Metals & Mining Sector Profile

Overview
The Metals & Mining sector is the largest industry sector by number of companies with over 760 companies involved in mineral exploration, development and production across over 110 countries. The sector comprises several of the worlds 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 400 new junior resource floats in the last 5 years.

Reasons to list Metals & Mining companies on ASX:

Access to capital: A global market with a wide range of institutional and retail investors Australia has the worlds third largest pool of investment fund assets*  A natural destination for international mining capital - a developed market in one of the worlds major mining regions Peer Group: list alongside key industry players Opportunities for SMEs: a broad service offering for early stage and mature companies
* Source: Investment Company Institute, Q2 2012

S&P/ASX 300 Metals and Mining vs S&P/ASX 200

600 500

Index Level

400 300 200 100 0

Jan 01

Jan 02

Jan 03

Jan 04

Jan 05

Jan 06

Jan 07

Jan 08

Jan 09

Jan 10

Jan 11

Jan 12

S&P/ASX 300 Metals and Mining Source: IRESS, January 2013

S&P/ASX 200

Recent IPOs
ASX COMPANY SECTOR* LISTING CAPITAL MARKET CAP LEAD CODE NAME DATE RAISED ON LISTING MANAGER/S (A$ M) (A$ M)
ATR CYY AYC ATU PNL TGN MTA KTA FOT MGB Astron Corporation Limited Crescent Resources Corp A1 Consolidated Gold Limited Atrum Coal NL Paringa Resources Limited Tungsten Mining NL Metals of Africa Limited Krakatoa Resources Limited Fortunis Resources Limited Magnolia Resources Limited Diversified Metals & Mining Diversified Metals & Mining Gold Diversified Metals & Mining Diversified Metals & Mining Diversified Metals & Mining Base metals Diversified Metals & Mining Diversified Metals & Mining Diversified Metals & Mining May-12 Dec-12 Jul-12 May-12 Dec-12 Dec-12 May-12 Dec-12 Dec-12 Nov-12 $- $- $8.1 $9.1 $10.0 $5.1 $3.0 $3.0 $2.8 $2.5 $153.1 $33.2 $16.3 $12.2 $11.2 $6.8 n/a n/a DWCorporate Pty Ltd Blackwood Capital EL&C Baillieu Patersons Securities Ltd

Jan 13

$3.5  Cunningham Peterson Sharbanee Securities Pty Ltd (trading as CPS Securities) $3.3 $2.9 $2.9 CK Locke & Partners, Stellar Securities n/a 708 Capital P/L

* Source: Bloomberg

Metals & Mining Fact Sheet

Top 100 Stocks
ASX COMPANY CODE NAME
BHP RIO NCM FMG AAI ILU RRL AWC OZL PNA BSL SGM AGO EVN SFR ARI MML LYC RSG IGO PRU SDL YAL ZIM CGX CDU OGC BDR WSA SBM DML MGX SLR KCN SPH NST AGG IGR GDO SIR AQG PIR MBN TRY TGZ SYR GBG BCI AQP IMD MDL GRR IVA IRN EVR BOC SAR WDR KRM BHP BILLITON LIMITED RIO TINTO LIMITED NEWCREST MINING LIMITED FORTESCUE METALS GROUP LTD ALCOA INC. ILUKA RESOURCES LIMITED REGIS RESOURCES LIMITED ALUMINA LIMITED OZ MINERALS LIMITED PANAUST LIMITED BLUESCOPE STEEL LIMITED SIMS METAL MANAGEMENT LIMITED ATLAS IRON LIMITED EVOLUTION MINING LIMITED SANDFIRE RESOURCES NL ARRIUM LIMITED MEDUSA MINING LIMITED LYNAS CORPORATION LIMITED RESOLUTE MINING LIMITED INDEPENDENCE GROUP NL PERSEUS MINING LIMITED SUNDANCE RESOURCES LIMITED YANCOAL AUSTRALIA LIMITED ZIMPLATS HOLDINGS LIMITED CGA MINING LIMITED CUDECO LIMITED OCEANAGOLD CORPORATION BEADELL RESOURCES LIMITED WESTERN AREAS NL ST BARBARA LIMITED DISCOVERY METALS LIMITED MOUNT GIBSON IRON LIMITED SILVER LAKE RESOURCES LIMITED KINGSGATE CONSOLIDATED LIMITED. SPHERE MINERALS LIMITED NORTHERN STAR RESOURCES LTD ANGLOGOLD ASHANTI LIMITED INTEGRA MINING LIMITED GOLD ONE INTERNATIONAL LIMITED SIRIUS RESOURCES NL ALACER GOLD CORP. PAPILLON RESOURCES LIMITED MIRABELA NICKEL LIMITED TROY RESOURCES LIMITED TERANGA GOLD CORPORATION SYRAH RESOURCES LIMITED GINDALBIE METALS LTD BC IRON LIMITED AQUARIUS PLATINUM LIMITED IMDEX LIMITED MINERAL DEPOSITS LIMITED GRANGE RESOURCES LIMITED. IVANHOE AUSTRALIA LIMITED INDOPHIL RESOURCES NL ENDEAVOUR MINING CORPORATION BOUGAINVILLE COPPER LIMITED SARACEN MINERAL HOLDINGS LIMITED WESTERN DESERT RESOURCES LIMITED KINGSROSE MINING LIMITED

