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CleanTech Lithium PLC (AIM: CTL), an exploration and development lithium company in Chile, is pleased to announce that at the General Meeting (‘GM‘) held earlier today all the resolutions were duly passed.

Retail Offer

On 10 March 2025 the Company announced the Retail Offer had conditionally raised £143,980, in addition to the £2.4 million raised from a Placing announced on 11 February 2025. 899,873 new ordinary shares (‘Retail Offer Shares‘) will be issued to existing retail shareholders who subscribed via the BookBuild platform at a price of 16 pence per Retail Offer Share pursuant to the Retail Offer.

It is expected that Admission will become effective, and trading of the Retail Offer Shares will commence on AIM, at 8.00 a.m. on 25 March 2025.

Total Voting Rights

Following the issue of the Retail Offer Shares, the Company will have a total of 100,346,774 Ordinary Shares in issue. The Company does not hold any Ordinary Shares in treasury and accordingly the total number of voting rights in the Company is 100,346,774.

With effect from Admission, this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.

Words and expressions defined in the Company’s announcement of 10 March 2025 shall have the same meaning in this announcement.

For further information please visit https://ctlithium.com/

For further information contact:

CleanTech Lithium PLC

Steve Kesler/Gordon Stein/Nick Baxter

Jersey office: +44 (0) 1534 668 321

info@ctlithium.com

Chile office: +562-32239222

Beaumont Cornish Limited (Nominated Adviser)

Roland Cornish/Asia Szusciak

+44 (0) 20 7628 3396

Fox-Davies Capital Limited (Joint Broker)

Daniel Fox-Davies

+44 (0) 20 3884 8450

daniel@fox-davies.com

Canaccord Genuity (Joint Broker)

James Asensio

+44 (0) 20 7523 4680

Beaumont Cornish Limited (‘Beaumont Cornish’) is the Company’s Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish’s responsibilities as the Company’s Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

Notes

CleanTech Lithium (AIM:CTL) is an exploration and development company advancing lithium projects in Chile for the clean energy transition. Committed to net-zero, CleanTech Lithium’s mission is to become a new supplier of battery grade lithium using Direct Lithium Extraction technology powered by renewable energy.

CleanTech Lithium has two key lithium projects in Chile, Laguna Verde and Viento Andino, and exploration stage projects in Llamara and Arenas Blancas (Salar de Atacama), located in the lithium triangle, a leading centre for battery grade lithium production. The two most advanced projects: Laguna Verde and Viento Andino are situated within basins controlled by the Company, which affords significant potential development and operational advantages. All four projects have good access to existing infrastructure.

CleanTech Lithium is committed to utilising Direct Lithium Extraction with reinjection of spent brine resulting in no aquifer depletion. Direct Lithium Extraction is a transformative technology which removes lithium from brine with higher recoveries, short development lead times and no extensive evaporation pond construction. www.ctlithium.com

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African Gold Ltd (ASX: A1G) (“African Gold” or the “Company”) is pleased to announce its plans to secure a strategic investment from Montage Gold Corp. (TSXV: MAU; OTCQX: MAUTF) (“Montage Gold”) and new investors with a total value of up to A$9,174,768.

Highlights

  • Montage Gold and insiders to acquire a 19.9% stake in African Gold via:
    • a share swap of 2,026,388 Montage shares, valued at approximately A$6,466,445, for 92,377,787 African Gold shares at a deemed issue price of A$0.07 per share; and
    • a placement to Montage insiders of 12,371,429 African Gold shares at $0.07 per share raising A$866,000 (before costs).
  • The strategic partnership with Montage Gold will accelerate exploration at African Gold’s highly prospective Didievi gold project and broader tenement portfolio in Côte d’Ivoire.
  • Leadership team strengthened: Montage Gold’s EVP of Exploration, Silvia Bottero, joins the Board as Non-Executive Director, and CEO Martino De Ciccio to serve as a strategic advisor.
  • Montage Gold, recognised for its success in Côte d’Ivoire with the 4Moz+ Koné gold project, has a proven track record of value creation. This investment builds on their successful Sanu Gold (CNSX: SANU) partnership, which has delivered significant shareholder returns.

