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Shifting Tides in the Stock Market: A New Era for Bulls?

Stock 5 Mins Read

The stock market has been on quite the rollercoaster of late, thanks to news headlines. But investors seem to have shrugged off the past weekend’s geopolitical tensions, at least for now. 

On Tuesday, we saw a surge of enthusiasm. Investors were diving back into stocks and selling off their oil and precious metals holdings. Last week, oil prices spiked amid Middle East tensions, but have now fallen to pre-conflict levels. After what felt like a few weeks of the market moving sideways, maybe the stock market got the catalyst it needed to push the major indexes out of their trading range. A ceasefire between Israel and Iran was enough to get things going.

Stocks Get a Boost

Tuesday’s positive tone helped move the stock market higher, with the S&P 500 ($SPX) closing up 1.1%, finally breaking above the top of its trading range. The Nasdaq Composite ($COMPQ) followed suit, with both indexes within spitting distance of their all-time highs. The Nasdaq 100 ($NDX), which closed 1.53% higher, hit a new all-time high. And let’s not forget the Dow Industrials ($INDU), which is also making a strong attempt to push through key resistance levels, even though it’s a little bit further from its all-time high.

Given the Nasdaq 100’s strong performance on Tuesday, it’s worth taking a closer look at the daily chart of the Invesco QQQ Trust (QQQ).

FIGURE 1. DAILY CHART OF QQQ. The ETF hit a new high on June 24 with a potential Golden Cross. If the relative strength index and percentage price oscillator confirm upside momentum, QQQ could rise higher.Chart source: StockCharts.com. For educational purposes.

Besides hitting a new high, note that the 50-day simple moving average (SMA) crossed above the 200-day SMA. This is referred to as a Golden Cross and can be an early sign of bullishness. While it’s not a guaranteed “green light” at such an early stage, it’s worth watching to see if the 50-day SMA continues to stay above the 200-day SMA.

The relative strength index (RSI) is getting closer to overbought territory. If it crosses above 70, it would be another sign of strong bullish momentum. Similarly, the percentage price oscillator (PPO) needs to move into positive territory, meaning the shorter moving average should cross above the longer one. They’re close, but remember these are lagging indicators, meaning they’ll confirm trends that are already underway. Thus, if the 50-day SMA remains above the 20-day SMA, RSI crosses above 70, and PPO confirms upside momentum, it would confirm further upside move in QQQ.

Another interesting point to note: The Cboe Volatility Index ($VIX) closed at 17.48, which suggests investors are relatively complacent. The VIX was relatively subdued during the Middle East conflict, hitting a high of around 22. With less fear, the charts of the major indexes look like they’re going to hit fresh highs. On Tuesday, Technology, Financials, and Communication Services were the top-performing sectors.

Tech Regains Lead

The Technology sector was powered by semiconductors, which have been driving the market lately. The VanEck Vectors Semiconductor ETF (SMH) has broken above the range it’s been trading within for the last couple of weeks and is now close to its 52-week high (see daily chart of SMH below).

FIGURE 2. DAILY CHART OF SMH. Semiconductors have been driving the stock market lately and broke out above the range from the last couple of weeks.Chart source: StockCharts.com. For educational purposes.

Looking at individual stocks, NVIDIA Corp. (NVDA) was the most actively traded S&P 500 stock. A handful of big names are hitting new all-time highs, too; this includes Broadcom, Inc. (AVGO), Cisco Systems, Inc. (CSCO), International Business Machines (IBM), JP Morgan Chase (JPM), Microsoft Corp. (MSFT), and Netflix Inc. (NFLX), just to name a few. For the complete list, check out the “New Highs” panel in your StockCharts Dashboard; you’ll likely notice a significant percentage of tech stocks on the list.

The positive price action on Tuesday suggests investors are rotating into growth stocks, which signals further upside moves in the S&P 500 and Nasdaq stocks. Here’s a more encouraging sign: even the S&P 500 Equal-Weighted Index ($SPXEW) is breaking out and moving towards its highs. This indicates that the market’s strength isn’t limited to a few big, heavily-weighted growth stocks; participation is much broader.

Travel Stocks Get a Lift

Beyond tech stocks, consumer discretionary stocks also traded higher. The top three performers in the Consumer Discretionary sector were Carnival Corp. (CCL), Norwegian Cruise Lines Holdings (NCLH), and Caesars Entertainment (CZR). The MarketCarpet for the Consumer Discretionary sector below shows travel stocks were strong performers on Tuesday.

FIGURE 3. MARKETCARPET FOR THE CONSUMER DISCRETIONARY SECTOR. The table on the right shows CCL, NCLH, and CZR were the top performers.Image source: StockCharts.com. For educational purposes.

CCL’s stock price gapped up after the company reported strong earnings and guidance. An increase in cruise line bookings indicates consumer sentiment is strong. As a result, cruise lines and travel stocks traded higher. This goes against June’s Consumer Confidence report, which showed weakening confidence. It didn’t seem to impact the market, but it may come back to bite us depending on what news headlines we are likely to receive on Wednesday.

Closing Position

Tuesday’s price action suggests that equities are back on their bullish track after a period of consolidation. Will the upside move hold, or will a negative news headline bring the bears back into the market?

This is where your StockCharts tools come in handy! Keep a close eye on the performance of the major indexes and other helpful indicators such as the RSI and PPO. By using these tools, you can stay on top of the stock market and make investment decisions with greater confidence.

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

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Top 10 Copper-producing Companies

Investing 10 Mins Read

Copper miners with productive assets have much to gain as supply and demand tighten.

In May 2024, the copper price hit a new all-time high of US$10,954 per metric ton (MT) on the London Metal Exchange and US$5.20 per pound on the COMEX on the back of increasing demand and growing supply concerns.

Copper is one of the most important resources for the energy transition. However, in recent years, demand for the red metal has outpaced mining supply. While construction and electrical grids have long been major markets for copper, today the rise in demand for electric vehicles, EV charging infrastructure and energy storage applications are emerging drivers of copper consumption.

Another trend driving future copper demand is the rapid urbanization in the Global South, as rural populations migrate to cities, putting pressure on electricity grids.

Due to the challenges associated with finding, developing, permitting and mining copper deposits, the higher demand is being met by slow growth of new supply. Mines that are in operation tend to be quite large and operate for decades as copper producers concentrate on mine expansions and brownfield projects aimed at extending mine lifetimes.

Given those factors, investors should keep an eye on the world’s top copper miners and their operations.

This list of the 10 largest copper-mining companies in the world is ranked by attributable copper production for 2024.

1. BHP (ASX:BHP,NYSE:BHP,LSE:BHP)

Copper production: 1.46 million metric tons

BHP is one of the world’s largest mining companies, and its global portfolio of assets includes significant copper mining operations in Chile, Australia and Peru.

According to the company’s quarterly operational review data, the mining giant reported consolidated copper production of 1.46 million metric tons across the calendar year 2024.

Its most significant copper asset is the Escondida mine, the world’s largest copper mine. BHP holds a 58 percent stake in the Chilean operation, which, according to MDO data, produced 2.04 billion pounds of copper in 2024. The company wholly owns the Pampa Norte operations in Chile, which produced 586 million pounds of copper in 2024.

BHP also owns the Olympic Dam polymetallic mine, the largest mine in Australia. The South Australian mine hosts one of the world’s largest copper deposits as well as the largest uranium deposit. In 2023, BHP expanded its portfolio in the state with its acquisition of OZ Minerals and its Prominent Hill and Carrapateena copper operations.

