Archive

April 2025

Browsing

Here’s a quick recap of the crypto landscape for Wednesday (April 23) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$93,529.14 as markets closed for the day, up 2.2 percent in 24 hours. The day’s range has seen a low of US$92,078.75 and a high of US$94,122.31.

Bitcoin performance, April 23, 2025.

Chart via TradingView.

Fueledby the re-entry of institutional investment, the crypto markets appear to be headed towards a robust recovery; however, the long-term trajectory remains to be seen.

Ethereum (ETH) ended the day at US$1,785.14, a 5.2 percent increase over the past 24 hours. The cryptocurrency reached an intraday low of US$1,767.67 and a high of US$1,815.24.

Altcoin price update

  • Solana (SOL) ended the day valued at US$150.05, up four percent over 24 hours. SOL experienced a low of US$149.31 and peaked at $153.47.
  • XRP traded at US$2.22, reflecting a three percent increase over 24 hours. The cryptocurrency recorded an intraday low of US$2.20 and reached its highest point at US$2.29.
  • Sui (SUI) was priced at US$2.98, showing an increaseof 21 percent over the past 24 hours. It achieved a daily low of US$2.89 and a high of US$3.06.
  • Cardano (ADA) was trading at US$0.6981, up 6.3 percent over the past 24 hours. Its lowest price on Wednesday was US$0.6873, with a high of US$0.7138.

Today’s crypto news to know

Riot Platforms secures US$100 million credit facility backed by Bitcoin

Riot Platforms (NASDAQ:RIOT) secured a US$100 million credit facility from Coinbase (NASDAQ:COIN) on Wednesday (April 23), using a massive Bitcoin stockpile as collateral.

Data from Bitcoin Treasuries indicates that Riot holds 19,223 BTC valued at approximately US$1.8 billion, making the company the third-largest corporate Bitcoin treasury behind Michael Saylor’s Strategy and MARA Holdings.

“Riot has entered into its first bitcoin-backed facility, which provides us with non-dilutive funding at an attractive cost of financing,” said Jason Les, CEO of Riot, in a press release. “This credit facility is a key part of our efforts to diversify sources of financing to support our operations and strategic growth initiatives, with a view towards long-term stockholder value creation.”

Brandon Lutnick forms new Bitcoin investment vehicle

Brandon Lutnick, son of US Commerce Secretary and former Cantor Fitzgerald Chairman Howard Lutnick, will launch a listed Bitcoin investment vehicle through a reverse merger with Cantor Equity Partners, a special purpose acquisition company (SPAC). This is according to a Tuesday (April 22) report by the Financial Times (FT).

The newly-established entity, purportedly named Twenty One Capital, will be led by co-founder Jack Mallers, the CEO of Bitcoin-focused payments app Strike, and majority owned by Tether (USDT) and cryptocurrency exchange Bitfinex. SoftBank (TSE:9984, OTCPINK:SOBKY) will also own a ‘significant minority’ stake. Sources for FT say Tether will contribute at least US$1.5 billion worth of Bitcoin.

The company will also raise US$385 million through a convertible bond and US$200 million via a private equity placement, which will be used to acquire more Bitcoin. Eventually, SoftBank, Tether and Bitfinex’s investments will be converted from Bitcoin into shares in Twenty One Capital, with a price of US$13 per share for the private placement and US$10 per share for the convertible bond.

According to the report, Twenty One Capital will launch with 42,000 BTC, making it the world’s third-largest Bitcoin reserve. “With a visionary leader at the helm and backing from two renowned industry leaders, Twenty One is designed to help investors capture value from Bitcoin’s growing global demand and increasing institutional adoption,” Lutnick said in a press release on Wednesday. The deal values the new company at US$3.6 billion based on an approximate US$85,000 Bitcoin valuation. As of writing, Bitcoin is valued at US$93,808.31.

Trump to Host Exclusive Dinner for $TRUMP Token Holders

Lauded as “the most exclusive invitation in the world”, US President Donald Trump will host a dinner for the top 220 holders of his $TRUMP token in Washington, D.C. on May 22. News of the event, which was announced on the memecoin’s official website, sent $TRUMP’s valuation up by over 55 percent in under an hour. $TRUMP reached US$14.44 at around midday on April 23, its highest valuation since mid-February. As of writing, $TRUMP is valued at US$13.46.

Top token holders are required to link their wallets for holding verification. The top 25 holders will gather for a private reception with the President before dinner.

Around 40 million $TRUMP tokens, or roughly 20 percent of the tokens’ circulating supply, were unlocked on April 17, valued slightly above US$300 million at the time. $TRUMP reached an all-time high of US$75.35 on January 19, according to data from CoinMarket Cap. This was followed by an abrupt reversal and steady decline in Q1 to valuations between US$9 – US$7 in April.

Bitcoin ETFs see US$936 million in daily inflows

US-listed spot Bitcoin exchange-traded funds (ETFs) recorded their strongest day of inflows since January, pulling in a combined US$936 million on Tuesday (April 22) across 10 issuers.

Leading the charge were Ark & 21Shares with US$267.1 million, Fidelity’s FBTC with US$253.8 million and BlackRock’s IBIT, which added US$193.5 million.

Over the past three days, total net inflows into Bitcoin ETFs have surpassed $1.4 billion, signaling renewed institutional confidence in crypto markets. Analysts attribute the momentum to persistent inflation, a weakening US dollar and growing fears over geopolitical instability, prompting investors to turn to Bitcoin as a hedge.

While still volatile, Bitcoin is increasingly being framed as “digital gold,” with ETF flows suggesting it’s becoming a staple in diversified portfolios. This week’s influx also reflects optimism that regulatory conditions are maturing, particularly in the US, where ETFs are rapidly gaining legitimacy among mainstream investors.

Bitcoin becomes fifth largest global asset, overtakes Google

Bitcoin has climbed to a market capitalization of US$1.86 trillion, overtaking Alphabet (NASDAQ:GOOGL) to become the world’s fifth-largest asset by market value. The price of Bitcoin surged past US$94,000, helped by easing trade tensions between the US and China and renewed bullish sentiment across tech and risk-on assets.

This marks a symbolic milestone for the cryptocurrency, which has now outpaced several of the world’s most valuable tech giants. Analysts point to Bitcoin’s increasing correlation with macroeconomic tailwinds — such as falling bond yields and speculative interest in risk assets — as drivers of the recent price action.

Its breakout relative to the Nasdaq also suggests growing investor confidence in crypto as a parallel to tech. If Bitcoin maintains this trajectory, some believe it could soon challenge silver’s position as the fourth-largest global asset.

Trump backs crypto regulation, Trump Media eyes retail crypto products

During a public appearance, US President Donald Trump called for regulatory certainty in the crypto industry and vowed to provide ‘clear rules of the road’ for digital asset innovation.

His statement coincided with Trump Media & Technology Group’s announcement that it will partner with Crypto.com and Yorkville America Digital to launch retail investment products, including crypto-focused ETFs aligned with Trump’s “America First” platform. The planned offerings aim to capitalize on the president’s growing presence in the digital asset space following prior ventures like Trump NFTs and crypto-affiliated partnerships.

While no official ETF filings have been submitted yet, the initiative signals Trump’s commitment to making crypto a policy priority as part of his economic strategy.

