admin

The Kansas City Chiefs are playing Friday night’s game against the Los Angeles Chargers with a depleted wide receiving corps. Rashee Rice is suspended to start the season and rookie Jalen Royals is nursing a knee injury.

After their first series on offense, they are down another wideout.

Second-year receiver Xavier Worthy made contact with tight end Travis Kelce on a third-down pass and had to be helped off the field.

He was later seen heading to the locker room with 10 minutes to go in the first quarter.

Xavier Worthy injury update

Worthy was officially ruled out with a shoulder injury. He was originally listed as questionable to return.

Chiefs coach Andy Reid told media post-game that they will know more about Worthy’s status when they return home from Brazil tomorrow. Once in Kansas City, Worthy will have an MRI on his shoulder and the team will go from there.

Worthy was down on the field shortly before walking off under his own power. Trainers were seen working on his arm after he reached the sideline. He was later seen walking to the locker room with trainers with a towel over his head.

Chiefs WR depth chart

Here’s who is active at wide receiver for the Chiefs tonight against the Chargers besides Worthy:

Hollywood Brown
JuJu Smith-Schuster
Jason Brownlee
Tyquan Thornton
Nikko Remigio

This post will be updated with more information when available.

This post appeared first on USA TODAY

4 Mins Read

Québec Communities Vote “No” to La Loutre Graphite Mine

Residents in five Western Québec municipalities of have overwhelmingly rejected a proposed open-pit graphite mine, with 95 percent voting against the La Loutre project in a referendum.

Nearly 3,000 ballots were cast on Sunday (August 31) across Duhamel, Lac-des-Plages, Lac-Simon, Chénéville and Saint-Émile-de-Suffolk. Of those, 2,754 citizens voted against the asset, while only 115 were in favor.

The organizers say the result leaves no room for ambiguity about local opposition.

Located near Lac Bélanger, roughly 80 kilometers northeast of Gatineau, La Loutre is owned by Lomiko Metals (TSXV:LMR,OTCQB:LMRMF), which says it is a potential source of graphite for electric vehicle batteries.

China is the world’s largest producer of graphite by far, and countries around the world are looking to lock down supply of the material. In 2024, Lomiko received a US$8.35 million grant from the US Department of Defense, as well as C$4.9 million from Natural Resources Canada, as the countries looked to strengthen North America’s supply chain.

But for many locals, the referendum on La Loutre was not about global supply chains, but about protecting the lakes, forests and tourism-driven economy that sustain the Petite-Nation region.

Duhamel Mayor David Pharand, long opposed to the mine, said the scale of the rejection will shape what comes next.

“I can assure the population that the percentage of the results of this referendum will have a major impact on the decision of the government and the action that will be taken,” Pharand told CBC. “We will work based on those numbers with our political, federal, and provincial members of parliament to see that this project is not funded.”

Provincial officials struck a similar tone. Papineau MRC prefect Paul-André David said in a statement that the results reflect widespread environmental concerns and will guide the region’s stance in discussions with Québec City:

“The MRC will have to take the necessary measures to protect the interests of the community, by demanding that governments ensure that the sustainable management of water, air and landscapes is at the heart of discussions.’

Mathieu Lacombe, the Coalition Avenir Québec member of Québec’s National Assembly for Papineau, called the outcome “unequivocal” and pledged in a Facebook post to “ensure that the will of citizens is respected.”

Premier François Legault has repeatedly said in recent years that “if there is no social acceptability, there will be no mining activity,” a promise the Coalition du NON is now urging him to uphold.

Coalition presses for government action

The referendum was organized with support from the Alliance des municipalités Petite-Nation Nord and spearheaded by local business and land-use groups under the banner of the Coalition du NON.

The coalition is demanding that both provincial and federal governments move quickly to halt the project and declare the territory incompatible with mining activity. Louis St-Hilaire, president of the Petite-Nation Lake Protection Group and co-spokesperson for the coalition, said the result represents a clear directive.

“Through this referendum, citizens have shown that mining is clearly not what they want for their region and that they will continue to oppose it. Mr. Legault, the public is now asking you, in the public interest, to revoke Lomiko Metals’ mining rights in this area,” St-Hilaire said.

Lomiko acknowledges challenge of social license

Lomiko received permits from the Québec government to begin a 250 metric ton bulk sample at La Loutre on July 1, also saying in the update that it was in a permitting phase to start geotechnical site investigations.

In a statement to CBC on Tuesday (September 2), the company acknowledged the referendum outcome, while stressing that “the many outstanding questions will become clearer as it carries out additional studies.”

Last year, Lomiko expressed disappointment after Québec’s government declined to fund the project, saying the province appeared to be drawing “pre-emptive conclusions” before technical assessments were completed.

Local leaders say the onus is now squarely on provincial and federal authorities to respect the verdict.

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

This post appeared first on investingnews.com

11 Mins Read

Top 5 Canadian Mining Stocks This Week: Carlton Precious Gains 78 Percent

Statistics Canada released its August job numbers on Friday (September 5). The report indicated a loss of 66,000 jobs in the Canadian economy and an increase in the unemployment rate to 7.1 percent from the 6.9 percent recorded in July.

