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Metals & Mining Sector Profile Metals & Mining Sector Profile Overview The Metals & Mining sector is the largest industry sector by number of companies with around 700 companies involved in mineral exploration, development and production in over 100 countries. The sector comprises several of the world’s largest diversified resource companies, including global giants such as BHP Billiton and Rio Tinto, as well as a representation of potential future industry leaders in the mid-tier producers and junior miners. The sector has always been reliant on equity markets to provide capital required for the capital intensive development of mineral projects or the funding of higher risk exploration to locate new deposits. Investors in the Australian market have supported over 280 new junior resource floats since 2009. Reasons to list Metals S&P/ASX 300 Metals and Mining vs S&P/ASX 200 & Mining companies 300 on ASX 250 • Access to capital: – A global market with a wide range 200 of institutional and retail investors – Australia has the world’s third largest pool of investment fund assets* 150 Index Level • A natural destination for international mining capital - a developed market in one of the 100 world’s major mining regions • Peer Group: list alongside key 50 7 7 industry players 0 0 1 1 • Opportunities for SMEs: a broad Jul 1 Jul 0 Jul 1 Jul 05 Jul 06 Jul 08 Jul 09 Jul 12 Jul 13 Jul 14 Jul 15 Jan 1 Jan 0 Jan 1 Jan 05 Jan 06 Jan 08 Jan 09 service offering for early stage and Jan 12 Jan 13 Jan 14 Jan 15 mature companies S&P/ASX 300 Metals and Mining S&P/ASX 200 * Source: Investment Company Institute, Worldwide Mutual Fund Market Data, Q4 2014 Source: Bloomberg, July 2015 Recent IPOs ASX COMPANY NAME SECTOR LISTING CAPITAL MARKET LEAD CODE DATE RAISED CAPITALISATION MANAGER/S (A$ M) ON LISTING (A$ M) S32 South32 Limited Diversified Metals & Mining May-15 - $11,991.8 n/a RTG RTG Mining Inc. Gold Jun-14 - $38.5 Scheme of arrangement with Sierra Mining Ltd (SRM) VXL Valence Industries Limited Diversified Metals & Mining Jan-14 $6.7 $23.4 Patersons Securities Limited DKM Duketon Mining Limited Diversified Metals & Mining Aug-14 $7.0 $16.5 Hartleys AGB Atlantic Gold Corporation Diversified Metals & Mining Aug-14 - $12.6 Scheme of arrangement with Atlantic Gold NL SVY Stavely Minerals Limited Diversified Metals & Mining May-14 $6.1 $9.8 Morgans Corporate Ltd ELR Elsmore Resources Limited Diversified Metals & Mining Dec-13 $2.2 $7.9 n/a TPO Tian Poh Resources Limited Diversified Metals & Mining Nov-14 $2.4 $6.0 n/a DME Dome Gold Mines Limited Gold Oct-13 $1.0 $5.9 n/a KIN Kin Mining NL Diversified Metals & Mining Oct-13 $2.6 $4.6 n/a ERX Emperor Range Group Limited Diversified Metals & Mining Nov-14 $4.5 $4.5 Novus Capital Metals & Mining Fact Sheet Top 100 Stocks ASX COMPANY MARKET SUB-INDUSTRY^ COUNTRY OF CODE NAME CAPITALISATION INCORPORATION (A$ M)^ BHP BHP Billiton Ltd 140,664.6 Diversified Metals & Mining Australia RIO Rio Tinto Ltd 97,591.1 Diversified Metals & Mining Australia AAI Alcoa Inc 23,200.8 Aluminum United States NCM Newcrest Mining Ltd 9,980.0 Gold Australia S32 South32 Ltd 9,529.5 Diversified Metals & Mining Australia FMG Fortescue Metals Group Ltd 5,947.4 Steel Australia AGG Anglogold Ashanti Ltd 4,693.9 Gold South