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Steel & Iron

Precision Steel Warehouse, Inc.

Precision Steel Warehouse, Inc.

Wesco Financial chooses Precision Steel Warehouse (PSW). The Wesco subsidiary is a steel service center, a sort of middle man that buys steel directly from manufacturers and then processes it to sell in smaller batches to other businesses. Products -- including carbon and alloy steels, stainless steels, aluminum, and brass -- are sold to a wide range of customers; PSW also offers services such as blanking, cut-to-length, edging, leveling, shearing, and slitting. Precision Steel Warehouse company operates from locations in Illinois and North Carolina. Wesco is primarily owned by Warren Buffett's Berkshire Hathaway.

Franco-Nevada Corporation

Franco-Nevada Corporation

Franco-Nevada is a gold-focused royalty company with additional interests in platinum group metals, oil and gas and other assets. We are the leading gold royalty company with the largest gold royalty revenues. The majority of our revenues are derived from a diversified portfolio of high-quality royalty properties located in North America. Franco-Nevada also holds a pipeline of assets which have the potential to generate future royalty revenues but which are currently under development or in the exploration phase. As of mid 2010, the royalty portfolio consists of approximately 311 royalty interests diversified over a range of commodities and stages from exploration through to operating.Our royalty portfolio generates high-margin free cash-flow with lower exposure to operating and capital costs than operating companies. The portfolio also provides us with direct leverage to commodity prices and the exploration potential of world-class ore deposits and mineral exploration trends where we have existing royalty interests. Management has proven successful in both acquiring and creating new royalties along with managing our growing portfolio of assets. We intend to utilize our free cash-flow to grow the portfolio and to pay dividends. We believe that a portfolio of royalty interests provides our shareholders with a higher risk-adjusted return through the commodity cycle than direct operating interests.

Tres-Or Resources Ltd.

Tres-Or Resources Ltd.

Tres-Or Resources Ltd. Is a Canadian resource exploration company, exploring precious metals particularly gold and diamonds with projects in Ontario, Quebec and Ghana. Tres-Or is currently focused on exploration in the Abitibi Greenstone Belt of Ontario and Quebec with holdings of 1,515 hectares of claims which are situated north of the Porcupine-Destor fault, within the Achean greenstone belt that stretches from Timmins, Ontario through to Rouyn-Noranda, Quebec. Over 85 million ounces of gold have been produced from this prolific gold-bearing belt, with majority of the production associated with the Porcupine-Destor fault system. Tres-Or Resources under Tres-Or Ghana also operates a mining service contact in Ghana which is currently in gold production.

Eurasia Mining plc

Eurasia Mining plc

Eurasia Mining may be based in the UK, but its business is all located in Russia. Eurasia Mining owns and operates gold and platinum group metals (PGMs) projects in northwestern and central Russia (Kola Peninsula and Urals projects). Its exploration in the Urals includes a project with joint venture with Anglo Platinum. Eurasia Mining is also working with AngloGold Ashanti on gold projects in Siberia. The company's exploration projects in Russia are funded from its own equity funds and through investments from joint venture partners.

Luvata Oy

Luvata Oy

Luvata smelts and refines copper mainly for markets in Europe and the US. Products include copper rods, bars, sheets, plates, strips, wire, and tubes. Its operations include Rolled Products; Air Conditioning/Refrigeration Tubes; and Luvata Heat Transfer Solutions, which makes HVAC components like heat exchangers, air conditioning units, and food storage refrigeration products. Private equity firm Nordic Capital owns Luvata, having bought the company from Outokumpu in 2005. The following year it changed its name to Luvata, which is a Finnish word meaning to promise.

Moneta Porcupine Mines Inc.

Moneta Porcupine Mines Inc.

Moneta is a long-established gold mineral exploration and development company and former gold producer which owns one of the largest property portfolios over approximately 10% (from Timmins, Ontario to the Quebec border) of the Destor Porcupine Fault Zone, one of the key structural features in the Abitibi Greenstone belt in Ontario. Moneta owns 100% of the Golden Highway Project, North Tisdale, Nighthawk Lake, Kayorum and Denton Thorneloe (West Timmins) core projects located in the Porcupine and Golden Highway Camps, one of the most prolific gold producing regions in North America, with over 72 million ounces of gold mined to date.

Metals USA Holdings Corp.

Metals USA Holdings Corp.

