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.

Bargain Hunters Push Gold Back Up

Gold rebounded somewhat from the previous day's decline on Thursday as investors of the yellow metal took advantage of lower prices.

Gold Drops After Bernanke Remarks

Gold rose during Ben Bernanke's prepared statement to Congress, but fell during his questioning by lawmakers, ending down for the day.

Gold Gains on Consumer Price Index Data

A relatively stable reading on U.S. inflation reassured investors that the Fed would wait to ease stimulus efforts, sending gold up in Tuesday trading.

Gold Moves Higher on Euro Zone Worries

Gold moved modestly higher in Monday trading on renewed concerns over euro zone economic stability.

Gold Posts Biggest Weekly Rise in Almost Two Years

Gold slipped in Friday trading but closed out the week with its largest gain since October 2011.

Gold Jumps on Bernanke Stimulus Remarks

Gold rose strongly in Thursday trading on the heels of comments by Fed Chairman Ben Bernanke who said interest rates would not rise "for some time."

Gold Rises Amid FOMC Minutes Release

Anticipation over the release of the Fed's June FOMC meeting minutes sent gold up slightly in Wednesday trading, and the metal headed higher still afterward.

Rising Chinese Inflation Pushes Gold Higher

Higher-than-expected inflation in China sent gold up modestly in Tuesday trading.

Gold Climbs as U.S. Dollar Stalls

Gold rose on Monday as the U.S. dollar weakened against other currencies.

Gold Gains on Rising Turmoil Overseas

Gold rose in Wednesday trading as Portugal and Egypt were embroiled in political crises that could have regional repercussions.

Gold Retreats as U.S. Dollar Climbs

Gold fell back in Tuesday trading ahead of the Friday release of the U.S. employment report for June as the U.S. dollar strengthened against other currencies.

Gold Jumps on Rising Physical Demand

Strong physical gold demand from Asia and rioting in Egypt sent gold up sharply in Monday trading.

Gold Rallies But Ends Quarter with Record Decline

Gold rebounded modestly in Friday trading, but ended the quarter with a record loss.

Gold Continues to Slide While Equities, U.S. Dollar Rally

Vanishing investor confidence in gold's safe haven status sent the precious metal down again in Thursday trading as equities and the U.S. dollar rose.

Gold Tumbles to Near Three-Year Low

Growing investor confidence that the Federal Reserve will wind down economic stimulus efforts sent gold down sharply in Wednesday trading.

Gold Slips as Economic Data Pushes U.S. Dollar Higher

Gold fell back slightly in Tuesday trading on the heels of better-than-expected consumer confidence and April home price data.

Gold Recovers Mildly After Fed Dive

Gold ticked up in Friday trading, rebounding slightly from Thursday's massive selloff.

Gold Keeps Sinking on Bernanke Remarks

Yesterday's comments by Fed Chairman Ben Bernanke sent gold plunging in Thursday trading along with other commodities and equities, while the U.S. dollar rose.

Gold Funds Trail Off After Fed Statement

Gold moved higher in Wednesday trading, though metal-related funds and mining stocks fell off following a statement from the Fed indicating continued easing.