Key Terms:

  • Share Swap Agreement: African Gold will issue 92,377,787 shares at a deemed issue price of A$0.07 per share to Montage Gold in exchange for an equivalent value of Montage shares (2,026,388 shares) at a deemed issue price of C$2.87 per share1.
  • Placement to Montage insiders: 12,371,429 shares will also be issued to Montage related parties raising A$866,000 (before costs).
  • Following completion, Montage and insiders will hold 19.9%2 of African Gold, with an expected cash-equivalent valuation of $7,332,445.
  • Private Placement: African Gold will conduct a non-brokered private placement for approximately 5.0%2 of its shares to new investors by the issue of 26,318,899 shares at A$0.07 per share, raising approximately A$1,842,323 (before costs).
  • Board & Advisory Roles: Montage Gold’s EVP of Exploration, Silvia Bottero, will join the African Gold Board, while Montage CEO, Martino De Ciccio, will serve as a strategic advisor.
  • Assignment of pre-emptive rights: African Gold will assign to Montage its pre- emptive rights with respect to certain minority interests in the Didivei project, including that of a right to acquire the 20% project level shareholding owned by minority shareholders.
  • Exploration Funding & Oversight: Montage will oversee exploration at the Didievi project, with costs covered by African Gold. A joint technical committee— comprising three African Gold representatives and two from Montage—will determine exploration strategy and expenditures.
  • Right of First Refusal (“ROFR”): On certain asset-level transactions for the Didievi Project.
  • Silvia Bottero and Martino De Ciccio will be granted 5 million options each with an exercise price of $0.10 per share and expiry date three years from date of issue (subject to shareholder approval), recognising their active involvement and contributions to A1G.

This agreement follows the highly successful deal between Montage Gold and Sanu Gold, which enabled Sanu to aggressively advance drilling on its Guinea-focused projects and generate significant shareholder value. The Sanu Gold deal was conducted at C$0.072 per share, with Sanu’s share price rising as high as C$0.32 per share and currently trading at C$0.30 per share.

Africa Gold’s Chief Executive Officer, Adam Oehlman, said“We are excited to partner with Montage Gold given their extensive exploration track record and strong presence in Côte d’Ivoire. This collaboration offers an exciting opportunity to unlock exploration value at notably our flagship Didievi project. Furthermore, Montage’s robust technical due diligence process strengthens our belief that the Didievi project is highly prospective. We are very pleased with the ongoing 10,000-metre drill programme at our Didievi project and look forward to further drilling the property this year given our strengthened financial position.

“As part of this partnership, we are pleased to welcome Silvia Bottero to the African Gold board. With over 20 years of experience in mining, Silvia has a proven track record in driving greenfield discoveries and advancing brownfield projects, particularly in Africa and over the last decade she has been credited with the discovery of over 15Moz of M&I gold resources in Côte d’Ivoire.

“We are also excited to welcome Martino De Ciccio as a strategic advisor to African Gold given his extensive expertise and value creation track record. Moreover, Martino has a profound understanding of the African mining landscape, being recently recognized as one of the 20 most influential people in the African mining sector by Africa Business. Over the last year, under Martino’s leadership, Montage’s market capitalization grew from C$140 million to over C$1 billion given their success in obtaining environmental and mining permits, staffing a high-quality team, obtaining high profile strategic investors, securing over US$950 million in financing, delivering strong exploration results, and launching construction of their project.

“We look forward to working closely with Montage Gold, to maximise the potential of our assets in Côte d’Ivoire.”

