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June 13, 2025

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Iran will not be participating in the nuclear negotiations with the United States scheduled on Sunday, the country announced on state television on Friday in the wake of Israel’s airstrikes on Iran’s nuclear program and ballistic missile sites this morning.

Iran has also launched retaliatory attacks with Israel claiming the country has launched over 100 drones in the last few hours. 

Explosions were reported across Tehran, the central city of Natanz—home to one of Iran’s major nuclear enrichment plants—and several other locations.

Israeli Prime Minister Benjamin Netanyahu declared that Israeli forces had “struck at the heart of Iran’s nuclear enrichment program,” claiming they had also eliminated top Iranian military figures.

Among those reportedly killed in the strikes were Mohammad Bagheri, Iran’s Chief of Staff, and Hossein Salami, commander of the Islamic Revolutionary Guards Corps (IRGC), according to both Israeli authorities and Iranian state media.

Former US President Donald Trump, who withdrew the US from the original 2015 nuclear agreement during his first term, had expressed concern over the timing of the Israeli strikes.

“I worry this could blow the negotiations,” Trump said Thursday, adding that he had ordered some American personnel to evacuate the Middle East in case of Iranian counterstrikes that “could include missiles flying into their buildings.”

Iran has retaliated with over 100 drones, Israel claims

As news of the airstrikes broke, Iran launched a retaliatory barrage, with Israel claiming over 100 drones were deployed in response.

Air raid sirens reportedly sounded in several Israeli cities, though details of the damage remain sparse.

The situation has cast a shadow over the US-Iranian diplomatic efforts.

Negotiators from both countries were set to meet in Oman for the sixth round of discussions aimed at reviving the 2015 nuclear deal, which imposed strict limits on Iran’s uranium enrichment in exchange for sanctions relief.

However, with Iran pulling out of the talks, the future of diplomatic engagement appears increasingly uncertain.

The talks had already been strained over whether Iran should be allowed to continue enriching uranium on its own soil—a right Tehran insists is non-negotiable.

IAEA confirms Natanz hit, but no radiation leak

The IAEA confirmed that the Natanz nuclear facility, a critical site for Iran’s uranium enrichment, had been struck but reported no abnormal radiation levels.

Iran’s Bushehr nuclear power plant, the country’s first civilian nuclear facility, was not targeted in the attacks, Iranian officials told the watchdog.

Natanz, located about 150 miles south of Tehran, houses Iran’s most advanced centrifuges and has long been viewed by Western and Israeli intelligence agencies as a focal point of its nuclear ambitions.

“The type of concrete that (the Iranians) use is actually a very specialized, hardened concrete,” CNN military analyst Cedric Leighton said.

“It’s unclear whether Israel’s bombs can penetrate that type of concrete,” he said, adding that the Israelis would have to mount waves and waves of attacks.

Visual evidence from the scene showed thick plumes of smoke rising above the complex, though the full extent of the damage remains unclear.

Why does Israel oppose Iran’s nuclear activities?

Israel has long opposed any scenario where Iran could obtain a nuclear weapon.

The enmity between the two countries dates back to the 1979 Iranian Revolution and is exacerbated by Iran’s financial and military support to Hezbollah, Hamas, and other militant groups arrayed against Israel.

Analysts warn that Iran’s nuclear program has reached a critical point.

The International Atomic Energy Agency (IAEA) issued its first censure of Iran in two decades on Thursday, accusing Tehran of failing to comply with its nuclear nonproliferation commitments.

Iran rejected the censure, claiming it undermined the credibility of the global nuclear watchdog.

In May, Reuters reported seeing an IAEA report that found that Iran had carried out secret nuclear activities with material not declared to the nuclear watchdog at three locations that have long been under investigation.

In a separate report by IAEA, the watchdog said Iran now possesses enough enriched uranium—at 60% purity—to theoretically produce material for nine nuclear weapons if further refined to weapons-grade levels of 90%.

The fragile legacy of the 2015 deal

The original 2015 nuclear accord, signed under President Barack Obama, aimed to restrict Iran’s enrichment capabilities.

