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The solar industry is turning to base metals and innovation to bypass the soaring silver price.

Silver’s exceptional electrical and thermal conductivity make it a critical material in the production of photovoltaics (PV). However, record-high prices are forcing key solar industry players to find more cost-effective alternatives.

In a September 2025 report, BNEF analysts note that silver represents about 14 percent of the total cost of production for solar panels, up from 5 percent in 2023. At the time, silver was trading in the US$42 to US$46 per ounce range.

Since then, the white metal’s price has exploded, hitting an all-time high of US$93.77 on Wednesday (January 14). That’s double the level it was in September, and a nearly 200 percent increase from the year before.

In an industry already fraught with intense competition, such a large leap in the price for a major component is unsustainable. In response, top manufacturers in China such as LONGi Green Energy Technology (SHA:601012) are turning to base metals and technological innovations to help manage solar panel input costs.

Solar panel makers bypassing silver

China dominates the global solar PV industry, representing more than 80 percent of worldwide manufacturing capacity across the supply chain, including polysilicon, wafers, cells and modules.

In early January, Bloomberg reported that starting in Q2, LONGi Green Energy is planning to start mass producing solar cells using base metals instead of silver in an effort to reduce costs.

Di Giacomo believes that because LONGi Green Energy is one of the solar industry’s technological leaders, its move away from silver marks a significant turning point for the sector.

Bloomberg notes that the company has joined the ranks of other Chinese solar manufacturers looking to sidestep silver’s price volatility. In December, JinkoSolar Holding (NYSE:JKS), which is headquartered in China, but listed in the US, said it was looking to roll out large-scale production of solar panels using base metals. Additionally, smaller firm Shanghai Aiko Solar Energy (SHA:600732) is producing 6.5 gigawatt solar cells without silver.

“Other major manufacturers, such as JinkoSolar and AIKO Solar, are also exploring silver-free technologies or solutions that minimize the use of this metal,” said Di Giacomo. “The convergence of efforts among leading players suggests this is not an isolated trend, but rather a structural shift in how solar panels are designed and manufactured.”

Is copper a viable alternative to silver?

Copper is the prized favorite among the base metals for swapping out silver.

While both metals have seen unprecedented price rallies on the back rising industrial demand from clean technologies and artificial intelligence, silver maintains an enormous premium over copper. Currency, the price of a troy ounce of silver is trading at about 22,000 percent higher than a troy ounce of copper.

“Although its conductivity is slightly lower, copper is far more abundant, cheaper and supported by a more diversified supply chain,” stated Di Giacomo. “These characteristics make it an attractive option for an industry seeking to scale production without exposure to bottlenecks in critical raw materials.”

The red metal may be a great electrical conductor, but it doesn’t match silver’s capabilities. There’s also the tendency for copper to oxidize and degrade, testing the long-term viability and reliability of copper-based solar components. For those reasons, subbing in copper presents technical challenges for PV makers.

One area of concern for replacing silver with copper is the high temperatures needed in the fabricating process for tunnel oxide passivated contact (TOPCon) cells, the technology currently dominating the solar panel industry.

This might not be as big an issue for LONGi Green Energy, which manufactures back-contact (BC) cells. The technical processes for adapting copper to this new type of solar cell architecture is much simpler compared to TOPCon cells.

“New generations of copper-metallized cells are achieving efficiency levels increasingly close to those of traditional silver-based models,” said Di Giacomo. “In some cases, improvements are even being observed in mechanical strength and module durability, key factors for long-term solar installations and operation under demanding environmental conditions.”

BC cells have also been shown to generate more power from the same amount of sunlight compared to TOPCon cells. A white paper from renewable energy advisory company Rinnovabili states that field data indicates that BC modules are capable of producing up to 11 percent more energy over their lifetime compared to TOPCon technology.

How will substitution impact silver?

In a November 2025 report, the Silver Institute reported that industrial silver demand is projected to drop by 2 percent in 2025 to 665 million ounces. One of the contributing factors in the decline is an approximate 5 percent decrease in silver demand from the solar industry, even though the number of global PV installations set a new record high for the year. This is “due to a sharp drop in the amount of silver used in each module,” according to the firm.

“A sustained reduction in solar sector silver demand could alter market dynamics,” warned Di Giacomo.

