North Bay Resources Inc (NBRI)

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Trump Administration's Strategic Moves in Minerals and Mining
While there is no direct evidence that Donald Trump personally is buying gold mines, the Trump administration has taken significant steps to increase U.S. government involvement in critical mineral and mining ventures. These actions are part of a broader strategy to reduce dependence on China and secure supply chains for strategic resources, including rare earth elements and potentially gold-related projects.

In early January 2026, reports confirmed that the Trump administration will acquire a 10% stake in USA Rare Earth in a $1.6 billion deal, marking a major shift toward direct federal ownership in domestic mining operations. This move aligns with administration officials' statements about using government equity investments to boost national mineral independence.