conspicuous, it did not impact Philadelphia in the game’s early stages. The Eagles scored touchdowns on each of their three first-half possessions despite Brown’s first half no-show.

How rare was it for Brown not to get a first-half target? It was the first time since Brown’s Week 16 game against the New Orleans Saints in 2019 that he didn’t get one, per NFL reporter Ed Werder. That was when he was a rookie with the Tennessee Titans.

Brown avoided an ignominious mark by making his lone catch late in regulation. Across 91 career games played, he has only been held without a reception once. That came in a 2021 game against the Indianapolis Colts during which he played just eight offensive snaps before suffering a hamstring injury.

That said, Brown did match his career-low mark for targets with just one. The only other time he posted just one target in a game was in Week 18 of the 2023 NFL season. He played just 12 snaps in that contest, making one catch for nine yards as the Eagles rested their starters ahead of the postseason.

Brown has now logged one or fewer catches in 10 total regular-season games. The Eagles will look to get him more involved in Week 2 when they face the Kansas City Chiefs in a Super Bowl 59 rematch.

AJ Brown stats vs. Cowboys

In total, Brown finished the matchup with one catch on one target for eight yards in the fourth quarter.

This post appeared first on USA TODAY

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7 Mins Read

Messi scores twice in what could be final match in Argentina

His memorable night nearly ended in a hat trick.

Messi, playing in his final World Cup qualifying match in his native Argentina, scored two goals (39’ and 80’) to fuel the defending World Cup champions to a 3-0 win over Venezuela as Mas Monumental Stadium on Thursday, Sept. 4.

Lautaro Martinez added another goal (76’), sparked by Messi, in the victory for Argentina, which has already qualified for the 2026 World Cup.

Messi has yet to declare whether he will play in the tournament co-hosted by the United States, Canada and Mexico. He will make that announcement another day, he acknowledged after the match.

‘I don’t want it to end never, but I’m aware that the moment is approaching. It will happen when it has to happen, meanwhile I’m going step by step, living day by day,’ said Messi, 38. ‘It was a very nice, and special day for me.’

On this day, Messi treated the match like his final opportunity to play in front of his most avid fans in his home country – with no other friendlies or matches of consequence scheduled in Argentina before or after the World Cup.

Messi’s teammates made sure to find their Argentine captain, and arguably one of the greatest soccer players of all time during the match.

Julián Alvarez could have scored before halftime, but saw Messi out of the corner of his eye trailing toward the net. Alvarez dropped the ball off to Messi, who took one touch before chipping his goal into the back of the net over several diving Venezuela defenders hoping to stop the inevitable.

Martinez scored his header in front of the net to double Argentina’s lead, but it was Messi, who started the possession with a free kick to Nicolás González up the pitch.

Messi punctuated the night with a simple left touch after a pass from Thiago Almada, looking for the Argentine captain to finish the play.

Messi nearly secured a hat trick in the 89th minute, but was caught offsides, slightly running ahead of the play he finished with another shot into the back of the net before the referee raised his flag.

The match marked the first time Messi scored for the national team in nearly a year. The last time, Messi had a hat trick and two assists in a 6-0 victory over Bolivia on Oct. 15, 2024.  

Messi played in his 72nd World Cup qualifier, no other player has played more in South American qualifying.

While Messi treated the occasion like his last match in his home country, Argentine coach Lionel Scaloni said the national team will surely plan to have another match if Messi wishes.

‘[Thursday] will be a beautiful, exciting game. Surely, it won’t be his last game in Argentina, and I saw that from the point of view that, if he decides it will be his last, we’ll make sure he gets to play another one,’ Scaloni said before the match. ‘We’ll find the right moment, because he deserves it.’

Argentina 3, Venezuela 0: Messi nearly has hat trick, but offsides

Messi nearly had a hat trick, but was caught offsides in the 89th minute after loafing another kick into the back of the net.

Argentina 3, Venezuela 0: Lionel Messi scores second goal in 80’

Lionel Messi has a brace, scoring his second goal in the 80th minute, after an assist from Thiago Almada.

Messi scored with a simple left touch after a pass from Almada, who knew the Argentine captain was entering the penalty area on a charge up the field.

In what could be Messi’s last match in Argentina, he has two goals.

