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.

Bull Market? Not for Mining Stocks

Mining stocks have missed the boat on the rally in the broader market due to concerns about China's economy. Does this make mining shares a value, or is there still danger in this group?

Gold Inches Up as Equities Hit Record Highs

Rising economic optimism sent U.S. equities to record highs on Tuesday as gold posted a fractional gain.

Gold Flat As Economic Uncertainty Lingers

Gold was mostly flat in Monday trading as investors contemplated the potential effect of sequester spending cuts and a lack of new U.S. economic data.

Gold Slides to Third Straight Weekly Decline

Gold dipped in Friday trading on the eve of sequester-forced cuts in U.S. federal spending, marking its third straight weekly decline.

Gold Posts Fifth Consecutive Monthly Decline

Gold fell in Thursday trading on better U.S. economic news, ending February down 5% for its fifth straight monthly decline.

Sequester Fears Drive Gold Lower

Gold fell more than 1% in Wednesday trading as traders contemplated deep cuts in federal spending and a lack of new stimulus proposals from the Federal Reserve.

Gold Jumps on Bernanke Stimulus Remarks

Comments by Fed Chairman Ben Bernanke before the Senate Banking Committee that continued stimulus efforts were worth the risk sent gold higher on Tuesday.

Gold Climbs Amid Italy’s Election Uncertainty

Italian election results signaling a potential deadlock in parliament renewed fears over the eurozone's debt crisis, sending gold higher in Monday trading.

Gold Crawls Higher Amid Weak U.S. Economic News

Economic reports suggesting a continued lackluster U.S. economy helped gold edge higher in Thursday trading.

Gold Drops to Seven-Month Low on Fed Meeting Talk

Gold tumbled in Wednesday trading after the release of the minutes from the Fed's January meeting suggested an early end to economic stimulus policies.

Gold Dips for Fourth Consecutive Session, Nears Six-Month Low

Gold fell in Tuesday trading as expectations grew that the Federal Reserve will curtail economic stimulus efforts this year.

Wait on Sliding Gold and Gold Stocks

Both gold bullion and mining stocks have been hit hard so far in 2013, but the charts are showing that more downside is on the way.

Gold Posts Biggest Weekly Loss Since May

Gold dropped in weak Friday trading ahead of a three-day weekend in the U.S., pushing the metal to its largest weekly loss since May.

Europe Recession Fears Drag Gold Lower

Gold retreated in Thursday trading, hitting a six-week low, after data showed the eurozone's economy contracted more than forecast in the final quarter 2012.

Poor U.S. Retail Sales Send Gold Lower

Weak U.S. retail sales for January sent gold down slightly in Wednesday trading as investors looked forward to the G-20 meeting in Moscow this week.

Gold Mostly Flat After G7 Statement

Gold was mostly flat in Tuesday trading after a G7 statement against currency devaluation sent the U.S. dollar lower and North Korea conducted a nuclear test.

Gold Drops to 5-Week Low on G-7 Rumblings

Gold and silver slid lower Monday amid news of a possible G-7 statement against currency devaluations; miners turned tail as well.

Gold Posts Weekly Loss on Lower U.S. Trade Deficit

A sharp drop in the U.S. trade deficit for December sent gold lower in Friday trading, pushing the metal to a weekly loss.

Gold Retreats on Draghi Remarks

Gold pulled back in Thursday trading after comments from the European Central Bank president raised new concerns about Europe's economic recovery.