However, at this point it’s too early to tell. For one, TOPCon technology is expected to account for 70 percent of the market in 2026. The cost of manufacturing BC cells is not expected to reach parity with TOPCon cells until the end of the decade, said Molly Morgan, senior research analyst at CRU Group, as reported by pv magazine.

“That’s why we believe we might see a coexistence of the two technologies in the 2028 to 2030 timeframe,” she said.

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

This post appeared first on investingnews.com

Will Rhind, CEO of GraniteShares, outlines his thoughts on gold and silver heading into 2026, noting that historical precedents point to higher prices.

‘Clearly when you look back on some of those other periods for gold — and silver particularly — where they went to all-time highs, then we could be talking about a lot higher prices,’ he said.

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

This post appeared first on investingnews.com

(TheNewswire)

 

Prismo’s Interest Currently Stands at 95% With Option for Full Control

Vancouver, British Columbia, January 16th, 2025 TheNewswire – Prismo Metals Inc. (‘Prismo’ or the ‘Company’) (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to announce that it has completed its previously announced transaction with Infinitum Copper Corp. (TSXV: INFI) (‘Infinitum’) whereby Prismo has increased its interest in the Hot Breccia copper project, located in the heart of Arizona’s prolific copper belt, from 75% to 95%. In addition, Prismo has obtained an irrevocable option to acquire Infinitum’s remaining 5% interest, providing a clear path to 100% interest in the project.

Alain Lambert, CEO of Prismo commented: ‘This transaction marks a significant milestone for Prismo and provides a clear mechanism to securing full ownership of Hot Breccia. It materially improves the strategic flexibility of the project.’

He added: ‘Prismo remains firmly committed to advancing Hot Breccia. The recent extension of certain milestone obligations under the option agreement with Walnut Mines LLC, the owner of the Hot Breccia claims, together with the completion of the transaction with Infinitum, provides the Company with additional flexibility as we evaluate a range of strategic alternatives. Each of these pathways’ goal is to drill what we consider to be one of the most compelling copper exploration opportunities in Arizona and the broader United States.

Dr. Linus Keating, manager of Walnut Mines LLC, enthusiastically commented: ‘Walnut Mines is solidly in favor of any action that moves Hot Breccia closer to a serious drill program. We are hopeful that this transaction will accomplish that goal in 2026. In our opinion, this property remains one of the best copper exploration opportunities in North America.’

Under the terms of the transaction, Prismo paid Infinitum CA $185,000 to acquire a 20% additional interest in the Hot Breccia project and assumed all of Infinitum’s remaining obligations under the existing option agreement with Walnut to issue shares to Walnut, which has been satisfied by the issuance to Walnut of 450,630 common shares at a deemed issue price of $0.11 per share. Prismo has also agreed to pay Infinitum 5% of any consideration received in connection with a transaction in which Prismo assigns its interest in Hot Breccia to a third party to acquire the 5% interest held by Infinitum.

Prismos Hot Breccia project lies at the heart of the Arizona Copper Belt, which hosts several globally significant porphyry copper deposits.  Examples of these significant deposits are Freeport McMoRan’s Miami-Inspiration mining complex, BHP’s San Manuel mine, Rio Tinto and BHP’s Resolution deposit and others (see Figure 1).  

 

Figure 1. Location of the Hot Breccia Project in the Arizona Copper Belt.

The Company wishes to update its January 12th, 2026 news release to confirm that the Company issued 2,250,000 units for gross proceeds of $225,000 and issued 140,000 Finder’s Warrants and paid finder’s commissions of $14,000 to a certain qualified finder. Each Unit consisted of one common share in the capital of the Company (a ‘Share‘) and one common share purchase warrant of the Company (a ‘Warrant‘). Each Warrant entitles the holder to purchase one Share for a period of thirty-six (36) months from the date of issue at an exercise price of $0.175. Prismo intends to proceed next week a final closing of 1,500,000 Units for gross proceeds of $150,000.

About Prismo Metals Inc.

Prismo (CSE: PRIZ,OTC:PMOMF) is a mining exploration company focused on advancing its Hot Breccia copper project in Arizona and its Palos Verdes silver project in Mexico.

Please follow @PrismoMetals on , , , Instagram, and

Prismo Metals Inc.