Argentina 2, Venezuela 0: Lautaro Martinez scores goal in 76’

Argentina has doubled its lead, and Messi had a hand (or a foot?) in the play.

Lautaro Martinez scored a header goal in front of the net in the 76th minute, finishing a pass from Nicolás González, who was sent up the pitch on a free kick by Messi to start the play.

Martinez, the Inter Milan standout who scored Argentina’s game-winner in the 2024 Copa America final against Colombia, scored just two minutes after being substituted into the match off the bench.

Argentina 1, Venezuela 0: Lionel Messi scores goal in 39th minute

JuliánAlvarez could have taken the shot, but he saw his captain out of the corner of his eye. Lionel Messi softly kicked a goal with his legendary left boot in the 39th minute to give Argentina an early lead against Venezuela. A fitting assist by Alvarez, and a classic finish by Messi to send the Argentine fans into a frenzy.

Messi update from Argentina vs. Venezuela match

Messi has been active in his first 30 minutes of the match, but has yet to affect the scoreboard.

Messi fired a shot in the 26th minute, but it was blocked by the goalkeeper Rafael Romo. He was also awarded a free kick in the 29th minute after being tripped by Eduard Bello outside the penalty box, but his kick was blocked by the wall of Venezuelan defenders.

Still, Messi looks healthy and engaged after a hamstring injury hampered him for much of the last month.

Messi’s sons join him for national anthem before Argentina vs. Venezuela

An emotion Messi on verge of tears during pregame warmups

Lionel Messi, understandibly full of emotion, as he warms up before Argentina’s match against Venezuela tonight.

Messi in Argentina starting lineup vs. Venezuela

How to watch Messi’s last match in Argentina on Sept. 4?

The match will be broadcast on Universo and can be streamed on Fubo.

Watch Argentina vs. Venezuela on Fanatiz PPV

What time is the Argentina vs. Venezuela match?

The match begins at 7:30 p.m. ET (8:30 p.m. in Argentina) at Mâs Monumental in Buenos Aires.

Is Messi playing tonight?

For the reasons listed above, it appears very likely Messi will play with Argentina against Venezuela.

When is the next time Messi will play with Argentina after Venezuela match?

Argentina will visit Ecuador on Sept. 9 to conclude Conmebol World Cup qualifying, but it’s possible Messi will return to South Florida as Inter Miami prepares for the last stretch of the 2025 MLS season.

Will Messi play with Argentina in October or November?

Messi could potentially participate in four more Argentina friendly matches later this year.

Argentina is planning to play two friendly matches in the United States between October 6-14 with locations and opponents to be determined. These friendlies would coincide with Inter Miami’s MLS season, potentially creating a scheduling conflict for Messi.

Argentina will also play two friendly matches between Nov. 10-18 in in Luanda, Angola, and Kerala, India with opponents to be determined. These friendlies would fall under a FIFA international window.

Messi’s upcoming schedule with Inter Miami and Argentina

  • Sept. 4: Argentina vs. Venezuela (World Cup qualifying)
  • Sept. 9: Ecuador vs. Argentina (World Cup qualifying)
  • Sept. 13: Charlotte FC vs. Inter Miami, 7:30 p.m. (MLS regular season)
  • Sept. 16: Inter Miami vs. Seattle Sounders, 7:30 p.m. (MLS regular season)
  • Sept. 20: Inter Miami vs. D.C. United, 7:30 p.m. (MLS regular season)
  • Sept. 24: New York City FC vs. Inter Miami, 7:30 p.m. (MLS regular season)
  • Sept. 27: Toronto FC vs. Inter Miami, 4:30 p.m. (MLS regular season)
  • Sept. 30: Inter Miami vs. Chicago Fire, 7:30 p.m. (MLS regular season)
This post appeared first on USA TODAY

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3 Mins Read

Mike Tyson vs Floyd Mayweather fight: Date, location, what we know

  • Mike Tyson and Floyd Mayweather have agreed to an exhibition fight scheduled for Spring 2026.
  • The specific date and location for the potential bout have not yet been announced.
  • Mayweather, who will be 49, remains undefeated in his professional career and has participated in several exhibition fights.

Mike Tyson and Floyd Mayweather have reached a deal on a potential exhibition fight scheduled for 2026, according to CSI Sports.

