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Excitement Ahead in the Metals Mining Space? (NEM,AABB,RGLD)

As we move forward into what many economists now see as a late-stage economic cycle, the typical outperformance area has historically been in commodities, with a particular emphasis on metals. As interest rates are pushed higher, central banks often face pressure to not “kill the cycle”, which can lead to them falling behind the curve […]

Newmont Mining Corp (NYSE:NEM) Scales Down On Copper Output Forecast

Boston, MA 10/14/2013 (wallstreetpr) –  As the gold market went cold, Newmont Mining Corp (NYSE:NEM) pegged hopes on copper to stay out of the red line. But it now seems even copper doesn’t behave well. The company has announced trimming its earlier production target in 2013. In a previous forecast, NEM has 150-170 million pounds copper […]

Pershing Gold Reflects Volatility in Gold Prices (PGLC)

The price of the yellow metal crossing $1770 per troy ounce coupled with an optimistic view of re-opening the Relief Canyon Mine with minimum delays and capital investment saw the shares of Pershing Gold (OTC: PGLC) take an upward trajectory to hit a high of $0.44 last week. However, as gold corrected itself on selling […]