1100 – 1111 Melville St., Vancouver, British Columbia V6E 3V6  Phone: (416) 361-0737

Contact:

Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com

Gordon Aldcorn, President gordon.aldcorn@prismometals.com

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as intends‘ or anticipates, or variations of such words and phrases or statements that certain actions, events or results may’, could‘, should‘, would‘ or occur. This information and these statements, referred to herein as ‘forwardlooking statements’, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things: the timing, costs and anticipated results of drilling at Hot Breccia; the ability of Prismo to fund drilling and pursue potential third-party partnerships; the Company’s strategic flexibility with respect to the Hot Breccia project going forward; the number of shares issuable by Prismo to Walnut pursuant to the transaction described in this news release; and the Company’s expectations regarding mineralization and other qualities of the Hot Breccia project.

These forwardlooking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: delays in obtaining or failure to obtain appropriate funding to finance the exploration program at Hot Breccia; the risk that the Company will not enter into a third-party partnership with respect to the Hot Breccia project; the risk that mineralization will not be as anticipated at the project; the risk that the Company will not be able to take advantage of geological information to refine drill targeting; metal prices; market uncertainty; and other risks and uncertainties application to exploration activities and the Company’s business as set forth in the Company’s disclosure documents available for viewing under the Company’s profile on SEDAR+ at www.sedarplus.com.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that: the ability to raise capital to fund the drilling campaign at Hot Breccia and the timing of such drilling campaign; the ability of the Company to enter into a third-party partnership on the project; that the project will have the anticipated mineralization and other qualities; and the  Company will be able to take advantage of geological information to refine drill targeting.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

Copyright (c) 2026 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday.

The move comes after Saks Global struggled with debt it took on to buy rival Neiman Marcus, lagging department store sales and a rising online market.

It’s one of the largest retail collapses since the Covid pandemic, and casts further doubt over the future of luxury fashion.

The retailer, which also owns Bergdorf Goodman, said early Wednesday its stores would remain open for now after it finalized a $1.75 billion financing package and appointed a new CEO.

The court process is meant to give the luxury retailer room to negotiate a debt restructuring with creditors or sell itself to a new owner to stave off liquidation. Failing that, the company may be forced to shutter.

Former Neiman Marcus CEO Geoffroy van Raemdonck will replace Richard Baker, who was the architect of the acquisition strategy that left Saks Global saddled with debt.

The company also appointed former Neiman Marcus executives Darcy Penick and Lana Todorovich as chief commercial officer and chief of global brand partnerships at Saks Global, respectively.

Saks Fifth Avenue, the retail arm of Saks Global, listed $1 billion to $10 billion in assets and liabilities, according to court documents filed in U.S. Bankruptcy Court in Houston.

A retailer long loved by the rich and famous, from Gary Cooper to Grace Kelly, Saks fell on hard times after the pandemic, as competition from online outlets rose, and brands started more frequently selling items through their own stores.

The original Saks Fifth Avenue store, known for displaying the likes of Chanel, Cucinelli and Burberry, was opened by retail pioneer Andrew Saks in 1867.

The new financing deal would provide an immediate cash infusion of $1 billion through ‌a loan from an investor group, Saks Global said.

A host of luxury brands were among the unsecured creditors, led by Chanel and Gucci owner Kering at about $136 million and $60 million respectively, the court filing said. The world’s biggest luxury conglomerate, LVMH, was listed as an unsecured creditor at $26 million. In total, Saks Global estimated there were between 10,001 and 25,000 creditors.

In 2024, Baker had masterminded the takeover of Neiman Marcus by Canada’s Hudson’s Bay Co, which had owned Saks since 2013, and later spun off the U.S. luxury assets to create Saks Global, bringing together three names that have defined American high fashion for more than a century.

The deal was designed to create a luxury powerhouse, but it saddled Saks Global with debt at a time when global luxury sales were slowing, complicating an already difficult turnaround for CEO and veteran executive Marc Metrick.

Saks Global struggled last year to pay vendors, who began withholding inventory, disrupting the company’s supply chain and leaving it with insufficient stock.

The thinly stocked shelves may have driven shoppers away to rivals like Bloomingdale’s, which posted strong sales in 2025, compounding pressure on Saks Global.

“Rich people are still buying,” Morningstar analyst David Swartz said last month, “just not so much at Saks.”

Running out of cash, Saks Global last month sold the real estate of the Neiman Marcus Beverly Hills flagship store for an undisclosed amount. It had also been looking to sell a minority stake in exclusive department store Bergdorf Goodman to help cut debt.

On Dec. 30, it failed to make an interest payment of more than $100 million to bondholders.