A specific date and fight location were not announced. However, it is touted as a Spring 2026 bout in CSI Sports’ press release. We will update this story as those details are released.

‘This fight is something neither the world nor I ever thought would or could happen,’ Tyson said in the press release. ‘However, boxing has entered a new era of the unpredictable—and this fight is as unpredictable as it gets.

‘I still can’t believe Floyd wants to really do this. It’s going to be detrimental to his health, but he wants to do it, so it’s signed and it’s happening!”

Each of the two fighters was among the most successful in-ring fighters of their respective eras.

Tyson holds a 50-7 overall record with 44 of his victories coming by knockout. He also had five of his seven losses come by knockout. Tyson made it to the ring on Nov. 24, 2024, and lost to Jake Paul at AT&T Stadium in Arlington, Texas.

Mayweather has an undefeated professional record at 50-0 with 27 knockouts. Mayweather’s last competitive fight, which took place on Sept. 15, 2015, resulted in a unanimous decision victory over Andre Berto. However, he has since competed in several exhibition fights, including one in 2024.

Mayweather’s showdown with Manny Pacquiao took place at the MGM Grand in Las Vegas on May 2, 2015. The fight had 16,219 in attendance, including multiple celebrities. The fight shattered PPV records with over 4.4 million PPV buys and a $72 million gate, according to ESPN.

“I’ve been doing this for 30 years and there hasn’t been a single fighter that can tarnish my legacy,” Mayweather said in the press release. “You already know that if I am going to do something, it’s going to be big and it’s going to be legendary. I’m the best in the business of boxing. This exhibition will give the fans what they want.”

Floyd Mayweather vs. Mike Tyson location

The fight between Mayweather and Tyson will take place at a ‘location to be determined,’ according to CSI Sports.

Tyson’s previous mega fight vs. Jake Paul took place at the expansive AT&T Stadium, which had a capacity of 80,000.

How old is Floyd Mayweather?

Floyd Mayweather is 48 years old. He will turn 49 years old on Feb. 24, 2026.

How old is Mike Tyson?

Mike Tyson is 59 years old. He will be 60 years old on June 30, 2026.

This post appeared first on USA TODAY

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3 Mins Read

Anisimova ousts Osaka in three-hour US Open semifinal

NEW YORK — American Amanda Anisimova will attempt to win her first Grand Slam championship after beating Naomi Osaka 6-7(4), 7-6(3), 6-3, in the US Open semifinals at Arthur Ashe Stadium on Thursday night.

Anisimova, a 24-year-old originally from New Jersey, will face top-ranked and No. 1 seed Aryna Sabalenka, who defeated Jessica Pegula in three sets to earn her spot in the final, on Saturday, Sept. 6. She beat Sabalenka in this year’s Wimbledon semifinals before suffering a 6-0, 6-0 thrashing in the finals by Iga Swiatek, whom she had exacted revenge on in the quarterfinals.

The two-hour, 56-minute marathon finally ended at 12:54 a.m. ET, when Amisimova, the No. 8 seed, converted her third match point opportunity with a forehand winner down the baseline.

Playing with the roof closed because of expected inclement weather, Osaka, a four-time Grand Slam champion, took control early, had leads of 2-0 and 4-2, and was broken in the 10th game by Anisimova, who shook off early nerves and 17 unforced errors, to save her service game in the next game.

When Anisimova served for the first set, she was broken, sending it to a tiebreak. But Anisimova had five unforced errors and a double fault in the tiebreak, losing the tiebreak 7-4.

The two took turns breaking each other’s serve to start the second set, then Anisimova started a three-game run before settling into another tiebreak, with Anisimova taking a 5-1 lead and closing it out when Osaka’s forehand hit the net for an unforced error.

Anisimova, who will move to a career-high No. 5 in the rankings, then raced out to a 4-1 lead in the third set and cruised from there, winning despite 45 total unforced errors, also withstanding 15 Osaka aces.

Osaka, who had lost only one set in the tournament before Thursday, also lost a match in the quarterfinals or beyond at a Grand Slam tournament for the first time, suffering defeat for the first time in 14 such contests.

