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 Sinks on Higher U.S. Consumer Spending

Gold fell back below $1,200 an ounce on Monday as the Commerce Department reported higher consumer spending in November.

Gold Posts 2.5% Weekly Drop

Gold recovered some lost territory in Friday trading, rising back above $1,200 an ounce, but still finished down for the week.

Buy Fallen Miners for Huge (Eventual) Upside

Miners have fallen hard in 2013, bringing them down to bargain-bin valuations, which could lead to huge returns if they eventually rally.

Gold Plunges a Day After Fed Tapering Decision

Gold dropped more than 3% in Thursday trading in the wake of the Fed's decision to begin tapering its monthly stimulus.

Gold Gains As Fed Announces Tapering Plans

Gold advanced modestly in Wednesday trading as the Federal Reserve announced long-expected plans to begin winding down its economic stimulus.

Gold Falls on Fed Tapering Speculation

Gold retreated in Tuesday trading as investors braced themselves for the possibility that the Federal Reserve will cut monthly stimulus soon.

Gold Advances as U.S. Dollar Retreats

A sliding U.S. dollar and surging crude oil sent gold futures modestly higher in Monday trading.

Gold Rises to Post Small Weekly Gain

Gold recovered somewhat from Thursday's sharp drop on Friday, ending the week with a modest gain.

Gold Drops Amid November Retail Sales Gain

Gold fell back sharply in Thursday trading after stronger U.S. retail sales for November stoked fears of an early start to Fed stimulus tapering.

Gold Dips on U.S. Budget Deal

A deal that averted another U.S. budget showdown and possible government shutdown last month sent gold lower in Wednesday trading.

Gold Jumps on Weaker U.S. Dollar

Gold climbed in Tuesday trading as the U.S. dollar continued to slide against other currencies, boosting the metal's appeal.

Gold Rises as Fed Tapering Speculation Grows

Gold moved up modestly in weak trading on Monday as investors tried to guess when the Federal Reserve would begin tapering stimulus.

Gold Slips on Solid November Jobs Report

Gold futures fell slightly in Friday trading on a better jobs report for November, ending the week down 2%.

Gold Falls Back on Better Economic News

Gold surrendered much of Wednesday's rise, dropping in Thursday trading on improved employment and GDP data.

Gold Jumps Despite Better Private Jobs Data

Gold gained sharply in Wednesday trading even after a report showed stronger U.S. jobs growth during November.

Gold Dips Ahead of Key Economic Reports

Gold slipped slightly in Tuesday trading as investors looked ahead to a series of government reports to be issued later this week.

Gold, Gold Stocks Are Tarnished – Sell NOW!

The perfect storm that buoyed gold to near $2,000 has dissipated, and the current situation is weak. Here's why you should bail out of gold and gold stocks now.

Gold Tumbles on Strong Manufacturing Data

Gold sank sharply in Monday trading after the Institute of Supply Management's manufacturing index rose in November.

Gold Edges Higher on Weaker U.S. Dollar

A report showing falling consumer confidence in November helped to send the U.S. dollar lower and gold fractionally higher in Tuesday trading.