Martino De Ciccio, CEO of Montage, commented:“We are very pleased to form a strategic partnership with African Gold and work alongside them to rapidly unlock exploration value across their highly attractive portfolio in Côte d’Ivoire, including the high-grade Didievi project, by leveraging our presence and expertise in the country. Our strategic investment in African Gold follows a thorough review of potential partnerships in Côte d’Ivoire, based on a value-driven approach that considers risk-adjusted geological potential and is supported by technical due diligence.”

Click here for the full ASX Release

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US President Donald Trump has signed an executive order invoking the Defense Production Act to accelerate domestic production of critical minerals, aiming to reduce reliance on foreign sources — particularly China.

The order, signed on March 20, identifies mineral production as a national security imperative and authorizes the Department of Defense, in coordination with the International Development Finance Corporation, to facilitate financing, permitting and investment support for mining and processing essential minerals.

It also directs the Department of the Interior to expedite permits and prioritize mining operations on federal land.

‘Our national and economic security are now acutely threatened by our reliance upon hostile foreign powers’ mineral production,’ the order states. ‘It is imperative for our national security that the United States take immediate action to facilitate domestic mineral production to the maximum possible extent.’

The Defense Production Act, a Cold War-era law originally enacted in 1950, grants the government the authority to direct private industry toward national security objectives. In recent years, the law has been used to ramp up production of defense materials, medical supplies and renewable energy components.

Trump’s use of the act signals a strong shift toward prioritizing domestic resource extraction to counteract China’s dominance in the supply chain and dependence on other nations.

US reliance on foreign minerals

Despite possessing significant reserves, the US remains heavily dependent on mineral imports.

According to the US Geological Survey, the country imports at least 15 critical minerals in large quantities, with 70 percent of America’s rare earths coming from China.

The US also relies on imports for nearly 50 percent of its lithium, 90 percent of its gallium and nearly 100 percent of its graphite, all essential for defense applications and the growing electric vehicle industry.

The move to boost domestic production comes amid growing concerns over China’s tightening export controls.

Beijing has recently begun restricting shipments of germanium, gallium and antimony — materials that are vital for semiconductors and defense systems. In response, US policymakers have pushed for strategic stockpiles and expanded domestic production to reduce vulnerability.

Mixed market response to executive order

Industry leaders have applauded the order, calling it a necessary step toward securing a stable supply chain.

Some US mining companies have also issued statements in support of the executive order.

Ucore Rare Metals (TSXV:UCU,OTCQX:UURAF), which is currently working with the Department of Defense on rare earth elements processing technology, called the order a move that ‘underscores the urgent need to establish robust, domestic rare earth processing capabilities’ in a recent press release.

CEO Pat Ryan noted that the Trump administration’s efforts align with Ucore’s plans to commercialize its refining technology, which would help reduce the country’s dependence on Chinese processing facilities.

Similarly, American Tungsten (CSE:TUNG,OTCQB:DEMRF) praised the initiative, citing the need for an independent tungsten supply chain. ‘This Executive Order is a clear endorsement for America’s mining industry. We believe our tungsten project, the IMA Mine, is a core example of why critical mineral production in the U.S. must be prioritized and addressed without delay,’ commented CEO Murray Nye in a statement.

However, environmental groups have criticized the order, warning that it could weaken safeguards meant to protect public lands from excessive mining activity. ‘Yet again, President Trump is trying to ignore the law and dictate that our national public lands be handed over to private companies for extraction and profit above all else,’ Bloomberg quotes Rachael Hamby, policy director at the Center for Western Priorities, as saying.

Many environmental advocates prefer stronger regulations, and have long warned that increased mining activity, particularly on federal lands, could lead to pollution, habitat destruction and water contamination.

The order directs federal agencies to produce a list of US mines that could be quickly approved, and to assess which federal lands, including those managed by the Pentagon, could be used for mineral processing.

It also mandates the creation of a centralized forum for buyers and sellers in the critical minerals industry.