2. Codelco

Copper production: 1.44 million metric tons

The Chilean state-owned Codelco is the world’s third-largest producer with copper production of 1.44 million metric tons in 2024. According to its 2024 annual report, its copper output increased 1.2 percent from 1.42 million metric tons in 2023.

Its largest asset is the Chuquicamata mine located in Northern Chile, between 2017 and 2021 annual production was in the 700 million to 850 million pound range. However, lower grades in recent years have led to production falling below 600 million pounds. In 2024, Chuquicamata increased slightly to 637 million pounds.

The mine transitioned from an open pit to an underground mine beginning in 2019. In its report, the company stated that phase one of its continuity infrastructure project had reached 73 percent completion and that plans for the second phase were undergoing feasibility studies.

The company’s other significant Chilean mines include El Teniente, Quebrada Blanca and Andina.

3. Freeport-McMoRan (NYSE:FCX)

Copper production: 1.26 million metric tons

Freeport-McMoRan is consistently ranked among the world’s top copper producers, and its share of copper production from its mines totaled 1.26 million metric tons of copper in 2024. The company reported producing 4.21 billion pounds, or 1.9 million metric tons, of the red metal, calculated on a 100 percent basis for all operations except its Morenci joint venture.

The largest contributor to its output is the Grasberg copper-gold mine in Indonesia. The mine itself is a joint venture between Freeport and state-owned Indonesia Asahan Aluminum, with the entities holding interests of 48.76 percent and 51.24 percent respectively. According to MDO, copper output for the mine in 2024 totaled 1.8 billion pounds.

Grasberg has undergone a transition from an open pit to an underground block cave, and expansion work continues at the site. As of the close of 2024, the mine had 469 open drawbells.

Additionally, Freeport holds a 55 percent stake in the Cerro Verde copper-molybdenum complex in Peru. The mine routinely produces between 800 million and 1 billion pounds of copper and is expected to be in operation until 2052.

Its largest US based operation is its 72 percent owned Morenci mine in Arizona, which produced 700 million pounds in 2024. It also owns the Safford and Sierrita mines in the same state.

4. Glencore (LSE:GLEN,OTC Pink:GLCNF)

Copper production: 951,600 metric tons

Mining major Glencore’s copper production dipped by 6 percent in 2024 to 951,600 metric tons from the 1.01 million metric tons produced in 2023. The company’s 2024 annual report attributed the decline to lower planned production at its Antapaccay and Collahuasi mines due to factors including lower grades, water constraints and geotechnical challenges.

Located along Chile’s coast, Collahuasi is the company’s largest operation, a 44/44/12 joint operation between Glencore, Anglo American (LSE:AAL,OTCQX:NGLOD) and Japan’s Mitsui & Co. (OTC Pink:MITSF,TSE:8031). The mine produced 558,600 metric tons of copper in 2024.

The partners are working to build a large-scale desalination plant designed to help overcome water shortage issues. The plant reached 86 percent completion in 2024 and is expected to begin operating in 2026. Once open, it will provide 1,050 litres of desalinated water per second to the mine via a 194 kilometer pipeline.

Other significant copper-producing assets in the company’s portfolio include Antamina in Peru, Mount Isa in Australia and the Katanga Complex in the Democratic Republic of the Congo.

5. Southern Copper (NYSE:SCCO)

Copper production: 883,462 metric tons

A majority-owned, indirect subsidiary of Grupo Mexico (OTC Pink:GMBXF), Southern Copper recorded 883,462 metric tons of total copper production for 2024, a 6.9 percent increase over 2023. In the company’s 2024 results, the company attributed the increase to higher production across all operations, with a 10.7 percent increase from its Peruvian assets and a 4.3 percent increase from Mexican production.

The company operates major copper mines in Peru and Mexico and has exploration projects in Argentina, Chile, Ecuador, Mexico and Peru.

Its largest copper-producing asset is the Buenavista mine in Northern Mexico, which sits atop one of the world’s largest porphyry copper deposits. According to MDO, the site produces approximately 700 billion to 750 billion pounds of copper per year.

Its other copper operations include the Cuajone and Toquepala mines in Peru and the La Caridad mine in Mexico.

6. Anglo American (LSE:AAL,OTCQX:NGLOD)

Copper production: 772,700 metric tons

British miner Anglo American reported a 6.5 percent decrease in copper production to 772,700 metric tons from 826,200 metric tons in 2023.

The company attributed the decline to lower recovery and grades at the Collahuasi and Los Bronces operations in Chile, noting that the planned closure of the Los Bronces processing plant also impacted production. The company holds a 44 percent stake in Collahuasi and 50 percent in Los Bronces.

In addition to Collahuasi, the company also owns a 60 percent stake in the Quellaveco mine in Peru, with Mitsubishi owning the remaining 40 percent. The open pit mine started operating in 2022 and, according to MDO, produced 675 million pounds of copper in 2024.

It also owns a 50 percent stake in the El Soldado mine in Chile, which it operates in partnership with Mitsui, which holds a 30 percent stake, and Mitsubishi Materials (OTC Pink:MIMTF), which holds the remaining 20 percent. Data from MDO shows that the mine produced 48,200 metric tons of copper in 2024.

7. KGHM Polska Miedz (FWB:KGHA.F)

Copper production: 729,700 metric tons

Poland’s KGHM Polska Miedz Group has operations in Europe, North America and South America, and says that it controls over 40 million metric tons of copper ore resources worldwide. In 2024, KGHM produced 729,700 metric tons of copper, a slight increase from the 710,900 metric tons of copper produced in 2023.

According to MDO, KGHM’s largest operation is the Polkowice-Sieroszowice mine in Western Poland. The mine has been in operation since 1968 and produces approximately 430 million to 440 million pounds of copper annually.

The company’s Polish operations also include the Rudna mine, which produced 338 million pounds of copper last year, and the Lubin mine, which produced 156 million pounds.

Other options under the KGHM banner include the Robinson mine in Nevada, United States, and the 55 percent owned Sierra Gorda mine in Chile.

8. CMOC Group (OTC Pink:CMCLF,HKEX:3993)

Copper production: ~502,600 metric tons

CMOC Group is a new addition to the top 10 after its copper production jumped significantly in 2024, with its share of production from its joint venture copper-cobalt mines in the Democratic Republic of the Congo totaling approximately 502,600 metric tons. On a 100 percent basis, the company reported annual copper production of 650,161 metric tons.

The majority of CMOC’s copper production came from its Tenke Fungurume copper-cobalt mine, an 80/20 joint venture with the state-owned mining firm Gecamines. According to MDO data, the mine has experienced significant growth over the past few years, ramping up from 400 million pounds of copper in 2020 to 618 million pounds in 2023. In 2024, Tenke Fungurume’s copper production soared to 992 million pounds, or 450,138 metric tons.

Its other DRC mine is Kisanfu, a 71/24/5 joint venture with Chinese battery manufacturer Contemporary Amperex Technology (SZSE:300750) and the DRC government. The mine produced 200,013 metric tons of copper cathode in 2024, up substantially from 114,000 in 2023.

9. Antofagasta (LSE:ANTO)

Copper production: 448,800 metric tons

Antofagasta’s share of copper production from its four joint venture operations in Chile totaled 448,800 metric tons in 2024.

The company’s largest operation is its 60 percent owned Los Pelambres mine, a joint venture with Mitsubishi. According to MDO, Los Pelambres’ copper production totaled 320,000 metric tons in 2024, up from 300,000 the previous year.