Africa AWC Alumina Ltd 4,293.5 Aluminum Australia ILU Iluka Resources Ltd 3,215.6 Diversified Metals & Mining Australia SGM Sims Metal Management Ltd 2,134.7 Steel Australia BSL Bluescope Steel Ltd 1,695.7 Steel Australia SIR Sirius Resources NL 1,360.3 Diversified Metals & Mining Australia NST Northern Star Resources Ltd 1,310.4 Gold Australia OZL OZ Minerals Ltd 1,207.8 Diversified Metals & Mining Australia EVN Evolution Mining Ltd 1,141.3 Gold Australia OGC OceanaGold Corporation 979.5 Gold Canada IGO Independence Group NL 976.8 Diversified Metals & Mining Australia SFR Sandfire Resources NL 901.9 Diversified Metals & Mining Australia AQG Alacer Gold Corp. 890.2 Gold Canada ZIM Zimplats Holdings Ltd 753.5 Precious Metals & Minerals Guernsey WSA Western Areas Ltd 753.1 Diversified Metals & Mining Australia SYR Syrah Resources Ltd 617.9 Diversified Metals & Mining Australia MLX Metals X Ltd 572.0 Diversified Metals & Mining Australia RRL Regis Resources Ltd 539.8 Gold Australia CDU Cudeco Ltd 472.5 Diversified Metals & Mining Australia ARI Arrium Ltd 396.5 Steel Australia SAR Saracen Mineral Holdings Ltd 340.9 Gold Australia WLF Wolf Minerals Ltd 339.6 Diversified Metals & Mining Australia BCK Brockman Mining Ltd 318.5 Diversified Metals & Mining Bermuda ORE Orocobre Ltd 318.5 Diversified Metals & Mining Australia GOR Gold Road Resources Ltd 290.8 Gold Australia CWC China Waste Corporation 283.5 Gold Australia SBM St Barbara Ltd 282.2 Gold Australia TGZ Teranga Gold Corporation 273.4 Gold Canada EVR Endeavour Mining Corporation 266.5 Gold Cayman Islands NGF Norton Gold Fields Ltd 233.0 Gold Australia PRU Perseus Mining Ltd 226.5 Gold Australia MGX Mount Gibson Iron Ltd 218.2 Steel Australia AQP Aquarius Platinum Ltd 210.7 Precious Metals & Minerals Bermuda ATU Atrum Coal NL 202.5 Steel Australia TBR Tribune Resources Ltd 199.9 Gold Australia OMH OM Holdings Ltd 198.0 Diversified Metals & Mining Bermuda RSG Resolute Mining Ltd 195.6 Gold Australia TZN Terramin Australia Ltd 183.1 Diversified Metals & Mining Australia MML Medusa Mining Ltd 173.5 Gold Australia AVB Avanco Resources Ltd 172.0 Diversified Metals & Mining Australia NWF Newfield Resources Ltd 163.8 Gold Australia KCN Kingsgate Consolidated Ltd 155.4 Gold Australia PAN Panoramic Resources Ltd 149.9 Diversified Metals & Mining Australia BDR Beadell Resources Ltd 147.8 Gold Australia GRR Grange Resources Ltd 138.9 Steel Australia WLC Wollongong Coal Ltd 137.9 Steel Australia BOC Bougainville Copper Ltd 128.3 Diversified Metals & Mining Papua New Guinea CII CI Resources Ltd 127.1 Diversified Metals & Mining Australia RND Rand Mining Ltd 120.3 Gold Australia LYC Lynas Corporation Ltd 114.6 Diversified Metals & Mining Australia ALK Alkane Resources Ltd 113.9 Gold Australia DRM Doray Minerals Ltd 113.9 Gold Australia AVQ Axiom Mining Ltd 108.0 Diversified Metals & Mining Hong Kong TRY Troy Resources Ltd 107.3 Gold Australia MCR Mincor Resources NL 107.3 Diversified Metals & Mining Australia MBN Mirabela Nickel Ltd 106.9 Diversified Metals & Mining Australia TNG TNG Ltd 102.4 Diversified Metals & Mining Australia KRM Kingsrose Mining Ltd 100.4 Gold Australia FND Finders Resources Ltd 98.3 Diversified Metals & Mining Australia RTG RTG Mining Inc 95.3 Gold Virgin Islands (British) HIG Highlands Pacific Ltd 92.1 Diversified