Latest news with #TimSmith
Cision Canada
2 days ago
- Business
- Cision Canada
U.S. GoldMining to Join Russell 3000 Index
ANCHORAGE, Alaska, June 2, 2025 /CNW/ - U.S. GoldMining Inc. (NASDAQ: USGO) (" U.S. GoldMining" or the " Company") is pleased to announce that it has been added as a member of the broad-market Russell 3000 ® Index according to a preliminary list published by FTSE on its website in connection with its annual reconstitution of the index. The reconstitution is expected to take effect after the U.S. Market closes on June 27, 2025. The annual reconstitution of the Russell US indexes captures the 4,000 largest US stocks as of April 30, ranking them by total market capitalization. Membership in the Russell 3000 ® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 ® Index or small-cap Russell 2000 ® Index, as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, the global index provider. Tim Smith, Chief Executive Officer of U.S. GoldMining, commented: "It is a significant milestone to see the accomplishments of U.S. GoldMining be recognized through the preliminary inclusion in the Russell 3000 ® Index. This highlights the value creation at our Whistler Gold-Copper Project (the "Project") in Alaska in just over two years since going public with our IPO in April 2023. With the numerous high priority exploration targets at the Project, coupled with recently announced plans to commence an initial economic assessment, we are strongly encouraged by the potential to unlock significant additional value for stakeholders, especially when combined with recent all-time high gold prices and predicted strong future demand for copper." For more information on the Russell 3000 ® Index and the Russell indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website. About U.S. GoldMining Inc. U.S. GoldMining Inc. is an exploration and development company focused on advancing the 100% owned Whistler Gold-Copper Project, located 105 miles (170 kilometers) northwest of Anchorage, Alaska, U.S.A. The Whistler Project consists of several gold-copper porphyry deposits and exploration targets within a large regional land package entirely on State of Alaska mining claims totaling approximately 53,700 acres (217.5 square kilometers). The Whistler Project Mineral Resource Estimate comprises 294 Mt at 0.68 g/t AuEq for 6.48 Moz AuEq Indicated, plus 198 Mt at 0.65 g/t AuEq for 4.16 Moz AuEq Inferred. Visit for more information. Forward-Looking Statements Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" within the meaning of the United States federal securities laws and "forward-looking information" within the meaning of applicable Canadian securities laws (collectively, "forward-looking statements"). Such statements include statements with regard to the Company's expectations regarding the Project and inclusion in the Russell 3000 index. Words such as "expects", "anticipates", "plans", estimates" and "intends" or similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on U.S. GoldMining's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict and involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, the actual results of future exploration may not confirm expectations, variations in the underlying assumptions associated with the estimation or realization of mineral resources, the availability of capital to fund programs, accidents, labor disputes and other risks of the mining industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals or permits, title disputes other risks inherent in the exploration and development of mineral properties and the other risk factors set forth in the Company's filings with the U.S. Securities and Exchange Commission at. and Canadian Securities Administrators at Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release. Forward-looking statements contained in this news release are made as of this date, and U.S. GoldMining does not undertake any duty to update such information except as required under applicable law.
