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. – One week into the U.S. and Israeli attacks on Iran, two Republican senators on the Senate Armed Services Committee say the military operation has ‘degraded’ Tehran’s ability to strike back.

But in exclusive interviews with Fox News Digital, Sens. Rick Scott of Florida and Ted Budd of North Carolina emphasized that the fighting will not lead to U.S. involvement in ‘forever wars’ in the volatile Middle East.

‘Our military is doing a great job,’ Scott said. And pointing to Iran, he said, ‘They want to destroy America. We’ve got to stop them.’

Budd highlighted that ‘we have significantly degraded Iran’s ability to shoot back at us… their capacities are degraded. We’ve had great success.’

Budd and Scott were interviewed as they attended an economic conference in Florida hosted by the Club for Growth, an influential and politically potent conservative group that pushes for fiscal responsibility.

President Donald Trump, who called for Iran’s ‘unconditional surrender,’ said on Saturday that Tehran will be ‘hit very hard’ and warned the U.S. is considering ‘areas and groups’ not previously considered to target.

Over the past week, ‘Operation Epic Fury’ has widened in scope as Iran has retaliated against a growing number of nations in the region. This week, the Republican-controlled House and Senate, in separate votes nearly entirely along party lines, rejected moves by Democrats to restrict the president’s ability to steer the fighting.

The president said on Thursday, in an interview with Axios, that he should be involved in choosing Iran’s next leader. Iranian Supreme Leader Ayatollah Ali Khamenei was killed in the initial strikes against Iran a week ago.

And there are concerns among many on the right that the strikes against Iran could lead to prolonged American military involvement in the region, which Trump has repeatedly campaigned against during his three runs for the presidency.

‘Trump doesn’t want to be in forever wars. Every time I’ve talked to him, he doesn’t want that,’ Scott said. ‘But I think what we do want to make sure we don’t have another Ayatollah that wants to… chant Death to America and death to our allies and try to destroy us.’

Budd added that ‘we’re not up for forever wars. We want to get in, get this thing done, get out and have peace for our country and the rest of the region.’

The latest Fox News national poll indicated that American voters are divided on the U.S. and Israeli strikes on Iran, even as a majority sees the country as a security risk. 

Sixty-one percent of those questioned viewed Iran as a danger to the U.S., according to the survey conducted Feb. 28-March 2. But that concern did not translate into majority support for the current U.S. military action, as 50% approved and 50% disapproved.

Support for the attacks was lower in national polling from other news organizations.

But the Fox News poll and the other surveys indicated widespread support among Republicans.

‘Trump’s doing the right thing. He’s saving American lives by making sure that Iran does not have a nuclear weapon or ballistic missile. So he’s doing the right thing,’ Scott emphasized.

Budd added, ‘I’m very excited [about] what President Trump’s done… The goal is American prosperity and American safety, and that’s what President Trump wants.’

Oil prices have shot up since the start of the fighting, instantly resulting in higher costs for gasoline across America. That’s a major concern for Republicans as they aim to keep control of the House and Senate majorities in this year’s midterm elections.

‘Hopefully it’s all going to be short term. Hopefully… the demolition of the Iranian military will happen quickly and actually will get lower oil prices,’ Scott said.

Budd acknowledged that ‘we are going to have some short-term disruptions.’

But the senator was optimistic that ‘very soon we’ll have gas prices much cheaper than ever before. We were already on that pathway. President Trump is all about stability. He’s all about the price of oil.’

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– British opposition leader Nigel Farage is taking aim at his country’s prime minister for not supporting the U.S. in its military strikes against Iran.

‘I think not to support America when it asks for support is a pretty extraordinary thing to have done.,’ Farage, the leader of the right-wing Reform UK party, said in an exclusive interview Saturday with Fox News Digital.

President Donald Trump has blasted Labor Prime Minister Keir Starmer for initially blocking the U.S. from using British military bases, specifically Diego Garcia — a strategic base located on an Indian Ocean island — for strikes against Iran during Operation Epic Fury. Starmer later permitted the use of the bases for ‘defensive strikes’ after Trump’s complaints. 

