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Fortune Bay (TSV:FOR) is a gold developer-explorer focused on unlocking value at the steepest part of the Lassonde Curve. The company combines a de-risked Canadian gold project with transformational discovery potential in Mexico, while also exploring partner-funded uranium assets.

Backed by strong community partnerships and a disciplined approach, Fortune Bay’s share structure positions it for multiple near-term catalysts as capital returns to quality juniors.

The Goldfields project in Saskatchewan, Canada, is situated in a top-tier mining jurisdiction with road access, proximity to hydropower, historical infrastructure, and advanced permitting groundwork. The 2022 PEA outlined average production of 101 koz/yr over 8.3 years, with C$234 million initial capex and life-of-mine AISC of US$889/oz (base case US$1,650/oz), showing strong sensitivity to higher gold prices. In 2025, the company engaged Ausenco for an updated PEA and commenced permitting to support future production — both initiatives are now underway.

Company Highlights

  • Cycle-smart model: Advancing projects through discovery, resource expansion and early-stage development, then monetizing before the capital-intensive build phase.
  • Flagship development-ready gold asset in Saskatchewan, Canada: Goldfields project with open-pit 0.98 million ounce (Moz) indicated @ 1.31 grams per ton (g/t) gold and 0.21 Moz inferred @ 0.92 g/t gold; 2022 PEA shows robust economics; a 2025 PEA update is underway alongside permitting and existing infrastructure reducing risk and timelines.
  • Poma Rosa Project (Mexico): Historical gold resource at Campamento (1.04 Moz measured and indicated; 0.70 Moz inferred) sitting atop an untested porphyry system – offering both near-term ounces and discovery blue-sky; community re-engagement progressing to enable exploration restart. Historical estimate, not treated as current under NI 43-101.
  • Uranium optionality, non-dilutive: Advancing Murmac & Strike (optioned to Aero Energy) and The Woods (optioned to Neu Horizon) under partner capital while Fortune Bay remains operator, leveraging uranium expertise, offsetting overhead and preserving discovery upside and exposure to uranium market tailwinds.
  • Strong leadership: Led by discovery-driven geologists and capital-markets veterans with a track record of building and monetizing companies.

This Fortune Bay profile is part of a paid investor education campaign.*

Click here to connect with Fortune Bay (TSXV:FOR) to receive an Investor Presentation

This post appeared first on investingnews.com

Tackling soaring inflation in the US is the job of the country’s central bank, known as the US Federal Reserve, or the Fed.

The US Fed has consistently made headlines in recent years due to its role in managing inflation through the use of interest rate changes.

Between mid-2021 and 2023, the US economy experienced high inflation, peaking at 8.5 percent in July 2022. The Fed has helped bring it largely under control through careful interest rate increases during that time period.

According to US Labor Department data, the inflation rate in July 2025 was 2.7 percent. As this is still above the Fed’s target of 2 percent, the bank has been slow to lower interest rates so far.

It’s important for any investor to understand the ins and outs of the Fed’s role in US monetary policy and interest rates, as its decisions have a strong impact on US and global markets as well as precious metals prices.

In this article

    What is the US Federal Reserve?

    The Federal Reserve, often referred to as the Fed, is the US central bank and monetary authority. It was established by the Federal Reserve Act in 1913, which gave the Fed responsibility for setting monetary policy in response to the 1907 Banker’s Panic.

    “The Panic was caused by a build-up of excessive speculative investment driven by loose monetary policy,” explains Investopedia. “Without a government central bank to fall back on, U.S. financial markets were bailed out from the crisis by personal funds, guarantees, and top financiers and investors, including J.P. Morgan and John D. Rockefeller.”

    Although it is an independent government agency, the Fed is accountable to the public and US Congress. The current Fed Chair is Jerome Powell, an investment banker who served as assistant secretary and undersecretary of the Department of the Treasury under former President George H.W. Bush. Powell took the helm at the Fed in 2018.