Yahoo
2 days ago
- Business
- Yahoo
U.S. GoldMining to Join Russell 3000 Index
ANCHORAGE, Alaska, June 2, 2025 /CNW/ - U.S. GoldMining Inc. (NASDAQ: USGO) ("U.S. GoldMining" or the "Company") is pleased to announce that it has been added as a member of the broad-market Russell 3000® Index according to a preliminary list published by FTSE on its website in connection with its annual reconstitution of the index. The reconstitution is expected to take effect after the U.S. Market closes on June 27, 2025. The annual reconstitution of the Russell US indexes captures the 4,000 largest US stocks as of April 30, ranking them by total market capitalization. Membership in the Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index, as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, the global index provider. Tim Smith, Chief Executive Officer of U.S. GoldMining, commented: "It is a significant milestone to see the accomplishments of U.S. GoldMining be recognized through the preliminary inclusion in the Russell 3000® Index. This highlights the value creation at our Whistler Gold-Copper Project (the "Project") in Alaska in just over two years since going public with our IPO in April 2023. With the numerous high priority exploration targets at the Project, coupled with recently announced plans to commence an initial economic assessment, we are strongly encouraged by the potential to unlock significant additional value for stakeholders, especially when combined with recent all-time high gold prices and predicted strong future demand for copper." For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website. About U.S. GoldMining Inc. U.S. GoldMining Inc. is an exploration and development company focused on advancing the 100% owned Whistler Gold-Copper Project, located 105 miles (170 kilometers) northwest of Anchorage, Alaska, U.S.A. The Whistler Project consists of several gold-copper porphyry deposits and exploration targets within a large regional land package entirely on State of Alaska mining claims totaling approximately 53,700 acres (217.5 square kilometers). The Whistler Project Mineral Resource Estimate comprises 294 Mt at 0.68 g/t AuEq for 6.48 Moz AuEq Indicated, plus 198 Mt at 0.65 g/t AuEq for 4.16 Moz AuEq Inferred. Visit for more information. Forward-Looking Statements Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" within the meaning of the United States federal securities laws and "forward-looking information" within the meaning of applicable Canadian securities laws (collectively, "forward-looking statements"). Such statements include statements with regard to the Company's expectations regarding the Project and inclusion in the Russell 3000 index. Words such as "expects", "anticipates", "plans", estimates" and "intends" or similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on U.S. GoldMining's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict and involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, the actual results of future exploration may not confirm expectations, variations in the underlying assumptions associated with the estimation or realization of mineral resources, the availability of capital to fund programs, accidents, labor disputes and other risks of the mining industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals or permits, title disputes other risks inherent in the exploration and development of mineral properties and the other risk factors set forth in the Company's filings with the U.S. Securities and Exchange Commission and Canadian Securities Administrators at Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release. Forward-looking statements contained in this news release are made as of this date, and U.S. GoldMining does not undertake any duty to update such information except as required under applicable law. View original content to download multimedia: SOURCE U.S. GoldMining Inc. View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Daily Mail
3 days ago
- General
- Daily Mail
Retired policeman wrongly arrested over 'thought crime' X post wins £20,000 payout
A retired policeman who was wrongly arrested over a social media post warning of a rise in anti-Semitism has won £20,000 in compensation. Julian Foulkes, from Gillingham, was detained at his home by six officers from Kent Police - the very same force he had given ten years of his life to - after he questioned a supporter of pro-Palestine demonstrations on X in November 2023. In the context of a rise in protests at the start of the Israel-Hamas war - and reports of an anti-Semitic mob storming a Russian airport - Mr Foulkes tweeted an activist: 'One step away from storming Heathrow looking for Jewish arrivals…' Mr Foulkes was later handcuffed on his own doorstep by uniformed officers equipped with batons and pepper spray. Officers searched his home and made comments on his 'very Brexity' book collection, before detaining the 71-year-old for eight hours. This month, Kent Police confirmed the caution was a mistake and had been removed from Mr Foulkes's record. In a letter sent to Mr Foulkes' solicitors, the force has now repeated an apology from the chief constable Tim Smith for the 'distress caused by the actions of his officers'. It also confirmed Kent Police would agree to an out-of-court settlement after Mr Foulkes launched a legal challenge for wrongful arrest and detention. The letter, sent by a lawyer for the force, read: 'I am instructed to accept the offer of early resolution without recourse to litigation by payment of compensation in the sum of £20,000 plus your client's reasonable legal fees in full and final settlement of all prospective claims arising from his arrest on Nov 2, 2023.' Mr Foulkes told The Telegraph that although he was 'naturally pleased' that Kent Police had apologised, it was 'never about money'. 'For me, it was a simple matter of right and wrong and I now need to see that the full investigation I have been promised takes place and necessary actions are taken to prevent any recurrence,' he said. Previously, Mr Foulkes spoke to MailOnline to reveal he had accepted an offer from the Free Speech Union to fund a lawsuit against Kent Police for wrongful arrest and detention. He said: 'This is absolutely an Orwellian-style thought crime. It's absolutely ridiculous because I sent a tweet which was reasonable in the circumstances and it was a tweet based on events I'd read about just the previous day and in the previous week. 'It was taken out of context and I really can't go through all the failings of Kent police - as much as I'd like to - but it's been quite astonishing to me especially as I served with them for 10 years.' Kent Police misinterpreted his tweet as being anti-Jewish but has since removed the caution from Mr Foulkes' record as well as his biometric data that was stored in police files. Mr Foulkes said previously: 'I sat on it for nine months or so wondering what to do - whether to go public but decided it was best to speak out. 'Career-wise it's not going to hurt me. At my age, I've got no plans to work again so that's not something that affects me. 'In practical terms the worst thing was the injustice and that's the thing I wanted to tackle because there's right and wrong - and I knew they were wrong. 'I got the right result in getting the caution overturned and it's not something Kent Police - indeed any police force do very often.'