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

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President Donald Trump’s Cabinet outlined billions of dollars in contracts it says it has canceled since he took office, including a ‘$300,000 contract educating on food justice for queer and transgender farmers in San Francisco’ and $830 million on surveys described as looking like ‘anyone’s child in junior high could have put together.’ 

The contracts, which Trump said represented ‘fraud,’ are being canceled as Elon Musk and the Department of Government Efficiency (DOGE) are trying to eliminate wasteful spending by the federal government. 

‘Even at the U.S. Department of Agriculture, we canceled a $300,000 contract educating on food justice for queer and transgender farmers in San Francisco. A similar contract we canceled in New York, again educating transgender and queer farmers on food justice and food equality. I’m not even sure what that means, but apparently the last administration wanted to put out taxpayer dollars towards that,’ Agriculture Secretary Brooke Rollins told Trump. 

‘We canceled a $600,000 contract out of Louisiana that was studying the menstrual cycles of transgender men. We canceled another contract out of a university in the middle of the country that focused on getting more diversity, equity and inclusion into our pest management industry,’ she continued. ‘Again, these are nonsensical, it makes zero sense to use taxpayer dollars to fund these. I know these are just a few examples of the hundreds and hundreds we have found.’ 

Interior Secretary Doug Burgum told Trump that ‘There is a federal consulting group which was a group inside of Interior, but it was managing contracts for many different agencies that flowed through here’ and ‘one of those contracts was to do surveys of individuals, $830 million for surveys.’ 

‘And so part of the question was ‘hey could we actually see the surveys?’ and then the surveys came back and it was, the survey was like 8.5 by 11 sheet of paper with ten questions that anyone’s child in junior high could have put together, or AI could have done for free,’ Burgum said during the Cabinet meeting. ‘$830 million, so that is one that we stopped and that contract was going out after you were inaugurated, sir.’ 

‘It’s fraud,’ Trump responded. ‘But we’ve had many fraudulent contracts that were caught by the work that Elon and his people are doing and working with our people. It’s been brought to light. The fraud, not just waste and abuse. The fraud has been incredible.’ 

An X account linked to the White House said Burgum announced $830 million in savings by ‘cutting contracts for useless surveys.’ 

‘The EPA has now canceled over $22 billion worth of contracts – $2 billion going to this NGO that Stacey Abrams was tied to. They received only $100 in 2023 and then the Biden administration gave them $2 billion,’ Environmental Protection Agency Administrator Lee Zeldin also said. ‘The director of the Greenhouse Gas Reduction Fund saw his former employer get $5 billion dollars. So $20 billion went to just eight NGOs.’ 

‘The partnership with DOGE and Elon Musk has been incredible at EPA. Their team is very talented, we wouldn’t have been able to do it without them and of course this mandate from President Trump to make sure that we identify every last penny, whether we are saving $50,000, five million dollars or $22 billion dollars we will not rest until every last penny is saved. Thank you, Mr. President for the opportunity to do this for the American public,’ Zeldin added. 

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The recent arrest of Istanbul’s Mayor Ekrem İmamoğlu and main rival of President Erdoğan has sparked the largest protests in Turkey in a decade, with over 1,100 people detained in demonstrations across the country.

The Istanbul mayor and 106 other municipal officials and politicians were detained on March 19 for what Human Rights Watch called a politically motivated move to stifle lawful political activities.

‘By forcing Imamoglu out of politics, the government has crossed the line that separates Turkey’s competitive authoritarian regime from a full, Russian-style autocracy in which the president handpicks his opponents and elections are purely for show,’ Gonul Tol, Director of Turkish Program at the Middle East Institute, told Fox News Digital.

A spokesperson from Turkey’s embassy in Washington, D.C., told Fox News Digital that Turkey’s Interior Minister Ali Yerlikaya said 1,133 people have been detained since the arrest of the mayor, and around 123 police officers have been injured since the start of protests. Yerlikaya also alleged that weapons were seized during the protests and the individuals detained were found to have ties to different terrorist organizations and prior criminal records.

