Innovest Releases New Ratings for Metal & Mining Sector

Innovest Releases New Ratings for Metal & Mining Sector

May 1, 2007

April 30 2007 – Innovest Strategic Value Advisors’ Intangible Value Assessments for the Metal and Mining sector are now available for purchase via CSRWire. Innovest’s IVA alpha ratings for the 58 companies in the Metal and Mining sector range from AAA (best) to CCC (worst) and assess corporate performance on a range of extra-financial issues, including environment, human capital and strategic governance.

According to Doug Morrow, Senior Analyst for the sector, major themes this year include carbon risk management, skills shortage and industry consolidation. By assessing differentials typically not identified by traditional securities analysis, Innovest’s IVA ratings uncover hidden risks and value potential for investors.

Companies covered in the sector include:

Alcan Inc

Alcoa Inc

Alumina Limited

Aluminum Corp. Of China Limited

Anglo American PLC

Anglo Platinum Limited

ANGLOGOLD ASHANTI LIMITED

Antofagasta PLC

Aquarius Platinum Limited

Arch Coal Inc

Asahi Pretec Corp.

Barrick Gold Corp.

Bema Gold Corp.

BHP Billiton PLC

Boliden AB

Cameco Corp.

Centennial Coal Company Limited

Companhia Vale Do Rio Doce SA

Consol Energy Inc

Dowa Hanshin Company Limited

Falconbridge Limited

First Quantum Minerals Limited

Freeport-McMoran Copper & Gold

GOLD FIELDS LIMITED

Goldcorp Inc

GRUPO MEXICO SAB DE CV

HARMONY GOLD MINING COMPANY LIMITED- ADR

Iluka Resources Limited

Impala Platinum Holdings Limited

Inco Limited

Ivanhoe Mines Limited

Johnson Matthey PLC

Kazakhmys PLC

Kghm SA

Kinross Gold Corp.

Lihir Gold Limited

Lonmin PLC

Massey Energy Company

Meridian Gold Inc

Mitsubishi Materials Corp.

Mitsui Mining & Smelting Company Ltd

MMC Norilsk Nickel

Newcrest Mining Limited

Newmont Mining Corp.

Novelis Inc

Outokumpu OYJ

Oxiana Limited

Paladin Resources Limited

Peabody Energy Corp.

Phelps Dodge Corp.

Randgold Resources Limited

Rio Tinto PLC

Southern Copper Corp.

Sumitomo Metal Mining Company Limited

Teck Cominco Limited

Umicore SA

Vedanta Resources PLC

Viohalco SA

Xstrata PLC

Yamana Gold Inc

Zinifex Limited

In addition to the alpha rating, downloadable reports for companies in the sector and more are available for purchase through Innovest’s partner CSRwire: http://www.csrwire.com/reports/ratings.

Some of the areas of analysis for Innovest’s IVA ratings include:

  • Environmental Strategy and management
  • Regulatory/Stakeholder relations
  • Health and Safety
  • Carbon Risk Mitigation
  • Labor Relations
  • Product Safety
  • Workplace issues
  • Supply Chain
  • Human Rights

About Innovest

Innovest Strategic Value Advisors is an internationally recognized investment research and advisory firm specializing in analyzing companies’ performance on environmental, social, and strategic governance issues, with a particular focus on their impact on competitiveness, profitability, and share price performance.

Innovest currently has offices in New York City, Toronto, San Francisco, London, Paris, Sydney, and Tokyo.