Stay updated with breaking news from Zacks Mining. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Agnico (AEM) delivered earnings and revenue surprises of 18.18% and 20.65%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?
Barrick Gold Corp., Gold Fields Ltd., AngloGold Ashanti, Royal Gold Inc. and Yamana Gold Inc are highlighted in this Industry Outlook article.
4 Stocks to Watch as Copper Trends Above $4 Per Pound Zacks.com 6 hrs ago Copper has been trending above $4.00 per pound since February riding on optimism regarding a robust US economic growth, strong demand from China and mounting concerns of a supply crunch. On Apr 14, copper futures for May delivery gained 2.4% to $4.1285 per pound — a level last seen in August 2011. Notably, copper had hit an all-time high of $4.63 per pound in February 2011. The metal has had a good run so far this year, notching a gain of around 18% owing to accelerating demand on account of pick up in manufacturing...
5 Copper Stocks With Plenty of Prospects in 2021 and Beyond Zacks.com 12/23/2020 The COVID-19 pandemic is being hailed as “a crisis like no other” and rightly so, as evident from its crippling impact on the global economy. Given its widespread use, copper has long been considered as a bellwether for the global economy. Consequently, it did not come as a surprise when copper prices took a beating as the pandemic ravaged the global economy in the earlier part of the year. However, the metal soon bounced back courtesy of supply worries, recovery in the industrial activity and strong dema...
4 Market-Beating Mining Stocks That Might Lose Steam in 2021 Zacks.com 12/22/2020 With 2020 nearing its end, one can look back at a tumultuous year dictated by a catastrophe in the form of COVID-19 pandemic, which has been wreaking havoc and impacting nearly every facet of life. The unprecedented crisis crippled the global economy. While the same brought some industries to a standstill, others thrived. The mining sector was among the few that were severely impacted at the beginning of the year due to weak demand and disrupted operations. However, the sector has weathered the phase and regai...