Tesla reports US$951 million in Bitcoin holdings despite earnings miss

Tesla (NASDAQ:TSLA) revealed it continues to hold $951 million worth of Bitcoin on its balance sheet, despite posting weaker-than-expected quarterly revenue of US$19.34 billion.

The automaker’s Bitcoin holdings, totaling 11,509 BTC, remained unchanged during the quarter, with no buy or sell activity recorded. This comes as Bitcoin’s price dipped from late December highs, impacting Tesla’s valuation of its digital asset portfolio under the new Financial Accounting Standards Board rules.

These rules now require corporations to mark digital assets to market on a quarterly basis, increasing transparency but also exposing earnings to crypto market volatility. Tesla’s crypto exposure, while relatively small compared to its core business, still makes it one of the top public holders of Bitcoin globally.

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

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

Keep reading…Show less
This post appeared first on investingnews.com

Equity Insider News Commentary

Issued on behalf of Rua Gold Inc.

Equity Insider News Commentary Despite the hyperactivity in the markets and with gold prices, analysts at JP Morgan are still predicting $4,000 oz gold prices by Q2 2026 . And the optimism for gold bugs doesn’t end there, as a new report from Morningstar Equity Research is highlighting how these high gold prices support gold miner stocks. Now analysts from Jefferies are raising their price targets for gold mining stocks ahead of upcoming earnings reports. Several gold stocks are providing reason for their recent market attention, including developments from Rua Gold Inc. (TSXV: RUA) (OTCQB: NZAUF), Contango Ore Inc. (NYSE-American: CTGO), Prime Mining Corp. (TSX: PRYM) (OTCQX: PRMNF), Troilus Gold Corp. (TSX: TLG) (OTCQX: CHXMF), and Goliath Resources Limited (TSXV: GOT) (OTCQB: GOTRF).

Seen as a safe haven, demand for the precious metal is on the rise along with prices themselves. As far as miners go, one can look to the ETFs to see that both the VanEck Junior Gold Miners ETF (GDXJ) and Sprott Junior Gold Miners ETF (SGDJ) have had a stellar 2025 so far, with +44.80% and +39.58% year-to-date performance respectively (as of April 24, 2025 ).

New Zealand -focused gold exploration company, Rua Gold Inc. (TSXV: RUA) (OTCQB: NZAUF) , recently reported encouraging new drill results from its Auld Creek project in the historic Reefton Goldfield, with assays pointing to improved gold grades at depth along the Fraternal ore shoot. Standout intercepts include 9.0 meters at 5.9 g/t gold equivalent (5.2 g/t Au and 0.16% Sb) from hole ACDDH027, and 1.25 meters at 48.3 g/t AuEq (13.3 g/t Au and 8.1% Sb) from ACDDH028. Importantly, these results—returned from 80 to 100 meters beneath the current resource envelope—appear to confirm that gold-antimony mineralization intensifies with depth, supporting the company’s model of a high-grade, south-plunging zone that remains open.

The Auld Creek project represents just one component of RUA’s broader 2025 exploration push across the Reefton district, where the company now holds 95% control over the historic goldfield.

Infographic – https://mma.prnewswire.com/media/2673500/Equity_Insider.jpg

RUA Gold is taking a fresh approach to one of New Zealand’s most storied gold districts—becoming the first modern explorer to deploy advanced geological modeling and AI-driven targeting across the Reefton Goldfield.

And it’s working.

At Auld Creek, the company’s flagship project, early drill campaigns have already delivered hits like 12 meters at 12.2 g/t gold equivalent, including a standout 2 meters at 54.8 g/t gold, while surface sampling has uncovered antimony grades topping 40%. Four mineralized shoots have been confirmed so far, but only two are factored into the current inferred resource: 700,000 tonnes grading 3.1 g/t gold and 1.1% antimony—suggesting considerable room to grow.

Meanwhile, the 2025 drill season is expanding across the district.

Active programs are now underway at Murray Creek and the Gallant prospect within the Cumberland camp. As a target prioritized by modern AI technology, Gallant sits just 3 kilometers from the historic Globe Progress mine, where OceanaGold pulled more than 610,000 ounces of gold between 2007 and 2016, on top of the 424,000 ounces produced before 1950. Taken together, the Reefton belt has historically yielded over 2 million ounces, with grades that once reached 50 g/t.

Gallant is being tested for potential extensions of a previously reported 20.7-meter vein grading 62.2 g/t gold, including a 1-meter blast of 1,911 g/t. At Murray Creek, visible gold has now been noted in the majority of holes—an encouraging sign for a system still in its early innings.

But RUA’s ambitions don’t end in Reefton.

On the North Island, the company is advancing its Glamorgan Project , located near OceanaGold’s Wharekirauponga (WKP) deposit. There, two large gold-arsenic anomalies—spanning more than 4 kilometers—have been mapped, and rock samples have returned assays as high as 43 g/t gold. With drill targeting already underway, Glamorgan could emerge as the company’s next high-impact play.

Although gold remains the central theme, antimony is quietly shaping up as a strategic wild card . In January 2025 , New Zealand added antimony to its official Critical Minerals List . With global supplies tightening and prices rising above US$50,000 per tonne , intercepts like 0.3 meters at 27.2 g/t gold and 1.35% Sb are starting to draw meaningful investor attention.

With a team behind $11 billion in mining exits , and $5.75 million in fresh capital, Rua Gold is not just exploring—it’s executing on a clear plan to unlock overlooked, high-grade potential across one of the Southern Hemisphere’s most underexplored gold belts.

CONTINUED… Read this and more news for Rua Gold at: https://equity-insider.com/2025/04/24/others-found-1911-g-t-here-before-now-a-proven-11b-mining-team-is-back-to-finish-the-job/

In other industry developments and happenings in the market include:

Contango Ore Inc. (NYSE-American: CTGO) recently announced a $9 million cash distribution from the Peak Gold JV , bringing total proceeds from Manh Choh gold sales in 2025 to $33 million .

‘Operations remain on track at Manh Choh with Contango’s share of gold production for 2025 expected to be 60,000 ounces at the previously guided all-in-sustaining costs (‘AISC’) of $1,625 per ounce of gold sold for 2025,’ Rick Van Nieuwenhuyse , President and CEO of Contango Ore . ‘We plan to release financial results from the Q1-2025 on May 14, 2025 .’

The first of four production campaigns has now been completed, with 20,000 ounces delivered to Contango’s account. A second campaign is scheduled to begin mid-May, with full-year production guidance holding at 60,000 ounces.

‘On our Johnson Tract, we are in final stages of completing the previously announced preliminary economic assessment(‘ PEA’) and expect to have it released by the end of April,’ added Van Nieuwenhuyse .

Prime Mining Corp. (TSX: PRYM) (OTCQX: PRMNF) continues to advance its Los Reyes Project in Sinaloa, Mexico , with high-grade gold-silver intercepts from multiple zones, including Z-T, Central, Guadalupe East, Las Primas, and Fresnillo . Recent drilling highlights included 42.07 g/t AuEq over 1.0 m at Guadalupe East and 9.39 g/t AuEq over 10.5 m at Z-T, while new results from the Fresnillo generative target show near-surface mineralization extended by 120 metres .

‘2024 proved to be another transformational year for Prime: we drilled over 50,000 metres, expanded the Los Reyes resource, advanced technical de-risking and worked closely with our communities to earn our social license to operate,’ said Scott Hicks , CEO of Prime . ‘In 2025, we are looking forward to continuing our track record of exploration success while demonstrating our deep commitment to our local communities and the environment. We additionally plan to advance our understanding of Los Reyes toward a Preliminary Economic Assessment.’