Starmer hasn’t spoken to Trump since they connected on a call last weekend, after the U.S. and Israel launched their strikes on Iran. The British prime minister has made clear his country would not be joining the U.S. in attacking Iran, emphasizing he didn’t believe in ‘regime change from the skies.’

Trump, taking a jab at Starmer, said earlier this week, ‘This is not Winston Churchill we are dealing with.’

Farage criticized Starmer for not changing his stance, ‘even now, despite the fact that we’ve got an RAF base in Cyprus that’s been under attack, we’ve got allies of ours in the Gulf that are under attack.’

‘I think there’s been less than wholehearted support has come for the Americans in this endeavor. And I think the British Prime Minister on the world stage, he’s upset the Americans,’ Farage said. ‘He’s upset the Cypriots. He’s upset the Gulf states. And he’s pretty friendless at the moment.’

Farage, who seven years ago founded the populist Brexit Party, which later transformed into the Reform UK party, was interviewed ahead of an appearance at an annual economic conference in Florida hosted by the Club for Growth, an influential and politically potent political group that pushes for fiscal responsibility.

Starmer has been feeling Trump’s wrath not only for their differences over the attack on Iran, but also over the British deal to hand sovereignty of the Chagos Islands, the Indian Ocean archipelago where Diego Garcia is located, to Mauritius. Starmer has argued his lease-back deal is the only way to secure the British-U.S. military base on Diego Garcia.

Farage, who has been vocal in his opposition to the deal, told Fox News Digital that ‘outside of America itself,’ Diego Garcia ‘is the most important base you’ve got in the whole world. Now it’s there as part of British sovereignty. We have a treaty between us that goes back to 1966 and Keir Starmer is on the verge of giving away the sovereignty of the Chagos islands and Diego Garcia to Mauritius.’

‘If Trump initially had problems with the Brits over using the base, just think what it will be like with the heavily Chinese-influenced Mauritians. They already have said they believe that America should not have struck Iran, that it was against international law, then are calling for a ceasefire,’ Farage said.

Farage, who said his opposition to the deal was a key factor in his weekend trip to the U.S., said, ‘I would just urge the president, this administration, stay firm. Tell the British government you will not accept giving away of sovereignty to Mauritius, and let’s ensure a future for Diego Garcia. I think it’s really important.’

Farage, who’s hoping to become Britain’s next prime minister, argued that Starmer’s relationship with Trump is beyond repair.

‘I think the personal relationship between Keir Starmer and Donald Trump has gone. I mean, Trump can be forgiving, but, you know, that would take a long time. So I think that breakdown is there,’ he said.

But as for the longstanding bonds between the two countries, known as the ‘special relationship,’ Farage was more optimistic.

‘The special relationship went through bad times in the past. We had a massive fallout 70 years ago over Suez, but we got back together again. I’m convinced it can, and it will, be mended,’ he predicted.

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President Donald Trump on Saturday slammed British Prime Minister Keir Starmer, saying he was joining the war in Iran after the U.S. has ‘already won.’

‘The United Kingdom, our once Great Ally, maybe the Greatest of them all, is finally giving serious thought to sending two aircraft carriers to the Middle East,’ Trump wrote on Truth Social. ‘That’s OK, Prime Minister Starmer, we don’t need them any longer — But we will remember. We don’t need people that join Wars after we’ve already won!’

Trump’s statement came after the U.K. Ministry of Defense said that one of the country’s two aircraft carriers had been placed on advanced readiness in Portsmouth, England, for a possible mobilization to the Middle East, according to the BBC.

A British destroyer, HMS Dragon, is also in Portsmouth, waiting to leave for Cyprus after delays.

Starmer said that while the U.K. wasn’t involved in the strikes, they are ‘operating defensively in the region.’

In an address to the British people on Sunday, Starmer condemned ‘indiscriminate’ attacks by Iran following the U.S. strikes, adding, ‘the only way to stop the threat is to destroy the missiles at source.’

He added that Britain has agreed to the United States’ request to use British bases for that ‘limited’ purpose.

After the strikes, Trump told the Telegraph in the U.K. that he was ‘very disappointed’ in Starmer, claiming it ‘took far too long’ for the prime minister to allow the U.S. to use British bases in the region. 

