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.

What Materials Stocks Reveal About the Rest of the Market

By Daniel Putnam, InvestorPlace Contributor
The Materials ETF (XLB) is approaching a 52-week high. Find out what the sector's next moves will reveal about market leadership and the outlook for economic growth.

Gold Climbs as May Options Set to Expire

By Christopher Freeburn, InvestorPlace Writer
Gold surged in Thursday trading as traders sought to purchase May options before they expired and tensions flared again in the Middle East.

Gold Rises on Sharp U.S. Durable Goods Drop

By Christopher Freeburn, InvestorPlace Writer
The largest drop in U.S. durable goods orders in seven months increased inventor confidence in continued economic stimulus and sent gold climbing on Wednesday.

Gold Falls as U.S. Dollar Advances

By Christopher Freeburn, InvestorPlace Writer
Gold fell in Tuesday trading as weaker-than-expected economic reports from China and Germany pushed the U.S. dollar higher.

Hedge Fund Buying Pushes Gold Higher

By Christopher Freeburn, InvestorPlace Writer
Gold rose strongly in Monday trading as hedge funds cut short positions and continued to purchase the metal, despite last week's sharp drop.

Gold Posts Fourth Consecutive Weekly Loss

By Christopher Freeburn, InvestorPlace Writer
Gold futures edged up in Friday trading, but still posted a steep loss for the week, marking the metal's fourth straight weekly drop.

Gold Gains on Weak U.S. Economic Reports

By Christopher Freeburn, InvestorPlace Writer
Gold rose modestly in Thursday trading as a trio of reports showed a slowing U.S. economy.

Gold Sags as U.S. Dollar Rises, Equities Fall

By Christopher Freeburn, InvestorPlace Writer
Investors sought safety in the U.S. dollar as equity markets fell, sending gold futures down modestly in Wednesday trading.

Gold Miners Offer One Safe Place to Hide

By James Brumley, InvestorPlace Feature Writer
It’s been a horrifying few days for gold, but there’s a small sliver of the mining industry that’s at least partially immune to the downturn: streamers.

Gold Regains Some Lost Ground After Plunge

By Christopher Freeburn, InvestorPlace Writer
Gold reversed course and climbed in Tuesday trading, recovering some ground from Monday's plunge after an analyst said the metal was undervalued.

Gold Dives to Two-Year Low on China

By Christopher Freeburn, InvestorPlace Writer
Gold tumbled in Monday trading, hitting a two-year low, after a report showed weaker economic growth in China.

Gold Plunges on U.S. Economic Worries

By Christopher Freeburn, InvestorPlace Writer
Gold suffered its biggest pullback in a year as rising concern about the U.S. economy's recovery shook traders Friday.

Gold Recovers as Investors Look for Bargains

By Christopher Freeburn, InvestorPlace Writer
Gold rose modestly in Thursday trading, recovering from Wednesday's nearly 2% drop in futures prices as investors took advantage of the lower price.

Gold Plunges on Goldman Sachs Forecast

By Christopher Freeburn, InvestorPlace Writer
A reduced 2013 forecast for gold prices from Goldman Sachs sent the metal plummeting in Wednesday trading, as the U.S. dollar rose and equities soared.

Gold Rises on Weak U.S. Dollar, Stimulus Optimism

By Christopher Freeburn, InvestorPlace Writer
Gold jumped in Tuesday trading as the U.S. dollar slid against other currencies and bargain-hunters entered the market.

Gold Dips on Stronger U.S. Dollar, Soros Comments

By Christopher Freeburn, InvestorPlace Writer
Gold pulled back modestly in Monday trading as the U.S. dollar gained and George Soros said the metal's safe haven appeal had been "destroyed."

Gold Miners Are in Deep Schist

By James Brumley, InvestorPlace Feature Writer
Gold mining stocks are caught between two very ugly trends -- gold prices are falling while mining costs are escalating. If gold falls through its next support, watch out.

Gold Edges Lower as Markets Await March Jobs Report

By Christopher Freeburn, InvestorPlace Writer
Gold slipped fractionally in Thursday trading as the markets awaited Friday's March job report from the government and U.S. first-time unemployment claims rose.

Gold Tumbles With the Rest of the Market

By Christopher Freeburn, InvestorPlace Writer
Commodities dropped across the board in Wednesday trading after a weaker-than-expected report on U.S. private payroll expansion in March.
Load More