Its Centinela mine is another significant producer, with 224,000 metric tons of copper mined in 2024. The company is constructing a second concentrator at Centinela that, once it comes online in 2027, should add 144,000 metric tons of copper production annually and extend Centinela’s mine life by 15 years to 2051.

The company’s other Chilean joint ventures are the Antucoya and Zaldivar mines.

10. Teck (TSX:TECK.A,TECK.B,NYSE:TECK)

Copper production: 358,910 metric tons

Rounding out the top 10 is Canada’s Teck, which increased consolidated copper production by 50 percent in 2024, reaching 446,000 metric tons. On an attributable basis, the copper company’s production totaled 358,910 metric tons in 2024.

Much of the gain came from the ramp-up of the Quebrada Blanca mine in Chile. The mine started production in 2023 and produced just 122 million pounds of copper that year. 2024 saw a significant advancement, with the mine producing 458 million pounds of the red metal.

Teck holds a 60 percent ownership stake in the mine, while Japan’s Sumitomo (OTC Pink:SSUMF,TSE:8053) controls a 30 percent stake and Chile’s state-run Codelco owns the final 10 percent.

Teck also owns the Highland Valley mine in British Columbia, Canada. The mine is one of the largest open pit mines in Canada and produced 226 million pounds of copper in 2024.

Other copper operations in the Teck portfolio include Antamina in Peru and Carmen de Andacollo in Chile.

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

This post appeared first on investingnews.com

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Germany, Italy Face Pressure to Repatriate US$245 Billion in Gold as Trust in US Custody Wavers

Investing 5 Mins Read

Germany and Italy are facing mounting domestic pressure to repatriate more than a third of their gold reserves — worth an estimated US$245 billion — currently held in New York by the US Federal Reserve.

Germany and Italy hold the world’s second and third largest gold reserves, trailing only the US. A substantial portion of this metal is stored overseas, primarily in Manhattan’s Federal Reserve Bank.

This longstanding arrangement, based largely on postwar financial realities and New York’s role as a major global gold-trading hub, is now being questioned by officials and commentators across Europe’s political spectrum.

Fabio De Masi, a former member of European Parliament now affiliated with Germany’s new left-wing populist BSW party, told the Financial Times there are “strong arguments” to bring more of Germany’s bullion back home.

Taxpayers Association of Europe (TAE) President Michael Jäger echoed the same sentiments last month: ‘Trump wants to control the Fed, which would also mean controlling the German gold reserves in the US,’ he told Reuters.

‘It’s our money, it should be brought back.’

Similar calls are being echoed in Italy, where economic commentator Enrico Grazzini recently warned that “leaving 43 per cent of Italy’s gold reserves in America under the unreliable Trump administration is very dangerous for the national interest.’ He was writing in Il Fatto Quotidiano ahead of Prime Minister Giorgia Meloni’s visit to Washington.

Fueling this renewed concern are statements made by US President Donald Trump, who earlier this month warned that he may have to “force something” if the US Federal Reserve does not lower interest rates.

Trump has also made direct appeals to the Department of Energy to stimulate oil production, signaling what critics interpret as increasing politicization of independent institutions like the Fed.

The TAE has urged both Germany and Italy to reconsider their reliance on the Fed. “We are very concerned about Trump tampering with the Federal Reserve Bank’s independence,” Jäger said. “Our recommendation is to bring the (German and Italian) gold home to ensure European central banks have unlimited control over it at any given point in time.”

Public skepticism over the safety of foreign gold holdings is not new.

In Germany, a grassroots movement that began in 2010 eventually prompted the Bundesbank to repatriate 674 metric tons of gold from New York and Paris between 2013 and 2017. The operation, which cost 7 million euros, resulted in half of Germany’s reserves being stored domestically by 2020. Nevertheless, 37 percent of its gold remains in the US.

Meloni’s Brothers of Italy party once echoed similar sentiments while in opposition, pledging in 2019 to bring Italy’s gold back home. But since assuming power in 2022, Meloni has largely gone silent on the issue.

Skepticism about US stewardship is not limited to political rhetoric.

According to the World Gold Council’s latest survey on central bank gold reserves, 43 percent of the central banks surveyed plan to increase their gold holdings in the coming year — a record high.

The overwhelming majority of respondents (95 percent) expect global central bank gold reserves to keep rising, citing gold’s performance during crises, its inflation-hedging capabilities and its role as a diversifier. Notably, 59 percent of central banks surveyed reported holding at least part of their gold reserves domestically, up from 41 percent in 2024.

Although the Bank of England remains the most popular vaulting location, the World Gold Council’s survey reveals growing caution over US custodianship: only 7 percent of respondents said they planned to increase domestic storage last year, but the figure jumped significantly in 2025.

New bill calls for US gold audit

Adding another layer of complexity is the push in Washington for greater transparency about America’s gold reserves. House Bill 3795, introduced by Representative Thomas Massie and backed by three co-sponsors, calls for the first comprehensive audit of US gold holdings in over six decades.

The bill would mandate a full inventory and assay of gold stored at Fort Knox, West Point and the Denver Mint, as well as a forensic accounting of all transactions involving US gold over the last 50 years.

“The question as to who actually owns the bars outright is really the most crucial question. And if it is shown that America does not actually own the gold, if the gold is there, but America does not own it, (or) if it has been pledged or leased or swapped or otherwise encumbered in any way … this would be a huge, huge detriment to the US and the global economy.”

Cortez emphasized that prior audits of US gold reserves have been insufficient.

“These aren’t audits that have been done on the metal itself, but rather the storage containers that the metal is supposedly stored in,’ he said. “Owners or operators of a depository who functioned like this would go to jail.”

He also pointed out that much of the gold held by the US government is impure by modern market standards, having been melted down from older coinage. That means even if the bars are there, refinement questions will remain.

While Trump has not explicitly endorsed HB 3795, he has expressed interest in the issue, stating, ‘We’re actually going to Fort Knox to see if the gold is there. Because maybe somebody stole the gold. Tons of gold.’

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

This post appeared first on investingnews.com

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Lode Gold Engages Strategic Advisors to Advance Development of the Fremont Mine in Gold County- Mariposa, California

Investing 7 Mins Read

Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: LODFF) (‘Lode Gold’ or the ‘Company’) is pleased to announce that it has engaged experienced capital markets and strategic advisors to support the advancement of its Fremont Mine in Mariposa, California. These advisors will assist in securing strategic investors and partners as the Company moves into the next phase of development.

As part of its current development strategy, Lode Gold is also engaging with mining contractors and progressing with engineering evaluations aimed at optimizing the mine plan and initiating permitting. The Company’s evaluation is focused on three key priorities:

  • High-grading during early production years to enhance initial project economics
  • Scaling production to over 100,000 ounces per year in later phases

‘Our objective is to take a disciplined and scalable approach to developing the Fremont Project,’ said Wendy T. Chan, CEO and Director at Lode Gold. ‘By securing the right strategic partnership, we will focus on various technical initiatives to optimize project economics, expedite permitting and get to production in near term. Being in a jurisdiction that is now increasingly aligned with domestic resource development, Fremont presents an interesting investment opportunity.’

The Fremont Mine is an advanced-stage exploration and development asset, on 100% private and patented land. It is located in Mariposa, an Opportunity Zone designated to attract investments with tax incentives provided by Trump’s Administration. The 2023 Preliminary Economic Assessment (PEA) outlined positive project economics at a gold price of USD $1,750, based on an annual production rate of approximately 130,000 ounces. More recently, an NI 43 -101 compliant mineral resource estimate (MRE 2025) was completed with a new geological model that separately evaluated vein and stockwork mineralization. Only 8% of the total mineral resource, filed at SEDAR+ (April 2025) has been extracted, mostly in the first 250 m. At a 1 g/t cut-off, the average true width is 53 m (at 3 g/t cut-off, the width is 16.8 m).

