March 14, 2013 at 08:00 AM EDT
Vale, Alpha Natural Resources, Arch Coal, Molycorp, and Cameco Early Briefing and Review

LONDON, March 14, 2013 /PRNewswire/ --

Mining companies faced significant challenges in 2012 due to a slowdown in China, a major consumer of raw materials. Weak demand for raw materials led to a number of mining companies delaying mining projects and closing some mines. However, a rebound in the Chinese economy augurs well for mining companies such as Vale SA (NYSE: VALE).  In the U.S., coal producers such as Alpha Natural Resources Inc. (NYSE: ANR), and Arch Coal Inc. (NYSE: ACI) struggled as natural gas prices dropped to record low levels in 2012. U.S. coal producers are now looking to increase their exports in order to offset weak domestic demand. Meanwhile, demand for rare earth minerals is expected to remain robust due to increasing use tablets and smartphones. This should benefit Molycorp Inc. (NYSE: MCP). Uranium mining companies such as Cameco Corporation (NYSE: CCJ) are also expected to see a strong year ahead. On Wednesday, mining stocks ended mostly lower even as the broad market edged higher. StockCall has released free charting and technical research on these aforementioned companies. Register to read these reports at

http://www.stockcall.com/report  

Shares of Vale SA fell sharply in Wednesday's trading session. The stock closed 4.35% lower at $17.80 on above average volume of 27.02 million. The stock has now fallen more than 15% this year, compared to a gain of 9% for the S&P 500. The mining company's shares have fallen below their 200-day moving average as a result of a sharp decline yesterday. This is a bearish signal. The stock's MACD has also crossed below the signal line, which further confirms the bearish trend. Sign up for the free report on VALE at

http://www.StockCall.com/VALE031413.pdf

Shares of Alpha Natural Resources Inc. also tumbled in yesterday's trading session. The stock closed 4.42% lower at $8.01 on volume of 8.86 million. Alpha Natural Resources' shares have fallen more than 6.60% in the last three sessions. Year-to-date, the stock has fallen more than 17%, underperforming the broad market. The coal producer's shares have slipped below their 200-day moving average, which is a bearish signal. ANR free technical report can be accessed by signing up at

http://www.StockCall.com/ANR031413.pdf

Shares of Arch Coal Inc. fell sharply in its previous trading session. The stock closed 1.91% lower at $5.14 on volume of 5.12 million yesterday. It has fallen 3.75% in the last three sessions. Year-to-date, coal miner's shares have fallen nearly 30%, even as the broad market has rallied. The stock is currently trading well below its 50-day and 200-day moving averages which indicates a bearish pattern. Free report on ACI can be accessed by registering at

http://www.StockCall.com/ACI031413.pdf

Shares of Molycorp Inc. fell 4.48% to finish at $5.97 in Wednesday's trading session. The stock has now fallen more than 8% in the last three sessions. It has dropped by more than 36% so far this year. Molycorp's shares are currently facing resistance at around $6.50. Register with StockCall and download the research on MCP for free at

http://www.StockCall.com/MCP031413.pdf

Shares of Cameco Corporation edged lower in Wednesday's session. The stock closed 1.81% lower at $21.14 on volume of 1.62 million on Wednesday. Despite the sharp decline yesterday, the uranium mining company's shares are up 0.71% for the week. Read the full free research on CCJ by signing up to StockCall at

http://www.StockCall.com/CCJ031413.pdf

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SOURCE StockCall.com

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