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 Falls on Upbeat U.S. Economic Data

A trio of positive economic reports sent the U.S. dollar up and gold down in Thursday trading.

Gold Drops Despite Safe Haven Indicators

Gold fell sharply in Wednesday trading in spite of increasing Middle East tensions and a strike by South African gold miners.

Gold Gains on Looming Syria Action

Gold posted its first gain in four session as expectations for a U.S. military strike on Syria strengthened, boosting the metal's safe haven appeal.

Gold Posts Strong 6% Gain for August

Gold futures fell in Friday trading on waning safe-haven appeal, but still posted a healthy 6.3% gain for August.

Yes, You Should Still Buy Coal Stocks

Coal is not going away no matter how much people protest, so long-term investors should have some coal stocks in their portfolio.

Gold Dips Again on Stronger U.S. Dollar

Gold fell slightly in Thursday trading as the U.S. dollar gained against other currencies and the prospect of U.S. action against Syria faded.

Gold Stalls Despite Syrian Uncertainty

Gold slipped slightly in Wednesday trading as speculation grew about the size and scope of a possible U.S. military attack on Syria.

Possible Military Escalation in Syria Drives Gold Higher

The increasing likelihood that the U.S. will launch military strikes against the Syrian military drove gold up sharply in Tuesday trading.

Gold Settles Lower After Weak Durable Goods Report

A weaker-than-anticipated report on U.S. durable goods orders sent gold higher in Monday trading, but the metal fell back, settling down slightly.

Gold Jumps on Lower July New Home Sales

Gold posted a solid gain in Friday trading after the Commerce Department posted a bigger-than-expected drop in new homes sales during July.

Gold Gains Checked by Stronger U.S. Dollar

Data showing better Chinese manufacturing output sent gold higher on Thursday, but the metal's gain was pressured by a rising U.S. dollar.

Gold Slips Ahead of FOMC Minutes

Gold settled down slightly in Wednesday trading prior to the release of minutes from the Federal Reserve's July Federal Open Markets Committee meeting.

Gold Gains on Seasonal Asian Demand

Gold moved higher in Tuesday trading as India began a season religious celebration that typically pushes up demand for physical gold.

The Massive Repercussions of Rising Treasury Yields

The sharp rise in Treasury yields has led to massive disruptions in the stock market, blurring the lines between rate sensitivity and more sustainable, fundamental trends.

Gold Slips on Profit-Taking

Gold and silver sank slightly on Monday as investors took profits after last week's precious metal rally.

Gold Rises, Posts Weekly Gain

Gold futures climbed modestly on Friday as Middle East violence and Federal Reserve tapering fears drove equities markets lower.

Gold Jumps on Safe Haven Appeal

Escalating violence in Egypt allowed gold to shrug off lower than expected first time U.S. unemployment claims and post a solid gain for the day.

Gold Rebounds on Flat Wholesale Prices

Gold jumped in Wednesday trading, erasing the previous session's decline on a government report showing flat wholesale prices in July.

Gold Pulls Back as Fed Tapering Expectations Rise

A strong retail sales report combined with a higher U.S. dollar to drive gold down in Tuesday trading.