The Advertiser
3 days ago
- General
- The Advertiser
Japanese submarine from WWII attack may have been found
More than 80 years on from a dark moment in Australia's military history, researchers believe they might have tracked down a Japanese submarine involved in a World War II attack. A KD7 class submarine I-178 that torpedoed a Allied ship might be wrecked off the coast of Coffs Harbour with researchers pointing to "strong evidence". Heritage NSW released the new study on the 83rd anniversary of the Japanese attack on the Sydney Harbour, where three submarines entered in 1942. Australian air force planes bombed an unidentified ship about 104km southwest of Coffs Harbour, while eye witnesses saw an oil slick the day after off Nambucca Heads. Heritage NSW assessments director Tim Smith said the study recommended a seabed survey of the area to locate the submarine. "The detailed research shines new light on this dark period of our history and adds weight to the hypothesis that the long lost I-178 lies on the ocean floor off the coast of Coffs Harbour, while also strongly rejecting one theory that it sank near Vanuatu," he said. "Interestingly, we don't know why this particular submarine - which should have been capable of staying underwater for long periods - was caught on the surface twice in a short space of time." The study suggests it may have had battery or operational problems from a previous attack which prevented it from submerging. The 105-metre Japanese KD7 class submarine I-178 and its 89 crew were declared lost in 1943 and have never been located. The last signal it sent back to headquarters was on June 18, 1943. Axis naval forces killed 214 people and sunk 23 ships in NSW waters in attacks between 1941 and 1944. Three midget submarines entered Sydney Harbour on May 31, 1942, but two were detected and attacked before launching their own offensives. The third submarine was discovered off Sydney's northern beaches in 2006. More than 80 years on from a dark moment in Australia's military history, researchers believe they might have tracked down a Japanese submarine involved in a World War II attack. A KD7 class submarine I-178 that torpedoed a Allied ship might be wrecked off the coast of Coffs Harbour with researchers pointing to "strong evidence". Heritage NSW released the new study on the 83rd anniversary of the Japanese attack on the Sydney Harbour, where three submarines entered in 1942. Australian air force planes bombed an unidentified ship about 104km southwest of Coffs Harbour, while eye witnesses saw an oil slick the day after off Nambucca Heads. Heritage NSW assessments director Tim Smith said the study recommended a seabed survey of the area to locate the submarine. "The detailed research shines new light on this dark period of our history and adds weight to the hypothesis that the long lost I-178 lies on the ocean floor off the coast of Coffs Harbour, while also strongly rejecting one theory that it sank near Vanuatu," he said. "Interestingly, we don't know why this particular submarine - which should have been capable of staying underwater for long periods - was caught on the surface twice in a short space of time." The study suggests it may have had battery or operational problems from a previous attack which prevented it from submerging. The 105-metre Japanese KD7 class submarine I-178 and its 89 crew were declared lost in 1943 and have never been located. The last signal it sent back to headquarters was on June 18, 1943. Axis naval forces killed 214 people and sunk 23 ships in NSW waters in attacks between 1941 and 1944. Three midget submarines entered Sydney Harbour on May 31, 1942, but two were detected and attacked before launching their own offensives. The third submarine was discovered off Sydney's northern beaches in 2006. More than 80 years on from a dark moment in Australia's military history, researchers believe they might have tracked down a Japanese submarine involved in a World War II attack. A KD7 class submarine I-178 that torpedoed a Allied ship might be wrecked off the coast of Coffs Harbour with researchers pointing to "strong evidence". Heritage NSW released the new study on the 83rd anniversary of the Japanese attack on the Sydney Harbour, where three submarines entered in 1942. Australian air force planes bombed an unidentified ship about 104km southwest of Coffs Harbour, while eye witnesses saw an oil slick the day after off Nambucca Heads. Heritage NSW assessments director Tim Smith said the study recommended a seabed survey of the area to locate the submarine. "The detailed research shines new light on this dark period of our history and adds weight to the hypothesis that the long lost I-178 lies on the ocean