Investors continue to flock into global mining stocks, with a special surge in interest over the past few days shown in Asian names, dominated by Chinese miners. Where the benchmark MSCI Barra dollar index for all global equities has now bounced 26% above its recent multi-year lows, the world's top 100 miners, by value, have moved up by 104%, on a weighted average basis. The grouping leads the global attempt at stock market recovery; the S+P 500 has so far managed a bounce of only 26%; Europe's DJ Stoxx 600 of only 23%.At the country level, the sharpest recoveries are displayed by Russia, as seen in the Micex Russia, with a bounce of 85% from lows, and China's CSI 300, now up by 67% from lows. Only marginal interest is being shown in broader commodity exposure. The Reuters/Jefferies CRB is only 13% above its recent lows; the Dow Jones AIG Commodity by a little less. Listed oil stocks have bounced by an average of only 39%; the S + P 500 Energy index is up by 30%, which appears modest alongside the bounces recorded by mining stocks.Within the broader mining group, specialist copper stocks have posted the sharpest recovery with a meteoric rise of 167% from lows, followed by zinc miners (163%), gold miners (129%), and nickel specialists (124%). Strictly speaking, miners of primary silver are at the top of the pops, with a weighted average bounce of 193%, but that is a small subsector, with a global investable market value of $14bn, and one that is heavily dominated as to both size and performance by Fresnillo, which has moved up by 370% from its lows.Among the top 100 mining stocks, by value, powerful investor portfolio flows have more recently seen funds driven heavily into Asian names, dominated by Chinese miners such as Sichuan Hongda (zinc), Shanxi Lu'an (coal), Shanxi Xishan (coal and power generation), SDIC Xinji (coal), Jiangxi Copper, Yunnan Copper, Tongling (copper), Shandong Gold, Shanxi Guoyang (coal and power generation), Shenzhen Zhongjin (zinc and lead), Shanxi Lanhua (coal and fertilisers), Yunnan Chihong (zinc, lead and others), Henan Shenhuo (coal and aluminium), Zhongjin Gold, Western Mining (base metals), and Zijin, China's biggest listed gold digger.The top overall price performance ranking goes to Indonesia's Bumi Resources (coal and energy), which has long exhibited extreme stock price volatility. Outside the Asian region, top performing names include Fresnillo, Iamgold, Ivanhoe Mines (copper-gold), Eldorado Gold, First Quantum (copper-gold), Teck (diversified and highly indebted), ENRC (diversified), KGHM Polska Miedź (copper-silver), Kazakhmys (diversified), Vedanta (diversified), Freeport-McMoRan (copper-gold-molybdenum), and AngloGold Ashanti. Top performers further include a number of Russian stocks recovering from extremely oversold levels: Uralkali (potash), Polyus (gold), and Evraz (iron ore, steel and related).At the other end of the performance tables are found the likes of Coal & Allied,  Consol Energy (coal), Cliffs Natural (iron ore and coal), Arab Potash, Anglo Platinum, Norsk Hydro (aluminium), Exxaro (diversified), CAP (iron ore and related), Alcoa (aluminium), and Anglo American.The world's biggest 100 miners currently display an aggregate market value of just over $1 trillion.

