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IRON ORE – – MAJOR PRODUCERS TREND TO 10% OUTPUT GAIN IN 2015

SPOT MARKETS – – ANEMIC DEMAND AS CONSUMERS AND PRODUCERS

WEYERHAEUSER COPES WITH VERY LOW SELLING PRICES

VALE: LOWER COAL, IRON ORE, GOLD, NICKEL, AND COPPER PRICES CUT

Date: 4/7/15 Title: Spot Markets

Date: 4/7/15 Title: Newmont Mining

Date: 4/13/15 Title: Anglo American

Title: Franco Nevada Date: 4/13/15

Date: 4/16/15 Title: Copper Industry M+A Transactions

Title: METALS AND RELATED RESOURCE INDUSTRIES – – 91 IMPAIRMENT INCIDENTS FOR 2014 AVERAGE $756 MM EACH TO TOTAL $68.8 BILLION Date: 4/17/15