This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Metals and Mining: Winners & Losers

Stocks in this article: HMY JRCC SWC

NEW YORK ( TheStreet) -- Harmony Gold Mining (HMY), James River Coal (JRCC) and Aluminum Corporation of China (ACH) rallied higher last week.

But Metalline Mining (MMG), Stillwater Mining (SWC) and Cliffs Natural Resources (CLF) saw declines.

Leading the advancers' list, Harmony Gold Mining gained 3.1% last week after the company discovered superior grade gold at its 50% owned Wafi-Golpu mine in Papua New Guinea.

Meanwhile, James River Coal advanced 2.9%. The company plans to acquire West Virginia-based coal producer International Resource Partners in order to expand its access to metallurgical coal.

James River Coal will pay $475 million for International Resource Partners, which operates nine coal mines and has 136 million tons of coal reserves and resources.

Aluminum Corporation of China and Great Northern Iron Ore Properties (GNI) rose 1.1% and 0.7%, respectively, last week.

Meanwhile, steel producer and metals recycler Steel Dynamics (STLD) edged up 0.4% during the week.

Steel Dynamics last week said it was raising its quarterly dividend by 33% to 10 cents per share, with a dividend yield of 2.2%. It also raised its first-quarter guidance for earnings per share to a range of 37 cents to 42 cents.

The company added that demand for sheet and special bar quality steels in the U.S. market remains robust.

Other metals and mining stocks recorded significant losses, however. Metalline Mining led the losers' pack and plummeted 17.9%.

Stillwater Mining lost 14.1% last week. The company reported 2010 net income of $50.4 million, or 51 cents per share, compared with a net loss of $8.7 million in 2009. Revenue increased 40.9% to $555.9 million for the year.

Cliffs Natural Resources declined 11.5% during the past week. The company expects iron ore prices to remain higher in the near term, primarily due to strong demand from China coupled with lack of new production capacity. Coal producer Patriot Coal (PCX) fell 11.3%.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs