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 Both Sharply Up Wednesday

Gold and silver prices rocketed Wednesday afternoon amid reports of further economic weakness in the eurozone; mining stocks also headed skyward.

Gold Treads Water, Silver Higher as G7 Meets

Spain's budget minister, Cristobal Montoro, is urging EU leaders to act faster to aid his country.

Gold, Silver Lower on Weak U.S. Factory Orders

Ongoing eurozone troubles and further indications of a slowing U.S. economy continue to weigh on investors.

Gold, Silver Up Sharply on U.S., Eurozone Data

U.S. job creation essentially stalled in May, while the ranks of the long-term unemployed -- those out of work for 27 weeks or more -- jumped to 5.4 million.

Gold Steady, Silver Lower on U.S. GDP, Jobs, Spanish Aid

Private-sector U.S. jobs came in less than expected as the EC moved to stem Spain's brewing financial crisis.

Gold and Silver Fall as EU Issues Financial Report Cards

The precious metals kept sliding as eurozone concerns continue to mount and as April U.S. pending home sales dropped the most in a year.

Gold, Silver Lower on U.S., Eurozone News

Eurozone debt worries and weak U.S. home prices and consumer confidence took a toll.

Gold Makes Slight Gains as Markets Remain on Eurozone Watch

Gold gained and silver slid Friday morning as EU members continue to press Germany to agree to the issuance of eurobonds. Mining stocks' trading was mixed.

Gold, Silver Higher on U.S. Durable Goods, Eurozone News

Concerns rise on further indications of weakening among Europe's economies, tepid U.S. employment and durable-goods data and an uneventful EU summit.

Energy Independence: Fracking the Eagle Ford

The Eagle Ford in South Texas could give Pennsylvania and North Dakota fracking success stories a run for their money. And betting on this vast new energy source could be a portfolio-changing event.

Gold, Silver Fall as Euro Leaders Set to Meet

New measures to be planned as the EU is effectively experiencing its second recession of the past four years.

Silver Higher, Gold Lower Tuesday Morning

Markets are hanging on eurozone, U.S. and China economic news in advance of Greece's mid-June elections.

2 Metals and Mining ETFs to Consider

XME and DBB are ripe for bottom-fishing, but caution is essential as continuing headwinds from Europe could keep base metals prices depressed.

Gold Up, Silver Down on Eurozone News

A more pro-growth policy stance was evident in statements out of the weekend meeting of G8 leaders.

Gold, Silver Gain for Second Day

Precious metals stage a mini-rally on Friday to end an otherwise rough week.

Strong Rally in Gold, Silver as Euro Weakens Further

Gold and silver were solidy higher Thursday even as the euro slipped lower versus the dollar and weekly U.S. unemployment claims were unchanged.

Selling Continues in Gold and Silver

U.S. housing starts and industrial output weighed on gold and silver prices, but numerous mining stocks were heading upward.

Gold, Silver Up on Eurozone, U.S. News

Weaker U.S. retail sales and an increasingly likely Greek exit from the euro weigh in.

Gold, Silver Resume Downward Trend

Concerns grow about a global economic slowdown and a restructuring of the European Monetary Union.