British fighter jets are also flying over Jordan, Cyprus and Qatar to strengthen defense in the region, and a Merlin helicopter is on the way for additional airborne surveillance, according to the Ministry of Defense.

‘While the region has been plunged into chaos, my focus is providing calm, levelheaded leadership in the national interest,’ Starmer said this week. ‘That means deploying our military and diplomatic strength to protect our people. And it means having the strength to stand firm by our values and our principles, no matter the pressure to do otherwise. The longstanding British position is that the best way forward for the regime and world is a negotiated settlement with Iran where they give up their nuclear ambitions.’

He said that’s why he made the decision that the U.K. would not join the initial coordinated strikes launched by the U.S. and Israel on Feb. 28.

In Parliament this week, Starmer added, ‘We all remember the mistakes of Iraq, and we have learned those lessons. Any U.K. ‌actions must ⁠always have a lawful basis, and a viable, thought-through plan,’ Starmer said. ‘This government does not believe in regime change from the skies.’

Former British Prime Minister Liz Truss reposted Trump’s Saturday Truth Social comments on X, writing, ‘Justified and damning.’

Fox News Digital has reached out to Starmer’s office for comment.

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King Charles III will reflect on ‘the increasing pressures of conflict’ across the world in a ‘time of great challenge’ during a speech planned for Monday, according to multiple reports. 

‘We join together on this Commonwealth Day at a time of great challenge and great possibility,’ a preview of the 77-year-old’s Commonwealth Day speech says.

The king’s speech continued: ‘Across our world, communities and nations face the increasing pressures of conflict, climate change and rapid transformation. Yet it is often in such testing moments that the enduring spirit of the Commonwealth is most clearly revealed.’

The speech will come a little more than a week after the U.S. and Israel launched coordinated strikes against Iran, which British Prime Minister Keir Starmer said the United Kingdom didn’t take part in for the sake of their national interest.

‘This is not Winston Churchill we are dealing with,’ President Donald Trump said earlier this week in a criticism of Starmer amid a perceived lack of support for the U.S. and Israel’s joint military operation against Iran.

‘By the way, I’m not happy with the U.K. either,’ the president said, referring to Starmer blocking the United States’ use of U.K. bases to launch attacks on Iran.

Britain has since allowed the U.S. to use its bases in the region for defensive purposes against Iran’s retaliatory strikes. It has also mobilized fighter jets and plans to send a destroyer and possibly an aircraft carrier. 

The president referenced the Chagos Islands Tuesday, which are British territories in the Indian Ocean, saying it has taken ‘three, four days for us to work out where we can land there.’

‘It would have been much more convenient landing there as opposed to flying many extra hours, so we are very surprised,’ he said.

Later, the president said the United Kingdom has been ‘very, very uncooperative with that stupid island.’ 

‘It’s a shame,’ Trump said. ‘That country, the U.K., and I love that country, I love it.’

‘This is not the age of Churchill,’ he added.

Trump slammed Starmer again on Saturday, accusing the prime minister of joining the war after the U.S. had ‘already won.’

‘The United Kingdom, our once Great Ally, maybe the Greatest of them all, is finally giving serious thought to sending two aircraft carriers to the Middle East,’ Trump wrote on Truth Social. ‘That’s OK, Prime Minister Starmer, we don’t need them any longer – But we will remember. We don’t need people that join Wars after we’ve already won!’

Starmer has defended his decision to stay out of the conflict, saying the U.K. was ‘not involved in the ​initial strikes against Iran, and we will not join offensive action now.’

‘But in the face of Iran’s barrage of missiles and ⁠drones, we will protect our people in the region,’ Starmer said in an address Monday to Parliament. ‘President Trump has expressed his disagreement with our decision not to get involved in the ​initial strikes, but it is my duty to judge what is in Britain’s national interest. That is what I’ve done, and I stand by it.’

The king and other senior royals will gather at Westminster Abbey on Monday for the annual Commonwealth Day celebration, which recognizes the 56 countries voluntarily connected to the U.K., many of which were once part of the British Empire.

The preview of the speech continues: ‘Working together, we can ensure that the Commonwealth continues to stand as a force for good — grounded in community, committed to the kind of restorative sustainability that has a return on investment, enriched by culture, steadfast in its care for our planet, and united in friendship and in the service of its people.’