    The Fed has a dual mandate: to achieve stable prices and stable employment. The government agency also provides banking services and is the main regulator of the nation’s banks. In times of economic turmoil, the Fed also acts as a lender of last resort.

    It’s important to note that while the Fed manages the national monetary policy and regulates the financial system in the US, its actions also have a powerful influence on the global economy.

    What is the FOMC?

    The Federal Open Market Committee (FOMC) is the Fed’s monetary policy-making body. The 12 members of the FOMC are the seven members of the board of governors of the Federal Reserve System, the president of the Federal Reserve Bank of New York and four of the 11 reserve bank presidents who rotate through the positions for one year terms.

    Why does the US Federal Reserve hike or cut interest rates?

    For more than a century, the Fed has been tasked with keeping a watchful eye on any structural risk to monetary stability in the US financial system, and rising inflation and high unemployment are two of the biggest threats to monetary stability.

    In the face of rising inflation, the Fed raises interest rates in the hopes of reigning in rapidly rising prices by curbing demand. When interest rates are higher, borrowing money becomes more expensive, which ultimately slows consumer spending and curtails corporate growth.

    During times of slow economic growth, the Fed lowers interest rates in order to stimulate the economy. Lower interest rates in effect lower the cost of borrowing and investing for both businesses and individuals.

    The Fed’s goal is to keep inflation around its target rate of 2 percent, and unemployment around 4 to 4.5 percent.

    “The principle of inflation targeting is based on the belief that long-term economic growth is best achieved by maintaining price stability, and price stability is achieved by controlling inflation,” according to Investopedia.

    What are the biggest contributors to US inflation?

    Inflation is calculated through factoring in price changes of a weighted basket of goods and services, as well as housing.

    For example, the COVID-19 pandemic that began in 2020 caused a surge of inflation in the US and globally.

    Prices of goods were driven higher by a mix of factors, including significant supply chain disruptions hurting product availability, and economic stimulus packages increasing spending power and demand.

    Additionally, the lasting switch to work-from-home for many led to increased demand for homes with space for offices, driving up housing prices. As housing is the highest weighted factor when calculating US inflation, this was one of the biggest drivers of inflation in the 2020s.

    Global supply chains have since been hampered by factors like Russia’s ongoing war in Ukraine and growing conflict in the Middle East. There is also the uncertainty generated from the global wave of tariffs sparked by US President Donald Trump’s trade policies, which will raise the cost of goods purchased by American consumers.

    This global supply and demand imbalance has led to rising prices for a wide range of consumer products, from gas to groceries. The result has been a loss in purchasing power for US consumers as their dollar needs to stretch further.

    How much has the US Federal Reserve hiked rates since 2022?

    In an effort to fight inflation, the American central bank consistently increasing rates from its March 2022 meeting with an initial boost of 25 basis points. Its hike of 75 basis points in June 2022 was at the time its largest since 1994, and it was followed by another three hikes of this magnitude in 2022.

    The Fed raised interest rates by 5.25 percentage points between March 2022 and July 2023 before holding at 5.50 percentage points for more than a year. The Fed’s current rate cutting cycle began with a .50 drop in September 2024.

    _FOMC meeting date___

    Rate hike in basis points_

    Target federal funds rate_

    January 25 to 26, 2022

    N/A

    0 to 0.25 percent

    March 15 to 16, 2022

    +25

    0.25 to 0.5 percent

    May 3 to 4, 2022

    +50

    0.75 to 1 percent

    June 14 to 15, 2022

    +75

    1.5 to 1.75 percent

    July 26 to 27, 2022

    +75

    2.25 to 2.5 percent

    September 20 to 21, 2022

    +75

    3.0 to 3.25 percent

    November 1 to 2, 2022

    +75

    3.75 to 4.0 percent

    December 13 to 14, 2022

    +50

    4.25 to 4.5 percent

    January 31 to February 1, 2023

    +25

    4.5 to 4.75 percent

    March 21 to 22, 2023

    +25

    4.75 to 5.0 percent

    May 2 to 3, 2023

    +25

    5.0 to 5.25 percent

    July 25 to 26, 2023

    +25

    5.25 to 5.5 percent

    How many times does the Fed meet each year?