Some experts believe the move was orchestrated by Erdoğan to sideline the opposition, silence political dissent and increase his own power.

‘This is a dark time for democracy in Turkey, with such a blatantly lawless move to weaponize the justice system to cancel the democratic process,’ Hugh Williamson, Europe and Central Asia Director at Human Rights Watch, told Fox News Digital in a statement.

In an address to celebrate the festival of Nowruz on Friday, Erdoğan said Turkey was not a country that was found on the street and will not submit to street terrorism.

‘We will not allow public order to be damaged. We will not give in to vandalism or street terrorism,’ Erdoğan said, according to Reuters.

The opposition Republican People’s Party (CHP) held a symbolic primary vote over the weekend and nominated İmamoğlu to be the party’s candidate for president to face Erdoğan in the 2028 elections.

Despite the increased repression and threats to their own safety and security, the Turkish opposition does not yet seem to be backing down.

‘We, as the main opposition party that emerged as the first party in the last local elections in March 2024, will stand firm and resist any kind of oppression by the government,’ İlhan Uzgel, CHP Deputy Chairman for Foreign Policy, told Fox News Digital.

Uzgel said Erdoğan seems frightened of losing power, and is urging opposition supporters to take to the streets to defend democracy, challenge lawlessness, and challenge the Erdoğan government’s abuse of power.  

‘We are happy to see that our people take to the streets despite the occasional use of force by the riot police, and demonstrate peacefully, which is a constitutional right,’ he added.

Imamoglu, who is presently jailed and is awaiting trial on corruption charges, was viewed as the most serious challenger to the decades-long rule of Erdoğan. His detention will likely keep him out of the political opposition for the foreseeable future, dealing a huge blow to Turkey’s pro-democracy movement. 

Tol of the Middle East Institute said Erdoğan is banking on people’s anger dissipating over time and that the mass protests will eventually die down. The election is not scheduled until 2028, and people, Erdoğan hopes, will most likely forget and move on.

The danger, according to Tol, is that street protests in the Middle East and elsewhere tend to go in many different directions, and there is no telling how long the public anger over the arrests will last and how much more popular support the movement will gain.

İmamoğlu, member of the secular Republican People’s Party (CHP), was elected mayor of Istanbul in 2019 and re-elected in 2023. In both elections, he defeated Erdoğan-backed opponents. 

Turkey’s problems come at a time when President Trump is reportedly considering lifting sanctions on the NATO member and resuming the sale of F-35 fighter jets following a recent phone call with Erdoğan.

Reuters contributed to this article.

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President Donald Trump has named Susan Monarez as his nominee for the next director of the Centers for Disease Control and Prevention (CDC), calling the candidate ‘a dedicated public servant.’

Monarez, who is currently acting director of the CDC, replaces Trump’s original nominee for the role, Dr. David Weldon. The Trump administration never gave an official reason why Weldon’s nomination was withdrawn earlier this month, but a source familiar with the matter told Fox News Digital that it would have been a ‘futile effort.’

‘It became clear that the votes weren’t there in the Senate for him to get confirmed,’ the source explained. ‘This would have been a futile effort.’

In a Truth Social post published on Monday, Trump wrote that Monarez ‘brings decades of experience championing Innovation, Transparency, and strong Public Health Systems.’

‘She has a Ph.D. from the University of Wisconsin, and PostDoctoral training in Microbiology and Immunology at Stanford University School of Medicine,’ the president wrote. ‘Dr. Monarez understands the importance of protecting our children, our communities, and our future.’

Trump also claimed that Americans have ‘lost confidence’ in the CDC, citing ‘political bias and disastrous mismanagement,’ as reasons why.

‘Dr. Monarez will work closely with our GREAT Secretary of Health and Human Services, Robert Kennedy Jr,’ the president continued. ‘Together, they will prioritize Accountability, High Standards, and Disease Prevention to finally address the Chronic Disease Epidemic and, MAKE AMERICA HEALTHY AGAIN!’