Charles’ speech at the abbey will also be the largest gathering of the royal family since former Prince Andrew was arrested on Feb. 19.

Fox News’ Brooke Singman contributed to this report. 

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Norwegian police are investigating an attack on the U.S. Embassy in Oslo that caused no injuries and only minor damage.

Amid the war on Iran, the Norwegian Justice Minister Astri Aas-Hansen is deploying ‘considerable resources’ to search for potential multiple perpetrators.

‘This is an unacceptable incident that we are taking very seriously,’ she told Norwegian press agency NTB.

A ‘loud bang’ was reported at the U.S. embassy in Oslo early Sunday morning at 1 a.m. local time (Saturday 7 p.m. ET), according to police, and eyewitnesses told Reuters that they saw thick smoke by the entrance of the consular section.

‘There was a very thick layer of smoke on the street,’ said Sebastian Toerstad, 18, a high school student who drove past the embassy at the time of the explosion.

‘There was some damage to the entrance.’

No explosive devices had been found in the area, according to police.

‘Investigations have been carried out at the scene with the aid of dogs, drones and a helicopter, searching for one or more potential perpetrators,’ the Oslo police department said in a statement.

PST, the Norwegian police security service, called in additional personnel following the incident but has not changed the country’s terror threat level, according to communication adviser Martin Bernsen.

PST operations manager Mikael Dellemyr does not ‘connect’ the attack to U.S. bombings in the Middle East or terrorist or Iranian retaliation.

‘It is far too early’ in the investigation, he told Oslo’s TV 2.

Fox News Digital reached out to the State Department for comment, but they did not immediately respond.

The Associated Press and Reuters contributed to this report.

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We also break down next week’s catalysts to watch to help you prepare for the week ahead.

In this article:

    This week’s tech sector performance

    The tech-heavy Nasdaq Composite (INDEXNASDAQ:.IXIC) navigated a volatile week.

    Early week caution gave way to a rebound by Monday’s close (March 2), with the Nasdaq eking out a small gain led by defense and tech stocks. On Tuesday (March 3), the Trump administration’s plans to secure the Strait of Hormuz shipping lanes helped pare losses, with major indexes closing down but less severely.

    US services PMI on Wednesday (March 4) showed the fastest expansion since mid-2022, supporting gains; however, the Nasdaq rose only slightly, with gains capped by lingering oil price worries.

    Markets plunged on Thursday (March 5) after an Iranian missile strike on an oil tanker in the Persian Gulf intensified concerns of conflict longevity and supply constraints. The price of oil surged to its biggest weekly gain since 2022, with analysts forecasting further increases if the Strait of Hormuz stays disrupted beyond 3 – 4 weeks.

    Also on Thursday, reports surfaced that the administration was considering new rules requiring US approval for AI chips shipped abroad, which hit Nasdaq heavyweights NVIDIA (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD). This revelation followed earlier reports that officials were considering limiting purchases of Nvidia’s H200 chips and AMD’s MI325 chips, which have similar capabilities, to Chinese companies, capping them at 75,000 chips per firm.

    Friday’s (March 6) jobs report for February boosted rate-cut odds but fueled recession fears. The report showed nonfarm payrolls dropped by 92,000, a stark contrast to the forecasted 50,000 to 60,000 added jobs. Additionally, unemployment increased to 4.4 percent, signaling that the labor market is cooling faster than expected.

    These macroeconomic pressures and geopolitical uncertainty exerted a palpable weight on financial markets, heavily impacting volatility-sensitive tech stocks.

    3 tech stocks moving markets this week

    1. Intuit (NASDAQ:INTU)

    Intuit had a strong week, finishing up 25.08 percent as investors rotated into defensive fintech and software amid weakness in the capital-intensive and cyclical semiconductor sector.

    Zacks Investment Research explained Intuit’s stock rise as a gain driven by analyst upgrades and price target hikes. Piper Sandler raised its price target on Intuit to US$780 and maintained an Overweight rating. Susquehanna also raised its target to US$850 and kept a Positive rating. Meanwhile, TD Cowen cut its target to US$633 but reiterated Buy.