MARKET SUB-INDUSTRY^ CAPITALISATION (A$ M)*

$182,047.2 $98,563.4 $18,289.9 $13,078.0 $6,928.2 $3,353.8 $2,633.0 $2,330.4 $2,254.8 $2,096.6 $1,917.4 $1,889.7 $1,382.8 $1,295.8 $1,223.3 $1,175.8 $1,159.9 $1,130.5 $1,093.1 $1,036.3 $1,025.8 $1,004.2 $944.5 $882.6 $868.4 $848.4 $842.5 $803.4 $799.5 $795.6 $790.1 $766.1 $741.9 $714.4 $654.8 $555.7 $534.4 $485.9 $481.6 $448.9 $447.6 $423.6 $398.8 $371.7 $371.4 $369.5 $344.1 $334.4 $333.5 $299.9 $292.4 $288.9 $285.4 $264.7 $258.3 $256.7 $255.9 $245.3 $240.8 Diversified Metals & Mining Diversified Metals & Mining Gold Steel Aluminum Diversified Metals & Mining Gold Aluminum Diversified Metals & Mining Diversified Metals & Mining Steel Steel Steel Gold Diversified Metals & Mining Steel Gold Diversified Metals & Mining Gold Diversified Metals & Mining Gold Steel Diversified Metals & Mining Precious Metals & Minerals Gold Diversified Metals & Mining Gold Gold Diversified Metals & Mining Gold Diversified Metals & Mining Steel Gold Gold Steel Gold Gold Gold Gold Gold Gold Gold Diversified Metals & Mining Gold Gold Diversified Metals & Mining Steel Steel Precious Metals & Minerals Diversified Metals & Mining Diversified Metals & Mining Steel Diversified Metals & Mining Diversified Metals & Mining Gold Diversified Metals & Mining Gold Diversified Metals & Mining Gold

COUNTRY OF INCORPORATION^
Australia Australia Australia Australia USA Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Guernsey Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia South Africa Australia Australia Australia Canada Australia Australia Australia Canada Australia Australia Australia Bermuda Australia Australia Australia Australia Australia Canada Papua New Guinea Australia Australia Australia

JMS ALK BTU PEM GRY GNM GXY SWA NFE CMR MLX TGS BTR NGF MCR ORE EQX OMH CFE TAM RMS RED HCH MGO ATR ABU ABY BSE GGG CZA FML IAU RXM FMS AOH IOH MOY PAN HIG ELM HGO

JUPITER MINES LIMITED ALKANE RESOURCES LIMITED BATHURST RESOURCES LIMITED PERILYA LIMITED GRYPHON MINERALS LIMITED GUJARAT NRE COKING COAL LIMITED GALAXY RESOURCES LIMITED SWAN GOLD MINING LIMITED NORTHERN IRON LIMITED COMPASS RESOURCES LIMITED METALS X LIMITED TIGER RESOURCES LIMITED BLACKTHORN RESOURCES LIMITED NORTON GOLD FIELDS LIMITED MINCOR RESOURCES NL OROCOBRE LIMITED EQUATORIAL RESOURCES LIMITED OM HOLDINGS LIMITED CAPE LAMBERT RESOURCES LIMITED TANAMI GOLD NL RAMELIUS RESOURCES LIMITED RED 5 LIMITED HOT CHILI LIMITED MARENGO MINING LIMITED ASTRON CORPORATION LIMITED ABM RESOURCES NL ADITYA BIRLA MINERALS LIMITED BASE RESOURCES LIMITED GREENLAND MINERALS AND ENERGY LIMITED COAL OF AFRICA LIMITED FOCUS MINERALS LTD INTREPID MINES LIMITED REX MINERALS LIMITED FLINDERS MINES LIMITED ALTONA MINING LIMITED IRON ORE HOLDINGS LIMITED MILLENNIUM MINERALS LIMITED PANORAMIC RESOURCES LIMITED HIGHLANDS PACIFIC LIMITED ELEMENTAL MINERALS LIMITED HILLGROVE RESOURCES LIMITED