floor off the coast of Coffs Harbour, while also strongly rejecting one theory that it sank near Vanuatu," he said. "Interestingly, we don't know why this particular submarine - which should have been capable of staying underwater for long periods - was caught on the surface twice in a short space of time." The study suggests it may have had battery or operational problems from a previous attack which prevented it from submerging. The 105-metre Japanese KD7 class submarine I-178 and its 89 crew were declared lost in 1943 and have never been located. The last signal it sent back to headquarters was on June 18, 1943. Axis naval forces killed 214 people and sunk 23 ships in NSW waters in attacks between 1941 and 1944. Three midget submarines entered Sydney Harbour on May 31, 1942, but two were detected and attacked before launching their own offensives. The third submarine was discovered off Sydney's northern beaches in 2006. More than 80 years on from a dark moment in Australia's military history, researchers believe they might have tracked down a Japanese submarine involved in a World War II attack. A KD7 class submarine I-178 that torpedoed a Allied ship might be wrecked off the coast of Coffs Harbour with researchers pointing to "strong evidence". Heritage NSW released the new study on the 83rd anniversary of the Japanese attack on the Sydney Harbour, where three submarines entered in 1942. Australian air force planes bombed an unidentified ship about 104km southwest of Coffs Harbour, while eye witnesses saw an oil slick the day after off Nambucca Heads. Heritage NSW assessments director Tim Smith said the study recommended a seabed survey of the area to locate the submarine. "The detailed research shines new light on this dark period of our history and adds weight to the hypothesis that the long lost I-178 lies on the ocean floor off the coast of Coffs Harbour, while also strongly rejecting one theory that it sank near Vanuatu," he said. "Interestingly, we don't know why this particular submarine - which should have been capable of staying underwater for long periods - was caught on the surface twice in a short space of time." The study suggests it may have had battery or operational problems from a previous attack which prevented it from submerging. The 105-metre Japanese KD7 class submarine I-178 and its 89 crew were declared lost in 1943 and have never been located. The last signal it sent back to headquarters was on June 18, 1943. Axis naval forces killed 214 people and sunk 23 ships in NSW waters in attacks between 1941 and 1944. Three midget submarines entered Sydney Harbour on May 31, 1942, but two were detected and attacked before launching their own offensives. The third submarine was discovered off Sydney's northern beaches in 2006.
Perth Now
3 days ago
- General
- Perth Now
Japanese submarine from WWII attack may have been found
More than 80 years on from a dark moment in Australia's military history, researchers believe they might have tracked down a Japanese submarine involved in a World War II attack. A KD7 class submarine I-178 that torpedoed a Allied ship might be wrecked off the coast of Coffs Harbour with researchers pointing to "strong evidence". Heritage NSW released the new study on the 83rd anniversary of the Japanese attack on the Sydney Harbour, where three submarines entered in 1942. Australian air force planes bombed an unidentified ship about 104km southwest of Coffs Harbour, while eye witnesses saw an oil slick the day after off Nambucca Heads. Heritage NSW assessments director Tim Smith said the study recommended a seabed survey of the area to locate the submarine. "The detailed research shines new light on this dark period of our history and adds weight to the hypothesis that the long lost I-178 lies on the ocean floor off the coast of Coffs Harbour, while also strongly rejecting one theory that it sank near Vanuatu," he said. "Interestingly, we don't know why this particular submarine - which should have been capable of staying underwater for long periods - was caught on the surface twice in a short space of time." The study suggests it may have had battery or operational problems from a previous attack which prevented it from submerging. The 105-metre Japanese KD7 class submarine I-178 and its 89 crew were declared lost in 1943 and have never been located. The last signal it sent back to headquarters was on June 18, 1943. Axis naval forces killed 214 people and sunk 23 ships in NSW waters in attacks between 1941 and 1944. Three midget submarines entered Sydney Harbour on May 31, 1942, but two were detected and attacked before launching their own offensives. The third submarine was discovered off Sydney's northern beaches in 2006.