    Analysts cited Intuit’s strong AI-driven results from last week’s Q2 earnings and highlighted growth in the company’s GBS Online Ecosystem, Desktop Ecosystem and Credit Karma.

    2. Palantir Technologies (NASDAQ:PLTR)

    Palantir gained alongside other defense stocks as Mideast tensions boosted demand for defense AI. Shares rose more than five percent on Monday, while analysts at Wedbush named it a top pick on Thursday with a US$75 price target. Palantir gained 17.22 percent for the week.

    2. AppLovin (NASDAQ:APP)

    AppLovin ranked third for this week’s gainers, closing 16.29 percent higher on Arete’s upgrade to neutral from sell, with an adjusted price target down to US$340 From US$458. Speculation about AppLovin potentially launching a competing app to rival TikTok may have further contributed to the gains.

    Intuit, Palantir Technologies and AppLoving stock performance, March 2 to 6, 2026.

    Chart via Google Finance.

    Top tech news of the week

              • Shares of Lumentum Holdings and Coherent jumped on Monday after NVIDIA said it would invest US$2 billion in each company to accelerate the development of advanced optics and laser technologies for AI data centers.

                    Tech ETF performance

                    Tech exchange-traded funds (ETFs) track baskets of major tech stocks, meaning their performance helps investors gauge the overall performance of the niches they cover.

                    This week, the iShares Semiconductor ETF (NASDAQ:SOXX) declined by 5.91 percent, while the Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) lost five percent.

                    The VanEck Semiconductor ETF (NASDAQ:SMH) also decreased by 4.21 percent.

                    Tech news to watch next week

                    Investors face a pivotal week ahead, headlined by Monday’s (March 9) release of the NY Fed’s one-year inflation expectations and the highly anticipated February CPI report on Wednesday (March 11), which could provide a key signal for the Fed’s next move.

                    Later in the week, Thursday’s (March 12) jobless claims will be under the microscope to see if February’s labor trends hold steady. On the corporate side, it’s a big week for software and cloud infrastructure, with Oracle, Hewlett Packard Enterprise, and Constellation Software reporting Monday, followed by Adobe (NASDAQ:ADBE) on Thursday.

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

                    This post appeared first on investingnews.com

                    Peter Krauth, editor of Silver Stock Investor and Silver Advisor, shares his thoughts on silver price activity and where the white metal is in the cycle.

                    He believes the awareness phase is just beginning, with mania still relatively far in the future.

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

                    This post appeared first on investingnews.com

                    Brien Lundin, editor of Gold Newsletter and New Orleans Investment Conference host, shares his stock-picking strategy at a time when high metals prices are beginning to lift all boats.

                    In his view, gold and silver equities may still only be in the second inning.

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

                    This post appeared first on investingnews.com

                    Adrian Day, president of Adrian Day Asset Management, shares his latest thoughts on what’s moving the gold price, emphasizing that its bull run isn’t over yet.

                    ‘It’s monetary factors that are driving gold — that’s what’s fundamentally driving gold,’ he said. ‘Monetary factors, lack of trust in governments and particularly lack of trust in fiat currencies.’

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

                    This post appeared first on investingnews.com

                    The Government of New Brunswick announced a new comprehensive mineral strategy on Tuesday (March 3), at the 2026 Prospectors and Developers Association of Canada conference in Toronto.

                    The plan calls for a streamlined permitting process that will ensure clear communication and transparent timelines. Additionally, it promises a collaborative partnership with First Nations, science-based decision-making and a community-based approach to jobs, procurement and infrastructure.

                    Oil prices jumped significantly this week following the start of the US-led war against Iran. West Texas Intermediate has surged more than 25 percent since March first, climbing to over US$90 per barrel in trading on Friday, the first time since October 2022.

                    The most significant gains came on Friday, after Iran effectively stopped traffic through the Strait of Hormuz. More than 20 percent of the world’s liquefied natural gas and 25 percent of oil shipments travel through the strait.

                    The price rise has had a downstream effect on gas prices in Canada and the US, increasing by up to C$0.10 per liter and US$0.27 per gallon, respectively.