This post appeared first on NBC NEWS

Iranian Foreign Minister Abbas Araghchi rejected claims of mass casualties amid a recent surge in protests within the Islamic country and blamed any killings that have taken place on an ‘Israeli plot’ intended to create a large number of casualties. 

The claim came during a wide-ranging interview on Fox News’ ‘Special Report with Brett Baier’ Wednesday evening, during which Araghchi was told estimates have indicated the death toll in his country could be anywhere between 2,500 to more than 12,000 protesters. But, according to the top Iranian official, the number is in the hundreds. 

‘When terrorist elements led from outside, entered this, you know, protests and started to shoot, you know, police forces, police officers and security forces. And there were terrorist cells. They came in, they used Daesh-style terrorist operations. They got police officers, burned them alive, they beheaded them, and they started shooting at police officers and also to the people. So as a result, for three days, we had, in fact, fighting against terrorists, and not with the protesters,’ Araghchi said. ‘It was completely a different story.’

According to Araghchi, these rogue, terrorist-like actors he spoke of started shooting at civilians for ‘one reason,’ which he said was to draw the United States into the conflict. 

‘They wanted to increase the number of deaths. Why? Because President Trump has said that if there are killings, he would intervene. And they wanted to drag him into this conflict,’ the Iranian Foreign Minister continued. ‘And that was exactly an Israeli plot. They started to increase the number of deaths by killing ordinary people, by killing police officers, by starting a kind of, you know, fighting inside the different cities.’

Iran has seen widespread unrest since the last week of December, as the country faces a massive economic crash that spurred many in Iran to take to the streets in protest.

 

Contrary to Araghchi’s claims are eyewitness reports that describe government forces in Iran firing upon unarmed protesters. Some even spoke of snipers taking aim at innocent Iranians, according to testimony shared with the New York Times.

During Baier’s interview with Iran’s Foreign Minister, Araghchi also insisted that there are no imminent plans to hang, or otherwise execute, protesters. The top Iranian official tried to downplay the unrest erupting in his country as well, arguing there is now ‘a calm.’    

‘We are in full control,’ Araghchi added. ‘And let’s, you know, hope that wisdom would prevail. And we don’t go for a high level of tension, which could be disastrous for everybody.’

This post appeared first on FOX NEWS

The House of Representatives passed a roughly $80 billion spending package Wednesday evening, taking a significant step toward averting a government shutdown at the end of this month.

The package combines two of Congress’ 12 annual appropriations bills in what’s called a ‘minibus.’ It covers funding for the State Department and related national security, as well as federal financial services and general government operations.

The bill passed with overwhelming bipartisan support in a 341-79 vote.

Glaring questions still remain, however, over funding for the Department of Homeland Security (DHS) as progressives threaten to withhold support from any such bill unless it’s paired with significant reforms to Immigration and Customs Enforcement (ICE).

The push comes from the left in response to an ICE agent shooting 37-year-old Renee Nicole Good, a U.S. citizen who was driving her car when it made physical contact with a law enforcement official who then fatally shot her.

Partisan divisions have erupted over the narrative, with GOP officials like DHS Secretary Kristi Noem saying the agent acted in self-defense, while Democrats on Capitol Hill have called for criminal investigations.

DHS funding was initially expected to be part of this minibus, but House Appropriations Committee Chairman Tom Cole, R-Okla., told reporters earlier this week he would like to see the bill as part of the final package that’s also expected to include funding for the Department of War, Department of Transportation, Department of Labor, the Education Department and Health and Human Services, among others.

But the top Democrat on the panel, Rep. Rosa DeLauro, D-Conn., told reporters Tuesday she wanted to see DHS funding as a separate bill.

‘It’s got to be by itself,’ DeLauro said. ‘It’s got to be separate.’

Meanwhile, the Congressional Progressive Caucus is formally threatening to oppose any DHS funding that does not change immigration enforcement policy, Rep. Ilhan Omar, D-Minn., announced.

‘Our caucus members will oppose all funding for immigration enforcement in any appropriation bills until meaningful reforms are enacted to end militarized policing practices. We cannot, and we should not continue to fund agencies that operate with impunity,’ she told reporters.

But the bill that passed Wednesday did so with wide bipartisan support, as expected.

All federal spending bills after last year’s government shutdown are a product of bipartisan discussions between the House and Senate.