Upcoming Near Term 2025-2026 Catalysts:

  • Rehabilitation of 2 km underground workings
  • Expedite access to two adits, out of a total of 14
  • Channel sampling to upgrade resources to M&I
  • Metallurgy and Recovery Studies
  • Geotechnical work and rock mechanics assessments
  • Drilling 3,000 m to initiate Pre-Feasibility Study
  • Completion of Pre-Feasibility Study (underground bulk mining and other optimized methods will be evaluated)

About Lode Gold

Lode Gold (TSXV: LOD) is an exploration and development company with projects in highly prospective and safe mining jurisdictions in Canada and the United States.

In Canada, its assets in Yukon sit on the southern portion of the prolific Tombstone Belt. It covers 99.5 km2 across a 27 km strike.  Over 4,500 m have been drilled with confirmed gold endowment and economic drill intercepts over 50 m. There are four reduced-intrusive targets (RIRGS), in addition to sedimentary-hosted orogenic exploration gold.

In New Brunswick, Lode Gold, through its subsidiary 1475039 B.C. Ltd. (soon to be spun out into Gold Orogen), has created one of the largest land packages with its Acadian Gold Joint Venture, consisting of an area that spans 445 km2 with a 44 km strike. It has confirmed gold endowment with mineralized rhyolites.

In preparation for the spin-out, NI 43 101 technical reports have been prepared for all assets in Yukon and New Brunswick in 2024.

In the United States, the Company is focused on its advanced exploration and development asset, the Fremont Mine in Mariposa, California. According to the NI 43- 101 Compliant 2025 MRE, the asset contains 1.3 Moz at 4.4 g/t (3 g/t cut-off) with an average true width: 16.8 m.

Fremont was previously mined at 10.7 g/t. During gold mining prohibition in WWII, its mining license was suspended. Only 8% of the resource identified in the 2025 MRE has been extracted. This asset has exploration upside and is open at depth (three step-out holes at 1,300 m hit structure and were mineralized) and on strike. This is a brownfield project with over 43,000 m drilled, 23 km of underground workings and 14 adits. The project has excellent infrastructure and is close to electricity, water, roads, railhead and port.

Recently, the Company completed an internal scoping study, with a strategic pivot to 100% underground mining. Previously, in March 2023, the Company completed an NI 43-101 Preliminary Economic Assessment (‘PEA’) with an open pit and underground combination mine. The NI 43-101 technical reports are available on the Company’s profile on SEDAR+ (www.sedarplus.ca) and the Company’s website (www.lode-gold.com).

Qualified Person Statement

The scientific and technical information contained in this press release has been reviewed and approved by Jonathan Victor Hill, Director, BSc (Hons) (Economic Geology – UCT), FAusIMM, and who is a ‘qualified person’ as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101’).

ON BEHALF OF THE COMPANY
Wendy T. Chan 
CEO & Director

Information Contact:

Winfield Ding 
CFO
info@lode-gold.com
+1-(604)-977-GOLD (4653)

Jenna Mosher 
Investor Relations
jenna@lode-gold.com
+1 (604) -977-GOLD (4653) 

Cautionary Note Related to this News Release and Figures

This news release contains information about adjacent properties on which the Company has no right to explore or mine. Readers are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on the Company’s properties.

Cautionary Statement Regarding Forward-Looking Information

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

This news release includes ‘forward-looking statements’ and ‘forward-looking information’ within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements with respect to the use of proceeds, advancement and completion of resource calculation, feasibility studies, and exploration plans and targets. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’, ‘potential’, ‘target’, ‘budget’ and ‘intend’ and statements that an event or result ‘may’, ‘will’, ‘should’, ‘could’ or ‘might’ occur or be achieved and other similar expressions and includes the negatives thereof.

Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which the Company operates, are inherently subject to significant operational, economic, and competitive uncertainties, risks and contingencies. These include assumptions regarding, among other things: the status of community relations and the security situation on site; general business and economic conditions; the availability of additional exploration and mineral project financing; the supply and demand for, inventories of, and the level and volatility of the prices of metals; relationships with strategic partners; the timing and receipt of governmental permits and approvals; the timing and receipt of community and landowner approvals; changes in regulations; political factors; the accuracy of the Company’s interpretation of drill results; the geology, grade and continuity of the Company’s mineral deposits; the availability of equipment, skilled labour and services needed for the exploration and development of mineral properties; currency fluctuations; and impact of the COVID-19 pandemic.

There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include a deterioration of security on site or actions by the local community that inhibits access and/or the ability to productively work on site, actual exploration results, interpretation of metallurgical characteristics of the mineralization, changes in project parameters as plans continue to be refined, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, delays or inability to receive required approvals, unknown impact related to potential business disruptions stemming from the COVID-19 outbreak, or another infectious illness, and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators, including those described under the heading ‘Risks and Uncertainties’ in the Company’s most recently filed MD&A. The Company does not undertake to update or revise any forward-looking statements, except in accordance with applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/256755

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

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Silver Crown Royalties Announces Annual General Meeting Results

Investing 5 Mins Read

(TheNewswire)

TORONTO, ON TheNewswire – June 25, 2025 –Silver Crown Royalties Inc. (‘Silver Crown’, ‘SCRi’, the ‘Corporation’, or the ‘Company’) (Cboe:SCRI; OTCQX:SLCRF; FRA:QS0) reports that all resolutions proposed to shareholders at the annual general meeting of shareholders (held on June 24, 2025) were approved, including the election of all of the director nominees listed in the management information circular for the meeting. Please refer to the report of voting results filed under SCRi’s profile at www.sedarplus.ca for further details.

Voting as to each of the director nominees was as follows:

DIRECTORS

VOTES FOR

VOTES WITHHELD

Peter Bures

201,149

100%

0

0%

Peter Schloo

201,149

100%

0

0%

Peter Simeon

201,149

100%

0

0%

Philip van den Berg

201,149

100%

0

0%

ABOUT Silver Crown Royalties INC.

Founded by industry veterans, Silver Crown Royalties ( Cboe: SCRI | OTCQX: SLCRF | BF: QS0 ) is a publicly traded, silver royalty company. Silver Crown (SCRi) currently has four silver royalties of which three are revenue-generating. Its business model presents investors with precious metals exposure that allows for a natural hedge against currency devaluation while minimizing the negative impact of cost inflation associated with production. SCRi endeavors to minimize the economic impact on mining projects while maximizing returns for shareholders. For further information, please contact:

Silver Crown Royalties Inc.