Under the agreement, Iran could enrich uranium to no more than 3.67% and maintain only a limited stockpile of 300kg using basic centrifuge technology.

After Trump’s 2018 withdrawal, Iran began incrementally breaching the deal’s limits, eventually reaching enrichment levels of up to 60%.

Despite severe economic sanctions and covert operations—including the assassination of top Iranian nuclear scientist Mohsen Fakhrizadeh in 2020—Iran’s nuclear development has continued.

With regional tensions at a boiling point, the immediate future of diplomacy looks bleak. As the possibility of further strikes and counterstrikes looms, the world watches nervously for signs of either a renewed dialogue—or a broader conflict.

Will the attack set Iran back on its nuclear programme?

Will Israel’s attack dent Iran’s efforts to advance its nuclear programme?

The Natanz facility has long been the centerpiece of Iran’s nuclear program, producing the majority of the country’s enriched uranium — including much of the near-weapons-grade material accumulated over the past three years.

The full scale of damage to the site following Israeli airstrikes remains unclear.

There is still no confirmation on whether Israel also targeted Fordow, Iran’s second major enrichment facility.

Located deep within a mountain and housed inside an Islamic Revolutionary Guards Corps base, Fordow was deliberately constructed to withstand aerial attacks.

International Atomic Energy Agency (IAEA) Director General Rafael Mariano Grossi, who has toured the site, has noted that it sits nearly a half-mile beneath the surface — making it the most fortified installation in Iran’s nuclear network.

“It may take days, or weeks, to answer one of the most critical questions surrounding the attack of Iran’s facilities: How long has Israel set back the Iranian nuclear program?” David E Sanger, White House and national security correspondent for The New York Times, who has covered Iran’s nuclear program for two decades, writes in a report.

“If the program is delayed only a year or two, it may look as if Israel has taken a huge risk for a fairly short-term delay. And among those risks is not only the possibility of a long-lasting war, but also that Iran will withdraw from the Nuclear Nonproliferation Treaty, take its program underground, and race for a weapon — exactly the outcome Mr. Netanyahu was out to prevent.”

Brett McGurk, who has advised multiple US administrations on Middle East affairs, emphasized the centrality of Fordow:

If you don’t get Fordow, you haven’t eliminated their ability to produce weapons-grade material.

American officials have said Israel does not have the bunker-busting bombs to get at that facility, where Iran’s most advanced centrifuges have been installed.

And if Fordow survives the attacks, then there is a good chance the key technology of the country’s the nuclear program will survive with it.

The post Iran pulls out of US talks after Israel attack: can it dent Iran’s nuclear efforts? appeared first on Invezz

Harvest Gold Corporation (TSXV: HVG) (“Harvest Gold ” or the “Company ”) is pleased to announce the finalization of drill targets for its planned diamond drill program at the Company’s Mosseau Project, located in the Urban-Barry Greenstone Belt of Quebec (Figure 1).

Rick Mark, President and CEO of Harvest Gold, states: “Our geological team has done a tremendous job in compiling and collating the many datasets from the historic work of many companies in the northern area of Mosseau. They also built a new database for the central area with Harvest Gold’s 2024 air and ground programs data, captured using today’s technologies, layered over the data from historic work done sporadically. Drill permits are secured and a drill contract for a 5,000-metre program is signed. We are ready to drill.”

The planned 5,000 metre diamond drill program will focus on testing near-surface gold targets in two key areas of the property, the northern and central areas. (Figure 2, Figure 3, Figure 4). Both of these areas host similar geological, geophysical and structural features:

The more known northern area hosts numerous gold showings that remain open along strike and at depth.

The central area, and particularly the Kiask River Mineralized Corridor, has seen very limited historical exploration and was the focus of Harvest’s 2024 field work.

