Precious Metals and Minerals(IN00348.US)

Last Updated 19:00:00 ET
longbridge loading
Company Encyclopedia
View More
name
Precious Metals and Minerals
IN00348.US
News
View More

Africa Stock Market Closing Report | After reaching a record closing high, the South African stock market remained flat for two consecutive days

The South African FTSE/JSE Africa Leading 40 traded index closed down 0.03% on January 15, maintaining at 113,000 points. Among the constituent stocks, Sasol (SOL.SJ) fell 5.25%, Richemont (CFR) dropped 4.15%, Prosus declined 3.89%, and Naspers fell 3.53%. Other companies with significant declines included Sibanye Stillwater, Mondi (NMP), Impala Platinum Holdings (IMP), Harmony Gold (HAR), AngloGold Ashanti (ANG), and Gold Fields (GFI), with declines ranging from 1.85% to 0.31%. British American Tobacco (BTI) rose 2.44%, Rinet Investments (RNI) increased by 2.45%, Bid gained 2.58%, and OUTsurance Group rose 4.04%

Wallstreetcn·
US
NPSNY
-1.88%
US
SBSW
-2.03%
Wallstreetcn·
US
NPSNY
-1.88%
US
SBSW
-2.03%

Platinum Group Metals Ltd. reports Q1 stock-based compensation expense of USD 1.1 million, up 59%

Platinum Group Metals Ltd. reported a Q1 net loss of USD 1.8 million, with a stock-based compensation expense of USD 1.1 million, reflecting a 59% increase. The loss per share was USD 0.02, based on 115,426,654 shares. The company also noted a comprehensive loss of USD 0.6 million, depreciation expense of USD 17 thousand, an unrealized foreign exchange gain of USD 0.3 million, and interest from short-term investments of USD 0.2 million for the period ending November 30, 2025.

Reuters·
US
PLG
-2.71%
Reuters·
US
PLG
-2.71%

U.S. Futures, European Stocks Mixed

U.S. futures showed mixed results with the S&P 500 up 0.1% and Dow Jones down 0.1%. In Europe, the Stoxx Europe 600 rose 0.3%, with VAT Group and ASM International gaining significantly, while Repsol and Taylor Wimpey fell. Brent crude dropped 3.1% to $64.49, and WTI crude fell 2.9% to $60.22. Asian markets were down, with Japan's Nikkei 225 and Hong Kong's Hang Seng both declining. The German 10-year Bund yield rose to 2.833%, and U.S. Treasury yield increased to 4.151%.

MorningStar·
US
ASM
-0.52%
US
YCS
-0.04%
MorningStar·
US
ASM
-0.52%
US
YCS
-0.04%

PRECIOUS-Gold slips as profit-taking, softer geopolitical tone hit safe-haven demand

Gold prices fell 0.7% to $4,589.71 per ounce as profit-taking occurred after reaching a record high. A softer geopolitical tone from President Trump regarding Iran and the Federal Reserve dampened safe-haven demand. Spot silver hit a record high of $93.57 but later dropped 5.5% to $87.62. Platinum and palladium also saw declines. The U.S. jobless claims report is expected to influence future Fed monetary policy, with traders anticipating two interest rate cuts this year.

Reuters·
US
PLG
-2.71%
Reuters·
US
PLG
-2.71%

Platinum Dips as Trump Delays Tariffs

Platinum futures fell to approximately $2,300 per ounce after President Trump delayed new tariffs on critical mineral imports. This eased concerns over potential tariffs on platinum, palladium, and silver, as the administration indicated a targeted approach with bilateral agreements. Additionally, Trump's softer stance on the Federal Reserve and Iran reduced safe-haven demand for precious metals. He stated he has no plans to fire Jerome Powell amid a criminal investigation and downplayed threats against Iran, while also withdrawing some personnel from Middle East bases.

Trading Economics·
US
PLG
-2.71%
Trading Economics·
US
PLG
-2.71%
Posts
View More

KLA sees 2nm capacity more than doubling next year. 2nm investment will continue into 2026. ASML, ASM, Lam and AMAT also noted 2nm strength. TSMC reiterated N2 tape-outs in the first 2 yrs to be 2x hi...

  • 0
© 2026 Longbridge｜Disclaimer