Metals & Mining Papua New Guinea DME Dome Gold Mines Ltd 91.0 Diversified Metals & Mining Australia TIG Tigers Realm Coal Ltd 89.6 Steel Australia TON Triton Minerals Ltd 88.5 Gold Australia MDL Mineral Deposits Ltd 88.1 Diversified Metals & Mining Australia ABU ABM Resources NL 85.8 Gold Australia RWD Reward Minerals Ltd 84.9 Diversified Metals & Mining Australia AMI Aurelia Metals Ltd 83.4 Diversified Metals & Mining Australia TGS Tiger Resources Ltd 80.0 Diversified Metals & Mining Australia POS Poseidon Nickel Ltd 79.7 Diversified Metals & Mining Australia BSE Base Resources Ltd 78.9 Diversified Metals & Mining Australia DNK Danakali Ltd 76.6 Diversified Metals & Mining Australia MNS Magnis Resources Ltd 75.4 Diversified Metals & Mining Australia AOH Altona Mining Ltd 74.9 Diversified Metals & Mining Australia NTU Northern Minerals Ltd 74.0 Diversified Metals & Mining Australia RED Red 5 Ltd 72.9 Gold Australia AGD Austral Gold Ltd 71.8 Precious Metals & Minerals Australia WMN Western Mining Network Ltd 71.7 Diversified Metals & Mining Australia SLR Silver Lake Resources Ltd 70.5 Gold Australia ABY Aditya Birla Minerals Ltd 68.9 Diversified Metals & Mining Australia PLS Pilbara Minerals Ltd 68.8 Diversified Metals & Mining Australia ELM Elemental Minerals Ltd 66.8 Diversified Metals & Mining Australia CAA Capral Ltd 66.5 Aluminum Australia SDL Sundance Resources Ltd 65.3 Steel Australia IMD Imdex Ltd 64.9 Diversified Metals & Mining Australia SFX Sheffield Resources Ltd 64.5 Diversified Metals & Mining Australia TLM Talisman Mining Ltd 63.8 Gold Australia NKP Nkwe Platinum Ltd 63.6 Precious Metals & Minerals Bermuda FML Focus Minerals Ltd 58.5 Gold Australia CTO Citigold Corporation Ltd 58.1 Gold Australia BCI BC Iron Ltd 56.9 Steel Australia KPC Kazakhstan Potash Corporation Ltd 56.2 Diversified Metals & Mining Australia TLG Talga Resources Ltd 54.7 Gold Australia RMS Ramelius Resources Ltd 54.0 Gold Australia ^ Bloomberg. Ranked by market capitalisation at 10 July 2015, aggregated across global markets. May exclude companies with suspended securities or subject to poor liquidity where market capitalisation cannot be determined. Value Traded – S&P/ASX 300 Metals and Mining Index 60 50 40 30 aded (A$ b) 20 alue tr V 10 0 7 7 0 0 1 1 Jul 1 Jul 0 Jul 1 Jul 08 Jul 09 Jul 12 Jul 13 Jul 14 Jul 15 Jan 1 Jan 0 Jan 1 Jan 08 Jan 09 Jan 12 Jan 13 Jan 14 Jan 15 Source: IRESS, July 2015 Top 10 Secondary Issuers in 2014-15 ASX CODE COMPANY NAME SUB-INDUSTRY^ CAPITAL RAISED (A$ M) ARI Arrium Ltd Steel 760.4 AQP Aquarius Platinum Ltd Precious Metals & Minerals 244.1 SIR Sirius Resources NL Diversified Metals & Mining 207.4 WLF Wolf Minerals Ltd Diversified Metals & Mining 183.1 EVN Evolution Mining Ltd Gold 177.1 NST Northern Star Resources Ltd Gold 136.5 LYC Lynas Corporation Ltd Diversified Metals & Mining 125.1 WSA Western Areas Ltd Diversified Metals & Mining 108.4 WLC Wollongong Coal Ltd Steel 105.3 CDU Cudeco Ltd Diversified Metals & Mining 101.2 ^ Bloomberg Source: ASX Total Capital Raised by Metals and Mining Companies 20 15 10 aised (A$b) alue r V 5 0 7 11 12 13 14 010 20 2 200 20 20 20 2005 2006 2008 2009 IPO Capital Raised Secondary Capital Raised Disclaimer: This is not intended to be financial product advice.
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