Quantcast

Posts related to ‘mining stocks’

mining

Glencore Follows Other Big Miners to Lower Profits

Posted: March 5, 2013 at 7:35 am

London-traded Glencore International has been making news for more than a year now for its takeover of Xstrata, a mining company of which Glencore already owns about 40%. The company ...
Read Full Story »
gold bars nuggets

Barrick Posts Big Net Loss Due to $4 Billion Write-Down

Posted: February 14, 2013 at 7:35 am

Barrick Gold Corp. (NYSE: ABX) reported fourth-quarter and full-year 2012 earnings before markets opened this morning. For the quarter, the gold miner posted adjusted earnings per share (EPS) of $1.11 ...
Read Full Story »
Pouring molten steel

Mining, Steel Stocks Surging in Premarket

Posted: January 2, 2013 at 9:24 am

Now that the United States has dodged the fiscal cliff, investors are expecting at least a boomlet in manufacturing and production. That means more energy and more basic materials. Coal ...
Read Full Story »

Funds Watch: The Real Conundrum of Precious Metals Funds (GLD, SGGDX, USAGX, VPMGX, GDX, GDXJ, SIL)

Posted: June 30, 2011 at 2:08 pm

Since the beginning of this year, the price of gold has gained about 6%. Three large precious metals funds, however, are down between -5% and -10% during the same period. ...
Read Full Story »