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 Posts Weekly Loss of More Than 2%

Despite the continuing U.S. government shutdown and looming debt ceiling fight in Congress, gold fell in Friday trading and ended the week off more than 2%.

Gold Slips Despite Continuing Government Shutdown

After a jump on Wednesday, Gold dipped slightly in Thursday trading on the third day of the U.S. government shutdown.

Gold, Silver Jump on Weak Jobs Data, Continuing Shutdown

A weak jobs report and increasing fears over the government shutdown and looming debt ceiling battle sent gold and silver up sharply in Wednesday trading.

Gold Drops as Government Shuts Down

Gold futures hardly felt a safe haven Tuesday, dropping sharply on the first day of the U.S. government shutdown.

Gold Dips But Posts Quarterly Gain

Gold fell back in Monday trading as investors sought clues about the possibility of a government shutdown due to a budget battle in Washington.

Gold Climbs as Government Shutdown Fears Mount

A congressional battle over government funding helped to send gold higher on Friday, pushing the metal to post a small rise for the week.

Gold Slides on Mixed Economic News

Gold fell back in Thursday trading after jobless claims came in lower than expected, but second-quarter GDP growth missed estimates.

Gold Gains on Debt Ceiling Worries

Gold broke out of a three-day slump Wednesday thanks to concerns over a federal government shutdown.

Gold Drops for Third Consecutive Session

Gold slipped for the third straight session, helping to drag down miners including Kinross Gold and NovaGold Resources.

Gold Dips on Renewed Tapering Concerns

Gold slipped for a second consecutive session as investors continued to worry over when the Fed would begin tapering its monthly bond-buying.

Gold Drops on Profit Taking, Posts Gain for Week

Gold gave back more than half of its sharp post-Fed gains in Friday trading as investors cashed in profits on the yellow metal.

No Taper, No Problem for Gold

Gold jumped sharply in Thursday trading on the heels of yesterday's statement by the Federal Reserve that left its stimulus policy unchanged.

Gold Funds, Miners Surge After FOMC Announcement

Gold and silver funds, as well as miners, headed higher Wednesday afternoon after the Fed announced that it would not yet cut stimulus efforts.

Gold Gains on Summers Fed Withdrawal

The withdrawal of Larry Summers from the list of candidates to replace Ben Bernanke as Fed chairman helped nudge gold prices higher in Monday trading.

Gold Ends the Week Down Nearly 6%

Gold dropped again in Friday trading, ending the week off 6% as investors worried over Fed stimulus and the metal's safe haven appeal faded.

Gold Flat After Obama’s Syria Address

Gold was little changed in Wednesday trading following a televised address by U.S. President Barack Obama that dimmed the chances of any U.S. airstrikes.

Gold Drops on Fading Prospects for Syria Military Strikes

A potential deal to avoid U.S. military strikes against Syria sent gold down sharply in Tuesday trading.

Gold Flat on Fed Tapering, Syria Uncertainty

A lack of clear direction on possible U.S. airstrikes in Syria and the slowing of the Fed's monthly bond-buying kept gold flat in Monday trading.

Gold Gains After Weak U.S. Jobs Report

Fewer jobs were created in August than economists expected, boosting gold's appeal as fears of near-term Fed stimulus tapering ebbed.