The drill targets have been developed through a detailed review and integration of:

  • Historical showings
  • Previous exploration work, including Induced Polarization and geological mapping surveys
  • High-resolution airborne magnetic surveys
  • Prospecting and reconnaissance mapping
  • Soil sampling program

These exploration efforts have highlighted fifteen high-priority targets that can host significant gold mineralization. The planned drill program will also be the first systematic testing of the central area of Mosseau and is the beginning of unlocking the mineral potential of the Mosseau Project.

Permits Secured from Quebec Government

Harvest Gold is pleased to report that it has received the required Authorization to Initiate (ATI) permits from the Quebec Government, allowing the Company to proceed with its upcoming drill program. The ATI permits cover the planned drill sites and associated activities for the next two years, ensuring the program is compliant with all regulatory requirements.

Drill Contract Awarded to Forage Rouillier

The Company is also pleased to announce that it has awarded the drill contract for the upcoming program to Forage Rouillier Drilling, based in Amos, Quebec. Forage Rouillier is a highly regarded, locally-based contractor with extensive experience drilling in the Abitibi region. Harvest Gold looks forward to working with Forage Rouillier to execute the program safely and efficiently.

About Harvest Gold Corporation

Harvest Gold is focused on exploring for near surface gold deposits and copper-gold porphyry deposits in politically stable mining jurisdictions. Harvest Gold’s board of directors, management team and technical advisors have collective geological and financing experience exceeding 400 years.

Harvest Gold has three active gold projects focused in the Urban Barry area, totalling 377 claims covering 20,016.87 ha, located approximately 45-70 km west of Gold Fields – Windfall Deposit (Figure 1).

Harvest Gold acknowledges that the Mosseau Gold Project straddles the Eeyou Istchee-James Bay and Abitibi territories. Harvest Gold is committed to developing positive and mutually beneficial relationships based on respect and transparency with local Indigenous communities.

Harvest Gold’s three properties, Mosseau, Urban-Barry and LaBelle, together cover over 50 km of favorable strike along mineralized shear zones.

Qualified Person Statement

All scientific and technical information in this news release has been prepared and approved by Louis Martin, P.Geo., Technical Advisor to the Company and considered a Qualified Person for the purposes of NI 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS

Rick Mark
President and CEO
Harvest Gold Corporation

For more information please contact:

Rick Mark or Jan Urata
@ 604.737.2303 or info@harvestgoldcorp.com

Neither 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.

Forward Looking Information

This news release includes certain statements that may be deemed ‘forward looking statements’. All statements in this news release, other than statements of historical facts, that address events or developments that Harvest Gold expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur.

Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Source

This post appeared first on investingnews.com

Nintendo sold more than 3.5 million units of its flagship Switch 2 gaming system in the four days following its launch, with online stores of major U.S. retailers putting up “out of stock” signs.

The record-breaking start for the company’s first new console in eight years, puts Nintendo on the path to realizing its aim of selling 15 million units of the Switch 2 console in the fiscal year ending March 2026.

However, analysts continue to believe that those expectations are modest, and forecast the strong initial demand to sustain.

“The market expected a record from Nintendo, and as it turns out, Nintendo delivered,” Serkan Toto, CEO and founder of gaming industry consultancy Kantan Games, told CNBC.

“All signals prior to launch pointed to significant demand, and I believe we will see further records broken over the next weeks or months,” he added.

Toto has maintains that the Switch 2 will sell over 20 million units in its first 12 months. David Gibson, senior research analyst at MST Financial told CNBC that he expects 20 million sales for the year ending March 2026.

The Switch 2, which was released on June 5, has been met with much fanfare, with people lining up for hours ahead of midnight releases at Nintendo stores.

“Fans around the world are showing their enthusiasm for Nintendo Switch 2 as an upgraded way to play at home and on the go,” Nintendo of America President and Chief Operating Officer Doug Bowser said in a statement, adding the company was thankful for the response.

Tokyo-listed shares of Nintendo, which have gained nearly 30% so far this year, were down 3.5% on Wednesday, LSEG data showed. The company has seen its shares rise nearly fivefold since the original Switch debuted in early March 2017.