$239.6 $238.4 $237.1 $230.8 $227.3 $220.1 $219.9 $219.3 $215.6 $210.6 $190.0 $188.6 $185.6 $185.2 $179.7 $173.1 $168.8 $168.4 $165.4 $159.3 $157.7 $157.2 $155.7 $153.6 $151.9 $151.0 $148.9 $145.7 $142.0 $140.2 $138.3 $136.1 $134.1 $133.0 $131.8 $122.5 $121.6 $121.0 $118.4 $117.7 $117.6

Diversified Metals & Mining Gold Diversified Metals & Mining Diversified Metals & Mining Gold Diversified Metals & Mining Diversified Metals & Mining Gold Steel Diversified Metals & Mining Diversified Metals & Mining Diversified Metals & Mining Diversified Metals & Mining Gold Diversified Metals & Mining Diversified Metals & Mining Steel Diversified Metals & Mining Steel Gold Gold Gold Diversified Metals & Mining Gold Diversified Metals & Mining Gold Diversified Metals & Mining Steel Diversified Metals & Mining Steel Gold Gold Diversified Metals & Mining Steel Diversified Metals & Mining Steel Gold Diversified Metals & Mining Diversified Metals & Mining Diversified Metals & Mining Diversified Metals & Mining

Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Bermuda Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Australia Papua New Guinea Australia Australia

*  Ranked by Market Capitalisation at 30 December 2012. May exclude companies with suspended securities or subject to poor liquidity where market capitalisation cannot be determined. ^ Bloomberg

Value traded Metals & Mining

50

40 Value traded (A$ b)

30

20

100

Jan 2005

May 2005

Sep 2005

Jan 2006

May 2006

Sep 2006

Jan 2007

May 2007

Sep 2007

Jan 2008

May 2008

Sep 2008

Jan 2009

May 2009

Sep 2009

Jan 2010

May 2010

Sep 2010

Jan 2011

May 2011

Sep 2011

Jan 2012

May 2012

Sep 2012

Source: IRESS

Jan 2013

Top 10 Secondary Issuers 2012

ASX CODE
OGC WSA LYC BCI SRQ MBN CDU SIR WDR ALK
* Source: Bloomberg

COMPANY NAME
OceanaGold Corporation Western Areas Limited Lynas Corporation Limited BC Iron Limited Straits Resources Limited. Mirabela Nickel Limited Cudeco Limited Sirius Resources NL Western Desert Resources Limited Alkane Resources Limited

SECTOR*
Gold Diversified Metals & Mining Diversified Metals & Mining Steel Diversified Metals & Mining Diversified Metals & Mining Diversified Metals & Mining Diversified Metals & Mining Diversified Metals & Mining Gold

CAPITAL RAISED (A$ M)

$270.6 $190.0 $165.2 $155.9 $140.2 $120.2 $119.9 $116.5 $110.9 $106.9

Capital Raised Metals & Mining

20

15

Capital raised (A$ b)

10

2005

2006

2007

2008

2009

2010

2011

IPO Capital Raised

Secondary Capital Raised

Disclaimer: This is not intended to be financial product advice. To the extent permitted by law, ASX Limited ABN 98 008 624 691 and its related bodies corporate excludes all liability for any loss or damage arising in any way including by way of negligence. This document is not a substitute for the Operating Rules of the relevant ASX entity and in the case of any inconsistency, the Operating Rules prevail.

Copyright 2013 ASX Limited ABN 98 008 624 691. All rights reserved 2013.

Information line: 131 279

www.asx.com.au

For thisproduct the market is operated by ASX LimitedACN 008 624 691

2012