Peter Bures, Chairman and CEO

Telephone: (416) 481-1744

Email: pbures@silvercrownroyalties.com

FORWARD-LOOKING STATEMENTS

This release contains certain ‘forward looking statements’ and certain ‘forward-looking information’ as defined under applicable Canadian and U.S. securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as ‘may’, ‘will’, ‘should’, ‘expect’, ‘intend’, ‘estimate’, ‘anticipate’, ‘believe’, ‘continue’, ‘plans’ or similar terminology. The forward-looking information contained herein is provided for the purpose of assisting readers in understanding management’s current expectations and plans relating to the future. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual actions, events or results to be materially different from those expressed or implied by such forward-looking information, including but not limited to: the impact of general business and economic conditions; the absence of control over mining operations from which SCRi will purchase gold and other metals or from which it will receive royalty payments and risks related to those mining operations, including risks related to international operations, government and environmental regulation, delays in mine construction and operations, actual results of mining and current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined; accidents, equipment breakdowns, title matters, labor disputes or other unanticipated difficulties or interruptions in operations; SCRi’s ability to enter into definitive agreements and close proposed royalty transactions; the inherent uncertainties related to the valuations ascribed by SCRi to its royalty interests; problems inherent to the marketability of gold and other metals; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; industry conditions, including fluctuations in the price of the primary commodities mined at such operations, fluctuations in foreign exchange rates and fluctuations in interest rates; government entities interpreting existing tax legislation or enacting new tax legislation in a way which adversely affects SCRi; stock market volatility; regulatory restrictions; liability, competition, the potential impact of epidemics, pandemics or other public health crises on SCRi’s business, operations and financial condition, loss of key employees. SCRi has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. SCRi undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

CBOE CANADA DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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NCAA may allow college athletes, staffers to bet on pro sports

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A top NCAA policy-making group on Tuesday, June 24 voted to propose that the association change its rules to allow Division I athletes and athletics staff members to bet on professional sports events, the association announced.

The move by the NCAA Division I Council will not become final until the group concludes meetings on June 25 and will not take effect unless similar governance groups representing Division II and Division III approve the move later this summer. In addition, it will require formal adoption by the Council in October. This past April, the Division III Management Council “took action to support, in concept, noncontroversial legislation deregulating betting on professional sports.”

At that time, by a 21-1 vote, it directed the Council — a panel mainly comprising athletics directors — to: “adopt legislation to deregulate the prohibition on wagering on professional sports and directed the NCAA staff to develop concepts for the appropriate committees to consider regarding a safe harbor, limited immunity or reduced penalties for student-athletes who engage in sports wagering but seek help for problem gambling.” And the Board of Directors has the authority to overrule the Council.

Current NCAA Division I rules say athletes, coaches and administrators cannot “knowingly participate in sports wagering activities or provide information to individuals involved in or associated with any type of sports wagering activities concerning intercollegiate, amateur or professional athletics competition.”

In 2023, 25 athletes from Iowa State and Iowa were arrested for illegal sports betting. Some of those athletes were alleged to have bet on college games. Many of the criminal charges were based on underage betting.

The NCAA’s announcement said that under the Council’s recommendation, college athletes and staff members would continue to be prohibited from betting on college sports and from sharing information with bettors about college sports events. The NCAA also said it would continue to keep NCAA championships free from ‘advertising and sponsorships associated with betting.’

Many college sports coaches’ and athletics directors’ contracts with schools expressly prohibit their involvement with sports betting of any kind. For example, Alabama’s agreement with football head coach Kalen DeBoer states that he is barred from: ‘Soliciting, placing, or accepting … a bet or wager on any intercollegiate or professional athletic contest whether through a bookmaker, a pool, online, or any other person, means, or method, or permitting, encouraging, or condoning such acts by any member of (his) coaching staff, any student-athlete, or any other person; or:

‘Furnishing … information or data relating in any manner to football or any other sport or to any student-athlete to any individual known to (him) to be or whom (he) should reasonably know to be a gambler, bettor, or bookmaker, or an agent of any such person, or the consorting or associating by (DeBoer) with such persons;…’

The Council’s move comes against the backdrop of a proliferation of legalized sports betting in the United State since the Supreme Court struck down federal limits on the activity in May 2018. It is now legal in 38 states and the District of Columbia, according to the American Gaming Association.

‘NCAA rules prohibiting sports betting at all levels were written and adopted at a time when sports gambling was largely illegal nationwide,’ Illinois athletics director and Division I Council chair Josh Whitman said in the NCAA’s statement. ‘As betting on sports has become more widely accepted across the country, Division I members have determined that further discussion of these sports betting rules is warranted, particularly as it relates to the potential distinctions between betting on professional versus collegiate sports. Throughout our discussions, the council has remained focused on student-athlete wellness and educating student-athletes about the risks and potentially harmful impacts of betting.’

NCAA President Charlie Baker has been lobbying lawmakers across the country to ban prop bets on college sports events.

In April, the NCAA and Genius Sports announced the extension of a contract under which the firm provides data to sportsbooks. Under agreement, the firm agreed ‘to strengthen integrity protections and promote responsible betting practices, including limiting risky bet types, ensuring compliance and safeguarding student-athletes,’ according to an announcement by the firm.

This story has been updated with new information

This post appeared first on USA TODAY

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NBA mock draft: Final projection for every team’s first-round pick

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As the NBA calendar crosses off another day and moves on from the NBA Finals – congratulations to Oklahoma City Thunder, and even though the Indiana Pacers came up short, it was enjoyable to watch their commitment – it’s time for the NBA draft.

The Dallas Mavericks, who are still trying recover from trading Luka Doncic, have the No. 1 pick in the first round Wednesday, June 25 (8 p.m., ESPN) and by all accounts, they will select Duke one-and-done forward Cooper Flagg.

Rutgers’ Dylan Harper is the projected No. 2 pick by the San Antonio Spurs, and from there, Baylor’s VJ Edgecombe, Rutgers’ Ace Bailey, Texas’ Tre Johnson, Oklahoma’s Jeremiah Fears and Duke’s Khaman Maluach and Kon Knueppel are in the top-10 mix. All were freshmen last season.

Here’s a look at USA TODAY Sports’ latest NBA mock draft :

(Age listed is age at time of the draft; for U.S. college players, height (without shoes) and weight taken at NBA draft combine)

2025 NBA mock draft

1. Dallas Mavericks: Cooper Flagg, Duke

  • Freshman, guard-forward, 6-7¾ , 221, 18 years old
  • 2024-25 stats: 19.2 ppg, 7.5 rpg, 4.2 apg, 1.4 spg, 1.4 bpg, 48.1% FG, 38.5% 3PT, 84% FT

The do-it-all young star led the Blue Devils in scoring, rebounding, assists and steals. Flagg has outstanding footwork, especially in the low post. He can use either hand on shots in the paint, knows how to run plays, can hit catch-and-shoot 3s and is an active weakside defender. Flagg, who added more muscle since the start of the year, is a physical player who initiates contact, is confident and plays with force when necessary. He led Duke to an impressive season, which includes the ACC regular-season title, ACC tournament title and Final Four appearance. He had 30 points, seven assists and six rebounds in a regional semifinal victory against Arizona and 16 points and nine rebounds in a regional final against Alabama. Flagg had 27 points, seven rebounds, three blocks and two steals in a Final Four loss to Houston.

2. San Antonio Spurs: Dylan Harper, Rutgers

  • Freshman, guard, 6-4½ , 213, 19
  • 2024-25 stats: 19.4 ppg, 4.6 rpg, 4.0 apg, 1.4 spg, 48.4% FG, 33.3% 3PT, 75% FT

The lefty stroke will remind some of Jalen Brunson, but Harper has far more size at 6-6 and tremendous length with a wingspan of 6-foot-10. Harper’s best asset at the next level might be his versatility to run point and play off the ball. In Rutgers’ lone Big Ten tournament game, Harper had 27 points (9-for-21 shooting), eight rebounds, eight assists, two steals and two blocks in a double-overtime loss to Southern California.

3. Philadelphia 76ers: VJ Edgecombe, Baylor

  • Freshman, guard, 6-4, 193, 19
  • 2024-25 stats: 15.0 ppg, 5.6 rpg, 3.2 apg, 2.1 spg, 43.6% FG, 34% 3PT, 78.2% FT

The Bahamian native has displayed his athleticism, has shown he can be explosive and has an elite knack for steals. He will be able to contribute at the NBA level and can be aggressive at the point of attack. The freshman is a high-level off-ball scorer but can improve when it comes to on-ball scoring. Edgecombe logged significant minutes at the end of the season. He had 16 points, six rebounds and one steal in a NCAA Tournament second-round loss to Duke.

