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, Silver Drop as EU Leaders Meet

The European summit opened in Brussels, and the U.S. Supreme Court upheld the constitutionality of a key element in "Obamacare."

Gold, Silver Weak Ahead of EU Summit

Nothing significant is expected given German PM Merkel's statement that there will be no collective sharing of eurozone debt liabilities as long as she lives.

How Lithium Can Power Your Portfolio

It's an overlooked way to cash in on booming demand in high tech, where the element is used in nearly everything. Here's where to mine lithium's riches.

Gold, Silver Lower on Mixed News Reports

Markets await an EU summit and a Supreme Court ruling on 'Obamacare' later this week.

Gold, Silver Sag at Start of Eventful Week

European Union leaders are due to meet Thursday and Friday to discuss closer fiscal integration, a cross-border banking union and a joint debt-redemption fund.

Gold, Silver Down to Close Out Losing Week

No definitive actions were taken by the U.S. or eurozone central banks to contain the eurozone debt/credit crisis.

Fed, Economic Data Drive Gold, Silver Lower

The Fed decided to refrain from doing anything more in the way of monetary easing than extending its "Operation Twist" open market operations.

Gold, Silver Lower As FOMC, G-20 Meet

Germany and eurozone leaders agree to use emergency funds from the European Stability Mechanism and European Financial Stability Facility to buy bonds of troubled member nations in the open market.

Gold, Silver Turn Lower as FOMC Meets

And eurozone leaders at the G-20 summit in Los Cabos, Mexico, aim to forge a "more integrated financial architecture."

Gold, Silver Higher on Greek Election Results

Greece's center-right New Democracy party won, raising hopes that it will be able to form a coalition government with the third-place Pasok socialists.

Gold Up, Silver Down Ahead of Greek Vote

In the U.S., consumer sentiment dropped to the lowest level since December as investors await the much-anticipated second Greek national election in a month.

Gold, Silver Lower on Jobs, Inflation News

Seasonally adjusted weekly claims for U.S. unemployment insurance rose unexpectedly last week.

Gold, Silver Continue Rally Amid Weakening Retail Sales

Spanish and Italian bond yields are "perilously high."

Gold, Silver Rally as Spanish Bond Yields Hit Record High

Meanwhile, the net worth of the average American family plunged nearly 40% from 2007 to 2010.

Miners Are Where Gold’s Profits Lie

Gold-mining stocks have underperformed gold for several years, so they may be just beginning to play catch-up.

Gold, Silver Lower as Markets Eye Greek Elections

Investors just can't get over the problems still facing Europe, including the Spanish bank rescue package and the coming elections in Greece.

Bernanke, Spain Weigh on Gold and Silver

Spanish debt and Bernanke's stimu-less remarks weighed on metals prices Friday, with gold miners performing mixed and silver miners broadly higher.

Gold, Silver Give Back Recent Gains

Precious metals retreated from the latest rally as Bernanke spoke in Congress about monetary policy and the state of the U.S. economy.

3 Reasons to Buy Joy Global on the Dip

Mining equipment manufacturer Joy Global has been pummeled since March. But don't join the bearish crowd, here are three reasons to buy.