Troilus Gold Corp. (TSX: TLG) (OTCQX: CHXMF) recently signed a mandate letter with a syndicate of global financial institutions, including Societe Generale , KfW IPEX-Bank , and Export Development Canada , to arrange up to US$700 million in structured project debt financing. This follows US$1.3 billion in previously announced LOIs from export credit agencies and marks a major step toward a fully funded construction package.

‘Securing this mandate with three globally recognized financial institutions that have expertise in structuring financing solutions for large-scale mining development is a pivotal step in delivering a fully funded construction package for the Troilus project,’ said Justin Reid , CEO of Troilus . ‘These institutions bring world-class mining finance expertise, and their participation further validates the project’s strong fundamentals and strategic importance. Project due diligence is underway in parallel with continued permitting and detailed engineering; our development schedule is on track as we advance Troilus towards construction.’

Goliath Resources Limited (TSXV: GOT) (OTCQB: GOTRF) recently definitively confirmed its Surebet discovery as part of a large-scale, high-grade Reduced Intrusion Related Gold (RIRG) system, following a detailed geological study by the Colorado School of Mines . The study confirms two distinct but related mineralization styles tied to a single magmatic source, with visible gold increasing in grade and coarseness at depth.

Drilling has intercepted gold in 100% of 243 holes across a 1.8 km² area, including intercepts of 34.52 g/t AuEq over 39.0 meters. With the system still open in all directions, Surebet presents a compelling case for a major gold discovery in the heart of British Columbia’s Golden Triangle.

‘When you consider how widespread the high-grade gold mineralization is in the veins and RIRG zones, the source is potentially extremely large,’ said Roger Rosmus , Founder and CEO of Goliath Resources . ‘The more drilling and scientific studies we do at the Surebet discovery, the better it gets, and we are still high in the system that is open in all directions, and we are delighted with the prospect with what can be found as we continue to laterally and drill deeper for the source of the high-grade gold system.’

Article Source: https://equity-insider.com/2025/04/24/others-found-1911-g-t-here-before-now-a-proven-11b-mining-team-is-back-to-finish-the-job/

CONTACT:

Equity Insider
info@equity-insider.com
(604) 265-2873

DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. (‘MIQ’). This article is being distributed for Baystreet.ca media corp, who has been paid a fee for an advertising contract with Rua Gold Inc. ( forty five thousand dollars Canadian for a three month contract subject to the terms and conditions of the agreement from the company direct). MIQ has not been paid a fee for Rua Gold Inc. advertising or digital media, but the owner/operators of MIQ also co-owns Baystreet.ca Media Corp. (‘BAY’) There may also be 3rd parties who may have shares of Rua Gold Inc. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ/BAY does not own any shares of Rua Gold Inc. but reserve the right to buy and sell, and will buy and sell shares of Rua Gold Inc. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ on behalf of BAY has been approved by Rua Gold Inc. Technical information relating to Rua Gold Inc. has been reviewed and approved by Simon Henderson , CP, AUSIMM, a Qualified Person as defined by National Instrument 43-101. Mr. Henderson is Chief Operational Officer of Rua Gold Inc., and therefore is not independent of the Company; this is a paid advertisement, we currently do not own any shares of Rua Gold Inc. but will likely buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles.

While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

Logo – https://mma.prnewswire.com/media/2644233/5287357/Equity_Insider_Logo.jpg

View original content to download multimedia: https://www.prnewswire.com/news-releases/4-000-gold-on-the-horizon-why-smart-money-is-piling-into-select-miners-ahead-of-q2-2026–302438472.html

SOURCE Equity Insider

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/April2025/25/c3754.html

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

(TheNewswire)

DR. QUINTON HENNIGH TECHNICAL ADVISOR

Vancouver, British Columbia TheNewswire – April 25 th, 2025 Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the ‘Company’ or ‘Juggernaut’), further to its April 14 th and April 23 rd 2025, news releases, the Company is pleased to announce a further increase in its non-brokered financing of up to $9,557,000. Juggernaut welcomes this strategic investment from Crescat Capital Funds LLC (‘Crescat’) and technical support from Dr Quinton Hennigh. Juggernaut’s Big One Project is garnering strong interest and support from leading institutions and miners globally, confirming the quality of the newly discovered 11 km Highway of Gold surrounding the Eldorado porphyry system on the Big One property. The exciting discovery is in an area of glacial and snowpack abatement next door to the gold-rich porphyry systems at Newmont Mining’s Galore Creek. The Big One Property is a discovery previously announced Jan 20 th (Click Link) with assays up to 79.01 gt gold (2.54 ozt gold) and 3157.89 gt silver (101.5 ozt silver) from over 200 gold-silver-copper rich polymetallic veins up to 8 m wide and striking for up to 500 m that all remain open at surface. The Big One Project covers 33,693 hectares in a world-class geologic terrane with tremendous additional discovery potential in the heart of the Golden Triangle, British Columbia.

Dr. Quinton Hennigh has taken on the role of special technical advisor to the Company. He is the technical consultant for all Crescat’s gold and silver mining investments. Dr. Hennigh is a world-renowned exploration geologist with over 40 years of experience with major gold mining firms, Homestake Mining, Newcrest Mining, Newmont Mining, and Kirkland Lake/Fosterville. In just the last five years, Dr. Hennigh was instrumental in several material discoveries, including Goliath / Surebet, Newfound / Queensway, SCM / Isidorito, Eloro / Iska Iska, Snowline / Valley, Sitka / RC Gold Project, and Tectonic / Flat.

Dr. Hennigh stated , ‘The Big One gold-silver project has a very similar feel to Goliath’s Surebet gold discovery. To date, reconnaissance prospecting and sampling conducted by Juggernaut’s exploration team have identified a multitude of multi-meter thick quartz-sulfide veins, many of which have yielded +oz per tonne Au and multi-oz per tonne Ag assays. Early indications suggest there is a genetic association of veins with late-stage magmatism in the area, an association seen at Surebet. This season, Juggernaut has a clear mandate to follow up on these results with detailed mapping and channel sampling, much like Goliath did during the early days of the Surebet discovery. The Company’s mission is to get as many targets as possible ready for drill testing either late season or for 2026. I am very eager to see if a new ‘Surebet’ type discovery is in hand.

View Juggernaut videos by Clicking Here .

The charity flow-through funding will now consist of up to 9,160,000 charity flow-through units (‘CFT Units’), priced at $0.825 each, for gross proceeds of up to $7,557,000. Each CFT Unit will consist of one charity flow-through common share plus one warrant to purchase one non-flow-through common share at $0.75 for a sixty-month period with a forced accelerated conversion after 10 consecutive trading days at or above $1.50, callable at management’s discretion.

Juggernaut is concurrently raising up to 4,000,000 hard dollar units priced at $0.50 each for gross proceeds of up to $2,000,000. Each hard dollar unit will consist of one common share plus one warrant at $0.75 for a sixty-month period with a forced accelerated conversion after 10 consecutive trading days at or above $1.50, callable at management’s discretion, upon completion of the charity flow-through and hard dollar financings for a combined total of $9,557,000, which is projected to close on or before May 15, 2025. The proceeds will be used to explore Juggernaut’s properties located in Northwestern B.C. and for general working capital.

