Australia’s mining stocks dominated the worst performers over a year in which the materials sector sank 14 per cent as commodity prices sagged.
Iron ore producer BC Iron Limited (ASX:BCI)
was the number one worst performing stock in the benchmark index, plunging 90 per cent over 2014.
Mining and materials company Arrium Limited (ASX:ARI)
and iron ore miner Atlas Iron Limited (ASX:AGO)
both sank about 86 per cent in the year.
In fourth position rare earths producer Lynas Corporation Limited (ASX:LYC)
tumbled 77 per cent and in fifth spot iron ore miner Mount Gibson Iron Limited (ASX:MGX)
lost 76 per cent.
Gold producer Beadell Resources Limited (ASX:BDR)
saw a loss of more than 71 per cent while marine logistics provider MMA Offshore Limited (ASX:MRM)
, formerly Mermaid Marine Australia Limited, shed 62 per cent.
Oil and gas explorer Senex Energy Limited (ASX:SXY)
and staffing services company Skilled Group Limited (ASX:SKE)
both declined near 57 per cent.
Rounding out the top ten iron ore producer Fortescue Metals Group Limited (ASX:FMG)
saw its share price cut by 53 per cent last year.