The recent package totals just over $76 billion in federal funds and is now headed to the Senate for its approval before reaching President Donald Trump’s desk.

The State Department and national security bill includes $850 million for an ‘America First Opportunity Fund,’ aimed at giving the secretary of state funding to respond to potential unforeseen circumstances.

Both Republicans and Democrats touted different victories in the legislation, with a summary by House Appropriations Committee Republicans stating the bill supports ‘President Trump’s America First foreign policy by eliminating wasteful spending on DEI or woke programming, climate change mandates, and divisive gender ideologies.’

Democrats said the bill ‘supports women globally’ by ‘protecting funding for bilateral family planning and the United Nations Population Fund (UNFPA)’ and pointed to $6.8 billion for a new account ‘that supports the activities previously funded under Development Assistance.’ 

The bill also provides millions in security assistance for Israel and Taiwan, among other global partners across the world.

The latter bill provides just over $13 billion for the U.S. Treasury for the remainder of fiscal year 2026, while also including a provision that stops the IRS ‘from targeting individuals or groups for exercising their First Amendment rights or ideological beliefs,’ according to Republicans.

It also provides $872 million for the Executive Office of the President and $9.69 billion in discretionary funding for the Federal Judiciary.

Across the Capitol, the Senate is expected to vote on and pass the previous three-bill funding package on Thursday before leaving Washington, D.C., for a weeklong recess.

Neither side appears willing to thrust the government into another shutdown, with Senate Democrats in particular viewing the package as an opportunity to fund several of their priorities. But there is a growing consensus that a short-term funding patch will be needed to allow lawmakers to finish work on the thornier DHS bill.

‘Homeland is obviously the hardest one, and it’s possible that, if we can’t get agreement, that there could be some sort of CR that funds some of these bills into next year,’ Senate Majority Leader John Thune, R-S.D., said.

Still, bipartisan funding talks are still happening, a stark departure from the last government funding deadline in October. But lawmakers in the upper chamber won’t be able to tackle the two-bill package until they return toward the end of the month.

This post appeared first on FOX NEWS

Several federal prosecutors in Minnesota were formally fired on Wednesday after they gave notice that they had resigned in the wake of internal disagreements over the Justice Department’s handling of a shooting investigation involving Immigration and Customs Enforcement.

The DOJ, at the direction of Attorney General Pam Bondi and Deputy Attorney General Todd Blanche, terminated the employment of five prosecutors in the U.S. attorney’s office in Minnesota, including Joseph Thompson, the No. 2 official there,according to two sources familiar with the matter.

Their resignations and the internal disputes about the shooting probe first surfaced in the New York Times. The prosecutors were positioned to receive paid leave for months prior to their firings on Wednesday,according to the sources.

Thompson was spearheading a massive, high-profile investigation into welfare fraud in the state before he submitted his resignation. His exit came after he clashed with officials in Washington, D.C., over the investigation into the ICE shooting, which left 37-year-old Renee Good dead. Fox News Digital reached out to the U.S. Attorney’s Office in Minnesota in an effort to reach Thompson for comment.

Thompson had expressed during a call with DOJ and FBI officials last week that he was on board with investigating the ICE shooting as an assault on or obstruction of a law enforcement officer, a source familiar with the call told Fox News Digital.

Another one of the fired prosecutors, Melinda Williams, who was also involved in the fraud work, was on the call as well, the source said.

Thompson also indicated that he believed the shooting was justified, two sources said. Prior to the shooting, he had already been discussing the possibility of resigning, the sources said.

Videos of the shooting showed an ICE agent opening fire on Good at close range after she was seen accelerating toward the agent in her vehicle while he was standing in front of it. Critics have argued that the agent improperly used deadly force against Good and that she had turned the wheels of her vehicle away from the agent before accelerating.

The FBI is investigating the incident and has excluded Minnesota prosecutors from the probe, which the Trump administration has said is justified because the incident involved a federal officer. Minnesota leaders have denounced that decision and launched their own parallel investigation.

While supportive of conducting the investigation as an offensive against law enforcement — rather than a civil rights matter against the agent — Thompson had reservations during last week’s call about the DOJ’s plan to also investigate Good’s widow and other possible co-conspirators, the source familiar with the call said.

The FBI had developed evidence that suggested Good and her spouse had at some point been following ICE officers on the day of the shooting, the source said.

