Market Overview - Gold futures approached $5,000 an ounce before closing down 3.5%, while silver traded at over $83 an ounce, reflecting a 6% decline from Monday [1][2] - Copper ended the day down 2% at $5.83 per pound ($12,850 per tonne), nearly erasing all gains for 2026, while both silver and gold maintained over 15% gains year to date [2] Precious Metals Performance - Newmont Corporation (NYSE:NEM) saw a significant drop of 7.9%, with a market cap of $129 billion, while Barrick Mining (NYSE:B) fell 8.3% to a market cap of $78 billion [3] - AngloGold Ashanti (NYSE:AU) lost 10.4%, bringing its market value to $58 billion, and Gold Fields (NYSE:GFI) dropped 11.6% to $45 billion [3] - Wheaton Precious Metals (NYSE:WPM) fell 8.7% to a market cap of $68.7 billion, while Franco-Nevada (NYSE:FNV) experienced a smaller decline of 5.6% at a $50 billion valuation [4] Platinum and Other Metals - Valterra Platinum (OTCPK:ANGPY) was one of the worst performers, dropping 13.6% to a market cap of $25 billion as platinum prices fell by 10% to just above $2,000 an ounce [5] - BHP (NYSE:BHP) shares decreased by 5.6%, maintaining a valuation above $200 billion, while Southern Copper (NYSE:SCCO) fell 5.8% to $170 billion [8][9] Company-Specific Developments - Freeport-McMoRan (NYSE:FCX) was heavily traded with over 25 million shares, closing down 4% at a market cap of $94 billion [10] - Glencore (OTCPK:GLNCY) lost only 2.1%, benefiting from its oil trading business, and is valued at $82 billion [11] - Vale (NYSE:VALE) stock declined by 6.0%, with a market cap of $68.3 billion, as its base metals spin-off prepares for a potential IPO [12] Broader Market Trends - Despite the recent sell-off, no top mining stocks are in the red year to date, with many companies experiencing significant gains compared to the previous year [16]