Analysts at JPMorgan have resumed coverage of Rio Tinto Ltd at 'Overweight' with a £75.00 price target, signalling confidence in the mining giant's strategic positioning even as merger talks with Glencore PLC collapse.
The note, a day after Rio Tinto confirmed it is no longer pursuing a merger or business combination with its rival, also saw the American investment bank's UK analyst bring Glencore back under coverage, with a 'neutral' rating and a £4.90 price target.
Cryptocurrency has exploded in popularity across the world, including here in Australia, but with that growth has come complexity in how crypto is treated for tax purposes. For many retail investors and active traders alike, understanding when a crypto transaction is taxable and how it’s taxed is now one of the biggest compliance challenges writes director of Tax Communications at H&R Block (NYSE:HRB) Australia, Mark Chapman.
At its core, the Australian tax system treats crypto like property, which means most transactions trigger either Capital Gains Tax (CGT) or are assessed as ordinary income, depending on the context. Tax specialists at H&R Block Australia say confusion often arises because everyday crypto activity can carry tax consequences people simply do not expect.
Terrain Minerals Ltd (ASX:TMX, OTC:TMXAF, FRA:T4Y) earlier this week outlined significant progress at its Smokebush Gold & Silver Project in Western Australia, with executive director Justin Virgin detailing how recent drilling success is advancing the company toward a maiden JORC Mineral Resource Estimate targeted for mid-2026.
Speaking with Proactive, Virgin said the company had now completed more than 100 drill holes at the Lightning Prospect, supported by induced polarisation surveys that had materially improved Terrain Minerals’ understanding of the geology. He noted that the IP work had resulted in a revised geological model and helped identify blind mineralisation beneath cover.
AuMEGA Metals Ltd (ASX:AAM, TSX:AUM, OTCQB:AUMMF, FRA:FRA: MA30) earlier this week outlined why it believes the market is undervaluing its Cape Ray Project in southwestern Newfoundland, pointing to an established gold resource and a growing pipeline of exploration targets close to an operating gold mine.
Speaking with Proactive, CEO Sam Pazuki said the company has already defined meaningful gold ounces, something he suggested investors may be overlooking. AuMEGA Metals has approximately 450,000 ounces of gold in the indicated category and a further 160,000 ounces inferred, at an average grade of around two grams per tonne. He noted that roughly 95% of the mineralisation is within 150 metres of surface.
Critical Resources Ltd (ASX:CRR, FRA:9S70) earlier this week outlined progress in its battery technology strategy after confirming acceptance as an industry member of the US Centre for Solid-State Electric Power Storage (CEPS), a National Science Foundation-backed Industry–University Cooperative Research Centre.
Managing Director Tim Wither said the CEPS membership marked an important step for the company as it advances its solid state battery ambitions. He explained that CEPS brings together leading US universities and allows selected industry participants to access research teams, facilities and expertise within the National Science Foundation ecosystem.
Carnavale Resources Ltd (ASX:CAV, FRA:YBB) earlier this week confirmed it had commenced Bankable Feasibility Study drilling at the Kookynie Gold Project in Western Australia, marking a key step in the transition from development planning toward potential production.
The company said the drilling program had begun with metallurgical drilling, designed to collect large-diameter core samples for crushing and grinding test work. Managing director and CEO Humphrey Hale told Proactive that this information would feed directly into the Bankable Feasibility Study and help de-risk the proposed mining operation.
Provaris Energy Ltd (ASX:PV1, OTC:GBBLF, FRA:WS90) earlier this week outlined continued progress across its hydrogen and CO₂ transport strategies, highlighting technical milestones and commercial positioning as it works toward key investment decisions expected in 2026.
Managing director and CEO Martin Carolan said the company had advanced commercial readiness within its hydrogen program, including further definition of commercial models with Japanese partner Kawasaki. He noted that Provaris Energy had also renewed key hydrogen agreements with Norwegian Hydrogen and extended its offtake arrangement with Uniper in Germany, providing continuity for the company’s first export project through to 2026.
Rapid Critical Metals Ltd (ASX:RCM) has returned additional bonanza-grade silver intercepts from the final six diamond drill holes of its recently completed program at the 100%-owned Webbs Silver Project in northern New South Wales, further confirming the continuity and strength of mineralisation across the system.
The latest assays include multiple high-grade intersections that reinforce the presence of both narrow bonanza zones and broader mineralised envelopes, while also supporting the interpretation that additional sub-parallel lodes may exist beyond the known Main Lode.