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 Weaker, Silver Higher as Nations Pledge Support for IMF

Gold prices were weaker but silver was higher Tuesday morning amid good news from Europe and Goldman Sachs. Gold and silver miners were both on the rise.

Gold, Silver Down on U.S., EU and China Data

China trade balances and eurozone unemployment worsen.

Gold, Silver Down on Lower China GDP

China growth comes in lower than expected, and eurozone concerns linger.

Gold, Silver Prices Glimmer as Outlook Eases

Gold and silver prices were heading higher Thursday after a number of data reports, with mining stocks coming along for the ride.

Gold, Silver Fall Awaiting Fed Beige Book

The first Q1 earnings report is strong, and European bonds steady.

Gold, Silver Down on Economic Weakness

More eurozone credit worries -- this time about Spain -- added to the slide.

QE Hopes, China Inflation Buoy Gold, Silver

Prime movers were higher-than-expected inflation in China and renewed speculation about monetary easing.

Gold, Silver Up Amid Euro Recession Fears

In the U.S., jobless claims fell to a four-year low.

Gold, Silver Take Hits After FOMC Meeting

The meeting's minutes are released, and the dollar/euro exchange rate is adjusted.

Gold, Silver Mark Time as FOMC Minutes Due

Also, March auto-sales data will arrive later today.

Manufacturing Data Boosts Gold, Silver

Gold and silver were higher Monday morning on manufacturing reports from China and the U.S., among other data, and miners also were making gains.

Gold, Silver Down for 2nd Straight Month

U.S. 4Q GDP rose as expected and weekly unemployment claims dropped again as consensus grows for the sustainability of the U.S. recovery.

Gold, Silver Lower on Durable-Goods Report

News that Chinese manufacturers' profits contracted sharply in the first two months contributed as well.

Gold, Silver Higher on Lower U.S. Home Prices

Mixed consumer-confidence reports and a sliding dollar helped fuel the rise.

Gold, Silver Up on Bernanke Comments

A weaker-than-expected report on February pending home sales also contributed to the rise.

Gold, Silver Jump Amid Lower U.S. Home Sales

Precious metals were showing healthy gains Friday morning to close out a down week, recovering somewhat from recent losses.

Gold, Silver Down on Weak China, EU Data

U.S. weekly unemployment claims continued to fall last week, hitting a four-year low.

Gold, Silver Higher Amid U.S. Homebuilder Data

Apple's dividend dominated morning news, while Europe was quiet. A key reading of homebuilder confidence came in a bit weaker than expected.

Gold Up, Silver Down Amid U.S. Inflation

The Federal Reserve Board reported that industrial production was unchanged in February -- much lower than market expectations.