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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Mining

FIVE at FIVE AU: ASX rises, archTIS rides high, Future Metals becomes Australia’s second largest PGM deposit and… what is tax loss selling?

The ASX was higher and several small caps had big news as tax time approaches in Australia and investors start tax loss selling.

With the ASX gaining today, up 0.31% to 6,528.40 here’s our look at some of the top small cap stories of the day including archTIS Ltd’s 70% (coming back down to around 50%) rise and how Future Metals NL (ASX:FME, AIM:FME)'s Panton Project became Australia’s second-largest PGM deposit.

Future Metals Panton becomes Australia’s second-largest PGM deposit

Future Metals NL (ASX:FME, AIM:FME)’s Jardee Kininmonth and Proactive’s Andrew Scott discuss the exceptional resource upgrade that has made the Panton Project Australia’s second-largest PGM deposit.

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archTIS surges on largest ever sale with $7 million defence contract

archTIS Ltd surged 70% on signing a A$7 million contract with the Australian Department of Defence.

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AuKing Mining set for further upside at Koongie Park Copper/Zinc Project following resource upgrade

AuKIng Mining Ltd’s exploration campaigns since June 2021 have led to a 30% upgrade of the previous 6.8 million tonnes resource estimate.

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Way2VAT receives ~$625,000 for R&D to commercialise Smart Spend Debit Mastercard

The funding grant from the Israeli Innovation Authority (IIA) will support research and development for the initial marketing and commercialisation of the Smart Spend Debit Mastercard.

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Hartshead Resources lifts project value on upgrading Anning and Somerville gas fields to reserves

Hartshead Resources NL (ASX:HHR) has upgraded the gas resources of its Anning and Somerville fields to the reserve category following an independent technical and commercial audit conducted by ERC Equipoise (ERCE) on phase one development resources.

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On your six – the bonus read

Crypto and tax have been in the news lately and while we have an explainer coming that will detail what you need to do at tax time with your crypto, here’s some guidance on tax loss selling as June 30 quickly approaches.

What is tax loss selling?

If you’ve disposed of shares or any other form of investment and you know you’ve made a capital gain, it makes sense to take a look at your investment portfolio and consider disposing of any assets which you own which you know are sitting at a loss.

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The one for good luck...

Alice Queen enters the Ring of Fire in Fiji with eyes on gold

Fiji has a long-standing history of supporting the mining industry with gold being its second-biggest export.

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK