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.

Cash In on Freeport’s Sweetened Plains Deal

Freeport-McMoRan's move back into energy didn't sit well with shareholders ... until the company threw some cold hard cash on it. Here's why you should care.

Gold Sinks Ahead of Bernanke Testimony

Gold dipped in Tuesday trading on the eve of testimony by Federal Reserve Chairman Ben Bernanke before the U.S. Congress Joint Economic Committee.

Gold Climbs as U.S. Dollar, Equities Slide

After a week of losses, gold rose in Monday trading as the U.S. dollar fell and equities markets moved lower.

Gold Drops as U.S. Dollar Rally Continues

Gold fell for the seventh straight session on Friday after better-than-expected economic reports buoyed the U.S. dollar against other currencies.

Gold Tumbles Below $1,400 an Ounce

A continuing rally in equities, a rising U.S. dollar and no signs of U.S. inflation sent gold down in Wednesday trading, falling below $1,400 an ounce.

Gold Falls Under Pressure From Equities, U.S. Dollar

Gold sank in Tuesday trading amid resurgent equities and more improvement by the U.S. dollar against other currencies.

Stop Hating on Gold Miners

Gold miners are starting to enter unprofitable territory, but the larger players might be able to grit out growing pains and become more sound investments.

Better Retail Sales, Stronger U.S. Dollar Push Gold Lower

Under pressure from a stronger U.S. dollar and better April U.S. retail sales, gold futures fell for the third straight session on Monday.

Gold Posts Weekly Loss as U.S. Dollar Climbs

Gold futures dropped more than 2% in Friday trading as the U.S. dollar hit a four-year high against the Japanese yen.

Gold Dips on Jobless Data, Rising U.S. Dollar

Gold moved modestly lower in Thursday trading on better-than-expected jobless claims and a stronger U.S. dollar.

Gold Jumps on Strong India, China Buying

Reports showing strong gold purchases by India and China sent the metal climbing in Wednesday trading.

Gold Drops Amid Dow Jones’ Jump

Investor confidence in the U.S. economy and better economic signals from overseas pushed the Dow Jones Industrial Average to a record high, while gold declined.

Gold Futures Gain in Weak-Volume Session

Gold futures rose slightly in Monday trading with London markets closed due to the Bank Day holiday.

Gold Slips on Stronger U.S. Employment Data

Gold prices slipped Friday after a government report showed stronger hiring in April than economists had expected, dimming the chance of increased stimulus.

Gold Rises on ECB Rate Cut

Gold climbed in Thursday trading on the heels of an interest rate cut by the European Central Bank.

FOMC Statement Pares Gold Drop

A disappointing report on April hiring sent Gold tumbling in Wednesday trading, but a statement that the Fed may increase bond-buying this year cut its losses.

Gold Gains Ahead of FOMC Meeting’s Close

Gold edged up during Tuesday trading on weak economic reports and ahead of the conclusion of the Fed's Open Market Committee Meeting.

Gold Rises on Economic Stimulus Confidence

Government data showing low U.S. inflation and weak consumer spending sent gold higher as investors grew confident that federal stimulus efforts will continue.

Gold Posts Largest Weekly Gain in Three Months

Gold slipped in Friday trading, but still posted its largest weekly gain in three months, while mining stocks slumped again.