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ASX News News 31 January 2026 - 3 February 2026

Sandfire Resources share price slides 3.9% as metals rout deepens — what to watch next for ASX:SFR

Sandfire Resources share price slides 3.9% as metals rout deepens — what to watch next for ASX:SFR

Sandfire Resources shares fell 3.9% to A$19.07 on Monday, tracking a sharp sell-off in copper and other metals. The drop comes ahead of a Feb. 6 shareholder vote on the Kalkaroo deal and half-year results due Feb. 19. Copper prices slid roughly 5% on Feb. 2, while gold and silver plunged up to 7.5% and 14.2%, respectively. The S&P/ASX 200 closed about 1% lower, led by declines in mining stocks.
2 February 2026
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Mineral Resources (ASX:MIN) share price slips as broker turns cautious, spotlight shifts to Feb 20 results

Mineral Resources (ASX:MIN) share price slips as broker turns cautious, spotlight shifts to Feb 20 results

Mineral Resources Ltd shares fell 1.45% to A$56.32 Monday, extending a five-day slide to nearly 12%. Ord Minnett downgraded the stock to Hold, while raising Pilbara Minerals to Accumulate. Shares swung between A$53.15 and A$56.84 during the session. The company’s planned lithium sale to POSCO remains pending, with half-year results due Feb. 20.
2 February 2026
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Evolution Mining Limited share price slides as gold rout deepens — what to watch next

Evolution Mining Limited share price slides as gold rout deepens — what to watch next

Evolution Mining shares fell 5.6% to A$13.88 after spot gold plunged 3.3% to $4,703 an ounce, triggering forced liquidations as CME Group raised futures margins. Northern Star Resources dropped 8%. The ASX benchmark lost 1%, with miners leading declines. Investors await the Reserve Bank of Australia’s decision Tuesday and Evolution’s half-year results next week.
2 February 2026
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Northern Star share price skids 8% as gold rout rattles ASX miners — what to watch next

Northern Star share price skids 8% as gold rout rattles ASX miners — what to watch next

Northern Star Resources shares fell 8.1% to A$26.60 on Monday, with about A$308 million traded, after gold prices slumped and margin requirements rose. The company had already cut its FY26 production and cost guidance in January, citing outages and weak grades. Newmont and Evolution Mining also declined. Investors now await Northern Star’s half-year results on February 12.
2 February 2026
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South32 share price slides on metals rout — what to watch before Monday’s ASX open

South32 share price slides on metals rout — what to watch before Monday’s ASX open

South32 shares fell 1.28% to A$4.62 Friday as metals prices slumped, though the stock gained about 30% in January. Around 27.6 million shares changed hands. The company will report half-year results and decide on an interim dividend on Feb. 12. The Mozal aluminium smelter in Mozambique faces a $60 million charge as it prepares for shutdown by March.
1 February 2026
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Sandfire Resources share price drops nearly 7% as copper cools — what to watch before the ASX reopens

Sandfire Resources share price drops nearly 7% as copper cools — what to watch before the ASX reopens

Sandfire Resources fell 6.85% to close at A$19.85 in Sydney, with about 4.7 million shares traded. The company will release December-half results and hold an investor call on Feb. 19. Copper prices retreated from record highs, pressuring commodity-linked stocks. Sandfire reported first-half copper-equivalent output of 72.1 kilotonnes and held $13 million net cash at year-end.
31 January 2026
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Wesfarmers share price: two dates that could move ASX:WES next week

Wesfarmers share price: two dates that could move ASX:WES next week

Wesfarmers shares closed up 0.3% at A$83.36 on Friday, outperforming a 0.65% drop in the S&P/ASX 200. Attention turns to the Reserve Bank of Australia’s Feb. 3 rate decision, with major banks tipping a hike after strong inflation data. Mortgage-stress groups warn household budgets are under pressure. Wesfarmers will report half-year results on Feb. 19.
31 January 2026
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Stock Market Today

Apple stock price ends week higher as Dow hits 50,000; jobs and CPI loom next

Apple stock price ends week higher as Dow hits 50,000; jobs and CPI loom next

7 February 2026
Apple closed up 0.8% at $278.12 Friday, then slipped 0.3% after hours. The S&P 500 jumped 1.97% and the Nasdaq rose 2.18% as chipmakers rallied, while Amazon fell 5.6% on higher capex guidance. Investors await U.S. jobs data Feb. 11 and CPI Feb. 13. Apple’s next dividend is $0.26 per share, payable Feb. 12.
Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

7 February 2026
Google raised its 2026 capital expenditure forecast to $175 billion–$185 billion, with most spending expected on data-center chips. Broadcom shares rose about 2% after the announcement, while Nvidia and AMD slipped. Jefferies reiterated a buy rating on Broadcom, maintaining a $500 price target, implying a 62% upside from Wednesday’s close.
No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

7 February 2026
The IRS has not announced new federal stimulus payments for February 2026, and Congress has not approved fresh checks. Trump told NBC he is considering $2,000 tariff rebate checks but has not committed, saying any payout would likely come later in 2026. The IRS warns taxpayers to ignore texts and emails about “stimulus payments” and verify notices through official channels.
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