4. Charlotte Hornets: Ace Bailey, Rutgers

  • Freshman, guard-forward, 6-7½ , 202, 18
  • 2024-25 stats: 17.6 ppg, 7.2 rpg, 1.3 apg, 1.3 bpg, 46% FG, 34.6% 3PT, 69.2% FT

Bailey is a hyper-athletic wing with length and size coming into a league that prioritizes players built exactly the way he is with exactly the skill set he has: an effortless and reliable shot and an attack-first mentality with an ability to finish at the rim. Needs to improve as a playmaker on the pass and free throws. But even when offense isn’t easy, he remains active on defense. He had 17 points, seven rebounds, three steals and one block in season-ending loss to USC. He is the only U.S. player who has not worked out for any teams, and his approach to the draft could impact where he is drafted.

5. Utah Jazz: Tre Johnson, Texas

  • Freshman, guard, 6-4¾, 190, 19
  • 2024-25 stats: 19.9 ppg, 3.1 rpg, 2.7 apg, 42.7% FG, 39.7% 3PT, 87.1% FT

Johnson is a natural shooter and scorer. He does well when scoring on the move and is a decent playmaker for his size. He still needs to work on his ability to make plays for others. He must also work on his strength and his explosiveness in order to assert himself as a finisher at the rim. He had three 30-point games in the past two months, including 39 against Arkansas on Feb. 26. He had 23 points and six rebounds in an NCAA Tournament loss to Xavier.

6. Washington Wizards: Jeremiah Fears, Oklahoma

  • Freshman, guard, 6-2½, 180, 18
  • 2024-25 stats: 17.1 ppg, 4.1 apg, 4.1 rpg, 1.6 spg, 43.4% FG, 28.4% 3PT, 85.1% FT

Solid start to his freshman season; quick on the dribble; has strength going to the rim and can finish; operates well in the pick-and-roll as a scorer and passer; needs to improve his 3-point shot but potential is there. Fears scored a season-high 31 points and added five assists and four rebounds in a win against ranked Missouri. Fears had a strong SEC tournament, producing 29 points, six rebounds and five steals plus five turnovers in a victory against Georgia and 28 points, five assists, four rebounds and three steals (just one turnover) in a loss to Kentucky. He generated 20 points, five rebounds and four assists in a NCAA Tournament first-round loss to UConn.

7. New Orleans Pelicans: Kon Knueppel, Duke

  • Freshman, guard-forward, 6-5, 219, 19
  • 2024-25 stats: 14.4 ppg, 4.0 rpg, 2.7 apg, 47.9% FG, 40.6% 3PT, 91.4% FT

He can ignite an offense with his 3-point shot, thanks to an efficient motion, seemingly always ready to receive the ball in his shooting pocket. He can also lace shots from midrange, take care of the ball and is money on free throws. In the ACC tournament, Knueppel averaged 21 points (28 against Georgia Tech) and shot 48.6% from the field, stepping up with Flagg injured. He averaged 20.5 points and shot 11-for-22 from the field (4-for-6 on 3s) in two regional games. He had 21 points, five rebounds and five assists in an Elite Eight victory against Alabama, and 16 points and seven rebounds in a Final Four loss to Houston.

8. Brooklyn Nets: Khaman Maluach, Duke

  • Freshman, center, 7-0½, 253, 18
  • 2024-25 stats: 8.6 ppg, 6.6 rpg, 1.3 bpg, 71.2% FG, 76.6% FT

Playing about 20 minutes per game, Maluach is a mobile big who excels in pick-and-rolls and has the hands to catch lobs for easy dunks; soft touch at the rim; shot-blocker/rim protector; active on the offensive glass; will get stronger and has a great aptitude for the game, learning concepts quickly. In four NCAA Tournament games, Maluach, who played for South Sudan at the 2024 Paris Olympics, averages 11.5 points, 4.2 rebounds, 2.0 blocks and shoots 86.9% from the field (20-for-23) and had 14 points and nine rebounds in Elite Eight victory against Alabama. He struggled to make an impact in the Final Four loss to Houston with just six points and no rebounds.

9. Toronto Raptors: Kasparas Jakucionis, Illinois

  • Freshman, guard, 6-4¾, 205, 19
  • 2024-25 stats: 15.0 ppg, 5.7 rpg, 4.7 apg, 44% FG, 31.8% 3PT, 84.5% FT

Jakucionis is a playmaker – a scorer and passer. He has range with a nice 3-ball, can shoot off the dribble from deep, including on step-back 3s, and looks for an open teammate when he draws multiple defenders. Jakucionis sees the court well with savvy passes and likes to get to the rim for layups. But he can be turnover-prone. He struggled offensively at the end of the season, shooting 32.5% from the field and committing 24 turnovers in the final four games. He had 16 points, 10 assists and nine rebounds in a first-round NCAA Tournament victory against Xavier.

10. Houston Rockets (traded to Suns for Kevin Durant): Derik Queen, Maryland

  • Freshman, center, 6-9¼, 248, 20
  • 2024-25 stats: 16.5 ppg, 9.0 rpg, 1.9 apg, 1.1 spg, 1.1 bpg, 52.6% FG, 76.6% FT

An active, physical big man, Queen has a soft touch around the rim with either hand but has a power game, too. He can run the court and handle the basketball well for a power forward-center. He is another potential first-round pick with good hands and footwork and has the mechanics to become a shooter who can stretch the floor. Queen had 27 points, five rebounds and two steals in a Sweet 16 loss to eventual champion Florida.

11. Portland Trail Blazers: Carter Bryant, Arizona

  • Freshman, forward, 6-6½, 215, 19
  • 2024-25 stats: 6.5 ppg, 4.1 rpg, 1.0 apg, 1.0 bpg, 46% FG, 37.1% 3PT, 69.5% FT

The athletic forward provides a solid combination of strength and fluidity. He has lateral quickness to stay in front of the ball and the ability to block shots. He can still improve on his technique as a finisher and in scoring efficiency. He will get an increased opportunity to impress scouts and executives at the draft combine if he enters the draft. Bryant scored 12 points and collected five rebounds and three blocks in 20 minutes in a victory against Akron in the NCAA Tournament.

12. Chicago Bulls: Noa Essengue, Ratiopharm Ulm (Germany)

  • Forward, 6-10, 198, 18
  • 2024-25 stats: 10.8 ppg, 4.8 rpg, 1.1 apg, 51.6% FG, 27% 3PT, 70.5% FT

The next forward with elite finishing ability to come out of France, Essengue figures to be more of a developmental prospect, but his size, instincts at the rim and plus-defensive ability could make him a star if he bulks up.

13. Atlanta Hawks: Collin Murray-Boyles, South Carolina

  • Sophomore, forward, 6-6½, 239, 20
  • 2024-25 stats: 16.8 ppg, 8.3 rpg, 2.4 agp, 1.5 spg, 1.3 bpg, 58.6% FG, 26.5% 3PT, 70.7% FT

Although he’s a bit undersized for a power forward, Murray-Boyles plays with intense effort and determination, which will very quickly please his NBA coaches. He also has plenty of strength to finish at the rim and was the SEC’s No. 3 rebounder. Murray-Boyles had 35 points and seven rebounds against Arkansas late in the regular season and had 20 points and 12 rebounds in a loss to Arkansas in the SEC tournament.

