The Next Big Industry: Sand
Over the last few years, investors have witnessed the U.S. become a dominant force in the crude oil and natural gas space, thanks in part to rapid development in technologies. The use of hydraulic fracturing, or fracking, has boomed in recent years, as the technology has made it possible to reach significant oil and gas resources that had previously demonstrated a poor flow rate and weren’t economically accessible [for more commodity news and analysis subscribe to our free newsletter].
3 Mining Stocks That Are Up In 2013
For mining and exploration companies, 2013 has been somewhat of a brutal year. Metal miners in particular have been hit significantly this year as falling metal prices, weaker demand, and rising operational costs continue to plague the industry. Popular exchange-traded funds, like Van Eck’s Market Vectors Junior Gold Miners ETF (GDXJ), and other industry giants, such as Barrick Gold (ABX), have suffered significant losses these year; both of these securities have shed more than 45% year-to-date [for more commodity news and analysis subscribe to our free newsletter].