WORLD'S TOP 100 MINING STOCKS

Ranked here on 12-month performance

Stock

From

From

Value

price

high*

low*

$bn

Bumi Resources

$0.12

-87.6%

475.0%

2.23

Fresnillo

₤4.37

-24.0%

369.9%

4.68

Sichuan Hongda

CNY 15.77

-56.3%

313.9%

2.38

Iamgold

$8.07

-10.3%

263.5%

2.95

Shanxi Lu'an

CNY 33.10

-30.0%

271.5%

5.57

Uralkali

$12.95

-84.0%

309.8%

5.50

Ivanhoe Mines

C$7.34

-41.7%

256.3%

2.28

Shanxi Xishan

CNY 23.41

-22.2%

235.4%

8.30

SDIC Xinji

CNY 14.12

-1.2%

209.6%

3.82

Eldorado

$7.62

-21.4%

220.2%

2.82

Jiangxi Copper

CNY 26.79

-26.6%

223.9%

6.41

Yunnan Copper

$22.17

-29.6%

225.6%

4.08

Tongling

CNY 16.10

-10.5%

194.9%

3.05

First Quantum

C$42.85

-55.1%

236.1%

2.75

Shandong Gold

CNY 76.14

-12.5%

188.4%

3.96

Silver Wheaton

$8.15

-53.7%

224.7%

2.34

Shanxi Guoyang

CNY 23.07

-22.1%

188.4%

3.25

Shenzhen Zhongjin

CNY 17.56

-23.6%

189.8%

2.63

Shanxi Lanhua

CNY 29.60

-22.7%

186.0%

2.47

Polyus

$43.00

-46.3%

207.1%

8.20

Teck

$8.79

-83.6%

238.1%

4.20

Yunnan Chihong

CNY 19.88

-41.8%

194.5%

2.27

Henan Shenhuo

CNY 30.99

-40.0%

184.3%

2.27

ENRC

₤5.57

-64.1%

204.1%

10.71

KGHM Polska Miedź

PLN 57.85

-49.1%

188.1%

3.62

Zhongjin Gold

CNY 58.08

-19.3%

154.7%

3.05

Evraz

$11.95

-90.0%

223.0%

4.67

Western Mining

CNY 14.80

-46.6%

179.2%

5.16

Zijin

CNY 10.68

-51.5%

184.0%

16.47

Kazakhmys

₤5.12

-74.0%

199.9%

4.09

Vedanta

₤10.08

-63.8%

181.0%

4.19

Freeport-McMoRan

$44.26

-65.2%

181.9%

18.22

AngloGold Ashanti

$31.55

-19.4%

136.0%

11.17

ERA

AUD 21.25

-14.8%

127.3%

2.92

Antofagasta

₤5.89

-29.5%

141.4%

8.67

Pingdingshan Tianan

CNY 26.17

-52.4%

161.7%

4.12

Hebei Jinniu

CNY 27.49

-50.6%

159.8%

3.17

Buenaventura

$22.41

-40.2%

149.0%

6.16

Lonmin

₤14.18

-60.7%

164.3%

3.34

Gold Fields

$10.74

-29.1%

131.5%

7.56

Sterlite

$8.28

-64.0%

165.4%

5.87

Franco-Nevada

AUD 25.25

-17.9%

117.3%

2.08

Sociedad Química

$31.68

-46.7%

144.1%

8.34

Agnico-Eagle

$49.19

-39.1%

135.7%

7.64

Yamana

$8.14

-52.1%

145.9%

5.97

Hindustan Zinc

INR 485.10

-36.4%

125.6%

4.12

Mongolia Energy

HKD 2.71

-85.0%

171.0%

2.115

National Aluminium

INR 252.75

-55.4%

140.1%

3.27

Randgold Resources

$45.52

-20.0%

104.3%

3.49

Neyveli Lignite

INR 99.30

-39.5%

123.6%

3.35

Jinduicheng

CNY 16.93

-38.4%

122.2%

6.66

Southern Copper

$21.18

-49.5%

132.2%

18.08

Minmetals

CNY 19.62

-48.2%

129.5%

3.08

Yanzhou Coal

CNY 16.59

-38.5%

118.3%

7.19

Rio Tinto

₤24.40

-66.0%

145.2%

52.63

Lihir

AUD 2.99

-17.9%

96.7%

5.09

Newmont

$41.85

-22.2%

97.7%

20.03

Goldcorp

$30.08

-42.9%

117.3%

21.95

Kinross

$14.76

-42.0%

115.5%

10.19

Hunan Valin

CNY 6.68

-37.6%

106.2%

2.68

Newcrest

AUD 30.55

-17.8%

84.6%

10.65

BHP Billiton

₤14.35

-34.9%

96.2%

128.49

CSN

$17.52

-66.6%

122.6%

13.90

Norilsk

$7.99

-74.8%

127.6%

15.23

NMDC

INR 234.55

-55.2%

103.6%

18.68

Impala

ZAR 173.73

-52.4%

100.7%

11.48

Silvinit

$435.00

-80.9%

128.9%

3.40

Mechel

$5.87

-90.0%

129.3%

2.44

Chinalco

CNY 11.34

-53.5%

92.2%

15.90

China Coal

CNY 11.22

-48.7%

87.0%

15.03

Magnitogorsk

$0.32

-77.8%

113.3%

3.58

ICL

$9.00

-65.4%

100.0%

11.38

Xstrata

₤6.04

-75.9%

109.2%

26.46

Harmony

$9.00

-32.1%

64.5%

3.83

Mosaic

$44.51

-72.7%

102.9%

19.78

Fortescue

AUD 2.43

-81.5%

109.5%

4.95

Eramet

EUR 190.50

-71.6%

98.3%

6.60

Qinghai

CNY 61.92

-42.5%

67.4%

6.96

Barrick

$29.13

-44.5%

68.7%

25.43

Pivdennyi HZK

UAH 8.15

-9.4%

33.6%

2.17

PotashCorp

C$108.50

-55.9%

76.7%

26.34

Vale

$16.14

-63.4%

83.4%

79.09

Agrium

$40.62

-64.3%

84.0%

6.37

K+S

EUR 45.55

-53.2%

70.0%

9.96

Peabody Energy

$29.34

-66.9%

83.4%

7.84

Kumba Iron Ore

ZAR 166.51

-55.0%

62.4%

5.81

New Hope

AUD 3.98

-27.1%

33.1%

2.33

Shenhua

CNY 25.42

-52.2%

58.1%

61.35

Cameco

C$21.96

-50.5%

53.2%

7.08

ARM

ZAR 122.00

-60.3%

60.5%

2.82

Anglo American

₤14.44

-60.8%

59.4%

28.97

Alcoa

$8.83

-80.3%

77.7%

8.59

CAP

CLP 10,166.00

-62.4%

53.8%

2.63

Exxaro

ZAR 68.85

-57.9%

44.9%

2.67

Norsk Hydro

$4.20

-75.6%

54.4%

5.24

Anglo Platinum

ZAR 505.26

-65.9%

44.4%

22.82

Arab Potash

JOD 35.91

-63.7%

40.3%

4.23

Cliffs Natural

$18.77

-84.6%

59.1%

2.13

Consol Energy

$27.86

-76.6%

50.6%

5.03

Coal & Allied

AUD 73.10

-39.1%

8.3%

4.56

Averages/total

-48.9%

141.3%

1041.73

Weighted averages

-58.2%

103.6%

* 12 month

Source: market data; table compiled by Barry Sergeant