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Sumitomo Metal Mining shares fell sharply on September 2, 2026, as gold futures declined for a third consecutive session and other nonferrous metal prices weakened, dragging down major nonferrous stocks including Mitsubishi Materials, Mitsui Mining & Smelting, and Toho Zinc.4d agoToho Zinc's stock surged over 10% to 1,270 yen on August 26, 2026, driven by rising gold and silver prices and rare-earth related buying interest.11d agoToho Zinc plans to establish equipment at its Annaka smelter in Gunma Prefecture to recover rare earths and rare metals from lead ore by-products, as part of a production restructuring targeted for fiscal 2029, aiming to reduce dependence on China.24d ago