The losses were primarily felt in the professional, scientific and technical services sector with a decrease of 26,000 jobs, followed by losses of 23,000 jobs in the transportation and warehousing sector and 19,000 jobs in manufacturing.

One small caveat: of the 66,000 jobs lost, 60,000 were part-time workers, while full-time employment saw little change after shedding 51,000 positions the previous month.

South of the border, the US Bureau of Labor Statistics (BLS) also released its August jobs report on Friday. The report is the first jobs report since Donald Trump fired the head of the BLS after the release of July’s labor report showed weakness trickling into the economy.

The economy added an estimated 22,000 jobs during August, well below analysts’ expectations of 75,000 new jobs. The unemployment rate also ticked up to 4.3 percent from 4.2 percent in July.

The federal workforce saw the largest job decline, losing 15,000 jobs. The mining, quarrying and oil and gas extraction sector also saw its most significant change over the last 12 months, shedding 6,000 workers.

Additionally, the BLS revised June and July’s figures. While July’s numbers rose to 79,000 added jobs from the 73,000 first reported, the agency made a significant downward revision to June’s numbers, indicating the economy lost 13,000 jobs for the month instead of gaining 14,000.

Jobs data from the last few months will play an important role when the Federal Reserve next meets on September 16 and 17 to discuss changes to the Federal Funds Rate, which is currently set in the 4.25 to 4.5 percent range. Most analysts are predicting the Fed to make a 25 point cut to the benchmark rate, with some now eyeing a larger 50 point cut.

Markets and commodities react

Canadian equity markets were mostly positive during the shortened trading week. The S&P/TSX Composite Index (INDEXTSI:OSPTX) set another new record high on Friday, closing the week up 1.7 percent to 29,050.63. The S&P/TSX Venture Composite Index (INDEXTSI:JX) did even better, climbing 3.34 percent to finish Friday at 857.25. However, the CSE Composite Index (CSE:CSECOMP) went the opposite direction, falling 5.16 percent to end the week at 158.32.

US equity markets were volatile this week, falling sharply at the open of the trading week Tuesday (September 2) before moving back into positive territory. Although the S&P 500 (INDEXSP:INX) pulled back slightly on Friday’s weak jobs data, it ultimately ended the week up 0.33 percent at 6,481.51. The Dow Jones Industrial Average (INDEXDJX:.DJI) took a larger hit Friday, and closed down 0.32 percent on the week at 45,400.87. Of the three, the Nasdaq 100 (INDEXNASDAQ:NDX) was the week’s biggest winner, rising 1.01 percent to 23,652.44.

The gold price was in focus this week as it climbed to a new record high Wednesday (September 3) on expectations of a September rate cut by the Federal Reserve and news on August 29 that a Federal Appellate court had struck down the majority of Donald Trump’s reciprocal tariffs. Gold ended the week up 4.03 percent at US$3,586.27 per ounce after the lackluster jobs report pushed gold above Wednesday’s highs.

Silver had a similarly explosive week, climbing past US$40 for the first time since 2011 and moving as high as US$41.38 on Wednesday. The precious metal finished Friday with a 3.32 percent weekly gain at US$41.07 per ounce.

On the other hand, copper was off this week, shedding 0.87 percent to US$4.54 per pound. The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) posted a decrease of 1.17 percent by close on Friday, finishing at 543.28.

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. EDT 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. Carlton Precious (TSXV:CPI)

Weekly gain: 77.78 percent
Market cap: C$17.74 million
Share price: C$0.24

Carlton Precious is a mineral exploration company focused on a portfolio of precious metals projects in the Americas and Australia.

Its flagship Esquilache silver project, located in Peru, consists of two mining concessions covering an area of 1,600 hectares. Unsubstantiated records from the property indicate historic mining produced 10 million ounces of silver between 1950 and 1962. Exposed structures on the property show mineralization of silver, lead, zinc, copper and gold.

On March 19, Carlton reported assay results from a 2024 surface channel sampling program, with grades peaking at 13.45 grams per metric ton (g/t) gold and 1,018 g/t silver.

The company’s most recent announcement came on July 14, when Carlton signed an agreement with the community of San Antonio de Esquilache for the project allowing for further exploration at the property. Carlton added that its staff has designed a program of up to 40 drill holes that it expects to commence in fall 2025.

In its September 2025 investor presentation, the company stated it is submitting its drill permit applications.

2. Quantum Critical Metals (TSXV:LEAP)

Weekly gain: 73.68 percent
Market cap: C$17.31 million
Share price: C$0.165

Formerly Durango Resources, Quantum Critical Metals is a polymetallic exploration company developing a portfolio of projects in Québec and British Columbia, Canada.

Its flagship NMX East critical metals project is in the Eeyou Istchee James Bay region of Québec and lies adjacent to Nemaska Lithium’s Whabouchi mine. According to the project page, the company has drilled four holes at the property, producing a highlighted assay of 107.68 meters from surface containing average grades of 38.85 g/t gallium, 701.03 g/t rubidium, 24.98 g/t cesium and 3.61 g/t thallium.