Metals USA Holdings Corp. provides processed carbon steel, stainless steel, aluminum, and specialty metals, as well as manufactured metal components in the United States and Canada. It operates in three segments: Flat Rolled and Non-Ferrous, Plates and Shapes, and Building Products. The Flat Rolled and Non-Ferrous segment sells cold rolled, coated, and hot rolled steel products and various non-ferrous flat rolled products, including aluminum, stainless steel, copper, and brass. It also provides processing services, such as slitting, precision blanking, leveling, cut-to-length, punching, and shearing. This segment offers its products and services to customers in the electrical and appliance manufacturing, fabrication, furniture, commercial construction, machinery and equipment, land and marine transportation, and energy and aerospace industries. The Plates and Shapes segment offers carbon products, such as structural plates, beams, bars, and tubing. It also provides processing services comprising cutting, cambering/leveling, punching, bending, shearing, cut-to-length, blast and paint, and tee-splitting. This segment serves customers in the fabrication, commercial construction, machinery and equipment, land and marine transportation, and energy industries. The Building Products segment manufactures and sells aluminum and steel products, including covered canopies and walkways, awnings, sunrooms, solariums, and other products primarily for the commercial and residential building products industries, primarily through distributors and contractors. The company is headquartered in Fort Lauderdale, Florida. Metals USA Holdings Corp. is a subsidiary of Apollo Management V L.P.

Pacific Steel & Recycling, Inc.

Pacific Steel & Recycling, Inc.

Pacific Steel & Recycling is the Intermountain Northwest’s largest Steel Service Center and Scrap Metals Recycler. We are a 100% employee owned ESOP corporation that has been in business for more than 100 years. Pacific has thrived throughout the years by catering to our customers’ needs. We know that by putting customers first and adapting to their needs, we will continue to succeed.We are headquartered in Great Falls, MT, and have 38 branch offices in Washington, Idaho, Utah, Nevada, Wyoming, South Dakota and Montana. Pacific offices are uniquely committed to serving their communities--by providing exceptional steel and recycling services and supporting local schools, youth sports teams and charitable causes.

Red Back Mining Inc.

Red Back Mining Inc.

Prospecting in Africa is golden for Red Back Mining. The gold producer operates two gold mines in West Africa -- the Tasiast Gold Mine in Mauritania (100% owned) and the Chirano Gold Mine in Ghana (in which Red Back has a 90% interest, with the government of Ghana holding the rest). Red Back produces about 250,000 ounces annually and has around 3 million ounces of proved and probable reserves. Red Back Mining company also has exploration projects elsewhere in Ghana and Mauritania and holds a minority interest in West African assets held by the Australian Mineral Deposits Limited. Toronto-based Kinross Gold acquired Red Back in 2010 in a $7 billion stock deal.

Orko Silver Corp.

Orko Silver Corp.

Orko Silver Corp. ( TSX Venture Exchange: OK.V ) focuses on resource exploration and development for Silver and Gold in Mexico. The Company has a large land position in Durango State, a historically prolific silver mining region located along the Sierra Madre Occidental Mountains. The company owns a 100% interest La Preciosa Project that covers 80,000 acres of contiguous mining claims.On February 18, 2009, the Company released its 6th NI 43-101 compliant Resource Estimate. The La Preciosa deposit now comprises 47% Indicated Resources and 53% Inferred Resources. Current Indicated Resources are 10.64 million tonnes grading 0.27 g/t Au and 185 g/t Ag for a silver-equivalent grade of 201 g/t. at a cut off grade of 100 g/t Ag. The contained metal equals 63.2 million ounces of silver and 94,000 ounces of gold for a silver-equivalent of 68.9 million ounces. Current Inferred Resources are 12.0 million tonnes grading 0.25 g/t Au and 185 g/t Ag for a silver-equivalent grade of 200 g/t. at a cut off grade of 100 g/t. The contained metal equals 71.8 million ounces of silver and 97,000 ounces of gold for a silver-equivalent of 77.6 million ounces.**Estimated at a 60 to 1 silver/gold ratio with metallurgical ratio with metallurgical recoveries and net smelter returns assumed to be 100%. On April 14th, 2009 Pan American Silver Corp. and Orko Silver announced that they have agreed to form a joint venture to develop the La Preciosa project. Pan American will contribute its demonstrated mine development expertise, as well as 100% of the funds necessary to develop and construct an operating mine, in consideration for a 55% interest in the joint venture. Orko Silver retains a 45% interest fully carried to production.

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