Date: January 29, 2015 Title: STEEL INDUSTRY – – STRONGER DOLLAR HURTS SOME CUSTOMER END MARKETS; STRONG DECEMBER QUARTER EARNINGS WHERE SOME SELLING PRICES ROSE, PERHAPS AGREED EARLIER WITH TIME LAGS

Date: January 30, 2015 Title: FREEPORT-McMoRAN INC. WRITEDOWNS, LOWER 2015 COPPER PRICE ESTIMATES, LOWER OIL/GAS PRICES AND OUTPUT, AND DILUTION FROM AN ESTIMATED $3 BILLION EQUITY OFFERING COMBINE TO SLASH EARNINGS AND CASH FLOW

Date: January 30, 2015 Title: ROYAL GOLD; SHARE PRICE GAINS, GOLD PRICE, PENASQUITO AND MT. MILLIGAN GOOD NEWS.

Date: February 9, 2015 Title: STEEL INDUSTRY – – FEBRUARY SCRAP DECLINES ARE A NEGATIVE NOT A POSITIVE FOR ANY OF THE STEEL-RELATED COMPANIES

Date: February 11, 2015 Title: SPOT MARKETS – – CUT 2015 NONFERROUS BASE METALS PRICE ESTIMATES DUE TO STRONG DOLLAR AND “SYMPATHY” TO CRUDE OIL, DESPITE APPARENT DEMAND UP AND MINE OR REFINED SUPPLIES MOSTLY TIGHT

Date: February 12, 2015 Title: CAMECO: LOWER FUTURE ESTIMATED SPOT URANIUM PRICES LOWER ESTIMATED EARNINGS; URANIUM NEAR NIL SHARE OF NEW GENERATING