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 Tumbles Tuesday as U.S. Equities Soar

Gold and silver sharply fell in Tuesday trading amid reports of rising factory orders in February and strong March auto sales, renewing confidence in the economy.

Gold Rises on Weaker U.S. Manufacturing, Korea Tensions

Gold posted a modest gain in Monday trading on rising tensions on the Korean Peninsula and slowing U.S. manufacturing last month.

13 Must-See Charts for April

The stock market has been going up for months, but there still is an abundance of fresh trading ideas as we move into April -- especially in these sectors.

Gold Drops on Cyprus Bank Calm, Posts Slight Monthly Gain

Gold fell in Thursday trading, dropping below $1,600 an ounce, as Cyprus banks re-opened, reassuring investors that the eurozone would avoid a new crisis.

Gold Posts First Rise in Four Sessions

A slight drop in sales of existing U.S. homes in February and a weak showing at an Italian bond sales sent gold higher in Wednesday trading.

Gold Drops for Third Consecutive Session

Gold slipped in Tuesday trading after reports showed rising U.S. home prices and durable goods orders, while the financial crisis in Cyprus appeared to cool.

Gold Dips on Cyprus Bailout Deal

Gold slipped slightly in Monday trading after Cyprus concluded a bailout deal with the European leaders, avoiding possible expulsion from the eurozone.

Gold Cools on Cyprus, Gains for Week

Gold slipped on Friday as frantic deal-making in Cyprus raised hopes that the island nation could secure a bailout and avoid ejection from the eurozone.

EU Cyprus Ultimatum Sends Gold Higher

Gold gained in Thursday trading after the European Union issued an ultimatum to Cyprus to raise billions needed for a bailout or be expelled from the eurozone.

Gold Slips on Federal Reserve Statement

Gold fell modestly in Wednesday trading after the Federal Reserve left interest rates unchanged, but issued cautionary remarks about its easy monetary policy.

Gold Rises on Cyprus Bailout Vote

The rejection of a controversial bailout plan by Cyprus' legislature sent gold up in Tuesday trading as worries over the eurozone economy grew.

Gold Jumps on Cyprus Bank Bailout Plans

Plans to confiscate part of private bank deposits as part of Cyprus' bailout plan renewed fears about Europe's economic crisis, sending gold higher on Monday.

Gold Climbs Modestly on Consumer Price Data

Gold rose slightly in Friday trading, posting a small increase for the week, after the government said consumer prices rose sharply in February.

Gold Inches Higher on Rising Euro, Asia Demand

Gold edged higher in Thursday trading, despite more good news about U.S. employment, as the euro rose and Asian gold demand increased.

Gold Slips on Stronger U.S. Retail Sales

Gold fell modestly in Wednesday trading after the U.S. Commerce Department reported higher-than-expected retail sales growth in February.

Gold Jumps on German Bank Head Comments

Remarks from the head of Germany's central bank warning that the eurozone's economic crisis is not over sent gold up sharply on Tuesday.

Gold Posts Third Straight Gain on Italian Downgrade

Gold inched up for the third consecutive session as traders contemplated Fitch's downgrade of Italy's credit rating and the chance of a renewed European crisis.

Gold Climbs In Spite of Jobs Data, Strengthening U.S. Dollar

Gold futures advanced fractionally on Friday despite good new on U.S. job creation in February and a rising U.S. dollar.

Gold Futures Inch Higher on Weaker Dollar

Gold futures inched slightly higher in Thursday trading on better U.S. economic news and comments from the ECB head predicting modest eurozone growth this year.