Tesla Inc. TSLA, -5.25% reportedly is on the prowl for its own lithium-mining company, and losses are piling up for the stocks of lithium producers. Shares of Albemarle Corp. ALB, -6.22% were down mor...
Tag: Non-ferrous Metal Ore Mining
Albemarle, Lithium Stocks Beat the Market for Years. Until Now.
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Newmont Makes $17 Billion Offer for Australia Gold Miner Newcrest
Newmont has made an offer worth around $17 billion to acquire Australia’s Newcrest Mining an approach which could set off competing bids as international gold miners seek to secure the most promising ...
Why a Winning Streak for Gold Could Help Barrick and Newmont Stock Rise
The market slumps of 2022 drove investors to many havens, including gold. While the price of the precious metal has risen 4% over the past year, that rally didn’t fully extend to gold miners’ stocks. ...
Piedmont Lithium Stock Is Soaring After Amended Tesla Deal
Lithium-mining start up Piedmont Lithium and electric-vehicle giant Tesla have amended a deal that will give Tesla greater domestic supply of the metal that goes into EV batteries. Tuesday, Piedmont (...
Markets for Critical Minerals Are Too Prone to Failure
Text size Workers inspect an open cast at Arcadia Lithium mine on January 11, 2022 in Goromonzi, Zimbabwe. Tafadzwa Ufumeli/Getty Images About the authors: Cullen Hendrix is senior fellow at the Peter...
Why Splunk Stock Is Worth a Look
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec...
What the midterm elections mean for the housing market — and one ‘politically contentious’ issue that splits Democrats and Republicans
The midterm U.S. elections are coming. And elections have consequences for the housing market, according to a new report from investment bank Cowen. The report by Cowen’s Jaret Seiberg noted that the ...
Fannie Mae, Freddie Mac to use alternative credit scores: What it means for homebuyers
NASHVILLE, Tenn. — The federal government is expanding how it collects credit scores, which may allow more Americans to potentially buy homes. The Federal Housing Finance Agency on Monday announced at...
Mortgage rates surge to a 20-year high, leading to steep decline in home sales
The numbers: Mortgage rates have risen to the highest level in 20 years. The 30-year fixed-rate mortgage averaged 6.94% as of October 20, according to data released by Freddie Mac on Thursday. That’s...
Why It’s Time to Buy This Uranium Miner’s Stock
Heading into this past week, uranium miner Cameco was that rare stock in the market: It had posted a double-digit gain in 2022. One deal made those gains disappear—and created a buying opportunity. At...
Uranium Miner Cameco Agrees to Buy Stake in Nuclear Services Firm, Stock Drops
Cameco stock was tumbling after agreeing, along with Brookfield Renewable Partners to acquire Westinghouse Electric. The companies will be forming a strategic partnership to acquire Westinghouse, the ...
Cameco Stock Tumbles on Agreement to Buy Stake in Westinghouse Electric
Cameco was falling nearly 10% after agreeing along with Brookfield Renewable Partners to acquire Westinghouse Electric. The companies will be forming a strategic partnership to acquire Westinghouse, t...
Overlooked by Investors, Royalties Are Fetching Princely Sums
Sept. 18, 2022 9:00 am ET Listen to article (2 minutes) ADELAIDE, Australia—A rush of deals for royalties on resources projects is drawing attention to an asset that many investors didn’t even know ab...
Newmont Is a Hedge Against Uncertainty With a 5% Dividend Yield
A processing plant at the Merian gold mine in Suriname, owned and operated by Newmont. The company’s stock may be the safest way to bet on a gold revival. Ranu Abhelakh/Reuters/Alamy Text size Gold ha...
Buy Newmont stock for its deep value and ‘very attractive’ dividend, UBS says
Shares of Newmont Corp. were little changed Tuesday, despite selloffs in gold futures and the broader stock market, after UBS analyst Cleve Rueckert said it was time to buy, given “compelling” valuati...
ConocoPhillips CEO Ryan Lance Buys Freeport-McMoRan Stock
Text size Ryan Lance, chairman and CEO of ConocoPhillips. Aaron M. Sprecher/Bloomberg Freeport-McMoRan stock has slid this year, and director Ryan Lance has bought a large block of shares of the coppe...