                    Over the past week, US producers have activated four additional rigs, bringing the total rig count to 411, although that total is down by 75 from the same period last year. Most companies are unlikely to rush to restart operations shuttered due to low oil prices until there is a more sustainable rise in oil prices.

                    Meanwhile, the war caused turmoil in bond markets as concerns over inflation and rising central bank interest rates seeped into the market. US two-year bonds rose by 18 basis points, while Britain’s rose by 43 basis points.

                    For more on what’s moving markets this week, check out our top market news round-up.

                    Markets and commodities react

                    Canadian equity markets were largely down this week.

                    The S&P/TSX Composite Index (INDEXTSI:OSPTX) fell 3.87 percent over the week to close Friday (March 6) at 33,083.72, while the S&P/TSX Venture Composite Index (INDEXTSI:JX) slipped 4.54 percent to 1,057.04.

                    However, the CSE Composite Index (CSE:CSECOMP) gained 1.27 percent to 178.51.

                    The gold price fell 3.31 percent to close at US$5,170.63 per ounce on Friday at 4:00 p.m. EST. The silver price fared worse, closing the week down 6.4 percent at US$84.30 on Friday.

                    In base metals, the Comex copper price recorded a 2.01 percent decrease this week to US$5.85 per pound.

                    The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) was up 16.14 percent to end Friday at 700.62.

                    Top Canadian mining stocks this week

                    How did mining stocks perform against this backdrop? Take a look at this week’s five best-performing Canadian mining stocks below.

                    Stocks data for this article was retrieved at 4:00 p.m. EST on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market caps greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered.

                    1. Adex Mining (TSXV:ADE)

                    Weekly gain: 100 percent
                    Market cap: C$128.67 million
                    Share price: C$0.19

                    Adex Mining is an exploration company that holds a 100 percent stake in the Mount Pleasant project in Southwest New Brunswick, Canada. The property contains two main deposits: the Fire Tower zone, which hosts tungsten and molybdenum mineralization, and the North zone, which hosts tin, zinc and indium.

                    The asset consists of 102 mineral claims covering 1,600 hectares, as well as equipment and facilities from historic mining operations conducted by BHP (ASX:BHP,NYSE:BHP,LSE:BHP) between 1983 and 1985.

                    According to its most recent investor presentation released on June 11, the property hosts the world’s largest indium reserve and North America’s largest tin deposit. Indicated resources for the North zone demonstrate contained metal values of 47 million kilograms of tin, and 789,000 kilograms of indium from 12.4 million metric tons with average grades of 0.38 percent tin and 64 parts per million indium.

                    Adex Mining has not released news since it published its interim management discussion and analysis on November 18.

                    In a mid-February interview, New Brunswick Natural Resources Minister John Herron revealed that a deal “is due imminently with a well-known company in the Canadian mining community” for Adex’s Mount Pleasant project.

                    While the company did not release news this week, the project may benefit from the freshly announced New Brunswick Comprehensive Mineral Strategy. The report highlights Mount Pleasant’s indium, tin and tungsten mineralization.

                    2. Southern Energy (TSXV:SOU)

                    Weekly gain: 91.67 percent
                    Market cap: C$29.3 million
                    Share price: C$0.115

                    Southern Energy is an oil and gas company with assets located in Mississippi, US. The majority of its production is natural gas.

                    Its operations are centered around the state’s Interior Salt Basin, in the northeastern Gulf Coast Region. Southern has an interest in producing wells spread across several assets, including Gwinville, Mechanicsburg and Mount Olive East.

                    According to a February 2026 corporate presentation, current production from the company’s wells is about 11 million cubic feet of natural gas equivalent per day, with 27.9 million barrels of oil equivalent in reserves.

                    The company’s most recent news came on February 12, when Southern closed a non-brokered private placement that generated proceeds of US$23.5 million. The company said the funds will be used to repay the balance of a US$12.9 million senior credit facility, with the rest being directed to development capital, including the completion of two wells in Gwinville.

                    The share price gains also come amid volatility in the energy market.

                    3. Africa Energy (TSXV:AFE)

                    Weekly gain: 86.67 percent
                    Market cap: C$165.31 million
                    Share price: C$0.42

                    Africa Energy is a South Africa focused oil and gas exploration and development company.