‘Gold exploration is all about swinging for the fence. Persevering with a diversified portfolio of great management and technical teams with bold targets is the key. The cool thing about Juggernaut is that it has the same geologic team as the one behind Goliath Resources, where their Surebet gold discovery has already been a home run, based on personal experience. We are happy to invest in Juggernaut and this team. It’s time for Big One, which may be the best target yet for this company and team. We are eager to support them with capital for another at-bat.’ – Kevin Smith, CFA, Founder & CEO of Crescat Capital .

Directors and officers of the company may acquire securities under the placement, which participation would be a ‘related party transaction’ as defined under Multilateral Instrument 61-101 (‘MI 61-101’). Such participation is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.

Mr. Dan Stuart, Director, President, and CEO of Juggernaut, states:

‘We are pleased to strengthen our relationship, both with Crescat Capital as a strategic investor and Dr. Hennigh as a Special Technical Advisor and investor. I look forward to working with our partners who bring a proven track record of both financial and technical strength. This will enable Juggernaut to unlock the full potential of its assets over the long term, building value for all shareholders. This investment and strategic partnership, coupled with the ongoing support and interest from other globally recognized Institutions and senior miners, is a strong endorsement that clearly demonstrates the significant near-term discovery potential of our 100% controlled properties. Post financing, Juggernaut will have an extremely tight capital structure of just 30,025,297 shares, no debt, and a strong cash position of ~ $9,600,000. As such, we are well-positioned to move forward with our plans of drilling The Big One Discovery. With much anticipation, we look forward to executing the inaugural exploration program and reporting results.’

The Company may pay finder’s fees of the gross proceeds from the financing in cash, and compensation options on units being sold. This non-brokered private placement is subject to TSX Venture Exchange approval. All shares issued pursuant to this offering and any shares issued pursuant to the exercise of warrants will be subject to a four-month hold period from the closing date.

About Crescat Capital LLC

Crescat is a global macro asset management firm headquartered in Denver, Colorado. Crescat’s mission is to grow and protect wealth over the long term by deploying tactical investment themes based on proprietary value-driven equity and macro models. Crescat’s goal is industry-leading absolute and risk-adjusted returns over complete business cycles with low correlation to common benchmarks. Over the last several years, Crescat has been building activist stakes in a portfolio of precious metals explorers to express one of its primary macro themes. The company’s investment process involves a mix of asset classes and strategies to assist with each client’s unique needs and objectives, and includes Global Macro, Long/Short, Large Cap, and Precious Metals funds.

About Juggernaut Exploration Ltd.

Juggernaut Exploration Ltd. is an explorer and generator of precious metals projects in the prolific Golden Triangle of northwestern British Columbia. Its projects are in world-class geological settings and geopolitical safe jurisdictions amenable to Tier 1 mining in Canada. Juggernaut is a member and active supporter of CASERM, an organization representing a collaborative venture between the Colorado School of Mines and Virginia Tech. Juggernaut’s key strategic cornerstone shareholder is Crescat Capital.

For more information, please contact

Juggernaut Exploration Ltd.

Dan Stuart

President, Director, and Chief Executive Officer

604-559-8028

info@juggernautexploration.com

www.juggernautexploration.com

Qualified Person

Rein Turna P. Geo is the qualified person as defined by National Instrument 43-101, for Juggernaut Exploration projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release.

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.

FORWARD LOOKING STATEMENT

Certain disclosures in this release may constitute forward-looking statements that are subject to numerous risks and uncertainties relating to Juggernaut’s operations that may cause future results to differ materially from those expressed or implied by those forward-looking statements, including its ability to complete the contemplated private placement. Readers are cautioned not to place undue reliance on these statements.

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR AN INVITATION TO PURCHASE ANY SECURITIES DESCRIBED IN IT.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

South of the border, cooling rhetoric from the Trump administration led what turned out to be a relatively quiet news week.

Markets were volatile at the start of the week, however, after US President Donald Trump suggested on April 17 that Federal Reserve Chairman Jerome Powell’s “termination couldn’t come fast enough.”

The president softened his stance on Tuesday (April 22) when he said he had no intention of firing the head of the US central bank, but called him a “major loser.” Trump has been critical of Powell, saying that he has been slow to react to the markets in making rate cuts.

For his part, Powell has remained steadfast in waiting for more data before making decisions to tackle interest rates, most recently saying the Fed was taking its time to analyze the effect of tariffs imposed by the Trump administration.

This week, the president also implied that the high tariffs of 145 percent he implemented against China may come down in the future, although he said they would not be removed entirely. The comments helped to ease market tension on Tuesday, although he didn’t say when he would lower them.

However, economists believe that unless there is a substantial reduction to the 10 to 20 percent range, trade between the countries will not be normalized.

China said it was open to working out a deal, but not until the US remove all tariffs levied against Chinese imports. The Chinese foreign ministry also contradicted Trump’s statements that the two countries had been in negotiations.

As for Canada, Statistics Canada released its monthly mineral production survey for February on Tuesday.

The report showed that metallic mineral production was down from January. Copper production fell to 32.42 million kilograms from 34.1 million kilograms, gold production fell to 16,431 kilograms from 16,969 kilograms and silver production declined to 20,543 kilograms from 22,634 kilograms.

Shipments mostly increased compared to January’s figures. Copper rose to 29.23 million kilograms from 28.58 million kilograms and gold shipments increased to 15,328 kilograms from 14,751 kilograms. Silver saw the only decline, dropping to 16,592 kilograms from 17,227 kilograms.

Markets and commodities react

In Canada, the S&P/TSX Composite Index (INDEXTSI:OSPTX) gained 2.24 percent during the week to close at 24,710.51 on Friday (April 25), the S&P/TSX Venture Composite Index (INDEXTSI:JX) rose 2.25 percent to 653.82 and the CSE Composite Index (CSE:CSECOMP) surged 6.05 percent to 120.11.

US equity markets were highly volatile this week, but posted significant gains by close on Friday, with the S&P 500 (INDEXSP:INX) adding 5.67 percent to close at 5,525.22, the Nasdaq 100 (INDEXNASDAQ:NDX) gaining 7.82 percent to 19,432.56 and the Dow Jones Industrial Average (INDEXDJX:.DJI) rose 3.1 percent to 40,113.51.

The gold price climbed to a new high early in the week, touching the US$3,500 per ounce mark on Tuesday. However, by the end of the week it was in retreat, closing out Friday down 0.75 percent at US$3,307.54. The silver price went the opposite direction, rising 1.79 percent during the period to US$33.05.

In base metals, the COMEX copper price gained 3.16 percent over the week to US$4.89 per pound. Meanwhile, the S&P GSCI (INDEXSP:SPGSCI) fell 0.25 percent to close at 537.20.

Top Canadian mining stocks this week

So how did mining stocks perform against this backdrop?

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

Stock 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 capitalizations greater than C$10 million are included. Companies within the non-energy minerals and energy minerals sectors were considered.

1. Tag Oil (TSXV:TAO)

Weekly gain: 76.47 percent
Market cap: C$32.77 million
Share price: C$0.15

Tag Oil is an oil and gas development company working to advance assets in Egypt’s Badr oil field.

The oilfield was first discovered in 1982 and has seen significant production since that time. Tag has been focused on exploration of the Abu Roash formation, and according to a November 2022 report, has estimated that its BED-1 concession contains more than 531.5 million barrels of oil in place, and represents an opportunity for successful commercial development.