Osaka takes first set in tiebreak

Osaka, the two-time US Open champion, blew leads of 2-0 and 4-2, and was broken in the 10th game by Anisimova, who shook off early nerves and 17 unforced errors, to save her service game in the next game. Anisimova also served for the set but was broken, sending it to a tiebreak. But Anisimova had five unforced errors and a double fault in the tiebreak, losing the tiebreak 7-4.

How to watch Naomi Osaka vs. Amanda Anisimova

No. 23 seed Naomi Osaka will face off against No. 8 seed Amanda Anisimova in the U.S. Open women’s semifinal match on Thursday.

  • Date: Thursday, Sept. 4
  • Time: 8:30 p.m. ET
  • TV: ESPN

Watch the 2025 US Open on Fubo (free trial)

How to watch 2025 US Open: Dates, TV, streaming

  • Dates: Sunday, Aug. 24-Sunday, Sept. 7
  • Location: USTA Billie Jean King National Tennis Center (New York)
  • TV channels: ABC, ESPN, ESPN2, ESPN Deportes (Spanish language)
  • Streaming: Fubo (free trial)
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How to Invest in Lithium Stocks and the Lithium Market

Despite the current low price environment, the long-term demand for battery metals is robust and offers opportunity for those interested in lithium stocks.

Seasoned metals investors who want to look beyond gold and silver are getting involved, while new investors are being drawn into the space by expanding battery market and lithium supply deals between auto makers and lithium producers.

Whatever the reason, it’s important to get familiar with the lithium market before investing in lithium stocks. Here’s a brief overview of some of the basics, including supply and demand, prices and companies.

In this article

    Where is lithium mined?

    Lithium is found globally in hard-rock deposits, evaporated brines and clay deposits. There’s some contention as to which type of deposit is superior, but generally there are challenges and upsides for both.

    The world’s largest hard-rock mine is the Greenbushes mine in Australia, and the bulk of the world’s lithium brine production comes from salars in Chile and Argentina. Most large lithium reserves are in Chile, and the prolific “Lithium Triangle” spans Chile, Argentina and Bolivia. Australia was once again the world’s largest lithium producer in 2024, followed by Chile and China.

    Canada and the United States, ranked as the seventh and ninth largest lithium producing countries, are increasingly becoming hotspots for lithium development and production as North American auto makers seek to secure domestic supply sources.

    What’s the difference between battery-grade and technical-grade lithium?

    Technical-grade lithium is used in ceramics, glass and other industrial applications, while battery-grade lithium carbonate and lithium hydroxide are used to make lithium-ion batteries. These lithium products can also be used for technical applications in a pinch, although battery-grade lithium fetches premium market prices over technical-grade. Those aren’t the only classifications, though. Pharmaceutical grade lithium carbonate is used in medicine.

    How is lithium priced?

    Getting a look at lithium prices isn’t easy, and that can make it difficult for investors who are looking to assess the viability of a given project. Pricing in the lithium industry has always been opaque due to the dominance of a few major producers, with investors having very little pricing information they can trust.

    Simon Moores of Benchmark Mineral Intelligence has emphasized that pricing can be a difficult concept for investors to grasp.

    “The biggest myth surrounding pricing is, ‘What is the price of lithium?’ Because there is no one price,” he said. “The newcomers want one lithium price, but the existing market has a wide range of lithium chemicals and then grades within a specification.’

    There are also distinct prices for lithium on markets in different regions, meaning lithium hydroxide in China will be priced slightly different than in Europe.

    For those looking to invest in lithium who want to learn about lithium prices, it’s best to read reports on lithium price trends from experts to help you understand what is happening in the market.

    What factors drive the lithium market?

    A major driver for the lithium market is its use in the lithium-ion batteries that power electric vehicles, energy-storage systems, smart phones and laptops.

    Global EV sales reached 17 million units in 2024, up 25 percent from the previous year, according to International Energy Agency (IEA) data. The figure represents more than 20 percent of all new cars sold worldwide. Looking forward, EV sales are expected to increase by another 25 percent to surpass 20 million in 2025, amounting to about one-quarter of total new car sales for the year.