    The FOMC holds eight meetings per year, typically scheduled every seven weeks. According to the Fed’s website, during these meetings the FOMC “reviews economic and financial conditions, determines the appropriate stance of monetary policy, and assesses the risks to its long-run goals of price stability and sustainable economic growth.”

    How many more US Federal Reserve meetings this year?

    As of August 21, three more Fed meetings are scheduled for 2025, and market participants will be closely watching these events.

    It’s too soon to know what exactly the Fed will do at these remaining meetings, but its July statement gives some clues — in it, the central bank said that it ‘seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. Uncertainty about the economic outlook remains elevated. The Committee is attentive to the risks to both sides of its dual mandate.’

    At the time, the Federal Reserve decided to hold rates steady at 4.25 to 4.5 percent for the fifth straight meeting as inflation remained elevated and job numbers appeared strong. The decision placed downward pressure on the gold price as a better economic outlook dimmed demand for the safe-haven asset.

    While the current tariff war between the US and many of its major trading partners has some calling for a return to higher inflation, weak unemployment figures and other economic data published since the last meeting has caused others to consider the potential for a recession before the end of the year.

    ‘At present, the latest economic data have been sufficiently mixed as to support either policy alternative,’ according to analysts writing for the Peterson Institute for International Economics. ‘The case for a rate cut is driven by the pronounced slowing in job creation, the failure of inflation to respond much to the initial tariff increases, and the fact that most FOMC participants view the current stance of policy as slightly tighter than neutral.’

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

    This post appeared first on investingnews.com

    Shares of Kenvue fell more than 10% on Friday after a report that Health Secretary Robert F. Kennedy Jr. will likely link autism to the use of the company’s pain medication Tylenol in pregnant women.

    HHS will release the report that could draw that link this month, The Wall Street Journal reported on Friday.

    That report will also suggest a medicine derived from folate — a water-soluble vitamin — can be used to treat symptoms of the developmental disorder in some people, according to the Journal.

    In a statement, an HHS spokesperson said, “We are using gold-standard science to get to the bottom of America’s unprecedented rise in autism rates.”

    “Until we release the final report, any claims about its contents are nothing more than speculation,” they added.

    Tylenol could be the latest widely used and accepted treatment that Kennedy has undermined at the helm of HHS, which oversees federal health agencies that regulate drugs and other therapies. Kennedy has also taken steps to change vaccine policy in the U.S., and has amplified false claims about safe and effective shots that use mRNA technology.

    Kennedy has made the disorder a key focus of HHS, pledging in April that the agency will “know what has caused the autism epidemic” by September and eliminate exposures. He also said that month that the agency has launched a “massive testing and research effort” involving hundreds of scientists worldwide that will determine the cause.

    In a statement, Kenvue said it has “continuously evaluated the science and [continues] to believe there is no causal link” between the use of acetaminophen, the generic name for Tylenol, during pregnancy and autism.

    The company added that the Food and Drug Administration and leading medical organizations “agree on the safety” of the drug, its use during pregnancy and the information provided on the Tylenol label.

    The FDA website says the agency has not found “clear evidence” that appropriate use of acetaminophen during pregnancy causes “adverse pregnancy, birth, neurobehavioral, or developmental outcomes.” But the FDA said it advises pregnant women to speak with their health-care providers before using over-the-counter drugs.

    The American College of Obstetricians and Gynecologists maintains that acetaminophen is safe during pregnancy when taken as directed and after consulting a health-care provider.

