The price of copper, gold and iron ore has not been kind to the megaminers who had ridden quite a profitable wave through 2012. Persistent, slow growth in the U.S., negative growth in Europe, and the surprising dip in growth from China left the market saturated with production. Just as an example, gold has dropped 23% in less than a year, leading companies like Barrick Gold (NYSE: ABX ) to announce its intentions to trim spending by 10% in the next year.
The largest miners in the world haven't been insulated from this either. BHP Billiton (NYSE: BHP ) will be attempting to reduce expenditures by $4 billion within the next 12 months. This cut will be larger than the entire 4% market cap of the S&P 500 index. And�that's in just one year!�These measures, while drastic, should help realign the supply and demand balance leading to improved inventory management and pricing power for the miners mentioned in the video below.
Hot Gold Stocks To Own Right Now: Rockwell Medical Technologies Inc.(RMTI)
Rockwell Medical Technologies, Inc. manufactures, sells, and distributes hemodialysis concentrate solutions and dialysis kits primarily in the United States, Latin America, Asia, and Europe. The company?s hemodialysis product duplicates kidney function in patients with failing kidneys, known as end stage renal disease, an advanced stage of chronic kidney disease; and dialysis solutions are used to maintain life, remove toxins, and replace nutrients in the dialysis patient?s bloodstream. Its products include Renal Pure and CitraPure liquid acid concentrate, Dri-Sate dry acid concentrate and mixing systems, RenalPure powder bicarbonate concentrate, and SteriLyte liquid bicarbonate concentrates; and various ancillary products comprising blood tubing, fistula needles, specialized custom kits, dressings, cleaning agents, filtration salts, and other supplies. The company also has a license to manufacture and sell soluble ferric pyrophosphate (SFP), a Phase III clinical trial p roduct to improve the treatment of dialysis patients with iron deficiency. Rockwell Medical Technologies sells its products to domestic hemodialysis providers through direct sales people and independent sales representation companies, as well as through independent sales agents and distributors internationally. The company was founded in 1995 and is based in Wixom, Michigan.
Hot Gold Stocks To Own Right Now: TeleTech Holdings Inc.(TTEC)
TeleTech Holdings, Inc., together with its subsidiaries, provides customer experience strategy, technology, and business process outsourcing solutions worldwide. The company offers revenue generation solutions, including designing and managing approximately 8,000 client-branded e-commerce Websites, and processing 3 terabytes of customer data daily to create and implement customer targeting and segmentation strategies to enhance customer acquisition, retention, and growth. It also offers customer innovation solutions that integrate voice, chat, e-mail, ecommerce, and social media to enhance the customer experience for its clients; and enterprise innovation solutions that comprise redesigning and managing clients? back-office processes to enhance clients? abilities to obtain a customer-centric view of their relationships. In addition, the company provides managed technology solutions consisting of software and infrastructure as a service; and designing, implementing, and m anaging clients? premise-based delivery center environments to enable companies to deliver a customer experience across various touch points. Further, it offers learning innovation training solutions that utilizes a methodology, which includes virtual job-simulation environments, eLearning courses, interactive social media networking, and collaboration, as well as intuitive 3D and game-based learning courses; data analytics to provide real time and actionable customer insight regarding how to grow revenue, reduce customer churn, and enhance operating efficiencies; and professional services to deliver customer-centric solutions. The company serves automotive, broadband, cable, financial services, healthcare, logistics, media and entertainment, retail, technology, travel, and wireline and wireless communication industries. TeleTech Holdings, Inc. was founded in 1982 and is headquartered in Englewood, Colorado.
Hot Biotech Companies To Invest In Right Now: Syngenta AG(SYT)
Syngenta AG, an agribusiness company, engages in the discovery, development, manufacture, and marketing of a range of products designed to enhance crop yields and food quality worldwide. The company operates in three segments: Crop Protection, Seeds, and Business Development. The Crop Protection segment offers herbicides for corn, cereals, soybean, and rice; fungicides for corn, cereals, fruits, grapes, rice, soybean, and vegetables; insecticides for fruits, vegetables, and field crops; seed care for corn, soybean, cereals, and cotton; and professional products, such as products for public health, and turf and ornamentals. This segment markets its products through independent distributors and dealers, agricultural consultants, and growers. The Seeds segment develops, produces, and markets seeds and plants based on advanced genetics and related technologies. This segment provides approximately 200 product lines and approximately 6,800 varieties of proprietary genetics, incl uding vegetables, flowers, corn, soybean, sugar beet, and sunflower primarily under the NK, Golden Harvest, Garst, HILLESH�, S&G, Rogers, Zeraim Gedera, and Fischer brand names. The Business Development segment engages in the development of enzymes and traits to enhance agronomic, nutritional, and biofuel properties of plants. The company was founded in 1999 and is headquartered in Basel, Switzerland.