Jon OggInvestors are used to seeing many Buy ratings from Wall St. analysts, but they often overlook or do not see when these analysts give lists of stocks to sell or when…
ThinkstockToday’s 9.3% drop in the price of gold was the largest one-day drop in 30 years. The sell-off began in Asia last night, continued through the day in Europe, and wound up…
ThinkstockThe latest casualty of the drop in gold prices is gold-mining stocks. CNBC reports: As gold prices extended their decline on Monday, investors dumped shares of gold miners on worries over their…
Douglas A. McIntyre ThinkstockArgus offers investors what is generally considered to be truly independent research. The firm has none of the possible conflicts of interest that you might see from traditional Wall St. sell-side firms…
ThinkstockThe banking crisis in Cyprus has dragged on for a week now, with threat projections ranging all the way from “dire” to “who cares.” It seems reasonable to assume that whatever threat…
ThinkstockLondon-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 is awaiting…
ThinkstockThis will not sound nice, but it isn’t meant to: It really sucks to be a gold miner right now. Gold prices have lost the wind at their back, gold production prices…
ThinkstockWe have already covered the sea change that is washing over the mining industry. Where past practice has been to invest heavily in new assets with the strategy that growth was assured,…
U.S. equity markets opened higher this morning following a two-day run of losses. No significant data was scheduled to be released in the U.S. today, so investors were guided by corporate earnings…
ThinkstockWithout going through all the changes in the top management of the world’s largest mining companies, there is one thing that stands about virtually all of these changes: putting more focus on…
U.S. equity markets opened lower this morning and continued a slow downward slide throughout the day. In Europe, flash PMI data from the eurozone came in below expectations on both manufacturing and…
ThinkstockBarrick 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 on revenues…
ThinkstockThere are a variety of ways to invest in precious metals. Buying gold or silver bars and coins is one, exchange traded products (ETFs) are another, and a third is investing in…
ThinkstockThe Comex April gold price has risen more than $5 today and is currently trading at $1,676.00 an ounce. Last week’s poor showing for fourth quarter U.S. GDP growth has pushed the…
ThinkstockEverything about the mining industry is big, so it should come as no surprise that when things don’t work out as planned, the mistakes are big too. Two mining CEOs have lost…