Quantum Critical Metals has also been working to advance its Victory antimony project in Haida Gwaii, British Columbia. The site was initially discovered in the 1980s and hosts mineralization of arsenic, antimony and mercury. On August 25, the company announced it submitted an application to expand the property to 1,444 hectares.

The company’s most recent news came on Thursday (September 4), when it identified mica as a key carrier of critical minerals at its NMX project. Quantum selected samples from the 107 meter interval mentioned above, and the samples with the highest mica content returning significantly higher grades of critical metals, including gallium, rubidium, lithium and niobium.

Quantum has now sent the samples for further testing. If the testing confirms the results, stated the discovery will allow for easier removal of these elements from the rock, as the company can first isolate the mica.

3. Electric Metals (TSXV:EML)

Weekly gain: 66.67 percent
Market cap: C$79.98 million
Share price: C$0.45

Electric Metals is a mineral development company focused on advancing its flagship North Star manganese project in Minnesota, US. According to the company, the asset is North America’s highest-grade manganese resource. It plans to produce high-purity manganese sulphate monohydrate for lithium-ion batteries.

On August 26, Electric Metals released its preliminary economic assessment (PEA) for North Star. The assessment demonstrated a base-case after-tax net present value of US$1.39 billion, with an internal rate of return of 43.5 percent and a payback period of 23 months.

The report also included an updated mineral resource estimate with an indicated resource of 7.6 million metric tons of ore grading 19.07 percent manganese, 22.33 percent iron and 30.94 percent silicon, and an inferred resource of 3.73 million metric tons of ore grading 17.04 percent manganese, 19.04 percent iron and 30.03 percent silicon.

Momentum from the PEA release landed Electric Metals on this list of top performers last week, and its shares climbed even higher this week after the company announced the results of its annual and special shareholder meeting.

Shareholders approved all resolutions, including two related to Electric Metals’ plan to redomicile its business in Delaware, US. The first is continuance from the Canada Business Corporations Act to the Business Corporations Act of British Columbia. Shareholders also voted to authorize a continuance of the company to the Delaware General Corporation Law, with the condition of a successful corporate move to BC.

Electric Metals CEO Brian Savage said the change is intended to align its corporate home with the company’s mission to build a fully domestic US supply of manganese.

4. Valhalla Metals (TSXV:VMXX)

Weekly gain: 66.67 percent
Market cap: C$11.53 million
Share price: C$0.15

Valhalla Metals is a polymetallic exploration company working to advance a pair of projects in Alaska’s Ambler Mining District. Its Sun project consists of 392 claims that cover an area of 25,382 hectares.

A May 2022 technical report states that the indicated mineral resource for the project is 1.71 million metric tons of ore containing 162.96 million pounds of zinc, 55.85 million pounds of copper, 42.04 million pounds of lead, 3.3 million ounces of silver and 12,000 ounces of gold.

It also reported an inferred resource of 9.02 million metric tons containing 831.33 million pounds of zinc, 239.64 million pounds of copper, 290.26 million pounds of lead, 23.68 million ounces of silver and 73,000 ounces of gold.

The project is largely dependent on the construction of the 211 mile Ambler Access Road, which Donald Trump approved in his first term as president. Joe Biden rescinded the federal permit in 2024 due to environmental concerns.

Shares in Valhalla gained momentum this week after Congress voted 215 to 210 on Wednesday to move ahead with the project. It’s expected that the Senate will follow suit when it votes on the resolution in the next few weeks.

5. Orosur Mining (TSXV:OMI)

Weekly gain: 65.31 percent
Market cap: C$108.97 million
Share price: C$0.405

Orosur Mining is an exploration company focused on the development of early to advanced-stage assets in South America.

Exploration has revealed multiple gold deposits at its flagship Anzá gold project in Colombia, which is located 50 kilometers west of Medellin and sits along Colombia’s primary gold belt.

Orosur acquired the project, previously a 49/51 joint venture between Newmont and Agnico Eagle, in November 2024.

Since that time, the company has been working to explore the property and has made several announcements regarding its exploration efforts. The most recent came on August 26, when it reported highlights from infill drilling being carried out at the property, including one hole with 6.13 g/t gold over 71.85 meters from near surface at the Pepas gold prospect.

Orosur also owns several early-stage projects, the El Pantano gold-silver project in Argentina, the Lithium West project in Nigeria and the Ariquemes project in Brazil, which is prospective for tin, niobium and rare earths.

On Monday (September 1), Orosur reported that in August, it had issued 3.28 million new common shares for a total consideration of US$174,711.67 following its exercise of the same number of warrants. It also stated that 31.51 million warrants remained outstanding.

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.

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

8 Mins Read

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

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

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

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

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

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 89^th 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 72^nd 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 89^th 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 80^th 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 76^th 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 39^th 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 39^th 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 26^th minute, but it was blocked by the goalkeeper Rafael Romo. He was also awarded a free kick in the 29^th 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

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