JSE:JBL 3 January 2026

Jubilee Metals shares dip on JSE after South Africa chrome, PGM sale closes

Jubilee Metals completed the sale of its South African chrome and PGM operations to One Chrome, expecting a second US$10 million payment soon. JBL shares closed down 2.47% at 79 South African cents in Johannesburg. The company will now focus on copper production in Zambia. Investors await updates on cash use and Zambian project milestones.

3 January 2026

JSE:JBL·Mining Industry·Stock Market

Planet Labs Shares Surge 25% on Record Q4 Revenue and Strong AI-Driven Guidance
March 20, 2026, 6:18 PM EDT. Planet Labs (PL) shares surged 25.56% to close at $33.85 after reporting record fiscal Q4 revenue and issuing upbeat multi-year sales guidance. The satellite imagery provider highlighted a 41% revenue rise and breakeven adjusted earnings per share, surpassing Wall Street estimates. Management forecasted 39% sales growth by 2027, supported by a 79% increase in backlog during fiscal 2026. Strategic partnerships with Nvidia and Alphabet's Google are expected to drive growth, leveraging AI-powered data processing with a "100x speedup" using in-orbit GPUs. Trading volume spiked 318% above average to 52.6 million shares. Meanwhile, the broader market declined with the S&P 500 down 1.50% and Nasdaq Composite falling 1.98%, reflecting pressure on growth stocks.