With the Fed raising rates, should you pause plans to buy a house or car?
As if wasn’t already tough enough to make a major purchase at a time when living costs are skyrocketing, the interest rates to finance those pricey purchases are going up. Now consumers are confrontin...
Gold Has Been a Disappointment This Year. What Could Change That.
Rising interest rates and strength in the dollar contributed to gold’s drop to $1,700.20 an ounce on July 20, the lowest finish since March 30, 2021. Here: a row of gold ingots in a foundry. Andrey Ru...
Freeport-McMoRan and Rio Tinto Stock Could Be Golden
Text size Freeport-McMoRan and Rio Tinto are top picks of Jefferies analyst Chris LeFemina. Above, copper rods used to machine parts. Photo by Scott Olson/Getty Images Freeport-McMoRan and Rio Tinto m...
U.S. homeownership rate tumbles to 1980s levels
High prices for everything from groceries to gas aren’t the only things making this year feel like a throwback to the 1980s. After almost a decade of gains, homeownership in the U.S. also has slipped ...
3 crucial financial moves to make now after the Fed’s biggest rate hike since 1994
In a matter of months, it’s become more expensive to carry a credit card balance, a car loan or a mortgage as the Federal Reserve’s interest rate hikes have seeped into borrowing costs. It’s tough med...
Yamana Gold Stock Surges on $6.7 Billion Gold Fields Deal
Text size Yamana Gold holders would receive 0.6 Gold Fields share for each share outstanding under terms of the proposed takeover. David Gray/AFP/Getty Images Yamana Gold stock surged on Tuesday after...
After 2 stormy years of ‘moonshot’ house prices, don’t hold out hope for a major correction. Why COVID-era property values may be here to stay.
There is hope for first-time buyers looking to enter the U.S. housing market, but observers say they will have to be patient. After a two-year surge in home prices during the COVID-19 pandemic, the ho...
Princeton University Discloses Large Stake in Lithium Miner
Text size Students walk on campus at Princeton University. William Thomas Cain/Getty Images Princeton University disclosed that it owned a large stake in an early-stage lithium miner. In fact, Princet...
‘The pandemic boom in home sales is over’: Mortgage rates soar to highest level since 2009 as the Fed pressures the housing market
Mortgage rates are skyrocketing thanks to the Fed, but buyers who can tough out this difficult, changing market will be rewarded. The 30-year fixed-rate mortgage averaged 5.27% for the week ending May...
‘I think we’re in the final innings.’ Pimco’s Kiesel thinks the housing market has hit its top
Mark Kiesel is thinking of selling his California home and becoming a renter. Families looking to buy a home make want to take heed. Kiesel, who serves as global credit chief investment officer at Pim...
‘Buyers of a median-price home are looking at a monthly mortgage payment that is almost 50% higher than it was a year ago.’ The 30-year mortgage rate dips slightly to 5.1%
The interest rate on the country’s benchmark mortgage product edged downward for the first time since early March, but that doesn’t mean the housing market will see a reprieve. The 30-year fixed-rate ...
Mortgage rates soar to highest level in over a decade — even wealthy home buyers are feeling the pain
Mortgage rates are soaring, and no one is being spared. The average rate on a 30-year fixed-rate mortgage was 5% as of the week ending April 14, representing an increase of 28 basis points from the pr...
Tesla Needs Lithium. Elon Musk Suggests It Could Get Into Mining Business.
Tesla CEO Elon Musk has suggested that the electric vehicle maker might get into the mining business. Patrick Pleul/POOL/AFP via Getty Images Text size Tesla CEO Elon Musk lamented the rising cost of ...
As mortgage rates surge higher, these home buyers are being pushed out of the market
The steep upward climb in mortgage rates still isn’t showing any signs of stopping. The average rate on a 30-year fixed-rate mortgage was 4.72% as of the week ending April 7, Freddie Mac FMCC, -0.03% ...
20 EV stocks that could rebound the most in 2023
Even as electric-vehicle sales have been gaining traction, associated stocks have been crushed during 2022, led by Tesla. Below is a screen of stocks of companies involved in the development, producti...