    Some previous studies have suggested the drug poses risks to fetal development, and some parents have brought lawsuits claiming that they gave birth to children with autism after using it.

    But a federal judge in Manhattan ruled in 2023 that some of those lawsuits lacked scientific evidence and later ended the litigation in 2024. Some research has also found no association between acetaminophen use and autism.

    In a note on Friday, BNP Paribas analyst Navann Ty said the firm believes the “hurdle to proving causation [between the drug and autism] is high, particularly given that the litigation previously concluded in Kenvue’s favor.”

    This post appeared first on NBC NEWS

    (TheNewswire)

    Brossard, Quebec TheNewswire – September 5, 2025 Charbone Hydrogen Corporation (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (the ‘Company’ or ‘CHARBONE ‘), a company focused on green hydrogen production and distribution, is pleased to announce it has signed, on September 4, 2025, an Asset Purchase Agreement to acquire operational hydrogen production and refuelling equipment in Quebec. The strategic acquisition will enable CHARBONE to fast-track the commissioning of CHARBONE’s flagship Sorel-Tracy facility phase 1 and empower CHARBONE to produce and deliver first industrial high purity hydrogen (UHP) sales in the upcoming quarter.

    The equipment, currently in use will be dismantled, repurposed and relocated to Sorel-Tracy .

    This transaction follows CHARBONE’s signing of a non-dilutive USD 50 million construction capital facility announced on May 1 and June 4, 2025. While this facility is earmarked for broader project financing rather than this equipment purchase, it demonstrates CHARBONE’s strengthened capital position and ability to scale up its overall development plan.

    Key Investor Highlights

    • Accelerated Timeline : Repurposing proven operating equipment reduces installation costs of new equipment — enabling production by early Q4 2025

    • Selection Process : CHARBONE has been selected as the buyer of the equipment as the seller has accepted $1M in CHARBONE stock as part of a portion of the purchase price at an issue price equal to the market price of CHARBONE’s shares on the TSX Venture Exchange on the effective date plus a cash balance payable in 3 tranches payment , with one-third payment on the effective date and the remaining paid over two years — preserving cash for growth.

    • Operational Progress : Grid connection is completed; Hydro-Québec installed the energy meter on July 22, and completed the interconnection on August 13, while the Town of Sorel-Tracy completed the water connection to its main system, providing the site with the two elements needed for hydrogen production.

    Private Placement Details

    Additionally, CHARBONE is pleased to announce the sequential closings of its $1M non-brokered private placement (the ‘Equity Offering’). The Company has already secured $0.5 million to accelerate the completion of its flagship green hydrogen production facility in Sorel-Tracy, Quebec.

    • The initial tranche involved the issuance of 7,699,666 units. A second tranche for the remaining $0.5M is expected to close by October 15, 2025.

    • The proceeds from the Equity Offering will be primarily allocated to the Company’s purchase of the operating hydrogen equipment, re-installation at the Sorel-Tracy site, and infrastructure development, and general working capital requirements.

    • The closing of the Equity Offering remains subject to the approval of the TSX Venture Exchange and other customary closing conditions. The Company may close a second tranche in the coming days, but no later than October 15, 2025.  All securities issued under the Offering are subject to a statutory four-month and one-day hold period in Canada following the Closing Date

    • This news release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of securities in any jurisdiction where such offer, solicitation, or sale would be unlawful, including in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the 1933 Act ‘) or any applicable state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and relevant state laws, or if an exemption from registration is available

    CEO Comment

    ‘Investors have waited for Sorel-Tracy to move from development to revenue,’ said Dave Gagnon, President and CEO of CHARBONE. ‘By repurposing proven equipment — at a lower cost of a new build — and structuring the deal to preserve cash, we’re entering execution mode with strong capital backing and minimal dilution. He continues; This acquisition positions us to deliver green and high purity hydrogen (UHP) to our industrial customers quicker, and with best-in-class operating equipment.