That revelation echoes Homeland Security Secretary Kristi Noem’s allegations during a recent press conference that Good had been ‘stalking and impeding’ ICE throughout the day of the shooting. Noem said Good ‘weaponized’ her vehicle and that the ICE agent who fired shots feared for his life.

In a statement to Minnesota Public Radio, Good’s spouse, Becca, said that on Jan. 7, the day of the shooting, she and Renee ‘stopped to support [their] neighbors.’

‘We had whistles. They had guns,’ Becca Good said.

Minneapolis Mayor Jacob Frey and other Democrats have lauded the prosecutors who resigned, framing their departures as a valiant boycott against DOJ.

‘These prosecutors are heroes, and the people pushing to prosecute Renee’s widow are monsters,’ Frey wrote on X.

At this stage, there is no sign that the DOJ is planning to bring charges against Becca Good, despite the DOJ and FBI pursuing an investigation into her as part of a broader probe into any conspiracies to hinder federal law enforcement operations.

Fox News Digital reached out to the DOJ for comment.

David Spunt contributed to this report.

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Republican Sen. Lindsey Graham of South Carolina declared in a Wednesday post on X that the U.S. should utilize ‘any means necessary’ to stop the individuals ‘responsible for killing’ Iranians.

‘People often ask me what should we do next when it comes to the murderous, religious Nazi regime in Iran. It’s pretty simple. Stand by the protesters demanding an end to their oppression. But it’s going to take more than standing by them. We must stop those who are responsible for killing the people by any means necessary ASAP. Make The Iranian People Safe Again,’ the hawkish lawmaker said in the post on X.

Protesters in the Islamic Republic of Iran have been met with a deadly crackdown.

‘We have been informed by very important sources on the other side, and they’ve said the killing has stopped and the executions won’t take place,’ President Donald Trump said on Wednesday afternoon, noting, ‘we’ve been told on good authority. And I hope it’s true.’

But in a Wednesday night post on X, Graham said, ‘Every indication that I’ve seen says that the Iranian regime’s killing of protestors is still very much in full swing. The death toll is mounting by the hour. Hoping that help is on the way.’

President Trump has been declaring his support for Iranian dissidents and promising that help is coming.

‘Iranian Patriots, KEEP PROTESTING – TAKE OVER YOUR INSTITUTIONS!!! Save the names of the killers and abusers. They will pay a big price. I have cancelled all meetings with Iranian Officials until the senseless killing of protesters STOPS. HELP IS ON ITS WAY. MIGA!!!’ the U.S. commander in chief declared in a Tuesday Truth Social post, using an acronym to abbreviate the phrase ‘Make Iran Great Again.’

Graham, an advocate for U.S. intervention against the Iranian regime, shared a screenshot of the president’s post and discussed the issue.

‘The tipping point of this long journey will be President Trump’s resolve. No boots on the ground, but unleashing holy hell — as he promised — on the regime that has trampled every red line. A massive wave of military, cyber and psychological attacks is the meat and bones of ‘help is on the way,’’ Graham declared in the post.

‘What am I looking for? Destroy the infrastructure that allows the massacre and slaughter of the Iranian people, and take down the leaders responsible for the killing,’ he noted.

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Japanese Prime Minister Sanae Takaichi plans to dissolve Parliament’s powerful lower house as early as this month, setting up a snap election aimed at securing voter backing for her agenda while her approval ratings remain high, a senior party official said.

The Associated Press reported that the move would allow Takaichi to seek fresh support for her economic and security priorities at a time when her scandal-tainted party and a new coalition partner hold only a slim majority in Japan’s legislature.

Takaichi made history in October when she was elected as Japan’s first female prime minister.

Described by some Japanese and international media as an ultraconservative, hard-line figure, Takaichi has backed strengthening Japan’s defense posture, emerged as a vocal China hawk and supported constitutional revisions to expand the role of the Self-Defense Forces.

Calling a snap election could allow Takaichi to capitalize on approval ratings of about 70% and help her Liberal Democratic Party gain additional seats in Parliament.

Shunichi Suzuki, secretary general of the ruling Liberal Democratic Party, told reporters that Takaichi informed him and other senior officials of her intention to dissolve the lower house ‘soon’ after it convenes Jan. 23.

Suzuki said no date has been set for dissolving the chamber or holding a snap election, adding that Takaichi plans to outline her strategy at a news conference Monday.