Shares in Tag gained this week after the company announced on Tuesday that it had closed the sale of its 2.5 percent gross overriding royalty interests on the Cheal, Cardiff, Sidewinder, Puka and Cheal East operations in New Zealand. The company received the royalties in 2018 when it sold the assets.

Under the terms of the sale, the company received US$2.2 million, with the possibility of an additional US$300,000 in milestone payments. Tag stated the sale allows it to reallocate its resources to advancing its core business in Egypt.

2. Critical One Energy (CSE:CRTL)

Weekly gain: 63.27 percent
Market cap: C$12.65 million
Share price: C$0.40

Critical One is a critical mineral and uranium exploration company working to advance projects in Canada and Namibia.

The company’s uranium projects are located in Namibia and consist of the Madison West and the Madison North projects. They are situated in a region that hosts two producing uranium mines, the China National Nuclear Power (SHA:601985) led Rössing mine and CGN Power’s (OTC Pink:CGNWF,HKEX:1816) Husab mine.

The Madison West site covers an area of 35 square kilometers and hosts four primary prospects, including ML121, which has geological similarities to the deposits found at Rössing. The Madison North site covers an area of 26.13 square kilometers and has seen 50 holes completed over 3,720 meters.

Critical One’s newest asset is the Howells Lake antimony-gold project located near Thunder Bay in Ontario, Canada. The site is composed of 697 claims covering an area of 13,991 hectares. According to the project page, a historic resource estimate shows 51 million pounds of contained antimony from 1.7 million metric tons of ore with an average grade of 1.7 percent antimony.

Multiple parties previously owned the property, and on January 13, Critical One announced it had entered into a definitive purchase and sale agreement with Bounty Gold and the other vendors to acquire 100 percent of the project.

The company has not released any project news in the last week.

3. Patagonia Gold (TSXV:PGDC)

Weekly gain: 55.56 percent
Market cap: C$32.55 million
Share price: C$0.07

Patagonia Gold is a precious metals production and development company primarily focused on advancing its Cap-Oeste and Calcatreu underground projects in Argentina.

Located in Santa Cruz province, Cap-Oeste hosted open-pit mining operations until 2018. While Patagonia is working on the exploration and development of the underground resource at the site, it has been able to recover gold and silver from residual leaching on site.

In Patagonia’s management discussion and analysis, released on November 29, it reported that it had produced 1,415 ounces of gold and 65,046 ounces of silver from Cap-Oeste during the first nine months of 2024.

According to the company’s website, a 2018 mineral resource estimate for Cap-Oeste reported measured and indicated values of 704,300 ounces of gold and 21.43 million ounces of silver from 10.56 million metric tons of ore with average grades of 2.07 grams per metric ton (g/t) gold and 63.2 g/t silver.

Acquired in a deal with Pan American Silver (NYSE:PAAS,TSX:PAAS) in 2017, the Calcatreu project is located in Argentina’s Rio Negro province and covers approximately 90,000 hectares. A 2018 mineral resource estimate for Calcatreu reported measured and indicated values of 669,000 ounces of gold and 6.28 million ounces of silver from 9.84 million metric tons of ore with average grades of 2.11 g/t gold and 19.8 g/t silver.

The most recent news from the company came on Tuesday when it announced it had increased its loan facility with Cantomi Capital to US$50 million from US$45 million with a maturity date of December 31, 2026. The company intends to use the additional funds to continue the development at Calcatreu.

4. Azincourt Energy (TSXV:AAZ)

Weekly gain: 50 percent
Market cap: C$11.23 million
Share price: C$0.03

Azincourt Energy is a uranium exploration and development company working to advance projects in Canada.

One of its main focuses in 2025 is the Snegamook uranium project in the Central Mineral Belt of Newfoundland and Labrador. In October 2024, the company signed an option agreement to acquire a 100 percent stake in the property from BR Corporation.

The belt contains multiple uranium deposits including Paladin Energy’s (TSX:PDN,ASX:PDN) Michelin deposit, which hosts a measured and indicated resource of 82.2 million pounds of U3O8.

The property consists of 17 claims covering an area of 423 hectares and hosts proven shallow uranium mineralization. Previous exploration work discovered 1.3 kilometers of uranium bearing strike.

The most recent news from the project came on March 25, when Azincourt announced it was planning its inaugural work program that would include up to 1,000 meters of initial diamond drilling to confirm and expand on known uranium mineralization.

Its other focus this year has been at its East Preston project in the Athabasca Basin in Saskatchewan. The site covers 20,647 hectares and is one of the largest landholdings in the region.

Azincourt announced on April 1 that it was planning a geophysical program at the property in the fall, and in the winter it may perform follow-up diamond drilling on clay alteration zones discovered at the site in 2023 and 2024.

5. Novagold (TSX:NG)

Weekly gain: 49.88 percent
Market cap: C$2.31 billion
Share price: C$6.18

Novagold is a development company working to bring its Donlin Gold asset into production. The property, located in West-central Alaska, US, is currently a 50/50 joint venture between Novagold and Barrick Gold (TSX:ABX,NYSE:GOLD).

According to a June 2021 technical report, the property hosts proven and probable reserves of 33.85 million ounces of gold from 504.81 million metric tons of ore with an average grade of 2.09 g/t gold.

The report also demonstrated an after tax net present value of US$3.04 billion with an internal rate of return of 9.2 percent over a payback period of 7.3 years, all of which is based on a gold price of US$1,500 per ounce.

On Tuesday, the company announced that it and Paulson Advisers had entered into a definitive agreement with Barrick Gold to acquire Barrick’s 50 percent interest in the project for US$1 billion, with Novagold purchasing 10 percent of it for US$200 million. Upon completion, Novagold’s stake will increase to 60 percent and Paulson Advisers will hold a 40 percent stake.

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 February 2025, there were 1,572 companies listed on the TSXV, 905 of which were mining companies. Comparatively, the TSX was home to 1,859 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.

Keep reading…Show less
This post appeared first on investingnews.com

It was quite a week for the gold price.

The yellow metal continued its record-breaking streak early in the period, touching the US$3,500 per ounce level for the first time, but then saw a sharp pullback, even dropping briefly below US$3,300.

What’s behind gold’s latest moves? Market watchers have pointed to US President Donald Trump’s comments about Federal Reserve Chair Jerome Powell as the trigger for its latest spike.

In a Truth Social post on Monday (April 21), Trump said there could be a ‘SLOWING of the economy’ unless Powell — who he referred to as ‘Mr. Too Late’ — lowers interest rates.

Trump has criticized Powell heavily in recent days, saying last week that his ‘termination cannot come fast enough!’ That statement reignited discussions on whether Trump is able to fire Powell — Powell has said it can’t be done, and there isn’t any precedent since no president has ever tried to oust a Fed chair.

For now, the tension has subsided — Trump walked back his harsh words about Powell on Tuesday (April 22), saying he doesn’t intend to fire him, but still wants to see rate cuts.

‘I have no intention of firing him. I would like to see him be a little more active in terms of his idea to lower interest rates’ — Trump

Bullet briefing — Barrick to sell Donlin stake, CMOC to buy Lumina

Barrick to sell Donlin stake

Barrick Gold (TSX:ABX,NYSE:GOLD) has reached an agreement to sell its 50 percent stake in the Donlin gold project to affiliates of Paulson Advisers and NOVAGOLD Resources (TSX:NG,NYSEAMERICAN:NG).