According to Monarez’s CDC biography, she previously worked at the White House in the Office of Science and Technology Policy and on the National Security Council.

‘[She led] efforts to enhance the nation’s biomedical innovation capabilities, including combating antimicrobial resistance, expanding the use of wearables to promote patient health, ensuring personal health data privacy, and improving pandemic preparedness,’ the biography states. ‘She has also held leadership positions at the Department of Homeland Security and has led numerous international cooperative initiatives to promote bilateral and multilateral health innovation research and development.’

Fox News Digital’s Rachel Wolf and Julia Johnson contributed to this report.

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Speaker Mike Johnson, R-La., is expected to privately meet with Republican members of the House Judiciary Committee on Tuesday, two people familiar with the plans told Fox News Digital.

The timing or reason for the meeting is not immediately clear, but it comes as Republicans in Congress map out how to respond to what they see as ‘activist’ judges blocking President Donald Trump’s agenda.

The committee is currently scheduled to mark up several pieces of legislation, unrelated to the judicial standoff, on Tuesday morning at 10 a.m. ET. Johnson is scheduled to hold his weekly press conference at that time.

It comes as the Trump administration has faced more than a dozen injunctions from various district court judges across the country on a range of policy decisions.

House Majority Leader Steve Scalise, R-La., announced on X Monday that lawmakers would be voting on a bill next week led by Rep. Darrell Issa, R-Calif., to limit U.S. district court judges’ ability to hand down nationwide injunctions.

Fox News Digital was told last week that Trump himself expressed interest in the bill.

Meanwhile, House Judiciary Committee Chairman Jim Jordan, R-Ohio, is expected to hold a hearing on the issue of activist judges early next week.

Several conservative lawmakers have also introduced or threatened resolutions to impeach specific judges blocking Trump’s agenda.

Johnson has been known to meet with various factions of the House GOP when trying to push key pieces of legislation, particularly when there are differing opinions on what to do, to ensure all lawmakers who want to express a viewpoint are heard.

But House GOP leaders have also been privately wary of getting behind any of the calls for impeachment, worried it would not be the most effective approach.

Trump, however, has previously signaled interest in impeaching U.S. district court Judge James Boasberg after he issued an emergency order blocking the administration’s deportation of suspected Tren de Aragua gang members under the Alien Enemies Act.

Rep. Brandon Gill, R-Texas, introduced a resolution to impeach Boasberg for ‘abuse of power’ last week. The legislation gained three new supporters on Monday and now has 19 total co-sponsors.

Some House Republicans expressed hesitation at the idea when asked by Fox News Digital on Monday night, however.

‘We shouldn’t lower the standard for impeachment, but we should – we meaning Congress – should provide a remedy for district court judges who totally overreach,’ Rep. Nick LaLota, R-N.Y., said.

Another House Republican who declined to be named said they were ‘totally opposed’ to impeachment.

‘That’s what the appeals process is for,’ they said.

Rep. Marlin Stutzman, R-Ind., contended that the impeachment resolutions sent a necessary message. 

‘The reason I sponsored Gill’s efforts is just – if we don’t say anything, the judges are going to be like, ‘Oh, we can do whatever we want.’ So they need to know that we are watching and that there’s a group of us that, if that’s what it takes, we would support that,’ Stutzman said.

Rep. Ralph Norman, R-S.C., said Issa’s bill was a ‘start’ but said the House Freedom Caucus would have discussions about whether the group wanted to push for impeachment.

Fox News Digital reached out to Johnson’s office and the House Judiciary Committee for comment but did not immediately hear back.

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U.S. Attorney General Pam Bondi issued a stern warning to those engaged in government fraud at the most recent Cabinet meeting on Monday.

Speaking with President Donald Trump present at the meeting, Bondi thanked Tesla CEO Elon Musk for uncovering ‘fraud, waste and abuse’ through the Department of Government Efficiency (DOGE) initiative.

