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.

China Stimulus Concerns Send Gold Lower

Gold fell sharply as lower consumer prices in China suggested that the Chinese government might rein in stimulus efforts.

Gold Posts Biggest Weekly Loss Since June

Gold fell on Friday, capping the metal's worst week since July as investors worried that good economic news might constrain Federal Reserve stimulus.

Gold Rises on Better Jobless Data

Gold rose in Thursday trading after the Labor Department announced that first-time claims for unemployment benefits dropped to a four year low last week.

Global Slowdown Worries Keep Gold Flat

Gold and silver futures edged up slightly on Wednesday as economic concerns rose on warnings from Alcoa and Chevron about lower profits.

Gold Drops Again on Global Economic Fears

Gold fell for a third consecutive trading session after the IMF predicted lower growth around the world and China's economy showed signs of a slowdown.

Gold Retreats on Lower U.S. Unemployment

Friday's better-than-expected U.S. jobs report and lower oil prices pushed gold back from yesterday's gains; miners and gold and silver futures also fell.

ECB Comments Send Gold Soaring

Gold soared to an 110month high in Thursday trading after the head of the European Central Bank indicated that it would keep interest rates low.

Gold Rises Slightly After ADP Report

Gold posted a small gain in Wednesday trading after oil tumbled and the U.S. jobs market received a better-than-expected report from payroll processor ADP.

Gold Consolidates Gains as Investors Await Jobs Data

Gold consolidated gains on Tuesday after hitting a one-year high on Monday as investors awaited the U.S. jobs report for September.

Gold Rallies on Weaker U.S. Dollar

Gold surged to near a one-year high on Monday, as the U.S.dollar sagged against other currencies.

Gold Edges Lower, Still Enjoys Best Quarter Since 2010

Gold moved down slightly in Friday trading as oil prices moved up and investors recovered confidence in European austerity plans.

Gold Climbs on Spanish Austerity Budget

Gold climbed 1.5% in Thursday trading after Spain unveiled a new budget of tax hikes and spending cuts, suggesting it might need more financial aid.

Gold Pulls Back as U.S. Dollar Rises

Gold prices slid 1% Wednesday under pressure from profit-taking and a strengthening U.S. dollar; gold and silver mines were broadly on the rise.

Gold Edges Lower on New Eurozone Worries

Gold slipped in Tuesday trading as anti-austerity protests tested the Spanish government and refreshed concerns over the European debt crisis.

2012 Won’t Be CAT’s Year. But Stick Around

Have patience: Caterpillar's bargain valuation still makes it a long-term buy, despite its admission that the nearer term is looking much glummer than expected.

Caterpillar Warns, Cuts Forecasts

Caterpillar cuts its forecast for 2015, as global growth doesn't look to be as robust as the heavy construction and mining giant was hoping.

Gold and Silver Retreat on Profit-Taking

Investors took profits on Monday, causing gold and silver to decline, while oil and grains fell and the U.S.dollar rose.

Gold Rises, Silver Dips on Economic Worries

Gold moved slightly higher on Friday as investors worried about the outcome of central bank stimulus programs, while silver slipped.

Gold Retreats, Silver Recovers as Dollar Gains

Gold fell back in Thursday trading as oil recovered from a deeper decline to close down slightly and the U.S. dollar rose.