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.

Can Gold Stocks Hedge a Stock Market Correction?

Gold stocks tend to outperform when the stock market is falling, but can they be used as an effective hedge against a market decline?

Gold Rallies on Higher Chinese Demand

Reports of higher demand for physical gold and new economic stimulus measures in China sent gold up sharply in Monday trading.

Gold Edges Higher on Better Chinese Manufacturing

More good economic news from China sent gold slightly higher in Friday trading, prompting the metal to end the week with a small increase.

Gold Jumps on Strong Chinese Trade Data

Gold posted solid gains in Thursday trading driven by strong Chinese economic data and a weakening U.S. dollar.

Gold Gets Boost From Weaker U.S. Dollar

Gold reversed course in Wednesday trading, rising from session lows to close the day with a small gain as the U.S. dollar slipped against other currencies.

Shrinking Trade Deficit Sends Gold Down

Gold dropped sharply in Tuesday trading after the Commerce Department said the U.S. trade deficit for June fell to its lowest level since 2009.

Gold Falls on ISM Report, Fed Comments

A better-than-expected report on service sector activity last month and comments suggesting an early end to Fed stimulus sent gold lower in Monday trading.

Gold Posts Weekly Loss Even After Jumping on Jobs Miss

Gold snapped back from a sharp early loss in Friday trading after a government report showed weak job creation in July, but still ended down for the week.

Strong Manufacturing Report Pushes Gold Lower

Gold slipped slightly Thursday following the release of the ISM's manufacturing index for July, which showed an unexpected surge in factory activity.

Gold Falls Ahead of FOMC Statement

Gold declined in Wednesday trading while investors waited for a statement from the Fed's FOMC meeting to signal when stimulus efforts will start to taper.

Are Miners Selling Themselves to Death?

Mining stocks Rio Tinto, BHP Billiton and Glencore all have been selling off assets to trim their debts, but they might be sacrificing their futures.

Gold Gains Ahead of FOMC Meeting

Gold climbed modestly in Monday trading as investors awaited the outcome of the Fed's Open Markets Committee meeting this week.

Gold Gains for Third Straight Week

Gold fell back in Friday trading on better-than-expected U.S. consumer sentiment data, but still posted a gain for the week.

Gold Gains as U.S. Dollar Cools

Gold rose modestly in Thursday trading as the U.S. dollar slipped in the wake of mixed reports on the U.S. economy.

Gold Sinks on Strong U.S. Home Sales

Gold fell in Wednesday trading after the government reported higher-than-forecast U.S. single family home sales in June.

Gold Eases Slightly After Jump

After rising sharply on Monday, gold cooled on Tuesday, slipping slightly as India was rumored to be mulling import restrictions on the metal.

Gold Surges on Weaker U.S. Dollar

Gold jumped in Monday trading after a weaker-than-expected report on U.S. home sales in June sent the U.S. dollar tumbling against other currencies.

Gold Rises to Post Small Weekly Gain

Gold benefitted from investor concern over weak tech earnings and the bankruptcy of Detroit, rising in Friday trading to post a weekly gain.

Gold Miners: Enjoy the Dead-Cat Bounce

Gold miners are stunningly dependent on gold prices, so if you get a bead on gold, then you’ll have your bead on the miners. Right now, that's bad news for miners.