Text size Barrick Gold produced 1.2 million ounces of gold in the fourth quarter. David Gray/AFP via Getty Images Barrick Gold, one of the two largest gold mining companies in the world, plans to intr...
Tag: Mining/Quarrying
Lithium Americas Stock Jumps After a Bullish Call
Text size This photo taken on March 12, 2021, shows a worker with car batteries at a factory for Xinwangda Electric Vehicle Battery Co., which makes lithium batteries for electric cars and other uses,...
Cleveland-Cliffs Stock Is Dropping After Earnings
Text size Prices of hot-rolled steel coil, a benchmark for the market, have dropped to $1,135 a ton from $1,900 at the end of the third quarter. Ina Fassbender/AFP via Getty Images Cleveland-Cliffs st...
Caterpillar stock suffers biggest selloff in more than a year as margin, cost disappointments offset big earnings beat
Shares of Caterpillar Inc. took a dive Friday, as surging costs and a disappointing outlook on profit margins overshadowed a big quarterly earnings beat. The construction and mining equipment company ...
Canadian pot company BC Craft files for bankruptcy protection as market shrinks
BC Craft Supply Co. shares fell sharply on Wednesday after the Vancouver-based cannabis producer filed for protection from its creditors under Canada’s Bankruptcy and Insolvency Act. BC Craft Supply C...
Here’s one asset in an ‘up crash’ — and the stocks tied to it are lagging behind the move
There always seems to be an unusual commodity that captures the attention of the market. Last year it was uranium, which had both a theme — the need for clean energy provided by nuclear reactors — and...
Variable Dividends Are a Growing Trend in Resources and Energy. How to Play the Stocks.
For companies that pump out cash, dividends are a popular way to share some of it with their shareholders. But that cash-generation power may fluctuate, so many companies in the energy and resources s...
Miners Are Off to a Strong Start. Freeport-McMoRan Could Be the Big Winner.
Text size A vehicle collect rocks with ore deposits at a Freeport-McMoRan mining complex. OLIVIA RONDONUWU/AFP/Getty Images Investors have been waiting months for mining stocks to regain their mojo. T...
These 3 ETFs let you play the hot semiconductor sector, where Nvidia, Micron, AMD and others are growing sales rapidly
Semiconductor stocks may continue to be an excellent area of the market for investors, even though the prospect of a long period of rising interest rates has put pressure on some high-flying technolog...
Bad news for home buyers: Mortgage rates have soared to their highest levels since March 2020
Interest rates are surging on the heels of data showing a concerning outlook for inflation — and home buyers are set to pay the price. The 30-year fixed-rate mortgage averaged 3.45% for the week endin...
Tesla EV-Battery Partner Saw Insiders Buy Up Stock
Text size A lithium battery. Piedmont Lithium insiders bought up stock as the year was coming to a close. Krisztian Bocsi/Bloomberg Piedmont Lithium stock doubled in 2021, and even as the year was clo...
Rio Tinto Is Building Its Lithium Business. The Move to Green Energy Will Boost the Stock.
Diversified miner Rio Tinto is pivoting toward clean-energy products. Courtesy of Rio Tinto Text size A fat dividend and a robust pivot toward clean-energy products should make United Kingdom–based di...
‘The Fed might have to really stop on the brakes’: Mortgage rates surge to highest level in over a year
Mortgage rates rose markedly in the first week of 2022 — potentially setting the tone for a year in which economist expect interest rates to move steadily higher. The 30-year fixed-rate mortgage avera...
6 Stocks for a 2022 of Higher Interest Rates and Slower Earnings Growth
Don’t let inflation fears dominate your investment thoughts. Save time to worry about earnings growth, too. Below, some statistical bellyaching and portfolio defeatism, plus one Wall Street bank’s top...