Mining Stocks


mining stocks

Much of the Earth’s wealth is buried beneath the surface. Gold, silver, oil, and many other resources are only accessed through mining, causing the mining industry to be extremely lucrative. As commodities, especially the metals, grow in value, mining companies are poised for substantial growth. A couple of the more promising mining stocks include Newmont Mining (NYSE:NEM) and Rio Tinto (NYSE:RIO). Invest in mining stocks and you too may strike gold.

Gold Drops on Easing Ukraine Tensions

Gold retreated in Tuesday trading as Russia prepared to admit Crimea into its federation and Western leaders offered only mild sanctions.

Gold Falls on Weak Russia Sanctions

Relatively light U.S. and European sanctions on Russia over the Crimea secession vote boosted equities markets and sent gold lower on Monday.

Gold Gains Ahead of Critical Crimea Secession Vote

Gold moved higher on Friday as referendum that could lead to Crimea's secession from Ukraine is planned for this weekend, raising U.S.-Russian tensions.

Gold Stocks Are Up 35%. Now What?

Gold stocks have surged from their December low, benefitting ETFs such as GDX. With strong gains already in the books, can the rally in miners continue?

Russian Military Exercises, Weak China Data Send Gold Higher

Gold moved slightly higher on Thursday as reports of new Russian troop movements near Ukraine and slowing Chinese growth worried investors.

Gold Closes At Highest Level Since September

Gold climbed sharply, closing at its highest price since September as tensions over the Russian occupation of Crimea intensified.

Gold Rises on China, Ukraine Worries

Gold gained for a second straight session on concerns over China's economy and the on-going crisis in Ukraine.

Gold Inches Up on Rising Ukraine Confrontation

Gold moved slightly higher in Monday trading as worsening tensions over Ukraine boosted the metal's safe haven appeal.

Gold Drops On Stronger February Jobs Report

Gold fell sharply in Friday trading after the Labor Department's February jobs report showed stronger-than-forecast U.S. hiring.

Gold Climbs Ahead of February Jobs Report

Gold posted a strong gain in Thursday trading as investors looked forward to Friday's release of the Labor Department's February jobs report.

Gold Inches Higher on Weak ADP Jobs Data

A report from payroll-processor ADP showing lower-than-expected private hiring in February pushed gold up slightly on Wednesday.

Gold Pulls Back on Easing Ukraine Tensions

Signs that Russia doesn't plan an immediate full scale invasion of Ukraine sent gold down in Tuesday trading as equities markets climbed.

Gold Surges as Ukraine Crisis Escalates

Gold posted a sharp gain in Monday trading as investors sought a safe haven amid rising international tensions over the Russian occupation of Crimea.

Gold Ends February Up Almost 7%

Gold dropped in Friday trading after two reports suggested stronger U.S. economic activity, but ended February with a 6.6% gain.

Gold Climbs on Ukraine Uncertainty

Rising tensions between Russia and the West over political events in Ukraine pushed gold modestly higher on Thursday.

Gold Sinks on Surge in New Home Sales

A report from the Commerce Department showing a sharp rise in new U.S. home sales in January sent gold down in Wednesday trading.

Gold Climbs as U.S. Consumer Confidence Weakens

Gold rose again on Tuesday as a leading measurement of consumer confidence showed a drop in February, compared to last month.

Gold Jumps On Global Economic Concerns

Gold moved sharply higher on Monday as China's housing market showed signs of cooling and Ukraine looked for international financial aid.

Gold Edges Higher Ahead Weaker U.S. Home Sales Data

Gold climbed slightly in Friday trading before the release of a report showing that existing home sales fell last month.