                    Its flagship asset is Block 11B/12B located approximately 175 kilometers off the south coast of South Africa. The block covers an area of 18,734 square kilometers and depths between 200 meters and 1,800 meters.

                    It holds a 4.9 percent interest in the asset through its investment in Main Street 1549, a 49/51 joint venture with Arostyle Investments. The three other partners in the asset announced plans to withdraw from the Block 11B/12B joint venture in July 2024, and announced a definitive agreement for the new ownership structure of the Block 11B/12B asset in May 2025.

                    The restructuring would result in Africa Energy owning a direct 75 percent stake in the block, with Arostyle holding the remainder. This is contingent on the asset being granted the production rights, which itself requires approval of its environmental and social impact assessment. The report must be submitted by May 2026.

                    Shares of Africa Energy posted gains this week amid energy market volatility.

                    The company has not released any news since January 26, when it announced the resignation of Dr. Phindile Masangane as Director and Head of Strategy and Business Development. She will still assist Africa Energy as a consultant.

                    4. Gabriel Resources (TSXV:GBU)

                    Weekly gain: 60 percent
                    Market cap: C$41.58 million
                    Share price: C$0.16

                    Gabriel Resources is a precious metals explorer and developer focused on advancing its Rosia Montana gold project. Based in Transylvania, Romania, Rosia Montana is in a region that has seen significant historic mining. Covering 2,388 hectares, the site is host to a mid-to-shallow epithermal system containing deposits of gold and silver.

                    The most recent resource estimate from a 2012 technical report shows proven and probable quantities of 10.1 million ounces of gold and 47.6 million ounces of silver. Gabriel has invested more than US$760 million into Rosia Montana, but has undertaken little development at the site since the early 2010s, as Romania blocked further development.

                    In 2015, the company entered into arbitration through the World Bank’s International Center for Settlement of Investment Disputes (ICSID) over permitting at the site and suggested that Romania was in violation of bilateral investment treaties. In March 2024, Gabriel issued a press release with an update saying that its case against Romania had been dismissed by the ICSID, which also awarded Romania US$10 million in legal fees and expenses. Gabriel said it would review the decision with its legal team and evaluate its options.

                    In March 2025, Gabriel announced that the committee had ruled that a stay of enforcement of the Award would continue if Gabriel guaranteed the proven solvency of the US$10 million.

                    The committee was scheduled to hold hearings on January 22 and 23 of this year, but on January 19, Gabriel reported that the hearings would be postponed to a later date. A new date for the hearing has not been announced.

                    The company did not release news in the past week.

                    5. Rio Silver (TSXV:RYO)

                    Weekly gain: 48.05 percent
                    Market cap: C$41.58 million
                    Share price: C$1.14

                    Rio Silver is an exploration company advancing its Maria Norte project in Peru. The property changed hands several times in the 18 years prior to Rio Silver’s acquisition in March 2025, but saw little exploration during that time.

                    However, in a February 5 release, the company noted that historic mining occurred as the site hosts a reclaimed waste dump. In that announcement, the firm said it plans to advance surface mapping and sampling in the third quarter of 2026.

                    Throughout January, Rio Silver made several announcements regarding its exploration and development timeline. On January 6, the company reported results from technical work at the site, confirming the presence of silver mineralization with grades up to 991 g/t in a 0.7 meter channel sample.

                    To end the month, the company said it was launching a metallurgical program at the site to assist in determining the project’s potential value.

                    The most recent news came last week in a pair of releases.

                    The first on February 25, the company announced a new private placement to raise proceeds of up to C$3 million. Funds will be used to advance work at the Maria Norte project. The placement is being led by Sprott (TSX:SII,NYSE:SII) Founder Eric Sprott.

                    The second release came on February 26 when Rio reported it secured permission from the local community to begin site activities at Maria Norte. The company said it will continue working with the community to develop a formal definitive agreement for long-term exploration and mining activities.

                    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 December 2025, 898 mining companies and 71 oil and gas companies are listed on the TSXV, combining for more than 60 percent of the 1,531 total companies listed on the exchange.

                    As for the TSX, it is home to 175 mining companies and 51 oil and gas companies. The exchange has 2,089 companies listed on it in total.

                    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.

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