14. San Antonio Spurs: Egor Demin, BYU

  • Freshman, forward, 6-8¼, 199, 19
  • 2024-25 stats: 10.3 ppg, 5.4 apg, 3.8 rpg, 1.2 spg, 41% FG, 27.1% 3PT, 67.5% FT

The Russian is a playmaker who can make quick decisions and facilitate for others. Demin is the size of a wing player but has guard-like skills. On defense, he uses his length to his advantage while forcing turnovers and being active in passing lanes. His shooting efficiency is a concern. Demin had difficulty with his offense as the season progressed. He had just three points with four turnovers, three assists and three rebounds in a Big 12 conference tournament victory against Iowa State and six points on 2-for-9 shooting (1-for-7 on 3s) with four assists and five turnovers in a conference tournament loss to Houston. In three NCAA tournament games, he averaged 13.7 points, 5.7 assists and 4.7 rebounds and was 15-for-35 from the field.

15. Oklahoma City Thunder: Asa Newell

  • Freshman, forward, 6-9, 224, 19
  • 2024-25 stats: 15.4 ppg, 6.9 rpg, 1.0 spg, 1.0 bpg, 54.3% FG, 29.2% 3PT, 74.8% FT

Based off of his size, Newell wouldn’t appear to be as quick and fluid as he is, which should make him an instant threat in pick-and-roll situations. He was one of the lone bright spots for the Bulldogs in a loss against No. 1 Auburn with a team-high 20 points. His scoring dipped at the end of the regular season, however, he had 20 points and eight rebounds in a first-round NCAA Tournament loss to Gonzaga.

16. Memphis Grizzlies (from Orlando): Joan Beringer, KK Cedevita (Adriatic League)

  • Forward-center, 6-10, 230, 18
  • 2024-25 stats: 5.0 ppg, 4.6 rpg, 1.4 bpg, 61.5% FG, 58.4% FT

Beringer has gained traction among NBA scouts and executives as a mobile big man who can run the pick-and-roll as a screener on offense and guard the pick-and-roll. He doesn’t have a lot of experience but his potential, especially as a rim protector, has made him a first-round prospect. Another player who has improved throughout the season.

17. Minnesota Timberwolves: Jase Richardson, Michigan State

  • Freshman, guard, 6-0½, 178, 19
  • 2024-25 stats: 12.1 ppg, 3.3 rpg, 1.9 apg, 49.3% FG, 41.2% 3PT, 83.6% FT

Richardson improved as the season progressed and turned into the Spartans’ steady hand with the basketball as a shooter (inside and out) and facilitator. He is an active defender with surprising bouts of athleticism. He also has a knack for collecting rebounds, big plays and poise under pressure. He had an up-and-down NCAA Tournament in four games – 5-for-11 shooting and 15 points against Bryant, 1-for-10 shooting against New Mexico, 20 points on 6-for-8 shooting against Ole Miss, and 4-for-13 shooting against Auburn.

18. Washington Wizards: Thomas Sorber, Georgetown

  • Freshman, forward-center, 6-9¼, 263, 19
  • 2024-25 stats: 14.5 ppg, 8.5 rpg, 2.4 apg, 2.0 spg, 53.2% FG, 72.4% FT

The standout freshman required surgery to repair a foot injury suffered Feb. 15 and missed the rest of the season. That could alter his plans for the draft, but Sorber is a stellar inside threat who’s just as comfortable cutting to the basket on pick-and-rolls as he is backing down opponents. His rebounding and rim protection will make him an asset, as he continues to grow into his frame.

19. Brooklyn Nets: Liam McNeeley, UConn

  • Freshman, forward, 6-6¾, 215, 19
  • 2024-25 stats: 14.5 ppg, 6.0 rpg, 2.3 apg, 38.1% FG, 31.7% 3PT, 86.6% FT

What McNeeley may lack in fluid athleticism, he more than makes up for with a smooth, natural shot and knack for drawing fouls and getting to the free throw line. He also has a quick release and plenty of range to suggest that he should get early minutes. He bounced back since suffering an ankle injury New Year’s Day that had sidelined him for a few weeks. McNeeley struggled with his shot at times down the stretch. In a Big East tournament loss to Creighton, McNeeley had 13 points on 6-for-20 shooting (0-for-5 on 3-pointers), and in his final eight games before the NCAA Tournament, he shot 34.1% from the field and 28.2% on 3s. In two NCAA Tournament games, he was 8-for-29 from the field, including 3-of-16 on 3s.

20. Miami Heat: Nolan Traore, Saint-Quentin (France)

  • Guard, 6-4, 175, 19
  • 2024-25 stats: 12 ppg, 4.8 apg, 1.9 rpg, 40.9% FG, 31.4% 3PT, 72.8% FT

Traore is a point guard who can score and pass and has court awareness but also a propensity for bad turnovers. He’s quick, can get to the rim and is comfortable taking his defender off the dribble. Needs to work on his shooting efficiency, especially on 3s. His brother, Armel, was on a two-way contract with the Los Angeles and South Bay Lakers before being waived in February.

21. Utah Jazz: Nique Clifford, Colorado State

  • Fifth-year graduate season, guard, 6-5¼, 202, 23
  • 2024-25 stats: 18.9 ppg, 9.6 rpg, 4.4 apg, 1.2 spg, 49.6% FG, 37.7% 3PT, 77.7% FT

Clifford is a versatile wing who does a lot of things – scoring, rebounding, passing and defending. He has a quick burst on drives to the basket and can finish with force or finesse. He logged big minutes for Colorado State and was excellent in the Rams’ final six games before the NCAA tournament, posting 25.3 points, 7.8 rebounds, 5.2 assists and 1.5 steals and shooting 60% from the field, including 54.8% on 3s. He had 36 points against Boise State at the end of the regular season and recorded two double-doubles in the Mountain West tournament. Clifford had 21 points, seven rebounds, six assists and two blocks in an NCAA tournament second-round loss to Maryland.

22. Atlanta Hawks: Cedric Coward, Washington State

  • Senior, guard, 6-5¼, 213, 21
  • 2024-25 stats: 17.7 ppg, 7.0 rpg, 3.7 apg, 55.7% FG, 40% 3PT, 83.9% FT

Coward started his college career at Division III Willamette University, then transferred to Eastern Washington and then switched to Washington State. He played in just six games in 2024-25 with a shoulder injury ending his senior season in November. Coward has great size for a guard, is solid on catch-and-shoot 3s and has the ability to get to the rim.

23. New Orleans (from Indiana): Danny Wolf, Michigan

  • Junior, forward-center, 6-10½, 252, 21
  • 2024-25 stats: 13.2 ppg, 9.7 rpg, 3.6 apg, 1.4 bpg, 49.7% FG, 33.6% 3PT, 59.4% FT

The Yale transfer turned into a first-round selection thanks to his fluid scoring and play-making portfolio in the package of a 7-foot stretch big. Wolf played point guard at times this season for the Wolverines just like he played center. His handles make him a threat as the initiator in pick-and-roll actions and his range should translate to the NBA. Wolf had 21 points and 14 rebounds against Maryland in the Big Ten tournament semifinals and shot 52.9% from the field as the Wolverines won the conference tourney. He had 20 points and six rebounds in a NCAA regional semifinals loss to Auburn.