The major gold miner will sell its interest in Donlin for US$1 billion in cash, with Paulson providing US$800 million and NOVAGOLD contributing the other US$200 million. Once the deal closes, Paulson will have a 40 percent interest in Donlin, while NOVAGOLD’s stake in the asset will rise from 50 percent to 60 percent.

Barrick President and CEO Mark Bristow said Donlin is an asset that ‘might be better suited in the hands of others,’ adding that the company is exiting at an ‘attractive valuation.’

While Donlin is one of the world’s largest gold projects, it is located in Alaska where infrastructure is scarce. At the same time, Barrick is looking to hone in on tier-one assets and boost its copper exposure.

Thomas Kaplan, chair of NOVAGOLD, said in a conference call after the sale was announced that his company ‘did not see eye-to-eye on a couple of things’ with Barrick, including the timing for a feasibility study for Donlin and the amount of drilling to conduct at the property.

Paulson Advisers, a longtime NOVAGOLD shareholder, is chaired by John Paulson, who is known for betting against the housing market during the great financial crisis.

In an interview with Bloomberg this week, the American billionaire said gold is ‘moving to a new level of valuation’ as central banks continue to buy.

CMOC to acquire Lumina

In other gold M&A news, CMOC Group (OTC Pink:CMCLF,HKEX:3993,SHA:603993) has agreed to buy Lumina Gold (TSXV:LUM,OTCQB:LMGDF) in a transaction worth C$581 million.

The all-cash deal will see CMOC pay C$1.27 per Lumina share.

Lumina is focused on its Cangrejos project, which it says is the largest primary gold deposit in Ecuador. A 2023 prefeasibility study outlines a 26 year mine life, with average annual payable production of 371,000 ounces of gold, plus average annual payable by-product output of 41 million pounds of copper.

‘After advancing the Cangrejos project for over 10-years and taking it from no defined resources to being poised to be one of the largest gold projects globally, the Lumina Group is excited for the transition of the Cangrejos project to CMOC,’ said Marshall Koval, CEO of Lumina Gold.

Well-known mining industry figure Ross Beaty is Lumina’s largest shareholder, while CMOC is a major producer of metals like molybdenum, tungsten, copper and cobalt.

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

This post appeared first on investingnews.com

Ruma was having lunch on a summer day in 2021 when her phone began blowing up with notifications.

When she opened the messages, they were devastating. Photos of her face had been taken from social media and edited onto naked bodies, shared with dozens of users in a chat room on the messaging app Telegram.

The comments in screen shots of the chat room were demeaning and vulgar – as were the texts from the anonymous messenger who had sent her the images. “Isn’t it funny? … Watching your own sex video,” they wrote. “Tell me you honestly enjoy this.”

The harassment escalated into threats to share the images more widely and taunts that police wouldn’t be able to find the perpetrators. The sender seemed to know her personal details, but she had no way to identify them.

While revenge porn – the nonconsensual sharing of sexual images – has been around for nearly as long as the internet, the proliferation of AI tools means that anyone can be targeted by explicit deepfakes, even if they’ve never taken or sent a nude photo.

South Korea has had a particularly fraught recent history of digital sex crimes, from hidden cameras in public facilities to Telegram chat rooms where women and girls were coerced and blackmailed into posting demeaning sexual content.

But deepfake technology is now posing a new threat, and the crisis is particularly acute in schools. Between January and early November last year, more than 900 students, teachers and staff in schools reported that they fell victim to deepfake sex crimes, according to data from the country’s education ministry. Those figures do not include universities, which have also seen a spate of deepfake porn attacks.

In response, the ministry established an emergency task force. And in September, legislators passed an amendment that made possessing and viewing deepfake porn punishable by up to three years in prison or a fine of up to 30 million won (over $20,000).

Creating and distributing non-consensual deepfake explicit images now has a maximum prison sentence of seven years, up from five.

South Korea’s National Police Agency has urged its officers to “take the lead in completely eradicating deepfake sex crimes.”

But of 964 deepfake-related sex crime cases reported from January to October last year, police made 23 arrests, according to a Seoul National Police statement.

Victims taking action

Ruma was a 27-year-old university student when her nightmare first began. When she went to the police, they told her they would request user information from Telegram, but warned the platform was notorious for not sharing such data, she said.

Once an outgoing student who enjoyed school and an active social life, Ruma said the incident had completely changed her life.

“It broke my whole belief system about the world,” she said. “The fact that they could use such vulgar, rough images to humiliate and violate you to that extreme extent really damages you almost irrevocably.”

She decided to act after learning that investigations into reports by other students had ended after a few months, with police citing difficulty in identifying suspects.

Ruma and fellow students sought help from Won Eun-ji, an activist who gained national fame for exposing South Korea’s largest digital sex crime group on Telegram in 2020.

Won agreed to help, creating a fake Telegram account and posing as a man in his 30s to infiltrate the chat room where the deepfake images had circulated. She spent nearly two years carefully gathering information and engaging other users in conversation, before coordinating with police to help carry out a sting operation.

When police confronted the suspect, Won sent him a Telegram message. His phone pinged – he had been caught.

Two former students from the prestigious Seoul National University (SNU) were arrested last May. The main perpetrator was ultimately sentenced to 9 years in prison for producing and distributing sexually exploitative materials, while an accomplice was sentenced to 3.5 years in prison.

Excerpts of the ruling shared by Ruma’s lawyers state, “The fake explicit materials produced by the perpetrator are repugnant, and the conversations surrounding them are shocking … They targeted victims as if they were hunting prey, sexually insulted the victims and destroyed their dignity by using photos from graduations, weddings, and family gatherings.”

Ruma’s case is just one of thousands across South Korea – and some victims had less help from police.

Public often unsympathetic

“My hands started to shake,” she recalled. “When could this photo have been taken, and who would upload such a thing?”

But she said the situation worsened two days later. Her hair was made messy, and her body was altered to make it look like she was looking back. The manipulated picture of her face was added onto nude photos. The sophisticated technology made the images unnervingly realistic.

Police told her that their only option to identify the poster was to request user information from Twitter, the social media platform bought by Elon Musk in 2022 and rebranded as X in 2023, with an emphasis on free speech and privacy.

Kim and a colleague, also a victim of a secret filming, feared that using official channels to identify the user would take too long and launched their own investigation.

They identified the person: a quiet, introverted student “someone you’d never imagine doing such a thing,” Kim said.

The person was charged but regardless of what happens in court, she said life will never be the same.

She said a lack of public empathy has frustrated her too. “I read a lot of articles and comments about deepfakes saying, ‘Why is it a serious crime when it’s not even your real body?’” Kim said.

According to X’s current policy, obtaining user information involves obtaining a subpoena, court order, or other valid legal document and submitting a request on law enforcement letterhead via its website.

X says it’s company policy to inform users that a request has been made.

Its rules on authenticity state that users “may not share inauthentic content on X that may deceive people or lead to harm.”

Pressure on social platforms to act

Won, the activist, said that for a long time, sharing and viewing sexual content of women was not considered a serious offense in South Korea.

Though pornography is banned, authorities have long failed to enforce the law or punish offenders, Won said.

Societal apathy makes it easier for perpetrators to commit digital sex crimes, Won said, including what she called “acquaintance humiliation.”