    Why This Matters

    This acquisition signals a turning point for CHARBONE: after years of development, the company is positioned to deliver its first hydrogen revenues, leverage non-dilutive capital to scale, and capture early-mover advantages in the North American green hydrogen market.

    About Charbone Hydrogen CORPORATION

    CHARBONE is an integrated company specialized in Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and the Asia-Pacific region. It is developing a modular network of green hydrogen production while partnering with industry players to supply helium and other specialty gases without the need to build costly new plants. This disciplined strategy diversifies revenue streams, reduces risks, and increases flexibility. The CHARBONE group is publicly listed in North America and Europe on the TSX Venture Exchange (TSXV: CH,OTC:CHHYF), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47). For more information, visit www.charbone.com .

    Forward-Looking Statements

    This news release contains statements that are ‘forward-looking information’ as defined under Canadian securities laws (‘forward-looking statements’). These forward-looking statements are often identified by words such as ‘intends’, ‘anticipates’, ‘expects’, ‘believes’, ‘plans’, ‘likely’, or similar words. The forward-looking statements reflect management’s expectations, estimates, or projections concerning future results or events, based on the opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unpredictable factors could cause actual results to be materially different from those reflected in the forward-looking statements. The forward-looking statements may be affected by risks and uncertainties in the business of Charbone. These risks, uncertainties and assumptions include, but are not limited to, those described under ‘Risk Factors’ in the Corporation’s Filing Statement dated March 31, 2022, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements.

    Except as required under applicable securities legislation, Charbone undertakes no obligation to publicly update or revise forward-looking information.

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

    Contact Charbone Hydrogen Corporation

    Telephone: +1 450 678 7171

    Email: ir@charbone.com

    Benoit Veilleux

    CFO and Corporate Secretary

    Copyright (c) 2025 TheNewswire – All rights reserved.

    News Provided by TheNewsWire via QuoteMedia

    This post appeared first on investingnews.com

    Gold’s record-breaking rise continued on Friday (September 5), with the price approaching US$3,600 per ounce.

    After spending the summer months consolidating, the yellow metal began breaking out this week. It pushed through US$3,500 on Tuesday (September 5) and then kept rising, coming within less than a dollar of US$3,600 on Friday.

    Gold price chart, August 29, 2025, to September 5, 2025.

    Expectations that the US Federal Reserve will lower interest rates when it meets later this month are part of what’s driving gold’s move. The central bank hasn’t made a cut since December 2024, but comments made by Fed Chair Jerome Powell in a recent Jackson Hole, Wyoming, speech stoked anticipation among market participants.

    US jobs data for August, released on Friday by the Bureau of Labor Statistics (BLS), has essentially locked in a downward move in rates. Nonfarm payrolls were up by 22,000, significantly lower than the 75,000 expected by economists.

    Meanwhile, the country’s unemployment rate came in at 4.3 percent.

    The report is the first to be released since US President Donald Trump fired Erika McEntarfer, former commissioner at the BLS. She was ousted after July jobs data came in lower than expected, and after major downward revisions to May and June jobs numbers. The latest BLS report also brought revisions — the July number was boosted by 6,000 to come in at 79,000, but June stands at a net loss of 13,000 after a downward revision of 27,000.

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

    Target rate probabilities for September 17, 2025, Fed meeting.

    Chart via CME Group.

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

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

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

    In Japan, 30 year bond yields hit a record high.

    Looking at gold’s path forward, experts agree that its prospects are bright, although what kicks off its next leg and how high it could go during this cycle remain to be seen. While rates are in focus as a key price mover right now, other potential drivers include a stock market correction and the return of western investors.

    Watch six experts share their thoughts on gold’s next price trigger.

    Elsewhere in the precious metals space, silver was trading at the US$41 per ounce level, down from its peak of around US$41.30 seen earlier in the week, but still at highs not seen since 2011.

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

    This post appeared first on investingnews.com