    Tesla with its Nevada-based gigafactory was the first carmaker to stoke excitement in the lithium space. However, advancements in Chinese battery technologies, strategic pricing and government support led to Chinese EV maker BYD Company (HKEX:1211) overthrowing Tesla (NASDAQ:TSLA) as the global EV market leader in sales for 2024. That trend has continued into 2025, as Elon Musk’s involvement in US politics has also damaged Tesla’s brand for both sides of the political spectrum.

    The ascension of a Chinese automaker on the global EV stage doesn’t come as a surprise to most market insiders. The IEA is forecasting that China will see more than 14 million new EVs will be sold in 2025, representing 60 percent of all new cars sold in the country. Even more impressive, this figure is more than all EVs sold worldwide in 2023.

    When it comes to the lithium batteries that power electric vehicles, the US Energy Information Administration (EIA) data shows that in 2023, “China controlled nearly 85% of the world’s battery cell production capacity by monetary value.”

    In the US, the election of Donald Trump to a second term as president has cast a shadow over the North American EV market. On September 30, 2025, the Trump Administration is set to scrap the US$7,500 consumer tax credit for EVs offered under the Biden-era Inflation Reduction Act. Government incentives to purchase EVs has also evaporated in Canada, despite the mandate that by 2035, 100 percent of new vehicle sales must be zero-emission vehicles.

    “North America, and in particular Canada, is experiencing a slowdown of EV sales in 2025. With Trump’s latest cuts in his ‘Big Beautiful Bill,’ the USA could struggle to see any growth in the EV market overall in 2025,” said Rho Motion Data Manager Charles Lester.

    Data centers and artificial intelligence technologies represent another key demand trend for lithium as they require significant investments in battery energy storage systems.

    “Batteries are now essential — not just for EVs, but to balance power systems across sectors,” said Paul Lusty, head of battery raw materials at Fastmarkets, at Fastmarkets’ Lithium Supply & Battery Raw Materials conference in June.

    On the supply side, China has made a major push in recent years to expand its lithium mine production, leading to an oversupplied market. The resulting lithium price slump forced Australian lithium miners to stall development plans, curtail production and even place some operations on care and maintenance.

    Fastmarkets has reported that China is set to surpass Australia as the world’s largest lithium producing country by 2026.

    Lithium mine supply disruptions out of China are already having an oversized impact. In mid-August 2025, Chinese battery giant Contemporary Amperex Technology (CATL) (SZSE:300750,HKEX:3750) confirmed it had suspended operations at Jianxiawo, one of the world’s largest lithium mines, after the mine’s permit expired on August 9 and the company failed to obtain an extension.

    The news sent lithium spot prices higher as well as the stock values of ex-China lithium miners such as Lithium Americas (NYSE:LAC), Pilbara Minerals (ASX:PLS) and Mineral Resources (ASX:MIN).

    How to invest in lithium stocks

    So what’s the best way to invest in lithium? How should investors interested in lithium stocks begin? To start, it helps to understand the lithium production landscape.

    For a long time, most lithium was produced by an oligopoly of lithium producers often referred to as the “Big 3”: Albemarle (NYSE:ALB), Sociedad Quimica y Minera (SQM) (NYSE:SQM) and FMC. Rockwood Holdings was on that list too before it was acquired by Albemarle several years ago.

    However, the list of the world’s top lithium-mining companies has changed in recent years. The companies mentioned above still produce the majority of the world’s lithium, but China accounts for a large chunk of output as well. As already discussed, the Asian nation is on track to become the largest lithium-producing country by 2026.

    For now, the biggest producer continues to be Australia, which is home to many lithium mines, including up-and-comer Liontown Resources’ (ASX:LTR,OTC:LINRF) Kathleen Valley operations. The mine entered open-pit production during H2 2024, and the plant hit commercial production in January 2025. The company is currently transitioning Kathleen Valley from an open-pit to underground mining operation, making it the state of Western Australia’s first underground lithium mine.

    In other words, lithium investors need to be keeping an eye on lithium-mining companies in Australia and other jurisdictions in addition to the New York-listed chemical companies that produce the material.

    Of course, smaller lithium stocks are worth watching too — to find out which ones are currently thriving, check out our top global lithium stocks article. You can also check out our articles on the biggest lithium stocks globally, top performing Australian lithium stocks and top Canadian lithium stocks.

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

    This post appeared first on investingnews.com

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