“Acquaintance humiliation” often begins with perpetrators sharing photos and personal information of women they know on Telegram, offering to create deepfake content or asking others to do so. Victims live in fear as attackers often know their personal information – where they live, work, and even details about their families – posing real threats to their safety and allowing anonymous users to harass women directly.

Since South Korea’s largest digital sex exploitation case on Telegramin 2020, Won said the sexual exploitation ecosystem had fluctuated, shrinking during large-scale police investigations but expanding again once authorities ease off.

Online platforms are also under pressure to act.

Telegram, which has become a fertile space for various digital crimes, announced it would begin sharing user data with authorities as part of a broader crackdown on illegal activities.

The move came after the company’s CEO Pavel Durov was arrested in August in France on a warrant relating to Telegram’s lack of moderation, marking a turning point for a platform long recognized for its commitment to privacy and encrypted messaging. Durov is under formal investigation but has been allowed to leave France, he said in a post on Telegram.

Last September, South Korea’s media regulator said Telegram had agreed to establish a hotline to help wipe illegal content from the app, and that the company had removed 148 digital sex crime videos as requested by the regulator.

Won welcomed this move, but with some skepticism – saying governments should remove the app from app stores, to prevent new users from signing up, if Telegram doesn’t show substantial progress soon. “This is something that has been delayed for far too long,” she said.

A meaningful breakthrough occurred this January, marking the first time Korean authorities successfully obtained crime-related data from Telegram, according to Seoul police.

Fourteen people were arrested, including six minors, for allegedly sexually exploiting over 200 victims through Telegram. The criminal ring’s mastermind had allegedly targeted men and women of various ages since 2020, and more than 70 others were under investigation for allegedly creating and sharing deepfake exploitation materials, Seoul police said.

“No matter how much punishments are strengthened, there are still far more victims who suffer because their perpetrators have not been caught, and that’s why it feels like the verdict is still far from being a true realization of change or justice,” Ruma said. “There’s a long way to go.”

This post appeared first on cnn.com

Virginia Giuffre, who alleged Britain’s Prince Andrew abused her when she was a teenager, has died by suicide, her family said. She was 41.

Police confirmed that emergency services found a woman unresponsive in her home near Perth, Western Australia, on Friday night. She was pronounced dead at the scene after first aid was unsuccessful.

Her death is not being treated as suspicious, police said.

Giuffre, a mother of three, was one of the most prominent accusers of the wealthy sex offender Jeffrey Epstein. In 2019, she publicly alleged Epstein trafficked her and forced her to have sex with his friends, including Prince Andrew, when she was 17 years old.

She also claimed the prince was aware she was underage in the US at the time.

Prince Andrew repeatedly denied the claims.

“It is with utterly broken hearts that we announce that Virginia passed away last night at her farm in Western Australia,” read a statement from the family.

“She lost her life to suicide, after being a lifelong victim of sexual abuse and sex trafficking.”

“Virginia was a fierce warrior in the fight against sexual abuse and sex trafficking. She was the light that lifted so many survivors.”

“In the end, the toll of abuse is so heavy that it became unbearable for Virginia to handle its weight.”

Help is available if you or someone you know is struggling with suicidal thoughts or mental health matters. In the US, call or text 988, for the Suicide & Crisis Lifeline. Globally, the International Association for Suicide Prevention and Befrienders Worldwide have contact information for crisis centers around the world.

This post appeared first on cnn.com

Throngs of mourners are gathering in Vatican City and lining the streets of Rome on Saturday to give a final send-off to Pope Francis, who will be remembered as a champion of migrants and the poor, and for his efforts to reshape the Catholic Church.

His funeral Mass is being held on the steps of St. Peter’s Basilica, one of the Catholic Church’s most important sites, with more than 50 world leaders and 11 reigning monarchs in attendance. They are expected to include US President Donald Trump, Argentine President Javier Milei, Italian Prime Minister Giorgia Meloni and Filipino President Ferdinand Romualdez Marcos Jr., head of the largest Catholic nation in Asia.

The Vatican has prepared for as many as 250,000 people to flock to St. Peter’s Square and one million more to line the 6-kilometer (3.7 mile) procession route from Vatican City through Rome to the Basilica di Santa Maria Maggiore, in hopes of seeing the pope’s modest coffin as it travels to his final resting place.

Many more of world’s 1.4 billion Catholics will watch the funeral for the first Latin American pope on TV.

Pope Francis died at the age of 88 after suffering a stroke on Easter Monday, just one day after he appeared in the same square to offer a blessing to the faithful at the high point of the Christian calendar.

In the days that followed, about 250,000 mourners came to pay their final respects as his body lay in state inside St. Peter’s Basilica. His coffin was officially sealed on Friday night in a liturgical rite led by the Cardinal Camerlengo Kevin Farrell, the acting head of the church.

As daylight gleams off the massive travertine columns of St. Peter’s Square on Saturday morning, the funeral Mass will open with the chant, sung in Latin: “Eternal rest grant unto him, O Lord, and let perpetual light shine upon him.”

A Bible reading will be given in English, and a “Prayer of the Faithful” will be offered up in multiple other languages, including French, Arabic, Portuguese, Polish, German and for the first time, Mandarin, fitting for a pope who sought to reach out to followers in all parts of the globe.

In keeping with tradition, the Mass will include a homily and communion and end with a final commendation and farewell. Francis approved the order of the day for Saturday back in June 2024.

But other elements of the day will be pared back, as Francis had sought to “simplify and adapt” proceedings, so that the papal funeral is “that of a pastor and disciple of Christ, and not of a powerful person in this world,” according to Vatican officials.

Francis, who chose his name in honor of St. Francis of Assisi, with his commitment to poverty, peace and nature, also wanted to reflect his own dedication to the homeless and disadvantaged in the day’s events.

He believed “the poor have a privileged place in the heart of God,” a Holy See statement said. “For this reason, a group of poor and needy people will be present on the steps leading to the papal Basilica di Santa Maria Maggiore to pay their last respects to Pope Francis before the burial of his coffin.”

They will be the last members of the public to see his wooden coffin, after it’s driven slowly through the streets of Rome – past tourist highlights like the Piazza Venezia and the ancient Colosseum – in his final procession.

Francis will become the first pope in more than three centuries to be buried at Santa Maria Maggiore, with the interment taking place away from the public eye.

He was a pope of many firsts – the first Latin American Pontiff, the first of the Jesuit order and the first modern-day pope born outside of Europe.

Elected in 2013 as an outsider candidate from Argentina, Francis went on to usher in progressive reforms, including the promotion of women’s roles in the church.

But his 12-year leadership was not without criticism. He took some important steps to address the Catholic Church’s clerical sexual abuse scandals, but campaigners and survivors say there is still much more to do.

Divisions within the Church over same-sex relationships also persisted throughout his papacy. When asked about his position on sexual orientation, the pope famously said, “Who am I to judge?” but also reaffirmed the Church’s position that homosexuality is considered sinful.

And his record was disparaged by some of the more conservative cardinals and members of the Church.

Francis issued a rebuke of the Trump administration’s immigration policy earlier this year, and criticized Vice President JD Vance’s use of theology to defend its approach. Vance was one of the last people to meet with the pope, in a brief encounter on Easter Sunday.

The next pope will be chosen by cardinals from around the world in conclave, a closed-door process that may see a battle play out between those who want to continue Pope Francis’ progressive path and those who want to reverse it.