‘A lot of waste and abuse, but there is a tremendous amount of fraud,’ Bondi began. ‘And, Elon, thank you for your partnership. Thank you for your team. You have uncovered so much fraud in our government.’

Bondi then revealed that an internal task force is involved with bringing those accused of fraud to justice.

‘We will prosecute you,’ the attorney general warned. ‘We have an internal task force now working with every agency sitting here at this table. And if you’ve committed fraud, we’re coming after you. Thank you, Elon.’

Bondi also mentioned that, under Trump’s directive, the Department of Justice (DOJ) will begin seeking the death penalty for those convicted of violent crimes.

‘All of these horrible violent criminals that you’re hearing about around the country, they will face the death penalty federally within our country,’ Bondi said. ‘And the drug dealers need to get out of here, because we are coming after you. We’re going to have 94 great U.S. attorneys around this country, and everyone will be prosecuted to the fullest extent of the law.’

The topic of government fraud was mentioned throughout the meeting, with Musk claiming that he found $330 million worth of waste within the Small Business Administration (SBA).

‘[We found] a case of fraud and waste with the Small Business Administration, where they were handing out $330 million worth of loans to people under the age of 11,’ Musk said. ‘I think the youngest was a nine month year [sic] old who got a $100,000 loan.’

‘That’s a very precocious baby we’re talking about here,’ he joked.

Trump expressed appreciation to both Musk and the rest of the Cabinet for uncovering waste and fraud.

‘We’ve had many fraudulent contracts that were caught by the work that Elon and his people are doing,’ the president said. ‘And working with our people, it’s been brought to light. The fraud, not just waste and abuse, the fraud has been incredible.’

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As women’s sports surge in popularity, professional leagues are increasingly touting the value of female athletes. New professional leagues like SailGP are launching with the advantage of building from the ground up, with gender diversity as part of their DNA.

Noncontact and noncollision sports are leading the way. Formula 1′s F1 Academy has created a pipeline for women into motorsports, with a goal of increasing female participation and representation on and off the racetrack. At the same time, it’s drawing a more diverse fanbase. Roughly 41% of F1 fans now are female, with women aged 16 to 24 years old making up the fastest-growing fan group, according to Nielsen Sports.

Professional male and female athletes are already competing alongside and against each other in the United Pickleball Association’s unified league, the Global Mixed Gender Basketball league and in SailGP, the international sailing league co-founded by Oracle founder Larry Ellison and champion yachtsman Russell Coutts. 

Founded in 2018, the upstart sailing league involves 12 international teams racing on high-speed, 50-foot catamarans known as F50s. At speeds of more than 60 mph, SailGP is gaining a reputation as a sort of Formula 1 on the water.

“The whole goal is to train athletes to be capable of racing on an F50, which is one of the more complex boats in the world — maybe the most difficult boat to race in the world right now,” said Coutts, who is also SailGP’s chief executive officer. 

The league didn’t set out with gender equity goals in mind, Coutts said, but simply sought to create the most compelling competition.  

“We believe that male and female athletes can compete at the top of our sport against each other and with each other, so when we we saw that there was a difference in participation levels — and didn’t really see any logical reason for that — we took some steps to address that and we’ll take further steps in the future,” said Coutts. 

To bridge the experience gap most female sailors face, SailGP created programs to draw and train talent. In December, its Women’s Performance Camp in Dubai, United Arab Emirates, marked its largest on-the-water women’s athlete training camp to date. 

The league also requires each team to have at least one female athlete onboard during races and has set targets to have at least two female athletes per race crew in key positions within the next five years. Those key positions are the driver, who steers the boat; the strategist, who advises on tactics; the wing trimmer, who adjusts the 85- to 90-foot carbon-fiber wing sail; and the flight controller, who dictates how high or low the boat flies over the water.

The next SailGP races take place Saturday and Sunday in San Francisco, the second in back-to-back U.S. weekend races. 