Takaichi’s scandal-tainted LDP and its coalition hold only a narrow majority in the lower house, Parliament’s more powerful chamber, after losses in the 2024 election.

By calling an early vote, Takaichi appears to be aiming to expand her party’s share of seats and strengthen its position alongside a new junior coalition partner.

Opposition lawmakers criticized the plan as self-serving, saying it would delay urgent parliamentary debate over the national budget, which must be approved quickly.

Echoing Suzuki’s comments, media reports have said Takaichi plans to dissolve the lower house on Jan. 23, the opening day of this year’s ordinary parliamentary session, potentially setting the stage for a snap election as early as Feb. 8.

Takaichi is seeking voter backing for her agenda, including ‘proactive’ fiscal spending and an accelerated military buildup under a new coalition with the Japan Innovation Party, Suzuki said.

The conservative Japan Innovation Party joined the ruling bloc after the centrist Komeito party withdrew, citing disagreements over Takaichi’s ideological positions and her approach to anti-corruption reforms.

Takaichi met Wednesday with Suzuki and other coalition leaders after holding talks in Nara with South Korean President Lee Jae Myung at a summit aimed at strengthening bilateral ties. The meetings came as she faces rising trade and political tensions with China following remarks on Taiwan that angered Beijing days after she took office.

Winning a snap election would also make it easier for Takaichi and her governing bloc to pass a budget and advance other legislation.

Her Cabinet approved a record 122.3 trillion yen ($770 billion) budget in late December that must clear Parliament before the fiscal year begins in April. The plan includes measures to fight inflation, support low-income households and boost economic growth.

Known for her hawkish and nationalistic views and her ultra-conservative positions on social issues, including gender and sexual diversity, Takaichi is seeking to reclaim conservative voters drawn to emerging populist parties in recent elections.

The Associated Press contributed to this report.

This post appeared first on FOX NEWS

Golconda Gold Ltd. (‘Golconda Gold’ or the ‘Company’) (TSX-V: GG; OTCQB: GGGOF) is pleased to announce that Alan Linden has been appointed as the General Manager of the Corporation’s Summit mine, located in New Mexico, United States.

Alan Linden has over 35 years’ experience as a Mining Engineer and Project Manager with a focus on underground mining and mine restart and expansion projects. Most recently working for a large multi-national mining contractor, Alan has spent the majority of his career working in the United States and Canada and will be based at the Summit mine. Alan is a Professional Engineer and has a Mining Engineering degree from Queens University in Ontario, Canada.

‘I am very pleased to welcome Alan as the General Manager of our Summit mine, which we are targeting a re-start of in the second quarter of 2026. Alan’s extensive experience in underground mining and project restarts and expansions will be invaluable to the Company as we start up operations at Summit. We are excited about the commencement of production at Summit, bringing a second operating asset in a tier 1 jurisdiction into the Company and adding significant exposure to silver going forward’ commented Ravi Sood, Chief Executive Officer of Golconda Gold.

About Golconda Gold

Golconda Gold is an un-hedged gold producer and explorer with mining operations and exploration tenements in South Africa and New Mexico. Golconda Gold is a public company and its shares are quoted on the TSX Venture Exchange under the symbol ‘GG’ and the OTCQB under the symbol ‘GGGOF’. Golconda Gold’s management team is comprised of senior mining professionals with extensive experience in managing mining and processing operations and large-scale exploration programmes. Golconda Gold is committed to operating at the highest standards, focused on the safety of its employees, respecting the environment, and contributing to the communities in which it operates.

Cautionary Notes

Certain statements contained in this press release constitute ‘forward-looking statements’. All statements other than statements of historical fact contained in this press release, including, without limitation, those statements regarding the Company’s intention to restart the Summit mine in the second quarter of 2026, the Company’s expected exposure to silver, and the Company’s future financial position and results of operations, strategy, proposed acquisitions, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words ‘believe’, ‘expect’, ‘aim’, ‘intend’, ‘plan’, ‘continue’, ‘will’, ‘may’, ‘would’, ‘anticipate’, ‘estimate’, ‘forecast’, ‘predict’, ‘project’, ‘seek’, ‘should’ or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements.

Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to the risk factors discussed in the Company’s management’s discussion and analysis for the year ended December 31, 2024. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.

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.

For further information please contact:
Ravi Sood
CEO, Golconda Gold Ltd.
+1 (647) 987-7663
ravi@golcondagold.com
www.golcondagold.com

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