“He made some good changes in the Church. I think the Church is now more open,” said Laura Grund, from Leipzig, Germany, who was among the last people to see the late pope lying in state. “He opened many doors.”

“He was a very simple man, who loved other people,” said Sister Luisa, a nun from Munich. “We feel very blessed, but also deep sorrow.”

This post appeared first on cnn.com

Lost dogs rarely capture international attention but for several weeks the world has watched and waited for updates on the search for Valerie, a miniature dachshund missing in the Australian wilderness.

Then on Friday night, after 529 days roaming Kangaroo Island, off South Australia, the tiny dog with a pink collar was finally cornered, and the internet erupted with rare joy.

“Valerie has been safely rescued and is fit and well,” Kangala Wildlife Rescue announced on its Facebook group on Friday night to a flurry of likes and shares.

Key to her rescue was a smelly T-shirt worn by her owner in 12-hour shifts that was ripped up and used as a scent trail to attract her to an enclosure, Kangala directors Jared and Lisa Karran said in a video posted to Facebook.

“We were able to rip little strips off of it, and we started the process of just adding more and more bits towards the trap site as we went along,” said Lisa Karran.

Karran wore the owner’s now “tatty” T-shirt while sitting in the cage, and eventually the rogue sausage dog dropped her defenses and approached her rescuers.

“She came up, would sniff us and we’d just go by her cues, until she was completely calm and snuggled up in our laps. It was amazing,” Karran said.

Valerie vanished during a camping holiday with her owners Josh Fishlock and Georgia Gardner, November 2023. When strangers tried to help, she fled into the undergrowth, and her owners eventually gave up and returned home to the mainland.

With no sightings it was assumed Valerie had met her match with a snake or perhaps a giant Rosenberg’s goanna, reptiles up to 1.5 meters long that occupy the island.

Then reports of multiple sightings started to spread. Could it be that Valerie was alive?

A massive search operation swung into action led by volunteers from the Kangala Wildlife Rescue, a non-profit group set up in 2020 following the devastating Australian bushfires.

“We are using surveillance and various trapping and luring methods in the area she was last seen to try and bring her home. This is a tiny dog in a huge area, and we will need help from the public to report any sightings and a lot of luck,” the group announced on Facebook.

When bad weather compromised the 4G cameras they’d set up to monitor her movements, a call went out for a portable Starlink system. “Message Elon on X. I bet he would help,” someone suggested. Thankfully, an offer came from closer to home.

Some suggested using heat-seeking drones to find her, others recommended roast chicken.

Not all followers have been supportive. Some accused the charity of prolonging the search to raise extra money through appeals for donations. A member of the group responded that they were doing their best to find her.

Part of the problem, the charity said, was the island’s vibrant ecosystem.

“One of the reasons this is such a difficult rescue and not as easy as just baiting and setting traps, is due to the fact we are constantly competing with hundreds of wildlife like possums, wallabies, kangaroos, goannas and feral cats. All which are all just after a feed also,” the group posted on Facebook.

Home to around 5,000 people, the island is about 45-minute trip by ferry from the mainland. Tourists go there to see Australian native wildlife, but officials have long had a problem controlling introduced species including feral cats. The island is thick with bush, and there are many places for a small dog to hide.

The Kangala rescuers put out food boxes and a pen was set up with toys from home. A remote-controlled trapping device was procured, and then they waited.

By Friday, Valerie’s adventure was over.

After the gate to the enclosure closed behind her, Valerie looked around for an exit, the rescuers said. After a few anxious moments, she did what any lost dog might do after realizing the game was up.

“She actually went into her crate, the one that was set up to look like the one at home, and she went and had a sleep,” said Jared Karran.

Valerie is now “decompressing,” Karran said, and will be returned to her owners for a more sedate life on the mainland.

This post appeared first on cnn.com

One victim had recently returned home after decades working abroad to enjoy a retirement filled with travel and family time; another hoped the trip into the beauty of Indian-administered Kashmir would cheer the spirits of his semi-paralyzed wife.

Both men were among 26 tourists shot dead by militants this week in a massacre that has ripped open old wounds between India and its neighbor Pakistan, tipping them a step closer to military escalation.

Both countries claim Kashmir in its entirety, but each control only part. They have fought three wars over the territory – which is famous for its dramatic mountains and lush meadows – since their independence from Britain in 1947.

A bloody, decades-long insurgency in India’s part of the region has killed tens of thousands, waged by militant groups demanding either independence or a merger with Pakistan.

India says those groups are supported by Pakistan, which Islamabad denies.

Tuesday’s attack – during which men were singled out and gunned down from close range, according to survivors’ testimony – was the latest in a list of bloody incidents to stain the region.

Balachandran Menonparambil feels as though he’s lost his “right hand,” after his friend of six decades Ramachandran Narayanamenon was killed in the attack.

Having spent decades working in Qatar, Narayanamenon “looked forward to a life of retirement,” according to his friend, who described him as “a happy man,” caring and reliable.

“He was on a trip with his wife Shiela, daughter Aarti, and two grandchildren and was looking forward to enjoying himself with his grandchildren,” said the 70-year-old.

He recalled how “excited” Narayanamenon, 69, sounded in their last call before he boarded the flight to Kashmir on Monday.

A day later, Menonparambil was told that his friend was dead.

“I was watching TV and they began to show what was happening in Kashmir… so I called him, but he did not pick up,” he said.

He then reached out to Narayanamenon’s son Arvind, who told him that “Dad is gone.”

He said people came up to offer condolences to him at the cremation. “Everybody was asking me what I will do, only half of me is working now. I told them he is there with me in my heart,” he said.

Other survivors speaking to local media said the gunmen accused some of the victims of supporting Indian Prime Minister Narendra Modi.

In 2019, Modi’s Hindu-nationalist government stripped Muslim-majority Kashmir of its previous autonomy, sparking protests.

After Tuesday’s massacre, New Delhi swiftly pointed the finger at Pakistan, downgrading ties and suspending its participation in a crucial water-sharing treaty. Pakistan has denied involvement and said any attempt to stop or divert water belonging to it would be considered an act of war.

All three men, described as “loving fathers” and family breadwinners, came from just outside the megacity of Mumbai. They had taken the trip to Pahalgam together, according to Kadam.

Sanjay and Hemant were both accountants working for small private firms, while Atul worked for the Indian Railways, he said.

For the Leles, Kadam said, the trip was long planned. His sister-in-law suffers from a form of paralysis on the left side of her body that means she walks with difficulty.

“They had been planning this trip for a while but because of her health issues… it had gotten postponed. Once her health was doing better, they finally all lined up their schedules and managed to go,” he said.

“Lele told his wife that if you won’t go, none of us will go. So she agreed and finally they all went,” said Kadam.

Kadam himself did not go on the trip, but later traveled to Kashmir to help bring the shell-shocked survivors from his family back home.

The holidaying family bought food from a stall not long before the attack. Unaccustomed to the realities of the restive region, they initially mistook the sound of gunfire for fireworks, Kadam said, but were warned to take shelter by locals who sensed danger.

All three men were shot shortly after, he said. A bullet grazed his 20-year-old nephew Harshal’s hand.

It took almost four hours for disabled Kavita to struggle down the hill to safety, he said.

He said the families have taken hope from protests in India demanding justice for the victims and their families.

Still, their lives have been changed forever.

“This is not something that can end,” he said.

“We have to now live with this.”

This post appeared first on cnn.com