Lower gold prices have hit revenue for all gold miners. But IAMGold has a stronger position thanks to cash reserves from the sale of a non-gold asset. The miner is well positioned to buy distressed assets from competitors, pay down debt or… Read More
We report on Major Drilling, a contract driller whose customers mainly consist of mining companies. With commodities prices sliding for several years, the downturn has cut into Major Drilling’s revenues. However, the company continues to report positive cash flow. It also… Read More
Gold prices are near six-year lows. However, companies with high-quality reserves that have used this period of weak prices to get their costs under control should make big gains when prices start to rise. Newmont Mining, a leading producer of gold and copper, is cutting… Read More
The decline in commodity prices has not spared Potash Corp. of Saskatchewan. The problem for this Canadian producer is weaker demand combined with higher supply as a German competitor plans to open a potash mine in Saskatchewan and Russian giant Uralkali Group… Read More
With commodities prices falling over the past few years, resource companies have seen their revenues and values drop. But some of these stocks offer value even in the midst of depressed prices. Today, we look at Alcoa, which mines and refines aluminum,… Read More
Sliding gold prices over the past three years have hurt gold mining stocks, but some gold miners have good prospects for growth once bullion prices strengthen. Today, we look at Alamos Gold, a gold miner that operates in Mexico and Ontario… Read More
At a time of lower commodity prices, the mining stocks with the greatest speculative appeal are those with new projects that enhance their value even before prices rebound. Today we look at Hecla Mining and Amerigo Resources, two mining firms that are… Read More
What are mining stocks and how can you successfully invest in them?
What are mining stocks? Great question. Mining stocks are investments in companies that produce or explore for minerals, such as uranium, coal, molybdenum (which is used in steelmaking), copper, silver and gold.
Mining stocks… Read More