U.K. Materials High ROE Growth Engines

Fresnillo

Market Cap: UK£21.2b

Fresnillo plc mines, develops, and produces non-ferrous minerals in Mexico.

Hochschild Mining

Market Cap: UK£2.5b

A precious metals company, engages in the exploration, mining, processing, and sale of gold and silver deposits.

Pan African Resources

Market Cap: UK£2.1b

Engages in the mining, extraction, production, and sale of gold in South Africa.

AltynGold

Market Cap: UK£248.7m

Engages in the exploration and development of gold producing mine in the Republic of Kazakhstan.

Serabi Gold

Market Cap: UK£221.1m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

Eurasia Mining

Market Cap: UK£71.6m

A mining and mineral exploration company, engages in the exploration, development, and production of palladium, platinum, rhodium, iridium, copper, nickel, gold, and other minerals in Russia.

Hardide

Market Cap: UK£53.6m

Engages in the production of chemical vapour deposition (CVD) coatings in the United Kingdom, Europe, North America, and internationally.

Chesterfield Resources

Market Cap: UK£2.0m

Engages in the exploration and development of precious and base metals in Canada.