It remains to be seen if the Switch 2 can recapture the magic of its predecessor, which had set the bar with 15 million unit sales in its first year. It went on to sell more than 152 million units to become the second-highest selling Nintendo device ever, behind the Nintendo DS.

The record initial sales of the Switch are in line with the strong demand analysts had predicted. However, the rush has put into question Nintendo’s ability to meet demand.

Retailers including Walmart, GameStop, Target and Best Buy were out of stock of the consoles, their online stores showed Wednesday.

In April, Nintendo’s Bowser told CNBC that the company had been working with “retail partners to ensure there’s ample supply for not only the launch weekend, but well beyond.”

However, Nintendo President Shuntaro Furukawa stated the same month that 2.2 million people in Japan had entered the lottery to purchase the Switch 2 on launch day, exceeding expectations and what the company had initially planned to deliver to stores.

Kantan Games’ Toto said shortages in Japan were expected to persist, but would be less impactful elsewhere.

“Except for Japan where demand for Switch 2 is extraordinarily high, it looks like fans who really want the console and invest time in trying to secure one actually can get one,” he said. “It might take a while, but as far as can be monitored, supply seems to be more robust than around the launch of the original Switch in 2017.”

President Donald Trump’s “reciprocal tariffs” on most countries around the world also present headwinds for the Switch 2.

In April, the company announced that it would delay preorders of the Switch 2 in the U.S. while it considers the impact of tariffs.

The Switch 2 retails for $449 in the U.S., which makes it Nintendo’s priciest console to date.

Nintendo’s Bowser said in April the company was going to “monitor where tariffs are going” before making any further decisions on price hikes.

MST Financial’s Gibson said that a resolution to Trump’s tariffs and lower duty rates could see the Switch 2 prices drop in the U.S.

The Switch 2 builds on the success of the original Switch, featuring a larger screen and improved performance. The system also introduces the new GameChat2 feature, which allows players to voice or video chat with friends online and share game screens.

This post appeared first on NBC NEWS

Israeli Prime Minister Benjamin Netanyahu confirmed that one of Iran’s top nuclear facilities had been hit in Thursday night’s strike against the regime.

‘Iran has produced enough highly enriched uranium for nine atom bombs, nine,’ Netanyahu said. ‘In recent months, Iran is taking steps that it has never taken before, steps to weaponize this enriched uranium. And if not stopped, Iran could produce a nuclear weapon in a very short time.’

The Natanz Nuclear Facility – one of Tehran’s key nuclear sites and which has been flagged by security experts that in coordination with the Fordow Fuel Enrichment Plant, could produce enough weapons-grade uranium to produce 11 nuclear weapons within a month – has been hit in the strikes, though the extent of the damage remains unknown. 

‘We struck at the heart of Iran’s nuclear enrichment program. We struck at the heart Iran’s nuclear weaponization program,’ Netanyahu said in live remarks. ‘We targeted Iran’s main enrichment facility in Natanz. 

‘We targeted Iran’s leading nuclear scientists working on the Iranian bomb,’ he added. 

The Nantaz Nuclear Facility was at least partially destroyed in 2020 following an explosion, and satellite imagery has suggested Iran began constructing deep underground tunnels to further secure and obscure their nuclear program, reported the Institute for Science and International Security earlier this year. 

It is unclear at this time if any of the underground structures were hit in the Thursday night strikes. 

‘We will not let the world’s most dangerous regime get the world’s most dangerous weapons, and Iran plans to give those weapons, nuclear weapons, to its terrorist proxies,’ Netanyahu said. ‘That would make the nightmare of nuclear terrorism all too real. 

‘The increasing range of Iran’s ballistic missiles would bring that nuclear nightmare to the cities of Europe, and eventually to America,’ he added. 

Reporting by The New York Times also said the Parchin military complex had been hit in the overnight strikes, though Fox News Digital could not independently confirm the hit.

The extent of the damage also remains unknown as it was reported in November that the Parchin military complex had been significantly damaged in Israel’s October strikes which housed a nuclear weapons research facility. 

Another five military bases surrounding Tehran were also reportedly hit. 

This post appeared first on FOX NEWS