SailGP has embedded inclusivity and sustainability into the competition via an Impact League that runs parallel to the on-the-water championship. Teams earn points for taking action to make sailing more accessible and to protect the environment in order to reach the podium. Winning teams earn cash prize donations to their partners. The Canadian team is in the lead in the Impact League thanks to its work to offer training opportunities, sailing camps and demo days to introduce foiling to new Canadian athletes.

“That changes the mindframe of very competitive people to care, and to compete, in a world of impact and sustainability as well,” said SailGP Chief Marketing Officer Leah Davis. “When you challenge the world’s most competitive people to be good at something else, they will turn their eyes to that pretty quickly, and in a pretty impactful way.”

Off the water, 43% of SailGP’s C-suite is female, up from just 14% in 2021. For comparison, 29% of C-suite roles at Fortune 500 companies are held by women, according to McKinsey’s Women in the Workplace 2024 report. The league last year introduced Apex Group’s accelerator program, aimed at increasing female representation at senior levels of the company. 

It has also introduced initiatives to train more women on the operations, technology and boat-building side of the business. For example, SailGP Technologies based in Southampton, U.K., offers an apprenticeship training scheme — eight participants join the program each year, four male and four female. Today, 33% of directors at SailGP and 52% of heads of departments are female.

The overall business strategy is helping to grow the league’s appeal to a new set of fans. For the first time in its history, more than half of the ticket holders in attendance at last season’s New Zealand Championships in March were female, a trend that has held steady this season.

“This demographic has been underserved in sports,” said SailGP Chief Purpose Officer Fiona Morgan. “A huge part of our headroom in fans is young fans — and actually they’re female fans — who probably didn’t think about sailing, but they like extreme sports or sustainability, or they like sports that have gender equity at the heart.”

In June, Tommy Hilfiger was announced as the United States SailGP team’s official lifestyle apparel partner, joining brands such as Red Bull, Emirates, Mubadala, Rockwool and Deutsche Bank in sponsoring individual teams. In November, SailGP announced it had signed Rolex as its first title sponsor.

“I don’t think many brands nowadays will go into sponsorship that doesn’t have diversity or equity at some point in it,” said Morgan. “Their consumers and their investors will ensure they do that.” 

In September, the league achieved a major milestone, announcing its first female driver. Two-time Olympic sailing champion Martine Grael joined for the 2024-25 season to skipper the new Mubadala Brazil SailGP Team, making history and immediately climbing the leaderboard. 

After championships in Dubai, Auckland, New Zealand, Sydney and Los Angeles, teams from the UK, Australia and New Zealand are leading the league. Grael has steered her team ahead of the Germany SailGP team, and is proving competitive against the more experienced United States team.

“In the past — and still nowadays — you see a lot of people say, ‘Girls shouldn’t do that,’” Grael said. Her response is to call out that old way of thinking: “Shouldn’t do what?”

Grael credits much of her early success to familiarizing herself with the boats using SailGP’s simulator, developing muscle memory before even getting on the water. Unlike traditional boats built with male sailors in mind, SailGP’s modern foiling boats open opportunities for women in roles that do not require as much physical strength, she said. Knowing when to push a button and developing a good feel for the boat are equally important to the more physical functions, said Grael. 

“Some guys have failed to understand that a girl is very much capable of doing the same role they’re doing,” she said.

Grael is among a number of top female athletes competing in key positions in SailGP — including Emirates Great Britain Team’s strategist Hannah Mills and the U.S. team’s Anna Weis — and says though women are still in the minority, things are changing.

Together with women competing in marquee races — like Switzerland’s Justine Mettraux, who took eighth place in the Vendée Globe single-handed, nonstop, nonassisted round-the-world race this year — they are carving a path for a new cohort of women to gain opportunities and make their mark.

“We have been less limited — I grew up never being told I shouldn’t do something,” said Grael. “There’s a big generation of others looking at us, and they’re going to come out strong.”

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