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 and Silver Report: Gold Prices Fall on Ukraine Diplomatic Agreement

A preliminary agreement to reduce tensions between Ukraine and Russia weakened gold's safe haven appeal, sending gold prices lower on Thursday.

Gold and Silver Report: AUY, AEM Stock Drop on Joint Osisko Bid

Gold rose slightly on Ukraine tensions, while AUY and AEM stock tumbled as the two miners launched a friendly $3.55 billion bid for rival Osisko Mining.

Gold and Silver Report: Gold Moves to 3-Week High, Hecla Mining Climbs

Safe-haven buying on worries over rising violence in Eastern Ukraine pushed gold higher on Monday. Hecla Mining led silver miners higher.

Gold and Silver Report: GG Sinks on Higher Hostile Bid for Osisko

Gold jumped as investor fears of a Fed interest rate hike eased. Meanwhile, Goldcorp (GG) fell after it raised its hostile takeover bid for rival Osisko.

Gold and Silver Report: HL Surges on Q1 Production

Gold prices settled lower on Wednesday, as did silver. However, HL stock rose sharply after Hecla Mining reported higher Q1 gold and silver production.

Gold Rallies on Renewed Ukraine Tensions

Gold gained in Tuesday trading as pro-Russian mobs in Eastern Ukraine threatened to spark a new confrontation between Russia and the U.S.

Gold Slips Back Below $1,300 an Ounce

Gold dropped modestly on Monday as investors contemplated the possibility of higher interest rates and a rash of recent positive U.S. economic reports.

Gold Jumps Above $1,300 an Ounce on March Jobs Data

Gold rose sharply on Friday after the government said the U.S. economy produced fewer new jobs than economists had expected in March.

Gold Sinks as U.S. Dollar Rallies

A pledge by the European Central Bank to stimulate Europe's economy boosted the U.S. dollar and sent gold down in Thursday trading.

Gold Gains as Investors Await Jobs Data

Gold posted its first gain in six sessions on Wednesday as investors await the release of the Labor Department's March jobs report on Friday.

Gold Slips Again on Upbeat U.S. Economic Data

Gold futures fell for a fifth consecutive session on Tuesday on better U.S. manufacturing news.

Gold Drops for Fourth Straight Session

Gold settled lower for a fourth consecutive session on Monday, while silver dipped, and mining stocks moved broadly lower.

Gold Prices Post Weekly Loss of 3%

Gold prices fell fractionally in Friday trading on stronger consumer spending and personal income data, ending the week down about 3%.

Gold Slides Below $1,300 an Ounce

Gold retreated again on Thursday, falling below $1,300 an ounce, as data suggested a stronger U.S. economy, boosting the U.S. dollar.

Gold Sinks as U.S. Dollar Rallies

Gold fell again on Wednesday under pressure from a rising U.S. dollar and approaching the $1,300 per ounce benchmark.

Gold Rebounds to Post Slight Gain

Gold edged higher to post a 20 cent gain on Tuesday, a day ahead of the expiration of April option contracts.

Gold Tumbles on Interest Rate Worries

Gold declined sharply on Monday as investors digested last week's remarks on U.S. interest rates by Federal Reserve Chairwoman Janet Yellen.

Gold Rises on Bargain-Hunting, Ends Week 3% Lower

Gold snapped a four-session losing streak to post a modest gain on Friday, but ended the week with a loss of about 3%.

Gold Slides for Fourth Consecutive Session

Gold fell in Thursday trading after Federal Reserve Chairwoman surprised Wall Street by suggesting interest rate hikes could come next year.