24. Oklahoma City Thunder: Will Riley, Illinois

  • Freshman, forward, 6-8¼, 186, 19
  • 2024-25 stats: 12.6 ppg, 4.1 rpg, 2.2 apg, 43.2% FG, 32.6% 3PT, 72.4% FT

Great size for a shooting guard who can make 3s and find open teammates. Like many, looks for offensive rebounds. His shot is a work in progress but the mechanics are there and he improved as a shooter and scorer as the season progressed. He shot 37-for-72 (51.4%) from the field and averaged 16.3 points in the Illini’s final six games.

25. Orlando Magic: Rasheer Fleming, Saint Joseph’s

  • Junior, forward, 6-8¼, 232, 20
  • 2024-25 stats: 14.75 ppg, 8.5 rpg, 1.5 bpg, 1.4 spg, 1.3 apg, 53.1% FG, 39% 3PT, 74.3% FT

Fleming is a mobile forward who plays a physical game and has strong footwork to finesse his way around defenders. He likes to get easy buckets in transition, his 3-point percentage in nearly five attempts per game is encouraging and he is valuable in pick-and-rolls as the screener. Defensively, he deflects passes and can protect the rim. Fleming averaged 18.8 points and 7.7 rebounds and shot 58.9% in the last six regular-season Atlantic 10 Conference contests.

26. Brooklyn Nets: Maxime Raynaud, Stanford

  • Senior, center, 7-0¼, 237, 22
  • 2024-25 stats: 20.2 ppg, 10.6 rpg, 1.7 apg, 1.4 bpg, 46.7% FG, 34.7% 3PT, 77% FT

Born in Paris, Raynaud spent four seasons at Stanford and was first-team All-ACC his senior season. He can make 3s, rebound, protect the rim – the easy comparison is Oklahoma City’s Chet Holmgren. Raynaud works well in the pick-and-roll, runs the floor well, sees the court and can play in the low post.

27. Brooklyn Nets: Walter Clayton Jr., Florida

  • Senior, guard, 6-2, 199, 22
  • 2024-25 stats: 18.3 ppg, 4.2 apg, 3.7 rpg, 1.2 spg, 44.8% FG, 38.6% 3PT, 85.7% FT

Named the Most Outstanding Player of the Final Four, Clayton had 34 points in the national semifinals against Auburn and 11 points, seven assists and five rebounds in the championship victory against Houston. He also scored 30 points in a regional final against Texas Tech and was 21-for-42 from the field in the Gators’ final three games. Has range on 3-point shots and can shoot off the dribble or pass but needs to improve as a playmaker and defender.

28. Boston Celtics: Hugo Gonzalez, Real Madrid (Spain)

  • Guard-forward, 6-7, 207, 19
  • 2024-25 stats: 3.2 ppg, 1.7 rpg, 41% FG, 28.1% 3PT, 73.9% FT

One of Europe’s top young NBA prospects, Gonzalez is a versatile wing with the ability to score inside and out. He can handle the basketball, pass and is a surprising shot-blocker. He’s still raw.

29. Phoenix Suns: Drake Powell, North Carolina

  • Freshman, guard-forward, 6-5¼, 200, 19
  • 2024-25 stats: 7.4 ppg, 3.4 rpg, 1.1 apg, 48.3% FG, 37.9% 3PT, 64.8% FT

Active on both ends of the court as a shot-blocker and physical and versatile defender, and as a player who likes to run the court, launch catch-and-shoot 3s and go one-on-one in the halfcourt. Playing on a deep team, especially on the perimeter, Powell doesn’t possess eye-popping offensive stats but his shooting stats reveal his potential. Was an efficient scorer in limited opportunities and can be a solid rebounder from the perimeter.

30. Los Angeles Clippers: Ben Saraf, Ratiopharm Ulm (Germany)

  • Guard, 6-6, 200, 19
  • 2024-25 stats: 12.2 ppg, 4.3 apg, 2.6 rpg, 1.2 spg, 45.5% FG, 28.6% 3PT, 72.7% FT

He’s just as comfortable knocking down a step-back jumper, finding creases in the paint and dishing the ball with excellent vision. He may need some time to develop as he adjusts to NBA athletes, but his length and size at point guard will make him an intriguing prospect.

This post appeared first on USA TODAY

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Kyrie Irving opts out, plans to sign new deal with Mavs, per report

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All-Star guard Kyrie Irving opted out of the final year of his contract with the Dallas Mavericks for the 2025-26 season and plans to sign a three-year, $119 million deal with the Mavs, according to ESPN.

Irving, 33, had one season and $42.9 million left on his three-year, $120 million deal but decided to seek a longer contract. He underwent surgery on March 26 for a torn anterior cruciate ligament in his left knee – an injury sustained against the Sacramento Kings – and will miss a significant portion of next season.

As the Mavericks try to maintain roster flexibility under the salary cap, they plan to sign Irving to a longer deal but at an amount closer to $40 million per season. Irving opting out and planning to sign at a lower number should give the Mavs access to a $5.7 million mid-level exception for a roster addition, according to ESPN front-office insider Bobby Marks.

Irving averaged 24.7 points, 4.8 rebounds, 4.6 assists and 1.3 steals and shot 47.3% from the field, 40.1% on 3-pointers and 91.6% from the free throw line this season. He made the All-Star team for the ninth time in 2025.

The Mavericks are expected to take Cooper Flagg with the No. 1 pick in the draft on Wednesday, June 25, assembling a team that features Anthony Davis, Daniel Gafford, Dereck Lively II, Klay Thompson, Max Christie, Irving and Flagg.

Dallas lost to Boston in the 2024 NBA Finals and missed the playoffs this season. The Mavericks traded Luka Doncic to the Los Angeles Lakers at the trade deadline, a move that didn’t sit well with Mavs fans. However, the Mavs won the draft lottery with 1.8% odds and rekindled their championship aspirations.

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Steve Spurrier questions Arch Manning’s expectations at Texas

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Fresh off its second straight College Football Playoff semifinal appearance, Texas football enters the 2025 college football season as one of the most looked-forward-to and hyped around teams in the country.

The leading contributing factor to that is Arch Manning, the presumed favorite to win the Heisman Trophy and a preseason frontrunner for No. 1 overall pick in the 2026 NFL Draft, officially running the Longhorns offense.

But as the hype surrounding Manning and Texas continues to build up, former Florida and South Carolina football coach Steve Spurrier isn’t so sure about those expectations. He appeared to have said that much during a recent appearance on the ‘Another Dooley Noted Podcast.’

‘You only have to ask Coach Sark how come you played that one instead of this one. Hopefully, he will say, because he was better than that one.’

Arch, a New Orleans native, is currently listed as the favorite to win the Heisman Trophy according to oddsmakers on BetMGM at +600 odds. Texas has not had a Heisman Trophy winner since Ricky Williams won it in 1998.

The 6-foot-4 quarterback, however, hasn’t had to sit in the passenger seat that whole time, especially this past season. Manning showed flashes of his dual-threat skill set and passing acumen in 2024 for the Longhorns, as he started two games for Texas when Ewers was out with an injury and came on in short-yardage situations late in the season.

In 10 games this past season for Texas, Manning completed 67.8% of his passes for 939 yards and nine touchdowns while rushing for 108 yards and four touchdowns on 25 carries — an unusual sight for a member of the Manning family. In his first career start vs. UTSA on Sept. 14, Manning became the only FBS or NFL quarterback in the last 25 years to record a 75+ yard touchdown pass, a 65-yard rushing touchdown and another 50+ yard touchdown pass in the same game according to OptaStats.

Manning is set to start his first game as Texas’ full-time quarterback on the road at Ohio Stadium in Columbus, Ohio against defending national champion Ohio State, on Aug. 30 at noon ET.

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